Top MBA Colleges in Indore 2025 – Rankings, Fees, Admissions, ROI & More

Indore is an educational and commercial hub in Madhya Pradesh and is home to several top MBA colleges offering quality education and good industry-based connections. This city has a growing industrial base and presence of corporate offices, which provides the best internship and placement offers for MBA aspirants in fields like marketing, finance, human resources, operations, and IT sectors. IIM Indore, GSIMR, IBMR, Jaipuria Institute of Management, and Prestige Institute of Management and Research are the most reputed colleges for MBA in Indore.

These MBA colleges offer a wide range of specializations, including marketing, finance, general management, HR, and operations. IIM Indore has its national ranking and high placement packages. The fee range for these colleges is around INR 1.5 lakh to 19 lakhs for the full course. Admission to these colleges requires clearing national-level entrance exams like CAT, CMAT, MAT, XAT, or state-level counselling processes. Some institutes also offer direct admission on the basis of merit or other entrance exam scores. Government and private MBA colleges in Indore provide a wide range of options for MBA program aspirants in terms of fees, curriculum, and career opportunities.

Top MBA Colleges in Indore Highlights 2025

Indore, the cleanest city in India, has more than 130+ colleges for MBA programs, which offer a wide range of choices to the students. The majority of colleges choose their candidates on the basis of their results, work experience, and academic performance. The MBA course fees for these institutions are about 1.5 lakh to 19 lakh for the full course. After completing their MBA program, candidates get average packages of 5 lakh to 25 lakh on the basis of their performance. IIM Indore, GSIMR, IBMR, Jaipuria Institute of Management, and Prestige Institute of Management and Research are the top colleges for MBA in Indore.

MBA Colleges in Indore with NIRF & Business Today Rankings

Candidates who want to take admission in top MBA colleges in Indore. Take a look at these colleges, which are ranked according to NIRF and Business Today rankings. The details are given in the table below.

NIRF Rankings 2024

Indore has some top MBA institutes, and a few are ranked by the National Institutional Ranking Framework (NIRF). The Indian Institute of Management is the top MBA college, which is a government institute and ranked 8^th in NIRF rankings. IIM Indore is well-known for their excellent faculty, high placement, and good industry connections. 

Business Today Ranking

The top choice for students to pursue an MBA is IIM Indore, which is ranked 6^th in India. It is well known for its best education quality, excellent teaching faculty, and good placement options. Another one is Prestige Institute of Management and Research (PIMR), ranked 71^st and offers decent courses and value for money. The rank of Jaipuria Institute of Management, Indore, is 99th, and it is a good option for a private institute. 

MBA Admission Process in Indore 2025 

For admission to top MBA colleges in Indore, candidates need to follow a certain process of admission. It involves steps like participating in an entrance exam, group discussion, personal interview, and written test. Some steps are written below that define the total process of admission to top MBA colleges in Indore. Candidates need to follow the steps given below.

• Step 1: Candidates need to clear the entrance exam, like MAT, XAT, etc., as per the preferred college requirement.

• Step 2: After the entrance exam, candidates must visit the official website of the institute.

• Step 3: Fill out the application form by entering the personal and academic details.

• Step 4: Candidates need to submit the copies of their required documents, like passport-size photograph, signatures, etc.

• Step 5: Candidates who are selected need to appear in the group discussion and for the personal interview round.

• Step 6: when the process is completed, candidates need to submit their hard copies of documents and complete the verification process.

MBA Entrance Exam Schedule 2025

Entrance Exams Accepted

For admission to top MBA colleges in Indore, they accept a variety of national and state-level entrance examinations. The IIM Indore, the city’s premier college, requires students to clear the CAT exam for its flagship MBA course. Some of the reputed private colleges, like Jaipuria Institute of Management and Prestige Institute of Management and Research, consider marks from entrance exams like MAT, CMAT, XAT, and CAT.

Top Private MBA College in Indore

There are more than 130 colleges in Indore for MBA programs, of which 100+ colleges are run by private entities. They offer quality of education at an affordable cost. The top MBA college for MBA in Indore is Jaipuria Institute of Management, which offers an MBA course around INR 12 lakh and an average package of INR 4.41 lakh per annum. The fee for other reputed institutes, including PIMR, SVIMS, SIRT, AFMR, and Medicaps University, is from INR 1.75 to 5 lakh.

MBA Courses & Fees in Indore Colleges

Indore’s top colleges offer budget-friendly MBA programs to aspiring MBA students. Indian Institute of Management Indore is the best college that offers MBA, Executive MBA, and IPM courses with costs between INR 17 to 35 lakhs. Other top institutes include Jaipuria Institute of Management, which offers INR 11.75 lakh; PIMR, which offers an MBA program for INR 2.7 lakhs, and SAGE University, which offers an MBA program for INR 3 lakh. They offer specialization in HR, finance, marketing, and many more.

MBA Colleges in Indore Fees vs Salary (ROI)

When it comes to return on investment, Indore offers many top MBA colleges with good value for money. IIM Indore has the highest fees for the MBA course, which are around INR 17 to 35 lakh but also offers top packages. Colleges like IMS DAVV and PIMR offer MBA courses at a lower cost, which is between INR 1.5 to 2.7 lakh with average salary placement with excellent ROI. Overall, Indore maintains the quality of education with promising salary placement.

MBA Placements in Indore Packages & Recruiters

Indore’s top colleges for MBA offer the best placement options with good salary packages. The Indian Institute of Management Indore is on the top rank with a high average and the highest salary packages with recruiters like Amazon, BCG, and Deloitte India. Jaipuria Institutes offers average salary packages of around INR 4.4 lakh per annum with companies like ICICI Bank, HDFC Bank, and Deloitte. These colleges offer MBA courses for quality education with strong placement opportunities.

Top MBA specializations in Indore Colleges

The top MBA college in Indore offers specialization in marketing, human resources, marketing, operations management, international business, business analytics, and general MBA for the MBA courses. These MBA specializations are offered by the various colleges of Indore, like IIM Indore, the Institute of Business Management & Research Indore, Medicaps University, and the Jaipuria Institute of Management.

MBA Colleges in Indore Scholarships 2025

Scholarships for the students to pursue MBA programs in Indore are given on the basis of merit and need. The eligibility criteria for the scholarships vary depending on what the colleges offer to the students. The Sage University offers their own scholarship program, like the Sage University Scholarship; GSIMR Indore offers GSIMR Merit and Category scholarships. At colleges like Prestige Institute of Management and Research and Institute of Management Studies (IMS) DAVV, students must score 85% and above in 12th class or semester exams.

Top MBA Colleges in Indore Cutoffs 2025

For admission to top MBA colleges in Indore, candidates need to meet the required cutoff marks. Several top MBA colleges, like Indian Institute of Management Indore, Prestige Institute of Management & Research, GSIMR, IBMR, Medicaps, take admission with a valid score in the entrance exam, like CAT, MAT, CMAT, XAT, etc.

Compare Top MBA Colleges in Indore

The given information in the table below is the detail for the top MBA college in Indore, which offers MBA programs in many specialized areas like general management, marketing, finance, HR, operations, business analytics, and strategy. This information shows the comparison between the fees and the salary offered by the recruiter in the placement.

Frequently Asked Questions