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 Managem

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. 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.

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Master in Business Administration MBA

MP MBA Overview

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.

Admission 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 2025

Particulars	Parameters/Statistics
No. of MBA colleges in Madhya Pradesh	474
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 Specialisations	Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc.
Accepted Entrance Exams	CMAT, CAT, XAT, MAT, etc.
Public/Government Colleges	30
Private Colleges	325
Public-Private Colleges	4

474

Total MBA Colleges

325

Private Colleges

Government Colleges

Public-Private Colleges

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 2025

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.

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	INR 3 lakh – INR 4 lakh
Jaipuria Indore	INR 10.3 lakh
School of Management, ITM University	INR 5 lakh – INR 6 lakh
AKS University	INR 1 lakh – INR 2 lakh
Jagran Lakecity University	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	INR 17 lakh – INR 35 lakh
IIITM Gwalior	INR 3 lakh – INR 7 lakh
Indian Institute of Forest Management	INR 7.8 lakh
DAVV - Devi Ahilya Vishwavidyalaya	INR 31,000 – INR 2 lakh
Jiwaji University	INR 12,000 – INR 99,000

ROI of Best MBA Colleges in Madhya Pradesh

College Name	Total Tuition Fee	Annual Average Package
IIM Indore MBA	INR 17 lakh – INR 35 lakh	INR 24 LPA
IIITM University MBA	INR 3 lakh – INR 7 lakh	INR 12 LPA – INR 18 LPA
Prestige Institute of Management and Research MBA	INR 3 lakh – INR 4 lakh	INR 5 LPA
School of Management, ITM University MBA	INR 5 lakh – INR 6 lakh	INR 6 LPA
Jagran Lakecity University MBA	INR 1 lakh – INR 3 lakh	INR 4 LPA

Top MBA Colleges in Madhya Pradesh

City	Top Colleges
Best MBA Colleges in Bhopal	IIFM Bhopal, MANIT Bhopal, LNCT Bhopal, SAGE University Bhopal
Best MBA Colleges in Indore	IIM Indore, Prestige College Indore, Jaipuria Institute Indore, SAGE University Indore
Best MBA Colleges in Gwalior	ABV IIITM Gwalior, ITM University Gwalior, Amity University Gwalior, Jiwaji University
Best MBA Colleges in Rewa	APSU Rewa, JNCT Rewa

MBA Colleges In Indore

IIM Indore

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

Prestige College Indore

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

Jaipuria Institute of Management, Indore

Course: MBA/PGDM/FPM | FEE: ₹ 10.3 L

Medi-Caps University Indore

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

Shri Vaishnav Institute of Management Indore

Course: MBA/BBA/B.Sc/M.Sc/BCA | FEE: ₹ 1.2 L - 1.7 L | AICTE

MBA Colleges In Bhopal

IIFM Bhopal

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

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

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

MANIT Bhopal Madhya Pradesh

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

Jagran Lakecity University - [JLU], Bhopal

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

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

MBA Colleges In Gwalior

ABV IIITM Gwalior

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

Prestige College Gwalior

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

ITM University, Gwalior

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

Amity University Gwalior

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

Jiwaji University Gwalior

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

Vikrant University Gwalior

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

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

ent, IIM Indore, Prestige Institute of Management and Research, Jaipuria Indore, School of Management, ITM University, Indian Institute of Forest Management, etc.

ENQUIRY Master in Business Administration MBA

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 2025

Particulars	Parameters/Statistics
No. of MBA colleges in Tamil Nadu	474
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 Specialisations	Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc.
Accepted Entrance Exams	CMAT, 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.

Top MBA Exams Updates

Blogs Updates

Entrance Exams for MBA Colleges in Madhya Pradesh: Exam Dates 2025

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

Check Out Top MBA Specializations

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 Name	Total Tuition Fee	Annual Average Package
IIM Indore MBA	INR 17 lakh – INR 35 lakh	INR 24 LPA
IIITM University MBA	INR 3 lakh – INR 7 lakh	INR 12 LPA – INR 18 LPA
Prestige Institute of Management and Research MBA	INR 3 lakh – INR 4 lakh	INR 5 LPA
School of Management, ITM University MBA	INR 5 lakh – INR 6 lakh	INR 6 LPA
Jagran Lakecity University MBA	INR 1 lakh – INR 3 lakh	INR 4 LPA

Top MBA Colleges in Madhya-Pradesh

Best MBA Colleges in Bhopal	Best MBA Colleges in Indore
Best MBA Colleges in Gwalior	Best MBA Colleges in Rewa

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