The most prestigious MBA institutions in Indore provide full-time MBA as well as part-time and distance MBA. Indore the education hub within Madhya Pradesh is home to many prestigious and elite MBA institutions in India. The city has 79 privately-owned colleges and seven MBA public colleges in Indore. The top MBA institutions in Indore are accredited by AICTE and offer a course with a range of MBA specializations like Marketing, Finance, HRM, IT, etc. IIM Indore and PIMR Indore are as among the best 10 MBA institutions in Indore.
Ans. Top MBA colleges in Indore
IMS-Devi Ahilya Vishwavidyalaya, Indore. School of Commerce-Devi Ahilya Vishwavidyalaya, Indore. SUAS Indore. Jaipuria Institute of Management, Indore.
Ans. Eligibility: Graduation in any stream with min 50% marks ( 5% relaxation to SC/ST of MP and to Physically Challenged) Entrance exam: DAVV CET.
DAVV Indore offers MBA to students affiliated with the Institute of Management Studies, School of Commerce, International Institute of Professional Studies, and International Institute of Professional Studies. Other important details about DAVV MBA Admission 2021 are as follows:
MBA Specialisations | Seat Intake | Offered By |
---|---|---|
ECommerce | 60 | Institute of Management Studies (IMS) |
Financial Administration | 120 | Institute of Management Studies (IMS) |
Human Resource | 120 | Institute of Management Studies (IMS) |
Marketing Management | 120 | Institute of Management Studies (IMS) |
Hospital Administration | 60 | Institute of Management Studies (IMS) |
Disaster Management | 60 | Institute of Management Studies (IMS) |
Advertising & Public Relations | 40 | International Institute of Professional Studies (IIPS) |
Entrepreneurship | 40 | International Institute of Professional Studies (IIPS) |
Tourism | 40 | International Institute of Professional Studies (IIPS) |
Foreign Trade | 60 | School of Commerce |
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 |
Ans. Indore MBA/PGDM Colleges List (Course Fees)
Some MBA colleges in Indore are relatively pricey, while others are reasonably priced. MBA is an expensive education in India, yet students choose it since the income packages after graduation are fairly excellent if you attend one of the reputable universities.
In general, the costs are determined by the facilities and privileges supplied by the college. Aside from that, it is chosen how much effort they put into delivering education to kids. We have included all of the top MBA institutions in Indore, along with their tuition rates, below.
Name of the College | Fees |
---|---|
Indian Institute of Management | Rs. 5.50 lakhs – 21 Lakhs p.a. (Approx.) |
Institute of Business Management and Research, IPS academy | Rs. 1.04 lakhs – 1.71 Lakhs p.a. (Approx.) |
Institute of Management Studies Devi Ahilya University | Rs. 1.20 lakhs – 2.96 Lakhs p.a. (Approx.) |
Jaipuria Institute of Management | Rs. 7.25 Lakhs p.a. (Approx.) |
Prestige Institute of Management and research | Rs. 0.60 - 4.59 Lakhs p.a. (Approx.) |
Sanghvi Institute of Management and Science | Rs. 1.30 lakhs – 4.20 Lakhs p.a. (Approx.) |
Narsee Monjee Institute of Management Studies | Rs. 7.54 lakhs – 14.50 Lakhs p.a. (Approx.) |
As mentioned earlier, MBA/PGDM courses provide great placement opportunities. Most students go for an MBA Course because of the salary they will receive through it. Many good and top colleges invite top companies for recruiting their students. The minimum package even of an average college would be 3 Lakhs. The highest package can even go till 60 Lakhs per annum.
Below we have mentioned all the List of MBA colleges of Indore and their placement opportunities.
Name of the College | Placement Packages (Median Package) | Top Recruiters |
---|---|---|
Indian Institute of Management | Rs. 19.40 Lakhs p.a. (Approx.) | The Boston Consulting Group, PwC, Goldman Sachs, JP Morgan Chase & Co., American Express, HUL, Asian Paints, Google, Amazon, and ITC. |
Institute of Business Management and Research, IPS academy | Rs. 4.65 Lakhs p.a. (Approx.) | Blue Dart, Cease Fire, HDFC Bank, Future Group, ICICI Bank, Justdial. |
Institute of Management Studies Devi Ahilya University | Rs. 4.00 Lakhs p.a. (Approx.) | Deloitte, ACC, Aditya Birla Group, ICICI, Mahindra, Nestle, ITC, Dainik Bhaskar, and Reliance Mobile. |
Jaipuria Institute of Management | Rs. 5.30 Lakhs p.a. (Approx.) | Amazon, Deloitte, HDFC Bank, Colgate, Palmolive, E&Y, Genpact, ITC, Asian Paints, Philips, Landmark, Force Motors, Reckitt Benckiser, GSK, Mahindra, and Mahindra, Zomato, |
Prestige Institute of Management and Research | Rs. 4.00 Lakhs p.a. (Approx.) | Asian Paints, Axis Bank, Berger Paints, Coca-Cola, Deloitte, Genpact, HDFC Bank |
Sanghvi Institute of Management and Science | Rs. 4.80 Lakhs p.a. (Approx.) | Aegon Religare, Angel Broking, Axis Bank, ICICI, Jet Airways, Just Dial, Kotak Securities, Mphasis, NIIT, Reliance Digital, Shoppers Stop, TVS Group |
Narsee Monjee Institute of Management studies | Rs. 17.79 Lakhs p.a. (Approx.) | TCS, Microsoft, ICICI Bank, Newgen and Eduonix, Federal Bank, ICICI Bank, RedDot entertainment. |
Entrance exams matter a lot for all the MBA colleges in India. There are many national level exams, state-level exams and institution-based exams which are accepted by MBA Colleges. Some famous exams are CAT, MAT, XAT, and CMAT.
Below we have mentioned all the top MBA colleges in Indore and the exams accepted by them.
Name of the Colleges | Entrance exam |
---|---|
Indian Institute of Management | IPMAT, CAT, GMAT (Further they also conduct written aptitude test {WAT} and research aptitude test {RAT}) |
Institute of Business Management and Research, IPS academy | CMAT, ATMA, CAT, XAT, MAT |
Institute of Management Studies Devi Ahilya University | CMAT |
Jaipuria Institute of Management | CMAT, CAT, XAT, MAT, ATMA |
Prestige Institute of Management and research | CMAT |
Sanghvi Institute of Management and Science | CMAT |
Narsee Monjee Institute of Management Studies | NMIMS - NPAT |
Popular specializations for MBA/PGDM and top MBA colleges in Indore offering them
As mentioned earlier, in MBA/PGDM courses further in the 2nd year, students can also do specializations in various areas.
We have mentioned the top 3 famous specialization areas in MBA course and top MBA colleges in Indore offering them: –
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 |
Name of the Institute |
---|
Indian Institute of Management, Indore (IIM Indore) |
NMIMS University |
Jaipuria Institute of Management, Indore |
Prestige Institute of Management and Research |
Devi Ahilya Vishwavidyalaya (DAVV) |
Symbiosis University of Applied Sciences |
Indore Institute of Management and Research |
Amity Global Business School |
SAGE University |
Institute of Business Management and Research (IBMR IPS) |
CAT | IIM Indore – Indian Institute of Management Medi-Caps University SUAS Indore – Symbiosis University of Applied Sciences Jaipuria Institute of Management Lal Bahadur Shastri Institute of Technology and Management Pioneer Institute of Professional Studies Indore Indira Business School – IIBS Indore Shri Vaishnav Institute of Technology and Science Prestige Institute of Engineering Management and Research International School of Business Administration Vikrant Institute of Business Management Lakshmi Narain College of Technology Rishiraj Institute of Technology Girnar Business School Oxford College of Management Sapient Institute of Management Studies |
---|---|
XAT | Symbiosis University of Applied Sciences Sanghvi Institute of Management and Science – SIMS Indore Indira Business School Jaipuria Indore – Jaipuria Institute of Management Shri Vaishnav Vidyapeeth Vishwavidyalaya Lal Bahadur Shastri Institute of Technology and Management Pioneer Institute of Professional Studies Vikrant Group of Institutions Prestige Institute of Engineering Management and Research The Sunstone Edge – SAGE Campus |
NMAT | NMIMS University TimesPro Lal Bahadur Shastri Institute of Technology and Management |
GMAT | SIMS – Sanghvi Institute of Management and Science Indore Indira Business School Vikrant Group of Institutions The Sunstone Edge at SAGE Campus Prestige Institute of Engineering Management and Research |
MAT | Symbiosis University of Applied Sciences SIMS – Sanghvi Institute of Management and Science Indore Indira Business School Jaipuria Indore – Jaipuria Institute of Management Shri Vaishnav Vidyapeeth Vishwavidyalaya Lal Bahadur Shastri Institute of Technology and Management Pioneer Institute of Professional Studies Vikrant Group of Institutions The Sunstone Edge at SAGE Campus CH Institute of Management and Commerce |
Refer to the table below to know some of the top private MBA colleges in Indore:
Name of the Institute | Course Fee (in Rs) |
---|---|
NMIMS University, Indore | 13.82 L – 14.54 L |
Jaipuria Institute of Management, Indore | 7.75 L |
Prestige Institute of Management and Research | 2.38 L |
Symbiosis University of Applied Sciences | 11.3 L |
Medi-Caps University | 1.75 L |
Name of the Institute | Course Fee (in Rs) |
---|---|
Devi Ahilya Vishwavidyalaya (DAVV) | 60.42 K |
IIM Indore | 15.01 L – 26 L |
Dr. BR Ambedkar University of Social Sciences | 61.95 K |
DAVV, Takshashila Campus | 94.42 K – 4.61 L |
List of Top 5 MBA colleges in Indore offer quality education with high placements. MBA in Indore is a good choice since you have good options in Indore with quality education at a low fee, high return on investment (ROI). Refer to the table below to know the best MBA colleges in Indore with the average annual fee and average placement package:
Name of the Institute | Course fee (in Rs) | Average Placement Package (in Rs) |
---|---|---|
Indore Institute of Management and Research | 1.22 L | 3.5 LPA |
IIM Indore | 15.01 L – 26 L | 19.4 LPA – 22 LPA |
NMIMS University, Indore | 13.82 L – 14.54 L | 6.5 LPA – 7.5 LPA |
Indore Indira Business School | 3.6 L | 2 LPA |
Symbiosis University of Applied Sciences | 11.3 L | 4.6 LPA |
Indore, one of Madhya Pradesh’s most important cities, is a hub of education and learning. Indore is an excellent choice for those seeking management education in a culturally diverse setting. The city has a lot of greenery and historic buildings.
The city boasts significant heritage buildings and greenery. Indore is considered one of the emerging educational hubs in India. This article will give you more information on the list of Top MBA colleges in Indore with fee structure
Name of the Institute | Entrance Exams Accepted | Fees |
---|---|---|
Prestige University | CMAT CAT | ₹ 11 L |
Jaipuria Indore – Jaipuria Institute of Management | CMAT MAT | ₹ 8.75 L |
IIM Indore – Indian Institute of Management | CAT IPMAT | ₹ 16.61 L – 28.64 L |
DAVV – Devi Ahilya Vishwavidyalaya | DAVV CET | ₹ 52.5 K |
Devi Ahilya Vishwavidyalaya, Takshashila Campus | CMAT DAVV CET | ₹ 84.5 K – 4.34 L |
Dr. B.R. Ambedkar University of Social Sciences | Not Prescribed | ₹ 61.95 K |
Amity Global Business School | Not Prescribed | ₹ 4.5 L |
SAGE University | Not Prescribed | ₹ 1.2 L – 3.44 L |
Prestige Institute of Management and Research | CMAT | ₹ 2.38 L |
Prestige Institute of Engineering Management and Research | CMAT MAT | ₹ 3.14 L |
Among the many top MBA colleges in Indore are IIM Indore and IMS-Devi Ahilya University. MBA in Indore is a good option because there are more MBA options in Indore with quality education at a low cost and 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.
The greater corporate interface is available in MBA colleges in Indore, which is known as the commercial capital of Madhya Pradesh and has the unique status of being the state’s education hub.
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. Candidates who did not gain admission to colleges for specific courses through entrance exams or examination scores.
Top Private MBA colleges/universities in Indore have seats reserved for direct entry through management quota seats in interested courses, and students must meet the government’s eligibility criteria.
Get a list of the top MBA colleges in Indore that offer direct admission with or without donation fees.
Placements at MBA colleges in Indore have been on the rise in recent years. IIM Indore and Jaipuria Institute of Management in Indore have a good placement record over the years:
Name of the MBA college in Indore | Average Placement package (Rs.in lakhs) | Highest Placement salary (Rs.in lakhs) |
---|---|---|
IIM Indore | 20.79 | 40.5 |
Jaipuria Institute of Management Indore | 6+ | 17.65 |
IMS-Devi Ahilya University, Indore | 3.5 | 6.5 |
Amity Global Business School, Indore | 2.46 | 5 |
Indore is also known as the “cleanest city in India,” and it is home to more than 87 of India’s best MBA colleges. Below are the Top 10 MBA colleges in Indore with average annual fees structure:
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 |
The colleges and universities are judged and ranked on parameters like the Perception of the university, Faculty Quality, Student-Teacher Ratio, Placements, etc. Rankings of Top MBA Colleges in India are released every year by various ranking agencies like NIRF, Outlook, India Today, etc.
NIRF or National Institutional Ranking Framework is the national ranking agency of India run by the Ministry of HRD. NIRF ranks colleges and universities based on the following parameters:
The table below lists the top MBA colleges in Indore ranked by NIRF 2021 ranking in the management list.
College Name | Fees (INR) |
---|---|
Annamalai University | 26,000 |
University of Madras | 20,000 |
Alagappa University | 25,000 |
Tamil Nadu Open University | 20,100 |
Anna University | 60,000 |
Bharathiar University | 20,000 |
Indian Institute of Management (IIM), Indore is the only MBA College in Indore that has been ranked in the NIRF 2021 Ranking list of top 75 MBA colleges in India.
The Economic Times is an English Language Indian newspaper headquartered in Mumbai and is owned by the Times Group. Economic Times releases a list of top colleges in India every year.
India Today is a weekly Indian English Language news magazine published by Living Media India Limited. Every year, India Today releases a list of Top MBA colleges in India on the basis of parameters like:
The table below lists the details of IIM Indore, which again was the only institute ranked by the agency from Indore among the best colleges in India.
College Name | India Today Rank 2019 | India Today Rank 2018 | Change | Average Annual Fee |
---|---|---|---|---|
IIM Indore | 4 | 7 | 3 | INR 8,00,000 |
These rankings undoubtedly prove that IIM Indore is the best MBA College in Indore. Any how, the name tag of an IIM is itself enough to boost your career in management sector.
Tabulated below are some of the best MBA colleges in Indore along with their fees structure.
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 |
There are some MBA colleges in Indore that offer MBA courses with average lower fees than many other top MBA colleges in India. Listed below are the Best MBA colleges in Indore with low Fees:
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 |
The best MBA government colleges in Indore offer high placement opportunities and ROI (Return of Investment). Some of the best Government MBA colleges in Indore are tabulated below with average annual fees:
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 |
Return on Investment (ROI) is the count of the profitability of a college in terms of placements and fees. It is one such factor that must be kept in mind while deciding a college. Given below is a list of top MBA colleges in Indore ROI wise.
College Name | Average Annual Fee | Average Placement Package | ROI Rank* |
---|---|---|---|
IMS Devi Ahilya Vishwavidyalaya | INR 60,000 | INR 3,50,000 | 1 |
Amity Global Business School, Indore | INR 1,20,000 | INR 4,00,000 | 2 |
Indian Institute of Management, Indore | INR 8,00,000 | INR 20,79,000 | 3 |
Prestige Institute of Management | INR 1,19,500 | INR 3,00,000 | 4 |
*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%
The table below provides you with some links giving information about the cutoff scores of top MBA colleges in Indore.
College Name | Exam | Cutoff |
---|---|---|
Jaipuria Institute of Management, Indore | XAT | 60 |
ATMA | 65 | |
CAT | 50 | |
Indian Institute of Management (IIM), Indore | CAT | 97 |
Indore education is an excellent option for students interested in pursuing a management education. Indore is one of India’s most populous cities, and because of the presence of prestigious universities such as IIM-Indore and other notable institutions, students from all over the country flock to Indore to pursue higher education. It is the state’s educational and learning capital and one of Madhya Pradesh’s most important cities. Because of the numerous businesses and IT parks that surround the city, it is also considered an industrial and commercial hub. An MBA in Indore ensures better placements and allows students to gain hands-on experience due to its proximity to industries.
Ans. Top 10 specializations that are offered by MBA institutions in Indore include:
Ans. The five best MBA colleges in Indore by their placements are:
Ans. few of the job descriptions that are provided by firms after having completed an MBA include:
Ans. It is estimated that getting an MBA within Indore is cost-effective as around 52% of colleges have annual and course fees that range from 1 and 2 lakh. Some of these schools include:
Ans. Different exams that are that are accepted in Indore to be used for MBA admissions are CMAT, CMAT, MAT, and the XAT exam, ATMA, DAVV CET MPMET NMAT, SNAP, ACET and more.