Looking for the top Management colleges in Madhya Pradesh in 2026? Madhya Pradesh has over 60+ management colleges. Top government institutes include IIM Indore, IIFM Bhopal, BSSS, Institute of Management Studies,Indore, ABVHV , and leading private universities are IPS Academy, Prestige College Indore, JLU Bhopal, Shri Vaishnav Institute of Management, Sushila Devi Bansal College of Engineering . These colleges offer Master of Business Administration, BBA and other management programs. Admissions to these colleges are primarily conducted through exams such as CAT , XAT , NMAT , GMAT , ATMA .
When selecting the best management colleges in Madhya Pradesh, students should consider factors such as NIRF rankings, placement records, return on investment (ROI), location, faculty, and specializations. This guide highlights the top-ranked management colleges in Madhya Pradesh 2026 providing all key details on fees, placements, and entrance exams to help students make an informed choice.
Top Management Colleges in Madhya Pradesh 2026: Key Highlights
| Metric | Details |
| Total Colleges in Madhya Pradesh | 60+ |
| Top Exams Accepted | CAT , XAT , NMAT , GMAT , ATMA |
| Ownership | ~86% Private, ~14% Government |
| Top Recruiters | HDFC Bank, Infosys, TCS, Axis Bank, Wipro |
| Average Fees | ₹ 22.6 K - ₹ 1.76 Cr |
| Average Placement | ₹ 2.50 L - ₹ 29.60 L |
Top Management Colleges in Madhya Pradesh by Rankings 2026
The NIRF 2025 is the most trusted ranking for management colleges in India, evaluating institutes on teaching, research, graduation outcomes, outreach, and perception. Below are the top 10 management colleges in Madhya Pradesh 2026 as per NIRF.
| College | 2025 | 2024 | 2023 |
| IIM Indore | 8 | 8 | 8 |
| Prestige College Indore | - | - | 101 |
Government vs Private Management Colleges in Madhya Pradesh 2026
Management aspirants in Madhya Pradesh can choose between government-funded institutes known for their affordability and high ROI, and private universities that offer modern infrastructure, global exposure, and multiple entrance options. The comparison below will help you determine which path best aligns with your academic and career goals.
Top Government Management Colleges in Madhya Pradesh 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| IIM Indore | ₹ 85.0 K - ₹ 1.76 Cr | CAT, GMAT | ₹ 25.00 L - ₹ 29.60 L | ₹ 26.30 L - ₹ 28.50 L | ₹ 40.00 L - ₹ 70.00 L |
| IIFM Bhopal | ₹ 2.40 L - ₹ 11.80 L | CAT, XAT, CMAT | ₹ 9.70 L - ₹ 10.40 L | ₹ 9.90 L - ₹ 10.10 L | ₹ 18.50 L - ₹ 20.50 L |
| BSSS | ₹ 1.48 L | - | - | - | - |
| Institute of Management Studies,Indore | ₹ 1.49 L - ₹ 2.02 L | - | ₹ 6.20 L - ₹ 6.30 L | ₹ 6.20 L | ₹ 18.50 L - ₹ 1.13 Cr |
| ABVHV | ₹ 27.8 K | - | - | - | - |
Top Private Management Colleges in Madhya Pradesh 2026
| College | Avg Annual Fees (Total) | Entrance Exams | Average Placement Package | Median Placement Package | Highest Placement Package |
| IPS Academy | ₹ 2.30 L | CMAT | ₹ 7.40 L | ₹ 7.40 L | ₹ 10.00 L - ₹ 21.80 L |
| Prestige College Indore | ₹ 1.59 L | CAT, XAT, CMAT | - | - | - |
| JLU Bhopal | ₹ 5.90 L - ₹ 8.55 L | - | - | - | - |
| Shri Vaishnav Institute of Management | ₹ 1.20 L - ₹ 5.16 L | CMAT | ₹ 3.50 L | ₹ 3.50 L | ₹ 7.50 L |
| Sushila Devi Bansal College of Engineering | ₹ 39.0 K | CMAT | - | - | - |
Top Trending Courses in Management 2026
Management in Madhya Pradesh offers a wide range of courses to match industry demand and student interest. The most popular fields include Master of Business Administration (MBA) , Bachelor of Business Administration(BBA) , MBA in Finance . The table below highlights the top courses, their leading colleges, entrance exams, average fees, and placement packages.
| Course | Top Colleges | Entrance Exams | Average Fees (Total) | Average Package |
| Master of Business Administration (MBA) | IPS Academy, BSSS, Prestige College Indore, Shri Vaishnav Institute of Management, Institute of Management Studies,Indore | CAT, XAT, NMAT, GMAT, SNAP | ₹ 5.3 K - ₹ 27.00 L | ₹ 2.00 L - ₹ 34.23 L |
| Bachelor of Business Administration(BBA) | BSSS, Shri Vaishnav Institute of Management, Idyllic Institute of Management, Sant Hirdaram Institute of Management, IMI | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 4.3 K - ₹ 19.50 L | ₹ 1.50 L - ₹ 14.00 L |
| MBA in Finance | IMI, Malwa Institute of Technology, Nagaji Institute of Technology and Management | CAT, XAT, NMAT, GMAT, SNAP | ₹ 40.0 K - ₹ 19.60 L | ₹ 3.50 L - ₹ 17.10 L |
| MBA in Marketing | IMI, Nagaji Institute of Technology and Management, Indra Institute of Management Studies | CAT, XAT, NMAT, GMAT, SNAP | ₹ 40.0 K - ₹ 21.52 L | ₹ 3.50 L - ₹ 13.35 L |
| MBA in Business Analytics | GSIMR, LBSITM, SAGE University, Bhopal powered by Seekho | CAT, XAT, NMAT, GMAT, SNAP | ₹ 54.0 K - ₹ 28.13 L | ₹ 4.50 L - ₹ 27.28 L |
| Post Graduate Diploma in Management (PGDM) | Prestige College Indore, LBSITM, SIMS, Pioneer Institute of Professional Studies, Jaipuria Institute of Management Indore | CAT, XAT, NMAT, GMAT, KMAT Karnataka | ₹ 13.0 K - ₹ 28.00 L | ₹ 1.50 L - ₹ 21.00 L |
| MBA in Human Resource Management | GSIMR, LBSITM, Jai Narain college of Technology (JNCT), Nagaji Institute of Technology and Management | CAT, XAT, NMAT, GMAT, SNAP | ₹ 18.1 K - ₹ 25.30 L | ₹ 3.50 L - ₹ 12.43 L |
| bachelor-of-business-administration-bba | IPS Academy, IIMR Indore, ABVHV, IPER Bhopal, GSB | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 27.8 K - ₹ 5.00 L | ₹ 2.61 L - ₹ 2.70 L |
| MBA in Marketing Management | IPS Academy, Prestige College Indore, Shri Vaishnav Institute of Management, GSIMR, Institute of Management Studies,Indore | CAT, XAT, NMAT, GMAT, SNAP | ₹ 18.1 K - ₹ 14.38 L | ₹ 3.50 L - ₹ 12.24 L |
| Bachelor of Business Administration | Shri Vaishnav Institute of Management, Vidyasagar Institute of Management, Jain College, CH Institute of Management and Commerce (CHIMC), RDVV Jabalpur | CAT, XAT, SNAP, MAH MBA CET, SET Exam | ₹ 4.3 K - ₹ 5.84 L | ₹ 3.50 L - ₹ 9.00 L |
Entrance Exams Accepted by Top Management Colleges in Madhya Pradesh 2026
Admission to the top Management colleges in Madhya Pradesh is primarily determined through national, institute-level, and state-level entrance exams.
| Exam | Top Accepting Colleges | Exam Date (2026) |
| CAT | IIM Indore, IIFM Bhopal, Prestige College Indore | - |
| XAT | IIFM Bhopal, Prestige College Indore, BSSS IAS | 4 Jan 2026 |
| NMAT | BSSS IAS, Prestige University | - |
| GMAT | IIM Indore, BSSS IAS | - |
| CMAT | IPS Academy, IIFM Bhopal, Prestige College Indore | 25 Jan 2026 |
| ATMA | BSSS IAS, LBSITM, SIMS | - |
| SNAP | BSSS IAS, Symbiosis University of Applied Sciences, CH Institute of Management and Commerce (CHIMC) | 14 Dec 2025 |
State-wise & City-wise Top Management Colleges in Madhya Pradesh 2026
Management education in Madhya Pradesh varies by state and city, with some regions offering better institutions, private universities, and placement opportunities. Use the list below to explore the top Management colleges by state and city.
Top Cities for Management Colleges in Madhya Pradesh 2026
Top Management Colleges in Indore
| College | Ownership | Entrance Exams |
| GSIMR | Other | CMAT |
| IPS Academy | Private | CMAT |
| Prestige College Indore | Private | CAT, XAT, CMAT |
| IIM Indore | Autonomous Institute | CAT, GMAT |
| Shri Vaishnav Institute of Management | Private | CMAT |
Top Management Colleges in Bhopal
| College | Ownership | Entrance Exams |
| IIFM Bhopal | Public/Government | CAT, XAT, CMAT |
| Mittal Institute Of Technology | Private | CMAT |
| BSSS IAS | Private Institute | CAT, XAT, NMAT |
| JLU Bhopal | Private | - |
| BSSS | Public/Government | - |
Top Management Colleges in Gwalior
| College | Ownership | Entrance Exams |
| Jain College | Private | CMAT |
| Nagaji Institute of Technology and Management | Private | CMAT |
| School of Distance Education | Public/Government | - |
| DIGI | Private | CMAT |
Top Management Colleges in Madhya Pradesh - Other
| College | Ownership | Entrance Exams |
| AKS University | Private | - |
| RDVV Jabalpur | Public/Government | CAT, CMAT |
Top Management Colleges in Jabalpur
| College | Ownership | Entrance Exams |
| Shri Ram Institute of Management | Public-Private | CMAT |
FAQ About Management Colleges in Madhya Pradesh 2026
Which is the No.1 management college in Madhya Pradesh?
According to NIRF 2026, the No.1 management college in Madhya Pradesh is IIM Indore , followed by IIFM Bhopal and BSSS .
Which entrance exam is required for management ?
For admission to top management colleges in Madhya Pradesh, students primarily need to appear for CAT , XAT , NMAT , GMAT and ATMA .
What is the average management fee in Madhya Pradesh?
The average fees range from ₹ 22.6 K - ₹ 1.76 Cr per year. Government colleges typically charge ₹ 85.0 K - ₹ 1.76 Cr per year, while private colleges may charge ₹ 2.30 L per year.
Which private management college has the best placements?
Among private institutions, IPS Academy and Prestige College Indore and JLU Bhopal have the strongest placement records.