Indore is one of the most populous cities in Madhya Pradesh. Indore has a total of 98 MBA colleges offering MBA courses in various specializations. MBA colleges in Indore offer MBA courses that provide diverse career opportunities across various industries and sectors. One can get job roles such as management consultant, business analyst, project manager, marketing manager, finance manager, operations manager, entrepreneur, and more. Best MBA colleges in Indore offer specializations in various fields such as accounting, finance, marketing, operations, human resources, and strategy. CAT, XAT, NMAT, MAT, CMAT, ATMA, and other state-level exams are some of the exams that candidates need to take to gain admission to the best MBA colleges in Indore.

Best MBA Colleges in Indore: Highlights

There are around 130+ best MBA colleges in Indore. Out of these 98 colleges belong to private and 6 colleges belong to public/ government institutions. The table below mentions the salient features of MBA institutes in Indore:

Parameters	Statistics
No. of MBA Colleges	130+
Annual Fees	Rs < 1 lakh: 63 colleges Rs 1-2 lakh: 45 colleges Rs 2-3 lakh: 13 colleges Rs 3-5 lakh: 8 colleges Rs > 5 lakh: 9 colleges
Top Specialisations	Finance, Human Resources, Sales & Marketing, International Business, Operations, IT & Systems, etc.
Accepted Entrance Exams	CMAT CAT MAT

Eligibility Criteria of Best MBA Colleges in Indore

Candidates should have a bachelor's degree from a recognized university or institution in any discipline with the required aggregate marks following the institutions' requirements.
Many MBA colleges in Indore require candidates to have the necessary cut-off in a national or state-level management entrance exam. Common entrance exams include CAT, XAT, MAT, CMAT, ATMA, and other state-level exam
Candidates may need to fulfill any additional requirements specified by the college, such as appearing for group discussions (GD), personal interviews (PI), written ability tests, and proof of previous work experience.
Final-year students are also eligible to apply.

Free tools for personalised MBA college recommendations

Use these free tools to get a list of colleges where you can apply for MBA admission based on your entrance exam score.

CAT College Predictor	CMAT College Predictor
MAT College Predictor	NMAT College Predictor
SNAP College Predictor	XAT College Predictor
MAH MBA CET College Predictor

Popular Entrance Exams for Best MBA Colleges in Indore

CAT: The Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 21 IIMs and over 1,200 B-schools in India.CAT is conducted by a different IIM each year. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Quantitative Aptitude
XAT: XAT (Xavier Aptitude Test) is a national-level management entrance examination conducted by XLRI, Jamshedpur for admission to MBA/PGDM programs.Applicants can apply to various colleges in India through XAT scores.XAT has a different paper pattern therefore the XAT Syllabus has few extra topics as compared to other management entrance Exams. It comprises four sections: Decision Making, Verbal Ability and Logical Reasoning, Quantitative Ability & Data Interpretation, and General Knowledge.
MAT (Management Aptitude Test) is conducted in paper-based (PBT), computer-based (CBT), and Internet-proctored (IBT) modes, providing candidates with options based on their preferences. The MAT Syllabus has various topics like English Comprehension, Quantitative Skills, and Logical Reasoning. The MAT exam pattern comprises five sections: Language Comprehension, Mathematical Skills, Data Analysis and Sufficiency, Intelligence and Critical Reasoning, and Indian and Global Environment.
NMAT (Narsee Monjee Management Aptitude Test) is a computer-based test (CBT) comprising multiple-choice questions (MCQs). The NMAT exam pattern consists of three sections: Language Skills, Quantitative Skills, and Logical Reasoning. Each section is individually timed, and candidates need to complete the entire exam within the allotted time frame.

Best MBA Colleges in Indore with NIRF Ranking 2024

NIRF is the National Institutional Ranking Framework which is a centralized ranking system that judges institutions across India per various parameters. The rankings provide valuable insights for students, parents, and policymakers to make informed decisions regarding higher education institutions.Given below is the list of Best MBA Colleges in Indore based on NIRF Ranking so that you can target your dream B-School.

List of the Best MBA Colleges in Indore based on the NIRF Ranking 2024

College Name	Type of college	NIRF 2024 ranking
Indian Institute of Management Indore	government	8
Jaipuria Institute of Management Indore	private	101-125
School of Data Science and Forecasting: Devi Ahilya Vishwavidyalaya	government	NA
Excel Business School, Indore	private	NA
Heritage Academy, Indore	private	NA

Best MBA Colleges in Indore: Fees-Wise

There are many government and private MBA colleges in Indore that you can target for a bright career in management. Given below are the lists of the best government and private MBA colleges in Indore with their respective total tuition.

Best Private MBA Colleges in Indore

Private College Name	Courses	Fees
SAGE University Indore	MBA	Rs 1,20,000-Rs2,20,000
SGSITS Indore - Shri Govindram Seksaria Institute of Technology and Science	MBA	NA
NMIMS Indore - Narsee Monjee Institute of Management Science	MBA	NA
LNCTS Indore - Lakshmi Narain College of Technology and Science	MBA	NA
PIMR Indore - Prestige Institute of Management and	MBA	Rs 2,36,000

Best Govt MBA Colleges in Indore

Govt College Name	Courses	Fees
DAVV - Devi Ahilya Vishwavidyalaya Indore	MBA	Rs 83,200-Rs 3,65,000
GACC Indore-Shri Atal Bihari Vajpayee Government Arts and Commerce College	MBA	Rs 83,202
IIPS Indore - International Institute of Professional Studies	MBA	NA
IMS DAVV Indore - Institute of Management Studies	MBA	Rs 1,22,000-Rs 1,27,000
Educational Multimedia Research Centre DAVV Indore	MBA Media Management	Rs 1,40,000

Best MBA Colleges in Indore: Admission Process 2025

Best MBA colleges in Indore have a thorough admission process based on various MBA entrance exam scores through which candidates are vetted to see if they are suitable for the course and institution.

Listed below are the admission processes for top MBA Colleges in Indore:

College Names	Admission Process
Indian Institute of Management Indore	IIM Indore Admissions are based on CAT exam scores, followed by personal interviews and group discussion
DAVV - Devi Ahilya Vishwavidyalaya Indore	DAVV Indore Admissions will be done as per merit in the entrance test conducted by the university
SAGE University Indore	SAGE University Admissions are based on qualifying and fulfilling the cutoff of the SAGE university entrance exam
SGSITS Indore - Shri Govindram Seksaria Institute of Technology and Science	SGSITS Indore Admissions are based on CMAT scores.
NMIMS Indore - Narsee Monjee Institute of Management	NMIMS Indore Admissions are based on the NMAT exam.

Best MBA Colleges in Indore: Placement-wise

Given below are the starting packages of top MBA colleges in Indore and their top recruiters:

List of Best MBA Colleges in Indore Median Salary and Top Recruiters:

Placement Links	Median salary	Top Recruiters
Indian Institute of Management Indore Placements	Rs 24,09,000	Barclays, Avendus, Credit Suisse, Goldman Sachs, JP Morgan Chase & Co., Deutsche Bank, and The Rohatyn Group
DAVV Indore Placements	Rs 3,60,000	NA
SAGE University Indore Placements	Rs 5,00,000	CEAT, Felix, ICICI Bank, JOHN DEERE, Reliance, TCS
SGSITS Indore Placements	Rs 3,88,000	Google, Reliance Jio, Ford, Deloitte, Suzuki, Accenture
NMIMS Indore Placements	Rs 11,00,000	Axis Finance, Bandhan Bank, CRISIL, ICICI Bank, EY, KPMG, Tata, Hindustan Times

Best MBA Colleges in Indore: Cut-off

Candidates need to take various entrance exams as required by their institutions to be offered admission to top MBA programmes in Indore.

Listed below are the cut off of the best MBA colleges in Indore:

Colleges	Exam	Cut-off
IIM Indore	CAT	99
Jaipuria Institute of Management, Indore	CAT	50+

Must check for MBA students

Students looking for admission to the management programme should check out the best MBA colleges in India and city-wise.

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