Top MBA Colleges in Gwalior 2024: Fees, Admissions, Placements & Rankings

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Update at Aug 8, 2024, 5:00 am

Gwalior has 31 high-ranking MBA institutes. These top MBA schools in Gwalior have a massive alumni network that reaches many parts of the world, and in the last 10 years, over 10,000 graduates have been successful from these schools. These partnerships with multinational corporations make available a wide range of opportunities for students to experience the real world through internships and industry-based projects. In these schools, experiential learning is imperative and is the atmosphere that produces business leaders of the future who are armed with the skills to succeed in the dynamic world of business.

Top MBA Colleges in Gwalior: Highlights 2024

There are a total of 31 Colleges and 25 private and 6 public MBA Colleges in Gwalior. The best MBA Colleges in Gwalior have earned the country's attention due to their continuous effort to breed future business leaders with an emphasis on entrepreneurial zeal and ethical compliance. Here are the highlights of these esteemed institutions:

Number of Colleges

31

Private Colleges

25

Government Colleges

6

Popular Specializations

  • Marketing
  • Finance
  • Operations
  • Business Analytics
  • Entrepreneurship

Accepted Exams

  • CAT
  • XAT
  • CMAT
  • ATMA
  • MAT

Average Fees (Per Year)

INR 3,00,000 - INR 8,00,000

Top Recruiters Sectors

  • Leading companies in FMCG
  • IT
  • Consulting
  • Banking
  • Manufacturing sectors

Average Salary Per Year

INR 7,00,000 Per Annum - INR 12,00,000 Per Annum

Graduation Outcome

92% Placement Rate

Top 10 MBA Colleges in Gwalior

The top MBA  Colleges in Gwalior are appreciated for their industry-linked curriculum, global-class faculty, and the necessity of all-around development that enables graduates to become well-prepared for the fast-changing corporate world. In terms of the robust evidence of the best placement MBA Colleges in Gwalior and the wide alumni network, the best MBA Colleges in Gwalior have been the most demanded by business leaders who wish to get a transformative educational experience. The following table provides details on the top 10 MBA Colleges in Gwalior with fees, ranking, type of college, expected MBA cutoff for 2024, and accepted entrance exams:

S.No

College / University

Type

Accepted Entrance Exams

Eligibility Criteria

1

Prestige Institute of Management and Research

Private

  • CMAT

Graduation with 50%

2

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

Government

  • CAT
  • MAT
  • CMAT

Graduation with 50%

3

ITM University

Private

  • ITM NEST
  • CAT
  • MAT
  • XAT
  • CMAT
  • ATMA

Graduation with 50%

4

Jiwaji University

Government

  • CMAT

Graduation with 50%

5

Amity University

Private

  • CAT
  • MAT
  • NMAT
  • XAT

Graduation with 50%

6

MLB College, Gwalior

Government

  • CAT
  • MAT
  • CMAT

Graduation with 50%

7

Jain College

Private

  • CMAT

Graduation with 50%

8

Madhav Institute of Technology and Science

Government

  • GATE
  • CMAT

Graduation with 50%

9

IPS Group of Colleges, Gwalior

Private

  • CMAT

Graduation with 50%

10

Vikrant University, Gwalior

Government

  • CAT
  • MAT
  • XAT
  • ATMA

Graduation with 45%

Eligibility Criteria for Top MBA Colleges in Gwalior

To secure admission to the prestigious MBA Colleges in Gwalior, aspiring candidates must meet the following eligibility criteria:

  • At least 50% aggregate (or CGPA equivalent) from a recognized bachelor's degree from an accredited university.
  • National-level entrance exams such as CAT, XAT, CMAT, MAT, and ATMA evaluate the candidates' aptitude and analytical skills in a competitive environment.
  • Some colleges may in addition ask candidates to pass the college entrance exams or be part of discussion groups.
  • For most of the programs, the work experience is optional but it could be a strong plus for the admission process.

For the candidates to be successful in the admission process, they should ensure that they have carefully gone through the specific eligibility conditions that the preferred institutions have laid out since they may have slight variations from one institution to another.

Admission Process for Top MBA Colleges in Gwalior 2024

The intake process of the top 5 MBA Colleges in Gwalior is quite complicated and tough with the purpose of identifying and selecting the best of the best candidates. The typical admission process involves the following steps:

Entrance Examinations

  • The fact is that most colleges only enroll students who have passed national tests such as CAT, XAT, CMAT, MAT, and ATMA with high scores.
  • Nevertheless, most of the colleges have institutional entrance exams as well.

Application Submission

  • The applicants need to provide the college admission form along with the required documents like school records, work certificates (if the applicants have been working), and test results.

Personal Interview

  • The candidates who pass through the application process are then called for a personal interview during which time they are evaluated on their communication skills, personality traits, and overall ability for the programme.

Group Discussion

  • Teambuilding can be a good addition to the list of subjects for admission committees to evaluate candidates for their ability to work as a team, as well as for their leadership skills and problem-solving skills.

Merit List

  • The candidates are selected based on their performance in the entrance exam, personal interview, and other criteria.
  • Finally, the merit list is prepared and admissions are provided in order of the list.

Document Verification

  • The candidates who are conditionally selected should have their documents verified to ensure that they have truly attained the qualifications they are claiming in the academic and professional fields.

Fee Payment

  • The verification of the candidates is done following the payment of the required fees by the candidates.
  • This is followed by the issuance of the admission letters.

Popular Entrance Exams for Top MBA Colleges in Gwalior

The competition for getting into the top-notch MBA Colleges in Gwalior is very high, where the students are required to clear various national-level entrance tests that examine their aptitude, analytical skills, and subject understanding. Some of the most popular entrance exams accepted by the top B-schools in Gwalior are:

CAT (Common Admission Test)

  • Registration Date: 1 August 2024
  • Last Date: 13 September 2024
  • Exam Date: November 24, 2024

The CAT is one of the most demanding and widely accepted examinations conducted by the Indian Institutes of Management (IIMs) for admission to their MBA programs as well as other well-known institutes in India, including Gwalior's School of Management, ITM University, Amity University, Atal Bihari Vajpayee Indian Institute of Information Technology and Management. The test evaluates the candidates' ability to think quantitatively, reason logically, and interpret data in a computer-based test.

XAT (Xavier Aptitude Test)

  • Registration Date: July 15, 2023
  • Last Date: December 10, 2023
  • Exam Date: January 7, 2024

XAT is a common MBA entrance exam administered by XLRI Jamshedpur, at the national level. It is an exam that is designed to evaluate the candidate's ability to make the right decisions, apply quantitative methods, present logically, and generalize knowledge through objective-type questions. The Top MBA colleges in Gwalior, namely the School of Management at ITM University and Amity University, consider XAT scores for recruitment.

CMAT (Common Management Admission Test)

  • Registration Date: 6 March 2024
  • Last Date: 7 Apr 2024
  • Exam Date: 6–7 May 2024

CMAT is an all-India entrance exam administered by the National Testing Agency (NTA) to provide admission to management programs at different institutes, such as ITM University, Jain College, Prestige Institute of Management and Research, Atal Bihari Vajpayee Indian Institute of Information and Technology, and Atal Bihari Vajpayee Indian Institute of Information Technology and management. It does this by assessing a candidate's ability to think logically, use quantitative methods, understand language, and have general knowledge through the use of multiple-choice questions.

ATMA (AIMS Test for Management Admissions)

  • Registration Date: 29 Nov 2023
  • Last Date: 11 Feb 2024
  • Exam Date: 18 Feb, 11 May, 23 Jun, 21 Jul 2024

ATMA is an Indian entrance exam for MBAs conducted nationally by the Association of Indian Management Schools (AIMS). It is a tool that is utilized in evaluating a candidate's numerical ability, verbal ability, logical reasoning, and analytical skills through objective-type questions. Many leading B-schools, such as the School of Management at ITM University, give ATMA scores the required weight in their admissions process.

MAT (Management Aptitude Test)

  • Registration Date: December 2023
  • Last Date: February 20, 2024
  • Exam Date: February 25 and March 10, 2024​

The MAT is a nationally competitive exam for MBA admissions that is run by AIMA (the All India Management Association). It evaluates a candidate's ability in domains like the comprehension of a problem, critical thinking, determining the appropriate course of action, and calculating. In Gwalior, some of the MBA colleges, such as the School of Management at ITM University, Amity University, Atal Bihari Vajpayee Indian Institute of Information Technology and Management, and IIITM Gwalior-Atal Bihari Vajpayee Indian Institute of Information Technology and Management-accept their students’ MAT scores as part of their admission criteria.

Top Private MBA Colleges in Gwalior

The private MBA colleges in Gwalior have been able to create a national brand for themselves with their innovative curriculum, world-class infrastructure, and robust industry partnerships. With fees that range from INR 45,000 to INR 3,00,000 every year, these institutions provide an opportunity to get a comprehensive educational experience through hands-on learning, project work, and internship opportunities. Here’s a list of the top private MBA colleges in Gwalior, with details:

S.No

College / University

Approx Annual Fees

Cut off

1

Prestige Institute of Management and Research

INR 1,25,000

MP-Counselling is 3007 rank.

2

School of Management, ITM University

INR 3,00,000

CAT 2023 Cut off: 60

3

Amity University

INR 3,00,000

MBA CAT 2023 Cut off: 70

4

Jain College

INR 45,000

Cut off: 15784

5

IPS Group of Colleges, Gwalior

INR 55,000

Cut off: 98

Top Government MBA Colleges in Gwalior

Private players are the mainlanders in the management education sector here in Gwalior, but the government-run MBA colleges provide an affordable and quality option. Different management schools charge an annual fee of INR 30,000 - INR 2,00,000 but they offer a broad perspective on management principles and practices, though they do not match their competitors in terms of infrastructure and placement opportunities. Here’s a list of the top government MBA Colleges in Gwalior with details:

S.No

College / University

Approx Annual Fees

Cut off

1

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

INR 1,93,000

CAT 2023 Cut off: 50

2

Jiwaji University

INR 30,000

2352 IN MP COUNSELLING

3

MLB College, Gwalior

INR 36,000

CAT CUT OFF 45

4

Madhav Institute of Technology and Science

INR 1,33,120

MP-Counselling 2023 Cut off: 498

5

Vikrant University, Gwalior

INR 60,000 

MP-Counselling 2023 Cut off: 74

Placements for MBA Colleges in Gwalior

The leading business schools in Gwalior have built up a strong relationship with the industries, so MBA graduates can have successful internships and lucrative placements. Such revered institutes can be proud of the fact that the best domestic placement is more than INR 15,00,000 Per Annum and the best international offer. Employers are eager to tap into such a talented talent pool of graduates as colleges give priority to industrial exposure and practical skill development. The table below highlights the best placement MBA colleges in Gwalior statistics:

S.no

College / University

Average Package

Highest Package

Recruiters

1

Prestige Institute of Management and Research

INR 14,00,000 Per Annum

INR 4,65,000 Per Annum

  • TCS
  • Wipro
  • Jaro
  • Godrej

2

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

INR 24,31,000 Per Annum

INR 65,00,000 Per Annum

  • Google
  • Microsoft
  • Meta
  • Amazon

3

School of Management, ITM University

INR 7,00,000 Per Annum

INR 50,00,000 Per Annum

  • Byju's
  • Wipro
  • TCS
  • cars 24
  • Asian paints

4

Jiwaji University

INR 1,45,000 Per Annum

INR 2,40,000 Per Annum

  • Tata
  • Wipro

5

Amity University

INR 4,65,000 Per Annum

INR 14,00,000 Per Annum

  • Wipro
  • IBM
  • Parlour Alto

6

IIITM Gwalior - Atal Bihari Vajpayee Indian Institute of Information

INR 24,00,000 Per Annum

INR 65,00,000 Per Annum

  • Google
  • Microsoft
  • Meta
  • Amazon
  • Deloitte

7

Jain College

INR 6,20,000 Per Annum

INR 42,00,000 Per Annum

  • RANBAXY
  • IDBI BANK
  • HDFC
  • INFOSYS
  • MICROSOFT

8

Madhav Institute of Technology and Science

INR 5,00,000 Per Annum

INR 15,00000 Per Annum

  • Accenture
  • Capgemini
  • HCL
  • IBM

9

IPS Group of Colleges, Gwalior

INR 2,90,000 Per Annum

INR 13,00,000 Per Annum

  • Kotak
  • ICICI
  • Maruti Suzuki
  • HDFC

10

Vikrant University, Gwalior

INR 2,00,000 Per Annum

INR 5,00,000 Per Annum - INR 10,00,000 Per Annum

  • Wipro
  • Infosys

ROI for the Top MBA Colleges in Gwalior

The return on investment (ROI) is the most important measure when we are assessing MBA programs. The leading MBA colleges in Gwalior have been known for years for delivering substantial ROI through first-class training, industry contacts, and highly paid-positions. Through the acquisition of good jobs, graduates would pay back the initial investment in the MBA program within a reasonable period, hence making the MBA a financially rewarding program and a promising career as business leaders with ROI ranging from 77.5% to 600%. The table below summarises the fee, average salary, and indicative ROI scores of the top 10 MBA colleges in Gwalior:

S.no

College / University

Approx Annual Fees

Average Package

1

Prestige Institute of Management and Research

INR 1,25,000 Per Annum

INR 14,00,000 Per Annum

2

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

INR 1,93,000 Per Annum

INR 24,31,000 Per Annum

3

School of Management, ITM University

INR 3,00,000 Per Annum

INR 7,00,000 Per Annum

4

Jiwaji University

INR 30,000 Per Annum

INR 1,45,000 Per Annum

5

Amity University

INR 3,00,000 Per Annum

INR 4,65,000 Per Annum

6

MLB College, Gwalior

INR 1,93,000 Per Annum

INR 24,00,000 Per Annum

7

Jain College

INR 45,000 Per Annum

INR 6,20,000 Per Annum

8

Government Kamla Raja Girls Post Graduate College

INR 1,33,120 Per Annum

INR 5,00000 Per Annum

9

IPS Group of Colleges, Gwalior

INR 55,000 Per Annum

INR 2,90,000 Per Annum

10

Vikrant University, Gwalior

INR 60,000 Per Annum

INR 2,00,000 Per Annum

Comparison For Top MBA Colleges in Gwalior

The choice of an MBA college is a critical decision that can determine the whole career path of a student. Aspirant candidates must scrutinize the curriculum design, faculty expertise, campus infrastructure, industry partnerships, placement record, and ranking. Although private colleges frequently feature their exquisite facilities, public universities provide less expensive courses. Finally, the choice should go hand in hand with your goals, career aspirations, and the economic aspect. Here’s a list that you can consider:

Colleges / University

Prestige Institute of Management & Research

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

ITM University, Gwalior

About

Prestige Institute of Management & Research (PIMRG), Gwalior is a leading educational institution offering various undergraduate and postgraduate programs.

Atal Bihari Vajpayee Indian Institute of Information Technology and Management (ABV IIITM), Gwalior, is a premier educational institution renowned for education, research, and innovation.

ITM University Gwalior School of Management is committed to nurturing future management and technology leaders.

Year of Establishment

1997

1997

1997

Type

Private

Government

Private

NIRF ranking

102nd

88th

32nd

Infrastructure

155 Acres

160 Acres

165 Acres

Fees

INR 1,25,000 (1st Year Fees)

INR 1,93,000 (1st Year Fees)

INR 3,00,000 (1st Year Fees)

Average Package

INR 14,00,000

INR 24,31,000

INR 7,00,000

Highest Package

INR 4,65,000

INR 65,00,000

INR 50,00,000

FAQ (Frequently Asked Questions).


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