Top 10 MBA Colleges in Maharashtra Through MAH MBA CET (2026)
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: ₹6–8 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.
FAQs
Which college through CET gives the best ROI?
JBIMS and SIMSREE boast among the best ROI thanks to low fees and exceptional average
placements.
What percentile is considered “safe” for the top CET colleges?
Aiming for a 99+ percentile in MAH MBA CET gives you a strong shot at any of the top 5.
Are there good options below the 97 percentile?
Yes—colleges like Lala Lajpatrai, Indira Institute, and VESIMSR are solid choices.