Top MBA Colleges in Indore 2025

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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Applied Filters :

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

Showing 86 MBA Colleges in Indore

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VidyaSagar College (VC), Indore is a Private Institute, established in 2001. VidyaSagar College (VC), Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at VidyaSagar College (VC), Indore offered for a duration of 2 Years.
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  • 4.3Rating
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    20,000 - 95,000 Fees

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Oriental University Indore is a Private (State University) University, established in 2011. Oriental University Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Oriental University Indore offered for a duration of 2 Years. Oriental University Indore MBA fees is INR 42,000 - INR 70,000.
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SAGE University Indore is a Private Institute, established in 2017. SAGE University Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at SAGE University Indore offered for a duration of 1 - 2 Years. SAGE University Indore MBA fees is INR 67,500 - INR 5,00,000.
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Acropolis Institute of Technology and Research (AITR), Indore is a Private Institute, established in 2005. Acropolis Institute of Technology and Research (AITR), Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Acropolis Institute of Technology and Research (AITR), Indore offered for a duration of 2 Years.
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SGSITS Indore is a Government Aided Institute, established in 1952. SGSITS Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at SGSITS Indore offered for a duration of 2 Years. SGSITS Indore MBA fees is INR 1,50,000.
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Institute of Management Studies (IMS), Indore is a Private Institute, established in 1988. Institute of Management Studies (IMS), Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Institute of Management Studies (IMS), Indore offered for a duration of 2 - 3 Years. Institute of Management Studies (IMS), Indore MBA fees is INR 19,425 - INR 20,11,800.
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Indore Institute of Science & Technology, Indore is a Private Institute, established in 2003. Indore Institute of Science & Technology, Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Indore Institute of Science & Technology, Indore offered for a duration of 2 Years. Indore Institute of Science & Technology, Indore MBA fees is INR 50,000.
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Renaissance University is a Private (State University) Institute, established in 2017. Renaissance University is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Renaissance University offered for a duration of 2 Years. Renaissance University MBA fees is INR 77,500 - INR 2,89,000.
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Malwa Institute of Technology is a Private Institute, established in 2004. Malwa Institute of Technology is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Malwa Institute of Technology offered for a duration of 2 Years. Malwa Institute of Technology MBA fees is INR 40,000.
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Chameli Devi Group of Institutions is a Private Institute, established in 2014. Chameli Devi Group of Institutions is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Chameli Devi Group of Institutions offered for a duration of 2 Years. Chameli Devi Group of Institutions MBA fees is INR 50,000.
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    ...+6 BITSAT , MPBSE 12th , CBSE 12th , GATE , MP BE , CAT
Sanghvi Institute of Management and Science is a Private Institute, established in 2006. Sanghvi Institute of Management and Science is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Sanghvi Institute of Management and Science offered for a duration of 2 Years. Sanghvi Institute of Management and Science MBA fees is INR 78,000.
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    24,750 Fees

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    ...+4 NEET PG , MPBSE 12th , CBSE 12th , NEET MDS
SAIMS Indore is a Private Unaided Institute, established in 2005. SAIMS Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at SAIMS Indore offered for a duration of 2 Years. SAIMS Indore MBA fees is INR 24,750.
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    52,560 - 1,80,000 Fees

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SVIMS Indore is a Private Institute, established in 1987. SVIMS Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at SVIMS Indore offered for a duration of 2 Years. SVIMS Indore MBA fees is INR 1,72,000.
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IIPS Indore is a Private Institute, established in 1992. IIPS Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at IIPS Indore offered for a duration of 2 - 5 Years. IIPS Indore MBA fees is INR 29,000 - INR 92,904.
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    2,00,000 - 6,25,000 Fees

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    ...+3 SNAP , MPBSE 12th , CBSE 12th
Symbiosis University of Applied Sciences is a Private Institute, established in 2016. Symbiosis University of Applied Sciences is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Symbiosis University of Applied Sciences offered for a duration of 2 Years. Symbiosis University of Applied Sciences MBA fees is INR 6,25,000.
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Idyllic Institute of Management is a Private Unaided Institute, established in 2012. Idyllic Institute of Management is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Idyllic Institute of Management offered for a duration of 2 Years. Idyllic Institute of Management MBA fees is INR 63,000 - INR 1,50,000.
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GSB Indore is a Private Unaided Institute, established in 2011. GSB Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at GSB Indore offered for a duration of 2 Years. GSB Indore MBA fees is INR 95,000.
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  • RatingIndore, Madhya Pradesh
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    24,730 - 1,34,000 Fees

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Pioneer Institute of Professional Studies is a Private Institute, established in 1996. Pioneer Institute of Professional Studies is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Pioneer Institute of Professional Studies offered for a duration of 2 Years. Pioneer Institute of Professional Studies MBA fees is INR 1,10,000.
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    45,000 - 1,35,000 Fees

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IIMR Indore is a Private Institute, established in 2011. IIMR Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at IIMR Indore offered for a duration of 2 Years.
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  • RatingIndore, Madhya Pradesh
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    18,000 - 3,00,000 Fees

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    3.5 Lacs Avg Package

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    ...+6 MPBSE 12th , CBSE 12th , NEET , MP BE , CAT , GMAT
Shivajirao Kadam Group of Institution is a Private Unaided Institute, established in 2009. Shivajirao Kadam Group of Institution is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Shivajirao Kadam Group of Institution offered for a duration of 2 Years. Shivajirao Kadam Group of Institution MBA fees is INR 50,000.
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    19,500 - 1,19,500 Fees

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Softvision College is a Private Institute, established in 2001. Softvision College is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Softvision College offered for a duration of 2 Years. Softvision College MBA fees is INR 95,000.
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    24,000 - 2,28,000 Fees

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SVCE Indore is a Private Unaided Institute, established in 2004. SVCE Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at SVCE Indore offered for a duration of 2 Years. SVCE Indore MBA fees is INR 1,10,000.
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  • RatingIndore, Madhya Pradesh
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    45,600 - 2,35,000 Fees

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    ...+6 BITSAT , MPBSE 12th , CBSE 12th , GATE , MP BE , CBSE 10th
MIST Indore is a Private Institute, established in 2008. MIST Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at MIST Indore offered for a duration of 2 Years. MIST Indore MBA fees is INR 45,600 - INR 1,05,000.
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    10,000 - 60,000 Fees

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Indore Management Institute is a Private Aided Institute, established in 2011. Indore Management Institute is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Indore Management Institute offered for a duration of 2 Years. Indore Management Institute MBA fees is INR 35,000.
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  • RatingIndore, Madhya Pradesh
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    30,000 - 2,70,000 Fees

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DSIFD Indore is a Private Institute, established in 2016. DSIFD Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at DSIFD Indore offered for a duration of 2 Years. DSIFD Indore MBA fees is INR 90,000.
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  • RatingIndore, Madhya Pradesh
  • RatingPrivate Aided
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    12,000 - 3,45,000 Fees

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    2.8 Lacs Avg Package

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    ...+6 MPBSE 12th , CBSE 12th , CAT , GMAT , XAT , MAT
CH Institute of Management and Commerce is a Private Aided Institute, established in 2006. CH Institute of Management and Commerce is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at CH Institute of Management and Commerce offered for a duration of 2 Years. CH Institute of Management and Commerce MBA fees is INR 58,000.
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Astral Institute of Technology and Research (AITR), Indore is a Private Unaided Institute, established in 2007. Astral Institute of Technology and Research (AITR), Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Astral Institute of Technology and Research (AITR), Indore offered for a duration of 2 Years. Astral Institute of Technology and Research (AITR), Indore MBA fees is INR 45,000.
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    10,700 - 3,82,500 Fees

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Sri Aurobindo Institute of Technology is a Private Institute, established in 2009. Sri Aurobindo Institute of Technology is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at Sri Aurobindo Institute of Technology offered for a duration of 2 Years. Sri Aurobindo Institute of Technology MBA fees is INR 50,000.
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    13,500 - 45,000 Fees

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MRSC Indore is a Private Unaided Institute, established in 2000. MRSC Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at MRSC Indore offered for a duration of 2 - 3 Years.
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    ...+6 GATE , MP BE , CAT , GMAT , XAT , MAT
PIEMR Indore is a Private Unaided Institute, established in 2008. PIEMR Indore is one of the best Management colleges in Indore,Madhya Pradesh. MBA is one of the most popular programs at PIEMR Indore offered for a duration of 2 Years. PIEMR Indore MBA fees is INR 61,660.
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FAQs

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.

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.

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.

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 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.

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.

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.

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.

Are there any private MBA colleges in Indore?

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

How many MBA colleges are there in Indore?

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

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