MBA Colleges in Bhubaneswar: Rankings, Fees, Admissions, ROI & More

Bhubaneswar is a perfect blend of MBA colleges, from private to government, as it has a prolonged list of 180+ colleges. This list of more than a hundred colleges includes some popular names like Xavier Institute of Management, Siksha O Anusandhan (SOA) University, International Management Institute, Centurion University of Technology and Management and Birla Global University, etc. 

Bhubaneswar has government, private and semi-government MBA colleges which are offering top specialisations at an average fee of INR 1.5 LPA to 26 LPA for the full course. Also, they are offering excellent ROI in terms of placement as they are offering an average salary package of INR 20 LPA after the completion of the course. 

The admission process of almost all MBA colleges is through national and state-level entrance exams, such as CAT, MAT, CMAT, along with personal interviews and group discussions. Some colleges have their own entrance test. The fees of these MBA colleges (mainly private colleges) range between 1.5 lakh to 22 lakh (INR) based on their programs and infrastructure. Bhubaneswar is one of the key education centres in India, offering a range of top colleges for various graduate and postgraduate programs in management and technology. However, Bhubaneswar is well known for its top MBA colleges. 

Top MBA Colleges in Bhubaneswar Highlights 2025

Bhubaneswar is a new learning hub for post-graduate MBA programs. There are approx 180+ MBA/PGDM colleges running in Bhubaneswar, and the number of MBA colleges is continuously growing over the period of time under private, govt, and semi-govt organisations.  Among the hundreds of MBA colleges, some of the top colleges are Xavier Institute of Management (XIMB), Siksha O Anusandhan (SOA) University, International Management Institute (IMI), Centurion University of Technology and Management (CUTM), Birla Global University (BGU), and KIIT School of Management (KSOM). If you are exploring nearby cities, you can also check Top MBA Colleges in Cuttack, which offer quality management education with strong academic and placement opportunities.

The fees of these colleges range from 1.5 lakh to 26 lakh. To take admission in these colleges, candidates need to appear in their respective national or state-level examinations such as CAT, CMAT, GMAT, NMAT, XAT, and X-GMT.  Here is a brief highlight of the 2025 top MBA colleges in Bhubaneswar:

Check out Koustuv Business School as another great option for your MBA college program.
 

Top MBA Colleges in Bhubaneswar NIRF & Business Today Ranking

From the numerous MBA colleges in Odisha, Bhubaneswar, some are ranked among the top colleges according to the NIRF & Business rankings 2025. The ranking is given on the basis of their quality of education, ranking, infrastructure, placement support, etc.

NIRF Ranking 2024

As per the NIRF ranking 2024 of MBA colleges in Bhubaneswar, XIMB is ranked at 43rd position, while the KIIT School of Management is ranked at 67th position. NIRF stands for National Institutional Ranking Framework is a procedure accepted by the Ministry of Education in India to rank educational institutions in India. It provides structured data using which anyone can compare institutes based on various categories. It helps students to choose higher educational institutions according to their choice. NIRF considered various factors such as teaching quality, research output, student outcomes, and lots more. 

Here is the list of MBA colleges in Bhubaneswar and their NIRF ranking and score:

Business Today Ranking 2024

According to the Business Today Ranking 2024 for MBA colleges in Bhubaneswar, XIMB University ranked at 19th position, and the International Management Institute ranked at 52. Business Today Ranking is another B-School ranking for MBA colleges released by Business Today India magazine annually to help students find the best management colleges in India. In the Business Today Ranking, the ranking of colleges is jointly done by Business Today and Marketing & Development Research Associates (MDRA). 

For more colleges and their Business Today ranking and score 2024, check out the comparative table below:

MBA Admission Process in Bhubaneswar 2025

The Admission process to get admission in top MBA colleges is mostly similar in India for all top MBA colleges. Candidates have to go through multiple steps of the selection process, including a relevant national or state-level entrance exam, group discussion, personal interview, selection round, etc.

The general eligibility criteria mainly require a bachelor’s degree with a minimum of 50 percent marks. Many colleges also consider candidates appearing in their final year (semester) exams. However, some colleges have their own eligibility criteria as well as take direct admission in their MBA program.

Here is the step-by-step guide to get admission in an MBA college in Bhubaneswar by taking the example of one of the top colleges, Xavier Institute of Management (XIM), Bhubaneswar. 

Steps to get admission in the MBA College (XIMB) in Bhubaneswar

To take admission in MBA colleges in Bhubaneswar, students have to score more than or up to the cut-off mark in their respective entrance exams, such as CAT, XAT, GMAT, NMAT, X-GMT. Also, they have to go through multiple stages such as application submission, written test, group discussion, personal interview, seat allotment, and admission confirmation.

Step 1: Appearing for the respective entrance exam: First, candidates have to appear in their respective entrance exams at their respective college or university. For instance, XIM Bhubaneswar accepts CAT, XAT, GMAT, NMAT, and X-GMT entrance exam scores for its MBA admission.

Step 2: Check for the cut-off mark: Each college releases their cut-off mark for their MBA admission process; candidates are advised to regularly check the official college website for the cut-off release. Many colleges release cut-off marks in multiple stages, like cut-off list 1, cut-off list 2, and so on. 

Step 3: Application process: Candidates applying for the MBA program (XIMB) must submit their application form online from the college admission portal. Candidates receive notification once their application form is accepted. 

Step 4: Selection round: After the application proceeds, students are shortlisted based on their accepted applicable national/state exam scores. The cut-off marks for each college may vary. The college will contact selected candidates via different modes of communication, like email, phone calls, or by releasing their merit lists.

Step 5: Written text/group discussion / personal interview: To get admission in MBA programs, selected students are required to go through the next stage of a written admission test, group discussion, and personal interview. Some colleges conduct only one or two process stages as per their standard. 

Step 6: Fee payment and admission confirmation: The final stage of admission is the fee payment and getting confirmation of seat allotment. The selected students (based on their entrance exam score, written test, group discussion, and personal interview results) need to pay course fees after completing all admission rounds. The admission fee may vary depending on their chosen course.

MBA Entrance Exam Schedule 2025

Several entrance exams are acceptable to get admission to an MBA in Bhubaneswar, Odisha. However, one of the popular entrance exams for MBA in Bhubaneswar is OJEE (Odisha Joint Entrance Examination). OJEE is a state-level entrance exam conducted by the Odisha Government. 

Other than the OJEE, there are several national-level entrance exams, such as CAT, CMAT, MAT, GMAT, and XAT, that are acceptable to get admission in Top MBA Colleges in India. Check out the list of entrance exams accepted by most of the popular MBA colleges in Bhubaneswar:

Entrance Exam Accepted for MBA in Bhubaneswar

Each MBA college in Bhubaneswar takes admission through various entrance exam scores. Some of the popular entrance exams that most colleges accept are CAT, MAT, CMAT, GMAT, including their university-level entrance exam. Here is the list of top MBA colleges in Bhubaneswar and their accepted entrance exam.

Top Private MBA Colleges in Bhubaneswar 

With the list of approximately 180+ MBA/PGDM colleges running in Bhubaneswar, most of them are owned by private entities. These private colleges are well known for their good infrastructure, strong faculty, education quality, and placement records. The fee structure of these colleges varies according to the course selected. The total academic costs are broken down into different sections such as tuition fee, hostel rent, development fee, extracurricular, laptop (if allowed), etc. Most of these top private colleges placed their students with high salary packages. 

Top Government / Semi-Government MBA Colleges in Bhubaneswar 

There are also lots of government and semi-government MBA colleges available in Bhubaneswar, which provide several specialisation courses at affordable fees. The fee structure of these colleges varies as per their courses, infrastructure, and other services they offer. Some of the popular MBA government colleges in Bhubaneswar are Utkal University and Gangadhar Meher University.

MBA Courses & Fees in Bhubaneswar Colleges

Top management colleges in Bhubaneswar offer MBA and PGDM courses in several specialisations. Some of the popular specialisation courses are human resources, finance, operational management, business analytics, agricultural business, etc. The fee structures also vary according to the college and courses chosen by the students. Here is a list of some popular colleges and their specialised courses with fees. 

MBA Colleges in Bhubaneswar Fees vs Salary (ROI)

Before choosing admission in any MBA college, candidates are very curious about the return on investment. This means how much they are investing in their complete MBA program as fees, and how much they are getting as a salary package at the end of completion of their course. Candidates want to know the placement rate of colleges and the packages offered in colleges. Here is the list of top MBA colleges in Bhubaneswar with their return on investment (ROI). Students can also explore the Top MBA Colleges in Rourkela to compare fees, placements, and ROI before making their final decision.

MBA Placement in Bhubaneswar Packages & Recruiters

The frequent recruiters of MBA students in Bhubaneswar are from different sectors such as IT and consulting, Banking and Finance, E-commerce which includes Tata Consultancy Services (TCS), Infosys, Deloitte, HDFC Bank, ICICI Bank, Amazon, Flipkart and lots more. These recruiters pay high packages to their selected candidates as per their skills and interview performance. 

Top MBA Specializations in Bhubaneswar Colleges

Most of the MBA colleges in Bhubaneswar offer education in all major specialisation courses such as Marketing, Finance, Human Resources, Operations, Business Analytics, Information Systems (Minor), and Agribusiness Management. Check out the table below to find colleges with specialised MBA courses. 

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MBA Colleges in Bhubaneswar Scholarships 2025

There are tons of scholarship programs available for students studying in an MBA college in Bhubaneswar for the academic session 2025. These scholarships are primarily categorised in Govt/state-level scholarships, Symbiosis scholarships (merit-based, cast based), and Institute-level scholarships. Students from nearby regions can also explore opportunities offered by top MBA colleges in Sambalpur, which provide similar financial aid and merit-based support for deserving candidates

Government/state-sponsored scholarships

Institute-sponsored scholarships

Top MBA Colleges in Bhubaneswar Cutoffs 2025

Each MBA college in Bhubaneswar has its own set of cutoff marks for various exam types it accepts for MBA admission. Here are the cutoff marks of the top MBA colleges in Bhubaneswar for MBA admission:

Compare Top MBA Colleges in Bhubaneswar

Every candidate wants to compare college types on various factors, which helps them select the right college according to their need. Here is a brief comparison of the top MBA colleges in Bhubaneswar.

Frequently Asked Questions