Best Management Colleges in Madhya Pradesh for Business Management 2026

Updated on - Sep 22, 2025 10:55 PM IST

There are 12 colleges in Madhya Pradesh offering UG, PG, Diploma, Ph.D, Certificate programs in Business Management, Choose from 8 private and the rest government owned colleges for Business Management, with the fees ranging from INR 23,900 - INR 3,50,000. Admissions to top Business Management colleges are done via merit or entrance exams like MPBSE 10th, CBSE 12th, CBSE 10th, MPBSE 12th. Top Business Management colleges in Madhya Pradesh include IIM Indore, Rkdf University, SAGE University Indore, Rabindranath Tagore University (RNTU), Bhopal, Madhya Pradesh, ITM University Gwalior, Mansarovar Global University, ITRC Indore, INSTITUTE OF COMPUTER SCIENCE, VIKRAM UNIVERSITY UJJAIN, Indian School of Business Management & Administration (ISBM), Gwalior, R.C. Patel Arts Commerce And Science College.

Showing 12 Best Management Colleges in Madhya Pradesh for Business Management

IIM Indore

4.4
(14 Reviews)
Indore, Madhya Pradesh
Public
AMBA
...+3 AACSB , EQUIS , NAAC

1,29,000 - 22,12,000 Management
Get Fee Details
IPMAT Exams
...+1 CAT

IIM Indore specialties

Ranking : Top National Ranking - Ranked #8 Nationally by NIRF 2023. - Ranked #6 by Business Today 2023.
Region : Central India Advantage - Strategic location in emerging economic hub.
Fees : High Investment - Rs 21.17L (Total) for PGP.
ROI : Excellent Returns - Strong placements with high average packages.
Flagship Coures : Flagship Programs - Post Graduate Programme (PGP) in Management. - Integrated Programme in Management (IPM), unique 5-year course
Specialization : Diverse Specializations - Strong focus on Finance, Marketing, Strategy, Operations. - Electives in Analytics, BFSI, E-commerce, Operations & Strategy.
Placement Focus : Consulting & Finance Dominance - Highest offers from Consulting, BFSI, IT/Analytics sectors. - Significant roles in General Management, Sales & Marketing.
Top Industries : Leading Industry Recruiters - Consulting, BFSI, IT/Analytics, Manufacturing. - FMCG, Automotive, E-commerce, Healthcare.
Diversity : High Gender & Academic Diversity - 54% female in PGP 2025-27 batch. - 55% non-engineers in PGP batch.
Internship : Premium Internships - Internships at top firms like Bain & Company, BCG, KPMG. - Projects across Consulting, Finance, IT/Analytics, FMCG.
Partnerships/Exchange : Global Exchange Programs - Partnerships with Corvinus University, Robert Gordon University. - Extensive student exchange network with global B-schools.
Alumni : Influential Alumni Network - Hussain Haidry (Poet/Lyricist), Avinash Sethi (InfoBeans CFO). - Rajat Shikhar (DealShare Co-founder), Nitin Kaushal (Country Delight Co-founder).

Shortlisted by 1453+ students

Rkdf University

4.5
(8 Reviews)
Bhopal, Madhya Pradesh
Private Unaided
AICTE

12,000 - 1,00,000 Management
Get Fee Details
GPAT Exams
...+6 NIMCET , AILET , MPBSE 12th , CBSE 12th , CSIR NET , PAT

Rkdf University specialties

Ranking : Recognized National Standing - Ranked #245 in India Today Engineering (Private) 2024 - Ranked #59 in
Region : Central India Advantage - Located in Bhopal, a key educational hub - Proximity to Raja Bhoj Internat
Tier : Strong Regional Institution - NAAC 'B++' accredited university - Offers diverse UG, PG, Doctoral pro
Fees : Mid-Range Affordability - UG feesRs 10,000-17.1 L (Total) - PG feesRs 15,000-2 L (Total)
ROI : Good Return on Investment - Highest packageRs 10 LPA - Average packageRs 4.20 LPA
Flagship Course : Flagship Programs - Strong B.Tech/BE and MBA programs - Popular in Medical and Paramedical fields
Specialization : Diverse Specializations - Engineering (CSE, Mechanical, Electrical) - Pharmacy (B.Pharm, D.Pharm)
Placement Focus : Industry-Aligned Placements - Strong in IT, Finance, Consulting sectors - Recruiters like TCS, Deloi
Top Industries : Key Placement Sectors - Information Technology, Finance - Consulting, Pharmaceuticals, Manufacturing
Diversity : Inclusive Learning Environment - Supports students from diverse backgrounds - Financial assistance f
Internship : Practical Industry Exposure - Internship opportunities with diverse companies - Practical projects i
Partnerships/Exchange : Global & National Collaborations - MoUs with US, UK, China universities - Ties with NITTTR, CIAE, JB
Alumni : Active Alumni Network - Promotes alumni-student mentorship - Fosters loyalty and institutional welfa
Guest Lecturers : Industry Expert Insights - Regular guest faculty lectures - Corporate talks for practical exposure

Shortlisted by 1530+ students

SAGE University Indore

4.2
(194 Reviews)
Indore, Madhya Pradesh
Private
UGC
...+6 AICTE , BCI , PCI , NAAC , COA , National Assessment and Accreditation Council (NAAC)

55,000 - 5,00,000 Management
Get Fee Details
GATE Exams
...+6 JEE Main , NATA , SEE , UGC NET , MPBSE 12th , CBSE 12th

SAGE University Indore specialties

Rank : Recognized National & Regional - Ranked #48 India Today 2024 (Private University) - QS I-GAUGE 1st Diamond Rated (Central India Engineering)
Region : Central India Education Hub - Strategic location between Delhi and Mumbai - Proximity to growing industrial sectors
Fees : Mid-Range Investment - Rs 60,000-15 L (Total) across programs - B.Tech CSE: Rs 5.64 L (Total)
ROI : Good Return on Investment - Average package Rs 4.50 LPA (2023-24) - Highest package Rs 45 LPA (B.Tech)
Flagship Courses : Popular Tech & Management - B.Tech (CSE, AI, Data Science) - MBA (Business Analytics, Fintech)
Specialization : Cutting-Edge Tech Focus - B.Tech in AI/ML, Cyber Security, Blockchain - Industry-aligned programs with Microsoft, Google, Nvidia
Placement Focus : Strong Corporate Connections - Recruiters from IT, Consulting, E-commerce - Top companies like TCS, Infosys, Amazon, Deloitte
Top Industries : Diverse Industry Placements - Information Technology (TCS, Wipro, Infosys) - Consulting (Deloitte, EY, KPMG)
Internship : Industry-Integrated Internships - Internships at Amazon, Microsoft, Google - Projects in FMCG, Finance, Technology sectors
Partnerships/Exchange : Global & Industry Collaborations - Academic ties with US, Taiwan, UK universities - Industry MoUs with Huawei, Amazon AWS Educate, Harvard Business School Online

Shortlisted by 137499+ students

Popular Management colleges near you

JCC

Delhi, Delhi

Private

Shortlisted by 125090 students

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Jagannath University Jaipur

Jaipur, Rajasthan

Private

Shortlisted by 244079 students

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Jagannath University Bahadurgarh

Bahadurgarh, Haryana

Private UnAided

Shortlisted by 69009 students

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Shoolini University Solan

Solan, Himachal Pradesh

Private

Shortlisted by 12293 students

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Jaypee Institute of Information Technology Noida

Noida, Uttar Pradesh

Private

Shortlisted by 968 students

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VVIT

Guntur, Andhra Pradesh

Private UnAided

Shortlisted by 38502 students

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Rabindranath Tagore University (RNTU), Bhopal, Madhya Pradesh

4.4
(63 Reviews)
Bhopal, Madhya Pradesh
Local Body
UGC
...+5 AICTE , Bar Council of India , AIU , NCTE , INC

18,000 - 2,23,000 Management
Get Fee Details
CAT Exams
...+6 CBSE 10th , AJEE , LSAT , AILET , MAT , XAT

Rabindranath Tagore University specialties

Ranking : Nationally Ranked University - NIRF 2025: #151-200 (University) - NIRF 2025: #201-300 (Engineering)
Region : Central India Educational Hub - Strategic location in Bhopal, Madhya Pradesh - Emerging educational hub in Central India
Fees : Mid-Range Fee Structure - Rs 20,500 - 4.18L (Total)
ROI : Good Return on Investment - Highest package Rs 18LPA - Median UG Rs 4.20-4.80LPA
Flagship Course : Diverse Program Offerings - Flagship PhD programs - Popular Engineering, Management courses
Specialization : Skill-Based Education Focus - India's first skill-based university - Nine Centers of Excellence for research
Placement Focus : Robust Industry Placements - Strong connections with 600+ companies - Focus on IT, Banking, Consulting sectors
Top Industries : Key Recruiting Sectors - IT, Banking, Consulting - Manufacturing, Retail
Diversity : Vibrant Student Community - Students from 23 Indian states - International students from 5 countries
Internship : Guaranteed Internship Support - 100% internship assistance - Internships at HCL, Paytm, Axis Bank
Partnerships/Exchange : Extensive Global Collaborations - 15 international, 30 national partnerships - Collaborations with US, Nepal, Kenya universities
Alumni : Engaged Alumni Network - Active alumni association

Shortlisted by 85090+ students

ITM University Gwalior

4.4
(31 Reviews)
Gwalior, Madhya Pradesh
Private
UGC
...+7 AICTE , BCI , AIU , NCTE , INC , NAAC , COA

40,000 - 1,45,000 Management
Get Fee Details
NATA Exams
...+6 MPBSE 12th , JEE Main , MP BE , GATE , GPAT , CUET

ITM University specialties

Rank : National & Regional Recognition - Rank #54 Nationally (Outlook MBA) - Rank #45 Overall (IIRF)
Region : Strategic Central India Location - Well-connected Gwalior city - Proximity to regional industrial hubs
Tier : Premium Institution Status - Strong regional presence - Growing national recognition
Fees : Mid-Range Investment - Rs 4.09-7.05 L (Total B.Tech) - Rs 4.8-6 L (Total MBA)
ROI : Good Return on Investment - Average package Rs 6 LPA - Highest package Rs 45 LPA
Flagship Courses : Popular Programs - B.Tech Computer Science Engineering - MBA Dual Specialization
Specialization : Future-Ready Specializations - Data Science, Machine Learning - Cyber Security, Cloud Computing
Placement Focus : Strong Industry Placements - IT/Software (Infosys, Wipro, TCS) - Banking/Finance (Axis Bank, HDFC Bank)
Top Industries : Diverse Recruitment Sectors - IT & Software, Banking & Finance - Engineering & Manufacturing
Diversity : Vibrant Global Community - Students from 20+ nationalities - Rich multicultural campus environment
Internship : Practical Industry Exposure - Internships at HCL, Visa Steel - Projects in IT, Agriculture sectors
Partnerships/Exchange : Global Academic & Industry Ties - MoU with De Montfort University, UK - Collaborations with IBM, AWS Academy
Alumni : Active Alumni Network - 15000+ global alumni - Mentorship, networking, career support

Shortlisted by 5031+ students

Mansarovar Global University

4.0
(2 Reviews)
Sehore, Madhya Pradesh
Private
UGC
...+1 BCI

30,000 - 2,00,000 Management
Get Fee Details
AIEED Exams
...+6 IGNOU OPENMAT (Library and Information Science) , LSAT , NID , MAT , CET , NEET

Mansarovar Global University specialties

Rank : Rank #73 Nationally - Ranked #73 in the 'University (Private)' category by India Today (2024) - Recognized by UGC and a member of the Association of Indian Universities (AIU)
Region : Strategic Central India Location - Located in Sehore, near Bhopal, providing strategic access to the industrial and administrative hub of Madhya Pradesh - Positioned in the 'Heart of India' with excellent connectivity for pan-India student recruitment
Fees : Mid Range - Rs 0.6 - 6.0 L (Total Tuition Fees) - Flexible fee structure across 20+ departments including Engineering, Agriculture, and Law
ROI : Value - Competitive tuition costs paired with a dedicated Career Development Cell (MAANAS) - Strong focus on making students 'industry-ready' through competency-based results
Best Course : B.Sc (Hons.) Agriculture - Flagship program with specialized focus on modern agricultural technology - Curriculum certified by the Indian Council of Agricultural Research (ICAR) standards
Specialization : Polytechnic Educational Paradigm - Unique four-pillar model: Technology-related education, experiential teaching, industry linkages, and applied research - Annual curriculum reviews by a Program Advisory Committee (PAC) comprising industry experts
Placement Focus : MAANAS Career Development Cell - Dedicated cell to bridge the gap between academic study and employment market needs - Focus on personality development, communication skills, and mock interview training
Top Industries : IT, Pharma & Manufacturing - Strong recruitment presence from the Information Technology sector - Significant placements in Pharmaceutical and Manufacturing industries
Diversity : Pan-India Learner Footprint - Student body representing various towns and cities across India - Inclusive academic community fostering a vibrant exchange of culture and ideas
Internship : Work-Integrated Learning (WIL) - Mandatory internships and real-world training integrated into the curriculum - Students placed for internships in major firms like Makson and Sun Pharma
Partnerships/Exchange : Industry-Linked Advisory - Collaborations with sector-specific regulatory bodies including AICTE, BCI, and PCI - Active partnerships for student internships across the country and globally
Alumni : Mansarovar Group Legacy - Part of a 25-year educational legacy established by Sri Sai Gramothan Samiti - Access to a broad network of alumni from various sister institutions in Bhopal
Guest Lecturers : Fortune 500 Expert Sessions - Regular expert sessions and seminars featuring industry leaders - Interaction with professionals from top-tier companies to provide real-world insights
Hostel : 75% Residential Campus - Guaranteed on-campus housing for all four years of undergraduate study - Spacious, well-furnished rooms with 24/7 essential utilities and managed mess facilities
Infrastructure : 51-Acre Sprawling Campus - Spacious 51-acre campus designed for a stress-free learning environment - State-of-the-art laboratories, peaceful library, and extensive sports grounds

Shortlisted by 1167+ students

ITRC Indore

4.5
(2 Reviews)
Indore, Madhya Pradesh
Private
DOEACC

MPBSE 12th Exams
...+1 CBSE 12th

ITRC Indore is a Private Institute located in Indore, Madhya Pradesh. It was established in the year 1999. ITRC Indore offers Regular, Part Time courses such as MBA, BSc, BA, B.Com, Diploma in multiple disciplines. Read More

Shortlisted by 27+ students

INSTITUTE OF COMPUTER SCIENCE, VIKRAM UNIVERSITY UJJAIN

3.0
(1 Reviews)
Ujjain, Madhya Pradesh
University

7,520 - 80,240 Management
Get Fee Details
MP BE Exams
...+3 MPBSE 12th , JEE Main , CBSE 12th

INSTITUTE OF COMPUTER SCIENCE, VIKRAM UNIVERSITY UJJAIN is a University Institute located in Ujjain, Madhya Pradesh. It was established in the year 2010. INSTITUTE OF COMPUTER SCIENCE, VIKRAM UNIVERSITY UJJAIN offers Regular courses such as B.Tech, MBA, Diploma, MSc, MA in multiple disciplines. Read More

Shortlisted by 60+ students

Indian School of Business Management & Administration (ISBM), Gwalior

4.5
(2 Reviews)
Gwalior, Madhya Pradesh
Private
Govt of Ma
...+1 AICTE

5,900 - 1,50,000 Management
Get Fee Details
CBSE 12th Exams
...+3 CBSE 10th , MPBSE 10th , MPBSE 12th

Indian School of Business Management & Administration (ISBM), Gwalior is a Private Institute located in Gwalior, Madhya Pradesh. It was established in the year 2002. Indian School of Business Management & Administration (ISBM), Gwalior offers Regular, Part Time courses such as Executive MBA, BSc, Diploma, PGD, Certificate in multiple disciplines. Read More

Shortlisted by 23+ students

R.C. Patel Arts Commerce And Science College

5.0
(2 Reviews)
Shivpuri, Madhya Pradesh
Private
NAAC
...+1 National Assessment and Accreditation Council (NAAC)

R.C. Patel Arts Commerce And Science College is a Private Institute located in Shivpuri, Madhya Pradesh. It was established in the year 1991. R.C. Patel Arts Commerce And Science College offers Regular courses such as BSc, BA, BCA, Diploma, MSc in multiple disciplines. Read More

Shortlisted by 20+ students

RADHADEVI RAMCHANDRA MANGAL SCHOOL OF MANAGEMENT & RESEARCH

Neemuch, Madhya Pradesh

45,600 Management
Get Fee Details
MPBSE 12th Exams
...+1 CBSE 12th

RADHADEVI RAMCHANDRA MANGAL SCHOOL OF MANAGEMENT & RESEARCH is a None Institute located in Neemuch, Madhya Pradesh. It was established in the year 2009. RADHADEVI RAMCHANDRA MANGAL SCHOOL OF MANAGEMENT & RESEARCH offers Regular courses such as PGDM, Executive MBA, PGD, D Pharma in multiple disciplines. Read More

Shortlisted by 5+ students

Course and Fee (7)

Mangalayatan University of Jabalpur

4.3
(6 Reviews)
Jabalpur, Madhya Pradesh
Private
UGC
...+2 BCI , AIU

60,000 - 90,000 Management
Get Fee Details
CUET Exams
...+1 CBSE 12th

Mangalayatan University of Jabalpur is a Private Institute located in Jabalpur, Madhya Pradesh. It was established in the year 2019. Mangalayatan University of Jabalpur offers Regular courses such as B.Tech, MBA, BSc, BA, BBA in multiple disciplines. Read More

Shortlisted by 14482+ students

Management Related News

Best Management Colleges in Madhya Pradesh for Business Management 2026

Showing 12 Best Management Colleges in Madhya Pradesh for Business Management

1,29,000 - 22,12,000 Management

IPMAT Exams

IIM Indore specialties

12,000 - 1,00,000 Management

GPAT Exams

Rkdf University specialties

55,000 - 5,00,000 Management

GATE Exams

SAGE University Indore specialties

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18,000 - 2,23,000 Management

CAT Exams

Rabindranath Tagore University specialties

40,000 - 1,45,000 Management

NATA Exams

ITM University specialties

30,000 - 2,00,000 Management

AIEED Exams

Mansarovar Global University specialties

MPBSE 12th Exams

7,520 - 80,240 Management

MP BE Exams

5,900 - 1,50,000 Management

CBSE 12th Exams

45,600 Management

MPBSE 12th Exams

60,000 - 90,000 Management

CUET Exams

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