Top MBA Colleges in Indore

Top MBA Colleges in Indore

Top MBA Colleges in Indore; one of the major cities of Madhya Pradesh, is a center of education and learning. Indore city is an ideal choice for those seeking management education in a culturally rich environment. The city has significant heritage buildings and greenery.

There are various MBA/PGDM colleges in Indore. Of these top MBA/PGDM colleges in Indore, around 4 are government colleges and 76 are privately owned colleges. Most of the colleges offering MBA/PGDM in Indore are private colleges.

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About Indore

Indore, also known as the commercial capital of Madhya Pradesh, with its unique position as the education hub of the state, offers greater corporate interface availability which makes it an ideal choice for studying MBA/PGDM.

Master of Business Administration (MBA) Post Graduate Diploma in Management (PGDM) is one of the most popular postgraduate programs in Indore. The 2 years MBA/PGDM program is a gateway to a plethora of job opportunities in the corporate world for students. Indore has relatively good connectivity and has been a center of trade and commerce which also offers diverse and high employment options. Indore has the largest economy in central India and is the trading and trading capital of the state. Indore is home to several FDI companies like Bridgestone, Force Man Trucks,  Caparo, Eicher Volvo, Liu Gong, and AVTech Ford.

MBA in Indore accepts the marks

Best colleges for MBA in Indore accept the marks obtained by the candidates in several national or state-level entrance exams including CMAT, CAT, MAT, XAT, ATMA, DAVV CET, MPMET, NMAT, SNAP, ACET, etc.

Reasons to do MBA in Indore

Indore Education is a great option for students who wish to pursue their management education. Indore is one of the most populous cities in India, and due to the presence of prestigious universities like IIM-Indore and other notable institutions, many students from all over the country come to Indore to pursue higher education. Being one of the most important cities of Madhya Pradesh, it is the educational and learning capital of the state. Due to the many companies and IT parks that surround the city, it is considered an industrial center and also a commercial hub. Due to its proximity to industries, MBA in Indore ensures better placements and allows students to gain practical experience. Various parts of the city are connected by efficient public transportation systems, and additional innovations are being added to enhance the system. Most of the institutions in Indore are affiliated with Devi Ahilya Vishwavidyalaya, one of the oldest universities in India formed in 1964. Indore is a wonderful city to pursue higher education as it efficiently shapes the professional paths of students.

One can experience splendid buildings and splendid architectural treats at this culturally significant place. Indore is home to some of the most prestigious institutions in India, including the Indian Institute of Management and Devi Ahilya Vishwavidyalaya. Indore is considered one of the emerging educational centers in India. This article will give you a list of the top 50 MBA colleges in Indore along with more details about the specialization offered and the eligibility criteria.

List of MBA Colleges in Indore

S. No Institute NameShort Name of      InstituteCoursesFeesEligibility
1Indian Institute of Management, IndoreIIMI IndoreMBA/PGDM Courses  17.25 L – 30 LCAT IPMAT
2Jaipuria Indore – Jaipuria Institute of Management IndoreJIJIM IndoreMBA/PGDM Courses8.75 LCAT, MAT, CMAT, XAT
3Prestige Institute of Management and Research (PG Campus) IndorePIMR IndoreMBA/PGDM Courses2.38 LCMAT
4Indore Institute of Management and Research IndoreIIMR IndoreMBA/PGDM Courses1.22 LCMAT DAVV CET
5NMIMS University, IndoreNMIMSU IndoreMBA/PGDM Courses13.82 L – 15 LNMAT NMIMS CET
6 Devi Ahilya Vishwavidyalaya IndoreDAVV IndoreMBA/PGDM Courses28 KCUET-PG
7Medi-Caps University IndoreMCU IndoreMBA/PGDM Courses2.05 LCAT, MAT, CMAT
8Devi Ahilya Vishwavidyalaya, Takshashila Campus IndoreDAVTC IndoreMBA/PGDM Courses50 K – 2.1 LCMAT, CUET-PG, DAVV CET, MPMET
9IPS Academy IndoreIPSA IndoreMBA/PGDM Courses2.3 LCMAT
10Symbiosis University of Applied Sciences IndoreSUOAS IndoreMBA/PGDM Courses11.3 LCAT, MAT, MAH CET, SNAP, CMAT, XAT
11Prestige Institute of Engineering Management and Research IndorePIEMR IndoreMBA/PGDM Courses3.14 LCAT, MAT, CMAT, XAT, GMAT, ATMA
12SAGE University, IndoreSAGEU IndoreMBA/PGDM Courses1.2 L – 3.44 LSEE
13Sushila Devi Bansal College of Technology IndoreDSBCT IndoreMBA/PGDM Courses96.6 kCMAT DAVV CET
14Prestige University IndorePU Indore  MBA/PGDM Courses1 LCAT XAT
15Malwa Institute of Technology IndoreMIT IndoreMBA/PGDM Courses1.05 LCAT, CMAT, MPMET, DAVV CET
16Oriental University IndoreOU IndoreMBA/PGDM Courses83 K – 1.43 LCAT MAT
17Astral Institute of Technology and Research (Astral) IndoreAITR IndoreMBA/PGDM Courses80.2 KCAT, CMAT, ATMA, MPMET, DAVV CET
18Acropolis Faculty of Management and Research IndoreAFMR IndoreMBA/PGDM Courses1.3 LCMAT DAVV CET
19Govindram Seksaria Institute of Management and Research IndoreGSIMR IndoreMBA/PGDM Courses1.06 LCMAT DAVV CET
20Shri G. S. Institute of Technology and Science IndoreSGSITS IndoreMBA/PGDM Courses2.34 LCMAT DAVV CET
21Shri Vaishnav Institute of Management IndoreSVIM IndoreMBA/PGDM Courses1.2 L – 1.44 LCMAT DAVV CET
22Maharaja Ranjit Singh College of Professional Sciences IndoreMRSCPS IndoreMBA/PGDM Courses1.01 LDAVV CET
23 Sanghvi Institute of Management and Science IndoreSIMS IndoreMBA/PGDM Courses1.3 L – 1.8 LCAT, MAT, CMAT, XAT, GMAT, ATMA, MET, DAVV CET
24Chameli Devi Group of Institutions IndoreCDGI IndoreMBA/PGDM Courses1.03 LCMAT DAVV CET
25Shri RGP Gujarati Professional Institute IndoreSRGPI IndoreMBA/PGDM Courses1 LCMAT DAVV CET
26Pioneer Institute of Professional Studies IndorePIPS IndoreMBA/PGDM Courses1.1 L – 2.54 LCAT, MAT, CMAT, XAT, DAVV CET
27Shivajirao Kadam Institute of Technology & Management IndoreSKITM IndoreMBA/PGDM Courses1.44 L – 2.25 LCMAT
28Lord Krishna College Of Technology IndoreLKCT IndoreMBA/PGDM Courses91.2 KCAT, CMAT, DAVV CET
29Sushila Devi Bansal College of Engineering IndoreSDBCE IndoreMBA/PGDM Courses  77.2 KCMAT DAVV CET
30Arihant Institute of Management and Technology IndoreAIMT IndoreMBA/PGDM Courses1.03 L – 1.24 LCMAT DAVV CET

Link of some Colleges in Indore

https://www.searchurcollege.com/search/college-in-indore

List of MBA Colleges Based on Rankings by NIRF

RankingName of InstituteAgency
#7Indian Institute of Management IndoreNIRF
#64Atal Bihari Vajpayee Indian Institute of Information Technology and Management, GwaliorNIRF
#101-125Jaipuria Institute of Management IndoreNIRF
#101-125Prestige Institute of Management & Research, GwaliorNIRF

Top MBA/PGDM Specializations and Their Scope

MBA specialization allows students to focus on a certain specialized or managerial topic of interest, allowing them to gain knowledge in a particular industry. As a result of the changing competitive landscape and changing market dynamics, globalization and ever-increasing regulations, MBA specializations change throughout time. Finance, international trade, supply chain management, sales and marketing, and human resource management are some of the most sought-after specializations that have remained consistent over time. A comprehensive understanding of the above mentioned MBA specializations is given below.

MBA/PGDM in Human Resource Management (HRM)

MNCs and organizations are actively looking for HR professionals with specialist training in human resources. MBA in Human Resources provides adequate training in people management in organizations. Internships, assessments and other forms of learning are widely used as part of the curriculum to integrate theoretical and practical practical ability to provide students with real-world working experience. The job options after MBA in HR are described below:

  • Talent acquisition specialist
  • HR Generalist
  • Employee relations manager
  • HR consultant
  • Human resource manager
  • HR Executive
  • Support Human Resources
  • Employee relations manager

MBA/PGDM in Finance

An MBA with a Finance concentration can help you advance your career by providing you with the skills you need for the financial sector, such as corporate finance, investment analysis and portfolio management, taxation, risk management, cash flow, capital budgeting, acquisitions and mergers, financial performance and capital costs, and financial modeling. Students learn how to develop and implement ideas and strategic tools that will help them identify, understand and analyze many aspects of the financial business environment. The financial industry has become very important as businesses face new challenges. As a result, finance has become one of the most sought-after specializations, as it provides access to a wide variety of financing options. Some of the job opportunities available after doing MBA in Finance include:

  • Private equity manager
  • Insurance manager
  • Accounting Manager
  • Credit risk manager
  • Financial Analyst
  • Financial advisor
  • Chief Financial Officer
  • Equity analyst
  • Property manager
  • Investment banking manager
  • Retail banking manager
  • Taxation specialist

MBA/PGDM in Sales and Marketing

Marketing involves creating and recognizing changing customer demands, managing sales, controlling worldwide marketing and distribution operations, and ensuring that items are delivered on time, among other things. This expertise provides the knowledge and skills needed to successfully run a marketing department and deliver value to customers and apply a sustainable marketing approach while adopting the new technologies made possible by emerging technologies. Pricing, promotion, branding and customer psychology are some of the topics that are deeply covered to help marketers understand and influence consumer behavior. This course covers sales and marketing operations, customer relationship management, and how technology is used to increase sales force effectiveness, among other topics. Some of the job opportunities available after doing MBA in Sales and Marketing include:

  • Brand manager
  • Product Manager
  • Retailing manager
  • Product marketing analyst
  • Digital marketing executive
  • Marketing Manager

List of Top Private and Government MBA/PGDM Colleges in Indore

Private MBA/PGDM Colleges in Indore

Check out the table below to know some of the top private MBA colleges in Indore:

  • NMIMS University, Indore
  • Jaipuria Institute of Management, Indore
  • Prestige Institute of Management and Research, Indore
  • Symbiosis University of Applied Sciences, Indore
  • Medi-Caps University, Indore

Government MBA/PGDM Colleges in Indore

Check the table below to know the top government MBA/PGDM colleges in Indore:

  • Devi Ahilya University (DAVV), Indore
  • IIM Indore
  • Dr. BR Ambedkar University of Social Sciences, Indore
  • DAVV, Taxila Complex, Indore

ROI of Top MBA/PGDM Colleges in Indore

MBA colleges in Indore provide quality education with high placements. MBA in Indore is a good option as you have good options with quality education at low fees, high return on investment (ROI) in Indore. Check the table below to know the best colleges for MBA in Indore with average annual fee and average placement package:

S. NoName of InstituteFees (INR)Average Placement Package (INR)
1Indore Institute of Management and Research1.22 L3.5 LPA
2IIM Indore15.01 L – 26 L19.4 LPA – 22 LPA
3NMIMS University, Indore13.82 L – 14.54 L6.5 LPA – 7.5 LPA
4Indore Indira Business School3.6 L2 LPA
5Symbiosis University of Applied Sciences11.3 L4.6 LPA
6Prestige Institute of Management and Research2.38 L4 LPA

Eligibility Criteria for Admission in MBA/PGDM Colleges in Indore:

The eligibility criteria for MBA courses in Indore may vary from college to college. However, the basic eligibility criteria for MBA are as follows:

The MBA/PGDM aspirant must have passed or appeared final year of Graduation or equivalent in any discipline from a recognized university. Most of the institutes follow the minimum score criterion in graduation which is 50% aggregate or equivalent CGPA. For reserved category students, the minimum score in aggregate or equivalent CGPA is 45%.

Final year undergraduate students are also eligible to apply for MBA/PGDM, provided they produce proof of completion of bachelor’s degree within the period specified by the institute.

  • Indian Institute of Management, Indore (IIM Indore)
  • NMIMS University, Indore
  • Jaipuria Institute of Management, Indore
  • Prestige Institute of Management and Research, Indore
  • Devi Ahilya University (DAVV), Indore
  • Symbiosis University of Applied Sciences, Indore
  • Indore Institute of Management and Research, Indore
  • Amity Global Business School, Indore
  • Sage University, Indore
  • Institute of Business Management and Research (IBMR IPS), Indore

List of colleges accepting DAVV CET and DAVV CET

DAVV CET, also known as Devi Ahilya Vishwavidyalaya Common Entrance Test, is a management entrance test and the major entrance test for various other PG programmes. Most of the management colleges in the city accept this entrance exam. The highlights of the exam are listed below:

S. NoFeatureDAVV CET
1Exam NameDevi Ahilya Vishwavidyalaya Common Entrance Test
2Exam FrequencyOnce a year
3Total No of. Questions100 Questions
4Exam FeesINR 1500
5Exam LevelState Exam
6Conducting BodyDevi Ahilya Vishwavidyalaya
7Question TypeMCQ Questions

List of Colleges Accepting DAVV CET

  • Apex Institute of Management and Research – AIMR
  • Modern Institute of Professional Studies
  • Shri Aurobindo Institute of Management
  • Mathuradevi Group of Institutions
  • Vindhya Institute of Management and Research
  • Lord Krishna College Of Technology
  • Sahib Institute of Management and Research
  • Madhuban Institute of Professional Studies
  • Malwa Institute of Science & Technology
  • Rishiraj Institute of Technology
  • Techno Engineering College
  • Sanghvi Innovative Academy
  • Shivkumarsingh Institute of Science and Technology
  • Priyatam Institute of Technology and Science

Colleges Accepting CAT, XAT, NMAT, GMAT, and Other Entrance Exam Scores

List of Colleges Accepting CAT score

  • IIM Indore – Indian Institute of Management
  • Medi-Caps University
  • SUAS Indore – Symbiosis University of Applied Sciences
  • Jaipuria Institute of Management
  • Lal Bahadur Shastri Institute of Technology and Management
  • Pioneer Institute of Professional Studies
  • Indore Indira Business School – IIBS Indore
  • Shri Vaishnav Institute of Technology and Science
  • Prestige Institute of Engineering Management and Research
  • International School of Business Administration
  • Vikrant Institute of Business Management
  • Lakshmi Narain College of Technology
  • Rishiraj Institute of Technology
  • Girnar Business School
  • Oxford College of Management
  • Sapient Institute of Management Studies

List of Colleges Accepting XAT score

  • Symbiosis University of Applied Sciences
  • Sanghvi Institute of Management and Science – SIMS
  • Indore Indira Business School
  • Jaipuria Indore – Jaipuria Institute of Management
  • Shri Vaishnav Vidyapeeth Vishwavidyalaya
  • Lal Bahadur Shastri Institute of Technology and Management
  • Pioneer Institute of Professional Studies
  • Vikrant Group of Institutions
  • Prestige Institute of Engineering Management and Research
  • The Sunstone Edge – SAGE Campus

List of Colleges Accepting NMAT score

  • NMIMS University
  • TimesPro
  • Lal Bahadur Shastri Institute of Technology and Management

List of Colleges Accepting GMAT score

  • SIMS – Sanghvi Institute of Management and Science
  • Indore Indira Business School
  • Vikrant Group of Institutions
  • The Sunstone Edge at SAGE Campus
  • Prestige Institute of Engineering Management and Research

List of Colleges Accepting MAT score

  • Symbiosis University of Applied Sciences
  • SIMS – Sanghvi Institute of Management and Science
  • Indore Indira Business School
  • Jaipuria Indore – Jaipuria Institute of Management
  • Shri Vaishnav Vidyapeeth Vishwavidyalaya
  • Lal Bahadur Shastri Institute of Technology and Management
  • Pioneer Institute of Professional Studies
  • Vikrant Group of Institutions
  • The Sunstone Edge at SAGE Campus
  • CH Institute of Management and Commerce

Top Recruiters for MBA/PGDM Graduates

There is a lot of demand for MBA/PGDM graduates from any domain. Below is a list of some of the top companies in Indore that recruit MBA postgraduates along with their placement ratings:

  • Airtel,
  • American Express,
  • Canara Bank,
  • Capital Via,
  • HFFC,
  • HSBC,
  • ICICI Prudential,
  • Jaro Education,
  • Policy Bazaar,
  • Vivo Mobile,
  • Cognizant,
  • Deloitte,
  • Axis Bank,
  • HDFC,
  • Airtel,
  • Paytm,
  • Unilever,
  • Asian Paints,
  • Google,
  • IBM,
  • The Boston Consulting Group,
  • PwC,
  • Goldman Sachs,
  • JP Morgan Chase & Co.,
  • American Express,
  • HUL,
  • Asian Paints,
  • Google,
  • Amazon,
  • ITC, etc.

How Affordable is MBA in Indore?

Based on the above details, it can be inferred that doing an MBA/PGDM in Indore is economical as almost 18% of MBA/PGDM colleges in Indore have course fees below Rs 1 lakh. Some of these MBA/PGDM colleges are:

  • Apex Institute of Management and Research
  • Sushila Devi Bansal College of Technology
  • Devi Ahilya University
  • astral institute of technology and research
  • Vindhya Institute of Technology

The course fees of about 43% of MBA colleges in Indore range between Rs 1-2 lakh. Some of these MBA/PGDM colleges are:

  • Medi-Caps University
  • Sage University
  • Indore Institute of Management and Research
  • Renaissance University
  • Arihant Institute of Management and Technology

There are about 17% MBA/PGDM colleges in Indore that offer courses with a fee range between Rs 2 lakh to Rs 3 lakh. These MBA/PGDM colleges are:

  • Prestige Institute of Management and Research
  • Business Management and Research Institute
  • Pioneer Institute of Professional Studies
  • Idyllic Institute of Management
  • Sage University

Around 14% of MBA colleges in Indore offer MBA courses with fees ranging between Rs 3 lakh to Rs 5 lakh. Some of these MBA/PGDM colleges are:

  • Amity Global Business School
  • Vikrant Group of Institutions
  • Indore Indira Business School
  • Prestige Institute of Engineering Management and Research
  • CH Institute of Management and Commerce

There are only 8% MBA/PGDM colleges in Indore whose course fee is more than Rs 5 lakh. These MBA/PGDM colleges are:

  • IIM Indore
  • Symbiosis University of Applied Sciences
  • NMIMS University
  • Jaipuria Indore

Top MBA/ PGDM Specializations in Indore

MBA colleges in Indore offer diverse specializations like Finance, HR, Sales & Marketing, IT & Systems, Operations, International Business, Travel & Tourism Management, Entrepreneurship, Business Analytics, Agriculture & Food Business, etc. The most popular are finance and human resources followed by sales and marketing.

Some of the most popular MBA/PGDM exams in Indore?

The most popular entrance exams for MBA studies in Indore are CMAT and CAT. Scoring good marks in CMAT will help you to land in colleges like the

  • Institute of Management Studies,
  • Devi Ahilya Vishwavidyalaya (DAVV), Indore, and
  • Jaipuria Indore,

CAT is your ticket to colleges like IIM Indore and IBMR IPS, Indore.

The rest of the colleges accept MAT, XAT, ATMA, DAVV CET, MPMET, NMAT, SNAP, ACET, etc. for admission to their colleges.

Top MBA Colleges in Indore: Cutoff

Admission to various MBA colleges in Indore is done on the basis of marks obtained by the students in the entrance test. Institutes often release their individual cutoff scores. The table below shows the cutoffs accepted by some of the top MBA colleges in Indore for the MBA programs offered by them

Some of the important Links

List CollegesCLICK HERE
CAT Exam DateCLICK HERE
CAT Last 10 Yrs Solved Question PapersCLICK HERE
CAT Practice Test SeriesCLICK HERE

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