Top MBA Colleges in Indore 2025: Placements, Fees & Admission
Top MBA Colleges In Indore 2025: Indore has approximately 130+ MBA colleges in total, along with around 100+ private and almost 6 government colleges for MBA. Most of the colleges consider entrance exams including CAT, MAT, XAT, CMAT, NMAT and MAH CET, while in some institutes students can get admission even without an entrance exam. Top management colleges in Indore will open admissions after these exams are done and students can apply for CAT 2025 before 13 September 2025.
Annual fee for the entire program in government colleges ranges from INR 60,000 to INR 2 lakh, while the private colleges charge INR 1.2 lakh to INR 13.5 lakh. Also, the best MBA colleges in Indore have a placement rate of 96-98% with top companies visiting and offering the highest salary packages to students.
Top MBA Colleges in Indore Latest Updates:
- CAT notification 2025 is live for students to get admission MBA/PGDM program released on the official website. The CAT exam 2025 is announced on November 30, 2025.
Top MBA Colleges in Indore Highlights 2025
|
Particulars |
Details |
|
Total MBA Colleges in Indore |
130+ (Approx.) |
|
Total Govt. Colleges |
6 (Approx.) |
|
Total Private Colleges |
100+ (Approx.) |
|
Accepted Exams |
CAT, XAT, MAT, CMAT, SNAP, MP MET, etc. |
|
Average Fees |
1 Lakh – 5 Lakhs INR |
|
Top Specializations |
Finance, Marketing, HR, Analytics, Operations, etc. |
|
Eligibility |
50% (45% for reserved category) in a bachelor's degree |
|
Average Placement Package |
4 – 24 LPA INR |
|
Best Ranked Colleges (NIRF 2024) |
Indian Institute of Management Indore |
Top MBA Colleges in Indore NIRF Ranking
Among the Best MBA colleges in Indore, IIM Indore is the only one that has appeared on the NIRF Management rankings for the past three years. The institute is ranked on several criteria, like teaching, research, learning resources, and more.
|
College Name |
NIRF Rank 2025 |
NIRF Rank 2024 |
NIRF Rank 2023 |
|
Indian Institute of Management Indore |
8 |
8 |
8 |
Top MBA Colleges in Indore Eligibility Criteria
The eligibility criteria to take admission to the top MBA colleges in Indore play an important role so that the deserving candidates can pursue their MBA degree from top colleges. Some of these criteria for admission to the top MBA colleges in Indore are mentioned below in a table:
- Candidates must have completed a bachelor's degree in a relevant program from a recognized university.
- Students have to score at least 50% (45% for the reserved categories) aggregate marks in their bachelor's to be eligible for admission to the top MBA colleges of Indore.
- Most of the colleges also require a good score in any national-level entrance exam such as CAT, MAT, XAT, CMAT, etc., while some colleges also offer direct admission to their students.
Top MBA Colleges in Indore Admissions 2025
Candidates who are seeking admission in the best MBA colleges in Indore must follow the steps given below to complete their admission process.
Step 1: Candidates seeking admission in MBA colleges in Indore should appear for entrance exams such as CAT, XAT, GMAT, SNAP, or MP MET.
Step 2: Once they have appeared in the exam, they must fill out an application form. Additionally, some colleges like IMS DAVV Indore have their specific application procedures.
Step 3: Candidates who meet the eligibility criteria and qualify in the entrance exam will be shortlisted for the stages of the admission process.
Step 4: After qualifying for the entrance exam, candidates need to appear for the GD and PI rounds.
Step 5: Finally, candidates are chosen on the basis of entrance exam scores, how they perform during the Group Discussion and Personal Interview, and their academic record.
Top MBA Colleges in Indore Specializations
Below is a list of some of the best MBA colleges in Indore and the specializations that they provide in different areas. For example, IIM Indore offers specializations in Finance, Marketing, Human Resources, Operations, and Strategy.
|
College Name |
Specializations Provided |
|
Indian Institute of Management (IIM) Indore |
Finance, Marketing, Human Resources, Operations, and Strategy |
|
Prestige Institute of Management and Research (PIMR) Indore |
Marketing, Finance, Human Resources, International Business, and Business Analytics |
|
Institute of Management Studies (IMS), Devi Ahilya Vishwavidyalaya (DAVV) |
Finance, Marketing, Human Resources, and Operations Management |
|
Jaipuria Institute of Management, Indore |
Marketing, Finance, Human Resources, and Business Analytics |
|
IPS Academy, Institute of Business Management and Research |
Finance, Marketing, Human Resources, and Operations |
|
Shri Vaishnav Institute of Management |
Finance, Marketing, Human Resources, and Operations |
|
Govindram Seksaria Institute of Management and Research |
Finance, Marketing, and Human Resources |
|
Acropolis Institute of Technology and Research |
Marketing, Finance, and Human Resources. |
|
Renaissance University |
Marketing, Finance, Human Resources, and Operations |
|
Lal Bahadur Shastri Institute of Technology and Management |
Finance, Marketing, and Human Resources |
Top MBA Colleges in Indore Entrance Exam 2025
Top MBA colleges in Indore accept national-level entrance exams like CAT, XAT, NMAT, CMAT, and MAT. Additionally, there is a state-level entrance exam for MBA programs in Indore known as the MPMET (Madhya Pradesh Management Entrance Test). Moreover, candidates can use their entrance exam scores to get admission into an MBA program of their choice in Indore.
Top MBA Colleges in Indore Exam Schedule 2025
|
Exam Name |
Registration Dates |
Admit Card Release Date |
Exam Date(s) |
Result Date |
|
CAT 2025 |
1 Aug–13 Sep 2025 |
5 Nov 2025 |
30 Nov 2025 |
Jan 2026 (1st week)* |
|
XAT 2026 |
10 July–5 Dec 2025 |
20 Dec 2025 |
4 Jan 2026 |
Jan 2026 (3rd week)* |
|
NMAT 2025 |
10 Oct 2025* |
28 Oct 2025* |
5 Nov–19 Dec 2025 (window) |
Within 2 weeks of the exam (Expected) |
|
CMAT 2026 |
Nov–Dec 2025* |
Jan 2026* |
Jan 2026* |
Feb 2026* |
|
SNAP 2025 |
20 Nov 2025 |
28 Nov & 8, 15 Dec 2025 |
6, 14, 20 Dec 2025 |
9 Jan 2026 |
|
ATMA 2025 |
24 August 2025 |
28 August 2025 |
30 August 2025 |
4 September 2025 |
|
MP MET 2026 |
Oct 2025 - March 2026* |
Phase 1- April 2026* Phase 2- May 2026* |
Phase 1- April 2026* Phase 2- May 2026* |
June 2026* |
Top MBA Colleges Accepting CAT Scores in Indore
MBA colleges in Indore are a good choice for candidates seeking admissions as it has a strong job market and a thriving industrial base, especially in domains such as manufacturing, IT, and finance, which provides ample opportunities for MBA graduates. Given below is a list of top MBA colleges that accept CAT exam scores.
|
College Name |
Type |
CAT Cutoff (Percentile) |
|
IIM Indore |
Government |
90+ |
|
Jaipuria Institute of Management |
Private |
50 or above |
|
Shri Vaishnav Vidyapeeth Vishwavidyalaya |
Private |
75 |
|
Prestige University |
Private |
50+ higher |
|
Symbiosis University of Applied Sciences |
Private |
Doesn’t Specify |
|
Institute of Management Studies, DAVV |
Government |
85-90 |
|
Shri Atal Bihari Vajpai Govt Arts and Commerce College |
Government |
75-80 |
Top Private MBA Colleges in Indore
There are a total of 89 private MBA colleges in Indore, and they offer different kinds of specializations such as Finance, Human Resources, Marketing, International Business, Operations Management, and Information Technology. Below is a list of the top private colleges in Indore:
|
College Name |
Fee Structure (Approx) |
Entrance Exams Accepted |
|
Jaipuria Institute of Management, Indore |
INR 10 to 11 lakhs |
CAT, MAT, XAT, GMAT, and CMAT. |
|
Prestige Institute of Management and Research (PIMR), Indore |
INR 2 to 3 lakhs |
CMAT |
|
Institute of Management Studies, Devi Ahilya Vishwavidyalaya (IMS-DAVV), Indore |
INR 1.22 to 1.27 lakhs |
CMAT, CUET-PG, CAT, MAT, XAT, and ATMA |
|
Narsee Monjee Institute of Management Studies (NMIMS), Indore |
INR 14 to 18 lakhs |
NMAT |
|
Renaissance University, Indore |
INR 1.5 lakhs to 5.78 lakhs |
CAT, XAT, MAT, and CMAT |
|
SAGE University, Indore |
INR 1.5 lakhs to 10 lakhs |
CAT, CMAT, MAT, and XAT |
|
SHRI Vaishnav Vidyapeeth Vishwavidyalaya |
INR 2 lakhs |
CAT, MAT, XAT, CMAT, ATMA, and the university's own SVET exam |
|
Sanghvi Institute of Management and Science |
INR 90,000 |
CAT, MAT, CMAT, and XAT |
|
Acropolis Institute of Technology and Research |
INR 69,000 to 1.39 lakhs |
CMAT, XAT, CAT, MAT, and GMAT |
|
IPS Academy, Institute of Business Management and Research |
INR 2.30 lakhs |
CMAT |
Top Government MBA Colleges in Indore
There are over 6 MBA colleges in Indore offering affordable management education, especially for those students who are looking for cheap and affordable education. Here is the list of the top six government MBA colleges in Indore:
|
College Name |
Fee Structure (Approx) |
Exams Accepted |
|
Devi Ahilya Vishwavidyalaya (DAVV) |
INR 30,000 to 3.5 lakhs |
CMAT, CUET-PG, and DAVV CET. |
|
Shri Atal Bihari Vajpayee Government Arts and Commerce College |
INR 1.2 lakhs |
CAT, MAT, or CMAT. |
|
Mata Jijabai Govt. PG Girls College |
INR 2,320 to 33,000 |
They don’t mention a specific test that they accept |
|
Devi Ahilya Vishwavidyalaya Takshashila Campus |
INR 1.6 lakhs to 5.21 lakhs |
CMAT, CUET-PG, CAT |
|
Dr. B. R. Ambedkar University of Social Sciences |
INR 57,080 |
CAT, MAT, XAT, CMAT, NMAT. Additionally, the university conducts its entrance exam. |
|
Shri Vaishnav Vidyapeeth Vishwavidyalaya |
INR 1.49 lakh |
CAT, MAT, XAT, ATMA, CMAT, and the university's own SVET (Shri Vaishnav Entrance Test) |
Top Distance MBA Colleges in Indore
Candidates prefer to get admission in distance education as it offers several benefits, such as being cost-effective, flexible, and pursuing higher education without the constraints of a traditional classroom setting.
|
College Name |
Fee Structure (Approx) |
|
DAVV (Devi Ahilya Vishwavidyalaya) |
INR 1.6 lakhs to 5 lakhs |
|
Symbiosis Centre for Distance Learning, Indore |
INR 60,000 |
|
Institute of Management Technology- Center for Distance Learning (IMT CDL |
INR 1,60,000 |
|
NMIMS Distance Education, Indore |
INR 18,00,000 |
|
Radiant Institute Of Management and Science |
INR 1.38 lakhs |
Top Integrated MBA Colleges in Indore
An integrated BBA and MBA program is a combined five-year program that allows candidates to get a solid foundation in business and management principles. This helps prepare graduates for leadership roles in different industries. Below is a list of the top integrated MBA colleges in Indore:
|
College Name |
Fee Structure Approx |
|
Indian Institute of Management (IIM) Indore |
INR 35 lakhs |
|
Prestige University |
INR 12.5 lakhs |
|
IPS Academy, Institute of Business Management and Research |
INR 2.30 lakhs |
|
Shri Vaishnav Vidyapeeth Vishwavidyalaya |
INR 1.49 lakhs |
|
Symbiosis University of Applied Sciences |
INR 13.75 lakhs |
|
Sanghvi Institute of Management and Science – SIMS |
INR 3.6 Lakhs |
Top MBA Colleges in Indore Fee Structure 2025
The fee structure of top MBA colleges in Indore varies between government and private institutions. On the one hand, the fee range of government colleges is INR 60,000 to 3.5 lakhs. Likewise, the fee range for private colleges in INR 60,000 to INR 13.5 Lakhs. Below are the top 10 MBA colleges in Indore with their fee structure:
|
College Name |
Type |
Fee Structure |
|
Institute of Management Studies, Devi Ahilya Vishwavidyalaya |
Government |
INR 1.22 to 1.27 lakhs |
|
International Institute of Professional Studies (IIPS) DAVV |
Government |
INR 1.98 lakh |
|
School of Economics, DAVV |
Government |
INR 2.02 lakhs |
|
Shri Atal Bihari Vajpayee Govt Arts and Commerce College |
Government |
INR 83,202 |
|
Indore School of Social Work |
Government |
INR 4 lakhs approx |
|
Jaipuria Institute of Management |
Private |
INR 1 to 15 lakhs |
|
Prestige Institute of Management and Research (PIMR) |
Private |
INR 3.18 lakhs |
|
IPS Academy Institute of Business Management and Research |
Private |
INR 2.30 lakhs |
|
MEDICAPS University |
Private |
INR 3.2 lakhs to 5.6 lakhs |
|
Arihant Education Group |
Private |
INR 80,000 to 1.3 lakhs |
MBA Colleges in Indore with Low Fees
There are more than 130 colleges in Indore and some of them offer MBA courses at an affordable cost. Students who are looking for MBA colleges in Indore with low fees can see the list of MBA colleges offering quality MBA programs at low fees:
|
College Name |
Type |
Fees |
|
Devi Ahilya Vishwavidyalaya (DAVV), Indore |
Government |
INR 61,000 to 3 lakhs |
|
Shri Atal Bihari Vajpayee Government Arts and Commerce College |
Government |
INR 83,000 |
|
Institute of Management Studies (IMS), DAVV, Indore: |
Government |
INR 1.22 to 1.27 lakhs |
|
Dr. B.R. Ambedkar University of Social Sciences, Indore |
Government |
INR 57,000 |
|
Shri Govindram Seksaria Institute of Technology and Science (SGSITS) |
Government |
INR 2.68 lakhs |
|
Prestige Institute of Management and Research (PIMR), Indore: |
Private |
INR 2.36 lakhs |
|
Jaipuria Institute of Management, Indore |
Private |
INR 11 lakhs |
|
Shri Vaishnav Institute of Management, Indore |
Private |
INR 1.2 to 1.72 lakhs |
|
Medi-Caps University, Indore |
Private |
INR 2.6 to 5 lakhs |
|
Lal Bahadur Shastri Institute of Technology and Management (LBSITM), Indore |
Private |
INR 61,000 |
Top MBA Colleges in Indore Placements
Placements for MBA graduates from Indore are important as they improve their career prospects, get higher salary packages, and help candidates get a wider range of job opportunities. Here is a table showcasing the top MBA colleges in Indore with top recruiters list
|
College Name |
Type |
Top Recruiters |
|
Indian Institute of Management (IIM) Indore |
Government |
Accenture Strategy, Bain & Company, Boston Consulting Group, Deloitte, and McKinsey & Company |
|
Prestige Institute of Management and Research (PIMR) |
Private |
TCS, EY, Infosys, ICICI Bank, Deloitte, S&P Global, Asian Paints, Birla Opus Paint, Jaro Education, Nykaa Fashion, Reliance Fashion & Retail, Aditya Birla Fashion, ITC, ICICI, and HDFC Life |
|
Institute of Management Studies (IMS) - DAVV |
Government |
Deloitte, Aditya Birla Group, Nestle, Reliance, ICICI Bank, and HCL |
|
Medi-Caps University |
Private |
Amazon, Google, Goldman Sachs, TCS, Capgemini, Deloitte, and Mahindra |
|
Jaipuria Institute of Management |
Private |
Deloitte, HDFC Bank, Asian Paints, Genpact, and BNY Mellon |
Top MBA Colleges in Indore Salary
Students who are pursuing an MBA can expect a wide range of salaries once they complete their MBA. The average salary of the MBA graduates in India is based on factors such as the business school ranking, the specialization chosen, and prior work experience. Moreover, salaries will range the graduates' salaries will range from INR 6,00,000 to INR 23,00,000.
|
College Name |
Type |
Average Salary |
Highest Salary |
|
IIM Indore (Indian Institute of Management Indore) |
Government |
INR 25 LPA |
INR 1 CPA |
|
IMS DAVV (Institute of Management Studies, Devi Ahilya Vishwavidyalaya) |
Government |
INR 5 to 6 LPA |
INR 18.5 LPA |
|
PIMR (Prestige Institute of Management and Research) |
Private |
INR 5 to 6 LPA |
INR 29 LPA |
|
GSIMR (Govindram Seksaria Institute of Management and Research) |
Private |
INR 4 to 5.5 LPA |
INR 10 LPA |
|
IPS Academy Institute of Business Management and Research |
Private |
INR 7.41 LPA |
INR 21.70 LPA |
|
Shri Vaishnav Institute of Management |
Private |
INR 6 LPA |
INR 10 LPA |
List of Top MBA Colleges
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List of Top MBA Colleges |
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