Top 10 MBA Colleges In Maharashtra
Lily Sankhil
By Lily Sankhil
8 min read
April 23, 2025

Top 10 MBA Colleges In Maharashtra 2025 | Eligibility & Entrance

Maharashtra is home to various prestigious private and government educational institutes, and is popular for offering the best quality of education in management fields.

Table of Contents

The top 10 MBA Colleges in Maharashtra invite students from across the country to pursue a full-time 2-year professional degree MBA Master's in Business Administration program in the desired university. The MBA course includes a broad range of management topics such as Human Resource Management, Marketing Management, Accounting, Business Analytics, Finance, Supply Chain Management, Information Technology, and Business Analytics. The focus of the MBA program is to prepare students for the fundamental principles of management and the business industry. 


MBA Colleges' latest updates:

  • Pearl Academy MBA admission for the 2025 academic year is open. Students are advised to check the university's official website to learn more. 25th April 2025 is the last date to apply for MBA admission at Pear Academy. source

  • Amity University Mumbai MBA admissions are ongoing for the year 2025. Students are advised to submit the application form before 30th April 2025*. Visit the university website to stay updated. source

  • KJ Somaiya Institute of Management Studies and Research, MBA 2025 admissions are open. The last date to apply is 29th April 2025*. To know more, visit the KJ Somaiya Institute's official webpage. source

  • Pune Institute of Business Management 2025 MBA admissions are open. Kindly visit the university website to register. 25th April 2025* is the last date to apply. source


Top 10 MBA Highlights Table

Course Full Name

Master's in Business Administration

Duration

2 years 

Degree Type

Postgraduate 

Eligibility Criteria

Bachelor's degree in any stream

Entrance Exam

CAT, MAT, XAT 

Carrere Paths

Product Manager, Business Analytics

Specializations

HRM, Accounting, Management, Information Technology 

List of Top 10 MBA Colleges In Maharashtra

Symbiosis Institute of Management 

Pune Institute of Business Management (PIBM)

Pearl Academy

Symbiosis International University (SIU)

Amity University

IIM Mumbai 

TISS Mumbai 

IIT Mumbai 

IIM Nagpur 

KJ Somaiya Institute of Management 

IIM Mumbai

Indian Institute of Management Mumbai is a popular public business school located in Mumbai, Maharashtra. The institute was established in 1963 and formerly popular as the National Institute of Industrial Engineering, NITIE.  It is affiliated with the National Institute of Importance. IIM Mumbai has ranked in the 6th position among Management schools by the National Institute of Ranking Framework, NIRF. The University has received the title of top 10 MBA Colleges in Maharashtra. It offers a variety of management programs at the master's level. The MBA course aims to clarify the concepts for students regarding management and the business marketing industry. 

All MBA aspirants can check out to latest updates from IIM Mumbai official website.

IIM Mumbai MBA Course

  • The course of the MBA program at IIM Mumbai is divided into modules that include Operations, Marketing Management, Financial Reporting and Accounting, Managerial Communication, Corporate Finance, Business Research Methods, and Microeconomics. 

IIM Mumbai MBA Eligibility Criteria  

  •  Students must qualify for the Common Entrance Test CAT conducted by the Indian Institute of Management IIMs. 

  • A Bachelor's degree of 3 years has been completed with at least 50% marks in any discipline. 

  • Final year students of the bachelor's are also eligible. 

IIM Mumbai MBA Entrance Test  

  • The top 10 MBA Colleges in Maharashtra allow students to take admission in the MBA course if they have cleared the CAT test. 

    IIM Mumbai MBA fee

  • IIM Mumbai two-year MBA/MBA-OSCM/ MBA-SM fee is INR 21.00 lakhs.

    Pearl Academy

Pearl Academy, previously known as Pearl Academy of Fashion, is a private institute for higher education located in Maharashtra, India. 

It was established in 1993 and works under the Global University Systems. It is recognised by the University Grant Commission UGC and is one of the leading institutes among the top 10 MBA Colleges in Maharashtra. Pearl Academy offers various postgraduate programs in Management, including MB, A Master's in Business Administration, a full-time 2-year postgraduate-level program that helps students develop leadership skills for the business world. 

Pearl Academy admission for the year 2025-26 is open. Students can fill the application form with all the important and required details correctly. Pearl Academy application fee for UG and PG programs is INR 2000, and for short-term certificate courses is INR 500. Students are advised to submit the duly filled form before the last date of 15th April 2025. Access the application form uploaded on the admission portal of Pearl Academy.

Pearl Academy MBA and Specialization

  • MBA in Global Luxury Brand Management, MBA in Fashion and Lifestyle Business Management.

  • MBA specialization includes Advertising and Brand Management, Digital Communication Management, Data Science, and Business Management. Media and Entertainment Management, Human Resource Management. 

Pearl Academy MBA Eligibility Criteria

  • Minimum 3 years of graduation in any stream with at least 50% marks is required.

  • The marks achieved by the students in the entrance exams of CAT, MAT, and XAT. 

  • Students must have completed school education of 12th and 10th from a valid board, passed with 45%. 

Pearl Academy MBA Entrance Exam

  • Pearl Academy has maintained its position in the top 10 MBA colleges in Maharashtra, which allows students to pursue the MBA course based on the entrance exams of the Common Entrance Test, CAT, MAT, and XAT.

    Pearl Academy MBA Fee

  •  Pearl Academy MBA one-time fee is INR 82,000.

  • 1st/2nd semester fee is INR 2,73,800.

Amity University Mumbai 

AUM, Amity University Mumbai, established in 2014 by the Ritnand Balved Education Foundation, is a top private university located in Navi Mumbai, India. It has an affiliation with the University Grants Commission UGC. Amity University has set its name in the list of Top 10 MBA Colleges in Maharashtra. It is known for its Management programs that are meant for those students who want to learn the various business and marketing applications.

Amity University Mumbai is accepting applications for the 2025-26 academic year. Students applying for any Ug and PG courses can fill out the application form available on the university admissions portal. Students are advised to pay an application fee of INR 1500. Submission of the forms must be done before the last date of 30th April 2025*. Visit the Amity University Mumbai official website to stay updated.

Amity University MBA Course

  • MBA in Sustainability Management, MBA in Banking and Finance, MBA International. 

  • Specialization includes Finance, Accounting, Marketing, and Human Resources management. 

Amity University MBA Eligibility Criteria

  • Students who are in the final year of a bachelor's and have given the final semester exam can apply for the MBA program. 

  • To apply for the MBA program, students must hold a bachelor's degree in any stream with not least 50% marks.

    Amity University MBA Entrance Test

  • Students who want to take admission in the top 10 MBA Colleges in Maharashtra have to clear the Common Entrance Test CAT conducted by the Indian Institute of Management (IIMs). 

    Amity University MBA Fees

  • Amity University 1st year MBA fee for non-sponsored semester is INR 2.86 lakhs.

Tata Institute of Social Science TISS

TISS, Tata Institute of Social Science, is a prestigious public university established in 1936 and located in Mumbai, Maharashtra. J.R.D Tata is the founder of the university. The university is accredited by NAAC with an A++ grade and approved by AICTE and University Grants Commission UGC. Along with these, it is ranked among the top 10 MBA colleges in Maharashtra. TISS offers various programmes at postgraduate level, including AICTE-approved MBA, Master in Business Administration that focuses on the field of management studies.

Tata Institute of Social Science is accepting 2025-26 online applications for UG and PG admissions. Students can register themselves by filling out the application form. Students will need to pay an application fee of INR 200. visit the university website and submit the application form before 30th April 2025*.

TISS MBA specialization

  • Human Resource Management and Labour Relations, Organisation development, Hospital Administration.

TISS MBA Eligibility Criteria

  • Students who have done their 3 years of bachelor's can be in any stream from a recognised university, passed with at least 50 % marks.

  • Those who have qualified the required entrance exam for MBA programmes like CAT, XAT, and CMAT are eligible.

  • Students must have studied class 10+2 from a recognised board and have passed with a minimum of 45% marks.

TISS MBA Entrance Exam

  • TISS is a top university added in the ranking of the top 10 MBA colleges in Maharashtra to take admission for MBA at TISS.. Students must have passed the Common Entrance Test CAT. 

    TISS MBA Fee

  • TISS offers MBA with a tuition fee of INR 3.5 lakhs.

Indian Institute of Management Nagpur

IIM Nagpur, a renowned public business school established in 2015. It is located in Nagpur, Maharashtra, India. National Institute of Ranking Framework NIRF has ranked it at the 43rd position among business schools.

IIM is newly established and has gained the popularity of the top 10 MBA colleges in Maharashtra. It invites students from all over the country to pursue an MBA, a master's in business administration, a full-time time 2 2-year postgraduate study. The course is designed for those students who are interested in learning about business, marketing, and management studies.

IIM Nagpur admission for 2025-26 is expected to open soon from May 2025. Students can check out indian institute of Management's official web portal for more updates. Students can apply for MBA admission in top MBA colleges in Pune.

IIM Nagpur MBA course

  • Business Statistics, Managerial Economics, Organization Behaviour.

  • Specializations in Economics, finance, and accounting, Strategy, and Entrepreneurship.

IIM Nagpur MBA Eligibility Criteria

  • Students must hold 3 3-year bachelor's degree in any stream, passed with a minimum of 50 % from a recognised university.

  • Students who are in the final semester of their bachelor's program can also enroll in the MBA program at IIM Nagpur.

  • A score on the CAT entrance test is required.

IIM Nagpur MBA Entrance Test

  • Students applying in the top 10 MBA colleges in Maharashtra for an MBA program have to qualify for certain entrance exams like CAT, CMAT, and XAT.

    IIM Nagpur MBA Fee

  • IIM nagpur MBA fee is INR 21,00,000.

  • The payable fee at the time of admission is INR 1,00,000.

KJ Somaiya Institute of Management Studies and Research

KJ SIMSR- KJ Somaiya Institute of Management is a reputed private school for business studies located in Somaiya Vidya Vihar, Mumbai.

The founder of the institute is Padma Bhushan KJ Somaiya, and it works at Somaiya Vidyavihar University. It has received the title of top 10 MBA colleges in Maharashtra that offers a broad range of full-time 2-year MBA study programs. The MBA program provides a strong academic background to those students who want to pursue their careers in the business world.

KJ Somaiya Institute of Management Studies and Research admissions are open for the 2025-26 academic session. All those interested in applying for admission can fill out the application form available on KJ Somaiya Institute of Management Studies and Research admission portal. The application fee ranges between INR 1000 and INR 3000. Students are advised to submit the application form before 29th April 2025*. Visit the KJ Somaiya Institute's official website to learn more.

KJ Somaiya Institute MBA courses

  • Business Analytics and Data Science, Finance, HR people development, MarketingOperationson Management, Sustainability, Strategy, and Consulting.

KJ Somaiya Institute MBA Eligibility Criteria

  • Students who have passed 3 years of graduation in any discipline with at least 50% marks are eligible to apply for the MBA program.

  • Students given the bachelor's final semester exams can apply.

  • The selection is based on the scores achieved by students in the MBA entrance exams like CAT, MAT, XAT, and CMAT.

KJ Somaiya Institute MBA Entrance Exam

  • Admission to the top 10 MBA colleges in Maharashtra is based on the CAT entrance exam.

    KJ somaiya institute MBA Fees

  • MBA/MBA-healthcare management total fee for 1st year is INR 10,77,200 and for 2nd year is INR 11,55,100.

Pune Institute of Business Management

PIBM Pune Institute of Business Management is a private institute of business studies and management studies established in 2007. It is affiliated with Savitribai Phule Pune University, located in Pune, Maharashtra. It is popular in Maharashtra for the top 10 MBA colleges. The institute offers various 2-year full-time MBA programs that focus on the market and business studies.

Pune Institute of Business Management admission is open for the academic year 2025-26. Interested students can go to Pune Institute of Business Management's official website and access the application form through he admission portal. Students will have to pay PIBM application fee of INR 1000. The last date to apply for admission is 25th april 2025*.

Pune Institute of Business Management MBA courses

  • MBA in project management, Fin-Tech, and a general MBA in marketing and finance.

Pune Institute of Business Management MBA Eligibility Criteria

  • Bachelor's degree in any stream passed with a minimum of 50% marks from a recognised institute.

  • Students who are in the final semester of their bachelor's program are eligible to apply for the MBA program.

  • Marks obtained by students in the MBA entrance exams, such as CAT, CMAT, and XAT, are required.

Pune Institute of Business Management MBA Entrance Exam

  • Students who wish to pursue an MBA from the top 10 MBA colleges in Maharashtra, which also include PIB, have to qualify for BA entrance tests like CMAT, CAT, CA, and XAT.

    Pune Institute of Business Management MBA Fees

  • Pune Institute of Business Management's MBA registration fee is INR 50,000.

  • PIBM MBA tuition fee for 1st/2nd year is INR 4,37,500.

  • Security deposit is INR 10,000.