Top MBA/Management Colleges in Madhya Pradesh for MBA/PGDM in 2022
Indian Institutes of Management, Indore
The Indian Institute of Management (IIM), Indore, also known as IIM Indore was founded in 1996 and was the sixth IIM established under the IIM legacy. Ranked 6th for MBA by NIRF 2021, which was 7th in 2020. It is one of the prominent public B-schools in the country with autonomous status.
The Post Graduate Programme (PGP) in Management is the flagship programme of IIM Indore. It is a two-year, full-time, residential programme that is recognized by the Association of Indian Universities (AIU) and is considered equivalent to an MBA degree. Apart from this, the institute offers a slew of new-age programmes at the PG and doctoral levels.
IIM Indore Key Highlights 2021
Establishment year – 1996
Campus size – 193 acre
Student intake –
– 451 for PGP
– 40 for EPGP
– 120 for IPM
Rankings
– 6th for MBA by NIRF 2021
– 7 for MBA by NIRF 2020
Number of courses Offered – 20+
Total faculty – 86
Number/ Types of scholarships offered – Three: Need-based Financial Assistance, Fellowship stipend, Contingency grant
No. of recruiting companies (2021) – 210 (Bain & Company, BCG, Deloitte, EY, PwC, and Optumamong others)
Highest placement package (2020) – Rs 41.5 LPA (Domestic), Rs 56.8 LPA (International)
Average placement package (2020) – Rs 23.6 LPA
Collaborations
Alba Graduate Business School (Greece), Asian Institute of Management (Manila), Auckland University of Technology (New Zealand), EM Lyon Business School (France)
Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior
Next on our list is the Indian Institute of Information Technology and Management, Gwalior. Also known as IITM Gwalior, established by the Ministry of Human Resource Development (MHRD) in 1997. It is also recognized as Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior. The institute was ranked 58th by the National Institutional Ranking Framework (NIRF 2021) and was recognized as an Institute of National Importance. IIITM Gwalior is an autonomous institute set up under Societies Registration Act.
IIITM Gwalior Key Highlights
Year of Establishment – 1997
Type – Autonomous
Recognized By – UGC, AICTE
Campus – 160 acres
Official Website – www.iiitm.ac.in
Popular Courses – BTech (CSE), IPG (BTech (IT) + MTech (IT)/MBA), MTech, MBA, PhD
Student Strength – 854
Entrance Tests – JEE, GATE, CAT
Application Mode – Online
Indian Institute of Forest Management, Bhopal
Next on our list is the Indian Institute of Forest Management, Bhopal. IIFM was established in 1982 as a public, autonomous institute of sectoral management. NIRF 2021 ranking has placed IIFM, Bhopal on 75th position this year.
IIFM Bhopal Key Highlights
Year of Establishment – 1982
Location – Bhopal
Campus Size – 230 acre
Accepted Exams – XAT, CAT, GMAT, GATE, CSIR NET, UGC NET
Rankings
– Ranked 53 for MBA/PGDM by Outlook 2020
– Ranked 75 for MBA/PGDM by NIRF 2021
Number of Courses Offered – 3 courses across 2 streams
Average Placement Package – Rs 8 LPA (2018 – 2020)
Top Recruiters – Jai Kisan, WWF India, Samasta Microfinance etc.
Jaipuria Institute of Management, Indore
Jaipuria Institute of Management, Indore aka JIM-Indore was established in 2010. Jaipuria Indore is one of the four campuses that come under the Jaipuria Institute of Management. This Institute has gained approval from the All India Council for Technical Education (AICTE) and is a member of the Association of Indian Universities (AIU). It is recognized as one of the prestigious management institutes in Madhya Pradesh and is also counted as one of the top-ranked private B-Schools in Central India.
Jaipuria Institute of Management, Indore offers a two-year Post Graduate Diploma in Management (PGDM) across specializations like HR, Information System, Operations Management, Finance, Marketing, and International Business. It also has several international collaborations with various bodies like Kainan University, Eastern Mennonite University, HEIG-VD, Naresuan University, Illinois University, Carleton University, Rennes School of Business, University of Michigan–Flint, Jonkoping University, among others. This Institute facilitates new-age learning for students by adapting to various contemporary education methodologies. The campus also features multiple clubs like Entrepreneurship, Financial & Economic, HR, IT, and Marketing Club for better student connect.
Jaipuria Institute of Management, Indore Key Highlights
Year of establishment – 2010
Campus – Indore
Campus size – 10 acre
Recognized by – NBA, AIU, AICTE
College rankings
– Ranked 2 amongst Private B-Schools in Central India (Business World, 2020)
– Ranked 3 amongst Private B-Schools in Central India (CSR-GHRDC, 2020)
– Ranked 3 amongst Private B-Schools in Central India (Business Today, 2020)
Modes of education – Full-time
Number of courses offered – 1 course
Exams accepted – CAT/ CMAT/ MAT/ GMAT/ XAT
Total no. of seats – 180
No. of scholarships – 5
Highest salary offered (2019)
– Domestic – Rs 17.65 LPA
– International – Rs 16 LPA
Official website – www.jaipuria.ac.in/campuses/jaipuria-indore
Gender intake – Co-ed
Application mode (when admissions are open) – Online/Offline
Total faculty – 16
Institute of Business Management and Research, Indore
Next on our list is the Institute of Business Management and Research, Indore aka IBMR IPS. Established in 1994 under the aegis of IPS Academy, the Institute of Business Management & Research IPS is affiliated to Devi Ahilya Vishwavidyalaya, Indore. Ranked 53 for MBA by Times in 2021, it is also approved by AICTE and DTE. It offers a total of 11 courses at UG, PG and PhD levels in the streams of Management and Economics.
The total student intake for the Institute of Business Management & Research IPS for its UG and PG courses is 1140, where 660 are for MBA and 480 are for BBA and BA courses combined. The intake for PhD depends on the institute’s decision and seat availability. The popular course of the Institute of Business Management & Research IPS is a two-year MBA offered across five specializations as shown in the image.
Institute of Business Management and Research IPS Key Highlights
Year of Establishment – 1994
Also known as – IBMR IPS
Type of institute – Private
Institute location – Indore, Madhya Pradesh
Affiliated to – Devi Ahilya Vishwavidyalaya, Indore
Approved by – AICTE, DTE(MP)
Ranking
-Ranked 53 for MBA/ PGDM by Times 2021
-Ranked 76-100 by NIRF under MBA/ PGDM category in 2020
-Ranked 97 by The Week 2020 under MBA/ PGDM Category 2020
Entrance exams accepted – CMAT, DET DAVV
Number of courses – 11
Total faculty – 90
Student intake – 1200
Flagship course – MBA, BBA
Highest placement package (2020) – Rs 10 LPA
Popular Recruiters – Deloitte, Asian Paints, Space India Nest etc.
Mode of education – Full-time
Modes of application – Online
Official website – ibmr.ipsacademy.org
Apart from these, there are over 300 management institutes in Indore. Some other good MBA colleges in Madhya Pradesh worth checking out are Amity University Gwalior, Symbiosis Univesity of Applied Sciences Indore, NMIMS University Indore, Maulana Azad National Institute of Technology Bhopal, Prestige Institute of Management, etc.
