PGDM Colleges In Indore

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

Content Writer |

Oct 27, 2025 07:05PM IST

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	Marketing, Human Resources, Operations 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.