Bhubaneswar has become one of the most promising cities for management education in India. Home to several top MBA colleges, the city offers a wide variety of programs for students looking to build a strong career in business and management. From top government MBA colleges in Bhubaneswar to leading private institutions, the city provides excellent academic infrastructure, experienced faculty, and strong placement support. In this guide, we will explore the Best MBA Colleges in Bhubaneshwar for 2025, covering admission details, fees, specializations, placements, and more. If you are planning to study MBA and looking for the best Institution, the list below will help you find the best MBA college in Bhubaneswar.
Why Choose Bhubaneswar for an MBA?
Bhubaneswar is home to some of the best MBA colleges in Eastern India. With AICTE-approved MBA colleges, government and private institutions, and institutes accepting national-level entrance exams like CAT, XAT, MAT, and CMAT, Bhubaneswar offers a wide range of choices for MBA aspirants. The city is developing fast, with many industries and IT companies setting up offices, giving students access to internships, projects, and placements.
The Best MBA Colleges in Bhubaneshwar also offer top MBA programs in finance, marketing, human resources, operations, and business analytics. Most of these institutes are known for their good placement records, updated curriculum, and industry collaborations, making them ideal for students who want an MBA with placement in Bhubaneswar.
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Top 10 Best MBA Colleges in Bhubaneshwar
Discover Bhubaneshwar’s top 10 MBA colleges known for placements, ROI & faculty. Compare fees, courses & rankings to choose the best fit for your career.
1. Xavier Institute of Management, Bhubaneswar (XIM Bhubaneswar)
Established in 1987, XIM is one of the Best MBA Colleges in Bhubaneshwar. XIM offers MBA and executive MBA programs with admission based on scores in CAT, XAT, GMAT, X-GMT, or X-RAT exams. The institute is among the top private MBA colleges in Bhubaneswar and was ranked 43rd under the management category by the NIRF in 2024. XIM offers an MBA with placement in Bhubaneswar and has one of the best placement rates among top MBA colleges in Bhubaneswar.
- Courses Offered: MBA and executive MBA.
- Admission Process: Admission is based on valid scores in CAT, XAT, GMAT, X-GMT, or XRAT.
- Website: www.ximb.edu.in
- Address: Xavier Square, Jayadev Vihar, Bhubaneswar, Odisha 751013
XIM Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA in Business Management | – | ₹22 lakhs |
| Executive MBA in Business Management | – | ₹14 lakhs |
| EPGDM | – | ₹3.89 lakhs |
2. SOA University, Bhubaneswar
Siksha ‘O’ Anusandhan (SOA) University in Bhubaneswar is one of the top private universities in India, known for offering quality education in various fields, including management. The top MBA programs at SOA are offered through the Institute of Business and Computer Studies (IBCS), which is a part of the university. The institute is one of the Best MBA Colleges in Bhubaneshwar and is accredited with an A++ by NAAC.
- Courses Offered: MBA and Executive MBA
- Admission Process: Admission is based on CAT, XAT, or MAT exams.
- Website: www.soa.ac.in
- Address: Dharam Vihar, Khandagiri, Bhubaneswar, Odisha 751030
Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 300 | ₹7.4 lakhs |
| MBA in Hospitality Management | 30 | ₹1.8 lakhs |
| MBA in Hospital Administration | 60 | ₹3.4 lakhs |
| Integrated MBA | 60 | ₹11.5 lakhs |
3. International Management Institute, Bhubaneswar (IMI Bhubaneswar)
Ranked 61st in the NIRF list of top MBA colleges in India, International Management Institute is a top-ranked private MBA college in Bhubaneswar. The institute holds accreditation from various institutions, including NAAC, AMBA, NBA, and USBES. IMI was established in 2011 and is also one of the AICTE-approved MBA colleges in Bhubaneswar. The institute offers MBA and FPM programs with admissions based on scores in entrance exams, like CAT, XAT, GMAT, or CMAT.
- Courses Offered: MBA and FPM
- Admission Process: Admission is based on scores in CAT, XAT, GMAT, or CMAT.
- Website: www.imibh.edu.in/
- Address: Gothapatna, Chandaka Malipada, Bhubaneswar, Odisha 751029
IMI Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| PGDM | 180 | ₹14.3 lakhs |
| PGDM Online | – | ₹1.6 lakhs |
| FPM | 10 | ₹6 lakhs |
4. Sri Sri University, Bhubaneswar
Accredited with an A grade by NAAC, Sri Sri University is a private university in Bhubaneswar. The institute is an AICTE-approved MBA college and offers an MBA in specializations, including fintech, agribusiness management, etc. Sri Sri University is one of the best private MBA colleges in Bhubaneswar and offers an MBA with placement in Bhubaneswar.
- Courses Offered: MBA/PGDM
- Admission Process: Admission is based on scores in CAT, MAT, or SSU CET.
- Website: www.srisriuniversity.edu.in/
- Address: Ward No. 3, Sandhapur, Godisahi, Odisha 754006
Sri Sri University Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 120 | ₹4.72 lakhs |
| MBA in Agribusiness Management | 60 | ₹4.72 lakhs |
| Global MBA | – | ₹16.79 lakhs |
| MBA in Fintech | 30 | ₹7.67 lakhs |
5. Institute of Management and Information Science, Bhubaneswar (IMIS Bhubaneswar)
IMIS Bhubaneswar is an AICTE-approved MBA college in Bhubaneswar known for its top MBA programs and placement rates. The institute has signed MOUs with various organizations and offers multiple scholarship programs to students. IMIS is among the Best MBA Colleges in Bhubaneshwar and offers a total of 120 MBA seats every year.
- Courses Offered: MBA/PGDM
- Admission Process: Admission is based on scores in MAT, CAT, XAT, or CMAT
- Website: www.imis.ac.in
- Address: Swagat Vihar, Bankual, Odisha 751002
IMIS Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 120 | ₹5.3 lakhs |
6. Astha School of Management, Bhubaneswar
Established in 2008, Astha School of Management is a private MBA college in Bhubaneswar. Astha School of Management offers an MBA with a total seat intake of 240, and admission to top MBA programs is based on scores in CAT, XAT, MAT, or ATMA exams. Top MBA programs at Astha School of Management are provided in full-time mode.
- Courses Offered: MBA/PGDM
- Admission Process: A valid score in CAT, XAT, MAT, or ATMA is required for MBA admission.
- Website: www.asthaeducation.com
- Address: Panchamukhi Road, Balianta, Bhubaneswar, Odisha 752101
Astha School of Management, Bhubaneswar: Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 240 | ₹2 lakhs |
7. Birla Global University, Bhubaneswar (BGU Bhubaneswar)
Birla Global University is a UGC recognized private university in Bhubaneswar. BGU is accredited with a B grade by NAAC and is among the best private MBA colleges in Bhubaneswar. Admissions to top MBA programs at BGU are based on entrance exams, including XAT, MAT, CMAT, CAT, etc., followed by a personal interview and evaluation of academic background.
- Courses Offered: MBA/PGDM
- Admission Process: A valid score in CAT, XAT, MAT, or CMAT is required for MBA admission.
- Website: https://www.bgu.ac.in/
- Address: IDCO Plot No.2, Institutional Area, Gothapatna, Bhubaneswar, Odisha 751029
Birla Global University Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 180 | ₹10 lakhs |
| MBA in Business Analytics | – | ₹10 lakhs |
8. KIIT School of Management, Bhubaneswar (KSOM Bhubaneswar)
One of the AICTE-approved MBA colleges in Bhubaneswar, KIIT School of Management, was established in 1993. The institute is one of the top MBA colleges in Bhubaneswar and has an A++ accreditation from NAAC. KSOM has tie-ups with various companies, including Microsoft, Oracle, L&T, ITC Infotech, Ericsson, etc. KSOM has one of the best campuses among the Best MBA Colleges in Bhubaneshwar and offers AC classrooms, sports complexes, an open-air theater, a gym, etc.
- Courses Offered: MBA/PGDM
- Admission Process: Admission is based on scores in CAT, MAT, XAT, GMAT, CMAT, or KIITEE Management exams.
- Website: www.ksom.ac.in/
- Address: Campus-7, KIIT University, Chandaka Industrial Estate, Patia, Bhubaneswar, Odisha 751024
KIIT School of Management, Bhubaneswar: Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 360 | ₹9.7 lakhs |
| MBA in Business Analytics | 30 | ₹9.7 lakhs |
| MBA in Operations and Supply Chain Management | 30 | ₹9.7 lakhs |
9. Biju Patnaik Institute of Information Technology and Management, Bhubaneswar (BIITM Bhubaneswar)
Established in 1999, BIITM is an AICTE-approved MBA college affiliated with Biju Patnaik University of Technology (BPUT), Odisha. The courses offered at BIITM include a two-year full-time MBA and a five-year integrated MBA. Admission to top MBA programs at BIITM is based on scores in OJEE, CAT, MAT, XAT, CMAT, or ATMA, followed by personal interviews/counseling.
- Courses Offered: MBA and BBA
- Admission Process: Admission is based on scores in CAT, XAT, MAT, CMAT, or ATMA exam scores.
- Website: https://www.biitm.ac.in/
- Address: Plot No. F/4, Bhubaneswar, Odisha 751021
BIITM Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 180 | ₹3.19 lakhs |
| Integrated MBA | 60 | ₹3.8 lakhs |
10. KIIT School of Rural Management, Bhubaneswar (KSRM Bhubaneswar)
Founded in 2006, KIIT School of Business Management is a private MBA college in Bhubaneswar. The institute offers an MBA in rural management and agribusiness management. The Management College is affiliated with the KIIT University and aims to offer courses to satisfy the needs in the agribusiness sector. KSRM has one of the best campuses among top MBA colleges in Bhubaneswar and offers an MBA with placement in Bhubaneswar.
- Courses Offered: MBA/PGDM
- Admission Process: Admission is based on scores in CAT, XAT, MAT, CMAT, or GMAT
- Website: www.ksrm.ac.in
- Address: Campus-17, KIIT Road, Bhubaneswar, Odisha 751024
KSRM Bhubaneswar Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA in Rural Management | – | ₹4.08 lakhs |
| MBA in Agribusiness Management | – | ₹4.24 lakhs |
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Top MBA Colleges in Bhubaneswar – Seat Intake
Here is the list of the top MBA colleges in Bhubaneswar and the total MBA seats offered by them.
| College Name | Total MBA Seats |
| XIM Bhubaneswar | – |
| SOA University | 450 |
| IMI Bhubaneswar | 680 |
| Sri Sri University | 210 |
| IMIS Bhubaneswar | 120 |
| Astha School of Management | 240 |
| Birla Global University | 180 |
| KSOM Bhubaneswar | 420 |
| BIITM Bhubaneswar | 240 |
| KSRM Bhubaneswar | – |
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Fee Structure of Best MBA Colleges in Bhubaneshwar
| College | College Type | Total MBA Fees |
| XIM Bhubaneswar | Private | ₹22 lakhs |
| SOA University | Private | ₹1.8-₹11.5 lakhs |
| IMI Bhubaneswar | Private | ₹1.6-₹14.3 lakhs |
| Sri Sri University | Private | ₹4.7-₹16.8 lakhs |
| IMIS Bhubaneswar | Private | ₹5.3 lakhs |
| Astha School of Management | Private | ₹2 lakhs |
| Birla Global University | Private | ₹10 lakhs |
| KSOM Bhubaneswar | Private | ₹9.7 lakhs |
| BIITM Bhubaneswar | Private | ₹3.2 lakhs |
| KSRM Bhubaneswar | Private | ₹4.1-₹4.2 lakhs |
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Placement Package of Top MBA Colleges in Bhubaneswar
| Courses | Average Placement Package (LPA) | Highest Placement Package (LPA) |
| XIM Bhubaneswar | ₹19.53L | ₹30L |
| SOA University | ₹5L | ₹46L |
| IMI Bhubaneswar | ₹12.02L | ₹21L |
| Sri Sri University | ₹6.89L | ₹13.58L |
| IMIS Bhubaneswar | ₹5.65L | ₹10.63L |
| Astha School of Management | – | – |
| Birla Global University | ₹7.20L | ₹16.22L |
| KSOM Bhubaneswar | ₹9L | ₹19L |
| BIITM Bhubaneswar | ₹4.50L | ₹16.42L |
| KSRM Bhubaneswar | ₹6.50L | ₹13.50L |
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How to choose the right MBA college in Bhubaneswar?
Finding the right MBA college can be a difficult task. Here’s a checklist to help you pick from the best MBA colleges in Bhubaneswar:
1. Accreditation & Recognition – Ensure the college is AICTE approved, UGC recognized, or accredited by NAAC/NBA. Colleges like XIMB and KSOM have top accreditations.
2. Entrance Exam Scores – Check if your score in CAT, XAT, CMAT, or MAT is accepted. For example, XIMB accepts CAT, XAT, and GMAT, while KSOM accepts KIITEE Management too.
3. Specializations Offered – Choose colleges offering top MBA programs aligned with your career goals, like Marketing, Finance, HR, Business Analytics, or Operations.
4. Placement Records – Look for colleges with strong placement support, good average packages, and industry partnerships. For instance, XIMB has one of the highest average packages in Eastern India.
5. Fee Structure – Compare tuition costs. Affordable MBA colleges in Bhubaneswar, like RCM and IMIS, provide quality education at lower fees.
6. Location and Infrastructure – Consider the campus facilities, connectivity, and overall environment. Bhubaneswar is a safe, student-friendly city with a growing job market.
Frequently Asked Questions (FAQs)
1. Can I get admission to MBA colleges in Bhubaneswar without CAT?
Yes, many colleges accept other exams like MAT, CMAT, or conduct their own tests. CAT is not mandatory everywhere.
2. What is the average MBA fee in Bhubaneswar?
The average fee ranges between ₹2 lakh to ₹6 lakh for the full course, depending on the college.
3. Which MBA college in Bhubaneswar offers the highest placement package?
SOA University, XIM, and KIIT School of Management have recorded some of the highest placement packages in the city.
4. What is the average placement salary for MBA graduates in Bhubaneswar?
The average placement salary ranges from ₹3.5 LPA to ₹6.5 LPA, depending on the college and specialization.
5. Which MBA colleges in Bhubaneswar have the best ROI?
Colleges like KIIT School of Management and XIM University offer good ROI due to decent placements and quality education.
6. What are the best MBA colleges in Bhubaneswar for finance/marketing/business analytics?
XIM University, KSOM (KIIT), and IMI Bhubaneswar offer strong specializations in these areas.
7. Are there any Bhubaneswar MBA colleges with international exposure or global programs?
Yes, colleges like XIM University and IMI Bhubaneswar have international collaborations and student exchange programs.
8. Which MBA college in Bhubaneswar has the best campus infrastructure?
KIIT School of Management and XIM University are known for their modern and well-maintained campuses.
9. Are there good distance MBA programs available in Bhubaneswar?
Yes, IGNOU and Odisha State Open University offer recognized distance MBA programs in Bhubaneswar.
10. Do Bhubaneswar MBA colleges offer scholarships or financial aid?
Yes, many colleges offer scholarships based on merit, category, or financial need. Some also offer scholarships for girl students or economically weaker sections.
Conclusion
Choosing the right MBA college is a big step in building your career. Bhubaneswar has grown into one of the top choices for students who want to study MBA. With a mix of top private and government MBA colleges, the city offers high-quality management education. If you are looking for the best MBA colleges in Bhubaneswar, take time to compare course fees, placements, admission process, and specializations offered. Whether you choose a government or a private college, make sure it suits your career goals and learning style.
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