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Best Management colleges in Indore 2026

127 Management colleges in Indore charge between ₹10,170 and ₹86.75 L in the first year, and IPS Academy is the highest rated of them. Every figure below is the college's own published number.

Updated Nov 2026 5 NIRF-ranked In Madhya Pradesh →

Management colleges in Indore — at a glance

Management colleges 127
Fee range (first year) ₹10,170 – ₹86.75 L
Government / Private 12 / 115
NIRF-ranked 5 of 127
Highest package reported ₹4 Cr
Top rated IPS Academy

Which management college in Indore is best?

It depends what you are optimising for. Each pick below is the best in this list on that one measure.

Top 8 Management colleges in Indore compared

Rating, ranking, fees and placement side by side.

Management colleges in Indore compared on rating, NIRF rank, starting fees, highest package and ownership
College Rating NIRF Fees from Highest package Type
IPS Academy Indore Indore 9.9 — ₹5.07 L ₹4 Cr Government
SGSITS Indore 9.7 #201 ₹2.45 L ₹24 L Government
PIMR Indore 9.6 — ₹3.8 L ₹32 L Government
Jaipuria Institute of Management Indore Indore 9.5 — ₹16.05 L ₹22.57 L Government
SDPS Women's College Indore Indore 9.5 — ₹90,000 — Government
Aisect College of Professional Studies Indore Indore 9.5 — ₹80,000 — Government
Acropolis Faculty of Management and Research Indore Indore 9.1 — ₹1.1 L ₹10.5 L Government
Shri Vaishnav Institute of Management and Science Indore Indore 9.1 — ₹1.22 L ₹7.5 L Government

A dash means that college has not published the figure. Nothing here is estimated.

Top 25 Management colleges in Indore

  1. 1

    IPS Academy

    location_on Indore, Madhya Pradesh · Government · est. 1994

    star 9.9 Fees from ₹5.07 L Highest ₹4 Cr 44 courses
  2. 2

    Shri Govindram Seksaria Institute of Technology and Science- [SGSITS]

    location_on Indore, Madhya Pradesh · Government · est. 1952

    star 9.7 Fees from ₹2.45 L NIRF #201 Highest ₹24 L 66 courses
  3. 3

    PIMR Indore, Deemed to be University

    location_on Indore, Madhya Pradesh · Government · est. 1994

    star 9.6 Fees from ₹3.8 L Highest ₹32 L 10 courses
  4. 4

    Jaipuria Institute of Management

    location_on Indore, Madhya Pradesh · Government · est. 2010

    star 9.5 Fees from ₹16.05 L Highest ₹22.57 L 3 courses
  5. 5

    SDPS Women's College

    location_on Indore, Madhya Pradesh · Government · est. 2003

    star 9.5 Fees from ₹90,000 15 courses
  6. 6

    Aisect College of Professional Studies

    location_on Indore, Madhya Pradesh · Government · est. 2008

    star 9.5 Fees from ₹80,000 11 courses
  7. 7

    Acropolis Faculty of Management and Research - [AFMR]

    location_on Indore, Madhya Pradesh · Government · est. 2009

    star 9.1 Fees from ₹1.1 L Highest ₹10.5 L 8 courses
  8. 8

    Shri Vaishnav Institute of Management and Science - [SVIMS]

    location_on Indore, Madhya Pradesh · Government · est. 1987

    star 9.1 Fees from ₹1.22 L Highest ₹7.5 L 13 courses
  9. 9

    Govindram Seksaria Institute of Management & Research - [GSIMR]

    location_on Indore, Madhya Pradesh · Government · est. 1997

    star 9.1 Fees from ₹1.57 L Highest ₹15 L 6 courses
  10. 10

    Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV]

    location_on Indore, Madhya Pradesh · Government · est. 1969

    star 9.1 Fees from ₹1.98 L Highest ₹18.5 L 12 courses
  11. 11

    International Institute of Professional Studies - [IIPS]

    location_on Indore, Madhya Pradesh · Government · est. 1992

    star 9.1 Fees from ₹4.62 L Highest ₹20.25 L 17 courses
  12. 12

    Devi Ahilya Vishwavidyalaya

    location_on Indore, Madhya Pradesh · Government · est. 1964

    star 9.0 Fees from ₹3.58 L NIRF #49 Highest ₹1.13 Cr 233 courses
  13. 13

    LNCT Vidyapeeth University

    location_on Indore, Madhya Pradesh · Private · est. 2022

    star 8.8 Fees from ₹2.2 L 31 courses
  14. 14

    Idyllic Institute Of Management

    location_on Indore, Madhya Pradesh · Private · est. 2012

    star 8.8 Fees from ₹1.62 L 14 courses
  15. 15

    Shri Jain Diwakar College - [SJDM]

    location_on Indore, Madhya Pradesh · Private · est. 2007

    star 8.8 Fees from ₹18,500 24 courses
  16. 16

    Acropolis Institute of Technology & Research - [AITR]

    location_on Indore, Madhya Pradesh · Private · est. 2005

    star 8.6 Fees from ₹6.69 L NIRF #151 Highest ₹32 L 40 courses
  17. 17

    Lal Bahadur Shastri Institute of Technology and Management - [LBSITM]

    location_on Indore, Madhya Pradesh · Private · est. 2014

    star 8.6 Fees from ₹90,000 Highest ₹7.25 L 14 courses
  18. 18

    Indore Management Institute and Research Centre - [IMI]

    location_on Indore, Madhya Pradesh · Private · est. 2008

    star 8.5 Fees from ₹80,000 27 courses
  19. 19

    Indore Institute of Management and Research - [IIMR]

    location_on Indore, Madhya Pradesh · Private · est. 2012

    star 8.4 Fees from ₹61,000 Highest ₹10 L 8 courses
  20. 20

    BM College of Management and Research - [BMCMR]

    location_on Indore, Madhya Pradesh · Private · est. 2007

    star 8.4 Fees from ₹1.1 L 4 courses
  21. 21

    Vikrant Group of Institutions - [VGI]

    location_on Indore, Madhya Pradesh · Private · est. 2007

    star 8.3 Fees from ₹2.04 L Highest ₹10 L 36 courses
  22. 22

    Institute of Business Management & Research - [IBMR]

    location_on Indore, Madhya Pradesh · Private · est. 1994

    star 8.2 Fees from ₹2.73 L NIRF #76 Highest ₹14.1 L 12 courses
  23. 23

    Shivajirao Kadam Group of Colleges

    location_on Indore, Madhya Pradesh · Private · est. 2009

    star 8.1 Fees from ₹2 L Highest ₹10 L 22 courses
  24. 24

    Oriental University - [OU]

    location_on Indore, Madhya Pradesh · Private · est. 2011

    star 8.1 Fees from ₹4.03 L Highest ₹72 L 161 courses
  25. 25

    School of Economics, Devi Ahilya Vishwavidyalaya

    location_on Indore, Madhya Pradesh · Private · est. 1976

    star 7.8 Fees from ₹1.55 L Highest ₹7 L 7 courses

Showing 25 of 127. Ordered by student rating; colleges that publish a fee appear first.

See all 127 →

How to choose between them

Start with the fee you can commit to. Across Indore the published first-year fee runs from ₹10,170 to ₹86.75 L, so the shortlist changes completely depending on the band you pick.

Government or private. 12 of these are government-run and 115 are private. Government colleges are usually cheaper and admit on entrance rank; private colleges are more likely to have their own admission route.

Check the ranking applies to your course. 5 of these hold an NIRF rank, but NIRF is scored per category — a rank in one category says nothing about another.

Then read the placement tab, not the headline package. The highest package is one student; the percentage placed and the recruiters listed tell you far more.

Frequently asked questions

How many Management colleges are there in Indore?

There are 127 Management colleges listed in Indore on this page, of which 12 are government and 115 are private.

What is the fee for Management colleges in Indore?

Published first-year fees range from ₹10,170 to ₹86.75 L. Each college's own figure is in the table above.

Which is the best college in Indore for Management?

IPS Academy has the highest student rating among the Management colleges listed here, in Indore.

What is the highest package from Management colleges in Indore?

The highest package reported by a college on this page is ₹4 Cr. Packages vary by course and year.

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