Top MBA Colleges in Madhya Pradesh 2024-2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Jul, 11, 2024

Top MBA Colleges in Madhya Pradesh 2024-25 - Check the list of the best MBA (Master of Business Administration) colleges in Madhya Pradesh with ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.

Madhya Pradesh is well recognized for its management studies along with its rich cultural heritage. Top MBA colleges in Madhya Pradesh comprise Amity Global Business School, Indian Institute of Forest Management-Bhopal, ITM University, CH Institute of Management & Commerce, etc. MP is a gold mine for management aspirants because this state has a rich history of producing top-notch management professionals and leaders over the years.

There are 271 MBA colleges in Madhya Pradesh of which 232 MBA colleges are private, 4 MBA colleges are public-private, and 31 MBA colleges are public. IITM Gwalior, Jaipuria Institute of Management-Indore, Prestige Institute of Management-Gwalior, IIM Indore, etc. are some of the best MBA colleges in Madhya Pradesh. These colleges offer MBA courses full-time as well as in distance mode with various MBA course specializations.

As per the NIRF ranking, IIM Indore is ranked 8th among the Best MBA colleges in Madhya Pradesh. Devi Ahilya Vishwavidyalaya, Madhya Pradesh Bhoj University, and several others are the best Distance MBA colleges in Madhya Pradesh.

If you are looking for Top MBA colleges in Madhya Pradesh then this page going to help you to find the best MBA college in Madhya Pradesh. This page going to help you, through this you will find information about top MBA colleges in Madhya Pradesh, their fees, and other related information that you want to know about the best MBA college in Madhya Pradesh.

Key Points of Top MBA College in Madhya Pradesh

Key highlights for an MBA from Madhya Pradesh College are:

Particular

Value

No. of Colleges

271

Approval Authority

AICTE, UGC, BCI, COA, PCI, UGC, NBA, AIU

Admission Process

Based on entrance exams like MPCET, CAT, MAT, XAT, etc.

NIRF Ranked college

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

The week-ranked college

ICOT, Bhopal

India today ranked college

Indian Institute of Management, Indore, IIFM, Bhopal

Fees

Rs. 10,000-10,00,000

MBA Specializations

Sales and Marketing, Operations, Business Analytics, Finance, Human Resources, etc.

Top MBA college in Madhya Pradesh

There are 271 MBA colleges in Madhya Pradesh of which, 232 MBA colleges are private, 4 MBA colleges are semi-government, and 31 MBA colleges are government colleges. MAT, CAT, XAT, etc are some of the most accepting Entrance Exams for Top MBA colleges in Madhya Pradesh. Some top MBA colleges in Madhya Pradesh include Amity Global Business School, Indian Institute of Forest Management-Bhopal, ITM University, CH Institute of Management & Commerce, etc.

Following is a list of the best MBA colleges in Madhya Pradesh that offer MBA courses within the state:

College Name

Fee

G.H Raisoni University, Saikheda

Rs. 87,000

SAGE University, Indore

Rs. 90,000

IPS College of Technology and Management, Gwalior

Rs. 55,000

Maulana Azad National Institute of Technology – (MANIT), Bhopal

Rs. 1,00,000

Rabindranath Tagore University - [RNTU], Bhopal

Rs. 60,000

Jawaharlal Nehru Krishi Vishwa Vidyalaya, Jabalpur

Rs. 74,411

CHIMC, Indore

Rs. 58,000

Jagran Lakecity University, Bhopal

Rs. 1,85,000

Devi Ahilya Vishwavidyalaya, Indore

Rs. 61,500

Barkatullah University, Bhopal

Rs. 40,450

Indira Gandhi National Tribal University, Anuppur

Rs. 10,500

Madhya Pradesh Bhoj (Open) University, Bhopal

Rs. 16,860

VIT Bhopal University, Bhopal

Rs. 3,51,500

RKDF University, Bhopal

Rs. 50,000

Avantika University, Ujjain

Rs. 2,63,000

Awadhesh Pratap Singh University, Rewa

Rs. 30,000

Institute Technology & Management, Gwalior

Rs. 77,500

SAGE University, Bhopal

Rs. 60,000

AITR, Indore

Rs. 1,13,500

Sardar Patel University, Balaghat

Rs. 51,500

Oriental University, Indore

Rs. 40,000

Mangalayatan University, Jabalpur

Rs. 90,000

Shri Krishna University - [SKU], Chhatarpur

Rs. 50,000

Swami Vivekanand University, Sagar

Rs. 44,000

Acropolis Group of Institutions, Indore

Rs. 65,000

LNCT University, Bhopal

Rs. 80,000

BM College of Management and Research, Indore

Rs. 55,000

Shri Govindram Seksaria Institute of Technology and Science, Indore

Rs. 1,18,015

Lakshmi Narain College of Technology, Jabalpur

Rs. 39,000

Technocrats Institute of Technology (Excellence), Bhopal

Rs. 55,000

Pioneer Institute of Professional Studies, Indore

Rs. 56,500

Oriental Institute of Science and Technology, Jabalpur

Rs. 39,000

Sagar Institute of Science and Technology, Sagar Group of Institutions, Bhopal

Rs. 1,20,000

Bhabha University, Bhopal

Rs. 33,000

Sam College of Engineering and Technology - [SAMCET], Bhopal

Rs. 50,500

Sanghvi Institute of Management and Science - [SIMS], Indore

Rs. 45,000

Madhav Institute of Technology and Science - [MITS], Gwalior

Rs. 1,33,120

People's University, Bhopal

Rs. 70,000

Graduate School of Business - [GSB], Indore

Rs. 95,000

Top MBA college in Madhya Pradesh by NIRF Ranking

A list is here in which some best colleges ranked by NIRF are given:

Rank

College Name

Score

8

Indian Institute of Management Indore

71.95

68

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

49.13

101-150

Jaipuria Institute of Management Indore

NA

101-150

Prestige Institute of Management & Research, Gwalior

NA

Top MBA college in Madhya Pradesh by The Times of India Ranking

A list is here in which some best colleges ranked by the Times of India are given:

Rank

College Name

62

Prestige Institute of Management And Research, Indore

65

Govindram Seksaria Institute of Management Research, Indore

89

IPS Academy, Institute of Business Management And Research, Indore

Top MBA college in Madhya Pradesh by Business Today Ranking

A list is here in which some best colleges ranked by Business today are given:

Business today rank

College Name

6

IIM Indore

48

Indian Institute of Forest Management

71

Prestige Institute of Management And Research, Indore

99

Jaipuria Institute of Management, Indore

106

Prestige Institute of Management And Research, Gwalior

107

Amity University, Gwaliorr

157

IPS Academy, Institute of Business Management And Research, Indore

200

Medi-Caps University

225

Jagran Lakecity University

228

Prestige Institute of Management Dewas

236

Sagar Institute of Research & Technology

251

Lakshmi Narain College of Technology, Bhopal

258

School of Management, ITM University, Gwalior

263

Acropolis Faculty of Management & Research

Top 5 government MBA colleges in Madhya Pradesh

A list given below is the top government MBA colleges in Madhya Pradesh that offer MBA courses:

College Name

Fee

School of Management, ITM University

Rs. 5-6 lakh

AKS University

Rs. 1-2 lakh

Jagran Lakecity University

Rs. 1-3.4 lakh

Prestige Institute of Management and Research

Rs. 3-4 lakh

Jaipuria Indore

Rs. 10.3 lakh

Top 5 Private MBA Colleges in Madhya Pradesh

A list given below is the top Private MBA colleges in Madhya Pradesh that offer MBA courses:

College Name

Fee

Indian Institute of Forest Management

Rs. 7.8 lakh

Devi Ahilya Vishwavidyalaya

Rs. 31,000=2 lakh

Jiwaji University

Rs. 12,000-99,000

IIM Indore

Rs. 17-35 lakh

IIITM Gwalior

Rs. 3-7 lakh

Entrance exams: Top MBA College in Madhya Pradesh

Following is a list of the entrance tests for the best MBA colleges in Madhya Pradesh:

College Name

Exam

Indian Institute of Management (IIM), Indore

CAT/GMAT 

Atal Bihari Vajpayee Indian Institute of Information Technology and Management 

CAT 

Indian Institute of Forest Management (IIFM), Bhopal

CAT/XAT/MAT/CMAT/GMAT

SAGE University

SAGE University Entrance Exam 

Jaipuria Institute of Management

CAT/CMAT/XAT/MAT/GMAT/ATMA

Mansarovar Global University

 (Based on General Eligibility Criteria)

Vidyasagar Institute of Management

CMAT

Prestige Institute of Management and Research

CMAT

Institute of Business Management & Research (IBMR), Indore

CMAT

VIT Business School, Bhopal

CAT/ MAT/ CMAT/ XAT / GMAT/ NMAT/ATMA 

ROI for MBA college in Madhya Pradesh

Following are some of the colleges with their average salary and course fees are as under:

College Name

Fee

Salary

Prestige Institute of Management and Research, Indore

Rs. 1,19,000

Rs. 4,50,000

ITM University, School of Management, Gwalior

Rs.1,45,000

Rs. 3,50,000

Indian Institute of Forest Management, Bhopal

Rs. 3,12,000

Rs. 7,50,000

Jaipuria Institute of Management

Rs. 3,80,000

Rs. 6,70,000

CH Institute of Management & Commerce

Rs. 35,000

Rs. 2,80,000

Prestige Institute of Management, Gwalior

Rs. 1,10,950

Rs. 4,50,000

Prestige Institute of Management, Dewas

Rs. 80,000

Rs. 3,20,000

Top Recruiters: Top MBA College in Madhya Pradesh

The table given below shows the recruiters are:

Flipkart

ONGC

HCL Technologies

HDFC

India Mart

Capgemini

Oracle

IOCL

Philips

Pro Tree Consultancy Services Pvt. Ltd.

Wipro Technologies

Collabera Technologies

Capgemini

Wane Technologies

ISC Software Pvt Ltd

 

MBA Specializations: Top MBA college in Madhya Pradesh

A list given below is the top MBA colleges in Madhya Pradesh that offer MBA courses in different specializations:

Marketing Management

Technology & Operations Management

Information Technology (IT) & Systems Management

Finance Management

Human Resource Management (HRM) 

Management of Social Sector

Business Analytics

Agribusiness Management

Event Management

Production and Operations Management

Aviation Management

Banking & Finance

Hospital Administration

Business Administration

Applied Management

 
Eligibility Requirements: Top MBA Colleges in Madhya Pradesh

(i). Candidates should have a bachelor's degree in any stream from a recognized university or institution with a minimum of 50% aggregate.

(ii). Few MBA colleges accept scores from national-level entrance exams such as MAT, XAT, CAT, CMAT, etc. Candidates are required to fulfill the minimum cutoff scores set by the particular colleges.

Admission Process for Top MBA College in Madhya Pradesh

The admission process generally includes a common entrance examination and a written aptitude test (WAT) or written essay, a group discussion (GD), and an interview (PI). The WAT-PI-GD cycle takes place after the entrance exam. Only candidates who have cleared the entrance exam will be selected for the WAT, GD, and PI exams.

Questions for MBA colleges in Madhya Pradesh

(1). How much is the total MBA fee at MP?

Ans. The average fees for an MBA in MP range from Rs. 5-8 lakh for two years.

(2). How many MBA colleges are there in Madhya Pradesh?

Ans. There are a total of 271 MBA colleges in Madhya Pradesh.

(3). Which is the best state university for MBA in MP?

Ans. IIM Indore is the best public university for PGPM (MBA equivalent) courses in MP and was ranked as the 8th best management institute in the country by NIRF in 2023.

(4). Is an MBA internship in MP worth it?

Ans. Yes, MBA internships in MP colleges, especially government colleges and institutes, can be very lucrative and CTC prices start from Rs. 5 LPA and go up to Rs. 25 LPA depending on the institute.

(5). Which is the best university to study MBA in Madhya Pradesh?

Ans. IIM Indore.

(6). Which is the best private college in Madhya Pradesh to pursue an MBA?

Ans. Lakshmi Narain College of Technology, Indore is one of the best private MBA colleges in Madhya Pradesh and is rated by many ranking agencies.

(7). Is studying for an MBA at MP worth it?

Ans. Yes, Madhya Pradesh is a well-developed state in terms of management education. Nearly 260 institutes offer MBA programs, offering students a wide range of study options. Additionally, MP placement services are also very effective in providing students with access to fairly paid employment opportunities.

(8). MBA, which area promises a higher salary?

Ans. An MBA in Human Resources and Finance is the most promising and highest-paying career.

(9). Which is the best MBA college for internships in Madhya Pradesh?

Ans. IIM Indore is the best college for MP internships as per the latest statistics as it offers students an average CTC of almost Rs. 25 LPA, which is one of the highest in the US.

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