Why choose Pune as an MBA destination?

Pune has always been an excellent destination for aspiring students. Here are a few reasons why you should choose Mba Colleges in Pune.

• Top MBA Colleges in Pune: Needless to say, Pune is home to some of the top MBA colleges in India. It has been a sought-after MBA destination for students who want to become managers in the future. Pune is home to top colleges such as Symbiosis International University, Department of Management Sciences, Pune College of Business Management and the like.  
• Cost of living: Compared to the other metropolitan cities, the cost of living in Pune per say is relatively less. Students can easily find accommodation on a shared basis, and all the amenities are available at affordable prices. 
• Career opportunities: Pune has all the top companies like Infosys, TCS, Tech Mahindra, Amdocs, Accenture, Capgemini and the like. After completing their course, students can get career opportunities in such top companies. 

Thus, if you are an MBA aspirant, then Pune is a great destination. Below is a list of top 10 MBA colleges that you can consider.

Check out the list of MBA colleges in pune

Rank 1 | Top MBA colleges in Pune

Symbiosis Institute of Business Management

SIBM Pune is one of the best MBA Colleges in India. It is recognised for its excellent academics. SIBM Pune was established in the year 1978. It has illustrious alumni, bright students, distinguished faculty and various visiting faculty that make a great college. SIBM is a student-driven college, and its student council has nine teams. The student council organises multiple events throughout the year, for instance, Sports Conclave, the Blueprint and many more.

Course Details

SIBM Pune offers a full-time MBA program to its students that last for two years. It is spread across four semesters and offers specialisations in Finance, Human Resource, Operation Management and Finance. The structure of the program is such that it gives the best exposure to the students related to the industry. The course provides a nurturing classroom environment that helps students become competent leaders of tomorrow. The candidates applying for this course should have graduated from any statutory university with a minimum of 50% marks. 

Placements at SIBM Pune

During the latest placement drive at SIBM Pune, a total of 85 companies from sectors such as BFSI, Consulting, Retail, Information Technology and the like visited the campus. The participating companies made around 190 offers to the students. The average pay package offered was up to Rs. 16. 23 LPA and the highest compensation went up to 28 LPA.

Differential Factor

SIBM Pune has continued to be one of the top MBA Colleges in India. The entire faculty at SIBM Pune is highly qualified with degrees like MBA and PhD. Their vision is to promote international understanding through quality education. The students at SIBM have won several national and international laurels. The companies that come for recruitment offer diverse profiles to the students. The campus of SIBM is picturesque, and the infrastructure is state-of-the-art. Moreover, it has won several awards over the years that add to its credibility.

Contact Details

• Address:Symbiosis Knowledge Village, Gram Lavale, Tal Mulshi, Pune, Maharashtra 412115
• Website: https://www.sibm.edu/

Rank 2 | Top MBA colleges in pune

Balaji Institute of Modern Management

Balaji Institute of Modern management is a prestigious school of management in Pune. It has produced several managers, leaders and entrepreneurs. It was founded by Dr Balasubramanian, and the first batch of BIMM graduated in the year 2001. It is the flagship college of Sri Balaji Society that offers AICTE approved PGDM courses. BIMM is very famous not only Pune but also India for its quality education as well as placements. Balaji Institute of Modern Management has been consistently ranking among the top MBA colleges in India.

Course Details

BIMM offers MBA equivalent PGDM programs that last for two years. One can take up a course in General Management, IT and Marketing, PM and HRD. Engineers who have an excellent academic score can also specialise with subjects such as cloud computing and analytics. These courses are in top demand in the IT industry and also give a great start to one’s career. Admission is based on a valid score of CAT, XAT, CMAT and MAT. This is followed up by a group discussion and personal interview. Candidates should have 50% minimum marks from any recognised university.

Placements at BIMM

The highest package offered for students at BIMM went up to 16 lakhs per annum. On an average, students get placed for packages that are 6.5 lakhs per annum. Students get placed in companies such as IBM, Oracle, Google and the like.

Differential Factor

More than 335 companies visit campus each year for placements. The college

focuses on the all-round development of the students. It holds several cultural events each year for the benefit of students. The National Conclave is an event that witnesses the presence of top corporate leaders from the country. A lot of induction guest lectures are also conducted to help the students broaden their perspectives. Multiple internships, as well as periodic interactions with the industry leaders, provide a practical aspect to the learning.

Contact Details

• Address: Survey No. 55/2-7, Off Mumbai-Bangalore Bypass, Tathawade, Pune, Maharashtra 411033
• Phone: 020 6674 1236
• Website: https://www.bimmpune.com/

Rank 3 | Best MBA colleges in Pune

MIT School of Management

MIT School of management comes under MAEER, i.e. Maharashtra Academy of Engineering and Educational Research. It is a leading business school which has also been ranked by NIRF. It was established in the year 1987. Their mission is to create a platform that bridges the gap between academia and the corporate. MIT has successfully built a powerful force of leaders in the human resource, finance, marketing and international business. The student-centric approach of the college also strives on maintaining quality.

Course Details

The two-year MBA program is designed by keeping in mind the national priorities as well as international practices. The course is aligned with the recruiter expectations. The choice-based credit system gives the students an option of opting for courses depending on their goals and aptitude. Students need to have a minimum of 50% in their bachelor’s degree. CAT, MAT and XAT scores are accepted.

Placements at MIT SOM

At MIT SOM, students are given relevant training related to placements. This helps them carve successful careers for themselves. More than 250 companies participate in recruitment each year. The average package for students is 4.10 LPA, and the highest package is 8.6 LPA.

Differential Factor

MIT SOM has ranked platinum in the CII AICTE survey of 2016. It is also accredited by NBA and has placed about 370+ students thus far. The campus has an excellent infrastructure with all the modern amenities. The college ranks among the top 100 colleges by National College ranking framework. Moreover, it was also ranked 7th by the Ministry of Science and Technology in 2017 for Smart India Hackathon.

Contact Details

• Address: S.No. 123, Saraswati Vishwa Building, “A” Wing, 3rd Floor, MIT Campus, Paud Road, Kothrud, Pune. 411038
• Phone: +91 – 09403865490 | 08605007431
• Website: http://www.mitsom.edu.in/Home/Index

Rank 4 | Best MBA colleges in Pune

International School of Business and Media, Pune

The programs provided by ISBM Pune are AICTE approved and are employment oriented. They have a dedicated placement cell that ensures that all students get a good job upon the completion of their course. It is one of the top MBA colleges in Pune. The programme offered by the college is state of the art and contemporary. The college boasts of its accomplished faculty as well as excellent academics. It believes in creating a great learning environment for the students. The campus is located far from the city in the lush greenery thus providing an excellent ambience for learning.

Course Details

The PGDM course helps students in building and maintaining business capabilities. The course is ideally divided into two parts namely the core courses and elective courses. A student is required to complete 130 credit courses. The course comprises quizzes, assignments, comprehensive viva and case analysis. Students need to have a valid score of CMAT, CAT and MAT.

Placements at International School of Business and Media

The highest package offered at the International School of Business and Media is 16 lakhs per annum and the average package offered goes up to 7.4 lakhs. Students are often placed with top MNCs like ICICI Prudential, Kotak Mahindra Bank and Bridgestone.

Differential Factor

ISBM is amongst the top 2% of B-schools in India when it comes to career building and education. It has a record of 100% placements for its students. The esteemed faculty of ISBM makes it an excellent option for pursuing a degree in MBA. It has a vibrant campus culture for the students that include all modern amenities. After the successful completion of the course from the university, the students can get placed in the top-notch MNCs.

Contact Details

• Address: S. No. 44/1, 44 1/ 2, Nande Village, Pashan Sus Road, Taluka Mulshi, Pune ( Maharashtra)
• Website: http://www.isbm.ac.in/ 

Rank 5 | Top 10 MBA colleges in Pune

International Institute of Management Studies

The college was established in the year 2005 under the Sai Balaji Educational Society. It is approved by AICTE and is an ISO certified college. The vision of IIMS Pune is to develop the students so that they become professionally competent. The college focuses on delivering management training to the students to help them carve a successful career for themselves.

Course Details

The PGDM course at IIMS Pune prepares the students for successful careers in management. The application-based curriculum provides practical knowledge to students that help in creating thought leaders as well as entrepreneurs. It is a two-year program that comes with dual specialisation. Students with a valid score of CAT/MAT/XAT/ATMA and CMAT are eligible for the course. They should also have a degree from a recognised college and work experience of at least one year.

Placements at IIMS Pune

The highest package offered to students goes up to Rs. 6.8 lakhs and the average package is of 4.1 lakhs per annum. The frequently visiting companies are Cognizant, Infosys, ITC, BAJAJ Capital and the like.

Differential Factor

IIMS Pune has got the award of the best education brands by The Economic Times in the year 2018. It has been ranked among the top MBA Colleges in India several times. The college also has well-furnished classrooms that have audio-visual aids and LCD projectors. The computer centre has the latest technologies as well as tools. Moreover, students can also benefit from the well-stocked library that the college has. There are three seater rooms available for both girls and boys in the hostel.

Contact Details

• Address: Hinjewadi IT Park, Survey No. 54, Nere Dattawadi, Pune, Maharashtra 411033
• Phone: 096659 66035
• Website: http://www.iimspune.edu.in/

Rank 6 | Top 10 MBA colleges in Pune

Pune Institute of Business Management

PIBM was established in the year 2007 and focuses on the high academic standards. It trains students to shine in the corporate world. The campus of PIBM is strategically located in the outskirts of Pune. PIBM offers an MBA program which is in affiliation with Savitribai Phule Pune University. Students are trained in decision making, leadership skills and analytical thinking to build great careers in the field of business management. The course is redesigned every six months to ensure that the curriculum is up to the mark. Thus far, PIBM has produced over 3500+ successful MBA graduates who are placed in the top companies.

Course Details

The MBA course offered at PIBM is aligned with the needs of industry and is experiential. The course not only focuses on making the individuals competent but also helps them improve communication, IT skills as well as presentation. The course is also complemented by certifications which help the students in becoming industry ready. The exams accepted are CMAT, MAT, CAT and ATMA. Duration of the course is of 2 years.

Placements at PIBM

Graduates of PIBM are campus placed in top companies such as Indiabulls, JP Morgan, American Express and Alchemist India.

Differential Factor

The students are provided with a six sigma certification and Microsoft project certification during their course. They are taught with the training tools such as SPSS, R, Ace Analyser and Bloomberg Terminal. Students are also provided with basic and advanced business communication training. They can benefit from the live business projects as well as summer internships. The course is designed so that students can develop their personality. They have to give 50 presentations each semester which helps them hone their presentation skills. Moreover, they are also prepared well for the placements. Apart from this, there are a lot of modern amenities in the campus such as Gym, sports, yoga and hobby development.

Contact Details

• Address: Gut No. 605/1 Lavasa Road, Tal – Mulshi, Paud Road, Pirangut, Pune – 412115, Maharashtra
• Phone: +91-20-66036700/5/9
• Website: http://www.pibm.in/index.aspx

Rank 7 | List of MBA colleges in Pune

National Insurance Academy

National Insurance Academy is a premier college in Pune that is dedicated to giving talented professionals to the insurance industry. It was established in the year 1980. The postgraduate diploma in management is designed to meet the high demand of individuals in the risk management and insurance area. The program is such that it offers dual expertise in management as well as insurance.

Course Details

NIA provides quality education to its students with a degree that imparts dual expertise in management and insurance. The students are made acquainted with the Indian insurance industry. The core domain and the managerial skills go hand in hand. The course is continuously revised according to the expectation and need of the industry. Each student needs to complete six trimesters of academic work along with 8 to 10 weeks of summer internship program to qualify for the diploma. To be eligible for the course, one has to have a valid score of CAT or CMAT along with relevant work experience.

Placements at NIA Pune

The highest package reported for students is ten lakhs per annum. The average package goes up to Rs. 7.3 lakhs per annum.

Differential Factor

NIA has a seasoned faculty that trains the students to become successful professionals. The college has a multifaceted culture. Regular visits from distinguished faculty help the students in staying updated with the industry requirements. The teaching methods at NIA include problem-solving, decision making and diagnostic testing. Moreover, NIA gives nine scholarships of 1 Lac each to the meritorious students, eligible students as well as girl students. After completion of their course, students can come up with creative on the job solutions for the corporate due to their excellent training at the college.

Contact Details

• Address: National Insurance Academy, 25, Balewadi, Baner Road, NIA P.O., Pune 411 045 India
• Website: http://www.niapune.org.in/

Rank 8 | List of MBA colleges in Pune

Symbiosis Institute of Media and Communication

SIMC is a premier college that nurtures talent in the area of developing future leaders for managing creative businesses. It is a perfect place for those who wish to make a career in media and communication management. Symbiosis international is a deemed university that was founded in 1971. Thus far it has grown to become a multidisciplinary university and has conducted 107 courses. The various campuses of SIU host students from a variety of countries.

Course Details

The MBA offered by SIMC covers all aspects of the media industry. The students can get a complete idea of the industry requirements and various nuances related to it. Students who have 50% marks from a recognised university can apply for the course. One has to apply for SNAP and then proceed to register for MBA (CM).

Placements at SIMC

The placement record of SIMC is, and students usually get placed with companies like VIACOM, Indian Express, Hindustan Times, Times Now and the like. The highest salary is 13 LPA whereas the average salary goes up to 5.6 LPA.

Differential Factor

SIMC is approved by AICTE and has been graded ‘A’ by NAAC. The faculty comprises seasoned industry professionals as well as academicians that facilitate practical knowledge as well as theory. Various extracurricular activities are conducted throughout the year. The infrastructure of the campus has a computer lab as well as studio and festivals such as SIMCinema and SIMCarnival are the major events. Moreover, students are provided with several scholarships to support their career.

Contact Details

• Address: Symbiosis Knowledge Village, Lavale, Mulshi, Pune, Maharashtra 412115
• Phone: 020 3911 6100
• Website: https://www.simc.edu/

Rank 9| Top 10 MBA colleges in Pune

FLAME University School of Business

FLAME University was established in the year 2007 and is located in Pune. The university was created with a motive to provide a conducive environment for students by going beyond traditional education. This university is approved by UGC and AICTE. Moreover, it is one of the best MBA colleges in Pune. The university provides a range of different programs across different disciplines.

Course Details

The two year MBA program is offered in various specialisations. To be eligible for the course, students need to have a minimum of 50% marks aggregate. A valid score of the following entrance exams is accepted – CAT/MAT/ XAT/ GMAT/ MH-CET.

Placements at FLAME University

The university has a dedicated placement cell that prepares students by conducting workshops and mock interviews. The participating companies include ITC Limited, Axis Capital, Aditya Birla Capital and the like. The highest salary offered was 13 LPA, and the average was 6.6 LPA.

Differential Factor

The faculty at FLAMES University is from prestigious institutions such as Princeton, Harvard University, IITs and IIMs. The faculty to student ratio is 1:9. Students can participate in the study abroad opportunities and international immersion programs. They also get a chance to interact with the industry experts. Coming to the campus life, the campus is built over an area of 60 acres with complete facilities such as hostel, canteen, gym, recording studio, and library etc. Recruiters from over 70+ companies visit the University for Placements. Moreover, several scholarships are offered to the students that intend to recognise the distinctive attributes and excellence of students.

Contact Details

• Address: Gat No. 1270, Lavale, Off. Pune Bangalore Highway, Pune, Maharashtra 412115
• Website: https://www.flame.edu.in/

Rank 10 | Top 10 MBA colleges in Pune

Indira School of Business Studies

Indira School of Business Studies was established under the Shree Chanakya Education Society. The college was found with a motto of meeting the demands of the business sector. It is approved by AICTE. The college boasts of study tours abroad, and the technology keeps students at par with the trends in the business field. ISBS believes that the global scenario requires professionals to have sufficient knowledge as well as the confidence to face a competitive and tough real-world scenario.

Course Details

The MBA program has a duration of 2 years and equips the students with the competence to face the rigorous corporate world. The course imparts contemporary domain knowledge that is required to become a dynamic business manager. Students need to have a minimum of 50% in their undergraduate degree from a recognised university to apply for the enterance test.

Placements at ISBS

The highest package offered to students went up to 14 LPA. The companies that visit for campus placements are Deloitte, Hyatt, Honeywell and the like.

Differential Factor

ISBS is one of the top MBA colleges in Pune. It boasts of its excellent curriculum, infrastructure, corporate internship program and digital interface for learning. The courses at ISBS are designed for a fulfilling career in the corporate. It has also got the award of Outstanding B-school in the west as well as Best Emerging Business School. The awards are a testimony to the all-round education provided to the students. Moreover, ISBS has a sprawling campus that has fantastic facilities for a contemporary student lifestyle. The various technical events, as well as extracurricular activities, help students in developing a sound personality ready for the corporate world.

Contact Details

• Address: Abhinavan’, S. No. 89/2A, Mumbai Pune Bypass Road, Tathawade, Pune, Maharashtra 411033
• Phone: 020 6675 9421
• Website: http://indiraisbs.ac.in/

MBA in a Nutshell

Master of Business Administration or MBA is one of the most well known post-graduate programs in India and abroad. The two-year program is a door to a plenty of job openings in the corporate world.

What is MBA?

Master of Business Administration (MBA) is one of the most popular post-graduation options. Especially, for aspirants who are interested in business. In the competitive market of today, getting an MBA from a good college is a gateway to a plethora of career opportunities. It is ideal for fresh graduates as well as candidates with work experience. An MBA degree helps in developing excellent managerial skills demanded by the corporate. Students are also exposed to a vast business network wherein they can learn from experts and peers.

Why MBA course?

An MBA degree not only makes the student competent but also helps in getting a better salary. With the knowledge gained during the degree, students can even learn to start their own company from scratch. They can obtain all the valuable insights about business aspects. Moreover, an MBA from Top MBA colleges in Bangalore increases your credibility and enables you to pursue various career fields and create a good profile for yourself.

Specialisations in MBA

There are a lot of specialisations in MBA, around 40 and you can choose one based on your interests as well as skill set. Below are the most popular types of MBA specialisations.

• Marketing: Businesses are getting very competitive these days, and corporate is continuously looking for fresh talent with impeccable marketing skills. Marketing is also one of the most lucrative fields.
• Finance:  A lot of MBA graduates opt for Finance as a specialisation. This owes to the good pay package offered in the Finance field. One could make a successful career in investment banking, derivatives and credit risk management etc.
• Human Resource: An MBA in HR will give students an insight into managing employees and to retain the workforce in an organisation. HR professionals often liaison between the employee and the management.
• International business: A specialisation in International Business gives students valuable insights about the various aspects of international business and its nuances. It makes the students ready for the global market and the broad scenario wherein they will be putting their valuable skills to use.
• Information Technology:  An MBA in Information Technology is a perfect blend of technology and management. In today’s era of technology, an MBA in IT can help in managing how the data flows within an organisation, among the companies as well as on a larger global scale.

Thus, students can choose their specialisation carefully as it shapes their career significantly. It is always a good idea to go for something that you are interested in.

Careers after MBA

A lot of students are opting for the valuable course of MBA due to its demand in the market. You can take up a lot of career options after successful completion of an MBA from Top MBA Colleges. You can become a management consultant who advises the companies with their problems and hurdles that might be holding them back. This career path is very flexible and yet pays really well. Another popular career option is to become a marketing manager. These professionals are responsible for devising a sound marketing plan to help the organisation grow. The salary in this field is very good.

Investment banking is also becoming very famous. Investment bankers provide advice to companies during the financial transitions. Bankers ensure that all the paperwork is in order and that their clients follow the government regulations. Other options for students after completion of their MBA are to become an Operations Manager, Financial Advisor and the like. Moreover, you can also start a business of your own. Entrepreneurship is indeed very fulfilling and rewarding. It gives you the freedom to be your own boss.

Types of MBA courses and Key Differences Between Them

There are different types of MBA. A full-time MBA lasts for two years. Students have to dedicate all their time for this type of course, and there is very less time left then for personal commitments. A lot of full-time MBA programs have an internship program in it as a part of the course. Those holding a work experience of 1 or 2 years can take up this course.

Executive MBA is for working professionals as they cannot take a long amount of time away from their work. This course is delivered on a part-time basis and can be covered within a span of 12 months to 24 months. Business schools offering EMBA program need the students to have a minimum of 4 to 5 years of work experience. It is a very popular option among women as it is very flexible.

A part-time MBA is a full-time program that is completed during the span of 3 to 4 years. Unlike a full-time MBA, classes are generally held during the weekends.

Scope of MBA

With the growing demand in MBA, students can bag excellent opportunities in the public as well as private sectors. Listing below the highest and average salary comparison for MBA Colleges in Pune for 2019-2020:

Some of the job profiles offered after completing MBA are:

• Finance Manager
• Marketing Manager
• Sales Manager
• Human Resources Manager
• Operations Manager
• Product Manager
• Data Analytics Manager
• Digital Marketing Manager
• Advertising Sales Manager
• NGO Manager

Top Recruiters for MBA graduates

MBA graduates from any domain are in high demand. Below is the list of few top companies in Pune that recruit MBA graduates alongwith their placement ratings:

MBA Specialisations offered in Pune

MBA colleges in Pune offer diversified specialisations in Sales and Marketing, Finance, Human Resources, Operations, IT and Systems, International Business, Supply Chain, Agriculture and Food Business, Business Analytics, Healthcare and Hospital, Rural Management, etc. The most popular ones are Sales and Marketing and Finance followed by Human Resources. 

Increasing Demand for MBAs

Going to a B school can give your career a boost. It opens up a lot of career options as the demand for talented MBA graduates is also increasing. Recently, a lot of consulting firms such as Deloitte and Accenture are demanding managers with an MBA degree. Even reputed banks such as Bank of America hire MBA graduates each passing year to be a part of their workforce.

According to a recent survey, employers believe that MBA graduates add a lot of value to their organisations. They bring with them analytical and critical thinking skills which make them well suited to be a part of the corporate. Moreover, the Asia-Pacific region has witnessed an increase in the demand for MBAs.  Based on stats, over 84% employers plan to hire fresh MBA graduates.

MBA Options in India Vs Abroad

There are a lot of MBA Colleges both in India and abroad from where you can get an MBA degree. However, these two significantly differ in terms of pre-requisites, job prospects, cost of education and the like. You can look into these factors and based on them can select whether you wish to pursue your MBA from India or abroad.

For instance, the most popular entrance exam for MBA in India is CAT, and there are also other exams such as XAT, IIFT, NMAT and SNAP. Whereas in foreign countries, one has to appear for GRE or GMAT to make it to the B schools. Along with it, the student should have an excellent academic record as well to apply to these colleges. If you are aiming for top colleges abroad, then a work experience of 2 to 3 years is also required.

Another very important factor to consider is the cost of MBA. Typically, in India, the cost of an MBA will range between 10 to 20 lakhs. On the other hand, an MBA degree from abroad starts off from 30 lakhs and goes up to 80 lakhs for top programs. In terms of jobs, it is relatively easy in India due to the provision of campus placements whereas in foreign countries the competition is really tough.

Admission Criteria of MBA Colleges in Bangalore

Top 10 MBA Colleges in Pune: Entrance Exam Wise

Majority of admissions in the top MBA colleges in Pune are done through national level MBA entrance exams like CAT, XAT, MAT, SNAP, etc. However, some institutes consider the scores of only some local exams like MAH CET. For example, IMED Pune gives admissions only on the basis of the score secured in BVP BMAT.

Given below are the top MBA colleges in Pune categorized according to the entrance exam they accept.

Top 10 MBA Colleges in Pune Accepting MAT Score

MAT or Management Aptitude Test is conducted 4 times in a year for admission in MBA programs.

• More than 600 top MBA colleges in India accept MAT score.
• The exam is held in February, May, September and December.
• Combining all the 4 sessions, more than 3 lakh students apply for MAT every year.

The top MBA colleges in Pune accepting MAT score are:

• Savitribai Phule Pune University [PUMBA]
• Balaji Institute of Modern Management [BIMM]
• Flame University, Pune
• Arihant Institute of Business [AIBM]

Top 10 MBA Colleges in Pune Accepting CMAT Score

CMAT (Common Management Admission Test) is conducted by NTA in January every year for admissions in more than 1000 AICTE approved B-Schools in India. It is an online exam for a duration of 3 hours, having 100 questions divided into 4 sections. Some of the top MBA colleges in Pune accepting CMAT score are:

• Balaji Institute of Modern Management [BIMM], Pune
• AISSM Society Institute of Management [AISSMS IOM], Pune
• Indira Institute of Management [IIMP], Pune

Apart from this, BVP BMAT is accepted only by IMED Pune.

Also check,

Top 10 MBA Colleges in Pune: Placement Wise

Pune management colleges show good placements as many top colleges like those affiliated to Symbiosis International (Deemed University) are located here. 100s of recruiters visit the city every year to hire some of the most brilliant brains from these colleges. There are many top MBA colleges in Pune with 100% placement.

The below graph shows some of the colleges with the average CTC they offer.

Admission Process of MBA Colleges in Pune

There are a total of 204 MBA colleges in Pune imparting excellent management education to students. 12 of these colleges are public while 192 are top private MBA colleges in Pune.

Admissions are mainly done through top management entrance exams like CAT, MAT, XAT, NMAT, SNAP, etc. Some institutes also conduct their own entrance tests.

• After the entrance exam scores are considered, colleges also conduct their own Written Ability Test (WAT) and rounds of Group Discussions (GD) and Personal Interviews (PI).
• Certain colleges also conduct additional rounds like an extempore debate. Along with all these, top MBA colleges in Pune also consider a student’s overall academic performance including the marks in Class X and XII.

How affordable is studying MBA in Pune : Fee Structure of MBA colleges in Pune

Based on the below pie chart, it can be estimated that pursuing MBA in Pune is moderately priced as approximately 31% colleges is between Rs 1-2 lakh. Some of these colleges are:

• Department of Management Sciences, Pune University
• Jayawantrao Sawant Institute of Management and Research
• Zeal College of Engineering and Research
• RIIM – Arihant Group of Institutes
• ASM’s Institute of Professional Studies
• JSPM’s Rajarshi Shahu College of Engineering

The fees of around 27% colleges is more than Rs 5 lakh. Some of these colleges are:

• ASM’s Institute of Business Management and Research
• International School of Management & Research
• MIT College of Management, MIT Art Design and Technology University
• International Institute of Management Studies
• RIIM – Arihant Group of Institutes
• School of Management, MIT WPU
• Balaji Institute of International Business, Sri Balaji University

The fees of around 19% colleges ranges between Rs 3-5 lakh. Some of these colleges are:

• International School of Management Studies
• MIT College of Management, MIT Art Design and Technology University
• ASM’s Institute of Business Management and Research
• AIMS Institute of Management Studies
• MITCON Institute of Management
• Sai Balaji International Institute of Management Sciences

Approximately 17% MBA colleges have a moderately expensive fee structure that ranges between Rs 2-3 lakh. Some of these colleges are:

• Y. Patil Institute of Master of Computer Applications and Management
• D.Y. Patil Institute of Master of Business Administration
• MIT College of Management, MIT Art Design and Technology University
• Jayawant Institute of Management Studies
• Pravara Centre for Management Research and Development
• JSPM’s Jayawantrao Sawant College of Engineering

Only around 6% MBA colleges in Mumbai are expensive with a fee structure of less than Rs 1 lakh. These colleges are:

• Shri Shivaji Maratha Society’s Institute of Management & Research
• National Institute of Event Management
• Vaikunth Mehta National Institute of Cooperative Management
• Dhole Patil College of Engineering
• Bharati Vidyapeeth Deemed University
• Sai Sinhgad Business School

Different Aspects to choose MBA Colleges in Pune

Top 10 MBA Colleges in Pune: Ranking 2020

Every year, tens of ranking agencies release the lists of top colleges in India for different streams including management, education, law, engineering, architecture, pharmacy, etc. These rankings are divided into various other categories like state-wise, city-wise, university type, etc. NIRF, Business Today, and The Economic Times are some of these popular agencies releasing various ranking lists like Top MBA Colleges in India, Top Engineering Colleges in Karnataka, etc.

These rankings are based on multiple parameters like Faculty Quality, Placements, Exam Pattern, Learning Outcome, etc. Mentioned below are some of the top MBA colleges in Pune rank wise with their fee structure. We have also mentioned the rankings of management colleges, as released in the latest NIRF Ranking 2020.

Top 10 MBA Colleges in Pune: NIRF Ranking 2020

The National Institutional Ranking Framework or simply NIRF is a government ranking agency run by the Ministry of HRD, Government of India. The agency releases multiple ranking lists every year for 10 different categories, namely, University, Engineering, College, Management, Pharmacy, Law, Architecture, Medical, and Dental, along with an Overall ranking list.

Listed below are the top MBA colleges in Pune by NIRF, as released in the 2020 ranking survey.

NIRF has included 4 colleges from Pune in its list this year.

• Only SIBM Pune and IMED Pune have been allotted definite ranks. The Pune Institute of Business Management [PIBM] and BIMHRD Pune have been mentioned in the rank band of 76-100 along with 23 other colleges.
• SIBM has secured the 22nd rank this year while the institute ranked at 20th position last year.
• IMED Pune has also seen a drop of 8 ranks in NIRF Ranking 2020.

Top 10 MBA Colleges in Pune with best ROI (Return on Investment) in 2020

ROI is the key factor to determine how profitable is the MBA course of a particular college. ROI or Return on Investment is calculated as a percentage of the return (package) you get on your investment (fees). The following table lists some of the top MBA colleges in Pune with best ROI.

*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%

Among all the colleges, SCMHRD ranks No. 1 when it comes to the return on investment.

• Among all the Symbiosis colleges mentioned, SITM ranks the lowest ROI wise.
• VAMNICOM Pune, one of the top public MBA colleges in Pune, offers the best ROI in the city with the average annual package being around more than twice the fee for 1-year.
• Other top MBA colleges in Pune according to ROI are Balaji Institute of Modern Management [BIMM] and Pune Institute of Business Management [PIBM].

Conclusion

Thus, you can choose from the top 10 MBA colleges in Pune as mentioned above. These c