Top 10 MBA Colleges In Indore 2025 | Entrance, Fee & Eligibility

MBA, Master's in Business Administration, is a full-time 2-year professional postgraduate program in business and management administration. Course invites those students who have done a minimum of 3 years of a bachelor's in any discipline and have passed with no less than 50% marks from a recognised university, and have qualified for MBA entrance exams such as CAT, MAT, XAT. MBA programs' specializations include human resource management, marketing, finance, accounting, legal aspects of business, digital marketing, statistics for management, and more. MBA course introduces students to the various fundamental management and business principles that help them to pursue a career in top organizations, like a product manager, business analyst, investment banker, etc. 

MBA colleges' latest updates:

• Jaipuria Institute of Management MBA admissions for the 2025 academic year are open. Students can register themselves before the last date, of is the 30th of May 2025. For more information, visit the university's official webpage. source

Highlights of the MBA program 

List of top 10 MBA colleges in Indore 2025

1. Indian Institute of Management Indore

IIM Indore is a top public business school located in Indore, Madhya Pradesh, and was established in 1996. It has accreditation with AACSB, AMBA, and EQUIS. With the motto of The root of all achievement is management it has also received the 1st rank among the top 10 MBA colleges in Indore. The institute offers a full-time 2-year residential management program in the disciplines of marketing, human resources management, accounting, and business operations through these specializations. Students enhance their critical thinking and business skills that are required for leading management in top organizations.

IIM Indore MBA Courses. 

• Postgraduate programme in Management PGP, Postgraduate programme in Human Resources Management PGP- HRM, Postgraduate program in management for executives in Mumbai PGP- MX.

IIM Indore MBA Eligibility Criteria 

• Students who have done a minimum of 3 years of a bachelor's in any discipline and achieved at least 50 % marks can apply.

• Only those students are eligible for the MBA program at IIM Indore who have qualified for the MBA entrance test, like CAT, GMAT, or GRE.

IIM Indore MBA Fees Structure 

• The total MBA course fee for 2 years is around INR 20,00000.

IIM Indore MBA Entrance Exam

• Students who want to get enrolled for the MBA program at the Top 10 MBA colleges in Indore have to pass MBA entrance exams such as CAT, CMAT, GRE, and GMAT.

2. Jaipuria Institute of Management Indore 

JIMR is a part of the Seth Anandram Jaipur Education Society, It is a private business school located in Indore, Madhya Pradesh, India. IT is accredited by NAAC and NBA. The institute was established in 2010 and has consistently been among the top 10 MBA colleges in Indore. It is popular for offering a full-time 2-year MBA programme that specializes in marketing, finance, organization behaviour, supply chain, human resources management, and many more. 

Jaipuria Institute of Management admissions for 2025-26 are open. Studentsts who want to apply for admission to various UG and PG programs can fill out the application form uploaded on the university website. For the final confirmation, students will be required to pay an application fee of INR 1000. Submission must be done before the last date of May 30th, 2025.

JIM MBA course

• PGDM, PGDM in Retail Management, PGDM Service Management.

JIM MBA Eligibility Criteria 

• Minimum 3 years of bachelor's degree holders who have passed with a minimum of 55% marks are eligible to apply for the MBA program.

• Scores of MBA entrance exams like CMAT, GMAT, CAT, and GRI.

JIM MBA Fees Structure

• Fees for the MBA program at JIM University are approximately 15 Lakhs.

JUIM MBA Entrance Exam

• Students interested in doing an MBA from the Top 10 MBA colleges in Indore have to clear certain MBA entrance exams like CAT, MAT, XAT, and CMAT.

3. SAGE University 

SAGE University is a private university located in Indore, Madhya Pradesh, India. The university was established in 2017 and has approval from the UGC and AICTE. It is also accredited by NAAC with an A grade. SAGE University is emerging among the top 10 MBA colleges in Indore. 

The university invites students to pursue a full-time 2-year MBA master's in business administration program that introduces students to the basic principles related to marketing, finance, and the business industry.

Sage University admission for the 2025-26 academic year is open. All those applying for admission can visit the university's official website and follow the admission procedure. Students will need to pay an application fee of INR 1600 and complete the submission before the expected last date of 30th April 2025*. Students can also apply for MBA admissions in various top 10 MBA colleges in India.

SAGE University MBA Course

• MBA in Agriculture business administration, MBA in finance, marketing management, and MBA in advertising and public relations.

SAGE University MBA Eligibility Criteria

• A bachelor's degree of a minimum of 3 years in any subject from a recognised university has been passed with a minimum of 50% marks.

• Eligibility criteria also include the score of entrance exams such as MAT, XAT, and CAT.

SAGE University MBA Fees Structure 

• The course fees of the MBA at SAGE University are around INR 2 Lakhs per annum.

SAGE University MBA Entrance Exam

• As the university comes under the top 10 MBA colleges in Indore, it admits students based on the marks achieved by students in CAT, XAT, CMAT.

4. Shri Govindram Seksaria Institute of Technology and Science

SGSITS is a technical autonomous institute funded by the government of Madhya Pradesh. It is located in Indore, Madhya Pradesh, India, and was established in 195,2 and has received an A grade Accreditation by NAAC. SGSITS is added to the list of the top 10 MBA colleges in Indore. The institute offers a variety of Postgraduate programs that also include MB, a master's in Business Administration, a full-time 2-year professional postgraduate degree in management and business studies. The MBA courses are designed for those students who want to explore the global business world.

SGSITS MBA Course

• The specialization of the MBA program at SGSITS covers important topics like human resources management, accounting, marketing, and supply chain management.

SGSITS MBA Eligibility Criteria 

• MBA course is open for those students who are the holders of a bachelor's degree in any discipline passed with a minimum of 50 % marks from a recognised university.

• Only those candidates are eligible to apply for the MBA program who have qualified the MBA CAT, CMAT entrance exam.

SGSITS MBA Course Fee Structure 

The total MBA Course at SGSITS is around INR 1.5 Lakhs per annum.

SGSITS MBA Course Entrance Exam

• Students who are interested in pursuing an MBA from the desired top 10 MBA colleges in Indore are advised to qualify CAT and CMAT entrance tests.

5. Institute of Business Management and Research 

IBMR is a private school for business studies located in Indore, Madhya Pradesh, India.

It was established in 1994 and has been approved by AICTE and the Ministry of HRD, Government of India. Along with this prestigious award, it also ranks among the top 10 MBA colleges in Indore. IBMR offers a quality of higher education in the management fields, such as the Master of Business Administration MBA The curriculum of this course is divided into the duration of 2 years and 4 semesters, covering various management topics, such as marketing, accounting, finance, and more. By pursuing the MBA program, students study in-depth about the business world. 

IBMR MBA Course 

• MBA at IBMR covers several business-related topics like organizational behaviour, marketing, and accounting.

IBME MBA Eligibility Criteria

• Students who wish to apply for the MBA program must hold a bachelor's degree in any discipline with a minimum of 50% marks from a recognised institution.

• Students are eligible if they have qualified for the MBA entrance exams like CAT, MAT, and CMAT. 

IBME MBA course fee structure 

• The registration fee for the MBA program at IBME is INR 50,000

• The total MBA course fee is INR 660,000. 

IBME MBA Entrance Test 

• Students who are interested in pursuing an MBA from the Top 10 MBA colleges in Indore have to appear in the MBA entrance test, like CMAT, MAT, and CAT. 

6. Prestige Institute of Management and Research

PIMR Prestige Institute of Management and Research is a top private institute for higher management and business studies. It is located in Indore, Madhya Pradesh, India. PIMR was established in 199,4 and it has been awarded with an A++ grade by NAAC and is also ISO certified. It is a popular management institute among the top 10 MBA colleges in Indore. Master's in business administration, MBA, is a famous course of PIMR that helps students to understand the general concepts of marketing and the business world. 

Prestige Institute of Management and Research admissions for the 2025-26 academic year are open. Students can register themselves by filling up the application form for which the fee is INR 1000-2000. Applicants are required to submit the form by the expected last date of april 30th, 2025*.

PIMR MBA specialization

• MBA in Marketing management, financial administration, international business, advertising, public research, and personnel administration.

  PIMR MBA Eligibility Criteria

• Minimum 3 years of Bachelor's degree in any stream passed with a minimum of 50% for unreserved and 45% for reserved students. 

• Students must have passed the school education 10+2 from a recognized board with not less than 45% marks. 

• Scores of entrance exams like MAT, CAT are required. 

PIMR MBA fees structure

• The total course fee of the MBA ranges between INR 3 to INR 4 Lakhs, depending on the specialization of the course. 

PIMR MBA Entrance Test

• The Director of Technical Education is responsible for the MBA admission selection criteria, which is based on entrance exams like CAT, MAT, and CMAT. 

7. Narsee Monjee Institute of Management Studies 

NMIMS Narsee Monjee of Management Studies is a private deemed university located in Indore, Madhya Pradesh, India. The institute was established in 1981 and runs under the Shri Vile Parle Kalavani Mandal. NMMIMS is accredited by NAAC with an A+ grade and with a 3.5 CGPA, and is awarded the OE. The institute offers a variety of postgraduate programs, including a full-time 2-year MBA in the business field.

Narsee Monjee Institute of Management Studies is open for the session 2025-26. Students who want to apply for admission can register by filling out the application form available online on the university's official webpage. Applicants will have to pay an application fee of INR 1800 and submit the form by 30th april 2025.

NMMIMS MBA Course 

• MBA in human resource management, Pharmaceutical management, business analytics, healthcare management, and entrepreneurship. 

NMIMS MBA Eligibility Criteria 

• Bachelor's degree in any discipline passed with a minimum of 50 5 marks from a recognised university.

• Marks of entrance exams like CAT, XAT, and CMAT.

NMIMS MBA fee structure 

• The total MBA course fee at NMIMS is around 4 Lakhs. 

NMIMS MBA Course Entrance Test

The MBA course required an entrance test such as CAT, XAT, and CMAT.

8. Indore Management Institute and Research, IMI

Indore Management Institute and Research (IMI) was founded in 2008. It is based in Indore, Madhya Pradesh, India. It is a private institute that is affiliated with Devi Ahilya Viswavidyalaya and is also recognized by the AICTE. IMI was ranked 8th in the management category in the 2024 NIRF ranking. IMI offers a 2-year MBA program with 2 semesters. The total seat intake is 180.

IMI MBA admissions are likely to start from August. Students can check out IMI official website and stay updated.

IMI MBA Specializations

• Dual (marketing/HR/finance/IT & operations)

• financial administration

IMI MBA Eligibility Criteria

• Graduate from a recognized university with a minimum of 50% marks secured in the general category and 45% for ST/SC category in a relevant field.

IMI MBA fees

• IMI MBA fee is estimated to be approximately INR 40,000.

IMI MBA entrance exam

Students admitted to IMI for MBA program will have to appear for the CET/CAT/CMAT entrance examination.

9. Devi ahilya vishwavidyalaya

Devi ahilya vishwavidyalaya is a state university in India. It was started in 1964 by an act of the Madhya Pradesh legislature. DAVV is affiliated with UGC, AICTE, AIU, and is located in Indore, Madhya Pradesh, India. Ranked 50th among state universities by NORF 2024 ranking, it is also accredited with an A+ grade by NAAC.

Look up the DAVV official website to know more.

DAVV MBA specializations

• Devi Ahilya Vishwavidyalaya offers MBA specializations in financial administration, disaster management, human resource, marketing management, hospital administration, e-commerce, and public health.

DAVV MBA eligibility criteria

• Students who want to get admission for the MBA program at Devi Ahilya Vishwavidyalaya must have passed 10+2 in any stream with a minimum of 50% marks.

DAVV MBA fees

• Students who are opting for the MBA program can expect a program fee between 30,000 to 3,00,000. for 2 years.

DAVV MBA entrance exam

• Students' admission will be based onthe Common Management Admission Test (CMAT), including CUET PG, and CAT.