Pune is one of the major hubs of IT, automotive sector and manufacturing industries. The city plays an important role in real estate sector too.. In 1998, work on the six-lane Mumbai-Pune expressway began; which was completed in 2001. Many IT Parks have been established in the city.
Most of these management colleges Hostel Facilities for non-local students. Both regular and distance learning courses are offered in most of the management colleges. The students who cannot stay in pune and go for higher studies can opt for distance learning courses.The symbiosis International University has many institutes and universities under it which provide management courses like Symbiosis Institute of Business Management (SIBM), Symbiosis Institute of Management Studies (SIMS), Symbiosis Institute of International Business (SIIB) are synonymous with MBA in Pune.
Apart from the MBA institutes under the Symbiosis International University, there are many other B School in Pune. Some such institutes are Balaji Institute of Modern Management, Balaji Institute of Telecom Management, ICFAI Business School, Centre for Management Research & Development, Singhad Business Schools, Singhad Institute of Management, Institute of Management & Research, Indira Institute of Management, Institute of Business Management & Research, International School of Corporate Management, Indian Institute of Management Training, International School of Business & Media, Flame School of Business, to name a few.
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