Top MBA Colleges In Maharashtra

According to the OnlyEducation MBA rankings 2025, the top Management Colleges in Maharashtra are SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, and JBIMS Mumbai. SPJIMR Mumbai secured the top spot with an OE Score of 1682 (out of 2000) and an OE Placement score of 949.5 (out of 1000). It was closely followed by IIM Mumbai, the second most popular institute, which achieved an OE Score of 1680 (out of 2000) and an OE Placement Score of 949.5 (out of 1000). The OE Score is calculated by combining academic and placement performance. Academic scores are determined using state/all-India entrance exam cutoffs, student reviews, NAAC accreditations, and agency rankings. Placement Scores are derived from the average package, median package, and the total number of students placed by the college.

Among the 1106 Management colleges in the state, SPJIMR Mumbai, IIM Mumbai, and TISS Mumbai are considered the best for the MBA Course in Maharashtra. The average course fee for Management colleges in Maharashtra varies widely, ranging from INR 77 K to INR 38.35 Lakh. Based on the latest statistics, the average package at top Management colleges in Maharashtra falls between INR 20 LPA and INR 36.29 LPA. Major entrance exams accepted by these top institutions include CAT, XAT, NMAT, and SNAP. Furthermore, the latest NIRF 2025 report ranks IIM Mumbai as the top Management college in the state (6th in India), with SIBM Mumbai following at 11th in India.

Top 10 Management Colleges in Maharashtra

SPJIMR Mumbai, IIM Mumbai, and TISS Mumbai are the top Management Colleges in Maharashtra. The total course fee ranges from INR 77 K (TISS Mumbai) to INR 38.35 Lakh (SPJSGM Mumbai). In the table below, we have compiled the Top Management Colleges in Maharashtra, along with their fee structures, Median Package, Cutoff, and Locality.

Best Government Management Colleges in Maharashtra

IIM Mumbai stood in 1st place with total course fees of INR 21 Lakh and followed by SJMSOM Mumbai with average course fees of INR 14.27 Lakh. In the table below, we have listed the top 10 Management Colleges of Maharashtra along with details regarding the College Name, Locality, Median Package, and Total Course Fees.

Best Private Management Colleges in Maharashtra

SPJIMR Mumbai, with course fees of INR 26.5 Lakh, stood in first place and followed by TISS Mumbai with course fees of INR 77 K. We have listed the top 10 private Management Colleges in the table below, along with the details regarding the fee structure, Median Package, and Locality.

Top Specialisations offered by Management Colleges in Maharashtra

General is the most popular field offered by Management colleges in Maharashtra. The other popular specializations offered are Finance, Marketing, and Operations MBA. The table below shows the list of the top specializations offered by Management Colleges in Maharashtra.