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!

Best MBA Colleges in Indore

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

CMAT

CAT

MAT



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

CAT Schedule

XAT Exam 2024 Exam

7 Jan ‘24

XAT Schedule



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.