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PUNE, the second largest in the state of Maharashtra after Mumbai, and is known as the cultural capital of the State.Pune is a hub of educational facilities and IT companies. It also has a great climate and residential facilities. Because of all these, and the job opportunities, Pune attracts migrants and students from all over India and abroad. Pune is often referred to as the Oxford of the East due to its large student population, and a large number of academic and research institutes. The city is home to many institutes that are internationally recognised, which includes Tata Management Training Centre, National Institute of Bank Management, National Insurance Academy.

The city has a lot to offer to the MBA aspirants. Let us talk about the factors that make Pune a leading MBA destination in India:

• Pune is ideally located in the prosperous state of Maharashtra, at an arm’s length from Mumbai; and has a very good climate. The city has good infrastructure and cost of living especially real estate is affordable (in comparison to its extremely costly neighbour Mumbai).
• From Market and Industries perspective, Pune is a rich belt. There is a sprawl of industries and establishments in and around Pune, so that majority of MBA pass outs from this tier 2 city are absorbed, even if they are from Institutes that don’t officially come into A-lister category.
  • Manufacturing Industries and Automotive Sector: The engineering conglomerate Kirloskar Group was the first to bring industry in Pune. Tata Motors, Mercedes Benz, Kinetic Motors, General Motors, Volkswagen, Fiat, etc have their presence in the city. Other than that, nearby places like Sholapur, Kolhapur, Satara, Nashik, Nagpur, etc are known Industrial belts and all together are able to absorb the complete crop of management students from within the state.
  • Information Technology: IT Giants like Infosys, Wipro, TCS, Cognizant, Tech Mahindra, IBM Global, and many more have their SDCs(Software Development Centres) that hire not only hundreds of engineers but also number of Management Graduates.
  • BFSI: IDBI, Federal Bank, Yes Bank, Kotak Mahindra Bank, State Bank of India, Bajaj Auto Finance Limited, UTI Mutual Fund, Citi Financial Consumer Finance are just few of the big names in the Banking and Finance domain that have their presence in Pune. The smaller ones are innumerable too: Sharekhan, Motilal Oswal, Anand Rathi, etc. Also, Mumbai being the finance capital of the country has quite a few requirements in this sector and looks at Pune for fulfilling most of them.