Bhopal is the capital of Madhya Pradesh, and is an education hub. The city hosts several reputed institutes, including the best Public, Private, and colleges. While the other college in Bhopal aims for providing world-class quality education, good placements, and industrial exposure for the students which makes Bhopal a good choice to pursue an MBA degree.
This comprehensive guide lists famous MBA colleges in Bhopal; discussing their specialization, fees, infrastructure, career in the MBA. With some students out there looking for minimalist options, others set their eyes upon a reputed institution. MBA in Bhopal makes an excellent diversity for both be their career goals or economic status. Here’s everything about that!!
Why Choose Bhopal for an MBA Degree?
There are several reasons to look for why you should choose Bhopal for an MBA course, few of them are listed below:
- Affordability: Bhopal is a city, which harbors a safe shot for an MBA, heaven for students. In other metropolitan cities, such as Delhi, Mumbai, or Banglore, education for postgraduate studies remains an expensive affair. MBA colleges in Bhopal have relatively better choices regarding fee structure, quality education, and attracting quite a few students willing to pursue higher studies in post-graduate programs in MBA.
- Industrial Exposure: Since several industries and businesses are present in Central India, that affords great accessibility to a multitude of companies for students. As many top MBA colleges have good corporate connections, they offer great internship opportunities, live projects, and placements.
- Specializations: It is said that programs offered for specialization are abundant. Be it Marketing, Finance, IT, Operations, or HR, it is well-celebrated at the colleges of MBA in Bhopal, whereby a student can choose from the other streams offered by him/her based on his/her goals.
- Placement Records: Bhopal’s placement push has now even more turned up to train students in every field. Every person wants a career that depicts a bright future, in which higher studies are done either locally or overseas. Thus, either the MBA becomes the point or very soon at the frontline of prospective careers. All this exerts unnatural pressure on students to just flow with air to clear MBA entrance exams.
The admission procedure will, however, still vary according to the chosen institution; eligibility qualifications are however kept unchanged on every MBA Admission taken through open universities.
Eligibility Criteria Include:
- A bachelor’s degree in any stream granted by any recognized university in India
- 50% Marks in aggregate (45% for reserved category)
- Students in their final year of study awaiting graduation results may also apply, provided he/she fulfills the eligibility criteria before the commencement of the course.
Entrance Exams
- Most of the institutions in Bhopal have provisions for their students to go through several national level entrance exams like CAT, CMAT, MAT, or XAT.
- Many other institutions offer admission through state level entrance exams such as MPMET (Madhya Pradesh Management Entrance Test).
Selection Process:
- Shortlisting is primarily made on the basis of merit in the entrance examination.
- Group Discussion(GD): This tests the candidate’s Communication Skills, Reasoning Ability, and Team Performance.
- Personal Interview(PI): The Leadership Potential, Academic Background, and Career Goals of the candidates are assessed.
- Written Ability Test (WAT): Some colleges may also conduct a WAT to assess the writing and analytical skills.
Best MBA Colleges in Bhopal
The best MBA colleges in Bhopal, including specialization offered by the college, fee structure, infrastructure, and placement assistance.
1. Indian Institute of Forest Management, Bhopal
Located in Bhopal, IIFM is an institute that is recognized among the finest MBA colleges in Bhopal; and in India with regard to applicational principles of business management within the context of environmental sustainability.
The institute delivers a two-year MBA program imparted with a focus on sustainable development. As such, it has successfully led in preparing students to work in environmental conservation, green business management, and corporate sustainability.
IIFM has developed a strong rapport with many organizations, national and international alike, which provide excellent placement opportunities in environment and sustainability.
Fees: Rs. 7,36,000/-.
Specialization: Environmental Management, Sustainability, General Management
Placement Highlights: Although most graduates do get jobs in companies like Wipro, Tata Group, and UN Environment Programme, IIFM Bhopal still boasts a gentlemanly record for placement. The average salary of an IIFM graduate falls between Rs. 10 to 12 LPA.
Better understanding of business concepts is provided to students while they learn them as the concepts are applied with the help of internships and live projects.
2. People’s University, Bhopal
People’s University has gained its good name since it offers affordable education plus genuine management programs makes it one of the best MBA colleges in Bhopal. An MBA with a mixture of leadership skills carried to decision-making and communication is offered here.
Students get a better understanding of business concepts by practicing what they learned in real-time with the help of internships and live projects.
Fees: Rs. 70,000/-
Specialization: Finance, Marketing, Human Resource
Placement Highlights: The placement cell of the university has tie ups with organizations such as ICICI Bank, HDFC, and Infosys.
3. Oriental College of Management, Bhopal
OCM is known for its excellent infrastructure and for mean-spirited experience of education-the OCM has gained a lot of reputation in India for being student-centric and the best MBA colleges in Bhopal;. The curriculum combines theoretical and practical learning packed with a lot of case studies, internships, and industrial visits. With more than just a few reputable companies where students find positions all throughout their education-related domains, OCM prides itself on having a good placement record.
Fees: 87,600/-
Specializations: Marketing, Finance and IT Systems
Placement Highlights: Students of OCM have been placed into reputed corporate houses like Infosys, TCS, Deloitte, and Amazon. The average salary offered to the passing out candidates comes somewhere around Rs. 4 – 6 LPA.
4. Sagar Institute of Research and Technology, Bhopal
SIRT, one of the best MBA colleges in Bhopal is known for its smart classrooms and well-equipped libraries. The students from this college are given an opportunity to get practical knowledge through live projects and internships and make tying bridges between theory and practice.
Fees: Rs. 32,500
Specialization: Operations and Human Resource Management
Placement Highlights: The Placement cell of SIRT includes top banking, finance, IT, and operations. For all the graduating students, packages range from Rs. 3 – 5 LPA.
5. Jagran LakeCity Business School, Bhopal
With strong emphasis on entrepreneurship and innovation in management development-university, Jagran LakeCity Business School strives hard to develop managerial skills in entrepreneurs and leaders. Along with reasonably well-equipped infrastructure, vibrant campus life, and strong tie-ups with corporate houses.
Fees: Rs. 50,000/-
Specialization: Entrepreneurship, Finance, and Marketing
Placement Details: Graduates from Jagran LakeCity Business School gets absorbed in the companies like Wipro, Deloitte, HCL etc and the package ranges between Rs. 5-7 LPA
6. Maulana Azad National Institute of Technology (MANIT), Bhopal
MANIT Bhopal is among the best NITs in India and one of the best MBA colleges in Bhopal. An MBA here caters to individuals who have an active interest in technology and management. Students will integrate management disciplines with real-life IT and management, thus positioning themselves to take up executive roles in technology-driven industries.
Fee structure: Rs. 1,00,000/-
Specializations: IT Systems, Finance, Operations
Placement highlights: With recruiters like TCS, Cognizant, and Infosys, MANIT has an excellent placement record. This average salary offered to a fresh graduate stands at aroundINR 6-8 Lakh Per Annum (LPA).
7. Trinity Institute of Technology and Research, Bhopal
The Trinity Institute of Technology and Research offers applied management education. MBA stands for problem-solving, innovation, and decision-making. The college has a modern campus, substantially offering the students many opportunities for internships, industrial visits, and various workshops which makes it an exceptional MBA colleges in Bhopal.
Fee structure: Rs. 46000/-
Specializations: General Management, Marketing
Placement highlights: Trinity maintains associations with leading companies in fields such as manufacturing, banking, and retail. The average salary package offered to graduates is around Rs. 4-5 LPA.
8. Institute of Professional Education and Research (IPER), Bhopal
This is one of the most reputed as well as the largest MBA colleges in Bhopal. The institution is focused on providing an all-round exposure and development to students for taking up leadership roles in corporate setups through classroom sessions that combine theoretical learning, real-time training, and interaction with the industry. The campus provides all modern amenities: Wi-Fi, computer lab, and library.
Fee structure: Rs. 1,03,000/-
Specializations: Marketing, Finance, Human Resources
Placement highlights: The placement cell of IPER has a decent record for placing students with leading companies like HDFC Bank, Accenture, Wipro, etc. The average salary package is around Rupees 5-7 LPA.
9. LNCT University (LNCTU), Bhopal
LNCT University has its principles of interdisciplinary management education. The MBA course in LNCTU, is to transform the students into management managers. It spreads about the spectrum of traditional and modern business environments. The great emphasis on modern technologies by the faculty of the university provides many opportunities for students to be equipped for their lives in business.
Fees: Rs. 80,000/-
Specializations: IT Systems, Finance, Marketing
Placement Highlights: LNCTU enjoys an excellent placement with placement partners Infosys, HCL, and Tata Consultancy Services, with the average package of around Rs. 5-6 LPA.
10. SAM Global University, Bhopal
SAM Global University is a growing name on Bhopal’s educational horizon. Well known for having minimal fees with the best quality, which makes it one of the best MBA colleges in Bhopal, this university offers a plethora of choices of MBA specializations that can help students take the plunge into various career paths. Unique infrastructure, Wi-Fi availability, e-learning, and practical utilization in cooperation with industries, sums up all that the university has to offer.
Fees: Rs. 30,000/-
Specializations: Operations, Marketing, Finance
Placement Highlights: SAM Global University has a placement cell that works with reputed organizations like Wipro, HDFC, and Kotak Mahindra Bank to provide students with a podium for better placement opportunities. Average salary package is around Rs. 3-5 LPA.
Also learn the Top 10 Government MBA Colleges in India
Conclusion
There are many MBA colleges in Bhopal where all the exciting MBA programs designed for today’s stimulating business environment are available. Be it the very renowned institutes like IIFM and MANIT or meager payment options like SAM Global University or SIRT, the choices are myriad to make for MBA throwdown according to budget, course to land in, or career ambition. In Bhopal, the top MBA colleges endowed with great industry collaboration, infrastructure, and with an attuned center of gravity on practical learning assure a safe passage in the path of globalization in shaping one’s MBA career.
Where Can You Prepare for an MBA?
If you are enrolled into one of these top colleges for pursuing MBA you will be required to clear the toughest MBA entrance exams that too with a good percentile which is not attainable without proper guidance. Suppose you are either confused about where to start your CAT Preparation. In that case, AI ExpertsEdge is there to provide you with a structured CAT Online course where you will not only be getting proper guidance but also will be getting 24×7 doubt clearing sessions clubbed with AI powered tests and so on.