Top MBA Colleges in Madhya Pradesh 2026

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    ATMA 2026 May session registration is currently open for admission to MBA, MMS, and PGDM programmes. Candidates can submit the ATMA 2026 application form online through the official website at atmaaims.com until April 21, 2026. ATMA 2026 entrance exam for the May session is scheduled to take place on May 3, 2026.

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MBA stands for Master of Business Administration. It is a postgraduate degree program in business administration. The MBA degree originated in the United States in the early 20th century when the country industrialized and companies sought scientific approaches to management. You can also find the top MBA colleges in Madhya Pradesh in the below described gist. The core specialisations in an MBA program inlcudes many business areas such as marketing, finance, operations, statistics, human resources, accounting, and many others. Applicants who have acquired a graduation degree with 50% marks in aggregate can apply at the MBA colleges.

For admission to the top MBA colleges in Madhya Pradesh, students need to undergo state or national level management entrance examinations, like CAT, GMAT, CMAT, MAT, XAT, and more. MBA offers immense job opportunities to the candidates with an excellent package. An MBS degree holder can be hired as a financial analyst, product manager, marketing manager, sales manager, business analyst, and many others.

Best MBA Colleges in Madhya Pradesh 

Check out the list of the best MBA colleges in Madhya Pradesh:

Ranking

Name of the College

MBA Total Tuition Fees (INR)

1

Indian Institute of Management, [IIM] Indore

88,500

2

Prestige Institute of Management, [PIMG] Gwalior

2,18,000

3

Indore Professional Studies Academy, [IPSA] Indore

1,10,000

4

Peoples Institute of Management & Research, [PIMR] Bhopal

1,37,000

5

Ch Institute of Management & Commerce, [CHIMC] Indore

1,14,000

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Showing 202 Colleges

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IIITM Gwalior

Gwalior, Madhya Pradesh Public 3.9

IIITM Gwalior is very popular for MBA in Gwalior, Madhya Pradesh. MBA at IIITM Gwalior is a Masters program offered in multiple specializations for a duration of 2 Years. IIITM Gwalior MBA fees is ₹2 L - ₹3 L.

Courses Offered

4 Courses

Exam Accepted

CAT

Tuition Fees Range

₹1.36 L-4.69 L

Accreditation

-/-

Govindram Seksaria Institute of Management and Research is very popular for MBA in Indore, Madhya Pradesh. MBA at Govindram Seksaria Institute of Management and Research is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

1 Courses

Exam Accepted

-/-

Tuition Fees Range

-/-

Accreditation

-/-

Amity University, Gwalior

Gwalior, Madhya Pradesh Private 4.4

Amity University, Gwalior is very popular for MBA in Gwalior, Madhya Pradesh. MBA at Amity University, Gwalior is a Masters program offered in multiple specializations for a duration of 2 Years. Amity University, Gwalior MBA fees is ₹5 L.

Courses Offered

25 Courses

Exam Accepted

CAT

Tuition Fees Range

₹30 K-6.44 L

Accreditation

NAAC-A , NIRF

Prestige Institute of Management Dewas

Dewas, Madhya Pradesh Private 3

Prestige Institute of Management Dewas is very popular for MBA in Dewas, Madhya Pradesh. MBA at Prestige Institute of Management Dewas is a Masters program offered in multiple specializations for a duration of 2 Years. Prestige Institute of Management Dewas MBA fees is ₹1 L - ₹2 L.

Courses Offered

5 Courses

Exam Accepted

-/-

Tuition Fees Range

₹93 K-1.60 L

Accreditation

-/-

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IES College of Technology

Bhopal, Madhya Pradesh Private 2.8

IES College of Technology is very popular for MBA in Bhopal, Madhya Pradesh. MBA at IES College of Technology is a Masters program offered in multiple specializations for a duration of 2 Years. IES College of Technology MBA fees is ₹1 L - ₹2 L.

Courses Offered

4 Courses

Exam Accepted

-/-

Tuition Fees Range

₹1 L-2.20 L

Accreditation

-/-

Medicaps University

Indore, Madhya Pradesh 4.2

Medicaps University is very popular for MBA in Indore, Madhya Pradesh. MBA at Medicaps University is a Masters program offered in multiple specializations for a duration of 2 Years. Medicaps University MBA fees is ₹3 L - ₹5 L.

Courses Offered

17 Courses

Exam Accepted

-/-

Tuition Fees Range

₹80 K-10.70 L

Accreditation

AICTE

Acropolis Faculty of Management and Research

Indore, Madhya Pradesh Private 3.1

Acropolis Faculty of Management and Research is very popular for MBA in Indore, Madhya Pradesh. MBA at Acropolis Faculty of Management and Research is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

1 Courses

Exam Accepted

CMAT

Tuition Fees Range

-/-

Accreditation

-/-

Shri Vaishnav Institute of Management

Indore, Madhya Pradesh Private 3.4

Shri Vaishnav Institute of Management is very popular for MBA in Indore, Madhya Pradesh. MBA at Shri Vaishnav Institute of Management is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

6 Courses

Exam Accepted

-/-

Tuition Fees Range

-/-

Accreditation

NAAC-A

Vidyasagar Institute of Management

Bhopal, Madhya Pradesh Private

Vidyasagar Institute of Management is very popular for MBA in Bhopal, Madhya Pradesh. MBA at Vidyasagar Institute of Management is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

2 Courses

Exam Accepted

-/-

Tuition Fees Range

-/-

Accreditation

-/-

Sagar Institute of Research and Technology

Bhopal, Madhya Pradesh Private 3.3

Sagar Institute of Research and Technology is very popular for MBA in Bhopal, Madhya Pradesh. MBA at Sagar Institute of Research and Technology is a Masters program offered in multiple specializations for a duration of 2 Years. Sagar Institute of Research and Technology MBA fees is ₹1 L - ₹2 L.

Courses Offered

6 Courses

Exam Accepted

CMAT , GATE

Tuition Fees Range

₹1.02 L-3.04 L

Accreditation

NBA

Lal Bahadur Shastri Institute of Technology and Management is very popular for MBA in Indore, Madhya Pradesh. MBA at Lal Bahadur Shastri Institute of Technology and Management is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

4 Courses

Exam Accepted

-/-

Tuition Fees Range

-/-

Accreditation

-/-

ITM University Gwalior

Gwalior, Madhya Pradesh Private 4.0

ITM University Gwalior is very popular for MBA in Gwalior, Madhya Pradesh. MBA at ITM University Gwalior is a Masters program offered in multiple specializations for a duration of 2 Years. ITM University Gwalior MBA fees is ₹5 L.

Courses Offered

30 Courses

Exam Accepted

ATMA , GATE

Tuition Fees Range

₹50 K-24 L

Accreditation

NAAC , COA
+1 ICAR

AKS University

Satna, Madhya Pradesh Private 3.0

AKS University is very popular for MBA in Satna, Madhya Pradesh. MBA at AKS University is a Masters program offered in multiple specializations for a duration of 2 Years. AKS University MBA fees is ₹1 L.

Courses Offered

24 Courses

Exam Accepted

-/-

Tuition Fees Range

₹25 K-1.60 L

Accreditation

ICAR

G H Raisoni University, Saikheda

Chhindwara, Madhya Pradesh Private

G H Raisoni University, Saikheda is very popular for MBA in Chhindwara, Madhya Pradesh. MBA at G H Raisoni University, Saikheda is a Masters program offered in multiple specializations for a duration of 2 Years. G H Raisoni University, Saikheda MBA fees is ₹2 L - ₹3 L.

Courses Offered

22 Courses

Exam Accepted

-/-

Tuition Fees Range

₹78 K-5 L

Accreditation

-/-

SAGE University Bhopal

Bhopal, Madhya Pradesh Private 3.5

SAGE University Bhopal is very popular for MBA in Bhopal, Madhya Pradesh. MBA at SAGE University Bhopal is a Masters program offered in multiple specializations for a duration of 2 Years. SAGE University Bhopal MBA fees is ₹2 L - ₹3 L.

Courses Offered

20 Courses

Exam Accepted

-/-

Tuition Fees Range

₹70 K-2.93 L

Accreditation

-/-

IPS Group of Colleges

Gwalior, Madhya Pradesh Private 3.4

IPS Group of Colleges is very popular for MBA in Gwalior, Madhya Pradesh. MBA at IPS Group of Colleges is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

3 Courses

Exam Accepted

CMAT , JEE Main

Tuition Fees Range

-/-

Accreditation

-/-

Acropolis Institute of Technology and Research is very popular for MBA in Indore, Madhya Pradesh. MBA at Acropolis Institute of Technology and Research is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

6 Courses

Exam Accepted

-/-

Tuition Fees Range

-/-

Accreditation

-/-

Thadomal Shahani Centre for Management, Mulund East, Mumbai is very popular for MBA in Sidhi, Madhya Pradesh. MBA at Thadomal Shahani Centre for Management, Mulund East, Mumbai is a Masters program offered in multiple specializations for a duration of 2 Years. Thadomal Shahani Centre for Management, Mulund East, Mumbai MBA fees is ₹5 L.

Courses Offered

2 Courses

Exam Accepted

CAT , CMAT

+1 MAT

Tuition Fees Range

₹5.50 L-8.50 L

Accreditation

-/-

Prestige Institute of Management and Research (UG & PG Campus) is very popular for MBA in Indore, Madhya Pradesh. MBA at Prestige Institute of Management and Research (UG & PG Campus) is a Masters program offered in multiple specializations for a duration of 2 Years. Prestige Institute of Management and Research (UG & PG Campus) MBA fees is ₹3 L - ₹5 L.

Courses Offered

9 Courses

Exam Accepted

CMAT

Tuition Fees Range

₹90 K-4.05 L

Accreditation

NBA , NAAC-A

DAVV Indore

Indore, Madhya Pradesh Public 3.7

DAVV Indore is very popular for MBA in Indore, Madhya Pradesh. MBA at DAVV Indore is a Masters program offered in multiple specializations for a duration of 2 Years. DAVV Indore MBA fees is ₹1 L.

Courses Offered

27 Courses

Exam Accepted

-/-

Tuition Fees Range

₹10 K-6 L

Accreditation

NAAC-A

Jiwaji University

Gwalior, Madhya Pradesh Public 3.4

Jiwaji University is very popular for MBA in Gwalior, Madhya Pradesh. MBA at Jiwaji University is a Masters program offered in multiple specializations for a duration of 2 Years. Jiwaji University MBA fees is ₹1 L.

Courses Offered

25 Courses

Exam Accepted

-/-

Tuition Fees Range

₹4 K-2.40 L

Accreditation

NAAC

RDVV Jabalpur

Jabalpur, Madhya Pradesh Public 1.7

RDVV Jabalpur is very popular for MBA in Jabalpur, Madhya Pradesh. MBA at RDVV Jabalpur is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

22 Courses

Exam Accepted

-/-

Tuition Fees Range

-/-

Accreditation

NAAC-B

Bhoj University

Bhopal, Madhya Pradesh Public 3

Bhoj University is very popular for MBA in Bhopal, Madhya Pradesh. MBA at Bhoj University is a Masters program offered in multiple specializations for a duration of 2 Years. Bhoj University MBA fees is ₹1 L.

Courses Offered

17 Courses

Exam Accepted

-/-

Tuition Fees Range

₹6 K-1.44 L

Accreditation

-/-

MCU Bhopal

Bhopal, Madhya Pradesh Public 2.3

MCU Bhopal is very popular for MBA in Bhopal, Madhya Pradesh. MBA at MCU Bhopal is a Masters program offered in multiple specializations for a duration of 2 Years. MCU Bhopal MBA fees is ₹1 L.

Courses Offered

12 Courses

Exam Accepted

-/-

Tuition Fees Range

₹40 K-1.01 L

Accreditation

-/-

SISTEC - Sagar Institute of Science & Technology is very popular for MBA in Bhopal, Madhya Pradesh. MBA at SISTEC - Sagar Institute of Science & Technology is a Masters program offered in multiple specializations for a duration of 2 Years. SISTEC - Sagar Institute of Science & Technology MBA fees is ₹1 L - ₹2 L.

Courses Offered

3 Courses

Exam Accepted

JEE Main

Tuition Fees Range

₹1.48 L-3.09 L

Accreditation

-/-

Jai Narain college of Technology (JNCT)

Bhopal, Madhya Pradesh Private 3.3

Jai Narain college of Technology (JNCT) is very popular for MBA in Bhopal, Madhya Pradesh. MBA at Jai Narain college of Technology (JNCT) is a Masters program offered in multiple specializations for a duration of 2 Years. Jai Narain college of Technology (JNCT) MBA fees is ₹1 L - ₹2 L.

Courses Offered

5 Courses

Exam Accepted

-/-

Tuition Fees Range

₹1.10 L-2.20 L

Accreditation

-/-

Vikram University

Ujjain, Madhya Pradesh Public 2.4

Vikram University is very popular for MBA in Ujjain, Madhya Pradesh. MBA at Vikram University is a Masters program offered in multiple specializations for a duration of 2 Years.

Courses Offered

19 Courses

Exam Accepted

-/-

Tuition Fees Range

₹9 K-1.40 L

Accreditation

-/-

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