One of my friends was an MBA alumnus at PUMBA and according to him, these are the eligibility criteria -
MBA - A minimum of 50% or equivalent CGPA (45% for backward class) in any bachelor degree awarded by any university.
MBA (Executive) -
However, the profile & career objectives of the candidate will be given due weightage in the admission process.
Course |
Cut off by rank |
MBA |
95% (CMAT) |
MBA in Pharma-Biotechnology |
95% (ATMA) |
A minimum of 75% attendance in all academic sessions is a mandatory condition for grant of the term to a student at PUMBA. So, ensure that this condition is fulfilled along with their day-to-day responsibilities.
Life gets quite boring after pursuing MBA from the Department of Management Sciences, Pune. One of my friends studied at the Department of Management Sciences, Pune, and I will state some facts about how graduating from PUMBA looks like.
After graduating from PUMBA you will miss all those days of fun that you have spent there. Late-night birthday parties, gossip with friends, you will surely gonna miss all those.
Therefore, if you are thinking of joining the PUMBA, then go ahead with it. Life in college, as well as life after that, will be good.
If you are interested in Banking and Finance, NIBM is the obvious choice. It offers better future prospects, ROI, and exposure. Foreign Banks, Private Banks, NBFCs, Consulting Firms, etc. take part in NIBM Pune placement and offer niche job profiles. As per 2022 statistics, the average CTC for the institute is INR 10.50 LPA.
NIBM boasts of an excellent faculty base. The course curriculum is regularly updated according to industry trends.
You should definitely go ahead with MITCON without giving it too much thought. Placements at MITCON are quite great, with decent salary packages.
It offers a PGDM course, so the syllabus is not outdated and nor restricted. There are quite a few guest lectures organized by extremely qualified professionals that will surely help you in some way or the other.
As far as PUMBA is concerned, it is definitely a brand in itself for a regular MBA but you will have to ask a student that goes there. However, the Pharma and Agriculture PGDM courses at MITCON are much better. You will have good Pharma placements at MITCON. PUMBA on the other hand offers decent placement across various domains.
So, choose according to your convenience.
Due to its government institute status and government support, PUMBA has lower tuition than other B-schools. This lowers tuition fee, making it an affordable MBA program.
PUMBA students can pay fees in installments and get a strong return on investment (ROI). The laid-back atmosphere lets students pursue interests and extracurriculars. The typical crowd and learning experience are negatives. PUMBA is better for freshers than experienced professionals and lacks a Training and Placement Office (TPO), which may impair placement quality.
It is essential to be aware that the overall placement scenario at PUMBA, including all specializations, could be better. However, if you have a good conceptual understanding and average communication skills, you can expect a decent job with a salary range of 4 to 7 lakhs per annum.
In terms of placements specifically for operations management, you may face some challenges as most companies visiting the campus are focused on marketing and finance, and mainly on sales profiles. However, there are a few companies, such as TCS, TCS BPS, Infosys BPO, Premium Transmission, Orient Cement, and Ador Welding, that do recruit students from operations. The packages offered for these roles typically range from 4 to 6.5 lakhs per annum, depending on your previous work experience.
Additionally, the batch size for Operations Management is relatively small, which can sometimes make it more challenging to attract companies to the campus. However, if you have a genuine interest in learning Operations Management and are prepared to face some challenges, then PUMBA can still be a good option for you.
MBA colleges in Maharashtra reserve a large portion of seats for the students of Maharashtra Domicile. Over the years the reserved category has reduced but to date, it is more than half of the total seats.
When the results are out you have to register on the DTE Maharashtra website to avail domicile benefit. Fill in the preferences and the colleges you want to get in.
For MBA ++, if you are from Maharashtra, then you need to attempt and clear the MH-CET exam. For outside Maharashtra students, CAT/MAT/ATMA/XAT/MH-CET scores are accepted.
In order to pursue Pharma MBA, you need to complete your graduation from either of the courses Biology, Chemistry, Biochemistry, Biotechnology, Botany, Environmental Sciences, Physics, Zoology, Agriculture, Ayurveda, Medicine, Technology Engineering, etc.
You need to pursue any of these courses from any university that is recognized by the Association of Indian Universities (AIU). In addition to this, you also need to attempt and clear ATMA.
Quite good and honestly, most non-Maharastra students tend to not take admissions beyond these 5–6 colleges. You may have to score in the range of 98%ile to 99.9 to get into some of these colleges.
There are fair chances of Non - Maharashtra students of getting the above-mentioned colleges under All India Category seats as per DTE Maharashtra for MS and PGDM programs. In colleges such as SIMSREE & PUMBA, more seats are reserved for students from Maharashtra as compared to seats for students from the All India category. You can refer to the DTE Maharashtra website for more information.
It depends on your perspective. You will get the best ROI in PUMBA but, here I would like to throw some light on certain other factors that you need to know.
Average CTC |
6.43 LPA |
Highest CTC |
16 LPA |
Major recruiters |
HDFC Bank, CitiBank, TCS |
The infrastructure on PUMBA is amazing. You will surely love its scenic beauty.