Top PGDM/MBA Colleges in Pune: Fees, Admission 2026, Courses, Salary & Ranking

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Top PGDM/MBA Colleges in Pune: Fees, Admission 2026, Courses, Salary & Ranking

Top PGDM/MBA Colleges in Pune: Fees, Admission 2026, Courses, Salary & Ranking

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:

  • Proximity to IT, manufacturing, auto, BFSI, pharma, and startup hubs

  • Strong corporate–academia collaboration

  • Lower cost of living compared to Mumbai

  • 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
  • PGDM Fees: ₹6–7 lakh for the full programme

Admission

MGI accepts:

  • CAT

  • XAT

  • CMAT

  • MAT

  • ATMA

Placements & Industry Exposure
  • ₹9 LPA average package

  • ₹30 LPA highest package

  • 400+ companies visiting

  • 28% students receiving more than one offer

  • Recruiters include HUL, BNY Mellon, Bajaj Allianz, Adani Wilmar and GEP Worldwide.

What Makes MGI Stand Out
  • 100% placement record for summer and final placements since inception, as stated by MIBM.

  • HR Share, a national-level HR conference bringing students into contact with senior industry professionals.

  • Orientation programmes, alumni interactions, workshops and industry-led events form part of student life.

  • 500+ alumni and work-integrated learning with leading organisations.

  • 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.  

  • Best for: Students who are looking at a mid-range MBA or PGDM option, with flexible admission routes  

  • 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  

  • Best for: Students who prefer an experienced institute, without paying those premium B-school kind of fees  

  • 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  

  • Best for: Students aiming for BFSI, IT services and more corporate-facing roles

  • 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.  

  • Best for: students who are ok with a higher fee, and who are hunting for better placement potential. 

  • 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.  

  • Best for: students who really care about a modern campus, and also want a well-rounded mid-range management programme.  

  • 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.  

  • Best for: students who want to keep their MBA investment as low as possible, basically.  

  • 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.

  • Best for: Those seeking to gain international experience and obtain certifications in management.

  • 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.

  • Best for: Those who already wish to take the career path in agriculture, pharmaceuticals or similar industries.

  • 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.

  • Best for: Those seeking affordable, according to the academic standards, MBA degree.

  • 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.  

  • Best for: Students planning to work in the PCMC industrial belt  

  • 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.  

  • Best for: Students seeking a low-cost programme with a finance, accounting, marketing or operations focus  

  • 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.  

  • Best for: Students who want more programme choices, plus practical industry exposure  

  • 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.

  • Best for: students who are looking for affordable MBA programs in PCMC.

  • 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.

  • Best for: students ready to take either a low-priced cheap MBA or a higher-priced retraining program,

  • 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

  • Best for: Students looking for an affordable, regional MBA option.

  • 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.  

  • Best for: Students who really place importance on the location, and also want some academic or research exposure along the way.  

  • 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.  

  • Best for: Students looking for a budget MBA but with hostel support included.  

  • 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. 

 

Admissions 2027-29
Admissions are open for PGDM Batch 2027-29

▪ 1000+ Alumni
▪ 200 Companies every year for recruitment
▪ 100% Placement
▪ 16 Years of Excellence

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