5 mins | Vaishali Pandey

Top MBA Colleges in Bhubaneswar

Bhubaneswar is home to over 80 top MBA colleges, 65 of which are privately managed and 7 operated by public or government institutions. The city's leading MBA colleges accept entrance exams such as OJEE, CAT, MAT, XAT, and CMAT. Notable institutions include SOA University, IMI Bhubaneswar, Xavier School of Rural Management, KIIT School of Management, Regional College of Management, and IMIS.

This blog talks about the following key points: 

1. What MBA colleges in Bhubaneswar can you target?

2. What entrance exam scores do MBA Colleges in Bhubaneswar accept, and are there any MBA colleges in Bhubaneswar without an entrance exam?

3. What are the placement offers at MBA Colleges in Bhubaneswar?

MBA Colleges in Bhubaneswar: Highlights 

Below is an overview of the essential details about MBA education in Bhubaneshwar:

Particulars/Statistics

Details

Number of MBA Colleges

80+

Annual Fees

INR < 1 lakh: 4 colleges

INR 1-2 lakh: 36 colleges

INR 2-3 lakh: 12 colleges

INR 3-5 lakh: 12 colleges

INR > 5 lakh: 17 colleges

Top Specialisations

Accepted Entrance Exams

CAT, MAT, CMAT, OJEE

NIRF Ranking of MBA Colleges in Bhubaneswar 

NIRF, or the National Institutional Ranking Framework, ranks higher education institutions in India using metrics like teaching standards, research contributions, graduation outcomes, and other key parameters. Here’s a detailed look at the top MBA colleges in Bhubaneshwar and their rankings.

Target more B-Schools to advance your career. Explore the best-rated and reputed PGDM Colleges in India. 

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MBA Colleges in Bhubaneswar: Admission & Eligibility Criteria

The admission process for MBA colleges in Bhubaneswar involves multiple steps to ensure a thorough evaluation of candidates. Here is a detailed breakdown of the process:

Eligibility Criteria

Details

Educational Qualification

Bachelor's degree or equivalent in any discipline from a recognised university with a minimum of 50% aggregate.

Entrance Exam Scores

Many MBA colleges in Bhubaneswar accept national-level exams such as OJEE, CAT, CMAT, or MAT. Candidates must meet the minimum cutoff scores set by the colleges.

Admission Process for MBA Colleges in Bhubaneswar

Let’s have a look at the admission process for MBA Colleges in Bhubaneswar: 

1. Academic Eligibility

Applicants must hold a bachelor’s degree in any discipline for at least three years and earn a minimum of 50% marks.

2. MBA Entrance Exam

Candidates are required to appear for an accepted MBA entrance exam and apply to their chosen institute.

3. Shortlisting

Shortlisting is based on entrance exam scores, academic achievements, and work experience.

4. GD-PI Round

Shortlisted candidates must participate in the Group Discussion (GD) and Personal Interview (PI) rounds.

5. Final Admission and Fee Payment

Upon receiving the final admission offer, candidates must pay the required fees within the specified deadline.

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Entrance exams for MBA Colleges in Bhubaneswar 

Students can get admission into the MBA Colleges in Bhubaneswar with the following test scores: 

Exam Name

Exam Date

OJEE 2024 Exam

June 2025

CAT Exam 

Nov '25

XAT Exam 

5 Jan '25

Familiarising yourself with the exam pattern is the first step towards acing these exams. Learn more about the CAT Exam Pattern and the XAT Exam Pattern in depth. 

MBA Colleges in Bhubaneswar Without Entrance Exam

Here are the MBA Colleges in Bhubaneswar that students can target without an entrance exam: 

College Name

Fees Structure (Rs)

Accepted Entrance Exams

KIIT School of Management

12.02 Lakh

CAT, XAT, MAT, CMAT, GMAT, KIITEE Management

Xavier School of Rural Management (XSRM)

15.10 Lakh

CAT, XAT, GMAT, X-GMT

International Management Institute (IMI Bhubaneswar)

9.99 Lakh

CAT, XAT, CMAT, GMAT

Sri Sri University

7.90 Lakh

Any MBA Entrance Exam

Birla Global University (BGU)

7.80 Lakh

Any MBA Entrance Exam

Asian School of Business Management (ASBM)

6.46 Lakh

Any MBA Entrance Exam

KIIT School of Rural Management (KSRM)

6.47 Lakh

Any MBA Entrance Exam

Astral Institute of Management Studies (AIMSBBSR)

6.00 Lakh

Any MBA Entrance Exam

Institute of Management and Information Science (IMIS)

5.10 Lakh

Any MBA Entrance Exam

Siksha ‘O’ Anusandhan University (SOA University)

5.36 Lakh

Any MBA Entrance Exam

If you are starting your journey to ace MBA entrance exams, knowing all about them is the first step. Check out the topics and tips for all MBA entrance exams in India

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Top MBA and PGDM Colleges in Bhubaneswar

Bhubaneswar is home to several MBA and PGDM colleges, catering to students with diverse career aspirations. Below is a detailed list of the top colleges offering these programs in the city.

Top Government MBA Colleges in Bhubaneswar

Government MBA colleges in Bhubaneswar are known for their affordability and quality of education. The following table highlights key details about these colleges:

College Name

Total Tuition Fee

Utkal University Admission

INR 50,000 – INR 2 lakh

Centre for Agri-Management Admission

INR 4 lakh

Rama Devi Women's University Admission

INR 49,000

NM Institute of Engineering and Technology Admission

INR 2 lakh

Private MBA colleges in Bhubaneswar

Private MBA colleges in Bhubaneswar offer world-class infrastructure, diverse specialisations, and excellent placement opportunities. The following table highlights key details about these colleges:

College Name

Total Tuition Fee

SOA University Admission

INR 2 lakh – INR 12 lakh

IMI Bhubaneswar Admission

INR 14 lakh

Xavier School of Rural Management Admission

INR 13 lakh

KIIT School of Management Admission

INR 9 lakh - INR 10 lakh

Xavier Institute of Management Admission

INR 19 lakh

Distance MBA Colleges in Bhubaneswar 

Distance MBA programs in Bhubaneswar are ideal for working professionals and students seeking flexible learning options. The following table highlights key details about these colleges:

College Name

Fees

Course

Utkal University DDCE, Odisha

INR 94,360

MBA (Distance Mode)

Asian School of Business Management, Odisha

Not specified

MBA (Distance Mode)

Xavier University, Bhubaneswar, Odisha

INR 50,900

MBA (Distance Mode)

Indira Gandhi National Open University (IGNOU), Bhubaneswar, Odisha

INR 37,800

MBA (Distance Mode), Specialisations: MBA Finance, MBA Operations, MBA Marketing, MBA HR

Sambalpur University Distance Learning, Odisha

INR 70,000

MBA (Distance Mode)

Fakir Mohan University Distance Learning, Odisha

INR 40,000

MBA (Distance Mode)

MBA Colleges in Bhubaneswar under BPUT

Here are MBA Colleges under BPUT (Biju Patnaik University of Technology):

College Name

Location

Course

First Year Fees

Placement Details

Gandhi Engineering College (GEC Autonomous)

Bhubaneswar, Odisha

MBA

₹4,10,000

Average Package: ₹33,00,000

Regional College of Management (RCM)

Bhubaneswar, Odisha

PG Diploma in Financial Management

₹8,50,000

Average Package: ₹12,88,000

Srusti Academy of Management (Autonomous)

Bhubaneswar, Odisha

MBA Finance

₹3,62,000

Average Package: ₹10,00,000

Krupajal Engineering College (KEC)

Bhubaneswar, Odisha

MBA/PGDM

₹15,10,000

Highest Package: Not Specified

No Collateral Required. Approval Based on Student Potential. Check Your Eligibility

Top Integrated MBA Colleges in Bhubaneswar

Some Colleges in Bhubaneswar provide an integrated MBA course where students can get done with their BBA and MBA in one course, they are: 

Placements in MBA Colleges in Bhubaneswar 

MBA colleges in Bhubaneswar are known for their strong placement records, with graduates securing roles in top companies across industries like finance, consulting, IT, and marketing. Here's an overview of placement opportunities in Bhubaneswar's top MBA colleges.

College Name

Annual Average Package

Total Tuition Fee

Xavier School of Rural Management MBA

INR 17 LPA

INR 13 lakh

IMI Bhubaneswar MBA

INR 12 LPA

INR 14 lakh

KIIT School of Management MBA

INR 8 LPA

INR 9 lakh - INR 10 lakh

Xavier Institute of Management MBA

INR 18 LPA

INR 19 lakh

SOA University MBA

INR 5 LPA

INR 2 lakh – INR 12 lakh

Asian School of Business Management

INR 5 LPA

INR 19 lakh

Birla Global University, Bhubaneswar

INR 8.43 LPA

INR 3 lakh

Sri Sri University Cuttack

INR 4.10 LPA

INR 2.50 lakh

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Highest Salary in MBA Colleges in Bhubaneswar 

Institutes like XIM University, IMI Bhubaneswar, and KIIT School of Management are known for securing the highest offers, often in sectors like consulting, IT, banking, and marketing. Below is an overview of the top salaries and prominent recruiters associated with these colleges.

College Name

Prominent Recruiters

Annual Average Package

IMI Bhubaneswar Placements

Amul, Axis Bank, KPMG, Deloitte, Dabur, etc.

INR 12 LPA

SOA University Placements

Accenture, Adani, Cognizant, EY, Amazon, etc.

INR 5 LPA

KIIT School of Management Placements

Khimji Ramdas LLC, TCS, ITC, Deloitte, Samsung, ICICI Bank, etc.

INR 8 LPA

Xavier Institute of Management Placements

Microsoft, Accenture, Amazon, PWC, etc.

INR 18 LPA

MBA Colleges in Bhubaneswar with Low Fees 

There are certain MBA Colleges in Bhubaneswar with low fees that students can target: 

Low-cost MBA Colleges

Fees

Rama Devi Women's University

INR 49,000

Utkal University

INR 50,000

Gopabandhu School of Hotel Management

INR 60,000

Gurukula Institute of Technology (GIT Bhubaneswar)

INR 80,000

Specialisations in MBA Colleges in Bhubaneswar

Specialisations in MBA Colleges in Bhubaneswar

Here are the specialisations that students can take up in the MBA Colleges in Bhubaneswar: 

No. of Colleges

Top Specialisations

32

Finance

32

Sales & Marketing

29

Human Resources

16

IT & Systems

15

Operations

MBA Colleges in Bhubaneswar: Cut-Offs

Check out the cut-off for various MBA Colleges in Bhubaneswar below: 

1. Cutoff for SOA University

Master of Business Administration (MBA) - SOA University

CAT Percentile Cut-Off (General-All India)

Overall

25

Quants

25

VA-RC

25

DI-LR

25

2. Cutoff for IMI Bhubaneswar

Section

2022

2023

Overall

70

70

Now that you know all about completing an MBA from the MBA Colleges in Bhubaneswar, it’s time you start thinking ahead about your course. 

Pursuing an MBA from abroad can help you get better opportunities and advance your career to new heights. If you are interested, check out this blog on MBA abroad for Indian Students 2025, the colleges, fees, and application process

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Particulars

Details

Max Loan Amount

50 Lakhs

Collateral 

Not Required

Moratorium

Available

Processing Time

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Disbursal Time

7 Days

Approval Rate

Higher than Other Banks

Special USP

Marks Based Approval

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Apart from knowing about MBA Colleges in Bhubaneswar, if you want to plan your finances for the course ahead, apply for an easy Propelld education loan today!

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Frequently Asked Questions

Are MBA colleges in Bhubaneswar recognised by national bodies?

Yes, most MBA colleges in Bhubaneswar are recognised by national bodies such as UGC, AICTE, and BPUT. Colleges like XIMB, IMI Bhubaneswar, and KIIT School of Management are also accredited by NAAC and other agencies.

Which MBA colleges in Bhubaneswar are known for affordable fees?

Some low-cost MBA colleges in Bhubaneswar include:Utkal University: Approx. INR 50,000Rama Devi Women's University: Approx. INR 49,000Gopabandhu School of Hotel Management: Approx. INR 60,000

What are the admission processes for distance MBA colleges in Bhubaneswar?

The admission process for distance MBA programmes generally involves:Online registration on the college portal.Submission of academic documents.Payment of the programme fee.Colleges like IGNOU and Utkal University Distance Education follow a streamlined online application process.

Do MBA colleges in Bhubaneswar offer scholarships?

Yes, many MBA colleges in Bhubaneswar provide scholarships based on academic merit, financial need, and entrance exam scores. For instance, KIIT School of Management and XIMB offer scholarships to deserving candidates.

What are the eligibility criteria for MBA admissions in Bhubaneswar?

The general eligibility criteria include:A bachelor's degree with at least 50% marks (45% for reserved categories).Scores from entrance exams like CAT, XAT, CMAT, or MAT (may not apply to some colleges offering direct admissions).‍

What is the duration of MBA programmes in Bhubaneswar?

The duration of regular MBA programmes in Bhubaneswar is 2 years, while integrated MBA programmes take 5 years. Distance MBA programmes typically follow a flexible timeline, allowing students to complete the course within 2 to 5 years.

How are the placements in MBA colleges in Bhubaneswar?

MBA colleges in Bhubaneswar offer excellent placement opportunities. For instance, XIMB provides an average package of INR 18 LPA, while IMI Bhubaneswar offers around INR 12 LPA. Recruiters include Microsoft, Amazon, Deloitte, and more.

What is the duration of MBA programmes in Bhubaneswar?

Top MBA and PGDM colleges in Bhubaneswar include Xavier Institute of Management Bhubaneswar (XIMB), IMI Bhubaneswar, KIIT School of Management, and SOA University. These institutes are known for their comprehensive PGDM and MBA programmes.

What are the top specialisations offered by MBA colleges in Bhubaneswar?

The popular specialisations include Finance, Sales & Marketing, Human Resources, Operations, and IT & Systems. Some colleges also offer niche areas like Rural Management and Business Analytics.

What is the average tuition fee for MBA colleges in Bhubaneswar?

The average tuition fee for MBA colleges in Bhubaneswar ranges between INR 50,000 to INR 14 lakh, depending on the college and programme type (government, private, or distance).