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Madhya Pradesh, India

Best MBA Colleges in Madhya Pradesh

2 MBA colleges in Madhya Pradesh, listed by NIRF rank. They are spread across 2 cities, including Indore and Gwalior. Total fees run from ₹4.2 L to ₹25.15 L. Admission is through CAT, CMAT, GMAT, MAT and ATMA. Every figure carries its source and year on the college’s page. Check with the college before you apply.

2 MBA colleges in Madhya Pradesh

  1. NIRF #8 · 2025Aptitude360 score 6.4/10
    Government
    • AACSB
    • AMBA
    • EQUIS

    Post Graduate Programme in Management (PGP) · 2 Years

    Headline programme · 1 of 2

    Total fee
    ₹25.15 L
    Avg CTC 2025
    ₹25.6 LPAaveraged across programmes

    Est. call cutoff CAT 95 %ile

    Accepts CAT

    100% placed
  2. NIRF #93 · 2025Aptitude360 score 5.9/10
    Government

    ABV-IIITM Gwalior

    Gwalior, Madhya Pradesh

    • AICTE
    • NBA

    Master of Business Administration (MBA) · 2 Years

    Total fee
    ₹4.2 L
    Avg CTC 2025
    ₹11.5 LPA

    Accepts CAT, CMAT, GMAT, MAT +3 more

    96% placed

MBA colleges in Madhya Pradesh: questions answered

Answered from the figures in our college directory.

Which are the best MBA colleges in Madhya Pradesh?
Indian Institute of Management Indore and ABV-IIITM Gwalior. They are listed by NIRF rank, with unranked colleges after the ranked ones.
How many MBA colleges are there in Madhya Pradesh?
Aptitude360's college directory lists 2 MBA colleges in Madhya Pradesh: 2 government.
Which cities in Madhya Pradesh have MBA colleges?
Gwalior (1) and Indore (1).
What is the fee for an MBA in Madhya Pradesh?
Total programme fees range from ₹4.2 L at ABV-IIITM Gwalior to ₹25.15 L at Indian Institute of Management Indore. The figure is the headline programme’s fee for its latest published year; check with the college, as fees change every year.
Which entrance exams do MBA colleges in Madhya Pradesh accept?
CAT (2 colleges), ATMA (1 college), CMAT (1 college), CUET-PG (1 college), GMAT (1 college) and GRE (1 college).
Which MBA college in Madhya Pradesh has the highest average package?
Indian Institute of Management Indore, with an average CTC of ₹25.6 LPA for the 2025 batch.
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