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Bhubaneswar, the capital of Odisha, is fast emerging as a dynamic education and business hub in Eastern India. With the presence of reputed government institutions, growing private universities, and an expanding corporate ecosystem in sectors like IT, banking, manufacturing, and logistics, the city has become an ideal destination for management education. The MBA colleges in Bhubaneswar are known for their industry-aligned curriculum, robust placement support, and specializations that reflect evolving market trends such as Business Analytics, Digital Marketing, and Financial Technology.
This guide lists the top MBA colleges in Bhubaneswar for 2025, detailing their fees, placements, entrance exams, hostel facilities, specializations, and other critical insights to help you make an informed choice.
Course-Wise Fees Comparison (Specializations)
College |
Marketing |
Finance |
HRM |
Business Analytics |
XIM Bhubaneswar |
Rs 20 Lakh |
Rs 20 Lakh |
Rs 19.5 Lakh |
Rs 20 Lakh |
KIIT School of Management |
Rs 10.5 Lakh |
Rs 10.2 Lakh |
Rs 9.8 Lakh |
Rs 10.5 Lakh |
IMI Bhubaneswar |
Rs 9.5 Lakh |
Rs 9.5 Lakh |
Rs 9.0 Lakh |
Rs 9.5 Lakh |
Birla Global University |
Rs 8.0 Lakh |
Rs 7.8 Lakh |
Rs 7.5 Lakh |
Rs 7.9 Lakh |
ASBM University |
Rs 7.2 Lakh |
Rs 7.2 Lakh |
Rs 7.0 Lakh |
Rs 7.5 Lakh |
Srusti Academy |
Rs 4.5 Lakh |
Rs 4.3 Lakh |
Rs 4.0 Lakh |
Rs 4.5 Lakh |
Astha School of Management |
Rs 3.0 Lakh |
Rs 3.0 Lakh |
Rs 2.9 Lakh |
Rs 3.2 Lakh |
RCM Bhubaneswar |
Rs 5.0 Lakh |
Rs 4.8 Lakh |
Rs 4.5 Lakh |
Rs 5.0 Lakh |
Top Recruiters & Placement Packages
College |
Top Recruiters |
Avg. Package |
Highest Package |
XIM Bhubaneswar |
Deloitte, PwC, EY, Accenture, ICICI, HDFC, TCS |
Rs 11.5 LPA |
Rs 26.5 LPA |
KIIT School of Management |
Cognizant, Infosys, HDFC, Flipkart, Zomato, TCS |
Rs 6.5 LPA |
Rs 17 LPA |
IMI Bhubaneswar |
Amazon, Gartner, Deloitte, ICICI, Tech Mahindra |
Rs 6.8 LPA |
Rs 14 LPA |
Birla Global University |
Axis Bank, HDFC, ICICI, Wipro, EY, TCS |
Rs 5.2 LPA |
Rs 10.8 LPA |
ASBM University |
Capgemini, Deloitte, BYJU S, ICICI |
Rs 4.8 LPA |
Rs 9.2 LPA |
Srusti Academy |
Infosys, SBI Life, HDFC Bank, Wipro, Tech Mahindra |
Rs 4.5 LPA |
Rs 8.5 LPA |
Astha School of Management |
HDFC, ICICI, Byju s, Tata AIG, Vivo |
Rs 4.2 LPA |
Rs 7.5 LPA |
RCM Bhubaneswar |
Wipro, Tech Mahindra, TCS, SBI Life, Capgemini |
Rs 4.8 LPA |
Rs 9 LPA |
Specializations Offered
College |
Specializations Offered |
XIM Bhubaneswar |
Marketing, HRM, Finance, Operations, Business Analytics, Rural Management |
KIIT School of Management |
Marketing, Finance, HRM, Operations, IT & Analytics |
IMI Bhubaneswar |
Marketing, HRM, Finance, Operations, Strategy |
Birla Global University |
Marketing, Finance, HR, Banking & Insurance, Analytics |
ASBM University |
Marketing, Finance, HR, Logistics, Business Analytics |
Srusti Academy |
Marketing, Finance, HRM, Business Analytics |
Astha School of Management |
Marketing, HRM, Finance, Digital Marketing |
RCM Bhubaneswar |
Finance, Marketing, HRM, Data Science, Retail, Rural Management |
Government vs Private – Admission Flexibility & Value
Feature |
Government/Autonomous (XIM, IMI) |
Private Universities (KIIT, BGU, ASBM, RCM) |
Entrance Required |
Yes (CAT, XAT, GMAT) |
Varies – MAT/CAT or own entrance exams |
Scholarships Offered |
Yes (Merit-Based, Economically Weaker Sections) |
Yes (Merit + Need-Based + Early Admission) |
ROI |
High (Strong Placements, High Brand Value) |
Moderate to High (Depends on program and exposure) |
Global Exposure |
Strong (XIM, IMI have global collaborations) |
Good (especially KIIT, BGU with foreign tie-ups and exchange) |
Hostel Facilities & Fees
College |
Hostel Fees (Annual) |
Amenities Offered |
XIM Bhubaneswar |
Rs 1.3 – Rs 1.6 Lakh |
AC Rooms, Wi-Fi, Mess, Sports Complex, Library |
KIIT School of Management |
Rs 1.2 – Rs 1.5 Lakh |
AC/Non-AC Rooms, Gym, Laundry, Café, 24x7 Security |
IMI Bhubaneswar |
Rs 1.0 – Rs 1.3 Lakh |
Hostel Wi-Fi, Common Rooms, Cafeteria, Indoor Sports |
Birla Global University |
Rs 90,000 – Rs 1.2 Lakh |
Fully Furnished Rooms, Mess, Recreation Area |
ASBM University |
Rs 80,000 – Rs 1.0 Lakh |
Shared AC/Non-AC, Mess, Study Lounge, CCTV |
Srusti Academy |
Rs 75,000 – Rs 95,000 |
Wi-Fi, Shared Rooms, Cafeteria, Library |
Astha School of Management |
Rs 70,000 – Rs 90,000 |
Clean Mess, Laundry, Security, Wi-Fi |
RCM Bhubaneswar |
Rs 85,000 – Rs 1.1 Lakh |
Mess, Gym, Library, Group Study Areas |
FAQs
1. Which is the No. 1 MBA college in Bhubaneswar?
Xavier Institute of Management (XIMB) is widely regarded as the top MBA college due to its brand, placements, and legacy.
2. Can I get an MBA admission in Bhubaneswar without a CAT ?
Yes, many colleges accept MAT, XAT, or conduct their own entrance exams.
3. Which MBA colleges in Bhubaneswar have the best placements?
XIMB, KIIT School of Management, and IMI Bhubaneswar have the best placement records.
4. Is hostel compulsory for MBA students?
Not compulsory, but hostel living is preferred for academic immersion and time management.
5. Are scholarships available in these colleges?
Yes, most colleges offer scholarships based on academic performance, entrance scores, and financial need.
6. Which MBA specializations are trending in Bhubaneswar?
Business Analytics, Digital Marketing, and Finance are among the most sought-after specializations.
7. What is the average placement package in Bhubaneswar s MBA colleges?
Packages range from Rs 4.5 LPA in mid-tier colleges to Rs 11.5 LPA in top institutes like XIMB.
Conclusion
Bhubaneswar is increasingly becoming a preferred destination for MBA aspirants due to its quality management education, affordable cost of living, and rising corporate opportunities. Whether you re targeting top-tier schools like XIMB or skill-focused private universities like KIIT or BGU, the city provides a well-rounded environment for leadership and career growth. Analyze entrance requirements, ROI, and placements carefully while making your final decision.
Career Tip
Join leadership clubs, participate in B-school fests, pursue summer internships proactively, and build a strong LinkedIn presence to get ahead in the MBA job market.
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