Best MBA Colleges in Indore
Explore top MBA colleges in Indore! Get key insights on courses, fees, and placements to launch your successful business career. Choose your best fit now!
There are a total of 130 of the best MBA colleges in Indore. Among these, 97 colleges are privately owned, and 6 are owned by public/government organisations. CMAT, CAT, MAT, XAT, and ATMA are some of the most accepting entrance exams in top MBA colleges in Indore. IIM Indore, Jaipuria Indore, Prestige Institute of Management and Research, IPS Academy Institute of Business Management and Research, SAGE University, Shivajirao Kadam Institute of Technology & Management, Shri Vaishnav Institute of Management, etc., are some of the popular MBA colleges in Indore.
Latest Updates:
- XAT result 2024 will be announced on January 31, 2024.
- CAT exam 2023 results have been declared.
- CMAT 2024 registrations will likely start in February 2024.
- MAT 2024 registrations are expected to begin in January 2024.
- The last date to fill out the ATMA application form is February 11, 2024. The February ATMA exam will be conducted on February 18, 2024.
Best MBA Colleges in Indore: Highlights 2024
One of the most well-liked post-graduate courses in Indore is the MBA. The two-year curriculum serves as a platform for numerous corporate job options. Most institutions shortlist applicants based on their exam results, academic performance, and work experience. After being shortlisted, these individuals must subsequently show up for a Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI). The relevant B-schools then create a merit list after this.
Parameters |
Statistics |
No. of MBA Colleges |
130 |
Annual Fees |
INR < 1 lakh: 64 colleges INR 1-2 lakh: 42 colleges INR 2-3 lakh: 12 colleges INR 3-5 lakh: 8 colleges INR > 5 lakh: 8 colleges |
Top Specialisations |
Finance, Sales & Marketing, Human Resources, International Business, IT & Systems, Operations, etc. |
Accepted Entrance Exams |
How can I get admission to the best MBA colleges in Indore?
The requirements for MBA courses in Indore may vary amongst colleges. However, the following are the fundamental requirements for MBA eligibility:
- Candidates must have earned their degree in any field of study or equivalent from an accredited university. Most institutions adhere to the graduation minimum score requirement of 50% overall or an equivalent CGPA. The required minimum score for students in the reserved category is 45% overall or an equal CGPA.
- Students in their final year of graduation can apply for an MBA if they can provide documentation that their degree was earned within the institute-specified time frame.
What are the popular entrance exams for the best MBA colleges in Indore?
The two most popular entrance exams accepted in top MBA College in Indore are:
- CAT: A national-level management aptitude test known as the Common Admission Test (CAT) is required for enrollment in the MBA programs provided by 20 IIMs and more than 1,200 B-schools in India. Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude are the three categories that make up the CAT question paper. Phase-by-phase completion of the CAT syllabus, practice taking mock exams, and review are all important components of CAT exam preparation.
- MAT: The Management Aptitude Test, or MAT, is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September, and December. MAT exam is conducted offline (Paper-based test or PBT), online (Computer-based Test or CBT), and remotely proctored (internet-based Test or IBT) modes.
Exam Name |
Dates |
Schedule |
CAT Exam 2023 Exam |
26 Nov ‘23 |
|
XAT Exam 2024 Exam |
7 Jan ‘24 |
Which college is best for MBA in Indore?
College Name |
NIRF 2021 |
NIRF 2022 |
NIRF 2023 |
IIM Indore |
6 |
7 |
8 |
What are the top private MBA colleges in Indore?
College Name |
Total Tuition Fee/Seat Intake |
Entrance Exam/ Eligibility Criteria |
Jaipuria Indore - Jaipuria Institute of Management Admission |
INR 12 lakh Seats: 180 |
Entrance Exam: CAT, MAT, XAT, CMAT Candidates must hold a bachelor’s degree with a minimum of 50% aggregate |
Prestige Institute of Management and Research Admission |
INR 2 lakh Seats: 1,200 |
Entrance Exam: CMAT Candidates must have passed in Bachelor’s in a relevant stream with at least 50% marks as an aggregate. |
SAGE University Admission |
INR 1 lakh – INR 4 lakh Seats: 780 |
Entrance Exam: SEE, CAT, XAT, MAT Bachelor's degree with at least 50% aggregate |
Acropolis Institute of Technology and Research Admission |
INR 1 lakh Seats: 120 |
Entrance Exam: CMAT |
What are the top govt. MBA colleges in Indore?
College Name |
Total Tuition Fee/Seat Intake |
Entrance Exam/Eligibility Criteria |
IIM Indore Admission |
INR 17 lakh – INR 35 lakh Seats: 212 |
Entrance Exam: CAT UG degree with 50% aggregate |
Devi Ahilya Vishwavidyalaya (DAVV) Admission |
INR 31,000 - INR 2 lakh Seats: 11,035 |
Entrance Exam: CMAT, CUET-PG, CAT, MAT, XAT Bachelor’s degree with at least 45% aggregate or an equivalent grade |
Devi Ahilya Vishwavidyalaya, Takshasila Campus Admission |
INR 99,000 - INR 1 lakh Seats: 120 |
Entrance Exam: CUET-PG, CMAT, MPMET |
Dr. B.R. Ambedkar University of Social Sciences Admission |
INR 57,000 Seats: 61 |
NA |
What is the cost of the best MBA colleges in Indore?
College Name |
Total Course Fee |
Annual Median Package |
IIM Indore MBA |
INR 17 lakh – INR 35 lakh |
INR 22 LPA - INR 27 LPA |
Devi Ahilya Vishwavidyalaya (DAVV) MBA |
INR 31,000 - INR 2 lakh |
INR 5 LPA - INR 7 LPA |
Devi Ahilya Vishwavidyalaya, Takshasila Campus MBA |
INR 99,000 - INR 1 lakh |
INR 5 LPA |
Prestige Institute of Management and Research MBA |
INR 2 lakh |
INR 5 LPA |
SAGE University MBA |
INR 1 lakh – INR 4 lakh |
INR 3 LPA |
Acropolis Institute of Technology and Research MBA |
INR 1 lakh |
INR 4 LPA |
Which MBA college in Indore offers the highest salary?
College Name |
Placement Package |
Top Recruiters |
IIM Indore Placements |
INR 22 LPA - INR 27 LPA |
Google, Amazon, Amway, IBM, American Express, etc. |
NMIMS University Placements |
INR 11 LPA - INR 12 LPA |
Jubilant Ingrevia, Rockwell Automation, KPMG, Zydus Cadila, Berger, etc. |
Prestige Indore Placements |
INR 5 LPA |
TCS, EY, Infosys, ICICI Bank, Deloitte, S&P Global, etc. |
How affordable is studying MBA in Indore?
Fee Range |
Names of Colleges |
< INR 1 lakh |
Lal Bahadur Shastri Institute of Technology and Management, DAVV, Devi Ahilya Vishwavidyalaya, etc. |
INR 1-2 lakh |
SAGE University, Shri Vaishnav Institute of Management, Lakshmi Narain College of Technology, etc. |
INR 2-3 lakh |
Prestige Institute of Management and Research, SAGE University, DAVV, etc. |
INR 3-5 lakh |
SAGE University, Amity Global Business School, Prestige Institute of Global Management, etc. |
> INR 5 lakh |
IIM Indore, Jaipuria Indore, NMIMS Indore, etc. |