One of the most reputed towns in India for management-oriented education is Bhubaneswar it is also increasingly being sought over extensive flaunt of MBA institutes with their respective PGDM institutes.
There are more than 50 MBA Colleges now functional and many reputed MBA colleges in Bhubaneswar, thereby giving too many choices for the later business leaders to opt from. They are schools aimed to develop soft skill attributes within the individual and also those focusing on the quality and education that prepare students for successful careers in diverse fields.
This blog summarizes the popular MBA colleges in Bhubaneswar alongwith the programs offered, placement records, fee structures, etc:
Reasons to Pursue MBA In Bhubaneswar
Bhubaneswar has many stable sectors like IT, steel, manufacturing, and finance which gave way to Bhubaneswar being one of the most attractive cities for some higher education, most especially management studies. In such information technology and industrial parks, opportunities for internship as well as recruitment are in store.
Bhubaneswar is a pretty affordable city, of course and it has excellent transport connectivity. Overall, the city fosters students to study higher level courses, as the student life is filled with a variety of vibrant events-the color and texture of academic and cultural happenings for the entire calendar year.
Top MBA Colleges In Bhubaneswar
Here is the list of top MBA colleges in Bhubaneswar that fulfill the aspirations of an individual through diversified MBA and PGDM Programs by offering so many benefits. So let us understand:
1. XIM University Bhubaneswar
XIM University is one of the best MBA colleges in Bhubaneswar for pursuing an MBA degree. MBA programs generally include MBA in Business Management, MBA in Human Resource Management, and MBA in Finance. The institution is reputed within the educational fraternity for its academic rigor, exceptional faculty, and superior infrastructure. Admission to this prestigious university is very competitive and takes into account CAT, XAT, GMAT, XGMAT scores, thus providing students with numerous avenues for application.
It also has an active industry network, which translates into impressive placement opportunities for students. The students of XIM University typically get average salaries above Rs. 20 lakhs per annum from top recruiters offering their best packages.
2. KIIT School of Management
On the other hand, KSM-KIIT, under KIIT University, is high up on the scoreboards and is one of the top MBA colleges in Bhubaneswar which provides standard management education. Courses include MBA, MBA (Rural Management), and PGDM, which are quite remarkable. While KIIT endorses real-time learning, it capitalizes on linking into good industries to give students deserving education. Theory coupled with practice is the reason it is set apart from the rest.
Moreover, the school also accepts entrance exams in all forms relative to management domains such as CAT, XAT, MAT, CMAT, GMAT, and KIITEE Management Exams. The placement record of the university is good however the top companies are hiring graduates across sectors. The average package for students is around Rs. 9 lakh, and placements happen in many such leading companies.
3. International Management Institute (IMI) Bhubaneswar
The IMI Bhubaneswar is part of the IMI network and offers PGDM and MBA programs. The institution aims to develop leadership and critical thinking as well as business acumen skills in students and is one amongst the top MBA colleges in Bhubaneswar. IMI Bhubaneswar has earned a reputation for its research-based curriculum as well as its quality faculty.
IMI Bhubaneswar admits students based on their CAT, XAT, CMAT and GMAT scores. The placement record is impressive, with record average salary earning upto Rs. 11.30 lakh per annum. A strong placement cell helps provide students with good opportunities for internships and full-time placement in top companies.
4. Asian School of Business Management
ASBM is one of the delivering outstanding MBA and PGDM programs in Bhubaneswar, India. The school of business management teaches proper integration among theoretical study and practical industry experience and is hugely backed by its appropriate faculty and a curriculum adapted from time to time to the changing nature of business.
However, ASBM considers certification from all other entrance tests (CAT, XAT, MAT, CMAT, and others) as it happens to have an astonishing average placement salary of Rs. 5.75 lakhs per annum. Hence, ASBM allows students to have firsthand industry exposure and intensive internship opportunities that lead them into successful careers.
5. Birla Global University, Bhubaneswar
Birla Global University (BGU) has full – fledged MBA courses covering almost all features, such as Marketing, Finance, HRM, and Operations and a top class MBA colleges in Bhubaneswar. The provision of structures, faculty, and curricula that are industry-oriented helps create a perfect environment. BGU also takes admission through different MBA entrance exams, such as CAT, XAT, MAT, CMAT, and so on.
Their graduates, however, seem to average a remuneration of around Rs. 8.43 lakhs per annum. However, this does not stop the university from boasting of a very special strong alumni connection, and also partnerships with several industries, which further enhance placement for students; of course, there is an element of difficulty since the job market is not that healthy.
6. Cuttack: Sri Sri University
This university located near Bhubaneswar, proudly offers an MBA program, which centers around personal development and holistic learning which makes it a top notch MBA colleges in Bhubaneswar. Strong in leadership qualities, ethical business practices, and innovation, Sri Sri University aims at creating business leaders who sensitize themselves to carrying forward the cause for social responsibilities.
This university also accepts for admission any score for any of the MBA entrance tests. It lays emphasis on overall nurture of a student and has placed an average salary of around Rs. 5.55 lakhs as per annum.
7. SOA University Bhubaneswar, Institute of Business and Computer Studies (IBCS)
To earn the MBA degree with focus on both management and technology, students enroll at SOA University Bhubaneswar, more particularly the Institute of Business & Computer Studies (IBCS). It has been deemed one of the few institutions truly focused on its commitment to academic excellence and maintaining robust industry connections Thus, it prepares students adequately well to meet their future career challenges.
SOA University has integrated the various entrances of MBA examinations on its campus: CAT, XAT and MAT. SOA University records an average annual placement salary of Rs. 4.20 lakhs, which is, indeed, significant. However, the university is proof of an impressive record in placements which acts as a niche and makes it one of the best MBA colleges in Bhubaneswar; students are lured by most giant firms across various sectors. Some question the actual worth of an MBA; however, it is evident from the above that these programs have plenty of benefits.
Fee Structure of MBA Colleges in Bhubaneswar
The fee structure for the MBA colleges in Bhubaneswar is dissimilar for all universities. The higher ones, like XIM University and KIIT University, charge these elevated fees for their courses. However, ASBM and Birla Global University turn out to be relatively affordable. For instance, the roughly Rs. 19.30 lakhs by which XIM University charges for its MBA program and about Rs. 16.90 lakhs, which is charged at KIIT University for the MBA program; around Rs. 13.29 lakhs, as charged by IMI Bhubaneswar for its PGDM program.
However, SOA University and Sri Sri University offer MBA programs for fees that range from Rs. 4.20 lakhs to Rs. 6.60 lakhs. Many do include popular scholarships, financial assistance, and education loans which provide students with help in managing their tuition. Thus, this increases the chances of possibilities for students to put into consideration.
Steps to take Admission In MBA colleges in Bhubaneswar
The admission process for MBA colleges in Bhubaneswar generally comprises a few steps. The first thing is eligibility criteria (important in its basic nature)-to get eligible, a candidate should have a minimum of 50% marks in a 3-year undergraduate degree course from a recognized institution.
Some of the colleges may term relevant work experience as mandatory. Entrance examination results hold much significance. Most of the institutions here wanted the students to take one or more entrance examinations for MBA as CAT, XAT, MAT, CMAT, and GMAT.
Some of the colleges may even have their entrance examinations. All these will be followed by the shortlisting phase, where the candidates are evaluated depending on their scores in entrance exams, academic records, and other selected parameters, thus leading to their selection for further rounds.
Opening group discussion and personal interviews are also very critical-they assess a candidate’s ability in communication, leadership, and his fit with the program. The last but not least comes through making it, which adjoins the admission offer on the successful outcome of the programme and entails paying an acceptance fee.
However, the entire process seems very simple and straightforward yet entails meticulous preparation and dedication.
Also, learn the best MBA colleges in Bhopal
Placement in MBA Colleges in Bhubaneswar
Definitely placement records from any MBA college in the hands of Bhubaneswar are great; one could find a number of such institutions for placement facilitation in sky-high organizations of diverse sectors. Average salaries really vary; they could go from Rs. 4.20 lakhs to Rs. 20 lakhs per annum (which depends on the Institute).
All the top recruiters in these MBA institutions include multinational companies into different sectors such as IT, manufacturing, finance and consulting. These all have an average from around Rs. 4.20 lakhs to up to around Rs. 20 lakhs annual salaries.
Conclusion
‘Bhubaneswar is one of the few cities in India providing much variety in terms of selection for aspiring MBA students. The extensive list of MBA colleges in Bhubaneswar ranges from premier institutes such as XIM University or KIIT University to fresh and emerging universities like Birla Global University and Sri Sri University to name just a few selection options for students wishing to pursue MBA programs well-matched with their career aspirations.
The growing industrial base coupled with a very reasonable cost of living and good infrastructure makes it a prime place for management education. Excellent placement records and experienced faculty also emphasize an industry-relevant learning that often bestows an ideal foundation towards becoming a successful person in the business world at Bhubaneswar’s MBA colleges.
Where Can You Prepare for CAT?
If you want to get enrolled into one of these top colleges for pursuing MBA you will be required to clear CAT with a good percentile.
If you are confused from where to start, AI ExpertsEdge is there to provide you with a CAT Online course with proper guidance along with 24×7 doubt clearing sessions clubbed with AI powered tests and so on.