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MBA Colleges in Indore with Fee Structure

Saurav Anand | September 10, 2022

Here is the list of MBA Colleges in Indore with Fee Structures which is given below:

College/ University NameAverage Annual Fees
Indian Institute of Management - [IIM], IndoreINR 8,50,711
Prestige Institute of Management and Research - [PIMR], IndoreINR 1,19,500
Jaipuria Institute of Management, IndoreINR 4,37,500
Institute of Business Management & Research - [IBMR], IndoreINR 1,15,000
Prestige Institute of Engineering Management and Research - [PIEMR], IndoreINR 1,57,000
Shri Vaishnav Institute of Management - [SVIM], IndoreINR 73,620
CH Institute of Management & Commerce - [CHIMC], IndoreINR 58,000
Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], IndoreINR 2,77,000
Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], IndoreINR 63,211
International Institute of Professional Studies - [IIPS], IndoreINR 81,822

Frequently Asked Questions:

Q1.  Is Indore a good city to study MBA / PGDM courses?

Ans. Yes, a candidate can study MBA at Indore as there are 4 to 5 good colleges for MBA in Indore.  The top MBA college all over India which is IIM also has one of its branches in Indore.  Other than that, there are many other colleges such as the Institute of Management Studies, and Devi Ahilya University. 

Q2. What is the rank of IIM Indore all over India? 

Ans. IIM Indore has been ranked 6th by NIRF Website.

Q3. Which college in Indore provides Human Resource specialization in MBA Courses?

Ans. There are only 2 colleges in Indore which provide Human Resource specialization in MBA, they are- the Institute of Management Studies Devi Ahilya University and Prestige Institute of Management and research.

Q4. What is the fee for an MBA course at IIM Indore?

Ans. Approximately, the fees at IIM Indore for an MBA course are Rs. 19.40 Lakhs. 

Q5. What is the average placement package at Prestige institute of management?

Ans. The average placement package at Prestige institute of management is Rs. 6 Lakhs. 

Q6. Does Narsee Monjee Institute of management studies have a branch in Indore?

Ans. Yes, Narsee Monjee Institute of Management Studies has a branch in Indore and is one of the lists of colleges for MBA in Indore. 

Q7. Which specialization is most famous in an MBA course?

Ans. General Management is the most famous specialization course in MBA.

Q8. Does IIM Indore accept CAT results?

Ans. Yes, IIM Indore considers the results of CAT for their post-graduation program. 

Q9. What are the fees of Narsee Monjee Institute of Management Studies in Indore?

Ans. Approximately, the fees at Narsee Monjee Institute of Management Studies are Rs. 14.50 Lakhs. 

Q10. What is the placement rating of the Institute of Business Management and Research, IPS academy?

Ans. 3.8 is the placement rating of the Institute of Business Management and Research IPS academy. 

Q11. What is the trend seen in the highest salary package offered at IIM Indore for MBA?

Ans. For the flagship MBA (or PGP) program, the institute witnessed an 18% increment in the highest salary this year (2022) at INR 49 LPA.

Q12. What is the seat intake for PGP at IIM Indore?

Ans. The total seat intake for the IIM Indore PGP program is not available officially. However, as per the past official information available, the intake was 450.

Q13. Can I get into the IIM Indore PGP program without CAT?

Ans. No, IIMs offer admission to their PGP program only on the basis of a valid score obtained by the students in the CAT exam. Additionally, students having an overall of 95 percentile and above in CAT are generally offered admission here. There is no other mode of admission for IIMs (including IIM Indore).

Q14. What is the total fee for IIM Indore PGP and PGP HRM program?

Ans. The total fee for PGP HRM and PGP is INR 17.88 lakh and INR 20.63 lakh, respectively. This must be paid in six installments (term-wise) to the college.

Q15. Which is the best MBA College in Indore?

Ans. Indian Institute of Management, Indore has been ranked the best by many ranking agencies.

Q16. How many MBA colleges are there in Indore?

Ans. There are 81 MBA colleges in Indore out of which 72 are private and 9 are public.

Q17. Which MBA college in Indore offers the best salary?

Ans. IIM Indore offers an average package of INR 22,92,000.

Q18. Is Indore good for MBA?

Ans. Yes, Indore is one of the best locations in Madhya Pradesh for an MBA. Also, Indore is an Education center for students in Madhya Pradesh. The top IIM colleges in India have their branch in Indore and IIM Indore is ranked 6th among the best MBA colleges in India by NIRF Ranking 2021.

Q19. Is symbiosis Indore good for MBA?

Ans. Yes, Symbiosis Indore is good for MBA. Symbiosis Indore is one of the best private MBA colleges in Indore. Symbiosis Indore offers a high placement package with an average high ROI (Return of Investment), the average package offered to the students is around INR 6.5 Lakhs per year.

Q20. How can I study MBA without fees?

Ans. Yes, there are some scholarships available for financially weak students which offer merit-based and based on entrance scores. However, the average MBA fees for most of the top MBA colleges in India are quite high and range between INR 5 - 23 Lakhs per year.

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