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Top MBA / Management Colleges in Maharashtra 2026

Ranked by NIRF India Rankings 2025 14 Colleges
According to NIRF 2025, Maharashtra has 9 individually ranked MBA / Management colleges and 5 more in rank-bands (101–300). Indian Institute of Management, Mumbai is the top MBA / Management college in Maharashtra (national rank #6). Cities include Mumbai (6), Nagpur (2), Pune (1).
9 In India's Top 100
9 Individually Ranked
5 In Rank Bands
#6 Best Rank (National)
77.58 Highest NIRF Score
India # vs 2024 College City Score TLR RPC GO OI PR
6 Indian Institute of Management, Mumbai Mumbai Mumbai 77.58 85.2 60.2 99.8 78.0 62.0
11 ▲2 Symbiosis Institute of Business Management Pune Pune 67.90 78.5 51.7 94.6 61.9 37.4
14 ▼4 Indian Institute of Technology Bombay Mumbai Mumbai 65.82 74.1 65.0 77.0 52.4 34.6
20 S. P. Jain Institute of Management and Research Mumbai Mumbai 62.06 79.6 32.1 98.8 67.6 20.2
24 ▼3 SVKM`s Narsee Monjee Institute of Management Studies Mumbai Mumbai 60.99 78.2 30.8 93.0 77.2 19.6
25 ▲6 Indian Institute of Management Nagpur Nagpur 60.88 73.6 34.9 87.0 74.7 34.6
65 NEW K.J.Somaiya Institute of Management Mumbai Mumbai 51.28 70.7 20.2 82.9 66.9 7.7
75 ▲9 Prin. L.N. Welingkar Institute of Management Development and Research (PGDM) Mumbai Mumbai 49.08 69.3 13.8 81.8 62.1 16.0
99 NEW Institute of Management Technology, Nagpur Nagpur Nagpur 44.93 70.9 10.3 65.4 74.0 1.0

Score colour key: ≥70 strong 35–70 moderate <35 low  · TLR = Teaching & Learning, RPC = Research, GO = Graduation Outcomes, OI = Outreach, PR = Perception

Ranked colleges by city: Mumbai (6)  ·  Nagpur (2)  ·  Pune (1)

Maharashtra MBA / Management Colleges in Rank Bands

These colleges appear in NIRF 2025 but are not assigned individual ranks — they fall within the following rank bands. Scores are not published for band colleges.

Rank 101-125
  • Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development Pune
  • National Institute of Bank Management Pune
  • Pune Institute of Business Management Pune
  • Pune Institute of Business Management for PGDM (PIBM PGDM) PUNE
  • Sri Balaji University, Pune Pune

Present in NIRF 2024, Absent from NIRF 2025

  • K J Somaiya Institute of Management Studies and Research (was rank/band 63)

These colleges participated in NIRF 2024 but did not submit data or qualify for NIRF 2025. This does not necessarily mean the college has closed or declined — participation is voluntary.

How to Use This List

  • The India # column shows the college's national rank among all MBA / Management colleges — useful for comparing Maharashtra colleges against the national best.
  • The ▲/▼ vs 2024 column shows rank improvement or decline compared to NIRF 2024. A rising college often signals improving quality.
  • Rank-band colleges (if listed above) are ranked somewhere within that band nationally — they are accredited but NIRF does not release individual ranks for them.
  • Use NIRF score rather than rank alone to compare close-ranked colleges — a difference of 1 rank can mean just 0.1 score points.
  • NIRF rankings reflect academic quality and research output. For placement records, fee structure, and campus facilities, refer to the college's official website and NIRF disclosure reports at nirfindia.org.
Admission route for MBA / Management colleges in Maharashtra: MAH-CET (state quota) · CAT/XAT/MAT (national B-schools)

There are 9 individually NIRF-ranked MBA / Management colleges in Maharashtra as per NIRF 2025. Indian Institute of Management, Mumbai is the best MBA / Management college in Maharashtra with a national rank of #6 and a score of 77.58. The table below shows all MBA / Management colleges in Maharashtra, ranked by their national NIRF position, with score and rank movement (▲/▼) compared to NIRF 2024. Colleges in rank-bands (101–300) are listed separately below the main table.

Frequently Asked Questions

Which is the best MBA / Management college in Maharashtra in 2026?

As per NIRF 2025, Indian Institute of Management, Mumbai is the top-ranked — and best — MBA / Management college in Maharashtra with a national rank of #6 and a score of 77.58.

How many MBA / Management colleges in Maharashtra are NIRF ranked?

9 MBA / Management colleges in Maharashtra appear individually in the NIRF 2025 national rankings. Additional colleges may appear in rank-bands (101–300) — see the rank-band section on this page.

What is the NIRF score of the top MBA / Management college in Maharashtra?

Indian Institute of Management, Mumbai (national rank #6) has an NIRF 2025 score of 77.58 out of 100. The parameter scores (TLR, RPC, GO, OI, PR) are shown in the table.

Are Maharashtra MBA / Management colleges better ranked than other states?

Rankings vary by stream and state. The national rank in the table shows each college's position among all MBA / Management institutions in India. States like Tamil Nadu, Karnataka, Maharashtra and Telangana typically have more top-ranked colleges in engineering.

What does it mean if a MBA / Management college is in a rank band (101–150, 151–200, 201–300)?

NIRF places colleges with very similar scores in bands rather than individual ranks — a rank-band college is ranked within that range but not given a specific position. These are still among the top MBA / Management institutions in India and appear below the individually ranked table on this page.

Which MBA / Management colleges in Maharashtra improved their NIRF rank in 2025?

Colleges with a ▲ (green arrow) in the rank change column improved their position compared to NIRF 2024. The number shows by how many positions they moved up. Colleges with ▼ dropped in rank.

How is the NIRF score calculated for MBA / Management colleges?

NIRF evaluates colleges on five parameters: Teaching, Learning & Resources (TLR); Research & Professional Practice (RPC); Graduation Outcomes (GO); Outreach & Inclusivity (OI); and Perception (PR). Each parameter is scored and weighted to give a final score out of 100. The individual parameter scores for each college in Maharashtra are shown in the ranking table above.

What entrance exam is needed for MBA / Management colleges in Maharashtra?

Admission to top MBA / Management colleges in Maharashtra is typically through national entrance exams as well as state-level tests. Check the admission guide at the bottom of this page for Maharashtra-specific entrance exam information.

Last updated: July 2026 · Source: NIRF India Rankings 2025, Ministry of Education, Govt. of India. Rankings are labeled 2026 for current relevance; data is from NIRF 2025 with rank comparison to NIRF 2024.