Indore, the cultural, educational and commercial city in Madhya Pradesh, is one of the top educational hubs with various MBA colleges offering quality education and excellent placement opportunities. The top MBA Colleges in Indore are recognised for their diverse specialisations, state-of-the-art infrastructure, and affiliations with reputed universities. Most of these colleges accept national-level entrance exams like CAT, MAT, XAT, CMAT, ATMA, NM
Recent Developments:
• CAT 2026 : Scheduled for November 29, 2026
• MAT 2026 : Scheduled for September 13, 2026 (PBT) and September 20, 2026 (CBT)
• NMAT 2026 : Scheduled between November 2 – December 20, 2026
• XAT 2027 : Scheduled for January 3, 2027
• CMAT 2027 : Expected on January 24, 2027
• ATMA 2027 : Tentatively in February, May, July, and August 2027.
• GMAT 2027 : Tentatively in June-July, 2027
Highlights for Top MBA Colleges in Indore 2026 :
Indore provides a wide range of management colleges with strong research options and a focus on science and technologies, from private to government institutions. Below is a glance at some essential details.
| Parameter | Details |
| Number of MBA Institutions | 130+ |
| Annual Fees | INR 1.5- 21 Lakhs |
| Top Specialisations | Business Analytics & AI, Marketing, Finance, International Business, Human Resources |
| Accepted Exams | CAT, MAT, XAT, NMAT, CMAT, ATMA, and GMAT |
| Highest Package | INR 70 LPA |
| Average Salary | INR 3 LPA – 30 LPA |
Top MBA Colleges in Indore: NIRF Ranking 2025
NIRF ranks higher education institutes across India. Below are the NIRF 2025 rankings for top MBA colleges in Indore :
| College/University Name | NIRF Ranking |
| IIM Indore | 8 |
| Jaipuria Institute of
Management, Indore |
101-125 |
| Symbiosis University of Applied Sciences Indore | – |
| Devi Ahilya Vishwavidyalaya (DAVV) | – |
| Institute of Business
Management & Research (IBMR) Indore |
76-100
(NIRF 2021) |
| SAGE University Indore | – |
Top MBA Colleges in Indore : Admission 2026
General admission requirements : To secure admission to MBA programs in Bengaluru’s top colleges, applicants typically need :
- A Bachelor’s degree with at least 50% marks from a recognised university • Valid score in national entrance exams like CAT, MAT, XAT, CMAT, NMAT, ATMA, and GMAT, alongside state-level exams like Karnataka PGCET, KMAT etc.
| Entrance Exams | Exam Date 2026 |
| CAT | November 29 |
| MAT | September 13-20 |
| NMAT | November 2- December 20 |
| XAT | January 3, 2027 |
| CMAT | January 24, 2027 |
| ATMA | February 2027 |
| SNAP | December 2026 |
Top Private MBA Colleges in Indore :
Private institutions in Indore are known for providing high-quality education, industry exposure, and strong placement records. Here are the best private MBA colleges :
| College Name | Total Tuition
Fees |
| Jaipuria Institute of Management, Indore | INR 13.5 Lakhs |
| NMIMS Indore | INR 19 Lakhs |
| Prestige Institute of Management &
Research (PIMR) |
INR 2.81-5
Lakhs |
| Symbiosis University of Applied
Sciences(SUAS) Indore |
INR 13.1 Lakhs |
| SAGE University | INR 17.5 Lakhs |
| IBMR Indore | INR 2.9 Lakhs |
| Amity Global Business School Indore | INR 5.2 Lakhs |
Top Government MBA Colleges in Indore:
Though a few in number, Government MBA Colleges in Indore offer affordable and versatile courses with quality learning outcomes :
| College Name | Total Tuition
Fees |
| IIM Indore | INR 26 Lakhs |
| IMS DAVV | INR 1.2-2 Lakhs |
| Shri Atal Bihari
Vajpayee Govt. Arts and Commerce College (GACC) |
INR 83K |
| International
Institute of Professional Studies (IIPS) |
INR 1.37 Lakhs |
| Shri Govindram
Seksaria Institute of Technology & Science (SGSITS) |
INR 2.4 Lakhs |
Fees vs Salary : Return on Investment (ROI)
| College Name | Total Tuition Fees | Annual Average Salary |
| IIM Indore | INR 26 Lakhs | INR 27-29 LPA |
| Jaipuria Institute of
Management |
INR 13.5 Lakhs | INR 9-11 LPA |
| NMIMS Indore | INR 19 Lakhs | INR 9.5-12.5 LPA |
| Symbiosis University of Applied Sciences(SUAS) Indore | INR 13.1 Lakhs | INR 6-8 LPA |
| IMS DAVV | INR 1.2-2 Lakhs | INR 6.16 LPA |
| Amity Global Business School Indore | INR 5.2 Lakhs | INR 4.5-8 LPA |
| Shri Govindram Seksaria Institute of Technology & Science (SGSITS) | INR 2.4 Lakhs | INR 8.5 LPA |
| SAGE University | INR 17.5 Lakhs | INR 5-10 LPA |
| IBMR Indore | INR 2.9 Lakhs | INR 5-7 Lakhs |
| Prestige Institute of
Management & Research (PIMR) |
INR 2.8-5 LPA | INR 5-6 LPA |
Top MBA Colleges in Indore by Specialisations :
The top MBA Colleges in Indore offer several specialisations to help students align their education with their career goals. Below are the most common specialisations :
| Specialisations | College Name |
| Marketing and Sales | PIMR Indore, SAGE University, SUAS |
| Finance and Banking | IIM Indore, PIMR Indore, IIPS DAVV, SUAS Indore |
| Human Resources | PIMR Indore, SAGE University |
| Logistics and Supply Chain Management | SUAS Indore, SAGE University |
| Business Analytics and Data Science | PIMR Indore, SAGE University, SUAS Indore |
Cut off 2025 :
The cut-offs for MBA programs in top indore colleges are as follows:
| College Name | Test Name | Cut off
2025 |
| IIM Indore | CAT | 90
percentile |
| PIMR Indore | CMAT | 75+
percentile |
| IMS DAVV
Indore |
CMAT | 80+
percentile |
| NMIMS Indore | NMAT | 85-90
percentile |
| Jaipuria
Institute of Management |
CAT/XAT/CMAT MAT | 50
percentile 80 percentile |
| Symbiosis
University of Applied Sciences(SUAS) Indore |
CAT | 98-99+
percentile |
| Amity Global
Business School Indore |
CAT | 75+
percentile |
| IBMR Indore | CMAT | 80+
percentile |
Conclusion :
Indore, the commercial capital, has emerged as a premier global management and business hub- making it a sought-after destination for MBA students. The top colleges of the city, like IIM Indore, Jaipuria Institute of Management, PIMR Indore provide high-quality management education with decent placement prospects. The variety of specialisations and reasonable fees enhance Indore a popular destination for MBA students.
FAQs: MBA Colleges in Indore
Q1. Which is the best MBA college in Indore?
- A: IIM Indore is the top-ranked B-school, followed by IMS DAVV and Jaipuria.
Q2. Is CAT mandatory for MBA in Indore?
- A: CAT is essential for IIM Indore. Other colleges accept CMAT, MAT, or their own entrance exams.
Q3. Can I get direct admission in Indore MBA colleges?
- A: Yes, many private colleges like Jaipuria and Prestige offer direct admission.
Q4. What is the fee for IIM Indore?
- A: Around ₹26 lakh for the two-year MBA program.
Q5. Which specialization is in high demand?
- A: Marketing, Finance, and Business Analytics are top choices.
Q6. Do colleges offer hostel facilities?
- A: Yes, most colleges provide in-campus or affiliated hostels.
Q7. Are scholarships available?
- A: Yes, based on entrance scores, academic merit, or financial need.
Q8. What’s the average placement package?
- A: Ranges from ₹5 LPA to ₹25+ LPA depending on the college.
Q9. When does MBA admission begin for 2026?
- A: CAT in Nov 2026, results in Jan 2027, GD-PI rounds in Mar-Apr 2027.
Q10. Top recruiters in Indore MBA colleges?
- A: Amazon, Deloitte, EY
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