A total of 10 private business schools in Central Zone have made the cut for Outlook-ICARE 2025 Rankings for India’s Best B-Schools 2025. Here's the complete list.
| RANK-2025 | INSTITUTION | STATE | FACULTY STUDENT RATIO Weightage - 25% | RESEARCH Weightage - 20% | EMPLOYABILITY Weightage - 25% | FACULTY QUALITY Weightage - 20% | INCLUSIVENESS & DIVERSITY Weightage - 10% | OVERALL SCORE |
| 1 | PRESTIGE INSTITUTE OF MANAGEMENT AND RESEARCH INDORE | Madhya Pradesh | 100 | 31.8 | 72.37 | 84.91 | 36.99 | 70.13 |
| 2 | LAL BAHADUR SHASTRI INSTITUTE OF TECHNOLOGY AND MANAGEMENT INDORE | Madhya Pradesh | 96.35 | 56.88 | 24.24 | 95.06 | 35.53 | 64.09 |
| 3 | PRESTIGE INSTITUTE OF MANAGEMENT GWALIOR | Madhya Pradesh | 99.2 | 26.04 | 59.21 | 76.75 | 24.94 | 62.65 |
| 4 | SCHOOL OF MANAGEMENT ITM UNIVERSITY GWALIOR | Madhya Pradesh | 93.53 | 21.24 | 64.21 | 79.67 | 21.12 | 61.73 |
| 5 | AKS UNIVERSITY SATNA | Madhya Pradesh | 91.39 | 24.62 | 53.82 | 71.47 | 18.51 | 57.37 |
| 6 | IES COLLEGE OF TECHNOLOGY BHOPAL | Madhya Pradesh | 90.37 | 17.38 | 39.84 | 73.61 | 10.91 | 51.84 |
| 7 | PRESTIGE INSTITUTE OF MANAGEMENT DEWAS | Madhya Pradesh | 96.04 | 9.78 | 30.89 | 61.12 | 17.78 | 47.69 |
| 8 | RUNGTA COLLEGE OF ENGINEERING & TECHNOLOGY BHILAI | Chhattisgarh | 99.29 | 8.65 | 23.61 | 57 | 19.77 | 45.83 |
| 9 | JAGRAN LAKECITY BUSINESS SCHOOL JAGRAN LAKECITY UNIVERSITY BHOPAL | Madhya Pradesh | 100 | 10.91 | 23.11 | 53.56 | 20.75 | 45.75 |
| 10 | IPS COLLEGE OF TECHNOLOGY & MANAGEMENT GWALIOR | Madhya Pradesh | 94.89 | 3.53 | 20.35 | 54.9 | 13.4 | 41.84 |