Top 10 Commerce Colleges in Indore 2026 - Fees, Scholarships, Admissions & More

Is Commerce a Good Career Option in 2026?

Yes, commerce is still one of the smartest career picks in 2026. It mixes classic skills like accounting and finance with exciting digital business trends that are taking off right now.

Whether you're into traditional jobs like CA or something new like fintech apps, online sales, or crypto trading, commerce sets you up perfectly in Indore's fast-moving job market. Picture landing roles in digital wallets, data analysis for businesses, or even helping startups grow - commerce gives you the edge to blend money smarts with tech.

Commerce today is no longer limited to CA and B.Com - it’s where business meets technology. 

Programs in Digital Business and Entrepreneurship are becoming increasingly popular. They blend traditional commerce principles with modern digital tools, preparing you for roles in digital marketing strategy, online business management, social media commerce, and tech-driven financial services.

If you're considering commerce but want to stay ahead of industry trends, explore the Undergraduate Program in Digital Business & Entrepreneurship offered by IIDE - Digital Business School, the leading digital institution of India. 

Key highlights related to the Top Commerce Colleges in Indore

Here's a quick look at key highlights for top commerce colleges in Indore - from course basics and eligibility to fees, specialisations, top jobs, and starting salaries.

Parameter	Details
Course Level	Undergraduate (B.Com, BBA, BAF, BFM) programs; Postgraduate (M.Com, MBA, PGDM) programs; Integrated (BBA+MBA, IPM - 5 years)
Commerce Course Duration	3-4 years for Under Graduation Course; 2 years for MBA/PGDM; 5 years for Integrated Programs (IPM/BBA+MBA)
Eligibility Criteria	Class 12 pass with 45-60% aggregate (60%+ for IIM Indore IPM, NMIMS programs); 5% relaxation for SC/ST/OBC candidates
General Entrance Exams	IPMAT (IIM Indore); DAVV CET; NPAT (NMIMS); CMAT/CAT/MAT (MBA); CUET UG; Merit-based admissions
Popular Colleges	IIM Indore; DAVV (Devi Ahilya Vishwavidyalaya); PIMR (Prestige Institute); NMIMS Indore; IIPS (International Institute of Professional Studies)
Annual Fees	Government Colleges: ₹1,750 - ₹50,000 per year; Private Affiliated: ₹60,000 - ₹2,00,000 per year; Autonomous/Private: ₹1.50 - ₹3.00 Lakhs per year; IIM Indore (IPM): ₹26-30 Lakhs (total 5 years); MBA Programs: ₹1.37 - ₹21 Lakhs (total 2 years)
Top Specialisations	Finance & Accounting; Marketing Management; Human Resources; International Business; Operations Management; Healthcare Management; Pharmaceutical Management; Foreign Trade; Analytics; Banking & Insurance
Top Profiles	Management Consultant; Financial Analyst; Investment Banker; Business Analyst; CA (Chartered Accountant); Product Manager; Marketing Manager; HR Manager; Data Analyst; Healthcare Administrator
Average Starting Salary	Government Colleges (DAVV/GACC/IIPS): ₹3.5 - ₹6.5 LPA; Private Colleges (PIMR/NMIMS/IPS): ₹6 - ₹12.5 LPA; IIM Indore (IPM/MBA): ₹20 - ₹29.57 LPA; Top Commerce Colleges in Indore Overall: ₹5 - ₹10 LPA average; Highest Packages: Up to ₹46+ LPA (IIM Indore)

List of Top 11 Commerce Colleges in Indore with Top Specialisations & Entrance Exams / Admission Criteria

College Name	Commerce Specialisations Offered	Admission Criteria
Indian Institute of Management (IIM), Indore	Management programs with commerce foundation (IPM, PGP for commerce grads); no standalone BCom.	IPM: Class 12 + IPMAT 2026 (May 4); PGP: Bachelor's (50%) + CAT 2025 (90+ percentile General) + WAT/PI.
Devi Ahilya Vishwavidyalaya (DAVV)	BCom (Hons, Accounting & Tax Management), MCom.	UG: Class 12 (50%) + CUET-UG/merit; PG: CUET-PG/graduation merit.
Prestige Institute of Management and Research (PIMR)	BCom, BCom (Hons).	Class 12 (60%) merit-based, online application.
Narsee Monjee Institute of Management Studies (NMIMS)	BCom (Hons, Accountancy, Auditing & Finance).	Class 12 (60%) + NMIMS-NPAT.
International Institute of Professional Studies (IIPS)	BCom (Hons).	Class 12 Commerce/Science (50%) + DAVV CET.
Shri Atal Bihari Vajpayee Government Arts and Commerce College (GACC)	BCom, MCom.	Class 12 merit/CET; PG: Graduation.
IPS Academy	BCom (Hons, Taxation, Finance, Computer Application, Foreign Trade).	Class 12 merit-based.
Renaissance College of Commerce and Management (RCCM)	BCom, BCom (Computer Applications).	Class 12 (50%), direct merit.
St. Paul Institute of Professional Studies (SPIPS)	BCom, MCom.	Class 12 (50%), merit/counselling.
Indore Institute of Management and Research (IIMR)	BCom (DAVV affiliated).	Class 12 merit.
Medi-Caps University	BCom (various).	Class 12 (50%).

Those researching commerce education in Indore should also look into the availability of a BBA in Digital Marketing for a more modern skillset.

1. IIM Indore

Founded in 1996 as India's sixth IIM, IIM Indore stands as one of the country's most prestigious business schools, consistently ranked among the top 10 management institutes nationwide. The institute has earned the Triple Crown accreditation (AMBA, AACSB, and EQUIS), placing it among an elite group of global business schools.

Commerce Courses & Specialisations Offered by IIM Indore

IIM Indore offers undergraduate and postgraduate management programs designed for commerce students seeking elite business education.

• Integrated Programme in Management (IPM) - 5 Years (Foundation + MBA)
• Post Graduate Programme (PGP) - MBA with specialisations in Finance, Marketing, Strategy, Operations, and Analytics
• Fellow Programme in Management (FPM) - Doctoral program
• Executive MBA programs

Admission Criteria & Eligibility for Commerce at IIM Indore

IIM Indore admission usually requires:

For IPM:

• Class 12 pass or appearing with minimum 60% in Classes 10 and 12
• Born on or after August 1, 2005 (relaxation for SC/ST/PwD)
• IPMAT entrance exam mandatory

For PGP (MBA):

• Graduation degree with 50% marks
• Valid CAT score mandatory

Admission Process for Commerce at IIM Indore

The Admission Process at IIM Indore follows a competitive multi-stage selection process.

1. Phase 1: Register for IPMAT (for IPM) or CAT (for MBA) entrance examination
2. Phase 2: Appear for entrance exam, check shortlist based on exam scores
3. Phase 3: Personal Interview for shortlisted candidates
4. Final Step: Final selection based on composite score (entrance + PI + academics)

Bonus Tip: Start IPMAT/CAT preparation at least 6 months in advance for competitive scores.

Fee Structure For Commerce at IIM Indore

IIM Indore's fee structure reflects its premium positioning among commerce colleges in Indore:

• IPM (5 Years Total): ₹26-30 Lakhs (₹3-4 Lakhs for first 3 years, ₹10-11 Lakhs per year for MBA phase)
• PGP/MBA (2 Years): ₹21.17 Lakhs total for domestic students
• Financial Aid: Need-based assistance available for families with income below ₹9 lakhs

Fees include tuition and hostel; mess charges additional. Always check the official website for current fee structure.

Why Select IIM Indore?

IIM Indore stands out among commerce colleges in Indore with exceptional placements, global recognition, world-class infrastructure, and an outstanding alumni network.

• Placements: 100% placement with highest package ₹46+ LPA, average ₹20-24 LPA
• Faculty: World-class professors from premier global institutions
• Location: Strategic location on Rau-Pithampur Road with modern campus
• Infrastructure: Bloomberg terminals, research labs, state-of-the-art facilities
• Alumni: Strong network in Fortune 500 companies globally

IIM Indore Address

Indian Institute of Management Indore
Prabandh Shikhar,
Rau-Pithampur Road
Indore - 453556, Madhya Pradesh

2. Devi Ahilya Vishwavidyalaya (DAVV)

One of the most established commerce colleges in Indore, DAVV was founded in 1964 and holds NAAC A+ accreditation. As a premier public university with 264+ affiliated colleges, DAVV remains the academic backbone for commerce education in Madhya Pradesh, offering affordable quality programs that combine traditional commerce knowledge with modern business practices, making it ideal for students seeking government university credentials.

Commerce Courses & Specialisations Offered by DAVV

DAVV offers comprehensive undergraduate and postgraduate commerce programs through its affiliated colleges across Indore.

• B.Com (General)
• B.Com (Honours) with specialisations
• B.Com (Computer Applications)
• BBA (Bachelor of Business Administration)
• BBA + MBA (Integrated 5-year program)
• M.Com (Master of Commerce)
• MBA with multiple specialisations

Admission Criteria & Eligibility for Commerce at DAVV

DAVV admission usually requires:

• Class 12 pass from recognized board with minimum 45-50% aggregate marks (varies by course)
• 5% relaxation for SC/ST/OBC candidates as per MP Government norms
• Mathematics/Computer Science preferred for certain specialisations
• For MBA: Graduation with 50% marks and valid entrance score

Admission Process for Commerce at DAVV

The Admission Process at DAVV follows MP state centralised counsellingmaximise for transparent merit-based admissions.

1. Phase 1: Register on DAVV admissions portal (dauniv.ac.in) during application period
2. Phase 2: For UG: Merit-based on Class 12 marks; For MBA: DAVV CET/CAT/CMAT score required
3. Phase 3: Participate in MP centralized counseling rounds, document verification
4. Final Step: Fee payment at allotted college for admission confirmation

Bonus Tip: Keep multiple college preferences during counseling to maximize admission chances.

Fee Structure For Commerce at DAVV

DAVV's fee structure makes it one of the most affordable commerce colleges in Indore:

• B.Com (Regular): ₹15,000-20,000 per year
• BBA: ₹30,000-40,000 per year
• B.Com (Computer Applications): ₹25,000-35,000 per year
• M.Com: ₹15,000-20,000 per year
• MBA: ₹30,000-50,000 per year (varies by affiliated college)

SC/ST students receive additional fee concessions. Fees change yearly, so check official DAVV website for latest structure.

Why Select DAVV?

DAVV stands out among commerce colleges in Indore with government university credibility, extensive network, affordable fees, and comprehensive scholarship opportunities.

• Placements: 75-80% placement rate with average packages ₹3.5-6.5 LPA
• Faculty: Experienced faculty with academic excellence
• Location: Multiple campuses across Indore with excellent connectivity
• Scholarships: State government scholarships including Post-Matric schemes
• Alumni: 60+ years of legacy with alumni across government and corporate sectors

DAVV Address

Devi Ahilya Vishwavidyalaya
Nalanda Campus, R.N.T. Marg
Indore - 452001, Madhya Pradesh

3. Prestige Institute of Management and Research (PIMR)

Among the premier commerce colleges in Indore, PIMR was established in 1994 with NAAC A++ accreditation and autonomous status. Located in Prestige Education City, PIMR combines academic rigor with industry exposure, offering commerce students outcome-focused programs with strong placement support, modern infrastructure including Bloomberg terminals, and faculty drawn from top companies and academic institutions.

Commerce Courses & Specialisations Offered by PIMR

PIMR offers specialised undergraduate and postgraduate commerce and management programs designed for industry readiness.

• BBA (Hons.) - General Management
• BBA (Hons.) - Foreign Trade
• B.Com (Hons.)
• BBA-HM (Hotel Management)
• MBA with specialisations in Marketing, Finance, HR, International Business, Operations
• PGDM (Post Graduate Diploma in Management)

Admission Criteria & Eligibility for Commerce at PIMR

PIMR admission usually requires:

• Class 12 pass with minimum 50% aggregate marks for BBA/B.Com (all streams eligible)
• Graduation degree with 50% marks for MBA (45% for SC/ST)
• Valid CMAT/CAT/MAT/XAT score for MBA programs
• Work experience preferred for MBA but not mandatory

Admission Process for Commerce at PIMR

The Admission Process at PIMR follows a comprehensive evaluation combining merit and counseling.

1. Phase 1: Submit online application on PIMR website with required documents
2. Phase 2: For UG: Merit list based on Class 12 marks; For MBA: GD and PI rounds
3. Phase 3: Final selection based on composite score (entrance + academics + interview)
4. Final Step: Document verification and fee payment for admission confirmation

Bonus Tip: Prepare for Group Discussion and Personal Interview rounds to improve MBA selection chances.

Fee Structure For Commerce at PIMR

PIMR's fee structure positions it competitively among autonomous commerce colleges in Indore:

• BBA (Hons.): ₹6.29 Lakhs total (3 years) / ₹2.10 Lakhs per year
• BBA (Hons.) - Foreign Trade: ₹6.29 Lakhs total (3 years)
• B.Com (Hons.): ₹5.54 Lakhs total (3 years) / ₹1.85 Lakhs per year
• MBA (2 Years): ₹3.18 Lakhs total / ₹1.59 Lakhs per year

Merit-based scholarships available. Fees change yearly, always verify current structure on official website.

Why Select PIMR?

PIMR stands out among commerce colleges in Indore with exceptional placements, autonomous curriculum flexibility, industry-aligned faculty, and modern infrastructure.

• Placements: Highest package ₹13.5-20.5 LPA, average ₹6-8 LPA
• Faculty: Industry-experienced professors with corporate backgrounds
• Location: Prestige Education City, Scheme 54, well-connected
• Infrastructure: Bloomberg terminals, smart classrooms, moot court, 70,000+ books library
• Alumni: Strong presence in banking, finance, FMCG, consulting sectors

PIMR Address

Prestige Institute of Management and Research
Prestige Education City, Scheme No. 54
Indore - 452010, Madhya Pradesh

4. Narsee Monjee Institute of Management Studies (NMIMS), Indore

One of the nationally recognised commerce colleges in Indore, NMIMS Indore brings Mumbai's premier NMIMS brand (deemed university since 1981) to Madhya Pradesh since 2017. With UGC recognition and access to pan-India NMIMS network, this campus offers commerce students modern infrastructure, strong corporate connections, and national-level placement opportunities with the credibility of the prestigious NMIMS name.

Commerce Courses & Specialisations Offered by NMIMS Indore

NMIMS Indore offers diverse undergraduate and postgraduate commerce and management programs under the deemed university framework.

• BBA with specialisations in Marketing and Finance
• B.Com (Hons.) - Focus on Accountancy, Auditing, Finance
• BBA LL.B. (Hons.) - 5-year integrated law program
• MBA/PGDM - 2-year program with diverse specialisations
• MBA (Tech) - 5-year integrated B.Tech + MBA

Admission Criteria & Eligibility for Commerce at NMIMS Indore

NMIMS Indore admission usually requires:

• Class 12 pass with minimum 50% aggregate in any stream for BBA/B.Com
• NMIMS NPAT (NMIMS Programs After Twelfth) exam mandatory for undergraduate programs
• Graduation with 50% marks for MBA
• NMAT (NMIMS Management Aptitude Test) or CAT/GMAT for MBA programs

Admission Process for Commerce at NMIMS Indore

The Admission Process at NMIMS Indore follows a standardized national-level selection process.

1. Phase 1: Register for NPAT (for UG) or NMAT (for MBA) examination
2. Phase 2: Appear for entrance exam, apply to NMIMS Indore campus with scores
3. Phase 3: Shortlisting based on entrance scores + past academics; GD/PI for MBA
4. Final Step: Document verification and fee payment for seat confirmation

Bonus Tip: NMIMS allows multiple NMAT attempts—utilize this to improve your score.

Fee Structure For Commerce at NMIMS Indore

NMIMS Indore's fee structure reflects its deemed university status among commerce colleges in Indore:

• BBA: ₹2.75 Lakhs per year / ₹8.25 Lakhs (total 3 years)
• B.Com (Hons.): ₹1.50-2.00 Lakhs per year
• BBA LL.B. (Hons.): ₹2.50-3.00 Lakhs per year
• MBA/PGDM (2 Years): ₹18 Lakhs total / ₹9 Lakhs per year

Hostel and mess charges additional. Fees change yearly, verify current structure on official NMIMS website.

Why Select NMIMS Indore?

NMIMS Indore stands out among commerce colleges in Indore with national brand recognition, strong corporate placements, modern campus, and pan-India alumni network.

• Placements: Highest ₹16.8 LPA, average ₹12.5 LPA, median ₹12.4 LPA
• Faculty: Qualified professors from premier institutions
• Location: Bada Bangarda campus with modern facilities
• Infrastructure: Smart classrooms, comprehensive library, sports facilities
• Alumni: Access to NMIMS's extensive pan-India network across 8 campuses

NMIMS Indore Address

Narsee Monjee Institute of Management Studies
Bada Bangarda, Tehsil: Hatod
Indore - 453112, Madhya Pradesh

5. International Institute of Professional Studies (IIPS)

Among the top commerce colleges in Indore, IIPS was established in 1992 as a constituent unit of DAVV and holds AICTE approval with IIRF A+ rating (ranked 24th among B-Schools). IIPS combines government institution affordability with professional education quality, offering commerce students integrated programs, 100% placement records, and the credibility of DAVV degrees at highly competitive fees.

Commerce Courses & Specialisations Offered by IIPS

IIPS offers innovative integrated and postgraduate commerce programs designed for comprehensive business education.

• BBA + MBA (Integrated 5-year dual degree)
• B.Com (Hons.)
• BCA + MCA (Integrated 5-year program)
• MBA with specialisations in Marketing, Finance, HR, Operations, International Business
• MBA (Dual specialisation)
• MBA (Tourism Management)

Admission Criteria & Eligibility for Commerce at IIPS

IIPS admission usually requires:

• Class 12 pass with minimum 45-50% aggregate marks for undergraduate programs
• DAVV CET (Common Entrance Test) mandatory for admission
• Graduation with 50% marks for MBA programs
• Valid DAVV CET/CAT/MAT/CMAT scores accepted for MBA

Admission Process for Commerce at IIPS

The Admission Process at IIPS follows DAVV centralized counseling for transparent merit-based selections.

1. Phase 1: Register for DAVV CET or relevant entrance examination
2. Phase 2: Appear for entrance exam, apply to IIPS with scores
3. Phase 3: Merit list based on entrance + academics, participate in DAVV counseling
4. Final Step: Document verification at IIPS, fee payment for admission confirmation

Bonus Tip: IIPS being a DAVV constituent unit offers government college benefits at professional institute quality.

Fee Structure For Commerce at IIPS

IIPS offers extremely competitive fees among commerce colleges in Indore due to its government institution status:

• BBA + MBA (5 Years): ₹1.88-2.10 Lakhs total / ₹40-47,000 per semester
• B.Com (Hons.): ₹30,000-50,000 per year
• MBA (2 Years): ₹1.37-1.65 Lakhs total / ₹33,000-42,000 per semester
• MBA (Tourism): ₹1.45 Lakhs total

MP Government scholarships applicable. Fees change yearly, always check official IIPS/DAVV website.

Why Select IIPS?

IIPS stands out among commerce colleges in Indore with 100% placement record, government institution affordability, comprehensive infrastructure, and vibrant campus culture.

• Placements: 100% placement rate, average ₹5.26 LPA, highest ₹12-15 LPA
• Faculty: Experienced faculty with academic and industry expertise
• Location: DAVV Takshashila Campus, Khandwa Road with excellent connectivity
• Infrastructure: Modern labs, central library, sports facilities, 24×7 Wi-Fi, hostels
• Alumni: Strong DAVV alumni network across government and corporate sectors

IIPS Address

International Institute of Professional Studies
DAVV, Takshashila Campus,
Khandwa Road
Indore - 452001, Madhya Pradesh

6. Shri Atal Bihari Vajpayee Government Arts and Commerce College (GACC)

One of the most affordable commerce colleges in Indore, GACC was established in 1960 with foundation stone laid by Prime Minister Jawaharlal Nehru. Spread across 52 acres serving 8,000+ students, this NAAC B+ accredited government college designated as "Prime Minister's College of Excellence", offers commerce students exceptional value with minimal fees, comprehensive programs, and government degree benefits ideal for those seeking quality education without financial burden.

Commerce Courses & Specialisations Offered by GACC

GACC offers diverse 4-year undergraduate and postgraduate commerce programs following the revised NEP structure.

• B.Com (4-year program)
• B.Com (Computer Applications) - 4 years
• BBA (4-year program)
• M.Com (Master of Commerce)
• MBA (self-financed) - only MP government college offering self-financed MBA
• PGDCA (Post Graduate Diploma in Computer Applications)

Admission Criteria & Eligibility for Commerce at GACC

GACC admission usually requires:

• Class 12 pass from a recognised board (no specific percentage cutoff, merit-based)
• 5% relaxation for SC/ST/OBC candidates as per MP Government norms
• Mathematics/Computer Science preferred for certain specialisations
• For MBA: Graduation with 50% (45% for reserved) + valid entrance score

Admission Process for Commerce at GACC

The Admission Process at GACC follows MP Higher Education centralised counselling for transparent government college admissions.

1. Phase 1: Register on MP Higher Education Portal during counseling period
2. Phase 2: Merit list published based on Class 12 marks (UG) or graduation marks (PG)
3. Phase 3: Participate in MP centralized counseling, select GACC as preference
4. Final Step: Document verification at GACC campus, minimal fee payment for confirmation

Bonus Tip: GACC's flexible environment is ideal for students preparing for competitive exams alongside studies.

Fee Structure For Commerce at GACC

GACC offers the most affordable fees among all commerce colleges in Indore:

• BBA (4 Years Total): ₹47,066 total / approximately ₹11,500 per year
• B.Com (4 Years Total): ₹7,066 total / approximately ₹1,750 per year
• B.Com Computer Applications (4 Years): ₹15,066 total / approximately ₹3,750 per year
• M.Com: ₹1,601 per year
• MBA: ₹50,000-70,000 per year (self-financed program)

SC/ST additional concessions available. Fees change as per MP Government policies, verify on official website.

Why Select GACC?

GACC stands out among commerce colleges in Indore with unbeatable affordability, government benefits, extensive infrastructure, and Prime Minister's College designation.

• Placements: Active T&P cell with career guidance and government job coaching support
• Faculty: Dedicated government college faculty with academic expertise
• Location: Centrally located on A.B. Road, Bhawar Kuan with excellent public transport
• Infrastructure: 52-acre campus, 2 lakh+ books library, e-library with 7 lakh+ e-books, computer labs
• Alumni: Strong network in government services and various sectors

GACC Address

Shri Atal Bihari Vajpayee Government Arts and Commerce College
A.B. Road (Old Agra-Bombay Road),
Bhawar Kuan Navlakha,
Indore - 452001, Madhya Pradesh

7. IPS Academy

One of the largest commerce colleges in Indore, IPS Academy was founded in 1994 and has grown to span 60 acres with 16 constituent colleges offering 76 programs. With NAAC A++ accreditation and UGC/AICTE recognition, IPS Academy's Institute of Business Management and Research (IBMR) offers commerce students comprehensive programs, outstanding placement records with 1,900+ students placed annually, and a complete educational ecosystem with modern infrastructure.

Commerce Courses & Specialisations Offered by IPS Academy

IPS Academy offers diverse undergraduate, integrated, and postgraduate commerce programs through its constituent institutes.

• BBA (General Management)
• BBA (Foreign Trade)
• B.Com (Traditional Commerce)
• B.Com (Computer Applications)
• BBA LL.B. (Hons.) - 5-year integrated law
• BBA + MBA (Integrated program)
• MBA with specialisations in Marketing, Finance, HR, Operations, International Business
• M.Com

Admission Criteria & Eligibility for Commerce at IPS Academy

IPS Academy admission usually requires:

• Class 12 pass with minimum 50-60% aggregate marks (varies by program)
• All streams eligible for BBA/B.Com programs
• Merit-based selection for undergraduate courses
• Graduation with 50% marks for MBA
• Valid CMAT/CAT/MAT score for MBA admission

Admission Process for Commerce at IPS Academy

The Admission Process at IPS Academy follows a streamlined merit and entrance-based selection.

1. Phase 1: Submit online application through IPS Academy official website
2. Phase 2: For UG: Merit list based on Class 12 marks; For MBA: Entrance score evaluation
3. Phase 3: Counseling sessions (in-person/online), GD/PI for MBA candidates
4. Final Step: Document verification with originals, fee payment for seat confirmation

Bonus Tip: IPS Academy's large-scale placement drives attract 500+ companies annually—excellent corporate exposure.

Fee Structure For Commerce at IPS Academy

IPS Academy's fee structure is competitive among established private commerce colleges in Indore:

• BBA: ₹2.65 Lakhs total (3 years) / ₹85-95,000 per year
• BBA (Foreign Trade): ₹2.30-2.80 Lakhs total (3 years)
• B.Com: ₹60,000-1.00 Lakh total (3 years)
• BBA LL.B.: ₹74,000 per year (5-year program)
• MBA: ₹2.90 Lakhs total (2 years) / ₹1.45 Lakhs per year

SC/ST/OBC scholarships and merit scholarships available. Fees change yearly, check official website for updates.

Why Select IPS Academy?

IPS Academy stands out among commerce colleges in Indore with exceptional placement infrastructure, multi-disciplinary campus, modern facilities, and consistent rankings in national surveys.

• Placements: 1,904 students placed (2025), highest ₹52 LPA, average ₹5-6 LPA
• Faculty: 500+ experienced faculty across disciplines
• Location: Knowledge Village on NH-3 (Indore-Mumbai Highway)
• Infrastructure: 60-acre campus, smart classrooms, hostels, medical facilities, 24×7 Wi-Fi
• Alumni: Strong network across TCS, Infosys, Goldman Sachs, Amazon, major banks

IPS Academy Address

IPS Academy
Knowledge Village, Rajendra Nagar
A.B. Road, Indore - 452012, Madhya Pradesh

8. Renaissance College of Commerce and Management (RCCM)

Among the focused commerce colleges in Indore, Renaissance College offers boutique business education with emphasis on individual student development. Affiliated with DAVV and AICTE-approved, RCCM maintains small batch sizes ensuring personalised attention and mentoring, making it ideal for students who prefer intimate learning environments where faculty-student relationships foster better academic outcomes and career guidance.

Commerce Courses & Specialisations Offered by RCCM

RCCM offers focused undergraduate and postgraduate commerce and management programs designed for personalised learning.

• BBA (Business Administration with functional specialisations)
• B.Com (Traditional commerce education)
• BCA (Bachelor of Computer Applications)
• MBA with specialisations in Marketing, Finance, HR, Operations
• M.Com (Master of Commerce)

Admission Criteria & Eligibility for Commerce at RCCM

RCCM admission usually requires:

• Class 12 pass from a recognised board with minimum 45-50% aggregate marks
• All streams welcome for BBA/B.Com programs
• Graduation with 50% marks for MBA/M.Com
• CMAT/MAT/DAVV CET score preferred for MBA

Admission Process for Commerce at RCCM

The Admission Process at RCCM follows a personalised approach with direct student interaction.

1. Phase 1: Submit online application through RCCM website or visit campus directly
2. Phase 2: Eligibility verification of academic credentials
3. Phase 3: Personal interaction with admission committee for course guidance
4. Final Step: Merit assessment (academics + entrance for MBA), fee payment, admission confirmation

Bonus Tip: RCCM's small batches ensure better faculty attention and personalised career mentoring throughout the program.

Fee Structure For Commerce at RCCM

RCCM maintains moderate fees typical of private affiliated commerce colleges in Indore:

• BBA: ₹1.50-2.00 Lakhs per year
• B.Com: ₹80,000-1.20 Lakhs per year
• BCA: ₹1.00-1.50 Lakhs per year
• MBA: ₹2.50-3.50 Lakhs total (2 years)

Exact current fees should be verified directly with college. Fees change yearly based on university guidelines.

Why Select RCCM?

RCCM stands out among commerce colleges in Indore with personalised attention, small batch sizes, industry-focused curriculum, and dedicated career support.

• Placements: Dedicated placement cell with personalised career guidance
• Faculty: Experienced faculty with industry exposure and individual mentoring approach
• Location: Convenient Indore location with good transport connectivity
• Infrastructure: Well-equipped classrooms, computer labs, modern library
• Alumni: Growing network with personal connections and support

RCCM Address

Renaissance College of Commerce and Management Indore
45, behind Press Complex,
Sunil Nagar, Anurag Nagar,
Indore, Madhya Pradesh 452011

9. St. Paul Institute of Professional Studies (SPIPS)

Among the values-based commerce colleges in Indore, SPIPS was established under Christian educational traditions combining professional commerce education with strong ethical grounding. Affiliated with DAVV and AICTE-approved, SPIPS emphasises holistic development focusing not just on employability but on developing responsible professionals with character, making it ideal for students seeking education that shapes both careers and character.

Commerce Courses & Specialisations Offered by SPIPS

SPIPS offers undergraduate and postgraduate commerce and management programs with values-based education approach.

• BBA (Business Administration)
• B.Com (Commerce programs)
• BCA (Computer Applications)
• MBA with various specialisations
• MCA (Master of Computer Applications)

Admission Criteria & Eligibility for Commerce at SPIPS

SPIPS admission usually requires:

• Class 12 pass from recognized board with minimum 45-50% aggregate marks
• All streams eligible for undergraduate commerce programs
• Graduation with 50% marks for MBA/MCA
• Valid entrance exam scores for postgraduate programs (CMAT/MAT for MBA)

Admission Process for Commerce at SPIPS

The Admission Process at SPIPS emphasises personal counseling and holistic candidate evaluation.

1. Phase 1: Submit online or offline application to SPIPS
2. Phase 2: For UG: Merit-based on Class 12; For PG: Entrance exam scores
3. Phase 3: Personal counseling session for course guidance and value orientation
4. Final Step: Document verification, fee payment for admission confirmation

Bonus Tip: SPIPS's values-based approach develops soft skills and ethical leadership qualities valued in corporate world.

Fee Structure For Commerce at SPIPS

SPIPS maintains moderate fees among private commerce colleges in Indore:

• BBA: ₹1.20-1.80 Lakhs per year
• B.Com: ₹60,000-1.00 Lakh per year
• MBA: ₹2.00-3.00 Lakhs total (2 years)

Verify current fees directly with institution. Fees subject to annual revision.

Why Select SPIPS?

SPIPS stands out among commerce colleges in Indore with values-based education, holistic development focus, disciplined environment, and emphasis on character building.

• Placements: Active placement support with emphasis on ethical career development
• Faculty: Dedicated teaching staff committed to student character development
• Location: Accessible Indore location
• Infrastructure: Well-maintained campus with modern facilities
• Alumni: Network of ethically-grounded professionals across sectors

SPIPS Address

St. Paul Institute of Professional Studies Indore
91, Lalaram Nagar,
Indore, Madhya Pradesh 452001

10. Indore Institute of Management and Research (IIMR)

Among the research-oriented commerce colleges in Indore, IIMR positions itself as an institution emphasizing analytical and research capabilities alongside management education. Affiliated with DAVV and AICTE-approved, IIMR focuses on developing critical thinking and evidence-based management skills, making it ideal for commerce students interested in understanding the strategic "why" behind business decisions rather than just operational execution.

Commerce Courses & Specialisations Offered by IIMR

IIMR offers undergraduate and postgraduate commerce and management programs with research orientation.

• BBA (Business Administration)
• BBA (International Business)
• MBA with multiple specialisations
• PGDM (Post Graduate Diploma in Management)

Admission Criteria & Eligibility for Commerce at IIMR

IIMR admission usually requires:

• Class 12 pass with minimum 50% marks for BBA programs
• All streams eligible for undergraduate admission
• Merit-based selection for BBA
• Graduation with 50% marks for MBA/PGDM
• Valid CMAT/CAT/MAT/DAVV CET score for MBA, followed by personal interview

Admission Process for Commerce at IIMR

The Admission Process at IIMR emphasises analytical ability and research aptitude evaluation.

1. Phase 1: Submit online application on IIMR official website
2. Phase 2: For UG: Merit list based on Class 12; For MBA: Entrance exam score evaluation
3. Phase 3: Shortlisting based on entrance scores + academics, personal interview for MBA
4. Final Step: Final selection, document verification, fee payment for admission

Bonus Tip: IIMR's research focus develops analytical and strategic thinking skills valuable for leadership roles.

Fee Structure For Commerce at IIMR

IIMR maintains moderate fees among private commerce colleges in Indore:

• BBA: ₹1.50-2.50 Lakhs per year
• MBA/PGDM: ₹3.00-4.00 Lakhs total (2 years)

Verify current fees with institution as fees change annually.

Why Select IIMR?

IIMR stands out among commerce colleges in Indore with research-oriented approach, emphasis on critical thinking, industry project exposure, and analytical skill development.

• Placements: Active placement cell with industry connections
• Faculty: Research-oriented professors with academic and industry backgrounds
• Location: Good connectivity within Indore
• Infrastructure: Library with research journals, modern facilities
• Alumni: Network of analytically-skilled professionals in strategic roles

IIMR Address

Indore Institute of Management and Research Indore

Rau - Pithampur Rd,
opposite Indian Institute of Management, Rau,
Indore, Madhya Pradesh 453331

11. Medi-Caps University

Among the specialized commerce colleges in Indore, Medi-Caps University evolved from a pharmacy college (established 2000) into a full university offering diverse programs including commerce and management. With UGC recognition and NAAC accreditation, Medi-Caps brings unique healthcare sector expertise into business education, making it particularly valuable for commerce students interested in healthcare management, pharmaceutical marketing, or hospital administration careers.

Commerce Courses & Specialisations Offered by Medi-Caps

Medi-Caps offers undergraduate and postgraduate commerce programs with unique healthcare management specialisations.

• BBA (Business Administration)
• BBA (Healthcare Management) - Specialized program
• B.Com (Commerce programs)
• BBA (Pharma Tech) - Integrated BBA with pharmaceutical focus
• MBA with general and healthcare specialisations
• MBA (Healthcare & Hospital Management)
• MBA (Pharmaceutical Management) - Unique niche offering

Admission Criteria & Eligibility for Commerce at Medi-Caps

Medi-Caps admission usually requires:

• Class 12 pass with minimum 50% aggregate marks for BBA/B.Com
• All streams eligible for undergraduate programs
• Entrance exam or merit-based selection for UG
• Graduation with 50% marks for MBA programs
• Valid MAT/CMAT/CAT score or university entrance test for MBA

Admission Process for Commerce at Medi-Caps

The Admission Process at Medi-Caps follows university entrance and counseling procedures.

1. Phase 1: Submit online application through Medi-Caps University website
2. Phase 2: University entrance test or merit-based evaluation for UG; entrance score for MBA
3. Phase 3: Personal counseling session, course selection guidance
4. Final Step: Document verification with academic credentials, fee payment for admission

Bonus Tip: Medi-Caps' healthcare specialisations offer unique career opportunities in India's growing healthcare sector.

Fee Structure For Commerce at Medi-Caps

Medi-Caps maintains moderate fees typical of private universities among commerce colleges in Indore:

• BBA: ₹3.00-4.50 Lakhs total (3 years) / ₹1.00-1.50 Lakhs per year
• B.Com: ₹1.50-2.50 Lakhs total (3 years)
• MBA: ₹3.50-5.00 Lakhs total (2 years)
• MBA (Healthcare/Pharmaceutical Management): ₹4.00-5.50 Lakhs total (2 years)

Healthcare specialized programs may have slightly higher fees. Verify current fees on official website.

Why Select Medi-Caps?

Medi-Caps stands out among commerce colleges in Indore with unique healthcare focus, pharmaceutical sector expertise, specialized programs, and niche placement opportunities.

• Placements: Opportunities in pharmaceutical companies, healthcare institutions, hospital chains, medical devices
• Faculty: Faculty with healthcare and pharmaceutical industry expertise
• Location: Well-connected campus on A.B. Road, Pigdamber
• Infrastructure: Hospital simulation labs, modern facilities, digital library
• Alumni: Network in healthcare, pharmaceutical, and traditional corporate sectors

Medi-Caps University Address

Medi-Caps University
A.B. Road, Pigdamber
Indore - 453331, Madhya Pradesh

Recommended Commerce Colleges in Indore based on Merit 2026

Data reflects 2026 UG merit trends for admissions via DAVV/MP state counselling and institutional merit processes. Class 12 percentiles benchmark competitive placement across commerce programs (BCom, BBA, MCom, MBA).

Top-tier institutions like IIM Indore and NMIMS command 90%+ equivalents, while accessible options span 60-80% bands, ensuring holistic institutional representation.

12th Percentile/Merit Range	Recommended Colleges
Above 90%	IIM Indore (IPM), NMIMS, PIMR
80% - 90%	IPS Academy, Medi-Caps University
70% - 80%	DAVV, IIPS, SPIPS, RCCM
60% - 70%	GACC, IIMR

Commerce Colleges in Indore: Admission Mode & Admission Fees in 2026

Overview of admission pathways across merit-based, entrance-driven, and state counselling routes for BCom, BBA, and MCom programs at top Indore commerce institutions. Admission fees reflect registration and processing costs, with transparent pricing supporting accessibility across economic segments.

Commerce Colleges	Admission Mode	Admission Fees
IIM Indore	IPMAT + Class 12 (60%+) + PI	₹4,500
Devi Ahilya Vishwavidyalaya (DAVV)	Merit/CUET-UG/DAVV CET	₹750
Prestige Institute of Management and Research (PIMR)	Merit on Class 12 marks (60%+)	₹1,000
Narsee Monjee Institute of Management Studies (NMIMS)	NPAT + Class 12 (60%)	₹1,200
International Institute of Professional Studies (IIPS)	DAVV CET + Class 12 (50%)	₹700
Shri Atal Bihari Vajpayee Government Arts and Commerce College (GACC)	Merit DAVV cutoffs/State Counselling	₹500
IPS Academy	Merit on Class 12 marks	₹1,000
Renaissance College of Commerce and Management (RCCM)	Merit DAVV/Direct Admission	₹800
St. Paul Institute of Professional Studies (SPIPS)	Merit/State Counseling	₹700
Indore Institute of Management and Research (IIMR)	Merit on Class 12 (DAVV affiliated)	₹900
Medi-Caps University	Merit/Institutional Entrance	₹1,100

Commerce Colleges in Indore: Application Dates and Deadlines 2026

Timeline for BCom/BBA/MCom admissions including examination windows for IPMAT (May), NPAT (Mar-May), DAVV CET (June-July), and state merit counselling rounds. Early applications via rolling admissions ensure seat availability at premium institutions; final deadlines align with July-August state counselling closures.

College	Application Dates	Entrance Exam Dates
IIM Indore	Mar 1 - May 10, 2026	IPMAT: May 4, 2026
Devi Ahilya Vishwavidyalaya (DAVV)	May 1 - Jun 15, 2026	DAVV CET: Jun 20-25, 2026
Prestige Institute of Management and Research (PIMR)	Jun 1 - Jul 10, 2026	None (merit)
Narsee Monjee Institute of Management Studies (NMIMS)	Jan 1 - May 31, 2026	NPAT: Mar-May 2026
International Institute of Professional Studies (IIPS)	May 15 - Jun 20, 2026	DAVV CET: June 2026
Shri Atal Bihari Vajpayee Government Arts and Commerce College (GACC)	Jun 1 - Jul 15, 2026	None (State Merit)
IPS Academy	Jun 5 - Jul 10, 2026	None (merit)
Renaissance College of Commerce and Management (RCCM)	Jun 1 - Jul 12, 2026	None (DAVV merit)
St. Paul Institute of Professional Studies (SPIPS)	Jun 5 - Jul 10, 2026	None (merit)
Indore Institute of Management and Research (IIMR)	Jun 1 - Jul 15, 2026	None (merit)
Medi-Caps University	May 1 - Jul 10, 2026	Institutional/Merit

Scholarships Offered by Commerce Colleges for the Programme

Comprehensive merit, need-based, and reserved category scholarships (10-100% fee waivers) from state government and institutional schemes, verified Jan 2026.

Targeted support for SC/ST/OBC, girl child, and economically disadvantaged students aligns with equity mandates, maximising access to premium commerce education across socioeconomic strata.

College Name	Scholarship Type	Eligibility Criteria
IIM Indore	Need-based/Merit (IPM Specific)	Family income <₹10L; IPMAT top 500 scores; 60% Class 12
Devi Ahilya Vishwavidyalaya (DAVV)	MP Govt Post-Matric SC/ST/OBC	Income <₹2.5L; Reserved categories; Class 12 merit
Prestige Institute of Management and Research (PIMR)	Merit Excellence (Top 10%)	Class 12 >90%; Scholarship 10-50% tuition waiver
Narsee Monjee Institute of Management Studies (NMIMS)	Merit-cum-Need/Minority Support	>85% Class 12; Income criteria; Minority community
International Institute of Professional Studies (IIPS)	Government-Aided SC/ST/OBC	Reserved categories; 50% fee concession possible
Shri Atal Bihari Vajpayee Government Arts and Commerce College (GACC)	Post-Matric SC/ST; Medhavi Vidhyarthi Yojana	Income <₹2L; Reserved category; Class 12 merit; Up to 100% waiver
IPS Academy	Merit Scholarship (IPSA UG Program)	Class 12 75-95%; Fee waiver ₹11K to 100% based on merit
Renaissance College of Commerce and Management (RCCM)	Merit/Need-Based/Sports Scholarship	Top 10% merit; Income <₹3L; Sports achievements; 10-100% waiver
St. Paul Institute of Professional Studies (SPIPS)	Government/Merit Scholarships	SC/ST/OBC per norms; Merit-based; 50% fee reduction
Indore Institute of Management and Research (IIMR)	Merit Scholarships (Top Performers)	Class 12 merit rankers; Institutional support
Medi-Caps University	Merit/Need-Based Scheme	Class 12 >80%; Family income <₹8L; 25-100% fee concession

Career Opportunities After Commerce from Indore's Top Colleges

Graduates from Indore commerce institutions secure mid-to-senior roles spanning finance, consulting, operations, and marketing domains, with 60-95% placement rates. Salary trajectories vary by institution prestige and specialisation - government colleges (DAVV/GACC) average ₹3.5-6.5 LPA entry-level; premium institutions (IIM/NMIMS) command ₹12-29 LPA career entry.

Industry network effects amplify outcomes: PIMR, NMIMS, and IPS Academy alumni leverage alumni networks yielding 20-30% package premiums post 5-10 years. Top recruiters span Fortune 500 firms (Deloitte, TCS, Goldman Sachs, ICICI Bank) to mid-market players (Shapoorji Pallonji, Jindal Steel, Nestle India).

Internship Level (₹10K-₹25K/month stipend)

Entry-level internship roles develop technical and soft skills during final year BCom/BBA/BBA+MBA from Indore commerce colleges. Placements occur via campus drives, alumni networks, and institutional partner firms.

Role	Key Responsibilities	Top Recruiters from Indore Colleges
Finance Intern	Financial analysis, cash flow forecasting, bookkeeping, statement preparation	Deloitte, EY, KPMG, ICICI Bank, JP Morgan
Marketing Intern	Digital marketing campaigns, social media management, market research, content creation	TCS, Reliance, Nestle India, Asian Paints, Shapoorji Pallonji
Accounts Intern	Data entry, document preparation, audits, reconciliations, record-keeping	Wipro, Infosys, Kpmg, TCS, Genpact

Executive Level (₹4-10 LPA)

Freshers transition to full-time roles post-graduation via structured campus recruitment, with entry-level salaries calibrated by institution tier and sector. Government college graduates typically secure ₹4-6 LPA; private institution graduates command ₹6-10 LPA premium.

Role	Key Responsibilities	Average Salary (Indore, 2026)	Top Recruiters
Financial Analyst	Data review, trend analysis, budget forecasting, strategic recommendations	₹5.5-8 LPA	Accenture, Deloitte, KPMG, Goldman Sachs
Marketing Executive	Strategy implementation, team collaboration, campaign execution, performance tracking	₹4.5-7.5 LPA	TCS, Reliance, Nestle India, Amazon, Google
Sales Executive	Lead generation, client relationship management, sales reporting, revenue growth	₹4-6.5 LPA	Jindal Steel, Shapoorji Pallonji, Airtel, HDFC
HR Executive	Recruitment, employee relations, payroll processing, policy administration	₹4-6 LPA	TCS, Infosys, Capgemini, Deloitte, HCL

Senior Level (₹15-50+ LPA)

Experienced professionals (5-10 years post-graduation) from Indore commerce colleges transition to strategic management roles with substantial compensation and leadership responsibility.

PIMR, NMIMS, IPS Academy alumni demonstrate accelerated advancement trajectories due to strong institutional networks and early exposure to consulting/finance frameworks.

Role	Key Responsibilities	Average Salary (Indore, 2026)	Top Recruiters
Finance Manager	Operations oversight, financial reporting, budgeting, regulatory compliance, internal controls	₹14-26 LPA	Aditya Birla Group, JP Morgan, Deloitte, EY, Goldman Sachs
Marketing Manager	Strategy leadership, team management, budget allocation, performance optimisation, brand management	₹12-22 LPA	HUL, Nestle India, Google, McKinsey, Amazon
Operations Manager	Daily operations oversight, process optimisation, efficiency improvements, team leadership, supply chain	₹11-20 LPA	TCS, Wipro, Accenture, Shapoorji Pallonji, Reliance
Management Consultant	Strategy development, organisational restructuring, market analysis, implementation oversight	₹16-35 LPA	McKinsey, Bain, BCG, Deloitte, Accenture

Pro Tips for Maximising Career Outcomes

Early Internship Engagement: Begin internship pursuit from 2nd semester; PIMR, NMIMS, and IPS Academy students secure ₹15-25K monthly stipends leading to full-time conversion offers.