Hello Abhinav,

Yes, MIT WPU pune is a not a very goof college for MBA. It has a  placement record of 80 - 90% which lies between 4 lakh to 10 lakh. The total fee of the college is 3.5 lakhs for MBA. The college don't ask for any entrance test like CAT, MAT for giving admission. ROI is ok.

I would rather suggest you to try for PUMBA or other colleges in Mumbai.

I wish you all the best.