Pgdm Colleges In Indore

Top PGDM Colleges in Indore 2026 – Rankings, Fees, Admissions, ROI & More

Sahaj Sharma
Sahaj Sharma

Content Writer

Indore has also developed into a top management education hub with a blend of top government and private institutions in the state of Madhya Pradesh. The city boasts a number of top-rated PGDM colleges for business students, ranging from top-ranked IIM Indore to top-level private universities like Jaipuria Institute of Management and Indore Management Institute.

Out of the five top B-schools shortlisted, there is one government-run institute and four privately run ones. The average PGDM course fee in Indore is around INR 2.5–13 lakh, and placement offers range from INR 2–25 LPA. IIM Indore, International Management Institute Indore, and Jaipuria Institute of Management are some of the colleges with a top placement history every year. These colleges accept national-level entrance exams like CAT, XAT, MAT, GMAT, and CMAT, followed by group discussions and personal interviews in the selection process.

Top PGDM Colleges in Indore 2026 Highlights

Parameters

Details

Top PGDM Colleges in Indore

Indian Institute of Management, Indore

Indore Management Institute

Jaipuria Institute of Management

Sanghvi Institute of Management and Science

School of Management, Renaissance University

Exams Accepted

CAT, XAT, MAT, GMAT, CMAT

Specializations Offered

MarketingHuman ResourcesOperations and Strategy, Finance

Entrepreneurship, and Business Analytics

Average Fees

INR 2.50 Lakhs to INR 13 Lakhs (Approx.)

Admission Process

Entrance Exams + Group Discussion + Personal Interview

Placement Range

INR 2-25 LPA (Approx.)

 

Top PGDM Colleges in Indore 2026: Specialisation & Courses

IIM Indore tops the list of best PGDM colleges in the city, with Indore Management Institute, Jaipuria Institute of Management, Sanghvi Institute of Management and Science, and the School of Management at Renaissance University following it. These institutes provide a range of programs like PGDM, Executive PGDM, PGDM Dual Specialization, and PGDM 360 Dual. The curriculum in these courses is well planned with respect to today's market needs and changing industry demands, so that the students are provided with appropriate knowledge and practical skills.

College name 

Fees Range

Courses offered

Specialization Offered

IIM Indore

INR 11,04,000

Post Graduate Programme in Management, Executive Post Graduate Programme in Management 

Marketing, Human Resources, Operations and Strategy, Finance

Indore Management Institute 

INR 40,000-1,50,000

PGDM Dual Specialization

Marketing, Business Analytics, IT, Finance

Jaipuria Institute of Management

INR 12,75,000

PGDM

Finance, HR, Operations Management, Entrepreneurship, Business Analytics

Sanghvi Institute of Management and Science

INR 4,20,000

PGDM

Finance, IT, Marketing, Human Resources

School of Management, Renaissance University

INR 2,63,000

PGDM 360 Dual

Digital Branding, Human Behavior & Psychology, Human Resources, Marketing

 

Eligibility Criteria for PGDM Colleges in Indore

Here are the eligibility requirements for the top PGDM colleges in Indore:

Bachelor’s Degree

From a recognized university

Not below 50% aggregate

Minimum 3-4 years duration

Entrance Examination

CAT/XAT/MAT/GMAT/CMAT

National-level or college-specific entrance examinations

Valid competitive exam scores as per the college cutoff requirements

GD/PI/WAT Rounds

Written Ability Test (WAT) for shortlisted candidates

Group discussion round for candidates clearing the WAT round

One-on-one interview of candidates before admissions 

 

Top PGDM Colleges in Indore 2025: NIRF Ranking

IIM Indore managed to secure an impressive 8th rank in the NIRF rankings 2025 under the management category, making it one of the leading institutes to consider for postgraduate business education. The PGDM program offered at the Indian Institute of Management, Indore, is crafted with the latest industry requirements and offers excellent record placement opportunities to students

College Name

State

Score

NIRF 2025

Indian Institute of Management, Indore

Madhya Pradesh

75.68

8

 

List of Private PGDM Colleges in Indore

Some of the top private PGDM colleges include Indore Management Institute, Jaipuria Institute of Management, Sanghvi Institute of Management and Science, and School of Management, Renaissance University. Check out the approximate tuition fees of the colleges along with what entrance exams they accept for admissions.

College Name

Fees (Approx.)

Exams Accepted

Expected Cutoff

Indore Management Institute 

INR 40,000-1,50,000

CAT, XAT, CMAT, GMAT

90%

Jaipuria Institute of Management

INR 12,75,000

CAT, XAT, CMAT, GMAT

50-55%

Sanghvi Institute of Management and Science

INR 4,20,000

CAT, XAT, MAT, CMAT, GMAT

NA

School of Management, Renaissance University

INR 2,63,000

CAT, MAT, XAT, CMAT

NA

 

Government/Semi-Govt. PGDM Colleges in Indore

IIM Indore is the only well-recognized and prestigious government institution in Indore offering an industry-best PGDM program to business aspirants. The cutoff for IIM Indore is highly competitive and keeps changing. Hence, students are advised to keep themselves updated with the official cutoff list for IIMs.

College Name

Fees

Exams

Expected Cutoff

IIM Indore

INR 11,04,000

CAT, GMAT, IPMAT

90%


Top PGDM Colleges in Indore: Fee & Salary (ROI)

Here’s a list of the Best PGDM colleges in Indore with their fee structure and average salaries offered upon placement. IIM Indore stands out, giving the best return on investment for PGDM in Indore, with the average salaries ranging between INR 23 and 25 LPA. Jaipuria Institute of Management, a leading private institution for PGDM in Indore, stands tall in the list of private colleges offering average packages up to 9 lakh to students.

College Name

Fees

Avg Salary

ROI Verdict

IIM Indore

INR 11,04,000

INR 23-25 LPA

Excellent

Indore Management Institute 

INR 40,000-1,50,000

INR 2-3 LPA

Moderate

Jaipuria Institute of Management

INR 12,75,000

INR 8.95 LPA

Good

Sanghvi Institute of Management and Science

INR 4,20,000

INR 3-4 LPA

Moderate

School of Management, Renaissance University

INR 2,63,000

INR 4-5 LPA

Good


PGDM Admission Process in Indore Colleges

The admission process in Indore colleges for PGDM is as follows:

  • Registration for national and state-level entrance examinations

  • Check the CAT/MAT/XAT or other entrance examination cutoff requirements according to the target college 

  • Appear for the entrance examination with admit cards and other required documents

  • Apply to target colleges with valid entrance exam scores

  • Upload and submit the required documents

  • Accept the offer letter and pay the online fee for admission confirmation

Frequently Asked Questions

Q1. Which is the best PGDM college in Indore in terms of package?

IIM Indore is clearly the top choice when it comes to offering the best packages to students upon graduation. The average package stood at INR 23 lakh approximately.

Q2. What is the average tuition fee for the top PGDM colleges in Indore

The average tuition fee for the top PGDM colleges in Indore is between INR 4 and 6 lakh for two years.

Q3. Are the PGDM colleges in Indore AICTE-approved?

Private colleges like Jaipuria and Sanghvi Institute of Management and Science are AICTE-approved, similar to all the top business schools in Indore.

Q4. Which is the most common entrance exam for PGDM in Indore?

CAT remains the most widely accepted entrance exam for PGDM in Indore, as almost all business schools, government or private, accept valid CAT scores for their management programs.

Showing 8 Colleges
Arihant Education Group Logo

Arihant Education Group, Indore

PrivateAICTE Approved
Indore, Madhya Pradesh

Avg Package - 6-8 LPA

Renaissance University Logo

Renaissance University, Indore

PrivateUGC Approved
Indore, Madhya Pradesh

Avg Package - 5-6 LPA

DC Business School  Logo

DC Business School , Indore

PrivateAICTE Approved
Indore, Madhya Pradesh

Avg Package - N/A

ISBA College Logo

ISBA College, Indore

PrivateAICTE Approved
Indore, Madhya Pradesh
Top Recruiters

Avg Package - N/A