MBA Colleges in Madhya Pradesh Accepting Low CAT Score (2026): Fees, Cutoffs & NIRF Ranks
5 MBA and PGDM colleges in Madhya Pradesh admit students in the 40–92 CAT percentile range for the 2026-28 batch, 1 of them NIRF 2025 top-100 (best: ABV-IIITM Gwalior at rank 93). Fees start at ₹1.7 L (MANIT Bhopal, Bhopal) and the highest reported average placement is 11.8 LPA at Jaipuria Indore. The lowest CAT floor in the state is 50 percentile.
This is the full working list of MBA and PGDM colleges in Madhya Pradesh that actually admit candidates below the IIM cutoff — 5 institutes, sorted by NIRF 2025 rank, with the CAT band each one admits in, its total two-year fee and its reported average placement. 2 of them take students at 60 percentile or below.
All 5 MBA colleges in Madhya Pradesh
| NIRF 2025 | College | City | CAT band | Total fee | Avg CTC | Also accepts |
|---|---|---|---|---|---|---|
| 93 | ABV-IIITM GwaliorABV-Indian Institute of Information Technology and Management Gwalior | Gwalior | 80–90 %ile | ₹5.3 L | n/a | MAT |
| 101–125 | Jaipuria IndoreJaipuria Institute of Management Indore | Indore | 50–70 %ile | ₹16.1 L | 11.8 LPA | XAT, CMAT, MAT, GMAT |
| — | IIFM BhopalIndian Institute of Forest Management Bhopal | Bhopal | 80–90 %ile | ₹11.8 L | 10 LPA | XAT, CMAT, MAT |
| — | MANIT BhopalMaulana Azad National Institute of Technology Bhopal | Bhopal | 80–90 %ile | ₹1.7 L | 7.5 LPA | CAT only |
| — | PIMR IndorePrestige Institute of Management and Research Indore | Indore | 50–70 %ile | ₹5 L | 6 LPA | XAT, CMAT, MAT, ATMA |
Sorted by NIRF 2025 rank, unranked institutes last. CAT band is the percentile range in which the institute actually admits for 2026-28.
The Madhya Pradesh entrance-exam route most candidates miss
Madhya Pradesh’s best-value MBAs are government institutes that most low-CAT candidates never look at: MANIT Bhopal at about ₹1.7 lakh with a ₹7.5 LPA average, and ABV-IIITM Gwalior at ₹5.3 lakh. Both want 80+ percentile but neither charges private-school money.
Below that band, Indore is the market — Jaipuria Indore (NIRF 101–125, scholarships up to ₹5 lakh) and Prestige Institute (NAAC A++, deemed university, ₹5 lakh) both admit from around 50 percentile. IIFM Bhopal is the niche play for sustainability and ESG roles.
Across these 5 colleges the most widely accepted alternatives to CAT are MAT (4 colleges), XAT (3 colleges), CMAT (3 colleges), GMAT (1 colleges) and ATMA (1 colleges). Sitting one of them is usually cheaper than a CAT retake and the results land in time for the same admission rounds.
Fees vs placement: best ROI in Madhya Pradesh
Divide the reported average placement by the total fee. In Madhya Pradesh the spread runs from ₹1.7 L at MANIT Bhopal to ₹16.1 L at the top of the market, so the ratio matters more here than the brand name does.
| College | City | Total fee | Avg CTC | CTC ÷ fee |
|---|---|---|---|---|
| MANIT Bhopal | Bhopal | ₹1.7 L | 7.5 LPA | 4.41 |
| PIMR Indore | Indore | ₹5 L | 6 LPA | 1.20 |
| IIFM Bhopal | Bhopal | ₹11.8 L | 10 LPA | 0.85 |
| Jaipuria Indore | Indore | ₹16.1 L | 11.8 LPA | 0.73 |
NIRF 2025 ranked colleges in Madhya Pradesh
1 Madhya Pradesh institutes appear in the NIRF 2025 Management top 100. These carry the most weight with recruiters and are worth an application even if you are at the bottom of their published band.
| NIRF 2025 | College | City | CAT band | Total fee | Avg CTC |
|---|---|---|---|---|---|
| 93 | ABV-IIITM GwaliorABV-Indian Institute of Information Technology and Management Gwalior | Gwalior | 80–90 %ile | ₹5.3 L | n/a |
MBA colleges in Madhya Pradesh by city
Open a city for its full list, local recruiter mix and fee spread: Bhopal (2), Indore (2) and Gwalior (1).
Frequently asked questions
Which MBA colleges in Madhya Pradesh accept a low CAT percentile?
2 of the 5 colleges on this page admit at 60 percentile or below, the lowest floor in the state being 50 percentile. Jaipuria Indore and PIMR Indore are the most accessible.
What is the cheapest MBA college in Madhya Pradesh?
Maulana Azad National Institute of Technology Bhopal in Bhopal at ₹1.7 L total for the two-year programme, reporting 7.5 LPA average placement. 3 colleges in the state charge under ₹10 lakh in total.
Which is the best MBA college in Madhya Pradesh by NIRF ranking?
ABV-Indian Institute of Information Technology and Management Gwalior at NIRF 2025 rank 93, admitting in the 80–90 percentile band with a ₹5.3 L fee.
Can I get an MBA in Madhya Pradesh without CAT?
Yes. Below that band, Indore is the market — Jaipuria Indore (NIRF 101–125, scholarships up to ₹5 lakh) and Prestige Institute (NAAC A++, deemed university, ₹5 lakh) both admit from around 50 percentile. Beyond that, most private institutes here accept MAT, XAT, CMAT and GMAT, so a CAT score is one route among several rather than a requirement.
More ways to compare. Rank this state’s colleges by cost with the lowest-fee MBA list, see which entrance exams are still open, and check that a college is AICTE-approved before you pay.
Before you pay anything: check that the college is AICTE-approved and know the refund rules.
Sources & methodology
Cutoffs are the published shortlisting percentile where the institute publishes one, and otherwise the band in which it actually admits, taken from institute disclosures and the portals below. Fees are total two-year programme fees excluding hostel unless stated; placement figures are the latest institute-reported averages. Cross-checked against NIRF 2025 on 4 September 2026. Always confirm against the institute’s current admission brochure before paying any fee.