8 Government MBA colleges in Indore 2026
There are 8 government MBA colleges in Indore, Madhya Pradesh.
Annual fees run from ₹55,000 to ₹1.45 L (median ₹78,500), based on published figures from 7 of the 8 colleges.
1 appear in the NIRF national rankings.
Compiled from listing data on . Fee figures cover 7 of 8 colleges.
MBA in Indore at a glance
- Colleges listed
- 8
- Annual fees
- ₹55,000 – ₹1.45 L
- Median annual fee
- ₹78,500
- Course fees based on
- 7 of 8 colleges
- NIRF-ranked
- 1 of 8
- Average student rating
- 3.9 / 5 from 8 rated colleges
- Highest package reported
- ₹4 Cr
- Total seats (where published)
- 180 across 2 colleges
Which MBA college in Indore is best?
Each pick names the figure it was chosen on. Categories with no published data are left out.
MBA fees in Indore
The 7 colleges here that publish a fee for this course. An empty cell means the college has not published that figure.
| College | Annual fee | Total fee | Seats |
|---|---|---|---|
| IPS Academy Master of Business Administration [MBA] | ₹1.45 L | ₹2.9 L | 120 |
| PIMR Indore, Deemed to be University Master of Business Administration [MBA] | ₹1.4 L | ₹2.81 L | — |
| Acropolis Faculty of Management and Research - [AFMR] Master of Business Administration [MBA] | ₹55,000 | ₹1.1 L | — |
| Govindram Seksaria Institute of Management & Research - [GSIMR] Master of Business Administration [MBA] | ₹78,500 | ₹1.57 L | — |
| Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV] Master of Business Administration [MBA] | ₹99,000 | ₹1.98 L | — |
| International Institute of Professional Studies - [IIPS] Master of Business Administration [MBA] | ₹68,488 | ₹1.37 L | — |
| Devi Ahilya Vishwavidyalaya Master of Business Administration [MBA] | ₹59,250 | ₹1.19 L | 60 |
All government MBA colleges in Indore
Ordered by rating. Colleges that publish no rating appear last.
-
1
IPS Academy
Indore Government Est. 1994- Student rating
- 3.8/5
- Fees from
- ₹1.45 L/yr
- Highest package
- ₹4 Cr
-
2
PIMR Indore, Deemed to be University
Indore Government Est. 1994- Student rating
- 3.8/5
- Fees from
- ₹1.4 L/yr
- Highest package
- ₹32 L
-
3
Acropolis Faculty of Management and Research - [AFMR]
Indore Government Est. 2009- Student rating
- 3.9/5
- Fees from
- ₹55,000/yr
- Highest package
- ₹10.5 L
-
4
Govindram Seksaria Institute of Management & Research - [GSIMR]
Indore Government Est. 1997- Student rating
- 3.9/5
- Fees from
- ₹78,500/yr
- Highest package
- ₹15 L
-
5
Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV]
Indore Government Est. 1969- Student rating
- 3.9/5
- Fees from
- ₹99,000/yr
- Highest package
- ₹18.5 L
-
6
International Institute of Professional Studies - [IIPS]
Indore Government Est. 1992- Student rating
- 3.8/5
- Fees from
- ₹68,488/yr
- Highest package
- ₹20.25 L
-
7
Shri Vaishnav Institute of Management and Science - [SVIMS]
Indore Government Est. 1987- Student rating
- 4.0/5
- Highest package
- ₹7.5 L
-
8
Devi Ahilya Vishwavidyalaya
Indore Government NIRF #49 Est. 1964- Student rating
- 3.7/5
- Fees from
- ₹59,250/yr
- Highest package
- ₹1.13 Cr
Entrance exams for MBA in Indore
The exams most often accepted by colleges on this page.
How to choose between them
- Check the affiliating university and approvals before the fee. A degree's value follows the body that awards it.
- Treat a published fee as the tuition floor. Hostel, exam and one-time charges are usually quoted separately.
- Ask what the placement figure counts. A "highest package" is one student; a median is the useful number, and few colleges publish it.
- Confirm the entrance exam and its dates directly with the college — cycles shift, and a missed form is a lost year.
- Visit if you can. Labs, library and travel time decide three years of your life more than a rank does.
Frequently asked questions
About MBA colleges in Indore.
There are 8 government MBA colleges listed in Indore.
Published annual fees range from ₹55,000 to ₹1.45 L, with a median of ₹78,500. That is based on the 7 colleges out of 8 that publish a fee; each college's own figure is in the table on this page.
IPS Academy ranks first on this page, with a student rating of 3.8 out of 5. The order is by rating, and colleges without published data appear last.
Colleges on this page most commonly accept Common Management Admission Test, Madhya Pradesh Counselling, Graduate Pharmacy Aptitude Test, Joint Entrance Exam Main, CAT.
The highest package reported by a college on this page is ₹4 Cr, from 8 colleges that publish placement figures.