Top MBA Colleges in Bhopal 2024: Fees, Admissions, Placements & Rankings

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Piyush

Update at Apr 15, 2024, 5:34 am

Bhopal is the capital of Madhya Pradesh and one of the best cities for MBA education in central India. Many reputed colleges and universities offer MBA courses and PGDM courses as per the various specializations required by the students.

Bhopal is home to many prestigious universities and has most of the prestigious institutions in the country. There are 133 best MBA colleges in Bhopal. Of these, 98 universities are private, 7 are public/government institutions and 2 are public/private institutions.

Many of the best MBA colleges in Bhopal offer management courses in various fields to students. CMAT, MPMET, CAT, MAT, and XAT are some of the most accepted entrance exams for the best MBA colleges in Bhopal. Let’s talk about some of the best MBA colleges situated in Bhopal in detail. 

Top MBA Colleges in Bhopal: Highlights 2024

The MBA program is an academic program focused on management and marketing. This includes topics such as organizational behavior, marketing, management techniques, supply chain management, organizational management, and more. Major players for MBAs include Amazon, Apple, Bain and Company, Citigroup, Deloitte, Facebook, and Accenture.

Total MBA colleges

133

Privately owned MBA colleges

98

public/government-owned MBA colleges

7

Public-private owned MBA colleges

2

MBA Programs offered in Bhopal

  • Two-Year Full-Time MBA
  • One-Year Full-Time MBA
  • Part-Time MBA
  • Online MBA
  • International MBA
  • Executive MBA
  • Specialized MBA

Entrance Exams

  • Common Admission Test (CAT)
  • Xavier Aptitude Test (XAT)
  • Management Aptitude Test (MAT)
  • Common Management Admission Test (CMAT)
  • Graduate Management Admission Test (GMAT)
  • Madhya Pradesh Common Entrance Test (MP-CET)
  • NMIMS Management Aptitude Test (NMAT)
  • Jagran Lake University Entrance Test (JLUET)

MBA specializations

  • Business Analytics
  • Human Resources
  • International Business
  • Entrepreneurship Management
  • Finance
  • IT and systems
  • Marketing Management
  • MBA in Digital Marketing
  • Operations Manager
  • Product management
  • Supply chain

Top 10 MBA Colleges in Bhopal

The Master of Business Administration in Bhopal is a graduate degree with a focus on management. Today, the Bhopal MBA in Business Administration is a world-renowned master's degree. MBA colleges in Bhopal offer high-quality MBA education with the best placements. Let’s have a look at the top 10 MBA colleges in Bhopal.

S.NO

Institute

Name

Course

Fees

Exams Accepted

1

Indian Institute of Forest Management - [IIFM], Bhopal

  • MBA
  • PGDM

11,80,000

  • CAT
  • XAT
  • MAT
  • CMAT
  • GMAT

2

IES Group of Institutions - [IESGI], Bhopal

  • MBA
  • PGDM

-

CMAT

3

SRK University - [SRKU], Bhopal

  • MBA
  • PGDM

50,000

  • CAT
  • XAT
  • GMAT
  • MAT

4

Jagran Lakecity University - [JLU], Bhopal

  • MBA
  • PGDM

1,85,000

CAT

5

Trinity Institute of Technology & Research - [TITR], Bhopal

  • MBA
  • PGDM

92,000

MET Madhya Pradesh

6

Millennium Group of Institutes - [MGI], Bhopal

  • MBA
  • PGDM

78,000 - 1,10 000

MET

7

Shree Institute of Science & Technology - [SIST], Bhopal

  • MBA
  • PGDM

1,20,000

  • CAT
  • MAT
  • CMAT

8

Radharaman Engineering College - [REC], Bhopal

  • MBA
  • PGDM

78,000

  • CMAT
  • MP Vyapam

9

Sagar Institute of Science & Technology - [SISTec], Bhopal

  • MBA
  • PGDM

1,20,000

  • CAT
  • MAT
  • XAT
  • CMAT

10

Vidyasagar Institute of Management - [VIM], Bhopal

  • MBA
  • PGDM

1,00,000

MP Vyapam

Eligibility Criteria For Best MBA Colleges in Bhopal

Indian Institute of Forest Management - [IIFM], Bhopal

  • Eligibility Criteria
  • Bachelor's degree in any field with minimum 50% marks or equivalent CGPA.
  • 45% for Scheduled Caste (SC), Scheduled Tribe (ST) and Differently Abled (DA) candidates.
  • IIFM uses CAT/XAT/MAT/CMAT/GMAT scores to select candidates.
  • WAT and PI rounds will follow.​

IES Group of Institutions - [IESGI], Bhopal

  • Eligibility Criteria
  • Graduates from any UGC/AICTE recognized Indian University with 50% and 45% marks in SC, ST, OBC.
  • CMAT and counseling.​

SRK University - [SRKU], Bhopal

  • Eligibility Criteria
  • A minimum score of 50% is expected.
  • CAT/XAT/GMAT/MAT Entrance Tests Accepted by Universities.​

Jagran Lakecity University - [JKU], Bhopal

  • Eligibility Criteria
  • After 60% of the written test, a personal interview will be conducted.
  • Entrance tests approved by JLUET/CAT/MAT and other eligible entrance exams.​

Trinity Institute of Technology & Research - [TITR], Bhopal

  • Eligibility Criteria
  • Applicants must have completed a bachelor's degree.
  • Graduated from a recognized university with a grade of 50% or higher.
  • CET/CMAT/MAT/AMMI TCOER is affiliated to AMMI.​

Millennium Group of Institutes - [MGI], Bhopal

  • Eligibility Criteria
  • Graduation in any field with a minimum of 50% marks (45% for SC/ST/OBC) with Guidance, with a minimum of 3 years.
  • Minimum marks with 50% for the General category and 40% for OBC, SC and ST students.
  • Gain a valid score in MET.​

Shree Institute of Science & Technology - [SIST], Bhopal

  • Eligibility Criteria
  • Applicants must have a bachelor's degree in any field from a recognized university with an aggregate score of 50%.
  • Get valid marks in national-level management entrance tests like CAT, MAT, XAT, CMAT, etc.
  • The final selection will be based on applicants and entrance exam scores, followed by group discussions and personal interviews conducted by the research institute.​

Radharaman Engineering College - [REC], Bhopal

  • Eligibility Criteria
  • A bachelor's degree in a related field with an aggregate of 50%.
  • A valid MPMJET score.​

Sagar Institute of Science & Technology -  [SISTec], Bhopal

  • Eligibility Criteria
  • DTE recommendation based on CMAT (MBA) score of graduation exam with more than 50% in related subjects.​

Vidyasagar Institute of Management - [VIM], Bhopal

  • Eligibility Criteria
  • Bachelor's degree in any field with a minimum of 50% aggregate.
  • Applicants must take the CMAT entrance exam.

Admission Process For Top MBA Colleges in Bhopal

Every college has some or the other requirements that vary from university to university for an MBA degree. It is crucial to know the university admission process. Candidates who wish to get admission to the top MBA colleges in Bhopal must check the application form and admission process beforehand. The best MBA colleges in Bhopal include 98 private colleges and 7 public colleges. The best MBA colleges in Bhopal offer MBA courses in various disciplines like Marketing, Finance, HR, Marketing Management, etc. However, the main MBA requirements are as follows:

  • MBA Colleges in Bhopal have an admission that is based on academic excellence, and admission is sought in the best MBA Colleges in Bhopal, Madhya Pradesh.

  • State-level entrance exams and national exams like GMAT, CAT, MAT ATMA, NMAT XAT CMAT, etc decide the admission process in top MBA colleges in Bhopal.

  • Admission to MBA colleges in Bhopal is decided on the academic record of previous students including personal group interviews and entrance test scores.

Entrance Exams For Top MBA Colleges in Bhopal

 Common Admission Test is the most popular MBA entrance test in Bhopal. The majority of the best MBA colleges in Bhopal accept CAT qualifications. Apart from CAT, top MBA colleges in Bhopal also admit students through CMAT, MAT, XAT, etc. Shortlisted candidates will have to undergo group discussions or personal interviews for final selection.

CAT(Common Admission Test)

The Common Admission Test (CAT) is a nationally administered test for admission to MBA courses offered by 20 IIMs and over 1,200 B-schools in India. The CAT question paper has three sections: Verbal Fluency and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude.

Registration for CAT exams will start in the first week of August 2024.

XAT ( Xavier Aptitude Test )

Xavier Aptitude Test (XAT) is a national-level business administration entrance test conducted by XLRI, Jamshedpur for admission to MBA/PGDM programs. One of the toughest MBA entrance exams among its peers, XAT requires a lot of effort. The course is organized into four sections: Reasoning, Computing and Logical Reasoning, Quantitative Skills and Data Interpretation, and General Knowledge.

XAT 2024 registrations have been closed as the exam was held on 7th January 2024.

CMAT ( Common Management Admission Test )

Common Management Admission Test (CMAT) is a three-hour online test conducted by the NTA to assess a candidate's ability in areas such as quantitative skills, reasoning, language ability, general knowledge, creativity, and industry. All AICTE colleges accept CMAT marks. The CMAT exam pattern consists of 100 multiple-choice questions organized into five areas: Verbal Comprehension, Logical Reasoning, Quantitative Reasoning, General Intelligence, Innovation, and Entrepreneurship.

CMAT registration form will be available through online mode from the first week of February 2024.

GMAT ( Graduate Management Admission Test )

The Graduate Management Admission Test (GMAT) is a computer-based, computer-adaptive, multiple-choice test used worldwide for admission to business schools/business programs. It tests student's ability to analyze and evaluate quantitative and verbal material, think logically, and solve problems under time-limited conditions. Knowing how to think and analyze information correctly is the key to a good GMAT score.

GMAT registration closes in January 2024.

MAT ( Management Aptitude Test )

The Management Aptitude Test (MAT) is a national-level entrance test conducted by the Indian Management Association (AIMA) for admission to MBA/PGDM courses. The exam is held in multiple sessions over four sessions: February, May, September, and December. MAT exam is conducted in offline mode (PBT), online (computer-based testing, CBT), and remote mode (internet-based testing, IBT).

The MAT 2024 exam will be held four times in February, May, September, and December 2024. The deadline for submitting applications for the MAT 2024 is February 20.

MET Madhya Pradesh ( Madhya Pradesh Management Entrance Test )

Madhya Pradesh Management Entrance Test (MP MET) is a comprehensive entrance exam conducted by the Madhya Pradesh Professional Examination Board (MPPEB) for the state govt. This exam is conducted every year for admission to various government MBA colleges and private AICTE colleges in Madhya Pradesh. MP MET exam will be conducted in offline mode i.e. Paper and Pencil Test (PBT). This exam is restricted to Indian citizens only.

MP MET 2024 application form will be available from March 2024 onwards.

ATMA ( AIMS Management Admission Test )

The AIMS Management Admission Test (ATMA) is conducted by the Association of Indian Management Schools (AIMS) for admission to leading domestic and international management schools. Candidates should prepare for the test in three areas: Critical Thinking, Quantitative Skills, and Communication Skills. ATMA is a popular test that assesses the ability and analytical skills of business students.

ATMA 2024 registration for February opens on 11 February 2024. 

Top Private MBA Colleges in Bhopal

There are 133 best MBA colleges in Bhopal and out of those, 98 universities are private. These universities offer attractive features such as international connections, project-based learning, state-of-the-art facilities, and world-class collections. The rankings of these private MBA colleges in Bhopal are based on broad research parameters and are published through various reputable sources. Here is the tabular format of the best Private MBA Colleges in Bhopal including Fees, Admissions, Entrance Exams, and Eligibility Criteria.

S.NO

Private College

Fees

Entrance exams

Eligibility Criteria

1

Jagran Lakecity University - [JLU], Bhopal

1,00,000 - 3,40,000

  • MAT
  • CAT
  • JLUET

50%

2

Sagar Institute of Science & Technology - [SISTec], Bhopal

1,20,000

  • CAT
  • MAT
  • XAT
  • CMAT

50%

3

Rabindranath Tagore University [RNTU], Bhopal

1,20,000

AJEE

50% in all subjects (45% in SC/ST)

4

RKDF University, Bhopal

Rs. 1,00,000 

CMAT

10+2+3 and get a valid mark of at least 50% (45% reserved)

5

Institute of Professional Education and Research - [IPER], Bhopal

1,03,000

  • CAT
  • XAT
  • MAT
  • GMAT
  • ATMA
  • CMAT

(SC/ST and OBC - 45%) with the aggregate of 50% or more Along with GD and PI.

 

 Top Government MBA Colleges in Bhopal

There are 133 best MBA colleges in Bhopal and out of those 7 are public/government institutions. There are many factors while considering a government MBA college in Bhopal that combines quality education, cost, reputation, infrastructure, placements, diversity, and alumni network to make it an attractive option for students seeking an MBA degree. These government MBA colleges in Bhopal are well-known and have well-maintained facilities and a diverse student body, all of which contribute to a rich and dynamic learning environment. Let’s have a look at the Top Government MBA College in Bhopal.

S.NO

Government MBA Colleges

Fees

Entrance Exams

Eligibility Criteria

1

MAULANA AZAD NATIONAL INSTITUTE OF TECHNOLOGY - [MANIT], BHOPAL

1,00,000

  • CAT
  • CMAT

60%

2

SMS, Hyderabad

277,670

CAT

60%

3

National Institute of Agriculture Extension Management

8,75,000

CAT

50%

4

IIRM Hyderabad

9,50,000 (Total Fees)

  • CAT
  • MAT
  • XAT
  • GMAT
  • ATMA
  • CMAT
  • CET

50%

5

Osmania University College for Women

50,000

TSICET

Applicants must have a bachelor's degree. Admission criteria for TS ICET include educational qualification, age limit, qualifying exam score, etc.

Top MBA Colleges in Bhopal with Placement

Bhopal is a city in central India and the capital of Madhya Pradesh. The city is home to many famous companies. MBA schools in Bhopal offer various MBA specializations like Marketing, Healthcare, Banking, Computer Engineering, Marketing, etc. Every year these companies participate in the best MBA colleges in Bhopal placement process. Accenture, PwC, Amazon, Deloitte, HCL, TCS, and much more. They are one of the best companies in Bhopal that provides opportunities to MBA graduates. The average CTC offered by these companies is 15-20 lakhs.

Let’s look at the best placement MBA colleges in Bhopal.

S.NO

Institute Name

Highest Package

Average Package

Recruiters

1

Indian Institute of Forest Management - [IIFM], Bhopal

10,38,000

14,00,000

  • ESAF
  • Fincare Small Finance Bank
  • JK Paper Ltd

2

IES Group of Institutions - [IESGI], Bhopal

21,70,000

4,20,000

  • Amazon
  • Cognizant
  • IBM
  • Infosys
  • SAP
  • Wipro
  • Capgemini

3

SRK University - [SRKU], Bhopal

20,00,000

4,20,000

  • CISCO
  • Wipro
  • HCL
  • Flairsoft
  • HDFC Bank

4

Jagran Lakecity University - [JLU], Bhopal

43,00,000

5,10,000

  • TCS
  • Aditya Birla Group
  • 99 acres

5

Trinity Institute of Technology & Research - [TITR], Bhopal

9,00,000

4,00,000

  • IBM
  • Dell
  • Wipro,
  • CS
  • Samsung
  • HCL
  • Amazon
  • Microsoft.

FAQ (Frequently Asked Questions).


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