Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
A fast-transforming tier-2 city and MP’s financial centre, Indore has 100+ MBA colleges. IIM Indore remains the highlight. Alongside, you’ll find the 1964-established state government university, DAVV (Devi Ahilya Vishwavidyalaya), that offers low-fee MBA programmes through IIPS, IMS, SVIMS - around INR 2 Lakh. You can also explore the best of Indore’s private B schools and multidisciplinary institutes, such as, NMIMS, Prestige, and Jaipuria with specialisations aligning perfectly with the city’s expanding IT, retail, and pharma sectors.
Check out the CAT Cutoff for IIMs!
A fast-transforming tier-2 city and MP’s financial centre, Indore has 100+ MBA colleges. IIM Indore remains the highlight. Alongside, you’ll find the 1964-established state government university, DAVV (Devi Ahilya Vishwavidyalaya), that offers low-fee MBA programmes through IIPS, IMS, SVIMS - around INR 2 Lakh. You can also explore the best of Indore’s private B schools and multidisciplinary institutes, such as, NMIMS, Prestige, and Jaipuria with specialisations aligning perfectly with the city’s expanding IT, retail, and pharma sectors.
Check out the CAT Cutoff for IIMs!
- Best MBA Colleges in Indore
- Top 5 MBA Colleges in Indore: Important USPs
- MBA Colleges in Indore: General Eligibility 2026
- Entrances for MBA Colleges in Indore 2026
- Best Private MBA Colleges in Indore: Admission, Fee, Exams
- Best Government MBA Colleges in Indore: Fees, Admission, Exams, Eligibility
- Best Low Cost MBA Colleges in Indore Without Entrance Exam in 2026
Best MBA Colleges in Indore
Indore has some of the best business schools in Madhya Pradesh. The table below shows a snapshot of Shiksha’s list of MBA colleges in Indore with the fee ranges, popular options, placement rates, and more.
| Parameters |
Statistics |
|---|---|
| Total Number of Indore MBA Colleges |
100+ |
| Fee Range and MBA Indore College Number (Approx.) |
~ INR 1 Lakh: 80+ ~ INR 3 - 5 Lakh: 5+ ~ INR 7 - 10 Lakh: 2 |
| Top 5 Indore MBA Colleges (NIRF and Shiksha’s popularity) |
|
| Programme Type |
|
| Entrance Exams |
|
| Specialisations in Indore MBA Colleges |
|
| Placement sectors in Top MBA Indore Colleges |
|
| Accreditations |
AACSB, AIU, NBA, NAAC A to A++, AICTE |
| Placements Packages Average |
~ INR 5 to 30 LPA |
Top 5 MBA Colleges in Indore: Important USPs
Indore has many good affordable MBA colleges affiliated to DAVV. But it has standalone institutes that offer great placements and industry-oriented programmes, where the fee could be significantly higher. This list of top 5 MBA colleges in Indore is collective of factors, including rank, fees, and placements so that you can make an informed choice, as each has something great to offer.
- IIM Indore: In NIRF management category 2025, IIM Indore stands at 8th position against top 100 business schools in India. While the MBA fee here is around INR 20 Lakh, which is competitively higher than most private and govt. B schools in Indore, the highest placement for the 2024-26 batch has been declared to be INR 70 LPA.
- Jaipuria Indore: It ranks consistently in the NIRF 101 to 125 management category, and it’s AACSB and AIU accredited. The total fees here for the PGDM programme is around INR 13 Lakh. It also requires a minimum CAT score of 45% or equivalent entrances like XAT and CMAT.
- Prestige Institute of Management and Research: PIMR Indore has over 400 vacant seats for MBA aspirants who are looking for high-quality business education curriculum with NAAC A++ accreditation and low fees totalling around INR 1.6 to 2 Lakh.
- IIPS Indore: This one is a department of DAVV and is AICTE accredited with concentrations available in Entrepreneurship and Tourism. The low fees here is around INR 2 Lakh and the placements are regionally quite strong.
- IMS Indore: Another DAVV department/affiliated, low fee MBA college in Indore with NAAC A grade, it offers specialisations, ranging from Hospital Administration to Marketing Management. The placements here are great for Indore’s expanding sectors.
Read More: MBA Courses
MBA Colleges in Indore: General Eligibility 2026
MBA colleges in Indore have general eligibility like:
- The candidates must complete their graduation in any discipline, or an equivalent, from a recognised university.
- The student should have completed their UG degree with at least a 45-50% aggregate score.
- The students should have passed any accepted Management examination.
- Most MBA colleges shortlist students based on their percentile and additional criteria like GD/PI rounds.
Disclaimer: This information is sourced from the official website and may vary
Read More: MBA Admission
Entrances for MBA Colleges in Indore 2026
There are several entrance exam scores that are accepted at the top MBA colleges in Indore. Some of these are given below.
| Exam Name |
Exam Schedule |
|---|---|
Disclaimer: This information is sourced from the official website and may vary
Best Private MBA Colleges in Indore: Admission, Fee, Exams
The table below provides some important details about the fees, eligibility, and entrance exams at the private MBA colleges in Indore.
| College Name |
Total Tuition Fee |
Entrance Exam/ Eligibility Criteria |
|---|---|---|
| Jaipuria Indore - Jaipuria Institute of Management Admission |
INR 13 Lakh |
CAT, MAT, XAT, CMAT |
| INR 1.59 Lakh |
CMAT |
|
| INR 2 Lakh – INR 18 Lakh |
SEE, CAT, XAT, MAT |
Disclaimer: This information is sourced from the official website and may vary
Best Government MBA Colleges in Indore: Fees, Admission, Exams, Eligibility
The table below provides some important details about the fees, eligibility, and entrance exams at the government MBA colleges in Indore.
| College Name |
Total Tuition Fee |
Entrance Exam/Eligibility Criteria |
|---|---|---|
| INR 17 Lakh – INR 35 Lakh |
CAT, IPMAT |
|
| Institute of Management Studies, Devi Ahilya Vishwavidyalaya Admission |
INR 1.45 Lakh - INR 1.98 Lakh |
CUET PG, CUET |
| International Institute of Professional Studies Devi Ahilya Vishwavidyalaya Admission |
INR 1.98 Lakh |
CUET |
| INR 57,000 |
Merit-Based |
Disclaimer: This information is sourced from the official website and may vary
Best Low Cost MBA Colleges in Indore Without Entrance Exam in 2026
There are a number of MBA colleges in Indore that take direct admission. That means, you do not have to take CAT or similar exams. But you will have to meet the general eligibility, which is graduation with 50% marks (at least). Some of these without-entrance-exam MBA colleges in Indore may take personal interviews to evaluate candidates. Check the popular ones here with low fees.
| MBA College in Indore Without Entrance |
Seat Intake |
Fees |
|---|---|---|
| 100+ |
~INR 1.4 Lakh |
|
| 100+ |
~1.2 Lakh |
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Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
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Commonly asked questions On Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
There are about 130+ best MBA colleges in Indore. Of these, 100 colleges are privately owned and 6 colleges are owned by public/government organisations. CMAT, CAT, MAT, XAT, and ATMA are some of the most accepting entrance exams in top MBA colleges in Indore. IIM Indore, Jaipuria Indore, Prestige Institute of Management and Research, IPS Academy Institute of Business Management and Research, SAGE University, Shivajirao Kadam Institute of Technology & Management, Shri Vaishnav Institute of Management, etc. are some of the popular MBA colleges in Indore.
IIM Indore emerged to be as the No. 1 MBA college in Indore. Listed below is the NIRF ranking of past three years:
College Name | NIRF 2022 | NIRF 2023 | NIRF 2024 |
|---|---|---|---|
7 | 8 | 8 |
Joining MBA colleges in Indore can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their total tuition fees and average placement package:
College Names | Total Course Fee | Annual Median Package |
|---|---|---|
INR 17 lakh – INR 35 lakh | INR 21 LPA - INR 25 LPA | |
INR 90,000 - INR 2 lakh | INR 5 LPA - INR 6 LPA | |
INR 2 lakh | INR 5 LPA | |
INR 3 lakh | INR 6 LPA | |
INR 2 lakh – INR 18 lakh | INR 4 LPA | |
INR 1 lakh | INR 4 LPA |
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Commonly asked questions On Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
It is estimated that joining MBA colleges in Indore can be affordable as most of the colleges have tuition fees of less than INR 1 lakh. Listed below are some of the colleges along with their total tuition fees:
| Low-cost Colleges | Total Tuition Fee |
|---|---|
| Lal Bahadur Shastri Institute of Technology and Management | INR 78,000 |
| DAVV - Devi Ahilya Vishwavidyalaya | INR 90,000 |
| Sushila Devi Bansal College of Technology | INR 97,000 |
| Sri Aurobindo Institute of Technology | INR 99,000 |
| Indore Management Institute and Research Centre | INR 78,000 |
The table below shows the private top management colleges in Indore along with their total tuition fees/seat intake:
College Name | Total Tuition Fee/Seat Intake |
|---|---|
Jaipuria Indore - Jaipuria Institute of Management Admission | INR 13 lakh Seats: 180 |
INR 3 lakh Seats: 900 | |
INR 2 lakh – INR 18 lakh Seats: 60 | |
INR 1 lakh Seats: 120 |
There are about 9 top distance MBA colleges in Indore. Some of them are mentioned below along with their total tuition fees:
| Distance MBA Colleges | Tuition Fee |
|---|---|
| DAVV | INR 72,000 |
| Indian School of Business Management & Administration | INR 24,000 - INR 50,000 |
| Institute of Management Technology- Center for Distance Learning | INR 2 lakh |
| Symbiosis Centre for Distance Learning, Indore | INR 18,000 - INR 30,000 |
| Team Adhyan | INR 69,000 |
Commonly asked questions On Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
The eligibility criteria for MBA courses may vary across institutes offering the same. However, the basic eligibility criteria prescribed by the Universities Grants Commission for MBA in best management colleges in Indore is as follows:
- Candidates passing a bachelor’s level examination irrespective of the discipline from a recognised institute are eligible to pursue an MBA degree course.
- An institute might follow minimum aggregate score criteria of 50 percent in the qualifying exam for unreserved category candidates and 45% aggregate for reserved category candidates.
- For admissions, institutions also conduct entrance exams like CAT, MAT, CMAT, XAT, and many others.
It is possible to pursue an MBA without taking any entrance exam. Some direct admission eligibility criteria to help you be accepted into MBA programs.
- Score at least 50%-65% aggregate in graduation.
- For the reserved category, there is relaxation.
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- Colleges in Indore
- Colleges in India
- Colleges in Madhya Pradesh
- Top MBA Colleges in Indore 2026
- Top MBA Colleges in Madhya Pradesh 2026
- Top Private MBA Colleges in India 2026
- Top IIMs in India 2026
- Top MBA Colleges in India 2026
- MBA Colleges accepting CAT in India
- MBA Colleges accepting MAT in India
- MBA Colleges accepting SNAP in India
- MBA Colleges accepting XAT in India
