Choosing a PGDM college is a huge step for your career. Most schools say they provide a great education, but the real question is can they get you a good job. To help you compare some of the best options in Maharashtra, we’ve looked at placement data, recruiter feedback and alumni success.

We have the top five schools in this list which are JBIMS Mumbai, SIBM Pune, Welingkar Mumbai, BIMM Pune and our very own Mulshi Group of Institutes (MGI). We have included all the key facts you need to know like average and highest salaries, top recruiters and tuition fees.

Using the actual figures, e.g., 100 percent successful placements and an average salary of 8.5 lakh per annum, etc., can help you compare the averages at JBIMS (26.48 lakh p.a. vs. SIBM Pune 26.8 lakh p.a.) so you can choose the correct institution as per your goals, and budget.

Read More: PGDM College in Pune
 

1. MGI (Mulshi Group of Institutes), Pune

Overview

Mulshi Group of Institutes (MGI) located on a Plateau in Sahayadri mountains beside Mulshi Dam has been established by a group, namely "Ignited Minds Society" (Researchers and Managers from IIT/IIM). The quiet ambience in Mulshi would allow students to focus on enabling their studies and developing themselves.

Placement Performance

Placement Statistics:

• Placement Rate: 100% (Summer and Final) since Inception

• Highest Salary Package: 14 LPA

• Average Salary Package: 8.5 LPA

• Previous Batch (2022-24): Highest 20 LPA, Average 8.5 LPA

Sectorwise Placement Distribution (2022-24):

Sector	Percentage
BFSI	42%
Consulting	17%
IT/ITES	14%
FMCG	12%
Engineering	12%
E-Commerce	3%

Top Recruiters

• Aditya Birla Group

• Ernst & Young, Mahindra & Mahindra

• Thermax

• Wipro

• Deloitte

• ICICI Bank

• Bajaj Finserv

• BNY Mellon

• Wipro Tech

• GEP Worldwide

• Polycab

• Kansai Nerolac Paints

• Volvo Eicher

• Shivaji Bank

PGDM Specializations

MGI offers PGDM in 7 specializations:

1. Marketing Management

2. Finance

3. Human Resource Management

4. Supply Chain & Operations Management (SCOM)

5. Retail Management

6. Business Analytics

7. Health Care Management

Institutional Credentials

• AICTE Approved PGDM Program

• #92 in Top 100 B-Schools in India (2023)

• Top 10 B-Schools in West India

• Accredited by Maharashtra Chamber of Commerce, Industries & Agriculture (MCCIA)

• FCIRP Accredited (Focus Consultancy for International Research and Project)

Fee Structure

MIBM Total Fees: ₹9,97,500

• 1st Installment: ₹1,10,000

• 2nd-5th Installment: ₹1,97,500 each

Additional Expenses:

• Processing Fee for Admission: ₹10,000

• Caution Money Deposit : ₹10,000 ( Refundable)

• Placement Fee : Rs. 20,000/- per year

• Alumni Life Membership: Rs. 10,000

Admission Process

Eligibility Criteria:

• Bachelor's degree in any discipline with 50% marks or equivalent CGPA

• Final year bachelor's students can apply (completion by September 30, 2025 required)

Selection Criteria:

• CAT 70 or XAT 50 Percentile & above with minimum 50% marks in graduation

• OR- Academics : 10th - 75% 12th - 75% Graduation - 60% Valid CAT/XAT Score

• Must pass MGI Written Ability Test (WAT)

Selection Weightage:

1. Written Test: 25%

2. Academics: 25%

3. GD & PI: 40%

4. Work Experience: 10%

GD & PI Cities: Delhi, Mumbai, Pune, Bangalore, Chennai, Hyderabad, Kolkata, Chandigarh, Jaipur, Ahmedabad, and 15+ other cities across India

Key Features

• 4 Months Paid Internship potentially leading to Pre-Placement Opportunities

• 5 National & International Conferences annually

• 3 Faculty Development Programmes organized every year

• Faculty with IIT Kharagpur, IIT Bombay, IIM Ahmedabad backgrounds
   

2. JBIMS (Jamnalal Bajaj Institute of Management Studies), Mumbai

Overview

JBIMS is the most prestigious institute among many other management institutes located in Mumbai with an affiliation from the University of Mumbai. JBIMS offers PGDM program which is equivalent to MMS (Master of Management Studies)

Placement Performance

Placement Statistics (2025):

Metric	Value
Highest Package	₹55.60 LPA
Average Package	₹26.48 LPA
Median Package	₹26.15 LPA
Placement Rate	100%

Top Recruiters

• McKinsey

• Deloitte

• Amazon

• P&G

• ITC

• EY

• BCG

• HUL

• Infosys

• ICICI Bank

Institutional Highlights

• Premium brand in Maharashtra

• Highest ROI among Mumbai B-schools

• Strong alumni network

• Located in Churchgate, Mumbai

• Fee: ₹22+ Lakhs for entire program

3. SIBM Pune (Symbiosis Institute of Business Management), Pune

Overview

SIBM Pune is part of Symbiosis International University and is considered one of Pune's top business schools. The institute requires the SNAP entrance exam for admission.

Placement Performance

Placement Statistics:

Metric	Value
Highest Package	₹61 LPA
Average Package	₹26.8 LPA

Top Recruiters: McKinsey, BCG, ITC, EY

Institutional Highlights

• Elite brand in Pune

• Strong corporate connections

• Excellent campus infrastructure

• Fee: ₹20+ Lakhs; Average package ₹25-30 LPA

 

4. Welingkar (Prin. L. N. Welingkar Institute of Management), Mumbai

Overview

Welingkar (WeSchool) offers PGDM programs with multiple specializations including e-Business, Healthcare, Retail & Business Analytics.

Placement Performance

Placement Statistics (2025):

Metric	Value
Highest Domestic Package	₹40 LPA
Highest International Package	₹26 LPA

Institutional Highlights

• Multiple PGDM specializations

• Strong Mumbai location advantage

• Established alumni network

• Industry-aligned curriculum

5. BIMM (Bharati Institute of Management), Pune

Overview

BIMM is one of Pune's established management institutes offering PGDM programs with strong industry connections.

Placement Highlights

• Steady placement growth in recent years

• Strong local industry connections in Pune

• Multiple PGDM specializations available

• Competitive fee structure compared to other Pune institutes

Institutional Position

• Recognized among top PGDM colleges in Pune

• Consistent placement records

• Focus on practical management education
   

Comparison of Top PGDM Colleges in Maharashtra

Institute	Location	Highest Package	Average Package	Fee (Approx.)
MGI	Pune	14 LPA	8.5 LPA	₹9.97 Lakhs
JBIMS	Mumbai	₹55.60 LPA	₹26.48 LPA	₹22+ Lakhs
SIBM Pune	Pune	₹61 LPA	₹26.8 LPA	₹20+ Lakhs
Welingkar	Mumbai	₹40 LPA	₹18-20 LPA	₹12-15 Lakhs
BIMM	Pune	₹15-20 LPA	₹7-9 LPA	₹6-8 Lakhs

 

Read More about Why Choose Mulshi Group of Institutes for PGDM

Why Choose MGI for PGDM

At MGI, we offer several distinct advantages:

1. 100% Career Placement: 100% of graduates have been placed since we opened in 2009, both through summer jobs and permanent employment.

2. The Degree Curriculum: Seven degree programs aligned with the industry standards, providing skills necessary to be successful in business today.

3. Global Alumni Network: 500 alumni located world-wide, including Dubai, Hong Kong, Copenhagen, London UK, and several cities across Australia.

4. Accredited Institution: AICTE and MCCIA accredited, FCIRP accreditation, Ranked #92 of the Top 100 B-Schools in India.

5. Distinguished Faculty: Faculty members with IIT Kharagpur, IIT Bombay, IIM Ahmedabad credentials.

6. Specializations available:  PGDM with Marketing, Finance, HR, Supply Chain Operations Management (SCOM), Retail, Business Analytics & Healthcare Management.

7. Paid Internship: Four-month paid internships that provide students a potential opportunity for a pre-placement.

Admission Timeline for MGI PGDM 2026

Stage	Timeline
Application Opens	January 2026
Last Date for Application	May 2026
GD & PI Rounds	June 2026
Admission Confirmation	July 2026
Academic Commencement	August 2026

Contact MGI for PGDM Admission
 

Address:

Gat No. 237-243, Sambhave, Tal-Mulshi, Pune - 412 108, Maharashtra

Contact Details:

• Phone: 9923810437

• Email: admission@mgi.ac.in

• Website: www.mgi.ac.in

Admissions Office:

Visit our admission office for detailed counseling and campus tour.

FAQs
 

1. How does Mulshi Group of Institutes compare to other institutions in regards to placement?
 

Since its establishment in 2009, the Mulshi Group of Institutes has maintained a high standard of excellence with a placement percentage of 100% for both summer and final internships. On average, the maximum salary offered by various companies equals 14 lakhs, and the average salary is 8.5 lakhs. For the graduating class of 2024, however, the maximum salary was 20 lakhs. This verified placement history gives you a good chance of getting a job after completing your program.
 

2. What are the PGDM specializations available at Mulshi Group of Institutes?

 

Mulshi Group of Institutes offers PGDM in these specializations:

 

• Marketing Management

• Finance

• Human Resource Management

• Supply Chain & Operations Management (SCOM)

• Retail Management

• Business Analytics

• Health Care Management
   

3. What are the admission requirements at Mulshi Group of Institutes?
 

To qualify for the PGDM Program, all applicants must have a Bachelor's degree (any discipline) with a minimum grade point average (GPA) of 50%. All programs require completion of either the Common Admission Test (CAT) or Xenophobia Admission Test (XAT). The registration and/or application process for both tests have a similar requirement for test-takers, i.e. you will need to achieve the required percentile score based on your type of study to gain access to either test.
 

4. What is the total fee charged for completing PGDM from Mulshi Group of Institutes?
 

The total fee charged for a PGDM course through Mulshi Group of Institutes are 9,97,500/- and this can be remitted through Five installments.
 

5. How does the selection process work for PGDM at Mulshi Group of Institutes?

 

The selection process has four parts:

 

• Written Test (25%): You need to take a written test.

• Academics (25%): Your grades are also important.

• GD & PI (40%): You will have a group discussion and a personal interview.

• Work Experience (10%): If you have work experience that counts too.

 

The Mulshi Group of Institutes conducts these interviews in cities across India. You need to do all these parts to get selected for the PGDM program, at Mulshi Group of Institutes.