Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements

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Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements

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17.25 L - 35 L
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On Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements

Q:   How many MBA colleges are there in Indore?

A: 

There are a total of 100+ best MBA colleges in Indore. Among these, 98 colleges are privately owned and 6 colleges are owned by public/government organisations. CMAT, CAT, MAT, XAT, and ATMA are some of the most accepting entrance exams in top MBA colleges in IndoreIIM Indore, Jaipuria Indore, Prestige Institute of Management and Research, IPS Academy Institute of Business Management and Research, SAGE University, Shivajirao Kadam Institute of Technology & Management, Shri Vaishnav Institute of Management, etc. are some of the popular MBA colleges in Indore.

Q:   Is it worth joining MBA colleges in Indore?

A: 

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

College Name

Total Course Fee

Annual Median Package

IIM Indore MBA

INR 17 lakh – INR 35 lakh

INR 22 LPA - INR 27 LPA

Devi Ahilya Vishwavidyalaya (DAVV) MBA

INR 90,000 - INR 2 lakh

INR 5 LPA - INR 7 LPA

Devi Ahilya Vishwavidyalaya, Takshasila Campus MBA

INR 2 lakh

INR 5 LPA

Prestige Institute of Management and Research MBA

INR 3 lakh

INR 5 LPA

SAGE University MBA

INR 2 lakh – INR 15 lakh

INR 3 LPA

Acropolis Institute of Technology and Research MBA

INR 1 lakh

INR 4 LPA

Q:   Which is the No. 1 MBA college in Indore as per NIRF 2024?

A: 

IIM Indore emerged to be as the No. 1 MBA college in Indore. Listed below is the NIRF ranking of past three years:

College Name

NIRF 2022

NIRF 2023NIRF 2024

IIM Indore Ranking

7

88

Q:   What are the affordable MBA colleges in Indore?

A: 

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

Low-cost CollegesTotal Tuition Fee
Lal Bahadur Shastri Institute of Technology and ManagementINR 78,000
DAVV - Devi Ahilya VishwavidyalayaINR 90,000
Sushila Devi Bansal College of TechnologyINR 97,000
Sri Aurobindo Institute of TechnologyINR 99,000
Indore Management Institute and Research CentreINR 78,000
12.75 L
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On Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements

Q:   What is the eligibility criteria to get admission in top MBA colleges in Indore?

A: 

The eligibility criteria for MBA courses may vary across institutes offering the same. However, the basic eligibility criteria prescribed by the Universities Grants Commission for MBA in best management colleges in Indore is as follows:

  • Candidates passing a bachelor’s level examination irrespective of the discipline from a recognised institute are eligible to pursue an MBA degree course.
  • An institute might follow minimum aggregate score criteria of 50 percent in the qualifying exam for unreserved category candidates and 45% aggregate for reserved category candidates.
  • For admissions, institutions also conduct entrance exams like CAT, MAT, CMAT, XAT, and many others.

Q:   Can I do MBA without giving any entrance exam?

A: 

In rare circumstances, it is possible to pursue an MBA without taking any entrance exam. The CAT, MAT, GMAT, XAT, and other standardized entrance exams are required for admission to many MBA programs worldwide. 

If you are not planning to take the CAT in 2024, listed below are some direct admission eligibility criteria to help you be accepted into MBA programs.

  • The minimum score required in the UG level examination may differ from one college to another, however, the student must have scored at least 50%-65% aggregate in his or her graduation.
  • For the reserved category, the score should at least be 45% aggregate.
  • Some institutes accept other competitive exam scores such as XAT, MAT, GMAT, NMAT, ATMA, SNAP, etc.

If you did not appear for the CAT exam and still wish to get admission to the best MBA colleges in India without CAT, then, here is a list of top MBA institutes that give admissions based on different entrance criteria or exams.

MBA Colleges/ Institutes

MBA Exam Score Accepted

SIBM, Pune

SNAP

XLRI, Jamshedpur

XAT

Xavier University, Bhubaneshwar

XAT, X-GMT

Indian School of Business, Hyderabad

GMAT

Amity University

XAT/GMAT/MAT/CAT/NMAT

 

Q:   What is a good score in CMAT for admission to top MBA colleges?

A: 

Ideally, one would say that 99-100 percentile is good for MBA Admission. However, it is not possible for all candidates to score so high. So, what shall be considered a good score in CMAT. A good CMAT score is basically a score that will get you a seat in your desired college. So, if you desire a Tier 1 college, a good score in CMAT will be 85 percentile and above. If you desire a Tier 2 college, a good score in CMAT will be 70-85 percentile and for a Tier 3 college, less than 70 percentile in CMAT will be good. Now, if you want to understand CMAT. Score in terms of percentile, so that while giving the exam you know how much raw score is needed to get the required percentile for the desired college, you need to know how much CMAT score is equal to percentile. About 340-350 score is equal to 100 percentile in CMAT About 281-340 score is equal to 90-99.99 percentile in CMAT About 201-280 score is equal to 81-89 percentile in CMAT About 171-200 score is equal to 71-80 percentile in CMAT About 140-171 score is equal to 61-70 percentile in CMAT About 116-140 score is equal to 51-60 percentile in CMAT.

Q:   Which MBA colleges in Indore are good in placements?

A: 

IIM Indore offered the highest placement package ranking from INR 22 LPA - INR 27 LPA. Prominent recruiters participated include Google, Amazon, Amway, IBM, American Express, etc.

Listed below are the top MBA colleges in Indore along with their placement package:

College Name

Placement Package

Top Recruiters

IIM Indore Placements

INR 22 LPA - INR 27 LPA

Google, Amazon, Amway, IBM, American Express, etc.

Prestige Indore PlacementsINR 5 LPATCS, EY, Infosys, ICICI Bank, Deloitte, S&P Global, etc.
78 K - 1.22 L
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1.5 L - 17.5 L
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On Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements

Q:   How to prepare for CAT exam?

A: 

A well-balanced approach is essential for success in the CAT exam, aspirants must be aware. Six to eight hours of daily study time must be included in the CAT 2024 preparation schedule. Working professionals must set aside at least four hours each day and eight hours on weekends for preparation. You must concentrate on the most crucial subjects that will help you earn good marks during the last stage of exam preparation. See the generic CAT exam preparation technique listed below, which any applicant can use to create a comprehensive study schedule.

Step 1: Carefully review the CAT 2024 syllabus and comprehend the CAT exam pattern 2024.

Step 2: Obtain  CAT books and other suggested literature.

Step 3: Join online MBA study groups on sites like Facebook, WhatsApp, Quora, YouTube, and Telegram.

Step 4: Create a monthly schedule, a weekly schedule, and a daily schedule.

Step 5: For the best outcomes, follow the timetable and preparation plan for the CAT.

To Read More: How to prepare for CAT entrance exam?

Q:   Is CMAT easier than CAT?

A: 

Yes, CMAT is much easier that CAT exam. Despite the fact that CMAT and CAT syllabus are same and that CMAT has two more sections than CAT the former is much easier than the latter. The CAT exam is usually of moderate to high difficulty level, whereas the CMAT exam is of easy to moderate difficulty level.

There are key differences between CMAT and CAT which make the former easier. There is no sectional time limit in CMAT so candidates do not face the pressure of completing a given section within certain time limit. In CAT there are 4-5 Reading Comprehension passages which are 500-600 words, and 12-14 question.

In CMAT there is usually, only one Reading Comprehension passage, having 4 questions. The Quantitative Aptitude questions of CMAT are also easier than CAT and so are Logical Reasoning and Data Interpretation questions. It is easier to score high percentile in CMAT as the number of applicants is more than one Lacs less in CAT.

Q:   What job profiles are available to students after completing an MBA degree?

A: 

Hi, Following an MBA, the highest-paying jobs in India range in salary from INR 5 to 30 LPA. Following are some of the well-liked post-MBA career possibilities and their associated salaries:

MBA job profiles

Average salary (INR)

Finance Manager

17.3 LPA

Marketing Manager

12.5 LPA

Sales Manager

6.6 LPA

Human Resources Manager

12.1 LPA

Operations Manager

10.7 LPA

Product Manager

20.8 LPA

Data Analytics Manager

29.4 LPA

Digital Marketing Manager

11.8 LPA

NOTE: The above mentioned salaries has been taken from Ambitionbox, therefore it may vary in future.

 

Hope this information proves beneficial for you!!

Q:   What are the private MBA colleges in Indore?

A: 

The table below shows the private top management colleges in Indore along with their total tuition fees/seat intake:

College Name

Total Tuition Fee/Seat Intake

Jaipuria Indore - Jaipuria Institute of Management Admission

INR 12 lakh

Seats: 180

Prestige Institute of Management and Research Admission

INR 2 lakh

Seats: 1,200

SAGE University Admission

INR 2 Lacs – INR 15 lakh

Seats: 780

Acropolis Institute of Technology and Research Admission

INR 1 lakh

Seats: 120

 

1.28 L
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Q:   Which college is better for an MBA, Prestige Indore or Acropolis Indore?

A: 

The table below shows the total tuition fee and placement package of both Presity University Indore and Acropolis Indore:

College Name

Total Course Fee

Annual Median Package

Prestige Institute of Management and Research MBA

INR 2 lakh

INR 5 LPA

Acropolis Institute of Technology and Research MBA

INR 1 lakh

INR 4 LPA

Q:   When should I start preparing for MBA entrance exam?

A: 

In the final year of graduation, preparation for an MBA begins. The majority of management aspirants begin their preparation as soon as they begin their third year of their bachelor's degree programme because it takes months to properly prepare for MBA entrance exams. However, there are a lot of challenges in preparing for an MBA entrance exam, including the lengthy syllabus, the difficulty of the questions, and the degree of competition. 

Here are some suggestions to help you study for your MBA entrance exams:

  • Study the fundamental grammatical and writing principles for the verbal segment to become familiar with the language's structure.
  • To hone their quantitative abilities, students should complete a lot of practice exams and sample papers.
    Create a schedule and follow it
  • Students should not overstress themselves and should get enough rest.

Q:   What are the top distance MBA colleges in Indore?

A: 

There are about 9 top distance MBA colleges in Indore. Some of them are mentioned below along with their total tuition fees:

Distance MBA CollegesTuition Fee
DAVVINR 72,000
Indian School of Business Management & AdministrationINR 24,000 - INR 50,000
Institute of Management Technology- Center for Distance LearningINR 2 lakh
Symbiosis Centre for Distance Learning, IndoreINR 18,000 - INR 30,000
Team AdhyanINR 69,000
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1.2 L - 1.72 L
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