Management Colleges In Bhopal

Top Management Colleges in Bhopal 2025 – Rankings, Fees, Admissions, ROI & More

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Tanya Verma

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Bhopal, a city in Madhya Pradesh, is known for its diverse range of colleges in various fields of management. There are approximately 6 top management institutes in Bhopal, out of which the Indian Institute of Forest Management, Institute of Professional Education & ResearcH, Rabindranath Tagore University, and Jagran Lakecity Business School, offer top-notch management programs of various specialisations like Forest Management, Sustainability Management, Sustainable Development, Development & Sustainable Finance, General MBA, Finance, Marketing, HR, IT and Rural Management.

Some of the most widely accepted entrances by these management institutes are CAT, XAT, MAT, CMAT, GMAT, ATMA, AJEE and CUET-PG. These colleges offer an excellent ROI, the average tuition fees is INR 1.20 Lakh – INR 11.8 Lakh with an average annual placement package of INR 1.2 LPA – INR 82 LPA.

Top Management Colleges in Bhopal Highlights 

Parameters

Details

No. of Top Management Colleges

Name of Top Management Colleges

Indian Institute of Forest Management, Institute of Professional Education & ResearcH, Rabindranath Tagore University, Jagran Lakecity Business School, Maulana Azad National Institute of Technology, Lakshmi Narain College of Technology (LNCT) Bhopal

Top Management Colleges Ownership

Public / Private

Exams Accepted

CAT, XAT, MAT, CMAT, GMAT, ATMA, AJEE (RNTU entrance exam), CUET (possibly for RNTU)

Specializations Offered

Forest Management, Sustainability Management, Sustainable Development, Development & Sustainable Finance, General MBA, Finance, Marketing, HR, IT, Rural Management

Average Fees

INR 1.20 Lakh  – INR 11.8 Lakh

Admission Process

Entrance-Based (CAT, XAT, MAT, CMAT, GMAT, ATMA, AJEE, CUET)

Placement Range

INR 1.2 LPA – INR 82. LPA


Top Management Colleges in Bhopal 2025 

Bhopal has many reputed public and private institutes that offer MBA/PGDM programs with a variety of specialisations. The Indian Institute of Forest Management (IIFM), which is an autonomous government institution and renowned for the area of environmental and forest management, has a great placement track record and is government-owned. 

The Institute of Professional Education & Research is a private management institute offering a management program with a reasonable fee structure, while offering decent placement packages.

RNTU, a private university recognised by UGC, offers management programs and a range of specialisations, including contemporary specialisations such as rural management. RNTU does have its own entrance exam, and accepts all national-level admissions tests. Check the table underlying for the summarised details of the top management offering colleges of Bhopal.

College Name

Fees Range

Courses Offered

Specialization Offered

Indian Institute of Forest Management (IIFM)

INR 11.8 Lakh (2 years)

PGDM

Forest Management, Sustainability Management, Sustainable Development, Development & Sustainable Finance

Institute of Professional Education & Research (IPER)

INR 2.04 Lakh(2 years)

PGDM

General Management 

Rajiv Gandhi Proudyogiki Vishwavidyalaya (RNTU)

INR 1.20 Lakh (2 years)

MBA / PGDM

Finance, Marketing, HR, IT, Rural Management (PG Diploma in Rural Management)

Maulana Azad National Institute of Technology (MANIT)

INR 3.88 lakh onwards

MBA

Finance


Top Management Colleges in Bhopal Eligibility Criteria

The eligibility criteria for pursuing the management programs from some of the above mentioned management colleges of Bhopal are as follows:

  • Graduation from a recognized university in any discipline with a minimum aggregate of 55% for general candidates and 45% for reserved category candidates.

  • Valid scores in national or state level entrance exams like CAT, XAT, MAT, CMAT, GMAT, ATMA for IIFM, IPER; AJEE, CUET, or equivalent for RNTU are also accepted.

  • Final year graduates can apply provisionally with a current proof of degree completion.

  • As for university specifications, a minimum CAT percentile 85 for admission at IIFM. Similarly the RNTU cutoffs and admission criteria depend on AJEE and other exam merit plus counseling performance.

List of Private Management Colleges in Bhopal

There are around 6 top management institutes in Bhopal out of which only the Institute of Professional Education & Research, Jagran Lakecity Business School, Jagran Lakecity University and the Lakshmi Narain College of Technology (LNCT) Bhopal and the Rabindranath Tagore University offer management specialisations. Some of the most widely accepted entrances by these colleges are CAT, MAT, XAT, CMAT, GMAT, ATMA and CUET-PG. These colleges are very affordable as compared to the metropolitan colleges and offer tuition fees ranging from INR 50,000 to INR 1.20 Lakh for the whole duration. Check the table below for a more detailed analysis.

College Name

Fees (Approx.)

Exams Accepted

Institute of Professional Education & Research (IPER), Bhopal

INR 2.04 Lakhs (2 years)

CAT, XAT, MAT, GMAT, ATMA, CMAT

Rabindranath Tagore University (RNTU), Bhopal

INR 50,000 – INR 1.20 Lakh (2 years)

AJEE (AISECT Joint Entrance Exam), CAT, MAT, CUET (possibly)

Jagran Lakecity Business School, Jagran Lakecity University

INR 3.7 lakh

CAT, CMAT, or JLU Online entrance exam 

Lakshmi Narain College of Technology (LNCT) Bhopal

INR 1.38 lakh

CAT, MAT


Government/Semi-Govt. Management Colleges in Bhopal

There are only 2 top government management institutes offering management courses which is the Indian Institute of Forest Management, offering management programs in various specialisations like Forest Management, Sustainable Development, Sustainability Management and Development & Sustainable Finance. Some of the accepted exams by IIFM are CAT, XAT, MAT and CMAT. A candidate needs to score well and achieve a minimum of 85 percentile in CAT, to get admission. Check the underlying table for more insights. 

College Name

Fees

Exams Accepted

Expected Cutoff

Indian Institute of Forest Management (IIFM)

INR 11.8 Lakh

CAT, XAT, MAT, CMAT

CAT cutoff minimum 85 percentile

Maulana Azad National Institute of Technology (MANIT)

INR 3.88 lakh onwards

CAT, MAT, CMAT

CAT 95 


Top Management Colleges in Bhopal Fee & Salary

The top management colleges in Bhopal offer a decent ROI. The Maulana Azad National Institute of Technology (MANIT) has the highest ROI soaring up to INR 82 LPA and an average annual package of INR 15.6 LPA over tuition fees of INR 1.89 Lakhs The college also offers a 100% placement. Go through the table below to know more about the other management colleges:  

College Name

Fees (INR  Lakhs)

Average Salary (LPA)

Highest Salary (LPA)

Placement Rate & ROI

Indian Institute of Forest Management (IIFM)

11.8

10.38

20.50

100% placement, High ROI

Institute of Professional Education & Research (IPER)

2.04

3 – 6

8.46

Moderate ROI

Rabindranath Tagore University (RNTU)

1.20

~1.2 – 5 (varies)

~2.5 (conservative) to 10 (university high)

Placement varies; overall median package ~5.28 LPA (2022 data)

Maulana Azad National Institute of Technology (MANIT)

1.89 

15.6 

82 

Very High ROI

Lakshmi Narain College of Technology (LNCT) Bhopal

1.38

3.5-5.5 

12-16

Very High ROI

Jagran Lakecity Business School

3.7

4.2-5.20 

14.2-15

Very High ROI


Management Admission Process in Bhopal Colleges 

The admission process to one of the management colleges of Bhopal is as follows:

Step 1: Candidates must hold a recognised bachelor's degree in any discipline from a recognised institute with 50 percent overall marks for general category applicants and 45 percent for reserved categories. Final year students can apply provisionally. However, they will need to provide a provisional degree certificate by the date of admission.

Step 2: The candidates need to qualify for the chosen entrance examination, like CAT, GMAT, or ATMA. Some universities like Rabindranath Tagore University also mandate AJEE and CUET in terms of national-level examinations.

Step 3: Head over to the official website of the management college chosen. Register and fill out the online application, including the personal details, educational details, entrance exam, etc., in detail. Next, pay the application fee for the application process. Ensure to submit the application beforehand to avoid missing the deadline. 

Step 4: Institutes will shortlist candidates based on their entrance exam scores.  For instance, specifically for IIFM, shortlisted candidates would be called for a Written Ability Test (WAT) and a Personal Interview (PI). 

Step 5: The WAT evaluates the candidates in verbal ability, logical and analytical reasoning, quantitative aptitude, and environmental sustainability awareness for IIFM. The PI evaluates candidates' competency in communication, domain knowledge, motivation, and personality.  The relative weightage for admission into IIFM is considered to be as follows:

Entrance Exam Score (50%)

WAT (20%) 

PI (30%) 

Step 6: The final merit list shall be prepared based on composite scores comprised of entrance exam score, WAT and PI. Candidates will receive admission offers through an offer letter. 

Step 7: Selected candidates are required to pay the admission fees by the specified date and verify documents before the admission is confirmed.

Step 8: Waitlisted candidates will be eligible for admission in the next round if there are any vacancies after the first iteration.

Frequently Asked Questions

Q1. Which management college in Bhopal offers the best ROI?

The Maulana Azad National Institute of Technology in Bhopal has the best ROI.

Q2. Can I get admission in management programs of Bhopal without an entrance exam?

Most of the management programs of Bhopal accept CAT as a common entrance exam.

Q3. Which management college accepts CAT?

Most the of the management colleges like Indian Institute of Forest Management, Institute of Professional Education & ResearcH, Rabindranath Tagore University accept CAT

Q4. What is the average package of the Indian Institute of Forest Management in Bhopal?

The average package of the Indian Institute of Forest Management in Bhopal is INR 10.38 LPA.

Q5. How are the placements of Bhopal management courses?

The management colleges of Bhopal offers placements from top recruiters like Ernst & Young, IDFC First Bank, JK Paper Limited, ReNew Power, Fincare Small Finance Bank, Birla Estates and NAFED.

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Chirayu University, Bhopal

Bhopal| UGC Approved| Private