Top 10 MBA colleges in Indore

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Updated on Nov 13, 2019 12:06 IST

This article provides you with information about the 10 best MBA colleges in Indore with details of the college placements and fees.

Indore is one of the most developed cities in the state of Madhya Pradesh and is one of the biggest industrial hubs in the state. MBA in Indore is a great opportunity for students as there are a huge number of opportunities for completing your MBA degree at a marginal cost of education and quality education. The return on investment will also be high as there are huge opportunities in placements, as Indore being an industrial hub would provide ample opportunities for the students. The commercial activity in the city is great as well as there is a booming corporate culture around the city with well-recognised export houses which requires managers as well as being the financial capital of the state of Madhya Pradesh it is an ideal place for completion of your MBA degree.

1. IIM Indore

It is one of the 20 finest business schools in India and as we know how tough it is to get into one of the 20 IIM’s in the country. IIM Indore is a self-governing public business school which was established in the year 1996. It has been accredited by the association of MBA’s (AMBA) which is UK based accreditation agency. It provides one-year full-time executive PGDM and five-year Integrated Programme in Management. It provides a range of unique specializations in the post-graduate in management programme like that of Strategic, Economics Finance, Control and Accounting, Quantitative Methods and Operations Management and many more. One can get admission through CAT entrance exam only. The total fee is Rs 16 lakh. The highest placement package is Rs 40.5 lakh per annum and the average placement package is Rs 20.79 lakh per annum.

2. Jaipuria Institute of Management (JIM), Indore

It is considered one of the most premier B-schools in the country and has four campuses all across India. JIM was established in 2010 and is a private institute approved by the AICTE, AIU, and NBA. It is equipped with world-class facilities and infrastructure. The institute offers two years PGDM programme in various specializations. The admission to the college is done on the basis of CAT, XAT, MAT, CMAT entrance exams. The placements are very good at this institute. The total course fees are Rs 6.95 lakh. The highest package is of Rs 18 lakh per annum and the average placement package is Rs 6.7 lakh per annum.

3. Amity Global Business School, Indore

The institute is one of the most reputed chains of Business Schools in India and the Indore campus was established in the year 2008. Amity Global Business School is a private university and institute recognized by the AICTE and the UGC. It provides an integrated PGPM+MBA programme of two years which can be done after graduation. The institute provides excellent placement opportunities. The total course fee is Rs 3.65 lakh. The highest placement package is of Rs 6.66 lakh per annum.

4. SAGE University

It is a comparatively new institute established in the year 2017. SAGE University is established under the reputed Sagar Group of Education Society which has been awarded the best emerging university of central India. The SAGAR group has been providing education since 1983 and has more than 9000 students learning under them. It has been approved by the AICTE, UGC, and PCI. It is a private university and provides two years full-time MBA in various specialisations. The total course fee is Rs 0.71 lakh. The highest placement package is of Rs 12.02 lakh per annum and the average placement package is of Rs 5.6 lakh per annum.

5. Devi Ahilya Vishwavidyalaya (DAV), Indore

It is one of the best management institutes in Indore under the public universities of the state government. DAV was established in 1964 and approved by the UGC and provided grade ‘A’ accreditation by the NAAC. It is also a member of AIU and provides various specializations in full time as well as distance MBA degree. The total course fee is Rs 0.81 lakh.

6. International Institute of Professional Studies (IIPS), Indore

It is one of the best public institutes in Indore for MBA. IIPS was formerly known as the University of Indore and established in the year 1964. It is recognized by the UGC and the AICTE. It falls under the DAV University mentioned above and provides various specializations in a two-year full-time MBA degree. The total course fee is Rs 1.58 lakh. The highest placement package is Rs 8 lakh per annum and the average placement package is Rs 2 lakh per annum.

7. Chameli Devi Group of Institution, Indore

Chameli Devi School of Management is one of the prominent parts of the Chameli Devi Group of institutions established in the year 2006. It is recognized by the AICTE and provides an excellent education in various specializations of two-year full-time MBA degree. The marks card of CMAT is essential for admission and graduation in any relevant programme from a recognized institute. The total course fee is Rs 1 lakh. The highest placement package is Rs 6 lakh per annum and the average is Rs 4 lakh per annum.

8. Prestige Institute of Management and Research (PIMR), Indore

It is one of the premier management institutes in Indore and is affiliated to the DAV University. PIMR was established in the year 2006 and is approved by the AICTE and accredited with grade ‘A’ by the NAAC. It provides a wide range of specializations in two-year full-time MBA degree and requires marks card from CMAT for admission. It is a private autonomous institute and provides great placement abilities. The total course fee is Rs 2.36 lakh. The highest placement package is Rs 14 lakh per annum and the average placement package is Rs 4.5 lakh per annum.

9. Lal Bahadur Shastri Institute of Technology and Management (LBSITM), Indore

It is one of the premier B-Schools established in the city of Indore providing quality education in technology and Management. LBSITM is recognized by the AICTE and MHRD and provides a wide range of specializations in two-year full-time PGDM degree. It requires entrance examinations score card of CAT, CMAT, XAT, CET, MAT, NMAT, LBSMAT any of those. The highest package offered is Rs 8.75 lakh per annum and average placement is Rs 3 lakh per annum.

10. Symbiosis University of Applied Sciences (SUAS), Indore

It was established in 2016 by the Prime minister of India under the Make in India initiative. SUAS has collaborations with over 20 industries in India and is approved by the UGC. It is a private establishment under the Symbiosis University which is an autonomous body. It provides various specializations of two-year full-time MBA programmes. The total course fees are Rs 5.7 lakh. The placement opportunities are good in the college.