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    Top MBA Colleges in Indore

    MBA or Master of Business Administration is a higher education qualification that generally deals with management skills and other important business-related sectors such as accounting, marketing, finance, operations management and human resources.  PGDM (Post Graduate Diploma in Management) is an equivalent qualification to an MBA which is being offered by several institutions of India. Both these qualifications are being offered by many institutes and have been trending from the last decade. The reason behind them being famous is the vast career opportunities on offer. There are various kinds of specializations in MBA, such as Finance management, marketing management, human resource management, and media management that the student can pursue.  

    MBA/PGDM is a 2-year duration course with generally 4 semesters. Some colleges may also keep tri-semesters. The selection of an individual in MBA colleges is generally through entrance exams followed by group discussion and personal interview. All top colleges take admission only based on entrance exams. The famous entrance exams for MBA/PGDM are CAT, MAT, XAT, and CMAT

    In India, many states have good MBA colleges, one of which is Madhya Pradesh. In the state, you can find some of the best MBA colleges in Indore, which is a prominent city. In this article, we will see all the list of colleges for MBA/PGDM courses in Indore and important information highlighting their various aspects. 

    Top MBA/PGDM Colleges in Indore (NIRF 2020 Ranking)

    NIRF is a platform which is very famous all over India and among students to see the rankings of their preferred colleges in different educational sectors. NIRF was established and launched in September 2015, and since then, it has been providing rankings to various colleges in different courses.  

    It is a government website and is managed by the Ministry of Human Resource Development.  In the management sector, it ranks 100 colleges from all over India which provide various management courses. 

    Mentioned below are the list of MBA colleges in Indore based on their NIRF 2020 Ranking: -  

    Name of the College

    NIRF 2020 Score

    NIRF 2020 Rank

    Indian Institute of Management Indore

    69.04

    7


    List of MBA/PGDM Colleges in Indore (Careers 360)

    There are also other nice and top websites which rank management colleges on their parameters. Students should see rankings provided on Careers360 as well. It is a trustworthy website and provides many features related to career inquiries. Careers360 was launched in 2007, and since then, it has been providing rankings, ratings, and details about top colleges of India. Not only that, but it also provides details of all possible colleges in different sectors of a particular state.  Below we have mentioned all the best MBA colleges in Indore which were rated by Careers360: -   

     
    List of MBA/PGDM Colleges in Indore (Course Fees)

    Some MBA Colleges in Indore are quite expensive, while others are affordable. MBA in all over India is a quite expensive course, but students opt for it because the salary packages after MBA are quite nice if you are in one of the good colleges. 

    Generally, the fees are decided on the Facilities and amenities which are provided by the college. Other than that, it is also decided on how much effort they put in providing education to the students. Below we have mentioned all the top MBA colleges of Indore and their fees. 

    Name of the College

    Fees

    Indian Institute of Management

    Rs. 5.50 lakhs – 21 Lakhs p.a. (Approx.)

    Institute of Business Management and Research, IPS academy

    Rs. 1.04 lakhs – 1.71 Lakhs p.a. (Approx.)

    Institute of Management Studies Devi Ahilya University 

    Rs. 1.20 lakhs – 2.96 Lakhs p.a. (Approx.)

    Jaipuria Institute of Management

    Rs. 7.25 Lakhs p.a. (Approx.)

    Prestige Institute of Management and research

    Rs. 0.60 - 4.59 Lakhs p.a. (Approx.)

    Sanghvi Institute of Management and Science

    Rs. 1.30 lakhs – 4.20 Lakhs p.a. (Approx.)

    Narsee Monjee Institute of Management Studies

    Rs. 7.54 lakhs – 14.50 Lakhs p.a. (Approx.)

     
    List of MBA/PGDM colleges in Indore (Placement Opportunities)  

    As mentioned earlier, MBA/PGDM courses provide great placement opportunities. Most students go for an MBA Course because of the salary they will receive through it.  Many good and top colleges invite top companies for recruiting their students. The minimum package even of an average college would be 3 Lakhs. The highest package can even go till 60 Lakhs per annum. 

    Below we have mentioned all the List of MBA colleges of Indore and their placement opportunities. 

    Name of the College

    Placement Packages

    (Median Package)

    Top Recruiters

    Indian Institute of Management

    Rs. 19.40 Lakhs p.a. (Approx.)

    The Boston Consulting Group, PwC, Goldman Sachs, JP Morgan Chase & Co., American Express, HUL, Asian Paints, Google, Amazon, and ITC.

    Institute of Business Management and Research, IPS academy

    Rs. 4.65 Lakhs p.a. (Approx.)

    Blue Dart, Cease Fire, HDFC Bank, Future Group, ICICI Bank, Justdial.

    Institute of Management Studies Devi Ahilya University 

    Rs. 4.00 Lakhs p.a. (Approx.)

    Deloitte, ACC, Aditya Birla Group, ICICI, Mahindra, Nestle, ITC, Dainik Bhaskar, and Reliance Mobile.

    Jaipuria Institute of Management

    Rs. 5.30 Lakhs p.a. (Approx.)

    Amazon, Deloitte, HDFC Bank, Colgate, Palmolive, E&Y, Genpact, ITC, Asian Paints, Philips, Landmark, Force Motors, Reckitt Benckiser, GSK, Mahindra, and Mahindra, Zomato,

    Prestige Institute of Management and Research

    Rs. 4.00 Lakhs p.a. (Approx.)

    Asian Paints, Axis Bank, Berger Paints, Coca-Cola, Deloitte, Genpact, HDFC Bank

    Sanghvi Institute of Management and Science

    Rs. 4.80 Lakhs p.a. (Approx.)

    Aegon Religare, Angel Broking, Axis Bank, ICICI, Jet Airways, Just Dial, Kotak Securities, Mphasis, NIIT, Reliance Digital, Shoppers Stop, TVS Group

    Narsee Monjee Institute of Management studies

    Rs. 17.79 Lakhs p.a. (Approx.)

    TCS, Microsoft, ICICI Bank, Newgen and Eduonix, Federal Bank, ICICI Bank, RedDot entertainment.

     
    List of MBA/PGDM Colleges in Indore (Entrance Exams) 

    Entrance exams matter a lot for all the MBA colleges in India. There are many national level exams, state-level exams and institution-based exams which are accepted by MBA Colleges. Some famous exams are CAT, MAT, XAT, and CMAT. 

    Below we have mentioned all the top MBA colleges in Indore and the exams accepted by them.  

    Name of the Colleges

    Entrance exam

    Indian Institute of Management

    IPMAT, CAT, GMAT (Further they also conduct written aptitude test {WAT} and research aptitude test {RAT})

    Institute of Business Management and Research, IPS academy

    CMAT, ATMA, CAT, XAT, MAT

    Institute of Management Studies Devi Ahilya University 

    CMAT

    Jaipuria Institute of Management

    CMAT, CAT, XAT, MAT, ATMA

     

    Prestige Institute of Management and research

    CMAT

    Sanghvi Institute of Management and Science

    CMAT

    Narsee Monjee Institute of Management Studies

    NMIMS - NPAT


    Popular specializations for MBA/PGDM and top MBA colleges in Indore offering them

    As mentioned earlier, in MBA/PGDM courses further in the 2nd year, students can also do specializations in various areas.  

    We have mentioned the top 3 famous specialization areas in MBA course and top MBA colleges in Indore offering them: - 

    1. Financial Services in MBA / PGDM 

    a.  Institute of Business Management and Research, IPS academy

    b.  Institute of Management Studies, Devi Ahilya University

    c.  Prestige Institute of Management and Research 

    2. Human Resource Management

    a.  Institute of Management Studies Devi Ahilya University

    b.  Prestige Institute of Management and Research 

    3. Marketing Management

    a.  Institute of Management Studies Devi Ahilya University

    b.  Prestige Institute of Management and Research 

    4. General Management 

    a.  IIM Indore

    b.  Institute of Management Studies Devi Ahilya University

    c.  Prestige Institute of Management and Research

    d.  Institute of Business Management and Research IPS Academy

    e.  Narsee Monjee Institute of Management Studies  

    Admission process for list of MBA colleges in Indore 

    1.  The student should clear their 10+2 examination in any subject after which they have to complete their bachelor’s degree, again they can do any field in bachelor’s also, and after which they have to apply for the entrance exams. Some colleges accept various entrance exams. So, a student should at least give 4 to 5 entrance exams related to MBA courses such as CAT, XAT, CMAT, MAT, and ATMA. 

    2.  After the results are announced, each college announces their cutoff, and according to the marks scored by the students, they may get into their preferred colleges if they score a minimum cutoff or more based on the college. Generally, each college has a maximum of 5 rounds for admitting students. 

    3.  Once the students clear the cutoff criteria, then they must give Personal Interviews and group discussions. The college gives the admission offer based on Cutoff, Personal interviews, and group discussions. 

    4.  After which if the student passes all the rounds, then they must pay the fees and do other needful things. 

    Things to look for in list of MBA Colleges in Indore

    1.  To ensure if the college you are seeking for admission in is providing your preferred specialization or not. Because many MBA colleges only provide the course of general management, they do not provide any other specialization.  

    2. See if the college has a systematic Placement cell. MBA colleges need to have good placement cells so that their students can get Job Opportunities from the college itself. 

    3. Campus facilities, other amenities should be provided by the college. Internships should also be provided by the college itself. Colleges fest, Educational trips, webinars, guest lectures all should be arranged by the college.

    The hostel is also a mandatory part of college. A good college should have hostels for its students from different cities.  

    FAQs

    Question 1 - Is Indore a good city to study MBA / PGDM courses?

    Answer – Yes, a candidate can study MBA at Indore as there are 4 to 5 good colleges for MBA in Indore.  The top MBA college of all over India which is IIM also has one of its branches in Indore.  Other than that, there are many other colleges such as Institute of Management Studies, Devi Ahilya University. 

    Question 2 - What is the rank of IIM Indore in all over India? 

    Answer - IIM Indore has been ranked 6th by NIRF Website and 4th by Careers360. 

    Question 3 - Which college in Indore provides Human Resource specialization in MBA Course?

    Answer - There are only 2 colleges in Indore which provide Human Resource specialization in MBA, they are- Institute of Management studies Devi Ahilya University and Prestige Institute of Management and research.

    Question 4 - What is the fee of an MBA course at IIM Indore?

    Answer – Approximately, the fees at IIM Indore for an MBA course is Rs. 19.40 Lakhs. 

    Question 5 - What is the average placement package at Prestige institute of management?

    Answer - The average placement package at Prestige institute of management is Rs. 6 Lakhs. 

    Question 6 - Does Narsee Monjee Institute of management studies have a branch in Indore?

    Answer - Yes, Narsee Monjee Institute of Management studies has a branch in Indore and is one of the list of colleges for MBA in Indore. 

    Question 7 - Which specialization is most famous in an MBA course?

    Answer - General Management is the most famous specialization course in MBA. 

    Question 8 - Does IIM Indore accept CAT results?

    Answer – Yes, IIM Indore considers the results of CAT for their post-graduation program. 

    Question 9 - What is the fees of Narsee Monjee Institute of Management studies in Indore?

    Answer – Approximately, the fees at Narsee Monjee Institute of Management studies is Rs. 14.50 Lakhs. 

    Question 10: - What is the placement rating of Institute of Business Management and Research, IPS academy?

    Answer – 3.8 is the placement rating of Institute of Business Management and Research IPS academy. 

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    • Indore
    • MBA
    • Madhya Pradesh

    AGBS Indore - Amity Global Business School, Indore

    Indore, Madhya Pradesh
    Private
    PGPM and MBA
    • Fees : 4.43 Lakhs
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    AIMR Indore - Apex Institute of Management and Research, Indore

    Indore, Madhya Pradesh
    Private
    MBA
    Brochures downloaded so far
    Brochures downloaded so far

    AITR Indore - Acropolis Institute of Technology and Research, Indore

    Indore, Madhya Pradesh
    Private
    MBA
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    DAVV - Devi Ahilya Vishwavidyalaya, Indore

    Indore, Madhya Pradesh
    Public/Govt

    DAVV - Devi Ahilya Vishwavidyalaya, Indore

    Indore, Madhya Pradesh Public/Govt 4.0/523 Reviews
    MBA Business Economics
    600+ Brochures downloaded so far
    600+ Brochures downloaded so far

    GACC Indore - Shri Atal Bihari Vajpayee Government Arts and Commerce College, Indore

    Indore, Madhya Pradesh
    Public/Govt
    MBA
    • Fees : 83.20 k
    300+ Brochures downloaded so far
    300+ Brochures downloaded so far

    GSB Indore - Graduate School of Business, Indore

    Indore, Madhya Pradesh
    Private
    MBA
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    GSIMR Indore - Govindram Seksaria Institute of Management and Research, Indore

    Indore, Madhya Pradesh
    4.0/51 Review
    Private
    MBA
    • Fees : 1.28 Lakhs
    Brochures downloaded so far
    Brochures downloaded so far

    IBMR Indore - Institute of Business Management and Research, IPS Academy, Indore

    Indore, Madhya Pradesh
    4.2/57 Reviews
    Private

    IBMR Indore - Institute of Business Management and Research, IPS Academy, Indore

    Indore, Madhya Pradesh Private 4.2/57 Reviews
    Careers360 Rating: AAA+
    Careers360 Rating: AAA+
    MBA
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    IMI Indore - Indore Management Institute and Research Center, Indore

    Indore, Madhya Pradesh
    Private
    MBA
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      IMS DAVV Indore - Institute of Management Studies, Devi Ahilya University, Indore

      Indore, Madhya Pradesh
      3.5/53 Reviews
      Public/Govt

      IMS DAVV Indore - Institute of Management Studies, Devi Ahilya University, Indore

      Indore, Madhya Pradesh Public/Govt 3.5/53 Reviews
      Careers360 Rating: AAA
      Careers360 Rating: AAA
      MBA Financial Administration
      300+ Brochures downloaded so far
      300+ Brochures downloaded so far

      Filter by Ownership

      LNCTS Indore - Lakshmi Narain College of Technology and Science, Indore

      Indore, Madhya Pradesh
      Private
      MBA
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      MRSC Indore - Maharaja Ranjit Singh College of Professional Sciences, Indore

      Indore, Madhya Pradesh
      3.8/52 Reviews
      Private
      MBA
      • Fees : 1.01 Lakhs
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      Filter by Study Mode

      PCST Indore - Patel College of Science and Technology, Indore

      Indore, Madhya Pradesh
      4.5/52 Reviews
      Private
      MBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        PIMR Indore - Prestige Institute of Management and Research, Indore

        Indore, Madhya Pradesh
        Private

        PIMR Indore - Prestige Institute of Management and Research, Indore

        Indore, Madhya Pradesh Private 3.6/520 Reviews
        Careers360 Rating: AAA+
        Careers360 Rating: AAA+
        MBA
        300+ Brochures downloaded so far
        300+ Brochures downloaded so far

        Radiant Indore - Radiant Institute of Management and Science, Indore

        Indore, Madhya Pradesh
        Private
        MBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        SIMS Indore - Sanghvi Institute of Management and Science, Indore

        Indore, Madhya Pradesh
        3.8/52 Reviews
        Private

        SIMS Indore - Sanghvi Institute of Management and Science, Indore

        Indore, Madhya Pradesh Private 3.8/52 Reviews
        Careers360 Rating: AA
        Careers360 Rating: AA
        MBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        VITS Indore - Vindhya Institute of Technology and Science, Indore

        Indore, Madhya Pradesh
        4.0/57 Reviews
        Private
        MBA
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          Amaltas College of Management, Indore

          Indore, Madhya Pradesh
          Private

          Amaltas College of Management, Indore

          Indore, Madhya Pradesh Private
          MBA
            Brochures downloaded so far
            Brochures downloaded so far

            Artemisia Business school, Indore

            Indore, Madhya Pradesh
            Private

            Artemisia Business school, Indore

            Indore, Madhya Pradesh Private
            MBA
              100+ Brochures downloaded so far
              100+ Brochures downloaded so far

              Astral Institute of Business Studies, Indore

              Indore, Madhya Pradesh
              Private

              Astral Institute of Business Studies, Indore

              Indore, Madhya Pradesh Private
              MBA
                Brochures downloaded so far
                Brochures downloaded so far

                BM College of Management and Research, Indore

                Indore, Madhya Pradesh
                Private

                BM College of Management and Research, Indore

                Indore, Madhya Pradesh Private
                MBA
                Brochures downloaded so far
                Brochures downloaded so far

                Central India institute of Technology, Indore

                Indore, Madhya Pradesh
                Private

                Central India institute of Technology, Indore

                Indore, Madhya Pradesh Private
                MBA
                • Fees : 1.29 Lakhs
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                Chameli Devi Group of Institutions, Indore

                Indore, Madhya Pradesh
                Private

                Chameli Devi Group of Institutions, Indore

                Indore, Madhya Pradesh Private 3.7/518 Reviews
                MBA
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                College of Engineering, Dr APJ Abdul Kalam University, Indore

                Indore, Madhya Pradesh
                Private
                MBA
                Brochures downloaded so far
                Brochures downloaded so far

                Directorate of Distance Education, Devi Ahilya Vishwavidyalaya, Indore

                Indore, Madhya Pradesh
                Public/Govt
                MBA
                  100+ Brochures downloaded so far
                  100+ Brochures downloaded so far

                  Dr APJ Abdul Kalam University, Indore

                  Indore, Madhya Pradesh
                  Private

                  Dr APJ Abdul Kalam University, Indore

                  Indore, Madhya Pradesh Private
                  MBA
                    300+ Brochures downloaded so far
                    300+ Brochures downloaded so far

                    Educational Multimedia Research Centre, DAVV, Indore

                    Indore, Madhya Pradesh
                    Public/Govt
                    MBA Media Management
                      100+ Brochures downloaded so far
                      100+ Brochures downloaded so far

                      Educational Multimedia Research Centre, Devi Ahilya University, Indore

                      Indore, Madhya Pradesh
                      3.5/51 Review
                      Private
                      MBA Media Management
                        Brochures downloaded so far
                        Brochures downloaded so far

                        Idyllic Institute of Management, Indore

                        Indore, Madhya Pradesh
                        Private

                        Idyllic Institute of Management, Indore

                        Indore, Madhya Pradesh Private
                        MBA
                        100+ Brochures downloaded so far
                        100+ Brochures downloaded so far

                        Indore Institute of Computer Application, Indore

                        Indore, Madhya Pradesh
                        Private
                        MBA
                          Brochures downloaded so far
                          Brochures downloaded so far

                          KK Vigyan and Vyavsaik Adhyayan Mahavidyalaya, Indore

                          Indore, Madhya Pradesh
                          Private
                          MBA
                            Brochures downloaded so far
                            Brochures downloaded so far

                            Lakshmi Narain College of Technology, Indore

                            Indore, Madhya Pradesh
                            2.5/53 Reviews
                            Private

                            Lakshmi Narain College of Technology, Indore

                            Indore, Madhya Pradesh Private 2.5/53 Reviews
                            MBA
                            Brochures downloaded so far
                            Brochures downloaded so far

                            Lord Krishna College of Technology, Indore

                            Indore, Madhya Pradesh
                            Private

                            Lord Krishna College of Technology, Indore

                            Indore, Madhya Pradesh Private
                            MBA
                            Brochures downloaded so far
                            Brochures downloaded so far

                            Madhuban Institute of Professional Studies, Indore

                            Indore, Madhya Pradesh
                            Private
                            MBA
                              Brochures downloaded so far
                              Brochures downloaded so far

                              Maharishi Institute of Management, Indore

                              Indore, Madhya Pradesh
                              Private

                              Maharishi Institute of Management, Indore

                              Indore, Madhya Pradesh Private
                              MBA
                                100+ Brochures downloaded so far
                                100+ Brochures downloaded so far

                                Malwanchal University, Indore

                                Indore, Madhya Pradesh
                                Private

                                Malwanchal University, Indore

                                Indore, Madhya Pradesh Private
                                MBA
                                100+ Brochures downloaded so far
                                100+ Brochures downloaded so far

                                Mathuradevi Institute of Management, Indore

                                Indore, Madhya Pradesh
                                Private

                                Mathuradevi Institute of Management, Indore

                                Indore, Madhya Pradesh Private
                                MBA
                                Brochures downloaded so far
                                Brochures downloaded so far

                                Mathuradevi Institute of Technology and Management, Indore

                                Indore, Madhya Pradesh
                                3.2/52 Reviews
                                Private
                                MBA
                                  Brochures downloaded so far
                                  Brochures downloaded so far

                                  Medi-Caps University, Indore

                                  Indore, Madhya Pradesh
                                  Private

                                  Medi-Caps University, Indore

                                  Indore, Madhya Pradesh Private 3.6/550 Reviews
                                  MBA
                                  • Exams : CAT
                                  • Fees : 1.80 Lakhs
                                  300+ Brochures downloaded so far
                                  300+ Brochures downloaded so far

                                  Oriental School of Business Management and Commerce, Indore

                                  Indore, Madhya Pradesh
                                  Private
                                  MBA Core with Dual Specialization
                                  • Fees : 1.20 Lakhs
                                  Brochures downloaded so far
                                  Brochures downloaded so far

                                  Pioneer Institute of Professional Studies, Indore

                                  Indore, Madhya Pradesh
                                  4.2/52 Reviews
                                  Private

                                  Pioneer Institute of Professional Studies, Indore

                                  Indore, Madhya Pradesh Private 4.2/52 Reviews
                                  Careers360 Rating: AA
                                  Careers360 Rating: AA
                                  MBA
                                  100+ Brochures downloaded so far
                                  100+ Brochures downloaded so far

                                  RKDF School of Engineering, Indore

                                  Indore, Madhya Pradesh
                                  Private

                                  RKDF School of Engineering, Indore

                                  Indore, Madhya Pradesh Private
                                  MBA
                                    Brochures downloaded so far
                                    Brochures downloaded so far

                                    Renaissance University, Indore

                                    Indore, Madhya Pradesh
                                    Private

                                    Renaissance University, Indore

                                    Indore, Madhya Pradesh Private
                                    MBA+PGP Business Analytics
                                    100+ Brochures downloaded so far
                                    100+ Brochures downloaded so far
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