Top MBA Colleges in Indore

Top MBA Colleges in Indore

Top MBA Colleges in Indore
Ashma Shrestha

The MBA, or Master of Business Administration, is a postgraduate degree program in business administration. Four semesters make up the two-year MBA program.

Top MBA schools in Indore provide a wide range of specialties, including those in business analytics, operations, human resources, international business, retail management, finance, and marketing.

Candidates must hold a graduate degree with a minimum cumulative grade point average of 50% to be considered for admission to MBA programs in Top MBA Colleges in Indore.

Top MBA colleges in Indore use CAT, MAT, OJEE, SMAT, GMAT, ATMA, and other national or state-level management entrance exams to determine admission. There are various employment opportunities available to MBA candidates in the corporate sector.

IIM Indore, PIMR, Institute of Business Management & Research, and more institutions are among the top MBA schools in Indore. 

87 of India's best and most prominent MBA colleges are located in Indore, the educational center of Madhya Pradesh. In Indore, there are 7 government MBA colleges and 79 private colleges.

The top MBA schools in Indore are AICTE-approved and provide programs with various MBA specializations, including finance, marketing, human resources, and information technology.

According to the colleges, the average annual tuition for MBA programs at the best MBA colleges in Indore can range from INR 50,000 to 30 Lakhs.

The top MBA programs in India provide rewarding career prospects with high salaries and impressive returns on investment. The CTC ranges from 18 to 30 LPA in India.

Read the article below for necessary details on the application process, prerequisites, fees, and placement at the Top MBA Colleges in Indore.

List of Top MBA Colleges in Indore: NIRF Ranking

More than 87 of India's top MBA colleges are located in Indore, which has also been dubbed the "cleanest city in India" and is known as the "Mini Mumbai of MP." The top 10 MBA schools in Indore are listed below:

College/ University Name 

Location

Indian Institute of Management - [IIM]

Indore, India

Prestige Institute of Management and Research - [PIMR]

Indore, India

Institute of Business Management & Research - [IBMR]

Indore, India

Prestige Institute of Engineering Management and Research - [PIEMR]

Indore, India

Shri Vaishnav Institute of Management - [SVIM]

Indore, India

CH Institute of Management & Commerce - [CHIMC]

Indore, India

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

Indore, India

Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV]

Indore, India

International Institute of Professional Studies - [IIPS]

Indore, India

BM College of Management and Research - [BMCMR]

Indore, India

Top MBA Colleges in Indore: Program and Course Duration

Here is a list of Top MBA colleges in Indore with program and course details:

College/ University Name 

Program

Course Duration

Indian Institute of Management - [IIM]

Master of Business Administration, MBA

2 years

Prestige Institute of Management and Research - [PIMR]

Master of Business Administration, MBA

2 years

Institute of Business Management & Research - [IBMR]

Master of Business Administration, MBA

2 years

Prestige Institute of Engineering Management and Research - [PIEMR]

Master of Business Administration, MBA

2 years

Shri Vaishnav Institute of Management - [SVIM]

Master of Business Administration, MBA

2 years

CH Institute of Management & Commerce - [CHIMC]

Master of Business Administration, MBA

2 years

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

Master of Business Administration, MBA

2 years

Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV]

Master of Business Administration, MBA

2 years

International Institute of Professional Studies - [IIPS]

Master of Business Administration, MBA

2 years

BM College of Management and Research - [BMCMR]

Master of Business Administration, MBA

2 years

Top MBA Colleges in Indore: Tuition Fees

Here is a list of Top MBA colleges in Indore with tuition fees details:

College/ University Name 

Average Annual Fees 

Indian Institute of Management - [IIM]

INR 8,50,711

Prestige Institute of Management and Research - [PIMR]

INR 1,19,500

Institute of Business Management & Research - [IBMR]

INR 1,15,000

Prestige Institute of Engineering Management and Research - [PIEMR]

INR 1,57,000

Shri Vaishnav Institute of Management - [SVIM]

INR 73,620

CH Institute of Management & Commerce - [CHIMC]

INR 58,000

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

INR 2,77,000

Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV]

INR 63,211

International Institute of Professional Studies - [IIPS]

INR 81,822

BM College of Management and Research - [BMCMR]

INR 55,000

Top MBA Colleges in Indore: Admission Process

To be qualified for top MBA enrolment in Indore, applicants must also meet academic requirements and meet age, nationality, and other requirements.

Students must complete all stages of the admissions procedure if the MBA selection process is based on the results of the MBA entrance test and GD, PI, etc. The majority of MBA schools in Indore have accepted results from national admissions exams, including the CAT, XAT, SNAP, MAT, NMAT, ATMA, and others.

Before applying to the Top MBA institutions in Indore, candidates should build a list because the admissions process varies from institution to institution.

Top MBA Colleges in Indore: Admission Requirements

Eligibility Criteria

Eligibility criteria for MBA programs in Indore differ depending on the institute. However, the following are the fundamental requirements:

  • Candidates must have completed their undergraduate studies or the equivalent at an accredited university or institute in any discipline.
  • Most universities adhere to the minimum score requirement for graduation, which is 50% or an equivalent CGPA. The required minimum score for students in the reserved category is 45% or an equal CGPA. However, there may be differences between colleges.
  • Students in their final year of high school can apply for MBA programs as long as they can demonstrate that they completed their degrees within the time limits set by the college.
  • A few colleges consider the student's performance on various entrance tests when determining who is eligible for admission.

Entrance Examinations

In India, the CAT is the most important MBA entrance exam. Many more MBA entrance exams are available only at certain institutions or states. 

The application deadlines for the MBA entrance tests offered by the Top MBA Colleges in Indore for the academic year 2022 are listed in the table below.

Entrance Exam Name

Registration Date

Exam Date

MAH CET

March 17, 2022 – May 11, 2022,

August 23, 24, and 25, 2022

ATMA

June 1, 2022 – July 17, 2022,

July 24, 2022,

CAT

August 3, 2022 – September 14, 2022,

November 27, 2022,

CMAT

February 16 – March 17, 2022,

April 9, 2022

GMAT

Anytime

Anytime

MAT

September 13, 2022 (IBT)

August 29, 2022 (PBT)

September 12, 2022 (CBT)

September 17, 2022 (IBT)

September 4, 2022 (PBT)

September 18, 2022 (CBT)

Top MBA Colleges in Indore: Syllabus of MBA

There are 2 years and four semesters in the MBA Syllabus. The MBA Syllabus aids students in finding employment by using standards established by the industry.

An MBA program's first and second semesters are mostly made up of theoretical and fundamental courses. The fourth semester calls for an internship.

The following are the primary and elective subjects offered at the top MBA colleges in Indore:

  • Technology and Operations Management
  • Finance
  • Accounting and Control
  • Organisational Behaviour
  • Business Economics
  • Accounting and Financial Management
  • Corporate Finance
  • Human Resource Management
  • Management of Change
  • Entrepreneurship and Family Enterprise
  • Decision Sciences
  • Economics and Political Science
  • Strategy
  • Marketing
  • Leadership and Entrepreneurship
  • Management Theory and Practice
  • Managing for Sustainability
  • Marketing Management
  • Research Methods
  • Strategic Management

Top MBA Colleges in Indore: Specialisations

Candidates interested in getting an MBA degree from Top MBA Colleges in Indore may wish to think about enrolling in one of the following MBA programs: Executive MBA/PGDM, MBA/PGDM, Distance MBA, Online MBA, Part-Time MBA, etc. 

In addition, candidates have the option of pursuing a standard MBA degree or even finishing an MBA program with a particular concentration 

The MBA degree is offered in a variety of specialties by top MBA colleges in Indore. Below is a list of some of the most well-known ones provided by top MBA colleges in Indore:

  • MBA in Human Resources
  • MBA in Finance
  • MBA in Business Analytics
  • MBA in International Business
  • MBA in Entrepreneurship
  • MBA in Sales & Marketing
  • MBA in Operations
  • MBA in IT & Systems, and so on.

Top MBA Colleges in Indore: Career and Job Scope

Candidates with an MBA usually land employment as team leads and department managers. The tasks of a manager frequently involve assigning work and responsibilities, planning, strategizing, carrying out, leading the team, coordinating with clients, collaborating with other departments, and reporting on projects to higher-ups.

MBA graduates are in great demand across almost all industries. As each firm grows, so does the demand for MBA graduates. Top MBA institutions in Indore are generally recognized as the best in the nation based on the campus placement prospects offered to graduates.

Job Positions

Following are some of the Job positions for the post-MBA career possibilities and their associated salaries:

Job Position

Average Annual Salary in INR

NGO Manager

5 LPA

Project Manager

13 LPA

Telecom Manager

7 LPA

Transport & Logistics Manager

6 LPA

Infrastructure Manager

11 LPA

Finance Manager

9.6 LPA

Marketing Manager

10 LPA

Sales Manager

10 LPA

Human Resources Manager

4 LPA

Operations Manager

7 LPA

Product Manager

15 LPA

Data Analytics Manager

14 LPA

Digital Marketing Manager

4.5 LPA

Advertising Sales Manager

8.5 LPA

Retail Manager

5 LPA

Supply Chain Manager

8 LPA

Public Policy Manager

7 LPA

International Business Manager

9 LPA

Risk Manager

10 LPA

Energy & Environment Manager

6 LPA

Import & Export Manager

6 LPA

IT & Systems Manager

7 LPA

Healthcare & Hospital Manager

4 LPA

Materials Manager

6 LPA

Top Recruiters

In the contemporary workplace, an MBA has a wide range of applications. All sectors of the economy and professions are in great need of MBA graduates. 

After completing a full-time MBA program, most universities place their graduates on campus to ensure a successful professional start.

People with MBAs have a variety of positions in both public and private organizations, large and small. 

The following is a list of the top companies that conduct campus placements for MBA graduates from Indore's Top MBA Colleges:

  • Microsoft
  • Flipcart
  • Tata
  • BCG
  • JP Morgan Chase & Co.
  • HSBC
  • PWC
  • Philips
  • McKinsey & Company
  • Avendus
  • Samsung
  • Mahindra
  • ITC
  • Reliance
  • Citibank
  • Deloitte
  • Vodafone
  • ICICI Bank
  • EXL
  • HDFC
  • Larsen & Tubro
  • Nestle, and so on.

The great value and prestige of the top MBA colleges in Indore make job changes easy for migrants to big businesses. It's simple to find internships at large firms. 

Students prize top-ranked MBA schools in Indore because they demonstrate that they offer the best amenities and cutting-edge infrastructure, including labs and other facilities.

Students will gain knowledge of international markets and become accustomed to their commercial activity. 

This career enhances several sophisticated abilities, including efficiently managing a workforce of individuals from different countries, ethnic groups, and religions. Employers choose Indore's top MBA program graduates above those from other countries.

You now know how an MBA from one of the Top MBA Colleges in Indore would assist you in boosting your career. You can take advantage of numerous technical and soft skill opportunities after getting an MBA. 

A wide range of professional choices is available with an MBA. You can plan and prepare your professional route based on your area of specialization.

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