The Top 20 MBA colleges in Indore are listed here, along with costs and placement information. The availability of numerous MBA colleges in Indore and certifications are a crucial reality. Several MBA colleges in Indore have placement available, making it difficult to choose the best course.
One of the most well-liked postgraduate programmes in India is the MBA. The MBA is officially known as a Master of Business Administration. Many BTech, BBA, BCom, BA, BSc, and BCA graduates pursue an MBA after graduation because most executive-level positions across industries and areas require an MBA.
Passing the MBA entrance exam is required for admission, and multiple rounds of personality tests follow (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). In order to enrol in an MBA programme, students typically need at least a 50% average in their bachelor’s degree from any stream.
Table of Content
- Indian Institute of Management Indore – INR 16.1 L – 30 L
- Jaipuria Indore – Jaipuria Institute of Management – INR 8.75 L
- Prestige Institute of Management and Research (PG Campus) – INR 85.5 K – 2.38 L
- IPS Academy Institute of Business Management and Research – INR 1.6 L
- SAGE University, Indore – INR 1.2 L – 3.44 L
- Acropolis Faculty of Management and Research – INR 1.3 L
- Shivajirao Kadam Institute of Technology & Management – INR 1.44 L – 2.25 L
- Shri Vaishnav Institute of Management – INR 1.2 L – 1.44 L
- Indore Institute of Management and Research – INR 1.22 L
- NMIMS University, Indore – NA
- Medi-Caps University – INR 2.05 L
- Institute of Management Studies, Devi Ahilya Vishwavidyalaya – NA
- Devi Ahilya Vishwavidyalaya, Takshashila Campus – INR 50 K – 2.1 L
- Symbiosis University of Applied Sciences – INR 11.3 L
- Prestige Institute of Engineering Management and Research – INR 3.14 L
- Sushila Devi Bansal College of Technology – INR 96.6 K
- Astral Institute of Technology and Research (Astral, Indore) – INR 80.2 K
- Renaissance University – INR 1.36 L – 6.5 L
- Maharaja Ranjit Singh College of Professional Sciences – INR 1.01 L
- Arihant Institute of Management and Technology – INR 1.03 L – 1.24 L
- Top 20 MBA Colleges in Indore FAQ
Best MBA College in Indore List:
Rank #1 MBA College in Indore
Indian Institute of Management Indore
|NAME||Indian Institute of Management Indore|
|DURATION||2 – 5 years|
|FEES||INR 16.1 L – 30 L|
Prabandh Shikhar, Rau – Pithampur Rd, Indore, Madhya Pradesh 453556
Rank #2 MBA College in Indore
Jaipuria Indore – Jaipuria Institute of Management
|NAME||Jaipuria Indore – Jaipuria Institute of Management|
|DURATION||2 – 5 years|
|FEES||INR 8.75 L|
Dakachaya, Indore Dewas Highway, Near, Shipra Naka, Indore, Madhya Pradesh 453771
Rank #3 MBA College in Indore
Prestige Institute of Management and Research (PG Campus)
|NAME||Prestige Institute of Management and Research (PG Campus)|
|DURATION||2 – 3 years|
|FEES||INR 85.5 K – 2.38 L|
2, Education & Health Sector, Scheme No 54, Indore, Madhya Pradesh 452010
Rank #4 MBA College in Indore
IPS Academy Institute of Business Management and Research
|NAME||IPS Academy Institute of Business Management and Research|
|FEES||INR 1.6 L|
Knowledge Village, Rajendra Nagar, A.B Road, Indore, Madhya Pradesh 452012
Rank #5 MBA College in Indore
SAGE University, Indore
|NAME||SAGE University, Indore|
|FEES||INR 1.2 L – 3.44 L|
Kailod Kartal, Indore-Dewas By-Pass, Road, Indore, Madhya Pradesh 452020
Rank #6 MBA College in Indore
Acropolis Faculty of Management and Research
|NAME||Acropolis Faculty of Management and Research|
|FEES||INR 1.3 L|
Indore Dewas Toll Plaza, Indore Bypass Rd, Malwa County, Sanwer Road Industrial Area, Indore, Madhya Pradesh 453771
Rank #7 MBA College in Indore
Shivajirao Kadam Institute of Technology & Management
|NAME||Shivajirao Kadam Institute of Technology & Management|
|DURATION||2 – 5 years|
|FEES||INR 1.44 L – 2.25 L|
Indore Bypass Road Near Ralamandal, Tillore, Village, Indore, Madhya Pradesh 452020
Rank #8 MBA College in Indore
Shri Vaishnav Institute of Management
|NAME||Shri Vaishnav Institute of Management|
|FEES||INR 1.2 L – 1.44 L|
Sector B, Gumasta Nagar, Scheme 71, Indore, Madhya Pradesh 452002
Rank #9 MBA College in Indore
Indore Institute of Management and Research
|NAME||Indore Institute of Management and Research|
|FEES||INR 1.22 L|
Rau – Pithampur Rd, opposite Indian Institute of Management, Rau, Indore, Madhya Pradesh 453331
Rank #10 MBA College in Indore
NMIMS University, Indore
|NAME||NMIMS University, Indore|
|DURATION||2 – 5 years|
|FEES||INR 13.82 L – 15 L|
Super Corridor Rd, Gandhi Nagar, Indore, Madhya Pradesh 452005
Rank #11 MBA College in Indore
|FEES||INR 2.05 L|
JRC3+FFM, AB Rd, Pigdamber, Rau, Indore, Madhya Pradesh 453331
Rank #12 MBA College in Indore
Institute of Management Studies, Devi Ahilya Vishwavidyalaya
|NAME||Institute of Management Studies, Devi Ahilya Vishwavidyalaya|
MVRC+H48, Utd, Campus Bhawarkua, Khandwa Road, Khandwa Road, Indore, Madhya Pradesh 452001
Rank #13 MBA College in Indore
Devi Ahilya Vishwavidyalaya, Takshashila Campus
|NAME||Devi Ahilya Vishwavidyalaya, Takshashila Campus|
|DURATION||2 – 5 years|
|FEES||INR 50 K – 2.1 L|
139, Khandwa Rd, Indrapuri Colony, Indra Puri Colony, Indore, Madhya Pradesh 452001
Rank #14 MBA College in Indore
Symbiosis University of Applied Sciences
|NAME||Symbiosis University of Applied Sciences|
|FEES||INR 11.3 L|
Super Corridor, Near Airport, Bada Bangarda, Indore, Madhya Pradesh 453112
Rank #15 MBA College in Indore
Prestige Institute of Engineering Management and Research
|NAME||Prestige Institute of Engineering Management and Research|
|FEES||INR 3.14 L|
Prestige Vihar, opposite to Vrindavan Restaurant, Sector-D, Scheme No 74C, Indore, Madhya Pradesh 452010
Rank #16 MBA College in Indore
Sushila Devi Bansal College of Technology
|NAME||Sushila Devi Bansal College of Technology|
|CONTACT NO.||9669662255 / 9669660055|
|FEES||INR 96.6 K|
AB Road, Umaria, Near Rau, Indore, Madhya Pradesh 453331
Rank #17 MBA College in Indore
Astral Institute of Technology and Research (Astral, Indore)
|NAME||Astral Institute of Technology and Research (Astral, Indore)|
|FEES||INR 80.2 K|
Kailod Kartal, Indore Bypass Rd, Indore, Madhya Pradesh 452020
Rank #18 MBA College in Indore
|DURATION||2 – 5 years|
|FEES||INR 1.36 L – 6.5 L|
Gram, Reoti Range, Rewati, Madhya Pradesh 453111
Rank #19 MBA College in Indore
Maharaja Ranjit Singh College of Professional Sciences
|NAME||Maharaja Ranjit Singh College of Professional Sciences|
|FEES||INR 1.01 L|
Hemkunt Campus, Khandwa Rd, near IET-DAVV, Indore, Madhya Pradesh 452001
Rank #20 MBA College in Indore
Arihant Institute of Management and Technology
|NAME||Arihant Institute of Management and Technology|
|FEES||INR 1.03 L – 1.24 L|
453, Khandwa Rd, opp. Radha Swami Satsang, Near DAVV Takshila Parisar, Opposite Radha Swami Satsang, Rani Bagh Main, Indore, Madhya Pradesh 452017
Top 20 MBA Colleges in Indore FAQ
What is an MBA?
An academic curriculum focused on management and marketing, the MBA course. It covers topics including marketing, operations management, supply chain management, management principles, and organisational behaviour. Some of the top MBA employers are Bain & Company, Citigroup, Deloitte, Facebook, Apple, Amazon, and Accenture. Middle management positions such as finance manager, product manager, strategy manager, HR manager, etc. are regularly available to MBA graduates. MBA graduates can get employment with salaries ranging from INR 8 lakh to INR 30 lakh annually.
Why Do MBA?
The simplest answer to this question is to go up the corporate ladder quickly. Given that we live in a world where there is severe competition in both the corporate sector and the employment market, one needs to be equipped with managerial skills and leadership qualities in order to be able to contribute to the company in various ways. It will be advantageous if you are an expert in a particular industry to have company management knowledge. An MBA degree is a necessary tool for starting a business or changing careers.
Here are a few benefits of earning an MBA degree:
- Enhanced Career Opportunities
- Higher Salary
- Network of Growing Industries develops leadership skills
- Improve your leadership abilities
- International Trade and Economic Exposure
What are the Types of MBA Courses in Indore?
For MBA courses, there are many different formats and styles. In the past, a two-year Full-Time MBA programme was the ideal choice for management aspirants, but due to their flexibility in recent years, Executive MBA and Online MBA programmes have gained significantly greater popularity. The following are some key characteristics of each MBA type:
Full-Time MBA: The typical MBA programme lasts for two years. Residential learning experiences, real-world projects, semester-by-semester evaluations, summer internships, and final placements are all features of this curriculum. Over 5000 colleges in India provide full-time MBA programmes. The average tuition fee ranges from 2 lakh to 25 lakh Indian rupees..
Part-Time MBA: Due to the fact that this programme is not residential, it is most appropriate for people who are currently employed and wish to acquire fundamental managerial abilities. In part-time MBA programmes, there are no options for campus placement or internships. Public and private universities also offer part-time MBA programmes. There are about 300 part-time MBA institutions in India. The price range for the course is INR 1 lakh to 10 lakh. Study Every Detail Regarding Part-Time MBA
Distance MBA: Through written correspondence and remote contact, the candidate completes the programme. The course is designed for people with little free time and money because it is economical and flexible. Depending on your preferences, the course can be completed in two to five years. In India, there are over 490 colleges that provide distance MBAs. IGNOU is the most well-liked. The Complete Guide to Online MBA
online MBA: For an MBA programme, this is now the most preferred format. Video conferencing is used to provide lectures in an online MBA programme, and a learning management system is used to share notes, exams, and evaluations (LMS). A student may enrol in a course in one location while moving to another as there are no actual classes in the online MBA programme. Due to the fact that the lectures are recorded and kept in the LMS, there are no restrictions on attending classes. In India, there are more than 170 online MBA colleges, the bulk of which are private colleges. For More Information On Online MBA
Executive MBA: Only people with at least five years of professional experience should apply for this programme. Despite the shorter period, the curriculum is comparable to that of a full-time MBA (15 to 19 months). Executive MBA programmes are pricey, but some employers offer applicants the chance to be sponsored. In India, there are around 440 executive MBA colleges. Understanding Executive MBA in Full
Integrated 5-year MBA: Undergraduate and graduate coursework are combined in this five-year dual degree programme. One can take an integrated MBA degree after finishing high school. Early career decision-makers in the management field may choose for the Integrated MBA programme, which combines the BBA, MBA, and BTech degrees. Several famous universities, like IIM Rohtak and IIM
MBA Eligibility Criteria
Full-time MBA eligibility criteria are as follows:
- The fundamental qualification for admission to the MBA (full-time) programme is graduation in any discipline or its equivalent from a recognised university.
- The majority of universities maintain a minimum average score of 50% or comparable for graduation.
- If they can show proof that their degree was completed within the institute-specified time limit, final-year candidates for graduation who reach the minimum aggregate score criterion of 45% are also permitted to apply for an MBA.
- MBA programmes are available to professionals with degrees in CA, CS, ICWA, and other professions.
Scope of MBA: Top Companies and Recruiters in Indore
An MBA can be used in a wide variety of situations in the modern workplace. MBA graduates are in high demand across all industries and fields. The majority of MBA universities position their graduates on campus once they complete a full-time MBA programme to ensure a strong start to their jobs.
Every company, big or small, public or private, hires MBA holders for a variety of jobs. The following is a list of the top companies who hire MBA graduates through university placements:
|MBA Scope: Top Companies|
|HDFC||Larsen & Turbo|
|JP Morgan Chase & Co.||HSBC|
|McKinsey & Company||Nestle|
|Aditya Birla Group||Cipla|
MBA College Fee in Indore
MBA Course Fees in INR 2 lakh to 27 lakh and above
Average MBA Salary in Indore
Pay for MBA graduates in India with 1-4 years of experience: With 1-4 years of expertise, the income can level up to Rs. 4,000,00 per year and greater. Pay for Indian MBAs with five years of experience: After five years of employment, the average salary in India is close to Rs. 8,000,000.
MBA Career Scope: Jobs Roles and Salary
For jobs like team lead and department manager, an MBA candidate is chosen. A manager’s duties frequently include planning, strategizing, carrying out, leading the team, coordinating with clients, collaborating with other departments, assigning work and responsibilities, and reporting to higher authorities on projects completed.
What are the Top Specializations in MBA?
Candidates have the choice of studying an MBA outside of the typical MBA programme with a specialization. In India, there are several different MBA concentrations from which candidates can select. It is recommended that every applicant choose a branch or specialization for their MBA degree because it better equips them with the skills needed for specialized industries like finance, operations, human resources, sales, and marketing, to name a few.
Courses after MBA
Students who are not in a rush to join a certain firm after receiving their MBAs can enrol in a range of professional programmes that will enable them to enter the industry with an even higher income.
The following is a list of the courses, both part-time and full-time, together with their fees, prerequisites, and typical incomes.
|Courses after MBA||Eligibility||Cost||Average Salary|
|CMA||Bachelor’s Degree along with 2 years of Experience||INR 1,00,000||INR 10,00,000 – 12,00,000|
|Fellowship Programme in Management||Post-graduation with 55% aggregate in MA, Msc, M.Com., M.B.A., M.C.A or M.Tech.||INR 6,00,000 – INR 13,00,000||INR 10,00,000 – INR 15,00,000|
|PhD in Management||Master’s degree in the stream of management studies||INR 10,000 – INR 3,00,000||INR 6,00,000 – INR 9,00,000|
|CFA||Graduate from any discipline or in the final year of graduation or 4 years of work experience and possess an International Passport.||INR 40,000 – INR 1,00,000||INR 10,00,000 – INR 12,00,000|
|Executive MBA||Graduate from a recognized university and a minimum specified work experience.||INR 4,00,000 – INR 15,00,000||INR 20,00,000 – INR 25,00,000|
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