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

Looking for a quality MBA at one of the top MBA colleges in Bhopal? The capital city of Madhya Pradesh hosts some of the best universities and colleges that offer world-class MBAs for students to excel in their business management journey. From quality academics to industry exposure and student-faculty ratio to excellent placement opportunities, top MBA colleges in Bhopal have got it all. Government institutions like IIFM and MANIT top the list with the best placement packages and return on investment. On the other hand, leading private institutions such as VIT and LNCT also have an impressive return on investment and offer a quality MBA. Most of the top MBA colleges in Bhopal accept national-level entrance exams such as MAT, CAT, and CMAT with specialisations in areas like finance, human resources, marketing, and operations.

Top MBA Colleges in Bhopal Highlights 2025

There are over 110 MBA colleges in Bhopal, with over 96 private colleges, 7-8 government colleges, and 2-3 public MBA colleges. With more than 35 premium institutes offering a wide variety of MBA specialisations, Bhopal has now become an evolving centre for quality management education. Candidates can choose from colleges based on their preferences and budget. Here’s an overview of the top MBA colleges in Bhopal that offer AICTE-approved programs. With the details shared below, candidates looking to pursue an MBA in Bhopal can take a snapshot of what they can expect while exploring business colleges in Bhopal.

MBA Colleges in Bhopal with Business Today Rankings

The Business Today rankings are the most recent published rankings of business schools from all across the country. MBA aspirants in Bhopal must consider this ranking while considering business schools in Bhopal. Jagran Lakecity Business School, Jagran Lakecity University, Lakshmi Narain College of Technology (LNCT) Bhopal, and Sagar Institute of Science and Technology were featured in the list with scores of 490.9, 419.9, and 402, respectively.

MBA Admission Process in Bhopal 2025

Whether the candidate chooses to apply to a government or a private college, the admission process in Bhopal broadly remains similar. In Bhopal, the admissions process begins with checking the eligibility, applying for the competitive exams, and passing through institute-level assessments. 

Take a look at the step-by-step guide on how to apply for the top MBA colleges in Bhopal. 

Step 1 - Candidates must check the target college’s eligibility criteria, such as:

• Bachelor’s degree in any discipline.

• 50% aggregated minimum marks in UG.

• People of any age can apply.

• 40-45% marks are required for special categories like OBC, SC, and ST.

Step 2 - Students must appear for state level entrance exams or national level. Some colleges conduct their own entrance exam, like:

• Lakshmi Narain College of Technology (LNCT)

• Jagran Lakecity Business School

• Jagran Lakecity University

Step 3 - Fill in the admission form on the official website of the target college and upload the required documents carefully.

Step 4 - Pay the application fee as mentioned on the admission portal of the website. 

Step 5 - Based on the academic scores and entrance exam results, the college further shortlists candidates for the group discussion round, a personal interview.

Step 6 - Keep checking the official portal of the colleges applied for to check the merit list. 

Step 7 - If shortlisted, the candidate will receive an offer letter from the college along with a deadline to confirm the offer and pay the admission fees. Additionally, there may be some documents required to be submitted by the candidate along with the fees. 

MBA Entrance Exam Schedule 2025

The admission to top business schools in Bhopal hinges on the scores of both national-level and state-level entrance exams for evaluation. Registering for these exams is crucial in order to prepare as per the dates and target colleges’ requirements related to exam scores. Some colleges do accept a mix of entrance exams while leading prestigious institutes only accept  valid CAT scores.

Entrance Exams Accepted

Different colleges offering an MBA in Bhopal give preference to different entrance exams. A large number of colleges accept valid CAT scores, whereas some colleges conduct their entrance exams, and based on that, the students are shortlisted for further rounds. Here is a list of top colleges with the names of exams accepted by them for MBA admissions in 2025.

Top Private MBA Colleges in Bhopal

Bhopal is home to over 100 private institutions offering MBAs at a range of tuition fees. These private institutions offer industry-relevant programs and are backed by necessary accreditations. Students aiming for various specializations can consider any of the top private MBA colleges in Bhopal. In addition to quality education, these private institutions boast a modern infrastructure, scholarships and financial aid, and strong industry collaborations. Private business schools in Bhopal, like VIT and LNCT, are widely considered the top choice for students from all over the country. 

Top Government MBA Colleges in Bhopal

With the promise of high returns on investment and academic excellence, Bhopal is home to two well-recognized and reputed government colleges. IIFM Bhopal tops the list, with its major programs being Forestry Management and Sustainability Management. Another one in the list is Maulana Azad National Institute of Technology (MANIT). Though an engineering institute, it offers an MBA under its Department of Management Studies. The entrance to these colleges is quite competitive, as both colleges accept national-level entrance exams. What adds more to the value of an MBA from the leading government institutions in Bhopal is their focus on sustainable development, strong business ties in the industry, and exposure to public policies.

MBA Courses & Fees in Bhopal Colleges

Several reputed MBA colleges in Bhopal offer a range of specializations like marketing, finance, business analytics, forestry management and sustainability management, general management, fintech, and hospital administration. Students will have a lot of options when it comes to choosing their preferred specialization and colleges that offer a quality business education. Here’s a list of top colleges along with the specialization they offer and the fee structure. 

MBA Colleges in Bhopal Fees vs Salary (ROI) 

While choosing the best option, it is crucial for candidates to compare the tuition fees of the college and the average placement salary that the passing graduates consistently obtain from those institutions upon graduation. Evaluating colleges on the basis of their total program fee and average salary offered to students helps candidates make the most informed decision in choosing their business education path. Here’s a list of colleges along with the fee structure, average salary offered, and return on investment ratings. 

MBA Placements in Bhopal Packages & Recruiters

Top MBA colleges in Bhopal have been consistently gaining attention for offering strong placement packages. The government colleges in Bhopal are attracting recruiters offering incredible placement opportunities in top MNCs like Infosys, Accenture, Google, TCS, Deloitte, Infosys, Microsoft, Amazon, and Wipro. Check out the list of all the top colleges with the average salaries and highest packages offered by the recruiters during the placement drive, along with the sectors.

Cost of Studying MBA in Bhopal

An MBA from a top college can certainly be considered a notable investment. The better the quality of business education a student wants to achieve, the more investment is required by the college, along with the competition in national-level entrance exams. The cost of studying for an MBA in Bhopal for a total duration of 2 years varies depending on the individual. However, a cost estimate can be figured out based on the tuition fee, hostel and mess charges, and miscellaneous expenses. 

Top MBA Specializations in Bhopal Colleges

Top MBA colleges in Bhopal offer a range of programs and specializations catering to the requirements and interests of students. These specializations are updated regularly in order to meet the evolving industry demands. Students can choose from government and private institutes according to the specialization offered at the particular institute. This allows students pursuing business education to align with the industry trends and demands. Some of the most trending MBA specializations are finance, business analytics, international business, and human resources.

MBA Colleges in Bhopal Scholarships 2025

Scholarships at the top MBA colleges in Bhopal are aimed at promoting socio-economic diversity along with academic merit. Top business institutions in Bhopal offer merit-based, sports-centric, and entrance-exam-based scholarships to students. Eligible candidates can avail of tuition waivers of up to 100% in some colleges. Students must take note that strong academic performance and excellent national-level entrance exams can ease the financial burden off their shoulders and boost the affordability of quality education. Here’s a breakdown of scholarships offered by the top universities in Bhopal.

 

Top MBA Colleges in Bhopal Cutoffs 2025 

Entrance to top MBA colleges requires a certain cutoff percentage. Hence, it is required for the students to align their national-level entrance exam results with the cutoff criteria of the college. Top MBA colleges in Bhopal accept entrance exams like CAT, MAT, XAT, CMAT, GMAT, and ATMA. The cutoffs of each and every entrance exam vary as per the college’s rankings by NIRF, Business Today, etc., placement statistics, and the specialization the student is applying for. Check out the top colleges’ list with the exams accepted and the set cutoff percentile. 

Compare Top MBA Colleges in Bhopal

With a very high number of MBA colleges in Bhopal, it can be difficult to choose the right college. The right college typically embraces factors such as fees, average salary upon graduation, entrance exam results, and return on investment. Some colleges have low fees and moderate to good returns on investment, while others brag about their outstanding industry ties and placement stats. The following list, comprising the college name, tuition fee, average salary, exam accepted, and ROI ratings, will help students make the right decision.

Frequently Asked Questions