Top MBA/PGDM Colleges in Orissa Based on 2024 Ranking

Top MBA colleges in Odisha are XIM University, Kalinga Institute of Industrial Technology, IIM Sambalpur, IMI Bhubaneswar, etc. There are 146 MBA colleges in Odisha which include 115 Private and 29 Government MBA colleges in Odisha. The top MBA colleges in Odisha offer regular MBA, Distance MBA as well as Online MBA. Most of the best MBA colleges in Odisha are approved by AICTE and affiliated with BPUT Rourkela.  

  • XIM University and Kalinga Institute of Industrial Technology are the best MBA colleges in Odisha and are ranked 35 and 48 as per the latest NIRF rankings.
  • Some of the top Govt MBA colleges in Odisha are IIM Sambalpur, IITTM Bhubaneswar, and Khallikote University. See Top MBA colleges in Bhubaneswar 
  • MBA Admission into most of the top MBA colleges in Odisha is offered through CAT, MAT, XAT, OJEE, etc. scores followed by a GD/ PI round. Check CAT Latest Updates
  • International Management Institute Bhubaneswar, Regional College of Management, and ASBM Bhubaneswar are among the top 10 MBA colleges in Odisha. See Top MBA colleges in Karnataka 
  • The average fees for pursuing MBA courses in the best MBA colleges in Odisha range between INR 80,000 to INR 5,50,000 annually. 
  • Top MBA colleges in Odisha offer high placement opportunities with average good ROI. The average CTC ranges between INR 3 LPA to INR 8 LPA. XIM Bhubaneswar and KSOM Bhubaneswar are the best placement MBA colleges in Odisha.

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Top 10 MBA Colleges in Odisha

Odisha is also known as the "Soul of India" and it hosts some of the top-ranked and best Management colleges in India. Top MBA colleges in Odisha include KSOM Bhubaneswar, IIM Sambalpur, etc. Tabulated below are the top 10 MBA colleges in Odisha with MBA seats:

College Name  MBA seats
KIIT School of Management, Kalinga Institute of Industrial Technology 480+
IMI Bhubaneswar - International Management Institute 180+
NIT Rourkela - National Institute of Technology 75+
SOA - Siksha 'O' Anusandhan University 300+
GIET University 120+
GITA - Gandhi Institute for Technological Advancement 180+
Ravenshaw University 60+
Biju Patnaik Institute of Information Technology and Management Studies 60+
Birla Global University 180+
Utkal University 344+

Top MBA Colleges in Odisha: Rankings

Various institutes are ranked by multiple agencies based on certain categories like country-wise, state-wise, city-wise, etc. The top agencies that rank the institutions are NIRF, Times, The Week, QS Ranking, Outlook, etc. These agencies use various parameters to rank the institutions. 

Given below are rankings of top MBA colleges in Maharashtra by some of the top-ranking agencies in India.

Top MBA Colleges in Odisha with NIRF Ranking

National Institutional Ranking Framework also known as NIRF  is a methodology adopted by the Indian government to rank top Education institutions in India. NIRF ranks an Institute based on 5 different parameters. It is under the Ministry of Education. Every year NIRF publishes ranking lists of top Institutions in India for 8 different domains. NIRF is the most trustworthy and popular Ranking agency in India.

As mentioned above NIRF ranks a college based on 5 major parameters which carry different weightage to get a ranking. The following chart shows the weightage allocated to different parameters considered by NIRF for the ranking of top colleges in India.

NIRF Ranking Parameters Weightage

The following table shows the ranking of top MBA colleges in Odisha by NIRF ranking. 

  • NIRF ranking has ranked Xavier Institute of Management, Bhubaneswar as the best MBA college in Odisha. It has been ranked 35th among the top 125 management colleges in India.
  • KIIT Bhubaneswar has been ranked 48th among the top management colleges in India.
  • IIM Sambalpur has been ranked 66. They accept GMAT scores and also take international students.
NIRF Ranking 2022 College Name NIRF Score
35 XIM University 54.10
48 Kalinga Institute of Industrial Technology 50.88
66 Indian Institute of Management Sambalpur 47.11
70 International Management Institute, Bhubaneswar 46.41

Top MBA Colleges in Odisha with The Times Ranking

The Times is one of India's most popular, leading, and widespread newspapers/ magazines. The Times also ranks the best Education institutions in India in different domains based on various parameters. The rankings are based on many parameters like placements, and ROI, among others. Tabulated below are the top MBA colleges in Odisha as per The Times Ranking:

The Times 2022 Ranking College Name
70 KIIT School of Management, Kalinga Institute of Industrial Technology 
107 IMIS - Institute of Management & Information Science
115 IMI Bhubaneswar - International Management Institute
131 ASBM University
134 Gandhi Engineering College

Govt MBA Colleges in Odisha

There are around 29 government Management colleges in Odisha offering MBA. IIM Sambalpur, Central University of Orissa, and Berhampur University are the best govt MBA colleges in Odisha. Tabulated below is the list of MBA government colleges in Odisha with the number of MBA seats available:

College Name  MBA seats 
Gangadhar Meher University 60+
SCS Autonomous College 60+
Berhampur University 72+
Indian Institute of Tourism and Travel Management 186+
CUO - Central University of Orissa 30+
Sambalpur University 198+
Institute of Management and Information Technology, Biju Patnaik University of Technology 102+
Dharanidhar Autonomous College 180+
College of IT and Management Education, Biju Patnaik University of Technology 180+
Samanta Chandra Sekhara Autonomous College 16+

Best MBA Colleges in Bhubaneshwar

Bhubaneswar, renowned as "The Temple City of India" is home to some of the top-ranked and most prestigious colleges in India KIIT Bhubaneswar, KSOM Bhubaneswar, and XIM Bhubaneswar is the best MBA colleges in Bhubaneswar. Below is a list of the best MBA colleges in Bhubaneswar with fees.

College Name  Average Fees (INR) 
Xavier Institute of Management, Xavier University Bhubaneswar 20,08,000
KIIT School of Management, Kalinga Institute of Industrial Technology 6,09,000
IMI Bhubaneswar - International Management Institute 12,47,000
Amity Global Business School, Bhubaneswar 5,04,000
SOA - Siksha 'O' Anusandhan University 1,08,000
Xavier School of Human Resource Management, Xavier University Bhubaneswar 20,01,000
KIIT School of Rural Management, Kalinga Institute of Industrial Technology 7,22,000
GITA - Gandhi Institute for Technological Advancement 1,07,000
Biju Patnaik Institute of Information Technology and Management Studies 2,24,000
Birla Global University 7,16,000

Top MBA Colleges in Odisha Cutoff

Tabulated below are the top MBA colleges in Odisha along with their cutoff percentile.

MBA College Cut off percentile
Xavier Institute of Management, Bhubaneswar (XIMB) 90-92
Indian Institute of Management (IIM), Sambalpur 90-91
KIIT School of Management (KSoM), Bhubaneswar 75-80
International Management Institute (IMI) Bhubaneswar 75-80
Asian School of Business Management (ASBM) Bhubaneswar 70-75
School of Management Birla Global University, Bhubaneswar 70-75
Faculty of Management Studies, Sri University, Cuttack 65-70
Institute of Business & Computer Studies – (IBCS) Bhubaneswar 60-65
Institute of Management and Information Science (IMIS), Bhubaneswar 60-65

Top MBA Colleges in Odisha: ROI (Return on Investment)

ROI gives an idea of whether the investment done in MBA studies is worth it or not. The MBA course in top B-schools is quite expensive but the placement package provided by the colleges is also quite impressive. Listed below are some of the top MBA colleges in Odisha with their ROI percentage: 

College Name

Average Annual Fees

Average Salary Package

ROI Rank*

KIIT Bhubaneswar

INR 2,25,000

INR 6,00,000

1

Regional College of Management

INR 1,70,000

INR 3,50,000

2

Institute of Management & Information Science

INR 2,58,000

INR 4,46,000

3

Xavier University Bhubaneswar

INR 8,60,000

INR 14,31,000

4

Xavier Institute of Management, Bhubaneswar

INR 10,80,000

INR 14,31,000

5

IMI Bhubaneswar

INR 6,02,000

INR 6,91,000

6

*ROI Percentage={(Average Placement Package)/(Average Annual Fees)}*100%

Top MBA Colleges in Odisha: Admission Process

Odisha, the first state in India formed on a Linguistic basis, houses more than about 142 MBA colleges out of which 112 are private and 29 are government MBA colleges in Odisha. Most of the top MBA colleges in Odisha are affiliated with BPUT Rourkela & Utkal University and are approved by AICTE.

MBA Admissions colleges in the best MBA colleges in Odisha are done on merit as well as entrance exams such as CAT, MAT, XAT, OJEE, etc. scores, and Personal interviews. There are only a few MBA colleges in Odisha that offer direct admission based on merit basis. Koustuv Business School and Trident Academy of Creative Technology are some top MBA colleges in Odisha offering direct admission without entrance exams.

Check XAT 2023 Important Dates

Indian Institute of Management- IIM Sambalpur

IIM Sambalpur Admission 2023 for MBA is OPEN with the onset of the CAT registration. CAT 2022 Registration began on August 3, 2022, and the last date to register is September 14, 2022. IIM Sambalpur's admission to EMBA (Executive MBA) program usually begins in December. The dates for application for EMBA are not released yet. Interested and eligible students can apply for the CAT exam till September 14, 2022.

Check out IIM Sambalpur Admission 2023 Updates

IIM Sambalpur Placements Reports

The following Infographic represents the Indian Institute of Management - IIM Sambalpur placements report:

IIM Sambalpur Placements 2022

IIM Sambalpur Placements Reports Sector Wise

The following infographic represents the sector-wise placements for the batch 2022 at IIM Sambalpur.

IIM Sambalpur Placements 2022 Sector-wise

Kalinga Institute of Industrial Technology, Bhubaneswar

KIIT Bhubaneswar is one of the top private MBA colleges in India and is also ranked #34 overall by NIRF. KIIT MBA admissions are offered based on the KIITEE exam. KIIT has started the admission process for the academic year 2023. KIITEE 2023 application Process has already begun, the last date for the same is April 5, 2023. KIITEE 2023 Exam will be conducted between April 14, 2023 – April 18, 2023. Interested candidates can fill out the application form Online - Click here before the deadline.

?Check KIIT Bhubaneswar Courses and Fees

KIIT University Placements Report

The following infographic shows the placement data of KIIT.

KIIT Placements 2022

 

Xavier University, Bhubaneswar (XUB)

Xavier University provides education in the field of Management, Commerce, Sustainability, Communications, Economics, Computer Science, Engineering, and Law. They have a total of 33 courses in 9 fields and 9 specializations. The institute is registered with the University Grant Commission (UGC) and accredited by the National Board of Accreditation (NBA).

  • It has been ranked 31st by NIRF among the top management college in India.
  • Admissions are done based on top MBA entrance exams like CAT, NMAT, and XAT.
  • The average salary package is around INR 14.31 LPA. Some of the top recruiters are HCL Technologies, Wipro, IBM, Tata Metaliks, Intellect Design, HSBC Analytics, and HDFC Bank.

The following table shows the salary package data of various MBA courses

Course Name

No. of Students Participating

No. of Companies

Average Salary

Highest Salary

MBA (Business Management)

350

104

INR 14.31 LPA

INR 24.50 LPA

MBA (Human Resource Management)

123

64

INR 12.75 LPA

INR 27.50 LPA

MBA (Rural Management)

111

32

INR 8 LPA

INR 15 LPA

Salary Package of Various MBA Courses

International Management Institute, Bhubaneswar

International Management Institute (IMI) Bhubaneswar is well renowned for its flagship PGDM course. The application process for the PGDM course at IMI Bhubaneswar is now OPEN. Recently, IMI Bhubaneswar announced the MBA shortlist for 2023 Admission. Candidates are selected based on their scores in CAT/ XAT/ CMAT/ GMAT. I

  • CAT 2022 Result is released on the official website- iimcat.ac.in. By entering your user ID and password, Candidates can check their CAT 2022 results. The CAT 2022 result includes the overall score and percentile, as well as the sectional scores and percentiles for VARC, DILR, and Quant. Scorecards for CAT 2022 are available for download until December 31, 2023.

IMI Bhubaneswar Placements Salary Statistics

The below graph represents the salary statistics of IMI Bhubaneswar Placements.

Salary Statistics graph

IMI Bhubaneswar Placements Reports Sector Wise

The infographic below highlights the sector-wise placement report of IMI Bhubaneswar.

IMI Bhubaneswar Placements Sector Wise

Top MBA Colleges in Odisha: Entrance Exam Wise

Most of the MBA colleges in Odisha accept entrance exams such as CAT, MAT, OJEE, XAT, etc. for MBA admissions. CAT is the most common and widely accepted entrance exam in MBA colleges in Odisha. Few colleges conduct their entrance exam like KIITEE, etc. for admission. However, only a few colleges offer direct admission. The following infographic shows the number of MBA colleges accepting different entrance exams.

Top MBA Colleges in Odisha Entrance Exam Wise 

Top MBA Colleges in Odisha under OJEE

Odisha Joint Entrance Examination (OJEE) is a State level Entrance exam conducted twice. The application process for OJEE 2023 will begin in the 2nd week of March 2023 2023 till the 2nd week of May 2023. Admit cards for the exam will be released in the 4th week of June 2023, and the exam is scheduled to be conducted in the 1st week of July 2023. The OJEE 2023 result is expected to be announced in July 2023. Below is the list of top MBA colleges in Odisha under OJEE:

  • GIET University, Gunupur
  • KIIT School of Rural Management, Kalinga Institute of Industrial Technology, Bhubaneswar
  • Ravenshaw University, Cuttack
  • Biju Patnaik Institute of Information Technology and Management Studies, Bhubaneswar
  • TAT - Trident Academy of Technology, Bhubaneswar
  • C. V. Raman Global University Bhubaneswar

Check out the Top MBA Colleges in India without entrance

Top MBA Colleges in Odisha Through CAT

Common Admission Test (CAT) is one of the most popular National level MBA entrance tests and is conducted every year by top IIMs. CAT 2023 registration will begin in the first week of August 2023. Candidates with a bachelor’s degree in any discipline from a recognized university will be able to apply for CAT 2023 till the third week of September 2023. CAT 2023 exam will be conducted in 3 slots on November 26, 2023, likely by either IIM Lucknow or IIM Calcutta.

Check CAT Latest Syllabus Updates

Tabulated below are some of the Top MBA colleges in Odisha through CAT:

College Name  Cutoff Details 
KIIT School of Management (KSOM), Bhubaneshwar Check Cutoff 
XIM University Check Cutoff 
Birla Global University (BGU), Bhubaneswar Check Cutoff 
IMI Bhubaneswar Check Cutoff 
ASBM University, Bhubaneswar Check Cutoff 
Institute Of Management And Information Science - [IMIS], Bhubaneswar Check Cutoff 
National Institute of Science & Technology (NIST), Berhampur Check Cutoff 
Gandhi Institute Of Management Studies - [GIMS], Rayagada Check Cutoff 
GITA Autonomous College - [GITA College], Bhubaneswar Check Cutoff 
Xavier Institute of Management - XIMB Bhubaneshwar Check Cutoff 

Top MBA Colleges in Odisha Through XAT

Xavier Aptitude Test (XAT) is an online test conducted for admission of students into MBA courses at Xavier’s Management Institutes and other B-schools. XAT is conducted every year in January by XLRI Jamshedpur on behalf of XAMI. More than 150 institutes consider XAT scores for admission to MBA and PGDM courses.

  • It is conducted at various examination centers in 46 cities across India.
  • Around 75,000 candidates appeared for XAT 2022.
  • The exam consists of 4 sections: Decision Making, Verbal & Logical Ability, General Knowledge, Quantitative Ability & Data Interpretation.

Some of the top MBA colleges in Odisha that accept XAT scores are mentioned below:

  • Kalinga Institute of Industrial Technology Bhubaneswar
  • Xavier Institute of Management, Bhubaneswar (XIMB)
  • Xavier University Bhubaneswar (XUB)
  • KIIT School of Management 
  • Regional College of Management

Top MBA Colleges in Odisha Through CMAT

Common Management Admission Test (CMAT) is a management entrance test for admission into MBA and PGDM courses. CMAT is conducted every year in January by the National Testing Agency (NTA). It is an online test conducted at various exam centers in 75 cities across India. Around 1000 B-schools consider the scores of CMAT for admission.

  • Around 70,000 students appeared for CMAT 2022.
  • The exam consists of 3 sections: Quantitative Techniques & Data Interpretation, Logical Reasoning, Language Comprehension, and General Awareness.

Listed below are the colleges that accept CMAT scores for admission to an MBA:

  • Xavier Institute of Management, Bhubaneswar (XIMB)
  • Xavier University Bhubaneswar (XUB)
  • KIIT School of Management 
  • Kalinga Institute of Industrial Technology Bhubaneswar
  • Institute of Management and Information Science

Top MBA Colleges in Odisha Through MAT

Management Aptitude Test (MAT) is an entrance exam conducted for admission into MBA and PGDM courses at B-schools. The exam is conducted by the All India Management Association (AIMA). More than 1000 B-schools accept the score of MAT.

  • MAT is conducted online as well as offline.
  • The exam is conducted 4 times a year: February, May, September, and December.
  • Around 18,000 students appeared for the December 2022 MAT exam.
  • The exam consists of 5 sections: Language Comprehension, Data Analysis & Sufficiency and Mathematics, Intelligence and Critical Reasoning, and the Indian & Global Environment Section.     

Listed below are some of the top MBA colleges in Odisha accepting MAT

  • KIIT School of Management
  • Regional College of Management
  • Institute Of Management & Information Science

Top MBA Colleges in Odisha: Placement Wise

The top MBA colleges in Odisha offer lucrative placement packages and good job opportunities. With the presence of top colleges like IMI Bhubaneswar, IITTM Bhubaneswar, XIM Bhubaneswar, etc. a lot of companies visit Odisha to participate in the placement drive. KSOM Bhubaneswar and IMI Bhubaneswar are some of the best placement MBA colleges in Odisha.

MBA colleges in Odisha Placement-wise

Also, Check:

Top MBA Colleges in Odisha: FAQs

Ques. Which institute has been ranked as the best MBA college in Odisha?

Ans. Xavier Institute of Management Bhubaneswar has been ranked as the best MBA college in Odisha.

Ques. Which is the least expensive management institute among the top MBA colleges in Odisha?

Ans. Regional College of Management is the least expensive college among the top MBA colleges in Odisha but the average salary package is also the least of the others.

Ques. Which college is less expensive but also has good placements?

Ans. Kalinga Institute of Industrial Technology is the best college in this category.

Ques. How to take admitted to these top MBA colleges?

Ans. Admission into all the MBA colleges in Odisha is done through the management entrance examinations like CAT, XAT, CMAT, NMAT, MAT, etc.

Ques. How to choose which entrance exam would be best?

Ans. There is nothing to choose from the exams. The syllabus and pattern of all these exams are almost similar, so the candidates can sit for all of them. CAT is an important exam that candidates should not miss. Students can just apply for the exams whose scores are considered by their priority institutes.

Ques. What is the range of the average salary for the various MBA courses at Xavier University Bhubaneswar?

Ans. The average salary of BM (Business Management) is around INR 14.31 LPA, INR 12.75 LPA for HRM (Human Resource Management), and INR 8 LPA for Rural Management.

Ques. Which colleges have the highest average salary placement? 

Ans. The Xavier Institute of Management Bhubaneswar (XIMB) and Xavier University Bhubaneswar (XUB) has the highest average salary package of INR 14.31 LPA.

Type Of College
Avg Fee Per Year
Course Type
Approval
College Category
Gender Accepted
Found 158 colleges
Sort By
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba2

KIIT School of Management - [KSOM], Bhubaneswar

Bhubaneswar, Odisha 
6,95,000MBA/PGDM- 1st Year Fees--
8.5 / 10
Based on 3 User
Reviews
#52th/292 in India 2020

XIM University, Bhubaneswar

Bhubaneswar, Odisha 
14,60,000MBA/PGDM- total fees--
8.2 / 10
Based on 8 User
Reviews
#20th/284 in India 2019
Ba1
13,20,000MBA/PGDM- total fees----#59th/272 in India 2023
Ba4
4,99,000MBA/PGDM- total fees----#187th/281 in India 2022
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
7,59,000MBA/PGDM- total fees------
Ba6

Sri Sri University - [SSU], Cuttack

Cuttack, Odisha 
3,30,000MBA/PGDM- 1st Year Fees₹ 4,50,000Average Package₹ 13,58,000Highest Package
6.5 / 10
Based on 3 User
Reviews
Best in Social Life
#114th/200 in India 2024
24,700MBA/PGDM- 1st Year Fees------
Aa4

IIM Sambalpur, Sambalpur

Sambalpur, Odisha 
13,03,000MBA/PGDM- total fees--
7.8 / 10
Based on 1 User
Reviews
#43th/272 in India 2023
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
7,50,000MBA/PGDM- total fees--
9 / 10
Based on 2 User
Reviews
--

Siksha 'O' Anusandhan University - [SOA], Bhubaneswar

Bhubaneswar, Odisha 
3,50,000MBA/PGDM- 1st Year Fees--
8.2 / 10
Based on 17 User
Reviews
#57th/125 in India 2023
Ba4
1,45,270MBA/PGDM- 1st Year Fees----#159th/214 in India 2023
1,41,000MBA/PGDM- 1st Year Fees₹ 5,50,000Highest Package
8.3 / 10
Based on 2 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
3,39,850MBA/PGDM- total fees----
1,15,000MBA/PGDM- total fees----
2,56,000MBA/PGDM- 1st Year Fees₹ 6,32,000Average Package₹ 23,00,000Highest Package--
1,10,000MBA/PGDM- 1st Year Fees--
4.3 / 10
Based on 1 User
Reviews
Best in Placements
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
1,40,000MBA/PGDM- 1st Year Fees----
1,00,000MBA/PGDM- total fees₹ 1,10,000Average Package--
--MBA/PGDM--
7.5 / 10
Based on 1 User
Reviews
--
3,00,000MBA/PGDM- total fees------
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
1,02,000MBA/PGDM- 1st Year Fees----
95,000MBA/PGDM- 1st Year Fees------