Top MBA Colleges in Bhubaneswar: Fees, Admission 2024, Cut-off, Placements

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Piyush

Update at Aug 1, 2024, 12:30 pm

Bhubaneswar is the capital of the state of Odisha and one of the capitals of eastern India. There are more than 80+ MBA colleges in Bhubaneswar offering postgraduate management courses in various specializations such as marketing, finance, human resources, operations and IT. The MBA program focuses on developing both hard and soft skills through a Mix of theoretical education and practical training. The program equips students with the knowledge and skills to assume leadership roles in the corporate world. Many colleges have established good relationships with large companies and provide students with opportunities for placement, guest lectures and internships.

Top MBA Colleges in Bhubaneswar: Highlights 2024

Top 10 MBA Colleges in Bhubaneswar

Admission Process for Top MBA Colleges in Bhubaneswar

Cut-off for Top MBA Colleges in Bhubaneswar

Top Government MBA Colleges in Bhubaneswar

Top Private MBA Colleges in Bhubaneswar

Placement For Top MBA Colleges in Bhubaneswar

ROI For Best MBA Colleges in Bhubaneswar

Top MBA Colleges in Bhubaneswar: Highlights 2024

The Best MBA Colleges in Bhubaneswar enjoy strong brand equity and continue to attract talent from across India. The experiential learning modules challenge students to apply classroom concepts to real-world business situations. The premier institutes like XIMB, KIIT, and IMI enjoy strong industry linkages that facilitate internships and placements in leading companies. The experienced faculty and Modern infrastructure provide the right environment for management aspirants to realize their career goals.

The table below captures the key facts about the Top MBA Colleges in Bhubaneswar:-

Total MBA Colleges	80+ Colleges
Private MBA Colleges	65 colleges
Government MBA Colleges	7 colleges
Annual Average Fees	INR 3,00,000 - INR 8,00,000
Accepted Exams	OJEE / CAT / MAT / XAT / CMAT
Accreditation	UGC / AICTE
Specialization Courses	Marketing Finance HR Operations IT
Top Recruiters	ITC TCS Infosys Wipro HDFC Bank

Top 10 MBA Colleges in Bhubaneswar

According to NIRF, Bhubaneswar has some of the most prestigious management institutes in India that rank amongst the top. The leading MBA Colleges in Bhubaneswar boast modern infrastructure, accomplished faculty, strong industry linkages, and an excellent placement record. Pursuing an MBA from these top-ranked colleges can significantly boost aspirants' careers. The excellent faculty, campus facilities, global exposure, and placements at these institutes provide the ideal environment for management aspirants to realize their career goals.

Below are the top 10 MBA Colleges in Bhubaneswar along with their Fees, Entrance Exams and other details:-

S.No	College Name	Category	Entrance Exams	Average Fees
1	SOA University	Private	XAT / CAT / CMAT	INR 10,00,000 - INR 12,00,000
2	IMI Bhubaneswar	Private	KIITEE / CAT / CMAT	INR 8,00,000 - INR 10,0,000
3	Xavier School of Rural Management	Private	XAT	INR 8,00,000 - INR 10,00,000
4	KIIT School of Management	Private	CAT / MAT / XAT / CMAT	INR 5,00,000 - INR 7,00,000
5	Xavier Institute of Management	Private	XAT / CAT / CMAT	INR 8,00,000 - INR 10,00,000
6	Utkal University	Government	OJEE / CAT / CMAT	INR 1,50,000 - INR 2,50,000
7	Rama Devi Women's University	Government	CAT / MAT / XAT / CMAT	INR 1,50,000 - INR 2,50,000
8	Odisha University of Agriculture & Technology	Government	OJEE / CAT / CMAT	INR 1,50,000 - INR 2,50,000
9	Centre for Agri-Management	Government	CAT / XAT / CMAT	INR 1,50,000 - INR 2,50,000
10	NM Institute of Engineering and Technology	Government	OJEE / CAT / CMAT	INR 1,50,000 - INR 2,50,000

Admission Process for Top MBA Colleges in Bhubaneswar

The premier MBA Colleges in Bhubaneswar like XIMB, KSOM, IMI, XUB, IBCS, and others follow a rigorous admission process to select the most deserving candidates.

Applicants are required to hold a bachelor's degree with a minimum of 50% marks.
They must appear for national-level entrance exams like CAT, XAT, and MAT which test quantitative ability, logical reasoning, and verbal skills.
High percentiles in these standardized tests are essential for shortlisting.
Further screening is done through Group Discussion and Personal Interview rounds that assess conceptual knowledge, communication proficiency, leadership potential, interests, and motivation.
The final admission decision is made by preparing a merit list based on applicants' scores in entrance tests, academics, work experience, and performance in GD/PI rounds.
The cut-off percentiles for exams like CAT, XAT, and CMAT vary across institutes.
While most colleges consider national-level test scores, some premier autonomous institutes have their own admission process and selection criteria.

The process identifies applicants with the aptitude, and potential to excel in a management career.

Popular Entrance Exam for MBA Colleges in Bhubaneswar

The common entrance exams accepted at the best MBA Colleges in Bhubaneswar are as follows:

CAT (Common Admission Test)

Registration Date: 1st August 2024
Last Date: 13th September 2024
Exam Date: 24th November 2024

CAT is the most widely accepted exam for admission to premier MBA Colleges in Bhubaneswar like XIMB, KSOM, IMI and XUB. CAT evaluates quantitative aptitude, data interpretation, logical reasoning and verbal ability through 100 multiple-choice questions. Over 2 lakh candidates appear for the CAT every year. CAT scores have 1-year validity only.

XAT (Xavier Aptitude Test)

Registration Date: 15 July 2023
Last Date: 10 December 2023
Exam Date: 7 January 2024

XAT is conducted by XLRI for admission to Xavier institutes of management. It is preferred by colleges like XIMB and XUB in Bhubaneswar. XAT assesses quantitative ability, decision-making, and verbal and logical skills through multiple-choice and essay-type questions.

CMAT (Common Management Admission Test)

Registration Date: 29th March 2024
Last Date: 18th April 2024.
Exam Date: 15th May 2024

CMAT is a national-level test by AICTE for admission to thousands of B-schools including top private colleges in Bhubaneswar. CMAT evaluates quantitative techniques, logical reasoning, language comprehension and general awareness via 100 MCQs.

MAT (Management Aptitude Test)

Registration Date: 5 Mar 2024
Last Date: March 5, 2024
Exam Date: 10 Mar 2024

MAT scores are accepted by B-schools like IBCS and Rama Devi Women's University. MAT examines intelligence, language, analytical and reasoning skills through 200 questions. It is conducted multiple times in a year by AIMA.

OJEE (Odisha Joint Entrance Exam)

Registration Date: 25 January, 2024
Last Date: 15 March, 2024
Exam Date: 24 April 2024

OJEE is conducted annually by the OJEE Board for admission to Government MBA colleges in Bhubaneswar like Utkal University, OUAT and others. It evaluates aptitude, mental ability, general knowledge and language skills.

The list of MBA colleges in Bhubaneswar with validity exams is mentioned below:-

S.No	Exams	Name of Colleges	Validity of Exam
1	CAT	SOA University IMI Bhubaneswar KIIT School of Management Utkal University Odisha University of Agriculture & Technology Centre for Agri-Management Rama Devi Women's University NM Institute of Engineering and Technology	1 year
2	XAT	SOA University Xavier School of Rural Management KIIT School of Management Xavier Institute of Management Rama Devi Women's University Centre for Agri-Management	1 year
3	CMAT	KIIT School of Management IMI Bhubaneswar Xavier Institute of Management	1 year
4	MAT	KIIT School of Management Rama Devi Women's University	1 year
5	OJEE	NM Institute of Engineering and Technology Utkal University Odisha University of Agriculture & Technology	1 year

Cut-off for Top MBA Colleges in Bhubaneswar

Admission to top MBA Colleges in Bhubaneswar is highly competitive and based on meeting prescribed cut-off criteria. The eligibility cut-offs broadly focus on graduation scores, performance in management entrance exams, and work experience requirements as highlighted below:

S.No	College Name	Graduation Cutoff	Accepted Entrance Exams	Exam Cutoff
1	SOA University	50% marks	CAT / XAT / MAT	80 percentile in CAT
2	IMI Bhubaneswar	50% marks	CAT / XAT	85 percentile in CAT/XAT
3	Xavier School of Rural Management	50% marks	XAT	75 percentile in XAT
4	KIIT School of Management	60% marks	CAT / XAT / CMAT	80 percentile in CAT/XAT
5	Xavier Institute of Management	55% marks	XAT	85 percentile in XAT
6	Utkal University	55% marks	OJEE	60 percentile in OJEE
7	Odisha University of Agriculture & Technology	60% marks	OJEE	65 percentile in OJEE
8	Centre for Agri-Management	55% marks	OJEE	60 percentile in OJEE
9	Rama Devi Women's University	60% marks	CAT / MAT	75 percentile in CAT
10	NM Institute of Engineering and Technology	65% marks	OJEE	70 percentile in OJEE

Top Government MBA Colleges in Bhubaneswar

Bhubaneswar has several leading government MBA colleges that provide management education at affordable costs. These institutes are funded and regulated by the state government of Odisha. The table showcases the MBA Colleges in Bhubaneswar with fee structure, intake, placements, eligibility and entrance exams of the top government MBA Colleges in Bhubaneswar.

S.No	College Name	Seats	Eligibility	Exams Accepted	Annual Fees
1	Utkal University	60	55% marks	OJEE	INR 30,000 - INR 50,000
2	Odisha University of Agriculture & Technology	100	60% marks	OJEE	INR 20,000 - INR 40,000
3	Rama Devi Women's University	60	60% marks	CAT / MAT	INR 10,000 - INR 30,000
4	Centre for Agri-Management	40	55% marks	OJEE	INR 15,000 - INR 30,000
5	NM Institute of Engineering and Technology	120	65% marks	OJEE	INR 50,000 - INR 1,00,000

Top Private MBA Colleges in Bhubaneswar

Bhubaneswar has several leading private MBA colleges that offer management programs with industry-relevant curricula, accomplished faculty, modern infrastructure and excellent placement support. The fees range from INR INR 5,00,000-INR 10,00,000 per annum across these premier institutes. Some of the top private MBA Colleges in Bhubaneswar are:

S.No	College Name	Seats	Eligibility	Exams Accepted	Annual Fees
1	SOA University	120	50% marks	CAT / XAT / MAT	INR 5,00,000-INR 7,00,000
2	Xavier Institute of Management	180	50% marks	XAT	INR 6,00,000-INR 8,00,000
3	KIIT School of Management	120	60% marks	CAT / XAT / CMAT	INR 5,00,000-INR 6,00,000
4	Xavier School of Rural Management	100	50% marks	XAT	INR 4,00,000-INR 5,00,000
5	IMI Bhubaneswar	240	50% marks	CAT / XAT	INR 8,00,000-INR 10,00,000

Placement For Top MBA Colleges in Bhubaneswar

The premier MBA colleges in Chubaneswar facilitate excellent placement opportunities for their graduates. Leading recruiters from IT, manufacturing, finance and consulting sectors hire talent from these institutes. The average salary package ranges from INR 4,00,000 Per Annum-INR 7,00,000 Per Annum, with the highest packages going up to INR 10,00,000 Per Annum. The table highlights the excellent placement records of the top MBA Colleges in Bhubaneswar listed across key parameters.

S.No	College Name	Average Salary	Highest Salary	Top Recruiters
1	IMI Bhubaneswar	INR 6,50,000 Per Annum	INR 9,00,000 Per Annum	Infosys Deloitte
2	Xavier Institute of Management	INR 6,00,000 Per Annum	INR 8,00,000 Per Annum	Wipro TCS
3	KIIT School of Management	INR 5,00,000 Per Annum	INR 7,00,000 Per Annum	TCS Cognizant
4	SOA University	INR 7,00,000 Per Annum	INR 10,00,000 Per Annum	Infosys IBM
5	Xavier School of Rural Management	INR 4,50,000 Per Annum	INR 6,00,000 Per Annum	NGOs Social Sector
6	Utkal University	INR 4,00,000 Per Annum	INR 5,00,000 Per Annum	Bharat Financial Inclusion Limited ICICI Bank
7	Odisha University of Agriculture & Technology	INR 3,50,000 Per Annum	INR 4,50,000 Per Annum	Agriculture Companies
8	Rama Devi Women's University	INR 3,00,000 Per Annum	INR 4,00,000 Per Annum	State PSUs
9	NM Institute of Engineering and Technology	INR 4,00,000 Per Annum	INR 5,00,000 Per Annum	Infosys TCS

ROI For Best MBA Colleges in Bhubaneswar

The premier private MBA Colleges in Bhubaneswar like IMI and Xavier Institute provide high ROI despite steep fees, as graduates recover costs within 2-3 years. The MBA Colleges in Bhubaneswar with fee structure like Utkal University and Odisha University of Agriculture & Technology have low fees of INR 30,000-1 Lakh per annum but facilitate decent placements, resulting in high ROI. The table summarises the high ROI scores of top MBA Colleges in Bhubaneswar list across private and government categories.

S.No	College Name	Average Fee	Average Salary	ROI Score
1	Utkal University	INR 50,000	INR 4,00,000 Per Annum	8.5
2	Odisha University of Agriculture & Technology	INR 30,000	INR 3,50,000 Per Annum	8.2
3	Rama Devi Women's University	INR 20,000	INR 3,00,000 Per Annum	7.9
4	Xavier Institute of Management	INR 8,00,000	INR 6,00,000 Per Annum	7.8
5	IMI Bhubaneswar	INR 10,00000	INR 6,50,000 Per Annum	7.7
6	KIIT School of Management	INR 6,00,000	INR 5,00,000 Per Annum	7.6
7	SOA University	8,00,000	INR 7,00,000 Per Annum	7.5
8	Xavier School of Rural Management	INR 5,00,000	INR 4,50,000 Per Annum	7.4
9	NM Institute of Engineering and Technology	INR 1,00,000	INR 4,00,000 Per Annum	6.9