Ranking, admission process, placements, the fee structure of some of the best MBA colleges in Indore are some important selection parameters on which you will finally make a decision. If you are pursuing graduation or a working professional and intend to do an MBA from a top college in Indore, then there will be many questions buzzing in your head like for instance which MBA colleges in Indore accept CAT, GMAT, XAT, CMAT or MAT score for the admission to the MBA programs. The industrial estate Pitampur near Indore is considered the “Detroit of India” and generates a lot of employment opportunities for the population residing in this region.
Some of the parameters we used to judge these MBA colleges included:-
Our industry experts with more than 20 years of experience have rated these top MBA colleges on the above factors, and this quantitative data has been then supplemented with qualitative factors such as student feedback, faculty accessibility etc. to give you one of the best B-school ranking lists available online.
MBA colleges in Indore accepting CAT, XAT,CMAT and GMAT scores:-
As a management aspirant, you should be aware of the list of best MBA colleges that accept CAT, XAT or GMAT scores for the final intake of students in the two-year management program.
One of the best MBA colleges is Indian Institute of Management that accepts CAT scores followed by Written Ability Test and Personal Interview for the enrollment of students to Post Graduate Programme in Management. This premier Institution is comparable to the best in the domain of teaching, research and interaction with industries. IIM Indore endeavours to be a contextually-relevant business school with world-class academic standards.
One of the best MBA institutes is Jaipuria Institute of management. It accepts XAT / CMAT / MAT / CAT score. The management programme is designed by incorporating industry insights and current research related to the management field. It believes in providing wholesome education to its students. This college focuses on equipping the students with the latest technical competencies so that they can face stiff competition in the corporate world.
CH Institute of Management and Commerce, one of the best MBA college, believes in imparting an education that is strongly rooted in morals and ethics and developing their analytical approach. Modern attitude, practical wisdom, knowledge and skills relevant for management, are deeply ingrained in the students.
One of the top MBA colleges is Indore Indira Group. It believes in providing its students' education par excellence with a global outlook. It is an institution which fosters excellence in management, innovation and entrepreneurship for the development of society as a whole.
One of the best MBA colleges in this city is Indore Management Institute & Research centre. The programme is designed in such a way that it is in tandem with the global business world. Moreover, the students are empowered with the relevant skill and knowledge so that they make decisions that are beneficial to the growth of the organization.
One of the best MBA institutes is Sanghvi Institute of Management & Science, which accepts CMAT scores for the intake of students for enrollment to their management programs. This management institute imparts quality management education and believes in inculcating in students ethical values, sensitivity to the environment and strong leadership skills.
Indore– Preferred city to pursue Management Programs (MBA)
Let’s have a look at the reasons:-
A) Epicenter for various business activities:-
Indore is considered the economic nerve centre of Madhya Pradesh. The economy of this city is fuelled by the growth of agro-industries, IT companies, automobile industry etc. Another important factor that has contributed to the economic growth of this city is that it has been identified for infrastructure development under the Textiles Centre Infrastructure Development. It has provided a lot of employment opportunities for management graduates.
B) Immense career opportunities for Management students:-
Indore was one of the first top 20 Smart cities, and this fact expands the scope of infrastructural development. This city has witnessed tremendous growth in various industrial sectors. A youth equipped with requisite skill and knowledge will have innumerable opportunities for growth in Indore. Companies like Kinetic Honda, Bajaj Tempo, Bridge Stone, Eicher Motors, Larsen and Toubro, Crompton Greaves etc. have their industrial set-up in this city which has affected the per capita income of this region.
Let’s have a look at the fee structure and the average salary structure of various colleges:-
MBA colleges in Indore- Fee structure and average salary (subject to revision):-
Name of Colleges
Avg. Placement Salary
Indian Institute of Management
Rs. 16,00,000 (total fees)
Rs 20.79 LPA
Jaipuria Institute of Management
Rs 6,95,000 (total fees)
Rs. 5 (approx) LPA
CH Institute of Management and Commerce
Rs 76,000 (total fees)
Rs 2.8 LPA
Indore Indira Group
Rs 1,70,000 (total fees)
Rs 4 LPA
Indore Management Institute & Research Centre
Rs 50,000 (annually) (approx.)
Rs 4 LPA (approx.)
Sanghvi Institute of Management & Science
Rs 68,000 (annually)
Rs 3 LPA (approx.)
The best business colleges in India are the ones which offer management education that keeps pace with Global MBA environment. The management colleges should have either been accredited with one or more international accreditations or should be in the process of being awarded with it. These top colleges have a unique pedagogy and highly qualified faculty; the students at the best MBA colleges in India get consistently higher average placements year after year as they become industry ready.
The top ranking MBA colleges include not only the Indian Institutes of Management (IIMs) but also some of the other university-affiliated and private MBA colleges which are doing much better than many of the newer IIMs. The best MBA colleges and a number of IIMs have a similar fee structure, but some of the newer IIMs placements, IIM Admission process and the IIMs average salary in placement tend to lag behind in a number of these best MBA colleges. This exhaustive list of top colleges to pursue your management education from has been compiled after comprehensive research of MBA universities and colleges by our panel of experts.
Therefore, we recommend that first analyze as to what are the parameters which are important for you and then decide the college which caters to these parameters. Most importantly, you have to give in 100% to achieve your goal. All the best !!!