Looking for the top Management colleges in Maharashtra in 2026? Maharashtra has over 217+ management colleges. Top government institutes include IIM Mumbai, SJMSOM, IIM Nagpur, SIMSREE, IIM Indore Mumbai Campus , and leading private universities are SP Jain (SPJIMR), JBIMS Mumbai, SIBM Pune, SP Jain School of Global Management, SCMHRD . These colleges offer Master of Business Administration, MBA/PGDM and other management programs. Admissions to these colleges are primarily conducted through exams such as CAT , XAT , NMAT , GMAT , MAH MBA CET .
When selecting the best management colleges in Maharashtra, students should consider factors such as NIRF rankings, placement records, return on investment (ROI), location, faculty, and specializations. This guide highlights the top-ranked management colleges in Maharashtra 2026 providing all key details on fees, placements, and entrance exams to help students make an informed choice.
Top Management Colleges in Maharashtra 2026: Key Highlights
| Metric | Details |
| Total Colleges in Maharashtra | 217+ |
| Top Exams Accepted | CAT , XAT , NMAT , GMAT , MAH MBA CET |
| Ownership | ~91% Private, ~9% Government |
| Top Recruiters | HDFC Bank, Wipro, Infosys, Deloitte, Axis Bank |
| Average Fees | ₹ 6.0 K - ₹ 94.63 L |
| Average Placement | ₹ 2.20 L - ₹ 33.00 L |
Top Management Colleges in Maharashtra by Rankings 2026
The NIRF 2025 is the most trusted ranking for management colleges in India, evaluating institutes on teaching, research, graduation outcomes, outreach, and perception. Below are the top 10 management colleges in Maharashtra 2026 as per NIRF.
| College | 2025 | 2024 | 2023 |
| IIM Mumbai | 6 | 6 | 7 |
| SIBM Pune | - | 13 | 17 |
| SP Jain (SPJIMR) | 20 | 20 | 20 |
| SVKM's NMIMS | 24 | 21 | 21 |
| IIM Nagpur | 25 | - | 43 |
Government vs Private Management Colleges in Maharashtra 2026
Management aspirants in Maharashtra can choose between government-funded institutes known for their affordability and high ROI, and private universities that offer modern infrastructure, global exposure, and multiple entrance options. The comparison below will help you determine which path best aligns with your academic and career goals.
Top Government Management Colleges in Maharashtra 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| IIM Mumbai | ₹ 6.0 K - ₹ 21.00 L | CAT, GMAT | ₹ 30.40 L | ₹ 30.40 L | ₹ 54.00 L |
| SJMSOM | ₹ 14.39 L - ₹ 42.00 L | CAT | ₹ 28.00 L | ₹ 28.00 L | ₹ 72.00 L |
| IIM Nagpur | ₹ 1.32 L - ₹ 21.50 L | CAT | ₹ 18.10 L | ₹ 18.10 L | ₹ 69.60 L |
| SIMSREE | ₹ 51.0 K - ₹ 1.53 L | MAH MBA CET | ₹ 10.90 L - ₹ 15.20 L | ₹ 10.90 L - ₹ 13.10 L | ₹ 20.00 L - ₹ 26.30 L |
| IIM Indore Mumbai Campus | ₹ 17.60 L | - | ₹ 25.00 L | ₹ 25.00 L | - |
Top Private Management Colleges in Maharashtra 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| SP Jain (SPJIMR) | ₹ 25.0 K - ₹ 26.50 L | CAT, XAT, NMAT, GMAT, ATMA, CMAT | ₹ 24.40 L - ₹ 33.00 L | ₹ 30.00 L - ₹ 32.30 L | ₹ 50.00 L - ₹ 89.00 L |
| JBIMS Mumbai | ₹ 48.4 K - ₹ 7.00 L | CAT, XAT, ATMA, CMAT, MAH MBA CET | ₹ 18.30 L - ₹ 26.10 L | ₹ 26.10 L | ₹ 28.00 L - ₹ 87.10 L |
| SIBM Pune | ₹ 7.03 L - ₹ 27.96 L | MAH MBA CET, SNAP | ₹ 28.20 L | ₹ 28.20 L | ₹ 53.60 L |
| SP Jain School of Global Management | ₹ 18.0 K - ₹ 94.63 L | CAT, GMAT | - | - | - |
| SCMHRD | ₹ 6.32 L - ₹ 27.06 L | MAH MBA CET, SNAP | ₹ 24.30 L | ₹ 24.30 L | ₹ 38.00 L |
Top Trending Courses in Management 2026
Management in Maharashtra offers a wide range of courses to match industry demand and student interest. The most popular fields include Master of Business Administration (MBA) , Bachelor of Business Administration(BBA) , MBA in Finance . The table below highlights the top courses, their leading colleges, entrance exams, average fees, and placement packages.
| Course | Top Colleges | Entrance Exams | Average Fees (Total) | Average Package |
| Master of Business Administration (MBA) | SJMSOM, SCMHRD, IIM Nagpur, K J Somaiya Institute of Management, SIMS Pune | CAT, XAT, NMAT, GMAT, SNAP | ₹ 5.3 K - ₹ 27.00 L | ₹ 2.00 L - ₹ 34.23 L |
| Bachelor of Business Administration(BBA) | Ramdeobaba University, Sai Balaji Pune, IBSAR Navi Mumbai, PIBM, CIBMRD Nagpur | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 4.3 K - ₹ 19.50 L | ₹ 1.50 L - ₹ 14.00 L |
| MBA in Finance | SIBM Pune, PUMBA, ITM Business School Navi Mumbai, Suryadatta College, Mumbai Institute of Management and Research (MIMR) | CAT, XAT, NMAT, GMAT, SNAP | ₹ 40.0 K - ₹ 19.60 L | ₹ 3.50 L - ₹ 17.10 L |
| MBA in Marketing | SIBM Pune, PUMBA, Suryadatta College, Lotus Business School | CAT, XAT, NMAT, GMAT, SNAP | ₹ 40.0 K - ₹ 21.52 L | ₹ 3.50 L - ₹ 13.35 L |
| MBA in Business Analytics | SCMHRD, NWIMSR, Indira Institute of Management, Ramdeobaba University, MMM's Institute of Management Education Research and Training | CAT, XAT, NMAT, GMAT, SNAP | ₹ 54.0 K - ₹ 28.13 L | ₹ 4.50 L - ₹ 27.28 L |
| Post Graduate Diploma in Management (PGDM) | Welingkar Mumbai, DY Patil B School, ISMS Pune, Thakur Institute of Management Studies and Research, Atharva Institute of Management Studies | CAT, XAT, NMAT, GMAT, KMAT Karnataka | ₹ 13.0 K - ₹ 28.00 L | ₹ 1.50 L - ₹ 21.00 L |
| MBA in Human Resource Management | PUMBA, ITM Business School Navi Mumbai, NWIMSR, Indira Institute of Management, MMM's Institute of Management Education Research and Training | CAT, XAT, NMAT, GMAT, SNAP | ₹ 18.1 K - ₹ 25.30 L | ₹ 3.50 L - ₹ 12.43 L |
| bachelor-of-business-administration-bba | Indira Institute of Management, RMC , ISMR Pune, ISMT, Nashik Gramin Shikshan Prasarak Mandal, Brahma Valley Institute of Management | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 27.8 K - ₹ 5.00 L | ₹ 2.61 L - ₹ 2.70 L |
| MBA in Marketing Management | ITM Business School Navi Mumbai, Balaji Institute of Modern Management, Balaji Institute of International Business, BIMHRD, Indira Institute of Management | CAT, XAT, NMAT, GMAT, SNAP | ₹ 18.1 K - ₹ 14.38 L | ₹ 3.50 L - ₹ 12.24 L |
| Bachelor of Business Administration | Marathwada Mitra Mandal's College of Commerce (MMCC), TMV, JD College of Engineering and Management, Gondwana University, BMCC Pune | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 4.3 K - ₹ 5.84 L | ₹ 3.50 L - ₹ 9.00 L |
Entrance Exams Accepted by Top Management Colleges in Maharashtra 2026
Admission to the top Management colleges in Maharashtra is primarily determined through national, institute-level, and state-level entrance exams.
| Exam | Top Accepting Colleges | Exam Date (2026) |
| CAT | SP Jain (SPJIMR), IIM Mumbai, JBIMS Mumbai | - |
| XAT | SP Jain (SPJIMR), JBIMS Mumbai, K J Somaiya Institute of Management | 4 Jan 2026 |
| NMAT | SP Jain (SPJIMR), K J Somaiya Institute of Management, SDA Bocconi Asia Center | - |
| GMAT | SP Jain (SPJIMR), IIM Mumbai, SP Jain School of Global Management | - |
| MAH MBA CET | JBIMS Mumbai, SIBM Pune, SCMHRD | - |
| CMAT | SP Jain (SPJIMR), JBIMS Mumbai, K J Somaiya Institute of Management | 25 Jan 2026 |
| ATMA | SP Jain (SPJIMR), JBIMS Mumbai, K J Somaiya Institute of Management | - |
| SNAP | SIBM Pune, SCMHRD, SIMS Pune | 14 Dec 2025 |
| SET Exam | Bharati Vidyapeeth Institute of Management, MMM's Institute of Management Education Research and Training, GNIMS Mumbai | - |
| IBSAT | IBS Mumbai, IBS Pune | 27 Dec - 28 Dec 2025 |
| NMIMS NPAT | NMIMS Mumbai, Pravin Dalal School | - |
| UGAT | AIMSR, NICMAR University | - |
State-wise & City-wise Top Management Colleges in Maharashtra 2026
Management education in Maharashtra varies by state and city, with some regions offering better institutions, private universities, and placement opportunities. Use the list below to explore the top Management colleges by state and city.
Top Cities for Management Colleges in Maharashtra 2026
Top Management Colleges in Pune
| College | Ownership | Entrance Exams |
| NIBM Pune | Autonomous Institute | CAT, GMAT |
| SCMHRD | Private | MAH MBA CET, SNAP |
| Symbiosis Institute of Digital & Telecom Management | Private | SNAP, MAH MBA CET |
| SIBM Pune | Private | SNAP, MAH MBA CET |
| SIMS Pune | Private | MAH MBA CET, SNAP |
Top Management Colleges in Mumbai
| College | Ownership | Entrance Exams |
| JBIMS Mumbai | Private | CAT, XAT, MAH MBA CET |
| SP Jain (SPJIMR) | Private | CAT, XAT, NMAT |
| SP Jain School of Global Management | Private | CAT, GMAT |
| IIM Mumbai | Public/Government | CAT, GMAT |
| SJMSOM | Public/Government | CAT |
Top Management Colleges in Nagpur
| College | Ownership | Entrance Exams |
| Jhulelal Institute of Technology | Private | CMAT |
| Ramdeobaba University | Private | CAT, XAT, MAH MBA CET |
| Datta Meghe Institute of Management Studies | Private | CAT, XAT, ATMA |
| IIM Nagpur | Public/Government | CAT |
| IMT Nagpur | Private | CAT, XAT, CMAT |
Top Management Colleges in Navi Mumbai
| College | Ownership | Entrance Exams |
| IIM Indore Mumbai Campus | Public/Government | - |
| Bharati Vidyapeeth Institute of Management | Private | CAT, MAH MBA CET, CMAT |
| ITM Business School Navi Mumbai | Private | CAT, XAT, NMAT |
| PIMSR | Private | CAT, MAH MBA CET, CMAT |
| IBSAR Navi Mumbai | Private | CAT, XAT, ATMA |
Top Management Colleges in Nashik
| College | Ownership | Entrance Exams |
| MVP Samaj's Institute of Management & Research Technology (IMRT) | Private | CMAT, MAH MBA CET |
| Pune Vidyarthi Griha's College of Engineering & S.S. Dhamankar Institute of Management: | Other | - |
| Brahma Valley College of Engineering and Research Institute | Private | CAT, XAT, MAH MBA CET |
| Dr. Moonje Institute of Management and Computer Studies,Nashik | Other | CAT, XAT, MAH MBA CET |
| SIOM Nashik | Private | SNAP |
FAQ About Management Colleges in Maharashtra 2026
Which is the No.1 management college in Maharashtra?
According to NIRF 2026, the No.1 management college in Maharashtra is IIM Mumbai , followed by SJMSOM and IIM Nagpur .
Which entrance exam is required for management ?
For admission to top management colleges in Maharashtra, students primarily need to appear for CAT , XAT , NMAT , GMAT and MAH MBA CET .
What is the average management fee in Maharashtra?
The average fees range from ₹ 6.0 K - ₹ 94.63 L per year. Government colleges typically charge ₹ 6.0 K - ₹ 21.00 L per year, while private colleges may charge ₹ 25.0 K - ₹ 26.50 L per year.
Which private management college has the best placements?
Among private institutions, SP Jain (SPJIMR) and JBIMS Mumbai and SIBM Pune have the strongest placement records.