Top MBA Colleges in Indore 2025: Ranking, Fees, Admission, Courses, Placements

Known as the financial capital of Madhya Pradesh, Indore is also an educational hub for post-graduate studies. It is the only city in the country to have campuses of both the Indian Institute of Management (IIM Indore) and the Indian Institute of Technology (IIT Indore).

For MBA admissions, this city can prove to be an ideal location because of its emerging corporate culture and well-recognised export houses. Not only does the city offer an abundance of career options, but the students get quality education at very affordable prices resulting in high return on investment. Top MBA colleges in Indore include IIM Indore, Indore Institute of Management and Research, Jaipuria Institute of Management, Narsee Monjee Institute of Management Studies (NMIMS) and Symbiosis University of Applied Sciences (SUAS) among others.

Admission criteria for the top MBA colleges in Indore

If you are planning to pursue MBA, then the best MBA colleges in Indore require a good score in CAT/MAT/XAT/CMAT/GMAT. In case you have already appeared for any one or multiple exams, then you can check out the different percentile requirements for exams such as CAT, XAT and MAT among others. 

Placement prospects

As per India Brand Equity Foundation (IBEF), Madhya Pradesh adds around 2,70,000 graduates to the workforce each year, of which around 90,000 have technical skills. At labour costs of $3.7 per day, the state has a significant cost advantage over the metro cities. With the growing infrastructure in Indore’s colleges, placements in MBA have taken a rise. With around 33 per cent of the region as forests, Madhya Pradesh has enormous potential for drug, wood & agro-based commercial enterprises.

Popular MBA specialisations

The most preferred MBA specialisation in Indore is finance, as Indore is known the financial capital after Mumbai. Other than finance, specialisations that are offered in Indore are Human Resource, Sales & Marketing, International Business, Retail Management and others. Specialisations related to sales and trading are more prominent, as the city majorly deals with goods and trading.