11 Cheapest Colleges to Study MBA in Pune

11 Cheapest Colleges to Study MBA in Pune

MBA (Master of Business Administration) is one of the most sought-after courses in India. With increasing demands for undergraduates and postgraduates who can not only efficiently understand and analyze the current needs of the market but also are able to grow and evolve a business, many top cheap MBA colleges in Pune have come up with good quality MBA courses at affordable fees. When it comes to quality education combined with affordability, Pune is a great option to consider. Students can pursue Business Analytics and General Management specialization. Generally, the top-notch institutes are not budget-friendly for middle-class families and thus, there exist many established top MBA colleges in Pune that have had students with outstanding careers and have happened to be a gateway to many opportunities. Here, in this article we will discuss the best colleges to study MBA in Pune.

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Why You Should Think About Top Cheap MBA Colleges in Pune

Being one of the most popular postgraduate degrees in the country, MBA course in the prominent business schools such as IIMs, XLRI, MDI, and NMIMS is not affordable to most of the students. Some of these courses are designed keeping in mind the littlest of the details ensuring the complete development of a student so that he/she is capable of critical analysis, teamwork, leadership, and much more. When it comes to affordability, there are many government colleges in Pune which prove to be an amazing platform. Enrolling in any of these colleges will open the door for a successful career in the field of business administration. These colleges not only provide the quality education as many top-notch institutes such as IIMs but also are affordable for the students with the financially weaker backgrounds.

Some of the top cheap MBA colleges in Pune are spread across the city so that it is convenient for the students to opt for one and they don’t have to shift across cities and states to find one.

Popular MBA Examinations

CAT

MAT

GMAT

CMAT

XAT

NMAT

ATMA

MAH CET

MBA Eligibility Criteria

To secure admission in any of the prominent business schools in Pune, there is an eligibility criterion that is generally the same for the institutes. Some of the best MBA colleges in Pune might add or remove a point or two according to their policies. However, the common point is that the candidate must graduate in any discipline before proceeding for an MBA degree. The general eligibility criteria to get admission into any of the top cheap MBA colleges in Pune is given below: -

  • The students must have completed their education in the 10+2+3 pattern or in the 10+2+4 pattern.

  • Candidates must have scored a minimum of 50% aggregate marks (45% for reserved categories) in their undergraduate final degree scorecard.

  • Final year students are also eligible to apply.

  • Candidates who have completed their undergraduate and postgraduate education from an open university or through correspondence must have done so from the universities which are recognized by the law. Also, they are exempted from the above pattern. Their degree program should be of 3+2 years.

Browse Colleges - List of MBA colleges with Fees

Here is a list of top MBA colleges in Pune, along with their course fees and placement packages offered to their students: -

Name of the college

Course fees

(in Rs.)

PUMBA Pune

Rs. 1.29 lakhs

MITCON Institute of Management

Rs. 4.75 lakhs

AISSMS Institute of Management, Pune

Rs. 2.30 lakhs

Bharati Vidyapeeth, Pune

Rs. 3.50 lakhs

Dr. D.Y. Patil Institute of Management and Entrepreneur

Rs. 1.43 lakhs

Sankalp Business School, Pune

Rs. 1.46 lakhs

Institute of Science’s Institute of Business Management & Research

Rs. 1.52 lakhs

Indsearch, Pune

Rs. 2.19 lakhs

Trinity Institute of Management and Research

Rs. 1.56 lakhs

Matrix Business School, Pune

Rs. 1.60 lakhs

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Steps for Admission

While applying for MBA in popular colleges in Pune, the student must keep in mind the eligibility criteria and ensure that they satisfy all the points mentioned under the same. If at any stage, any discrepancy is found in any of the information provided by the candidate, then the candidature will be cancelled. Besides, aspirants must also follow the common admission steps for top cheap MBA colleges in Pune is given below: -

  • First of all, select the branch of MBA you want to pursue such as Marketing, Finance, International Business, Human Resources, etc.

  • Decide on the course mode you want to take i.e., regular mode, online mode, or distance education mode.

  • Check for the CGPA requirement in the institute you wish to take admission in and score accordingly.

  • Appear for the entrance exams such as CAT, XAT, SNAP, CMAT, IIFT, or any suitable test whose scores are accepted by the college.

  • Create a good CV/ resume and mention all your previous achievements and educational qualifications.

  • Prepare for the selection process. If your name features in the merit list, complete the admission formalities and pay the course fees.

Popular MBA Colleges in India

Great Lakes Chennai

IPE Hyderabad

ICFAI University Dehradun

ICFAI University Jaipur

IMT Ghaziabad

SDMIMD

TAPMI

XIDAS, Jabalpur

Xavier Business School, Kolkata

KIAMS, Pune

Placement and Average Salary

MBA is one of the commonly pursued professional courses which can provide a good amount of salary after graduation. Here in this below table, we have mentioned a list of MBA colleges to study MBA in Pune which offers placements.

Name of the college

Average/Median Salary (in Rs.)

PUMBA Pune

-

MITCON Institute of Management

-

AISSMS Institute of Management, Pune

Rs. 5.16 lakhs

Bharati Vidyapeeth, Pune

-

Dr. D.Y. Patil Institute of Management and Entrepreneur

-

Sankalp Business School, Pune

-

Institute of Science’s Institute of Business Management & Research

Rs. 3.50 lakhs

Indsearch, Pune

Trinity Institute of Management and Research

-

Matrix Business School, Pune

-

Popular MBA Specializations

Mentioned below are some of the most popular MBA specializations that are becoming increasingly popular with candidates pursuing this post-graduate program in top MBA colleges in Pune.

MBA in Marketing Management

MBA in Information Technology

MBA in Banking and Finance

MBA in Healthcare Management

MBA in Communication and Media Management

MBA in General Management

MBA in International Business

MBA in Agriculture Business Management

MBA in Finance

MBA in Business Analytics

Low Rankings: Top MBA colleges in Pune

There exist a huge number of prominent institutes in Pune accepting students with low ranks in the entrance exams. Given below is the list for the same:

Name of College

Ranking/Rating

Arihant Institute of Management

-

MIT College of Management, Pune

-

MIT SOB Pune - MIT School of Business

-

NBN Sinhgad Technical Institutes Campus, Ambegaon

-

SIOM Pune - Sinhgad Institute of Management

-

SIBAR Pune - Sinhgad Institute of Business Administration and Research

SIMC Pune - Symbiosis Institute of Media and Communication

-

Lexicon MILE Pune - Lexicon Institute of Management Education

-

IIMS Pune

-

MITSOM Pune - MIT School of Management

-