List of AICTE Approved MBA/PGDM in Finance Colleges in Madhya Pradesh Based on 2026 Ranking

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m1SiNSPopularityRatingHighest FeesLowest Fees

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#1	Prestige Institute of Management And Research (PIMR) Indore, Deemed to be University, Indore Indore, Madhya Pradesh \|AICTE, BCI, UGC Approved CD Score: 442/1000 NAAC A++	₹ 2,80,900MBA Financial Administration- Total FeesCompare Fees	₹ 4,41,000Average Package₹ 32,00,000Highest PackageCompare Placement	3.8 / 5 Based on 387 User ReviewsBest in Social Life	#191^th/350 in India for Management 2026 + 3 More
#2	Lakshmi Narain College of Technology - [LNCT], Bhopal Bhopal, Madhya Pradesh \|AICTE, NBA Approved CD Score: 587/2000	₹ 80,000MBA Financial Administration- Total FeesCompare Fees	₹ 5,50,000Average Package₹ 12,00,000Highest PackageCompare Placement Placement Score: 156/1000	3.8 / 5 Based on 621 User ReviewsBest in Placements	#355^th/372 in India for Management 2025 + 4 More
#3	Shri Vaishnav Institute of Management & Science - [SVIMS], Indore Indore, Madhya Pradesh \|AICTE, UGC Approved CD Score: 359/1000 NAAC A	₹ 1,63,500MBA Financial Administration- Total Fees	₹ 5,50,000Average Package₹ 14,56,000Highest Package	4 / 5 Based on 79 User ReviewsBest in Faculty	#330^th/350 in India for Management 2026
#4	Malwa Institute of Science and Technology - [MIST], Indore Indore, Madhya Pradesh \|AICTE Approved	₹ 90,000MBA Finance- Total Fees	₹ 7,75,000Average Package₹ 15,40,000Highest Package	3.7 / 5 Based on 24 User ReviewsBest in Infrastructure	--

Featured

IPS Academy, Indore

Indore, Madhya Pradesh |NCTE, AICTE, COA, PCI, BCI Approved

₹ 2,90,000MBA Financial Administration- Total Fees

₹ 6,82,000Average Package₹ 4,00,00,000Highest Package

3.8 / 5 Based on 524 User
ReviewsBest in Infrastructure

#282^th/350 in India for Management

+ 3 More

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#5	Shivajirao Kadam Group of Colleges, Indore Indore, Madhya Pradesh \|AICTE, UGC Approved NAAC A	₹ 1,20,000MBA Financial Management- Total Fees	₹ 5,50,000Average Package₹ 12,00,000Highest Package	3.9 / 5 Based on 121 User ReviewsBest in Academics	--
#6	ShriRam Group of Colleges - [SRGOC], Gwalior Gwalior, Madhya Pradesh \|AICTE, PCI Approved	₹ 91,200MBA Finance- Total Fees	₹ 4,50,000Average Package₹ 15,00,000Highest Package	3.6 / 5 Based on 30 User ReviewsBest in Faculty	--
#7	Acropolis Institute of Technology & Research - [AITR], Indore Indore, Madhya Pradesh \|AICTE, NBA Approved	₹ 1,39,000MBA Finance- Total Fees	₹ 32,00,000Highest Package	3.8 / 5 Based on 314 User ReviewsBest in Placements	--
#8	Lal Bahadur Shastri Institute of Technology and Management - [LBSITM], Indore Indore, Madhya Pradesh \|AICTE Approved	₹ 1,12,000MBA Finance- Total Fees	₹ 4,10,000Average Package₹ 7,25,000Highest Package	3.9 / 5 Based on 11 User ReviewsBest in Academics	#44^th/200 in India for Management 2026 More

CD Rank	Colleges	Course Fees	Placement	User Reviews	Ranking
#9	Maharaja Ranjit Singh College of Professional Sciences - [MRSC], Indore Indore, Madhya Pradesh \|AICTE, UGC Approved NAAC B++	₹ 1,00,000MBA Financial Administration- Total Fees	--	4 / 5 Based on 52 User ReviewsBest in Faculty	--
#10	Sushila Devi Bansal College, Indore Indore, Madhya Pradesh \|AICTE Approved	₹ 60,000MBA Finance- Total Fees	₹ 42,00,000Highest Package	3.6 / 5 Based on 160 User ReviewsBest in Academics	--
#11	Indore Management Institute and Research Centre - [IMI], Indore Indore, Madhya Pradesh \|AICTE Approved	₹ 80,000MBA Finance- Total Fees	--	3.6 / 5 Based on 12 User ReviewsBest in Academics	#273^th/281 in India for Management 2022 More

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