Looking for the top MBA/PGDM colleges in Indore in 2026? Indore has over 16+ mba/pgdm colleges. Top government institutes include Institute of Management Studies,Indore , and leading private universities are IPS Academy, Prestige College Indore, Shri Vaishnav Institute of Management, Idyllic Institute of Management, LBSITM . These colleges offer MBA/PGDM, BBA and other mba/pgdm programs. Admissions to these colleges are primarily conducted through exams such as CAT , XAT , NMAT , ATMA , CMAT .
When selecting the best mba/pgdm colleges in Indore, students should consider factors such as NIRF rankings, placement records, return on investment (ROI), location, faculty, and specializations. This guide highlights the top-ranked mba/pgdm colleges in Indore 2026 providing all key details on fees, placements, and entrance exams to help students make an informed choice.
Top MBA/PGDM Colleges in Indore 2026: Key Highlights
| Metric | Details |
| Total Colleges in Indore | 16+ |
| Top Exams Accepted | CAT , XAT , NMAT , ATMA , CMAT |
| Ownership | ~94% Private, ~6% Government |
| Top Recruiters | HDFC Bank, Axis Bank, Deloitte, ICICI, Kotak Mahindra Bank |
| Average Fees | ₹ 39.0 K - ₹ 16.25 L |
| Average Placement | ₹ 3.00 L - ₹ 12.20 L |
Top MBA/PGDM Colleges in Indore by Rankings 2026
The NIRF 2025 is the most trusted ranking for mba/pgdm colleges in India, evaluating institutes on teaching, research, graduation outcomes, outreach, and perception. Below are the top 10 mba/pgdm colleges in Indore 2026 as per NIRF.
| College | 2025 | 2024 | 2023 |
| IIM Indore | 8 | 8 | 8 |
| Prestige College Indore | - | - | 101 |
Government vs Private MBA/PGDM Colleges in Indore 2026
MBA/PGDM aspirants in Indore 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 MBA/PGDM Colleges in Indore 2026
| College | Avg Annual Fees (Total) | Average Placement Package | Median Placement Package | Highest Placement Package |
| Institute of Management Studies,Indore | ₹ 1.98 L - ₹ 2.02 L | ₹ 6.20 L - ₹ 6.30 L | ₹ 6.20 L | ₹ 18.50 L - ₹ 1.13 Cr |
Top Private MBA/PGDM Colleges in Indore 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 | ₹ 21.80 L |
| Prestige College Indore | ₹ 1.59 L | CAT, XAT, CMAT | - | - | - |
| Shri Vaishnav Institute of Management | ₹ 1.20 L - ₹ 4.00 L | CMAT | ₹ 3.50 L | ₹ 3.50 L | ₹ 7.50 L |
| Idyllic Institute of Management | ₹ 3.18 L - ₹ 3.22 L | - | - | - | - |
| LBSITM | ₹ 70.0 K | ATMA, CMAT | ₹ 12.20 L | ₹ 12.20 L | - |
Top Trending Courses in MBA/PGDM 2026
MBA/PGDM in Indore offers a wide range of courses to match industry demand and student interest. The most popular fields include Post Graduate Diploma in Management , Master of Business Administration (MBA) (Part Time) , Post Graduate Program in Management (PGPM) . 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 |
| Post Graduate Diploma in Management | CH Institute of Management and Commerce (CHIMC) | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 9.0 K - ₹ 9.83 L | ₹ 2.80 L - ₹ 8.00 L |
| Master of Business Administration (MBA) (Part Time) | Shri Vaishnav Institute of Management | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 9.5 K - ₹ 16.02 L | ₹ 4.50 L - ₹ 7.80 L |
| Post Graduate Program in Management (PGPM) | - | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 49.9 K - ₹ 22.65 L | ₹ 5.20 L - ₹ 17.80 L |
| Masters of Business Administration (MBA) | Vindhya Institute of Management and Research | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 39.0 K - ₹ 8.10 L | ₹ 2.98 L - ₹ 9.25 L |
| Master of Business Administration(MBA) | - | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 44.4 K - ₹ 14.38 L | ₹ 4.30 L - ₹ 8.75 L |
| MBA in Aviation Management | - | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 1.80 L - ₹ 10.03 L | ₹ 4.80 L - ₹ 6.50 L |
| MBA in Entrepreneurship | - | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 40.0 K - ₹ 19.60 L | ₹ 5.20 L - ₹ 12.43 L |
| MBA in Retail Management | Symbiosis University of Applied Sciences | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 26.4 K - ₹ 16.25 L | ₹ 3.50 L - ₹ 12.43 L |
| Master of Business Administration | - | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 70.0 K - ₹ 6.00 L | ₹ 3.60 L - ₹ 8.32 L |
| MBA in Finance Management | - | CAT, XAT, NMAT, GMAT, MAH MBA CET | ₹ 5.3 K - ₹ 21.29 L | ₹ 4.60 L - ₹ 8.48 L |
Entrance Exams Accepted by Top MBA/PGDM Colleges in Indore 2026
Admission to the top MBA/PGDM colleges in Indore is primarily determined through national, institute-level, and state-level entrance exams.
| Exam | Top Accepting Colleges | Exam Date (2026) |
| CAT | Prestige College Indore, SIMS, Symbiosis University of Applied Sciences | - |
| XAT | Prestige College Indore, SIMS, Prestige University | 4 Jan 2026 |
| NMAT | Prestige University | - |
| CMAT | IPS Academy, Prestige College Indore, Shri Vaishnav Institute of Management | 25 Jan 2026 |
| ATMA | LBSITM, SIMS, CH Institute of Management and Commerce (CHIMC) | - |
| SNAP | Symbiosis University of Applied Sciences, CH Institute of Management and Commerce (CHIMC) | 14 Dec 2025 |
FAQ About MBA/PGDM Colleges in Indore 2026
Which is the No.1 mba/pgdm college in Indore?
According to NIRF 2026, the No.1 mba/pgdm college in Indore is Institute of Management Studies,Indore .
Which entrance exam is required for mba/pgdm?
For admission to top mba/pgdm colleges in Indore, students primarily need to appear for CAT , XAT , NMAT , ATMA and CMAT .
What is the average mba/pgdm fee in Indore?
The average fees range from ₹ 39.0 K - ₹ 16.25 L per year. Government colleges typically charge ₹ 1.98 L - ₹ 2.02 L per year, while private colleges may charge ₹ 2.30 L per year.
Which private mba/pgdm college has the best placements?
Among private institutions, IPS Academy and Prestige College Indore and Shri Vaishnav Institute of Management have the strongest placement records.