Best MBA Colleges in Khandwa - 2026 Admissions, Fees, Placements

In Madhya Pradesh, there are about 450+ best MBA colleges. Of these, 331 colleges are privately owned, 30 colleges are owned by public/government organisations and public-private entities own 4 MBA colleges. CMAT, CAT, MAT, XAT, etc. are some of the most accepting entrance exams in top MBA college in MP. Atal Bihari Vajpayee Indian Institute of Information Technology and Management, IIM Indore, Prestige Institute of Management and Research, Jaipuria Indore, School of Management, ITM University, Indian Institute of Forest Management, etc. are some of the top MBA colleges in Madhya Pradesh.

IIM Indore emerged as the No. 1 MBA college in Madhya Pradesh followed by other colleges. Listed below are the colleges along with their NIRF rankings of past three years:

Joining the top MBA colleges in Madhya Pradesh can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

It is estimated that joining the top MBA colleges in MP can be affordable as most colleges have tuition fees of less than INR 1 lakh. Listed below are some colleges along with their tuition fees:

The general eligibility criteria to get MBA admission in best MBA college in MP are listed below:

• Candidates should have a bachelor's degree or equivalent qualification in any discipline from a recognised university or institution with a minimum of 50% aggregate.
• Many MBA colleges in MP consider scores from national-level entrance exams such as MAT, XAT, CAT, CMAT, etc. Candidates are required to meet the minimum cutoff scores set by the respective colleges.

PGP is the flagship course of IIM Indore. The institute is listed in the top 100 in the Financial Times Rankings for its flagship PGP in Management (PGP) under the Master's in Management category. It has also bagged 23rd place under the 'Full-Time MBA category for Asia' by the QS World University Rankings 2026. 

The highest and average package offered during IIM Indore placements 2025 stood at INR 70 LPA and INR 29.57 LPA, respectively. Considering all these aspects, IIM Indore seems to be a good choice for Management students. 

For admissions to MBA courses at IIITM Gwalior, the instutute accepts the scores of the CAT entrance examination. Moreover, before the scores of the entrance exam, candidates are required to complete certain eligibility criteria, of which the first one is that candidates must complete their bachelor's degree with a minimum of 60% marks or 6.50 CGPA on a 10-point scale. Moreover, in the bachelor's degree candidates must have a mathematics/statistics course as one of the courses. 

Candidates appearing for the final year of bachelor's degree and those who have completed degree requirements and
are awaiting results can also apply. However, such candidates, if selected, are required to submit the degree certificate
before registration for the programme. Failing which their admission shall stand cancelled.

Yes, students enrolled in any of the PGDM courses at the Jaipuria Institute of Management Indore are offered scholarships to avail. However, the scholarships are offered in a limited number and provided on a first-come, first-served basis. Check out the below list to know the scholarships available at the institute:

• CAT Scholarships
• XAT Scholarships
• MAT Scholarships
• CMAT Scholarships
• Sibling Scholarships

CMAT has five sections - Quantitative Techniques and Data Interpretation, Logical Reasoning, Language Comprehension, General Awareness and Innovation & Entrepreneurship. Important topics of CMAT across all the five sections are listed below:

1. Quantitative Techniques and Data Interpretation: Time-speed-distance, Ratio-Proportion, Profit and Loss, SICI, Average, Partnership, Triangles Probability Surds, HCF-LCM, Quad equations, Quad inequality, Graphs, Tables, Bar, Pie Chart.
2. Logical Reasoning: Family Tree, Analytical Reasoning, Linear Arrangements, Number Series, Matrix Arrangements, Blood Relationship Tests, Coding-Decoding, etc.
3. Language Comprehension: Synonym, Antonym, Fill in the Blanks, Idioms, Match the Following, Reading Comprehension, Identify the Correct Statement, Direct/Indirect Speech, Classify the Sentence, Question Tag, Parajumble.
4. General Awareness: Economy, Business, World, Politics, Sports, Culture, Society
5. Innovation & Entrepreneurship: Concepts of Entrepreneurship, Overview of Entrepreneurship, Evolution of Entrepreneurship in India, Role of Entrepreneurship in Economic Development, Theories and Models of Entrepreneurship, Framework of Entrepreneurship Theories, Models of Entrepreneurship, Emerging Models of Corporate Entrepreneurship, Dimensions of Entrepreneurship, Entrepreneurial Society, Entrepreneurial Culture, Rural Entrepreneurship, etc.

Admission to MBA course is based on SEE score. After completion of the selection rounds, the university releases a merit list to announce the names of the shortlisted candidates. The shortlisted candidates are called for counselling and document verification. Aspirants need to pay a course fee to confirm their seat in the university.

Prestige Institute of Management & Research offers two-year MBA programmes along with a five-year Integrated MBA in the field of Management. Divided into four and 10 semesters, admission to the MBA course is entrance-based. However, admission to Integrated MBA is based on an online entrance exam followed by online off-campus counselling conducted by DTE, MP. 

Admission criteria regarding admission to all these MBA courses is as follows:

Yes, Amity University Gwalior offers scholarships to MBA students. 

MBA students are awarded a scholarship based on CAT/ MAT percentile or GMAT score. Details for the same are given in the table below:

Note: For all MBA Scholarship scores pertaining to 2023/ 2022/ 2021/ 2020/ 2019 are applicable.