Best MBA Colleges in Indore

There are 129 MBA colleges in Indore that offer MBA courses. Among them, 98 MBA colleges are private and 6 MBA colleges are public/government. MBA admission is based on MBA entrance exams followed by a personality assessment test round (Group Discussion or GD, Written Ability Test or WAT and Personal Interview.

MBA Colleges in Indore: Highlights

One of the most well-liked post-graduate courses in Indore is the MBA. The two-year curriculum serves as a platform for numerous corporate job options. The majority of institutions shortlist applicants based on their exam results, academic performanc

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There are 129 MBA colleges in Indore that offer MBA courses. Among them, 98 MBA colleges are private and 6 MBA colleges are public/government. MBA admission is based on MBA entrance exams followed by a personality assessment test round (Group Discussion or GD, Written Ability Test or WAT and Personal Interview.

MBA Colleges in Indore: Highlights

One of the most well-liked post-graduate courses in Indore is the MBA. The two-year curriculum serves as a platform for numerous corporate job options. The majority of institutions shortlist applicants based on their exam results, academic performance, and work experience. After being shortlisted, these individuals must subsequently show up for a Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI). A merit list is then created by the relevant B-schools after this.

The table below mentions key highlights of the MBA colleges in Indore:

Parameters

Statistics

No. of MBA Colleges

129

Annual Fees

INR < 1 lakh: 19

INR 1-2 lakh: 39

INR 2-3 lakh: 14

INR 3-5 lakh: 12

INR > 5 lakh: 6

Specialisations

Finance, Sales & Marketing, Human Resources, International Business, IT & Systems, Operations, etc.

Admission Process

Entrance exam Based

CMAT

DAVV CET

CAT

MAT

MBA Colleges in Indore: Eligibility Criteria

The requirements for MBA courses in Indore may vary amongst colleges. However, the following are the fundamental requirements for MBA eligibility:

  • Candidates must have earned their degree in any field of study or its equivalent from an accredited university. The majority of institutions adhere to the graduation minimum score requirement of 50% overall or an equivalent CGPA. The required minimum score for students in the reserved category is 45% overall or an equal CGPA
  • Students who are in their final year of graduation are also eligible to apply for an MBA as long as they can provide documentation that their degree was earned within the institute-specified time frame

Popular Exams accepted by Top MBA Colleges in Indore

The two most popular entrance exams accepted in top MBA Colleges in Indore are:

  • CAT: A national level management aptitude test known as the Common Admission Test (CAT) is required for enrollment in the MBA programmes provided by 20 IIMs and more than 1,200 B-schools in India. Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude are the three categories that make up the CAT question paper. Phase-by-phase completion of the CAT syllabus, practise taking mock exams, and review are all important components of CAT exam preparation.
  • MAT: Management Aptitude Test or MAT is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September and December. MAT exam is conducted in offline (Paper Based Test or PBT), online (Computer Based Test or CBT) and remote proctored (Internet Based Test or IBT) modes.

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MBA Colleges in Indore with NIRF Ranking 2022

The Ministry of Education created the National Institute of Ranking Framework (NIRF) to rank the top 100 colleges in India across several academic fields. Five factors—Teaching, Learning, and Resources; Research and Professional Practice; Graduation Outcomes; Outreach and Inclusivity; and Peer Perception—are used to determine the NIRF ranking.

Check out the list of MBA schools in Indore by NIRF 2022 in the table below:

College Name

NIRF 2020

NIRF 2021

NIRF 2022

IIM Indore

7

6

7

List of Private and Public/Government MBA Colleges in Indore

About 98 MBA colleges are private and 6 colleges are owned by the public/government. Here is the separate list of private and public MBA colleges in Indore.

List of Private MBA Colleges in Indore

Here is a list of private MBA colleges in Indore along with their total tuition fee:

College Name

Total Tuition Fee/Seat Intake

Entrance Exam/ Eligibility Criteria

Jaipuria Institute of Management

INR 10 lakh

Seats: 180

Entrance Exam: CAT, MAT, XAT, CMAT

Candidates must hold a bachelor’s degree with a minimum of 50% aggregate

Prestige Institute of Management and Research

INR 2 lakh

Seats: 1,140

Entrance Exam: CMAT

Candidates must have passed in Bachelor’s in a relevant stream with at least 50% marks as an aggregate.

SAGE University

INR 1 lakh – INR 4 lakh

Seats: 420

Entrance Exam: SEE, CAT, XAT, MAT

Bachelor's degree with at least 50% aggregate

Acropolis Institute of Technology and Research

INR 1 lakh

Seats: 120

Entrance Exam: CMAT

List of Public/Government MBA Colleges in Indore

Here is a list of public/government MBA colleges in Indore along with their total tuition fee:

College Name

Total Tuition Fee/Seat Intake

Entrance Exam/Eligibility Criteria

IIM Indore

INR 17 lakh – INR 35 lakh

Seats: 450

Entrance Exam: CAT

UG degree with 50% aggregate

Devi Ahilya Vishwavidyalaya (DAVV)

INR 28,000

Seats: 11,775

Entrance Exam: CMAT, CUET-PG, CAT, MAT, XAT

Bachelor’s degree with at least 45% aggregate or an equivalent grade

Devi Ahilya Vishwavidyalaya, Takshasila Campus

INR 50,000 – INR 2 lakh

Seats: 1,665

Entrance Exam: CUET-PG, CMAT, MPMET

Dr. B.R. Ambedkar University of Social Sciences

INR 57,000

Seats: 61

NA

MBA Colleges in Indore: Ownership

Refer to the table below for a detailed overview of the ownership type of MBA Colleges in Indore:

Ownership Type

Number of Colleges

Private

98

Public/Government

6

ROI of MBA Colleges in Indore

Return on Investments, or ROI, aids in educating students about the advantages of enrolling in the course in terms of the return they would receive once the course is completed. When choosing between institutions for admission, ROI might be taken into account. The benefit increases as the ROI rises. Check the table below to know the ROI of MBA colleges in Indore:

College Name

Total Course Fee

Annual Median Package

IIM Indore

INR 17 lakh – INR 35 lakh

INR 19.60 LPA – INR 24.09 LPA

Devi Ahilya Vishwavidyalaya (DAVV)

INR 28,000

INR 5.20 LPA

Devi Ahilya Vishwavidyalaya, Takshasila Campus

INR 50,000 – INR 2 lakh

INR 4.45 – INR 5.20 LPA

Prestige Institute of Management and Research

INR 2 lakh

INR 5 LPA

SAGE University

INR 1 lakh – INR 4 lakh

INR 3.44 – INR 5 LPA

Acropolis Institute of Technology and Research

INR 1 lakh

INR 3.80 LPA

Note: Above statistics are based on the latest available data.

Read:

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Top Recruiters for MBA Graduates in Indore

Below is the list of a few top companies in India that recruit graduates from MBA colleges in Indore along with their placement ratings:

College Name

Placement Rating

Top Recruiters

IIM Indore

4.2

Google, Amazon, Amway, IBM, American Express, Accenture, Capgemini, etc.

Jaipuria Institute of Management

4.2

Silicon Labs, Deloitte, E&Y, ICICI Bank, HCL Technologies, Barclays, Force Motors, etc.

NMIMS University

4.0

Jubilant Ingrevia, Rockwell Automation, KPMG, Zydus Cadila, Berger Paints, Deloitte, etc.

Medi Caps University

3.6

TATA, Amazon, Adani, Wipro, ICICI Bank, HIKE, The Economic Times, etc.

How affordable is studying MBA in Indore?

Pursuing MBA courses in colleges in Indore is moderately affordable as most of the colleges have a total tuition fee between INR 1-2 lakh. Tabulated below is the number of MBA Colleges in Indore along with their total tuition fee structure:

Fee Range

Number of Colleges

< INR 1 lakh

19

INR 1-2 lakh

39

INR 2-3 lakh

14

INR 3-5 lakh

12

> INR 5 lakh

6

MBA Specialisations offered in Indore

Refer to the table below to get a detailed overview of the MBA specialisations in Indore:

Specialisations

Number of Colleges

Sales & Marketing

60

Finance

43

Human Resources

30

Operations

19

IT & Systems

17

Which are the most popular MBA Exams in Indore?

The most popular entrance exams for studying MBA in Indore are CMAT and DAVV CET. Refer to the table below to get a detailed overview of the entrance exams accepted in MBA Colleges in Indore:

Exams

Number of Colleges

CMAT

45

CAT

21

MAT

14

XAT

11

ATMA

8

MBA Colleges in Indore: Cutoff

Here is the list of the cut-off score of the MBA colleges in Indore:

Cutoff

Admission Process

Compare with Other Colleges

IIM Indore Cutoff

IIM Indore Admission

IIM Indore Compare

DAVV Cutoff

DAVV Admission

DAVV Compare

Vani Chugh05-16-2023 10:30
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FAQs

Q: How many MBA colleges are in Indore?

A: There are 124 MBA colleges in Indore that offer MBA courses. Among them, 94 percent of MBA colleges are private and 6 percent of MBA colleges are public/government.

Q: Which are the different specialisations offered in MBA Colleges in Indore?

A: The specialisations offered in MBA colleges in Indore are:
  1. Finance
  2. Human Resources
  3. Sales and Marketing
  4. IT and Systems
  5. Operations
  6. International Business

Q: Which is the best college for MBA in Indore based on placements?

A: The best college for MBA in Indore based on placement are:
College Name Annual Median Package
IIM Indore INR 22.6 – INR 24.09 LPA
Devi Ahilya Vishwavidyalaya (DAVV) INR 5.20 LPA
Devi Ahilya Vishwavidyalaya, Takshasila Campus INR 4.45 – INR 5.20 LPA
Jaipuria Institute of Management INR 6.50 LPA
Prestige Institute of Management and Research INR 5 LPA

Q: Which are the job profiles offered after completing MBA from Indore?

A: The job profiles offered after completing MBA from Indore are:
  1. Finance Manager
  2. Marketing Manager
  3. Sales Manager
  4. Human Resources Manager
  5. Operations Manager
  6. Product Manager
  7. Data Analytics Manager
  8. Digital Marketing Manager

Q: What is the estimated fee for studying MBA in Indore?

A: It can be estimated that pursuing MBA courses in Indore is economical as 43 percent of the MBA colleges have a total course fee between INR 1-2 lakh. Some of these colleges are:
  • IPS Academy Institute of Business Management and Research
  • Govindram Sakseria Institute of Management and Research
  • Shivajirao Kadam Institute of Technology and Management
  • Lakshmi Narain College of Technology
  • Indore Institute of Management and Research

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