Best MBA Colleges in Odisha

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MBA Colleges in Odisha

The state of Odisha is one of the most desirable states for pursuing higher education in areas like engineering and management studies. Odisha is not just known for its cultural diversity and ancient Hindu temples but also for having some of the best colleges in the world and for being a hotspot for international students who wish to study in India. If you want to study MBA in Odisha, then this blog is perfect for you! We have compiled all the best MBA colleges in Odisha, the courses they offer and the admission criteria for you! 

No. of Colleges150 (Approx.)
FeesAnnual Fee < INR 1 lakh: 16%Annual Fee INR 1-2 lakh: 48%
Top SpecialisationsFinance, Sales & Marketing, Human Resources, IT & Systems, Operations etc. 
Admission ProcessEntrance Based: OJEE, CAT, MAT, etc.

Top MBA Colleges in Odisha

Odisha has a huge number of universities and colleges offering master’s, diploma and doctoral programmes in business administration in a wide range of specialisations for you to pick and choose from. The admissions to all these colleges differ from one another but all of them follow the standard procedure: They require candidates to clear national entrance exams for MBA as a basic and essential requirement, followed by a written test/group discussion and personal interview. Here is a list of some of the top MBA colleges in Odisha and Bhubaneshwar:

  • Xavier Institute of Management, Bhubaneshwar (XIMB)
  • Kalinga Institute of Industrial Technology
  • KIIT School of Rural Management
  • International Management Institute
  • Regional College of Management
  • Institute of Management and Information Science
  • IIM Sambalpur
  • ASBM University
  • Birla Global University
  • Utkal University

Check Out: MBA Colleges in Bangalore

Let us look at some MBA colleges in Odisha in more detail to find which one is the best college for you!

MBA Colleges in Orrisa NIRF Ranking 2022

The below table shows the MBA in Orrisa that are ranked under NIRF:

College NameNIRF 2020NIRF 2021NIRF 2022
Xavier University, Bhubaneswar313435
Kalinga Institute of Industrial Technology323148
IIM, SambalpurNot Ranked6166
IMI, Bhubaneswar636270

Xavier Institute of Management, Bhubaneshwar

Xavier Institute of Management, Bhubaneshwar (XIMB) is located in the capital city of Odisha. It was founded in the year 1987, is affiliated with Xavier University and is managed by the Govt. of India in collaboration with the state government and the Odisha Jesuit Society. The college is dedicated to academic research; it is known for collaborating with the government for the promotion of socio-economic development. Ranked 31st amongst the top schools for management courses in India, XIMB is the best college in the state for pursuing an MBA. They offer a range of postgraduate for which candidates must produce scores of either GMAT, CAT, XAT or X- GAT and doctoral programmes for which candidates must give X-RAT (Xavier – Research Aptitude Test). The college offers the following programmes:

  • MBA in Business Management
  • Executive MBA (EMBA)
  • PhD in Business Management (full-time and part-time)

Read: MBA Colleges in Pune

Kalinga Institute of Industrial Technology, School of Management

An institute of Eminence, a private deemed-to-be university and ranked 32nd amongst the top MBA colleges, KIIT is one of the best colleges in Odisha for pursuing a wide range of courses in various subjects, especially management studies. Its School of Management was established back in 1993 to impart management education with a focus on industry. The institute strikes a balance between classroom learning and practical exposure to prepare the students for a fast-paced corporate lifestyle. They offer bachelor, master’s and doctoral MBA programmes. The institute accepts all national entrance exams like GMAT, MAT, CAT, XAT, ATMA and CMAT for masters, UGAT for bachelor programmes and KIITEE or UGC-NET for doctoral programmes.

KIIT School of Rural Management

Affiliated with the KIIT University and founded in the year 2006, KIIT School of Rural Management has emerged as one of the finest business schools in the state. It is the best amongst a small number of colleges offering specialisations in rural management studies. The institute focuses on experiential learning, it has great infrastructure and incredible faculty members. The college offers unique MBA programmes and in order to apply, you can either appear for the KIITEE Management entrance exam or submit the scores of other national entrance exams for an MBA.

  • MBA in Rural Management
  • MBA in Agribusiness Management
  • Post Graduate Diploma in Community Development (PGDCD)

International Management Institute, Bhubaneshwar

Founded in 2011, IMI Bhubaneshwar is one of the youngest business schools in the state. Ranked 63rd by NIRF India ranking for MBA, the college has made a name for itself in a short span. The institute offers AICTE-accredited courses and has tie-ups with international business schools located in Mexico, China, New York and France.  The institute believes in holistic development, industrial exposure, academic excellence and social responsibility. As a part of their admissions requirements to their postgraduate courses, the college accepts all major national entrance exam scores. The candidates have to appear for IMI Bhubaneshwar Research Aptitude Test or submit scores of CAT/GMAT/GRE/UGC NET/CSIR/NBHM. Here are all the management programmes they offer:

Regional College of Management

Ranked as the 4th Best Business School in Eastern India, it is the first management college of Odisha. Its MBA programmes are accredited by AICTE and UGC. The institute has a great faculty, well-developed infrastructure and a holistic industry-focused curriculum for all its programmes. Regional College of Management has provided quality education, infrastructure and great career opportunities over the past many years. For admissions, they accept all the main MBA entrances and the programmes at the college are:

  • Bachelors in Business Administration
  • Masters in Business Administration
  • PGDM

Also Read: Top MBA Colleges in Canada

IIM Sambalpur

IIM Sambalpur is a public business school set up by the Government of India and is amongst the renowned IIMs. It belongs to the new generation of IIMs set up in 2014 -15 and under the mentorship of IIM Indore. Ranked 76th by NIRF India rankings for MBA and one of the top MBA colleges in Odisha, it is one of the youngest business schools in eastern India and widely known for academic excellence in the field of management studies. The college offers several flagship MBA programmes and the admission requirements for the same include scores of the CAT exam. The programmes are as followed:

  • Masters in Business Administration
  • PhD 

Explore: Doing A PhD after MBA

MBA Colleges in Orissa Eligibility Criteria 

MBA requirements may range from one college to the next. However, the core MBA eligibility criteria are as follows:

  • As some basic qualifying criteria for MBA, candidates must have completed a bachelor’s degree in any discipline or equivalent from a reputable university. (full-time).
  • Most institutes have a graduation minimum score requirement of 50% on average or comparable. The minimum aggregate score for reserved category students is 45%.
  • Final-year graduating applicants are also eligible to apply for MBA, as long as they produce proof of graduation degree completion within the time frame given by the institute.

ROI of MBA Colleges in Orrisa

College NameTotal Tuition FeeAverage Median Package
Xavier University, BhubaneswarINR 17.9 lakhINR 14.5 LPA
IIM, SambalpurINR 10.15 lakhINR 10.35 LPA
Xavier School of Rural ManagementINR 12.2 lakhINR 14.5 LPA
IMI, BhubaneswarINR 9.15 lakhINR 8.91 LPA

Top Recruiters

College NameTop Recruiters
KSRMAdani Group, NDDB Dairy Services, Amul, Care India, Bandhan Bank, etc.
IIM, Sambalpur EY, Education, S759 LABS, IBM Global Services, Just Dial, HDFC Bank
IMI, BhubaneswarHDFC Bank, Deloitte, Cognizant, ICICI Bank, Wipro, InfoTech, Google, etc.
Xavier School of Rural ManagementICICI bank, Coromandel, Cargill, Deloitte, Pradan, and BasiX, etc.
Xavier University, BhubaneswarCapgemini, CITI Bank, Cognizant, CRISIL, Dell, Deloitte, etc.


Which is the best placement MBA college in Odisha?

XIM Bhubaneswar and KSOM Bhubaneswar are the best placement MBA colleges in Odisha.

Is MBA costly or not?

Many programmes include fees for international business trips, real-world consulting engagements, and other experiences. Organizing career fairs, workshops, and coaching, on the other hand, makes giving an MBA an expensive endeavour for institutions.

How can I join MBA in Odisha?

CAT, MAT, XAT, CMAT, ATMA, SAAT, and other entrance tests are used to get admission to management programmes at state colleges. Candidates who want to study at Xavier Institute of Management, Bhubaneswar (XIMB) can apply for the CAT, XAT, and GMAT.

Hopefully, this blog familiarized you with the top MBA colleges in Odisha. If you are interested in pursuing an MBA abroad, then there are various internationally renowned business schools you must check out! Sign up for a free session with our Leverage Edu mentors today and let us help you find the right business school and MBA program as per your interests and aspirations!

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