Best MBA Colleges in Madhya Pradesh 2026: Fees, Ranking, Admission, Courses, Salary

In order to be admitted to Bhopal's Lakshmi Narain College of Technology (LNCT), take the following actions:

1. Check Eligibility : Make sure you fulfill the requirements to be eligible for the programme of your choice.
2. Apply Online : Visit the LNCT website to complete and submit the application.
3. Entrance Exam/Direct Admission : The programme you're applying to may require you to take an entrance exam or submit a direct application.
4. Submit Documents : Attach the necessary personal and academic records.
5. Pay Fees : Follow the admission rules when completing the fee payment.

Established in 1996, IPER is a recognised institute. The institute is affiliated to Baraktullah University. It also offers an MBA programme, i.e. approved by AICTE. It is dedicated to offering quality education to the students since the very beginning. The candidates can pursue both UG and PG-level programmes at the institute. It is focused on providing students with a bright future and thus offers skills and training to improve their skill sets.

According to the NMIMS Indore MBA Summer Internship interim report 2025, the average stipend that was offered to the MBA students was INR 25,000 and the median stipend was INR 20,000. The highest stipedn offered to a MBA student was INR 80,000.

MBA in Marketing Finance is not mentioned as an available specialisation of MBA at Prestige Institute of Management & Research. However, the placement section does mention that the aforementioned course had 54% of the MBA students at the institute in 2024. Thus, candidates can assume that the aforementioned course has been discontinued.

Top companies visit the campus during Amity Global Business School, Indore placement drive, Some of them are listed below:

Dr. Harisingh Gour Vishwavidyalaya MBA graduates' average salaries appear to be fairly respectable.

1) It estimates place the average yearly compensation package offered for MBA positions between Rs 4-6 lakhs.

2) The highest salary that MBA graduates from certain previous batches have reported earning ranged from Rs 8 to 12 Lacs annually at the time of hiring. 

3) The typical beginning salary for students is in the range of Rs 3.5-5 Lacs per year.

4) The banking, financial services, pharmaceutical, FMCG, and retail industries are the top sectors for hiring recent graduates with MBAs.

5) Companies like ICICI, HDFC Bank, Yes Bank, CEAT, and Berger Paints are among those that frequently hire MBA candidates.  

SAM Global University and Devi Ahilya Vishwavidyalaya, Takshashila Campus both are renowned universities for MBA/PGDM. However, in terms of affordability, SAM Global University is a better option since the total tuition fee for SAM Global University is INR 60,000 - INR 70,000 and the total tuition fee for MBA/PGDM at Devi Ahilya Vishwavidyalaya, Takshashila Campus is INR 99,280. In the total fees that students generally end up paying the university or the college, various other components are also included, such as the exam fee, application fee, lab and other charges.

MBA is one of the top courses of SUAS Indore. The university offers MBA programme in three popular specialisations-Marketing, Media Management, and Banking Financial Services and Insurance. MBA curriculum includes full semester internship in the final year. The university recorded 100% internship and support with 225 days of embedded internship provision in the curriulum. After completing the degree, students are open to opportunities in top companies.

Talking about placement, SUAS has concluded its placement process for the batch passed out in 2022. The university has released the names of students who were placed from the School of Management. As per the latest report, 31 students were placed from the School of Management.

Acropolis Institute of Technology and Research has placed its selected students in known and reputed companies such as Samsung R And D Institute India Noida, 3D Logic, Shraddha Classes, Echjay Steel Industry, Technology Support Engineer, Apoorva Minerals, Environ Speciality Chemicals, Ks Foundry Pvt Ltd, Hakimi Techology Solutions, Lex Jurists Advocates And Solicitors, Diamond Ndt Inspection Services (P) Ltd, H.G. Infra Engineering Pvt. Ltd., Rml Avadh University, Incredible India Techxpert Pvt Ltd, Baruni Stones, Adbhoot Creatives Pvt Ltd, Jasper International Engineering Consultants, Lawyers At Work, Tide Learning Private Ltd, Wholesale Cloth Merchant.

It is not necessary to appear for PU-Test for MBA admission in Prestige University. The university accept other entrance scores as well. Candidates with a valid score of CAT/ XAT/ GMAT/ GRE can also apply for admission. The valid scorecard may have to be presented.

Prestige Institute of Global Management Indore offers a PGDM course instead of a traditional MBA course. However, the PGDM course offered by Prestige Institute of Global Management is considered a MBA equivalent course that has the same duration of two years.

As per Shiksha verified reviews, Shri Ram Institute of Technology has an impressive review rating of 3.56 by 124 students.

The Sagar Institute of Research and Technology the highest package offered during the 2023 placement drive stood at INR 30 LPA. The following table showcases the Sagar Institute of Research and Technology the highest package offered in 2023 placement drive:

Particulars	Placement Statistics (2023)
the highest Package	INR 30 LPA

Yes, Renaissance University offers MBA with different courses. the duration of the courses is two years for full time. Tuition fee ranges from INR 1.6 Lacs – INR 5.5 Lacs due to the specialisations offered by the university. The admission will be merit based with class 12 and graduation with 50% and three-year duration of study, candidates with work experience will be given preference for admission. The process is registration based, students need to register themselves for the consideration of admission.

SAM Global University is approved by UGC (University Grants Commission) and Madhya Pradesh Niji Vishwavidhyalaya (Sthapana Avam Sanchalan) Adhiniyam 2007. Some of the constituent colleges under this university are approved by PCI (Pharmacy Council of India), AICTE (All India Council for Technical Education), Madhya Pradesh Private University Regulatory Commission, NCTE, CCIM, INC, AIPC, and Madhya Pradesh Government. 

The key highlights of IIMR Indore placements in recent past are presented below:

Particulars	Placement Statistics
the highest package	INR 40 LPA
Total companies	350
Placement rate	100%

Swami Vivekanand University or SVN University offers MBA in various specialisations. The eligibility criteria for admission to these specialisations slightly vary from one another. For admission to the SVN University's MBA in Agri-Business Management, candidates are required to have a Bachelor's degree in Agriculture/ Agricultural Engineering/ Biotechnology/ Life Science or any other relevant stream.

For all other specialisations, the SVN University Sagar MBA eligibility criteria is a recognised Bachelor's degree of at least three years' duration with a minimum aggregate of 50% (45% in case of reserved category candidates).

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.

The scope of MBA course is increasing day by day. MBA is one of the big job oriented professional programme and the most one which has been sought by the students. Once you have completed your degree, you have a great job opportunity in the industrial world. You may the manager or executive in term of designation.

The management term is most suited to the managers and that's why it is the way, where you can reach on the top of the height as soon as possible by using your leadership and working proficiency. An MBA professional always plays a vital role in his/her company and this is why he used to keep in touch with the board of directors. No need to specify the companies who recruit the MBA professionals. All sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for an MBA professional.

Some job profiles are listed here:

• Brand Manager
• Account Manager
• International Business Manager
• Marketing Executive
• Business Technical Consultant

All the best.

As per the latest report, the the highest package offered during SAGE University Powered by Sunstone placements in 2024 stood at INR 25 LPA. The same is tabulated below:

Particulars	Placement Statistics (2024)
the highest package	INR 25 LPA