Which is better for an MBA, Pumba or MIT Pune?

It is subjective and depends what you are looking for but PUMBA is a better college than MIT in terms of placements and return on investment. 

Below is a table comparing them on the basis of their Fees, highest and average package as of 2023.

Based on the above statistics, PUMBA can be considered a better option as it is offering good ROI than MIT Pune.