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Top B Schools in Pune

Arun | Apr 5 2024
Top B Schools in Pune

Why to opt for B Schools in Pune?

Doing MBA or PGDM course in Pune is a good choice as more options of doing MBA and PGDM in Pune are available at low fees with high Return on Investment. Due to its distinct position as a center of academia and industry, it also offers improved corporate interface. There are numerous reasons why Pune attracts thousands of candidates for MBA admission in Pune each year from all parts of the country. A few of them are shared below:

1.1 High Growth Hub of Automotive, IT, E-commerce

1.2 Education Hub for Management, Technology, Health

1.3 Strong Placements in Top Companies

 

MBA Colleges in Pune Highlights

Types of MBA Colleges in Pune

IIM, Government or Public, University Affiliated, Private PGDM colleges

Approximate number of MBA colleges in the Pune

100+

Top 5 MBA Colleges in Pune

Lexicon Mile, SIBM Pune, SCMHRD Pune, PUMBA, IIM Nagpur, IMT Nagpur, ISB&M Pune

MBA Fees in Pune

PUMBA (University Low Fee College): Rs.1.5 to Rs.2 Lakhs

Private SIU or Other University MBA Colleges: Rs.8 to 20+ lakhs

Private PGDM Colleges: Rs.8 to 15 lakhs

IIM Nagpur: Rs.18.90 lakhs

MBA Programs offered in Pune

2 year MBA; AICTE approved PGDM; Specialized MBA; 1 year MBA for working professionals; Executive MBA; FPM and PhD program in Management

Specializations offered

General MBA, Analytics, Finance, Marketing, Human Resources, Healthcare & Hospital, Operations, International Business, IT & Systems, Business Analytics, Entrepreneurship, Family Business, Retail, Rural Management, Supply Chain among others

Average Placements

Average Placements in the Pune MBA colleges are in the range of Rs.5 to Rs.25+ lakhs per annum

Top Domains & Sectors for Career Growth

IT/ITES, Marketing, Finance, HR, Analytics, Operations

 

List of Top Ranked B Schools Colleges in Pune 

Top MBA College in Pune

MBAUniverse.com Ranking 2023/ Grading

NIRF Ranking 2023

Lexicon Management Institute of Leadership & Excellence

AA

--

Department of Management Sciences (PUMBA), Pune

AAA

# 19 (Among Universities)

Symbiosis Institute of Business Management (SIBM) Pune

AAA

# 17

Symbiosis Centre for Management And Human Resource Development (SCMHRD) Pune

# 21

--

IIM Nagpur

# 27

# 43

IMT Nagpur

# 38

(Ranked Among top 125 B-schools)

Balaji Institute of Modern Management (BIMM) Pune

AA+

--

Balaji institute of International Business (BIIB) Pune

# 45

--

International School of Business & Media (ISB&M), Pune

# 51

--

International Institute of Management Studies (IIMS) Pune

# 67

--

Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune

AA

--

National Insurance Academy (NIA) Pune

AA

Ranked Among top 125

MITCON Institute of Management (MITCON) Pune 

A+

--

International School of Management and Research (ISMR) Pune

A+

--

MIT School of Business - MITSOB Pune

A+

--

Top B Schools Colleges in Pune with Fee Structure 

MBA College

Type of MBA College

MBA College in Pune Fees (Rs. in Lakhs)

Lexicon Management Institute of Leadership & Excellence

AICTE Approved PGDM College

 

Department of Management Sciences (PUMBA), Pune

Savitribai Phule University Pune MBA college

Rs.  2.45 lakhs

Symbiosis Institute of Business Management (SIBM) Pune

Symbiosis International University (SIU) MBA college

Rs. 24.59 lakhs

Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune

Symbiosis International University (SIU) MBA college

Rs.23.75 lakhs

IIM Nagpur

Central Govt. Created IIM

Rs.18.90 lakhs

MITCON Institute of Management (MITCON) Pune 

AICTE Approved PGDM College

Rs.  6.10 lakhs

International School of Management and Research (ISMR) Pune

AICTE Approved PGDM College

Rs.  6.00 lakhs

MIT School of Business - MITSOB Pune

AICTE Approved PGDM College

Rs.  6.50 lakhs

Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune

AICTE Approved PGDM College

Rs.  8.30 lakhs

International Institute of Management Studies (IIMS) Pune

AICTE Approved PGDM College

Rs.  9.00 lakhs

National Insurance Academy (NIA) Pune

AICTE Approved PGDM College

Rs.11.00 lakhs

Balaji Institute of Modern Management (BIMM) Pune

Sri Balaji University, Pune (SBUP) MBA college

Rs.10.70 lakhs

Balaji institute of International Business (BIIB) Pune

Sri Balaji University, Pune (SBUP) MBA college

Rs.10.70 lakhs

International School of Business and Media (ISB&M) Pune

AICTE Approved PGDM College

Rs.12.20 lakhs

IMT Nagpur

AICTE Approved PGDM College

Rs.15.00 lakhs

 

B Schools Colleges in Pune Admission Process

Entrance Exams: Most MBA colleges in Pune accept scores from national-level management entrance exams such as CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or MAH MBA CET (Maharashtra MBA Common Entrance Test). Candidates are required to register for and appear in one or more of these exams.

Application Form Submission: After the declaration of entrance exam results, MBA aspirants need to fill out the application forms of the MBA colleges they wish to apply to. The application forms are usually available online on the official website of the respective colleges.

Short listing: Based on the entrance exam scores, academic performance, work experience (if applicable), and other criteria specified by the MBA colleges, candidates are shortlisted for further rounds of the selection process. Shortlisted candidates are usually informed via email or the college website.

Group Discussion (GD) or Written Ability Test (WAT): Many MBA colleges conduct group discussions or written ability tests to assess candidates' communication skills, analytical thinking, and ability to articulate ideas effectively. Topics for group discussions or essay writing may be related to current affairs, business trends, or abstract topics.

Personal Interview (PI): Shortlisted candidates are interviewed by a panel of faculty members or industry experts to evaluate their personality, leadership potential, problem-solving skills, and suitability for management education and careers. Personal interviews may be conducted in person or through video conferencing.

Final Selection: After the completion of all selection rounds, MBA colleges finalize the list of selected candidates based on their performance in the entrance exam, GD/WAT, PI, academic background, work experience, and any other relevant criteria. The final selection list is usually published on the college website or through email communication.

Offer of Admission: Selected candidates receive formal offers of admission from the MBA colleges, specifying the details of the program, fee structure, and deadline for fee payment. Candidates are required to confirm their acceptance of the admission offer by paying the requisite fees within the stipulated time.

Waitlist and Counselling: In case of vacant seats or withdrawals, MBA colleges may release waitlists and conduct counselling sessions to fill the remaining seats. Waitlisted candidates are informed about their status and given instructions on further steps to be taken, if applicable.

Document Verification: Finally, selected candidates are required to submit the necessary documents such as academic transcripts, entrance exam scorecards, identity proof, and other relevant certificates for verification purposes.

 

MBA Colleges in Pune Accepting Top Entrance Exams

MBA College

Exam Accepted

Cut off & Admission Process

Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune

CAT/MAT/XAT/CMAT/ MH-CET

65-70

Symbiosis Institute of Business Management (SIBM) Pune

SNAP

95-97

Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune

SNAP

93-95

IIM Nagpur

CAT

92-94

Department of Management Sciences (PUMBA), Pune

MAH CET

85-90

Balaji Institute of Modern Management (BIMM) Pune

CAT/MAT/XAT/CMAT/ MH-CET

75-80

International School of Business and Media (ISB&M) Pune

CAT/MAT/XAT/CMAT/ MH-CET

75-80

MIT School of Business - MITSOB Pune

CAT/MAT/XAT/CMAT/ MH-CET

70-75

International Institute of Management Studies (IIMS) Pune

CAT/MAT/XAT/CMAT/ MH-CET

70-75

National Insurance Academy (NIA) Pune

CAT/CMAT

70-75

MITCON Institute of Management (MITCON) Pune

CAT/MAT/XAT/CMAT/ MH-CET

60-65

International School of Management and Research (ISMR) Pune

CAT/MAT/XAT/CMAT/ MH-CET

60-65

 

Government or Public MBA Colleges in Pune

Well known Government or Public MBA and pgdm colleges in Pune include Department of Management Sciences (PUMBA), Savitribai Phule Pune University, IIM Nagpur among other MBA colleges in Pune. 

 

Private B Schools in Pune

Private MBA colleges in Pune include many top MBA and PGDM colleges for example Lexicon Management Institute of Leadership & Excellence, SIBM Pune, SCMHRD Pune of SIU University. Sri Balaji University, Pune (SBUP) is one of the top private universities which houses 4 leading management institutes namely Balaji Institute of Management and Human Resource Development (BIMHRD), Balaji Institute of Modern Management (BIMM), Balaji Institute of Telecom and Management (BITM), and Balaji Institute of International Business (BIIB). All these integral institutes of SBUP offer full time quality management programmes with specialization in key areas of Management.

B Schools in Pune with Placement

MBA College

Average Salary in Placement (Rs. in Lakhs Per Annum)

Symbiosis Institute of Business Management (SIBM) Pune

26.77

Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune

23.83

IIM Nagpur

16.74

IMT Nagpur

10.81

Department of Management Sciences (PUMBA), Pune

  8.85

Balaji Institute of Modern Management (BIMM) Pune

  8.25

International School of Business and Media (ISB&M) Pune

  8.80

MIT School of Business - MITSOB Pune

  4.90

International Institute of Management Studies (IIMS) Pune

  7.50

Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune

  6.50

National Insurance Academy (NIA) Pune

 10.30

MITCON Institute of Management (MITCON) Pune 

  4.50

International School of Management and Research (ISMR) Pune

  5.60

 

Top MBA Colleges in Pune without Entrance Exam

Balaji Institute of Modern Management (BIMM) Pune

International School of Business and Media (ISB&M) Pune

MIT School of Business - MITSOB Pune

International Institute of Management Studies (IIMS) Pune

Lexicon Management Institute of Leadership and Excellence (Lexicon MILE) Pune

MITCON Institute of Management (MITCON) Pune 

International School of Management and Research (ISMR) Pune