Top MBA Colleges in Bhubaneswar: Rankings 2025, Fees, Admissions & Placements

Bhubaneswar is home to 80+ leading MBA colleges, offering diverse management programs. Among these, 65 are private institutions, while 7 are public/government-owned. The most commonly accepted MBA entrance exams in Bhubaneswar include OJEE, CAT, MAT, XAT, and CMAT.

Some of the renowned MBA colleges in Bhubaneswar include:

SOA University
IMI Bhubaneswar
Xavier School of Rural Management
KIIT School of Management
Regional College of Management
IMIS Bhubaneswar

Best MBA Colleges in Bhubaneswar: Key Highlights 2025

An MBA (Master of Business Administration) is a postgraduate program designed to develop leadership, analytical, and decision-making skills. It equips students with essential business and management expertise, enhancing their ability to work in teams and communicate effectively.

Below are the key highlights of top MBA colleges in Bhubaneswar:

Parameters	Details
Total 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
Popular Specialisations	Finance, Human Resources, Sales & Marketing, International Business, etc.
Accepted Entrance Exams	OJEE, CAT, CMAT, MAT, etc.

Best MBA Colleges in Bhubaneswar: NIRF Rankings 2024

The NIRF (National Institutional Ranking Framework), introduced by the Ministry of Education, Government of India, ranks higher education institutions based on criteria such as teaching, learning, research, graduation outcomes, and perception. It offers a comprehensive assessment of institutions, including MBA colleges across India.

Below is a list of the top MBA colleges in Bhubaneswar with their NIRF rankings from 2022 to 2024:

College Name	NIRF 2022	NIRF 2023	NIRF 2024
XIM University	35	46	43
International Management Institute (IMI) Bhubaneswar	70	67	61
Siksha `O` Anusandhan	NA	57	62
Kalinga Institute of Industrial Technology (KIIT)	48	59	67

Best MBA Colleges in Bhubaneswar: Admissions 2025

The general eligibility requirements for MBA admissions in Bhubaneswar colleges are as follows:

Applicants must possess a bachelor’s degree or an equivalent qualification in any discipline from a recognised university or institution, with at least 50% aggregate marks.
Several MBA colleges in Bhubaneswar accept scores from national-level entrance exams such as OJEE, CAT, CMAT, and MAT. Candidates must meet the minimum cutoff scores specified by each college.

Entrance Exams Accepted by MBA Colleges in Bhubaneswar

The table below outlines the various entrance exams accepted by top MBA colleges in Bhubaneswar, along with the number of colleges that accept each exam and the respective cutoff predictor:

Entrance Exam	Number of Colleges	Cutoff 2024 Predictor
OJEE	69	OJEE Predictor
CAT	58	CAT Predictor
XAT	56	XAT Predictor
MAT	51	MAT Predictor
ATMA	42	ATMA Predictor
CMAT	20	CMAT Predictor

Top Private MBA Colleges in Bhubaneswar

The table below lists the top private MBA colleges in Bhubaneswar along with their respective tuition fees:

Private College	Total Tuition Fee
SOA University	INR 2 lakh – INR 12 lakh
IMI Bhubaneswar	INR 14 lakh
Xavier School of Rural Management	INR 13 lakh
KIIT School of Management	INR 9 lakh – INR 10 lakh
Xavier Institute of Management	INR 19 lakh

Best MBA Colleges in Bhubaneswar: Fees vs Salary

Return on Investment (ROI) evaluates the value you get from a course by comparing the tuition fee paid against the placement return. It helps determine the financial benefit of pursuing an MBA from a particular college.

The table below outlines the MBA colleges in Bhubaneswar, their total tuition fees, and the annual average salary package:

College Name	Total Tuition Fee	Annual Average Package
SOA University MBA	INR 2 lakh – INR 12 lakh	INR 5 LPA
IMI Bhubaneswar MBA	INR 14 lakh	INR 12 LPA
Xavier School of Rural Management MBA	INR 13 lakh	INR 17 LPA
KIIT School of Management MBA	INR 9 lakh – INR 10 lakh	INR 8 LPA
Xavier Institute of Management MBA	INR 19 lakh	INR 18 LPA

Average Salary Offered by Top MBA Colleges in Bhubaneswar

The table below provides a detailed overview of the top MBA colleges in Bhubaneswar, including their average placement packages and some of the prominent recruiters:

College Name	Annual Average Package	Prominent Recruiters
SOA University Placements	INR 5 LPA	Accenture, Adani, Cognizant, EY, Amazon, etc.
IMI Bhubaneswar Placements	INR 12 LPA	Amul, Axis Bank, KPMG, Deloitte, Dabur, etc.
KIIT School of Management Placements	INR 8 LPA	Khimji Ramdas LLC, TCS, ITC, Deloitte, Samsung, ICICI Bank, etc.
Xavier Institute of Management Placements	INR 18 LPA	Microsoft, Accenture, Amazon, PWC, etc.

Low-Cost MBA Colleges in Bhubaneswar

Pursuing an MBA at top colleges in Bhubaneswar can be affordable, with many colleges charging between INR 1-2 lakh in tuition fees. However, there are also options with fees under INR 1 lakh, as listed below:

Low-Cost MBA Colleges	Tuition Fee
Utkal University	INR 50,000
Rama Devi Women’s University	INR 49,000
Gurukula Institute of Technology (GIT Bhubaneswar)	INR 80,000
Gopabandhu School of Hotel Management	INR 60,000