Post Graduate Programme in Management

Post Graduate Programme in Management Colleges in Maharashtra

Planning to pursue PGPM in Maharashtra? With 9 PGPM colleges offering Post Graduate Program in Management, Post Graduate Programme in Human Resource Management (PGP-HRM), Post Graduate Programme in Family Managed Business (PGP-FMB), and PGP in Management, choosing the right college depends on key factors such as rankings, fees, placements, and entrance exams accepted.


Maharashtra's PGPM landscape includes top government institutes, along with leading private universities such as SP Jain (SPJIMR), IBS Mumbai, and ISMS Pune. Admissions are conducted through exams like CAT, XAT, NMAT, depending on the course and institution.


This page provides a complete list of PGPM colleges in Maharashtra 2026, helping you compare colleges based on fees, placements, courses, and admission criteria to shortlist the best options.


Overview of PGPM Colleges in Maharashtra

Maharashtra has a diverse mix of pgpm colleges across government, private, and deemed categories, offering programs in core and emerging fields. These colleges vary in terms of fee structure, admission process, and placement outcomes, making comparison essential for informed decision-making.


Admissions to most top colleges are based on national-level exams like CAT, XAT, NMAT, while state and private colleges accept CETs and institute-level entrance exams.


Key Highlights

ParticularsData
Total PGPM Colleges in Maharashtra9
Government Colleges—
Private Colleges9
Popular CoursesPost Graduate Diploma in Management (PGDM), MBA International (Dual Certification), PGP MBA (Triple Certification), Global Management Program (GMP)
Top Exams AcceptedCAT, XAT, NMAT, GMAT
Average Fees₹1 L - ₹22.7 L
Average Placement (sample)₹7.6 L - ₹33 L
Top RecruitersDeloitte, HDFC Bank, ICICI Bank, Aditya Birla Group

Top PGPM Colleges in Maharashtra 2026 (Rankings)

PGPM college rankings are based on parameters such as academic reputation, faculty quality, research output, placements, and infrastructure. Rankings from sources like NIRF, India Today, and The Week are widely used by students to shortlist top colleges.


Top PGPM Colleges in Maharashtra (NIRF Rankings)

The National Institutional Ranking Framework (NIRF) is the most credible ranking system in India, based on parameters like teaching, learning resources, graduation outcomes, and research.

College20252024
SP Jain (SPJIMR)#20#20

SP Jain (SPJIMR) are among the leading names in these rankings, typically combining strong academics, placements, and research or professional outcomes.


Government vs Private PGPM Colleges in Maharashtra

PGPM colleges in Maharashtra are broadly divided into government and private institutions, with key differences in fees, placements, admission process, and ROI. Government colleges are generally more competitive with lower fees, while private colleges offer higher seat availability and modern infrastructure.


Top Private PGPM Colleges

Top private colleges offer higher seat intake, industry-focused curriculum, and strong infrastructure.

CollegeFeesMedian SalaryTotal CoursesPopular CourseLatest Ranking
SP Jain (SPJIMR)₹22.2 L - ₹22.7 L₹26.6 L - ₹30.9 L23Post Graduate Diploma in Management (PGDM)#20 NIRF 2025
ISMS Pune₹7.8 L—13PGP MBA (Triple Certification)—
Jio Institute₹14.5 L₹13.1 L5PGP in Management—
MET AMDC₹8.8 L₹8.5 L2Post Graduate Programme in Management and Business Administration—
MET CITRD₹7.6 L₹8.5 L1Post Graduate Programme in Management and Business Administration (Insurance)—

Fee Comparison (Govt vs Private)

Private Colleges
PGPM₹7.6 L - ₹22.7 L

Government colleges are significantly more affordable compared to private institutions.


Placement Comparison

Private Colleges
Highest Package₹81 L
Average Package₹33 L
Median Package₹30.9 L

Government colleges in this listing generally show strong placement outcomes where salary data is available.


ROI Analysis

ROI is a key factor for most candidates, calculated based on fees vs placement outcomes.

CollegeFeesMedian SalaryPopular CourseROI Insight
SP Jain (SPJIMR)₹22.2 L - ₹22.7 L₹26.6 L - ₹30.9 LPost Graduate Diploma in Management (PGDM)Medium ROI
ISMS Pune₹7.8 L—PGP MBA (Triple Certification)—
Jio Institute₹14.5 L₹13.1 LPGP in ManagementModerate ROI
MET AMDC₹8.8 L₹8.5 LPost Graduate Programme in Management and Business AdministrationModerate ROI
MET CITRD₹7.6 L₹8.5 LPost Graduate Programme in Management and Business Administration (Insurance)Medium ROI

Government colleges offer higher ROI due to lower fees and strong placements, while private colleges provide better infrastructure, flexibility, and more seat availability.


From a decision-making perspective, candidates targeting top ranks and ROI should prioritise government colleges, while those looking for backup options and infrastructure can consider top private pgpm institutes.


Govt and Private

CollegeFeesMedian SalaryPopular CourseROI
SP Jain (SPJIMR)₹22.2 L - ₹22.7 L₹26.6 L - ₹30.9 LPost Graduate Diploma in Management (PGDM)128%
ISMS Pune₹7.8 L—PGP MBA (Triple Certification)—
Jio Institute₹14.5 L₹13.1 LPGP in Management90%
MET AMDC₹8.8 L₹8.5 LPost Graduate Programme in Management and Business Administration97%
MET CITRD₹7.6 L₹8.5 LPost Graduate Programme in Management and Business Administration (Insurance)111%

Top PGPM Colleges in Maharashtra by Fees

Fees is a key parameter while shortlisting pgpm colleges, as it directly impacts the overall cost of education and return on investment (ROI). In Maharashtra, pgpm college fees vary significantly based on the type of institution—government colleges are more affordable, while private universities have higher fee structures due to infrastructure and facilities.


Mid-Range PGPM Colleges (₹1 L - ₹10 L)

Mid-range colleges include ISMS Pune, MET AMDC, and MET CITRD, offering a balance between fees, academic quality, and placement outcomes.

College TypeFeesPopular CourseTotal Courses
Private₹7.6 L - ₹8.8 LMBA~1 avg courses (3 colleges)

These institutes provide strong ROI, with moderate fees and competitive placement packages, making them a preferred choice for many aspirants.


High Fee PGPM Colleges (Above ₹10 L)

High-fee pgpm colleges are mainly private universities, offering modern infrastructure, higher seat intake, and flexible admission options through institute-level exams.

CollegeFeesPopular CourseTotal Courses
SP Jain (SPJIMR)₹22.2 L - ₹22.7 LPost Graduate Diploma in Management (PGDM)2
Jio Institute₹14.5 LMBA1

These colleges are suitable for candidates seeking private pgpm colleges with better infrastructure, diverse course offerings, and higher seat availability.


Best ROI PGPM Colleges in Maharashtra

Return on Investment (ROI) is a key factor while selecting pgpm colleges, as it compares the total cost of education with placement outcomes. Colleges with lower fees and higher salary packages offer better long-term value.


ROI Comparison Across Top Colleges

CollegeAverage FeesAverage Salary
SP Jain (SPJIMR)₹22.2 L - ₹22.7 L₹26.6 L - ₹30.9 L
MET CITRD₹7.6 L₹8.5 L
MET AMDC₹8.8 L₹8.5 L
Jio Institute₹14.5 L₹13.1 L
ISMS Pune₹7.8 L—

Government institutes consistently offer high ROI due to subsidised fees and strong placement records.


PGPM Colleges in Maharashtra with Best Placements

Placements are a critical parameter in evaluating pgpm colleges, as they reflect career opportunities, industry exposure, and earning potential. Top colleges in India maintain strong placement records across technology, consulting, and core sectors.


Colleges with Highest Placement Packages

Top pgpm institutes, especially SP Jain (SPJIMR), Jio Institute, and MET AMDC, report some of the highest placement packages in India.

CollegeHighest Package
SP Jain (SPJIMR)₹81 L
Jio Institute₹20.1 L
MET AMDC₹20 L
MET CITRD₹20 L

These offers are typically made by international recruiters and top product-based companies.


Colleges with Best Average Salary

Average salary provides a more realistic view of placement outcomes across the student cohort.

CollegeAverage Salary
SP Jain (SPJIMR) ₹24.4 L - ₹33 L
Jio Institute ₹13.1 L
MET AMDC ₹8.5 L
MET CITRD ₹8.5 L

Colleges with higher average salaries generally indicate strong industry connections, better training, and higher-quality recruiters.


Top Recruiters Hiring PGPM Professionals

Leading companies regularly recruit from top pgpm colleges in India across domains such as software, consulting, analytics, and core pgpm:


  • Amazon India
  • Axis
  • ITC
  • Deloitte
  • Hindustan Unilever

Popular PGPM Courses in Maharashtra

PGPM colleges in Maharashtra offer a wide range of specialisations, with demand driven by placement trends, industry requirements, and long-term career growth. Among these, certain branches consistently attract higher enrolment due to better salary outcomes and job opportunities.


Post Graduate Program in Management

  • Average Salary (Top Colleges): ₹7.1 L - ₹37.3 L
  • Top Recruiters: —
CourseDurationFeesCollegesModeLevel
Post Graduate Program in Management 1–21 Years ₹49.9 K - ₹45.1 L 28+ Full-time UG/PG

Post Graduate Programme in Family Managed Business (PGP-FMB)

  • Average Salary (Top Colleges): ₹15 L - ₹37.3 L
  • Top Recruiters: Deloitte, Flipkart, Asian Paints, Barclays
CourseDurationFeesCollegesModeLevel
Post Graduate Programme in Family Managed Business (PGP-FMB) 1–18 Year ₹16 L - ₹49.9 L 4+ Full-time UG/PG

Post Graduate Programme in Human Resource Management (PGP-HRM)

  • Average Salary (Top Colleges): ₹12.3 L - ₹25 L
  • Top Recruiters: Deloitte, HDFC Bank, KPMG, Larsen & Toubro
CourseDurationFeesCollegesModeLevel
Post Graduate Programme in Human Resource Management (PGP-HRM) 1–2 Years ₹7.8 L - ₹20.7 L 4+ Full-time UG/PG

PGPM Admission Process in Maharashtra 2026

Admission to pgpm colleges in Maharashtra follows a structured process based on entrance exams, result evaluation, and centralised or institute-level counselling. Candidates can apply through national, state, or college-level exams, depending on their target institutions and courses.


National Level Entrance Exams

National-level exams are the primary gateway to top government pgpm colleges such as SP Jain (SPJIMR), ISMS Pune, and Jio Institute. These exams have high competition and wider acceptance across India.


Key National PGPM Exams

ExamFull FormConducting BodyDuration (Minutes)Application ModeExam ModeLevelColleges Participating
CATCommon Admission TestIndian Institutes of Management (IIMs)120onlineOnlinePG5+ Colleges
XATXavier Aptitude TestXavier Labour Relations Institute210OnlineOnlinePG4+ Colleges
NMATNarsee Monjee Management Aptitude TestNarsee Monjee Institute of Management Studies120onlineOnlinePG3+ Colleges
CMATCommon Management Admission TestNational Testing Agency (NTA)180OnlineOnlinePG4+ Colleges
ATMAAIMS Test for Management AdmissionsAssociation of Indian Management Schools180onlineOnline/OfflinePG4+ Colleges
SNAPSymbiosis National Aptitude TestSymbiosis International (Deemed) University (SIU)60OnlineOnlinePG2+ Colleges

These exams are widely accepted by top-ranked pgpm colleges and require strong preparation due to their competitive nature.


State Level Entrance Exams

State-level entrance exams are conducted for admission to state government and private colleges within specific states, often with domicile-based reservations.


Key State PGPM Exams

ExamStateConducting BodyLevelModeColleges Participating
MAH MBA CETMaharashtraDirectorate of Technical Education, MaharashtraPGOnline3+ Colleges

State exams generally have moderate competition and are ideal for candidates targeting regional colleges with lower cutoffs.


Counselling Process

After qualifying entrance exams, candidates must participate in counselling for seat allocation based on rank, preferences, and availability.


Counselling Overview

Counselling TypeConducting AuthorityColleges CoveredBasis
National CounsellingIndian Institutes of Management (IIMs) and Xavier Labour Relations InstituteAll-India pgpm collegesNational exam rank / score
State CounsellingDirectorate of Technical Education, MaharashtraMaharashtra collegesState exam rank / score

The counselling process includes choice filling, seat allotment, document verification, and final admission confirmation.


Entrance Exams for PGPM Colleges in Maharashtra

PGPM admissions in Maharashtra are conducted through a mix of national and state-level entrance exams, each varying in terms of acceptance, difficulty, and participating colleges. A structured comparison helps candidates choose the right exams based on their target colleges and preparation level.


National Level PGPM Entrance Exams (UG & PG)

ExamLevelConducting BodyModeDurationColleges AcceptingCoursesDifficulty
CATPGIndian Institutes of Management (IIMs)Online120 mins5+ CollegesPost Graduate Programme in ManagementVery High
XATPGXavier Labour Relations InstituteOnline210 mins4+ CollegesMBA/PGDMHigh
NMATPGNarsee Monjee Institute of Management StudiesOnline120 mins3+ CollegesMaster of Business AdministrationMedium–High
CMATPGNational Testing Agency (NTA)Online180 mins4+ CollegesMBA/PGDMMedium–High
ATMAPGAssociation of Indian Management SchoolsOnline/Offline180 mins4+ CollegesPGPMMedium–High
SNAPPGSymbiosis International (Deemed) University (SIU)Online60 mins2+ CollegesPGPMMedium–High

These exams are the primary pathway to top government pgpm colleges and postgraduate programs in Maharashtra.


State Level PGPM Entrance Exams

ExamStateConducting BodyModeDurationColleges AcceptingCourseDifficulty
MAH MBA CETMaharashtraDirectorate of Technical Education, MaharashtraOnline150 mins3+ CollegesMBA/PGDMMedium

State-level exams provide access to government and private colleges within specific states, often with domicile-based advantages.


Upcoming PGPM Exams in Maharashtra

Staying updated with pgpm entrance exam dates is essential for planning applications, preparation timelines, and revision strategy. In Maharashtra, most UG exams are scheduled across the upcoming cycle, while major PG exams like XAT are scheduled around January 2027.


Tracking upcoming exams helps candidates avoid missing deadlines, manage multiple exams, and align preparation effectively.


Upcoming PGPM Exams 2026

ExamLevelExam DateStatus
XATPG03 Jan 2027Upcoming

Month-wise PGPM Exam Timeline 2026

January 2027 Exams

DateExamDescription
03 Jan 2027XATXAT 2027 Exam Date

From a planning perspective, candidates should track at least 3–4 upcoming exams and align their preparation schedule based on exam sequence, difficulty level, and application deadlines to maximise admission opportunities.


State-wise PGPM Colleges in India

India has 9 pgpm colleges distributed across states like Maharashtra, with a mix of government and private institutions. Top government colleges include top government colleges, while leading private colleges include SP Jain (SPJIMR) and IBS Mumbai.


State-wise distribution helps candidates shortlist colleges based on location preference, fees, and admission through state-level exams like MAH MBA CET.


PGPM Colleges in Maharashtra

CollegeFeesMedian SalaryTotal Courses
IBS Mumbai₹9.1 L - ₹9.2 L₹7.6 L1 Courses
IBS Pune₹9.1 L - ₹9.2 L₹7.6 L1 Courses
MET CITRD₹3.8 L₹8.5 L1 Courses

City-wise PGPM Colleges in India

Top cities like Mumbai and Pune host a large number of pgpm colleges, including both government and private institutions. Leading colleges include top government colleges, along with private institutes like SP Jain (SPJIMR), IBS Mumbai, and ISMS Pune.


City-wise selection helps candidates choose colleges based on placement opportunities, industry exposure, and proximity to tech hubs.


PGPM Colleges in Mumbai

CollegeFeesMedian SalaryTotal Courses
IBS Mumbai₹9.1 L - ₹9.2 L₹7.6 L1 Courses
MET CITRD₹3.8 L₹8.5 L1 Courses

PGPM Colleges in Pune

CollegeFeesMedian SalaryTotal Courses
IBS Pune₹9.1 L - ₹9.2 L₹7.6 L1 Courses

Top PGPM Colleges Accepting Different Exams

Top pgpm colleges in India accept scores from exams like CAT, XAT, NMAT, GMAT, and IBSAT, depending on the course and college type. Government institutes such as top government institutes accept national and state-level exam scores, while private colleges like SP Jain (SPJIMR), IBS Mumbai, and ISMS Pune may conduct their own entrance exams.


Understanding exam-wise college acceptance helps candidates shortlist colleges based on their exam performance and admission pathway.


Colleges Accepting CAT

CollegeFeesMedian SalaryTotal Courses
IBS Mumbai₹9.1 L - ₹9.2 L₹7.6 L1 Courses
IBS Pune₹9.1 L - ₹9.2 L₹7.6 L1 Courses
MET CITRD₹3.8 L₹8.5 L1 Courses

Colleges Accepting XAT

CollegeFeesMedian SalaryTotal Courses
IBS Mumbai₹9.1 L - ₹9.2 L₹7.6 L1 Courses
IBS Pune₹9.1 L - ₹9.2 L₹7.6 L1 Courses
MET CITRD₹3.8 L₹8.5 L1 Courses

Colleges Accepting NMAT

CollegeFeesMedian SalaryTotal Courses
IBS Mumbai₹9.1 L - ₹9.2 L₹7.6 L1 Courses
IBS Pune₹9.1 L - ₹9.2 L₹7.6 L1 Courses
MET CITRD₹3.8 L₹8.5 L1 Courses

Colleges Accepting GMAT

CollegeFeesMedian SalaryTotal Courses
IBS Mumbai₹9.1 L - ₹9.2 L₹7.6 L1 Courses
IBS Pune₹9.1 L - ₹9.2 L₹7.6 L1 Courses
MET CITRD₹3.8 L₹8.5 L1 Courses

Colleges Accepting IBSAT

CollegeFeesMedian SalaryTotal Courses
IBS Mumbai₹9.1 L - ₹9.2 L₹7.6 L1 Courses
IBS Pune₹9.1 L - ₹9.2 L₹7.6 L1 Courses

Course wise PGPM Colleges in India

PGPM colleges in India offer admissions across popular branches and emerging fields. top institutes lead in core and tech branches, while private colleges like SP Jain (SPJIMR), IBS Mumbai, and ISMS Pune offer a wide range of specialisations.


Course-wise selection helps candidates choose colleges based on branch preference, placement trends, and career opportunities.


Post Graduate Programme in Management and Business Administration (Insurance) Colleges in Maharashtra

CollegeFeesMedian SalaryTotal Courses
MET CITRD₹3.8 L₹8.5 L1 Courses

Comparison of Top PGPM Colleges

Comparing top pgpm colleges helps candidates evaluate options based on fees, placements, rankings, infrastructure, and ROI. Government colleges like IITs, NITs, and IIITs offer lower fees and higher ROI, while private colleges such as BITS, VIT, and SRM provide better infrastructure and higher seat availability.


A structured comparison allows candidates to shortlist colleges based on their budget, rank, preferred course, and career goals, ensuring better decision-making during admission.


Private vs Government Comparison

PrivateGovernment
Total Colleges9—
Top CollegesSP Jain (SPJIMR), ISMS Pune, and Jio Institute—
College distribution %100%—
Top CoursesPost Graduate Programme in Management and PGDMPost Graduate Programme in Management and PGDM
Fees Range₹7.6 L - ₹22.7 L—
Highest Salary₹20 L - ₹81 L—
Median Salary₹8.5 L - ₹30.9 L—
Average Salary₹8.5 L - ₹33 L—

Top Colleges Comparison Table

CollegeTypeFeesAverage SalaryMedian SalaryHighest SalaryRanking
SP Jain (SPJIMR)Private₹22.2 L - ₹22.7 L₹24.4 L - ₹33 L₹26.6 L - ₹30.9 L₹50 L - ₹81 L#20 NIRF 2025
ISMS PunePrivate₹7.8 L————
Jio InstitutePrivate₹14.5 L₹13.1 L₹13.1 L₹20.1 L—
MET AMDCPrivate₹8.8 L₹8.5 L₹8.5 L₹20 L—
MET CITRDPrivate₹7.6 L₹8.5 L₹8.5 L₹20 L—


Frequently Asked Questions (FAQ)

How many pgpm colleges are there in Maharashtra?

There are over 9 pgpm colleges in Maharashtra, including government, private, and deemed universities offering UG, PG, and doctoral programs.

Which are the top pgpm colleges in Maharashtra?

Top pgpm colleges in Maharashtra include SP Jain (SPJIMR), IBS Mumbai, ISMS Pune, Jio Institute, and IBS Pune, based on rankings, placements, and academic reputation.

What exams are required for admission to pgpm colleges in Maharashtra?

Admission is mainly through exams like CAT, XAT, NMAT, GMAT, and SNAP, along with other institute-specific and state-level entrance tests depending on the course and college.

What is the average fee for pgpm colleges in Maharashtra?

The fee range for pgpm colleges in Maharashtra is ₹1 L - ₹22.7 L.

Which pgpm colleges have the best placements?

Colleges with strong industry connections, high placement rates, and better salary outcomes typically include top-ranked institutes and leading private universities in Maharashtra.

Which is better: government or private pgpm colleges?

Government colleges often offer lower fees and higher ROI, while private colleges may provide better infrastructure and more seat availability. The best choice depends on budget, location, and goals.

What is the admission process for pgpm colleges in Maharashtra?

The process generally includes application → entrance exam → result → counselling/selection → seat allotment → admission, depending on the exam and college.

How to choose the best pgpm college in Maharashtra?

Compare colleges by rankings, fees, placements, available courses, location, and the exams they accept to shortlist options that match your goals.

• Updated by KollegeApply

Showing 9 Colleges

Exam Accepted

CAT

Fees

₹ 22.23 L - ₹ 22.66 L

Median Salary

₹ 22.8 L - ₹ 31.5 L

Total Courses

Exam Accepted

CAT

Fees

₹ 7.85 L

Total Courses

Jio Institute

Jio Institute

Navi Mumbai

Private

Exam Accepted

CAT

Fees

₹ 14.50 L

Total Courses

Exam Accepted

CAT

Fees

₹ 1.00 L

Median Salary

₹ 5.3 L

Total Courses

Ranking -  BusinessToday #157

Exam Accepted

CAT

Fees

₹ 8.75 L

Total Courses

Exam Accepted

CAT

Fees

₹ 7.63 L

Total Courses

Exam Accepted

CAT

Fees

₹ 9.19 L

Median Salary

₹ 7.6 L

Total Courses

Exam Accepted

CAT

Fees

₹ 9.19 L

Median Salary

₹ 7.6 L

Total Courses

Exam Accepted

Fees

₹ 13.50 L

Median Salary

₹ 8.5 L

Total Courses