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
CAT Exams
...+1 IPMAT

IIM Indore specialties

ROI : Excellent Returns - Strong placements with high average packages.

Specializations : Diverse Specializations - Strong focus on Finance, Marketing, Strategy, Operations. - Electives in Analytics, BFSI, E-commerce, Operations & Strategy.

Placements : 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.

Internships : Premium Internships - Internships at top firms like Bain & Company, BCG, KPMG. - Projects across Consulting, Finance, IT/Analytics, FMCG.

Partnerships/Exchange Programs : 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).

Rankings : 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.

Flagship Courses : Flagship Programs - Post Graduate Programme (PGP) in Management. - Integrated Programme in Management (IPM), unique 5-year course

Diversity : High Gender & Academic Diversity - 54% female in PGP 2025-27 batch. - 55% non-engineers in PGP batch.

Shortlisted by 1478+ students

Rkdf University

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

12,000 - 1,00,000 Management
Get Fee Details
CBSE 12th Exams
...+6 CLAT , CSIR NET , NCHMCT JEE , CBSE 10th , GPAT , GATE

Rkdf University specialties

ROI : Good Return on Investment - Highest packageRs 10 LPA - Average packageRs 4.20 LPA

Specializations : Diverse Specializations - Engineering (CSE, Mechanical, Electrical) - Pharmacy (B.Pharm, D.Pharm)

Placements : Industry-Aligned Placements - Strong in IT, Finance, Consulting sectors - Recruiters like TCS, Deloi

Top Industries : Key Placement Sectors - Information Technology, Finance - Consulting, Pharmaceuticals, Manufacturing

Internships : Practical Industry Exposure - Internship opportunities with diverse companies - Practical projects i

Partnerships/Exchange Programs : 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

Rankings : 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)

Flagship Courses : Flagship Programs - Strong B.Tech/BE and MBA programs - Popular in Medical and Paramedical fields

Diversity : Inclusive Learning Environment - Supports students from diverse backgrounds - Financial assistance f

Guest Lecturers : Industry Expert Insights - Regular guest faculty lectures - Corporate talks for practical exposure

Shortlisted by 1537+ 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
CBSE 12th Exams
...+6 NATA , SEE , GATE , JEE Main , UGC NET , MPBSE 12th

SAGE University Indore specialties

ROI : Good Return on Investment - Average package Rs 4.50 LPA (2023-24) - Highest package Rs 45 LPA (B.Tech)

Specializations : Cutting-Edge Tech Focus - B.Tech in AI/ML, Cyber Security, Blockchain - Industry-aligned programs with Microsoft, Google, Nvidia

Placements : 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)

Internships : Industry-Integrated Internships - Internships at Amazon, Microsoft, Google - Projects in FMCG, Finance, Technology sectors

Partnerships/Exchange Programs : Global & Industry Collaborations - Academic ties with US, Taiwan, UK universities - Industry MoUs with Huawei, Amazon AWS Educate, Harvard Business School Online

Rankings : 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)

Flagship Courses : Popular Tech & Management - B.Tech (CSE, AI, Data Science) - MBA (Business Analytics, Fintech)

Shortlisted by 137655+ students

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
CLAT Exams
...+6 CAT , CBSE 10th , XAT , JEE Main , NMAT , CMAT

Rabindranath Tagore University specialties

ROI : Good Return on Investment - Highest package Rs 18LPA - Median UG Rs 4.20-4.80LPA

Specializations : Skill-Based Education Focus - India's first skill-based university - Nine Centers of Excellence for research

Placements : Robust Industry Placements - Strong connections with 600+ companies - Focus on IT, Banking, Consulting sectors

Top Industries : Key Recruiting Sectors - IT, Banking, Consulting - Manufacturing, Retail

Internships : Guaranteed Internship Support - 100% internship assistance - Internships at HCL, Paytm, Axis Bank

Partnerships/Exchange Programs : Extensive Global Collaborations - 15 international, 30 national partnerships - Collaborations with US, Nepal, Kenya universities

Alumni : Engaged Alumni Network - Active alumni association

Rankings : 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)

Flagship Courses : Diverse Program Offerings - Flagship PhD programs - Popular Engineering, Management courses

Diversity : Vibrant Student Community - Students from 23 Indian states - International students from 5 countries

Shortlisted by 85114+ 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
JEE Main Exams
...+6 NEET , MAT , NIMCET , MP BE , CBSE 12th , NATA

ITM University specialties

ROI : Good Return on Investment - Average package Rs 6 LPA - Highest package Rs 45 LPA

Specializations : Future-Ready Specializations - Data Science, Machine Learning - Cyber Security, Cloud Computing

Placements : 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

Internships : Practical Industry Exposure - Internships at HCL, Visa Steel - Projects in IT, Agriculture sectors

Partnerships/Exchange Programs : 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

Rankings : 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)

Flagship Courses : Popular Programs - B.Tech Computer Science Engineering - MBA Dual Specialization

Diversity : Vibrant Global Community - Students from 20+ nationalities - Rich multicultural campus environment

Shortlisted by 5035+ 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 UGC NET (Library and Information Science) , NIFT , JNU (Library and Information Science) , BHU PET (Library and Information Science) , MAT , NEET

Mansarovar Global University specialties

ROI : Value - Competitive tuition costs paired with a dedicated Career Development Cell (MAANAS) - Strong focus on making students 'industry-ready' through competency-based results

Specializations : 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

Placements : 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

Internships : 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 Programs : 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

Rankings : 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

Flagship Courses : B.Sc (Hons.) Agriculture - Flagship program with specialized focus on modern agricultural technology - Curriculum certified by the Indian Council of Agricultural Research (ICAR) standards

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

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 1172+ students

ITRC Indore

4.5
(2 Reviews)
Indore, Madhya Pradesh
Private
DOEACC

CBSE 12th Exams
...+1 MPBSE 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

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

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 MPBSE 10th , CBSE 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
CBSE 12th Exams
...+1 MPBSE 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
CBSE 12th Exams
...+1 CUET

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 14484+ students

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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

CAT Exams

IIM Indore specialties

12,000 - 1,00,000 Management

CBSE 12th Exams

Rkdf University specialties

55,000 - 5,00,000 Management

CBSE 12th Exams

SAGE University Indore specialties

18,000 - 2,23,000 Management

CLAT Exams

Rabindranath Tagore University specialties

40,000 - 1,45,000 Management

JEE Main Exams

ITM University specialties

30,000 - 2,00,000 Management

AIEED Exams

Mansarovar Global University specialties

CBSE 12th Exams

80,240 Management

CBSE 12th Exams

5,900 - 1,50,000 Management

CBSE 12th Exams

45,600 Management

CBSE 12th Exams

60,000 - 90,000 Management

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