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 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. |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
(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.
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.
(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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