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Top MBA Colleges in Madhya Pradesh

Madhya Pradesh is a state located in central India. Bhopal serves as the capital, while Indore is the biggest city. Other significant cities include Jabalpur, Ujjain, Gwalior, Sagar, and Rewa. With more than 72 million residents, Madhya Pradesh is the fifth most populous state in India and the second largest state in terms of land area. These states are its neighbors: Rajasthan to the northwest, Maharashtra to the south, Gujarat to the west, Uttar Pradesh to the northeast, and Chhattisgarh to the east.

There are a total of 474 best MBA colleges in MP, while 4 MBA institutions are held by public-private companies, 30 colleges are owned by public/government organizations, and 325 colleges are privately owned. Some of the most accepted entry tests for top MBA colleges in MP are CMAT, CAT, MAT, XAT, and so on. Among the well-known MBA schools in Madhya Pradesh are Atal Bihari Vajpayee Indian Institute of Information Technology and Management, IIM Indore, Prestige Institute of Management and Research, Jaipuria Indore, School of Management, ITM University, Indian Institute of Forest Management, etc.

Master in Business Administration MBA

The Master of Business Administration (MBA) degree has become a highly sought-after qualification for professionals aiming to enhance their careers in the business world. By emphasizing the development of managerial and leadership skills, an MBA equips individuals with the necessary knowledge and expertise to excel in diverse industries.

There are a total of 474 best MBA colleges in MP, while 4 MBA institutions are held by public-private companies, 30 colleges are owned by public/government organizations, and 325 colleges are privately owned. Some of the most accepted entry tests for top MBA colleges in MP are CMAT, CAT, MAT, XAT, and so on. Among the well-known MBA schools in Madhya Pradesh are Atal Bihari Vajpayee Indian Institute of Information Technology and Management, IIM Indore, Prestige Institute of Management and Research, Jaipuria Indore, School of Management, ITM University, Indian Institute of Forest Management, etc.

Admisson Process for MBA & PGDM in Madhya-Pradesh

Admission for MBA and PGDM programs in MP typically follows a structured pattern:
Entrance Exam: As mentioned earlier, candidates need to appear for entrance exams such as CAT, MAT, XAT, or GMAT, depending on the college’s requirements. Scoring well in these exams is crucial.
Application Submission: After the announcement of results, candidates must apply to the colleges of their choice. The application usually includes academic records, entrance exam scores, and sometimes a statement of purpose (SOP).
Group Discussion (GD) and Personal Interview (PI): Shortlisted candidates are invited for GD and PI rounds. These rounds assess the candidate’s communication skills, problem-solving abilities, and overall personality.
Merit List: Colleges compile a merit list based on various factors, including entrance exam scores, academic performance, GD/PI performance, and work experience (if applicable).
Final Admission: Candidates who make it to the merit list receive admission offers. They need to complete the formalities, including fee payment, to secure their seats.

Best MBA Colleges in Madhya Pradesh: Highlights 2024

ParticularsParameters/Statistics
No. of MBA colleges in Tamil Nadu474
Annual Fees

INR < 1 lakh: 253 colleges

INR 1-2 lakh: 124 colleges

INR 2-3 lakh: 33 colleges

INR 3-5 lakh: 20 colleges

INR > 5 lakh: 15 colleges

Top SpecialisationsFinanceHuman ResourcesSales and Marketing, Operations, Business Analytics, etc.
Accepted Entrance ExamsCMAT, CAT, XAT, MAT, etc.

MBA Colleges in Madhya Pradesh: Eligibility Criteria

The following is a list of general requirements for admission to the top MBA program in MP:

A bachelor’s degree or its equivalent from a recognized college or other institution in any discipline is required of applicants, with a minimum cumulative GPA of 50%.
A lot of MBA programs in MP take national entrance tests like the MAT, XAT, CAT, CMAT, and so on into account. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

Entrance Exams for MBA Colleges in Madhya Pradesh: Exam Dates 2024

Common Admission Test (CAT): CAT is the most widely accepted entrance exam for MBA programs in India. It is conducted by the Indian Institutes of Management (IIMs) and is considered to be one of the most competitive exams in the country.

Management Aptitude Test (MAT): MAT is a national-level entrance exam for MBA programs in India. It is conducted by the All India Management Association (AIMA) and is accepted by a large number of business schools across the country.

Combined Management Admission (CMAT):Organized by the government It is a computer-based national-level MBA entrance exam for entry in 1000 AICTE programs around the world. More than 70k applicants submit CMAT applications each year.

Below are the several admission examinations that MBA Colleges  accept in MP, along with the number of colleges that offer them.
Exams Number of Colleges
CMAT 139
CAT 43
MAT 32
XAT 24

Top Private MBA Colleges in Madhya Pradesh

The table below lists the private top MBA institutions in Madhya Pradesh along with their total tuition among the top 10 MBA schools in MP.
Private Colleges Total Tuition Fee
Prestige Institute of Management and Research Admission INR 3 lakh – INR 4 lakh
Jaipuria Indore Admission INR 10.3 lakh
School of Management, ITM University Admission INR 5 lakh – INR 6 lakh
AKS University Admission INR 1 lakh – INR 2 lakh
Jagran Lakecity University Admission INR 1 lakh – INR 3.4 lakh

Top Govt. MBA Colleges in Madhya Pradesh

The table below lists the govt. top MBA institutions in Madhya Pradesh along with their total tuition among the top 10 MBA schools in MP.
Public/Government Colleges Total Tuition Fee
IIM Indore Admission INR 17 lakh – INR 35 lakh
IIITM Gwalior Admission INR 3 lakh – INR 7 lakh
Indian Institute of Forest Management Admission INR 7.8 lakh
DAVV – Devi Ahilya Vishwavidyalaya Admission INR 31,000 – INR 2 lakh
Jiwaji University Admission INR 12,000 – INR 99,000

ROI of Best MBA Colleges in Madhya Pradesh

College NameTotal Tuition FeeAnnual Average Package
IIM Indore MBAINR 17 lakh – INR 35 lakhINR 24 LPA
IIITM University MBAINR 3 lakh – INR 7 lakhINR 12 LPA – INR 18 LPA
Prestige Institute of Management and Research MBAINR 3 lakh – INR 4 lakhINR 5 LPA
School of Management, ITM University MBAINR 5 lakh – INR 6 lakhINR 6 LPA
Jagran Lakecity University MBAINR 1 lakh – INR 3 lakhINR 4 LPA

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

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 Madhya Pradesh

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

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

MBA Colleges In Bhopal

IIFM Bhopal

IIFM Bhopal

Course: MBA/PGDM/Certificate | FEE: ₹ 7.8 L | AICTE

IES College of Technology - [ICOT], Bhopal

Course: MBA/M.Tech/BE/Polytecninc | FEE: ₹2.2 L - 2.4 L
LNCT Bhopal

Lakshmi Narain College of Technology (LNCT Bhopal) Bhopal

Course: MBA/M.Tech/BE/B.Tech | FEE: ₹ 1.4 L-5.3 L
SAGE University, Bhopal

SAGE University Bhopal

Course: B.Tech/MBA/B.Sc/M.SC/M.Tech | FEE: 1.2 L - 3.5 L
RNTU

Rabindranath Tagore University (RNTU) Bhopal

Course: MBA/BBA/BCA/B.Com | FEE: 60 K - 4 L | NCTE, AICTE, INC, BCI, UGC, AIU
PIMR Bhopal

People's Institute of Management & Research - [PIMR], Bhopal

Course: MBA/BBA/B.Sc/M.Sc | FEE: 1.4 L - 2.2 L | AICTE

MANIT Bhopal Madhya Pradesh

Course: B.Tech/MBA/MCA/M.Tech | FEE: 1.8 L - 6.3 L | AICTE, NBA
Jagran Lakecity University Bhopal

Jagran Lakecity University - [JLU], Bhopal

Course: MBA/PGDM/B.tech/MCA /BBA | FEE: 3.2 L - 5.2 L | NCTE, AICTE, BCI, UGC, AIU
SIRT Bhopal

Sagar Institute of Research and Technology - Bhopal

Course: B.Tech/MBA/B.Sc/MCA/ M.Tech | FEE: 1.2 L-3L | AICTE
Ram Krishna Dharmarth Foundation University

Ram Krishna Dharmarth Foundation University (RKDF) Bhopal

Course: MBA/PGDM/B.tech/MCA/ BBA/M.Sc /BCA | FEE:45 K - 3.6 L | NCTE, AICTE, UGC
SISTEC

Sagar Institute of Science and Technology (SISTEC) Bhopal

Course: MBA/PGDM/B.tech | FEE: 2.2 L - 3.7 L| AICTE
(RITS)

Radharaman Institute of Technology & Science (RITS), Bhopal

Course: MBA/PGDM/B.tech | FEE: 2.1 L| AICTE, NBA

MBA Colleges In Rewa

APSU - Awadhesh Pratap Singh University- Rewa

Course:MBA/B.Ed/M.Sc /MA/MCA | FEE: ₹ 60 K - 2.6 L | UGC
Jawaharlal Nehru College Of Technology, Rewa

Jawaharlal Nehru College of Technology - [JNCT], Rewa

Course:MBA/M.Tech/BE/ Polytechnic | FEE: ₹ 1.9 L | AICTE

MBA Colleges In Gwalior

ABV IIITM Gwalior

Course: B.Tech/MBA/M.Tech/Ph.D | FEE: ₹ 3 L - 7.2 L
PIMRG

Prestige College Gwalior

Course: MBA/PGDM/BBA/BCA/LLB /B.Com | FEE: ₹ 4.1 L| AICTE, NBA

Amity University Gwalior

Course: MBA/PGDM/B.Tech/B.A /BCA/BBA /MCA| FEE: ₹ 1.2 L - 10.7 L
ips

IPS Group of Colleges, Gwalior

Course: MBA/M.tech/BBA/B.Com | FEE: ₹ 2.8 L L
ITM University

ITM University, Gwalior

Course: MBA/M.Tech/BE/B.Tech/BA /S.Sc /M.Sc | FEE: ₹ 8.1 L - 12.4 L | AICTE

ABV IIITM Gwalior

Course: B.Tech/MBA/M.Tech/Ph.D | FEE: ₹ 3 L - 7.2 L
Vikrant University

Vikrant University Gwalior

Course:MBA/PGDM /B.Tech/B.Sc /M.Sc/M.Tech| FEE: ₹ 1 L - 2.5 L | AICTE, BCI, UGC
Jain College, Gwalior

Jain College Gwalior

Course:MBA/BBA/B.sc/ B.Ed/B.com | FEE: ₹ 78 K - 2.5 L | AICTE, BCI, UGC
SRGOC Gwalior

ShriRam Group of Colleges - (SRGOC) Gwalior

Course: MBA/PGDM/B.Tech/BBA /M.Tech/ B.com | FEE: ₹2.4 L | AICTE, PCI
Jiwaji University

Jiwaji University Gwalior

Course: MBA/B.Tech/B.Sc/BBA/ B.com /MCA/M.Com | FEE: ₹16 K - 4.2 L |UGC