Best MBA Colleges in Pune: A 2025 Guide for Students
Introduction
MBA aspirants from all over India consider Pune as one of the best destinations for pursuing their Postgraduate degrees. Also known as ‘The Oxford of the East’, this city is fast emerging as an education hub of the country, from IT and manufacturing to finance. With world-class infrastructure being offered by the city and institutions as well, Pune pares up with the toughest international contenders for higher education.
This article walks students through the top educational institutions in Pune while elaborating on the NIRF 2024 ranking, exam details, placement opportunities, financial requirements, and specializations offered alongside college accreditations.
MBA Colleges in Pune (2024 Ranking)
We composed a list of the ten best colleges with an MBA program in Pune, meticulously considering the NIRF 2024 rankings, entrance examinations, and placement history:
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Package (₹ LPA) |
Total Fees (₹ Lakhs) |
SIBM Pune |
17 |
SNAP |
28.16 |
24.20 |
SCMHRD Pune |
24 |
SNAP |
24.28 |
22.10 |
NIBM Pune |
76 |
CAT/CMAT |
15.22 |
15.00 |
PUMBA Pune |
Not Ranked |
MAH CET |
7.50 |
1.32 |
BIMM Pune |
Not Ranked |
CAT/MAT/CMAT |
11.40 |
9.70 |
PIBM Pune |
Not Ranked |
CAT/MAT/CMAT |
8.75 |
8.00 |
Lexicon MILE |
Not Ranked |
CAT/MAT/CMAT |
8.50 |
4.95 |
IMDR Pune |
Not Ranked |
MAH CET |
6.50 |
4.00 |
SIMS Pune |
Not Ranked |
SNAP |
10.66 |
11.32 |
NIA Pune |
Not Ranked |
CAT/CMAT |
12.00 |
8.50 |
Key Highlights: SIBM Pune and SCMHRD Pune have the highest placement rates with companies such as Deloitte and Accenture that are hiring actively. Both universities offer specializations in Finance, Marketing, HR, IT & Systems, and other areas. Notably, SIBM has specialized MBA IT colleges in Pune equipped with advanced programs.
Top Private MBA Colleges in Pune
Pune has more than 10 private MBA colleges with great facilities and industry links. Here is a list
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Package (₹ LPA) |
Total Fees (₹ Lakhs) |
SIBM Pune |
17 |
SNAP |
28.16 |
24.20 |
SCMHRD Pune |
24 |
SNAP |
24.28 |
22.10 |
BIMM Pune |
Not Ranked |
CAT/MAT/CMAT |
11.40 |
9.70 |
PIBM Pune |
Not Ranked |
CAT/MAT/CMAT |
8.75 |
8.00 |
Lexicon MILE |
Not Ranked |
CAT/MAT/CMAT |
8.50 |
4.95 |
SIMS Pune |
Not Ranked |
SNAP |
10.66 |
11.32 |
NIA Pune |
Not Ranked |
CAT/CMAT |
12.00 |
8.50 |
Indira School of Business |
Not Ranked |
CAT/MAT/CMAT |
7.00 |
8.00 |
MIT School of Management |
Not Ranked |
CAT/MAT/CMAT |
6.50 |
7.05 |
ISB&M Pune |
Not Ranked |
CAT/MAT/CMAT |
8.00 |
11.80 |
Features: The fee structure ranges from ₹4.95 lakhs (Lexicon MILE) to ₹24.20 lakhs (SIBM). SIBM and SCMHRD robust alumni networks and specializations like Business Analytics, attracting firms like Google and EY.
Government Colleges Offering MBA in Pune
The Government MBA Colleges in Pune offer the best value: -
This is the Fee Structure for Students who want to study an MBA in India’s Finance Capital. These MBA Colleges offer Amazing Packages After Graduation.
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Package (₹ LPA) |
Total Fees (₹ Lakhs) |
PUMBA Pune |
Not Ranked |
MAH CET |
7.50 |
1.32 |
NIBM Pune |
76 |
CAT/CMAT |
15.22 |
15.00 |
NICMAR Pune |
Not Ranked |
CAT/CMAT |
8.00 |
12.09 |
BMCC Pune |
Not Ranked |
MAH CET |
5.50 |
0.50 |
MMCC Pune |
Not Ranked |
MAH CET |
5.00 |
0.60 |
Admission Criteria
-
Eligibility: Degree (50%+) + MAH CET score (85-95%ile)
-
Top College Example: PUMBA
-
Top Recruiters: HCL, Capgemini, etc.
MBA Colleges in Pune with Low Fees
These MBA Colleges Located in Pune offer low fees(less than 5,00,000 INR).
PUMBA Pune:
- Fees - 1.32 lakhs
- Entrance exam accepted - MAH CET,
- Average Package ~7.50 LPA average package.
BMCC Pune:
- Fees ~0.50 Lakhs,
- Entrance exam accepted - MAH CET,
- Average Package ~5.50 LPA average package.
Lexicon MILE:
- Fees ~4.95 lakhs,
- Entrance exam accepted - CAT/MAT/CMAT,
- Average Package ~8.5 LPA average package.
Scholarships and Bank Loans
- PUMBA offers Government scholarships for SC/ST/OBC students studying in the College. - - - - Private colleges such as Lexicon give scholarships based on merit.
- Bank education loans from SBI are on offer under very sweet conditions.
Distance MBA Colleges in Pune
Distance MBA colleges in Pune cater to working professionals:
-
IGNOU Pune:
- Fees ~₹0.62 lakhs,
- Degree is Approved by UGC
- Students can take admission easily. -
Symbiosis Centre for Distance Learning:
- Course Fees ~₹0.50 lakhs,
- Specialization - offers Marketing and HR. -
NMIMS Pune (Online):
- Course Fees ~₹1.79 lakhs,
- Exam accepted - AICTE-approved.
Eligibility:
- Bachelor’s degree (50% marks). Symbiosis and NMIMS offer interactive platforms, while IGNOU is cost-effective for beginners.
How to Choose the Right MBA College?
Checklist:
-
Placements: Aim for top colleges like SIBM Pune That Provide a Good Placement package(avg ₹28LPA) with strong corporate ties. Check the Placement state of top Universities before taking Admission.
-
Fees vs. ROI: Compare and Analyse Fees and Return on Investment you can expect from Colleges That Provide an MBA in Pune.
-
Location: Choose College According to your comfort level, Location only after analyzing fees, roi, and placement stats..
-
Accreditation: Always verify AICTE/UGC approval. NAAC 'A' grade colleges (like SIBM) ensure quality standards.
-
Specializations: Match your career path: IT (Infosys), Finance (ICICI), Marketing (HUL). Check faculty expertise in your focus area.
-
9:Connect with alumni on LinkedIn. Visit campuses to check the infrastructure, talk to current students about the workload.
FAQs
Which is the No. 1 MBA college in Pune?
If we are talking about the number 1 MBA College in Pune, so answer is SIBM, SIBM Pune got 17th rank in NIRF 2024, and SIBM also provides an Average Placement package of ~₹28.16 LPA to Students of MBA.
Best private MBA college?
Strong Placement records and a Quality Education system make SIBM the best Private College for MBA in Pune.
Cheapest government MBA college?
BMCC, located in Pune, offers the cheapest government MBA with a fee of around ₹0.50 lakhs. And the College does not compromise with the Faculty and learning for students..
Can I do an MBA without CAT?
Yes, PUMBA admits to college through MAH CET, and numerous others do MAT/CMAT like Lexicon MILE.