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Top 4 Management Colleges In Pune In 2024: Decisive Insights

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Kamaldeep

12 June, 2024

Top 4 Management Colleges In Pune In 2024: Decisive Insights

Is MBA still relevant in India in 2024? This is one of the most prominent questions today’s graduates are asking. If we make it a one-liner version, “It is very much relevant.” According to Statista reports, employment of MBA graduates has shot up to 71%, the highest in the last three years. It was 47% in 2021.

But you must find all the right reasons to do an MBA. One of the primary reasons is to add a prestigious college name to your portfolio to give you long-term benefits in your career.

When discussing the top MBA colleges in India, we cannot miss out on Pune. But Why choose Pune for an MBA Degree? Pune is “the academic hub of India” known for its diverse specialisation courses, experienced teams of faculties, premier campuses, and vast placement opportunities. Top MBA colleges in Pune can add value to your professional journey and make your career future-ready.

If you are wondering how I could choose the right MBA college, this blog is for you. Let’s find out which top management colleges in Pune you should consider in 2024.

List of Best Management Colleges in Pune

Sl# College
1 Symbiosis Institute Of Business Management (SIBM)
2 Institute of Management and Entrepreneurship Development (IMED), Pune
3 Pune Institute of Business Management (PIBM)
4 Indian Institute of Management (IIM) Nagpur

1. Symbiosis Institute Of Business Management (SIBM)

Symbiosis Institute of Business Management (SIBM) is among the top Management Colleges in Pune under the flagship institute of Symbiosis International University. It is one of the top MBA colleges in Pune that is recognised for its academic excellence and industry-focused curriculum.

The university is UGC-approved, accredited with an A+ grade by NAAC, and a member of the EFMD & EFMD Global network. It has consistently been ranked as one of the top 10 B-Schools in India. SIBM is ranked 17th by NIRF 2023 in the management category and 3rd among the private B-schools in India.

Outlook- ICARE has ranked SIBM, Pune 2nd in India’s best MBA Colleges in Pune 2024 Rankings. Furthermore, IIRF has ranked SIBM Pune 4th out of 110 colleges in India 2024, and the Times of India has ranked the B-school 3rd out of 100 in India 2024. If you think Which college is best for MBA placement in Pune? Then, SIBM, Pune stands out for the diversity of programs it offers students and its commitment to providing a holistic learning environment.

Programs Offered By Symbiosis Institute Of Business Management (SIBM), Pune

Symbiosis Institute of Business Management offers some of the top MBA Programs in India. It includes programs that benefit both freshers and working professionals. The MBA programs offered by Symbiosis Institute of Business are as follows:

  • A 2-year full-time MBA programme with options to specialise in various management domains such as Marketing, Finance, Operations and Supply Chain Management, Human Resources and Data Analytics. (Admissions through SNAP)

  • A 2-year full-time MBA programme in Innovation and Entrepreneurship (Admissions through SNAP)

  • A 2-year fully residential MBA programme in Leadership and Strategy. (Admissions through SNAP)

  • Executive MBA programme for working professionals is offered on weekends.

  • Management Development Programmes for corporates are based on the needs and requirements of corporate organisations.

SIBM, Pune At A Glance

SIBM is one of the top Management Colleges in Pune, offering a wide range of MBA programs with specialisations. The SIBM table helps you navigate through all the details about the college—the SIBM MBA program, duration, courses, admission, MBA Specialisations, and SIBM MBA Fees.

Course Offered Regular MBA
College Type Private
Duration of program 2 Years
Mode of Study Offline
Specialisations Offered   – Marketing
– Human Resource
– Finance
– Operations and supply chain Management
– Data Analytics
Eligibility Criteria Graduate from any recognised university, with a minimum of 50% Marks or equivalent grade.
(and a minimum of 45% for SC/ST)
Online Application Fee INR 1000/- (plus G.S.T)
Selection Process Symbiosis National Aptitude (SNAP) Test
Group Exercise & Personal Interview (GE – PI)
Regular MBA Fees  INR 24,59,000
NIRF Ranking 17 (Under Management Category)
NAAC Accreditation A++ Grade
IIRF Ranking (2024) 4th Among Private Colleges
The Outlook Ranking (2024)  6th Out of 200 in India
The Times of India Ranking (2024) 3rd Out of 100 in India

 

Do You Know?
Symbiosis Institute of Business Management is one of the top 10 private MBA colleges in Pune, and it has ties with the top global recruiters.

2. Institute of Management and Entrepreneurship Development (IMED) By Bharthi Vidyapeeth, Pune

The Institute of Management and Entrepreneurship Development (IMED), Pune, established by Bharti Vidyapeeth in 1978  is one of the top Management Colleges in Pune that offers regular MBA programmes to its students. Over the years, IMED has been recognised as one of the top MBA colleges in India in various MBA program ranking lists due to its academic curriculum and A-listed Faculty.

The university is recognised by UGC, awarded Grade A by the Ministry of HRD Govt. of India and re-accredited with Grade A+ by NAAC. Since 2016, IMED has been participating in NIRF Rankings, and it has proven to be one of the top MBA colleges in Pune by consistently bagging high rankings. IMED ranks 101 out of 125 by NIRF Rankings in India and 54 out of 110 management colleges in India by IIRF Rakings 2024.

For the last consecutive 6 years, IMED has ranked in the top 75 B-Schools in India. The institution’s consistently high ratings over various platforms testify to its state-of-the-art infrastructure, academic excellence, and outstanding performance.

Programmes Offered By the Institute of Management and Entrepreneurship Development (IMED)

Institute of Management and Entrepreneurship Development is considered the best college for MBA placement in Pune. It offers a variety of MBA programs.

  • A 2-year full-time MBA Postgraduate Programme for respective locations: Pune Erandwane / New Delhi / Navi Mumbai / Karad / Sangli / Bharati Vidyapeeth Bhavan, Pune / Kolhapur / Solapur

  • Candidates can specialise their MBA in Human Resources (MBA-HR), Information Technology (MBA-IT), Biotechnology (MBA-BT), or Business Analytics (MBA-BA).

  • A 2-year full-time MBA – HR Postgraduate Programme for respective locations: Pune Erandwane / Bharati Vidyapeeth Bhavan, Pune

  • A 2- year Distance Online MBA – (Master of Business Administration)

  • A 2- year Distance Online MBA – HR (Master of Business Administration)

IMED (Bharti Vidyapeeth) At a Glance

Institute of Management and Entrepreneurship Development (IMED) is one of the  top management colleges in Pune. According to NIRK rankings, IMED ranks 101 out of the top 125 in India and holds many accreditations. It offers a wide variety of MBA specialisation courses. Let’s have a sneak peek at the details of pursuing an MBA.

Course Offered Regular MBA and Distance MBA
College Type Private
Duration of Program 2 Years
Mode of Study Offline (Regular MBA), Online (Distance MBA)
Specialisation Offered  – Human Resources (HR)
– Information Technology (IT)
– Biotechnology (MBA-BT)
– Business Analytics (MBA-BA)
– International Business Management
– Retail Management
Eligibility Criteria Graduate from any recognised university with a minimum of 50% Marks or equivalent grade.
(and a minimum of 45% for SC/ST)
Online Application Fee INR 2000/- (Non-refundable)
Selection Process All India Common Entrance Test conducted by the Bharati Vidyapeeth (Deemed to be University) – BMAT
Regular MBA Fees INR 2,50,000
Online Distance Fees INR 1,60,000.00
NIRF Ranking 101 out of  125 in India
NAAC Accreditation Grade A+
IIRF Rankings 54 out of 115 in India

3. Pune Institute of Business Management (PIBM)

Founded in 2007 and affiliated with Savitribai Phule University, Pune Institute of Business Management is regarded as one of the leading B-schools in India that offers PG courses in management. The institution is known for its advanced training pedagogies & curriculum, corporate training and strong placement opportunities.

The university is UGC-recognised, accredited, and ranked by NBA, NAAC, AIU, AACSB, and NIRF. In addition, PIBM is also ranked 55 out of the top 100 in India by “The Times of India” rankings and 76 out of 200 in India by “Outlook” rankings. It is a top-tier management institute that has bagged the title of one of the top B-schools in India in the west zone by Times B-School Survey 2023.

PIBM has strong associations with industry-leading recruiters and corporate heads. It also has a strong alumni base of 7,500+ students placed in top companies and organisations who actively contribute to the global business landscape.

Programmes Offered By Pune Institute Of Business Management (PIBM)

  • A 2-year full-time MBA Postgraduate Programme with options to specialise in Marketing, Finance, Human Resources, Agribusiness (minor), Operations (minor), Analytics (minor)

  • MBA in Project Management – Postgraduate Programme

  • MBA in FinTech – Postgraduate Programme

  • PGDM Hybrid Program – Advanced Blended Learning with specialisations offered in Finance, Marketing, Business Analytics

  • Joint Degree Program ( PGDM + MBA) with specialisations offered in Finance, Marketing, Human Resource, Business Analytics, and Operations

PIBM (Pune Institute of Business Management) At a Glance

Courses Offered  – Regular MBA
– PGDM Hybrid Program
– MBA in Project Management
– MBA in FinTech
– Joint Degree Program (PGDM + MBA)
College Type Private
Duration 2 – Years
Mode of Study Regular MBA (offline)
PGDM Hybrid Program (Online + Offline)
Specialisation Offered
(Regular MBA)
 – Marketing,
– Finance,
– Human Resources
– Agribusiness (minor),
– Operations (minor)
– Analytics (minor)
Eligibility Criteria (For Regular MBA) Graduate from any recognised university, with a minimum of 50% Marks or equivalent grade.
Application Fee  INR 1000/- (Send a D.D)
Selection Process Selection to PIBM Management Programs is based on:
• Aptitude Test (accept test scores of (CAT / XAT / MAT / CMAT / ATMA / PMAT)
• Group Discussion
• Personal Interview
• Written Test
MBA Program Fee (Regular MBA) INR 11,85,000
Recognised By  UGC
Accredited By NBA, NAAC, AIU, AACSB and NIRF

4. Indian Institute of Management (IIM) Nagpur

IIM Nagpur is one of the prestigious and renowned management institutes in India under the mentorship of IIM Ahmedabad. Established in 2015, this institute is a recent addition to the IIM family and also a member of The Association to Advance Collegiate Schools of Business (AACSB).

IIM Nagpur was ranked 43 among business/management schools in India by the National Institutional Ranking Framework (NIRF) in 2022. It has consistently ranked in the top 50 MBA institutes in the country for the last 3 years.

The Institute offers a wide variety of courses PG, PhD, and various other programs across management. It has a main campus in Nagpur and also a campus in Pune. MBA is the flagship program of IIM Nagpur that emphasises interactive learning, leadership development, and practical experiences.

Programmes Offered By Indian Institute of Management (IIM) Nagpur

  • Regular MBA Programme: A two-year full-time residential Post Graduate Programme in Management (PGP).
  • Executive MBA Programme: A two-year full-time Executive MBA Program (previously termed as the MBA program for working professionals). This MBA program typically has timings on weekdays/weekend evenings for over 2 years, so that working professionals can have their post-graduate degree without any interruption.
Courses Offered  – Regular MBA
– Executive MBA
College Type Government College
Duration 2 – Years
Mode of Study Offline (Regular MBA)
Online (Executive MBA)
Application Fee INR 1000/-
Selection Process CAT Score
Personal Interview (PI)
MBA Program Fee (Regular MBA) INR 18,90,000 (Excluding a refundable deposit of Rs 50,000)
For SAARC countries: USD 24,000+
Other Countries: USD 30,000
NAAC Accreditation Grade A+
Outlook Rankings 19th
Business Today Rankings 24th
NIRF Ranking 43rd

Wrapping It Up…

Candidates choose to study MBA to fulfil their long-term career goals, so It is important that in which institute you plan to invest your 2 years of MBA program. This blog shares a complete guide about the top 4 management colleges in Pune that stand out due to their state-of-the-art infrastructure, learning flexibility, industry-focused course curriculum and robust placement drive.

Frequently Asked Questions

Q1. Does SIBM Pune accept the CAT score?

No, SIBM does not accept the CAT score. The accepted entrance exam for SIBM is SNAP. A candidate willing to pursue an MBA/PGDM should have a bachelor’s degree with a minimum aggregate of 50%.

Q2.  Is SIBM Pune hard to get?

Yes, admission to Symbiosis Institute of Business Management is hard due to the high competition among the aspirants. You need to score well in the Symbiosis National Aptitude Test (SNAP) to get selected.

Q3.  What is the salary package for IIM Nagpur MBA?

According to placement reports of 2023, the highest package offered in IIM Nagpur placements 2023 was INR 64 LPA.

Q4.  How is PIBM Pune for an MBA? What is the placement scenario in PIBM?

Pursuing an MBA postgraduate degree program from PIBM is a smart choice for MBA aspirants. Candidates graduating from PIBM, get high-paying jobs. According to the reports of the 2023 placement drive, the average salary package is INR 9.50 LPA while the highest package is INR 18 LPA.

Q5.  How do I choose the right MBA college?

There are many top management colleges in Pune. Factors to consider while selecting the top MBA colleges are as follows:

  • NIRF and Other Rankings

  • Faculty Expertise

  • Industry-driven curriculum

  • MBA Specialisations

  • Low MBA program fees

  • Campus Infrastructure

  • Alumni Network

Q6. Why choose Pune for MBA?

Pune is known to be the Oxford of the East and the first choice for candidates to pursue MBA and PGDM programs. Pune has wide academic options, top MBA colleges, and a big job market that offers top-tier and high-paying jobs.

Q7. Which college is best for MBA placement in Pune?

When it comes to choosing the best college for MBA placement in Pune, there is one option to pick. Some of the top B-Schools in Pune in terms of academics, faculty, and placements are as follows:

  • Symbiosis Institute of Business Management

  • Pune Institute of Business Management

  • IIM Nagpur

  • Dr D.Y Patil Institute of Management

Q8. What is the Eligibility for MBA in Pune?

To pursue an MBA program in Pune, one needs to be a graduate from a recognised college/ university and have a minimum of 50% aggregate in an undergraduate degree. For reserved categories, there should be a minimum aggregate of 45%.

Q9. What is the cost of an MBA in Pune?

There are around 240 best MBA colleges in Pune and the cost of pursuing an MBA in Pune typically ranges between 2.5 lakhs to 24 lakhs.


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