Top MBA Colleges In Indore: Fees, Ranking for NIRF, CutOff

Top MBA Colleges In Indore

MBA Colleges in Indore Highlights

Some of the highlights for MBA colleges in Indore are represented in the table below.

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One of the most popular post-graduate programmes in Indore is the Master of Business Administration, or MBA. The two-year degree opens the door to a myriad of corporate job prospects. Indore has outstanding connectivity and has long been a centre of trade and commerce, providing a diverse range of job opportunities. Indore is the state's business and trading centre and has the largest economy in central India. Many FDI businesses have set up shop in Indore, including Bridgestone, Eicher Volvo, Force Man Trucks, Liu Gong, Caparo, and Avtec Ford.

Top 10 MBA Colleges in Indore

Indore, famously known as the "cleanest city in India" and "Mini Mumbai of Madhya Pradesh," is home to around 87 of India's best MBA colleges. The Top 10 MBA colleges in Indore, together with their average annual charges, are listed below:

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Indore, also known as Madhya Pradesh's commercial hub, has a unique role as the state's education hub, which means it has more corporate interface available, making it a fantastic place to study MBA.

One of the most popular post-graduate programmes in Indore is the Master of Business Administration, or MBA. The two-year degree opens the door to a myriad of corporate job prospects. Indore has outstanding connectivity and has long been a centre of trade and commerce, providing a diverse range of job opportunities. Indore is the state's business and trading centre and has the largest economy in central India.

Full-time, part-time, and distance MBA programmes are available at the leading MBA institutes in Indore. Indore, Madhya Pradesh's educational capital, is home to 87 of India's most famous MBA colleges. Indore has 79 private MBA colleges and 7 government MBA colleges. The best MBA colleges in Indore are AICTE-approved and provide a variety of MBA specialisations, such as finance, marketing, human resource management, and information technology. The top 10 MBA colleges in Indore are IIM Indore and PIMR Indore.

• NIRF 2021 has ranked Indian Institute of Management - IIM Indore as the top MBA college in India and the best MBA college in Indore.
• IIPS Indore, IIM Indore, SGSITS Indore, and Devi Ahilya Vishwavidyalaya Indore are among the best MBA government colleges in Indore.
• Admission to the best MBA colleges in Indore is based on the results of MBA entrance tests, which are then followed by a GD/PI round.
• Some of the top MBA colleges in Indore sans entrance examinations are SAGE University, Oriental University, and IIBS Indore.
• The average MBA costs at Indore's leading MBA colleges range from INR 60,000 to 8.68 lakhs per year. The best MBA colleges in Indore with minimal fees are GSIMR Indore, VGI Indore, and IIM Indore.
• IIM Indore, IMS DAVV, PIMR Indore, and others are among the finest MBA placement colleges in Indore. The finest MBA institutes in Indore provide an average placement package of INR 23 - 27 LPA.

Govnmerent MBA Colleges in Indore:

Following is the table to know the top government MBA colleges in Indore:

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Top MBA Colleges in Indore with Low Fees

There are a few MBA institutions in Indore that charge lower fees on average than many other top MBA schools in India. The Best MBA Colleges in Indore with Low Fees are listed below:

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Top MBA Colleges in Indore (ROI)

MBA institutes in Indore provide a high-quality education with excellent placement opportunities. MBA in Indore is a fantastic option because it provides quality education at a low cost with a high return on investment (ROI). The best MBA colleges in Indore with the average yearly cost and average placement package are shown in the table below:

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Top MBA Colleges in Indore Ranking:

Colleges and universities are evaluated and rated based on factors such as the university's perception, faculty excellence, student-teacher proportion, placements, and so on. NIRF, Outlook, India Today, and other ranking agencies publish Top MBA Colleges in India rankings every year.

NIRF Ranking 2021: Top MBA Colleges in Indore

The National Institutional Ranking Framework, or NIRF, is India's national ranking agency, which is overseen by the Ministry of Human Resources Development. The following criteria are used by NIRF to rate colleges and universities:

• Resources, Teaching, and Learning (TLR)
• Professional Practice and Research (RP)
• Graduation Outcome (GO) Perception of Outreach and Inclusivity (OI) (PR)
• Perception (PR)

The table below lists the top MBA colleges in Indore ranked by NIRF 2021 ranking in the management list.

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• • The Indian Institute of Management (IIM) Indore is the only MBA college in Indore to be listed among the top 75 MBA colleges in India in the NIRF 2021 Ranking list.
  • With a score of 71.10, IIM Indore is rated 6th in India.
  • It rose from 7th place in 2020 to 7th place in 2021, indicating that it has improved its standing.
  • The Institute of Business Management and Research is placed 76-100 among India's top MBA colleges.

Top MBA Colleges in Indore: Economics Times Ranking:

• The Times Group that owns the Economic Times, an English-language Indian newspaper located in Mumbai. Every year, the Economic Times publishes a list of India's best colleges. 
• IIM Indore is the only college in Indore to be recognised among India's Top Management Colleges, according to the Economic Times.
• The institute was placed 18th among India's top MBA schools.
• The average annual charge is INR 8 lacs.

Top MBA Colleges in Indore: India Today Ranking

• Living Media India Limited publishes India Today, a weekly Indian English language news magazine. Every year, India Today publishes a list of the best MBA colleges in India, based on factors such as:

• Learning Experience

• Placement Performance

• Future Orientation

• Living Experience

• Selection Process, Governance, and Establishment

• In India Today's study of 2022, the institute was placed fourth.
• It was ranked 7th in the 2018 poll with a score of 784.7 out of 1000, up three places from the previous year.
• The annual fee is INR 8 Lacs on average.
• These rankings clearly show that IIM Indore is the best MBA college in the city. In any case, just having the IIM name on your resume will help you advance in the management field.

 

Top MBA Colleges in Indore Accepting CAT Score:

• The Common Admission Test, or CAT, is an online test for postgraduate management schools.
• The CAT exam was launched by the Indian Institutes of Management (IIMs) to recruit students. Other colleges are now accepting the test as well.
• Quantitative Ability, Verbal Ability & Reading Comprehension, Data Interpretation, and Logical Reasoning are all part of the exam.
• There are multiple-choice questions on the exam, as well as a provision for negative marking.

Top MBA Colleges in Indore Accepting CMAT score:

• The CMAT (Common Management Admission Test) is an online computer-based test administered by India's National Testing Agency.

• It is an AICTE-approved national admission test for choosing students for management programmes.

• It's a three-hour exam with multiple-choice questions.

• The exam allows for negative marking, with one mark lost for each incorrect answer.

• CMAT scores are accepted by top MBA colleges in Indore, such as Prestige Institute of Management and Research, Institute of Management Studies Devi Ahilya Vishwavidyalaya, and others.

Top MBA Colleges in Indore Without Entrance Exams:

The majority of the top MBA colleges in Indore provide MBA admissions based on the results of the MBA entrance exams. Some MBA colleges in Indore, on the other hand, offer direct MBA admissions without the need to take an entrance exam. Check out some of the best MBA colleges in Indore that don't require you to take an entrance exam:

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Top MBA Specialisations in Indore:

Finance, Human Resources, Sales and Marketing, IT and Systems, Operations, International Business, Travel and Tourism Management, Entrepreneurship, Business Analytics, Agriculture and Food Business, and more specialisations are available at MBA colleges in Indore. Finance and Human Resources are the most popular, followed by Sales and Marketing.

Ranking of Top MBA Colleges in Indore for 2022

Full-time, part-time, and distance MBA programmes are available at the leading MBA institutes in Indore. Indore, Madhya Pradesh's educational capital, is home to 87 of India's most famous MBA colleges. Indore has 79 private MBA colleges and 7 government MBA colleges. The best MBA colleges in Indore are AICTE-approved and provide a variety of MBA specialisations, such as finance, marketing, human resource management, and information technology. The top 10 MBA colleges in Indore are IIM Indore and PIMR Indore.

• NIRF 2021 has ranked Indian Institute of Management - IIM Indore as the top MBA college in India and the best MBA college in Indore.
• IIPS Indore, IIM Indore, SGSITS Indore, and Devi Ahilya Vishwavidyalaya Indore are among the best MBA government colleges in Indore.
• Admission to the best MBA colleges in Indore is based on the results of MBA entrance tests, which are then followed by a GD/PI round.
• Some of the top MBA colleges in Indore sans entrance examinations are SAGE University, Oriental University, and IIBS Indore. Look at the best private MBA colleges in Indore.
• The average MBA costs at Indore's leading MBA colleges range from INR 60,000 to 8.68 lakhs per year. The best MBA colleges in Indore with inexpensive fees are GSIMR Indore, VGI Indore, and IIM Indore.
• IIM Indore, IMS DAVV, PIMR Indore, and others are among the finest MBA placement colleges in Indore. The finest MBA institutes in Indore provide an average placement package of INR 23 - 27 LPA.

Indore's Top 10 MBA Colleges

Indore, popularly known as the "cleanest city in India" and "Mini Mumbai of MP," is home to around 87 of India's best MBA colleges. The Top 10 MBA colleges in Indore, together with their average annual tuition, are shown below:

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Ranking of the Best MBA Colleges in Indore

Colleges and universities are evaluated and graded based on factors such as the university's perception, faculty quality, student-teacher ratio, placements, and so on. NIRF, Outlook, India Today, and other ranking agencies publish Top MBA Colleges in India rankings every year.

NIRF Ranking 2021: Top MBA Colleges in Indore

The National Institutional Ranking Framework, or NIRF, is India's national ranking agency, which is overseen by the Ministry of Human Resources Development. The following criteria are used by NIRF to rate colleges and universities:

• Resources, Teaching, and Learning (TLR)
• Professional Practice and Research (RP)
• Graduation Outcome (GO) Perception of Outreach and Inclusivity (OI) (PR)

The top MBA colleges in Indore, as ranked by NIRF 2021 in the management list, are included in the table below.

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The Indian Institute of Management (IIM) Indore is the only MBA college in Indore to be listed among the top 75 MBA colleges in India in the NIRF 2021 Ranking list.

• With a score of 71.10, it is rated 6th in India.
• It rose from 7th place in 2020 to 7th place in 2021, indicating that it has improved its standing.
• The Institute of Business Management and Research is placed 76-100 among India's top MBA colleges.

Top MBA Colleges in Indore, according to the Economic Times

The Times Group owns the Economic Times, an English-language Indian newspaper located in Mumbai. Every year, the Economic Times publishes a list of India's best colleges.

• IIM Indore is the only college in Indore to be recognised among India's Top Management Colleges, according to the Economic Times.
• The institute was placed 18th among India's top MBA schools.
• The average annual charge is INR 8 lacs.

Top MBA Colleges in Indore, as ranked by India Today

Living Media India Limited publishes India Today, a weekly Indian English language news magazine. Every year, India Today publishes a list of the best MBA colleges in India, based on factors such as:

• Placement of Learning Experience Future-oriented performance
• Selection, Governance, and Establishment of Living Experiences

The details of IIM Indore are listed in the table below, which was once again the only institute from Indore to be ranked among the finest colleges in India by the agency.

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• In India Today's study of 2022, the institute was placed fourth.
• It was ranked 7th in the 2018 poll with a score of 784.7 out of 1000, up three places from the previous year.
• The annual price is INR 8 Lacs on average.

These rankings clearly show that IIM Indore is the best MBA college in the city. In any case, just having the IIM name on your resume will help you advance in the management field. If you're interested in learning more about the various job opportunities available to you after earning an MBA.

Fee Structure of Top MBA Colleges in Indore

Some of the greatest MBA colleges in Indore, along with their cost structures, are listed below.

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Top MBA Colleges with Low Fees in Indore

There are a few MBA institutions in Indore that charge lower fees on average than many other top MBA schools in India. The Best MBA Colleges in Indore with Low Fees are listed below:

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Indore Government MBA Colleges

The best government MBA colleges in Indore provide excellent placement possibilities and return on investment (Return of Investment). The following are some of the best government MBA colleges in Indore, along with their typical annual fees:

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Top MBA Colleges in Indore: Return on Investment (Return on Investment)

Return on Investment (ROI) is a measurement of a college's profitability in terms of placements and fees. It is one of the factors that must be considered when selecting a college. The following is a list of the best MBA colleges in Indore in terms of return on investment.

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*Return on Investment Percentage=(Average Placement Package)/(Average Annual Fee) *A hundred percent

Devi Ahilya Vishwavidyalaya's Institute of Management Studies is the finest MBA college in Indore in terms of return on investment.

It charges an average cost of INR 60,000 for a placement package worth INR 3.5 LPA.

Cutoffs for MBA Colleges in Indore

The table below contains a list of links to websites that provide information on the cutoff scores for major MBA colleges in Indore.

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Admission Process for Top MBA Colleges in Indore

MBA Colleges in Indore have a total of 81 colleges, 72 of which are private and 9 of which are public.

Entrance examinations such as the CAT, XAT, and GMAT, among others, are used to get into top MBA schools. The number of colleges in Indore that accept their score is shown in the table below.

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Indore Institute of Management

The Indian Institute of Management in Indore, which was founded in 1996, is the sixth IIM in the chain. The only MBA college in Indore that has been ranked by rating agencies is IIM Indore.

• It is a public co-educational institution that was ranked sixth in the NIRF Ranking 2021.
• Post Graduate Program in Management (PGP), Executive Post Graduate Program in Management (EPGP), Post Graduate Program in Human Resource Management (PGP-HRM), and Executive Fellow Program in Management (EFPM) are among the programmes offered by IIM Indore.
• The university also provides a five-year Integrated Program in Management (IPM) that combines undergraduate and postgraduate coursework into one programme.
• The course costs INR 16 lakhs for Indian citizens and INR 24 lakhs for non-resident Indians.
• The institution offers elective courses for second-year students in addition to the core courses, which make up half of the curriculum.
• IIM Indore has a number of international business school connections.
• The final placements for the class 2020-22, which included 572 students, were completed satisfactorily.
• The most expensive bundle was INR 49 LPA.
• CTC was INR 25.01 LPA on average.

Highlights of IIM Indore's Placement in 2022

The 2022 placement campaign for IIM Indore's PGP & IPM batch was recently completed. In comparison to the previous year, the highest income climbed by 18%, while the average wage increased by 6%. Consulting businesses were the leading recruiters, with 31 percent of offers coming from the consulting industry and 20 percent from finance firms. This year, 30 new recruiters came to campus. Accenture, Deloitte, EY, Infosys, Crisil, DE Shaw, Goldman Sachs, HDFC Bank, and others were among the prominent recruiters. The following are some of the highlights from the job search:

• A total of 180 recruiters paid a visit to the university.
• The largest remuneration package was INR 49 LPA.
• The students were awarded an average salary of INR 25.01 LPA.
• During the 2022 placement drive, the top 100 students received an average pay of INR 37.95 LPA.
• The average pay for the top 200 students was INR 32.75 LPA.

Report on IIM Indore Placements in 2022

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The Institute of Management Studies (IMS) is a non-profit With the help of the University of Indore, the Devi Ahilya Vishwavidyalaya Institute of Management Studies (IMS) was founded in 1969. In terms of return on investment, the university is regarded as the top MBA college in Indore.

• It is the city's first institute to provide an MBA degree. IMS DAVV began by solely offering a "Distance Education" degree in Business Administration, but eventually expanded its offerings.
• Apart from the two-year MBA programme, the institute also offers an Executive MBA programme, as well as M.Phil and Ph.D. in Management.
• The annual price for males at DAVV Indore is INR 66,822, while the annual charge for girls is INR 60,222.
• Deeksharambh, Huyrisko, Prabandhanam, and Samagam are some of the university's events.
• Oracle, Godrej, HSBC, ICICI Bank, Reliance, Nestle, and others are among the recruiters who come to campus.

Indore's Prestige Institute of Management and Research

The National Assessment and Accreditation Council has given the Prestige Institute of Management and Research a 'A' rating (NAAC).

• SIAM University in Thailand and International Latin University in Argentina have inked memorandums of understanding with PIMR Indore.
• The institute has also inked MOUs with AIESEC to provide students with international internships, with ASPIRE to improve students' personality and presentation abilities, and with Punjab National Bank to provide student loans.
• There are Doctoral, Certificate, Diploma, Postgraduate, and Undergraduate programmes available.
• The MBA fees at Prestige College Indore are INR 59,000 every semester, plus INR 1,500 in caution money.

Indore's Best MBA Colleges Acceptance of the CAT Score

The Common Admission Test, or CAT, is an online test for postgraduate management schools.

• The CAT exam was launched by the Indian Institutes of Management (IIMs) to recruit students. Other colleges are now accepting the test as well.
• Quantitative Ability, Verbal Ability & Reading Comprehension, Data Interpretation, and Logical Reasoning are all part of the exam.
• There are multiple-choice questions on the exam, as well as a provision for negative marking.

CMAT score accepted by top MBA colleges in Indore

The CMAT (Common Management Admission Test) is an online computer-based test administered by India's National Testing Agency.

• It is an AICTE-approved national admission test for choosing students for management programmes.
• It's a three-hour exam with multiple-choice questions.
• The exam allows for negative marking, with one mark lost for each incorrect answer.
• CMAT scores are accepted by top MBA colleges in Indore, such as Prestige Institute of Management and Research, Institute of Management Studies Devi Ahilya Vishwavidyalaya, and others.

Without Entrance Exams, Top MBA Colleges in Indore

The majority of the top MBA colleges in Indore provide MBA admissions based on the results of the MBA entrance exams. Some MBA colleges in Indore, on the other hand, offer direct MBA admissions without the need to take an entrance exam. Check out some of the best MBA colleges in Indore that don't require you to take an entrance exam:

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Top MBA Colleges in Indore, Organized by Specialization

The MBA stream you choose is very important and is determined by the college, as different colleges have different reputations for different streams.

Indore's Best MBA Finance Colleges

MBA in Finance is a two-year postgraduate degree programme that is one of the most sought-after specialisations in the field of management. Some of the leading institutes in India offer the course. A bachelor's degree in any subject with a minimum of 50% marks or an equivalent CGPA (a 5% concession is allowed to SC/ST candidates) is required to pursue an MBA in Finance.

The following are some of the top colleges in Indore that provide an MBA in Finance:

• Devi Ahilya Vishwavidyalaya
• International Institute of Professional Studies
• Pioneer Institute of Professional Studies
• Prestige Institute of Management and Research

Frequently Asked Questions.

1. Which MBA college in Indore is the best?

Ans. Many ranking agencies have regarded Indian Institute of Management, Indore, as the best.

2. In Indore, how many MBA colleges are there?

Ans. In Indore, there are 81 MBA colleges, 72 of which are private and 9 of which are public.

3. Which MBA college in Indore provides the highest salary?

Ans. The average package at IIM Indore is INR 22,92,000.

4. How does one get into one of Indore's best MBA colleges?

Ans. Entrance examinations such as the CAT and CMAT are used to get into the best MBA programmes in Indore.

5. Which MBA college in Indore has the best placement?

Ans. IIM Indore, Jaipuria Institute of Management Indore, IMS-Devi Ahilya University Indore, and Amity Global Business School Indore are among the top MBA institutes in Indore for placements.

6. Is Indore a suitable place to pursue an MBA?

Ans. Yes, Indore is one of Madhya Pradesh's best MBA sites. Indore is also a Madhya Pradesh education centre for students. Indore is home to one of India's top IIM universities, and IIM Indore is ranked sixth among the best MBA colleges in the country.

7. In Indore, how many MBA colleges are there?

Ans. In Indore, there are approximately 119 management institutes, of which 87 provide MBA programmes with a variety of specialities. Indore has 79 private MBA colleges and 7 government MBA colleges.

8. Is Symbiosis Indore a suitable place to get an MBA?

Ans. Yes, Symbiosis Indore is an excellent MBA programme. One of the greatest private MBA institutes in Indore is Symbiosis Indore. The average package offered to students at Symbiosis Indore is roughly INR 6.5 lakhs per year, with a strong ROI (Return on Investment).

9 . How can I apply for MBA admission at Davv Indore?

Ans. To get admission for MBA into DAVV Indore, aspirants must have to complete their graduation in any stream with a minimum aggregate of 55% marks from a recognized University. Also one may require to qualify any MBA entrance exam.

10. Is IPS Indore a suitable place to get an MBA?

Ans. Institute of Business Management & Research IPS was founded in 1994 under the umbrella of IPS Academy and is associated with Devi Ahilya Vishwavidyalaya, Indore. It is also approved by AICTE and DTE and is ranked 53 for MBA by Times in 2021.

11. Is it possible to get a direct admission to Sgsits Indore?

Ans. No, sgsits college does not offer direct admission. It exclusively accepts students according on their Jee scores.

12. Is there a National Institute of Technology in Indore?

Ans. In Indore, the Nalin Institute of Technology (NIT) is located in Simrol (Madhya Pradesh). NIT was founded in 2009 under the auspices of Bhopal's Ram Teerth Shiksha Evam Kalyan Samiti.

13. Is Cat a requirement for an MBA?

Ans. Is it necessary for me to take the CAT for MBA admission? You cannot apply for admission based on the XAT, MAT, CMAT, or other management tests. Aside from that, many colleges administer their own entrance examinations.

14. Which MBA colleges in India are the best?

Ans. IIM Ahmedabad tops the list of India's best MBA schools, followed by IIM Bangalore, IIM Kolkata, and so on. The above three, as well as IIM Kozhikode, IITs like IIT Delhi, and XLRI MDI Gurgaon, are among the top MBA colleges in India according to the NIRF rankings for 2021.

15. How can I get an MBA without paying any money?

Ans. You can acquire a degree or attend MBA classes for free in a variety of methods. MBA programmes that are completely free. Tuition-free certified MBA programmes are available at various business schools.... Full tuition scholarships.... Sponsored programme.... Free resources