PGDM Colleges in Maharashtra 2026: Check Specialisations, Fees, Salary, ROI and Courses

PGDM Colleges in Maharashtra 2026: Check Specialisations, Fees, Salary, ROI and Courses

4 Days Ago
PGDM Institutes in Maharashtra 2026 Courses, Fees and Admission.webp

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 XATCATSNAPCMAT, 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 %

S.P. Jain Institute of Management & Research (SPJIMR)

General, Business Management

INR 26.50 lakh 

INR 32.10 LPA

146%

Welingkar Institute of Management (WeSchool)

PGDM (General), E-Business, Business Design, Healthcare, Rural, Retail, Media, Business Analytics

INR 7 Lakh

INR 11.7 LPA

97%

Chetana’s Institute of Management & Research (CIMR)

General, Management

INR 4.80 Lakh

INR 7.04 LPA

266%

St. Francis Institute of Management & Research (SFIMR)

PGDM (General)

INR 2,27000 (Tution Fee)

INR 4.5 LPA

198%

St. Wilfred’s College of Management Studies

PGDM in-

  • HR Management
  • Marketing
  • Finance
  • International Business
  • Operations

INR 7,90,000

INR 7 LPA*

89%

Vivekanand Business School (VBS)

PGDM in-

  • Operations & Supply Chain Management
  • Entrepreneurship Management
  • Business Analytics
  • Banking and Finance
  • Marketing
  • Human Resource Management

INR 5,20,000

INR 8.5 LPA

89%

Durgadevi Saraf Global Business School (DSGBS)

PGDM in-

  • Finance
  • Organisational Psychology & HR Management
  • Marketing & Communications
  • Operations- Logistics & Supply Chain

INR 3,62,500

INR 6.25 LPA

172%

Uma Krishna Shetty Institute of Management Studies & Research

PGDM in-

  • Finance
  • Marketing
  • Human Resource

INR 3,00,000

INR 6.5 LPA*

107%

MKES Institute of Management Studies & Research (MKES IMSR)

PGDM in-

  • Finance
  • Marketing
  • Human Resource
  • Marketing
  • Business Analytics
  • Entrepreneurship

INR 7,90,000

INR 6 LPA

76%

Thakur Global Business School (TGBS)

PGDM in-

  • Finance
  • Marketing
  • Human Resource
  • Business Analytics
  • Operations

INR 5,95,000 per year

INR 6 LPA

50%

Valia School of Management

PGDM in-

  • Finance
  • Marketing
  • Human Resource
  • Business Analytics
  • Operations and Supply Chain Management

INR 3,00,000

INR 7 LPA to INR 8.50 LPA

108 - 131%

MET Institute of PGDM

PGDM in-

  • Finance
  • Marketing
  • Human Resource
  • Business Analytics
  • Operations
  • Systems

INR 6,03,000

INR 8.60 LPA

71%

SASMIRA’s Business School

PGDM in-

  • Finance
  • Marketing
  • Human Resource
  • Business Analytics

INR 4,00,000

INR 5.16 LPA

66%

IES Management College & Research Centre (IES MCRC)

PGDM in-

  • Finance
  • Marketing
  • Human Resource
  • Business Analytics
  • Operations & Entrepreneurship

PGDM Pharmaceutical Management

INR 5,60,000

INT 8.8 LPA

157%

N.L. Dalmia Institute of Management Studies & Research

PGDM in-

  • Finance
  • Marketing
  • Human Resource

INR 8,25,000

INR 9 LPA

55%

Aditya School of Business Management (ASBM)

PGDM in-

  • Artificial Intelligence and Data Science
  • Business Analytics

PGDM+

INR 7,80,000

INR 7.75 LPA

99%

Shree L.R. Tiwari School of Business Management

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

FUEL Business School, Pune

-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

Ramachandran International Institute Management, Pune

-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

International School of Business & Media (ISB&M), Pune

PGDM 

INR 8.01 Lakh

INR 20.56 LPA

Best

ASM’s Institute of Business Management & Research, Pune

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 

Indus Business School, Pune

PGDM

INR 9.05 Lakh

INR 30 LPA

Excellent

National Institute of Bank Management (NIBM), Pune

PGDM

INR 16.80 Lakh

INR 2.40 Lakh 

(Highest Stipend)

Excellent

International Institute of Management Studies (IIMS), Pune

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

National Insurance Academy

PGDM

INR 11,00,000

INR 70,000 per month stipend

Good

Aureole School of Business Management, Pune

PGDM in-

  • Finance
  • Marketing
  • Human Resource
  • Agri Business Management
  • Pharmaceutical Management

INR 6,48,000

Data Not Available

Average

Mulshi Institute of Business Management, Pune

PGDM in-

  • Marketing
  • Finance
  • Human Resources Management
  • Supply chain & operations Management
  • Business Analytics
  • Healthcare Management
  • Pharmaceutical Management

INR 9 Lakh

INR 16 LPA

Good

Kirloskar Institute of Management, Pune

PGDM in-

  • Finance
  • Operations
  • Human Resources
  • Business Analytics
  • Marketing

INR 12,60,000

INR 18 LPA

Average

ISBM School of Communication & Media Management, Pune

PGDM in-

  • Finance
  • Human Resources
  • Marketing
  • Logistic and Supply Chain Management (Only for Engineering and Science Graduate)
  • Media and Communication
  • Business Analytics

INR 12,20,000

INR 20.56 LPA

Good

Western Business School, Pune

PGDM in- 

  • Finance Management
  • Business Analytics
  • Agri-Business Management
  • Pharmaceutical Management
  • Human Resource Management
  • Operations & Supply Chain Management 

INR 5.50 Lakh- INR 8.10 Lakh

INR 18 LPA

Best

Mulshi Institute of Retail Management, Pune

PGDM in Retail Management

INR 9 Lakh

INR 14 Lakh

Good

ASM’s Institute of International Business & Research (IIBR), Pune

PGDM in-

  • Marketing
  • Finance
  • Human Resources
  • Digital Marketing
  • Real Estate Marketing

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-

  • Marketing Management
  • Human Resource Management
  • Financial Management
  • Business Analytics
  • Logistics and Supply Chain Management
  • Pharmaceutical and Healthcare Management
  • Agri Business Management 

INR 7,05,358

Data Not Available

Average

Imperial School of Banking & Management Studies, Pune

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%

SIES School of Business Studies, Navi Mumbai

General, Pharma, Biotechnology, Logistics Management

INR 8,00,000

INR 32.10 Lakhs

400%

Dr Mar Theophilus Institute of Management Studies

Global Finance & FinTech, International Marketing, International Human Capital, Global Supply Chain Management, international business

INR 6,00,000

INR 6.5 LPA

108%

Oriental School of Business

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. 

Get Latest Updates

Share this news on :

Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppVisit us on Instagram

About the Author

Surjeet Kumar Singh
Surjeet Kumar Singh

Content Writer