Best MBA Colleges in Bhubaneswar: Fees, Admissions, Courses, Placements

There are about 80+ best MBA colleges in Bhubaneswar. Of these, 65 colleges are privately owned, and 7 colleges are owned by public/government organisations. OJEE, CAT, MAT, XAT, and CMAT are some of the most accepted entrance exams in top MBA colleges in Bhubaneswar. SOA University, IMI Bhubaneswar, Xavier School of Rural Management, KIIT School of Management, Regional College of Management, IMIS, etc. are some of the popular MBA colleges in Bhubaneswar.

The no. 1 MBA college in Bhubaneswar is XIM University. According to NIRF 2025 Management category rankings for XIM3 MBA colleges in India, it ranked 45th, above all other B-schools in the state. 

The table below shows the private top MBA colleges in Bhubaneswar along with their total tuition fee:

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

Yes, there are many good affordable MBA colleges in Bhubaneswar. Some of these can be a little competitive. Utkal University has about 19 MBA programmes, some of which are affilated with other institutes in the city. The fees for Utkal University MBA courses start from INR 50,000.   

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.

Dhenkanal Autonomous College in Bhubaneswar offers a low cost MBA programme with a tuition of INR 98K. This is under the Utkal University.

Listed below are the top specialisations offered by various MBA colleges in Bhubaneswar:

Top Specialisations	No. of Colleges
Finance	32
Sales & Marketing	32
Human Resources	29
IT & Systems	16
Operations	15

The following is a list of the general requirements for MBA admission at Bhubaneswar colleges:

• Candidates must hold a bachelor's degree or an equivalent degree in any discipline from an accredited university or other organisation with a minimum cumulative GPA of 50%.
• Scores from national admission exams like the OJEE, CAT, CMAT, or MAT are taken into account by many MBA colleges in Orissa. Candidates must achieve the minimum standards specified by the aforementioned colleges.

The total tuition fee for the MBA programme at Shiksha O Anusandhan ranges between INJR 5.1 Lacs - INR 11 lakh. There is a range in the fee because the fee for each specialisation can be different from the other. This range of fees only consists of the total cost of tuition for the MBA programme and does not include the cost of the hostel fee or the mess fee. The above-mentioned fee is taken from an official source/sanctioning body. Hence, it may vary.

The total seats offered for MBA/PGDM at Gandhi Institute For Technology and SOA University - Siksha 'O' Anusandhan are 360 and 330, respectively. While Gandhi Institute For Technology offers this course in 2 specialisations, SOA University - Siksha 'O' Anusandhan offers the same in only 1 specialisation. Hence, there are higher chances of getting a seat at Gandhi Institute For Technology due to higher seats.

OJEE is an entrance which requires understanding of syllabus and concepts. Difficulty level of exam can be higher for one person and lesser for another. So, to crack OJEE exam, students should know basics, syllabus and marking scheme. They should practice with taking OJEE mock tests. 

Xavier Institute of Management offered the highest placement package of INR 17 LPA, while SOA University offered the lowest placement package of INR 4 LPA.

Listed below are the top MBA colleges in Bhubaneswar along with their placement package offered to their graduates:

College Name	Annual Average Package	Prominent Recruiters
SOA University Placements	INR 4 LPA	Accenture, Adani, Cognizant, EY, Amazon, etc.
IMI Bhubaneswar Placements	INR 11 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 17 LPA	Microsoft, Accenture, Amazon, PWC, etc.

READ MORE: MBA Syllabus 2024

Xavier Institute of Management has the highest total tuition fee of INR 22 lakh.

Refer to the table below for a detailed overview of the top MBA colleges in Bhubaneswar along with their total tuition fee:

College Name	Total Tuition Fee
SOA University Admission	INR 2 lakh – INR 11.5 lakh
IMI Bhubaneswar Admission	INR 14.3 lakh
Xavier School of Rural Management Admission	INR 14 lakh
KIIT School of Management Admission	INR 10 lakh
Xavier Institute of Management Admission	INR 22 lakh

READ MORE: MBA Admission

Birla Global University and IMI Bhubaneswar - International Management Institute both are renowned universities for MBA/PGDM. However, in terms of affordability, Birla Global University is a better option since the total tuition fee for Birla Global University is INR 800,000 and the total tuition fee for MBA/PGDM at IMI Bhubaneswar - International Management Institute is INR 160,000 - INR 936,000. In the total fees that students generally end up paying the university or the college, various other components are also included, such as the exam fee, application fee, lab and other charges.

The table below shows the best government MBA colleges in Odisha along with their total tuition fee:

Public/Government Colleges	Total tuition Fee
IIM Sambalpur Admission	INR 11 lakh
NIT Rourkela Admission	INR 4 lakh
Utkal University Admission	INR 50,000 – INR 2 lakh
Gangadhar Meher University Admission	INR 90,000
Ravenshaw University Admission	INR 3 lakh

Hope this information proves beneficial for you!

In rare circumstances, it is possible to pursue an MBA without taking any entrance exam. The CAT, MAT, GMAT, XAT, and other standardized entrance exams are required for admission to many MBA programs worldwide. 

If you are not planning to take the CAT in 2024, listed below are some direct admission eligibility criteria to help you be accepted into MBA programs.

• The minimum score required in the UG level examination may differ from one college to another, however, the student must have scored at least 50%-65% aggregate in his or her graduation.
• For the reserved category,  the score should at least be 45% aggregate.
• Some institutes accept other competitive exam scores such as XAT, MAT,  GMAT,  NMAT,  ATMA,  SNAP, etc.

The table below shows the best private MBA colleges in Odisha along with their total tuition fee/seat intake and entrance exams/eligibility criteria:

Private Colleges	Total tuition Fee
SOA University- Siksha ‘O’ Anusandhan Admission	INR 2 Lacs – INR 9 lakh
IMI Bhubaneswar Admission	INR 9 lakh
Xavier School of Rural Management Admission	INR 12 lakh
KIIT School of Management Admission	INR 10 lakh
Xavier Institute of Management Admission	INR 19 lakh

Hope this answers your query!

OJEE or Odisha JEE is a state level entrance exam for admission to various colleges in Odisha. The scope of OJEE is that it is a gateway for admission to various UG and PG programmes in colleges in Odisha. Students who wish to pursue courses such as BTech, MBA, MPharma, BPharma, BCAT, Integrated MBA, MCA, etc. can appear for OJEE and take admission to various colleges and universities in Odisha.

Trident Academy of Creative Technology offers Degree courses including 1 UG and 3 PG courses. These programs are offerred in Full Time mode. Trident Academy of Creative Technology has specializations such as M.Sc. specializations in Biochemistry.

Birla Global University has a good track record of placements for its MBA courses. The key highlights of Birla Global University placements for the MBA Class of 2024 are tabulated below:

Particulars	MBA Placement Statistics (2024)
the highest package	INR 16.22 LPA
Average package	INR 7.20 LPA
Average package of top 10 students	INR 13.20 LPA
New recruiters	40%
Average chance per student	8

Students who are officially pursuing an MBA programme from Centurion University Bhubaneswar and wish to live on campus can opt for hostel facilities. For a two-year course, the university charges INR 1.9 Lacs as hostel fees. Moreover, the fee aforementioned is as per official sources. However, it is subject to change. 

The BIITM two-year MBA programme total tuition fee is INR 3.09 Lacs for two-years. The total tuition fee charged for the five-year integrated BBA and MBA course is INR 3.7 lakh. Apart from this, the hostel charges for both courses are as follows:

Course	Total Hostel Fee
MBA	INR 1.90 lakh
BBA+MBA	INR 4.75 lakh

Note: The tuition fee and hostel fee mentioned above is taken from official sources and is subject to change.

KIITEE Management exam application fee is INR 1,500. The fee is to be paid online via debit/credit card or net banking. Until the fee has been paid, the KIITEE management application form will remain pending for submission. Candidates must also note that the exam fee is non-refundable. 

Regional College of Management has been rated 3.2 on placements on the basis of 39 reviews done by students.