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Top MBA Colleges in Madhya Pradesh 2024

State of Madhya Pradesh has a host of options in management education of the country. There are 16 management colleges in the state in total out of which 5 are governmental and 11 are private. The Colleges are noted for their good academic records, highly experienced faculty, and an overall comprehensive management learning course. Following is the list of top MBA Colleges in Madhya Pradesh which would provide a blend of theoretical learning and practical exposure to the students so that they can cope up with the globally changing business environment.

There are some very well-known and well-established MBA colleges in Madhya Pradesh, which offer the best facilities in the classroom for optimum teaching: Indian Institute of Management (IIM) Indore with its renowned faculty and international linkages, and Atal Bihari Vajpayee Indian Institute of Information Technology and Management (IIITM) Gwalior, where there is an integration of technology and management study. Other prestigious colleges that enjoy great recognition include the Indian Institute of Forest Management (IIFM) Bhopal, Sagar Institute of Research and Technology, Bhopal, and Amity University, Gwalior which offer unique management programs together with very good placements. These colleges are determined to develop future leaders and innovators, providing a conducive learning environment and extensive exposure to industry.

Top MBA Colleges in Madhya Pradesh 2024 (Based on NIRF Ranking)

Accredited by the National Institutional Ranking Framework, this is a high-end ranking scheme under the Ministry of Education, Government of India, to assess higher education institutions in India. The ranking of NIRF assesses the colleges on multi-parameters that are teaching-learning and resources, research and professional practice, graduation outcomes, outreach and inclusivity, and peer perception. It is one of the most recognized benchmarks for assessing the quality and performance of any institution at large in the country.

Top Management Colleges in Madhya Pradesh 2024 (Based on Careers360 Ranking)

Careers360 manages an institution ranking all over India concerning the basis of faculty quality, infrastructure, placement, and student reviews. The ranking is quite fair about the top MBA colleges in Madhya Pradesh and will help students take further decisions pertaining to higher studies.

Top MBA Colleges in Madhya Pradesh 2024: Fee Details

The fee structure for top MBA colleges in Madhya Pradesh varies greatly widely on the kind of the institution - government or private. For government institutions, the fees of these programs range from INR 12,600 to over INR 22 lakh for top-tier colleges. The wide range of tuition structures available allows students from various economic backgrounds to select a program that aligns with their financial capabilities while still obtaining a high-quality education. This document provides information about the leading private and government MBA institutions in Madhya Pradesh, together with their corresponding tuition fees.

Top Private MBA Colleges in Madhya Pradesh

Private MBA colleges in Madhya Pradesh have higher fees due to better facilities, improved job placement opportunities and extensive exposure to the industry. Below is a list of the top private MBA colleges in Madhya Pradesh along with their fee structures.

College Name

Fees

Sagar Institute of Research and Technology, Bhopal

₹3.24 Lakhs - ₹6.12 Lakhs

Amity University, Gwalior

₹3.24 Lakhs - ₹6.12 Lakhs

ITM University, Gwalior

₹9 Lakhs

Jagran Lakecity Business School, Bhopal

₹3.05 Lakhs - ₹3.70 Lakhs

Prestige Institute of Management and Research, Indore

₹1.26 Lakhs - ₹2.36 Lakhs

Top Government MBA Colleges in Madhya Pradesh

Government MBA colleges are an appealing alternative for numerous students due to their increased affordability and the quality of their education. A table is provided below that illustrates the fee details of the top government MBA colleges in Madhya Pradesh:

College Name

Fees

Indian Institute of Management (IIM) Indore

₹17.60 Lakhs - ₹22.12 Lakhs

Atal Bihari Vajpayee Indian Institute of Information Technology and Management (IIITM) Gwalior

₹3.54 Lakhs

Institute of Management Studies, Devi Ahilya University, Indore

₹1.22 Lakhs - ₹1.27 Lakhs

Indira Gandhi National Tribal University, Amarkantak

₹12.60 K

Eligibility Criteria for Admissions to Top MBA Colleges in Madhya Pradesh Accepting Entrance Exam Scores

To be accepted into the top MBA colleges in Madhya Pradesh candidates need to meet the eligibility criteria set by the institutions. These criteria usually include a combination of qualifications, entrance exam scores and additional requirements. The common eligibility criteria for MBA programs in the state are as follows. 

  • Educational Background: Candidates should hold a Bachelor's degree in any field from a recognized university with an aggregate score of 50% to 60%. There may be some relaxation in the percentage for candidates belonging to categories like SC ST or OBC. 

  • Entrance Examination: Most MBA programs in Madhya Pradesh require a valid score from entrance exams such as CAT, MAT, CMAT, GMAT, XAT or state specific tests. Some colleges may also consider scores from tests or conduct their entrance examinations.

  • Additional Requirements: Many universities also have a selection process that may include discussions (GD), interviews (PI) and/or written ability tests (WAT). Previous work experience, involvement in activities and internships can also influence the selection process for certain institutions.

  • Work Experience (if applicable): While not required for all colleges, some of the top MBA colleges may prioritise candidates with pertinent work experience. This is especially true for Executive MBA programs where a minimum of 2,5 years of professional experience is typically required.

Top MBA Colleges in Madhya Pradesh 2024: Admissions Process

The admission process for top MBA colleges in Madhya Pradesh typically consists of several stages, such as qualifying entrance exams, group discussions, personal interviews, and occasionally a written ability test. The specific requirements and process may differ from one institution to another; however, the majority of colleges adhere to a standardised procedure that is intended to evaluate a candidate's overall readiness for the program.

College Name

Admissions Process

Indian Institute of Management (IIM) Indore

Admission is based on CAT scores followed by the Written Ability Test (WAT) and Personal Interview (PI).

Atal Bihari Vajpayee Indian Institute of Information Technology and Management (IIITM) Gwalior

Admission is through valid CAT/CMAT scores, followed by GD and PI.

Institute of Management Studies, Devi Ahilya University, Indore

Based on CMAT scores, followed by counselling and PI.

Indira Gandhi National Tribal University, Amarkantak

Admission through entrance exams conducted by the university, followed by GD and PI.


FAQs

  1. What are the top MBA colleges in Madhya Pradesh for placements?

    • The top MBA colleges in Madhya Pradesh renowned, for their placement opportunities are Indian Institute of Management (IIM) Indore and Atal Bihari Vajpayee Indian Institute of Information Technology and Management (IIITM) Gwalior These institutions boast placement cells that attract companies from various industries. 

  2. What entrance exams are accepted by the top MBA colleges in Madhya Pradesh?

    • When it comes to entrance exams the leading MBA colleges in Madhya Pradesh consider scores from exams such as CAT, CMAT, XAT, and MAT. Additionally some universities likeIndira Gandhi National Tribal University have their own entrance assessments. 

  3. Are there any affordable government MBA colleges in Madhya Pradesh?

    • In terms of options there are government MBA colleges in Madhya Pradesh, such as the Institute of Management Studies, Devi Ahilya University, Indore, and Indira Gandhi National Tribal University, Amarkantak that offer MBA programs at fees compared to private institutions. 


  4. What specialisations are available at the top MBA colleges in Madhya Pradesh?

  5. Are scholarships available at MBA colleges in Madhya Pradesh?

    • Certainly, numerous MBA colleges in Madhya Pradesh provide scholarships to students who are financially disadvantaged, belong to reserved categories, or demonstrate academic excellence. Scholarships are typically awarded on the basis of academic performance, entrance exam scores, or specific eligibility criteria established by the institution.

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IIM Indore - Indian Institute of Management Indore

8

NIRF Rank'24

Careers360 Ranking: 6 Ownership: Public/Government
4.7/5 172 Reviews More Details

IIM Indore - Indian Institute of Management Indore

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IIFM Bhopal - Indian Institute of Forest Management, Bhopal

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ITM University, Gwalior

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

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IGNTU Amarkantak - Indira Gandhi National Tribal University, Amarkantak

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Jagran Lakecity Business School, Bhopal

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Prestige Institute of Management and Research, Gwalior

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

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Amity University, Gwalior

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Sagar Institute of Research and Technology, Bhopal

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