Pune has become the Capital for Management Education in India, in both a gentle (and in many cases) loud way. Pune welcomes numerous traditional universities that provide MBA and PGDM courses in addition to numerous privately run B-schools and institutes based in industries. MBA and PGDM candidates from every part of India travel to Pune each year because they want to use the region's educational resources. Let’s take a look at the PGDM colleges in Pune that are worth your attention:
Why Pune Is a Top Choice for PGDM in 2026
Pune offers a rare combination:
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Proximity to IT, manufacturing, auto, BFSI, pharma, and startup hubs
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Strong corporate–academia collaboration
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Lower cost of living compared to Mumbai
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A vibrant student ecosystem with serious career exposure
For students who want skills + placements + ROI, Pune makes strategic sense.
Read More: Top P.G.D.M Colleges in Maharashtra 2026
Top PGDM Colleges in Pune
Mulshi Group of Institutes (MGI), Pune
If you're comparing PGDM colleges in Pune, MGI stands out for combining industry exposure, practical learning and a campus experience that goes beyond regular classroom teaching.
MGI Overview
Located in Mulshi, Pune, Mulshi Group of Institute is promoted by the Ignited Minds Society, supported by academicians, researchers and managers with IIT and IIM backgrounds. It has 15+ years of experience and runs MIBM and MIRM with AICTE-approved PGDM programmes.
Fees
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PGDM Fees: ₹6–7 lakh for the full programme
Admission
MGI accepts:
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CAT
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XAT
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CMAT
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MAT
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ATMA
Placements & Industry Exposure
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₹9 LPA average package
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₹30 LPA highest package
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400+ companies visiting
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28% students receiving more than one offer
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Recruiters include HUL, BNY Mellon, Bajaj Allianz, Adani Wilmar and GEP Worldwide.
What Makes MGI Stand Out
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100% placement record for summer and final placements since inception, as stated by MIBM.
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HR Share, a national-level HR conference bringing students into contact with senior industry professionals.
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Orientation programmes, alumni interactions, workshops and industry-led events form part of student life.
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500+ alumni and work-integrated learning with leading organisations.
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A residential campus overlooking Mulshi Dam, offering a focused learning environment.
For students looking at PGDM colleges in Pune, this mix of measurable placement outcomes and hands-on industry exposure makes MGI a particularly compelling choice.
Check Out: PGDM Fees in pune
EIILM Pune
EIILM Pune has a pretty practical, pathway-led management programme, and it connects with its Kolkata network too. During admissions it takes in students through multiple management entrance exams, so there’s a bit more freedom, not only one route sort of thing.
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Best for: Students who are looking at a mid-range MBA or PGDM option, with flexible admission routes
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USPs: Kolkata network, several entrance-exam choices, and access to some national recruiters
IMDR Pune
IMDR Pune has a long 50-year legacy and a fairly steady recruiter network. It also offers a broad menu of specialisations, which makes it simpler for students to lock in a niche that actually matches their future plans
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Best for: Students who prefer an experienced institute, without paying those premium B-school kind of fees
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USPs: Among Pune’s older management institutes, wide specialisations and focus areas like entrepreneurship, international trade, agri-business and business technology
RIIM Pune
RIIM Pune leans into a corporate-style training approach, industry-first, and hands-on. With 200+ reported recruiters and proximity to Pune’s Hinjewadi employment corridor, it suits people chasing corporate exposure early
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Best for: Students aiming for BFSI, IT services and more corporate-facing roles
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USPs: Corporate training, 200+ recruiters, real industry exposure and a location near Hinjewadi
IIMS Pune
IIMS Pune kind of stands out , mainly because of its Hinjewadi location and the pretty strong corporate links you see across BFSI, IT, retail and e-commerce. And yeah , its flagship PGDM is also reported to have NBA accreditation, which sounds good on paper.
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Best for: students who are ok with a higher fee, and who are hunting for better placement potential.
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USPs: NBA-accredited PGDM, that corporate location , reported strong average package, plus wide industry connections.
Lexicon MILE
Lexicon MILE feels like a more modern , emerging B-school with a contemporary campus and a recruiter base that keeps getting bigger. It seems to lean more towards infrastructure, and industry relevance, rather than sticking to legacy ways.
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Best for: students who really care about a modern campus, and also want a well-rounded mid-range management programme.
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USPs: Contemporary infrastructure, student-friendly campus experience, and a growing placement network.
MIBM Pune
MIBM Pune is probably one of the more pocket-friendly picks on this list. MBA fees are around ₹2.3–2.5 lakh, and the central Shivajinagar placement is convenient too, like day-to-day.
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Best for: students who want to keep their MBA investment as low as possible, basically.
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USPs: Affordable fees, central location, and support from Progressive Education Society.
ISMS Pune
The university targets on gaining its students international training, obtaining relevant certifications and practical knowledge about their future workplace, which contributes to its 100% placement record of students in more than 250 companies all over the world.
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Best for: Those seeking to gain international experience and obtain certifications in management.
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USPs: Numerous international certificates, 250 companies that hire students, 100% placement rate.
MITCON
MITCON uses a unique approach, that is more than just usual management training, but focuses rather extensively on agri-business management and pharmaceutical management.
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Best for: Those who already wish to take the career path in agriculture, pharmaceuticals or similar industries.
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USPs: Specialisation in industries that other universities do not concentrate on and moderate fees.
AISSMS
This institution provides students with a normal, but cheap MBA opportunity thanks to its affiliation with SPPU.
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Best for: Those seeking affordable, according to the academic standards, MBA degree.
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USPs: Beneficial affiliation, advantageous location and wallet-friendly fees.
PBS
Pune Business School seems to get a nice boost from its tie-up with the PCET group and the whole Pimpri-Chinchwad industrial ecosystem. The location is also quite handy for students who are looking at manufacturing and IT opportunities, like generally where work is actually happening.
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Best for: Students planning to work in the PCMC industrial belt
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USPs: PCET backing, access to the PCMC ecosystem and a recruiter network that keeps growing.
IndSearch
IndSearch goes with affordable fees but also keeps a sort of legacy autonomous-institute identity. The finance and accounting orientation matters a lot , especially for students who want roles that are very number-driven in business.
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Best for: Students seeking a low-cost programme with a finance, accounting, marketing or operations focus
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USPs: Affordable fees , autonomous positioning, and relevance to finance and accounting careers.
Indira Institute of Management, Pune
Indira Institute sits within the bigger Indira University ecosystem so it ends up with stronger brand visibility across western Maharashtra. It also runs varied programmes, including a more focused PGDM in Digital Marketing.
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Best for: Students who want more programme choices, plus practical industry exposure
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USPs: Indira University ecosystem, digital marketing specialisation, internships, live projects and industry interaction.
S. B. Patil Institute of Management
The S.B. Patil Institute of Management supplies students with the ideal environment for cultivating their management-related knowledge. Its close proximity to the industrial corridor makes it the desirable choice for students who are in search of their first job in operations and manufacturing.
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Best for: students who are looking for affordable MBA programs in PCMC.
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Unique selling propositions: Location at Nigdi/PCMC, easily accessible manufacturing companies, and placement percentage of more than 90% in certain years, with the highest annual salary reaching ₹12 LPA.
Sankalp Business School
Sankalp Business School proposes different levels of studies that will suit both students willing to pay that much for studies, as well as students who would prefer cheap retraining programs. The lowest level of studies offered by the school is aimed at people who want to get a degree and a job with larger salary expectations.
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Best for: students ready to take either a low-priced cheap MBA or a higher-priced retraining program,
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Unique selling propositions: different programs and levels of study,
Siddhant Institute
This low-priced and locally based institute is situated not far from Old Pune – Mumbai Highway. The location and studies offered by the college should attract those people
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Best for: Students looking for an affordable, regional MBA option.
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USPs: Low fees, industrial-fringe location and relevance to local operations and manufacturing jobs.
NICDR
NICDR kind of blends affordable management education with this central ABC Chowk location, so overall it feels a bit more anchored than some other budget institutes. Also, its doctoral research focus gives it a more academic kind of identity compared to placement oriented institutes, which makes the whole thing feel more research leaning even if you’re just starting out.
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Best for: Students who really place importance on the location, and also want some academic or research exposure along the way.
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USPs: Central Pune area, affordable fees, and a more pronounced doctoral research emphasis.
Rasiklal M. Dhariwal Institute of Management
Rasiklal M. Dhariwal Institute provides an affordable MBA, plus there’s the added benefit of hostel facilities on campus. The Nigdi/Pradhikaran setup is pretty convenient for students who live in or near the PCMC belt, so commuting can feel less of a hassle, and that matters.
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Best for: Students looking for a budget MBA but with hostel support included.
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USPs: Education-society backing, affordable fees, on-campus hostel, and easy access to the PCMC belt.
PGDM Colleges in Pune: Comparing Metrics That Matter
Admission & Course Data
|
Institute |
Fees |
Exams Accepted |
Eligibility |
Admission Process |
|
EIILM Pune |
₹4.0–6.5 L |
CAT, MAT, XAT, ATMA, CMAT |
Graduation 50%+, valid entrance score; final-year students eligible |
Entrance score → Shortlist → GD/PI → Merit → Document verification |
|
IMDR Pune |
~₹6.0 L |
CAT, MAT, XAT, CMAT, MH-CET, ATMA, GMAT |
Graduation 50%+, valid entrance score |
Entrance score → Application → GD/PI → Final merit |
|
RIIM Pune |
~₹6.0–7.5 L |
CAT, CMAT, MAT, MH-CET, XAT |
Graduation 50%+, valid entrance score |
Entrance → Shortlist → PI/GD → Merit → Admission |
|
IIMS Pune |
~₹9.3–11.0 L for PGDM; ~₹2.5 L for MBA |
CAT, CMAT, MAT, ATMA, XAT, GMAT |
Graduation 50%+, valid entrance score |
Entrance → Application → GD/PI → Final merit |
|
Lexicon MILE |
~₹8.5–9.0 L |
CAT, XAT, CMAT, MAT |
Graduation 50%+, valid entrance score |
Entrance → Shortlist → PI/GD → Merit |
|
MIBM Pune |
~₹2.3–2.5 L |
MAH-MBA-CET; CMAT/MAT as applicable |
Graduation 50%+, MAH-MBA-CET score |
CET score → CAP/Merit → Document verification |
|
ISMS Pune |
~₹7.35–7.50 L; some variants ~₹9.5 L |
CAT, MAT, CMAT, MH-CET |
Graduation 50%+, valid entrance score |
Entrance → Shortlist → PI → Merit |
|
MITCON |
~₹6.5–6.8 L |
CAT, CMAT, MAT, ATMA, MAH-CET |
Graduation 50%+, valid entrance score |
Entrance → Application → GD/PI → Merit |
|
AISSMS |
~₹2.3–2.5 L |
MAH-MBA-CET |
Graduation 50%+, CET score |
CET → CAP/Merit → Admission |
|
PBS |
~₹5.5–5.9 L |
CAT, CMAT, MAT, MH-CET |
Graduation 50%+, valid entrance score |
Entrance → Shortlist → GD/PI → Merit |
|
IndSearch |
~₹1.8–2.2 L |
MAH-MBA-CET |
Graduation 50%+, CET score |
CET → CAP/Merit → Admission |
|
Indira Institute of Management |
MBA ~₹3.78 L; PGDM ~₹7.0 L |
CAT, XAT, CMAT, MAT, ATMA, MAH-CET |
Graduation 50%+; final-year students eligible |
Entrance → Shortlisting → GD/PI/WAT → Final merit → Fee payment |
|
SBPIM |
~₹2.2–2.4 L |
MAH-MBA-CET, CAT, CMAT |
Graduation 50%+, CET score |
CET → CAP/Merit → Admission |
|
Sankalp Business School |
~₹1.5–2.0 L basic MBA; premium tracks up to ~₹6–7.5 L |
MAH-MBA-CET, CAT, CMAT, MAT |
Graduation 50%+, valid entrance score |
Entrance → Shortlist → PI → Merit |
|
Siddhant Institute |
~₹1.6–2.0 L |
MAH-MBA-CET |
Graduation 50%+, CET score |
CET → CAP/Merit → Admission |
|
NICDR |
~₹1.8–2.2 L |
MAH-MBA-CET |
Graduation 50%+, CET score |
CET → CAP/Merit → Admission |
|
Rasiklal M. Dhariwal Institute |
~₹1.8–2.1 L |
MAH-MBA-CET |
Graduation 50%+, CET score |
CET → CAP/Merit → Admission |
Placement, Packages and ROI Calculator
|
Institute |
Highest Package |
Average Package |
ROI |
|
EIILM Pune |
~₹8–10 LPA |
₹4.5–5.5 LPA |
Moderate |
|
IMDR Pune |
~₹14.7 LPA |
₹6.1–6.6 LPA |
Good |
|
RIIM Pune |
~₹12–27 LPA |
₹6.5–7.5 LPA |
Attractive |
|
IIMS Pune |
~₹26.1 LPA |
~₹7.5 LPA |
Good |
|
Lexicon MILE |
~₹10–14 LPA |
₹6.5–7.5 LPA |
Decent |
|
MIBM Pune |
~₹6–8 LPA |
₹3.5–4.5 LPA |
Strong for low fees |
|
ISMS Pune |
~₹19 LPA |
₹7.5–8.0 LPA |
Good |
|
MITCON |
~₹10 LPA |
₹5.0–5.5 LPA |
Attractive for niche programs |
|
AISSMS |
~₹8–10 LPA |
₹4.0–4.5 LPA |
Very good |
|
PBS |
~₹10–12 LPA |
₹5.0–6.0 LPA |
Good |
|
IndSearch |
~₹8–10 LPA |
₹4.0–4.8 LPA |
Strong |
|
Indira Institute of Management |
~₹6.6–7.5 LPA |
₹3.8–5.5 LPA |
Moderate |
|
SBPIM |
~₹12 LPA |
₹4.5–5.0 LPA |
Very good |
|
Sankalp Business School |
~₹19 LPA |
~₹7.5 LPA for higher-fee tracks |
High for premium tracks; modest for basic MBA |
|
Siddhant Institute |
~₹8–10 LPA |
₹3.5–4.0 LPA |
Good |
|
NICDR |
~₹8–10 LPA |
₹3.5–4.2 LPA |
Good |
|
Rasiklal M. Dhariwal Institute |
~₹10–11 LPA |
₹3.5–4.0 LPA |
Good |
As Per Accomodation: Accreditation, Hostel and Location
|
Institute |
Accreditation |
Location |
Hostel |
|
EIILM Pune |
AICTE-approved PGDM; affiliation varies by programme |
Pune; smaller campus footprint |
Limited/arranged; PGs commonly used |
|
IMDR Pune |
AICTE-approved PGDM; autonomous institute |
Deccan/FC Road |
Limited; mostly PG-dependent |
|
RIIM Pune |
AICTE-approved PGDM; SPPU-affiliated MBA options |
Bavdhan, near Hinjewadi |
Available/arranged |
|
IIMS Pune |
AICTE-approved PGDM; NBA accreditation reported for flagship PGDM |
Hinjawadi |
Available/arranged |
|
Lexicon MILE |
AICTE-approved PGDM; affiliation varies by programme |
Pune |
On-campus/arranged |
|
MIBM Pune |
AICTE-approved; SPPU/DTE route |
Shivajinagar |
Limited; mostly PG-dependent |
|
ISMS Pune |
AICTE-approved programmes with international certifications |
Ambegaon/Sinhgad Road |
Available |
|
MITCON |
AICTE-approved PGDM |
Pune |
Limited/arranged |
|
AISSMS |
AICTE-approved; SPPU-affiliated |
Near RTO, central Pune |
Limited; PG-dependent |
|
PBS |
AICTE-approved PGDM |
Pimpri-Chinchwad |
Available/arranged |
|
IndSearch |
AICTE-approved; autonomous legacy institute |
Bavdhan |
Limited; PG-dependent |
|
Indira Institute of Management |
AICTE-approved PGDM; MBA under Indira University |
Tathawade, Pune–Mumbai Highway |
Available/arranged |
|
SBPIM |
AICTE-approved; SPPU-affiliated |
Nigdi/PCMC |
Limited; PG-dependent |
|
Sankalp Business School |
AICTE-approved; SPPU affiliation for MBA |
Ambegaon |
Generally day-scholar; arranged options on some premium tracks |
|
Siddhant Institute |
AICTE-approved; SPPU-affiliated |
Old Pune–Mumbai Highway belt |
Limited; PG-dependent |
|
NICDR |
AICTE-approved; SPPU-affiliated |
ABC Chowk, central Pune |
Limited; PG-dependent |
|
Rasiklal M. Dhariwal Institute |
AICTE-approved; SPPU-affiliated |
Nigdi/Pradhikaran |
Available; reported at ~₹75,000–82,000/year |
Specializations in PGDM colleges in Pune
|
Institute |
Key Specializations |
|
EIILM Pune |
Marketing, Finance, HR, Operations, International Business |
|
IMDR Pune |
Marketing, Finance, HR, Supply Chain & Operations, Business Analytics, International Trade, Entrepreneurship & Start-up, Agri-Business, Business Technology & Systems |
|
RIIM Pune |
Marketing, Finance, HR, Business Analytics, Pharmaceutical Management, Agri-Business, Operations, International Business |
|
IIMS Pune |
Marketing, Finance, HR, Business Analytics, Supply Chain, Retail, International Business, Agri-Business |
|
Lexicon MILE |
Marketing, Finance, HR, Operations, Business Analytics, International Business |
|
MIBM Pune |
Marketing, Finance, HR, Operations |
|
ISMS Pune |
Marketing, Finance, HR, Operations & Supply Chain, Business Analytics; Agri and Pharma minors |
|
MITCON |
Agri-Business Management, Pharmaceutical Management, General PGDM |
|
AISSMS |
Marketing, Finance, HR, Operations |
|
PBS |
Marketing, Finance, HR, Operations, Business Analytics |
|
IndSearch |
Marketing, Finance, HR, Operations & Supply Chain, Business Analytics |
|
Indira Institute of Management |
Marketing, Finance, HR, Operations, Business Analytics, Digital Marketing |
|
SBPIM |
Marketing, Finance, HR, Operations & Supply Chain, Business Analytics |
|
Sankalp Business School |
Marketing, Finance, HR, Operations & Supply Chain, Business Analytics, International Business, Agri-Business |
|
Siddhant Institute |
Marketing, Finance, HR, Operations |
|
NICDR |
Marketing, Finance, HR, Operations |
|
Rasiklal M. Dhariwal Institute |
Marketing, Finance, HR, Operations, Business Analytics |
Quick Positioning Summary
|
Institute |
Best Known For / Distinctive Positioning |
|
EIILM Pune |
Kolkata network linkage and flexible entrance options |
|
IMDR Pune |
Long legacy and wide specialization range |
|
RIIM Pune |
Corporate-style training and industry exposure |
|
IIMS Pune |
Hinjewadi proximity and corporate recruiter connections |
|
Lexicon MILE |
Modern infrastructure and emerging-school positioning |
|
MIBM Pune |
Very low-cost MBA |
|
ISMS Pune |
International certifications and exposure |
|
MITCON |
Agri-Business and Pharmaceutical Management |
|
AISSMS |
Affordable MBA with central Pune location |
|
PBS |
PCMC industrial ecosystem and growing recruiter base |
|
IndSearch |
Affordable programme with finance/accounting orientation |
|
Indira Institute of Management |
University ecosystem and Digital Marketing PGDM |
|
SBPIM |
Affordable MBA near PCMC's manufacturing belt |
|
Sankalp Business School |
Low-cost basic MBA plus premium international tracks |
|
Siddhant Institute |
Budget MBA with industrial-belt proximity |
|
NICDR |
Central location and research-oriented legacy |
|
Rasiklal M. Dhariwal Institute |
Budget MBA with reported on-campus hostel |
Here's what you should consider before making your final decision:
1) Do you want to develop your personal brand through gaining brand exposure or develop practical skills through hands-on experience
2) Will a good return on investment (ROI) be worth more than having a high headline salary package?
3) Will selecting a specialization help you pursue your long-term career goals?
4) Are you ready to compete with many applicants for admission to a high-demand academy?
Students often miss out on schools like Mulshi Group of Institutions (MGI) due to limited information. Thoughtful consideration of such institutions can lead to improved skills, confidence, and a better professional profile compared to attending overpopulated colleges.
The university provides exceptional educational programs that enable students to begin their professional careers in 2026. The institution has many advantages which include:
1. An industry-focused postgraduate program curriculum;
2. Exceptional mentorship and personal attention;
3. Outstanding connections for job placements; and
4. A lower cost of tuition when compared to career returns on investment.
As an added benefit, for those who will be applying for the MBA/PGDM programs that will be starting up in Pune during 2026, MGI isn’t second best—it’s the absolute best first option available.
Those who choose PGDM colleges in Pune wisely now will have the opportunity to grow their careers as future leaders.
FAQs
Which are the best PGDM colleges in Pune for 2026?
Mulshi Group of Institutes’ PGDM programs are among top 10 in Pune. The MGI PGDM is highly respected by the professional community and is approved by AICTE, giving those who spend time or resources on a PGDM at MGI an excellent return on their investment through the long-term career benefits of earning a respected PGDM. Among peers, institutes like IMDR, RIIM, IIMS, and Lexicon MILE are also considered strong Tier-2 options in Pune.
What are PGDM College Fees in Pune?
MGI and similar value-for-money colleges in Pune (such as IMDR, RIIM, IIMS PGDM, Lexicon MILE, PBS, MITCON) charge about ₹5–7.5 lakhs for a PGDM/MBA, while the fee structure of higher-end premium B-Schools, such as SIBM and SCMHRD, starts at about ₹20 lakhs. Budget-friendly MBA colleges like MIBM, AISSMS, IndSearch, SIBMT, S. B. Patil, Sankalp, Siddhant, NICDR, and Rasiklal M. Dhariwal offer programs in the ₹1.5–3.0 lakhs range.
What Entrance Exams are Accepted by PGDM/MBA Colleges in Pune?
Most of the major PGDM/MBA colleges in Pune accept CAT; XAT; CMAT; MAT; ATMA; MAH-MBA-CET; and SNAP (for SIBM). To gain admission, you will also need to successfully compete in both the GD and PI rounds after qualifying on these entrance exams. MGI accepts CAT, XAT, CMAT, and MAT for its PGDM program.
What are Your Expectations About Your Salary After Completing PGDM/MBA from a College in Pune?
From top PGDM/MBA colleges, you can expect to earn between ₹25 lakhs and ₹30 lakhs per annum. From Tier-2 PGDM/MBA colleges like MGI, IMDR, RIIM, IIMS, and Lexicon MILE, you can earn between ₹7 lakhs and ₹9 lakhs per annum on average, with highest packages in some institutes reaching ₹12–27 LPA depending on specialization and recruiter profile. Budget-tier MBA colleges typically see average packages in the ₹3.5–5.0 LPA range.
Why Choose MGI for PGDM Admission for 2026?
MGI has an industry-oriented and evaluation-based comprehensive curriculum that is highly recognized and regarded by employers. MGI has a reasonable tuition rate (₹6–7 L for PGDM). Each student receives personalized assistance in finding success in their chosen field/career path. MGI has an excellent track record in helping students obtain jobs, with strong ROI, industry focus, and a large-scale Tier-2 footprint that appeals to recruiters across BFSI, IT, manufacturing, and services sectors.