Best MBA Colleges in Madhya Pradesh 2026: Fees, Ranking, Admission, Courses, Salary
516 Best MBA Colleges in Madhya Pradesh
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 Madhya Pradesh.
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 Madhya Pradesh.
- Table of Contents
- Best MBA Colleges in Madhya Pradesh: Highlights 2024
- Best MBA Colleges in Madhya Pradesh with NIRF Ranking 2024
- Best MBA Colleges in Madhya Pradesh: Admissions 2024
- Best MBA Colleges in Madhya Pradesh: Exam Schedule 2024-25
- 5.1 What are the entrance exams accepted by Best MBA Colleges in Madhya Pradesh?
- Best Private MBA Colleges in Madhya Pradesh
- Best Govt. MBA Colleges in Madhya Pradesh
- Region-wise Best MBA Colleges in Madhya Pradesh
- Best MBA Colleges in Madhya Pradesh: Fees vs Salary
- Highest Salary Offered by Best MBA Colleges in Madhya Pradesh
- Low-cost MBA Colleges in Madhya Pradesh
- Specialisations Offered by Best MBA Colleges in MP
- Best MBA Colleges in Madhya Pradesh: Comparison
Table of Contents
- Best MBA Colleges in Madhya Pradesh: Highlights 2024
- Best MBA Colleges in Madhya Pradesh with NIRF Ranking 2024
- Best MBA Colleges in Madhya Pradesh: Admissions 2024
- Best MBA Colleges in Madhya Pradesh: Exam Schedule 2024-25
- Best Private MBA Colleges in Madhya Pradesh
- Best Govt. MBA Colleges in Madhya Pradesh
- Region-wise Best MBA Colleges in Madhya Pradesh
- Best MBA Colleges in Madhya Pradesh: Fees vs Salary
- Highest Salary Offered by Best MBA Colleges in Madhya Pradesh
- Low-cost MBA Colleges in Madhya Pradesh
- Specialisations Offered by Best MBA Colleges in MP
- Best MBA Colleges in Madhya Pradesh: Comparison
Best MBA Colleges in Madhya Pradesh: Highlights 2024
A famous postgraduate degree programme that provides intense training in business and management techniques is the Master of Business Administration, or MBA. The Harvard University Graduate School of Administration, currently known as the Harvard Business School, established it as the first postgraduate degree of its kind on a global scale back in 1908. Essential leadership talents including strong analytical ability, advanced critical thinking skills, and solid decision-making power are carefully cultivated via the MBA programme.
The key highlights related to the best MBA colleges in MP are mentioned below:
| Particulars |
Parameters/Statistics |
|---|---|
| No. of MBA colleges in Tamil Nadu |
450+ |
| Annual Fees |
Free: 1 college INR < 1 lakh: 258 colleges INR 1-2 lakh: 129 colleges INR 2-3 lakh: 36 colleges INR 3-5 lakh: 20 colleges INR > 5 lakh: 17 colleges |
| Top Specialisations |
Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc. |
| Accepted Entrance Exams |
Disclaimer: This information is sourced from the official website and may vary.
Predict your chances here: MBA Cutoff 2024 Predictor
Best MBA Colleges in Madhya Pradesh with NIRF Ranking 2024
The National Institutional Ranking Framework (NIRF) was approved by the MHRD and launched by Honourable Minister of Human Resource Development on 29th September 2015. This framework outlines a methodology to rank institutions across the country.
The table below shows the top colleges for MBA in Madhya Pradesh along with their NIRF rankings of past three years, i.e. from 2022 to 2024:
| College Names |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
|---|---|---|---|
| 7 |
8 |
8 | |
| 64 |
68 |
85 |
Disclaimer: This information is sourced from the official website of the ranking body listed and may vary.
READ MORE: MBA Courses
Best MBA Colleges in Madhya Pradesh: Admissions 2024
The general eligibility criteria to get MBA admission in best MBA college Madhya Pradesh 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.
Best MBA Colleges in Madhya Pradesh: Exam Schedule 2024-25
The most popular entrance exams accepted in top MBA Colleges in MP are:
- CMAT: Common Management Admission Test (CMAT) is a business aptitude test of three hours conducted by the National Testing Agency (NTA) for admission to MBA/PGDM courses. The CMAT is one of the most popular MBA entrance exams in India. About 70,000 candidates appear for the CMAT every year. CMAT score is accepted by about 1,300 B-schools (government and private) in India including Great Lakes Institute of Management, JBIMS, SIMSREE, K J Somaiya Mumbai, Welingkar Mumbai and PUMBA. The CMAT question paper consists of 100 questions from Quantitative Techniques & Data Interpretation, Logical Reasoning, Language Comprehension, General Awareness and Innovation and Entrepreneurship.
- MAT: Management Aptitude Test or MAT is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September, and December. MAT exam is conducted in offline (Paper Based Test or PBT), online (Computer Based Test or CBT) and remote proctored (Internet Based Test or IBT) modes.
- CAT: Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 20 IIMs and over 1,200 B-schools in India. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning and Quantitative Aptitude.
Listed below are the following admission dates for Top MBA colleges in MP:
| Exam Name |
Dates |
Schedule |
|---|---|---|
| CAT 2024 Exam |
24 Nov '24 |
|
| XAT 2025 Exam |
5 Jan '25 | |
| CMAT 2024 Exam |
Closed for 2024 | |
| MAT CBT 1 2024 Exam |
07 Dec '24 |
What are the entrance exams accepted by Best MBA Colleges in Madhya Pradesh?
Listed below are the various entrance exams accepted by MP MBA colleges along with their number of colleges and cutoff predictor:
| Exams |
Number of Colleges |
Cutoff 2023 Predictor |
|---|---|---|
| CMAT |
136 |
|
| CAT |
44 |
|
| MAT |
32 |
|
| XAT |
23 |
Preparing for CAT 2024? Click to practice:
- Q&A for Verbal Ability
- Q&A for Quantitative Aptitude
- Q&A for Data Interpretation and Logical Reasoning
Read More About CAT, MAT, and CMAT Mock Test Series:
- Download CAT Previous Years Question Papers
- Free Online CAT Mock Test Series
- Free Online CMAT Mock Test Series
- Free Online MAT Mock Test Series
Best Private MBA Colleges in Madhya Pradesh
Among the top 10 MBA colleges in MP, the table below shows the private top MBA colleges in Madhya Pradesh along with their total tuition fee:
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 3 lakh |
|
| INR 12 lakh |
|
| INR 2 lakh – INR 6 lakh |
|
| INR 1 lakh – INR 2 lakh |
|
| INR 2 lakh – INR 3 lakh |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Syllabus
Best Govt. MBA Colleges in Madhya Pradesh
Among the top 10 MBA colleges in MP, the table below shows the government top MBA colleges in MP along with their total tuition fee:
| Public/Government Colleges |
Total Tuition Fee |
|---|---|
| INR 17 lakh – INR 35 lakh |
|
| INR 3 lakh – INR 8 lakh |
|
| INR 12 lakh |
|
| INR 90,000 – INR 2 lakh |
|
| INR 45,000 – INR 65,000 |
Region-wise Best MBA Colleges in Madhya Pradesh
The table below shows the location-wise distribution of best MBA colleges in MP along with their number and names of colleges:
| Locations |
Number/Names of colleges |
|---|---|
| Bhopal |
135 (Indian Institute of Forest Management, Jagran Lakecity University, People's Institute of Management and Research, etc.) |
| Indore |
131 (IIM Indore, Jaipuria Indore, Prestige Institute of Management and Research, etc.) |
| Gwalior |
48 (IIITM University, Amity University, Jain College, etc.) |
| Jabalpur |
25 (Gyan Ganga College of Technology, RDVV, Shri Ram Institute of Technology, etc.) |
Read more about MBA colleges in other regions:
- Best MBA Colleges in Indore
- Best MBA Colleges in Bhopal
- Best MBA Colleges in Gwalior
- Best MBA Colleges in Jabalpur
Best MBA Colleges in Madhya Pradesh: Fees vs Salary
Return on investment, or ROI, is the sum of money that students receive as a placement offer in return for investing a sizable sum of money to attend a college and complete a degree of study.
The table below shows the top MBA colleges in Madhya Pradesh along with their total tuition fee and annual average package:
| College Names |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 17 lakh – INR 35 lakh |
INR 22 LPA - INR 27 LPA |
|
| INR 3 lakh – INR 8 lakh |
INR 8 LPA – INR 17 LPA |
|
| INR 3 lakh |
INR 5 LPA |
|
| INR 2 lakh – INR 6 lakh |
INR 6 LPA |
|
| INR 2 lakh – INR 3 lakh |
INR 4 LPA |
Disclaimer: The above statistics are based on the latest available data.
Highest Salary Offered by Best MBA Colleges in Madhya Pradesh
The table below shows the average placement package offered by top recruiters who participated in top MBA colleges in Madhya Pradesh:
| College Names |
Annual Average Package |
Top Recruiters |
|---|---|---|
| INR 22 LPA - INR 27 LPA |
Boston Consulting Group, Deloitte India, EY, Infosys Consulting, KPMG, etc. |
|
| INR 8 LPA – INR 17 LPA |
Meta, Adobe, Amazon, Samsung, Deloitte, Atlassian, IBM, HCL, etc. |
|
| INR 5 LPA |
Accenture, LG, Cognizant, Amazon, Dell, HCL, ICICI Bank, Infosys, etc. |
|
| INR 4 LPA |
HCL, Airtel, TCS, Infosys, Amazon, Deloitte, Wipro, etc. |
Disclaimer: The above statistics are based on the latest available data.
Low-cost MBA Colleges in Madhya Pradesh
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:
| Low-cost MBA Colleges | Tuition Fee |
|---|---|
| Lal Bahadur Shastri Institute of Technology and Management | INR 78,000 |
| DAVV - Devi Ahilya Vishwavidyalaya | INR 90,000 |
| Shri Ram Institute of Technology | INR 82,000 |
| Sushila Devi Bansal College of Technology | INR 97,000 |
| Sri Aurobindo Institute of Technology | INR 99,000 |
Disclaimer: The above statistics are based on the latest available data.
Specialisations Offered by Best MBA Colleges in MP
Listed below are the top specialisations offered by various MBA colleges in Madhya Pradesh:
| Top Specialisations | No. of Colleges |
|---|---|
| Sales & Marketing | 159 |
| Finance | 129 |
| Human Resources | 105 |
| HealthCare & Hospital | 41 |
| International Business | 39 |
Best MBA Colleges in Madhya Pradesh: Comparison
To determine the comparison of the top MBA colleges in Madhya Pradesh, click on the below link:
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Best MBA Colleges in Madhya Pradesh
BhopalPvt
Commonly asked questions On Best MBA Colleges in Madhya Pradesh 2026: Fees, Ranking, Admission, Courses, Salary
Mansarovar University has a dedicated placement cell which prepares the prospective students and makes them industry-ready. The cell provides complete support to the students as well as to the companies at every stage of the placement process. MGU arranged the pre-placement talks, written tests, interviews and group discussions.
Commonly asked questions On Best MBA Colleges in Madhya Pradesh 2026: Fees, Ranking, Admission, Courses, Salary
Yes, Vikrant University offers scholarship to students on the basis of academic scores. Vikrant University merit-based scholarship is awarded to students based on the performance in the qualifying examination i.e. Class 12/ graduation.
JabalpurGovtGwaliorGovtCommonly asked questions On Best MBA Colleges in Madhya Pradesh 2026: Fees, Ranking, Admission, Courses, Salary
The following documents are required during Jiwaji University MBA course admission as mentioned below:
- Copy of counselling registration form
- Class 10 marksheet
- Class 12 marksheet
- Graduation marksheet
- Caste Certificate
- the latest income certificate for reserved category candidates
- Migration and Transfer Certificates
- Aadhaar Card
- Income certificate for reserved category candidates
- MP domicile certificate
- EWS certificate
- PwD certificate
- Affidavit for a gap in studies
- Passport-size photographs
BhopalPvtUjjainPvtCommonly asked questions On Best MBA Colleges in Madhya Pradesh 2026: Fees, Ranking, Admission, Courses, Salary
The placement rate for UG (4-year) and UG (5-year) courses has improved over the past three years (2020 to 2022). On the other hand, a fluctuating trend was observed in the PG (2-year) and PG (3-year) placement trends. Refer to the below table to know the LNCT University placement rate trends:
| Course | Placement Rate (2020) | Placement Rate (2021) | Placement Rate (2022) |
|---|---|---|---|
| UG (4-year) | 96% | 100% | 100% |
| UG (5-year) | 59% | 59% | 64% |
| PG (2-year) | 100% | 96% | 100% |
| PG (3-year) | 100% | 64% | 75% |
NOTE: The above percentage is calculated from the details given in the NIRF report 2023.
Avantika University MBA admission has been commenced by the University and the candidates who want to take admission to the MBA programme must apply for admission on the official website of the University.
Students willing to pursue an MBA from Avantika University must appear for the entrance exams followed by a personal interview round. Students must apply for the Avantika Management Aptitude Test conducted by the university for MBA admission. Further, before applying for the exams candidates must make sure to have valid MBA eligibility criteria.
Eligibility Criteria: Class 12 or equivalent examination from any stream and must have obtained at least 50% aggregate in all subjects with proficiency in the English language.
The application process for Technocrats Institute of Technology (TIT) requires students to complete the admission process for the desired course. Students can complete the process by following the steps listed below:
Step 1: Visit the official website of the institute.
Step 2: Click on the "Admission Enquiry" button on the top of the home page.
Step 3: Fill out the enquiry form by providing the specified information.
Step 4: Submit the form.
Step 5: Someone from the admission team will connect with the student for further assistance.
BhopalPvtCommonly asked questions On Best MBA Colleges in Madhya Pradesh 2026: Fees, Ranking, Admission, Courses, Salary
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.
BhopalGovtMadhya Pradesh - OtherGovt- Colleges in Madhya Pradesh
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