Top B.Com Colleges in Madhya Pradesh 2024-2025: Rank, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date May, 27, 2024

Top B.Com Colleges in Madhya Pradesh - Check the list of the best B.Com colleges in Madhya Pradesh with ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.

PIMR Indore, Amity University Gwalior, IMI Indore, RNTU Bhopal, Rajiv Gandhi College Bhopal, Islamia Karimia College Indore and Jagran Lakecity University are some of the top B.Com colleges in Madhya Pradesh. The total number of colleges in this state is 253 and the education quality of these colleges is much better than the colleges in other states. The total number of government colleges in this state is 59 and the total number of private colleges is 194. 

Some of the top B.Com colleges in Madhya Pradesh like Prestige Institute of Management and Research, Amity University, Indore Management Institute and Research, Rajiv Gandhi College, Bhopal etc. offer the highest placement packages to the students There are many branches of B.Com in which students can get specializations like Computer Application Studies, Taxation, Foreign Trade, Accounting, Economics, Banking, Office Management etc.

Top B.Com colleges in Madhya Pradesh 2024-25: Highlights

India is currently the fifth-largest economy in the world and is growing at a fast pace across the globe. Given India's rapidly growing economy, foreign companies are setting up their manufacturing sectors here. With the arrival of these companies, employment opportunities are increasing in India. These companies offer the highest packages to commerce students to manage company finances and accounts. 

The main reason why students are more inclined towards commerce degrees is that these degrees provide in-depth knowledge of the management of any business, the top B.Com colleges in Madhya Pradesh give high importance to practical learning, research and promotion of innovation. This three-year undergraduate program in commerce is being pursued by a large number of students in Madhya Pradesh and all over India. B.com colleges in Madhya Pradesh's Fee structure is also affordable as compared to the other bcom colleges in India. 

Here are some important highlights of the top B.com colleges in Madhya Pradesh:

Parameters

Particulars

No. of College

253

Government Colleges

59

Private Colleges

194

Average Annual Fees

INR 30,000 to 1.5 lakh

Top Specializations

Computer Application Studies, Taxation, Foreign Trade, Accounting, Economics, Banking, Office Management, Finance, Tourism Management, E-Commerce, Entrepreneurship, Business Management, Corporate Accounting, etc.

Course Type

Full-time, Part-time, Distance

Admission Process

Entrance exams/examdetails/Merit Based

Accepted Entrance Exams

CUET, NPAT, ITM NEST, DAVV CET, etc.

Top B.Com Colleges in Madhya Pradesh with NIRF Ranking 2023

Students who want to be admitted to top B.Com colleges of Madhya Pradesh, But are unable to decide which college they should be admitted to or which college can provide them better education, do not need to think much. To solve this problem of students, the National Institutional Rating Framework (NIRF) has been launched by the Ministry of Education. Some of the B.com top colleges in Madhya Pradesh are also ranked in the NIRF list. 

This rating framework tells which institute has the best ranking. NIRF ranking data is almost accurate as it was prepared by the Ministry of Education after several surveys. Students can easily select colleges by looking at this ranking. NIRF is a valuable resource for prospective students seeking admission to top colleges or universities.

Here are some parameters for the National Institutional Rating Framework (NIRF):

  1. Teaching, Learning, and Resources
  2. Research and Professional Practice
  3. Outreach and Inclusivity
  4. Peer Perception
  5. Graduation Outcomes

The below table shows the list of top B.Com colleges in Madhya Pradesh with NIRF rankings:

NIRF Ranking 2023

College/ University Name

NIRF score

8

Indian Institute of Management Indore

71.95

68

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

49.13

Program Types Available in Top B.Com Colleges in Madhya Pradesh

Madhya Pradesh is a developed state of India and it is the center of business, finance, and corporate sectors. Manufacturing sectors of big companies are engaged here which employ a large number of youth and students. There is a lot of demand for commerce students to run these companies smoothly because commerce students can handle the finance and management of companies well. Colleges here are known for the highest placements all over India. This is a great opportunity for students from Madhya Pradesh or any other state to get a B.Com degree from the top universities here. Many top B.Com colleges in Madhya Pradesh offer a variety of educational programs.

(1) Full-time: This mode is beneficial for the students as it requires the students to attend their classes regularly and attend all the faculty lectures and assignments. With the help of regular classes, they get in-depth knowledge of all the subjects. Full-time courses are available in top B.Com colleges of Madhya Pradesh.

(2) Part-time: This mode is specially designed for those students who cannot come to the campus daily. Colleges offer different classes for a few hours on weekends or in the evening, depending on the college schedule. This special course format has been developed keeping in mind the working students so that they can manage their studies and jobs with ease.

(3) Distance Mode: This mode is specially designed for those students whose home lies far from the college and who cannot go to the institutions for education. The college then provides them with all the books and other study materials at their home and they can study at their own pace, in their own time. In this mode, classes are held one or two days a week.

Specializations offered in Top B.Com colleges in Madhya Pradesh

Madhya Pradesh is an emerging state of India and Indore city has got the first place in cleanliness in the whole of India. The government here has taken many big steps for the development of this state. Big companies in the country are setting up their manufacturing areas here, due to which employment opportunities are increasing. The youth here are also very interested in starting new businesses and the government here also helps a lot in starting new businesses. This is the best opportunity for students who want to make their career in commerce. 

Here is a list of specializations offered in top B.Com colleges in Madhya Pradesh:

Accounting And Finance

Business Economics

Taxation & Accounting

Accounting

Economics

Banking Management 

 Financial Markets

Finance

Marketing

E-Commerce

Taxation And Finance

Financial Accounting

Computer Applications

Insurance Management

Travel and Tourism

Supply Chain Management

B.Com Colleges in Madhya Pradesh: Eligibility Criteria

Candidates who are interested in getting admission to top B.Com colleges in Madhya Pradesh must check the eligibility criteria before applying for admission. There are different rules for admission in all colleges. Some of the top colleges in Madhya Pradesh conduct entrance exams for students and those who score the highest marks in this entrance exam are selected. Most of the colleges here admit students based on passing marks obtained in their previous academic examinations. Eligibility criteria of B.com colleges in Madhya Pradesh vary from college to college. To avoid confusion, here we have listed some important criteria that students must fulfill to get admission to top B.Com colleges in Madhya Pradesh.

1. Candidates who want to be admitted to top B.Com colleges in Madhya Pradesh must be from the Commerce stream.

2. Students should study Commerce with Business Studies, Economics, and Accountancy as core subjects in classes 11 and 12.

3. The minimum aggregate percentage of marks requirements may vary from college to college. Some B.Com colleges in Madhya Pradesh admit students with 40% passing marks.

4. Some of the top B.Com colleges in Madhya Pradesh offer admission based on passing marks or based on merit alone.

5. While taking admission, candidates also need some important documents like the previous year's mark sheet, passport size photo, Aadhar card, etc.

Top B.Com Colleges in Madhya Pradesh 2024-25

Madhya Pradesh state is famous all over India for its better education system. People from different states of the country come to study here. Some of the top B.Com colleges in Madhya Pradesh offer the highest packages to their students. It is a very developed state of India and new industrial areas, corporate and business areas are opening here every year. A bachelor's degree in commerce is quite valuable and it helps students to learn to operate any business, this course also gives an in-depth knowledge of accounting and taxation, finance. This is a great opportunity for students seeking a B.Com degree from top B.Com colleges in Madhya Pradesh. Commerce students are in great demand in the corporate sector, finance and business sector because commerce students play a good role in handling the finances of companies.

Here is a list of the top B.Com colleges in Madhya Pradesh:

College Names

Average Fees

Prestige Institute of Management and Research - [PIMR], Indore

INR 1,65,000

Amity University, Gwalior

INR 1,14,000

People's Institute of Management & Research - [PIMR], Bhopal

INR 18,000

Rabindranath Tagore University - [RNTU], Bhopal

INR 20,000

Rajeev Gandhi College, Bhopal

INR 20,000

Prestige Institute of Management & Research - [PIMRG], Gwalior

INR 84,450

Prestige Institute of Management and Research, Dewas

INR 48,000

Islamia Karimia College - [IKC], Indore

INR 10,852

CH Institute of Management & Commerce - [CHIMC], Indore

INR 10,000

Institute for Excellence in Higher Education - [IEHE], Bhopal

INR 18,882

Jagran Lakecity University - [JLU], Bhopal

INR 90,000

SDPS Women's College, Indore

INR 19,500

Devi Ahilya Vishwavidyalaya, Indore

INR 56,500

Government Maharani Laxmi Bai Girls PG College, Indore

INR 5,250

Altius Institute of Universal Studies, Indore

INR 20,000

Top 10 Government B.Com Colleges in Madhya Pradesh

Madhya Pradesh is famous all over India for its better education system and the government institutions are the first choice of every student. Because all the government colleges in Madhya Pradesh provide the best quality education and infrastructure to the students. All the government colleges here have smart classrooms, a gym, and an advanced library. The placement package of these colleges is also high, the second reason is that the faculty here is very experienced. Some students are not able to afford the fees of private colleges because their fees are higher than government colleges. There are a large number of government institutions in Madhya Pradesh. This may create confusion in your mind, so we have created a list of the top 10 government colleges offering B.Com in Madhya Pradesh for your reference which will help you in choosing the college.

Here is a list of the top 10 government B.Com colleges in Madhya Pradesh:

College Names

Average Fees

Devi Ahilya Vishwavidyalaya, Indore

INR 56,500

Government Maharani Laxmi Bai Girls PG College, Indore

INR 5,250

Barkatullah University - [BU], Bhopal

INR 3,295

Atal Bihari Vajpayee Hindi Vishwavidyalaya - [ABVHV], Bhopal

INR 6,500

Madhya Pradesh Bhoj (Open) University - [MPBOU], Bhopal

INR 2,880

Awadhesh Pratap Singh University - [APSU], Rewa

INR 18,000

DAV Mahavidyalaya, Bhopal

INR 4,500

Indore Christian College, Indore

INR 17,500

Government Hamidia Arts And Commerce College, Bhopal

INR 16,044

Government Autonomous Post Graduate College, Chhindwara

INR 3,571

Top 10 Private B.Com Colleges in Madhya Pradesh

Private institutions are the first choice of every student as they provide all the facilities to the students like advanced libraries, hostels, gyms, smart classrooms etc. All options for a B.Com degree are available in private colleges in Madhya Pradesh. The admission process in private colleges is very easy and most of the private institutions provide direct admission to the students without any entrance examination. Placement departments of private colleges are highly active and often invite elite recruiters. Leading international companies visit the college campus every year to provide placements to the students. Private colleges also provide internships to students.

Here is a list of the top 10 private B.Com colleges in Madhya Pradesh:

College Names

Average Fees

Prestige Institute of Management and Research - [PIMR], Indore

INR 1,65,000

Amity University, Gwalior

INR 1,14,000

People's Institute of Management & Research - [PIMR], Bhopal

INR 18,000

Rabindranath Tagore University - [RNTU], Bhopal

INR 20,000

Prestige Institute of Management & Research - [PIMRG], Gwalior

INR 84,450

Prestige Institute of Management and Research, Dewas

INR 48,000

Islamia Karimia College - [IKC], Indore

INR 10,852

CH Institute of Management & Commerce - [CHIMC], Indore

INR 10,000

Institute for Excellence in Higher Education - [IEHE], Bhopal

INR 18,882

Jagran Lakecity University - [JLU], Bhopal

INR 90,000

Top B.Com Colleges in Madhya Pradesh for Accounting

  1.  Institute for Excellence in Higher Education - [IEHE], Bhopal
  2. Jagran Lakecity University - [JLU], Bhopal
  3. Devi Ahilya Vishwavidyalaya, Indore
  4. Avantika University, Ujjain
  5. SAGE University, Bhopal 

Top B.Com Colleges in Madhya Pradesh for Taxation

  1. Indore Management Institute and Research Centre - [IMI], Indore
  2. Vidyasagar Institute of Management - [VIM], Bhopal
  3. CH Institute of Management & Commerce - [CHIMC], Indore
  4. Altius Institute of Universal Studies, Indore
  5. Avantika University, Ujjain

Top B.Com Colleges in Madhya Pradesh: ROI (Return on Investment)

Students who are thinking about taking admission to the top colleges of Madhya Pradesh and are confused about which course they should choose for their better future, then they need not think much. They can make their career in the commerce field. B.Com course is the best degree in the commerce field because commerce students are in great demand in India nowadays. This degree gives the highest ROI. Return on investment is the ratio of the total fees and compensation package paid after placement. Candidates give preference to those institutes that provide the best placements. Students should choose those universities that give higher placements and higher returns on investment.

Here is a list of the top 10 B.Com colleges in Madhya Pradesh according to ROI:

Name of the Institute

Annual Fees 

Average Package 

Prestige Institute of Management and Research - [PIMR], Indore

INR 1,65,000

INR 6,00,000

Amity University, Gwalior

INR 1,14,000

INR 5,80,000

Prestige Institute of Management & Research - [PIMRG], Gwalior

INR 84,450

INR 5,00,000

Prestige Institute of Management and Research, Dewas

INR 48,000

INR 4,80,000

Jagran Lakecity University - [JLU], Bhopal

INR 90,000

INR 4,50,000

Devi Ahilya Vishwavidyalaya, Indore

INR 56,500

INR 4,20,000

RKDF University, Bhopal

INR 13,000

INR 3,80,000

Avantika University, Ujjain

INR 94,000

INR 3,60,000

Oriental University - [OU], Indore

INR 20,000

INR 3,20,000

Medi-Caps University, Indore

INR 70,000

INR 3,00,000

Top B.Com Colleges in Madhya Pradesh: FAQs

Ques. What is the full form of B.Com?

Ans. The full form of B.Com is Bachelor of Commerce. B.Com is a three-year undergraduate degree in which students learn business, taxation, accountancy, etc. Most of the commerce students prefer this degree.

Ques. Which specialisation is best in B.Com?

Ans. Here are some specialisations in B.Com.

  1. Computer Application Studies
  2. Taxation
  3. Foreign Trade
  4. Accounting
  5. Economics

Ques. What are the best subjects in B.Com?

Ans. Here are the best subjects of B.Com.

  1. Business Economics.
  2. Financial Systems.
  3. Cost Accounting.
  4. Financial Accounting.
  5. Accountancy.

Ques. Which college is better in Madhya Pradesh for a B.Com degree?

Ans. Here are some of the Top Ranked B.com colleges in Madhya Pradesh.

  1. Prestige Institute of Management and Research - [PIMR], Indore
  2. Amity University, Gwalior
  3. Rabindranath Tagore University - [RNTU], Bhopal
  4. Prestige Institute of Management & Research - [PIMRG], Gwalior
  5. Jagran Lakecity University - [JLU], Bhopal

Ques. How many B.Com colleges are there in Madhya Pradesh?

Ans. The total number of top B.Com colleges in Madhya Pradesh is 523, out of which the total number of government colleges is 59 and the total number of private colleges is 194.

Ques. What is the minimum educational qualification required for admission to B.com colleges in Madhya Pradesh? 

Ans. Colleges for b.com in Madhya Pradesh only offer admission to students who have passed the class 12th from a recognized board.

Ques. Which are the top BCOM colleges in Madhya Pradesh for placement?

Ans. B.com colleges in Madhya Pradesh are well-known for offering splendid placement packages to their students. If you are looking for Top B.com Colleges in Madhya Pradesh and Best Placements details then check the bcom colleges in Madhya Pradesh for roi. We have created a list of the best B.com colleges in Madhya Pradesh according to their ROI which you can find in the above article.

Ques. Do B.com colleges in Madhya Pradesh offer scholarships?

Ans. Many of the B.com colleges in Madhya Pradesh offer several types of scholarships and financial aid to deserving students.

Ques. Which BCom college has the highest average package in Madhya Pradesh?

Ans. Amity University, Gwalior the highest average package of INR 5,04,000.

Ques. Which BCom college has the highest package in Madhya Pradesh?

Ans. Amity University, Gwalior offers the highest package of INR 34,00,500.

Ques. How to get admission to top Bcom colleges in Madhya Pradesh?

Ans. Students seeking admission to bcom colleges in Madhya Pradesh need to clear respective entrance tests and follow the admission process of b.com colleges in Madhya Pradesh decided by the college.

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