Progressive Education Society's Modern Institute of Business Management, established in 2010, is a private business school in Pune, Maharashtra. It is approved by AICTE and affiliated with Savitribai Phule Pune University.
MIBM Pune offers a 2-year full-time MBA program, along with BBA and PhD. The flagship MBA program has a fee of INR 1.06 Lakhs for the first year. The admission process is based on national exam results (such as MAH-MBA, MMS-CET, CAT or CMAT), after a Centralized Admission Process (CAP) that is managed by the Directorate of Technical Education (DTE) Maharashtra.
The highest package offered in the MIBM Pune 2023-24 placements was INR 7 LPA, and the average package was INR 4 LPA. The top recruiters included HDFC Bank, Infosys, Bajaj Allianz Life Insurance Company Limited and Tech Mahindra.
Table of Contents
- Modern Institute of Business Management Highlights 2025
- Modern Institute of Business Management Fees 2025
- Modern Institute of Business Management Courses 2025
- Modern Institute of Business Management Admission 2025
- Modern Institute of Business Management Placements
- Modern Institute of Business Management FAQs
Modern Institute of Business Management Highlights 2025
| Parameter | Details |
| Established | 2010 |
| Location | 1186, Shivaji Nagar, Modern College Road, Pune - 411005, Maharashtra |
| Affiliation | Savitribai Phule Pune University (SPPU) |
| Approval | AICTE |
| Flagship Program | MBA |
| Entrance Exams Accepted | MAH-MBA, MMS-CET, CAT, CMAT |
| MBA Fees | INR 1.06 Lakhs for 1st year |
| Highest Package (2023-24) | INR 7 LPA |
| Top Recruiters | HDFC Bank, Infosys, Bajaj Allianz Life Insurance Company Limited, Tech Mahindra, Mahindra |
| Campus Facilities | Wi-Fi campus, library, computer labs, auditorium, cafeteria, hostel, gym, sports complex |
| Official Website | mibmpune.ac.in |
| How to Reach |
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Modern Institute of Business Management Fees 2025
The table below shows the Modern Institute of Business Management fees for 2025:
| Course | Duration | First Year Fees |
| MBA | 2 Years | INR 1.06 Lakhs |
Modern Institute of Business Management Courses 2025
Modern Institute of Business Management offers MBA, BBA and PhD programs in management. For MBA admissions, students must be graduates with 50% marks and have a valid score in exams like MAH-MBA/MMS CET, CAT or CMAT.
Modern Institute of Business Management Admission 2025
The admission process for Modern Institute of Business Management includes online application submission, academic and professional details submission and validation. Given below are the steps for MIBM Pune MBA admission 2025:
| Steps | Details |
| Fill Application Form | Available online on the official MIBM Pune website. |
| Check Eligibility | Graduation in any discipline with minimum 50% marks (45% for reserved). |
| Shortlisting | Based on entrance exam score and academic performance. |
| Group Discussion (GD) | Conducted on campus or virtually. |
| Personal Interview (PI) | Assess communication skills, attitude, and domain knowledge. |
| Final Selection | Based on cumulative performance in Entrance, GD, PI, and past academics. |
| Admission Offer | Selected candidates receive an official admission letter via email/post. |
| Fee Payment & Enrollment | Pay admission fee and complete enrollment formalities by due date. |
Modern Institute of Business Management Placements
Modern Institute of Business Management has a growing placement record. As per 2023-24 placements, the highest package offered was INR 7 LPA and the average package was INR 4 LPA. Some of the top recruiters include HDFC Bank, Infosys, Bajaj Allianz Life Insurance Company Limited and Tech Mahindra.
| Placement Metric | Details (2023-24) |
| Highest Package Offered | INR 7 LPA |
| Average Package Offered | INR 4 LPA |
| Top Recruiting Companies | HDFC Bank, Infosys, Bajaj Allianz Life Insurance Company Limited, Tech Mahindra, Mahindra and Mahindra Financial Service Ltd |
Modern Institute of Business Management FAQs
What is the highest package at the Modern Institute of Business Management?
The highest package at MIBM Pune for 2023–24 was INR 7 LPA.
What is the average package at the Modern Institute of Business Management?
The average package offered at MIBM Pune during 2023–24 placements was INR 4 LPA.
What are the courses offered at the Modern Institute of Business Management?
MIBM Pune offers MBA, BBA and PhD programs in management.
What is the MBA fee at Modern Institute of Business Management?
The first-year MBA fee at MIBM Pune is INR 1.06 Lakhs.
What is the eligibility for MBA admission at MIBM Pune?
Candidates must have a graduation degree with 50% marks (45% for the reserved category) and a valid score in MAH-MBA/MMS CET, CAT or CMAT.
How is the admission process at the Modern Institute of Business Management?
Admission includes online application, entrance exam score evaluation, GD-PI rounds and final selection based on overall performance.
Does the Modern Institute of Business Management have good placements?
Yes, MIBM Pune has a consistent placement record with top recruiters like HDFC Bank, Infosys, Bajaj Allianz and Tech Mahindra.
What companies visit MIBM Pune for placements?
Major recruiters include HDFC Bank, Infosys, Bajaj Allianz Life Insurance Company Limited, Tech Mahindra and Mahindra Finance.
What is the duration of the MBA program at MIBM Pune?
The MBA program at Modern Institute of Business Management is 2 years long.
Does MIBM Pune accept MAH-MBA CET for MBA admission?
Yes, MIBM Pune accepts MAH-MBA/MMS CET along with CAT and CMAT scores for MBA admissions.
What is the cut-off score of MAH MBA CET 2024 in MIBM Pune?
For 2024, MIBM Pune General-All India MAH MBA CET cutoff was 69.37 percentile. The cutoff can be different for various categories and years based on the number of individuals who appear, the level of difficulty in the exam, and the number of available seats. It is important to reach or surpass the cutoff for the CAP-based selection.
Does MIBM Pune have hostel facilities?
Yes, MIBM does have hostels for outstation students. The campus is equipped with modern amenities such as Wi-Fi, a library, computer labs, a cafeteria, a gym, an auditorium, and a sports complex. The campus is good for students and is located in central Pune, which is well-connected and secure.
