Top MBA Colleges in Madhya Pradesh 2025 - Fees, Admissions, Ranking, Placement
Madhya Pradesh, located in central India, is growing in education sector. This state has the most popular institutions like IIT Indore, IIM Indore, and Devi Ahilya Vishwavidyalaya etc. There are nearly 400+ Best MBA Colleges in Madhya Pradesh, including 300+ private, 30 government, and 4 semi-private institutions. Admissions are primarily based on entrance exams such as CMAT, CAT, MAT, XAT, etc.
Top MBA Colleges in Madhya Pradesh:
IIM Indore
Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior
Prestige Institute of Management and Research, Indore
Jaipuria Institute of Management, Indore
Amity University, Gwalior
ITM University, Gwalior
These colleges offer industry-aligned MBA programs with strong placement records and are recognized for their academic excellence across various management domains.
The highest placement package in Madhya Pradesh was offered by IIM Indore, reaching an impressive ₹100 LPA. The institute also recorded the highest average package in the state, ranging between ₹24–25 LPA
| Total MBA Colleges | 400+ |
| Accepted Entrance Exams |
CAT, CMAT, XAT, NMAT, ATMA, GMAT |
| Course | MBA |
| Specialisations | Marketing, HRM, Finance, Business Analytics, General, Operation, etc. |
| Fees Range | INR 78k to 17.25 Lakh |
| Eligibility | 50-60% in Graduation (reservation category 45%) |
| Top Colleges | IIM Indore, AABV IITM, etc. |
| Highest Average Package | INR 24.5 LPA by IIM Indore |
| Highest Package | INR 100. LPA by IIM Indore, INR 65 LPA by ABV IITM |
Eligibility Criteria & Admissions 2025
The eligibility criteria to get admission into MBA Course in MP might be vary from one to another institutions, the basic eligibility criteria are give below
Must have a bachelor’s degree in any discipline with 45–50% aggregate
Final-year students are also eligible to apply
Should have a valid score in CAT, MAT, XAT, CMAT, or other accepted exams
Selection usually includes percentile-based shortlisting followed by GD/PI rounds
Exam Schedule 2025
Given below is table of most accepted entrance exams for MBA course in MP along with their examination date
| Entrance Exam | Date | Predictor |
| CAT | 30 Nov 2025 | CAT College Predictor |
| MAT | 28 Sep 2025 | MAT College Predictor |
| CMAT | 25 Jan 2025 | CMAT College Predictor |
Disclaimer: Information is based on official sources and may changes or updates
NIRF MBA Colleges in Madhya Pradesh
There are 2 NIRF Ranking Institutions in MP under management category, given below list including name and 2 years of track record
| College Names | NIRF 2023 | NIRF 2024 |
| IIM Indore | 8 | 8 |
| IIITM Gwalior | 68 | 85 |
Disclaimer: Data is based on official source
Private MBA Colleges in Madhya Pradesh
The are 300 Private colleges offering MBA course in Madhya pradesh, this list includes best 11 Private MBA Colleges in Madhya Pradesh with their total fee and city name.
| Colleges | Total Fee | City |
| Prestige Institute of Management and Research | INR 3 lakh | Indore |
| Jaipuria University | INR 12 lakh | Indore |
| ITM University | INR 2 – 4 lakh | Gwalior |
| Amity University | INR 6.12 – 10.72 lakh | Gwalior |
| Jagran Lakecity University | INR 2 – 3 lakh | Bhopal |
| SAGE University | INR 2 – 18 Lakh | Indore |
| IPS Academy | INR 2.3 L | Indore |
| Sagar Institute of Research and Technology | INR 1 lakh | Bhopal |
| Vikrant University | ₹1,40,000 | Gwalior |
| NMIMS | INR 14.25 – 18 L | Indore |
| Medi-Caps University | ₹2.6 – 5 L | Indore |
Disclaimer: Data is based on official and other reliable sources, may changes or updates
Govt. MBA Colleges in Madhya Pradesh
The are 30 Public colleges offering MBA course in Madhya pradesh, this list includes best 5 government MBA Colleges in Madhya Pradesh with their total fee
| Colleges | Total Fee |
| IIM Indore | INR 17 lakh – 35 lakh |
| Indian Institute of Forest Management | INR 12 lakh |
| DAVV – Devi Ahilya Vishwavidyalaya | INR 90,000 – 2 lakh |
| Jiwaji University | INR 45,000 – 65,000 |
| IIITM Gwalior | INR 3 lakh – 8 lakh |
Disclaimer: Data is based on official and other reliable sources, may changes or updates
Online/Distance MBA Colleges in Madhya Pradesh
Given below is list of top 6 Institutions offering Online MBA in Madhya pradesh, this list includes Institutes name, degree mode and total fee
| Institution Name | Mode | Total Fee |
| Madhya Pradesh Bhoj (Open) University | Distance | INR 18,000 |
| Rani Durgavati University | Distance | INR 40,000 |
| Jiwaji University | Distance | INR 30,000 |
| Amity Online, Gwalior | Online | INR 1,99,000 |
| IGNOU (Regional Centre) | Online/Distance | INR 65,000 |
| Devi Ahilya Vishwavidyalaya | Distance | INR 44,000 |
Disclaimer: Data is based on official and other reliable sources, may changes or updates
Low- Budget MBA Colleges in Madhya Pradesh
Given below a list of affordable MBA Colleges in MP, the fee range starts from INR 78k
| Colleges | Tuition Fee |
| Lal Bahadur Shastri Institute of Technology and Management | INR 78,000 |
| Shri Ram Institute of Technology | INR 82,000 |
| DAVV – Devi Ahilya Vishwavidyalaya | INR 90,000 |
| Sri Aurobindo Institute of Technology | INR 99,000 |
| Sushila Devi Bansal College of Technology | INR 97,000 |
Disclaimer: Data is based on official and other reliable sources, may changes or updates
Best ROI wise MBA Colleges in Madhya Pradesh
This list refers the best MBA Colleges in MP in term of Placement package, this list includes Institute name, total fee and annual average package, Atal Bihari Vajpayee IITM has the highest ROI
| College Names | Total Fee | Annual Average Package |
| Atal Bihari Vajpayee, IITM | INR 2.96- 7.9 Lakh | INR 20 LPA |
| SAM Global University, Bhopal | INR 60 K | INR 6.0 LPA |
| DAVV – Devi Ahilya Vishwavidyalaya | INR 90 K – 2.1 Lakh | INR 5 – 6 LPA |
| Jagran Lakecity University | INR 2 lakh – 3 lakh | INR 4 LPA |
| Prestige Institute of Management and Research | INR 3 lakh | INR 5 LPA |
| School of Management, ITM University | INR 2 lakh – 6 lakh | INR 6 LPA |
| IIM Indore | INR 17 lakh – 35 lakh | INR 22 LPA – 27 LPA |
Disclaimer: Data is based on official and other reliable sources, may changes or updates
Best MBA Colleges in Madhya Pradesh: Ranking, Approvals, Exams, Fee, Packages
IIM Indore - Indian Institute of Management
MBA
212
CAT, IPMAT
₹17.25 L - 35 L
₹24 - 24.5 LPA
₹100 LPA
Atal Bihari Vajpayee Indian Institute of Information Technology and Management
MBA
120
CAT, JEE Main
₹3.2 L - 7.9 L
₹ 20.56 LPA
₹65 LPA
Prestige Institute of Management and Research
MBA
900
CMAT
₹1.59 L
₹5.75 LPA
₹32 LPA
Jaipuria Institute of Management
MBA
CAT, MAT, NMAT, CMAT
₹12.75 L
₹9 LPA
₹36.60 LPA
Amity University, Gwalior
MBA
CAT, MAT, NMAT, CMAT
₹6.12 L - 10.72 L
₹5 LPA
₹34 LPA
ITM University, Gwalior
MBA
CAT, XAT, CMAT, ATMA
₹2.4 L - 6.12 L
300
₹45 LPA
₹6LPA