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Best MBA Colleges In Pune

we embark on a journey to explore the allure of pursuing an MBA in Pune, renowned as the esteemed ‘Oxford of the East.’ Boasting a robust academic landscape of national acclaim, Pune stands tall as a coveted destination for aspiring MBA students. A thriving metropolis, Pune houses the seventh largest metropolitan economy and enjoys the sixth highest per capita income in the nation. Its abundance of students, coupled with a vast array of academic and research institutions, offers MBA aspirants an abundance of opportunities. Specializations in retail, health, financial services, banking, consulting, manufacturing, ITES, and related domains have bestowed Pune with its well-deserved reputation as an academic stronghold. Read more career blogs at college49

MBA colleges in Pune, 2023, embrace aspirants from all walks of life, initiating the registration process for the accepted exams.

An enriching experience awaits those who choose to pursue an MBA in Pune, promising top-tier education and stellar placements. In comparison to other cities, Pune offers an exceptional learning environment, complemented by outstanding career prospects. The city boasts an impressive array of over 100 MBA colleges, each dedicated to imparting quality education and nurturing management talent.

In this comprehensive piece presented by, we delve into the reasons that render an MBA in Pune a compelling choice. For those seeking the finest MBA options in Pune, behold the carefully curated list of MBA colleges ranked according to excellence. To unlock invaluable insights into the admission process, eligibility criteria, fees, and placement records of these esteemed institutions, simply click on the respective MBA college below. This portal shall lead you to an institute-specific MBA Admission 2023 Microsite, replete with all the vital information you seek.

1. Symbiosis Institute of Business Management (SIBM)

Symbiosis Institute of Business Management (SIBM) Pune is a prominent constituent MBA college of Symbiosis International (deemed) University, founded in 1978. Over the years, it has gained a reputation as one of the top MBA colleges in India. The National Institutional Ranking Framework (NIRF) has consistently ranked SIBM Pune as the 20th best MBA college in India.

SIBM Pune holds an “A” grade accreditation from the National Assessment and Accreditation Council (NAAC), indicating its commitment to maintaining high educational standards. The college has also been recognized on the global stage, securing a position in the 291–300 band among Asian universities and ranking among the top 109 institutions in BRICS, as per the QS World University rankings survey conducted in 2020.

The college offers two main courses: a 2-year flagship MBA program and an Executive MBA (EMBA) course. Admissions to SIBM Pune are based on the Symbiosis National Aptitude (SNAP) test scores, followed by a selection process involving Group Exercise, Personal Interview, and a Written Ability Test (GE-PIWAT).

Symbiosis Institute of Business Management (SIBM Pune) – Highlights:

  • Establishment Year: 1978
  • Type: Private Institute
  • Courses Offered:
    1. MBA (Master of Business Administration)
    2. EMBA (Executive MBA)
    3. PGDBM (Part-time Post Graduate Diploma in Business Management)
  • Affiliating University: Symbiosis International University
  • Admission Criteria: The admission process includes an entrance exam followed by Group Discussion (GD) and Personal Interview (PI).
  • Entrance Exam Accepted: SNAP Exam (Symbiosis National Aptitude Test)
  • Accreditation: NAAC – A grade accreditation, indicating high educational standards.
  • Rankings:
    • NIRF (National Institutional Ranking Framework): Ranked 22 among top MBA colleges in India.
  • Highest Package Offered: 34.26 LPA (Lakhs per Annum), showcasing the potential for lucrative placements.
  • Official Website: For more information, visit the official website at

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

MBA Admission 2023 at Symbiosis Center for Management and Human Resource Development (SCMHRD), Pune, a key constituent college of Symbiosis International (Deemed) University, has commenced with the opening of SNAP 2022 exam registration on August 4. SCMHRD is renowned for its Human Resource Management (HR) program, offering a high Return on Investment (RoI) for students. In Placement 2022, SCMHRD achieved the highest domestic salary of Rs. 35.50 LPA and the highest international salary of Rs. 61.50 LPA in the HR domain.

For MBA admission 2023, SCMHRD Pune will consider the SNAP 2022 exam score. The last date to apply for the SNAP exam was November 24, 2022, and for SCMHRD, the last date to apply is December 9, 2022.

Candidates were required to apply for the SNAP 2022 exam with an application fee of Rs. 1950/- and, additionally, apply for admission to SCMHRD Pune through the SNAP exam application form, paying an extra application fee of Rs. 1000/- per MBA program. The SNAP exam will be conducted on December 10, 18, and 23, 2022, as a computer-based test with a duration of one hour.

SCMHRD Pune (Symbiosis Centre for Management and Human Resource Development) – Key Highlights and Unique Selling Points (USPs):

  1. AACSB Accredited: SCMHRD Pune holds the prestigious AACSB Accreditation, making it the first B-School in Pune and one of the few in India and worldwide to receive this international recognition for its high-quality education.
  2. High Rankings: SCMHRD Pune has achieved impressive rankings in reputable surveys:
    • B-school ranking 2022: Ranked #23
    • Business Today Ranking 2021: Ranked #19 overall in India
  3. Practical Learning and Intense Curriculum: The institute emphasizes experiential and practical learning, providing students with real-world exposure and a rigorous academic curriculum.
  4. Wide Range of Specializations: SCMHRD offers a diverse array of specializations, including HR, Marketing, Finance, Operations, Infrastructure Development and Management, and Business Analytics, catering to various career paths.
  5. Fee Structure: The total fee for the 2-year MBA program at SCMHRD is Rs. 22,57,600/-, inclusive of hostel charges.
  6. Outstanding Placements: SCMHRD has a track record of 100% placement, with students securing high salary packages. In Placement 2022, the highest domestic salary offered was Rs. 35.50 LPA, and the highest international salary offered was Rs. 61.50 LPA. The average salary increased to Rs. 20.40 LPA in 2022.
  7. Top Recruiters: The institute attracts top-notch recruiters from various industries, including Accenture, Adani, Aditya Birla Group, Asian Paints, Bajaj Auto, Cisco, Dabur, Godrej, Reliance, Tata, Whirlpool, AB InBev, Goldman Sachs, GSK Pharmaceuticals, ITC, P&G, Pidilite, Vodafone Idea, Wipro, among many others.
  8. International Student Exchange: SCMHRD offers opportunities for international exposure through summer programs, winter programs, semester exchange programs, and workshops with faculty from reputed international B-schools. The institute was chosen by Asia Foundation to host 27 students from Afghanistan.
  9. International Faculty: SCMHRD brings in faculty members from renowned international institutions like the University of Michigan, Leeds Beckett University, Telecom-De-Ecole, Nottingham Trent University, Deakin University, and more. These faculty members contribute to global outlook by conducting sessions on campus and participating in research collaborations.

3. Sri Balaji University Pune (SBUP)

SBUP is a leading university with diverse MBA colleges programs and renowned management institutes. Founded on the principles of Discipline, Determination, and Dedication, SBUP considers its students as student managers, and its directors function as CEOs. With a vast alumni network of over 15,000 professionals worldwide, SBUP has been offering quality management education since 1999. The university comprises four esteemed management institutes, namely Balaji Institute of Modern Management (BIMM), Balaji Institute of Management and Human Resource Development (BIMHRD), Balaji Institute of Telecom and Management (BITM), and Balaji Institute of International Business (BIIB).

MBA Admission Criteria: SBUP will accept CAT, MAT, XAT, CMAT, and MH-CET exam scores for MBA college admission 2023. Additionally, candidates can opt for SBUP’s own entrance test called SBEST if they miss the other exams. This provides applicants with multiple avenues to secure admission to their desired MBA program.

Key USPs:

  • Strong Alumni Network: SBUP boasts an extensive alumni network of more than 15,000 professionals, contributing to a robust industry interface and placement opportunities.
  • Diverse MBA Programs: The university offers a wide range of MBA programs through its four constituent institutes, catering to various specializations and industry requirements.
  • Individual Focus: SBUP treats its students as student managers, emphasizing individual growth, discipline, and dedication to groom them for successful corporate careers.
  • Esteemed Faculty: SBUP’s management institutes are led by experienced and accomplished faculty members, providing students with a quality learning experience.
  • Lower MBA Fees: SBUP’s MBA fees are comparatively lower than many other reputable MBA colleges, making it an attractive option for students seeking quality education at affordable costs.

Programs Offered by Constituent MBA Colleges:

  1. Balaji Institute of Modern Management (BIMM): Offers specialized MBA programs in Marketing, Finance, Operations, Systems, and PM & HRD.
  2. Balaji Institute of Management and Human Resource Development (BIMHRD): Offers MBA programs with specializations in HR, PM & IR, Marketing, Finance, Operations, and Systems.
  3. Balaji Institute of Telecom and Management (BITM): Offers MBA in Telecom Management and Marketing & Finance.
  4. Balaji Institute of International Business (BIIB): Offers MBA in International Business.

4. Sri Balaji University Pune (SBUP) – Key Highlights & Unique Selling Points (USPs):

  1. Grooming Students for Corporate Career: SBUP treats students as managers and prepares them for successful corporate careers. The university and its constituent management institutes operate as corporate entities, with directors functioning as CEOs. SBUP offers career-specific contemporary education, emphasizing practical training and overall student development.
  2. Well Ranked: SBUP has received recognition and accolades in various rankings:
    • Ranked 4th in India for ‘B-School Infrastructure’ by ‘The Mint’
    • Among the top 3 institutes for visiting faculties in India according to ‘Business India Magazine’ (2010)
    • BIMHRD, a constituent Management college of SBUP, ranked among the top 100 B-Schools in India in Govt of India, MHRD NIRF Rankings 2020
    • BIIB Pune, another constituent B-school of SBUP, ranked #45 in B-School Ranking 2023
  3. Four Constituent MBA Colleges: SBUP houses four management institutes offering MBA programs in different industry-relevant streams:
    • Balaji Institute of Modern Management (BIMM)
    • Balaji Institute of Management and Human Resource Development (BIMHRD)
    • Balaji Institute of Telecom and Management (BITM)
    • Balaji Institute of International Business (BIIB)
  4. Moderate Fees: The MBA fees at SBUP is Rs. 10.70 lakhs for two years, making it relatively affordable compared to other top B-schools.
  5. Strong Placements 2022: SBUP boasts a consistent and commendable placement record. The MBA Placements 2022 recorded an average salary of Rs. 8.25 LPA and the highest salary of Rs. 19.27 LPA. Over 360 companies from diverse industries participated in the placements, and top recruiters include Deloitte, Accenture, Infosys, Colgate, HUL, Amazon, Big Basket, Dabur, Godrej, TCS, Loreal, Haldiram, Khimji Ramdas, Netcracker, Vedanta, among others.
  6. Microsoft Campus Agreement & Online Training: SBUP offers quality practical training with an MoU with SAP India Pvt. Ltd for 200 hours of online training on 5 SAP modules. The university also has a Microsoft Campus Agreement.
  7. Industry Interface: SBUP emphasizes industry interaction, with over 200 industry professionals from various domains visiting the campus for guest lectures and business conventions.
  8. Wi-fi Enabled Large Campus: SBUP provides a Wi-fi enabled campus with high-speed internet access and a dedicated server room with more than 50 servers, ensuring uninterrupted network access. The campus spans 16.5 acres and includes a state-of-the-art hostel, cafeteria, gymnasium, coffee shop, and shopping center for both male and female candidates.
  9. Well-Stocked Library: SBUP houses a well-equipped library with an extensive collection of textbooks, reference books, periodicals, and journals. The library also offers access to digital eResources such as EBSCO, EIS, and Prowess (CMIE).
  10. Encouraging Gender Diversity: SBUP reserves 50% of its seats for female candidates, promoting gender diversity and inclusivity.
Best MBA Colleges In Pune
Best MBA Colleges In Pune 3

Symbiosis School of Banking and Finance (SSBF)

Symbiosis School of Banking and Finance (SSBF) has earned its place in the Top B-Schools category, ranking 80th according to Business Today (BT) 2023.

Established in 2010, Symbiosis School of Banking and Finance (SSBF) in Pune is a distinguished private institution. Affiliated with Symbiosis International University and approved by UGC and AICTE, the college holds an impressive ‘A’ grade accreditation from NAAC. It offers a diverse range of postgraduate and diploma courses in Management, spanning across multiple specializations. As we gear up for the academic term of 2023-25, SSBF Pune has already commenced its admission process. Prospective students seeking admission to SSBF can secure their seats based on the merit of their SNAP entrance exam scores. The registration for SNAP is currently ongoing, with the last date to register being November 24, 2022.

At SSBF, a dedicated Placement Cell diligently works round the clock to provide comprehensive placement assistance to its students. The college has garnered the interest of renowned recruiters, such as E&Y, Reliance Communication, Bajaj Allianz, Religare, HDFC Bank, IndusInd Bank, Capital First, ICICI Bank, HDFC Mutual Fund, Mahindra Financial Services, and many other prominent names, offering remarkable career opportunities to the students.

SSBF Highlights

  • Established: 2010
  • Institute Type: Private
  • Approved by: AICTE, UGC
  • Affiliated to: Symbiosis International University (SIU)
  • Accredited by: NAAC with ‘A’ Grade
  • Entrance Exam: National: SNAP
  • Courses Offered: MBA & Certificate
  • Application Mode | Fees: Online | INR 1,750 & INR 3,000
  • Top Recruiters: JP Morgan Chase, CRISIL, ICICI Bank, CARE Ratings, HDFC Bank
  • Official Website:
  • Admission Helpdesk: +91 20 28116284 | 61936284
  • Address: Gram-Lavale, Taluka-Mulshi, Pune 412115

5. National Institute of Construction Management and Research or NICMAR

NICMAR University stands as an innovative, futuristic, and modern institution with a rich tradition of delivering high-quality education in specialized areas like construction, real estate, infrastructure, project management, and business management. It came into existence after the Maharashtra State Government passed the NICMAR University, Pune Act, 2022 (Act No. XXXVI of 2022). The university’s vision is to become an inspiring and motivating destination for students, enabling them to realize their dreams and excel in diverse professional careers. With a strong commitment to addressing global and sectoral challenges, NICMAR produces highly skilled professionals who cater to the needs of the industry.

The National Institute of Construction Management and Research, fondly known as NICMAR, is a non-profit management institute and a center for Construction Management & research. Founded in 1983 in Mumbai, Maharashtra, NICMAR was established through collaborative efforts from major construction companies in India. The institute received recognition as a Scientific and Industrial Research Organization (SIRO) by the Department of Scientific Research of the Ministry of Science and Technology, Government of India. NICMAR operates as a public trust, registered under the Bombay Public Trust Act (1950) since 1982. The society of NICMAR was originally constituted in 1984 and registered under the Societies Registration Act (1860).

NICMAR Highlights

NICMAR has garnered a highly impressive placement record, with an outstanding 99% of its students successfully securing placements through the campus placement drive in 2021. The placement program saw active participation from 97 renowned companies. The admissions process at NICMAR considers the candidate’s NCAT results, work experience, and personal interview rounds, ensuring a comprehensive evaluation of each applicant.

The NICMAR Pune campus boasts impressive infrastructure, accommodating a total of 1,367 students, along with a team of 66 esteemed faculty members and scholars, supported by 159 dedicated staff members. As a testament to its commitment to nurturing talent, NICMAR Pune extends scholarships to deserving students. These scholarships include the prestigious NICMAR Excalibur Scholarships, the NICMAR Top Ranker’s scholarship, and the NICMAR Merit scholarship.

Institute Details:

  • Institute: National Institute of Construction Management and Research or NICMAR
  • Established in: 1984
  • Type of Institute: Private
  • Recognized by: SIRO, Ministry of Science & Technology
  • Application mode: Online and Offline
  • Exam Accepted: NCAT + Work Experience + Personal Interview rounds

Placement Record:

  • Impressive Placement Record: 99.2%

President and Chancellor:

  • Prof. (Dr.) Anil Kashyap

Contact Number:

  • 020-66859271 / 333 / 270 / 166

1. What are the top MBA colleges in Pune known for?

The top MBA colleges in Pune are renowned for their high-quality education, excellent faculty, industry-oriented curriculum, strong industry connections, and impressive placement records. These colleges provide a conducive learning environment and opportunities for students to develop leadership and managerial skills.

2. Which entrance exams do the top MBA colleges in Pune accept for admissions?

The top MBA colleges in Pune accept various national-level entrance exams such as CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), and MH-CET (Maharashtra Common Entrance Test) for admissions. Some colleges may also conduct their own entrance exams.

3. What are the popular specializations offered by the top MBA colleges in Pune?

The top MBA colleges in Pune offer a wide range of specializations, including Finance, Marketing, Human Resources, Operations, Business Analytics, Information Technology, International Business, Supply Chain Management, and more. Students can choose a specialization based on their interests and career goals.

4. Are the top MBA colleges in Pune accredited and affiliated to recognized universities?

Yes, the top MBA colleges in Pune are accredited by bodies like AICTE (All India Council for Technical Education) and affiliated to recognized universities such as Symbiosis International University and others. Many colleges also hold NAAC (National Assessment and Accreditation Council) accreditation, ensuring the quality of education.

5. How do the top MBA colleges in Pune ensure placements for students?

The top MBA colleges in Pune have dedicated placement cells that work closely with the industry and corporate partners to facilitate placements for students. They conduct placement drives, invite top companies for campus recruitment, and provide career guidance and training to enhance students’ employability.

6. Do these colleges offer scholarships to students?

Yes, many top MBA colleges in Pune offer scholarships to deserving students based on merit, academic performance, and financial need. These scholarships aim to support students in pursuing their education and realizing their career aspirations.

7. How can I contact the admission helpdesk of these colleges?

You can contact the admission helpdesk of the top MBA colleges in Pune through the contact numbers provided on their official websites or admission portals. These helpdesks are available to assist prospective students with any queries related to admissions, eligibility criteria, and the application process.