Top 10 MBA Colleges in Indore 2026 List
With loads of MBA programs offered through official universities, Indore has emerged as a top location for management education. Students can select from many specialisations. SAGE University powered by Sunstone, IIM Indore - Indian Institute of Management, Jaipuria Indore - Jaipuria Institute of Management, Prestige Institute of Management and Research are some of the most famous B-schools in Indore.
Emerging Trends in MBA Education in Indore
The demands of the modern industry are being met by MBA programs in Indore as a result of growing technical breakthroughs and shifting company dynamics. Among the major trends are:
- Combining AI and Data Analytics: To meet the growing need for tech-driven decision-making, several MBA faculties in Indore now include courses in AI, Big Data, and Business Analytics.
- Emphasis on Startups and Entrepreneurship: SAGE University powered by Sunstone and IIM Indore - Indian Institute of Management are examples of institutions that offer incubators to support aspiring entrepreneurs.
- ESG and Sustainability Courses: To prepare students for roles in Corporate Social Responsibility (CSR), Environmental, Social, and Governance (ESG), management has become a crucial component of modern MBA programs.
- Online and Hybrid Learning Models: With mixed learning modules and online assignments, many MBA colleges in Indore now provide flexible learning options.
Key Features of the Best MBA Colleges in Indore (2026)
The salient features of MBA programs in Indore are indexed below:
| Category | Details |
|---|---|
| Total MBA Colleges In Indore | 99+ |
| Ownership | 72 Private, 6 Government |
| Top MBA Specializations | Finance, HR, Marketing, Operations, Business Analytics |
| Accepted Management Entrance Exams | CAT, XAT, MAT, CMAT, ATMA |
Best MBA Colleges in Indore ROI, Fees & Placements Compared (2025)
In Indore there are hundreds of MBA colleges. Here, we have curated the list of the Best B-schools you can aim for, if you are looking for top MBA colleges in Indore.
| Best MBA Colleges | Exams Accepted | Total Tuition Fees | Average Package |
|---|---|---|---|
| SAGE University powered by Sunstone | CAT, CMAT, MAT, ATMA, SEE, | ₹3 Lakhs | |
| IIM Indore - Indian Institute of Management | IPMAT, CAT, | ₹17.25 - 35 Lakhs | ₹25.68 Lakhs Per Annum |
| Jaipuria Indore - Jaipuria Institute of Management | CAT, CMAT, MAT, XAT, | ₹11.75 Lakhs | ₹7 Lakhs Per Annum |
| Prestige Institute of Management and Research | CMAT, | ₹2.7 Lakhs | ₹5 Lakhs Per Annum |
| Lal Bahadur Shastri Institute of Technology and Management | CAT, CMAT, MAT, XAT, SNAP, NMAT, | ₹78 Thousand - 1.22 Lakhs | |
| Govindram Seksaria Institute of Management and Research | CMAT, | ₹1.28 Lakhs | 1 |
| NMIMS, Indore | NMAT, NMIMS CET | ₹ 18 Lakhs | ₹8 - 12.4 Lakhs Per Annum |
| DAVV - Devi Ahilya Vishwavidyalaya | CUET-PG, CUET, | ₹30.8 Thousand - 2.1 Lakhs | ₹5.3 - 7.3 Lakhs Per Annum |
| SAGE University, Indore | SEE, | ₹1.5 - 3.56 Lakhs | ₹3.44 Lakhs Per Annum |
| Prestige University | CAT, CMAT, XAT, NMAT, | ₹11 - 18.5 Lakhs |
Admission Process for MBA Programs in Indore
The MBA admission process starts with the registration of Management entrance exams for top MBA Colleges in Indore.
- The first step in the admission process for top MBA Colleges in Indore is the MBA entrance test registration such as for CAT, XAT, CMAT, MAT, and others.
- The second step is to apply for MBA/PGDM admission to the top institutions in Indore.
- The third step is to review the eligibility requirements of the best management institutes in Indore.
- Finally, after selecting the best universities, review the cutoff list and prepare for GD and PI.
- The final step will be to pay the fee.
Importance of CAT Coaching in MBA Admissions
For admission to top MBA colleges in Indore, such as SAGE University powered by Sunstone, IIM Indore - Indian Institute of Management, Jaipuria Indore - Jaipuria Institute of Management, Prestige Institute of Management and Research, a good CAT score is crucial. ChunoCollege provides a list of the top CAT coaching institutes in Indore to help you prepare effectively for the CAT exam.
Eligibility Criteria for the Best MBA Colleges in Indore
- A bachelor's degree in any region with at least 50% marks.
- Scores from checks like CAT, MAT, XAT, CMAT, or ATMA.
- Some institutions use group discussions (GD) and personal interviews (PI) as part of the choice method.
Several national-level entrance tests that examine numerous business observation skills are used to decide admission to MBA institutes in Indore. A comprehensive table outlining the main admission examinations can be found below:
| Exam Name | Number of Colleges Accepting | Exam Description |
|---|---|---|
| CAT (Common Admission Test) | 22 | Conducted by IIMs. It is considered one of India's most competitive MBA entrance assessments. It evaluates Quantitative Aptitude, Logical Reasoning, Data Interpretation, and Verbal Ability. |
| MAT (Management Aptitude Test) | 14 | Conducted by AIMA. MAT is held in PBT, CBT, and IBT modes. It is relatively easier. It checks Language Comprehension & Mathematical Skills. |
| CMAT (Common Management Admission Test) | 42 | Conducted by NTA. It is a famous MBA entrance test that assesses Quantitative Techniques, Logical Reasoning, Language Comprehension, and General Awareness. |
| XAT (Xavier Aptitude Test) | 10 | Conducted by XLRI Jamshedpur. It comprises Decision Making, which makes it particular as compared to other exams. |
| ATMA (AIMS Test for Management Admissions) | 7 | Conducted by AIMS. It is a laptop-based exam focusing on Analytical Reasoning, Verbal Skills, and Quantitative Aptitude. It is accepted by various private and government B-schools. |
NIRF Rankings of the Best MBA Colleges in Indore
Colleges are ranked according to perception, research, placements, and the quality of their education by the National Institutional Ranking Framework (NIRF). The top MBA schools in Indore for the last three years are compared in the NIRF rankings below.
| B-School Name | NIRF Ranking 2024 | NIRF Ranking 2023 | NIRF Ranking 2022 |
|---|---|---|---|
| IIM Indore - Indian Institute of Management | N/A | 8 | 8 |
Upcoming MBA Entrance Exams in 2025
Candidates need to take entrance exams if they need to join one of Indore's pinnacle MBA schools. Each of these tests has its eligibility requirements and format, and they are administered at several times at some point of the twelve months. The most latest time table for the 2025 MBA entrance assessments is furnished below:
| Exam Name | Exam Date |
|---|---|
| ATMA 2025 | 23 February 2025 |
| CUET-PG 2025 | 13-31 March 2025 |
| MAT CBT 2025 | 23 March 2025 |
| XAT 2025 | Completed (5 January 2025) |
| CMAT 2025 | Completed (25 January 2025) |
Private MBA Colleges in Indore: Fees and Seat Availability
The prestigious MBA schools in Indore offer top-notch management training with some specializations. National exams like CAT, MAT, XAT, and CMAT allow university students several alternatives for admission. An extensive summary of Indore's private MBA schools is provided below, together with information on admission requirements, costs, and recognized entrance exams:
| Private MBA Colleges | Best MBA Colleges in Indore with Fees | Seat Intake | Entrance Exams |
|---|---|---|---|
| Jaipuria Indore - Jaipuria Institute of Management fees | ₹11.75 L | -- | CAT, CMAT, MAT, XAT |
| Prestige Institute of Management and Research fees | ₹2.7 L | -- | CMAT |
| Lal Bahadur Shastri Institute of Technology and Management fees | ₹78 K - 1.22 L | -- | CAT, CMAT, MAT, XAT, SNAP, NMAT |
| NMIMS, Indore fees | ₹ 18 L | -- | NMAT, NMIMS CET |
| SAGE University, Indore fees | ₹1.5 - 3.56 L | -- | SEE |
Top Government MBA Colleges in Indore with Fees and Admission Details
Government MBA schools in Indore provide great options for individuals seeking an MBA degree at a reasonable cost without sacrificing quality. In comparison to private universities, these institutions provide reduced tuition costs and accept national entrance tests such as the CAT, XAT, MAT, and CUET-PG. The list of best government MBA schools in Indore is provided below, along with information on entrance examinations, costs, and seat availability.
| College Name | Total Fees (INR) | Seat Intake | Entrance Exam |
|---|---|---|---|
| IIM Indore - Indian Institute of Management fees | ₹17.25 - 35 L | -- | IPMAT, CAT |
| DAVV - Devi Ahilya Vishwavidyalaya fees | ₹30.8 K - 2.1 L | -- | CUET-PG, CUET |
| Institute of Management Studies, Devi Ahilya Vishwavidyalaya fees | ₹87.12 K - 1.8 L | -- | CUET-PG, CUET |
| Devi Ahilya Vishwavidyalaya, Takshashila Campus fees | ₹99.28 K - 1.48 L | -- | CMAT, CUET-PG, MP Vyapam |
| International Institute of Professional Studies, Devi Ahilya Vishwavidhyalaya fees | -- |
Return on Investment (ROI): Comparing Fees and Salary Packages
Choosing an MBA college involves evaluating tuition costs against expected salary packages.
| College Name | Total Fees (INR) | Average Salary Package (INR) |
|---|---|---|
| SAGE University powered by Sunstone | ₹3 L | |
| IIM Indore - Indian Institute of Management | ₹17.25 - 35 L | ₹25.68 LPA |
| Jaipuria Indore - Jaipuria Institute of Management | ₹11.75 L | ₹7 LPA |
| Prestige Institute of Management and Research | ₹2.7 L | ₹5 LPA |
| Lal Bahadur Shastri Institute of Technology and Management | ₹78 K - 1.22 L |
Popular MBA Specializations in Indore
To assist students in becoming experts in a variety of management fields, MBA schools in Indore provide a wide choice of specializations. With meeting various market demands, these specializations enable students to pursue careers in their chosen fields. The top MBA concentrations in Indore are shown below, along with the number of universities that offer them:
| Top Specializations | Number of Colleges Offering | Notable Colleges |
|---|---|---|
| Sales & Marketing | 17 | Jaipuria Indore, ABS Indore, Institute of Management Studies |
| Finance | 17 | Jaypee Business School, Asian Business School, Indore International University |
| Human Resources (HR) | 16 | JIIT, Delhi Institute of Higher Education, SIBM |
| IT & Systems | 12 | Jaypee Business School, Hierank Business School, JIIT |
| Operations | 11 | IMS Indore, Jaypee Business School, Asian Business School |
| International Business | 9 | Amity University Indore, IMS Indore, Jaypee Business School |
Career Growth After an MBA from Indore
Obtaining an MBA from a good Indore university gives entry to an extensive variety of job alternatives in numerous industries. Graduates land jobs in marketing, operations, IT, consulting, finance, and other fields wherein employers provide competitive pay and room for development. Career trajectories are mostly determined by the expertise selected, with consulting, marketing, and finance being some of the most lucrative industries. An extensive summary of employment options following an MBA from Indore can be found below:
| Career Path | Industry & Roles | Top Hiring Companies |
|---|---|---|
| Investment Banking & Financial Services | Finance Managers, Investment Bankers, Risk Analysts | JP Morgan, Goldman Sachs, HDFC Bank |
| Consulting & Strategy Roles | Business Consultants, Strategy Analysts | Deloitte, EY, KPMG |
| Tech Management & IT Consulting | IT Consultants, Business Analysts, Product Managers | Infosys, TCS, Wipro |
| Marketing & Digital Strategy | Digital Marketers, Brand Managers, Market Analysts | Amazon, Unilever, Flipkart |
| Operations & Supply Chain Management | Logistics Managers, Procurement Specialists | Tata Motors, Reliance, DHL |
Comparison of Top 5 MBA Colleges In Indore
| Top MBA College Name | Duration of the Program | NIRF Ranking | Total MBA Program Fees (INR) | Average Salary after MBA (INR) |
|---|---|---|---|---|
| SAGE University powered by Sunstone | 2-Year | Not Ranked | ₹3 Lakhs | Not available |
| IIM Indore - Indian Institute of Management | 2-Year | #8 NIRF | ₹17.25 - 35 Lakhs | ₹25.68 Lakhs Per Annum |
| Jaipuria Indore - Jaipuria Institute of Management | 2-Year | Not Ranked | ₹11.75 Lakhs | ₹7 Lakhs Per Annum |
| Prestige Institute of Management and Research | 2-Year | Not Ranked | ₹2.7 Lakhs | ₹5 Lakhs Per Annum |
| Lal Bahadur Shastri Institute of Technology and Management | 2-Year | Not Ranked | ₹78 Thousand - 1.22 Lakhs | Not available |
Best Mba Colleges in Indore with Low Fees
Top Mba Colleges in Indore with Good ROI
Top 10 Mba Colleges in Indore through MAH-CET
Top 10 Mba Colleges in Indore through CAT
Top 10 Mba Colleges in Indore Through NMAT
Top 10 Mba Colleges in Indore Through XAT
Top 10 Mba Colleges in Indore Through CMAT
Best Private Mba Colleges in Indore
Best Government Mba Colleges in Indore
Top Mba Colleges in Indore with Good Placement
Compare Other Colleges
-
SAGE University powered by Sunstone₹3 LVS
IIM Indore - Indian Institute of Management₹17.25 - 35 L -
SAGE University powered by Sunstone₹3 LVS
Jaipuria Indore - Jaipuria Institute of Management₹11.75 L -
SAGE University powered by Sunstone₹3 LVS
Prestige Institute of Management and Research₹2.7 L -
SAGE University powered by Sunstone₹3 LVS
Lal Bahadur Shastri Institute of Technology and Management₹78 K - 1.22 L -
SAGE University powered by Sunstone₹3 LVS
Govindram Seksaria Institute of Management and Research₹1.28 L -
SAGE University powered by Sunstone₹3 LVS
NMIMS, Indore₹ 18 L
What is the Fee for Top B-Schools in indore?
The management institutes in indore are cost-effective and offer excellent placement opportunities to their students.
Below is a list of top B-Schools in indore along with their fee structure and NIRF ranking for 2023:
| B-Schools | Total Program fee | NIRF Ranking(2023) |
|---|---|---|
| SAGE University powered by Sunstone | ₹3 L | |
| IIM Indore - Indian Institute of Management | ₹17.25 - 35 L | #8 NIRF |
| Jaipuria Indore - Jaipuria Institute of Management | ₹11.75 L | #101-125 NIRF |
| Prestige Institute of Management and Research | ₹2.7 L | #71 Business Today |
| Lal Bahadur Shastri Institute of Technology and Management | ₹78 K - 1.22 L | |
| Govindram Seksaria Institute of Management and Research | ₹1.28 L | #65 Times |
| NMIMS, Indore | ₹ 18 L | |
| DAVV - Devi Ahilya Vishwavidyalaya | ₹30.8 K - 2.1 L |
The total tuition fee for the SAGE University powered by Sunstone MBA Program is ₹3 L. among the top 100 MBA/PGDM colleges in India in NIRF.
IIM Indore - Indian Institute of Management is ranked 2nd in the Management category by NIRF, and its MBA program fee is INR 10.50 L.
The total tuition fee for the MBA/PGDM program of the Institute of Management, Jaipuria Indore - Jaipuria Institute of Management is ₹11.75 L.
Frequently Asked Questions About Management Colleges in indore
Q: Is there an Indian Institute of Management in indore?
A: There is only one IIM in indore is SAGE University powered by Sunstone.
Q: What are the pinnacle MBA colleges in indore with a fee structure?
A: Students need to pay ₹₹3 LL for an MBA at SAGE University powered by Sunstone, whereas IIM Indore - Indian Institute of Management indore MBA fees reach approximately ₹₹17.25 - 35 LL. MBA students at Jaipuria Indore - Jaipuria Institute of Management must pay tuition fees of ₹₹11.75 LL.
Q: What are the 10 top MBA colleges in indore?
A: The 10 top MBA colleges in indore are SAGE University powered by Sunstone, IIM Indore - Indian Institute of Management, Jaipuria Indore - Jaipuria Institute of Management, Prestige Institute of Management and Research, Lal Bahadur Shastri Institute of Technology and Management, Govindram Seksaria Institute of Management and Research, NMIMS, Indore, DAVV - Devi Ahilya Vishwavidyalaya, SAGE University, Indore, Prestige University.
Q: What are the preferred MBA colleges in indore?
A: The excellent MBA colleges in indore include SAGE University powered by Sunstone, IIM Indore - Indian Institute of Management, Jaipuria Indore - Jaipuria Institute of Management, Prestige Institute of Management and Research, Lal Bahadur Shastri Institute of Technology and Management.
Q: Which are some top-tier management colleges in indore?
A: The notable MBA colleges in indore are SAGE University powered by Sunstone, IIM Indore - Indian Institute of Management, Jaipuria Indore - Jaipuria Institute of Management, Prestige Institute of Management and Research, etc.
Q: Where can students find the top MBA University in indore?
A: The widely considered top MBA university in indore is the SAGE University powered by Sunstone.
Q: Which college is best for doing an MBA in indore?
A: The best college for doing an MBA in indore is SAGE University powered by Sunstone, which ranked in the NIRF Ranking 2024.
Q: Which are the best management colleges in indore?
A: The best management college in indore is SAGE University powered by Sunstone. SAGE University powered by Sunstone holds the position in NIRF 2025. The average package offered to the students of SAGE University powered by Sunstone is LPA for the 2024 placement session.
Q: What is the fee for an MBA at Lal Bahadur Shastri Institute of Technology and Management?
A: The fee for the MBA/PGDM in Lal Bahadur Shastri Institute of Technology and Management is ₹₹78 K - 1.22 L Lakhs.
Q: What are the fees for the Jaipuria Indore - Jaipuria Institute of Management MBA?
A: The total MBA fee for the Jaipuria Indore - Jaipuria Institute of Management is ₹₹11.75 L Lakhs for general category students, which is divided and paid in installments over four semesters.
Q: What are some of the good private colleges for a MBA in indore?
A: The good private MBA colleges in indore are SAGE University powered by Sunstone, IIM Indore - Indian Institute of Management, Jaipuria Indore - Jaipuria Institute of Management, Prestige Institute of Management and Research, Lal Bahadur Shastri Institute of Technology and Management, etc.
Q: What are the top MBA colleges in indore according to NIRF 2024?
A: The top MBA Colleges in indore according to NIRF 2024 are:
| Name of the Institute | NIRF 2024 ranking |
|---|---|
| SAGE University powered by Sunstone | |
| IIM Indore - Indian Institute of Management | #8 NIRF |
| Jaipuria Indore - Jaipuria Institute of Management | #101-125 NIRF |
| Prestige Institute of Management and Research | #71 Business Today |
| Lal Bahadur Shastri Institute of Technology and Management |
