Pune has numerous reputed MBA colleges which offer a wide range of management programs. It is called the “Oxford of the East” because it comprises a wide range of institutions offering MBA programs with different specializations. Students from across the country come to Pune to pursue programs that are especially related to management studies. Pune’s colleges offer traditional learning along with experiential projects which contributes to a well-structured learning habitat. Moreover, with its growing IT and other sectors, it exposes students to the corporate world through various internships and live projects. Its pleasant weather and cheap cost of living make it a favorable place to pursue an MBA program.

Here is a list of some of the top MBA colleges in Pune:

1. Suryadatta Institute of Business Management, Pune

The All India Council for Technical Education (AICTE) approves the institution.  Among the various programs offered, the MBA in Marketing and Finance is the most popular course, attracting a significant number of students. They offer an MBA program with a tuition fee of approximately ₹2.5 lakhs per year, totaling around ₹5 lakhs for the full program. To gain admission into these programs, prospective students must qualify for entrance examinations such as CAT, MAH CET, and CMAT.  The recent placement data shows an average annual package of around INR 4.5–6.5 lakhs and the highest package offered is 18 lakhs. The institute is connected with numerous reputed companies for placements, including ICICI Bank, Cognizant, Capgemini, Infosys, and HDFC Bank.

2. ASM’S Institute of Business Management And Research (IBMR), Pune

ASM’s Institute of Business Management and Research (IBMR) in Pune offers a two-year MBA program affiliated with Savitribai Phule Pune University. They specialize in fields such as marketing, finance, human resources, operations, and business analytics. The MBA program at ASM IBMR costs approximately INR 1.8 lakhs per year. Regarding placements, recent data suggests that the average annual salary package for MBA graduates is approximately INR 4–6.8 lakhs, with top packages reaching up to INR 16 lakhs. Major recruiting companies include Deloitte, Amazon, Wipro, etc.

3. Dr. D.Y Patil B-School

The institution is approved by AIU, AICTE, and NBA, ensuring that it meets high educational standards. The MBA program at Dr. DY Patil B-School, Pune, offers a PGDM program with multiple specializations, including Marketing and finance. To gain admission into this institution, candidates must qualify for one of the entrance exams, specifically CAT, XAT, CMAT, or MAT. The total fee for the two-year PGDM program is approximately INR 16.92 lakh.  In terms of placements, recent data suggests that the average annual salary package for MBA graduates is approximately INR 7.46 lakhs, with top packages reaching up to INR 18 lakhs. Major recruiting companies include Deloitte, ICICI Bank, Amazon, Wipro, etc.

4. IIEBM Indus Business School (IIEBM IBS)

The All India Council for Technical Education (AICTE) has approved a new Post Graduate Diploma in Management (PGDM) program that specializes in Business Analytics and Human Resource Management. The total fee for the two-year Post Graduate Diploma in Management (PGDM) program is ₹7.95 lakhs. This program is designed to equip students with essential skills in these crucial business areas. To gain admission into this esteemed institution, prospective students are required to qualify for the Common Admission Test (CAT). In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 7.50 lakhs, with top packages reaching up to INR 30 lakhs. Major recruiting companies include TCS, ICICI Bank, Amazon, Wipro, etc.

5. Pimpri Chinchawad University (PCU), Pune

Pimpri Chinchwad University (PCU) in Pune offers an MBA program with a variety of specializations which include Business Analytics, FinTech, Digital Marketing, Human Resource Management, Entrepreneurship, Venture Development, Agribusiness Management, and Pharma Management. The program is structured as a two-year full-time course with a fee ranging from approximately ₹5,00,000 to ₹6,50,000, depending on your specialization. Graduates from MBA programs have reported average salary packages of around 5-6 lakh per annum and the highest package offered is 61 lakh. Major recruiting companies include L&T, Infosys, Wipro, TCS, and  Amazon.

6. Kirioskar Institute of Advanced Management Studies (KIAMS), Pune

Kirloskar Institute of Advanced Management Studies (KIAMS), Pune, offers a Post Graduate Diploma in Management (PGDM), which is equivalent to an MBA. The total fee for the PGDM program is approximately ₹12.6 lakh for two years.  In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 7.50 lakhs, with top packages reaching up to INR 10.25 lakhs. Major recruiting companies include Deloitte, KPMG, Amazon, ICICI Securities,

7. International School of Management Studies (ISMS)

 AICTE and UGC have approved the MBA in Business & Innovation. To gain admission into this institution, students are required to qualify for one of the entrance examinations, namely CAT, XAT, CMAT, or MAT. Specializations they offer include Marketing, Finance, Human Resources, and Information Technology (IT). MBA fees range from approximately INR 4.4 lakhs. In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 6 lakhs, with top packages reaching up to INR 14 lakhs. Top recruiters include Infosys, Deloitte, HDFC Bank, and Capgemini.

8. Pune Business School (PBS) Pune

Pune Business School (PBS), Pune, offers a PGDM, focusing on a range of specializations. The primary specializations in the MBA program at PBS include Marketing, Finance, Human Resource Management, Operations, IT, and International Business. In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 6.8 lakhs, with top packages reaching up to INR 27 lakhs. Mba fees range approximately from 2,75,000 per year. Top recruiting companies include TCS, Wipro, and HDFC.

9. Akemi Business School, Pune

Akemi Business School in Pune offers a two-year, full-time MBA program affiliated with Savitribai Phule Pune University and approved by AICTE. Major specializations offered are Marketing Management, Financial Management, Human Resource Management, Operations & Supply Chain Management. Mba fees range from approximately 2.34 lakhs. In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 6.8 lakhs, with top packages reaching up to INR 18 lakhs. Top recruiters include Amu, Axis Bank, etc.

10. Lexicon MILE- Management Institute of Leadership and Excellence (MILE), Pune

Lexicon MILE (Management Institute of Leadership and Excellence) in Pune offers an MBA/PGDM program. This program comprises 2 years with the first year dedicated to classroom learning while the second year includes a mandatory nine-month internship. The MBA program at Lexicon Management Institute of Leadership and Excellence (MILE) in Pune has a tuition fee of around INR 5 lakh per annum. Lexicon MILE’s MBA/PGDM offers specializations in core areas such as Marketing, Finance, Human Resource Management, Business Analytics, and Operations. In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 8.27 lakhs, with top packages reaching up to INR 18 lakhs.  Top recruiters include well-known companies like Mahindra Finance, IDFC First Bank, Lodha, Deloitte, and Accenture.

11. MITCON (MIMA), Pune

MITCON Institute of Management (MIMA), also known as MITCON MIMA, offers a two-year full-time PGDM program. They offer specializations in pharmaceutical and agri-business management. The total program fee for Business Administration is approximately INR 7.65 lakhs, while for Pharmaceutical and Agri-Business Management, it’s around INR 6.70 lakhs.  In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 7.50 lakhs, with top packages reaching up to INR 18 lakhs. Top recruiters include JP Morgan, Nestle, and Infosys.

12. Ramachandran International Institute of Management (RIIM), Pune

Ramachandran International Institute of Management (RIIM), Pune offers an MBA program affiliated with Savitribai Phule Pune University. The MBA course includes specializations in Finance, Human Resources, and Marketing. The total course fee for the MBA program is approximately INR 5,40,000.  In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 5.95 lakhs, with top packages reaching up to INR 13 lakhs. Top recruiters include BYJU, HDFC Bank, and Paytm.

13. Symbiosis Institute of Business Management (SIBM)

The All India Council for Technical Education (AICTE) has approved the institution, which offers popular MBA programs in Data Analytics, Finance, Marketing, and Human Resource Management. To gain admission into this institution, students must qualify for the Symbiosis National Aptitude Test (SNAP). The MBA program at SIBM Pune has a fee structure of approximately ₹23.03 Lakhs for the two-year course​. In terms of placements, recent data suggests that the average annual salary package for graduates is approximately INR 26.77 lakhs and the highest package offered was 49 LPA. Top recruiters include Accenture, Amazon, and Flipkart.

14. Symbiosis Centre for Management and Human Resource Development (SCMHRD)

The institution is accredited by both UGC and AACSB, ensuring a high standard of education. Among the various programs offered, the MBA and the MBA in Infrastructure Management are the most popular courses. To gain admission into this institution, candidates must successfully qualify for the SNAP test. The total fee for the 2-year MBA course is approximately ₹21.22 lakhs and The highest placement package for the 2024 batch reached INR 41.90 LPA, with the average package standing at INR 24.28 LPA. Top recruiters include Google, Capgemini, and HSBC.

15. Symbiosis Institute of International Business (SIIB)

The MBA in International Business is the most popular course among students seeking degrees in the field of business and management. To gain admission to this institution, candidates are required to qualify for the SNAP test. The total fee for the MBA program at SIIB is approximately INR 21.73 lakhs. The average package for this program was around INR 13.12 LPA and the highest package was 25 lakhs. Top companies include ICIC Bank, HDFC, and Amazon.

16.  Symbiosis Institute of Digital and Telecom Management (SIDTM)

The MBA in Digital and Telecom Management has received approval from the All India Council for Technical Education (AICTE). To gain admission into this program, students are required to qualify for the SNAP test. This course is designed to equip students with the necessary skills and knowledge to excel in the rapidly evolving digital and telecommunications sectors. The total fee for the MBA program at SIDTM is approximately INR 12.6 lakhs for the entire course​. In 2024, the highest salary offered was INR 29.04 LPA and the average package ranges from 8-12 lakhs.

17. Balaji Institute of Modern Management (BIMM)

The All India Council for Technical Education (AICTE) has approved the institution, which offers programs such as the MBA and MBA in Marketing. To gain admission into these popular courses, students must qualify for the Common Admission Test (CAT) and the average package offered was around 7.5 lakhs. The Highest package offered is 20 lakhs. Top recruiters are Deloitte, EY, and PPwC.

18. Balaji Institute of International Business (BIIB)

The All India Council for Technical Education (AICTE) has approved the institution, which offers popular courses such as the Master of Business Administration (MBA) and the MBA in Marketing. To gain admission into these programs, students must qualify for the Common Admission Test (CAT). The total cost of the MBA program at BIIB is approximately INR 8.75 lakh for the two-year duration. The average placement package for MBA graduates from BIIB stands at around INR 7.8 lakh per annum and the highest package is 22 lakh. Top recruiters Deloitte, P&G, Blue Dart.

19. Balaji Institute of Management and Human Resource Development (BIMHRD)

The institution has received approval from the All India Council for Technical Education (AICTE). Among the various programs offered, the Master of Business Administration (MBA) and the specialized MBA in Human Resources are the most popular courses. To gain admission into this institution, prospective students are required to qualify for the Common Management Admission Test (CMAT). The total fee for the MBA program is approximately INR 11.90 lakh​ . The average package for MBA graduates is around INR 8.25 LPA and the highest package ranges from 18 lakhs. Top recruiters are Wipro, Accenture, Coca-Cola, etc.

20. FLAME University – School of Business

AICTE and UGC approve the institution. MBA and MBA in Entrepreneurship programs are the most popular courses, attracting a significant number of students every year. To gain admission into these programs, prospective students must qualify for entrance examinations such as CAT, XAT, and MAT. Fee structure, the total cost for the MBA program is approximately INR 17.3 lakhs for the two years.  FLAME University reports an average package of around INR 6.64 lakhs per annum. The highest package includes 22 lakhs. Top recruiters include Deloitte, ITC, Dabur, Wipro, etc.

Conclusion:

Choosing the right MBA college in Pune can significantly impact your career growth and future opportunities. The list of Top 20 MBA colleges in Pune mentioned above provides details about fees, placements, infrastructure, and ROI, helping you make an informed decision.

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