How many MBA colleges are there in Indore?

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.

Which is the No. 1 MBA college in Indore as per NIRF 2024?

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 IIM Indore Ranking 7 8 8

Is it worth joining MBA colleges in Indore?

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 IIM Indore MBA INR 17 lakh – INR 35 lakh INR 21 LPA - INR 25 LPA Devi Ahilya Vishwavidyalaya (DAVV) MBA INR 90,000 - INR 2 lakh INR 5 LPA - INR 6 LPA Devi Ahilya Vishwavidyalaya, Takshasila Campus MBA INR 2 lakh INR 5 LPA Prestige Institute of Management and Research MBA INR 3 lakh INR 6 LPA SAGE University MBA INR 2 lakh – INR 18 lakh INR 4 LPA Acropolis Institute of Technology and Research MBA INR 1 lakh INR 4 LPA

What are the affordable MBA colleges in Indore?

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

What are the private MBA colleges in Indore?

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 Prestige Institute of Management and Research Admission INR 3 lakh Seats: 900 SAGE University Admission INR 2 lakh – INR 18 lakh Seats: 60 Acropolis Institute of Technology and Research Admission INR 1 lakh Seats: 120

What are the top distance MBA colleges in Indore?

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

What is the eligibility criteria to get admission in top MBA colleges in Indore?

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.

Can I do MBA without giving any entrance exam?

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.

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!

Table of Contents

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:

Check out the CAT Cutoff for IIMs!

Table of Contents

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 1 - 3 Lakh: 30+ ~ INR 3 - 5 Lakh: 5+ ~ INR 5 - 7 Lakh: 2+ ~ INR 7 - 10 Lakh: 2 ~ INR 10 - 15 Lakh: 5+
Top 5 Indore MBA Colleges (NIRF and Shiksha’s popularity)	IIM Indore IIPS (affiliated to DAVV) IMS (affiliated to DAVV) Jaipuria Indore Prestige
Programme Type	2-year MBA with dual specialisations PGDM equivalent to MBA
Entrance Exams	CAT CMAT IPMAT
Specialisations in Indore MBA Colleges	Retail Management Hospital Administration Ecommerce AI and Data Science
Placement sectors in Top MBA Indore Colleges	Consulting Sales and Marketing
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.

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

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
MAT	MAT Schedule
XAT	XAT Schedule
CMAT	CMAT Schedule
ATMA	ATMA 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
Prestige Institute of Management and Research Admission	INR 1.59 Lakh	CMAT
SAGE University Admission	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
IIM Indore Admission	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
Dr. B.R. Ambedkar University of Social Sciences Admission	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.