MBA Colleges in Indore
Saurav Anand
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August 24, 2022
Indore, known as Madhya Pradesh's heart of downtown and the state's education hub, provides greater corporate interface availability, making it an ideal place to study MBA. The Best MBA Colleges in Indore provide part-time, full-time, and distance MBA programs. There are more than 87 MBA colleges in Indore out of which 79 Private MBA Colleges in Indore and 7 Government MBA colleges in Indore. The best MBA Colleges in Indore are AICTE-approved and offer a variety of MBA specializations such as finance, marketing, human resource management, information technology, and so on. You can say PIMR Indore and IIM Indore are two of the Top 10 MBA Colleges in Indore. IIM Indore, IIPS Indore, SGSITS Indore, and Devi Ahilya Vishwavidyalaya Indore are among the Best MBA Government Colleges in Indore.
Admission to the MBA Colleges in Indore is based on the results of MBA entrance exams, which are followed by a GD/ PI round. NIRF 2021 ranks Indian Institute of Management - IIM Indore sixth among the Top MBA Colleges in India, and it is the Best MBA College in Indore. Top MBA Colleges in Indore accept scores from a variety of national or state-level entrance exams, including MAT, CAT, XAT, CMAT, ATMA, MPMET, NMAT, DAVV CET, SNAP, ACET, and others. Some of the MBA Colleges in Indore without entrance exams include Oriental University, SAGE University, and IIBS Indore. Top MBA Colleges in Indore with Fees structure range between INR 60,000 and 8.68 Lakhs. The MBA Colleges in Indore with low fees are VGI Indore, GSIMR Indore, and IIM Indore. IMS DAVV, IIM Indore, and PIMR Indore are among the Best MBA placement colleges in Indore. The average placement package provided by the Best MBA colleges in Indore ranges from INR 23 to 27 LPA.
Highlights MBA Colleges in Indore
| Parameters | Particulars/Statistics |
|---|---|
| No. of MBA colleges in Indore | Approximately 100 MBA colleges in Indore |
| Fees | -Annual Fees < Rs 1 lakh: 18% -Annual Fess Rs1-2 lakh: 43% |
| Top Specialisations | Finance, Sales and Marketing, HR, IT and Systems, Operations, International Business, Business Analytics |
| Admission Process | -Entrance Based: CMAT, CAT, MAT, XAT, ATMA, DAVV CET, NMAT, SNAP, etc. |
| Top MBA colleges in Indore | IIM Indore |
Top 10 MBA colleges in Indore
Indore is known as Madhya Pradesh's heart of downtown and the state's education hub. There are more than 87 MBA Colleges in Indore out of which 79 Private MBA Colleges in Indore and 7 Government MBA Colleges in Indore. Here is the list of Top 10 MBA Colleges in Indore along with their fees structure which is given below:
| College/ University Name | Average Annual Fees |
|---|---|
| Indian Institute of Management - [IIM], Indore | INR 8,50,711 |
| Prestige Institute of Management and Research - [PIMR], Indore | INR 1,19,500 |
| Institute of Business Management & Research - [IBMR], Indore | INR 1,15,000 |
| Prestige Institute of Engineering Management and Research - [PIEMR], Indore | INR 1,57,000 |
| Shri Vaishnav Institute of Management - [SVIM], Indore | INR 73,620 |
| CH Institute of Management & Commerce - [CHIMC], Indore | INR 58,000 |
| Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore | INR 2,77,000 |
| Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], Indore | INR 63,211 |
| International Institute of Professional Studies - [IIPS], Indore | INR 81,822 |
| BM College of Management and Research - [BMCMR], Indore | INR 55,000 |
MBA Colleges in Indore with Fee Structure
Here is the list of MBA Colleges in Indore with Fee Structures which is given below:
| College/ University Name | Average Annual Fees |
|---|---|
| Indian Institute of Management - [IIM], Indore | INR 8,50,711 |
| Prestige Institute of Management and Research - [PIMR], Indore | INR 1,19,500 |
| Jaipuria Institute of Management, Indore | INR 4,37,500 |
| Institute of Business Management & Research - [IBMR], Indore | INR 1,15,000 |
| Prestige Institute of Engineering Management and Research - [PIEMR], Indore | INR 1,57,000 |
| Shri Vaishnav Institute of Management - [SVIM], Indore | INR 73,620 |
| CH Institute of Management & Commerce - [CHIMC], Indore | INR 58,000 |
| Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore | INR 2,77,000 |
| Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], Indore | INR 63,211 |
| International Institute of Professional Studies - [IIPS], Indore | INR 81,822 |
MBA Colleges in Indore with low Fees
There are some MBA colleges in Indore that charge lower fees on average than many other top MBA colleges in India. Here is the list of MBA Colleges in Indore with low Fees which is given below:
| College/ University Name | Average Annual Fees |
|---|---|
| Vindhya Institute of Management & Research, Indore | INR 37,000 |
| Prestige Institute of Management and Research - [PIMR], Indore | INR 1,19,500 |
| Lakshmi Narain College of Technology & Science - [LNCTS], Indore | INR 35,000 |
| Prestige Institute of Engineering Management and Research - [PIEMR], Indore | INR 1,57,000 |
| Vindhya Institute of Technology & Science - [VITS], Indore | INR 37,000 |
| Lakshmi Narain College of Technology & Science - [LNCTS], Indore | INR 37,000 |
| Swastika Institute Of Higher Education and Technology - [SIHET], Indore | INR 35,400 |
| Dr. B. R. Ambedkar University of Social Sciences, Indore | INR 30,590 |
| Patel Group of Institution - [PGOI], Indore | INR 35,000 |
| Sushila Devi Bansal College, Indore | INR 30,000 |
Govt MBA Colleges in Indore
There are more than 87 MBA Colleges in Indore out of which 79 Private MBA Colleges in Indore and 7 Government MBA Colleges in Indore. The Government MBA Colleges in Indore provide excellent placement opportunities and a high return on investment (Return of Investment). The average annual fees for some of the Government MBA Colleges in Indore are listed below.
| College/ University Name | Average Annual Fees |
|---|---|
| International Institute of Professional Studies - [IIPS], Indore | INR 81,822 |
| Prestige Institute of Management and Research - [PIMR], Indore | INR 1,19,500 |
| Prestige Institute of Engineering Management and Research - [PIEMR], Indore | INR 1,57,000 |
| Shri Govindram Seksaria Institute of Technology and Science- [SGSITS], Indore | INR 1,18,015 |
| Dr. B. R. Ambedkar University of Social Sciences, Indore | INR 30,590 |
| Directorate of Distance Education, Devi Ahilya Vishwavidyalaya - [DDE DAVV], Indore | INR 27,750 |
| Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], Indore | INR 41,601 |
MBA colleges in Indore without Entrance Exam
Many Top MBA Colleges in Indore use national-level MBA entrance exams to select students, and some private colleges/universities conduct self-entry exams for students who wish to enroll. The candidate who did not gain admission to colleges for a specific course through entrance exams or examination scores. Top Private MBA Colleges in Indore have seats reserved for direct entry through management quota seats in interesting courses, and students must meet the government's eligibility criteria. Here is the list of MBA colleges in Indore without Entrance Exam which is given below:
- Symbiosis University of Applied Sciences
- Malwa Institute of Technology
- Sanghvi Institute of Management & Science
- Shri Govindram Seksaria Institute of Technology and Science
- Shri Vaishnav Institute of Technology & Science
- Indore Institute of Science & Technology
- Lakshmi Narain College of Technology and Science Indore
- Venkateshwara Institute of Technology
- Sanghvi Innovative Academy
- SAGE University
- Prestige Institute of Management
- Prestige Institute of Management and Research
- PMB Gujarati Commerce College
- Pioneer Institute of Professional Studies
Frequently Asked Question MBA Colleges in Indore
Q. Is Indore good for MBA?
Ans. MBA in Indore is a good option because there are more MBA options in Indore that provide high-quality education at a low cost and with a high return on investment. Apart from the top MBA colleges in Indore mentioned above, notable MBA colleges in Indore include Symbiosis University of Applied Sciences (SUAS), Jaipuria Institute of Management, and others.
Q. What are the fees for MBA in Indore?
Ans. Top MBA colleges in Indore with Fees structure range between INR 60,000 and 8.68 Lakhs.
Q. Which College is best for MBA in Indore Quora?
Ans. IIM Indore is the best for MBA in Indore Quora
Q. Are the MBA Colleges of Indore Approved by the authorities?
Ans. Almost all of Indore's MBA colleges have been approved and recognized by the UGC and other relevant authorities.
Q. What is the eligibility for an MBA program in MBA Colleges in Indore?
Ans. Candidates interested in pursuing an MBA should have completed their bachelor's degree in any discipline. The majority of MBA programs adhere to the minimum graduation score criteria of 50% on average or equivalent. The minimum percentage requirement for reserved category students is 45 percent in aggregate. Candidates in their final year of high school are also eligible to apply for an MBA program if they can show proof of completion within the time frame specified by the college.
Q. What are the various specialties available in MBA Colleges in Indore?
Ans. The top ten specialties offered by MBA institutions in Indore are as follows:
- Finance
- Human Resources
- Sales and Marketing
- IT and Systems
- Operations
- International Business
- Travel and Tourism Management
- Entrepreneurship
- Business Analytics
- Agriculture and Food Business
Q. Which is the finest MBA institution in Indore in terms of placements?
Ans. The top five MBA colleges in Indore in terms of placements are:
- Indore Institute of Management and Research, Indore
- IIM Indore
- Vikrant Group of Institutions, Indore
- Jaipuria Indore
- NMIMS University, Indore
Q. What career opportunities are available after earning an MBA?
Ans. Following completion of an MBA, organizations may offer the following career profiles:
- Finance Manager
- Marketing Manager
- Sales Manager
- Human Resources Manager
- Operations Manager
- Product Manager
- Data Analytics Manager
- Digital Marketing Manager
- Advertising Sales Manager
- NGO Manager
Q. How much does it cost to study MBA in Indore?
Ans. It is projected that taking an MBA in Indore is cost-effective, as 52% of the universities offer course/annual fees ranging between Rs 1-2 lakh. These are some of the colleges:
- Institute of Management Studies, Devi Ahilya Vishwavidyalaya
- International Institute of Professional Studies, Devi Ahilya Vishwavidhyalaya
- SAGE University
- Shri Vaishnav Vidyapeeth Vishwavidyalaya
- Medi-Caps University
- Indore Institute of Management and Research
- Renaissance University
- Devi Ahilya Vishwavidyalaya
- Shri Vaishnav Institute of Management
- Pioneer Institute of Professional Studies
Q. What are the most common examinations for obtaining an MBA in Indore?
Ans. CMAT, CAT, MAT, XAT, ATMA, DAVV CET, MPMET, NMAT, SNAP, ACET, and more tests are recognized in Indore for MBA admissions.
Q. Is IMS Indore good for MBA?
Ans. IMS DAVV is one of the best MBA Institutes in Madhya Pradesh as it provides MBAs in various streams like Finance Administration, Marketing Management, Human resources, e-commerce, Hospital Administration, and Disaster Management.