Mba Colleges In Odisha

Top MBA Colleges in Odisha 2025 – Rankings, Fees, Placements & Admission Details

Riya Adhikari
Riya Adhikari

Content Writer

Odisha ranks among the top 5 states when it comes to school education, surpassing high-literacy states like Kerala. But its excellence is not limited to school education. The state has some of the best MBA colleges in the country, like Xavier Institute of Management Bhubaneswar, Indian Institute of Management Sambalpur, SOA University, and KIIT School of Management. To study in these colleges, students need to pay fees that range from INR 1.9 Lakh to INR 21 Lakh

After completing the MBA program, candidates can expect a placement package starting from INR 3 Lakh and going up to INR 48.6 Lakh in institutes such as the IIM Sambalpurand other top MBA colleges in Cuttack. To secure a seat in these colleges, students first need to appear in the necessary entrance exams, such as KIITEE, OJEE, CAT, and CMAT. After the announcement of entrance exam results, candidates will need to attend a GD, PI, and WAT round to complete the selection process. 

Top MBA Colleges in Odisha Highlights 2025 

Odisha has a great bunch of MBA colleges with excellent placement records and academic resources. On top of the list are IIM Sambalpur, NIT Bhubaneshwar, and KIIT, which are also among the top MBA colleges in Bhubaneswar. The fees of these top MBA colleges in Odisha range from INR 1.5 Lakh to INR 21 Lakh. These colleges are also giving back great ROI with placement packages ranging from INR 3 Lakh to INR 19.25 Lakh per annum. Here are the key details each MBA aspirant needs to know before applying for the program:

Subject

Information

Total Number of MBA Colleges

150+

Government vs Private 

Government: 32

Private: 121

Entrance Exams Accepted

OJEE, CAT, XAT, MAT, CMAT, ATMA

Average & Highest Fees

Average Fees: INR 1.9 Lakh (SOA) to INR 21 Lakh (IIM Sambalpur)

Average & Highest Salary

Average Salary: INR 3 Lakh (Astha School) to INR 19.25 Lakh (XIMB)

Highest Salary: INR 48.6 Lakh (IIM Sambalpur)

ROI Insights

Best ROI seen in NIT Bhubaneswar (277.77%)

Good ROI for IIM Sambalpur & XIMB

Moderate to low for high-fee private colleges

Top Cities with MBA Colleges

Bhubaneswar, Cuttack, Sambalpur, Berhampur, Rourkela, Balasore

Top MBA Colleges

Xavier Institute of Management (XIMB), Bhubaneswar

Indian Institute of Management (IIM), Sambalpur

SOA University (Siksha 'O' Anusandhan), Bhubaneswar

KIIT School of Management (KSOM), Bhubaneswar

Sri Sri University, Cuttack

NIT Rourkela

Astha School of Management, Bhubaneswar

top-cities-with-mba-colleges
 

Top MBA Colleges in Odisha with Rankings 2024

Among the top MBA colleges in India,Odisha, XIM secured the top rank in both NIRF and Business Today rankings. While choosing the college to pursue an MBA, ranking authorities such as NIRF and Business Today can bring valuable insight. These ranking bodies evaluate each aspect of the college and rate it so students can compare and choose the best one for themselves. 

NIRF Rankings 2024 

Name

City

State

Rank

XIM University

Bhubaneswar

Odisha

43

Indian Institute of Management Sambalpur

Sambalpur

Odisha

50

Siksha O Anusandhan

Bhubaneswar

Odisha

62

Kalinga Institute of Industrial Technology

Bhubaneswar

Odisha

67


Business Today Rankings 2024 

Institute Name

Type

City

Overall Score (1000)

Rank

Xavier Institute of Management (XIMB), Xavier University

Pvt

Bhubaneswar

746.2

52

Astha School of Management

Pvt

Bhubaneswar

38

Indian Institute of Management Sambalpur

Govt

Sambalpur

703.6

181

Sri Sri University

Pvt

Cuttack

576.3


Admissions 2025: Top MBA Colleges in Odisha You Must Consider

The top MBA colleges in Odisha including the top MBA colleges in Sambalpur, select candidates for admission through national-level and state entrance exams like CAT, XAT, CMAT, and KIITEE. Once the entrance exams are over, candidates are required to register for the next rounds. Qualified candidates will be called for group discussion and interview rounds. After the completion of these rounds, a merit list will be created based on candidates’ 10th & 12th marks, graduation, GD, PI, and work experience. Some score boosts are also provided to minority students to increase diversity in the program. Let's go through the admission process of KIIT for reference:

Step 1. Candidates are required to have a bachelor’s degree in any discipline from a legally recognized institution, with at least 50% marks being scored at the time of graduation. Only candidates who fulfill this requirement are eligible to appear in KIIT. 

Step 2. Eligible candidates are then required to fill out the application form for the KIITEE exam. For international students, the application fee costs 50 dollars. The examination will be held on the KIIT School of Management campus.

Step 3. Once the KIITEE results are announced, candidates can apply for the next rounds of the selection process. Apart from KIITEE, candidates can also apply with CAT, XAT, MAT, and CMAT scores. 

Step 4. The candidates who are selected based on their entrance exam scores will be called in for the group discussion round. Candidates participating in this round are advised to stay calm, participate actively, and ensure that they are professionally putting their arguments and conversing with respect.

Step 5. After the GD, candidates will be interviewed by a panel. The purpose of this round is to evaluate the candidate’s analytical & reasoning abilities along with their interests and goals. 

Step 6. The next round is a written ability test, where the candidate’s communication skills, creativity, and quick thinking are tested. This round is usually conducted in a short period. That is why candidates are advised to speed up their writing process while being reasonable and analytical. 

Step 7. The institute will release a final merit list of qualified candidates based on these rounds. It will be released on the official website of the institute. Please note that admission of the candidate will automatically be cancelled if any information submitted by the candidate is wrong, so fill out the application form carefully

Top MBA Colleges in India for Career Growth

Top MBA Colleges in Odisha Exam Schedule 2025 

Entrance exams to get admission to the top MBA colleges in Odisha are conducted all year round. The national-level exams, such as CAT, XAT, and CMAT, are conducted between November and January. The state-level exams, like OJEE, KIITEE, and SAAT, are held in May and June. Here is a list of the entrance exams, dates, and the top MBA exams in Odisha that accept the scores of these exams:

Entrance Exam

Exam Dates (2025)

Example of Accepting Colleges

OJEE

2 May - 12 May 2025

IIM Sambalpur, NIT Rourkela, Utkal University, Regional College of Management, Presidency College, Astha School of Management

KIITEE

8 June-12 June 2025

KIIT School of Management

CAT

30 November 2025

IIM Sambalpur, Xavier Institute of Management Bhubaneswar (XIMB), KIIT School of Management, others

XAT

5 January 2025

Xavier Institute of Management Bhubaneswar (XIMB), KIIT School of Management, others

MAT

CBT- 28 July 2025 

PBT—21 September 2025 

Regional College of Management, Siksha ‘O’ Anusandhan

CMAT

25 January 2025

Many government and private B-Schools in Odisha

ATMA

Various 2025 Rounds

Astha School of Management, Bhubaneswar

SAAT

7 May 2025 to 12 July 2025

Siksha ‘O’ Anusandhan, Bhubaneswar


Entrance Exams Accepted by Top Colleges 

Candidates seeking admission to the top MBA college in Odisha need to appear in the required entrance exam, such as OJEE, KIITEE, CAT, XAT, MAT, etc. The list of top MBA colleges in Odisha, the main entrance exams they accept, and their typical cutoff scores for 2025 admissions. This should give the candidate a clear view of which exams are used by which colleges and what percentile or score they need to target for admission.

College Name

Entrance Exam(s) Accepted

2025 Cutoff (Percentile/Score)

IIM Sambalpur

CAT

90 (General)

80 (EWS)

75 (OBC)

55 (SC)

40 (ST/DAP)

XIMB (Xavier Institute of Management)

CAT, XAT, NMAT, GMAT, X-GMT

91–92 (Non-domicile)

88–90+ (General trend)

80 (XAT sectional)

KSOM (KIIT School of Management)

CAT, XAT, MAT, CMAT, KIITEE

80 (CMAT)

SSU Cuttack (Sri Sri University)

CAT, XAT, MAT, GMAT, OJEE

70 (CAT)

Astha School of Management

OJEE, CAT, MAT, XAT, CMAT

OJEE Rank up to 42,219 (2022)

NIST University, Berhampur

OJEE

OJEE Rank up to 25 (2023)

SOA (Siksha 'O' Anusandhan) Bhubaneswar

CAT, XAT, MAT, ATMA, OJEE, SAAT

25 (CAT)


Top Private MBA Colleges in Odisha 

Odisha has some great private MBA colleges like XIMB, KIIT, SOA, etc. These colleges are on top of the NIRF and Business Today rankings and give serious competition to government colleges like IIM and NIT in the management department. Candidates aspiring to study for an MBA at the top private MBA college in Odisha can go through the list mentioned below to get more information, such as the fees, city, salary, and exam requirements of these colleges. Additionally, those interested in pursuing management in industrial hubs can check out the top MBA colleges in Rourkela, known for providing industry exposure and affordable courses.

College Name

City

Total Fee (Approx.)

Average Salary (INR Lakh/annum)

Approvals

Xavier Institute of Management (XIMB)

Bhubaneswar

INR 15 Lakh – INR 18 Lakh

11.5 Lakh

AICTE, UGC, NBA, NAAC, BPUT

KIIT School of Management (KSOM)

Bhubaneswar

INR 18 Lakh

9.0 Lakh

AICTE, UGC, NAAC (A++), BPUT

SOA University (IBCS, SOA)

Bhubaneswar

INR 7 Lakh – INR 7.4 Lakh

5.0 Lakh

AICTE, UGC, NBA, NAAC, BPUT

Birla Global University (BGU)

Bhubaneswar

INR 8-10 Lakh

6.0 – 8.0 Lakh

AICTE, UGC, NAAC

Regional College of Management (RCM)

Bhubaneswar

INR 3.5 Lakh – INR 5 Lakh

4.8 – 5.0 Lakh

AICTE, UGC, BPUT

Centurion University (School of Mgmt)

Bhubaneswar & Paralakhemundi

INR 3 Lakh – INR 5 Lakh

3.5 – 5.0 Lakh

AICTE, UGC, NAAC, BPUT

Gandhi Institute for Technology (GIFT)

Bhubaneswar

INR 3 Lakh – INR 5.5 Lakh

4.0–5.5 Lakh

AICTE, UGC, NAAC, BPUT


Top-Ranked Govt MBA Colleges in Odisha 

Odisha is home to both IIM and NIT, which are two of the top government MBA colleges in the state. Candidates interested in pursuing an MBA from these colleges need to pay a fee that ranges from INR 1 Lakh to INR 20 Lakh, depending on the college. After completing the course, they can expect a placement package that ranges from 2 LPA to 16 LPA. Here is the list of the rest of the top government MBA colleges in Odisha:

College Name

City

Total Fee (Approx.)

Average Salary 

Entrance Exam(s) Accepted

IIM Sambalpur

Sambalpur

INR 21 Lakh

INR 16 Lakh

CAT

Utkal University, Dept. of Business Administration

Bhubaneswar

INR 2 Lakh – INR 3 Lakh

3–4 Lakh

OJEE, CAT, MAT

Berhampur University, Dept. of Business Management

Berhampur

INR 50,000 – INR 90,000

2.5 – 4 Lakh

OJEE, CAT, MAT

Sambalpur University, Business School

Sambalpur

INR 90,000 – INR 1.1 Lakh

3 – 5 Lakh

OJEE, CAT

Ravenshaw Business School

Cuttack

INR 50,000 – INR 1 Lakh

2 – 4 Lakh

OJEE, CAT

Institute of Business and Computer Studies (IBCS), SOA University

Bhubaneswar

INR 4 Lakh approx.

4–6 Lakh

OJEE, CAT, MAT, XAT

Biju Patnaik University of Technology (BPUT) – MBA Colleges

Rourkela, Bhubaneswar

INR 3 Lakh approx.

3–4 Lakh

OJEE


Top MBA Colleges in Odisha Eligibility Criteria 

Each top MBA college in Odisha releases an eligibility criterion that candidates need to fulfill to appear in the examination and secure admission to the desired MBA college. Since an MBA is a master's degree, most colleges require candidates to have a graduate degree from a recognized university with a minimum score of 50% while graduating. The list of top MBA colleges and their eligibility criteria is mentioned below:

College

Entrance Exam(s) Accepted

Eligibility (Specific)

IIM Sambalpur

CAT  

Bachelor’s degree (minimum 3 years) with at least 50% 

(45% for SC/ST/PWD)

CAT score

 PI round

XIMB (Xavier Institute of Management)

CAT/XAT/GMAT/NMAT/X-GMT

Bachelor’s degree (minimum 3 years) in any discipline with 55% score

Valid test score

Written and the interview process

SOA University (Siksha ‘O’ Anusandhan)

CAT/XAT/MAT/CMAT/OJEE

Bachelor’s degree with at least 50% marks (45% for reserved category)

valid score in the above tests

Birla Global University

CAT/XAT/CMAT/MAT/GMAT

Bachelor’s degree with a minimum 50% aggregate

Valid entrance test score

Sri Sri University (SSU)

CAT/XAT/CMAT/MAT + University Test

Bachelor’s degree from a recognized university with at least 50%

Entrance exam score

NIT Rourkela

CAT

Graduation with a minimum 60% score (General/OBC/EWS) 

55% (SC/ST)

Valid CAT score


MBA Colleges in Odisha Fees vs Salary (ROI) 

Before enrolling in any MBA program, knowing the ROI of the course is very important. As any MBA program requires a huge capital investment, and if the placement records are not promising, then it's not worth joining. NIT Bhubaneswar has the highest return on investment (ROI) in Odisha because it charges low fees. However, its placement opportunities are average. Here is a list of top MBA colleges in Odisha along with their accepted entrance exams, fee structure (INR in Lakh)average annual salary (INR in Lakh), and the Return on Investment (ROI) verdict based on fees vs. salary. This will help the candidate evaluate the colleges from an ROI perspective.

College Name

Entrance Exam(s) Accepted

Total Fee (approx.)

Average Salary 

ROI (%)

ROI Verdict

NIT Bhubaneswar

OJEE, CAT

INR 1.5 Lakh

5.0 Lakh

277.77%

Excellent ROI, very cost-effective

IIM Sambalpur

CAT

INR 21 Lakh

16.0 Lakh

160.80%

High ROI, strong salary gain

Astha School of Management, Bhubaneswar

OJEE, CAT, MAT, XAT

INR 2.57 Lakh

3.0 Lakh

116.73%

Good ROI, affordable fee

SSU Cuttack

CAT, XAT, MAT, OJEE

INR 8.09 Lakh

7.15 Lakh

88.38%

Moderate ROI

XIMB Bhubaneswar

CAT, XAT, NMAT, GMAT

INR 25 Lakh

19.25 Lakh

77%

Lower ROI compared to the fee, but high salary

SOA Bhubaneswar

CAT, XAT, MAT, OJEE

INR 7.5 Lakh

4.8 Lakh

64%

Moderate ROI

KSOM Bhubaneswar

CAT, XAT, MAT, CMAT

INR 18  Lakh

7.0 Lakh

38.88%

Moderate to low ROI


Highest Salary Offered by MBA Colleges 

SOA Bhubaneswar has the highest placement package among the top MBA colleges in India at 43 lakh, which was offered in 2023-2024. On average, the best MBA colleges in Odisha offer placement packages that range from 5 LPA to 19 LPA. Recruiters like Amazon, Microsoft, Deloitte, Axis Bank, and Capgemini participate in the campus placements organized by these colleges and recruit MBA graduates directly from the campus.

College Name

Average Salary per annum

Highest Salary per annum

Top Recruiters

XIMB, Bhubaneswar

19.25 Lakh

30 Lakh

Deloitte, PwC, HDFC, Axis Bank, ICICI, EY, KPMG

IIM Sambalpur

16 Lakh

21 Lakh

Amazon, Microsoft, TVS, Infosys, Capgemini

SOA Bhubaneswar

4.8 Lakh

43 Lakh

TCS, Infosys, ICICI Bank, Byju’s, Wipro

KSOM Bhubaneswar

7 Lakh

19.35 Lakh

Deloitte, PwC, HDFC, KPMG, Tata Steel

SSU Cuttack

7.15 Lakh

13.58 Lakh

HDFC Bank, Axis Bank, Aditya Birla Group, Tata Steel

IMIS Bhubaneswar

5.8 Lakh

9.22 Lakh

Infosys, Capgemini, Wipro, Byju’s, Airtel

Astha School of Management

3 Lakh

4.8 Lakh

Infosys, Wipro, Byju’s, Capgemini, Airtel

NIST University, Berhampur

-

23 Lakh

TCS, Infosys, Wipro

NIT Bhubaneswar

5 Lakh

11 Lakh

TCS, Wipro, Infosys, Cognizant


Cost of Studying MBA in Odisha 

The cost of studying for an MBA in Odisha depends on the institute, accommodation type, and personal lifestyle. For example, the private MBA institutes like Xavier Institute of Management are generally more expensive compared to government institutes like Sambalpur University. Here is a table of the estimated expenses of pursuing an MBA from Odisha.

Institute Type

Tuition (2 years)

Hostel (2 years)

Mess (2 years)

Books (approx.)

Total (range)

Government Colleges

INR 7,600 – INR 2 lakh

INR 40,000 – INR 1.4 lakh

INR 30,000 – INR 90,000

INR 2,000 – INR 6,000

INR 2 lakh – INR 4 lakh

Private Colleges

INR 2 lakh – INR 25 lakh

INR 80,000 – INR 3.2 lakh

INR 60,000 – INR 1.2 lakh

INR 3,000 – INR 10,000

INR 3.5 lakh – INR 30 lakh

Premium (e.g., KSOM, KSRM)

INR 9 lakh – INR 18 lakh

INR 1.5 lakh – INR 2 lakh

Included in package

Included in package

INR 10 lakh – INR 20 lakh

 Note: These figures are an estimated average of the cost to study an MBA in Odisha and are subject to change. There are exceptions like IIM Sambalpur, which is a government college, but its fees are higher than private colleges.

Top MBA Specializations in Odisha 

Finance, Human Resources, Marketing, and Operations are the most popular specializations available in the top MBA colleges in Odisha. These specializations have a lot of demand in the market and provide high placement packages. Apart from these specializations, there are some unique programs available, such as the agribusiness MBA. Here is the table containing the top MBA specializations in Odisha and the colleges offering these specializations.  

Specialization

Colleges

Finance

IIM Sambalpur, Sri Sri University, ASBM University

Marketing

KIIT School of Management, XIMB, IMIS, Amity University

Human Resource Management

XIMB Bhubaneswar, KIIT School of Management,

Operations Management

KIIT School of Management, CUTM, XIMB

Business Analytics

XIMB Bhubaneswar, KIIT School of Management, ASBM University, SOA University, Birla Global University

Logistics & Supply Chain Management

ASBM University, IIM Sambalpur, Birla University

Agribusiness Management

ASBM University, SOA University

Information Technology & Systems

SOA University, KIIT School of Management, ASBM University


Top MBA Colleges in Odisha Cutoff 2025 

The top MBA colleges in Odisha include XIMB and IIM Sambalpur, which are expected to have CAT 2025 cutoffs of 91 percentile and 92 percentile, respectively. The difficulty level for admission to these colleges is generally considered moderate. Below is a list of the top MBA colleges in Odisha, along with their entrance exams and expected cutoffs.

College Name

Entrance Exam

Expected Cutoff 

Xavier Institute of Management (XIMB), Bhubaneswar

CAT

91 percentile

IIM Sambalpur

CAT

92 percentile

SOA University (Siksha 'O' Anusandhan), Bhubaneswar

CAT

25 percentile

KIIT School of Management (KSOM), Bhubaneswar

CMAT

80 percentile

Sri Sri University (SSU), Cuttack

CAT

70 percentile

Institute of Management & Information Science (IMIS), Bhubaneswar

CAT

54 percentile

Astha School of Management, Bhubaneswar

OJEE

Rank 42,219

NIT Rourkela

OJEE

Data not available

Frequently Asked Questions

Q1. Which is the best MBA college in Odisha?

Some of the top MBA colleges in Odisha are IIM Sambalpur, XIBM, and KIIT.

Q2. What is the CAT cutoff for IIM Sambalpur?

Aspirants can expect the CAT cutoff for IIM Sambalpur to be in the 90+ percentile.

Q3. Which is the best specialization in MBA?

There is no “best” specialization. It depends on the candidate’s interest, strengths, and goals. Some of the highest-paying specializations are finance and business analytics.

Q4. Which specialization has the highest placement in Odisha?

Finance is the highest-paying specialization in Odisha.

Q5. How to get admission in top MBA colleges in Odisha?

Candidates need to clear the required entrance exams like CAT, OJEE, KIITEE and CMAT. Then appear in the group discussion, writing ability test, and interview to secure a seat in the top MBA colleges located in Odisha.

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