MBA Colleges in Indore | Top College Rankings, Placements Programs, Fees, Admission, Specialisations

Indore, one of Madhya Pradesh’s premier cities, is the centre of education and learning. The city of Indore is an ideal choice for those seeking management education in a culturally rich environment. The city boasts significant heritage buildings and greenery. Please refer BYJU’S CAT College Predictor tool.

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In this article,

List of MBA Colleges in Indore
List of MBA Colleges Based on Rankings by Renowned Organisations
Top MBA Specialisations and their Scope
DAVV CET & List of Colleges Accepting DAVV CET
Colleges accepting CAT, XAT, NMAT, GMAT and other Entrance Exam Scores
Reasons to Pursue MBA in Indore

Magnificent buildings and spectacular architectural treats could be experienced in this culturally significant location. Indore is home to some of India’s most prestigious institutions, including the Indian Institute of Management and the University of Devi Ahilya Vishwavidyalaya. Indore is considered one of the emerging educational hubs in India. This article will give you more information on the list of the top 50 MBA colleges in Indore, along with the specialisations offered and eligibility criteria.

List of MBA Colleges in Indore

Name of the Institute	Entrance Exams Accepted	Fees
Prestige University	CMAT CAT	₹ 11 L
Jaipuria Indore – Jaipuria Institute of Management	CMAT MAT	₹ 8.75 L
IIM Indore – Indian Institute of Management	CAT IPMAT	₹ 16.61 L – 28.64 L
DAVV – Devi Ahilya Vishwavidyalaya	DAVV CET	₹ 52.5 K
Devi Ahilya Vishwavidyalaya, Takshashila Campus	CMAT DAVV CET	₹ 84.5 K – 4.34 L
Dr. B.R. Ambedkar University of Social Sciences	Not Prescribed	₹ 61.95 K
Amity Global Business School	Not Prescribed	₹ 4.5 L
SAGE University	Not Prescribed	₹ 1.2 L – 3.44 L
Prestige Institute of Management and Research	CMAT	₹ 2.38 L
Prestige Institute of Engineering Management and Research	CMAT MAT	₹ 3.14 L
NMIMS University	NMAT NMIMS – NPAT	₹ 13.82 L – 15 L
Medi-Caps University	CMAT CAT	₹ 2.05 L
Acropolis Institute of Technology and Research	CMAT DAVV CET	₹ 1.39 L
Indore Institute of Management and Research	CMAT DAVV CET	₹ 1.22 L
Symbiosis University of Applied Sciences	CMAT MAT	₹ 11.3 L
Idyllic Institute of Management	DAVV CET	₹ 1.37 L – 2.93 L
Astral Institute of Technology and Research (Astral )	CMAT CAT	₹ 80.2 K
Sri Aurobindo Institute of Technology	CMAT	Not Prescribed
Shivajirao Kadam Institute of Technology & Management	CMAT	₹ 1.44 L – 2.25 L
Acropolis Faculty of Management and Research	CMAT DAVV CET	₹ 1.3 L
Shri RGP Gujarati Professional Institute	CMAT DAVV CET	₹ 1 L
Maharaja Ranjit Singh College of Professional Sciences	DAVV CET	₹ 1.01 L
Govindram Seksaria Institute of Management and Research	CMAT DAVV CET	₹ 1.06 L
Shri G. S. Institute of Technology and Science	CMAT DAVV CET	₹ 2.34 L
Sushila Devi Bansal College of Technology	CMAT DAVV CET	₹ 96.6 K
Renaissance University	Not Prescribed	₹ 1.04 L – 3.69 L
IPS Academy	CMAT	₹ 2.3 L
Malwa Institute of Technology	CMAT CAT	₹ 1.05 L
Shri Vaishnav Institute of Management	CMAT DAVV CET	₹ 1.2 L – 1.44 L
SIMS – Sanghvi Institute of Management and Science	CMAT MAT	₹ 1.3 L – 1.8 L
TimesPro	CMAT MAT	₹ 6.59 L – 7.7 L
Sushila Devi Bansal College of Engineering	CMAT DAVV CET	₹ 77.2 K
Arihant Institute of Management and Technology	CMAT DAVV CET	₹ 1.03 L – 1.24 L
Indore Indira Business School	CMAT MAT	₹ 3.6 L – 4 L
Lakshmi Narain College of Technology	CMAT CAT	₹ 1.1 L
Vindhya Institute of Technology and Science (VITS Indore)	CMAT DAVV CET	₹ 74 K
Shri Vaishnav Vidyapeeth Vishwavidyalaya	CMAT MAT	₹ 1.49 L
Pioneer Institute of Professional Studies	CMAT MAT	₹ 1.1 L – 2.54 L
CH Institute of Management and Commerce (CHIMC)	CMAT MAT	₹ 1.16 L – 3.45 L
Chameli Devi Group of Institutions	CMAT DAVV CET	₹ 1.03 L
Lal Bahadur Shastri Institute of Technology and Management	CMAT MAT	₹ 3.25 L
AKU – Dr. A.P.J Abdul Kalam University	Not Prescribed	4.02 L
Vikrant Group of Institutions	CMAT MAT	₹ 1.2 L – 4.01 L
Patel Group of Institutions (Patel College of Science & Technology )	CMAT DAVV CET	₹ 92.2 K
Indore Management Institute and Research Centre	DAVV CET	₹ 1 L – 2.54 L
IPS Academy Institute of Business Management and Research	DAVV CET	₹ 1.6 L
Virtual Voyage College of Design, Media and Management	–	₹ 44.7 K
BM College of Technology	CMAT DAVV CET	₹ 91.2 K
Sunstone Eduversity – SAGE University	CMAT MAT	₹ 2.3 L
BM Group of Colleges	CMAT DAVV CET	₹ 1.1 L
Shri Aurobindo Institute of Management	DAVV CET	₹ 99 K – 1.02
Apex Institute of Management and Research (AIMR )	CMAT DAVV CET
Mathuradevi Group of Institutions	DAVV CET CMAT	₹ 1.06 L
Shri Vaishnav Institute of Technology and Science	Not Prescribed	₹ 3.95 L
Lord Krishna College Of Technology	CMAT CAT	₹ 91.2 K
Sapphire Institute of Business Management	Not Prescribed	₹ 3.8 L
Asian Institute of Professional Studies	Not Prescribed	Not Prescribed
Sahib Institute of Management and Research	DAVV CET	₹ 90 K – 2.6 L
Modern Institute of Pharmaceutical Sciences	Not Prescribed	₹ 1.3 L
Swami Vivekanand Group of Institutions	CMAT	₹ 1.1 L
Oxford College of Management	Not Prescribed	₹ 2.54 L
Maharaja Ranjit Singh Group of Institutions	Not Prescribed	₹ 1 L
Vindhya Institute of Management and Research	DAVV CET	₹ 74 K
Rishiraj Institute of Technology	CAT DAVV CET	₹ 75 K
Madhuban Institute of Professional Studies	CMAT DAVV CET	₹ 1.1 L
MI Business School	Not Prescribed	₹ 2.54 L
New Era College of Management	DAVV CET	₹ 78 K
Arihant Institute of Professional Studies	Not Prescribed	₹ 2 L
IPS Academy Institute of Business Management and Research, Sanwer	CMAT	Not Prescribed
Tagore Shiksha Sadan Inter College	DAVV CET	₹ 1.3 L
Sanghvi Innovative Academy	CMAT	₹65,000
Priyatam Institute of Technology and Science	DAVV CET	Not Prescribed
Shivkumarsingh Institute of Science and Technology	DAVV CET	₹ 1.1 L
International School of Business Administration	CMAT DAVV CET	₹ 1.05 L
Malwa Institute of Science & Technology	Not Prescribed	Not Prescribed
Sapient Institute of Management Studies	Not Prescribed	₹ 2.5 L
BM Professional Institute Maharishi Institute of Management Studies Tagore Shiksha College ISBA Institute of Professional Studies International Institute of Professional Studies, Devi Ahilya Vishwavidhyalaya K.K. Vigyan Avam Vyavsaik Adhyayan Mahavidyalaya Radiant Institute of Management and Science Shri Atal Bihari Vajpayee Govt Arts and Commerce College Parijat College Sagar Institute of Research and Technology Shiv Kumar Singh Institute of Technology Shri Yashwant Singh College Shri Jain Diwakar Mahavidyalaya Indore Mahavidyalaya SKS Institute of Business Studies Gurukul Academy BM Institute of Professional Studies, BM Group of Institutions Heritage Academy Artemisia Business School Patel Institute of Management Studies CH College Shree Balaji Institute of Professional Studies RD Memorial College Shree Saraswati Gyanpeeth Shiksha Mahavidyalaya Shakuntala Devi D.Ed. College Astral Institute of Business Studies Chameli Devi Institute of Professional Studies International School of Business Administration Oriental University Institute of Management Studies, Devi Ahilya Vishwavidyalaya International Institute of Professional Studies, DAVV Indore International College Astral Institute of Business Management Institute of Management Studies, Devi Ahilya Vishwavidyalaya Swatantrata Sainani Institute of Business Management Excel Business School Jai Narsingh College Swami Vivekanand College of Engineering Shree Institute of Progressive Studies

List of MBA Colleges Based on Rankings by Renowned Organisations

Rank	Name of the Management Institution	Ranking Organisation
6	IIM Indore – Indian Institute of Management	NIRF
41	Prestige Institute of Management and Research (PG Campus)	The Week
122	Jaipuria Indore – Jaipuria Institute of Management	The Week
275	Shri Vaishnav Institute of Management	Business Today
76-100	IPS Academy	NIRF
259	Acropolis Faculty of Management and Research	Business Today

Top MBA Specialisations and Their Scope

An MBA Specialisation allows students to focus on a certain specialised or managerial subject of interest, allowing them to gain knowledge in a particular industry. As a result of changing competitive landscape and changing market dynamics, globalisation and increasing regulations, MBA specialisations change throughout time. Finance, international business, supply chain management, sales and marketing, and human resource management are some of the most in-demand specialisations that have remained consistent over time. A comprehensive understanding of the above-mentioned MBA specialisation is elaborated on below.

MBA in Human Resource Management

MNCs and organisations are proactively on the hunt for HR professionals having specialist training in human resources. An MBA in Human Resources provides adequate training in the management of people in organisations. Internships, evaluations, and other types of learning are extensively utilised as a part of the curriculum to seek to integrate theoretical and practical hands-on ability to offer students real-world working experience. Work options after an MBA in HR are described below:

Talent Acquisition Specialist	HR Generalist	Employee Relations Manager	Human Resource Consultant
Human Resource Manager	Human Resource Executive	Assistant HR	Employee Relations Manager

MBA in Finance

An MBA with a finance concentration can help you advance your career by giving you the skills that the financial sector requires, such as corporate finance, investment analysis and portfolio management, taxation, risk management, cash flows, capital budgeting, acquisitions and mergers, financial performance and capital cost, and financial modelling. Students learn how to develop and implement ideas and strategic tools that will help them recognise, understand, and analyse many aspects of the financial business environment. The financial industry has become increasingly important as businesses face new challenges. As a result, finance has become one of the most sought-after specialisations, as it provides access to a diverse range of financing options. Some of the job opportunities available after earning an MBA in Finance include:

Private Equity Manager

Insurance Manager

Accounting Manager

Credit Risk Manager

Financial Analyst

Financial Consultant

Chief Financial Officer

Equity Analysts

Asset Manager

Investment Banking Manager

Retail Banking Manager

Taxation Expert

MBA in Sales and Marketing

Marketing entails creating and recognising the changing demands of customers, managing sales, controlling worldwide marketing and distribution operations, and ensuring that items are delivered on time, among other things. This specialisation provides the knowledge and skills needed to successfully run a marketing department and give value to clients and apply a durable marketing approach while also adopting new techniques made possible by emerging technologies. Pricing, promotion, branding, and customer psychology, are some of the topics that are all covered in-depth to assist marketers in understanding and influencing consumer behaviour. This course covers sales and marketing operations, customer relationship management, and how to use technology to increase sales force effectiveness, among other topics. Some of the job opportunities available after earning an MBA in Sales and marketing include:

Brand Manager	Product Manager	Retailing Manager
Product Marketing Analyst	Digital Marketing Executive	Marketing Manager

DAVV CET & List of Colleges Accepting DAVV CET

DAVV CET, also known as the Devi Ahilya Vishwavidyalaya Common Entrance Test, is a management entrance examination and the premier entrance examination to various other PG programmes. Most of the management colleges in the city accept this entrance exam. The highlights of the exam are listed below:

Features	DAVV CET
Exam Name	Devi Ahilya Vishwavidyalaya Common Entrance Test
Exam Frequency	Once a year
Total No of. Questions	100 Questions
Exam Fees	INR 1500
Exam Level	State Exam
Conducting Body	Devi Ahilya Vishwavidyalaya
Question Type	MCQ Questions
List of Colleges Accepting DAVV CET
Apex Institute of Management and Research – AIMR Modern Institute of Professional Studies Shri Aurobindo Institute of Management Mathuradevi Group of Institutions Vindhya Institute of Management and Research Lord Krishna College Of Technology Sahib Institute of Management and Research Madhuban Institute of Professional Studies Malwa Institute of Science & Technology Rishiraj Institute of Technology Techno Engineering College Sanghvi Innovative Academy Shivkumarsingh Institute of Science and Technology Priyatam Institute of Technology and Science

Colleges Accepting CAT, XAT, NMAT, GMAT and Other Entrance Exam Scores

CAT	IIM Indore – Indian Institute of Management Medi-Caps University SUAS Indore – Symbiosis University of Applied Sciences Jaipuria Institute of Management Lal Bahadur Shastri Institute of Technology and Management Pioneer Institute of Professional Studies Indore Indira Business School – IIBS Indore Shri Vaishnav Institute of Technology and Science Prestige Institute of Engineering Management and Research International School of Business Administration Vikrant Institute of Business Management Lakshmi Narain College of Technology Rishiraj Institute of Technology Girnar Business School Oxford College of Management Sapient Institute of Management Studies
XAT	Symbiosis University of Applied Sciences Sanghvi Institute of Management and Science – SIMS Indore Indira Business School Jaipuria Indore – Jaipuria Institute of Management Shri Vaishnav Vidyapeeth Vishwavidyalaya Lal Bahadur Shastri Institute of Technology and Management Pioneer Institute of Professional Studies Vikrant Group of Institutions Prestige Institute of Engineering Management and Research The Sunstone Edge – SAGE Campus
NMAT	NMIMS University TimesPro Lal Bahadur Shastri Institute of Technology and Management
GMAT	SIMS – Sanghvi Institute of Management and Science Indore Indira Business School Vikrant Group of Institutions The Sunstone Edge at SAGE Campus Prestige Institute of Engineering Management and Research
MAT	Symbiosis University of Applied Sciences SIMS – Sanghvi Institute of Management and Science Indore Indira Business School Jaipuria Indore – Jaipuria Institute of Management Shri Vaishnav Vidyapeeth Vishwavidyalaya Lal Bahadur Shastri Institute of Technology and Management Pioneer Institute of Professional Studies Vikrant Group of Institutions The Sunstone Edge at SAGE Campus CH Institute of Management and Commerce

Reasons to Pursue MBA in Indore

Indore education is a fantastic choice for students who desire to pursue their management education. Indore is one of India’s most populated cities, and due to the presence of prestigious universities, such as the IIM-Indore and other notable institutions, many students from throughout the country flock to Indore to pursue higher education. Being one of Madhya Pradesh’s most important cities, it is the state’s educational and learning capital. Because of the numerous companies and IT parks that surround the city, it is also regarded as an industrial hub and a commercial centre. Because of the near proximity to industries, an MBA in Indore ensures better placements and allows students to acquire hands-on experience. The city’s various parts are connected by efficient public transportation systems, and additional innovations are being added to enhance the system. The majority of Indore’s institutions are associated with the University of Devi Ahilya Vishwavidyalaya, one of India’s oldest universities, formed in 1964. Indore is a wonderful city to pursue higher education since it efficiently shapes students’ professional pathways.