Bhopal, which is located in the central part of India, as the capital of Madhya Pradesh, caters to over 130 Bhopal MBA colleges. The city's IT, manufacturing, and pharmaceutical industries have been growing remarkably. The place to live is peaceful, and the city has developed employment opportunities. The best MBA colleges in Bhopal are UGC/AICTE-approved approved which offer subsidized programs in Finance, Marketing, and HR specializations. Bhopal has a spectrum of government institutes, private B-schools, and management education, which fuel diverse ambitions. This makes Bhopal a hot place for education aspirants who want to get their MBA.
The top 10 MBA colleges in Bhopal, based on NIRF 2024 rankings and reputation, are:
|
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Package (₹ LPA) |
|
IIFM Bhopal |
39 |
CAT/XAT |
|
|
MANIT Bhopal |
80 |
CAT/CMAT |
|
|
Barkatullah University |
Not Ranked |
CMAT/MPMET |
|
|
Jagran Lakecity Business School |
Not Ranked |
CAT/MAT/XAT |
|
|
LNCT Bhopal |
Not Ranked |
CAT/MAT/CMAT |
|
|
IPER Bhopal |
Not Ranked |
CAT/MAT/CMAT |
|
|
SAGE University |
Not Ranked |
CAT/MAT |
|
|
IES College of Technology |
Not Ranked |
CMAT/MAT |
|
|
Rabindranath Tagore University |
Not Ranked |
CAT/MAT |
|
|
VNS Business School |
Not Ranked |
CMAT/MAT |
These are the List of MBA government colleges in Bhopal that offer affordable education and strong ROI:
|
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Package (₹ LPA) |
|
IIFM Bhopal |
39 |
CAT/XAT |
8.30 |
|
MANIT Bhopal |
80 |
CAT/CMAT |
7.39 |
|
Barkatullah University |
Not Ranked |
CMAT/MPMET |
4.50 |
|
Atal Bihari Vajpayee Hindi Vishwavidyalaya |
Not Ranked |
Merit |
3.50 |
|
Makhanlal Chaturvedi National University |
Not Ranked |
Merit |
3.80 |
These colleges are ideal for cost-effective, credible education for students.
Top private MBA colleges in Bhopal provide modern facilities and placements
|
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Package (₹ LPA) |
|
Jagran Lakecity Business School |
Not Ranked |
CAT/MAT/XAT |
6.50 ( Lakh ) |
|
LNCT Bhopal |
Not Ranked |
CAT/MAT/CMAT |
9.60 ( Lakh ) |
|
IPER Bhopal |
Not Ranked |
CAT/MAT/CMAT |
5.50 ( Lakh ) |
|
SAGE University |
Not Ranked |
CAT/MAT |
5.00 ( Lakh ) |
|
IES College of Technology |
Not Ranked |
CMAT/MAT |
4.50 ( Lakh ) |
These institutes offer industry-aligned programs and robust placement support.
|
College Name |
MBA Fees |
|
IIFM Bhopal |
7.80 ( Lakh ) |
|
Manit Bhopal |
2.24 ( Lakh ) |
|
Barkatullah University |
1.00 ( Lakh ) |
|
Jagran Lakecity Business School |
4.30 ( Lakh ) |
|
LNCT Bhopal |
2.00 ( Lakh ) |
|
IPER Bhopal |
2.50 ( Lakh ) |
|
SAGE University |
2.60 ( Lakh ) |
|
IES College of Technology |
1.50 ( Lakh ) |
|
Rabindranath Tagore University |
1.80 ( Lakh ) |
|
VNS Business School |
1.20 ( Lakh ) |
Students require A Bachelor’s Degree from any UGC recognized University with 50% marks. For SC/ST, it is 45%. Score in CAT/MAT/CMAT/XAT or MPMET. Some colleges also offer admission in merit.
To apply online, candidates must have scores from the entrance exams or their academic transcripts. With GD/PI rounds, exam scores carry 60% weight, 20% to GD/PI, and 20% to academics. Candidates must submit documents like 10th to 12th mark sheets and graduation, ID proof.
Some top MBA colleges in Bhopal require a written entrance exam, for example, IIFM or MANIT. Some private colleges have a no-exam admission policy.
These are the Best MBA colleges in Bhopal that have good placement records.
IFIM Bhopal: Average ~ IFIM University Bhopal claims an average placement package of ₹8.30 LPA with SBI and ICICI Bank as common recruiters.
LNCT Bhopal: Average ~ The university provides an average package₹9.60 LPA and the highest ~₹24 LPA with recruiters like Deloitte and TCS.
Bhopal MANIT: ~ Bhopal MANIT is also in the list of colleges that claim best placement records, like average ₹7.39 LPA, in top recruiters like Amazon, Infosys.
Jagran Lakecity: ~₹6.50 LPA, recruiters: Walmart, Reliance.
Finance, IT, and Marketing fields are being advanced by the growing industries in Bhopal.
Choosing the Right College can be difficult for students. Follow this checklist for choosing the right college.
Checklist:
Placements: Consider placement records of colleges like LNCT University claims one of the best records (with ~₹9.60 LPA).
Fees vs. ROI: Check the Fees of MBA and Compare It with university placement, then calculate the fees vs Return on investment. Barkatullah University (~₹1 lakh) is good in ROI.
Accreditation: Check. The university is recognized by AICTE/UGC.
Specializations: IIFM is good for career goals towards Sustainability.
Infrastructure: Facilities within the campus, alongside witnessing the industry, are essential.
Making campus visits, alongside looking at alumni reviews, makes decision-making easier.
Which is the best MBA college in Bhopal?
Bhopal IIFM, NIRF 39, and ~₹8.30 LPA Packaged Average.
What are the cheapest options for an MBA?
Barkatullah University (~₹1 lakh), VNS Business School (~₹1.20 lakhs)
Which government MBA colleges are best?
Top-tier MBA government colleges in Bhopal, IIFM, and MANIT.
What are the MBA college in Bhopal fees?
Offered with a range of ₹1–7.80 lakhs.
Which college offers the best placements?
Best in placements is LNCT Bhopal with ~₹9.60 LPA.
What specializations are available?
Focusing on Finance, Marketing, HR, Sustainability, and General Management.
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