Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
Indore has 100+ MBA colleges. IIM Indore is the best B-school in Indore. The city also has the 1964-established state government university, DAVV (Devi Ahilya Vishwavidyalaya), that offers low-fee MBA programmes through IIPS, IMS, SVIMS. MBA courses from these DAVV-affiliated colleges cost 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 that align with the city’s expanding IT, retail, and pharma sectors.
Best MBA
Indore has 100+ MBA colleges. IIM Indore is the best B-school in Indore. The city also has the 1964-established state government university, DAVV (Devi Ahilya Vishwavidyalaya), that offers low-fee MBA programmes through IIPS, IMS, SVIMS. MBA courses from these DAVV-affiliated colleges cost 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 that align with the city’s expanding IT, retail, and pharma sectors.
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 |
Details |
|---|---|
| Total Number of Indore MBA Colleges |
100+ |
| Fee Range and MBA Indore College Number (Approx.) |
~ INR 35,000 to INR 20+ Lakh |
| 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 |
Note: All info. is from official sites and can change.
Top 5 MBA Colleges in Indore with 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 among the 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
Indore colleges for MBA admission have these requirements.
- Graduation in any discipline, or an equivalent, from a recognised university, with at least a 45-50% aggregate score.
- Passed any accepted Management examination with valid scores.
- Most MBA colleges shortlist students based on their percentile and additional criteria like GD/PI rounds.
Note: All info. is from official sites and can change.
Read More:
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 |
|---|---|
| CAT |
|
| MAT |
|
| XAT |
|
| CMAT |
|
| ATMA |
Best Private MBA Colleges in Indore
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 |
|---|---|
| Jaipuria Indore - Jaipuria Institute of Management MBA courses |
INR 12+ Lakh |
| INR 1.59 Lakh |
|
| INR 10 Lakh |
|
|
|
INR 61,000 - INR 78,000 |
| INR 2.4 Lakh - INR 20 Lakh |
|
| INR 2.3 Lakh |
|
| INR 61,000 |
|
| INR 19 Lakh |
|
| INR 12+ Lakh |
|
| INR 48,000 |
Note: All info. is from official sites and can change.
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 |
Note: All info. is from official sites and can change.
Best Government MBA Colleges in Indore
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 MBA courses |
INR 1.45 Lakh - INR 1.98 Lakh |
CUET PG, CUET |
| International Institute of Professional Studies Devi Ahilya Vishwavidyalaya MBA courses |
INR 1.98 Lakh |
CUET |
| INR 57,000 |
Merit-Based |
Note: All info. is from official sites and can change.
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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
Candidates can get admission in integrated MBA at International Institute of Professional Studies, Devi Ahilya Vishwavidhyalaya through CUET (UG). For PG MBA (Management Science), students are given admission through DTE counselling on the basis of CMAT exam. The admission to other PG MBA courses is given through the CUET (PG) counselling.
Oriental University is ranked 3rd in the state, 4th in the zone, and 49th in the nation by Indian Institutional Ranking Framework (IIRF) 2022. The University was also awarded “Best Private University for Strong Industry Interaction in Central India” in India International Education Excellence Awards 2023. According to the NIRF 2023 report the following placement data for PG (2-year) can be derived
Particulars | Statistics 2021 | Statistics 2022 |
|---|---|---|
Total no. of graduating students | 137 | 93 |
Students Placed | 100 | 9 |
Median Package | INR 3.5 LPA | INR 3 LPA |
Commonly asked questions On Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
Yes, SGSITS Indore offers various industry-relevant specialisations under its MBA programme. These specialisations are Finance, Human Resource, Marketing and Operations Management. Students enorolled in the MBA course must opt for dual specialisation. Other than MBA General, the institute also has a specialised MBA course in Hospital Administration. Admissions to both courses are made based on CMAT scores.
IndorePvtCommonly asked questions On Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
Master of Business Administration (MBA) at AKTU is a 2-year course at the PG level. The course offers admission to 120 students. The total tuition fee for AKTU Master of Business Administration (MBA) is INR 1.19 Lakh for the whole course. The highest salary package offered for MBA students was INR 15 LPA. Abbot, Amdocs, Birla SunLife, Blue Star, Emcure Pharmaceutical, FDC Pharma, HCL Technologies, HDFC Life, and Idea Cellular Services were the top recruiters.
IndorePvtCommonly asked questions On Best MBA Colleges in Indore: Fees, Admissions 2026, Placements
Modern Institute of Pharmaceutical Sciences eligibility requires students to complete the qualifying exam from a recognised board/ institute. A general eligibility is as below:
- Modern Institute of Pharmaceutical Sciences UG admissions require students to complete Class 12
- Modern Institute of Pharmaceutical Sciences PG admissions require students to graduate in relevant field
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- Top MBA Colleges in Indore 2026
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- 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
