IIM Indore, ABV-IIITM Gwalior, IIFM Bhopal, Jaipuria Indore, and PIMR Indore are among the top MBA colleges in Madhya Pradesh. IIM Indore leads with a CD Score of 859 out of 1000, followed by ABV-IIITM Gwalior at 527 and IIFM Bhopal at 496.
Key Summary
Fees
Government71.48 K (Jiwaji University Gwalior) to 21.86 Lakh (IIM Indore)
Private1.38 Lakh (Acropolis Indore) to 13.65 Lakh (Jaipuria Indore)
Top by CD ScoreIIM Indore (859), ABV-IIITM Gwalior (527), IIFM Bhopal (496)
Placements
Average/Median Package3.00 LPA (Barkatullah University Bhopal) to 27.30 LPA (IIM Indore)
Highest PackageIIM Indore (82.50 LPA), Jaipuria Indore (24.11 LPA), MITS Gwalior (10.70 LPA)
Best ROIBarkatullah University Bhopal (392.41%), Acropolis Indore (326.09%), PIMR Bhopal (296.25%)
Admission
ExamsCMAT (103), MP Counselling (99), CAT (51), MAT (33)
State CounsellingMP Counselling runs admission at 99 colleges
CAT Cutoff50 %ile (ABV-IIITM Gwalior, Jaipuria Indore) to 90 %ile (IIM Indore)
Options
Top SpecialisationsMarketing (149), Finance (147), HR (131)
Government / Private36 colleges / 272 colleges
Part-time / Women only9 colleges / 1 college
MBA Colleges in Madhya Pradesh 2026
| College Name | CD Score | Total Course Fees | Average/Median Package | MBA Cutoff (General) |
|---|---|---|---|---|
| IIM Indore | 859 | 21.86 Lakh | 27.30 LPA | 90 CAT %ile |
| ABV-IIITM Gwalior | 527 | 5.29 Lakh | 8.00 LPA | 50 CAT %ile |
| IIFM Bhopal | 496 | 12.98 Lakh | - | 80 CAT %ile |
| Jaipuria Indore | 483 | 13.65 Lakh | 9.00 LPA | 50 CAT %ile |
| PIMR Indore | 442 | 7.43 Lakh | 4.74 LPA | 366-584 MP Counselling Rank |
| IPS Academy Indore | 378 | 2.90 Lakh | 4.05 LPA | - |
| Amity University Gwalior | 375 | 7.60 Lakh | 6.00 LPA | 70 CAT %ile |
| PIMR Bhopal | 368 | 1.60 Lakh | 4.74 LPA | - |
| GSIMR Indore | 368 | 1.57 Lakh | - | 409 MP Counselling Rank |
| Jagran Lakecity University Bhopal | 367 | 5.20 Lakh | - | - |
| Acropolis Indore | 359 | 1.38 Lakh | 4.50 LPA | - |
| SVIMS Indore | 359 | 1.74 Lakh | 4.50 LPA | 555 MP Counselling Rank |
| ITM University Gwalior | 356 | 2.45 Lakh | 6.15 LPA | - |
| PIMR Gwalior | 262 | 2.99 Lakh | - | 589 MP Counselling Rank |
| MITS Gwalior | - | 6.19 Lakh | 5.95 LPA | - |
Ques. What is the admission procedure of MBA colleges in Madhya Pradesh?
Ans. There are two main routes to take admission into an MBA college in Madhya Pradesh: one is through an entrance exam, and the other is through MP Counselling, the state admission process. Both require a bachelor’s degree in any stream, usually with around 50% marks and a relaxation for reserved categories.
- Admission is based on entrance exams such as CMAT, CAT, MAT, XAT and ATMA, followed by a group discussion and personal interview. CMAT is the most widely accepted at 103 colleges, while CAT is taken at 51 and is the only way into IIM Indore.
- MP Counselling fills state quota seats at 99 colleges, and ranks candidates on a counselling rank rather than a percentile. GSIMR Indore closes at 409, SVIMS Indore at 555, PIMR Gwalior at 589 and Barkatullah University Bhopal at 672. Private universities such as Amity University Gwalior and Jagran Lakecity University Bhopal also admit on graduation merit through their own process.
Here are the steps to follow for the entrance-exam route.
| Step | What to Do |
|---|---|
| Eligibility | Bachelor’s degree in any stream with around 50% aggregate, relaxed for reserved categories |
| Entrance Exam | Take CMAT, CAT, MAT, XAT or ATMA as per your target colleges |
| Application | Apply to each institute separately before its deadline |
| Selection Rounds | Clear the group discussion and personal interview |
| Counselling | For state quota seats, register for MP Counselling and complete choice filling and seat allotment |
| Document Verification | Submit marksheets, scorecard, ID proof and category certificate, if applicable |
| Seat Confirmation | Accept the allotted seat and pay the acceptance fee before the deadline |
Ques. What is the placement scenario at the top MBA colleges in Madhya Pradesh?
Ans. The average packages at the best 10 MBA colleges in Madhya Pradesh range from 4.05 LPA at IPS Academy Indore to 27.30 LPA at IIM Indore. The average packages at the other MBA colleges in Madhya Pradesh range from 3.00 LPA at Barkatullah University Bhopal to 6.15 LPA at ITM University Gwalior. The highest package goes up to 82.50 LPA at IIM Indore and 24.11 LPA at Jaipuria Indore.
Ques. Which college is a better choice: IIM Indore or ABV-IIITM Gwalior?
Ans. IIM Indore offers a far stronger placement record, with an average/median package of 27.30 LPA against 8.00 LPA, and an 82.50 LPA ceiling that no other college in the state comes near. It is also the only Madhya Pradesh college inside the NIRF top ten, at 8. ABV-IIITM Gwalior costs a quarter as much at 5.29 Lakh, admits at 50 CAT percentile against 90, and returns 151.23% against 124.89%.
| Criteria | IIM Indore | ABV-IIITM Gwalior |
|---|---|---|
| Total Course Fees | 21.86 Lakh | 5.29 Lakh |
| Average/Median Package | 27.30 LPA | 8.00 LPA |
| Highest Package | 82.50 LPA | - |
| ROI | 124.89% | 151.23% |
| MBA Cutoff (General) | 90 CAT %ile | 50 CAT %ile |
| CD Score | 859 | 527 |
| NIRF 2025 | 8 | 93 |
Verdict: IIM Indore is the better choice for most candidates. It costs four times as much, but it pays more than three times as much and is the only college in the state inside the NIRF top ten. ABV-IIITM Gwalior wins on cost and on entry bar, which makes it the sensible fallback rather than the better option.
Ques. Which college is a better choice: Jaipuria Indore or PIMR Indore?
Ans. PIMR Indore costs nearly half as much, at 7.43 Lakh against 13.65 Lakh. Jaipuria Indore pays more, at 9.00 LPA against 4.74 LPA, with a 24.11 LPA ceiling that PIMR Indore does not publish, and it holds the higher CD Score at 483 against 442. On return the two are close, at 65.93% and 63.80%.
| Criteria | Jaipuria Indore | PIMR Indore |
|---|---|---|
| Total Course Fees | 13.65 Lakh | 7.43 Lakh |
| Average/Median Package | 9.00 LPA | 4.74 LPA |
| Highest Package | 24.11 LPA | - |
| ROI | 65.93% | 63.80% |
| CD Score | 483 | 442 |
Verdict: Jaipuria Indore is the better choice if placements decide it, since it pays almost twice as much and carries the higher CD Score. PIMR Indore is the better choice on cost, at nearly half the fee, and the gap in return between the two is under three points.
Ques. Which MBA colleges in Madhya Pradesh accept a CAT score of 50-70 percentile?
Ans. ABV-IIITM Gwalior and Jaipuria Indore both open at 50 percentile, and Amity University Gwalior at 70. Jaipuria Indore pays the most of the three at 9.00 LPA, but charges 13.65 Lakh for it, while ABV-IIITM Gwalior pays 8.00 LPA on a fee of 5.29 Lakh. This is the widest of the two CAT bands on this page, because most Madhya Pradesh colleges admit below 70 percentile or outside CAT altogether.
| College Name | CAT Cutoff (General) | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| ABV-IIITM Gwalior | 50 CAT %ile | 8.00 LPA | 5.29 Lakh |
| Jaipuria Indore | 50 CAT %ile | 9.00 LPA | 13.65 Lakh |
| Amity University Gwalior | 70 CAT %ile | 6.00 LPA | 7.60 Lakh |
Ques. Which MBA colleges in Madhya Pradesh accept a CAT score of 80 percentile and above?
Ans. IIM Indore sets the highest bar in the state at 90 percentile, and is the only college here that reports a package above 10 LPA, at 27.30 LPA. IIFM Bhopal opens the band at 80 percentile for 12.98 Lakh, and publishes no placement figure.
| College Name | CAT Cutoff (General) | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| IIFM Bhopal | 80 CAT %ile | - | 12.98 Lakh |
| IIM Indore | 90 CAT %ile | 27.30 LPA | 21.86 Lakh |
Ques. Which MBA colleges in Madhya Pradesh admit at an MP Counselling rank under 600?
Ans. PIMR Indore opens the band at 366 and runs to 584, and GSIMR Indore closes at 409, the sharpest single rank of the group. SVIMS Indore follows at 555 and PIMR Gwalior at 589. Of the four, PIMR Indore pays the most at 4.74 LPA, but charges 7.43 Lakh against 1.57 Lakh at GSIMR Indore.
| College Name | MP Counselling Rank | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| PIMR Indore | 366-584 | 4.74 LPA | 7.43 Lakh |
| GSIMR Indore | 409 | - | 1.57 Lakh |
| SVIMS Indore | 555 | 4.50 LPA | 1.74 Lakh |
| PIMR Gwalior | 589 | - | 2.99 Lakh |
Ques. Which MBA colleges in Madhya Pradesh admit at an MP Counselling rank of 600 and above?
Ans. Barkatullah University Bhopal is the widest entry in the state at 672, and it is also the cheapest of the counselling colleges at 76.45 K. It reports a 3.00 LPA package, which gives it the best return on this page at 392.41%.
| College Name | MP Counselling Rank | Average/Median Package | Total Fees (INR) |
|---|---|---|---|
| Barkatullah University Bhopal | 672 | 3.00 LPA | 76.45 K |
Ques. Which MBA colleges in Madhya Pradesh admit without a national entrance exam?
Ans. State and university-level routes cover most of these seats. MP Counselling admits at 99 colleges without any national test, and the open universities take graduation merit. The colleges below admit through a state or university process rather than CAT, XAT or CMAT.
| College Name | Programme | Total Course Fees | Admission Route |
|---|---|---|---|
| Jiwaji University Gwalior | MBA | 71.48 K | MP Counselling and university admission process |
| Barkatullah University Bhopal | MBA Human Resource Management | 76.45 K | MP Counselling and university admission process |
| RDV Jabalpur | MBA | 80 K | MP Counselling and university admission process |
| MGCGV Satna | MBA Small Business Management | 1.24 Lakh | University admission process on graduation merit |
| MP Bhoj Open University Bhopal | MBA Material Management | 18 K | Open university admission on graduation merit |
| Barkatullah Vishwavidyalaya Bhopal (IODE) | PG Diploma Personnel Management | 7.8 K | Open and distance education admission on graduation merit |
Table of Contents
MBA Colleges in Madhya Pradesh with Best ROI and Placements 2026
Fee and salary pull in opposite directions in Madhya Pradesh. The cheapest colleges return the most: Barkatullah University Bhopal leads at 392.41% on a fee of 76.45 K, then Acropolis Indore at 326.09% and PIMR Bhopal at 296.25%. ITM University Gwalior is the best of the mid-fee options at 251.02%. IIM Indore pays far more than anyone else, at a 27.30 LPA average against an 82.50 LPA ceiling, but its 21.86 Lakh fee holds the return to 124.89%. Amity University Gwalior closes the table at 78.95%, where a 7.60 Lakh fee buys a 6.00 LPA package. Colleges left out of the table below publish no package at all.
| College Name | Total Fees (INR) | Average/Median Package | Highest Package | ROI (%) |
|---|---|---|---|---|
| Barkatullah University Bhopal | 76.45 K | 3.00 LPA | - | 392.41% |
| Acropolis Indore | 1.38 Lakh | 4.50 LPA | - | 326.09% |
| PIMR Bhopal | 1.60 Lakh | 4.74 LPA | - | 296.25% |
| SVIMS Indore | 1.74 Lakh | 4.50 LPA | - | 258.62% |
| ITM University Gwalior | 2.45 Lakh | 6.15 LPA | - | 251.02% |
| ABV-IIITM Gwalior | 5.29 Lakh | 8.00 LPA | - | 151.23% |
| IPS Academy Indore | 2.90 Lakh | 4.05 LPA | - | 139.66% |
| IIM Indore | 21.86 Lakh | 27.30 LPA | 82.50 LPA | 124.89% |
| MITS Gwalior | 6.19 Lakh | 5.95 LPA | 10.70 LPA | 96.12% |
| Amity University Gwalior | 7.60 Lakh | 6.00 LPA | - | 78.95% |
Government MBA Colleges in Madhya Pradesh 2026
IIM Indore, ABV-IIITM Gwalior and IIFM Bhopal are the top government MBA colleges in Madhya Pradesh, and the average course fees range from 21.86 Lakh to 12.98 Lakh. Below that the state universities charge far less: Jiwaji University Gwalior asks 71.48 K and Barkatullah University Bhopal 76.45 K for a full two year MBA. Only two of the 36 are carried by NIRF, IIM Indore at 8 and ABV-IIITM Gwalior at 93, and IIM Indore is the only one charging above 13 Lakh. Seven of the ten below stay under 2.50 Lakh, which is where the state universities and the technical institutes sit, and admission to those runs through MP Counselling rather than a national entrance test.
| College Name | Programme | Total Course Fees |
|---|---|---|
| IIM Indore | PGPM Human Resources | 21.86 Lakh |
| ABV-IIITM Gwalior | MBA Finance | 5.29 Lakh |
| IIFM Bhopal | MBA Sustainability Management | 12.98 Lakh |
| MITS Gwalior | MBA | 6.19 Lakh |
| Jiwaji University Gwalior | MBA | 71.48 K |
| Dr Hari Singh Gour University Sagar | MBA | 1.31 Lakh |
| MGCGV Satna | MBA Small Business Management | 1.24 Lakh |
| Barkatullah University Bhopal | MBA Human Resource Management | 76.45 K |
| SGSITS Indore | MBA Hospital Administration | 2.43 Lakh |
| RDV Jabalpur | MBA | 80 K |
Private MBA Colleges in Madhya Pradesh 2026
Jaipuria Indore, PIMR Indore and IPS Academy Indore are the top private MBA colleges in Madhya Pradesh, and the average course fees range from 13.65 Lakh to 2.90 Lakh. Indore holds six of the ten, Gwalior three and Bhopal two. CD Scores run from 483 at Jaipuria Indore down to 356 at ITM University Gwalior, a narrower spread than the government list. Seven of the ten publish a package, led by Jaipuria Indore at 9.00 LPA, and four of them charge under 2 Lakh, which is why the private list carries most of the better return figures on this page.
| College Name | Programme | Total Course Fees |
|---|---|---|
| Jaipuria Indore | PGDM | 13.65 Lakh |
| PIMR Indore | MBA Financial Administration | 7.43 Lakh |
| IPS Academy Indore | MBA | 2.90 Lakh |
| Amity University Gwalior | MBA | 7.60 Lakh |
| PIMR Bhopal | MBA | 1.60 Lakh |
| GSIMR Indore | MBA Marketing | 1.57 Lakh |
| Jagran Lakecity University Bhopal | MBA Business Analytics | 5.20 Lakh |
| Acropolis Indore | MBA Human Resource Management | 1.38 Lakh |
| SVIMS Indore | MBA Dual Specialization | 1.74 Lakh |
| ITM University Gwalior | MBA Agribusiness | 2.45 Lakh |
Top-Ranked MBA Colleges in Madhya Pradesh by Various Agencies
IIM Indore is the only college in the state that every agency ranks, and it sits inside the top ten with all five at once. Below it the picture thins quickly. ABV-IIITM Gwalior is the only other college carried by NIRF, at 93. PIMR Indore is the best placed of the private colleges, at 26 with India Today and 32 with Outlook, while PIMR Bhopal and GSIMR Indore are ranked only by Collegedunia, at 311 and 312. Each column carries that agency’s latest published edition, and a dash means the college is not in it.
| College Name | Collegedunia MBA Ranking | NIRF Ranking | India Today Ranking | IIRF Ranking | Outlook Ranking |
|---|---|---|---|---|---|
| IIM Indore | 9 | 8 | 5 | 6 | 5 |
| ABV-IIITM Gwalior | 107 | 93 | - | 17 | 22 |
| IIFM Bhopal | 143 | - | - | 47 | - |
| Jaipuria Indore | 159 | 101 | - | - | - |
| PIMR Indore | 191 | - | 26 | 45 | 32 |
| IPS Academy Indore | 282 | - | 57 | 90 | 56 |
| Amity University Gwalior | 293 | - | 60 | - | 47 |
| PIMR Bhopal | 311 | - | - | - | - |
| GSIMR Indore | 312 | - | - | - | - |
| Jagran Lakecity University Bhopal | 314 | - | 113 | - | 115 |
MBA Colleges in Madhya Pradesh: Eligibility Criteria and Admission 2026
A bachelor degree in any discipline is the common requirement, usually with 50% marks and a relaxation for reserved categories. What separates the colleges is the test they accept. IIM Indore takes CAT alone, the state universities fill seats through MP Counselling, and the private institutes accept a spread of CMAT, MAT, XAT and ATMA scores. The entry bar moves a long way across that spread. IIM Indore needs 90 CAT percentile and IIFM Bhopal 80, while ABV-IIITM Gwalior and Jaipuria Indore both open at 50 and Amity University Gwalior at 70. On the counselling side the ranks run from 366 at PIMR Indore to 672 at Barkatullah University Bhopal. A candidate without a CAT score still has 99 colleges open through the state process alone.
| College Name | Eligibility | Accepted Exams | Selection Basis |
|---|---|---|---|
| IIM Indore | Bachelor’s degree with 50% marks | CAT | CAT score, then WAT and PI |
| ABV-IIITM Gwalior | Bachelor’s degree with 50% marks | CAT, state counselling | CAT score, then GD and PI |
| IIFM Bhopal | Bachelor’s degree with 50% marks | CAT | CAT score, then GD and PI |
| Jaipuria Indore | Bachelor’s degree with 50% marks | CAT, XAT, CMAT, MAT | Test score, then GD and PI |
| PIMR Indore | Bachelor’s degree with 50% marks | CMAT, MAT, CAT | Test score, then GD and PI |
| IPS Academy Indore | Bachelor’s degree with 50% marks | CMAT, MAT, MP Counselling | Test score and counselling rank |
| Jiwaji University Gwalior | Bachelor’s degree with 50% marks | MP Counselling | Counselling rank |
| Barkatullah University Bhopal | Bachelor’s degree with 50% marks | MP Counselling | Counselling rank |
Cheapest MBA Colleges in Madhya Pradesh 2026
Maharaja Chhatrasal Bundelkhand Vishwavidyalaya Chhatarpur, MMYVV Katni and Techno Global University Vidisha are the cheapest full-time management colleges in Madhya Pradesh. Maharaja Chhatrasal Bundelkhand Vishwavidyalaya Chhatarpur charges 3.8 K for its M.C.M, followed by MMYVV Katni at 6.5 K for a PG Diploma in Media Management. Nothing in the table below crosses 39 K, and the first MBA proper on the list is at IGNTU Anuppur, which charges 10.5 K for an MBA in Business Management.
| College Name | Programme | Total Fees (INR) |
|---|---|---|
| Maharaja Chhatrasal Bundelkhand Vishwavidyalaya Chhatarpur | M.C.M | 3.8 K |
| MMYVV Katni | PG Diploma Media Management | 6.5 K |
| Techno Global University Vidisha | PG Diploma Export Management | 9 K |
| IGNTU Anuppur | MBA Business Management | 10.5 K |
| Shri Krishna University Chhatarpur | PGDM General Management | 20 K |
| Sha-Shib College Bhopal | M.C.M | 30 K |
| Mansarovar Group of Institutions Bhopal | M.B.M Agriculture Business Management | 30 K |
| SRK University Bhopal | PGDM Business Management | 32 K |
| Raja Shankar Shah University Chhindwara | MBA Financial Analysis | 33.6 K |
| Mittal Institute of Technology Bhopal | MBA | 39 K |
MBA Colleges in Madhya Pradesh FAQs
Ques. Why is Madhya Pradesh good for an MBA, and how does it compare with other states?
Ans. Madhya Pradesh is the state where one nationally ranked institute carries the whole market. IIM Indore sits 8th in NIRF 2025 and reports a 27.30 LPA average against a 21.86 Lakh fee, which holds its own outside the top metros. Madhya Pradesh ranks third of the three markets below on the best package inside its top three, behind Telangana at 37.29 LPA and Delhi NCR at 32.27 LPA. What it wins on is cost at the bottom of the range, where a full MBA at Jiwaji University Gwalior runs to 71.48 K. The comparison below takes the top three colleges by CD Score in each.
| Rank | State | Top 3 Colleges | Best Average/Median Package in Top 3 | Why This State Works |
|---|---|---|---|---|
| 1 | Telangana | ISB Hyderabad, IBS Hyderabad, IMT Hyderabad | 37.29 LPA | The deepest consulting and analytics base in south India after Bangalore, and the highest ceiling of the three. |
| 2 | Delhi NCR | FMS Delhi, MDI Gurgaon, DMS Delhi | 32.27 LPA | The deepest consulting and FMCG recruiter base in the north, with FMS Delhi returning 32.27 LPA on a 2.61 Lakh fee. |
| 3 | Madhya Pradesh | IIM Indore, ABV-IIITM Gwalior, IIFM Bhopal | 27.30 LPA | One nationally ranked institute in IIM Indore, and the cheapest serious government seats of the three, with Jiwaji University Gwalior at 71.48 K. |
Telangana and Delhi NCR both post a higher top package, and both carry several colleges that publish a placement record. Madhya Pradesh has twelve, and only IIM Indore clears 10 LPA. The case for the state is IIM Indore at the top, or a state university seat under 1 Lakh at the bottom, and not the private colleges in between, where 5 Lakh to 14 Lakh buys a package that tops out at 9.00 LPA.
Ques. What are the cheapest government and private MBA colleges in Madhya Pradesh?
Ans. IGNTU Anuppur is the cheapest government MBA college in Madhya Pradesh at 10.5 K for an MBA in Business Management, and Mittal Institute of Technology Bhopal the cheapest private one at 39 K. Both sit well below the next cheapest MBA on the state list, and both are full-time two year programmes. The colleges charging less than these two all offer a PGDM, an M.C.M or a PG Diploma rather than an MBA.
| Type | College Name | Programme | Total Fees (INR) |
|---|---|---|---|
| Government | IGNTU Anuppur | MBA Business Management | 10.5 K |
| Private | Mittal Institute of Technology Bhopal | MBA | 39 K |
Ques. Which cities in Madhya Pradesh have the most MBA colleges?
Ans. Bhopal has the most at 108, then Indore at 99 and Gwalior at 32. Indore holds the strongest list despite being second on count, because IIM Indore, Jaipuria Indore and PIMR Indore all sit there. Jabalpur, Sagar and Ujjain together add another 34 colleges, mostly state university departments.
| City | MBA Colleges Listed | Top College by CD Score | Fee Range on This Page |
|---|---|---|---|
| Bhopal | 108 | IIFM Bhopal (496) | 76.45 K to 12.98 Lakh |
| Indore | 99 | IIM Indore (859) | 1.38 Lakh to 21.86 Lakh |
| Gwalior | 32 | ABV-IIITM Gwalior (527) | 71.48 K to 7.60 Lakh |
| Jabalpur | 19 | RDV Jabalpur | 80 K |
| Sagar | 8 | Dr Hari Singh Gour University Sagar (443) | 1.31 Lakh |
| Ujjain | 7 | - | - |
Ques. Which specialisations are offered by MBA colleges in Madhya Pradesh?
Ans. Marketing is offered at 149 colleges, Finance at 147 and Human Resources Management at 131. Specialised streams such as Business Analytics and Health Care Management are available but narrow.
| Specialisation | Colleges Offering | Example Colleges |
|---|---|---|
| Marketing | 149 | GSIMR Indore, SRGPGPI Indore |
| Finance | 147 | ABV-IIITM Gwalior, PIMR Indore |
| Human Resources Management | 131 | Acropolis Indore, Barkatullah University Bhopal |
| Business Analytics | 33 | Jagran Lakecity University Bhopal |
| Health Care Management | 20 | SGSITS Indore |
Ques. Which entrance exams are accepted by MBA colleges in Madhya Pradesh?
Ans. CMAT and MP Counselling carry most of the state intake, at 103 and 99 colleges. CAT is accepted at 51 colleges and is the only route into IIM Indore.
| Entrance Exam | Colleges Accepting | Who It Suits |
|---|---|---|
| CMAT | 103 | The widest choice across private colleges |
| MP Counselling | 99 | State quota seats at government and aided colleges |
| CAT | 51 | The nationally ranked institutes |
| MAT | 33 | Private colleges with rolling intakes |
| XAT | 21 | Private institutes including Jaipuria Indore |
| ATMA | 17 | Smaller private institutes |
Ques. Which are the part-time MBA options in Madhya Pradesh?
Ans. There are 9 colleges in Madhya Pradesh offering part-time MBA or PG management courses. The open universities carry most of them, and none of the five below charges more than 1.20 Lakh.
| College Name | Programme | Total Course Fees |
|---|---|---|
| MP Bhoj Open University Bhopal | MBA Material Management | 18 K |
| Jiwaji University Gwalior (SSDE) | MBA | 30 K |
| Bhabha University Bhopal | MBA Production Management | 1.20 Lakh |
| Barkatullah Vishwavidyalaya Bhopal (IODE) | PG Diploma Personnel Management | 7.8 K |
| SRGPGPI Indore | MBA Marketing | 70 K |
Ques. Which are the women only MBA colleges in Madhya Pradesh?
Ans. There is 1 women only MBA college in Madhya Pradesh. SHIM Bhopal offers an MBA in Banking and Finance for 1.15 Lakh, and is the only college in the state listed under that filter.
| College Name | Programme | Total Course Fees |
|---|---|---|
| SHIM Bhopal | MBA Banking and Finance | 1.15 Lakh |
Ques. Which MBA colleges in Madhya Pradesh are approved by AICTE and UGC?
Ans. Of the colleges listed for Madhya Pradesh, 225 are approved by AICTE and 79 by UGC. AICTE approval covers the technical and management institutes, while UGC approval applies to the universities that award the degree themselves.
| Approval | Colleges | Example Colleges |
|---|---|---|
| AICTE | 225 | IIFM Bhopal, Jaipuria Indore, Acropolis Indore |
| UGC | 79 | ABV-IIITM Gwalior, Jiwaji University Gwalior, Barkatullah University Bhopal |
Ques. Which are the top MBA colleges in Madhya Pradesh for Finance, Marketing and HR?
Ans. SRGPGPI Indore is the cheapest route into any of the three, at 70 K for an MBA in Marketing, and Barkatullah University Bhopal at 76.45 K for Human Resources. ABV-IIITM Gwalior is the best ranked of the three streams, and IIM Indore the only one that reports a package.
| Specialisation | College Name | Programme | Total Course Fees |
|---|---|---|---|
| Finance | ABV-IIITM Gwalior | MBA Finance | 5.29 Lakh |
| Finance | PIMR Indore | MBA Financial Administration | 7.43 Lakh |
| Marketing | GSIMR Indore | MBA Marketing | 1.57 Lakh |
| Marketing | SRGPGPI Indore | MBA Marketing | 70 K |
| Human Resources | IIM Indore | PGPM Human Resources | 21.86 Lakh |
| Human Resources | Acropolis Indore | MBA Human Resource Management | 1.38 Lakh |
| Human Resources | Barkatullah University Bhopal | MBA Human Resource Management | 76.45 K |
2026
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