MBA is a highly demanded degree amongst most Punekars in today’s academic forum. Hence, enlisting the top MBA colleges in Pune from the existing lot easily confuses management aspirants. Not just Punekars but candidates from across India aspire to get admitted to one of these top MBA colleges.
Pune is the hub of leading MBA colleges in India. Hence, many non-Maharashtrian MBA aspirants appear in the nationally acclaimed MBA entrance exams.
On qualifying, they need to check various parameters regarding the city and institute of concern before finalizing relocation. These include transfer budgets, accommodation, MBA programmes and MBA courses offered by the concerned institute, their fee structure, placement offers, and more.
10 Top-Ranked MBA Colleges in Pune
Helping interested candidates manifest their dream MBA Admission in Pune, this blog helps in shortlisting the Top 10 from the many MBA colleges in town. Each institute of business management mentioned below displays distinct virtues that add to their admission appeal.
A key point driving MBA admissions of these enlisted business schools involves their MBA placement offers with an above-average placement package.
For more deets, scroll down below:
1. Symbiosis Institute of Business Management
Want to pursue an excellent academic experience studying business management? SIBM is one of the best private MBA colleges to consider. Symbiosis Institute is lauded as one of the top MBA colleges in Pune and one of the premier B-Schools throughout India since 1978.
GOI’s National Institute Ranking Framework (NIRF) ranked SIBM Pune (Deemed University) as the 17th best MBA college in India in 2023. Symbiosis Institute’s MBA curriculum is AITCE-approved. NAAC grants Symbiosis Institute an ‘A++ Grade’.
This semi-international institute imparts classified National and International Business Studies. Symbiosis Institute offers world-class academic infrastructure, helping candidates to stay at par with this discipline’s global setup.
Apart from offering outstanding academic prospects, they facilitate an excellent placement cell. SIBM carefully trains students in relevance with the external corporate setup. The eligible students get easily hired by renowned national and international companies during their campus selection sessions.
Comfortable hostel accommodation services are available for non-Pune residents.
Admission Criteria:
- Eligibility Criteria: Candidates need to have at least 50% marks in their undergraduate degree to apply to the MBA program. Students belonging to SC/ST category can apply for MBA post securing a minimum of 45% marks in their undergraduate degree.
- Selection Process: Candidates can apply for Symbiosis National Aptitude Test (SNAP) entrance exam, clearing which they qualify for Group Exercise and Personal Interview (GEPI). These are held in phases.
Program Offered:
- Symbiosis Institute offers a full-time MBA course spanning two years. Candidates pursuing MBA degrees can choose from specific fields of specialization like Marketing, Operations & Supply Chain Management, Human Resources Development, and more.
- They offer a full-time course in Innovation and Entrepreneurship for two years.
- Symbiosis Institute also presents a fully residential MBA in ‘Leadership and Strategy’. This is also a 2-year course.
- Corporate personnel can avail Symbiosis Institute’s ‘Executive MBA Program’ on weekends. They can also avail their ‘Management Development Programmes’.
Additional Information:
Address: Symbiosis Knowledge Village, Near Symbiosis Institute of Digital & Telecom Management, Pune – 412115, Maharashtra
- Website: https://sibm.edu/
- Annual Fees: 8 LPA – 11 LPA
- Contact: (020) 61936000
2. National Institute of Bank Management
In 1969, the Reserve Bank of India and the Government of India jointly established one of the most renowned MBA colleges in Pune. As one of the best public MBA colleges in India, this Pune Institute is AITCE accredited. NAAC grants NIBM Pune an ‘A Grade’.
NIBM’s governing board is primarily headed by the Reserve Bank of India’s Governor’, followed by the institute’s core policymakers and high-ranking bank representatives.
Possessing a spatial extension of over 62 acres, NIBM’s campus enjoys a secluded setup away from pollution and city cacophony. This institute’s high-end educational infrastructure integrates its academic ecosystem.
Eligible candidates can vouch for their assured placement in any leading national/ private bank set up within this country.
The campus also includes hostels and quarters (air-conditioned) to accommodate scholars, faculties, and bank employees.
Admission Criteria
- Eligibility Criteria: Candidates must have a Bachelor’s Degree of 50% or more from any officially identified university is mandatory. Candidates must also possess a nationally valid exam scorecard (CAT/ XAT/ CMAT/ GMAT/ GRE). A PGDM aspirant’s CAT cutoff score is 75 percentile.
- Selection Process Selected candidates undergo their MBA admission process thorough evaluation based on the ‘Writing Ability Test’ (WAT) and ‘Personal Interview’ (PI) rounds. Under limited conditions, they can also appear for an ‘Oral Communication Test’ (OCT).
Program Offered:
- A two-year executive training program provides management studies for aspirant bank managers. The specialization domains are related to contemporary banking and finance.
- NIBM is considered one of the best MBA colleges in Pune for hosting these programs across different easy-learning formats for every candidate.
- NIBM supports an online training program for distant learners.
- This institute provides a two-year special PGDM course on Banking and Finance Studies.
Additional Information:
Address: NIBM Post Office Rd, Kondhwa, Near Royale Heritage Mall, Pune – 411048, Maharashtra
- Website: https://www.pibm.in/
- Annual Fees: 7 LPA – 8 LPA (for both the Executive Training Program and PGDM courses)
- Contact: (020) 26716000
3. Pune Institute of Business Management
Considered as one of the leading PGDM & MBA colleges in Pune, Pune Institute of Business Management has been officially accredited by NAAC and NBA. This business school imparts fine management skills aligning with the latest industrial format.
Eminent business leaders across various sectors interact with students within the campus to foster their integrated understanding of corporate diaspora. Its curriculum adheres to fostering the nation’s management and entrepreneurship development.
Out of all the top MBA colleges in Pune, PIBM organizes the best campus placement sessions every year. Most of their corporate alumni had seized the best placement offers during these sessions back in their day. Leading MNCs selectively enroll eligible candidates.
Both its MBA and PGDM programs facilitate students to interact and inculcate practical knowledge from senior officers from leading MNCs.
Admission Criteria:
- Eligibility Criteria: Candidates must qualify with 50% or above in the UG degree.
- Selection Process: Candidates must qualify for the ‘PIBM Management Aptitude Test’ (PMAT) or any nationally acclaimed entrance exam (CAT/ CMAT/ MAT/ XAT/ MAH-CET). PGDM (regular and hybrid) and MBA aspirants later appear for the GD and PI rounds. However, PIBM’s Global Program aspirants provide their TOEFL/ IELTS results and place their ‘Statement of Purpose’.
Program Offered:
PIBM executes ‘Profile Oriented Training’ across various management disciplines of Finance, Marketing, Human Resource Management, Digital Marketing, Business Analytics, and others.
Apart from regular MBA, other programs offered by this leading management institute pan through the domains of FinTech and Project Management.
The AICTE-approved PGDM course spans 2 years. Within this course, students can choose from the given managerial fields of Finance, Marketing, Human Resources, and relevant others. Its ‘Hybrid’ mode is executed both online (70%) and offline (30%).
The US-based students can avail this top MBA college’s ‘Joint Global Degree’ program of 2 years. Lawrence Technological University (Michigan, USA) covers this program.
Additional Information:
Address: Tal – Mulshi, Gut No. 605/ 1 Lavasa Road, Paud R., Near Smoky Beach Restaurants Pune – 412115, Maharashtra
- Website: https://www.pibm.in/
- Annual Fees: 8 LPA – 9 LPA (for both MBA and PGDM courses); 30 – 35 LPA (Joint Global Degree Program)
- Contact: (020) 66036700
4. International Institute of Management Studies (Pune)
Established in 2006, one of the leading management colleges in Pune, IIMS Pune, is affiliated to its foundation body; the ‘SaiBalaji Education Society’. This business academy is validated by the Government of India, Ministry of HRD, AICTE, and NAAC (B Grade).
Infrastructurally, IIMS’s campus comprises a green zone with a well-equipped high-tech building. Its academic tools, IT infrastructure, and pedagogy are of premiumly relevant standards.
This university supports an excellent placement cell. They garner the likes of corporate giants like Deloitte, PWC, Federal Bank, Asian Paints, and a lot more.
Countries like the USA, Thailand, Spain, and Dubai actively recognize this university’s global reputation. IIMS Pune also has academic tie-ups with reputed international business institutes (like Babson University, USA).
Admission Criteria:
- Eligibility Criteria: Candidates must possess a Bachelor’s Degree with 60% or above. They must also carry their 10th and 12th marksheets.
- Selection Process: Candidates’ MBA admission depends on their procuration of > 40% in either of the ATMA/ CAT/ CMAT/ MAT/ GMAT/ CET/ XAT exams. Their GD/ PI score must be > 35%.
Program Offered:
- As one of the best MBA colleges, IIMS Pune specializes in its PGDM program of 2 years. Its management education curriculum involves International Business, Marketing, Human Resource Management, Business Analytics, and other related topics.
- This top MBA college offers various seasonal internship schemes for its candidates.
Additional Information:
Address: Hinjawadi IT Park, Survey No. 54(1+2/1), Dattawadi, Near Dhaniraj School Pune – 411033, Maharashtra
- Website: https://www.iimspune.edu.in/
- Annual Fees: 8 LPA – 9 LPA for PGDM courses
- Contact: (0)9665966035
5. Department of Management Sciences
Set up in 1971, the ‘Department of Management Sciences’ (PUMBA) is autonomous to Savitribai Phule Pune University (SPPU). While SPPU was established in 1949, PUMBA was set up in 1971, making it one of the oldest Pune colleges.
Recently, the ‘National Council of Assessment and Accreditation’ (NAAC) accredited this one of the top MBA colleges in India with an ‘A Grade’ (5 stars).
As one of the best MBA colleges in Pune, PUMBA’s biggest accolade and asset are none other than their extremely credible alumni, who shine bright like diamonds in their respective career arenas.
PUMBA’s campus spatially expands over 414 acres of greenery. The college infrastructure visually exudes colonial aesthetics. However, its reputed faculty and generationally enriching curriculum promise to define every management student’s career route.
Leading Indian management giants like Bank of Baroda, Alchemist Ark, Emerson Process Management, ONGC, and others; actively hire eligible candidates from this campus.
While PUMBA doesn’t have its hostel, SPPU’s main hostel quarter reserves rooms for accommodating PUMBA’s residential candidates.
Admission Criteria:
- Eligibility Criteria: Candidates possessing a Bachelor’s Degree with 50% or above from any official university are eligible.
- Selection Process: Approximately 360national candidates qualify for this prestigious institution after clearing the ‘Common Entrance Test’ (CET).
Program Offered:
- In 2004-05, PUMBA introduced its ‘trimester-patterned’ credit system for their sole MBA course. This 22-month Master in Business Administration course is relevant to date.
- This system encompasses 100 credit courses over 6 trimesters. Human Resource Management, Finance, and others are specialization subjects.
- Its other aspect involves ‘Four Cafeteria Elective Courses’.
Additional Information:
Address: Savitribai Phule Pune University, Department of Management Science, Pune University, Ganeshkhind, Near Mauji – The Time Cafe, Pune – 411007, Maharashtra
- Website: https://www.pumba.in/
- Annual Fees: 1 LPA – 1.5 LPA
- Contact: (020) 25693380
6. Balaji Institute of Modern Management
This management institute was founded by the Sri Balaji Society in 1999. Outlook ranked ‘Balaji Institute of Modern Management’ (BIMM) as one of the best private B-Schools in India, under the ‘Return On Investment’ (ROI) category.
This institute is currently affiliated to ‘Sri Balaji University’. BIMM is AITCE accredited. It also possesses an NAAC grade of ‘A++’.
Built over 16.5 acres, their campus encompasses green lawns surrounding the main building. The latter’s urban technical setup is spacious and well-equipped with modern amenities.
Like most MBA colleges, this institute includes in-campus hostels, separate for boys and girls.
BIMM assures 80-100% placement of each academic batch. Their top recruiters are Amazon Transportation Services, Alliance Insurance Pvt. Ltd., and others.
Admission Criteria:
- Eligibility Criteria: UGC candidates must possess a Bachelor’s Degree with 50% or above.
- Selection Process: Their CAT/ CMAT/ MAT/ GMAT/ MH-CET/ XAT exam score should meet the cutoff. Candidates can also appear for the institute’s ‘Sri Balaji Entrance Screening Test’ (SBEST) instead.
Program Offered:
- Their MBA course extends to 2 years.
- Candidates can choose their preferred specialized MBA stream from Sales and Marketing Management, Finance, International Business, and more.
Additional Information:
Address: Survey No. 55/ 2-7, Tathawade, Near Indira College of Commerce & Science (ICCS) , Pune – 411033, Maharashtra
- Website: https://bimmpune.edu.in/
- Annual Fees: 8 LPA – 9.5 LPA
- Contact: (020) 66741236
7. International School of Business and Media (Pune)
Accredited by AICTE and NAAC (B++ Grade), the ‘International School of Business and Media Pune’ (ISB&M Pune) was established right at the inception of the 21st Century. It ranks as the 8th best B-School in Pune.
Time and again, ISB&M Pune has been hailed as one of the best Pune MBA colleges by INDIA TODAY (2017), ASSOCHAM (2021), Mid-day Excellence (2021), and many more.
ISB&M Pune’s campus reflects a highly-equipped modern infrastructure. It’s designed to be at par with the leading international business institution’s standards. Additionally, their curriculum aims at achieving precise corporate relevance of the present times.
Aspirants of high-ranking managerial posts apply for their core Post Graduate Diploma course in Management. This is for 2 years.
This institute is rightfully hailed as one of the leading MBA colleges in Pune for its excellent and prompt placement standards. Reputed companies like Motilal Oswal, Volvo, Trident Group India, The Times of India, and others are annually eager to place ISB&M Pune students.
This campus supports separate in-campus hostels for their registered male and female students. Immigrant students can reside here with payment.
Admission Criteria:
- Eligibility Criteria: Bachelor degree holders need to procure a minimum score of 50% from any deemed university. The AICTE-approved program aspirants need to meet the cutoff of any one management entrance exam (CAT, CMAT, and others).
- Selection Process: Eligible candidates are further filtered through this institute’s GD and PI rounds, wherein candidates must procure the cutoff of > 40%.
Program Offered:
- ISB&M Pune’s core PGDM Program (2 years) is AICTE-approved. They support 6 disciplinary specializations, including Media Management.
- Their other programs include the ‘Management and Executive Development Program’ and other certification programs.
- Candidates availing ‘International Academic Collaboration Program’ can undergo a short-term semester from ‘California Polytechnic State University’ (Pomona, USA).
Additional Information:
Address: S. No. 44/1, 44 1/ 2, Nande Village, Pashan Sus Road, Near Hills View Girls Hostel , Pune – 412115, Maharashtra
- Website: https://isbm.ac.in/
- Fees: 6 LPA – 6.5 LPA (overall)
- Contact: (0)7757029571
8. Dr. D.Y. Patil Vidyapeeth
Dr. D. Y. Patil Education Federation was founded in 1983 and named after its founder and philanthropist; Hon’ble Dr. D. Y. Patil. Under the UGC Act 1956, Dr. D.Y. Patil Vidyapeeth is today a ‘Deemed-to-be-University’.
This AICTE-accredited private institute owns an ‘A+ Grade’ (3.64/ 4 score) allotted by NAAC. UGC and MHRD have also accredited this top MBA college.
The renowned institution aims to leverage educational and healthcare management standards in the Indian business sector.
D .Y. Patil’s campus spatially stretches for around 43 acres. Its well-equipped ‘state-of-the-art’ infrastructure is reputed for imparting world-class academic knowledge in management sciences.
DYPU’s online MBA program is nationally acclaimed. Eligible managerial aspirants participate and get placed in renowned MNCs like TCS, IBM, Capgemini, and more.
DYPU provides in-campus separate hostels for boys and girls. Long-distance candidates avail this residential facility.
Admission Criteria:
MBA aspirants must acquire > 40% in their graduation exam. They must also meet the required cutoff in their management entrance exams.
Program Offered:
- DYPU covers both BBA and MBA management programs. The duration of the former is of 3 years and that of the latter is of 2 years. Both of these management programs encompass vital management specializations, including hospital management.
- Additionally, they also provide online courses for both of these programs. Their academic duration stays intact with their offline formats. Candidates opting for this program can also access Harvard Business School’s online management courses.
Additional Information:
Address: Sant Tukaram Nagar, Pimpri Colony, Near Dr. D.Y. Patil Medical College , Pimpri-Chinchwad – 411018, Maharashtra
- Website: https://www.dypatiledu.com/
- Annual Fees: 1.5 LPA – 3 LPA (including both BBA and MBA programs)
- Contact: (020) 67116412
9. MIT World Peace University
Formerly known as ‘Maharashtra Institute of Technology’ (MIT), this one of the leading MBA colleges in Pune is accredited by NAAC (A Grade). It was formerly affiliated to SPPU.
Founded between 1983-95, MIT WPU gradually underwent the wave of ‘internationalization’ from 1996-2003. This 40-year-old institute has been imparting world-class higher education across various disciplines.
MIT WPU’s campus is extensively large and enjoys an elevated topography. The infrastructure, though 40 years old, imparts modern updated visionaries. Their campus exudes a peaceful and spiritual vibe.
MIT’s ‘School of Business’ offers AICTE-approved MBA programs. These 2-year-long programs can be availed both online and offline.
Last year, international MNC giants like Google, Intel, Goldman Sachs, and Microsoft emerged as MIT-WPU’s top recruiters. Also, many national corporate mammoths hire eligible candidates from this campus.
MIT WPU supports separate comfortable hostel facilities for boys and girls. These are located outside campus premises.
Admission Criteria:
Candidates must graduate with a minimum of 60%. They must also meet the 60% cutoff of a nationally acclaimed management entrance exam (CAT, XAT, NMAT, GMAT, etc.).
Program Offered:
- MIT WPU supports both UG and PG programs in Business & Management Studies. The duration of its PGDM course is 2 years. MBA aspirants can choose from 8 distinct specialization options under the same program.
- MIT’s unique ‘MBA Dual Program’ facilitates every interested candidate’s academic multitasking. This program facilitates hard workers to simultaneously pursue two MBA specializations of choice. This helps expand their management knowledge and placement probability.
- MIT WPU also offers an online MBA program for their long-distance candidates. Its duration is also 2 years.
Additional Information:
Address: Survey No. 124, Paud Rd, Kothrud, Near Mit College Of Engineering , Pune – 411038, Maharashtra
- Website: https://www.dypatiledu.com/
- Annual Fees: 4 LPA – 5 LPA (regular MBA program); 5.5 LPA – 6.5 LPA (MBA Dual Specialization Program)
- Contact: (020) 67116412
10. Flames University
The ‘Foundation for Liberal and Management Education’ (Flame) University was founded in 2015 by the Chief Mentor of Management, Innovation, Design, Arts and Social Sciences (MIDAS) – Mr. Parag Shah.
Under the Flame University Act of 2014, it was established as a state-run private university. UGC and the ‘Crisil Business School Grading’ accredit this Jain-minority institution. AITCE AND NAAC have accredited this Pune-based MBA college with a ‘B Grade’.
Spread out across a plot of 60 acres, Flame University provides world-class structural and functional infrastructures. Every academic and recreational amenity reflects top-tier engineering.
Flame University has its dedicated placement cell called ‘Flame University’s Career Services Office’ (CSO) for fostering the effective absorption of their MBA students by top-notch corporate agencies.
This university supports in-campus hostels and guest houses for its residential staff, faculties, and students. There are separate buildings for girls and boys.
Admission Criteria:
- Eligibility Criteria: MBA aspirants must register on the university’s online portal. Therein, they have to update their highest educational qualification, MBA entrance exam score (CAT/ MH-CET and others), and other information. These would be tallied with the institution’s cutoff requirements.
- Selection Process: Eligible candidates would qualify for the preliminary screening round. This involves an Essay writing session following an online Personal Interview (PI) round.
Program Offered:
- As one of the best MBA colleges in Pune, Flame University provides two major MBA programs (in ‘Business Studies’ and ‘Communications Management’). Both these programs extend for 2 years.
- These programs have 13 dedicated and 7 specific program outcomes (POs) to ensure their curriculum’s holistic coverage. Special emphasis is laid on ‘Human Resource Development’.
Additional Information:
Address: Gat No. 1270, Lavale, Off. Pune Bangalore Highway, Near Oxford Golf Resort , Pune – 412115, Maharashtra
- Website: https://www.flame.edu.in/
- Annual Fees: 10 LPA – 11 LPA
- Contact: (0) 9172335812
Quick Summary
Out of the existing MBA colleges in Pune, this blog enlists the 10 best MBA colleges from the entire lot. Special emphasis has been laid on individual institute’s academic attributes, course features, and fee structures.
Hence, candidates aspiring to pursue management studies can browse and consider the specific management institute of their choice. Most of them are non-Maharashtrians and these pointers help in their relocation journey.
Hence, this blog comes extra-handy for aspirants considering Pune top MBA colleges. pursue staying outside Pune/ Maharashtra and are willing to relocate.
From the enlisted top MBA colleges in Pune; Symbiosis Institute, ISB&M, IIMS Pune, MIT WPU, and Flames University facilitate their students and faculties’ foreign exposure.
