Top MBA Colleges in Bhubaneswar

Odisha's capital, Bhubaneswar, is a growing center of learning and economics, having more than 95 MBA colleges in Bhubaneswar alone. The city has a very good IT sector, industrial development, and presence of market leaders like TCS, Tata Steel, and Infosys. All these factors make the city promising for job opportunities. These top MBA colleges in Bhubaneswar provide MBA specializations in Business Analytics, Marketing, HR, and Finance alongside AICTE/UGC approved degrees. Ranging from government institutions to private B-schools, the management education in Bhubaneswar is of high standard and low cost, which makes it appealing for MBA candidates.

Top 10 MBA Colleges in Bhubaneswar

The top 10 MBA colleges in Bhubaneswar, based on NIRF 2024 rankings and reputation, are:

College Name

NIRF 2024 Rank

Entrance Exam

Average Placement (₹ LPA)

XIM University (XIMB)

46

CAT/XAT/X-GMT

20.03 ( Lakh ) 

KIIT School of Management (KSOM)

49

CAT/MAT/KIITEE

9.53 ( Lakh ) 

IMI Bhubaneswar

62

CAT/XAT/CMAT

11.24 ( Lakh ) 

SOA University (IBCS)

Not Ranked

CAT/MAT/SAAT

5.50 ( Lakh ) 

Birla Global University (BGU)

Not Ranked

CAT/XAT/MAT

8.50 ( Lakh ) 

ASBM University

Not Ranked

CAT/MAT/CMAT

6.80 ( Lakh ) 

Regional College of Management (RCM)

Not Ranked

CAT/MAT/OJEE

7.50 ( Lakh ) 

Utkal University

Not Ranked

OJEE/CMAT

4.50 ( Lakh ) 

BJB Autonomous College

Not Ranked

OJEE

4.00 ( Lakh ) 

Madhusudan Institute of Cooperative Management (MICM)

Not Ranked

OJEE

3.80 ( Lakh ) 

Best 5 Government MBA Colleges

Top Government MBA colleges in Bhubaneswar offer affordable education and strong credibility:

College Name

NIRF 2024 Rank

Entrance Exam

Average Placement (₹ LPA)

Utkal University

Not Ranked

OJEE/CMAT

4.50 ( Lakh ) 

BJB Autonomous College

Not Ranked

OJEE

4.00 ( Lakh ) 

Madhusudan Institute of Cooperative Management

Not Ranked

OJEE

3.80 ( Lakh ) 

Rama Devi Women’s University

Not Ranked

OJEE

3.50 ( Lakh ) 

Orissa University of Agriculture and Technology

Not Ranked

OJEE

3.60 ( Lakh ) 

These colleges are ideal for cost-effective management education. Students can expecta  Good Return on investment from these colleges.

Best 5 Private MBA Colleges

Top Private MBA colleges in Bhubaneswar provide modern facilities and excellent placements:

College Name

NIRF 2024 Rank

Entrance Exam

Average Placement (₹ LPA)

XIM University (XIMB)

46

CAT/XAT/X-GMT

20.03 ( Lakh ) 

KIIT School of Management

49

CAT/MAT/KIITEE

9.53 ( Lakh ) 

IMI Bhubaneswar

62

CAT/XAT/CMAT

11.24 ( Lakh ) 

Birla Global University

Not Ranked

CAT/XAT/MAT

8.50 ( Lakh ) 

ASBM University

Not Ranked

CAT/MAT/CMAT

6.80 ( Lakh ) 

These institutes offer industry-aligned curricula and global exposure.

Fee Structure and Scholarships

Low Fees are the priority for some students, there are many students who looking for the Best MBA College with the fees they can afford.

In Bhubaneswar, the fee for MBA college courses ranges between ₹0.50 and ₹ 25 Lakhs. Public universities like Utkal University (~₹0.50 Lakhs) offer affordable fees, and private colleges like XIMB (~₹22 Lakhs )have higher charges. Scholarships are provided:

Government Colleges: Government colleges in one of the best choices for students who want to take admission in an MBA with low fees. Here, Merit students also get a scholarship. A student can attend any Government college.

Private Colleges: XIMB and KIIT offer merit-based scholarships (₹2-5 Lakhs at XIMB and up to one hundred percent for top rankers at KIIT).

Integrated MBA College: Both BGU and SOA provide the 5-year integrated MBA programs with fees around ₹7–10 Lakhs. 

Admission Process 

Eligibility: 

  •  Bachelor's degree from any recognized university with a score of 50 percent (45 percent for SC/ST) 

  • Acceptable scores include CAT/XAT/MAT/CMAT/OJEE or institute-specific tests like X-GMT and KIITEE. 

Process: 

  • Fill out and submit the application form online along with your verified documents and results of the stated entrance exams.

  • The shortlisted candidates go through a group discussion and a personal interview, along with a writing ability test (Entrance 60%, GD/PI 20%, Academics 20%).

  • Submit the required documents, including the 10th/12th marksheets and graduation certificate.

  • Direct admission is also possible at integrated MBA colleges like BGU in Bhubaneswar.

Placement Trends & Top Recruiters

Most of the reputed MBA colleges in Bhubaneswar have good placements:

XIM University: XIM University claims an Average package of ~₹20.03 LPA, one student who got the Highest package of ~₹32.21 LPA, and the Top Companies are Deloitte, ICICI Bank, Accenture.

KIIT School of Management: KIIT is one of the best universities in terms of placement, providing an Average of ~ ₹9.53 LPA, a Highest of ~ ₹23.50 LPA, and Recruiters: TCS, Wipro, EY.

IMI Bhubaneswar: IMI University is also in the list of best placement colleges. The university offers an average of ~ ₹11.24 LPA to top Recruiters like Infosys, Capgemini, and KPMG.

Utkal University: Utkal University also provides the best Placement package, Average ~4.50 LPA, Recruiters: SBI, HDFC Bank.

Bhubaneswar’s IT and finance industries are the main drivers for the high placement percentages.

How to Choose the Right College?

Their Are many MBA colleges in Bhubaneshwar. It depends on the student's requirements. All universities are good, but not in the same way, with different factors. Use This Checklist before taking admission in any Top MBA Colleges. Choose only when you are satisfied with your requirement.

Placement Needs:

- Focus on top-tier Colleges that claim the Best Placement package like XIMB (~₹20.03).

Return on Investment:

- Check the fees of the Courses and compare them with the Placement, then analyze the Return On Investment.  Utkal University College (~₹0.50 lakhs) has the best ROI.

College Accreditation:

- Check and confirm AICTE/UGC approved universities (ex., KIIT, IMI)

Specializations:

- Target fields for offered programs (ex., XIMB for Finance, SOA for Hospital Management).

Infrastructure:

- Ensure adequate facilities and experienced faculty.

Research guidance with NIRF ranked order, testimonials, and visits from the alumni discourse are encouraged for making decisions.

 

FAQ's

XIM University, NIRF Rank 46, with an average package of ~₹20.03 LPA.

 

Utkal University (~₹0.50 lakhs) and BJB College (~₹0.60 lakhs).

 

CAT, XAT, MAT, CMAT, OJEE, X-GMT, and KIITEE.

 

Yes, integrated MBA colleges in Bhubaneswar like BGU and SOA offer 5-year programs.

 

XIMB, with the highest package of ~₹32.21 LPA.

 

Finance, Marketing, HR, Business Analytics, and Hospital Management.

 
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