Does this include private Management colleges in Maharashtra?

Yes. When a ranked institution is part of the curated NIRFRank registry, the page marks whether it is private or government.

Top Management Colleges in Maharashtra@elseTop Management colleges in Maharashtra: NIRF ranking 2025

Q: Which is the top Management college in Maharashtra as per NIRF 2025?

IIM Mumbai is the top Maharashtra entry in this NIRF 2025 Management list at rank 6.

9 Maharashtra institutions appear in the NIRF 2025 Management list, with national ranks, scores and cities. Use the list to explore college profiles and compare options.

IIM Mumbai leads the Maharashtra entries in 2025 at national rank 6 with a score of 77.58.

Maharashtra colleges featured across NIRF Management editions

These institutions appeared in the available Maharashtra lists from 2016 to 2025. Ownership uses our current classification; each entry shows its latest listed year and national rank.

Top Government Management colleges in Maharashtra

Indian Institute of Management, Mumbai 2025 · National rank 6 · Listed this year
Indian Institute of Technology Bombay 2025 · National rank 14 · Listed this year
Indian Institute of Management 2025 · National rank 25 · Listed this year
National Institute of Industrial Engineering, Mumbai 2017 · National rank 12 · Historical entry

Top Private Management colleges in Maharashtra

Symbiosis Institute of Business Management 2025 · National rank 11 · Listed this year
S. P. Jain Institute of Management and Research 2025 · National rank 20 · Listed this year
SVKM’s Narsee Monjee Institute of Management Studies 2025 · National rank 24 · Listed this year
Prin. L.N. Welingkar Institute of Management Development and Research (PGDM) 2025 · National rank 75 · Listed this year
National Institute of Bank Management 2024 · National rank 91 · Historical entry
Principal L N Welingkar Institute of Management Development and Research 2023 · National rank 73 · Historical entry
Institute of Management and Entrepreneurship Development 2019 · National rank 55 · Historical entry
Institute Of Management & Entrepreneurship Development-Pune 2016 · National rank 46 · Historical entry

Ownership not confirmed

K.J.Somaiya Institute of Management 2025 · National rank 65 · Listed this year
Institute of Management Technology, Nagpur 2025 · National rank 99 · Listed this year
K J Somaiya Institute of Management Studies and Research 2024 · National rank 63 · Historical entry
Pune Institute of Business Management 2022 · National rank 91 · Historical entry
Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development 2021 · National rank 69 · Historical entry
Narsee Monjee Institute of Management Studies -Mumbai 2017 · National rank 34 · Historical entry
K.J. Somaiya Institute of Management Studies & Reserach 2017 · National rank 41 · Historical entry
Prin. L.N. Welingkar Institute of Management Development & Research 2017 · National rank 46 · Historical entry
MIT School of Telecom Management 2017 · National rank 47 · Historical entry
Institute Of Management Technology, Nagpur 2016 · National rank 39 · Historical entry

This page covers published NIRF entries, not every good institution in Maharashtra offering programmes in this category. An institution's absence does not mean it is a poor choice. Ranks are national Management ranks, not positions within Maharashtra.

Maharashtra Management ranking history

Explore Maharashtra institutions in the published NIRF Management lists by year. Every rank below is a national category rank, not a position within Maharashtra. A lower rank number is better.

Comparisons use the preceding available Management edition and the state recorded in each year's list. Newly listed means absent from the previous Maharashtra list, not necessarily a first NIRF appearance. Absence does not establish why an institution is missing, and movement alone does not explain changes in quality.

Highlights and changes in 2025

9 Maharashtra institutions appear in the 2025 published Management list. Indian Institute of Management, Mumbai is the highest-ranked Maharashtra entry at national rank 6 with a score of 77.58.

View full Maharashtra 2025 ranking with scores and college profiles

Major changes from 2024 to 2025

Prin. L.N. Welingkar Institute of Management Development and Research (PGDM) recorded the largest rise, moving from national rank 84 to 75, an improvement of 9 places. Indian Institute of Technology Bombay recorded the largest fall, moving from national rank 10 to 14. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2025 rank	Institution	2024 rank	Change
75	Prin. L.N. Welingkar Institute of Management Development and Research (PGDM)	84	↑ 9 places
25	Indian Institute of Management	31	↑ 6 places
11	Symbiosis Institute of Business Management	13	↑ 2 places
14	Indian Institute of Technology Bombay	10	↓ 4 places
24	SVKM’s Narsee Monjee Institute of Management Studies	21	↓ 3 places

Changes to the published list — 2 newly listed and 2 no longer listed

2025 rank	Institution	Score	Status
65	K.J.Somaiya Institute of Management	51.28	Newly present
99	Institute of Management Technology, Nagpur	44.93	Newly present

2024 rank	Institution	Status
63	K J Somaiya Institute of Management Studies and Research	Not present in 2025
91	National Institute of Bank Management	Not present in 2025

Official NIRF 2025 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2024

9 Maharashtra institutions appear in the 2024 published Management list. Indian Institute of Management, Mumbai is the highest-ranked Maharashtra entry at national rank 6 with a score of 74.73.

2024 rank	Institution	2023 rank	Score
6	Indian Institute of Management, Mumbai	7	74.73
10	Indian Institute of Technology Bombay	10	67.16
13	Symbiosis Institute of Business Management	17	65.13
20	S. P. Jain Institute of Management and Research	20	60.97
21	SVKM’s Narsee Monjee Institute of Management Studies	21	60.96
31	Indian Institute of Management	43	56.94
63	K J Somaiya Institute of Management Studies and Research	45	49.66
84	Prin. L.N. Welingkar Institute of Management Development and Research (PGDM)	—	46.53
91	National Institute of Bank Management	76	44.85

Major changes from 2023 to 2024

Indian Institute of Management recorded the largest rise, moving from national rank 43 to 31, an improvement of 12 places. K J Somaiya Institute of Management Studies and Research recorded the largest fall, moving from national rank 45 to 63. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2024 rank	Institution	2023 rank	Change
31	Indian Institute of Management	43	↑ 12 places
13	Symbiosis Institute of Business Management	17	↑ 4 places
6	Indian Institute of Management, Mumbai	7	↑ 1 place
63	K J Somaiya Institute of Management Studies and Research	45	↓ 18 places
91	National Institute of Bank Management	76	↓ 15 places

Changes to the published list — 1 newly listed and 1 no longer listed

2024 rank	Institution	Score	Status
84	Prin. L.N. Welingkar Institute of Management Development and Research (PGDM)	46.53	Newly present

2023 rank	Institution	Status
73	Principal L N Welingkar Institute of Management Development and Research	Not present in 2024

Official NIRF 2024 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2023

9 Maharashtra institutions appear in the 2023 published Management list. Indian Institute of Management, Mumbai is the highest-ranked Maharashtra entry at national rank 7 with a score of 71.99.

2023 rank	Institution	2022 rank	Score
7	Indian Institute of Management, Mumbai	9	71.99
10	Indian Institute of Technology Bombay	11	68.11
17	Symbiosis Institute of Business Management	17	62.74
20	S. P. Jain Institute of Management and Research	21	60.91
21	SVKM’s Narsee Monjee Institute of Management Studies	25	60.84
43	Indian Institute of Management	43	53.41
45	K J Somaiya Institute of Management Studies and Research	—	52.14
73	Principal L N Welingkar Institute of Management Development and Research	68	48.21
76	National Institute of Bank Management	—	47.08

Major changes from 2022 to 2023

SVKM’s Narsee Monjee Institute of Management Studies recorded the largest rise, moving from national rank 25 to 21, an improvement of 4 places. Principal L N Welingkar Institute of Management Development and Research recorded the largest fall, moving from national rank 68 to 73. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2023 rank	Institution	2022 rank	Change
21	SVKM’s Narsee Monjee Institute of Management Studies	25	↑ 4 places
7	Indian Institute of Management, Mumbai	9	↑ 2 places
10	Indian Institute of Technology Bombay	11	↑ 1 place
73	Principal L N Welingkar Institute of Management Development and Research	68	↓ 5 places

Changes to the published list — 2 newly listed and 3 no longer listed

2023 rank	Institution	Score	Status
45	K J Somaiya Institute of Management Studies and Research	52.14	Newly present
76	National Institute of Bank Management	47.08	Newly present

2022 rank	Institution	Status
71	K.J.Somaiya Institute of Management	Not present in 2023
91	Pune Institute of Business Management	Not present in 2023
95	Institute of Management Technology, Nagpur	Not present in 2023

Official NIRF 2023 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2022

10 Maharashtra institutions appear in the 2022 published Management list. Indian Institute of Management, Mumbai is the highest-ranked Maharashtra entry at national rank 9 with a score of 68.84.

2022 rank	Institution	2021 rank	Score
9	Indian Institute of Management, Mumbai	12	68.84
11	Indian Institute of Technology Bombay	10	66.24
17	Symbiosis Institute of Business Management	20	61.97
21	S. P. Jain Institute of Management and Research	19	59.51
25	SVKM’s Narsee Monjee Institute of Management Studies	22	58.14
43	Indian Institute of Management	40	52.84
68	Principal L N Welingkar Institute of Management Development and Research	72	46.76
71	K.J.Somaiya Institute of Management	56	46.31
91	Pune Institute of Business Management	—	43.63
95	Institute of Management Technology, Nagpur	—	42.61

Major changes from 2021 to 2022

Principal L N Welingkar Institute of Management Development and Research recorded the largest rise, moving from national rank 72 to 68, an improvement of 4 places. K.J.Somaiya Institute of Management recorded the largest fall, moving from national rank 56 to 71. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2022 rank	Institution	2021 rank	Change
68	Principal L N Welingkar Institute of Management Development and Research	72	↑ 4 places
9	Indian Institute of Management, Mumbai	12	↑ 3 places
17	Symbiosis Institute of Business Management	20	↑ 3 places
71	K.J.Somaiya Institute of Management	56	↓ 15 places
25	SVKM’s Narsee Monjee Institute of Management Studies	22	↓ 3 places
43	Indian Institute of Management	40	↓ 3 places

Changes to the published list — 2 newly listed and 1 no longer listed

2022 rank	Institution	Score	Status
91	Pune Institute of Business Management	43.63	Newly present
95	Institute of Management Technology, Nagpur	42.61	Newly present

2021 rank	Institution	Status
69	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	Not present in 2022

Official NIRF 2022 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2021

9 Maharashtra institutions appear in the 2021 published Management list. Indian Institute of Technology Bombay is the highest-ranked Maharashtra entry at national rank 10 with a score of 68.08.

2021 rank	Institution	2020 rank	Score
10	Indian Institute of Technology Bombay	11	68.08
12	Indian Institute of Management, Mumbai	12	64.52
19	S. P. Jain Institute of Management and Research	18	58.73
20	Symbiosis Institute of Business Management	22	58.64
22	SVKM’s Narsee Monjee Institute of Management Studies	24	57.53
40	Indian Institute of Management	40	50.62
56	K.J.Somaiya Institute of Management	56	46.68
69	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	63	43.99
72	Principal L N Welingkar Institute of Management Development and Research	68	43.73

Major changes from 2020 to 2021

Symbiosis Institute of Business Management recorded the largest rise, moving from national rank 22 to 20, an improvement of 2 places. Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development recorded the largest fall, moving from national rank 63 to 69. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2021 rank	Institution	2020 rank	Change
20	Symbiosis Institute of Business Management	22	↑ 2 places
22	SVKM’s Narsee Monjee Institute of Management Studies	24	↑ 2 places
10	Indian Institute of Technology Bombay	11	↑ 1 place
69	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	63	↓ 6 places
72	Principal L N Welingkar Institute of Management Development and Research	68	↓ 4 places
19	S. P. Jain Institute of Management and Research	18	↓ 1 place

Changes to the published list — 0 newly listed and 1 no longer listed

No newly listed Maharashtra institutions in this comparison.

2020 rank	Institution	Status
60	Institute of Management Technology, Nagpur	Not present in 2021

Official NIRF 2021 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2020

10 Maharashtra institutions appear in the 2020 published Management list. Indian Institute of Technology Bombay is the highest-ranked Maharashtra entry at national rank 11 with a score of 65.76.

2020 rank	Institution	2019 rank	Score
11	Indian Institute of Technology Bombay	10	65.76
12	Indian Institute of Management, Mumbai	29	62.87
18	S. P. Jain Institute of Management and Research	16	56.93
22	Symbiosis Institute of Business Management	20	55.82
24	SVKM’s Narsee Monjee Institute of Management Studies	20	55.44
40	Indian Institute of Management	—	47.38
56	K.J.Somaiya Institute of Management	54	45.50
60	Institute of Management Technology, Nagpur	70	44.71
63	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	—	44.02
68	Principal L N Welingkar Institute of Management Development and Research	—	43.40

Major changes from 2019 to 2020

Indian Institute of Management, Mumbai recorded the largest rise, moving from national rank 29 to 12, an improvement of 17 places. SVKM’s Narsee Monjee Institute of Management Studies recorded the largest fall, moving from national rank 20 to 24. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2020 rank	Institution	2019 rank	Change
12	Indian Institute of Management, Mumbai	29	↑ 17 places
60	Institute of Management Technology, Nagpur	70	↑ 10 places
24	SVKM’s Narsee Monjee Institute of Management Studies	20	↓ 4 places
18	S. P. Jain Institute of Management and Research	16	↓ 2 places
22	Symbiosis Institute of Business Management	20	↓ 2 places

Changes to the published list — 3 newly listed and 1 no longer listed

2020 rank	Institution	Score	Status
40	Indian Institute of Management	47.38	Newly present
63	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	44.02	Newly present
68	Principal L N Welingkar Institute of Management Development and Research	43.40	Newly present

2019 rank	Institution	Status
55	Institute of Management and Entrepreneurship Development	Not present in 2020

Official NIRF 2020 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2019

8 Maharashtra institutions appear in the 2019 published Management list. Indian Institute of Technology Bombay is the highest-ranked Maharashtra entry at national rank 10 with a score of 62.74.

2019 rank	Institution	2018 rank	Score
10	Indian Institute of Technology Bombay	5	62.74
16	S. P. Jain Institute of Management and Research	19	55.67
20	SVKM’s Narsee Monjee Institute of Management Studies	24	53.56
20	Symbiosis Institute of Business Management	18	53.56
29	Indian Institute of Management, Mumbai	14	50.96
54	K.J.Somaiya Institute of Management	—	43.69
55	Institute of Management and Entrepreneurship Development	50	43.65
70	Institute of Management Technology, Nagpur	—	40.40

Major changes from 2018 to 2019

SVKM’s Narsee Monjee Institute of Management Studies recorded the largest rise, moving from national rank 24 to 20, an improvement of 4 places. Indian Institute of Management, Mumbai recorded the largest fall, moving from national rank 14 to 29. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2019 rank	Institution	2018 rank	Change
20	SVKM’s Narsee Monjee Institute of Management Studies	24	↑ 4 places
16	S. P. Jain Institute of Management and Research	19	↑ 3 places
29	Indian Institute of Management, Mumbai	14	↓ 15 places
10	Indian Institute of Technology Bombay	5	↓ 5 places
55	Institute of Management and Entrepreneurship Development	50	↓ 5 places

Changes to the published list — 2 newly listed and 0 no longer listed

2019 rank	Institution	Score	Status
54	K.J.Somaiya Institute of Management	43.69	Newly present
70	Institute of Management Technology, Nagpur	40.40	Newly present

Every Maharashtra entry in the earlier list remains present.

Official NIRF 2019 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2018

6 Maharashtra institutions appear in the 2018 published Management list. Indian Institute of Technology Bombay is the highest-ranked Maharashtra entry at national rank 5 with a score of 66.80.

2018 rank	Institution	2017 rank	Score
5	Indian Institute of Technology Bombay	—	66.80
14	Indian Institute of Management, Mumbai	—	57.02
18	Symbiosis Institute of Business Management	—	52.80
19	S. P. Jain Institute of Management and Research	18	52.31
24	SVKM’s Narsee Monjee Institute of Management Studies	—	51.03
50	Institute of Management and Entrepreneurship Development	—	42.48

Major changes from 2017 to 2018

S. P. Jain Institute of Management and Research recorded the largest fall, moving from national rank 18 to 19. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2018 rank	Institution	2017 rank	Change
19	S. P. Jain Institute of Management and Research	18	↓ 1 place

Changes to the published list — 5 newly listed and 6 no longer listed

2018 rank	Institution	Score	Status
5	Indian Institute of Technology Bombay	66.80	Newly present
14	Indian Institute of Management, Mumbai	57.02	Newly present
18	Symbiosis Institute of Business Management	52.80	Newly present
24	SVKM’s Narsee Monjee Institute of Management Studies	51.03	Newly present
50	Institute of Management and Entrepreneurship Development	42.48	Newly present

2017 rank	Institution	Status
12	National Institute of Industrial Engineering, Mumbai	Not present in 2018
34	Narsee Monjee Institute of Management Studies -Mumbai	Not present in 2018
40	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	Not present in 2018
41	K.J. Somaiya Institute of Management Studies & Reserach	Not present in 2018
46	Prin. L.N. Welingkar Institute of Management Development & Research	Not present in 2018
47	MIT School of Telecom Management	Not present in 2018

Official NIRF 2018 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2017

7 Maharashtra institutions appear in the 2017 published Management list. National Institute of Industrial Engineering, Mumbai is the highest-ranked Maharashtra entry at national rank 12 with a score of 55.74.

2017 rank	Institution	2016 rank	Score
12	National Institute of Industrial Engineering, Mumbai	—	55.74
18	S. P. Jain Institute of Management and Research	16	51.42
34	Narsee Monjee Institute of Management Studies -Mumbai	—	44.81
40	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	—	42.85
41	K.J. Somaiya Institute of Management Studies & Reserach	—	42.17
46	Prin. L.N. Welingkar Institute of Management Development & Research	—	41.27
47	MIT School of Telecom Management	—	40.94

Major changes from 2016 to 2017

S. P. Jain Institute of Management and Research recorded the largest fall, moving from national rank 16 to 18. The table shows up to three biggest rises and three biggest falls. Equal movements are ordered by current rank.

2017 rank	Institution	2016 rank	Change
18	S. P. Jain Institute of Management and Research	16	↓ 2 places

Changes to the published list — 6 newly listed and 2 no longer listed

2017 rank	Institution	Score	Status
12	National Institute of Industrial Engineering, Mumbai	55.74	Newly present
34	Narsee Monjee Institute of Management Studies -Mumbai	44.81	Newly present
40	Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development	42.85	Newly present
41	K.J. Somaiya Institute of Management Studies & Reserach	42.17	Newly present
46	Prin. L.N. Welingkar Institute of Management Development & Research	41.27	Newly present
47	MIT School of Telecom Management	40.94	Newly present

2016 rank	Institution	Status
39	Institute Of Management Technology, Nagpur	Not present in 2017
46	Institute Of Management & Entrepreneurship Development-Pune	Not present in 2017

Official NIRF 2017 Management ranking opens in a new tab

Maharashtra NIRF Management rankings 2016

3 Maharashtra institutions appear in the 2016 published Management list. S. P. Jain Institute of Management and Research is the highest-ranked Maharashtra entry at national rank 16 with a score of 74.59.

2016 rank	Institution	Previous rank	Score
16	S. P. Jain Institute of Management and Research	—	74.59
39	Institute Of Management Technology, Nagpur	—	58.85
46	Institute Of Management & Entrepreneurship Development-Pune	—	54.04

This is the earliest available Management edition; an earlier-year comparison is unavailable.

Official NIRF 2016 Management ranking opens in a new tab

Full Management ranking All states Compare colleges

Maharashtra Management ranking list

Avg score 60.06

Showing 9 colleges Sort: NIRF rank

#InstituteScore

6 IIM Mumbai Mumbai, Maharashtra Govt 77.58 0

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Improved by 6 places from #12 in 2021 to #6 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

11 Symbiosis Institute of Business Management Pune, Maharashtra Private 67.90 2

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Improved by 9 places from #20 in 2021 to #11 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

14 IIT Bombay Mumbai, Maharashtra Govt 65.82 4

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Moved down 4 places from #10 in 2021 to #14 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

20 S.P. Jain Institute of Management & Research Mumbai, Maharashtra Private 62.06 0

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Moved down 1 places from #19 in 2021 to #20 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

24 NMIMS Mumbai, Maharashtra Private 60.99 3

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Moved down 2 places from #22 in 2021 to #24 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

25 IIM Nagpur Nagpur, Maharashtra Govt 60.88 6

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Improved by 15 places from #40 in 2021 to #25 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

65 K.J.Somaiya Institute of Management Mumbai, Maharashtra 51.28 6

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Moved down 9 places from #56 in 2021 to #65 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

75 Welingkar Mumbai Mumbai, Maharashtra Private 49.08 9

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Improved by 9 places from #84 in 2024 to #75 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

99 Institute of Management Technology Nagpur Nagpur, Maharashtra 44.93 4

NIRF Rank Trend (Management)

Lower rank is better.

Highlights

Moved down 4 places from #95 in 2022 to #99 in 2025.

Consistently ranked among India's top management institutions.

Compare with another college View college profile

Data source: NIRF, Ministry of Education, Government of India. Ownership labels apply only to institutions classified in the NIRFRank database.

Maharashtra ranking questions

Which is the top Management college in Maharashtra as per NIRF 2025?

IIM Mumbai is the top Maharashtra entry, ranked #6 with a score of 77.58.

Does this include private colleges?

Yes. Private and government labels appear when the institution is resolved in NIRFRank's curated registry.

How many Maharashtra colleges are in the NIRF 2025 list?

9 ranked colleges are shown across 3 cities in this state.

What does the rank trend inside each row show?

Open any row to see that college's NIRF Management rank across the latest available editions.