MBA Colleges in Indore: Fees Structure & Without Entrance Exam
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MBA Colleges in Indore: Fees Structure & Without Entrance Exam

Indore, known as Madhya Pradesh’s heart of downtown and the state’s education hub, provides greater corporate interface availability, making it an ideal place to study MBA.

 Saurav Anand 07/04/2022
MBA Colleges in Indore: Fees Structure & Without Entrance Exam
MBA Colleges in Indore Apply Now And Get Upto 80% Discount On Application Form Indore, known as Madhya Pradesh’s heart of downtown and the state’s education hub, provides greater corporate interface availability, making it an ideal place to study MBA. The best MBA colleges in Indore provide part-time, full-time, and distance MBA programmes. There are more than 87  MBA colleges in Indore out of which  79 private MBA colleges in Indore and 7 government MBA colleges in Indore. The best MBA colleges in Indore are AICTE-approved and offer a variety of MBA specialisations such as finance, marketing, human resource management, information technology, and so on. You can say PIMR Indore and IIM Indore are two of the top 10 MBA Colleges in Indore. IIM Indore, IIPS Indore, SGSITS Indore, and Devi Ahilya Vishwavidyalaya Indore are among the best MBA government colleges in Indore. Admission to the MBA colleges in Indore is based on the results of MBA entrance exams, which are followed by a GD/…

MBA Colleges in Indore

Indore, known as Madhya Pradesh’s heart of downtown and the state’s education hub, provides greater corporate interface availability, making it an ideal place to study MBA. The best MBA colleges in Indore provide part-time, full-time, and distance MBA programmes. There are more than 87  MBA colleges in Indore out of which  79 private MBA colleges in Indore and 7 government MBA colleges in Indore. The best MBA colleges in Indore are AICTE-approved and offer a variety of MBA specialisations such as finance, marketing, human resource management, information technology, and so on. You can say PIMR Indore and IIM Indore are two of the top 10 MBA Colleges in Indore. IIM Indore, IIPS Indore, SGSITS Indore, and Devi Ahilya Vishwavidyalaya Indore are among the best MBA government colleges in Indore.

Admission to the MBA colleges in Indore is based on the results of MBA entrance exams, which are followed by a GD/ PI round. NIRF 2021 ranks Indian Institute of Management – IIM Indore sixth among the Top MBA colleges in India, and it is the best MBA college in IndoreTop MBA colleges in Indore accept scores from a variety of national or state-level entrance exams, including MAT,  CAT, XATCMAT,  ATMA, MPMET, NMAT, DAVV CET,  SNAP, ACET, and others. Some of the MBA colleges in Indore without entrance exam include Oriental University, SAGE University, and IIBS Indore.  Top MBA colleges in Indore with Fees structure range between INR 60,000 and 8.68 Lakhs. The MBA colleges in Indore with low fees are VGI Indore, GSIMR Indore,  and IIM Indore. IMS DAVV, IIM Indore, and PIMR Indore are among the best MBA placement colleges in Indore. The average placement package provided by the best MBA colleges in Indore ranges from INR 23 to 27 LPA.

Indore is a prominent city in Central India. Indore is the commercial center of Madhya Pradesh and that is also known as "Mini Mumbai." 

Indore has traditionally been a center for the textile, manufacturing, and kitchenware industries. But it also known to have many Top MBA Colleges, many IT start-ups have recently attempted to build a presence here. This city is home to several small and medium-sized businesses. It also provides convenient access to Madhya Pradesh's industrial centers.

Indore is the only city in India that consists of both IIM and IIT, which has contributed to the city's diversified student population. Both have now created a fertile environment for entrepreneurial energy and are collaborating to establish an employment ecosystem. The Government of India picked Indore for IIM to stimulate management education in the country's core region. Here are some of the MBA Colleges located in Indore .

Indore education is an excellent choice for those interested in pursuing a career in management. Indore has one of the greatest population densities in India, and because of the presence of some of the most famous institutions, such as the IIM-Indore and other notable schools, students from all over the world come Indore to pursue higher education.

It is the state’s learning and educational capital and one of Madhya Pradesh’s most significant cities. Because of the numerous enterprises and IT parks that surround the city, as well as the city’s role as an industrial and commercial hub. Because of its near proximity to industrial facilities as well as industries, the MBA in Indore may assist students to acquire better employment and gain hands-on experience.

The city’s many areas are linked by efficient public transit, and additional innovations are being implemented to further improve the infrastructure. The bulk of Indore’s schools are associated with the University of Devi Ahilya Vishwavidyalaya, which was founded in 1964 and is one of India’s oldest universities. Indore is an excellent place for students to pursue higher education since it successfully shapes students’ career trajectories.

MBA Colleges In Indore

SL. No.MBA College NameCity
1Amity Global Business School, IndoreIndore
2NMIMS University, IndoreIndore
3IIM Indore - Indian Institute of Management)Indore
4DAVV - Devi Ahilya VishwavidyalayaIndore
5Devi Ahilya Vishwavidyalaya, Takshashila CampusIndore
6Dr. B.R. Ambedkar University of Social SciencesIndore
7SAGE University, IndoreIndore
8Symbiosis University of Applied SciencesIndore
9Renaissance UniversityIndore
10Idyllic Institute of ManagementIndore

List of MBA Colleges in Indore

Name of the InstituteEntrance Exams AcceptedFees
Prestige UniversityCMAT
CAT
₹ 11 L
Jaipuria Indore – Jaipuria Institute of ManagementCMAT
MAT
₹ 8.75 L
IIM Indore – Indian Institute of ManagementCAT IPMAT₹ 16.61 L – 28.64 L
DAVV – Devi Ahilya VishwavidyalayaDAVV CET₹ 52.5 K
Devi Ahilya Vishwavidyalaya, Takshashila CampusCMAT
DAVV CET
₹ 84.5 K – 4.34 L
Dr. B.R. Ambedkar University of Social SciencesNot Prescribed₹ 61.95 K
Amity Global Business SchoolNot Prescribed₹ 4.5 L
SAGE UniversityNot Prescribed₹ 1.2 L – 3.44 L
Prestige Institute of Management and ResearchCMAT₹ 2.38 L
Prestige Institute of Engineering Management and ResearchCMAT
MAT
₹ 3.14 L
NMIMS UniversityNMAT
NMIMS – NPAT
₹ 13.82 L – 15 L
Medi-Caps UniversityCMAT
CAT
₹ 2.05 L
Acropolis Institute of Technology and ResearchCMAT
DAVV CET
₹ 1.39 L
Indore Institute of Management and ResearchCMAT
DAVV CET
₹ 1.22 L
Symbiosis University of Applied SciencesCMAT
MAT
₹ 11.3 L
Idyllic Institute of ManagementDAVV CET₹ 1.37 L – 2.93 L
Astral Institute of Technology and Research (Astral )CMAT
CAT
₹ 80.2 K
Sri Aurobindo Institute of TechnologyCMATNot Prescribed
Shivajirao Kadam Institute of Technology & ManagementCMAT₹ 1.44 L – 2.25 L
Acropolis Faculty of Management and ResearchCMAT
DAVV CET
₹ 1.3 L
Shri RGP Gujarati Professional InstituteCMAT
DAVV CET
₹ 1 L
Maharaja Ranjit Singh College of Professional SciencesDAVV CET₹ 1.01 L
Govindram Seksaria Institute of Management and ResearchCMAT
DAVV CET
₹ 1.06 L
Shri G. S. Institute of Technology and ScienceCMAT
DAVV CET
₹ 2.34 L
Sushila Devi Bansal College of TechnologyCMAT
DAVV CET
₹ 96.6 K
Renaissance UniversityNot Prescribed₹ 1.04 L – 3.69 L
IPS AcademyCMAT₹ 2.3 L
Malwa Institute of TechnologyCMAT
CAT
₹ 1.05 L
Shri Vaishnav Institute of ManagementCMAT
DAVV CET
₹ 1.2 L – 1.44 L
SIMS – Sanghvi Institute of Management and ScienceCMAT
MAT
₹ 1.3 L – 1.8 L
●     BM Professional Institute●     Maharishi Institute of Management Studies●     Tagore Shiksha College●     ISBA Institute of Professional Studies●     International Institute of Professional Studies, Devi Ahilya Vishwavidhyalaya●     K.K. Vigyan Avam Vyavsaik Adhyayan Mahavidyalaya●     Radiant Institute of Management and Science●     Shri Atal Bihari Vajpayee Govt Arts and Commerce College●     Parijat College●     Sagar Institute of Research and Technology●     Shiv Kumar Singh Institute of Technology●     Shri Yashwant Singh College●     Shri Jain Diwakar Mahavidyalaya●     Indore Mahavidyalaya●     SKS Institute of Business Studies●     Gurukul Academy●     BM Institute of Professional Studies, BM Group of Institutions●     Heritage Academy●     Artemisia Business School●     Patel Institute of Management Studies●     CH College 

MBA College Rankings Based on Renowned Organizations

RankName of the Management InstitutionRanking Organisation
6IIM Indore – Indian Institute of ManagementNIRF
41Prestige Institute of Management and Research (PG Campus)The Week
122Jaipuria Indore – Jaipuria Institute of ManagementThe Week
275Shri Vaishnav Institute of ManagementBusiness Today
76-100IPS AcademyNIRF
259Acropolis Faculty of Management and ResearchBusiness Today
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Highlights: MBA Colleges in Indore

ParametersParticulars/Statistics
No. of MBA colleges in IndoreApproximately 100 MBA colleges in Indore
Fees-Annual Fees < Rs 1 lakh: 18%
-Annual Fess Rs1-2 lakh: 43%
Top SpecialisationsFinance, Sales and Marketing, HR, IT and Systems, Operations, International Business, Business Analytics
Admission Process-Entrance Based: CMAT, CAT, MAT, XAT, ATMA, DAVV CET, NMAT, SNAP, etc.
Top MBA colleges in IndoreIIM Indore

Indore, otherwise called the commercial capital of Madhya Pradesh with its one of a kind status as the instruction center of the state, offers more noteworthy corporate connection point accessibility which pursues it an ideal decision to concentrate on MBA.

Expert of Business Administration or MBA is one of the most well known post-graduate projects in Indore. The two-year program is an entryway to a plenty of open positions in the corporate world. Indore has moderately great network and has been the center of exchange and business which additionally accommodates enhanced and high work choices. Indore has the biggest economy in focal India and is the business and exchanging capital of the state. Indore is home to numerous FDI organizations, for example, Bridgestone, Eicher Volvo, Force Man Trucks, Liu Gong, Caparo, and Avtec Ford.

Best universities for MBA in Indore acknowledge scores got by up-and-comers in various public or state-level selection tests including CMAT, CAT, MAT, XAT, ATMA, DAVV CET, MPMET, NMAT, SNAP, ACET, and so on.

Top MBA Colleges in Indore

Here is a list of the top MBA colleges in Indore for the 2020 academic year. In Indore, there are around 73 business schools that provide MBA degrees. In Indore, there are 6 public MBA institutes and around 65 private MBA institutes.

Some of the most well-known MBA colleges in Indore are as follows:

Some of the popular MBA colleges that top the list of rankings in Indore include:-

  1. Shri Atal Bihari Vajpai Govt Arts and Commerce College, Indore
  2. Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore
  3. Prestige Institute of Management Dewas, Indore
  4. Prestige Institute of Management and Research, Indore
  5. Institute of Management Studies, Devi Ahilya Vishwavidyalaya, Indore

Top 10 MBA Colleges in Indore

Indore is known as Madhya Pradesh’s heart of downtown and the state’s education hub. There are more than 87 MBA colleges in Indore out of which  79 private MBA colleges in Indore and 7 government MBA colleges in Indore.  Here is the list of Top 10 MBA colleges in Indore along with their fees structure which is given below:

College/ University NameAverage Annual Fees
Indian Institute of Management - [IIM], IndoreINR 8,50,711
Prestige Institute of Management and Research - [PIMR], IndoreINR 1,19,500
Institute of Business Management & Research - [IBMR], IndoreINR 1,15,000
Prestige Institute of Engineering Management and Research - [PIEMR], IndoreINR 1,57,000
Shri Vaishnav Institute of Management - [SVIM], IndoreINR 73,620
CH Institute of Management & Commerce - [CHIMC], IndoreINR 58,000
Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], IndoreINR 2,77,000
Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], IndoreINR 63,211
International Institute of Professional Studies - [IIPS], indoreINR 81,822
BM College of Management and Research - [BMCMR], IndoreINR 55,000

MBA Colleges in Indore with Fee Structure

Here is the list of MBA Colleges in Indore with Fee Structure which is given below:

College/ University NameAverage Annual Fees
Indian Institute of Management - [IIM], IndoreINR 8,50,711
Prestige Institute of Management and Research - [PIMR], IndoreINR 1,19,500
Jaipuria Institute of Management, IndoreINR 4,37,500
Institute of Business Management & Research - [IBMR], IndoreINR 1,15,000
Prestige Institute of Engineering Management and Research - [PIEMR], IndoreINR 1,57,000
Shri Vaishnav Institute of Management - [SVIM], IndoreINR 73,620
CH Institute of Management & Commerce - [CHIMC], IndoreINR 58,000
Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], IndoreINR 2,77,000
Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], IndoreINR 63,211
International Institute of Professional Studies - [IIPS], IndoreINR 81,822

MBA Colleges in Indore with Low Fees

There are some MBA colleges in Indore that charge lower fees on average than many other top MBA colleges in India. Here is the list of MBA Colleges in Indore with low Fees which is given below:

College/ University NameAverage Annual Fees
Vindhya Institute of Management & Research, IndoreINR 37,000
Prestige Institute of Management and Research - [PIMR], IndoreINR 1,19,500
Lakshmi Narain College of Technology & Science - [LNCTS], IndoreINR 35,000
Prestige Institute of Engineering Management and Research - [PIEMR], IndoreINR 1,57,000
Vindhya Institute of Technology & Science - [VITS], IndoreINR 37,000
Lakshmi Narain College of Technology & Science - [LNCTS], IndoreINR 37,000
Swastika Institute Of Higher Education and Technology - [SIHET], IndoreINR 35,400
Dr. B. R. Ambedkar University of Social Sciences, IndoreINR 30,590
Patel Group of Institution - [PGOI], IndoreINR 35,000
Sushila Devi Bansal College, IndoreINR 30,000

Government MBA Colleges in Indore

There are more than 87 MBA colleges in Indore out of which  79 private MBA colleges in Indore and 7 government MBA colleges in Indore.  The government MBA colleges in Indore provide excellent placement opportunities and a high return on investment (Return of Investment). The average annual fees for some of the Government MBA colleges in Indore are listed below.

College/ University NameAverage Annual Fees
International Institute of Professional Studies - [IIPS], IndoreINR 81,822
Prestige Institute of Management and Research - [PIMR], IndoreINR 1,19,500
Prestige Institute of Engineering Management and Research - [PIEMR], IndoreINR 1,57,000
Shri Govindram Seksaria Institute of Technology and Science- [SGSITS], IndoreINR 1,18,015
Dr. B. R. Ambedkar University of Social Sciences, IndoreINR 30,590
Directorate of Distance Education, Devi Ahilya Vishwavidyalaya - [DDE DAVV], IndoreINR 27,750
Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], IndoreINR 41,601

MBA Colleges in Indore without Entrance Exam

Many top MBA colleges in Indore use national level MBA entrance exams to select students, and some private colleges/universities conduct self-entry exams for students who wish to enrol. The candidate who did not gain admission to colleges for a specific course through entrance exams or examinatin scores. Top Private MBA colleges in Indore have seats reserved for direct entry through management quota seats in interested courses, and students must meet the government’s eligibility criteria. Here is the list of MBA colleges in Indore without Entrance Exam which is given below:

  • Symbiosis University of Applied Sciences
  • Malwa Institute of Technology
  • Sanghvi Institute of Management & Science
  • Shri Govindram Seksaria Institute of Technology and Science
  • Shri Vaishnav Institute of Technology & Science
  • Indore Institute of Science & Technology
  • Lakshmi Narain College of Technology and Science Indore
  • Venkteshwar Institute of Technology
  • Sanghvi Innovative Academy
  • SAGE University
  • Prestige Institute of Management
  • Prestige Institute of Management and Research
  • PMB Gujarati Commerce College
  • Pioneer Institute of Professional Studies

Ranking of MBA Colleges in Indore

The MBA Colleges in Indore rankings are based on lists produced by organizations such as Business Today, The Economic Times, NIRF, and others. The rankings are based on a variety of factors, including faculty, placements, learning outcomes, exam patterns, and so on.

The list of Indore B-Schools that essentially make it into the list of top institutions in India provides specialized courses in several fields such as:

  • Systems Management
  • Information Systems
  • Production and Operations Management Systems
  • Marketing
  • Human Resource Management
  • Operations Management
  • Production Management
  • International Business
  • Finance
  • Information Technology

Top MBA Colleges in Indore

IIM Indore. IMS-Devi Ahilya Vishwavidyalaya, Indore. School of Commerce-Devi Ahilya Vishwavidyalaya, Indore. SUAS Indore.

Top MBA colleges in Indore with fee structure

1. Jaipuria Institute of Management

INR 7. 20 LPA (Approx)

2. Institute of Business Management and Research

INR 1 LPA – 1.68 LPA (Approx)

3. Sanghvi Institute of Management and Science

INR 1.25 LPA- 4.10 LPA (Approx)

4. Prestige Institute of Management and Research

INR 0. 55 LPA – INR 4.53 LPA (Approx)

5. Institute of Management Studies Devi Ahilya University

INR 1. 19 LPA- 2.90 LPA (Approx)

MBA Colleges in Indore with Low Fees

Direct admission in MBA colleges in Indore, It is mostly determined by the results of the Entrance Exam. MBA colleges in Indore list are given below in the article provided by Formfees, MBA colleges in Indore fees on an average course fee of MBA colleges in Indore is around Rs. 5-6 lakh.

MBA Colleges in Indore Without Entrance Exam

MBA students can take admitted in MBA without Entrance Exams such as CAT. Although all the IIMs depend on CAT for admission, various colleges have taken other routes for their MBA Admission. Many MBA colleges have their own entrance exams for student selection.

MBA Government College in Indore

Refer to the table below to know the top government MBA colleges in Indore:

1Indore Professional Studies Academy, (IPSA) Indore1,10,000
2Ch Institute of Management & Commerce, (CHIMC) Indore1,14,000
3Malwa Institue of Science and Technology, (MIST) Indore1,07,000
4Acropolis Technical Campus, Indore1,09,000

MBA Colleges in Indore Cut Off

Indore MBA Colleges have cut-off scores ranging from 60% to 95% for various admission examinations like as CAT, SNAP, XAT, IBSAT, CMAT, GMAT, ATMA, MAT, MAH CET, and others. The best MBA institutions in Indore have high cut-offs of more than 90%.

MBA in Banking and Finance Colleges in Indore –

  1. Jaipuria Indore – Jaipuria Institute of ManagementIndore. 
  2. NMIMS University, IndoreIndore. 
  3. Prestige Institute of Management and Research (PG Campus)Indore. 
  4. Acropolis Institute of Technology and ResearchIndore. 
  5. Indore Institute of Management and Research Indore.

AICTE approved MBA colleges in Indore | AICTE Approved PGDM Course in Indore College: the list of aicte approved MBA colleges in Indore

  1. Jaipuria Institute of Management, Indore.
  2. Scholars Public School.
  3. Delhi College.
  4. Jpb College.
  5. Anant Institute of Business Studies.
  6. Sardar Vallabh Bhai Patel Mahavidyalaya, Barwani.
  7. Parakh College, Bhopal.
  8. Radha Krishna College, Datia.

Prestige institute of management and research MBA colleges in Indore is known to be one fo the Best placement MBA colleges in Indore

MBA Distance Learning Colleges in Indore | Distance MBA Colleges in Indore

  • M G Chitrakoot Gramodaya Vishwavidyalaya Distance Learning
  • ITRC Computer Education Distance Learning
  • Devi Ahilya Vishwavidyalaya Distance Learning
  • Awadhesh Pratap Singh University Distance Learning
  • Anuranjan Master Mind Computers Distance Learning

MBA HR Colleges in Indore –

  1. Indian Institute of Management, IndoreIndore.
  2. Jaipuria Indore – Jaipuria Institute of ManagementIndore. 
  3. NMIMS University, Indore.
  4. Prestige Institute of Management and Research (PG Campus)Indore. 
  5. Acropolis Institute of Technology and ResearchIndore.

MBA in hotel management colleges in Indore haven’t been ranked in any ranking list released specifically for the top hotel management colleges in India. However, 2 institutes have been featured in the overall list released for top colleges in India. These include:

  1. IPS Academy, Indore
  2. State Institute of Hotel Management, Indor

MBA Colleges in Indore: Eligibility Criteria

The qualification standards for MBA courses in Indore might contrast from one school to another. Be that as it may, the essential qualification rules for MBA are as per the following:

Up-and-comers probably passed graduation in any discipline or identical from a perceived college Most of the institutes follow the base score models in graduation which is half total or comparable CGPA. For saved classification understudies, the base score is 45% in total or identical CGPA.

Last year graduation understudies are additionally qualified to apply for MBA, gave they present the verification of fulfillment of graduation degree inside the span determined by the institute.

Top MBA Specializations in Indore

MBA Colleges in Indore offer expanded specializations like Finance, Human Resources, Sales and Marketing, IT and Systems, Operations, International Business, Travel and Tourism Management, Entrepreneurship, Business Analytics, Agriculture and Food Business, and so on. The most famous ones are Finance and Human Resources followed by Sales and Marketing.

Which are the Most Popular MBA Exams in Indore?

The most famous placement tests for concentrating on MBA in Indore are CMAT and CAT. While scoring great imprints in CMAT will assist you with arriving in schools like Institute of Management Studies, Devi Ahilya Vishwavidyalaya (DAVV), Indore and Jaipuria Indore, CAT is your pass to universities like IIM Indore and IBMR IPS, Indore.

The other schools acknowledge MAT, XAT, ATMA, DAVV CET, MPMET, NMAT, SNAP, ACET, and so on, for admission into their universities.

Top MBA colleges in Indore MP

Top MBA colleges in Indore MP includes IIM Indore, IMS-Devi Ahilya University are only some of the many top MBA colleges in Indore. MBA in Indore is an excellent alternative since there are many MBA options in Indore with quality education at a reasonable cost and a great return on investment. 

Apart from the top MBA institutions in Indore mentioned above, notable MBA colleges in Indore include Symbiosis University of Applied Sciences (SUAS), Jaipuria Institute of Management, and others. Greater corporate interface is offered in MBA institutions in Indore, which is known as the commercial hub of Madhya Pradesh and has the unique position of being the state’s education centre.

Top MBA Colleges in Indore with Ratings

Look at the table below to realize the  rating (Aggregate) for the main 10 MBA universities in Indore:

Name of the InstituteRatings (Aggregate)
Indian Institute of Management, Indore (IIM Indore)4.4
NMIMS University4.3
Jaipuria Institute of Management, Indore4.3
Prestige Institute of Management and Research4.1
Devi Ahilya Vishwavidyalaya (DAVV)3.9
Symbiosis University of Applied Sciences4.2
Indore Institute of Management and Research4.5
Amity Global Business School4.1
SAGE University4.2
Institute of Business Management and Research (IBMR IPS)4

List of Top Private and Government MBA Colleges in Indore

Private MBA Colleges in Indore

Refer to the table below to know a portion of the top confidential MBA schools in Indore:

Name of the InstituteCourse Fee (in Rs)
NMIMS University, Indore13.82 L – 14.54 L
Jaipuria Institute of Management, Indore7.75 L
Prestige Institute of Management and Research2.38 L
Symbiosis University of Applied Sciences11.3 L
Medi-Caps University1.75 L

List of MBA colleges in Indore affiliated to DAVV

  1. Prestige Institute of Management and Research
  2. Institute of Management Studies, Devi Ahilya Vishwavidyalaya – [IMS-DAVV]
  3. VSOM
  4. Indore Management Institute and Research Centre – [IMI]
  5. Idyllic Institute Of Management
  6. GSIMR Indore

Integrated MBA Colleges in Indore | BBA MBA Colleges in Indore Includes

  • Acropolis Technical Campus, Indore
  • International Institute of Professional Studies, [IIPS] Indore
  • Institute of Management Studies, [IMS] Indore
  • Shri Vaishnav Vidyapeeth Vishwavidyalaya, [SVVV] Indore

Some of the popular list of all MBA colleges in Indore that top the list of rankings in Indore include:-

  1. Shri Atal Bihari Vajpai Govt Arts and Commerce College, Indore
  2. Prestige Institute of Management and Research, Indore
  3. Institute of Management Studies, Devi Ahilya Vishwavidyalaya, Indore
  4. Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore
  5. Prestige Institute of Management Dewas, Indore

List of Top Private MBA College in Indore and Government MBA Colleges in Indore

MBA Colleges in Indore

Refer to the table below to know some of the top private MBA colleges in Indore: private university MBA colleges in Indore

Name of the InstituteCourse Fee (in Rs)
Devi Ahilya Vishwavidyalaya (DAVV)60.42 K
IIM Indore15.01 L – 26 L
Dr. BR Ambedkar University of Social Sciences61.95 K
DAVV, Takshashila Campus94.42 K – 4.61 L

Government College for MBA in Indore

Refer to the table below to know the top government MBA colleges in Indore:

Name of the InstituteCourse Fee (in Rs)
NMIMS University, Indore13.82 L – 14.54 L
Jaipuria Institute of Management, Indore7.75 L
Prestige Institute of Management and Research2.38 L
Symbiosis University of Applied Sciences11.3 L
Medi-Caps University1.75 L
https://www.youtube.com/watch?v=TQLlxBAbjLo
https://www.youtube.com/watch?v=Tt_baycf4Wk

BBA and MBA colleges in Indore –

IIM Indore 5-year Integrated MBA. The Five-year Integrated course in Management (BBA+MBA) is a 15-term program that is spread over five years with three terms a year. Each term is for three months. The course includes management education in the social sciences setting.

One fo the best institutes in Indore is the Prestige Institute of Management and Research  and below we have listed Fees of MBA in prestige college Indore and among other details 

Courses at PIMR Indore are available at the undergraduate, postgraduate, diploma, and doctorate levels. Prestige Institute of Management and Research offers a total of 25 programs. Devi Ahilya Vishwavidyalaya, Indore, offers PIMR Indore courses. B.B.A. and B.Com Hons, B.A. L.L.B., M.B.A., M.B.A part-time, L.L.M., M.M.C.B.A. The institute provides courses in journalism, mass communication, and other areas. The costs and duration of the program are determined by the level of degree and specialty desired by the candidates. All of the courses are offered full-time.

Prestige Institute of Management and Research Courses, Fees, Seats intake and Eligibility Criteria

Name of the CollegeFees
Indian Institute of ManagementRs. 5.50 lakhs – 21 Lakhs p.a. (Approx.)
Institute of Business Management and Research, IPS academyRs. 1.04 lakhs – 1.71 Lakhs p.a. (Approx.)
Institute of Management Studies Devi Ahilya UniversityRs. 1.20 lakhs – 2.96 Lakhs p.a. (Approx.)
Jaipuria Institute of ManagementRs. 7.25 Lakhs p.a. (Approx.)
Prestige Institute of Management and researchRs. 0.60 - 4.59 Lakhs p.a. (Approx.)
Sanghvi Institute of Management and ScienceRs. 1.30 lakhs – 4.20 Lakhs p.a. (Approx.)
Narsee Monjee Institute of Management StudiesRs. 7.54 lakhs – 14.50 Lakhs p.a. (Approx.)

List of all MBA Colleges in Indore

Indore’s Best MBA/PGDM Colleges (NIRF 2020 Ranking)

NIRF is a popular site in India and among students for viewing the rankings of their favourite colleges in many educational areas. NIRF was founded and debuted in September 2015, and it has since provided rankings to numerous institutions in various fields.

The Ministry of Human Resource Development manages this government website. It rates 100 institutions from throughout India that provide various management degrees in the management field.

Mentioned below are the list of MBA colleges in Indore based on their NIRF 2020 Ranking: –

Name of the CollegeFees
Indian Institute of ManagementRs. 5.50 lakhs – 21 Lakhs p.a. (Approx.)
Institute of Business Management and Research, IPS academyRs. 1.04 lakhs – 1.71 Lakhs p.a. (Approx.)
Institute of Management Studies Devi Ahilya UniversityRs. 1.20 lakhs – 2.96 Lakhs p.a. (Approx.)
Jaipuria Institute of ManagementRs. 7.25 Lakhs p.a. (Approx.)
Prestige Institute of Management and researchRs. 0.60 - 4.59 Lakhs p.a. (Approx.)
Sanghvi Institute of Management and ScienceRs. 1.30 lakhs – 4.20 Lakhs p.a. (Approx.)
Narsee Monjee Institute of Management StudiesRs. 7.54 lakhs – 14.50 Lakhs p.a. (Approx.)

List of MBA/PGDM Colleges in Indore (Course Fees)

Some MBA colleges in Indore are relatively pricey, while others are reasonably priced. MBA is an expensive education in India, yet students choose it since the income packages after graduation are fairly excellent if you attend one of the reputable universities.

In general, the costs are determined by the facilities and privileges supplied by the college. Aside from that, it is chosen how much effort they put into delivering education to kids. All of the best MBA institutions in Indore, as well as their tuition prices, are listed here.

Name of the CollegePlacement Packages
(Median Package)
Top Recruiters
Indian Institute of ManagementRs. 19.40 Lakhs p.a. (Approx.)The Boston Consulting Group, PwC, Goldman Sachs, JP Morgan Chase & Co., American Express, HUL, Asian Paints, Google, Amazon, and ITC.
Institute of Business Management and Research, IPS academyRs. 4.65 Lakhs p.a. (Approx.)Blue Dart, Cease Fire, HDFC Bank, Future Group, ICICI Bank, Justdial.
Institute of Management Studies Devi Ahilya UniversityRs. 4.00 Lakhs p.a. (Approx.)Deloitte, ACC, Aditya Birla Group, ICICI, Mahindra, Nestle, ITC, Dainik Bhaskar, and Reliance Mobile.
Jaipuria Institute of ManagementRs. 5.30 Lakhs p.a. (Approx.)Amazon, Deloitte, HDFC Bank, Colgate, Palmolive, E&Y, Genpact, ITC, Asian Paints, Philips, Landmark, Force Motors, Reckitt Benckiser, GSK, Mahindra, and Mahindra, Zomato,
Prestige Institute of Management and ResearchRs. 4.00 Lakhs p.a. (Approx.)Asian Paints, Axis Bank, Berger Paints, Coca-Cola, Deloitte, Genpact, HDFC Bank
Sanghvi Institute of Management and ScienceRs. 4.80 Lakhs p.a. (Approx.)Aegon Religare, Angel Broking, Axis Bank, ICICI, Jet Airways, Just Dial, Kotak Securities, Mphasis, NIIT, Reliance Digital, Shoppers Stop, TVS Group
Narsee Monjee Institute of Management studiesRs. 17.79 Lakhs p.a. (Approx.)TCS, Microsoft, ICICI Bank, Newgen and Eduonix, Federal Bank, ICICI Bank, RedDot entertainment.

List of MBA/PGDM Colleges in Indore (Placement Opportunities)

As previously said, MBA/PGDM programs offer excellent job chances. Most students enroll in an MBA program because of the pay they would get. Many prestigious institutions encourage big corporations to recruit their pupils. Even for an ordinary college, the starting salary is 3 lakhs. The maximum package might even reach 60 lakhs per year.

We have included all of the MBA institutions in Indore and their placement prospects below.

Name of the CollegesEntrance exam
Indian Institute of ManagementIPMAT, CAT, GMAT (Further they also conduct written aptitude test {WAT} and research aptitude test {RAT})
Institute of Business Management and Research, IPS academyCMAT, ATMA, CAT, XAT, MAT
Institute of Management Studies Devi Ahilya UniversityCMAT
Jaipuria Institute of ManagementCMAT, CAT, XAT, MAT, ATMA
Prestige Institute of Management and researchCMAT
Sanghvi Institute of Management and ScienceCMAT
Narsee Monjee Institute of Management StudiesNMIMS - NPAT
https://www.youtube.com/watch?v=tQj4J5ND-o8
https://www.youtube.com/watch?v=8yqMAfQXZ6s

List of MBA/PGDM Colleges in Indore (Entrance Exams)

Entrance examinations are quite important for all MBA programs in India. Many national level examinations, state-level exams, and institution-based exams are recognized by MBA programs. CAT, MAT, XAT, and CMAT are some well-known tests.

All of the best MBA institutions in Indore, as well as the tests they accept, are listed here.

MBA Agriculture Colleges in Indore

  • SAGE University, Indore
  • ITM University, Gwalior
  • Rabindranath Tagore University
  • Prestige University

MBA colleges in Indore ranking Mentioned below are the list of MBA colleges in Indore based on their NIRF 2020 Ranking: –  Indian Institute of Management Indore

MBA Hindi Medium College in Indore

  1. ISBA Institute of Professional StudiesIndore.
  2. Shri Vaishnav Vidyapeeth VishwavidyalayaIndore. …
  3. Maharaja Ranjit Singh College of Professional SciencesIndore. 
  4. Bherulal Patidar Government PG CollegeIndore.
  5. Indore Christian CollegeIndore.
  6. Devi Ahilya Vishwavidyalaya, Takshashila CampusIndore

MBA in Finance Colleges in Indore Which College is Best for MBA in Finance in Indore?

MBA in Finance Colleges in Indore

  1. NMIMS University, Indore
  2. Prestige Institute of Management and Research (PG Campus)Indore. …
  3. Acropolis Institute of Technology and ResearchIndore. …
  4. Indore Institute of Management and ResearchIndore. …
  5. Symbiosis University of Applied SciencesIndore. …
  6. Medi-Caps UniversityIndore.

MBA in Foreign Trade Colleges in Indore

  1. Jaipuria Indore – Jaipuria Institute of ManagementIndore. 
  2. Prestige Institute of Management and Research (PG Campus)Indore. 
  3. Devi Ahilya Vishwavidyalaya, Takshashila CampusIndore. 
  4. IPS AcademyIndore. 
  5. Renaissance UniversityIndore. 
  6. Shri Vaishnav Vidyapeeth VishwavidyalayaIndore.

MBA in HR Colleges in Indore

  1. Bharati Vidyapeeth Deemed University, [BVDU] Pune
  2. Acropolis Technical Campus, Indore
  3. Devi Ahilya Bai University, Indore
  4. MediCaps Institute of Technology and Management, [MITM] Indore

Part time MBA colleges in Indore

  1. Prestige Institute of Management and Research (PG Campus)Indore. 
  2. Devi Ahilya Vishwavidyalaya, Takshashila CampusIndore. 
  3. Shri Vaishnav Institute of ManagementIndore.
  4. VNS Group of InstitutionsBhopal. 
  5. AKS UniversityMadhya Pradesh
  6. College of Material Management Jabalpur.

ROI of Top MBA Colleges in Indore

MBA universities in Indore offer quality schooling with high placements. MBA in Indore is a decent decision since you have great choices in Indore with quality training at a low fee, exceptional yield on speculation (ROI). Refer to the table below to know the best universities for MBA in Indore with the typical yearly fee and normal placement package:

Name of the InstituteCourse fee (in Rs)Average Placement Package (in Rs)
Indore Institute of Management and Research1.22 L3.5 LPA
IIM Indore15.01 L – 26 L19.4 LPA – 22 LPA
NMIMS University, Indore13.82 L – 14.54 L6.5 LPA – 7.5 LPA
Indore Indira Business School3.6 L2 LPA
Symbiosis University of Applied Sciences11.3 L4.6 LPA
Prestige Institute of Management and Research2.38 L4 LPA

Top Recruiters for MBA Graduates

CollegesPlacement Ratings (Based on Reviews)Top Recruiters
Indore Institute of Management and Research, Indore4.5Airtel, American Express, Canara Bank, Capital Via, HFFC, HSBC, ICICI Prudential, Jaro Education, Policy Bazaar, Vivo Mobile, etc.
IIM Indore4.4Cognizant, Deloitte, Axis Bank, HDFC, Airtel, Paytm, Unilever, Asian Paints, Google, IBM, The Boston Consulting Group, PwC, Goldman Sachs, JP Morgan Chase & Co., American Express, HUL, Asian Paints, Google, Amazon, ITC, etc.
Vikrant Group of Institutions, Indore4.4Jabong, Amazon, Flipkart, TCS, Infosys, Tech Mahindra, Google, Path India, Dilip Buildcon, etc.
Jaipuria Indore4.3Aditya Birla, Philips, Deloitte, Amazon, Amul, RBL Bank, Godrej, TVS Motors, Havells, HDFC Bank, Lava International, Asian Paints, TATA AIG, Vivo, MRF, Muthoot Fincorp, Mahindra and Mahindra, Treebo Hotels, Bajaj Electricals, Wipro, GE Healthcare, Makemytrip, Marico, Times Internet, Reckitt Benkiser, Colgate-Palmolive, etc.
NMIMS University, Indore4.3Godrej, Deloitte, Kotak Mahindra Bank, Carrier, Eagle, Eicher, HDFC Bank, Delhivery, Glaxo Smith Kline, Treebo, MP Birla Group, Hitachi, Motilal Oswal, JSW, IDBI Federal, Epic Research, etc.

Frequently Asked Questions

Q. Is Indore good for MBA?

Ans. MBA in Indore is a good option because there are more MBA options in Indore that provide high-quality education at a low cost and with a high return on investment. Apart from the top MBA colleges in Indore mentioned above, notable MBA colleges in Indore include Symbiosis University of Applied Sciences (SUAS), Jaipuria Institute of Management, and others.

Q. What is the fees for MBA in Indore?

Ans. Top MBA colleges in Indore with Fees structure range between INR 60,000 and 8.68 Lakhs.

Q. Which college is best for MBA in Indore Quora?

Ans. IIM Indore is the best for MBA in Indore Quora

Q. Are the MBA colleges of Indore approved by the authorities?

Ans. Almost all of Indore’s MBA colleges have been approved and recognised by the UGC and other relevant authorities.

Q. What is the eligibility for an MBA program in MBA colleges in Indore?

Ans. Candidates interested in pursuing an MBA should have completed their bachelor’s degree in any discipline. The majority of MBA programmes adhere to the minimum graduation score criteria of 50% on average or equivalent. The minimum percentage requirement for reserved category students is 45 percent in aggregate. Candidates in their final year of high school are also eligible to apply for an MBA programme if they can show proof of completion within the time frame specified by the college.

Q. Are scholarships available for MBA? 

Ans. Yes, certain scholarships are available for students based on merit and entry scores. However, the typical MBA costs for most of India's best MBA universities range between INR 5 and 23 Lakhs each year.

Q. Which MBA schools are the best for direct admission?

Ans. The following are some of the best MBA institutes in India that do not require entrance exams and provide direct admission based on a candidate's degree marks:

  1. Birla Global University Bhubaneswar
  2. Symbiosis University of Applied Sciences, Indore

Q. What are the various specialties available in MBA Colleges in Indore?

Ans. The finest MBA institutions in Indore provide a variety of MBA specialties, including:

  1. Finance
  2. Marketing
  3. Human Resources Management
  4. Information Technology
  5. Business Management
  6. Retail Management
  7. Foreign Trade
  8. Tourism Management

Q. Is it possible to study MBA without taking an entrance exam?

Ans. Yes, individuals can enroll in MBA programs without taking any entrance tests. Some private institutions or colleges in India provide direct admissions based on a candidate's performance in prior academic assessments. However, the majority of India's top MBA universities give MBA admissions based on MBA Entrance Exam results.

Q. Is the GMAT more difficult than the CAT?

Ans. Both the GMAT and the CAT are regarded rigorous admission tests; nevertheless, according to various sources and student experience, the GMAT is substantially simpler than the CAT. Furthermore, the CAT is regarded as one of the most difficult tests administered in India.

Q. What is the tuition at IIM Indore?

Ans. IIM Indore's average yearly fee is INR 8 Lacs.

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