Choosing the right MBA college is a critical decision that can shape your future career path. If you're looking for the best MBA colleges in Odisha, this blog will provide a detailed guide to help you make an informed choice. We will cover everything you need to know—college names, NAAC accreditation, specializations, location, fees, scholarships, exams accepted, placements, and eligibility criteria. Let's dive in!
Why Pursue MBA in Odisha?
Odisha is home to several prestigious MBA institutions, offering a wide range of specializations and state-of-the-art facilities. The cost of education in Odisha is affordable compared to other states, making it an attractive destination for students. The state has a mix of government and private institutions, providing options that cater to different financial backgrounds and academic goals.
List of Top MBA Colleges in Odisha
- Xavier Institute of Management, Bhubaneswar (XIMB)
- KIIT School of Management, Bhubaneswar (KSOM)
- Indian Institute of Management, Sambalpur (IIM Sambalpur)
- Regional College of Management, Bhubaneswar (RCM)
- Utkal University, Department of Business Administration, Bhubaneswar
- Institute of Management and Information Science (IMIS), Bhubaneswar
- Sri Sri University, Cuttack
- Birla Global University, Bhubaneswar
- Centurion University of Technology and Management, Bhubaneswar
- Asian School of Business Management (ASBM), Bhubaneswar
Detailed Overview of Top MBA Colleges in Odisha
1. Xavier Institute of Management, Bhubaneswar (XIMB)
Overview:
Established in 1987, XIMB is a premier B-school in Odisha. The college holds a prestigious NAAC accreditation with an "A" grade and is known for its world-class infrastructure and highly experienced faculty.
Specializations:
General Management, Human Resources, Finance, Operations, Marketing, and Business Analytics.
Location:
Bhubaneswar
Fees:
₹16-20 lakhs (approx.) for the entire course.
Scholarships:
Merit-based and need-based scholarships.
Exams Accepted:
CAT, XAT, GMAT, NMAT.
Placement:
Average salary package of ₹15-18 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
2. KIIT School of Management, Bhubaneswar (KSOM)
Overview:
KIIT School of Management is a well-established MBA college, part of KIIT University, and is NAAC accredited with an “A” grade. The institution is known for its strong focus on industry-oriented curriculum.
Specializations:
Marketing, Finance, HR, Operations, IT, and Business Analytics.
Location:
Bhubaneswar
Fees:
₹12-15 lakhs for the entire course.
Scholarships:
Merit-based and performance-based scholarships.
Exams Accepted:
CAT, XAT, MAT, GMAT, ATMA.
Placement:
Average salary package of ₹8-10 lakhs per annum.
Eligibility: Graduation with 50% marks and a valid entrance exam score.
3. Indian Institute of Management, Sambalpur (IIM Sambalpur)
Overview:
IIM Sambalpur is one of the newest additions to the prestigious IIM family, established in 2015. Despite its young age, it has gained recognition for its focus on innovation and entrepreneurship.
Specializations:
General Management, Finance, Marketing, Operations, Strategy.
Location:
Sambalpur
Fees:
₹13-15 lakhs for the entire course.
Scholarships:
Need-based scholarships are available.
Exams Accepted:
CAT.
Placement:
Average salary package of ₹12-14 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid CAT score.
4. Regional College of Management, Bhubaneswar (RCM)
Overview:
RCM, established in 1982, is one of the oldest MBA institutes in Odisha. The college has an NAAC accreditation of "A" grade and is known for its comprehensive management programs.
Specializations:
Finance, Marketing, HR, IT, International Business.
Location:
Bhubaneswar
Fees:
₹5-7 lakhs for the entire course.
Scholarships:
Based on merit and economic background.
Exams Accepted:
CAT, MAT, XAT, ATMA.
Placement:
Average salary package of ₹6-8 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
5. Utkal University, Department of Business Administration, Bhubaneswar
Overview:
Utkal University’s MBA department is NAAC accredited and has a strong reputation in Odisha for offering affordable MBA programs with quality education.
Specializations:
Marketing, HR, Finance, Operations.
Location:
Bhubaneswar
Fees:
₹1-2 lakhs for the entire course.
Scholarships:
Merit-based scholarships.
Exams Accepted:
OJEE, CAT, MAT.
Placement:
Average salary package of ₹4-6 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
6. Institute of Management and Information Science (IMIS), Bhubaneswar
Overview:
Established in 1995, IMIS is known for providing industry-relevant management education and is NAAC accredited.
Specializations:
Marketing, Finance, HR, IT, Operations.
Location:
Bhubaneswar
Fees:
₹4-5 lakhs for the entire course.
Scholarships:
Performance-based scholarships.
Exams Accepted:
CAT, MAT, XAT.
Placement:
Average salary package of ₹5-6 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
7. Sri Sri University, Cuttack
Overview:
Sri Sri University, established in 2009, offers a holistic MBA program that focuses on both academic excellence and personal growth. It is NAAC accredited with an "A" grade.
Specializations:
General Management, Finance, Marketing, HR, Operations.
Location:
Cuttack
Fees:
₹8-10 lakhs for the entire course.
Scholarships:
Merit-based and need-based scholarships.
Exams Accepted:
CAT, MAT, XAT.
Placement:
Average salary package of ₹6-7 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
8. Birla Global University, Bhubaneswar
Overview:
Known for its modern infrastructure and global partnerships, Birla Global University provides a dynamic MBA program and is NAAC accredited.
Specializations:
Marketing, Finance, HR, IT, Business Analytics.
Location:
Bhubaneswar
Fees:
₹9-11 lakhs for the entire course.
Scholarships:
Merit-based scholarships.
Exams Accepted:
CAT, MAT, XAT.
Placement:
Average salary package of ₹6-7 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
9. Centurion University of Technology and Management, Bhubaneswar
Overview:
Centurion University, established in 2010, is known for offering MBA programs that integrate technology and management. The institution is NAAC accredited with an "A" grade.
Specializations:
Marketing, Finance, HR, Operations, IT.
Location:
Bhubaneswar
Fees:
₹5-7 lakhs for the entire course.
Scholarships:
Based on merit.
Exams Accepted:
CAT, MAT, XAT.
Placement:
Average salary package of ₹5-6 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
10. Asian School of Business Management (ASBM), Bhubaneswar
Overview:
ASBM is recognized for its industry-driven MBA program and is accredited by NAAC with an “A” grade.
Specializations:
Finance, Marketing, HR, Operations, Business Analytics.
Location:
Bhubaneswar
Fees:
₹6-7 lakhs for the entire course.
Scholarships:
Merit-based scholarships available.
Exams Accepted:
CAT, MAT, XAT.
Placement:
Average salary package of ₹5-6 lakhs per annum.
Eligibility:
Graduation with 50% marks and a valid entrance exam score.
Conclusion
Odisha is home to several top-tier MBA colleges, each offering unique advantages in terms of curriculum, specializations, and placement opportunities. Whether you're looking for affordability, diverse specialization options, or strong placement records, Odisha has something for every aspiring MBA student. Make sure to consider factors like location, fees, scholarships, and placements to choose the best MBA program that aligns with your career goals. For any further assistance or detailed guidance on admission, feel free to reach out to Siksha Helpline.
