Looking to build a high-ROI management career in Maharashtra? The MAH MBA CET opens doors to the state’s leading MBA colleges. Here’s everything you need to know about the top 10 MBA colleges in Maharashtra via CET—names, locations, latest cutoffs, approximate fees, ROI, and placement stats for 2026.
1. JBIMS Mumbai (Jamnalal Bajaj Institute of Management Studies)
- Location: Mumbai
- Cutoff (General): 99.98 percentile
- Fees: ₹8+ lakhs (2 years)
- Average Placement: ₹26.4 LPA; Highest: ₹87 LPA
- ROI: Outstanding; top B-school with industry-leading packages and lowest fees among top colleges. JBIMS is known as the “CEO Factory” of India.
2. SIMSREE Mumbai (Sydenham Institute of Management Studies, Research & Entrepreneurship Education)
- Location: Mumbai
- Cutoff: 99.90–99.92 percentile
- Fees: ₹1.4 lakhs
- Average Placement: ₹15.24 LPA; Highest: ₹26.3 LPA
- ROI: Extremely high, especially for finance aspirants.
3. PUMBA Pune (Dept. of Management Sciences, University of Pune)
- Location: Pune
- Cutoff: 99.80–99.90 percentile
- Fees: ₹2.8–₹3 lakhs
- Average Placement: ₹11.23 LPA; Highest: ₹18–19 LPA
- ROI: Excellent, especially for government college fee structure.
4. Prin. L. N. Welingkar Institute of Management (WeSchool), Mumbai
- Location: Mumbai
- Cutoff: 99.60–99.75 percentile
- Fees: ₹14–17 lakhs
- Average Placement: ₹11.7–13.6 LPA; Highest: ₹40 LPA
- ROI: Good for a private college, with robust industry connect.
5. SIES College of Management Studies, Navi Mumbai
- Location: Navi Mumbai
- Cutoff: 98–99 percentile
- Fees: ₹8–9 lakhs
- Average Placement: ₹7–8.5 LPA; Highest: ₹18 LPA
- ROI: Strong, reflecting growing reputation.
6. Chetana’s Institute of Management & Research, Mumbai
- Location: Mumbai
- Cutoff: 98.40–99 percentile
- Fees: ₹5–6 lakhs
- Average Placement: ₹7.85 LPA; Highest: ₹11.15 LPA
- ROI: High, considering affordable fees and decent placements.
7. Indira Institute of Management, Pune (IIMP)
- Location: Pune
- Cutoff: 97–98 percentile
- Fees: ₹4.8 lakhs
- Average Placement: ₹6–7 LPA; Highest: ₹11.5 LPA
- ROI: Good for Pune region, strong industry links.
8. MET Institute of Management, Mumbai
- Location: Mumbai
- Cutoff: 97+ percentile
- Fees: ₹12.06 lakhs
- Average Placement: ₹8.6 LPA
- ROI: Good with Mumbai advantage.
9. Lala Lajpatrai Institute of Management, Mumbai
- Location: Mumbai
- Cutoff: 95+ percentile
- Fees: ₹2.8 lakhs
- Average Placement: ₹5.5 LPA
- ROI: High for budget-conscious aspirants.
10. Vivekanand Education Society Institute of Management (VESIMSR), Mumbai
- Location: Mumbai
- Cutoff: 95+ percentile
- Fees: ₹5.2 lakhs
- Average Placement: ₹6.5 LPA
- ROI: Reliable option in the Mumbai belt.