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MBA Colleges in Bhubaneswar: Fees, Exams & Placements

Updated 26 Oct 20264 min read
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Bhubaneswar has rapidly emerged as a leading destination for MBA aspirants in Eastern India. Whether you're looking for high ROI management programs, excellent placement records, or industry-oriented curriculum, Bhubaneswar offers a range of top MBA colleges suitable for diverse career goals.

Best MBA Colleges in Bhubaneswar 2026 — Quick Summary

KIIT School of Management (KSOM) – Premier placement powerhouse
Institute of Management & Information Science (IMIS) – Strong industry interface
Bhubaneswar Institute of Management Studies (BIMS) – Affordable quality
Centurion University – School of Management – Industry-oriented
Silicon Institute of Technology (MBA) – Tech + Management blend
CV Raman Global University – School of Business – Balanced ROI

KIIT School of Management (KSOM) — Premier MBA in Odisha

Part of KIIT University with NAAC A++ accreditation. Known for consistent top placement records and strong industry interface across Finance, Marketing, Operations, and Analytics specializations.
Highest Package: ₹15 LPA+
Average Package: ₹7–9 LPA
Top Recruiters: Deloitte, EY, TCS, Infosys, HDFC Bank
Entrance Accepted: CAT, MAT, OJEE, XAT, CMAT

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Xavier Institute of Management, Bhubaneswar (XIMB)

One of the oldest and most respected MBA colleges in Bhubaneswar. Features deep corporate exposure, case-study based learning, and a strong alumni network in consulting, BFSI, and FMCG sectors.
Average Package: ₹6–10 LPA
Highest Package: ₹14 LPA+
Entrance Tests: CAT / XAT / CMAT
Strong placement in consulting and analytics roles

MBA Colleges in Bhubaneswar — Fee Structure 2026

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MBA CollegeApprox Fees (2 yrs)Entrance Tests
KIIT School of Management₹6–8 LCAT / OJEE / MAT
XIMB₹7–9 LCAT / XAT / CMAT
IMIS Bhubaneswar₹4–5 LCAT / OJEE / MAT
BIMS₹3.5–4.5 LOJEE / MAT
Centurion University₹3–4.5 LOJEE / MAT
Silicon Institute₹3.5–4.5 LOJEE / MAT
CV Raman Global₹3.5–4.5 LOJEE / MAT

Placement Comparison 2026

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CollegeHighest PackageAverage PackageTop Recruiters
KIIT (KSOM)₹15 LPA+₹7–9 LPADeloitte, EY, TCS
XIMB₹14 LPA+₹6–10 LPAFMCG, BFSI, Analytics
IMIS₹8 LPA₹4–6 LPALocal & National Firms
BIMS₹7 LPA₹4–5 LPARegional Recruiters
Centurion₹6 LPA₹3.5–5 LPASMEs & Startups
Silicon₹7 LPA₹4–6 LPAIT & Analytics
CV Raman₹7 LPA₹4–6 LPAFinance & FMCG

Entrance Exams Accepted by MBA Colleges in Bhubaneswar

CAT (Common Admission Test) – Preferred by XIMB and KIIT for top merit seats
MAT (Management Aptitude Test) – Widely accepted across all colleges
OJEE (Odisha Joint Entrance Examination) – State-level advantage for Odisha candidates
XAT (Xavier Aptitude Test) – Specifically for XIMB admissions
CMAT (Common Management Admission Test) – Accepted by multiple institutes

How to Choose the Best MBA College in Bhubaneswar

Review placement records for the past 3-5 years for consistency.
Check industry tie-ups and internship quality offered.
Evaluate specializations (Finance, Marketing, Analytics, HR).
Assess faculty expertise and teaching methodology.
Consider alumni network strength for long-term career support.
Calculate ROI: Compare fees vs average salary package.

Why Choose Bhubaneswar for MBA in 2026?

Growing management education hub with increasing corporate presence.
Less competitive than metros but maintains high academic quality.
Balanced cost of living compared to Bangalore or Mumbai.
Excellent opportunity to build local and regional career networks.
Strong focus on practical training and placement support.

NIRF 2025 Management Ranks in and Around Bhubaneswar

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InstitutionNIRF 2025 Management rank
XIM University45
Siksha ‘O’ Anusandhan (SOA)66
KIIT (KSOM)68
IMI Bhubaneswar94
IIM Sambalpur (rank 34) is outside Bhubaneswar but is a key option. For a statewide comparison, read our top MBA colleges in Odisha guide.
Median package (not just the highest package)
Number of students eligible versus placed, for the latest batch
Branch- or programme-wise figures rather than a university-wide average
Names of recruiters that actually hired from the latest batch

Official Sources

KIIT School of Management and XIMB are generally considered the top choices based on placement records and brand value.

Pillar Insight

Final Recommendations: Choose KIIT for best overall placement, XIMB for brand value and ROI, IMIS/BIMS for balanced fees and placement, or Silicon for Tech+MBA specialization.

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