For candidates appearing for the MAH CET 2026, the Centralized Admission Process (CAP) conducted by the State Common Entrance Test Cell, Maharashtra, is the gateway to some of India’s most high-ROI management institutes. The following are the top 20 colleges in Maharashtra based on their reputation, placement records, and MAH CET cutoffs.
Apply to any top 250 B Schools from one window. Shortlist, save. CLICK
MAH CET Accepting MMS/ PGDM Admission 2026
| B Schools | Program | Fees (Lakh) | Avg. CTC ( LPA ) | ROI |
|---|---|---|---|---|
| SIMSREE, Mumbai | MMS | 1.32 | 15.19 | 23.015 |
| PUMBA Pune | MBA | 1.3 | 8.85 | 13.615 |
| JBIMS, Mumbai | MMS | 8.4 | 26.5 | 6.310 |
| DSIMS | PGDM | 4.34 | 5.5 | 2.535 |
| IDMR Pune | PGDM | 6 | 6.1 | 2.033 |
| IES Mumbai | PGDM | 9.12 | 8.8 | 1.930 |
| SIES Mumbai | PGDM | 10 | 9.2 | 1.840 |
| WE School Mumbai | PGDM | 14 | 11.5 | 1.643 |
| IIMP Indira Uni | MBA/PGDM | 11 | 7.5 | 1.364 |
| KIM | PGDM | 12.6 | 8 | 1.270 |
The “ROI Superstars” (Government/University Aided)
The top three colleges (SIMSREE, PUMBA, and JBIMS) operate on a completely different financial model than the others.
- SIMSREE & PUMBA: These are the clear winners in pure value. With fees as low as ₹1.3 Lakhs, even a moderate package like PUMBA’s ₹8.85 LPA results in an astronomical ROI of 13.6x. You essentially recover your entire tuition fee within the first two months of your job.
- JBIMS: While its fees have risen to ₹8.4 Lakhs (for the MMS program), its massive ₹26.5 LPA average package keeps it in the elite tier.
Compare B Schools Series 56: IMDR vs IBS Pune vs ISBM Pune vs IIMP
The “ROI Superstars” (private)
DSIMS & IMDR is leading the private B School category in terms of ROI.
Your data shows a clear trend: PGDM programs generally have higher fees and lower ROI compared to MMS programs.
IMDR Pune PGDM Admission 2026: Application Closing Soon.
APPLY NOW!!
- Cost of Autonomy: Colleges like WE School (Welingkar) and SIES charge between ₹10 Lakhs – ₹14 Lakhs for their PGDM.
- The ROI Logic: Why do students choose these? PGDM programs often offer more updated industry-synced curricula, better infrastructure, and “niche” specializations (like Retail, Healthcare, or Business Design). IMDR Pune is the popular B School with high ROI.
- The “KIM” & “IIMP” Bracket: These institutes represent the mid-tier. With an ROI near 1.2–1.3, they are solid options for students who may not hit the 99.9th percentile required for JBIMS but want a reliable career launchpad in Pune or Mumbai.
Comparative Analysis: Salary vs. Investment
| Category | Best Examples | Strategy |
| Low Investment, High Return | SIMSREE, PUMBA, IMDR | Aim for 99.5+ percentile; ideal for students with budget constraints. |
| High Investment, High Brand | JBIMS, WE School, | Aim for top-tier corporate roles in Consulting and IB; worth the loan for the brand name. |
| Moderate Investment, Steady Return | IES, DSIMS, IIMP | Good for “Value Seekers” looking for consistent placements in the ₹6–8 LPA range. |
Admission Process (CAP Rounds): The admission is handled through CAP (Centralized Admission Process). After the CET results are declared:
- Candidates must register for CAP.
- Documents are verified at Facilitation Centers.
- Candidates fill out “Option Forms” (college preferences).
- Seats are allotted based on merit rank, category, and preference.
