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

Best MBA Colleges in Madhya Pradesh: Highlights 2024

As of 2024, Madhya Pradesh is home to nearly 271 MBA Colleges. Of these, 232 are Privately owned, 31 are Government Colleges, and the remaining 8 are run under public-private partnerships. The top MBA Colleges in MP accept scorecards of national-level entrance exams like CAT, CMAT, XAT, etc., to prepare a merit list for admissions.

Top 10 MBA Colleges In Madhya Pradesh

Several colleges in Madhya Pradesh offer industry-relevant curriculums and MBA specializations. Graduates with scores under the eligibility criteria can apply for a Master’s degree in Business Administration after obtaining a merit score in the accepted examination. From the several institutes in the state, the following are the top 10 MBA colleges in MP.

Admission Process for MBA Colleges in Madhya Pradesh

The admission process to MBA colleges located in Madhya Pradesh opens doors to many opportunities. However, knowing the requirements to be admitted will be the initial step of this learning journey.

• Past Academic Record: The majority of MBA colleges in MP require candidates to have a minimum 10+2 score of 50%. They must also have obtained 50% marks or equivalent CGPA in their graduation.
• Clear Entrance Exams: Next, eligible candidates must appear for national-level entrance exams like the CAT, XAT, or MAT. Candidates must obtain merit scores to secure admission.
• Fill out Online Application Form: After receiving the exam results, aspiring students must visit the official websites of their desired colleges and fill out the online application forms.
• Group Discussion & Personal Interviews: The colleges then shortlist candidates to be called for rounds of group discussions and personal interviews. Colleges then finalize a list of students based on the candidate’s performance, past academic record, and scores obtained in the entrance exam.
• Fee Submission and Document Verification: The selected candidates must next visit the college campus, get their documents verified, and submit the fees to complete the admission process.

Popular Entrance Exams for MBA Colleges in Madhya Pradesh

The students planning to get admission to the best MBA Colleges in MP must stay informed regarding the details and dates of entrance exams accepted in those colleges. The top MBA Colleges in Madhya Pradesh form a merit list based on the popular entrance exams like.

1. Common Admission Test (CAT)

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

The Common Admission Test (CAT) is widely accepted in MP’s colleges. The national-level examination tests candidates' business aptitude through verbal ability, quantitative analysis, logical reasoning, and decision-making.

2. Xavier Aptitude Test (XAT)

• Registration Date: 15 July 2023
• Last Date: 10 December 2023
• Exam Date: 20 January, 2024

The Xavier Aptitude Test is another national-level entrance exam that is accepted by colleges across Madhya Pradesh. The exam tests the candidates on cognitive skills, verbal skills, decision-making skills, and more.

3. Management Aptitude Test (MAT)

• Registration Date: 20, 21, 29 Feb 2024
• Last Date: 5 Mar 2024
• Exam Date: 10 Mar 2024

The Management Aptitude Test can be taken by any graduate candidate or student in the final year of their graduation course. Depending on the candidate's choice, the exam can be taken in several modes.

Top Private MBA Colleges in Madhya Pradesh

Several Private MBA Colleges in Madhya Pradesh are leading the way in providing world-class management curriculums and unmatched placement opportunities to their students. Below are details of some of the best MBA Colleges in Madhya Pradesh, which are run privately.

Top Government MBA Colleges in Madhya Pradesh

The state of MP is home to numerous government/ public institutions offering MBA courses. Some of the top government MBA colleges in MP include IIM Indore, IIITM Gwalior, Indian Institute of Forest Management, IMS Indore, and Lakshmibai National Institute of Physical Education (Lnipe), Gwalior.

ROI for Best MBA Colleges in Madhya Pradesh

The top MBA Colleges in Madhya Pradesh promise a pretty good return on investment for students. On comparing the average packages offered to the enrolled students with the course fee of those colleges, IIITM Gwalior provides the highest ROI. It is closely followed by the colleges IIM Indore and IIFM Bhopal.

Placements For MBA Colleges in Madhya Pradesh

Well-reputed companies visit MBA Colleges in Madhya Pradesh for recruitment. Among the placement drives conducted, the highest package of MBA colleges in Madhya Pradesh was observed to be INR 100,00,000 in IIM Indore. The highest package in all other colleges ranged from INR 65,00,000 to INR 8,50,000. The average package of MBA Colleges in MP has been observed to range from INR 30,21,000 Per Annum to INR 5,00,000 Per Annum.

Comparison of Top MBA Colleges in Madhya Pradesh

The best MBA Colleges in Madhya Pradesh include IIM Indore, IIITM Gwalior, IIFM Bhopal, Prestige Institute of Management, and Jaipuria Institute of Management. The average package received at these top colleges ranged from INR 4.6 LPA to INR 25.68 LPA. The majority of these colleges accept CAT, CMAT, MAT, and XAT exam results to create a merit list for admission to various MBA specializations.