Top MBA Colleges in Bhopal 2024-2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Nov, 15, 2024

Top MBA Colleges in Bhopal 2024-25 - Check the list of the best MBA (Master of Business Administration) colleges in Bhopal, Madhya Pradesh with ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.

Several IIM, IIFM, IES College of Technology, Jagran Lake City Business School, Lakshmi Narain College of Technology, PIMR, MANIT, etc. are counted among the top MBA colleges in Bhopal. It's a dream of most management aspirants in India to get admission to these colleges in MBA courses. Around 103 colleges in Bhopal offer MBA courses, out of which 94 are Private and 9 are Government. These colleges offer admission to MBA courses based on different MBA entrance exams. CAT, MAT, XAT, SNAP, GMAT, etc. are some of the popular MBA entrance exams. Many top MBA colleges in Bhopal also conduct GD, WAT, and PI as an admission process. These are the top-ranked MBA colleges in Bhopal.

The fee structure of top MBA colleges in Bhopal ranges from INR 50,000 to INR 12,00,000. The average placement of MBA graduates ranges from INR 7 to INR 15 LPA. The salaries of MBA graduates depend on the colleges and MBA courses. The highest MBA package was recorded at INR 1.12 crore per annum offered at the Indian Institute of Management Indore. It is considered the best college in Bhopal for an MBA. It is also ranked in 8th position by the NIRF ranking for MBA courses. These colleges provide the best courses in MBA in Bhopal with valuable Fees.

Top MBA Colleges in Bhopal: Highlights 2025

Master of Business Administration is one of the most popular and worldwide professional postgraduate degrees. An MBA typically lasts for 2 years, however, some colleges also offer 1-year programs. This program offers several job opportunities to students in the corporate sector. Students with a Bachelor's degree in any stream can pursue an MBA. This makes this course the favorite of most graduates seeking better career opportunities. IIM Indore, IIFM, Jagran Lake City Business School, MANIT, etc. are the best MBA colleges in Bhopal. Amazon, Facebook, Deloitte, Microsoft, Apple, Accenture, etc. are some top recruiters of MBA graduates in Bhopal. These colleges are famous for the top MBA courses in Bhopal.

Here are some key highlights of top MBA colleges in Bhopal:

Parameters

Details

City

Bhopal

Number of MBA Colleges

103

Government BBA Colleges

9

Private BBA Colleges

94

Top MBA Colleges

IIM Indore, IIFM, Jagran Lake City Business School, MANIT, IES College of Technology, PIMR, etc.

Annual Fees

INR 50,000 to INR 12,00,000

Average Salary Packages

INR 5 to INR 20 LPA

Top Specialisations

Human Resources, Sales and Marketing, Operations, Finance, IT and Systems, etc.

Accepted Entrance Exams

CAT, MAT, XAT, SNAP, GMAT, etc.

Course Types

Full-time, Part-time, Distance.

Admission Process

Entrance exam / merit-based

Top Recruiters

Amazon, Facebook, Deloitte, Microsoft, Apple, Accenture, etc.

Top MBA Colleges in Bhopal with NIRF Ranking

NIRF rankings are published annually based on data received by the framework. NIRF stands for National Institutional Ranking Framework. This platform was launched by MHRD to evaluate colleges offering higher education. NIRF ranks colleges offering higher education in 8 different streams. This ranking framework uses 5 different parameters to rank colleges. It is valuable information for those students who trust the NIRF organisation and are preparing get to admission to the top MBA colleges in Bhopal.

Here is the list of NIRF ranked top MBA colleges in Bhopal:

NIRF Ranking

College Names

NIRF Score

8

Indian Institute of Management Indore

71.95

68

Atal Bihari Vajpayee Indian Institute of Information Technology and Management

49.13

Specializations Offered by Top MBA Colleges in Bhopal

MBA is a multidisciplinary degree and it is offered in various specializations in Bhopal. These courses lead to different career options and offer different types of job roles in various industries. 

Here is a list of a few top MBA specializations offered by the top MBA institutes in Bhopal:

Business Economics

Entrepreneurship Information Technology

Finance

Marketing Tourism Management

Operations Management

Business Analytics Data Science

Top MBA colleges in Bhopal: Eligibility Criteria

Most of the graduates in India are looking to make a career change through an MBA. It is a professional course and students will face fierce competition to get into the best MBA colleges. If you want to get admission to top MBA colleges in Bhopal then you need to fulfil the required eligibility criteria.

Here are the eligibility criteria for top MBA colleges in Bhopal:

  1. Candidates are required to have a Bachelor’s or equivalent degree in any field from a recognized college or university.
  2. Most of the MBA colleges require at least 50% marks in graduation. Top colleges like IIMs, IITs, NITs and IITs require a minimum of 60% marks. Reserved category students get relaxation in aggregate marks.
  3. Final-year graduation students can also apply for an MBA, but they will need to produce a final mark sheet before admission. 

Top MBA colleges in Bhopal: Entrance Exams

MBA is one of the most popular courses in Bhopal. It accepts students from all backgrounds and offers them a chance to land good jobs at top companies. Several national, state and university-level entrance exams are organised every year for MBA admission. Thousands of students participate in some of the toughest entrance exams to get a seat in top MBA colleges in Bhopal every year.

Here are some of the entrance exams for top MBA colleges in Bhopal:

MAT

XAT

CAT

CMAT

ATMA

GMAT

Top MBA Colleges in Bhopal: Admission Process

The admission process for top MBA colleges in Bhopal may vary from one another. However, below are some of the common rules followed by most of the colleges:

  1. Candidates are required to have a bachelor’s degree with 50% minimum marks and clear some entrance exams.
  2. Students have to visit the official website to fill out the online registration form. They will also need to attach important documents including their graduation mark sheet, entrance exam scorecard, photographs, etc.
  3. Candidates will need to pay the required registration through an online payment method while submitting the application form.
  4. MBA aspirants are required to take part in counselling sessions organised by colleges and then take part in GD, WAT and PI.
  5. If allotted a seat after counselling, candidates are required to accept the seat take admission and pay the fees. 
  6. Finally, students will need to report to the college for document verification where they will need the original and photocopy of their documents. 
  7. After successful verification of documents, students are required to pay the tuition to confirm the admission.

Top MBA Colleges in Bhopal 2025

There are around 103 colleges in Bhopal for MBA and most of them are private universities and colleges. The total number of private MBA colleges in Bhopal is 94 and there are only 9 colleges. However, most of the best MBA colleges in Bhopal are operated by the government such as IIM Indore, MANIT, BU, ABVHV, and others. ICOT, LNCT, PIMR, IIFT, SIRT, etc. are some of the top private MBA colleges in Bhopal. At lastly, there are the top 5 MBA colleges in Bhopal that provide the best courses in MBA and are famous as the top-ranked colleges in Bhopal for MBA.

Here is a list of top MBA colleges in Bhopal:

College Name

Total Tuition Fees (Approx.)

Seat Intake Entrance Exam Eligibility

Indian Institute of Forest Management (IIFM)

INR 6-7 Lakhs 120 CAT/XAT Bachelor's degree with 50% marks

Maulana Azad National Institute of Technology (MANIT)

INR 2-3 Lakhs 93 CAT

Peoples Institute of Management and Research (PIMR)

INR 2-3 Lakhs 180 CMAT

Bhopal School of Social Sciences (BSSS)

INR 1.5-2 Lakhs 60 CMAT/ATMA

LNCT MBA (LNCT)

INR 1-2 Lakhs 120 CMAT

TIT College (TIT)

INR 1.5-2 Lakhs

VNS Group of Institutions (VNS)

INR 1.5-2 Lakhs

Sagar Institute of Research and Technology (SIRT)

INR 1-2 Lakhs 180

Jagran Lakecity Business School (JLBS)

INR 4-5 Lakhs 60 CAT/MAT/XAT/CMAT

IPER College (IPER)

INR 2-3 Lakhs 240 CMAT

Top Govt. MBA Colleges in Bhopal

There are around 9 government MBA colleges in Bhopal. These colleges are the top choice of MBA aspirants because they include IIM, MANIT, BUIT, IIFM, and other reputed government institutions. They are autonomous bodies funded by the central government. Among the top ten MBA colleges in Bhopal. Maulana Azad National Institute of Technology, Indian Institute of Forest Management, Barkatullah University Institute of Technology, etc. are the top 3 government MBA colleges in Bhopal.

Here is a list of top public/government MBA colleges in Bhopal, their total course fee, seat intake, entrance exams, and eligibility criteria:

College Name

Total Tuition Fees (Approx.)

Seat Intake Entrance Exam Eligibility

Maulana Azad National Institute of Technology (MANIT)

INR 2-3 Lakhs 93 CAT Bachelor's degree with 50% marks

Indian Institute of Forest Management (IIFM)

INR 6-7 Lakhs 120 CAT/XAT

Barkatullah University Institute of Technology (BUIT)

INR 1-2 Lakhs 60 CMAT

Madhya Pradesh Bhoj Open University (MPBOU)

INR 20-30K 60 University Exam

Makhanlal Chaturvedi National University of Journalism and Communication (MCNUJC)

INR 1-1.5 Lakhs CMAT

Indira Gandhi National Tribal University (IGNTU), Regional Campus, Bhopal

INR 1-2 Lakhs

Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV)

INR 1-2 Lakhs

National Institute of Technical Teachers Training and Research (NITTTR), Bhopal

INR 1-1.5 Lakhs University Exam

Institute for Excellence in Higher Education (IEHE)

INR 50K-1 Lakh CMAT

Atal Bihari Vajpayee Indian Institute of Information Technology and Management (ABV-IIITM), Gwalior

INR 3-4 Lakhs 80 CAT/MAT/GMAT

Top Private MBA Colleges in Bhopal

MBA is one of the most popular PG degrees in Bhopal. A lot of private universities and colleges are offering this course in different specializations. There are around 94 private MBA colleges in Bhopal. They offer world-class education and facilities to students. They have strong industry connections through which they ensure the best placement. This makes them quite popular among MBA aspirants in Bhopal. Jagran Lakecity Business School, Peoples Institute of Management and Research, Bhopal School of Social Sciences, etc. are the top 3 private MBA colleges in Bhopal.

Here is a list of top private MBA colleges in Bhopal, their total tuition fee, seat intake, entrance exam, and eligibility criteria:

College Name

Total Tuition Fees (Approx.)

Seat Intake

Eligibility

Jagran Lakecity Business School (JLBS)

INR 4-5 Lakhs 60 Bachelor's degree with 50% marks

Peoples Institute of Management and Research (PIMR)

INR 2-3 Lakhs 180

Bhopal School of Social Sciences (BSSS)

INR 1.5-2 Lakhs 60

LNCT MBA (LNCT)

INR 1-2 Lakhs 120

TIT College (TIT)

INR 1.5-2 Lakhs

VNS Group of Institutions (VNS)

INR 1.5-2 Lakhs

Sagar Institute of Research and Technology (SIRT)

INR 1-2 Lakhs 180

IPER College (IPER)

INR 2-3 Lakhs 240

Patel Group of Institutions (PGOI)

INR 1-1.5 Lakhs 120

Truba Institute of Engineering and Information Technology (TIEIT)

INR 1.5-2 Lakhs

Radharaman Group of Institutions (RGI)

INR 1-2 Lakhs

RKDF Institute of Management (RKDFIM)

INR 1-1.5 Lakhs

Oriental Institute of Science and Technology (OIST)

INR 1.5-2 Lakhs

Lakshmi Narain College of Technology (LNCT)

INR 1.5-2 Lakhs

Bansal Institute of Science and Technology (BIST)

INR 1-1.5 Lakhs

Top MBA colleges in Bhopal for Finance

  1. IES College of Technology - [ICOT], Bhopal
  2. Jagran Lakecity University - [JLU], Bhopal
  3. Lakshmi Narain College of Technology - [LNCT], Bhopal
  4. People's Institute of Management & Research - [PIMR], Bhopal
  5. Vidyasagar Institute of Management - [VIM], Bhopal

Top MBA colleges in Bhopal for Human Resources Management

  1. IES College of Technology - [ICOT], Bhopal
  2. Jagran Lakecity University - [JLU], Bhopal
  3. People's Institute of Management & Research - [PIMR], Bhopal
  4. Vidyasagar Institute of Management - [VIM], Bhopal
  5. Rabindranath Tagore University - [RNTU], Bhopal

Best MBA colleges in Bhopal for Marketing

  1. IES College of Technology - [ICOT], Bhopal
  2. Jagran Lakecity University - [JLU], Bhopal
  3. People's Institute of Management & Research - [PIMR], Bhopal
  4. Vidyasagar Institute of Management - [VIM], Bhopal
  5. Rabindranath Tagore University - [RNTU], Bhopal

Best MBA colleges in Bhopal accepting CMAT

  1. IES College of Technology - [ICOT], Bhopal
  2. People's Institute of Management & Research - [PIMR], Bhopal
  3. Sagar Institute of Research and Technology - [SIRT], Bhopal
  4. Jagran Lakecity University - [JLU], Bhopal
  5. VIT Bhopal University, Bhopal

Top MBA colleges in Bhopal accepting CAT

  1. People's Institute of Management & Research - [PIMR], Bhopal
  2. Maulana Azad National Institute of Technology - [MANIT], Bhopal
  3. Jagran Lakecity University - [JLU], Bhopal
  4. VIT Bhopal University, Bhopal
  5. People's University, Bhopal

ROI of Top MBA Colleges in Bhopal

ROI or return on investment is a way to find out the profitability of any investment. An MBA degree from a top college can be quite expensive, so students must calculate the ROI of the college before admission. It is a ratio of the amount students pay for their education and the average package they receive after placement. Indian Institute of Forest Management, Maulana Azad National Institute of Technology, Peoples Institute of Management and Research, etc. are the top 3 ROI of MBA colleges in Bhopal.

Here is a list of some top MBA colleges in Bhopal with the total tuition fee and annual average package tabulated below:

College Name

Total Tuition Fees (Approx.)

Average Placement Package (Approx.)

Indian Institute of Forest Management (IIFM)

INR 6-7 Lakhs

INR 6-7 LPA

Maulana Azad National Institute of Technology (MANIT)
INR 2-3 Lakhs

INR 6-8 LPA

Peoples Institute of Management and Research (PIMR)
INR 2-3 Lakhs

INR 4-6 LPA

Bhopal School of Social Sciences (BSSS)
INR 1.5-2 Lakhs

INR 3-4 LPA

LNCT MBA (LNCT)
INR 1-2 Lakhs

INR 3-4 LPA

TIT College (TIT)
INR 1.5-2 Lakhs

INR 3-4 LPA

VNS Group of Institutions (VNS)
INR 1.5-2 Lakhs

INR 3-4 LPA

Sagar Institute of Research and Technology (SIRT)
INR 1-2 Lakhs

INR 3-4 LPA

Jagran Lakecity Business School (JLBS)
INR 4-5 Lakhs

INR 4-5 LPA

IPER College (IPER)
INR 2-3 Lakhs

INR 3-4 LPA

Top MBA Colleges in Bhopal: FAQs

Ques. Which is the best MBA college in Bhopal?

Ans. There are several top-grade MBA colleges in Bhopal including ICOT, LNCT, PIMR, IIFT, SIRT and other private universities. However, IIM Indore is considered the best MBA college in Bhopal. It is also ranked at number 8th position by the NIRF ranking framework.

Ques. How many MBA colleges are there in Bhopal?

Ans. There are around 103 MBA colleges in Bhopal. The total number of private MBA colleges in Bhopal is 94 and the number of government MBA colleges is around 9.

Ques. How can I apply to MBA programs in Bhopal?

Ans. The majority of top MBA colleges in Bhopal only consider applicants with 50% marks in graduation and prefer the scores obtained in entrance exams like CAT, XAT, MAT, UKSEE, CMAT, SNAP, ATMA, etc. for MBA admission

Ques. Which are the Top IIMs in Bhopal?

Ans. There is currently one IIM in Bhopal. They are known for offering top-grade education and placement. IIM Indore is one of the top IIMs in Bhopal.

Ques. What are the top MBA colleges in Bhopal that provide direct admission?

Ans. Most MBA colleges in Bhopal require students to clear some sort of entrance test. CAT, MAT, XAT, SNAP, GMAT, etc. are some of the popular MBA entrance exams. They can be quite tough to crack, so students seek colleges with direct admission. Here is a list of top MBA colleges in Bhopal with direct admission: 

  1. IILM Business School
  2. Mandsaur University
  3. Vidyasagar Institute of Management

Ques. What are the top MBA colleges that provide the best overseas placements?

Ans. Many top MBA colleges in Bhopal have dedicated placement cells and strong industry tie-ups. They provide good placement opportunities to their students in Bhopal and overseas. They have a huge alumni base and international connections through which they facilitate overseas placements. Here are some of the top MBA colleges offering the best overseas placements:

  1. Indian Institute of Management, Indore
  2. Indian Institute of Forest Management - [IIFM], Bhopal
  3. Lakshmi Narain College of Technology - [LNCT], Bhopal
  4. Maulana Azad National Institute of Technology - [MANIT], Bhopal
  5. LNCT University - [LNCTU], Bhopal
  6. Rajiv Gandhi Proudyogiki Vishwavidyalaya - [RGPV], Bhopal

Read More
FilterFilter
close

Filters

Found 87 colleges
Reset

List of Top-Ranked MBA Colleges in Bhopal 2024-25 Rank Wise

Universitykar Loader

Subscribe To Our Newsletter

Get Latest Notification of Colleges, Exams and News.

back back
Trending Courses View All
Top