Top 10 MBA Colleges in Odisha for Best Faculty and Placements

MBA is one of India’s and the world’s most popular post-graduate degrees. MBA stands for Master of Business Administration. An MBA degree is required for most managerial level jobs across domains and sectors, which is why many graduates now pursue an MBA after graduation.

Are you planning to pursue an MBA from the best MBA colleges in Odisha? If you’re looking for MBA admissions, here’s a list of the top 10 MBA colleges in Odisha that offer 100% placement assistance. MBA jobs can be found in various settings, including multinational corporations, industrial houses, business consultancies, banks, and more.

Find the Top 10 MBA Colleges in Odisha

In Orissa, there are several private and government MBA colleges. The following is a list of some of Orissa’s best private and public MBA colleges.

1. Centurion University Of Technology & Management (CUTM)

Centurion University is a 120-acre campus. It offers 28 diploma, UG, and PG courses. The university provides scholarships to deserving students. All students at Centurion University have the opportunity to be placed.

CUTM Bhubaneswar Campus Courses and Fees:

• MBA in Finance / HR / Marketing / DA – 6 – 7.5 Lakhs
• MBA in Healthcare Management – 6 – 7.5 Lakhs

Paralakhemundi Campus Courses and Fees:

• MBA in Development Management (Rural & Urban Development Management) / Agribusiness Management – 7.5 – 10 Lakhs

Admission Details:

Admission to their MBA programs is based on performance in the university’s Centurion University Entrance Examination (CUEE). Only students who have completed all the admission procedures, paid the admission fees and verified their documents are eligible for admission.

2. Xavier Institute of Management, Bhubaneswar (XIMB)

XIMB offers post-graduate and doctoral courses in a variety of fields. It aims to instil leadership skills and competitive advantage.

XIMB Bhubaneswar Courses and Fees:

• MBA in Business Management – 20 Lakhs
• EMBA Business Management – 15.20 Lakhs

Admission Details:

Candidates’ XAT/CAT/GMAT scores determine acceptance into XIMB’s MBA Business Management and Executive MBA Business Management programs. A Written Ability Test, a personal interview, and a group discussion are also required. For these courses, the college offers X-MAT.

3. Amity Global Business School, Bhubaneswar

It offers GDBA+BBA and PGPM+MBA programs. In collaboration with Amity University, BBA and MBA programs are offered online.

Amity Global Business School Courses and Fees:

• GDBA+BBA – 3.8 Lakhs
• PGPM+MBA – 5 Lakhs

Admission Details:

At both the undergraduate and graduate levels, admission is determined by the results of the qualifying exam, the English essay, and the interview. Direct admissions to PG programs are also available, based on merit and the results of national-level exams. Candidates can fill out application forms for various programs both online and offline.

4. IIM Sambalpur

It is one of the country’s third-generation IIMs, having been approved by the Indian government. The institute offers post-graduate and doctoral-level courses. All IIM Sambalpur courses have different admissions criteria and require a different admissions process.

IIM Sambalpur Courses and Fees:

• MBA – 10.5 Lakhs
• Executive MBA – 9 Lakhs

Admission Details:

The institute admits students to four post-graduate and doctoral programs. Candidates are chosen for admission based on their CAT score, Personal Interview, and Written Analysis Test. To complete the application process, candidates must meet all deadlines and dates for all submissions. Those with a bachelor’s degree or in the final year of a graduate program are eligible for admission to IIM Sambalpur.

5. IMI Bhubaneswar

The All India Council for Technical Education has approved IMI Bhubaneswar’s programs. Every year IMI students are placed in reputable companies.

IMI Bhubaneswar Courses and Fees:

• PGDM – 12.51 Lakhs
• PGDM Part Time – 4.95 Lakhs
• FPM – 6.37 Lakhs

Admission Details:

Admission to the PGDM program is based on CAT/XAT/CMAT/GMAT scores. After a personal interview and group discussion, the final decision is made. For admission to the FPM program, the college administers the IMI Bhubaneswar Research Aptitude Test. The final selection of candidates for admission to the FPM course is based on entrance score, essay writing and personal interview performance.

6. KSOM Bhubaneswar – KIIT School of Management

The college offers 8 UG, PG and doctoral courses. It has several industrial partners who contribute to the students’ overall development. Scholarships are available for deserving students.

NIT Rourkela Courses and Fees:

• MBA – 10.20 Lakhs
• BBA – 9.27 Lakhs

Admission Details:

Candidates must meet the institute’s eligibility criteria to apply for admission to the KIIT School of Management. For admission to MBA programs, the college holds the Kalinga Institute of Industrial Technology Entrance Examination. The MBA admission is also based on CAT/MAT/GMAT/CMAT/XAT scores. Admission to the BBA program is based on a candidate’s performance in the UGAT. The final selection for admission to BBA is made based on performance in a PI and an entrance exam.

7. Sri Sri University, Cuttack

The university offers undergraduate, graduate, and doctoral programs. Its mission is to provide students with an education combining Western innovation with Eastern values and wisdom.

Sri Sri University Courses and Fees:

• MBA – 6.60 – 6.84 Lakhs
• BBA – 3 – 3.29 Lakhs

Admission Details:

For admission to its undergraduate, post-graduate, and integrated programs, Sri Sri University holds an entrance exam known as the SSU CET. Admission to its MBA and PGDM programs will be determined by the merit of the qualifying exam, psychometric assessment, and interview performance. The entrance exam, group discussion, and personal interview also determine admission to the MBA program.

8. CV Raman Global University, Bhubaneswar

CVRU is part of the CV Raman Group of Institutions and is affiliated with Biju Patnaik University of Technology.

CV Raman Global University Courses and Fees:

• MBA – 2.72 Lakhs

Admission Details:

CVRU Bhubaneswar offers six types of bachelor’s, master’s, and doctoral programs. Admission to MBA programs is based on entrance exams (CAT/MAT/XAT, CGET, and ATMA). Candidates applying to this college must adhere to the deadlines posted on the official website and complete all procedures to submit their applications on time.

9. Utkala University

Utkal University focuses on innovative teaching, learning, research, consulting, and extension activities to develop a productive civil society. Students can enrol in UG, PG, Ph.D., and M.Phil courses at the university. Fees for major courses are as follows.

Utkal University Courses and Fees:

• MBA – 1.40 Lakh  
• BBA – 1.70 Lakh

Admission Details:

To be eligible for MBA programs at Utkal University, a candidate must have a Bachelor’s degree in any field with a minimum of 50% in the aggregate and a valid score on entrance exams such as the CAT, MAT, or University entrance test. Candidates are chosen based on their performance in the entrance exam and the GD and PI rounds.

10. Fakir Mohan University

FMU offers UG, PG, and M.Phil courses. It is the only institute in India that offers a post-graduate course in ballistics.

Fakir Mohan University Courses and Fees:

• MBA – 57.32 K – 1.27 L

Admission Details:

Fakir Mohan University offers a two-year PG MBA program based on OJEE scores. Since 2004, the Department of Business Management has offered a semester-based MBA program in finance, marketing, and human resource management (HR). For more details regarding their other courses, visit their website.

Eligibility for MBA

Obtaining a minimum of 50% in graduation is required for an MBA course. MBA admission is open to students from any field, though some colleges require a bachelor’s degree. Students in MBA programs have no upper age limit, but some MBA exams require students to be 21 years old at the time of the exam.

Securing a minimum cut-off score in the CAT Exam is required for MBA eligibility at the top MBA colleges in Odisha.

MBA Courses and Specializations

The MBA degree is renowned for providing a comprehensive view of the business. Marketing, finance, strategy, accounting, and other critical management topics are covered in core MBA modules.

But what if you want to dig deeper into a particular subject? MBA specializations allow you to supplement your generalist management training by specializing in a specific field. Some specialization courses are –  

• Finance

MBA Specialization in Finance is a popular choice among students who want to excel and develop leadership skills in financial management, corporate financial planning, corporate acquisitions and mergers, accounting, banking, and financial management.

Those who want to pursue finance management after completing a bachelor’s degree in commerce, science, or humanities, completed CA/CS/ICWA, or have an engineering background, can pursue an MBA specialization in finance from one of the top MBA colleges in Odisha. Admission to the MBA Finance program is also open to people of all ages.

While all 2-year Full-Time Regular MBA programs offer this specialization in their second year, only a few top Institutes in Odisha offer Specialized MBA in this area.

• Human Resource Management (HRM)

The industry is scrambling for MBAs with HRM specializations. Managing and retaining the best human resources at work has become a challenge. As a result, the demand for candidates who have completed an MBA in HR is increasing year after year in corporate and industrial settings. MBAs in HR are in high demand today for deploying their skills to hire, manage, and retain talent in these dynamic and challenging times, thanks to increased recognition of the critical issues in managing human resources in businesses.

If you’re interested in the most sensitive ‘Human’ side of a company, the MBA HRM specialization is the right fit for you. The program requires the Human Resource Manager to ensure that the business organization has the necessary number of skilled employees knowledgeable about their jobs and the organization’s objectives. The program’s main goal is to develop critical skills, knowledge, and a sensitive HR professional who can easily handle core business and human resource challenges.

• General Management

MBAs in General Management are extremely popular and teach students critical thinking, problem-solving, and risk management skills. Future graduates will be able to hold management or administrative positions in various organizations using these skills.

Professional Development, Business Analytics, Project and Quality Management, Marketing Management, Economics for Managers, and Organizational Behaviour are just a few of the courses you’ll take. You can apply for a variety of management and administrative positions after graduation, including Business Development Manager, Real Estate Manager, and Risk Management Manager.

Most General Management MBAs are completed in one or two years. MBAs in General Management can also be found online.

• Entrepreneurship

Entrepreneurial MBAs aren’t for everyone. You must be very ambitious, perseverant, and willing to take on large responsibilities if you decide to start your own business or take charge of a family endeavour.

Entrepreneurship MBA programs include classes in Business Innovation, Generating Start-up Ideas, Venture Feasibility, Sustaining a Startup, Resource Management, Entrepreneurial Strategies, and Product Design & Marketing, in addition to general business courses.

Most students either start their own business or use their new skills and knowledge to improve the management of their current business after graduation. If you want to work for another company, you have various options, including Management Consultant, Senior Product Manager, CEO, and so on.

• Rural Management

Rural management accounts for more than half of India’s marketing, finance, and human resource management. Over the next three to four years, India will require an increasing number of qualified professionals with an MBA in Rural Management. This is why multinational corporations are increasingly attracted to skilled professionals with an MBA in Rural Management.

The MBA specialization in Rural Management from top MBA colleges in Odisha applies management theories and practises to rural areas that have the potential to become high-potential markets in the future. The Rural Management program teaches students how to learn about and manage rural markets dominated by agriculture and allied products made from locally available raw materials.