If you are interested in commencing your MBA studies in the vibrant city of Bhubaneswar, you have the opportunity to explore MBA Colleges In Bhubaneswar that are committed to nurturing the next generation of business leaders.
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MBA is a postgraduate program that provides advanced training in business and management. Bhubaneswar, the capital of Odisha state, has emerged as a prominent educational hub in India. Known as the “Temple City,” Bhubaneswar is a sought-after destination for prospective MBA students seeking rewarding careers in the business sector, particularly due to its thriving IT industry.
Bhubaneswar boasts 85 top-tier Master of Business Administration (MBA) colleges. For those considering alternative locations, [ppp0]a major educational center in eastern India, also offers compelling options. In Bhubaneswar, you can select from a diverse range of esteemed MBA colleges that deliver exceptional MBA programs and industry connections. This article presents a comparison of the top 8 MBA colleges in Bhubaneswar, offering insights into each college’s unique strengths to assist you in making an informed decision.
Eligibility Criteria for Admission to Leading MBA Colleges in Bhubaneswar
The general eligibility criteria for admission to top MBA colleges in Bhubaneswar include:
- Educational Qualification: Prospective students must hold a bachelor’s degree in any discipline or an equivalent qualification from a recognized university or institute. Typically, a minimum aggregate score of 50% is required, with some variations for SC or ST candidates.
- Entrance Exams: Many MBA colleges in Bhubaneswar consider national entrance exam results such as OJEE, CAT, CMAT, or MAT. Candidates must meet the minimum cutoff score specified by each college.
- Work Experience: Certain business schools may value work experience during the selection process. Written Aptitude Test (WAT), Group Discussion (GD), and Personal Interview (PI) may be conducted to assess the motivation, soft skills, and communication abilities of shortlisted candidates.
Entrance Exams Accepted by Premier MBA Colleges in Bhubaneswar
Leading MBA schools in Bhubaneswar accept various entrance exams for admission to their programs. Some of the widely recognized entrance exams include:
- CAT: Conducted by the Indian Institute of Management (IIM), CAT is a national entrance exam considered a benchmark for admission to top B-schools in India, including those in Bhubaneswar.
- XAT: Administered by Xavier Institute of Management, Bhubaneswar (XIMB), XAT is a preferred exam known for its focus on decision-making skills and unique question format.
- : Managed by the All India Management Association (AIMA), MAT is a national-level entrance exam that offers multiple testing windows throughout the year, providing candidates with flexibility.
- : Conducted by the National Testing Agency (NTA), CMAT is a national-level entrance test that is accepted by many reputed B-schools in Bhubaneswar and across India.
- : Organized by the Government of Odisha, OJEE is a state-level entrance exam utilized by candidates seeking admission to postgraduate professional programs, including MBA programs, in the state.
- : Some MBA colleges in Bhubaneswar consider ATMA scores as part of their admission criteria. This exam assesses candidates’ abilities across various domains such as analytical, verbal, and numerical.
List of the Top 8 MBA Colleges In Bhubaneswar in 2024
1. IMI Bhubaneswar, International Management Institute
Key Details
- Type: Private business school
- Established: 2011
- Accreditations: AICTE, NBE
- Ranking: Ranked 67th among top management institutes in India by NIRF Ranking 2023
- Accepted Entrance Exams: CAT, XAT, CMAT, GMT
- Tuition Fees for MBA/PGDM Programs: INR 2 lakh – 9.2 lakh
- Admissions: Applications open for the PGDM program
While IMI Bhubaneswar does not offer an MBA program, it provides a prestigious PGDM program that is equivalent to an MBA. Established in 2011, IMI has swiftly built a strong reputation for delivering quality management education. Graduates of the two-year PGDM program are well-equipped to excel in the business landscape, with impressive placement rates and average annual salaries exceeding Rs 12 lakh.
2. SOA University
Key Details
- Type: Private deemed university
- Established: 1996
- Accreditations: NAAC, ABET, NBA, NABH, NABL
- Ranking: Ranked 1001-1200 by the QS World University Rankings 2023
- Accepted Entrance Exams: CAT, MAT, OJEE, SAAT, XAT
- Tuition Fees for MBA/PGDM Programs: INR 1.8 lakh – 9 lakh
- Admissions: OJEE 2024 exam scheduled from 6th May 2024 to 10th May 2024
SOA University stands out as one of the premier MBA colleges in Bhubaneswar, offering a well-regarded MBA program known for its industry-aligned curriculum and holistic approach. The program emphasizes leadership development and strategic thinking, with a faculty comprising experienced professionals and academics who guide students through real-world projects and case studies. Practical exposure through internships and industry collaborations further enhances the learning experience.
3. KIIT School of Management (KSOM)
Key Details
- Type: Private business school
- Established: 1993
- Accreditations: NBA
- Ranking: Ranked 17th best B-school in India by Times B School Ranking 2024
- Accepted Entrance Exams: CAT, MAT, CMAT, KIITEE, XAT
- Tuition Fees for MBA/PGDM Programs: INR 10.3 lakh
- Admissions: KIITEE 2024 exam to be held from March 27, 2024, to March 31, 2024
[KIIT School of Management (KSOM)] is a renowned private business school offering bachelor’s and master’s degrees in business administration with specializations in operations and supply chain management, and business analytics. With a faculty comprising approximately 40% members from prestigious universities and IIMs, KSOM is recognized for its industry-focused curriculum. The business school reports strong placement records, with an average package of 9 LPA and a maximum package exceeding 20 LPA.
4. Xavier Institute of Management, Bhubaneswar (XIMB)
Key Details
- Type: Jesuit business school
- Established: 1987
- Accreditations: NBA
- Ranking: Ranked 46th in the management category by NIRF Ranking 2023
- Accepted Entrance Exams: CAT, X-GMT, XAT
- Tuition Fees for MBA/PGDM Programs: INR 19.3 lakh
- Admissions: XAT results 2024 announced for MBA admission
Established in 1987, [Xavier Institute of Management, Bhubaneswar (XIMB)] is a prestigious business school known for its high-quality management education that emphasizes social responsibility and ethics. With a stellar placement record, XIMB offers a range of MBA programs, including its flagship MBA-BM program, making it a preferred choice for aspiring business professionals in India.
5. Centurion University of Technology and Management (CUTM)
Key Details
- Type: Private institute
- Established: 2010
- Accreditations: NAAC
- Ranking: Ranked 151 among 200 colleges in India in 2021 by NIRF
- Accepted Entrance Exams: OJEE, CUET-PG, CUEE
- Tuition Fees for MBA/PGDM Programs: INR 4.2 lakh
- Admissions: OJEE 2024 exam scheduled from 6th May 2024 to 10th May 2024
[CUTM] is a private institute offering a diverse range of undergraduate, graduate, and doctoral programs in fields such as engineering, technology, management, agriculture, and pharmacy. Established in 2010, CUTM holds A-grade NAAC accreditation and operates campuses in Bhubaneswar, Paralakhemundi, and Visakhapatnam.
6. Birla Global University (BGU)
Key Details
- Type: Private university
- Established: 2015
- Recognized By: UGC, BCI
- Ranking: Ranked 163 among 171 colleges in India in 2023 by NIRF
- Accepted Entrance Exams: CAT, CLAT, AILET
- Tuition Fees for MBA/PGDM Programs: INR 8 lakh
- Admissions: MBA admissions 2024 open
Established in 2015, [Birla Global University (BGU)] offers a comprehensive two-year full-time MBA program designed to equip students with the skills and knowledge necessary for success in the business realm. The curriculum covers various management domains, including operations, marketing, finance, and human resource management. BGU’s industry-centric approach emphasizes practical application of business concepts through industrial projects and internships, enabling students to gain valuable real-world experience.
7. ODM Business School
Key Details
- Type: Private business school
- Established: 2009
- Approved By: AICTE
- Ranking: Ranked among the top business schools in Bhubaneswar
- Accepted Entrance Exams: CAT, CMAT, MAT, OJEE, XAT, ATMA
- Tuition Fees for MBA/PGDM Programs: INR 4.6 lakh to 4.9 lakh
- Admissions: OJEE 2024 exam scheduled from 6th May 2024 to 10th May 2024
[ODM Business School] is a prestigious business school established in 2009, offering an AICTE-approved PGDM program. The school focuses on industry readiness and practical learning, providing specializations in marketing, finance, logistics management, and other areas. With a strong placement record, ODMBS reports a highest package of 10.34 LPA and an average package of 5.28 LPA in the latest batch. The school also offers integrated programs combining PGDM with certifications in business analytics and digital marketing.
8. Amity Global Business School, Bhubaneshwar
Key Details
- Type: Private business school
- Established: 2004
- Recognized By: UGC
- Ranking: Ranked among the top 10 business schools in India in 2020
- Tuition Fees for MBA/PGDM Programs: INR 5.3 lakh
- Admissions: Admissions open for MBA course 2024
Established in 2004, [Amity Global Business School, Bhubaneshwar] offers undergraduate and graduate business management courses focused on preparing future business leaders. The school provides a holistic industry-oriented curriculum that integrates theoretical knowledge with practical insights. With experienced faculty, emphasis on comprehensive education, and promising placement opportunities, AGBS Bhubaneswar has facilitated over 1200 placements with companies like HDFC Bank, Reliance, and Airtel.
FAQs
1. What are the average fees for MBA programs in Bhubaneswar?
The fees for MBA programs in Bhubaneswar typically range from INR 3 lakh to 19 lakh, varying based on the college, program specialization, and other factors.
2. What specializations are offered in MBA programs in Bhubaneswar?
MBA colleges in Bhubaneswar provide a diverse array of specializations, including finance, marketing, human resource management, information technology, international business, and operations management, among others.
3. Is the CAT entrance exam mandatory for MBA admissions?
While CAT is widely accepted by MBA programs in India, it is not the sole requirement for admission to MBA schools. Many institutions consider exams like GMAT, XAT, or MAT, along with interviews, work experience, and academic records, providing candidates with multiple pathways for admission.
4. Do MBA colleges in Bhubaneswar offer placement assistance?
Yes, most reputable MBA colleges in Bhubaneswar have dedicated placement cells that facilitate job placements for students post-graduation.
Conclusion
MBA colleges in Bhubaneswar play a pivotal role in shaping the careers of aspiring business leaders by offering comprehensive management education. These colleges provide students with the knowledge and skills necessary to thrive in the dynamic business environment of Bhubaneswar, characterized by established industries and a burgeoning IT sector.
Moreover, with strong industry connections, MBA colleges in Bhubaneswar facilitate placements with leading companies, offering students promising career opportunities. By emphasizing accessibility and quality education, pursuing an MBA in Bhubaneswar can be a strategic professional move that propels individuals into leadership roles.