Top 10 MBA Colleges in Indore 2023: Cutoffs, Rank, Placements, Rank, Courses, Eligibility
By BYJU'S Exam Prep
Updated on: September 13th, 2023
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.
Table of content
- 1. MBA Colleges in Indore Highlights
- 2. Top MBA Colleges in Indore: NIRF Ranking 2022
- 3. Fees Structure of Top 10 MBA Colleges in Indore
- 4. Government MBA Colleges in Indore
- 5. MBA Colleges in Indore Eligibility Criteria
- 6. Specializations Offered by MBA Colleges in Indore
- 7. Best MBA Colleges in Indore Cutoff
- 8. ROI of Best MBA Colleges in Indore
- 9. Exams Accepted By MBA Colleges in Indore
- 10. MBA Colleges in Indore Top Recruiters
- 11. How Affordable is Studying in MBA Colleges in Indore?
- 12. Benefits of Studying MBA in MBA Colleges in Indore
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.
- DAVV CET
- XAT
- ATMA
- SNAP
- NMAT
- MH CET MBA
- MP MET
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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