Top MBA Colleges In Bhopal

Top MBA Colleges In Bhopal

Bhopal is the home of many prestigious universities, and has the highest number of Institutions of National Importance

Around 100 MBA colleges are situated in Bhopal. Out of the total MBA colleges in Bhopal, around 90 per cent of the colleges are owned by private organisations while bare seven per cent are funded by the Government. Nearly, two per cent of the remaining MBA colleges in Bhopal receive funding from both Government as well as endowments along with other private sources.

MBA or Masters of Business Administration is one of the most popular postgraduate programmes in Bhopal. The two-year programme is a gateway to multiple managerial level job opportunities such as Finance Manager, Sales Manager, Marketing Manager, etc. This course curriculum is designed to impart knowledge related to operations of a business and managing the business operations. Students across streams including Science, Arts, and Commerce can pursue MBA degree courses. Besides the full-time mode, candidates can pursue the course delivered as an online MBA, executive MBA, distance MBA, PGDM/part-time MBA, etc.

An MBA professional is expected to possess qualities such as communication skills, leadership, problem-solving, critical thinking, etc. MBA colleges in Bhopal accept national, state, and university level entrance exams such as CAT, CMAT, ATMA, MET, AJEE, XAT, etc.

MBA colleges in Bhopal, including their admissions requirements, placements, cutoffs, and fee structures are mentioned below. These facts can assist you in selecting the top MBA Colleges in Bhopal

List of Top Private and Government MBA Colleges in Bhopal:

Top Mba Colleges In Bhopal (Private)

Sl No.	MBA College	Type of MBA College
1	Indian Institute of Management, Ahmedabad (IIMA)	Central Govt. Created IIM
2	MICA Ahmedabad	AICTE Approved PGDM College
3	IRMA Anand	AICTE Approved PGDM College
4	Institute of Management, Nirma University (IMNU), Ahmedabad	MBA college of Nirma University
5	Entrepreneurship Development Institute of India - EDII Ahmedabad	AICTE Approved PGDM College
6	Amrut Mody School of Management (AMSM) - University of Ahmedabad	Ahmedabad University MBA College
7	Adani Institute of Infrastructure Management (AIIM) Ahmedabad	AICTE Approved PGDM College
8	6	IIM Indore
9	11	MDI Gurgoan – Management Development Institute
10	1	IIM Ahmedabad

Top MBA Colleges in Bhopal (Government)

College Name	Exam	Cutoff
Jaipuria Institute of Management, Indore	XAT	60
ATMA	65
CAT	50
Indian Institute of Management (IIM), Indore	CAT	97

Top MBA Colleges in Bhopal (Eligibility Criteria)

The requirements for a full-time MBA degree programme may vary between universities. However, the following are the core requirements for pursuing an MBA degree:

• Candidates who have completed a bachelor’s degree from a recognised university/institute are eligible to take the course. MBA qualifying criteria are not restricted by discipline or stream; individuals from all streams are eligible to apply.
• Minimum Score Requirement: Some institutes may have a minimum score requirement as a qualifying condition. Several institutes consider an applicant eligible if he or she has a minimum aggregate of 50% (UR category) or 45% (non-UR category) (reserved category).
• Work Experience: While most colleges do not demand it, previous work experience will get you top marks during the MBA selection process.

College/ University Name	Average Annual Fees
Prestige Institute of Management and Research - [PIMR], Indore	INR 1,19,500
Institute of Business Management & Research - [IBMR], Indore	INR 1,15,000
Prestige Institute of Engineering Management and Research - [PIEMR], Indore	INR 1,57,000
Shri Vaishnav Institute of Management - [SVIM], Indore	INR 73,620
CH Institute of Management & Commerce - [CHIMC], Indore	INR 58,000
Narsee Monjee Institute of Management Studies -[NMIMS Deemed to be University], Indore	INR 2,77,000
Institute of Management Studies, Devi Ahilya Vishwavidyalaya - [IMS-DAVV], Indore	INR 63,211
International Institute of Professional Studies - [IIPS], Indore	INR 81,822
BM College of Management and Research - [BMCMR], Indore	INR 55,000
Pioneer Institute of Professional Studies - [PIPS], Indore	INR 1,28,500

Top MBA Colleges in Bhopal (Admission Process)

It is importanat to understand the college admissions process in detail. Candidates who want to enrol into the best MBA colleges in Bhopal should look into the process ahead of time. The following is the basic admission process for MBA colleges in Bhopal: 

• On the college’s official website, you can apply for admission.
• Attend the specific college’s entrance exam or a national level entrance exam accepted by the college.
• Those who have been selected based on their entrance exam scores are invited to participate in the counselling process.

Top MBA Colleges in Bhopal (Fee Structure)

Private Colleges	Course Fee (in Rs)
XLRI Xavier School of Management, Jamshedpur	23.60 L
MDI Gurgaon	21.34 L
NITIE, Mumbai	11.33 L
SPJIMR, Mumbai	17.87 L
Symbiosis Institute of Business Management, Pune	10.20 L
SVKM’s Narsee Monjee Institute of Management Studies	10.42 L
Great Lakes Institute of Management, Chennai	11.81 L
Indian Institute of Foreign Trade, Delhi	8.85 L
International Management Institute, Delhi	18.34 L
ICFAI Business School, Hyderabad	14.14 L

Top MBA Colleges In Bhopal ( Top Recruiters for MBA Graduates)

Name of the college	Median Salary	Top Recruiters coming to the college
Indian Institute of Management, Bangalore	Rs 28.60 LPA (Source: IIM Bangalore placement report)	Urban Clap Aditya Birla Group Google JP Morgan Asian paints American Express
Indian Institute of Management, Calcutta	Rs 27.67 LPA (Source: IIM Kolkata placement report)	Dabur Whirlpool Nokia Dell Oracle Viacom 18
Indian Institute of Management, Ahmedabad	Rs 25 LPA (source: IIM Ahmedabad placement report 2020)	Airtel Accenture Grofers Flipkart Microsoft HSBC
Indian Institute of Management, Lucknow	Rs 23.5 LPA (Source: IIM Lauknow placement report)	Axis Bank Ebay Coca-cola Yahoo Cadbury Godrej
Indian Institute of Technology, Kharagpur	17.12 LPA (Source: VGSOM Placement Report)	UBS VISA Facebook EXL Services Linkedin Morgan Stanley

MBA Specialisations Offered in Bhopal

In Bhopal there are more than 85 MBA colleges offering MBA courses across different specialisations. Some of the specialisations offered by MBA colleges in Bhopal include:

• Sales and Marketing,
• Finance,
• Human Resources,
• Operations,
• IT and Systems,
• Agriculture and Food Business,
• Energy and Environment,
• Business Analytics, etc

CMAT and CAT are the most common MBA entrance examinations in Bhopal. Candidates with a high CMAT score will have an easier time getting into Bhopal’s best MBA schools, such as JLU Bhopal and SIRT Bhopal. The CAT is a condition for seeking admission to colleges such as IIFM and MANIT.

Apart from CAT and CMAT, colleges accept MAT, XAT, MPMET, ATMA, MAH CET, AJEE, SEE, MET, and other MBA entrance exams.

Top MBA Colleges in Bhopal (ROI)

Return on Investment (ROI) of a college is evaluated using the value for money spent. Investment is the course fee paid by the student to pursue MBA. While the return on the invested fee is the annual placement package received after the course completion. The table below mentions the top MBA colleges in Bhopal ROI wise.

Name of the College	Average Annual Fee (in Rs)	Average Placement Package (in Rs)
IIM Ahmedabad	23 L	26 LPA
IIM Bangalore	23 L	25 LPA
IIM Calcutta	23 L	27 LPA
IIM Kozhikode	20 L	22.50 LPA
IIT Delhi	9.6 L	18.47 LPA
IIM Indore	15 L	22.92 LPA
IIM Lucknow	19 L	24.25 LPA
XLRI Jamshedpur	23 L	18.80 LPA
IIT Kharagpur	10 L	18.00 LPA
IIT Bombay	8.67 L	21.96 LPA

Frequently Asked Questions

Q1. What is the approximate cost of an MBA programme in Bhopal?

Ans. It is estimated that getting an MBA in Bhopal is cost effective, as roughly 53% of universities charge an annual price of Rs 1-2 lakh. These are some of the colleges: SIRT IPER RKDF University (SU SIRT IPER RKDF)
University of Sarvepalli Radhakrishnan (SRKU)
University of Rabindranath Tagore (RNTU)
College of Technology Lakshmi Narain (LNCT)
Oriental College of Management is a business school in Shanghai, China (OCM)
The NRI Institute of Information Science and Technology is a non-profit organisation dedicated to the advancement of information science (NIIST)
IES College of Technology is part of the VNS Group of Institutions, as is Sagar Institute of Science and Technology (SISTEC)

Q2. What are the most popular examinations in Bhopal to qualify for an MBA?

Ans. CMAT, CAT, MAT, XAT, MPMET, ATMA, MAH CET, AJEE, SEE, MET, and more exams are accepted in Bhopal for MBA admission.

Q3. In Bhopal, how many MBA institutes are there?

Ans. In Bhopal, there are 85 MBA colleges.

Q4. Which MBA college in Bhopal offers the best chances of admission based on CAT scores?

Ans. Jagran Lakecity Business School, Bhopal, is the finest MBA college in Bhopal for admission based on CAT scores.

Q5. What are Bhopal's top five MBA colleges?

Ans. Jagran Lakecity Business School, Bhopal; LNCT, Bhopal; IES College of Technology; MANIT, Bhopal; and Sagar Institute of Science and Technology are the top five MBA colleges in Bhopal.

Q6. How much does Jagran Lakecity Business School in Bhopal cost?

Ans. The MBA price at Bhopal’s Jagran Lakecity Business School is Rs. 3.80 lakhs.

Q7. Can I go into any MBA programme?

Ans. Yes, there are various other entrance exams like XAT, MAT, CMAT, GMAT, ATMA etc. through which you can get admission in MBA colleges in Bhopal.