Best MBA Colleges in Balasore - 2026 Admissions, Fees, Placements

There are about 180+ best MBA colleges in Orissa. Of these,  118 colleges are privately owned, 28 colleges are owned by public/government organisations, and public-private entities owns 3 colleges. OJEE, CAT, XAT, MAT, and ATMA are some of the most accepting entrance exams in top MBA colleges in Orissa. SOA University, IIM Sambalpur, IMI Bhubaneswar, KIIT School of Management, NIT Rourkela, etc. are some of the popular MBA colleges in Orissa.

The key highlights related to top MBA colleges in Orissa are mentioned below:

Parameters	Particulars/Statistics
Number of MBA Colleges	180+
Annual Fees	INR < 1 lakh: 23 colleges INR 1-2 lakh: 62 colleges INR 2-3 lakh: 21 colleges INR 3-5 lakh: 17 colleges INR > 5 lakh: 21 colleges
Top Specialisations	Finance,  Human Resources,  Sales and Marketing,  Operations,  Business Analytics, etc.
Accepted Entrance Exams	OJEE,  CAT,  MAT,  CMAT,  MAT, etc.

Hi, to determine the No. 1 MBA college in Orissa, you need to go through its NIRF ranking over the past three years, i.e. from 2022 to 2024:

College Names	NIRF 2022	NIRF 2023	NIRF 2024
Xavier University, Bhubaneswar Ranking	35	46	43
IIM Sambalpur Ranking	66	58	50
IMI Bhubaneswar Ranking	70	67	61
SOA University Ranking	NA	57	62
Kalinga Institute of Industrial Technology Ranking	48	59	67

Hope this information proves beneficial for you!

Joining MBA colleges in Odisha can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their fees and average placement package:

College Name	Total Tuition Fee	Annual Average Package
SOA University - Siksha 'O' Anusandhan MBA	INR 2 Lacs – INR 9 lakh	INR 4 LPA
IIM Sambalpur MBA	INR 11 lakh	INR 12 LPA
Xavier School of Rural Management MBA	INR 12 lakh	INR 17 LPA
KIIT School of Management MBA	INR 10 lakh	INR 8 LPA
NIT Rourkela MBA	INR 4 lakh	INR 5 LPA

Hope this answers your query!

It is estimated that joining MBA colleges in Odisha can be affordable, as most of the colleges have total tuition fees ranging between INR 1-2 lakh. Listed below are some of the top affordable MBA colleges in Delhi with fees less than INR 1 lakh:

Low-cost Colleges	Total Tuition Fee
Utkal University	INR 50,000
Fakir Mohan University	INR 57,000
SCS Autonomous College	INR 288
Berhampur University	INR 18,000 - INR 64,000
Gangadhar Meher University	INR 90,000
Rama Devi Women's University	INR 49,000

IIM Sambalpur offered the highest placement package of INR 12 LPA and the prominent recruiters participated include Amazon, Microsoft, Capgemini, TVS, Infosys, etc.Listed below are the top MBA colleges in Odisha along with their average placement package and the prominent recruiters:

College Name	Annual Average Package	Prominent Recruiters
SOA University - Siksha 'O' Anusandhan Placements	INR 4 LPA	Accenture, Adani, Cognizant, EY, Amazon, HCL, etc.
IIM Sambalpur Placements	INR 12 LPA	Amazon, Microsoft, Capgemini, TVS, Infosys, etc.
KIIT School of Management Placements	INR 7 LPA	Khimji Ramdas LLC, TCS, ITC, Deloitte, Samsung, etc.
NIT Rourkela Placements	INR 5 LPA	Google, Amazon, Myntra, Flipkart, etc.

No, it is not necessary to have an MBA degree to get a job in managerial post in a Government organisation.

A PGDM in a relevant specialisation can be equally eligible or suitable for a managerial role in a Government organisation also.

 

Some of the popular Govt. PGDM Colleges are given in the table below:

• IIM Kozhikode
• IIM Shillong
• XLRI Jamshedpur
• MDI, Gurgaon
• MICA, Ahmedabad
• IIM Lucknow
• Great Lakes Institute of Management

Yes, it is very much necessary to take entrance exams for PGDM courses in India, If you want to take admission int reputable and top-tier B-schools then it is very crucial. 

While some institutions offer direct admission based on graduation merit, most colleges require valid scores from national-level tests like CAT, XAT, CMAT, NMAT, or MAT. 

IIM Sambalpur is on 58th position in the list of top 100 Management institutes in India, according to NIRF Ranking. The institute offers a two year residential MBA course admission to which is done through CAT, followed by a personal interview and the final merit list is prepared on the basis of the performance of the candidate in academics, CAT, Personal Interview and work experience, if any.

Aspirants check below infographic for students reviews on IIM Sambalpur:

The Utkal University MBA fee ranges INR 288 to INR 4 lakh. This fee range includes the tuition fee for MBA (Regular), IMBA, E-MBA and other MBA courses. This fee is given as per the data available on the official sources and hence, is subject to change. Other than the tuition fees, candidates also have to pay for Laboratory development fee, Mess charges, Alumni fees, etc.

There are nearly 12 Utkal University-affiliated colleges that offer MBAs. The fee payment has to be done at the time of admission followed by fee payment in the semesters.

The total course fee is a cumulative of multiple components such as tuition fee, hostel fee, library fee, admission fee, etc. Berhampur University MBA tuition fee is ranges between INR 18,400 and INR 63,800. Additionally, the hostel charges sums up to INR 19,300. Candidates can check out the admission brochure for complete fee break-up. The fee given here is as per an unofficial source, hence, is indicative.

To be eligible for admission to the MBA programme at Fakir Mohan University, candidates must:

• Get a bachelor's degree from a recognised university with a minimum of 50% marks
• Pass the OJEE entrance exam 
• For the 2022 MBA program, the minimum cutoff for general category students was 12,895th rank. 
• Candidates who meet the cutoff must participate in the OJEE counseling and give preference to Fakir Mohan University, Balasore.

The median salary package offered to the students after finishing MBA/PGDM from Birla Global University is INR 760,000 - INR 800,000. While, the Median package offered by SOA University - Siksha 'O' Anusandhan after completion of MBA/PGDM is INR 420,000. Basis these stats, Birla Global University is better option compared to SOA University - Siksha 'O' Anusandhan on the Median salary parameter.

The KIIT School of Management offers various courses such as BBA MBA, and Ph.D. The KIIT College has a good placement record. The College has ample internship opportunities for the students and also provides in-campus placement to their students. The Placement rate of the college lies between 80-82%. The domestic package offered by the KIIT School of Management ranges from 12-13 LPA. The highest Placement was 20 LPA and the average Placement was 09 LPA. The companies visiting the college for Placements are ITC Hotels, Dell, HDFC Life, Yes Bank, Deloitte, TCS, Samsung, Tech Mahindra,   and many others. Companies such as Amazon, Berger Paint, Blue Star, Capital First Ltd, Capital IQ, Care Ratings, Deloitte, unBradstreetInformationServices, and Dupont also provide Placement to the students at a high Placement rate. The International Package ranges from 25 LPA-26 LPA.