Top MBA Colleges in Indore 2024

Admissions 2024, Eligibility, Exams, Cutoff

There are almost 130 top-tier MBA Colleges in Indore, Out of them, 97 Colleges are privately held, while 6 colleges are owned by government. CMAT, CAT, MAT, XAT, and ATMA are among the highly regarded admission tests accepted by leading 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, and others are some of the top MBA colleges in Indore.

Best MBA Colleges in Indore: Overview 2024

An MBA is a two-year postgraduate program that includes both advanced and fundamental topics in the field of management. The most popular MBA  specializations are such as Human Resources, Finance, Marketing, Organizational Behavior, Management Principles. Candidates will be able to explore a wide range of career opportunities by improving their skills and abilities and becoming qualified to work at executive positions with an MBA.

The following lists the updated rankings of the best MBA programs in Indore.



No. of MBA Colleges


Annual Fees

INR < 1 lakh: 64 colleges

INR 1-2 lakh: 42 colleges

INR 2-3 lakh: 12 colleges

INR 3-5 lakh: 8 colleges

INR > 5 lakh: 8 colleges

Top Specialisations

Finance, Sales & Marketing, Human Resources, International Business, IT & Systems, Operations, etc.

Accepted Entrance Exams




How to get admission in Top MBA colleges in Indore?

When planning to pursue an MBA in Indore, there are usually a few steps required. An overview of the admissions procedure is given below:

1-Entrance Exams: Many MBA and PGDM colleges in Indore require applicants to take entrance exams. Although CAT is a widely recognized test, the others entrance exams such as  XAT, MAT, or CMAT also taken consideration or a regular university exam.

2- Before applying verify the entrance requirements for the MBA Colleges you are interested in

3- You must submit an application to the MBA program, which you should do once you got your result  from the entrance exam.

4-Application ProcessTo apply online, go to the official website of the business schools and follow the steps given.

5-The necessary documents, which includes a declaration of purpose, letters of recommendation, admission test results, and academic records, must be provided by the student.

Eligibility Criteria of Top MBA Colleges in Indore

The following is an overview of general requirements for admission in the top MBA college in Indore:

✅A bachelor’s degree or an equivalent qualification in any field from an accredited college or institution is required of candidates, with a minimum cumulative GPA of 50%.

✅Many MBA colleges in Indore consider national-level entrance exams scores such as CAT, MAT, XAT,CMAT etc.

✅Applicants are required to meet the minimum cutoff scores set by the top colleges.

Top private MBA colleges in Indore

Here are the best private MBA colleges in Indore and their fees/seats.

College NameTotal Tuition Fee/Seat Intake
Jaipuria Indore – Jaipuria Institute of Management AdmissionINR 12 lakh
Seats: 180
Prestige Institute of Management and Research AdmissionINR 2 lakh
Seats: 1,200
SAGE University AdmissionINR 1 lakh – INR 4 lakh
Seats: 780
Acropolis Institute of Technology and Research AdmissionINR 1 lakh
Seats: 120

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List of Best MBA Colleges In Indore

IIM Indore

IIM Indore

Course: PGPM/EPGP/IPM/FPM | FEE: ₹24.17 L
Prestige College Indore

Prestige College Indore

Course: MBA/PGDM/BBA/BCA/LLB/B.Com | FEE: ₹ 4.5 L - 9 L

GSIMR Indore

Course: MBA/PGDM| FEE: ₹1.3 L | AICTE
Medicaps University

Medi-Caps University Indore

Course: MBA/PGDM/BCA/BBA/B.Sc /B.Com | FEE: ₹ 1.3 L - 8.3 L
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IBMR Indore

Course: MBA/PGDM/BBAB.Com | FEE: ₹ 2.3 L
Jaipuria Institute of Management

Jaipuria Institute of Management, Indore

Course: MBA/PGDM/FPM | FEE: ₹ 10.3 L
SAGE-University-Indore_4 (1)

SAGE University Indore Madhya Pradesh

Course: MBA/M.Tech/BE/B.Tech | BBA/MCA | | FEE: ₹ 1.2 L - 5 L | AICTE, COA, PCI, BCI, UGC

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

Course: MBA/BBA/Certification/ PGDM/ B.com FEE: ₹ 78 K - 1.2 L | AICTE

AFMR, Indore

Course: MBA/PGDM | FEE: ₹ 1.1 L | AICTE
Shri Vaishnav Institute of Management

Shri Vaishnav Institute of Management Indore

Course:MBA/BBA/B.Sc/ M.Sc/BCA FEE: ₹ 1.2 L - 1.7 L | AICTE
Indore Management Institute and Research Centre

Indore Management Institute and Research Centre - [IMI], Indore

Course:MBA/PGDM/BBA FEE: ₹ 78 K - 1.4 L | AICTE
AKS University (AKSU)

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

Course:B.Tech/MBA/B.Sc /M.SC /M.Tech FEE: ₹ 92 K - 19.8 L | NCTE, AICTE, PCI, ICAR, UGC