Top MBA Colleges in Indore 2026: Fees, Admission, Entrance Exams

Kanishk Rahi

Updated on May 1, 2025

9 Topics Guide

Indore is one of the best cities in Madhya Pradesh, a destination for education and learning. Indore City is a good choice for those looking for management training in a cultural environment. The educational hub of Madhya Pradesh is home to 86 of India's most prestigious MBA colleges in Indore.

An MBA or Master of Business Administration is a higher education degree that covers management skills and other important areas related to business, such as accounting, marketing, finance, management, and human resources. PGDM (Post Graduate Diploma in Management) is an MBA degree that is equivalent to many institutions in India.

MBA / PGDM is usually a two-year program with four semesters. In some universities, it takes three semesters. Individual selection for MBA Colleges is done through entrance exams, group discussions, and personal interviews. MBA colleges in Indore allow admission through entrance exams like CAT, MAT, XAT, and CMAT.

Best MBA Colleges in Indore: Highlights 2026

There are 86 of the Best MBA colleges in Indore. Of these, 79 are private and 7 are public/government universities. MBA is one of the popular postgraduate courses in Indore and the two-year curriculum serves as the foundation for various career options. Most universities select applicants based on test scores, academic achievements, and work experience. After shortlisting, you will have to participate in the Written Aptitude Test (WAT), Group Discussion (GD), and Personal Interview (PI).

Here are the highlights of the MBA colleges in Indore:-

Total MBA colleges	86
Privately owned MBA colleges	79
public/government-owned MBA colleges	7
MBA Programs offered in Indore	Full-Time MBA Part-Time MBA Distance MBA Online MBA Executive MBA Integrated MBA
Entrance Exams	CAT MAT XAT CMAT
MBA Specializations	HRM Marketing management Business Analytics Finance Business Administration Entrepreneurship MBA in Computer Management Production and operations management Information Technology International Business Marketing MBA Project Management Supply chain management

Top 10 MBA Colleges in Indore

MBA stands for Master of Business Administration, a two-year master's degree that can be studied after completing a bachelor's degree. In an MBA course, the students learn various topics related to business management. The Top 10 MBA Colleges in Indore are inspected based on various parameters like quality of education, admissions, infrastructure, faculty, placement, etc. Here is the list of the Top 10 MBA Colleges in Indore with fee structure.

S.NO	Institute Name	Fees	Exams Accepted
1	Indian Institute of Management - [IIM], Indore	INR 20,10,800	CAT IPMAT
2	CH Institute of Management & Commerce - [CHIMC], Indore	INR 1,16,000	CAT XAT MAT
3	Prestige Institute of Management and Research - [PIMR], Indore	INR 2,37,500	CMAT
4	Renaissance University - [RU], Indore	INR 1,56,000	CAT MAT ATMA XAT MPMET
5	Jaipuria Institute of Management, Indore	INR 10,25,000	CAT MAT XAT GMAT CMAT
6	Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore	INR 7,27,000	NMAT MAH CET
7	Institute of Business Management & Research - [IBMR], Indore	INR 2,30,000	CAT XAT MAT CMAT ATMA
8	Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], Indore	INR 81,750	CMAT
9	Radiant Institute of Management & Science (RIMS), Indore	INR 1,47,200	Merit-based
10	International Institute of Professional Studies - [IIPS], Indore	INR 1,58,664	Common Entrance Test (CET)

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Admission Process for the top MBA Colleges in Indore

Top MBA colleges in Indore offer admission based on both merit and entrance exams. There are around 86 MBA colleges in Indore out of which 79 are private and 7 are government colleges. Most of the MBA colleges in Indore offer MBA admissions based on the results of MBA entrance exams conducted at the national, state, or university level. The following is the admission process:

Applicants must have a degree in any field of study or equivalent from an accredited university.
Most institutes follow a minimum graduation mark of 50% aggregate marks or equivalent CGPA.
For reserved category students, the minimum mark required is 45% or equal to CGPA.
Final-year students can also apply for an MBA.
After the declaration of results, each college will announce their final score and according to the marks obtained, they will get admission to the chosen college if they get at least a minimum final score based on the college.
Generally, each college has a maximum of 5 rounds to admit students.
If students meet the cut-off criteria, they must give personal interviews and group discussions.
The college gives admission based on Cutoff, Personal Interviews, and Group Discussions.
After a student passes all the rounds, they have to pay the fees and do other necessary things required to get admitted into Top MBA colleges in Indore.

Popular Entrance Exam for MBA Colleges in Indore

MBA colleges in Indore conduct admission based on the previous merit scores for this 2-year program. Some institutes also select students based on the entrance exam results. These exams are conducted to testify to the student’s logical, and mathematical ability of the candidates.

Here are the various entrance exams Accepted by the top 10 MBA colleges in the Indore list:-

CAT (Common Admission Test)

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

The Common Core Test CAT is a computer-based test for admission to higher education programs. The test consists of three parts: oral and reading skills, information interpretation and logical thinking, and quantitative skills. Eligibility for the CAT exam should be graduation with a CGPA above 50% (45% Scheduled castes (SC), Scheduled tribes (ST) and Persons with Disabilities (PWD) / classification is available (DA).

XAT (Xavier Aptitude Test)

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

Admission to management programs at Xavier School of Management (XLRI), Jamshedpur is through national-level management examinations at XLRI and other 148 XAT institutes across the country. You must have higher education in any discipline to appear in the XAT exam. A bachelor's degree must last 3 years. Even if the candidate is a recent graduate, they can take the exam.

MAT (Management Aptitude Test)

Registration Date: Feb 20, 2024
Last Date: March 5, 2024
Exam Date: March 10, 2024

The MAT qualification is used for admission to the Master of Business Administration (MBA) and related over 600 business schools across India. Candidates are allowed to choose between paper or computer-based tests in either English or Hindi. Graduates of all majors can take the exam, but final-year students can also apply. There are four seasons: February, May, September and December.

NMAT (Narsee Monjee Aptitude Test)

Registration Date: Aug 1, 2024,
Last Date: October 10th, 2024
Exam Date: October 10, 2024 to December 19, 2024,

NMAT by GMAC is a national-level entrance exam conducted for MBA entrance exams at NMIMS University and other reputed B-schools in India and abroad. The NMAT of GMAC score is based on the performance of candidates in three sections namely Language Skills, Quantitative Skills, and Logical Reasoning. Candidates have to select five institutes of their choice for admission and these institutes may have different selection criteria.

GMAT (Graduate Management Admission Test)

Registration Date: August 29, 2023
Last Date: January 31, 2024
Exam Date: May 2024

It is a computer GMAT adaptive test administration and test Management (Graduate Test Management). It is designed to assess specific analytical, writing, quantitative, oral, and reading skills. This exam is taken for graduation from business/management programs such as the Master of Business Administration (MBA). Candidate can try at least 5 times per year and a maximum of 8 times in total. There should be a 16-day break between tests.

Top Private MBA Colleges in Indore

There are 86 MBA Colleges in Indore out of which 79 are Private MBA Colleges in Indore. Some of the most popular entrance exams for top MBA Colleges in Indore are CAT, MAT, XAT, and CMAT. Private Colleges in Indore have a high fee structure, but they come with facilities and a world-class experience in terms of both campus life and quality education. Let's take a look at some of the highlights of Private MBA colleges in Indore.

S.NO	Private Institutes	Fees	Entrance Exam
1	Jaipuria Institute of Management Indore	INR 10,00,000	CAT MAT XAT GMAT CMAT
2	Prestige Institute of Management and Research, Indore	INR 1,59,000 (1st Yr Fees)	CMAT
3	SAGE University, Indore	INR 90,000 (1st Yr Fees)	(SAGE Entrance Exam) SEE
4	Acropolis Institute of Technology and Research, Indore	INR 1,14,000 (1st Yr Fees)	(Common Management Admission Test) CMAT
5	Symbiosis University of Applied Sciences Indore	INR 11,30,000	CAT MAT XAT CMAT SNAP

Eligibility Criteria for Private MBA Colleges in Indore

Jaipuria Institute of Management Indore - Completion of 10+2 and graduate with 50% of the total grade. Gain valid scores in entrance exam CAT/CMAT/XAT/MAT exams. Next is the Personal Interview (PI) and Written Ability Test (WAT) round.
Prestige Institute of Management and Research, Indore - Graduation in any field from a recognized university with at least 50% aggregate marks (45% for SC/ST/OBC candidates). A valid score in the CMAT Entrance Examination.
SAGE University, Indore - Candidates must have a bachelor's degree with a minimum of 50% marks from a recognized university. Gain a valid score in the SAGE Entrance Exam - SEE.
Acropolis Institute of Technology and Research, Indore - Graduation for at least 3 years from a recognized university with 50% (General) and 45% (Reserved) passes in the C-MAT Common Management Entrance Test (conducted by AICTE New Delhi).
Symbiosis University of Applied Sciences Indore - Minimum mark of 60% or equivalent in the X and XII exams. A minimum score of 55% or equivalent in a three-year graduation degree.

Top Government MBA Colleges in Indore

There are 87 best MBA colleges in Indore and out of them 7 are public/government universities. The two-year MBA curriculum serves as the foundation for a variety of career options. The main reason why government MBA colleges are cheaper than private institutions is because government agencies fund them. Apart from the low educational requirements, the academic curriculum and placements at the best MBA colleges in Indore are very beneficial.

S.NO	Government Colleges	Fees	Entrance Exam
1	IIM Indore	INR 20,10,800	CAT IPMAT
2	DAVV Indore	INR 61,500 (1st Year Fees)	DAVV CET CUET PG
3	Devi Ahilya Vishwavidyalaya, Indore	INR 87,100 - INR 1,80,000	CUET-PG CMAT CUET MP Vyapam
4	Dr. B.R. Ambedkar University of Social Sciences, Indore	INR 57,080	ICET
5	Radiant Institute of Management & Science (RIMS), Indore	INR 68,600 (1st Yr Fees)	Delhi Ahilya Vishwa Vidyalaya Common Entrance Test (DAVV CET)

Eligibility Criteria For Government MBA Colleges In Indore

IIM Indore - Applicants must have a bachelor's degree with 50% or more marks or equivalent CGPA. 45% for candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disabilities (PwD) categories. A valid score in the CAT entrance exam.
DAVV Indore - Bachelor's degree in a related branch with a total of 50%.
Devi Ahilya Vishwavidyalaya, Indore - 10+2 with 50% aggregate Undergraduate Degree with 45% aggregate Entrance Exams: CUET-PG, CMAT, CUET, MP Vyapam
Dr. B.R. Ambedkar University of Social Sciences, Indore - The candidate needs to be a graduate of a recognized Institute/University. Gain valid score in ICET entrance exam.
International Institute of Professional Studies - [IIPS], Indore - Bachelor's degree in any field with at least 50% marks from a recognized university or college. Entrance score in CET exam.

Cut-off Scores For MBA Colleges in Indore

The MBA Colleges in Indore released their entrance exam cut-off list to admit students in the program and the cut-off list sets the score standard for all the eligible students. The MBA Colleges in Indore conduct entrance exams for admissions. Here are the best MBA Colleges in Indore cut-off list.

Institute Name	Cut-off score/rank
Indian Institute of Management - [IIM], Indore	90 (general category)
CH Institute of Management & Commerce - [CHIMC], Indore	1766 (for the year 2022)
Prestige Institute of Management and Research - [PIMR], Indore	211 (general category)

Placement For Best MBA Colleges in Indore

Placements play an important factor during the final year of the MBA program. The universities maintain the students’ placement records and help them build their careers in the business administration and management fields. There are some of the Best MBA Colleges in Indore with placement records that attract most of the students. Here are some of them.

S.No	Colleges	Highest Package	Average Package	Recruiters
1	IIM Indore	INR 27,00,000 Per Annum	INR 22,00,000 Per Annum	Google Amazon Amway IBM American Express
2	CH Institute of Management & Commerce - [CHIMC], Indore	INR 6,50,000 Per Annum	INR 2,80,000 Per Annum	Mahindra Tata Motors Wipro Parle
3	Prestige Institute of Management and Research - [PIMR], Indore	INR 32,00,000 Per Annum	INR 4,41,000 Per Annum	Nestle GSK Coca-Cola Amazon
4	Renaissance University - [RU], Indore	INR 5,75,000 Per Annum	INR 8,95,000 Per Annum	Aditya Birla Group Kotak Mahindra Bank ICICI Bank HDFC Bank TCS
5	Jaipuria Institute of Management, Indore	INR 8,95,000 Per Annum	INR 22,00,000 Per Annum	HCL Accenture Adani Group HDFC Bank
6	Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore	INR 16,80,000 Per Annum	INR 12,50,000 Per Annum	CRISIL ICICI Bank TresVista IDBI Capital Axis Bank
7	Institute of Business Management & Research - [IBMR], Indore	INR 10,00,000 Per Annum	INR 6,00,000 Per Annum	Amazon Asian Paints Just Dial Vodafone

Return on Investment (ROI) of MBA colleges in Indore

Return on Investment is an approximate measure of an investment's profitability that the students calculate while enrolling into the MBA colleges. The MBA Colleges in Indore have a better Return on Investment (ROI) and it helps the students choose the colleges more precisely. Here is the top MBA Colleges in Indore list with maximum ROI.

Institute Name	Total Fees	Average Package
IIM Indore	INR 20,10,800	INR 22,00,000
CH Institute of Management & Commerce - [CHIMC], Indore	INR 1,16,000	INR 2,80,000
Prestige Institute of Management and Research - [PIMR], Indore	INR 2,37,500	INR 4,41,000

Institute Name

Total Fees

Average

Package

IIM Indore

INR 20,10,800

INR 22,00,000

CH Institute of Management & Commerce - [CHIMC], Indore

INR 1,16,000

INR 2,80,000

Prestige Institute of Management and Research - [PIMR], Indore

INR 2,37,500

INR 4,41,000

Admission Advisory FAQs

Frequently Asked Questions

There are in total of 130 MBA colleges in Indore and out of that here is the top 10 MBA colleges in Indore list.

Indian Institute of Management - [IIM], Indore
CH Institute of Management & Commerce - [CHIMC], Indore
Prestige Institute of Management and Research - [PIMR], Indore
Renaissance University - [RU], Indore
Jaipuria Institute of Management, Indore
Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore
Institute of Business Management & Research - [IBMR], Indore
Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], Indore
Radiant Institute of Management & Science (RIMS), Indore
International Institute of Professional Studies - [IIPS], Indore