Best MBA Colleges in Indore: List is Here!

By Sharmistha Banerjee|Updated : November 3rd, 2022

The candidates considering MBA from MBA Colleges in Indore must have a precise list of all the top institutes. There are more than 100+ Best MBA Colleges in Indore, which provide globally acknowledged MBA and PGDM degrees in different specilizations to all its students.

Considering the research of BYJU'S Exam Prep experts, it is seen that most of the top MBA Colleges in Indore, both private and public, are approved by UGC and AICTE and have made their position in the NIRF ranking. This article will give you a detailed list of MBA Colleges in Indore, including fees, specializations, ranking, top recruiters, and other important details.

MBA Colleges in Indore Highlights

Candidates who are interested in joining colleges for MBA in Indore must be aware of all the basic details. In the table below, we have listed some important highlights of MBA Colleges in Indore that you must know before applying for final admission.

Components

Details

Total Number of MBA Colleges in Indore

Approximately 100

Fees structures

INR 1 - 8 Lakhs

Specilizations Offered by MBA Colleges in Indore

Sales, Marketing, Finance, HR, Business Operations, Digital Marketing, IT systems, etc.

Admission process

MBA Entrance Exams + Interview process

Approval of MBA Colleges in Indore

UGC, AICTE, NAAC

Top MBA Colleges in Indore

IIM Indore

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Top MBA Colleges in Indore: NIRF Ranking 2022

NIRF is a ranking framework given by the Government of India to rank higher educational institutions. Note the table below to get a list of NIRF Ranking 2022 of the best MBA Colleges in Indore.

Top MBA Colleges in Indore

NIRF Ranking 2022

Indian Institute of Management Indore

7

Fees Structure of Top 10 MBA Colleges in Indore

The candidates must review the MBA Colleges fee structure to know the expenses of that particular institute. Below we have listed the Top MBA Colleges in Indore and their approximate fee structure.

Top MBA Colleges in Indore

Fees (Approximate Value)

IIM Indore

10 LPA

Jaipuria Institute of Management Indore

8 LPA

Symbiosis University of Applied Sciences

11 LPA

Medi Caps University

1.75 LPA

Institute of Business Management and Research

2 LPA

Sri Vaishnav Institute of Management - Indore

80K - 2 LPA

ISBA Institute of Professional Studies Indore

50K

Ch Institute of Management and Commerce - Indore

1 LPA

Oriental University

50K - 3 LPA

SAGE University

80K

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Government MBA Colleges in Indore

Apart from the above-mentioned best private college, there are also Government institutions in Indore to study MBA. Note the table below to get a list of top Government MBA Colleges in Indore.

Best MBA Colleges in Indore

Fees (Approximate Value)

Devi Ahilya Vishwavidyalaya - DAVV

80K

Dr. BR Ambedkar University of Social Sciences

1 LPA

DAVV - Takshashila Campus

95K - 6 LPA

MBA Colleges in Indore Eligibility Criteria

The eligibility criteria to study MBA courses in Indore may vary from college to college. However, the basic eligibility criteria for admission to MBA Colleges in Indore are listed below:

  • Candidates must have passed graduation or equivalent in any discipline from a recognized university, with at least 50% aggregate or equivalent CGPA (45% for reserved category).
  • Final-year students are also eligible to apply for MBA in MBA Colleges in Indore.

Specializations Offered by MBA Colleges in Indore

Colleges of MBA in Indore offer diversified specializations in PG Levels. The most popular ones are Finance and Human Resources, followed by Sales and Marketing. It includes

  • Finance
  • Human Resources
  • Sales and Marketing
  • IT and Systems
  • Operations
  • International Business
  • Travel and Tourism Management
  • Entrepreneurship
  • Business Analytics
  • Agriculture
  • Food Business.

Best MBA Colleges in Indore Cutoff

Admissions to various MBA Colleges in Indore are based on the scores obtained by the students in the entrance tests. The colleges often release their own cutoff scores. It is always recommended to check the official website of these colleges to get all the details related to the required CAT Cut Off.

ROI of Best MBA Colleges in Indore

The colleges to study MBA in Indore offer quality education with high placements. Indore is a good choice since you have good options in Indore with quality education at a low fee and high ROI. Refer to the table below to know the best MBA Colleges in Indore with the average annual fee and average placement package:

Best MBA Colleges in Indore

Fees (Approximate Value)

Packages

Indore Institute of Management and Research

2 LPA

4 LPA

IIM Indore

16 LPA

25 LPA

NMIMS University - Indore

14.45 LPA

8 LPA

Prestige Institute of Management and Research

3 LPA

10 LPA

Indore Indira Business School

4.5 LPA

3 LPA

Exams Accepted By MBA Colleges in Indore

The most popular entrance examinations for studying in MBA Colleges in Indore are CMAT and CAT. While scoring good marks in CMAT will help you land in the best colleges like Devi Ahilya Vishwavidyalaya (DAVV), Institute of Management Studies, and Jaipuria Indore. However, CAT Result is the only key to enter in IIM Indore, IBMR IPS Indore.

Here is a list of exams that MBA Colleges accept in Indore.

MBA Colleges in Indore Top Recruiters

After completing MBA from colleges of MBA in Indore, the candidates will get diverse opportunities to work in the top most MNCs in India and abroad. Here is a list of top recruiters of MBA Colleges in Indore.

Top MBA Colleges in Indore

Top Recruiters

Indore Institute of Management and Research - Indore

Airtel, Capital Via, American Express, Canara Bank, HFFC, Policy Bazaar, Vivo Mobile, HSBC, ICICI Prudential, Jaro Education, etc.

IIM Indore

Deloitte, CTS, TCT, Infosys, JP Morgan, Goldman, Pwc, Boston, Asian Paints, INB, Google, Amazon, ITC, etc.

Jaipuria College

Aditya Birla, TVS Motors, Havells, Philips, Deloitte, Amazon, Amul, RBL Bank, Godrej, TATA AIG, GE Healthcare, Makemytrip, Marico, Times Internet, Vivo, MRF, Muthoot Fincorp, Mahindra and Mahindra, Treebo Hotels, Bajaj Electricals, Wipro, Reckitt Benkiser, Colgate-Palmolive, etc.

Vikrant Group of Institutes - Indore

Flipkart, Amazon, Tech Mahindra, Google, Infosys, Path India, Dilip Buildcon, etc.

NMIMS University - Indore

Deloitte, Kotak, Hitachi, Eagle, JSW, Godrej IDBI Federal, Glaxo, etc.

How Affordable is Studying in MBA Colleges in Indore?

Considering the research of BYJU'S Exam Prep experts, pursuing MBA from the MBA Colleges in Indore is economical as more than 18% of the colleges have a course fee of less than Rs 1 lakh. Colleges under this category are:

  • Devi Ahilya Vishwavidyalaya
  • Apex Institute of Management and Research
  • Vindhya Institute of Technology
  • Sushila Devi Bansal College of Technology
  • Astral Institute of Technology and Research

Around 43% of the MBA Colleges in Indore have an MBA course fee ranging between Rs 1-2 lakh. Some of these institutes are:

  • Medi-Caps University
  • Renaissance University
  • SAGE University
  • Arihant Institute of Management and Technology
  • Indore Institute of Management and Research

Approximately 17% of MBA Colleges in Indore offer MBA degrees with a fee range between Rs 2-3 lakh. It includes:

  • Pioneer Institute of Professional Studies
  • Prestige Institute of Management and Research
  • SAGE University
  • Institute of Business Management and Research
  • Idyllic Institute of Management

About 14% of the MBA Colleges in Indore offer degrees with a fee ranging between Rs 3-5 lakh. Some of these institutes are:

  • Amity Global Business School
  • Prestige Institute of Engineering Management and Research
  • Vikrant Group of Institutions
  • Indore Indira Business School
  • CH Institute of Management and Commerce

Only 8% of MBA Colleges in Indore have a course fee of more than Rs 5 lakh. Colleges under this category are:

  • IIM Indore
  • Jaipuria Indore
  • Symbiosis University of Applied Sciences
  • NMIMS University

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Benefits of Studying MBA in MBA Colleges in Indore

The candidates who will select MBA Colleges in Indore to study MBA will get the benefits below, which are really important to become established in the business and marketing world.

  • MBA Colleges in Indore furnish courses in such a way that drives the students to become aware of the global business market. It extends new job opportunities for them in different business profiles.
  • You can achieve your MBA degree within a very reasonable fee with a high ROI possibility, as the recruiters of MBA Colleges in Indore offer high packages to all the candidates.
  • MBA Colleges in Indore help the candidates improve their professional skills, like communication, Leadership, teamwork, and managerial. All these are very important to become a successful manager in top MNCs.

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FAQs on MBA Colleges in Indore

  • As per the NIRF Ranking 2022, below is the list of best MBA Colleges in Indore:

    • Indian Institute of Management - Indore: It has ranked 7th as per the recent NIRF Rankings 2022.
  • Based on the results of the admission exams, candidates are admitted to different MBA Colleges in Indore. Frequently, institutions publish their own cutoff scores. It is always advised to visit the colleges' official websites to obtain all the necessary information.

  • Specializations offered by MBA Colleges in Indore are listed below:

    • Finance
    • Human Resources
    • Business Analytics
    • Agriculture 
    • Food Business. 
    • International Business
    • Travel and Tourism Management
    • Sales and Marketing
    • IT and Systems
    • Operations
    • Entrepreneurship
  • Yes, studying in MBA Colleges in Indore is very affordable. More than 18% of colleges have course fees less than 1 LPA.

  • The candidates will benefit below if they select MBA Colleges in Indore.

    • Internationally accepted courses
    • Additional skill development
    • A scope of studying MBA within a very affordable price.
  • The fee structure of MBA Colleges in Indore is generally ranges between 1 - 15 LPA. It depends on the courses and the institutes selected by the candidates. It is always recommended to check the official website of the institutes to get all the information in detail.

  • The top 10 MBA Colleges in Indore are listed below:

    1. IIM Indore
    2. Symbiosis University of Applied Sciences
    3. Jaipuria Institute of Management Indore
    4. Medi Caps University
    5. Sri Vaishnav Institute of Management - Indore
    6. Institute of Business Management and Research
    7. ISBA Institute of Professional Studies Indore
    8. SAGE University
    9. Oriental University
    10. Ch Institute of Management and Commerce - Indore
  • The top recruiters of MBA Colleges in Indore are as follows:

    • Deloitte
    • CTS
    • TCS
    • Airtel
    • Amazon
    • Wipro
    • Bajaj
    • Muthoot
    • Make my Trip
    • Flipkart
    • GE Healthcare
    • Pwc

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