Top MBA in Management Colleges in Indore: Fees, Admissions, Placements

List of 18 Best MBA (Management) Colleges in Indore. Check out Management Colleges admission procedure in Indore and Fees, Reviews/Ratings.

List of Top 18 MBA (Management) Colleges in Indore

Indore, Madhya Pradesh
Established : 2016
>> Master of Business Administration Fees : Rs. 90000
  • MBA Admission 2022-24
Indore, Madhya Pradesh
Established : 2016 | Accredited/Approved : UGC
>> Master of Business Administration Fees : Rs. 60000
  • What is the admission requirement for the MBA program at Malwanchal University?

The Malwanchal University MBA program is offered for those who have completed a graduation degree from a recognized university with a minimum of 50% marks. Selections will be based on academic meri

Indore, Madhya Pradesh
>> Master of Business Administration Fees : Rs. 120000
Indore, Madhya Pradesh
Established : 2012 | Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 140500
Indore, Madhya Pradesh
Established : 1997 | Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 160000
  • How much is Prestige College Dewas fee structure for the MBA program?

Indore, Madhya Pradesh
| Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 74000
Indore, Madhya Pradesh
| Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 150000
  • How can I get admission to the MBA program at IMI?

To qualify for the MBA program at IMI, the applicants must have passed in graduation degree from a recognized

Indore, Madhya Pradesh
| Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 110000
Indore, Madhya Pradesh
| Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 201500
Indore, Madhya Pradesh
| Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 92200
Indore, Madhya Pradesh
Established : 2005 | Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 78000
Indore, Madhya Pradesh | Ratings:
Established : 2006 | Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 72000
Indore, Madhya Pradesh | Ratings:
Established : 2002 | Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 75000
  • Is there hostel accommodation available in RIT for MBA students?

Yes, Rishiraj Institute of Technology does have a hostel facility for boys and girls. The hostel building is within the campus area. 

Indore, Madhya Pradesh | Ratings:
Established : 2002
>> Master of Business Administration
Indore, Madhya Pradesh
Established : 2008 | Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 50000
Indore, Madhya Pradesh
Established : 2015 | Accredited/Approved : UGC
>> Master of Business Administration Fees : Rs. 150000
Indore, Madhya Pradesh
Established : 2009 | Accredited/Approved : NAAC
>> Master of Business Administration Fees : Rs. 140000

Frequently Asked Questions (FAQs):

Which are the top MBA Colleges in Indore?

Indore, situated in the Madhya Pradesh region of India, has evolved as one of the important centres for management education. It has some of the best MBA colleges that provide good courses and good placements on the campus itself. Here are some of the leading MBA colleges in Indore:

College

Fees (Per Annum)

IIMI - Indian Institute of Management, Indore

INR  9,04,711

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

INR 1,59,000

Govindram Seksaria Institute of Management & Research - [GSIMR], Indore

INR  65,500

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

INR 1,15,000

Medi-Caps University, Indore

INR 1,30,000

Acropolis Faculty of Management and Research - [AFMR], Indore

INR 1,13,500

Shri Vaishnav Institute of Management and Science - [SVIMS], Indore

INR  72,500

Indore Management Institute and Research

INR 39,000

Lal Bahadur Shastri Institute of Technology and Management - [LBSITM], Indore

INR  55,000

SAGE University, Indore

INR  90,000

Shivajirao Kadam Group of Colleges, Indore

INR 80,000

What is the total number of MBA colleges in Indore?

There are approximately 98 MBA colleges in Indore at present. The availability of an MBA degree enhances the growth of specializations and career promotions among students. Being a B-school hub, Indore boasts many colleges under the umbrella of reputed universities and good placement records.

 

What are the fees for an MBA in Indore?

MBA colleges in Indore also augment the MBA course fee by Rs. 60,000/- to 8,00,000/-. The cost of an MBA in Indore may differ depending on the college, its ranking, and the course offered to the learners. Some of the costs that can be flexible include the ranking of your college, the specific program that you have chosen, hostel accommodation, and other extra charges that the institution may consider.

Which MBA colleges in Indore have low fees?

Indore has several MBA colleges, but it is difficult to find a cheap program. However, there are a few MBA colleges with low fees given below-

Colleges

Tuition Fee (per annum)

Dr. B.R. Ambedkar University of Social Sciences

INR 30,590

Sushila Devi Bansal College of Technology

INR 30,000

Sri Aurobindo Institute of Technology

INR 50,000

Indore Management Institute and Research Centre

INR 39,000

Which institute is best for an MBA in Indore?

Given below is a list of the best MBA colleges in Indore-

Colleges

No of Seats

Indian Institute of Management - [IIM], Indore

662

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

1200

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

420

Indore Management Institute and Research Centre - [IMI], Indore

660

Jaipuria Institute Of Management, Indore

180

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

162

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

180

Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], Indore

120

International Institute of Professional Studies - [IIPS], Indore

120

BM College of Management and Research - [BMCMR], Indore

420

Which are the best-ranked MBA colleges in Indore?

Given below is the list of highest-ranked MBA colleges in Indore, along with their fees and ranking-

Colleges

Fees (per annum)

Ranking

IIM - Indian Institute of Management, Indore

INR 9,04,711

#8th/125 in India

Indian Institute of Forest Management - [IIFM], Bhopal

INR 7,38,000

#75th/100 in India

Atal Bihari Vajpayee Indian Institute of Information Technology and Management - [ABVIIITM], Gwalior

 

#85th/125 in India

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

INR 1,59,000

-

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

INR 1,15,000

#76th/100 in India

Jaipuria Institute of Management, Indore

INR 5,95,000

#101th/125 in India

What are the top MBA Government colleges in Indore with fees?

Several of the best government MBA colleges are available in Indore. Here are some of the leading options:

College Name

Fees (per annum)

IIM Indore

INR 9,04,711

Devi Ahilya Vishwavidyalaya (DAVV)

INR 34,392 - 1.05 Lakhs

Dr. B.R. Ambedkar University of Social Sciences

INR 30,590

What are the Private MBA colleges in Indore?

Indore, a bustling city in central India, has emerged as one of the finest management education destinations. The city also has a number of well-established private MBA colleges that provide very competitive curricula, experienced faculties, and well-connected alumni networks. Here are some of the best options:

College Name

Tuition Fee (per annum)

Jaipuria Indore - Jaipuria Institute of Management

INR 5.9 lakh

Prestige Institute of Management and Research

INR1,59,000

SAGE University

INR 75,000

Acropolis Institute of Technology and Research

INR 70,000

Which are the top MBA colleges in Indore that are giving admission without an entrance exam?

Most of the elite MBA colleges of Indore have their admission norms, and many of them recruit their students on the basis of country-level MBA entrance tests. Certain private colleges/universities conduct self-tests for students who want to study at that particular college/university. Here is the list of MBA colleges in Indore without Entrance Exam which is given below:

  • 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

What are Common entrance exams for top MBA colleges in Indore?

MBA Colleges in Indore provide admission to its courses on the basis of the student’s performance in the entrance examinations. The colleges themselves also declare some cutoff scores most of the time. Given below are some of the common entrance exams for an MBA from Indore

  • CAT: This exam is conducted every year. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation, and Quantitative Aptitude
  • ХАТ: XAT has a different paper pattern. The XAT Syllabus includes a few extra areas as compared to other management entrance tests. It comprises four sections: Reasoning – Decision Making, Verbal Ability and Logical Reasoning, Numerical Ability & Analysis – Quantitative Ability & Data Interpretation and Awareness – General Knowledge.
  • MAT has conducted paper and pencil-based exams (PBT), computer-based exams (CBT), and internet-based tests (IBT) and thus offers the candidates with choices at their convenience. In regard to this, the MAT Syllabus contains many areas such as English Comprehension, Quantitative Skills, and Logical Reasoning.
  • NMAT: Narsee Monjee Management Aptitude Test is an online computer–based test containing multiple options and multiple-choice questions.

What specializations are offered by MBA colleges in Indore?

MBA specialization gives flexibility for one to choose a specific field of the MBA program due to the dynamism in the market. MBA specialization enables the students to focus on a certain specialized or managerial subject of their interest, enabling them to get to know the management of that particular industry. Here are some of the most common specializations:

Talent Acquisition Specialist

HR Generalist

Employee Relations Manager

Human Resource Consultant

Human Resource Manager

Human Resource Executive

Assistant HR

Employee Relations Manager

Private Equity Manager

Insurance Manager

Accounting Manager

Credit Risk Manager

Financial Analyst

Financial Consultant

Chief Financial Officer

Equity Analysts

Asset Manager

Investment Banking Manager

Retail Banking Manager

Taxation Expert

Brand Manager

Product Manager

Retailing Manager

Brand Manager

Product Marketing Analyst

Digital Marketing Executive

Marketing Manager

Product Marketing Analyst

Which MBA colleges in Indore have top placements?

The MBA program in the colleges in Indore provides a good education, and the placement of students is high. Indore will be a good option since there are good options for colleges in Indore that offer good quality education at a low fee structure and high placement. Candidates who complete an MBA from colleges of MBA in Indore will have many opportunities to work in the top multinational companies in India and abroad. Refer to the table below to know the best MBA Colleges in Indore with average placement package and their top recruiters:

Name

Average Package

Top Recruiters

Indore Institute of Management and Research – Indore

4 LPA

Airtel, Capital Via, American Express, Canara Bank

IIM Indore

25 LPA

Deloitte, CTS, TCT, Infosys, JP Morgan, Goldman, PwC, Boston, Asian Paints, INB, Google, Amazon, ITC, etc.

Indore Indira Business School

3 LPA

Aditya Birla, TVS Motors

Prestige Institute of Management and Research

10 LPA

Flipkart, Amazon, Tech Mahindra, Google, Infosys, Path India, Dilip Buildcon, etc.

NMIMS University – Indore

8 LPA

Deloitte, Kotak, Hitachi, Eagle, JSW, Godrej IDBI Federal, Glaxo, etc.

Why should I consider doing an MBA from Indore?

Management education in Indore is a wonderful option for those learners who have the urge to pursue their management education. Indore is one of the most populated cities in India. Because of the top-level universities present in Indore, such as IIM-Indore and other universities, Students from all over the country come to this city for their higher education. As one of the most important cities of the state of Madhya Pradesh, it is known as the education and learning capital of the state. Due to the presence of many companies and computer technology parks around the city, it is also called an industrial city and a business city. A few of the essential structures include the availability of efficient public transport systems integrating the city’s parts, as well as the inclusion of more innovations to the system. The greater part is affiliated with the University of Devi Ahilya Vishwavidyalaya, one of the oldest universities in India, which was established in 1964.

Is pursuing an MBA from Indore worth it?

Overall, an MBA from Indore is a good Return on Investment (ROI). It assists students in making decisions about the returns on the course in relation to employability and future income. A high ROI means that people who seek an MBA degree are likely to get better-paid jobs than those with no MBA degree. Hence, when comparing different MBA colleges, the students can have a comparison factor on which college is the best to invest in. The following table displays the list of MBA colleges in Indore, along with their fee structure and average placement package offered to students. This will help you understand the return on investment in any particular college.

College Name

Fee (per annum)

Average  Package

IIM Indore MBA

INR NR 9,04,711

INR 22 LPA - INR 27 LPA

Devi Ahilya Vishwavidyalaya (DAVV) MBA

INR 34,392 - 1.05 Lakhs

INR 5 LPA - INR 7 LPA

Devi Ahilya Vishwavidyalaya, Takshasila Campus MBA

INR 2 lakh

INR 5 LPA

Prestige Institute of Management and Research MBA

INR 1,59,000

INR 5 LPA

SAGE University MBA

INR 75,000

INR 3 LPA

Acropolis Institute of Technology and Research MBA

INR 70,000

INR 4 LPA

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