Top Commerce Colleges in Indore 2024-2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Oct, 25, 2024

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

Prestige Institute of Management and Research, Pioneer Institute of Professional Studies, Renaissance University, Devi Ahilya Vishwavidyalaya, Oriental University, etc. are some of the top colleges for commerce in Indore. There are 80+ top commerce colleges of which 71+ are privately owned and 9+ are government-funded. These colleges provide various types of specializations in several fields for students. Commerce courses are specially designed for students who are interested in the fields of finance, business, economics, and management. This course aims to provide highly educated and skilled students, which is important for a strong foundation in understanding commerce.

Indore, the largest city in Madhya Pradesh, India, is vibrant. It has a rich history, a diverse culture, and rapid development. Indore is known for its cleanliness. It has topped the Swachh Survekshan rankings. This reflects the city's commitment to hygiene and sustainable living. Indore is a famous city for students because they all know that Indore city is the biggest hub of the top Commerce colleges and universities. Most students come from other cities and states to get admitted to the top Commerce Colleges in Indore.

Highlights of Top Commerce Colleges in Indore 2024-25

Commerce is a professional program, designed for students to gain knowledge and develop their financial, business, economic and management skills. B.com, M.com, M.phil, etc. are the best Commerce courses at different levels such as Bachelor, Master and Ph.D. These courses take different lengths to complete. These courses are provided in various specializations in various fields including accounting, finance, supply chain management, tourism management, international marketing, applied computer research, business management, corporate management, etc. for students to get admission to reputed business colleges in Indore. Prestige Institute of Management and Research, Pioneer Institute of Professional Studies, Renaissance University, Devi Ahilya Vishwavidyalaya, Oriental University, etc. are the top-ranked colleges in Indore. These are the best colleges for Commerce specialization in Indore.

Here is the table of the parameters of the top Commerce colleges in Indore:

Parameters

Particulars

State

Madhya Pradesh 

City

Indore

Number of Commerce college

80

Program Offer

UnderGraduation, Post-graduation, Doctorate.

Course Name

B.comM.com, M.Phil/PhD.

Top Specializations

Accounting, Finance, Banking, Supply Chain Management, Tourism Management, International Business, Computer Application Studies, Business Administration, Business Management, etc.

Course Type

Full-time, Part-time, Distance, and Online.

Admission Process

Entrance Exams/Merit-Based

Average Fee

INR 10,000 to 5,00,000 PA

Specializations in Top Commerce Colleges in Indore

Students have various options to get admission in their interested course which is relevant to their previous education. Top commerce colleges in Indore offer various levels of commerce courses in a wide range of specializations. Students get an opportunity to select the specializations according to their field of interest and career goals. 

Here is the table of the top specialization in top Commerce colleges in Indore:

Specialization

Focus Areas

Accounting and Finance (M.Com.)

Financial reporting, auditing, taxation, corporate finance, investment management

Banking and Insurance (B.Com.)

Banking operations, insurance policies, risk management, financial services

Business Management

Organizational behaviour, business strategy, operations management, leadership

Economics (B.Com)

Microeconomics, macroeconomics, economic policies, market analysis, international economics

Marketing (B.Com.)

Consumer behavior, brand management, digital marketing, sales strategy, market research

Human Resource Management

Talent acquisition, employee relations, performance management, labor laws, organizational development

International Business (M.Com)

Global trade, cross-cultural management, international finance, global marketing

Taxation (M.Com.)

Tax laws, tax planning, corporate taxation, personal taxation, indirect taxes

E-Commerce (B.Com.)

Online business models, digital marketing, e-commerce platforms, online consumer behavior

Entrepreneurship

Business planning, startup management, innovation, venture capital, small business management

Business Analytics (B.Com.)

Data analysis, business intelligence, statistical tools, predictive modeling, decision-making

Top Commerce Colleges in Indore: Entrance Exams

Entrance tests often serve as a crucial component of the admissions process, helping top commerce colleges in Indore identify students who possess the necessary skills and knowledge for the successful completion of their courses. DAVV CET and NPAT are the common entrance exams on the score of which the top B.com colleges in Indore offer admission to students.

Eligibility criteria in Top Commerce colleges in Indore

Commerce is a professional program and every commerce college in Indore has eligibility criteria for the students wishing to enroll:

Here is the eligibility criteria for the Top Commerce colleges in Indore:

General Eligibility Criteria for BCom Courses

Educational Qualification:

  1. Candidates must have completed their Class 12 (Higher Secondary) education.
  2. A minimum aggregate percentage is typically required:
                 BCom (General): Minimum of 40% in Class 12. 

                     BCom (Honors): Minimum of 60% in Class 12.

Stream Requirements

Students from the Commerce stream are preferred, but candidates from the Science and Arts streams may also be eligible, depending on the college's specific policies.

General Eligibility Criteria for MCom Courses

Educational Qualification:

  1. Candidates must have completed a Bachelor’s degree in Commerce (BCom) or an equivalent degree from a recognized university.
  2. A minimum aggregate percentage is usually required:
               MCom: Minimum of 50% in the qualifying degree (BCom or equivalent).

Stream Requirements:

While a degree in Commerce is preferred, candidates with degrees in related fields such as Business Administration, Economics, or Management may also be considered, depending on the college's specific policies.

Modes of the Top Commerce Courses in Indore

Top Commerce colleges in Indore provide various modes for students to attend their classes and not lose their studies. The student can choose their studying modes which are compatible with their situation for attending their classes. Full-time, part-time, distance, and online modes are available to students.

Here is the table of the modes of the top Commerce colleges in Indore:

Mode

Description

Full-time

Full-time courses require students to attend classes regularly, typically on weekdays. These programs are intensive and involve in-person lectures, practical sessions, and regular assessments. Full-time courses are best suited for students who can commit to a rigorous academic schedule without any parallel commitments.

Part-time

Part-time courses are designed for students who may be working or have other commitments. Classes are usually held in the evenings or on weekends. These programs are less intensive than full-time courses and are spread out over a longer duration, allowing students to balance their studies with work or other responsibilities.

Distance

Distance learning courses allow students to study remotely without the need to attend regular classes. Study materials are usually provided in printed or digital format, and students can complete the coursework at their own pace. Assessments are typically conducted online or through postal services. Distance learning is ideal for students who cannot attend in-person classes due to geographical or time constraints.

Online

Online courses are conducted entirely over the internet. They include live or recorded lectures, virtual classrooms, online discussions, and digital assessments. Online courses offer flexibility, allowing students to learn from anywhere and at any time. These programs are ideal for students who prefer a more flexible and self-paced learning environment.

Top Commerce Colleges in Indore 2024-25

In Indore, There are around 80 commerce colleges out of which 71+ are privately owned and 9+ are government-funded.  These colleges offer UG, PG and PhD level education in various courses with a wide range of specializations. Prestige Institute of Management and Research, Pioneer Institute of Professional Studies, Renaissance University, Devi Ahilya Vishwavidyalaya, Oriental University, etc. are some of the best commerce colleges in Indore and are listed in the top 5 commerce colleges in Indore.

Here is the table of the top Commerce colleges in Indore:

College Name

Total Tuition Fee (INR)

IPS Academy, Indore

INR 24,850

Pioneer Institute of Professional Studies - [PIPS], Indore

INR 24,000

Renaissance University - [RU], Indore

INR 25,000

Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], Indore

INR 4,024

DAVV Mateshwari Sugni Devi Girls College, Indore

INR ----

Radiant Institute of Management & Science - [RIMS], Indore

INR 18,000

Government Maharani Laxmi Bai Girls PG College, Indore

INR 10,060

Oriental University - [OU], Indore

INR 22,500

Medi-Caps University, Indore

INR 70,000

Indore Management Institute and Research Centre - [IMI], Indore

INR --

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

INR 15,000

Shivajirao Kadam Group of Colleges, Indore

INR 50,000

SAGE University, Indore

INR 50,000

Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore

INR 1,50,000

Shri RGP Gujarati Professional Institute - [SRGPGPI], Indore

INR 17,000

Top Government Commerce Colleges in Indore

Indore City is a hub of Commerce Institutions and most students want to take admission to the top government colleges in Indore for their affordable fees and a wide range of specializations. There are around 9+ Commerce colleges in Indore. These colleges offer superior facilities and a top-notch educational program is a low fee structure as compared to privately owned colleges. Devi Ahilya Vishwavidyalaya, DAVV Mateshwari Sugni Devi Girls College, Government Maharani Laxmi Bai Girls PG College, etc. are some of the top government Commerce colleges in Indore

Here is the list of top government Commerce colleges in Indore:

College/ University Name

Average Fees (INR) 

Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], Indore

INR 4,024

DAVV Mateshwari Sugni Devi Girls College, Indore

INR ----

Devi Ahilya Vishwavidyalaya, Indore

INR 56,500

Government Maharani Laxmi Bai Girls PG College, Indore

INR 10,060

Mata Jijabai Govt. Girls P.G. College, Indore

INR ---

Indore Christian College, Indore

INR 17,500

International Institute of Professional Studies - [IIPS], Indore

INR 92,600

Top Private Commerce Colleges in Indore

Private colleges provide a variety of excesses such as libraries, transportation, and much more. Most students choose private colleges for their education and quality of facilities. There are around 71+ colleges that provide various types of commerce programs in their top college in Indore. Better job placements and higher compensation packages in multinational corporations are also offered by the private colleges of commerce in Indore. The top Private B.Com colleges in Indore are  Pioneer Institute of Professional Studies, Renaissance University,  Presidency College, Narsee Monjee Institute of Management Studies, etc., are some of the top 3 private commerce colleges in Indore.

Here is the list of top private B.Com colleges in Indore:

College Name

Total Tuition Fee (INR)

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

INR 1,84,500

 Pioneer Institute of Professional Studies - [PIPS], Indore

INR 24,000

Renaissance University - [RU], Indore

INR 25,000

Oriental University - [OU], Indore

INR 22,500

Medi-Caps University, Indore

INR 70,000

Indore Management Institute and Research Centre - [IMI], Indore

INR --

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

INR 15,000

Shivajirao Kadam Group of Colleges, Indore

INR 50,000

SAGE University, Indore

INR 50,000

Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore

INR 1,50,000

Shri RGP Gujarati Professional Institute - [SRGPGPI], Indore

INR 17,000

Top B.Com colleges in Indore 2024-25

Among 80+ colleges in Indore 77+ colleges provide the B.com course in various specializations. Offering their students competitive compensation packages along with top-notch educational programs. Christ University, Presidency University, St. Joseph's University, NMKRV College for Women, Brindavan Group of Institutions, etc. These universities teach their students about banking, accounting, taxation, and business operations. Top b.com colleges in Indore offer specialized courses and practical insights into business operations.

Here is the list of top B.Com colleges in Indore:

College Name

Total Tuition Fee (INR)

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

INR 1,84,500

Pioneer Institute of Professional Studies - [PIPS], Indore

INR 24,000

Renaissance University - [RU], Indore

INR 25,000

Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], Indore

INR 4,024

DAVV Mateshwari Sugni Devi Girls College, Indore

INR ----

Devi Ahilya Vishwavidyalaya, Indore

INR 56,500

Government Maharani Laxmi Bai Girls PG College, Indore

INR 10,060

Oriental University - [OU], Indore

INR 22,500

Medi-Caps University, Indore

INR 70,000

Indore Management Institute and Research Centre - [IMI], Indore

INR --

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

INR 15,000

Shivajirao Kadam Group of Colleges, Indore

INR 50,000

SAGE University, Indore

INR 50,000

Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore

INR 1,50,000

Shri RGP Gujarati Professional Institute - [SRGPGPI], Indore

INR 17,000

Top M.com colleges in Indore

Among 80+ commerce colleges in Indore 41+ colleges provide masters courses with a well-planned curriculum. IPS Academy and Radiant Institute of Management & Science are some of the top M.com colleges in Indore. These universities teach their students about banking, accounting, taxation, and business operations. Top M.com colleges in Indore offer specialized courses and practical insights into business operations. After completing undergraduate studies, students focus on the next level of higher education to gain extra knowledge and skills.

Here is the list of top B.Com colleges in Indore:

College Name

Total Tuition Fee (INR)

IPS Academy, Indore

INR 24,850

Radiant Institute of Management & Science - [RIMS], Indore

INR 18,000

Malwanchal University, Indore

INR 19,400

Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], Indore

INR 1,601

DAVV Mateshwari Sugni Devi Girls College, Indore

INR ----

Devi Ahilya Vishwavidyalaya, Indore

INR 38,332

Government Maharani Laxmi Bai Girls PG College, Indore

INR 4,870

Oriental University - [OU], Indore

INR 25,000

SAGE University, Indore

INR --

Shri RGP Gujarati Professional Institute - [SRGPGPI], Indore

INR 17,000

Top Commerce colleges in Indore for Computer Application Studies

  1. Oriental University - [OU], Indore
  2. SAGE University, Indore
  3. IPS Academy, Indore
  4. Renaissance College of Commerce & Management - [RCCM], Indore
  5. Shri Atal Bihari Vajpai Govt Arts and Commerce College - [GACC], Indore

Top Commerce Colleges in Indore for Accounting

  1. Devi Ahilya Vishwavidyalaya, Indore
  2. Oriental University - [OU], Indore
  3. SAGE University, Indore
  4. IPS Academy, Indore
  5. MKHS Gujarati Girls College, Indore

Best Commerce Colleges in Indore for Taxation

  1. Lakshmi Narain College of Technology - [LNCTI], Indore
  2. Oriental University - [OU], Indore
  3. SAGE University, Indore
  4. IPS Academy, Indore
  5. Renaissance College of Commerce & Management - [RCCM], Indore

Top Commerce colleges in Indore accepting NPAT 

  1. Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore

Top Commerce colleges in Indore: ROI (Return On Investment)

The top Commerce colleges in Indore offer Various types of job and career opportunities for their students to make their career. Return on Investment (ROI) is an important purpose in a student's life because students choose those colleges to complete their education that provide top placement in the best commerce colleges in Indore and expect the best placement packages through the colleges and can evaluate their annual fees with their annual salary package. Every time, students choose their institutions based on ROI. Prestige Institute of Management and Research, IPS Academy and SAGE University, etc. are the best 3 ROI colleges in Indore

Here is the list of the top Commerce colleges in Indore according to ROI:

Name of the colleges

Average fees

Average Packages

Oriental University - [OU], Indore

INR 22,500

INR 5,30,000

IPS Academy, Indore

INR 24,250

INR 7,41,000

Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore

INR 1,50,400

INR 12,50,000

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

INR 1,84,500

INR 4,41,000

Medi-Caps University, Indore

INR 70,000

INR 6,50,000

Radiant Institute of Management & Science - [RIMS], Indore

INR 54,000

INR 8,08,000

Best Recruiting Industries for top Commerce colleges in Indore

B.Com is the most prevalent degree in India nowadays, and most organizations hire graduates with this degree. Accounting, banking, finance, business management, and many other topics are covered in this course. Indore has a large number of colleges that offer the highest-paying postings. Prestige Institute of Management and Research, IPS Academy, Medi-Caps University, and SAGE University, etc. are the best commerce colleges in Indore for inviting top recruiting companies to their campus.

Here is a list of some of the top Commerce colleges in Indore and their top recruiters:

Colleges Names

Top Recruiters Company

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

Wipro, JP Morgan Chase, Bain Capability Network, ICICI Bank, Aon, etc.

Medi-Caps University, Indore

Pepper Fry, PayPal, Insnap Technologies, Property Angel, Class Klap, etc.

Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore

Allahabad Bank, Goldman Sachs, Natural Remedies, Unisys, etc.

Top Commerce Colleges in Indore: FAQs

Ques. What are the most popular commerce courses in Indore?

Ans. The top Commerce colleges in Indore offer various types of courses including Bachelor of Commerce (B.Com), M.Com, Bachelor of Business Administration (BBA), and professional courses like Chartered Accountancy (CA), Company Secretary (CS), and Cost and Management Accountancy (CMA).

Ques. What are the specializations available in commerce courses in Indore?

Ans. Top Commerce courses in Indore provide various types of specializations in diverse fields including Accounting and Finance, Banking and Insurance, Business Management, Economics, Marketing, Human Resource Management, International Business, Taxation, and Business Analytics, among others.

Ques. What is the fee structure for commerce courses in Indore?

Ans. In Indore, many colleges provide Commerce programs at INR 10,000 to 5,00,000 PA fees according to their criteria.

Ques. What are the career opportunities after completing a commerce course in Indore?

Ans. Graduates students of commerce courses can pursue careers in accounting, finance, banking, taxation, auditing, business management, and entrepreneurship. Many also opt for higher studies or professional courses like CA, CS, CMA, or MBA.

Ques. What is the average placement package for commerce graduates in Indore?

Ans. The average placement package for commerce students in Indore varies depending on the college, specialization, and industry. On average, it ranges from INR 3 to 8 lakhs PA, with higher packages for top-performing students and those from reputed institutions.

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