IIM Indore, Jaipuria Indore, PIMR Indore, IPS Academy Indore, and GSIMR Indore are among the top and best MBA colleges in Indore. IIM Indore leads with a CD Score of 859 out of 1000, followed by Jaipuria Indore at 483 and PIMR Indore at 442.
Key Summary
- Fee Range: Government - 60.98 K at BRAUSS Indore to 21.86 Lakh at IIM Indore | Private - 1.12 Lakh at Chameli Devi Group of Institutions Indore to 13.65 Lakh at Jaipuria Indore.
- Placements: Average/Median Package - 3.44 LPA at Medicaps University Indore to 27.30 LPA at IIM Indore | Highest Package - 24 LPA at SGSITS Indore to 82.50 LPA at IIM Indore. Jaipuria Indore has the second-highest average/median package at 9 LPA.
- Best ROI: Shivajirao Kadam Group of Colleges Indore has a 458.33% ROI with a course fee of 1.20 Lakh and an average/median package of 5.50 LPA.
- Top Government Options: IIM Indore (27.30 LPA), IIPS Indore (6 LPA) and Devi Ahilya Vishwavidyalaya Indore (5.30 LPA).
- Top Private Options: Jaipuria Indore (9 LPA), Shivajirao Kadam Group of Colleges Indore (5.50 LPA) and Acropolis Group of Institutions Indore (4.50 LPA).
- Main Entrance Routes: CMAT, MP Counselling, CAT, MAT, XAT and ATMA; programme eligibility and selection rounds vary.
MBA Colleges in Indore 2026
| Rankings in Indore | College Name | Total Course Fees (INR) | CD Score (Out of 1000) | Average/Median Package | Highest Package | MBA Cutoff (General) |
|---|---|---|---|---|---|---|
| 1 | IIM Indore | 21.86 Lakh | 859 | 27.30 LPA | 82.50 LPA | 90 CAT %ile |
| 2 | Jaipuria Indore | 13.65 Lakh | 483 | 9.00 LPA | 24.11 LPA | 50 CAT %ile |
| 3 | PIMR Indore | 7.43 Lakh | 442 | 4.74 LPA | - | 366-584 MP Counselling Rank |
| 4 | IPS Academy Indore | 2.90 Lakh | 378 | 4.05 LPA | - | - |
| 5 | GSIMR Indore | 1.57 Lakh | 368 | - | - | 483 MP Counselling Rank |
| 6 | Acropolis Group of Institutions Indore | 1.38 Lakh | 359 | 4.50 LPA | - | - |
| 7 | SVIMS Indore | 1.73 Lakh | 359 | 4.50 LPA | - | 555 MP Counselling Rank |
| 8 | Chameli Devi Group of Institution Indore | 1.12 Lakh | - | - | - | - |
| 9 | Medicaps University Indore | 6.17 Lakh | - | 3.44 LPA | - | - |
| 10 | SGSITS Indore | 2.43 Lakh | - | - | 24.00 LPA | - |
Note: The CD Score is the sum of academic and placement scores. The academic scores are calculated based on state exam cutoffs or all-India entrance exam cutoffs, along with student reviews, NAAC rankings, and agency ratings. The Placement Scores are calculated based on the average package, median package, and the number of students placed from each college.
Ques. What is the placement scenario at the top MBA colleges in Indore?
Ans. IIM Indore has the highest average/median package at 27.30 LPA, followed by Jaipuria Indore at 9 LPA and IIPS Indore at 6 LPA. IIM Indore also records the highest package at 82.50 LPA, followed by Shivajirao Kadam Group of Colleges Indore at 58.50 LPA. Recruiters include Deloitte, KPMG, Amazon, TCS, Infosys and ICICI Bank.
Ques. What is the admission procedure for MBA colleges in Indore?
Ans. Admission is based on CMAT, MP Counselling, CAT, MAT, XAT or ATMA scores, followed by group discussion and personal interview rounds. Most colleges require a bachelor’s degree with a minimum of 50% marks, and IIM Indore shortlists candidates at a 90 CAT percentile before its WAT and GDPI rounds.
Ques. Which MBA colleges in Indore offer the best return on investment?
Ans. Shivajirao Kadam Group of Colleges Indore has the highest ROI at 458.33%, with a course fee of 1.20 Lakh and an average/median package of 5.50 LPA. IIPS Indore follows at 437.96%, and GACC Indore at 420.98%. ROI is calculated as the average/median annual package divided by total course fees, multiplied by 100.
Ques. Which is the cheapest MBA college in Indore?
Ans. Indore School of Social Work is the cheapest MBA college in Indore at 14.50 K for its PGDM, followed by RKITM Indore at 48 K and SDBC Indore at 60 K. BRAUSS Indore has the lowest government MBA fee at 60.98 K.
Ques. Which college is a better choice: Jaipuria Indore or PIMR Indore?
Ans. Jaipuria Indore offers a PGDM at 13.65 Lakh with an average/median package of 9 LPA. PIMR Indore offers MBA Financial Administration at 7.43 Lakh with an average/median package of 4.74 LPA. Their ROIs are 65.93% and 63.80%, respectively. Here is a comparison of the two colleges.
| Criteria | Jaipuria Indore | PIMR Indore |
|---|---|---|
| CD Score | 483 | 442 |
| Programme | PGDM | MBA Financial Administration |
| Total Fees (INR) | 13.65 Lakh | 7.43 Lakh |
| Average/Median Package | 9.00 LPA | 4.74 LPA |
| Highest Package | 24.11 LPA | - |
| MBA Cutoff (General) | 50 CAT %ile | 366-584 MP Counselling Rank |
| ROI (%) | 65.93% | 63.80% |
Ques. Which specialisations are offered by MBA colleges in Indore?
Ans. General MBA is the most widely offered programme in Indore, with 69 colleges, followed by Finance and Marketing at 52 colleges each and Human Resources Management at 42 colleges.
| Specialisation | Number of Colleges | Top Colleges |
|---|---|---|
| General | 69 | IIM Indore, PIMR Indore, IBMR Indore |
| Finance | 52 | PIMR Indore, GSIMR Indore, IBMR Indore |
| Marketing | 52 | PIMR Indore, GSIMR Indore, AFMR Indore |
| Human Resources Management | 42 | IIM Indore, PIMR Indore, Acropolis Group of Institutions Indore |
| Operations Management | 34 | GSIMR Indore, Medicaps University Indore, AFMR Indore |
| Information Technology | 27 | SVIMS Indore, Medicaps University Indore, Shivajirao Kadam Group of Colleges Indore |
| Business Analytics | 14 | GSIMR Indore, Medicaps University Indore, IIM Indore |
Ques. Which MBA colleges in Indore accept CAT scores?
Ans. CAT is accepted by 20 MBA colleges in Indore. IIM Indore has the highest reported CAT cutoff at 90 percentile, followed by Jaipuria Indore at 50 percentile and LBSITM Indore at 25 percentile.
| College Name | Total Course Fee | CAT Cutoff (General) |
|---|---|---|
| IIM Indore | 21.86 Lakh | 90 CAT %ile |
| Jaipuria Indore | 13.65 Lakh | 50 CAT %ile |
| LBSITM Indore | 1.10 Lakh | 25 CAT %ile |
Ques. Which MBA colleges in Indore accept MP Counselling scores?
Ans. MP Counselling is accepted by 39 MBA colleges in Indore, the same as CMAT. PIMR Indore has the lowest reported closing rank at 366 to 584, followed by GSIMR Indore at 483 and SVIMS Indore at 555.
| College Name | MP Counselling Cutoff (Closing Rank) | Total Course Fee |
|---|---|---|
| PIMR Indore | 366-584 | 7.43 Lakh |
| GSIMR Indore | 483 | 1.57 Lakh |
| SVIMS Indore | 555 | 1.73 Lakh |
| IBMR Indore | 1602 | 2.30 Lakh |
| AFMR Indore | 2696 | 2.27 Lakh |
| IMI Indore | 2853 | 80.00 K |
- Placement of MBA Colleges in Indore 2026
- Government MBA Colleges in Indore 2026
- Private MBA Colleges in Indore 2026
- Top-Ranked MBA Colleges in Indore by Various Agencies
- MBA Colleges in Indore: Admission 2026
- MBA Colleges in Indore Without CAT
- Cheapest MBA Colleges in Indore 2026
- MBA Colleges in Indore FAQs
Placement of MBA Colleges in Indore 2026
IIM Indore has the highest average/median package among the top 10 MBA colleges in Indore at 27.30 LPA, followed by Jaipuria Indore at 9 LPA and IIPS Indore at 6 LPA.
IIM Indore also records a highest package of 82.50 LPA, while Shivajirao Kadam Group of Colleges Indore delivers the strongest ROI at 458.33% on a course fee of 1.20 Lakh. Here are the placement details of the MBA colleges in Indore with published average or median packages.
| College Name | Total Fees (INR) | Average/Median Package | Highest Package | ROI (%) | Top Recruiters |
|---|---|---|---|---|---|
| IIM Indore | 21.86 Lakh | 27.30 LPA | 82.50 LPA | 124.89% | Deloitte, KPMG, Boston Consulting Group, American Express, Bank of America |
| Jaipuria Indore | 13.65 Lakh | 9.00 LPA | 24.11 LPA | 65.93% | Amazon, Deloitte, Bose, Mahindra Rise, Amul |
| IIPS Indore | 1.37 Lakh | 6.00 LPA | - | 437.96% | Flipkart, Berger Paints, Deloitte, Bandhan Bank, IIFL |
| Shivajirao Kadam Group of Colleges Indore | 1.20 Lakh | 5.50 LPA | 58.50 LPA | 458.33% | Amazon, IBM, Wipro, HSBC Bank, Kotak Group |
| Devi Ahilya Vishwavidyalaya Indore | 1.66 Lakh | 5.30 LPA | - | 319.28% | TCS, Infosys, Mahindra Group, Reliance |
| PIMR Indore | 7.43 Lakh | 4.74 LPA | - | 63.80% | TCS, EY, Infosys, ICICI Bank, Deloitte |
| SVIMS Indore | 1.73 Lakh | 4.50 LPA | - | 260.12% | HDFC Bank, ICICI, TCS, Jaro Education, Amazon |
| GACC Indore | 83.14 K | 3.50 LPA | - | 420.98% | Infosys, TCS, Aquafina, BYJU’S, Mahindra |
| Medicaps University Indore | 6.17 Lakh | 3.44 LPA | - | 55.75% | TCS, Amazon, Mahindra Group, Axis Bank, Capgemini |
Government MBA Colleges in Indore 2026
Indore has 6 government MBA colleges. IIM Indore, SGSITS Indore, and GACC Indore are among the top Government MBA colleges in Indore.
MBA fees range from 60.98 K at BRAUSS Indore to 21.86 Lakh at IIM Indore. IIM Indore has an average/median package of 27.30 LPA, followed by IIPS Indore at 6 LPA and Devi Ahilya Vishwavidyalaya Indore at 5.30 LPA.
| College Name | Average/Median Package | Highest Package | Total Fees (INR) |
|---|---|---|---|
| IIM Indore | 27.30 LPA | 82.50 LPA | 21.86 Lakh |
| SGSITS Indore | - | 24.00 LPA | 2.43 Lakh |
| GACC Indore | 3.50 LPA | - | 83.14 K |
| Devi Ahilya Vishwavidyalaya Indore | 5.30 LPA | - | 1.66 Lakh |
| BRAUSS Indore | - | - | 60.98 K |
| IIPS Indore | 6.00 LPA | - | 1.37 Lakh |
Private MBA Colleges in Indore 2026
Indore has 88 private MBA colleges. Jaipuria Indore, PIMR Indore, and IPS Academy Indore are among the top Private MBA colleges in Indore.
Fees in the table range from 1.12 Lakh at Chameli Devi Group of Institution Indore to 13.65 Lakh at Jaipuria Indore. Average/median packages range from 3.44 LPA at Medicaps University Indore to 9 LPA at Jaipuria Indore.
| College Name | Average/Median Package | Highest Package | Total Fees (INR) |
|---|---|---|---|
| Jaipuria Indore | 9.00 LPA | 24.11 LPA | 13.65 Lakh |
| PIMR Indore | 4.74 LPA | - | 7.43 Lakh |
| IPS Academy Indore | 4.05 LPA | - | 2.90 Lakh |
| GSIMR Indore | - | - | 1.57 Lakh |
| Acropolis Group of Institutions Indore | 4.50 LPA | - | 1.38 Lakh |
| SVIMS Indore | 4.50 LPA | - | 1.73 Lakh |
| Chameli Devi Group of Institution Indore | - | - | 1.12 Lakh |
| Medicaps University Indore | 3.44 LPA | - | 6.17 Lakh |
| Shivajirao Kadam Group of Colleges Indore | 5.50 LPA | 58.50 LPA | 1.20 Lakh |
| Malwanchal University Indore | - | - | 1.17 Lakh |
Top-Ranked MBA Colleges in Indore by Various Agencies
IIM Indore, Jaipuria Indore, and PIMR Indore are among the top-ranked MBA colleges in Indore. IIM Indore is ranked 9th out of 350 in India by Collegedunia 2026 and 5th by Outlook 2026.
PIMR Indore is ranked 17th by Outlook 2026, 23rd by The Times of India 2026 and 45th by IIRF 2026, while IPS Academy Indore is ranked 57th by India Today 2026. Check out the ranking details in the table below for the MBA colleges in Indore.
| College Name | Collegedunia MBA Ranking | India Today MBA Ranking | IIRF MBA Ranking | Outlook MBA Ranking | The Times of India MBA Ranking |
|---|---|---|---|---|---|
| IIM Indore | 9 | - | - | 5 | - |
| Jaipuria Indore | 159 | - | - | - | - |
| PIMR Indore | 191 | - | 45 | 17 | 23 |
| IPS Academy Indore | 282 | 57 | 90 | - | - |
| GSIMR Indore | 312 | - | - | - | 62 |
| Acropolis Group of Institutions Indore | 329 | - | - | - | - |
| SVIMS Indore | 330 | - | 115 (2025) | - | - |
| Medicaps University Indore | - | 200 (2023) | - | - | - |
MBA Colleges in Indore: Admission 2026
Admission to MBA colleges in Indore is based on CMAT, MP Counselling, CAT, MAT, XAT or ATMA scores, followed by group discussion and personal interview rounds. Candidates need a bachelor’s degree with a minimum of 50% marks, which varies for reserved categories.
| College Name | Total Seats (MBA) | Exam Accepted | Cutoff (General) |
|---|---|---|---|
| IIM Indore | 487 | CAT | 90 CAT %ile |
| PIMR Indore | 900 | MP Counselling | 366-584 |
| GSIMR Indore | 120 | MP Counselling | 483 |
| IBMR Indore | 420 | MP Counselling | 1602 |
| Jaipuria Indore | 180 | CMAT, CAT, ATMA, XAT | 50 CAT %ile |
| Medicaps University Indore | 720 | Merit-based | - |
| AFMR Indore | 300 | MP Counselling | 2696 |
| SVIMS Indore | 360 | MP Counselling | 555 |
| IMI Indore | 660 | MP Counselling | 2853 |
| LBSITM Indore | 360 | CAT, MP Counselling | 25 CAT %ile |
MBA Colleges in Indore Without CAT
MP Counselling is the main non-CAT route in Indore and is accepted by 39 colleges, along with CMAT, XAT and ATMA. Fees for these colleges range from 80 K at IMI Indore to 13.65 Lakh at Jaipuria Indore.
| College Name | Exam Accepted | Total Fees (INR) |
|---|---|---|
| PIMR Indore | MP Counselling | 7.43 Lakh |
| GSIMR Indore | MP Counselling | 1.57 Lakh |
| IBMR Indore | MP Counselling | 2.30 Lakh |
| Jaipuria Indore | XAT, CMAT, ATMA | 13.65 Lakh |
| AFMR Indore | MP Counselling | 2.27 Lakh |
| SVIMS Indore | MP Counselling | 1.73 Lakh |
| IMI Indore | MP Counselling | 80.00 K |
| LBSITM Indore | MP Counselling | 1.10 Lakh |
| Shivajirao Kadam Group of Colleges Indore | MP Counselling | 1.20 Lakh |
| GSB Indore | MP Counselling | 95.50 K |
Cheapest MBA Colleges in Indore 2026
Indore School of Social Work has the lowest fee among the MBA colleges in Indore at 14.50 K, followed by RKITM Indore at 48 K and SDBC Indore at 60 K. Here is the list of the cheapest MBA colleges in Indore along with their total course fees.
| College Name | Course Type | Total Fees (INR) |
|---|---|---|
| Indore School of Social Work | PGDM | 14.50 K |
| RKITM Indore | MBA | 48.00 K |
| SDBC Indore | MBA | 60.00 K |
| BRAUSS Indore | MBA | 60.98 K |
| Shri Jain Diwakar College Indore | MBA | 70.00 K |
| Patel Group of Institutions Indore | MBA | 70.00 K |
| SIHET Indore | MBA | 71.40 K |
| VITS Indore | MBA | 74.00 K |
| VIMR Indore | MBA | 74.00 K |
| Techno Engineering College Indore | MBA | 87.00 K |
MBA Colleges in Indore FAQs
Ques. How many MBA colleges are there in Indore?
Ans. There are 99 MBA/PGDM colleges in Indore, of which 88 are private and 6 are government-owned. 97 colleges offer full-time programmes and 3 offer part-time programmes.
| Category | Number of Colleges in Indore |
|---|---|
| MBA/PGDM colleges | 99 |
| Private MBA colleges | 88 |
| Government MBA colleges | 6 |
| Full-time MBA colleges | 97 |
| Part-time MBA colleges | 3 |
Ques. What is the average salary after completing an MBA in Indore?
Ans. Average/median packages in the top-college table range from 3.44 LPA at Medicaps University Indore to 27.30 LPA at IIM Indore. Jaipuria Indore has a package of 9 LPA, Acropolis Group of Institutions Indore and SVIMS Indore have 4.50 LPA each, and IPS Academy Indore has 4.05 LPA.
Ques. What are the fees of MBA colleges in Indore?
Ans. MBA fees in Indore range from 60.98 K at BRAUSS Indore to 21.86 Lakh at IIM Indore among government colleges. Among private colleges in the table, fees range from 1.12 Lakh at Chameli Devi Group of Institution Indore to 13.65 Lakh at Jaipuria Indore.
| College Type | Fee Range (INR) |
|---|---|
| Government | 60.98 K at BRAUSS Indore to 21.86 Lakh at IIM Indore |
| Private | 1.12 Lakh at Chameli Devi Group of Institution Indore to 13.65 Lakh at Jaipuria Indore |
Ques. What is the cutoff for MBA colleges in Indore?
Ans. IIM Indore has the highest reported cutoff among MBA colleges in Indore at 90 CAT percentile, followed by Jaipuria Indore at 50 percentile and LBSITM Indore at 25 percentile. Colleges admitting through MP Counselling report closing ranks from 366 at PIMR Indore to 2853 at IMI Indore.
Ques. Which is the cheapest private MBA college in Indore?
Ans. Chameli Devi Group of Institution Indore has the lowest private MBA fee in the table at 1.12 Lakh, followed by Shivajirao Kadam Group of Colleges Indore at 1.20 Lakh and Acropolis Group of Institutions Indore at 1.38 Lakh.
Ques. Which are the main entrance exams for MBA admission in Indore?
Ans. CMAT and MP Counselling are the main entrance routes for MBA colleges in Indore, each accepted by 39 colleges, followed by CAT at 20 colleges and MAT at 11 colleges.
| Entrance Exam | Number of Colleges |
|---|---|
| CMAT | 39 |
| MP Counselling | 39 |
| CAT | 20 |
| MAT | 11 |
| XAT | 8 |
| ATMA | 7 |
| GMAT | 5 |
| CUET PG | 3 |
| NMAT | 2 |
| SNAP | 1 |
Ques. Which are the Executive MBA options in Indore?
Ans. IIM Indore, Devi Ahilya Vishwavidyalaya Indore, SVVV Indore, SIMS Indore and RKITM Indore offer Executive MBA programmes in Indore. The courses run for 1 to 2 years and need 2 to 5 years of work experience.
| College Name | Executive MBA Fees | Work Experience |
|---|---|---|
| IIM Indore | 22.12 Lakh | 5 years |
| Devi Ahilya Vishwavidyalaya Indore | 1.91 Lakh | 3 years |
| SVVV Indore | 1.58 Lakh | 2 years |
| SIMS Indore | - | 5 years |
| RKITM Indore | - | 2 years |
Ques. Which are the part-time MBA options in Indore?
Ans. There are 3 colleges in Indore offering part-time MBA/PGDM programmes. SRGPGPI Indore, IMI Indore and RKITM Indore offer part-time management programmes with fees from 60 K to 80 K.
| College Name | Programme | Total Course Fees |
|---|---|---|
| SRGPGPI Indore | MBA Marketing | 70.00 K |
| IMI Indore | PGDM Banking and Financial Services | 80.00 K |
| RKITM Indore | PG Diploma Business Management | 60.00 K |
Ques. Which MBA colleges in Indore offer direct admission?
Ans. There are 6 MBA colleges in Indore offering direct admission without an entrance exam. SAGE University Indore, Oriental University Indore and IIMR Indore admit students on graduation merit, usually with a minimum of 50% marks.
| College Name | Average Annual Fees | Admission Criteria |
|---|---|---|
| SAGE University Indore | 4.00 Lakh | Bachelor’s degree with a minimum of 50% marks |
| Oriental University Indore | 1.83 Lakh | Bachelor’s degree in any discipline |
| IIMR Indore | 61.00 K | Bachelor’s degree with a minimum of 50% marks |
Ques. How many MBA colleges in Indore are AICTE-approved?
Ans. Indore has 63 AICTE-approved MBA colleges. 31 MBA colleges in Indore are affiliated with Devi Ahilya Vishwavidyalaya and 17 with RGPV Bhopal.
| Approval / Affiliation | Number of MBA Colleges in Indore |
|---|---|
| AICTE Approved | 63 |
| Affiliated with Devi Ahilya Vishwavidyalaya, Indore | 31 |
| Affiliated with RGPV, Bhopal | 17 |
| Affiliated with MCNUJC, Bhopal | 2 |
| Affiliated with SHUATS, Allahabad | 1 |
2026
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2025
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