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.

In this article,

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.

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