Top MBA Colleges in Indore February 2024

List Of 87 MBA colleges in Indore

Some of the best MBA Colleges in India are located in Indore. Aspirants from around the country, want to pursue MBA to boost their career paths. And what better than being able to pursue their post-graduate education in the top MBA Colleges in Indore.

The MBA Colleges in Indore offer multiple specializations with profound education and high placement rates. Leading companies participate in MBA college placements in Indore. The curriculum of the MBA Programme in Indore is business-oriented to prepare the candidates ready for the brutality of the real business world. 

Here, candidates can check details about the top MBA Colleges in Indore, their rankings, fees structure, and all other necessary details. 

Top MBA Colleges in Indore by NIRF Rankings 2021

While looking for a top MBA college, candidates must always check their rankings. Colleges are ranked based on many factors such as fees structure, faculties, campus placements, and other parameters.

NIRF is a national ranking agency by the Government of India. Check the top MBA Colleges in Indore based on the NIRF Ranking 2021. 

Top MBA Colleges in Indore by Times B School Rankings 2021

Another influential ranking agency that ranks colleges is Times B School. Check the top MBA colleges in Indore based on the Times B School 2021.

College Name

Times BSchool Ranking 2021

Prestige Institute of Management And Research, Indore

43

IPS Academy, Institute of Business Management And Research, Indore

53

Govindram Seksaria Institute of Management Research, Indore

67

Top MBA Colleges in Indore Outlook Rankings 2021

Check the top MBA colleges in Indore based on Outlook 2021.

College Name

Outlook Ranking 2021

Indian Institute of Management Indore

3

Top MBA Colleges in Indore Highlights
The below table demonstrates some of the key highlights about the top MBA Colleges in Indore:

Total Number of MBA Colleges in Indore

70 (Approximately)

Total Number of Courses Offered for MBA Colleges in Hyderabad

223 (Approximately)

Categories of MBA Colleges in Indore

Government and Private.

Number of IIMS in Indore

IIM Indore

Accepted Entrance Exams for MBA Admission in Indore

  • MAT
  • CAT
  • XAT
  • CMAT
  • GMAT

Popular Specialization

Finance, Sales and Marketing, HR, IT and Systems, Operations, International Business, Business Analytics

Course Fees

Rs. 1 lakh -2.5 lakh (Annual)

Hostel Facilities

Yes (in a few colleges)

Top 10 MBA Colleges in Indore- Fees

It is essential to know the fee structure of the colleges before applying. Here are the Top 10 MBA Colleges in Indore with their fee structure:

MBA Colleges in Indore

Course Fees (Annual)

(Approximately)

IIM Indore: Indian Institute of Management Fee

INR 16,50,000

Prestige Institute of Management and Research, Indore Fee

INR 1,78,000

Jaipuria Institute of Management (Jaipuria) Indore Fee

INR 8,75,000

Amity Global Business School Indore Fee

INR 4,30,000

Institute of Management Studies, Devi Ahilya Vishwavidyalaya, Indore Fee

INR 72,444

SUAS Indore: Symbiosis University of Applied Sciences Fee

INR 5,60,000

LBSITM Indore: Lal Bahadur Shastri Institute of Technology & Management Fee

INR 3,25,000

Institute of Business Management & Research - [IBMR], Indore Fee

INR 1,15,000

CH Institute of Management & Commerce - [CHIMC], Indore Fee

INR 58,000

Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore Fee

INR 2,77,000

Admission Process of Top MBA Colleges in Indore

Candidates seeking admission to the Top MBA Colleges in Indore must first check the eligibility criteria and admission process of the colleges. All the colleges have their individual selection and admission process. Candidates must meet the criteria to apply for the colleges. 

However, candidates must have completed their graduation/bachelor’s degree or equivalent education to be eligible to apply. Candidates in their final years can also apply to the MBA colleges in Indore.

Most top MBA colleges in Indore ask for a minimum of 50% aggregate in the graduation level for the unreserved category. And for the reserved category, it is around 45%.

Depending on the college and its admission process, candidates may have to face personal interview rounds or group discussions before the admissions. Finally, candidates shortlisted for the final list must take admissions by paying the course fees. 

Top MBA Colleges in Indore- Based on Course Fee

Often, candidates miss noticing that the fees for government colleges and private colleges differ. Based on the college type and specialization, the course fees are based. So, here is the list of government and private colleges based on the fees:

Top Government MBA Colleges in Indore with Course Fee

Some of the best MBA placements are available from the government colleges. Also, the fees for government colleges are reasonable. Here are some of the top government colleges and their fee structures:

College/ University Name 

Average Annual Fees 

Dr. B. R. Ambedkar University of Social Sciences, Indore Fee

INR 30,590

Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], Indore Fee

INR 41,601

International Institute of Professional Studies - [IIPS], Indore Fee

INR 81,822

Prestige Institute of Engineering Management and Research - [PIEMR], Indore Fee

INR 1,57,000

Prestige Institute of Management and Research - [PIMR], Indore Fee

INR 1,19,500

Shri Govindram Seksaria Institute of Technology and Science- [SGSITS], Indore Fee

INR 1,18,015

Directorate of Distance Education, Devi Ahilya Vishwavidyalaya - [DDE DAVV], Indore Fee

INR 27,750

Top Private MBA Colleges in Indore with Course Fee

Candidates must check out the course fee of the top MBA private colleges in Indore from below:

Name of the College

Course Fee (in Rs)

Medi-Caps University Fee

1.75 Lakh

Prestige Institute of Management and Research Fee

2.38 Lakh

Jaipuria Institute of Management, Indore Fee

7.75 Lakh

Symbiosis University of Applied Sciences Fee

11.3 Lakh

NMIMS University, Indore Fee

13.82 Lakh – 14.54 Lakh

Top MBA Colleges in Indore: Cutoff

Here are some of the Top MBA Colleges in Indore that accept national level entrance exams and their cutoffs based on previous years:

Top MBA Colleges in Indore: Placements

Check the top MBA colleges in Indore along with the average salary offered by them during placements as prescribed below.

Top MBA Colleges in Indore: Entrance Exams

MBA Colleges in Indore accept national level entrance exam scores for the admission process. Some colleges also conduct institute-level entrance exams for admissions. Based on the performance of the candidate in the entrance exams, they will secure seats to their desired colleges. Here is a list of some of the entrance exams that Top MBA Colleges in Indore accept:

CAT

MAT

XAT

ATMA

CMAT

GMAT

NMAT

ROI of Top MBA Colleges in Indore
Return of Investments (ROI) is one of the key features to take into consideration when it comes to selecting the top MBA colleges in Indore. You must get in return for what you invest. ROI is calculated based on the formula given below:

*ROI Percentage= {(Average Placement Package)/(Average Annual Fee)}*100%

Check out the (Return on Investment) ROI of Top MBA Colleges in Indore in the tabular format below.

College Name

Average Annual Fee

Average Placement Package

ROI Rank*

IMS Devi Ahilya Vishwavidyalaya

Rs. 60,000

Rs. 3,50,000

1

Amity Global Business School, Indore

Rs. 1,20,000

Rs. 4,00,000

2

Indian Institute of Management, Indore

Rs. 8,00,000

Rs. 20,79,000

3

Prestige Institute of Management

Rs. 1,19,500

Rs. 3,00,000

4

MBA Specialisations Offered in Indore

Top MBA Colleges in Indore offer several specializations. Candidates have the opportunity to pick their desired specialization. Here are some of the top-most preferred specializations by the candidate:

Top Recruiters of MBA Graduates in Indore
Here are the top recruiters of MBA graduates at the top MBA colleges in Indore.

Google

Amazon

Accenture

Airtel

IBM

Deloitte

Flipkart

Bajaj

Dabur

HP

PWC

American Express

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Advance Filters

Applied Filters

  • Indore
  • M.B.A. (Master of Business Administration)

Prestige Institute of Management and Research

  • Approved by: AICTE NAAC UGC NAAC
  • Type: Private Unaided

MU Indore

  • Approved by: UGC AICTE NBA DTE
  • Type: Private Unaided

Oriental University Indore

  • Approved by: UGC BCI PCI NCTE ISO
  • Type: Private

Modern Group of Institutions (MGI) , Indore

  • Approved by: UGC AICTE PCI
  • Type: Private Unaided

GSB Indore

  • Approved by: AICTE
  • Type: Private Unaided
  • General Management (45)
  • Marketing (38)
  • Human Resources Management (33)
  • Finance (32)
  • Business Administration (27)
  • Information Technology (15)
  • Business Analytics (9)
  • Operations Management (8)
  • Hospital Administration (7)
  • International Business (6)

LBSITM Indore

  • Approved by: AICTE MHRD DTE
  • Type: Private

Shivajirao Kadam Group of Institution

  • Approved by: PCI AICTE
  • Type: Private Unaided

Indore Institute of Science & Technology, Indore

  • Approved by: AICTE PCI
  • Type: Private Aided

SGSITS Indore

  • Approved by: UGC DTE NBA AICTE National Board of Accreditation (NBA)
  • Type: Government Aided

Sanghvi Institute of Management and Science

  • Approved by: AICTE DTE
  • Type: Private Unaided

SIMS Indore

  • Approved by: AICTE
  • Type: Private

SAIMS Indore

  • Approved by: AICTE
  • Type: Private Unaided

Malwa Institute of Technology

  • Approved by: AICTE
  • Type: Private Unaided

LKCT Indore

  • Approved by: AICTE
  • Type: Private Unaided

Priyatam Institute of Technology and Management

  • Approved by: AICTE
  • Type: Private Unaided

SDBCT Indore

  • Approved by: AICTE NBA
  • Type: Private Unaided

Shri Vaishnav School of Business Management

  • Approved by: UGC AICTE
  • Type: Private

Shri Vaishnav Institute of Management

  • Approved by: AICTE NAAC
  • Type: Private Unaided

CH Institute of Management and Commerce

  • Approved by: AICTE NAAC
  • Type: Private Aided

IIPS Indore

  • Approved by: AICTE
  • Type: Private

ITRC Indore

  • Approved by: DOEACC
  • Type: Private

Creative Eye Institute of Design & Management

  • Approved by: Other
  • Type: Private

FAQs

How many MBA colleges are there in Indore?

The city of Indore has over 66 colleges offering Master of Business Administration.

Are there any private MBA colleges in Indore?

Yes, Indore has approximately 58 private MBA colleges. They are very popular among students.

Which MBA specialisations are offered at the MBA colleges of Indore?

The MBA colleges of Indore offer almost all the important specialisations of MBA. Some of them are General Management, Finance, Business Administration, Human Resources Management, Marketing, Information Technology, Production Management, Operations Management, etc.

Can I pursue MBA in distance learning from an MBA college in Indore?

Yes, there are some MBA colleges in Indore that offer MBA in the distance learning mode. You can choose any as per your requirements.

Is hostel facility available at the MBA colleges of Indore?

Yes, most of the MBA colleges of Indore provide hostel facility to students. On and off campus student accommodation is offered at the B-schools of Indore.

Which are some of the leading MBA colleges in Indore?

Some of the best MBA colleges in Indore are Apex Institute Of Management & Research, Sri Aurobindo Institute Of Technology, Prestige Institute Of Management And Research, IPS Academy, SIMS, etc.

Which is the most popular MBA specialisation in the MBA colleges of Indore?

General Management and Finance are the most popular MBA specialisations that are offered in several MBA colleges of Indore.

Which entrance exam do I have to give for admission to MBA colleges in Indore?

If you seek admission to an MBA college in Indore, you will have to appear for MBA entrance exams like CMAT, CAT, MAT, etc.

What is the average course fee of MBA colleges in Indore?

The average course fee of MBA colleges in Indore is around Rs. 5-6 lakh.

Are the MBA colleges of Indore approved by the authorities?

Almost all the MBA colleges of Indore have been approved and recognised by the UGC and other concerned authorities.

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