TOP MBA Colleges in Bhopal 2024 Based on Ranking 2024

Bhopal is the home of many prestigious universities, and has the highest number of Institutions of National Importance; 15, to be exact. Barkatullah University is considered to be the best MBA college in Bhopal, due to their promising expertise in the field of management.

But it’s not the only MBA college in Bhopal! There are plenty of top MBA colleges in Bhopal which provide management courses in various fields among the students. We’ve brought you a list of the top MBA colleges in Bhopal that are worth joining today.

Top 10 MBA Colleges in Bhopal

Bhopal, the capital city of Madhya Pradesh, is renowned for its educational excellence, particularly in the field of management studies. With a total of 106 management colleges, including 89 offering MBA programs, the city serves as a prominent hub for aspiring business leaders. Among these institutions, the Indian Institute of Forest Management (IIFM) stands out as the leading MBA college in Bhopal, offering an impressive intake of over 225 seats for its MBA/PGDM courses. As a premier institution, IIFM Bhopal is recognized for its exceptional academic standards and specialized focus on forest management, making it a top choice for students pursuing management education.
The table below lists the top MBA colleges in Bhopal along with their respective seat intake for MBA/PGDM courses.
College/ University Name Seats Intake
Bansal Institute of Science and Technology, Bhopal 60+
Vaishnavi Institute of Management, Bhopal 60+
Jagran Lakecity University, Bhopal -
People's Institute of Management and Research, Bhopal 150+
IES College of Technology, Bhopal 180+
Sagar Institute of Research and Technology, Bhopal 180+
Sagar Institute of Research and Technology- Excellence, Bhopal 180+
Indian Institute of Forest Management - [IIFM], Bhopal 225+
IPER - Institute of Professional Education and Research, Bhopal 300+
Lakshmi Narain College of Technology, Bhopal 300+

Best MBA Colleges in Bhopal: Exam Schedule 

The most popular entrance exams accepted by MBA colleges in Bhopal are outlined below:

  • CMAT (Common Management Admission Test): Conducted by the National Testing Agency (NTA), CMAT is a leading business aptitude test for admission to MBA/PGDM courses. Previously managed by AICTE, CMAT ranks as the third most popular MBA entrance exam in India, following CAT and XAT. Approximately 70,000 candidates appear for CMAT annually, and the exam is accepted by over 1,300 B-schools, including top institutions like Great Lakes Institute of Management, JBIMS, SIMSREE, K J Somaiya, and Welingkar. The CMAT paper comprises 100 questions covering Quantitative Techniques & Data Interpretation, Logical Reasoning, Language Comprehension, General Awareness, and Innovation & Entrepreneurship, with an overall easy-to-moderate difficulty level.
  • CAT (Common Admission Test): CAT, administered by the Indian Institutes of Management (IIMs), is the most prestigious management entrance exam in India. It is held for admission to MBA courses at 21 IIM campuses and over 1,200 B-schools across the country. In 2023, the exam saw a record 3.30 lakh registrations. CAT evaluates candidates on Verbal Ability, Logical Reasoning, Quantitative Ability, and Data Interpretation.

Below is a list of the entrance exams for MBA colleges in Bhopal, along with their exam dates, schedules, and cut-off predictors:

Exam Name Dates Schedule Cut-off Predictor
CAT  24 Nov '24 CAT Schedule CAT 2024 Predictor
XAT  5 Jan '25 XAT Schedule XAT 2024 Predictor
CMAT  Closed for 2024 CMAT Schedule CMAT 2024 Predictor
MAT CBT  7 Dec '24 MAT Schedule MAT 2024 Predictor

This information will assist prospective MBA candidates in planning their preparation for the entrance exams and estimating the cut-off marks for each exam.

BEST MBA Government Colleges in Bhopal 

There are around 9 MBA government colleges in Bhopal. Barkatullah University - BU Bhopal is one of the best MBA government colleges in Bhopal. The University offers MBA/ PGDM in 2 specializations and has a seat intake of 180+ for MBA/ PGDM courses. Check out the MBA government colleges in Bhopal with MBA seat intake. 

College/ University Name COURSE
Barkatullah University (BU), Bhopal INR 76,000
Vidhya Sagar Institute of Management, Bhopal

INR 89,000

Vaishnavi Institute of Management, Bhopal INR 1 lakh
Indian Institute of Forest Management - [IIFM], Bhopal

INR 12 lakh

Sant Hirdaram Institute of Management, Bhopal

INR 1 lakh - INR 2 lakh

Makhanlal Chaturvedi National University of Journalism and Communication, Bhopal INR 70,000
Maulana Azad National Institute of Technology - [MANIT], Bhopal

INR 1 lakh

Best Private MBA Colleges in Bhopal

The table below shows the private MBA colleges in Bhopal along with their total tuition fees:

College Names Total Course Fee
SAM Global University
INR 60,000 - INR 70,000
Sagar Institute of Research and Technology INR 1 lakh
RKDF University Bhopal INR 1 lakh
Rabindranath Tagore University
INR 50,000 - INR 1 lakh
Jagran Lakecity University
INR 2 lakh – INR 3 lakh
Institute of Professional Education and Research INR 2 lakh

Best Semi-Govt MBA Colleges in Bhopal

The table below shows the semi-private MBA colleges in Bhopal along with their total tuition fees:

College Names Total Course Fee
Vidhya Sagar Institute of Management Admission INR 89,000
Vaishnavi Institute of Management Admission INR 1 lakh

BEST  MBA Colleges in Bhopal: ROI (Return on Investment)

Return on Investment (ROI) is a crucial factor when selecting a college, particularly for management courses, as it helps prospective students assess the financial benefits of their education. ROI allows students to evaluate the profitability of enrolling in a specific college by comparing the average placement packages with the annual course fees. It also helps estimate the time required to recover the investment made in terms of tuition fees. Given that fees in top MBA colleges can be quite high, the ROI is significantly influenced by the fee structure and the potential salary after graduation. In Bhopal, several top MBA colleges offer attractive placement packages at relatively low course fees, resulting in a high ROI for students. Below, we have outlined the ROI of some of the leading MBA institutions in Bhopal, providing valuable insight into the financial returns one can expect from their management education.

College Name Average Annual Fees Annual Placement Package ROI* Rank
IES University, Bhopal INR 2,62,000 INR 4.50 LPA 5
Oriental College Of Management (MBA)- [OCM], Bhopal INR 87,600 INR 3.38 LPA 3
RKDF University, Bhopal INR 95,000 INR 3.40 LPA 4
Sagar Institute Of Research And Technology - [SIRT], Bhopal INR 32,500 INR 4.50 LPA 2
SAM Global University, Bhopal INR 30,000 INR 6.0 LPA 1
 
*ROI= (Average Annual Package/ Average Annual Fee)* 100%
  • IES University Bhopal is one of the best MBA colleges in Bhopal. It offers an average placement package of INR 4.5 LPA.
  • RKDF University Bhopal is offering a quite good placement package at low course fees and is placed in 4th place for high ROI.
  • Sagar Institute Of Research & Technology - [SIRT], Bhopal ranks at 2nd place in terms of ROI followed by Oriental College Of Management at 3rd place.
  • SAM Global University Bhopal is offering the highest ROI with an average CTC of INR 6.0 LPA.

 

 
 
 
 
 

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Showing 57 Colleges

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IES College of Technology

Bhopal, Madhya Pradesh Private 2.8
Courses Offered

4 Courses

Exam Accepted

-/-
Tuition Fees Range ₹1 L-2.20 L
Accreditation -/-

Sagar Institute of Research and Technology

Bhopal, Madhya Pradesh Private 3.3
Courses Offered

6 Courses

Exam Accepted

CMAT , GATE
Tuition Fees Range ₹1.02 L-3.04 L
Accreditation NBA

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NIT Bhopal

Bhopal, Madhya Pradesh Public 3.2
Courses Offered

9 Courses

Exam Accepted

GATE , IIT JAM
Tuition Fees Range ₹45 K-6.25 L
Accreditation -/-
Courses Offered

15 Courses

Exam Accepted

-/-
Tuition Fees Range ₹30 K-12.50 L
Accreditation NAAC-A , NBA

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LNCT Bhopal

Bhopal, Madhya Pradesh Private 3.5
Courses Offered

4 Courses

Exam Accepted

CAT
Tuition Fees Range ₹1.24 L-5.11 L
Accreditation NBA
Courses Offered

5 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-
Courses Offered

10 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

SSSUTMS

Bhopal, Madhya Pradesh Private 3.9
Courses Offered

4 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

Vidyasagar Institute of Management

Bhopal, Madhya Pradesh Private
Courses Offered

2 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-
Courses Offered

3 Courses

Exam Accepted

JEE Main
Tuition Fees Range ₹1.48 L-3.09 L
Accreditation -/-
Courses Offered

2 Courses

Exam Accepted

-/-
Tuition Fees Range ₹91 K-2.08 L
Accreditation -/-

Shree Institute of Science and Technology

Bhopal, Madhya Pradesh Private
Courses Offered

3 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

TIT Bhopal

Bhopal, Madhya Pradesh Private 3.6
Courses Offered

7 Courses

Exam Accepted

CMAT , JEE Main
Tuition Fees Range ₹1.20 L-3.20 L
Accreditation -/-

SRK University

Bhopal, Madhya Pradesh Private 3.4
Courses Offered

15 Courses

Exam Accepted

-/-
Tuition Fees Range ₹64 K-13.91 L
Accreditation -/-

Bansal Institute of Science and Technology

Bhopal, Madhya Pradesh Private 2.9
Courses Offered

5 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

RKDF Institute of Management

Bhopal, Madhya Pradesh Private
Courses Offered

1 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-
Courses Offered

3 Courses

Exam Accepted

CMAT , JEE Main
Tuition Fees Range -/-
Accreditation NBA
Courses Offered

3 Courses

Exam Accepted

CMAT
Tuition Fees Range -/-
Accreditation -/-

Madhyanchal Professional University

Bhopal, Madhya Pradesh
Courses Offered

16 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

VNS Group of Institutions

Bhopal, Madhya Pradesh Private
Courses Offered

3 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

People's Institute of Management and Research

Bhopal, Madhya Pradesh Private 1.5
Courses Offered

4 Courses

Exam Accepted

CMAT
Tuition Fees Range -/-
Accreditation -/-

Scope College of Engineering

Bhopal, Madhya Pradesh Private
Courses Offered

5 Courses

Exam Accepted

-/-
Tuition Fees Range ₹96 K-2 L
Accreditation -/-

Bhabha Engineering Research Institute

Bhopal, Madhya Pradesh Private 3.2
Courses Offered

4 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

Mittal Institute Of Technology

Bhopal, Madhya Pradesh Private
Courses Offered

3 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-

Jai Narain college of Technology (JNCT)

Bhopal, Madhya Pradesh Private 3.3
Courses Offered

5 Courses

Exam Accepted

-/-
Tuition Fees Range ₹1.10 L-2.20 L
Accreditation -/-

Patel Institute of Technology

Bhopal, Madhya Pradesh Private 1.9
Courses Offered

3 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-
Courses Offered

3 Courses

Exam Accepted

-/-
Tuition Fees Range -/-
Accreditation -/-
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