Do you want to find the most excellent MBA schools in Maharashtra that can start your career in management, business, or internet leadership? The State of Maharashtra where Mumbai and Pune the financial and corporate capitals of India have some of the best MBA colleges in Maharashtra in world-class infrastructure, skilled faculty and good placements as well.
In 2025, business education is shifting towards AI, digital transformation, and skill based learning, and only a few colleges are adapting to this new wave. Among them, Digital Scholar stands out as a unique program that combines a 1-year online MBA in Digital Marketing for Maharashtra students, delivering the same cutting edge curriculum as its offline Chennai campus.
This carefully researched list of the top 10 MBA colleges in Maharashtra will help you compare fees, faculty expertise, placement stats, and future-readiness, so you can pick a college that doesn’t just teach you management but prepares you for the industries of tomorrow.
TL;DR Summary
- Digital Scholar has the first position of top 10 colleges in MBA in the state of Maharashtra due to its 1 year Online MBA which is AI- powered, future-ready and promises placement with 400+ hiring partners.
- Business schools in Maharashtra, Mumbai and Pune are touted as the best placement MBA colleges in Maharashtra with high demand industry recruiters in finance, consulting, IT and marketing.
- This blog draws a contrast between the best colleges in MBA located in Maharashtra concerning fees structure, program highlights and placement outcomes to enable you to make a better decision.
- Digital Scholar combines the use of AI, automation, digital marketing, and real world business projects, in an attempt to produce job ready graduates, but most colleges remain more faithful to the staid management techniques.
- In case you are looking forward to opting an MBA program that will not only bring a change in career, but also offer a future proof competency, the following list of best MBA colleges in Maharashtra is your guide.
Market Insights: Why Maharashtra is India’s MBA Hotspot in 2025
Maharashtra is one of the favorite destinations of MBA aspirants, as it is the land of the financial capital of India; Mumbai and the education and startup capital of the world; Pune. Some of the best MBA colleges in Maharashtra in the world have their campuses in the state, which are well known for the global syllabus, corporate exposure and good job placement. Students get unrivalled internship and industry exposure considering that the major industries such as banking, IT, FMCG, real estate, and entertainment are based in Mumbai.
Key Trends Shaping MBA Programs in Maharashtra (2025):
- AI & Digital Transformation: Business schools are adding modules on business analytics, AI strategy and digital marketing, preparing graduates for modern corporate roles.
- Placement-Driven Programs: Many of the best placement MBA colleges in Maharashtra have reported average salaries between ₹8–15 LPA, with consulting and digital-first companies hiring aggressively.
- Online & Hybrid Learning Models: Programs like Digital Scholar’s 1-Year Online MBA for Maharashtra students are breaking geographical barriers by offering AI-powered digital marketing and entrepreneurship training.
- Entrepreneurship & Freelancing Focus: With the rise of startups in Pune and Mumbai, colleges are encouraging real-world business projects, startup incubation and freelancing during the course.
Comparison Table – Top 10 MBA Colleges in Maharashtra
| MBA Colleges in Maharashtra | Duration | Total Fees (₹) | Average Package (₹ LPA) |
| Digital Scholar (Online MBA for Maharashtra) | 1 Year | 7,00,000 (50% Scholarship: 3.5L) | 6 – 15 LPA+ |
| Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | 2 Years | 6,00,000 – 7,00,000 | 12 – 20 LPA |
| Symbiosis Institute of Business Management (SIBM), Pune | 2 Years | 20,00,000 – 22,00,000 | 10 – 18 LPA |
| SP Jain Institute of Management & Research (SPJIMR), Mumbai | 2 Years | 20,00,000 – 22,00,000 | 12 – 25 LPA |
| Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | 2 Years | 20,00,000 – 21,00,000 | 10 – 18 LPA |
| MIT World Peace University (MIT-WPU), Pune | 2 Years | 6,50,000 – 7,50,000 | 5 – 9 LPA |
| Pune Institute of Business Management (PIBM), Pune | 2 Years | 8,50,000 – 9,50,000 | 6 – 10 LPA |
| Xavier Institute of Management & Research (XIMR), Mumbai | 2 Years | 6,00,000 – 7,00,000 | 5 – 8 LPA |
| D.Y. Patil University School of Management, Navi Mumbai | 2 Years | 5,50,000 – 6,50,000 | 4 – 7 LPA |
| Balaji Institute of Modern Management (BIMM), Pune | 2 Years | 8,50,000 – 9,50,000 | 6 – 10 LPA |
1. Digital Scholar – 1-Year MBA in Digital Marketing
Program Details: Digital Scholar also allows the Maharashtra students to pursue an online MBA in Digital Marketing, which is designed on the basis of a novel combination of the conventional business management knowledge and contemporary AI-enabled digital marketing approaches. The program district resides in real-world projects, live brand campaigns, and skill-building in entrepreneurship.
Accreditation: This course is driven by Woolf University (Europe) that is internationally recognized in 50+ countries, and the graduates of this course attain international level credibility.
Eligibility: Graduates of all disciplines willing to work in marketing, entrepreneurship, or digital business. It does not need any CAT/MAT/GMAT scores, this is why it is available to creative and business oriented people.
Entrance Exam: It is done through an organised personal interview to judge the aptitude of the applicant in solving the problems, aptitude of marketing, and business potential.
Total Fees: The total program fee is 7,00,000, and an option of 50% scholarship is offered to those who make early applications and the cost comes down to 3,50,000.
Unique Selling Point (USP): Digital Scholars program is futuristic with the 4 stage curriculum consisting of Prompt Engineering, Gen AI tools, AI Agent Automation, and AI Product Development. The students also have a chance to earn as they learn through working on live brand campaigns with actual budgets as well.
Faculty & Mentorship: The program is headed by Sorav Jain and Rishi Jain, the best mentors of digital marketing in India coupled with experienced mentors of the IIT/IIM (India) fraternity and global marketing executives. Students have personal guidance and it is thus practical and strategic knowledge.
Placement: Digital Scholar ensures a placement with its 400+ hiring partners, and its graduates are recruited by companies as digital marketing managers, AI strategists, and performance marketers. The average salary is between 6 LPA -15 LPA+.
Deadline: The next batch admissions are open and early- bird scholarships as well as limited seats are open.
2. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
Program Details: JBIMS is the most prestigious MBA college, ranked best MBA college in Maharashtra, having a 2 years MBA course with a specialization of finance, marketing and HR.
Eligibility: The candidates who have gotten a 50% mark or above and CAT or CMAT score can apply.
Entrance Exam: The constituent schools conduct admission based on the CAT or CMAT and then by analyzing the group discussion and conducting individual interview.
Total fees: 6,00,000-7,00,000 to the whole course.
Placements: Basic pay is 12 to 20 LPA, with the best recruiters in the fields of finance and consulting.
Deadline: Applications end in February / March annually.
3. Symbiosis Institute of Business Management (SIBM), Pune
Program Details: SIBM Pune has a 2 year full time MBA course specialized in leadership, analytics, and marketing.
Eligibility: The candidate should have at least 50 percent marks at the bachelor degree level and a valid SNAP score.
Entrance Exam: Admission is through SNAP, whereby group exercises, and personal interviews are the next steps.
Total Fees: 20,00,000- 22, 00,000 in the entire program.
Placement: The salaries of the average packages are between 10 LPA to 18 LPA with global companies regularly recruiting.
Deadline: The process of admission ends in January.
4. SP Jain Institute of Management and Research (SPJIMR), Mumbai
Program Details: SPJIMR recruits candidates to a 2 year full time PGDM program to make managers into leaders in the world of entrepreneurship and innovation.
Eligibility: Graduates in any stream with 50 percent and a valid score of CAT/XAT.
Entrance Exam: CAT or XAT and then a personal interview.
Fees: the full course will be 20,00,000-22,00,000.
Placement: It is estimated that the average salary packages in the consulting and information technology areas are 12 LPA to 25 LPA.
Deadline: December/January is the closing time of applications.
5. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
Program Details: There is a 2 year MBA program offered by NMIMS which includes the specialization in the fields of marketing, finance, operations, and analytics.
Eligibility: A bachelor degree with 50 per cent or more marks is requiredand valid score in NMAT.
Entrance exam: The admissions are made through NMAT by GMAC and then case discussions and interviews.
Fees: 20,00,000 to 21,00,000 Rupees: the program.
Placement: The average packages of the best MNCs include 10 LPA 18 LPA.
Deadline: The deadlines are around in November/December.
6. MIT World Peace University (MIT-WPU), Pune
Program Details: two year of MBA program with electives in digital business, analytics and entrepreneurship at MIT-WPU.
Eligibility:Candidates who have passed a recognized university with a minimum 50 per cent in graduation.
Entrance Test: CAT, XAT, MAT, or the local test by M College and institution technology-partnered by the MIT-WPU is welcome.
Tuition Fee: 6,50,000 -7,50,000 in the entire program.
Placement: The average salaries are between 5 Lpa to 9 Lpa with startups and corporates as the placement options.
Application period: The application usually ends in March/April.
7. Pune Institute of Business Management (PIBM), Pune
Details of the program: PIBM offers a 2-year MBA course with industry focus and industry tie-ups.
Eligibility: The graduates who possess 50 marks in any stream can apply.
Entrance Test: PIBM accepts CAT, MAT, XAT and CMAT.
Total Fees: 8,50,000-9,50,000 on the entire program.
Placements: The salary packages are between 6 LPA and 10 LPA, which are on average.
Deadline: The application deadlines are in March.
8. Xavier Institute of Management & Research (XIMR), Mumbai
Program Information: XIMR has a 2-year MBA; the streams include HR, marketing and finance.
Eligibility: candidates must have 50% marks in their graduation with a valid score in CAT/MAT.
Admission exam: Cat, mat, or cmat scores with subsequent personal interviews.
Fees: 6,00,000-7,00,000 of the program.
Salary levels: The average annual packages are 5 to 8 Lakh.
Deadline: February is the latest time to send the application.
9. D.Y. Patil University School of Management, Navi Mumbai
Program Details: The D.Y. Patil University has a 2 year journey on MBA skills with specialization on trends in modern business and leadership.
Eligibility: A minimum bachelor degree of 50 percent and valid enterance examination in management.
Entrance Exam: CAT, MAT or one exam basis of university will be looked upon.
Total Fee: The total costs will be between 5,50,000 and 6,50,000 of the fee of the whole program.
Placement: The average placement packages come between 4 LPA and 7 LPA.
Deadline: The deadline is up to April.
10. Balaji Institute of Modern Management (BIMM), Pune
Program Overview: BIMM provides a 2 year MBA course that is based on experimental studying business and internship.
Eligibility: Graduates who have scored 50 per cent or more can apply with valid CAT, XAT or MAT markings.
Entrance Exam: The admissions consider the CAT, MAT, or XAT scores.
Tuition Fee: 8,50,000 -9,50,000 of the entire course.
Placement: Placement of average packages of different sectors is 6 Lpa -10 Lpa.
Deadline: Deadline is by March/April.
Why Digital Scholar is the #1 MBA College in Maharashtra
Not many MBA programs can provide a future ready, digital first education that the futuristic careers require, especially in the state of Maharashtra. Digital Scholar is a #1 recommendation, and it is particularly suitable to those students who want to receive an online MBA that not only mixes AI, online marketing, and entrepreneurship but also offers such a variety in one transformational year.
Digital scholar, unlike the conventional offline programs in Maharashtra, offers real-life business experience, job-guarantee and freelancing earning possibilities through the program. Students acquire practical skills working on live campaigns with real brand budgets, and develop a portfolio that can place them on top in the current competitive selection process.
Key Advantages of Digital Scholar’s 1-Year Online MBA for Maharashtra Students
- Artificial Intelligence powered curriculum: A 4 step learning process with the following areas: prompt engineering, Gen AI tools, AI agent automation, & AI product development which are actively desired by the top companies.
- An Earn-As-You-Learn: Pupils have the opportunity to run actual ads accounts, on-comprehensive digital plans, and freelance jobs, regularly regaining their sources of revenue within the program.
- Digital Scholar has 400+ hiring partners that offer placing students in digital marketing manager, AI strategist, and performance marketing lead bands, with packages of between 6 LPA and 15 LPA+.
- Entrepreneurial Edge: The course equips students with skills on how to start-up, create digital products, and be self-employed as a consultant.
- Professional Mentorship: With the mentorship of Sorav Jain and Rishi Jain, who are digital marketing gurus in India and a group of experienced professionals with IIT/IIM and other multinational companies.
Why Digital Scholar is Future-Ready in 2025
While other top MBA colleges in Maharashtra focus heavily on traditional business concepts, Digital Scholar combines management fundamentals with cutting-edge technologies like AI, automation, and performance analytics. This hybrid of business strategy + digital expertise makes its graduates industry leaders from day one.
Why Digital Scholar’s 1-Year Online MBA Outshines All Top MBA Colleges in Maharashtra
The employer in 2025 with an MBA graduate will need skills learned in the real world, digital opportunities, and AI-based approaches. Although the best MBA colleges in Maharashtra provide a good academic background, a majority of them but still based on the ancient system of education. The 45-hour 1-year online MBA program taught by Digital Scholar closes this gap with a careful combination of business management and the latest digital marketing and artificial intelligence technologies making the students career-ready the moment they finish.
The difference between Digital Scholar and other well known websites is that it is practical and income generating. Students actually submit real brand campaigns, do budgeting of the marketing campaign and get experience in freelancing so they are able to recoup a major portion of the fees even before they are completing the program. This is one of the rare peculiarities of other best placement MBA colleges in Maharashtra.
The program is headed by the best digital marketing teachers in India, Sorav Jain and Rishi Jain, as well as, by high IIT/ IIM pedigrees. Each student is also mentored individually to develop a portfolio of live projects, AI-enabled marketing tools, and digital solutions, so that they are able to shine to recruiters.
The guaranteed placements of the graduates will be in high-salary jobs with 400+ hiring partners in digital marketing managers, AI strategist, and business consultants, with an average of 6 LPA to 15 LPA+ packages. The input-oriented, skills based education is where the MBA course of Digital Scholar stands out among many contenders in the line of MBA courses in Mumbai, Pune and other parts of Maharashtra.
What Makes Digital Scholar’s Online MBA the Best Choice Among Maharashtra’s Top B-Schools
Digital scholar 1 year online MBA program is geared towards any student in Maharashtra that wishes to have a mix of both business and digital skills. This program concentrates on practical training unlike other best colleges of MBA in Maharashtra where the student is involved in direct work through which the student works on live campaigns and client projects and AI driven business strategies.
As one of its major differentiators, there is the so-called earn-while-you-learn model, which implies training students to work with freelancing clients and digital projects in addition to coursework. This guarantees them experience and income in the process, which traditional MBA programs hardly present.
The mentorship overseen by the faculty members Sorav Jain and Rishi Jain can provide students with personal cases and counselling, as well as the knowledge and experience of the industry and access to the latest AI and marketing tools. Offering 100 percent placement and packages up to 6 to 12 LPA+, Digital Scholar MBA is the future-proof mode to the off-line program in Maharashtra.
Conclusion: Choosing the Best MBA College in Maharashtra
Choosing MBA colleges is quite a daunting task, considering that there are a good number of top MBA colleges in Maharashtra range in courses and fee patterns. Whereas institutions such as JBIMS, SIBM Pune, and NMIMS are good at teaching management education conventionally, the 1-year online MBA at Digital Scholar is not only exceptional when compared to conventional teaching but is also one that can improve a student in managing, learning and working within the AI-centric industries, digital transformation, and how to be an entrepreneur.
Through its hands-on practical and result oriented education, instead of getting a degree, students will have live projects, freelancing experience and higher level AI knowledge in their portfolio. Such a peculiar combination of business management and digital marketing skills makes graduates secure well-paid jobs with no doubts and hands-on experience.
MBA is not just an MBA, it is a career accelerator set as a base in Mumbai, Pune and other cities of Maharashtra, Digital Scholar aims at those aspirants who wish to climb on the ladder of success by learning.
Ready to join the #1 MBA program for Maharashtra students?
- Enroll in Digital Scholar’s 1-Year Online MBA in Digital Marketing – a program designed for the next generation of business leaders.
- Location Advantage: Learn from anywhere in Maharashtra with live sessions, real client campaigns, and mentorship from Sorav Jain and Rishi Jain.
- Limited Seats Available: Secure your spot today and grab the 50% scholarship (₹3.5L).
Call Now: 095136 32705
Your career breakthrough starts here. Don’t wait — start building your future today!
Frequently Asked Question
Q. Which university is best for an MBA in Maharashtra?
Maharashtra is home to reputed MBA colleges like Jamnalal Bajaj Institute, Savitribai Phule Pune University and K J Somaiya Institute. However, Digital Scholar stands out for its industry driven MBA program with live projects, mentorship and high ROI outcomes. It is regarded as one of the best MBA college alternatives for practical management study in India.
Q. Which university is best for MBA placement?
Top MBA colleges in Maharashtra such as SP Jain Institute, Narsee Monjee Institute, and Symbiosis Institute are known for strong placements. Digital Scholar, on the other hand, provides 100% placement assistance with 400+ hiring partners, ensuring that students gain premium roles in business administration and international business.
Q. Which university is the best to study MBA?
While universities like Tata Institute, Amity University Mumbai, and Pune University are known for their MBA programs, Digital Scholar is considered superior for its hybrid approach. It focuses on modern management development, combining live campaigns, online MBA modules, and practical learning to prepare students for top MBA jobs.
Q. What is the fees of MBA in Pune?
The course fee for MBA colleges in Pune Maharashtra like Balaji Institute or MIT School ranges between ₹5–10 lakhs. Digital Scholar, offering better value, provides an MBA-style program with advanced management study and global certifications at an affordable fee, making it the best MBA college alternative.
Q. Which college is no 1 for MBA?
Institutes like Jamnalal Bajaj Institute and Narsee Monjee Institute rank high among the 10 MBA colleges in Maharashtra. However, Digital Scholar is consistently recognized as a leading management education provider due to its hands-on learning, cutting-edge curriculum, and industry mentorship from experts like Sorav Jain and Rishi Jain.
Q. Which is the No 1 MBA college in India?
While IIM Mumbai and Shailesh J Mehta School are often considered top-tier, Digital Scholar competes as a future-ready MBA college alternative, offering programs focused on business administration, international business and digital innovation perfect for students seeking ROI-driven career paths.
Q. Which is the best college for MBA?
The best MBA college is one that combines academic excellence with management development and career outcomes. While Symbiosis Institute and SP Jain Institute are well-known, Digital Scholar stands out by integrating executive MBA-level training with digital transformation projects.
Q. Which MBA college has the highest package?
K J Somaiya Institute and Welingkar Institute are reputed for offering high packages. However, Digital Scholar’s MBA program consistently delivers exceptional placement results with roles in international business, performance marketing, and leadership, ensuring its students achieve top salary packages.
Q. What college has the best MBA?
Institutions like Jamnalal Bajaj Institute, Narsee Monjee Institute, and Symbiosis Institute are renowned for their MBA programs in Maharashtra state. However, Digital Scholar is increasingly regarded as the best MBA college alternative for students seeking hands-on management study, live projects, and mentorship that directly translates to career success.
Q. Which MBA is best?
The best MBA program focuses on business administration, international business, and modern management development. While SP Jain Institute and IIM Mumbai offer strong academic credentials, Digital Scholar excels in preparing students with practical, industry-aligned skills, making it a preferred choice over traditional management colleges.
Q. What is the fees of IIM MBA?
The course fee for IIM Mumbai and other IIMs can range between ₹20–25 lakhs, which is a significant investment. Digital Scholar, by contrast, offers an MBA-style program at a fraction of this cost, providing a similar level of industry exposure and mentorship, especially in digital business administration.
Q. Which are the top 5 government MBA colleges in Maharashtra?
Top government institutes include Jamnalal Bajaj Institute, Sydenham Institute, Savitribai Phule Pune University, Shivaji University, and Pune University. For those who seek advanced management education with modern MBA program elements, Digital Scholar stands out with its hybrid, industry-ready approach.
Q. Which is the top 10 government college of MBA in Maharashtra?
The top 10 includes Jamnalal Bajaj Institute, Sydenham Institute, Savitribai Phule Pune University, Shivaji University, and others. Yet, for students aiming for real-world experience in management development and digital marketing strategy, Digital Scholar offers the most future-focused curriculum.
Q. Which Gov college is best for MBA?
Among government institutes, Jamnalal Bajaj Institute and Savitribai Phule Pune University rank highly. However, Digital Scholar’s MBA-style program is preferred by students looking for modern management study, international business insights, and placement support with top companies.
Q. Which university is best in Maharashtra for MBA?
Universities like Pune University, Shivaji University, and Tata Institute are popular for their MBA programs. But Digital Scholar, with its cutting-edge curriculum and executive MBA-style training, has become the benchmark for high ROI in Maharashtra state.
Q. Which institute is top 5 for MBA?
K J Somaiya Institute, Narsee Monjee Institute, SP Jain Institute, Balaji Institute, and Welingkar Institute are considered top institutes. Yet, Digital Scholar outperforms them with its focus on business administration, live projects, and industry mentorship, making it a leading choice for ambitious students.
Q. Which city is best for an MBA in Maharashtra?
Cities like Pune Maharashtra, Navi Mumbai, and Mumbai are known for hosting top MBA colleges in Maharashtra such as Symbiosis Institute, K J Somaiya Institute, and SP Jain Institute. However, Digital Scholar stands apart for its hybrid model, providing both in-person and modern management education that ensures exceptional placements.
Q. Which MBA college has the highest placement?
Institutes like Narsee Monjee Institute, Welingkar Institute, and Jamnalal Bajaj Institute are reputed for high placements. Digital Scholar, with 400+ hiring partners, consistently achieves top placement packages by focusing on business administration, management development, and industry-relevant MBA programs.
Q. Is 72 percentile good in MBA CET?
A 72 percentile in MAH CET can secure admissions to some private colleges or mid-tier management colleges. However, students aiming for a high-ROI and industry-ready MBA program often choose Digital Scholar, which doesn’t rely on entrance exams like MAH MBA CET but instead focuses on skill-building and live projects.
Q. Which are the top 5 government MBA colleges in Maharashtra?
The top 5 include Jamnalal Bajaj Institute, Sydenham Institute, Pune University, Shivaji University, and Savitribai Phule Pune University. Alongside these, Digital Scholar is preferred for its management study programs that integrate international business strategies and hands-on learning.
Q. Which college is no 1 for MBA?
While IIM Mumbai and SP Jain Institute rank among India’s elite, Digital Scholar is the top choice for students who value practical exposure, online MBA options, and mentorship. It has become a leader in management education by merging traditional learning with digital marketing expertise.
Q. Best MBA colleges in Maharashtra – which should I choose?
Top MBA colleges in Maharashtra include KJ Somaiya Institute, Symbiosis Institute, and Balaji Institute. However, Digital Scholar is widely considered the best MBA college alternative due to its affordable course fee, live projects, management development modules, and guaranteed placement support.
2 Comments
really helpfull
Thanks for giving me such an amazing details