Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements
Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements
There are about 130+ best MBA colleges in Indore. Of 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 Indore. IIM 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.
Latest Update:
- The XAT registration 2025 last date has been extended to Dec 10, 2024. Candidates can visit and register themselves on the official website. Further, the XAT 2025 exam will be conducted on Jan 5, 2025.
-
ATMA 2025 Dec session registrations are open for admission to MBA/MMS/PGDM courses; the last date is Dec 9, 2024. Th
There are about 130+ best MBA colleges in Indore. Of 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 Indore. IIM 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.
Latest Update:
- The XAT registration 2025 last date has been extended to Dec 10, 2024. Candidates can visit and register themselves on the official website. Further, the XAT 2025 exam will be conducted on Jan 5, 2025.
-
ATMA 2025 Dec session registrations are open for admission to MBA/MMS/PGDM courses; the last date is Dec 9, 2024. The ATMA 2025 exam for the Dec session will be held on Dec 22, 2024.
- The MAT 2024 registration process for the December session is open for the CBT Phase 1 exam, and the last date is Nov 30, 2024. For PBT and CBT Phase 2 exams, the registration ends on Dec 7 and Dec 15, 2024, respectively. Further, MAT 2024 CBT Phase 1, PBT, and CBT Phase 2 exams will be scheduled on Dec 7, Dec 14, and Dec 22, 2024, respectively.
Table of Contents
- Best MBA Colleges in Indore: Highlights 2024
- Best MBA Colleges in Indore with NIRF Ranking 2024
- Best MBA Colleges in Indore: Admissions 2024
- Best MBA Colleges in Indore: Exam Schedule 2024
- Best Private MBA Colleges in Indore
- Best Govt. MBA Colleges in Indore
- Distance MBA Colleges in Indore
- Best MBA Colleges in Indore: Fees vs Salary
- Highest Salary Offered by Best MBA Colleges in Indore
- Low-cost MBA Colleges in Indore
- Specialisations Offered by Best MBA Colleges in Indore
- Best MBA Colleges in Indore: Cutoff 2024
- Best MBA Colleges in Indore: Comparison
Best MBA Colleges in Indore: Highlights 2024
One of the most well-liked post-graduate courses in Indore is the MBA. The two-year curriculum serves as a platform for numerous corporate job options. The majority of institutions shortlist applicants based on their exam results, academic performance, and work experience. After being shortlisted, these individuals must subsequently show up for a Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI). A merit list is then created by the relevant B-schools after this.
The table below mentions key highlights of the MBA institute in Indore:
Parameters |
Statistics |
---|---|
No. of MBA Colleges |
130+ |
Annual Fees |
INR < 1 lakh: 63 colleges INR 1-2 lakh: 45 colleges INR 2-3 lakh: 13 colleges INR 3-5 lakh: 8 colleges INR > 5 lakh: 9 colleges |
Top Specialisations |
Finance, Sales & Marketing, Human Resources, International Business, IT & Systems, Operations, 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 Indore with NIRF Ranking 2024
The Ministry of Education created the National Institute of Ranking Framework (NIRF) to rank the top 100 colleges in India across several academic fields. Five factors—Teaching, Learning, and Resources; Research and Professional Practice; Graduation Outcomes; Outreach and Inclusivity; and Peer Perception—are used to determine the NIRF ranking.
Check out the list of MBA institute in Indore as per NIRF ranking over the past three years, i.e. from 2022 to 2024:
College Name |
NIRF 2022 |
NIRF 2023 | NIRF 2024 |
---|---|---|---|
7 |
8 | 8 |
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 Indore: Admissions 2024
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.
Best MBA Colleges in Indore: Exam Schedule 2024
The most popular entrance exams accepted in best management colleges in Indore are:
- CMAT: Common Management Admission Test (CMAT) is a business aptitude test conducted by the National Testing Agency (NTA) for admission to MBA/PGDM courses. Earlier, it used to be conducted by AICTE. CMAT is the third most popular MBA entrance exams in India after CAT and XAT. 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.
- CAT: Common Admission Test or CAT is a national level management aptitude test conducted by the IIM for admission to MBA courses offered by its 21 campuses (NITIE Mumbai has been added to the cluster as IIM Mumbai). CAT score is also accepted by over 1,200 B-schools in India. Over two lakh candidates apply for the CAT exam every year. In CAT 2024, applications touched the record high of 3.30 lakh.
Listed below are the following admission dates for MBA top colleges in Indore:
Exam Name |
Dates |
Schedule |
---|---|---|
ATMA 2024 Exam |
22 Dec '24 |
|
CAT Exam 2024 |
24 Nov '24 |
|
MAT CBT Exam 2024 | 18 Aug '24 (completed) |
|
XAT Exam 2025 |
5 Jan ‘25 |
Which are the most popular MBA Exams in Indore?
The most popular entrance exams for studying MBA in Indore are CMAT and DAVV CET. Refer to the table below to get a detailed overview of the entrance exams accepted in top management colleges in Indore:
Preparing for CAT 2024?
- Click to practice Q&A for Verbal Ability and Q&A for Quantitative Aptitude.
- Click here for CAT Article
Read more about CAT, MAT, and CMAT Mock tests:
- Download CAT Previous Years Question Papers
- Free Online CAT Mock Test Series
- CMAT Mock Test
- MAT Mock Test
Best Private MBA Colleges in Indore
The table below shows the private top management colleges in Indore along with their total tuition fees/seat intake and entrance exams/eligibility criteria:
College Name |
Total Tuition Fee/Seat Intake |
Entrance Exam/ Eligibility Criteria |
---|---|---|
Jaipuria Indore - Jaipuria Institute of Management Admission |
INR 12 lakh Seats: 180 |
Entrance Exam: CAT, MAT, XAT, CMAT Candidates must hold a bachelor’s degree with a minimum of 50% aggregate |
INR 3 lakh Seats: 900 |
Entrance Exam: CMAT Candidates must have passed in Bachelor’s in a relevant stream with at least 50% marks as an aggregate. |
|
INR 2 lakh – INR 18 lakh Seats: 840 |
Entrance Exam: SEE, CAT, XAT, MAT Bachelor's degree with at least 50% aggregate |
|
INR 1 lakh Seats: 120 |
Entrance Exam: CMAT |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Syllabus
Best Govt. MBA Colleges in Indore
The table below shows the government top MBA colleges in Indore with fee structure/seat intake and entrance exams/eligibility criteria:
College Name |
Total Tuition Fee/Seat Intake |
Entrance Exam/Eligibility Criteria |
---|---|---|
INR 17 lakh – INR 35 lakh Seats: 212 |
Entrance Exam: CAT UG degree with 50% aggregate |
|
INR 90,000 - INR 2 lakh Seats: 13,230 |
Entrance Exam: CMAT, CUET-PG, CAT, MAT, XAT Bachelor’s degree with at least 45% aggregate or an equivalent grade |
|
INR 2 lakh Seats: 240 |
Entrance Exam: CUET-PG, CMAT, MPMET |
|
INR 57,000 Seats: 61 |
NA |
Disclaimer: This information is sourced from the official website/ sanctioning body and may vary.
READ MORE: MBA Admission 2024
Distance MBA Colleges in Indore
There are about 9 top distance MBA colleges in Indore. Some of them are mentioned below along with their total tuition fees:
Distance MBA Colleges | Tuition Fee |
---|---|
DAVV | INR 72,000 |
Indian School of Business Management & Administration | INR 24,000 - INR 50,000 |
Institute of Management Technology- Center for Distance Learning | INR 2 lakh |
Symbiosis Centre for Distance Learning, Indore | INR 18,000 - INR 30,000 |
Team Adhyan | INR 69,000 |
Disclaimer: This information is sourced from the official website.
Best MBA Colleges in Indore: Fees vs Salary
Return on Investments, or ROI, aids in educating students about the advantages of enrolling in the course in terms of the return they would receive once the course is completed. When choosing between institutions for admission, ROI might be taken into account. The benefit increases as the ROI rises. Check the table below to know the top MBA colleges in Indore with fee structure and its average placement package:
College Name |
Total Course Fee |
Annual Median Package |
---|---|---|
INR 17 lakh – INR 35 lakh |
INR 22 LPA - INR 27 LPA |
|
INR 90,000 - INR 2 lakh |
INR 5 LPA - INR 7 LPA |
|
INR 2 lakh |
INR 5 LPA |
|
INR 3 lakh |
INR 5 LPA |
|
INR 2 lakh – INR 18 lakh |
INR 3 LPA |
|
INR 1 lakh |
INR 4 LPA |
Disclaimer: The above statistics are based on the latest data.
Learn more about MBA colleges in other locations:
- MBA Colleges in Madhya Pradesh
- MBA Colleges in Bhopal
- MBA Colleges in Gwalior
- MBA Colleges in Jabalpur
- MBA Colleges in Ujjain
- MBA Colleges in Dewas
READ MORE: Career After MBA
Highest Salary Offered by Best MBA Colleges in Indore
Below is the list of a few top companies in India that recruit graduates from MBA colleges in Indore along with their placement package:
College Name |
Placement Package |
Top Recruiters |
---|---|---|
INR 22 LPA - INR 27 LPA |
Google, Amazon, Amway, IBM, American Express, etc. |
|
Prestige Indore Placements | INR 5 LPA | TCS, EY, Infosys, ICICI Bank, Deloitte, S&P Global, etc. |
Disclaimer: This information is sourced from the official website/ media reports/ NIRF website and may vary.
READ MORE: Career After MBA
Low-cost MBA Colleges in Indore
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 Colleges | Total Tuition Fee |
---|---|
Lal Bahadur Shastri Institute of Technology and Management | INR 78,000 |
DAVV - Devi Ahilya Vishwavidyalaya | INR 90,000 |
Sushila Devi Bansal College of Technology | INR 97,000 |
Sri Aurobindo Institute of Technology | INR 99,000 |
Indore Management Institute and Research Centre | INR 78,000 |
Disclaimer: This information is sourced from the official website.
Specialisations Offered by Best MBA Colleges in Indore
The table below shows the top specialisations offered by various MBA colleges in Indore along with their number of colleges:
Best MBA Colleges in Indore: Cutoff 2024
The table below shows the CAT cut-off 2024 for top MBA colleges Indore:
College Name | General Category | SC Category | ST Category | OBC Category | EWS Category | PWD Category |
---|---|---|---|---|---|---|
IIM Indore Cut off 2024 | 90 | 60 | 45 | 80 | 90 | 45 |
*Note: The above-mentioned cutoff date is an estimated cutoff; the actual data might vary.
Best MBA Colleges in Indore: Comparison 2024
Here is the list of the comparison of the MBA colleges Indore:
Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements
Commonly asked questions On Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements
Q: How many MBA colleges are there in Indore?
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 Indore. IIM 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?
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?
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 2023 | NIRF 2024 |
---|---|---|---|
7 | 8 | 8 |
Q: What are the affordable MBA colleges in Indore?
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 Colleges | Total Tuition Fee |
---|---|
Lal Bahadur Shastri Institute of Technology and Management | INR 78,000 |
DAVV - Devi Ahilya Vishwavidyalaya | INR 90,000 |
Sushila Devi Bansal College of Technology | INR 97,000 |
Sri Aurobindo Institute of Technology | INR 99,000 |
Indore Management Institute and Research Centre | INR 78,000 |
Panache Academy, Indore
Commonly asked questions 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?
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?
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?
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?
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 Placements | INR 5 LPA | TCS, EY, Infosys, ICICI Bank, Deloitte, S&P Global, etc. |
Commonly asked questions On Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements
Q: How to prepare for CAT exam?
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?
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?
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?
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 |
Commonly asked questions On Best MBA Colleges in Indore: Ranking 2024, Fees, Admissions, Courses, Placements
Q: Which college is better for an MBA, Prestige Indore or Acropolis Indore?
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 |
---|---|---|
INR 2 lakh | INR 5 LPA | |
INR 1 lakh | INR 4 LPA |
Q: When should I start preparing for MBA entrance exam?
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?
There are about 9 top distance MBA colleges in Indore. Some of them are mentioned below along with their total tuition fees:
Distance MBA Colleges | Tuition Fee |
---|---|
DAVV | INR 72,000 |
Indian School of Business Management & Administration | INR 24,000 - INR 50,000 |
Institute of Management Technology- Center for Distance Learning | INR 2 lakh |
Symbiosis Centre for Distance Learning, Indore | INR 18,000 - INR 30,000 |
Team Adhyan | INR 69,000 |
- Colleges in Indore
- Colleges in India
- Colleges in Madhya Pradesh
- Top MBA Colleges in Indore 2024
- Top MBA Colleges in Madhya Pradesh 2024
- Top Private MBA Colleges in India 2024
- Top IIMs in India 2024
- Top MBA Colleges in India 2024
- MBA Colleges accepting CAT in India
- MBA Colleges accepting MAT in India
- MBA Colleges accepting SNAP in India
- MBA Colleges accepting XAT in India