MBA Colleges

8 Best MBA Colleges In Bhubaneswar 2024

MBA Colleges In Bhubaneswar

If you want to start your MBA studies in the heart of Bhubaneswar, you can explore MBA Colleges In Bhubaneswar that are dedicated to preparing future business leaders.

MBA is a postgraduate degree program that offers advanced business and management training. Bhubaneswar, the capital of Odisha state, has become one of India’s leading centers for education. This “Temple City” is a popular destination for prospective MBA graduates looking for promising careers in the business field due to its booming IT sector.

In Bhubaneswar, there are 85 top Master of Business Administration (MBA) colleges. If you are considering other cities, you can also check out the best MBA colleges in Kolkata, a major educational hub in eastern India. You can choose from a variety of renowned MBA colleges in Bhubaneswar that offer excellent MBA programs and connections with the industry. This article compares the top 8 MBA colleges in Bhubaneswar, providing details on each college’s specialties to help you make the best decision.

Eligibility Requirements to Get Admission to top MBA colleges in Bhubaneswar?

The general eligibility requirements for admission into top MBA colleges in Bhubaneswar are mentioned here:

  • Degree Requirement: Admission to MBA colleges in Bhubaneswar requires a bachelor’s degree in any field, or equivalent qualification from a recognized university or institute. The minimum percentage of marks required is generally 50% in aggregate, with some exceptions for SC or ST candidates.
  • Entrance Exams: Several MBA colleges in Bhubaneswar take into account the results of national entrance exams like OJEE, CAT, CMAT, or MAT. Candidates are required to achieve the minimum cutoff score set by each college.
  • Work Experience: Some B-schools may consider work experience during the selection process. Written Aptitude Test (WAT), Group Discussion (GD), and Personal Interview (PI) may be required to evaluate the motivation, soft skills, and communication skills of shortlisted candidates.

Entrance Exams Accepted by Top MBA Colleges in Bhubaneswar

There are several entrance exams accepted by top MBA schools in Bhubaneswar for admission to their programs. The most widely accepted entrance exams are the following:

  • CAT: The Indian Institute of Management (IIM) conducts this national entrance exam. A strong CAT score is considered the standard for admission into the best B-schools in India, including Bhubaneswar.
  • XAT: Another preferred exam for MBA aspirants is the XAT exam which is conducted by Xavier Institute of Management, Bhubaneswar (XIMB). It is famous for its emphasis on decision-making abilities and a specific question format.
  • MAT: All India Management Association (AIMA) conducts the national-level entrance exam. It is administered more frequently than CAT and XAT. It offers multiple testing windows throughout the year, giving candidates flexibility in their choice.
  • CMAT: The National Testing Agency (NTA) conducts this entrance test at the national level. For those who aspire to become an MBA student and get admission into any of the many B-schools in India including Bhubaneswar, CMAT is an excellent option.
  • OJEE: The Government of Odisha conducts this state-level entrance exam for candidates seeking admission to postgraduate professional programs in the state, including MBA programs. Getting a high OJEE score can make it easier to get admission into some of the best private and public MBA colleges in Bhubaneswar.
  • ATMA: Some MBA colleges based in Bhubaneswar accept this entrance exam as a requirement for admission. It evaluates the candidate’s ability in multiple domains, such as analytical, verbal, and numerical. ATMA result is an important exam for MBA aspirants as many reputed B-schools in Bhubaneswar use it as a criterion for admission.

List of 8 Best MBA Colleges In Bhubaneswar in 2024

1. IMI Bhubaneswar, International Management Institute

IMI Bhubaneswar, International Management Institute
IMI Bhubaneswar, International Management Institute

Key Information

  • Type: Private business school
  • Established: 2011
  • Approved by: AICTE, NBE
  • Rank: 67th among top management institutes of India by NIRF Ranking 2023
  • Accepted Entrance Exams: CAT, XAT, CMAT, GMT
  • MBA/PGDM 2 Courses Tuition Fees: 2 lakh – 9.2 lakh
  • Admissions: The admission form is available for the PGDM program 

If you are looking for a prestigious management program in India, IMI Bhubaneswar is a good option. Although IMI Bhubaneswar does not offer an MBA program, it offers a prestigious PGDM program which is equivalent to an MBA. IMI is a relatively new institute established in 2011 and has quickly gained a solid reputation. Students who complete the two-year PGDM program will be well-prepared for success in the business world. 

With an average annual salary of over Rs 12 lakh, IMI Bhubaneswar has a placement rate of 100%. Despite costing more than some other options, IMI Bhubaneswar’s connections and reputation can be a huge benefit to your career. 

2. SOA University

Key Information

  • Type: Private deemed university 
  • Established: 1996
  • Accredited by: NAAC, ABET, NBA, NABH, NABL
  • Rank: 1001-1200 by the QS World University Rankings 2023
  • Accepted Entrance Exams: CAT, MAT, OJEE, SAAT, XAT
  • MBA/PGDM 4 Courses Tuition Fees: 1.8 lakh – 9 lakh
  • Admissions: OJEE 2024 exam will be conducted from 6th May 2024 to 10th May 2024

One of the best MBA colleges in Bhubaneswar, SOA University offers a renowned MBA program. The program is well-known for its industry-aligned approach and comprehensive curriculum. Students who complete SOA University’s MBA program will have a strong foundation in business principles, management techniques, and innovation.  

The MBA program emphasizes developing leadership skills and strategic thinking. The faculty of this MBA college in Bhubaneswar comprises academics and experienced professionals who mentor students through projects and case studies from the real world, ensuring that theoretical knowledge is applied in the real world. To improve practical insights, the institute emphasizes experiential learning and encourages internships and industry exchanges.

3. KIIT School of Management (KSOM)

KIIT School of Management (KSOM)
KIIT School of Management (KSOM)

Key Information

  • Type: Private business school
  • Established: 1993
  • Accredited by: NBA
  • Rank: 17th best B-school in India by Times B School Ranking 2024
  • Accepted Entrance Exams: CAT, MAT, CMAT, KIITEE, XAT
  • MBA/PGDM 3 Courses Tuition Fees: 10.3 lakh
  • Admissions: KIITEE 2024 exam will be conducted from March 27, 2024, to March 31, 2024

KIIT School of Management (KSOM) is a well-known private business school, that offers business administration degrees at the bachelor’s and master’s levels with concentrations in operations and supply chain management, and business analytics. Known for its industry-focused curriculum, approximately 40% of the faculty at this MBA college in Bhubaneswar comes from prestigious universities and IIMs. 

With a reported average package of 9 LPA and a maximum package of over 20 LPA, the business school is said to offer strong placement facilities. For individuals looking for comprehensive business education with real-world experience, KSOM is a great choice.

4. Xavier Institute of Management, Bhubaneswar (XIMB)

Key Information

  • Type: Jesuit business school
  • Established: 1987
  • Accredited by: NBA
  • Rank: 46th in management category by NIRF Ranking 2023 
  • Accepted Entrance Exams: CAT, X-GMT, XAT
  • MBA/PGDM 1 Course Tuition Fees:19.3 lakh
  • Admissions: XAT results 2024 have been announced for MBA admission. Check the college website regularly for updates

Established in 1987 Xavier Institute of Management, Bhubaneswar (XIMB) is one of the top-ranked business schools in India. It is renowned for its high-quality management education, which emphasizes social responsibility and ethics in addition to academics. 

With an excellent placement record, the MBA college in Bhubaneswar offers a number of MBA programs, including its flagship MBA-BM program. As one of the top B-schools in the country, XIMB is a highly preferred choice for aspiring business professionals in India.

5. Centurion University of Technology and Management (CUTM)

Centurion University of Technology and Management (CUTM)
Centurion University of Technology and Management (CUTM)

Key Information

  • Type: Private institute
  • Established: 2010
  • Accredited by: NAAC
  • Rank: 151 overall ranking among 200 colleges in India in 2021 by NIRF 
  • Accepted Entrance Exams: OJEE, CUET-PG, CUEE
  • MBA/PGDM 3 Courses Tuition Fees: 4.2 lakh
  • Admissions: OJEE 2024 exam will be conducted from 6th May 2024 to 10th May 2024

This is another MBA college in Bhubaneswar which is a private institute serving a range of fields. CUTM was established in 2010 and has A-grade NAAC accreditation. Undergraduate, graduate, and doctoral degrees are available at CUTM in many disciplines including engineering, technology, management, agriculture, pharmacy, and others. Its main campus is located in Bhubaneswar, and it also maintains campuses in Paralakhemundi and Visakhapatnam.

6. Birla Global University (BGU)

Birla Global University (BGU)
Birla Global University (BGU)

Key Information

  • Type: Private university 
  • Established: 2015
  • Recognized By: UGC, BCI
  • Rank: 163 overall ranking among 171 colleges in India in 2023 by NIRF 
  • Accepted Entrance Exams: CAT, CLAT, AILET
  • MBA/PGDM 2 Courses Tuition Fees: 8 lakh
  • Admissions: MBA admissions 2024 are open

The two-year full-time MBA program offered by Birla Global University (BGU) aims to give students the capabilities and knowledge required to excel in the business world. The curriculum of this MBA college in Bhubaneswar covers many management subjects, such as operations, marketing, finance, and human resource management. 

BGU’s program is well-known for its industry-centric approach that emphasizes real-world application of business concepts. Through industrial projects and internships, students get practical experience that helps them advance in their careers.

7. ODM Business School

Key Information

  • Type: Private business school 
  • Established: 2009
  • Approved by: AICTE
  • Rank: Ranked among the top business schools of Bhubaneswar
  • Accepted Entrance Exams: CAT, CMAT, MAT, OJEE, XAT, ATMA
  • MBA/PGDM 2 Courses Tuition Fees: 4.6 lakh to 4.9 lakh 
  • Admissions: OJEE 2024 exam will be conducted from 6th May 2024 to 10th May 2024

ODM Business School is a prestigious business school in Bhubaneswar established in 2009. It offers a PGDM program that has been approved by AICTE. It emphasizes industry preparation and practical learning. Specialization in marketing, finance, logistics management, and other areas is available to students.  

ODMBS also has a solid placement record, with the highest package so far-reaching 10.34 LPA and the latest batch achieving an average package of 5.28 LPA. This business school also offers integrated programs that combine PGDM with certifications in business analytics and digital marketing.

8. Amity Global Business School, Bhubaneshwar 

Amity Global Business School, Bhubaneshwar
Amity Global Business School, Bhubaneshwar

Key Information

  • Type: Private business school 
  • Established: 2004
  • Recognized by: UGC
  • Rank: Ranked among the top 10 business schools in India in 2020
  • MBA/PGDM 1 Course Tuition Fees: 5.3 lakh 
  • Admissions: Admissions 2024 are open to MBA course

Established in 2004, Amity Global Business School (AGBS) in Bhubaneswar offers undergraduate and graduate business management courses. The school is dedicated to preparing future business leaders and offers a holistic industry-focused curriculum that combines theoretical knowledge with real-world insight. 

Experienced teachers, focus on holistic education and excellent placement prospects are the hallmarks of AGBS Bhubaneswar. With over 1200 placements, this MBA college in Bhubaneswar attracts companies like HDFC Bank, Reliance, and Airtel.

FAQs

1. What are the average fees for MBA programs in Bhubaneswar?

Fees for MBA programs in Bhubaneswar can vary depending on the college, program specialization, and other factors. Generally, the fees for the entire MBA program range between 3 lakh to 19 lakh.

2. What specializations are offered in MBA programs in Bhubaneswar?

MBA colleges in Bhubaneswar offer a wide variety of specializations, including, finance, marketing, human resource management, information technology, international business, operations management, and many more.

3. Is the CAT entrance exam compulsory for MBA?

While CAT is a widely accepted entrance exam for MBA programs in India, CAT is not the only requirement for admission to MBA schools in India. Exams like GMAT, XAT, or MAT are taken into account by many business schools.

Additionally, some institutions may use interviews, work experience, and academic records in addition to entrance exams. Hence, even though some universities require the CAT, MBA candidates have a variety of academic options.

4. Do MBA colleges in Bhubaneswar offer placements?

Yes, most of the reputed MBA colleges in Bhubaneswar have dedicated placement cells that help students find jobs after graduation.

Conclusion 

MBA colleges in Bhubaneswar hold great importance for aspiring business leaders. These colleges provide holistic management education, giving students the knowledge and skills needed to succeed. The city has many career opportunities thanks to established industries and an expanding IT sector.  

Furthermore, MBA colleges have excellent industry connections making job placements with leading companies possible. With an emphasis on accessibility and high-quality instruction, earning an MBA from Bhubaneswar can be a wise professional decision that propels you into leadership roles.

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