Nowadays, students prefer Bhubaneswar to pursue an MBA due to the high-quality education provided at an affordable price and effective placement opportunities. The fact that top corporate organisations, startups and economic development of Odisha have strengthened the city further. Lastly, the serene atmosphere, moderate cost of living and diversified cultural heritage attract students to choose it as an affordable and homely place for studies. Bhubaneswar's best MBA schools offer industry-focused curricula, international partnerships and internship programs providing graduates with highly competitive careers. Consequently, the city stands as the most popular choice for management aspirants seeking a comprehensive and affordable MBA experience.

Some of the top management institutes in Bhubaneswar are XIM University (previously XIMB), KIIT School of Management, IMI Bhubaneswar, Institute of Management Bhubaneswar etc. CAT, CMAT, CUET-PG, OJEE, XAT, MAT, GMAT, XGMT etc are the popular management entrance exams organised for providing admission to leading b-schools in Bhubaneswar.

Highlights of the Top MBA Colleges in Bhubaneswar 

Bhubaneswar has several best MBA colleges such as XIM University (XIMB), KIIT School of Management and IMI Bhubaneswar. The admissions are based on CAT, CMAT, XAT, MAT, GMAT, CUET-PG and OJEE. 

Specialisations offered are Marketing, Finance, IT, Digital Marketing, HR and Supply Chain Management. Fees vary from ₹1.25 lakhs to ₹23.80 lakhs with average salary packages of ₹5.07 lakhs to ₹19.53 lakhs per year making it a top MBA choice. The key highlights of the top MBA colleges in Bhubaneswar are given below: 

Why Choose Bhubaneswar for an MBA?

Bhubaneswar is an upcoming education hub that provides an ideal combination of high-quality management education and low costs of living for MBA aspirants.

• Top-Ranked Colleges: The presence of known MBA colleges such as XIM University (XIMB), KIIT School of Management, IMI Bhubaneswar etc provide academic excellence.

• Industry Exposure: With the development of IT, banking and startup culture in Odisha students receive plenty of internship and job opportunities.

• Varied Specialisations: Provides specialisations in Finance, Marketing, HR, Business Analytics, Operations and Digital Marketing as per industry needs.

• Budget to Premium Options: Offers MBA courses from affordable schools to top-end private universities with international exposure.

• Good Placement Options: Premier corporates hire from Bhubaneswar MBA institutes which provide promising employment opportunities.

• Student-Friendly Environment: A serene, affordable city with advanced infrastructure, cultural diversity and top-notch academic facilities. Hence an ideal place for MBA students to study. 

Top MBA/PGDM Colleges in Bhubaneswar in NIRF Ranking 

Bhubaneswar is home to some of the ranked MBA/PGDM institutions which are identified in the NIRF rankings. XIM University placed 43rd in 2024, IMI Bhubaneswar (61st), Siksha 'O' Anusandhan (62nd) and KIIT School of Management (67th).

The rankings establish Bhubaneswar as an emerging quality centre for management studies. A list of the top MBA/PGDM colleges in Bhubaneswar in the NIRF ranking for 2024, 2023 and 2022 is given below: 

Top MBA/PGDM Colleges in Bhubaneswar in IIRF Ranking 

Bhubaneswar's best MBA/PGDM colleges are ranked in the IIRF ranking for their excellence.  XIM University is placed 10th in 2025 while IMI Bhubaneswar stands at 15th and KIIT School of Management at 27th. 

Some other colleges such as Biju Patnaik Institute and Regional College of Management are also making their presence felt adding to Bhubaneswar's position in management studies.

Best MBA/PGDM Colleges in Bhubaneswar Accreditations Wise

Bhubaneswar has a number of top MBA/PGDM colleges with renowned accreditations guaranteeing quality academics. XIM University has AACSB accreditation which is a sign of its international excellence. IMI Bhubaneswar is accredited by NBA, AMBA and NAAC and KSOM-KIIT School of Management, Siksha 'O' Anusandhan and KIIT also have NAAC and NBA accreditations. 

Colleges such as Regional College of Management and Srusti Academy of Management are accredited by UGC and NAAC. Top MBA/PGDM colleges in Bhubaneswar accreditations-wise are given below: 

Top MBA/PGDM Colleges in Bhubaneswar Placement Wise

Bhubaneswar's MBA/PGDM institutions provide excellent placement opportunities with fees from ₹1.25 lakhs to ₹23.80 lakhs. XIM University takes the lead with ₹19.53 Lakhs per annum package followed by IMI Bhubaneswar (₹12.02 Lakhs per annum) and KSOM-KIIT (₹9.0 Lakhs per annum). 

Low-cost options like the Academy of Management Studies and Regional College of Management also provide promising career avenues. A list of the top MBA/PGDM colleges in Bhubaneswar placement-wise is given below: 

Top Online MBA/PGDM Colleges in Bhubaneswar

IMI Bhubaneswar offers a 2-year Online PGDM program at a low cost of ₹2.50 lakhs and it is made convenient for working professionals and students. The program provides quality management education with online learning convenience which is excellent for career development. The top MBA/PGDM college in Bhubaneswar is given below: 

Top Integrated MBA/PGDM Colleges in Bhubaneswar

Bhubaneswar provides Integrated MBA courses that integrate undergraduate and postgraduate management studies within five years. Siksha 'O' Anusandhan offers an Integrated MBA for ₹4.6 lakhs and Biju Patnaik Institute of Information Technology and Koustuv Business School also provide the same. 

These courses are best suited for students who want a smooth entry into the field of management with a solid academic background. A list of the top integrated MBA/PGDM colleges in Bhubaneswar is given below: 

Top Executive MBA/PGDM Colleges in Bhubaneswar

Some of the best Executive MBA/PGDM courses in Bhubaneswar are provided for working professionals. XIM Bhubaneswar offers a 1-year EMBA (₹15.20 lakhs) and EPGDM-VIL (₹3.89 lakhs), balancing flexibility with industry-specific skills to enhance career development.

Specialisations Offered by the Top MBA/PGDM Colleges in Bhubaneswar

XIM Bhubaneswar

Bhubaneswar provides various MBA and Executive MBA programs with numerous specialisations. The MBA-BM program offers specialisations in Accounting & Finance, Information Systems, Marketing, Operations, Economics and Strategy & General Management. The Executive MBA (EMBA) is available for working professionals covering HR, Marketing, Strategy & IT and Operations & Decision Sciences while the EPGDM-VIL offers flexible learning opportunities to develop managerial skills.

IMI Bhubaneswar

IMI Bhubaneswar has a series of MBA/PGDM courses to impart skills that are relevant to the industry. Its PGDM program offers a strong management foundation while the Online PGDM includes specialisations in Marketing, Business Analytics, HRM, Operations and Finance enabling working professionals to enhance their skills at their convenience.

KSOM-KIIT School of Management, Bhubaneswar

KSOM-KIIT School of Management, Bhubaneswar provides a balanced MBA program with industry-oriented specialisations. The specialisations given below provide students with the required skills to perform well in various business fields.

Admission Process for the Top MBA/PGDM Colleges in Bhubaneswar

The admission process for MBA/PGDM programs in Bhubaneswar involves the following:

1. Eligibility Check: MBA admission eligibility includes a bachelor's degree with 50% marks (45% for reserved categories). Some programs like the Executive MBA program, require work experience.

2. Registration & Exam: Register and sit for the MBA entrance exams including the CAT, CMAT, CUET-PG, OJEE, XAT, MAT, GMAT and XGMT among others.

3. Shortlisting: Colleges utilise entrance exam scores to shortlist applicants.

4. Selection stages: The selected candidates are invited for further stages of the selection process after the admission test.  These include the Personal Interview (PI), Group Discussion (GD) and Writing Ability Test (WAT).  Diversity, work experience, and academic performance are also taken into account.

5. Final Admission: Merit lists are released by colleges on the basis of candidate’s performance and scores during the selection process.  Candidates are admitted to the MBA program after full payment including orientations and document verification.

The above MBA admission criteria clearly indicate that only eligible candidates are admitted to the Bhubaneswar MBA/PGDM program.

Top 10 MBA/PGDM Colleges in Bhubaneswar With Fee Structure

Bhubaneswar provides MBA courses with a variety of fee levels accommodating various budgets. XIM University is the most expensive with a fee of ₹23.80 lakhs followed by IMI Bhubaneswar and KSOM-KIIT with fees of ₹14.30 lakhs and ₹17.90 lakhs respectively. Less expensive are the Academy of Management Studies (₹1.25 lakhs), Regional College of Management (₹2.94 lakhs) and Srusti Academy of Management (₹2.82 lakhs). 

Some of the other institutes such as Siksha 'O' Anusandhan, ASBM and IMIS Bhubaneswar provide MBA courses from ₹5.53 lakhs to ₹7.40 lakhs, thus catering to the flexible requirements of management education in Bhubaneswar. A list of the top MBA/PGDM colleges in Bhubaneswar is given below: