Top MBA Colleges in Bhopal: NIRF Ranking, Fees, ROI & More

MBA Colleges in Bhopal: There are more than 10+ MBA colleges in Bhopal which offer students an MBA degree for those who wish to complete their higher education. However, the only way to get admission to an MBA college is by taking some of the popular MBA entrance exams like CAT, MAT, XAT and several others. Continue reading this blog to find out more information on some of the top MBA colleges in Bhopal, their ranking, how to get admission and much more. 

Particulars	Details
Number of MBA Colleges	More than 100
Annual Fees	INR < 1 lakh: 62 colleges INR 1-2 lakh: 54 colleges INR 2-3 lakh: 10 colleges INR 3-5 lakh: 5 colleges INR > 5 lakh: 2 colleges
Top Specialisations Offered	Sales and Marketing Finance Human Resources IT & Systems
Accepted Entrance Exams	MAT CMAT CATMH CET

About MBA Colleges in Bhopal 2024

Master of Business Administration or MBA is one of the most sought-after programmes in India where every candidate aims to study, get a proper degree and get to a higher position. This programme is oriented towards management and marketing. Not only this, after completing this degree one can get into various fields, some of which include marketing, principles of management, supply chain management, operations management, organisational behaviour and much more. To give you a fair idea about this programme, here are some quick highlights about the same. 

List of MBA Colleges in Bhopal

Below is the list of some of the top 10 MBA colleges in Bhopal from where you can pursue your higher education in MBA. 

Name of College	NIRF Ranking (2023)	Average Annual Fees (In Lakhs)
Indian Institute of Forest Management (IIFM), Bhopal	48 (Business Today)	INR 1.25 Lakhs
Lakshmi Narain College of Technology, Bhopal	__	INR 60,000 per year
Vaishnavi Institute of Management, Bhopal	39	INR 1.01 Lakhs
IES College of Technology, Bhopal	26	INR 65,000 per year
People’s Institute of Management and Research, Bhopal	93	INR 1.4 – 2.2 Lakhs
Jagran Lakecity University, Bhopal	—	INR 1.85 Lakhs
Sagar Institute of Research and Technology, Bhopal	12	INR 60,000 per year
IPER – Institute of Professional Education and Research, Bhopal	—	INR 1.99 Lakhs
Bansal Institute of Science and Technology, Bhopal	—	INR 87,000 per year
Sagar Institute of Research and Technology- Excellence, Bhopal	13	INR 60,000 per year

Also Read: Top MBA Colleges in India

Top MBA Colleges in Bhopal: Admission Process

If you are considering to get admission in one of the top MBA colleges in Bhopal, then you will have to go through the entire process which includes: taking the entrance exam, group discussion, personal interview and counselling process. However, the selection process varies from college to college. Aside from the fact that the basic criteria remain the same. Check out the admission process for getting into an MBA college. 

• All candidates should have completed their bachelor’s degree which could be in any discipline from a recognised university.
• All candidates must have at least 50 per cent marks while reserved category students must have 45 per cent. 
• Candidates still in their final year can also apply provided they submit the final degree in the end. 

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Top Government MBA Colleges in Bhopal

Getting admission to a government college can be quite challenging. However, if you get through the entrance exams and the selection process then this is the list for you.  Here is a list of top government MBA colleges in Bhopal where you can take admission. 

Name of College	Average Annual Fees
Maulana Azad National Institute of Technology – [MANIT], Bhopal	INR 35,000/Semester
Sant Hirdaram Institute of Management, Bhopal	INR 1,18,000 per year
Vaishnavi Institute of Management, Bhopal	INR 1.01 Lakhs
RGPV – Rajiv Gandhi Proudyogiki Vishwavidyalaya, Bhopal	INR 1.30 Lakhs
The Bhopal School of Social Sciences, Bhopal	INR 1 Lakh
Vidhya Sagar Institute of Management, Bhopal	INR 1 Lakh
Indian Institute of Forest Management – [IIFM], Bhopal	INR 7.8 Lakhs
Barkatullah University (BU), Bhopal	INR 40,450 per year
Makhanlal Chaturvedi National University of Journalism and Communication, Bhopal	INR 51,910 per year

Top Private MBA Colleges in Bhopal

Below is the list of some of the top private MBA colleges in Bhopal which will help you get admission. 

Name of College	Average Annual Fees
People’s Institute of Management and Research – PIMR Bhopal	INR 70,000
LNCT University – [LNCTU], Bhopal	INR 1,70,000 Lakhs
Jagran LakeCity Business School, Bhopal	INR 2,10,000 Lakhs
Sagar Institute Of Research And Technology – [SIRT], Bhopal	INR 60,000
Rabindranath Tagore University – [RNTU], Bhopal	INR 1.20 Lakhs

Also Read

15 Top MBA Colleges in Pune 2024	Top MBA Colleges in Bangalore 2024
Top MBA Colleges in Chennai 2024	Top MBA Colleges in Delhi 2024
Top MBA Colleges for MAT Exam 2024	Top MBA Colleges in Kolkata 2024

Top MBA Colleges in Bhopal With Low Fees

If you are one of those who wants to study MBA with low fees then here’s the list for you. 

get admission to one of the top MBA colleges.

Name of College	Average Annual Fees
MANIT, Bhopal	INR 1 Lakh
Indian Institute of Forest Management, Bhopal	INR 7.8 Lakhs
Mansarovar Global University, Bhopal	INR 75,000 per annum
Lakshmi Narain College of Technology, Bhopal	INR 69,000
Bhabha Institute of Management, Bhopal	INR 1,10,000 Lakhs

Top MBA Colleges in Bhopal Without Entrance Exam

If you are one of those who have missed the deadlines for all the entrance exams then worry not as we have also compiled a list of some of the top MBA colleges in Bhopal where you can get admission without an entrance exam. 

College Name	Average Annual Fees
Technocrats Institute of Technology	INR 32,500
Mandsaur University	INR 45,000
Vidyasagar Institute of Management	INR 45,500
IILM Business School	INR 50,000
Chakravarti Rajagopalachari Institute of Management	—

Popular Entrance Exams for MBA Colleges in Bhopal

Confused about which exam to take to get into an MBA college in Bhopal? Here are some popular entrance exams which will help get to study for this degree.

• XAT
• MAT
• CAT

Top MBA Colleges in Bhopal ROI

Return on Investment (ROI) is one of the most critical factors at the time of selecting a good college, especially for management courses. With the help of ROI, students will be able to calculate the profitability rate of pursuing the course. Other than this, you will also be able to calculate the time it will take to recover the invested money (fees) after the placement. 

Here is the ROI for some of the top colleges in Bhopal which will be helpful for you in choosing the right college.

Name of College	Average Annual Fees	Average Placement Package
IES University, Bhopal	INR 2,62,000 Lakhs	INR 4.50 LPA
Oriental College Of Management (MBA)- [OCM], Bhopal	INR 87,600	INR 3.38 LPA
Sagar Institute Of Research And Technology – [SIRT], Bhopal	INR 32,500	INR 4.50 LPA
SAM Global University, Bhopal	INR 30,000	INR 6.0 LPA

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MBA for Working Professionals	MBA in Delhi University
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FAQs

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