PGDM Colleges in Maharashtra 2026: Check Specialisations, Fees, Salary, ROI and Courses
4 Days Ago
Maharashtra is a leader in education with a spread of PGDM colleges that are highly ranked all over the country for their futuristic curriculum and lively student life. These excellent institutions comprise not only IBS Pune which has good placements, SP Jain Institute of Management and Research (SPJIMR) Mumbai, which is innovative but also Welingkar Institute of Management (WeSchool) Mumbai, which is widely acclaimed. The PGDM Colleges in Maharashtra offer a management education, which eventually helps the students to be leaders in the business sector. The essential qualifications of the candidates to be admitted are a bachelor’s degree with at least 50% marks. Besides that, obtaining a good score in any of the reputed entrance tests like XAT, CAT, SNAP, CMAT, or NMAT is mandatory.
Being the cream of the crop, these institutes provide various specialisations such as Finance, Marketing, Human Resources, Operations, Business Analytics, International Business and Entrepreneurship. As a result of relevant curricula aimed at developing leadership and analytical skills, students become capable of handling and succeeding in the ever-changing business world.
The placement data in most of the colleges present in Maharashtra have been stable over the years. SPJIMR states offering an average salary of around INR 32 LPA, while IBS Pune offers an average salary of INR 30 LPA. The recruiters are from the consulting, IT, BFSI, FMCG, and e-commerce sectors thus, the aspirants have ample opportunities to advance their careers in the management field. Maharashtra’s PGDM colleges, with their challenging academics, industry interaction, and great placement support, continue to be amongst the top choices of the management aspirants.
Top PGDM Colleges in Mumbai
Mumbai is the city which is known for hosting the best PGDM colleges in India. These prestigious colleges provide numerous specialisations which are the perfect fit for the different career objectives and also have a very good record of campus placements, which makes them a great option for a career advancements. Among the top PGDM colleges in Mumbai, SPJIMR is the institute which offers General and Business Management courses, charging a yearly fee of INR 26.5 lakh, and an average salary of INR 32.1 LPA resulting in a high ROI of 146%. WeSchool provides innovative courses like E-Business and Business Design with fees of INR 7 lakh and average packages of INR 11.7 LPA. There are also many affordable choices as CIMR (INR 4.8 lakh fee, INR 7.04 LPA average, ROI 266%) and SFIMR (INR 2.27 lakh fee, INR 4.5 LPA average, ROI 198%), that give students great returns. Colleges like VBS, DSGBS, IES MCRC, and Valia School of Management with specialisations in Analytics, Finance, HR, and Operations have also become Mumbai's leading management aspirants centre where they deliver strong ROI.
College Name | Specialisations Offered | Annul Fee | Average Salary | ROI % |
General, Business Management | INR 26.50 lakh | INR 32.10 LPA | 146% | |
PGDM (General), E-Business, Business Design, Healthcare, Rural, Retail, Media, Business Analytics | INR 7 Lakh | INR 11.7 LPA | 97% | |
General, Management | INR 4.80 Lakh | INR 7.04 LPA | 266% | |
PGDM (General) | INR 2,27000 (Tution Fee) | INR 4.5 LPA | 198% | |
PGDM in-
| INR 7,90,000 | INR 7 LPA* | 89% | |
PGDM in-
| INR 5,20,000 | INR 8.5 LPA | 89% | |
PGDM in-
| INR 3,62,500 | INR 6.25 LPA | 172% | |
Uma Krishna Shetty Institute of Management Studies & Research | PGDM in-
| INR 3,00,000 | INR 6.5 LPA* | 107% |
PGDM in-
| INR 7,90,000 | INR 6 LPA | 76% | |
PGDM in-
| INR 5,95,000 per year | INR 6 LPA | 50% | |
PGDM in-
| INR 3,00,000 | INR 7 LPA to INR 8.50 LPA | 108 - 131% | |
PGDM in-
| INR 6,03,000 | INR 8.60 LPA | 71% | |
PGDM in-
| INR 4,00,000 | INR 5.16 LPA | 66% | |
PGDM in-
PGDM Pharmaceutical Management | INR 5,60,000 | INT 8.8 LPA | 157% | |
PGDM in-
| INR 8,25,000 | INR 9 LPA | 55% | |
PGDM in-
PGDM+ | INR 7,80,000 | INR 7.75 LPA | 99% | |
Finance, Business Analytics and Management | INR 9,50,000 | INR 5 LPA* | 53% |
Note- The data mentioned in the above table is based on previous trends and for exact details and figures, visit the official website of the respective colleges.
PGDM Colleges in Pune 2026
Pune has become a centre of PGDM education with a variety of specialisations and good placement records. Leading institutes like IFEE-L, ISB&M, IIMS, and Dr D.Y. Patil B-School offer programs in specialisations such as Finance, Marketing, HR, Operations, and other new areas like Agri-Business, Pharmaceutical Management, and Business Analytics. The fees vary considerably from INR 56,000 at VAMNICOM to INR 16.80 lakh at NIBM, whereas the salary packages go up to INR 30 LPA at Indus Business School and INR 27 LPA at Ramachandran International Institute. The cost of education at institutions like ASM’s IBMR, Western Business School, and Lexicon MILE is affordable, and the return on investment is high. With such diverse options providing international exposure, cooperative management in niche areas, Pune’s PGDM colleges are the perfect fit for any career goal, with great industry connections.
College name | Offered Specialization | Course Fees | Highest Salary Package | ROI |
-Finance -Marketing -Human Resource -CSR & ESG | INR 4 Lakhs- INR 5 Lakhs | INR 16 LPA | Excellent | |
Institute for Future Education, Entrepreneurship and Leadership (IFEE-L) | -Finance -Finance in PRO -Marketing -Human Resources -Operations | INR 8.90 Lakh | INR 20 Lakh | Best |
-PGDM+ IBEP- Business Analyst -PGDM+ IBEP-Agri Business Management -PGDM+ IBEP-Pharmaceutical Management -PGDM+ IBEP- Dubai | INR 6.75 Lakhs- INR 12.50 Lakh | INR 27 LPA | Excellent | |
PGDM | INR 8.01 Lakh | INR 20.56 LPA | Best | |
PGDM in- -Marketing & International Finance -Marketing & HRM International -Finance & HR -Emerging Tech & Marketing -Marketing & Supply Chain Management -Agri-Business Management -Agri-Business & Supply Chain Management | INR 6 Lakh-INR 8.25 Lakh | INR 24 LPA | Excellent | |
Lexicon Management Institute of Leadership & Excellence (LMILE), Pune | PGDM in- -Marketing and Finance -Research and Business Analytics -Human Resource Management | INR 10.30 Lakh | INR 19 LPA | Good |
PGDM | INR 9.05 Lakh | INR 30 LPA | Excellent | |
PGDM | INR 16.80 Lakh | INR 2.40 Lakh (Highest Stipend) | Excellent | |
PGDM NBA Accredited PGDM in- -Retail & E-commerce -Banking, Financial Services & Insurance -Agri-Business Management | INR 8.52 Lakhs-INR 9.63 Lakh | INR 26.10 LPA | Excellent | |
Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM), Pune | PGDM in- -Cooperative Business Management -Agri-Business Management | INR 56,000-INR 9,16,750 | INR 13.3 LPA | Best |
PGDM | INR 11,00,000 | INR 70,000 per month stipend | Good | |
PGDM in-
| INR 6,48,000 | Data Not Available | Average | |
PGDM in-
| INR 9 Lakh | INR 16 LPA | Good | |
PGDM in-
| INR 12,60,000 | INR 18 LPA | Average | |
ISBM School of Communication & Media Management, Pune | PGDM in-
| INR 12,20,000 | INR 20.56 LPA | Good |
PGDM in-
| INR 5.50 Lakh- INR 8.10 Lakh | INR 18 LPA | Best | |
PGDM in Retail Management | INR 9 Lakh | INR 14 Lakh | Good | |
ASM’s Institute of International Business & Research (IIBR), Pune | PGDM in-
| INR 6.90 Lakh | INR 14 Lakh | Good |
Dr. D.Y. Patil B-School, Pune | PGDM PGDM Global | INR 8.70 Lakh | INR 20 LPA | Best |
Institute of Management Development & Research (IMDR), Deccan, Pune | PGDM PGDM (Working Professional) | INR 6 Lakh | INR 14.71 LPA | Best |
D.Y. Patil PGDM Institute, Pune | PGDM in-
| INR 7,05,358 | Data Not Available | Average |
PGDM in Banking and Financial Management | INR 7,48,000 | INR 16 LPA | Best |
Note- The numbers mentioned in the above table are based on previous trends and for exact information, candidates are advised to visit the official website of the colleges.
Top PGDM Colleges in Navi Mumbai
Navi Mumbai has emerged as a vibrant place of top B-schools catering to the needs of PGDM aspirants. Among various PGDM colleges in Navi Mumbai that are specialised in different fields and offer diverse returns on investments, the SIES School of Business Studies is the premier choice. With its programs in General, Pharma, Biotechnology, and Logistics Management, the school charges INR 8 lakhs while delivering an impressive average package of INR 32.10 LPA, thereby resulting in an extraordinary ROI of 400%.
The Dr Mar Theophilus Institute of Management Studies is a place where students find a wide range of future-oriented and globally focused specialisations such as Finance & FinTech, International Marketing, Human Capital, and Supply Chain Management. It charges a fee of INR 6 lakh and offers an average package of 6.5 LPA, resulting in a moderate ROI of 108%.
On the other hand, the Oriental School of Business is offering a General PGDM at INR 5 lakh, thus achieving a reasonable return on investment of 132% with average placements at INR 6.6 LPA.
College Info | Specialisations | Total Fees | Average Package | ROI% |
General, Pharma, Biotechnology, Logistics Management | INR 8,00,000 | INR 32.10 Lakhs | 400% | |
Global Finance & FinTech, International Marketing, International Human Capital, Global Supply Chain Management, international business | INR 6,00,000 | INR 6.5 LPA | 108% | |
General | INR 5,00,000 | INR 6.6 LPA | 132% |
Note- The figures in the above table are based on past data, and for the latest numbers, visit the official website of the institutes.
About the Author

Content Writer












































