81 MBA colleges in Indore 2026
There are 81 MBA colleges in Indore, Madhya Pradesh.
8 are government institutions and 73 are private.
Annual fees run from ₹30,500 to ₹9.5 L (median ₹61,125), based on published figures from 26 of the 81 colleges.
4 appear in the NIRF national rankings.
Compiled from listing data on . Fee figures cover 26 of 81 colleges.
MBA in Indore at a glance
- Colleges listed
- 81
- Government / private
- 8 / 73
- Annual fees
- ₹30,500 – ₹9.5 L
- Median annual fee
- ₹61,125
- Course fees based on
- 26 of 81 colleges
- NIRF-ranked
- 4 of 81
- Average student rating
- 3.8 / 5 from 73 rated colleges
- Highest package reported
- ₹4 Cr
- Total seats (where published)
- 900 across 9 colleges
Narrow by type
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 14 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 |
| Acropolis Institute of Technology & Research - [AITR] Master of Business Administration [MBA] | ₹69,500 | ₹1.39 L | 60 |
| Indore Management Institute and Research Centre - [IMI] Master of Business Administration [MBA] | ₹40,000 | ₹80,000 | — |
| Indore Institute of Management and Research - [IIMR] Master of Business Administration [MBA] | ₹30,500 | ₹61,000 | — |
| BM College of Management and Research - [BMCMR] Master of Business Administration [MBA] | ₹55,000 | ₹1.1 L | — |
| School of Economics, Devi Ahilya Vishwavidyalaya Master of Business Administration [MBA] | ₹75,000 | ₹1.5 L | 60 |
| SAGE University Master of Business Administration [MBA] | ₹95,300 | ₹1.91 L | 60 |
| Arihant College Master of Business Administration [MBA] | ₹49,000 | ₹98,000 | — |
All 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
-
9
-
10
-
11
Acropolis Institute of Technology & Research - [AITR]
Indore Private NIRF #151 Est. 2005- Student rating
- 3.8/5
- Fees from
- ₹69,500/yr
- Highest package
- ₹32 L
-
12
Lal Bahadur Shastri Institute of Technology and Management - [LBSITM]
Indore Private Est. 2014- Student rating
- 3.9/5
- Highest package
- ₹7.25 L
-
13
Indore Management Institute and Research Centre - [IMI]
Indore Private Est. 2008- Student rating
- 3.6/5
- Fees from
- ₹40,000/yr
-
14
Indore Institute of Management and Research - [IIMR]
Indore Private Est. 2012- Student rating
- 4.3/5
- Fees from
- ₹30,500/yr
- Highest package
- ₹10 L
-
15
BM College of Management and Research - [BMCMR]
Indore Private Est. 2007- Student rating
- 4.3/5
- Fees from
- ₹55,000/yr
-
16
Vikrant Group of Institutions - [VGI]
Indore Private Est. 2007- Student rating
- 4.5/5
- Highest package
- ₹10 L
-
17
Institute of Business Management & Research - [IBMR]
Indore Private NIRF #76 Est. 1994- Student rating
- 4.2/5
- Highest package
- ₹14.1 L
-
18
Shivajirao Kadam Group of Colleges
Indore Private Est. 2009- Student rating
- 3.9/5
- Highest package
- ₹10 L
-
19
-
20
School of Economics, Devi Ahilya Vishwavidyalaya
Indore Private Est. 1976- Student rating
- 4.1/5
- Fees from
- ₹75,000/yr
- Highest package
- ₹7 L
-
21
Sanghvi Institute of Management and Science - [SIMS]
Indore Private Est. 2006- Student rating
- 3.1/5
- Highest package
- ₹10 L
-
22
Chameli Devi Group of Institution
Indore Private Est. 2006- Student rating
- 4.1/5
- Highest package
- ₹12.76 L
-
23
Maharaja Ranjit Singh College of Professional Sciences - [MRSC]
Indore Private Est. 1994- Student rating
- 4.0/5
-
24
Astral Institute of Technology and Research
Indore Private Est. 2006- Student rating
- 2.7/5
- Highest package
- ₹6 L
-
25
-
26
Malwa Institute of Technology - [MIT]
Indore Private Est. 2004- Student rating
- 3.6/5
- Highest package
- ₹12.4 L
-
27
Lakshmi Narain College of Technology & Science - [LNCTS]
Indore Private Est. 2002- Student rating
- 3.3/5
-
28
Swami Vivekanand College of Engineering - [SVCE]
Indore Private Est. 2004- Student rating
- 3.3/5
- Highest package
- ₹10 L
-
29
SAGE University
Indore Private Est. 2017- Student rating
- 3.9/5
- Fees from
- ₹95,300/yr
- Highest package
- ₹30 L
-
30
Arihant College
Indore Private Est. 2006- Student rating
- 3.9/5
- Fees from
- ₹49,000/yr
- Highest package
- ₹8.5 L
Showing the top 30 of 81. See all colleges in Indore
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 81 MBA colleges listed in Indore, of which 8 are government and 73 are private.
Published annual fees range from ₹30,500 to ₹9.5 L, with a median of ₹61,125. That is based on the 26 colleges out of 81 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.
Yes — 8 of the 81 MBA colleges listed here are government institutions.
Colleges on this page most commonly accept Madhya Pradesh Counselling, Common Management Admission Test, Joint Entrance Exam Main, Common Admission Test.
The highest package reported by a college on this page is ₹4 Cr, from 42 colleges that publish placement figures.