Management institutes a part of higher education system, determine the career paths of the youth and in turn the future of the country. Students, parents, teachers, staff and society in general are the stakeholders of these institutes. Faculty members, the core eighty percent human resource of any management institute, have the potential and power to transform the future generation of a country.This paper studies and identifies the affective, cognitive and conative factors which drive job satisfaction of management faculty members and is directed towards understanding the factors which affects to job satisfaction of faculty members at management institutes in Pune, in the state of Maharashtra.