Top MBA Colleges in Madhya Pradesh
INTRODUCTION
An MBA remains one of the most popular career paths for graduates, offering skill development, leadership training, and excellent career opportunities. Madhya Pradesh has steadily gained recognition as a hub for management education, with both reputed government institutes and dynamic private B-schools making their mark.
MBA colleges in MP are known for academic excellence, affordable fee structures, and improving placement records. They offer diverse specializations such as Finance, Marketing, HR, Operations, and Business Analytics, enabling students to align their learning with career goals.
With a growing educational ecosystem and strong industry connect, MP has become a preferred destination for MBA aspirants. In this article, we’ll highlight the top 10 MBA colleges in Madhya Pradesh, covering their programs, facilities, and placement opportunities to help you choose the right institute for your management journey.
NIRF RANKING
The NIRF (National Institutional Ranking Framework) ranking plays an important role while selecting your ideal college in India and it can be the first among the various parameters to judge a college. here is a list of top 10 mba colleges in madhya pradesh,
| Name of College | IIRF Ranking | NIRF Ranking |
|---|---|---|
| Indian Institute of Forest Management | 43rd | - |
| Indian Institute of Management, Indore (IIM–Indore) | 9th | 8th |
| Atal Bihari Vajpayee Indian Institute of Information Technology and Management Gwalior | - | 85th |
| SAGE University Indore | - | - |
| Symbiosis University of Applied Sciences | 83rd | - |
| Prestige Institute of Management and Research (PIMR), Indore | 52nd | - |
| LNCT University, School of Management – Bhopal | - | - |
| Jaipuria Institute of Management – Indore | - | 101-125 |
| Oriental College of Management (OCM) – Bhopal | - | - |
| ITM University, Gwalior – School of Business – Gwalior | 32nd | 101-150 |
Source: https://www.nirfindia.org/Rankings/2024/ManagementRanking.html
MBA entrance exam accepted by Top MBA colleges in MP
Here's a list of MBA entrance exams accepted by top colleges in Madhya Pradesh, helping you identify the right exam to crack for your dream B-school.
| Name of College | MBA entrance exam accepted |
|---|---|
| Indian Institute of Forest Management | CAT,XAT,MAT,CMAT, and GMAT |
| Indian Institute of Management, Indore (IIT-Indore) | IPMAT,GRE,GMAT, and CAT |
| Atal Bihari Vajpayee Indian Institute of Information Technology and Management Gwalior | CAT |
| SAGE University, Indore | CAT/MAT/XAT/CMAT |
| Symbiosis University of Applied Sciences | CAT, MAT, XAT, CMAT, and SNAP |
| LNCT University, School of Management – Bhopal | CMAT |
| Jaipuria Institute of Management – Indore | CAT/XAT/CMAT/MAT |
| Oriental College of Management (OCM) – Bhopal | CMAT |
PLACEMENTS
The following table presents the highest and average salary packages secured by students from various companies at the respective colleges. It offers a useful perspective on the value and financial outcomes each institute potentially provides.
| Name of College | Highest Package | Averages Package |
|---|---|---|
| Indian Institute of Forest Management | INR 20.50 LPA | INR 10.38 LPA |
| Indian Institute of Management, Indore (IIM–Indore) | INR 1 Crore PA | INR 25.68 LPA |
| Atal Bihari Vajpayee Indian Institute of Information Technology and Management Gwalior | INR 11.5 LPA | INR 6 LPA |
| SAGE University, Indore | INR 30 LPA | INR 5.10 LPA |
| Symbiosis University of Applied Sciences | INR 24 LPA | INR 6-8 LPA |
| LNCT University, School of Management – Bhopal | INR 1.12 CPA | INR 16.29 LPA |
| Jaipuria Institute of Management – Indore | INR 36.6 LPA | INR 8.95 LPA |
| Oriental College of Management (OCM) – Bhopal | INR 12 LPA | INR 2.25 LPA |
COURSES/SPECIALIZATIONS OFFERED
Top MBA colleges in Madhya Pradesh offer a wide range of specializations to match diverse career goals. From Finance, Marketing, and Human Resources to trending fields like Business Analytics, Sustainability, and IT Management, students can choose programs that align with their interests and industry demands.
| Name of College | Course/Specialization Offered |
|---|---|
| Indian Institute of Forest Management | Forestry Management, Sustainability Management, Sustainable Development, and Development and Sustainable Finance. |
| Indian Institute of Management, Indore (IIM–Indore) | Finance & Accounting, Marketing, Operations Management & Quantitative Techniques, Organizational Behaviour & Human Resources, Strategic Management, Economics, Communication, and Humanities & Social Sciences |
| Atal Bihari Vajpayee Indian Institute of Information Technology and Management Gwalior | Finance, Marketing, Human Resource Management, Business Analytics, and IT and Systems |
| SAGE University, Indore | Agri Business Management, Hospital Administration, IT (Business Analytics), Entrepreneurship, Banking & Finance, and Aviation |
| Symbiosis University of Applied Sciences | Banking, Financial Services & Insurance (BFSI), Marketing, and Media Management |
| LNCT University, School of Management – Bhopal | Finance, Marketing, Human Resources, Retail Management, and Financial Management |
| Jaipuria Institute of Management – Indore | Marketing, Human Resources, Finance, Operations Management, Business Analytics, and also includes areas like Retail Management, Services Marketing, and Family Business & Entrepreneurship |
| Oriental College of Management (OCM) – Bhopal | Finance, Marketing, Human Resource Management, and Information Technology. |
COURSE FEE
When selecting the right MBA college—particularly among the top institutes in Madhya Pradesh—the course fee becomes a key factor. It impacts your financial planning and allows you to assess the true worth and ROI of each institution.
| Name of College | Course Fees |
|---|---|
| Indian Institute of Forest Management | 11.80 Lakhs |
| Indian Institute of Management, Indore (IIM–Indore) | 21.17 Lakhs |
| Atal Bihari Vajpayee Indian Institute of Information Technology and Management Gwalior | 3.2 Lakhs |
| SAGE University, Indore | INR 1.5 Lakhs to INR 10 Lakhs |
| Symbiosis University of Applied Sciences | INR 16.25 Lakhs |
| LNCT University, School of Management – Bhopal | INR 2.10 Lakhs to INR 2.52 Lakhs |
| Jaipuria Institute of Management – Indore | INR 12.75 Lakh |
| Oriental College of Management (OCM) – Bhopal | INR 2 Lakhs |
F.A.Q
What are the top 10 mba colleges in India?
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, FMS Delhi, XLRI Jamshedpur, IIM Lucknow, SPJIMR Mumbai, and IIT Delhi's DMS
Which university is best for MBA in MP?
The Best University for MBA is considered to be IIM Indore.
Which MBA is highest in demand?
The MBA with highest Demand are Finance, Marketing, Human Resources, Operations Management, and Business Analytics.
Name some Mba top colleges in Bhopal?
Indian Institute of Forest Management (IIFM), Jagran Lakecity University (JLU), LNCT University, and IES University.
Does Bhopal have good MBA colleges in MP?
Yes, Bhopal has a few Good Colleges for MBA.