Careers360 Logo
ask-icon
share
    MBA Colleges in Madhya Pradesh Offering TFW and NRI Seats 2026: Complete College List, Seat Matrix
    • Articles
    • MBA Colleges in Madhya Pradesh Offering TFW and NRI Seats 2026: Complete College List, Seat Matrix

    MBA Colleges in Madhya Pradesh Offering TFW and NRI Seats 2026: Complete College List, Seat Matrix

    #MBA
    Sambhav ThakurUpdated on 05 Aug 2026, 11:00 AM IST

    MBA colleges in Madhya Pradesh 2026 offering tuition fee waiver (TFW) and NRI seats include well-known names like Shri Atal Bihari Vajpayee Govt Arts and Commerce College with 3 TFW seats, Shri G.S. Institute of Technology and Science offering 3 NRI seats, and more. The MBA eligibility criteria for MBA colleges in MP offering TFW and NRI seats require candidates to have a minimum 50% marks in their bachelor’s degree, while also meeting certain economic criteria for tuition fee waiver. Candidates are advised to keep reading this article for more information related to MBA colleges 2026 offering TFW seats in Madhya Pradesh, NRI seats in Madhya Pradesh MBA colleges 2026, and more.

    MBA Colleges in Madhya Pradesh Offering TFW and NRI Seats 2026: Complete College List, Seat Matrix
    MBA Colleges in Madhya Pradesh Offering TFW and NRI Seats 2026: Complete College List, Seat Matrix and Eligibility

    What Is the Tuition Fee Waiver (TFW) Scheme?

    The Tuition Fee Waiver is an AICTE initiative that allows students belonging to economically weaker sections of society to pursue technical and professional courses without tuition fees. The scheme is basically designed to give students a chance to pursue their dream careers by removing financial barriers.

    Moreover, up to 5% of approved seat intake can be offered for the tuition fee waiver seats. These are supernumerary seats, which means they are additional seats to the regular intake by the institutes.

    TFW Eligibility Criteria for MBA in MP 2026

    These are some of the TFW eligibility criteria for securing Tuition Fee Waiver seats in the MBA colleges in Madhya Pradesh. Candidates are advised to check the TFW Eligibility Criteria for MBA in MP in the points mentioned below.

    • Candidates’ gross family income must not exceed Rs. 8 lakhs per annum in a financial year.

    • Students are required to fulfil the MBA eligibility criteria for the course and college, respectively.

    • Candidates must hold a domicile for the Madhya Pradesh to be eligible for a Tuition Fee Waiver seat in MP.

    Manav Rachna-MBA Admissions 2026

    Recognized as Category-1 Deemed to be University by UGC | 41,000 + Alumni Imprints Globally | Students from over 20+ countries

    Mahindra University | Admissions 2026

    4000+ Placements to date | 6000+ Students | Advanced applied research, patents, and partnerships

    Government MBA Colleges in Madhya Pradesh 2026: Tuition Fee Waiver Seats

    Candidates who are looking for government MBA colleges and universities with tuition fee waivers can check the MBA colleges mentioned in the table below for reference. The MBA college list offering tuition fee waiver seats includes names like Institute For Excellence In Higher Education Bhopal, Shri Atal Bihari Vajpayee Govt Arts And Commerce College, Indore, etc.

    Govt. MBA Colleges 2026

    MBA Program Offered

    MBA Total Seat Intake

    Tuition Fee Waiver Seats

    Govt Madhav College, Ujjain

    MBA

    60

    Govt Mahakoshal Arts And Commerce Mahavidyalaya, Jabalpur

    MBA

    60

    Institute For Excellence In Higher Education Bhopal

    MBA

    60

    3

    Pt. Jawaharlal Nehru Institute of Business Management, Ujjain

    MBA(BUSINESS MANAGEMENT)

    60

    3

    School of Applied Management RGPV, Bhopal

    MBA (GENERAL MANAGEMENT)

    60

    School of Studies In Commerce And Management, JVV Gwalior

    MBA

    60

    3

    Shri Atal Bihari Vajpayee Govt Arts And Commerce College, Indore

    MBA

    60

    3

    University Institute of Management, R. D. V. V., Jabalpur

    MBA

    60

    3

    Government Thakur Ranmat Singh College

    MBA

    30

    MBA Government-Aided Colleges Tuition Fee Waiver and NRI Seats 2026

    Non-resident Indian candidates who are searching for a decent government-aided college offering NRI seats can check the list of MBA colleges mentioned in the table below highlighting MBA seats, tuition fee waiver seats, and NRI seats for MBA admission. Follow the table below for more details.

    MBA Colleges 2026

    MBA Program Offered

    MBA Total Seat Intake

    Tuition Fee Waiver Seats

    NRI Seats

    Madhav Institute of Technology And Science, Gwalior (Deemed University)

    MBA

    60

    3

    Samrat Ashok Technological Institute, Vidisha

    MBA

    60

    3

    Shri G.S. Institute of Technology And Science, Indore

    MBA

    60

    3

    3

    Swami Vivekanand Govt. P.G. College Neemuch

    MBA

    60

    Shri G.S. Institute of Technology And Science, Indore (M.P.)

    MBA (Hospital Administration)

    30

    MBA Colleges in Madhya Pradesh Offering TFW Seats 2026

    Here is the list of private MBA colleges offering tuition fee waiver seats to students who are eager to pursue an MBA but lack funds or financial assistance. Colleges like Technocrate Institute of Tech-MBA, Prestige Institute of Management and Research, and more are some examples of MBA colleges in Madhya Pradesh offering tuition fee waiver seats.

    MBA Colleges 2026

    MBA Program Offered

    MBA Total Seat Intake

    Tuition Fee Waiver Seats

    Academy of Management, Awadhpuri, Bhopal

    MBA

    360

    18

    Lakshmi Narain College of Technology, Bhopal

    MBA

    360

    18

    Maharana Pratap College of Management, Bhopal

    MBA

    360

    18

    Sam College of Management And Technology, Bhopal

    MBA

    360

    18

    Acropolis Faculty of Management And Research, Indore

    MBA

    300

    15

    Anand Institute of Management, Bhopal

    MBA

    300

    15

    Chameli Devi Group of Institutions, Indore

    MBA

    300

    15

    Institute of Professional Education And Research (IPER), Bhopal

    MBA

    300

    15

    International School of Business Administration, Indore

    MBA

    300

    15

    Jai Narain College of Technology, Bhopal

    MBA

    300

    15

    Kailash Narayan Patidar College of Science And Technology, Bhopal

    MBA

    300

    15

    Lakshmi Narain College of Technology Excellence, Bhopal

    MBA

    300

    15

    Lakshmi Narain College of Technology, Jabalpur

    MBA

    300

    Oriental College of Management Bhopal

    MBA

    300

    15

    Apex Institute of Management And Research, Indore

    MBA

    240

    12

    Aspire Institute, Indore

    MBA

    240

    12

    Astral Institute of Technology And Research, Indore

    MBA

    240

    12

    BM College of Management And Research, Indore

    MBA

    240

    12

    BM Professional Institute, Indore

    MBA

    240

    12

    Hinduja College, Sehore

    MBA

    240

    12

    Idyllic Institute of Management, Indore

    MBA

    240

    Kushagra Professional College, Ujjain

    MBA

    240

    Madhuban Institute of Professional Studies, Indore

    MBA

    240

    12

    Malwa Institute of Science And Technology, Indore

    MBA

    240

    12

    Manjula K Ponda College of Management, Bhopal

    MBA

    240

    12

    Manthan Management College, Bhopal

    MBA

    240

    12

    Nri Institute of Information Science And Technology, Bhopal

    MBA

    240

    12

    Patel Group of Institutions (Patel College of Science And Technology, Indore)

    MBA

    240

    Peace College, Gwalior

    MBA

    240

    Sagar Institute of Research And Technology - Excellence, Bhopal

    MBA

    240

    12

    Sagar Institute of Research And Technology, Bhopal

    MBA

    240

    12

    Shivajirao Kadam Institute of Technology And Management-Technical Campus, Indore

    MBA

    240

    Shri Ram Institute of Management, Jabalpur

    MBA

    240

    12

    Shri S R Education College, Neemuch

    MBA

    240

    12

    Shriram School of Business Studies, Morena

    MBA

    240

    12

    Sri Guru Tegh Bahadur Khalsa College, Jabalpur

    MBA

    240

    Vaishnavi Institutes of Technology And Science, Raisen

    MBA

    240

    12

    Vindhya Institute of Technology And Science, Satna

    MBA

    240

    12

    Acharya Rajendra Suri Shiksha Mahavidyalaya, Mandsaur

    MBA

    180

    9

    Aditya College of Management, Satna

    MBA

    180

    9

    Anant Institute of Management Studies, Gwalior

    MBA

    180

    9

    Artemisia Business School, Indore

    MBA

    180

    9

    Astral Institute of Professional Studies, Indore

    MBA

    180

    9

    Bansal Institute of Research And Technology, Bhopal

    MBA

    180

    9

    Bansal Institute of Science And Technology, Bhopal

    MBA

    180

    9

    Betwanchal College of Management, Vidisha

    MBA

    180

    9

    Bhopal Institute of Technology And Management MBA, Bhopal

    MBA

    180

    9

    BSSS Institute of Advanced Studies, Bhopal

    MBA

    180

    9

    Corporate Institute of Science And Technology, Bhopal

    MBA

    180

    9

    Diksha College of Management, Bhopal

    MBA

    180

    9

    Eurasian Institute of Management, Bhopal

    MBA

    180

    Gomti Nandan Institute of Management And Research Bina Sagar

    MBA

    180

    Guru Droan Mahavidyalya Tonkkhurd, Dewas

    MBA

    180

    9

    Gurudev Shri Vidhyasagar Institute of Management, Vidisha

    MBA

    180

    9

    Gurukul College For Excellence, Bhopal

    MBA

    180

    9

    Gyan Ganga Institute of Technology And Science, Jabalpur

    MBA

    180

    9

    Gyanodaya Institute of Professional Studies, Dewas

    MBA

    180

    Harda Degree College, Harda

    MBA

    180

    9

    Iasscom Fortune Institute of Technology, Bhopal

    MBA

    180

    9

    IES College of Technology, Bhopal

    MBA

    180

    9

    Imi Professional Studies, Indore

    MBA

    180

    9

    Indore International College Nanod, Indore

    MBA

    180

    9

    Indore International College Solsinda, Indore

    MBA

    180

    9

    Indore Mahavidyalaya, Indore

    MBA

    180

    9

    Infinity Management And Engineering College, Sagar

    MBA

    180

    9

    Institute of Professional Education And Research (PGDM), Bhopal

    MBA

    180

    9

    Jawaharlal Nehru College of Technology, Rewa

    MBA

    180

    9

    Kewalshree Institute of Management, Indore

    MBA

    180

    9

    Kopal College For Management, Bhopal

    MBA

    180

    9

    Lakshmi Narain College of Technology And Science (RIT), Indore

    MBA

    180

    9

    Frequently Asked Questions (FAQs)

    Q: Which is the best college for MBA in MP?
    A:

    IIM Indore, Prestige Institute of Management, IIFM, Bhopal, IIITM, Gwalior, etc, are some of the best colleges for MBA in Madhya Pradesh. 

    Q: Can I do an MBA without a CAT exam?
    A:

    Yes, candidates can pursue an MBA through other exams like CMAT, MAT, or the state counselling route via MP DTE. 

    Q: Which MBA is highest in demand?
    A:

    MBA in AI and Analytics is in high demand and is now offered by many IIMs and B-schools for MBA admission 2027. 

    Certifications By Top Providers
    Online MBA
    Via Guru Jambheshwar University of Science and Technology, Hisar
    Corporate Tax Planning
    Via Netaji Subhash Open University, Kolkata
    Strategic Management
    Via Indian Institute of Management Bangalore
    Online MBA Business Analytics
    Via Centre for Distance and Online Education, Anna University, Chennai
    Digital Marketing
    Via Panjab University, Chandigarh
    Online MBA
    Via Centre for Distance and Online Education, Anna University, Chennai
    Explore Top Universities Across Globe
    University of Essex, Colchester
    Wivenhoe Park Colchester CO4 3SQ
    Northumbria University, Newcastle City Campus
    Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
    Oxford Brookes University, Oxford
    Headington Campus Oxford OX3 0BP UK
    Cardiff Metropolitan University, Cardiff
    Llandaff Campus, Western Avenue, Cardiff, CF5 2YB
    University of Reading, Reading
    Whiteknights PO Box 217 Reading Berkshire RG6 6AH
    Bournemouth University, Bournemouth
    Fern Barrow, Poole, Dorset, BH12 5BB, United Kingdom

    Questions related to MBA

    On Question asked by student community

    Have a question related to MBA ?

    Hey there,

    If your TG/TS ICET rank is 11,156 and you want an MBA college in Hyderabad, you still have several realistic options. Your category matters a lot.

    Based on recent cutoff trends:

    College Recent closing rank/trend Chance at 11,156
    AV College of Arts, Science & Commerce ~11,332 Borderline–Good
    Dr.

    Hello Student,

    XAT is worth considering if you plan to pursue an MBA / PGDM from XLRI or other XAT-accepting B-schools. However, you cannot appear for XAT while you are in Class 10. Candidates must have a recognised bachelor’s degree of at least three years, while final-year graduation students can

    Hey there,

    If you mean free online MBA-level courses with certificates in India, the best legitimate option is SWAYAM, especially courses offered by IIM Bangalore. SWAYAM courses are free to learn; you generally pay only if you want the proctored certificate.

    Good options for 2026

    • IIM Bangalore (IIMBx): Marketing, Finance,

    Hello, some good institutes for MBA in Agribusiness Management include IIM Ahmedabad, IIM Lucknow, BHU Varanasi, MANAGE Hyderabad and College of Agribusiness Management, Pantnagar. The best choice depends on your entrance exam, budget, eligibility and preferred location.

    You can check the top MBA Agribusiness Management colleges and fee details here: