List of Top MBA colleges in Bhopal Based on 2024 Ranking

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Sushil Pandey

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Top MBA colleges in Bhopal include IIFM Bhopal, PIMR IES University Bhopal, Maharishi Institute of Management, etc. Bhopal hosts more than around 89 MBA colleges which include 76 private and 9 public colleges. Most of the MBA colleges in Bhopal are approved by AICTE. More than 30 MBA colleges are affiliated with RGPV Bhopal and 19 with Barkatullah University. The best MBA colleges in Bhopal offer both Distance MBA and Regular MBA.

  • IIFM Bhopal, LNCT University, IPER Bhopal, and SAGE University are some of the top 10 MBA colleges in Bhopal.
  • MBA Admission 2023 into the best MBA colleges in Bhopal is based on CMAT, CAT, and MAT scores, and Personal Interviews. Check the CAT 2023 Dates
  • The best MBA government colleges in Bhopal include MANIT Bhopal, IIFM Bhopal, and Barkatullah University. Check Top Government MBA Colleges in India
  • The average fees for MBA courses range between INR 30,000 to INR 5.24 Lakhs. The top MBA colleges in Bhopal with fees of less than INR 50,000 are VIM Bhopal and SAM Global University. Check out the Top MBA Colleges in India with Low fees
  • VIM Bhopal, PIMR Bhopal, and Jagran Lakecity Business School are the best MBA HR colleges in Bhopal.
  • The best MBA colleges in Bhopal offer high ROI and lucrative placement opportunities with an average CTC of INR 3.5 - 10 LPA.

Top 10 MBA Colleges in Bhopal

Bhopal, the city Capital City of Madhya Pradesh is home to some of the top MBA colleges in India. There are a total of 106 Management colleges in Bhopal. Amongst them, around 89 colleges offer MBA courses. Indian Institute of Forest Management - IIFM Bhopal is the best MBA college in Bhopal. It has a seat intake of 225+ for MBA/ PGDM courses. Check the list of top 10 MBA Colleges in India

Tabulated below is the list of top MBA colleges in Bhopal with the number of seat intake for MBA/ PGDM courses.

College/ University Name Seats Intake
Indian Institute of Forest Management - [IIFM], Bhopal 225+
Jagran Lakecity University, Bhopal -
People's Institute of Management and Research, Bhopal 150+
Sagar Institute of Research and Technology, Bhopal 180+
IES College of Technology, Bhopal 180+
Sagar Institute of Research and Technology- Excellence, Bhopal 180+
Vaishnavi Institute of Management, Bhopal 60+
IPER - Institute of Professional Education and Research, Bhopal 300+
Bansal Institute of Science and Technology, Bhopal 60+
Lakshmi Narain College of Technology, Bhopal 300+

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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. Check Top Government MBA Colleges in India

College/ University Name Seats Intake
Indian Institute of Forest Management - [IIFM], Bhopal 225+
Maulana Azad National Institute of Technology - [MANIT], Bhopal -
Barkatullah University (BU), Bhopal 60+
Sant Hirdaram Institute of Management, Bhopal 180+
Makhanlal Chaturvedi National University of Journalism and Communication, Bhopal 120+
Vaishnavi Institute of Management, Bhopal 300+
RGPV - Rajiv Gandhi Proudyogiki Vishwavidyalaya, Bhopal -
Vidhya Sagar Institute of Management, Bhopal 60+
The Bhopal School of Social Sciences, Bhopal -

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MBA colleges in Bhopal with Fees

The best MBA colleges in Bhopal offer MBA/ PGDM courses at comparatively low fees ranging between INR 30,000 to INR 1.7 lakhs per year. Vidyasagar Institute of Management is the top MBA college in Bhopal with fees of less than INR 47,000 lakhs per year. Below is the list of top MBA colleges in Bhopal with fee structure. Check out the Top MBA College in India with Fees

College/ University Name Average Annual Fees
Indian Institute of Forest Management - [IIFM], Bhopal INR 7,36,000
People's University, Bhopal INR 70,000
Oriental College of Management (MBA)- [OCM], Bhopal INR 87,600
Sagar Institute Of Research And Technology - [SIRT], Bhopal INR 32,500
Jagran LakeCity Business School, Bhopal INR 50,000
Maulana Azad National Institute of Technology - [MANIT], Bhopal INR 1,00,000
Trinity Institute of Technology and Research, Bhopal INR 46,000
Institute of Professional Education and Research - [IPER], Bhopal INR 1,03,000
LNCT University - [LNCTU], Bhopal INR 80,000
SAM Global University, Bhopal INR 30,000

Top MBA Colleges in Bhopal Rank wise

There are many ranking agencies in India that conduct ranking surveys and release a list of top educational institutions in India. These ranking agencies release the list of top colleges in India for different domains. These ranking agencies rank a college/ University based on several parameters which include Education Quality, Perception of the University, Placements, etc.

Ranking a college helps students to choose the right colleges for them. Unfortunately, none of the top-ranking agencies like NIRF, India Today, or Outlook has ranked any MBA college from Bhopal this year.

Check out the Ranking of top MBA colleges in India

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

Return on Investment (ROI) is one of the most critical factors for selecting a good college, especially in the case of management courses. With the help of ROI, students can calculate how profitable a college can be for pursuing a specific course. One can also estimate how long it takes to recover invested money in terms of fees. As the fees in top MBA colleges are quite high it directly affects the ROI of the college.

ROI can be calculated by taking the ratio between the average placement package to the average annual fees of the Institute. The top MBA colleges in Bhopal offer good placement packages at low course fees which result in high ROI. Below we have calculated the ROI of some of the top MBA colleges in Bhopal.

College Name Average Annual Fees Annual Placement Package ROI* Rank
SAM Global University, Bhopal INR 30,000 INR 6.0 LPA 1
Sagar Institute Of Research And Technology - [SIRT], Bhopal INR 32,500 INR 4.50 LPA 2
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
IES University, Bhopal INR 2,62,000 INR 4.50 LPA 5

*ROI= (Average Annual Package/ Average Annual Fee)* 100%

  • SAM Global University Bhopal is offering the highest ROI with an average CTC of INR 6.0 LPA.
  • Sagar Institute Of Research & Technology - [SIRT], Bhopal ranks at 2nd place in terms of ROI followed by Oriental College Of Management at 3rd place.
  • RKDF University Bhopal is offering a quite good placement package at low course fees and is placed in 4th place for high ROI.
  • IES University Bhopal is one of the best MBA colleges in Bhopal. It offers an average placement package of INR 4.5 LPA.

Best Private MBA colleges in Bhopal 

Bhopal is home to around 76 Private MBA colleges in India. People's Institute of Management and Research popularly known as PIMR Bhopal is the best Private MBA college in Bhopal. PIMR Bhopal has a seat intake of 150+ for MBA/ PGDM courses. 

Check out the list of best Private MBA colleges in Bhopal with the number of seats available.

College/ University Name Average Annual Fees
People's Institute of Management and Research - PIMR Bhopal INR 70,000
Sagar Institute Of Research And Technology - [SIRT], Bhopal INR 32,500
Vidyasagar Institute of Management - [VIM], Bhopal INR 1,75,000
Jagran LakeCity Business School, Bhopal INR 50,000
RKDF University, Bhopal INR 95,000
Trinity Institute of Technology and Research, Bhopal INR 46,000
Rabindranath Tagore University - [RNTU], Bhopal INR 60,000
Institute of Professional Education and Research - [IPER], Bhopal INR 1,03,000
LNCT University - [LNCTU], Bhopal INR 80,000
SAM Global University, Bhopal INR 30,000

Top MBA Colleges in Bhopal: Admission Process

Bhopal also known as the "The city of Lakes" hosts more than around 85 MBA colleges. The best MBA colleges in Bhopal include 76 private and 9 public colleges. The best MBA colleges in Bhopal offer MBA courses with various specializations like marketing, finance, HRM, Retail Management, etc.

The infographic below represents the ratio of private and MBA government colleges in Bhopal.

Top MBA Colleges in Bhopal: Admission Process

MBA colleges in Bhopal are based on merit as well as entrance exams. Almost all the best MBA colleges in Bhopal admit students through CAT, XAT, and MAT scores. After qualifying for the entrance exam, one needs to participate in the counseling Process at the National/ University level. Shortlisted candidates may also be called for the GD/ PI round. There are some private colleges that offer direct admission based on merit basis.

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Indian Institute of Forest Management - [IIFM], Bhopal 

IIFM Bhopal is one of the best MBA colleges in India. IIFM Bhopal offers admission in a two-year full-time residential flagship PGDFM and PGDSM program. It also offers other courses like FPM and M.Phil. Admission to different courses is offered through CAT/ XAT/ etc. The application process for CAT 2023 has already ended, the last date for the same was 21st September 2022. Admit cards for the exam are not released yet. The CAT 2023 exam is scheduled to be held on 27th November 2022.

Check out the IIFM Bhopal Placements

People's Institute Of Management & Research - [PIMR], Bhopal

People's Institute Of Management & Research popularly known as PIMR Bhopal is one of the best private MBA colleges in India. PIMR Bhopal offers several Management courses like BBA, MBA, MCom, Joint BBA+MBA, etc. Admissions to these courses are offered based on merit basis or through CAT scores. The application procedure for admission generally starts in the month of March. Students seeking admission first need to qualify for the entrance exam.

Check PIMR Bopal Admission 2023

Top MBA Colleges in Bhopal: Entrance Exam Wise

Common Admission Test(CMAT) is the most popular MBA entrance exam in Bhopal. More than 15 top MBA colleges in Bhopal accept CMAT scores. Apart from CMAT, the top MBA colleges in Bhopal admit students through CAT, MAT, XAT, etc. The shortlisted candidates are called for group discussions or personal interviews for final selection.

Check the top MBA Colleges in India with CAT

The following infographic highlights the number of colleges accepting different entrance exams.

Top MBA Colleges in Bhopal: Entrance Exam Wise

Best MBA colleges in Bhopal accepting CMAT

MBA Admissions in the best MBA colleges in Bhopal are granted through CAT/ CMAT scores followed by GD/PI. The application process for CMAT 2023 will commence in the 3rd week of February 2023 and till the 3rd week of March 2023. The CMAT 2023 exam is scheduled to be held in the 2nd week of April 2023.

See More: CMAT 2023 Latest Updates

Tabulated below are the best MBA colleges in Bhopal accepting CMAT scores for admission.

College/ University Name Cutoff Details
IPER - Institute of Professional Education and Research, Bhopal Check Here
Technocrats Institute Of Technology - [TIT] (Excellence), Bhopal Check Here
IES College of Technology, Bhopal Check Here
Sagar Institute Of Research And Technology - [SIRT], Bhopal Check Here
Oriental College Of Management (MBA)- [OCM], Bhopal Check Here
Radharaman Engineering College, Bhopal Check Here
Trinity Institute Of Technology And Research, Bhopal Check Here
Sant Hirdaram Institute of Management, Bhopal Check Here
Surabhi College Of Engineering And Technology - [SCET], Bhopal Check Here
BSSS Institute Of Advanced Studies, Bhopal Check Here

MBA HR colleges in Bhopal 

The best MBA colleges in Bhopal offer MBA courses in various specializations such as Finance, Marketing, HRM, IT, etc. MBA in HR is one of the most popular and sought-after MBA specializations. There are more than 42 MBA colleges in Bhopal that offer MBA in Human Resource Management. 

Tabulated below are some of the best MBA in HR Colleges in Bhopal with the number of seat availability.

College/ University Name Seats Intake
People's Institute of Management and Research - PIMR Bhopal 60+
IES College of Technology, Bhopal 180+
Vidyasagar Institute of Management, Bhopal 160+
IPER - Institute of Professional Education and Research, Bhopal 300+
Rabindranath Tagore University, Bhopal 170+
SAGE University, Bhopal 60+
VNS Group of Institutions, Bhopal 240+
SAM Global University, Bhopal 360+
Radharaman Engineering College, Bhopal 180+
Sant Hirdaram Institute of Management, Bhopal 180+

Best Placement MBA colleges in Bhopal 

Bhopal is a major city in Central India, also the Capital city of Madhya Pradesh. The city is home to some of the well-renowned MNCs. Every year, these companies participate in the placement drive of the best MBA colleges in Bhopal. The top MBA colleges in Bhopal offer lucrative job opportunities with high ROI. The best MBA colleges in Bhopal offer an average CTC package ranging between INR 3.5 LPA to INR 7 LPA. 

Best Placement MBA colleges in Bhopal

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Top MBA Colleges in Bhopal: FAQs

Ques. Which MBA college has the best placement in Bhopal?

Ans. IES University is the top MBA college and has the best placement in Bhopal. The University recorded INR 21 LPA as the highest CTC in 2022.

Ques. Is LNCT Bhopal good for MBA?

Ans. LNCT is one of the top private MBA colleges in Madhya Pradesh. It is also ranked #251 for B.Tech by NIRF Ranking 2022.

Ques. Which are the top MBA colleges in Bhopal with low fees?

Ans. Barkatullah University, Madhya Pradesh Bhoj University, and SAM Global University are the top MBA colleges in Bhopal with low fees.

Ques. What are the fees for MBA in Bhopal?

Ans. MBA fees in Bhopal vary with colleges. However, the total fees for MBA courses range between INR 30,000 to INR 5.24 Lakhs.

Ques. Which are the top 5 MBA colleges in Bhopal?

Ans. The top 5 MBA colleges in Bhopal are the Indian Institute of Forest Management - [IIFM] Bhopal, Jagran Lakecity University, PIMR Bhopal, SISTech Bhopal, and IES College of Technology Bhopal.

Ques. Can I get admission into MBA colleges in Bhopal without an entrance exam?

Ans. Yes, there are a few government MBA colleges in Bhopal that offer admission without entrance exams. People's University and OCT Bhopal are some MBA colleges without entrance exams. 

Ques. Which are the best MBA HR colleges in Bhopal?

Ans. IES College of Technology, SAGE University, and SAM Global University are the best MBA HR colleges in Bhopal.

Ques. Which is the best private MBA college in Bhopal?

Ans. People's Institute of Management and Research - PIMR Bhopal and Sagar Institute Of Research And Technology are the best private MBA colleges in Bhopal.

Ques. How many MBA colleges are there in Bhopal?

Ans. There are 90 MBA colleges in Bhopal. Amongst them 77 are private and 9 are government MBA colleges in Bhopal.

Ques. What is the fee of Jagran Lake City Business School, Bhopal?

Ans. The fee for MBA courses at Jagran Lake City Business School Bhopal is INR 1,75,000 for the 1st year.

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Found 107 colleges

Sort By
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa5

Indian Institute of Forest Management - [IIFM], Bhopal

Bhopal, Madhya Pradesh |AICTE, AACSB Approved
7,38,000MBA/PGDM- 1st Year Fees₹ 18,50,000Highest Package 4.4 / 5 Based on 15 User
Reviews
Best in Accomodation
#43th/46 in India 2024
agency logoagency logoagency logo+ 3 More
Ba4

IES College of Technology - [ICOT], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
55,000MBA/PGDM- 1st Year Fees₹ 12,00,000Highest Package 4 / 5 Based on 106 User
Reviews
Best in Infrastructure
#83th/200 in India 2025
agency logoagency logoagency logo+ 3 More
Ba5

Jagran Lake City Business School, Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, UGC Approved
2,20,000MBA/PGDM- 1st Year Fees-- 4.1 / 5 Based on 15 User
Reviews
Best in Accomodation
#219th/275 in India 2024
agency logoagency logoagency logoMore
Ba5

People's Institute of Management & Research - [PIMR], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
70,000MBA/PGDM- 1st Year Fees----#488th/608 in India 2023
agency logoagency logoMore
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba5

Vidyasagar Institute of Management - [VIM], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
50,000MBA/PGDM- 1st Year Fees----#502th/608 in India 2023
agency logoagency logoMore
Ba5

Sagar Institute of Research and Technology - [SIRT], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
60,000MBA/PGDM- 1st Year Fees₹ 5,00,000Average Package₹ 30,00,000Highest Package 4.2 / 5 Based on 239 User
Reviews
Best in Infrastructure
#503th/608 in India 2023
agency logoagency logoagency logo+ 2 More

Maulana Azad National Institute of Technology - [MANIT], Bhopal

Bhopal, Madhya Pradesh |AICTE, NBA Approved
1,01,400MBA/PGDM- 1st Year FeesCompare Fees₹ 15,60,000Average Package₹ 82,00,000Highest PackageCompare Placement 4 / 5 Based on 660 User
Reviews
Best in Social Life
--

Rabindranath Tagore University - [RNTU], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, INC, BCI, UGC Approved
60,000MBA/PGDM- 1st Year FeesCompare Fees-- 4 / 5 Based on 49 User
Reviews
Best in Infrastructure
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Rajeev Gandhi College, Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, CCIM, BCI Approved
--MBA/PGDM-- 3.4 / 5 Based on 18 User
Reviews
Best in Faculty
--

Jagran Lakecity University - [JLU], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, BCI, UGC, AIU Approved
2,20,000MBA/PGDM- 1st Year FeesCompare Fees₹ 4,50,000Average Package₹ 24,00,000Highest PackageCompare Placement 4 / 5 Based on 72 User
Reviews
Best in Infrastructure
#115th/200 in India 2025
agency logoagency logoagency logo+ 2 More

Barkatullah University - [BU], Bhopal

Bhopal, Madhya Pradesh |UGC Approved
40,450MBA/PGDM- 1st Year Fees-- 3.7 / 5 Based on 839 User
Reviews
Best in Academics
--
--MBA/PGDM-- 3.8 / 5 Based on 19 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Madhya Pradesh Bhoj (Open) University - [MPBOU], Bhopal

Bhopal, Madhya Pradesh |NCTE, UGC Approved
16,860MBA/PGDM- 1st Year Fees-- 3.8 / 5 Based on 24 User
Reviews
Best in Faculty
--

Bonnie foi College - [BFC], Bhopal

Bhopal, Madhya Pradesh |UGC Approved
--MBA/PGDM------

VIT Bhopal University, Bhopal

Bhopal, Madhya Pradesh |AICTE, UGC, MHRD Approved
3,51,500MBA/PGDM- 1st Year FeesCompare Fees₹ 59,00,000Highest PackageCompare Placement 3.9 / 5 Based on 430 User
Reviews
Best in Faculty
--

RKDF University, Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, UGC Approved
50,000MBA/PGDM- 1st Year Fees₹ 3,40,000Average Package₹ 10,00,000Highest Package 3.8 / 5 Based on 35 User
Reviews
Best in Social Life
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

SAGE University, Bhopal

Bhopal, Madhya Pradesh 
60,000MBA/PGDM- 1st Year Fees-- 4.1 / 5 Based on 71 User
Reviews
Best in Infrastructure
--

LNCT University - [LNCTU], Bhopal

Bhopal, Madhya Pradesh |INC, MCI, BCI, ICAR, UGC Approved
85,000MBA/PGDM- 1st Year Fees₹ 9,60,000Average Package₹ 1,12,00,000Highest Package 4 / 5 Based on 130 User
Reviews
Best in Faculty
--
55,000MBA/PGDM- 1st Year Fees₹ 85,00,000Highest Package 3.7 / 5 Based on 93 User
Reviews
Best in Infrastructure
--
1,20,000MBA/PGDM- total fees₹ 4,53,000Average Package₹ 16,75,000Highest Package 4.2 / 5 Based on 136 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Prestige Institute of Management & Research - [PIMR], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE Approved
70,000MBA/PGDM- 1st Year Fees₹ 4,00,000Average Package₹ 11,00,000Highest Package 3.7 / 5 Based on 25 User
Reviews
Best in Infrastructure
#252th/275 in India 2024

Bhabha University - [BU], Bhopal

Bhopal, Madhya Pradesh |NCTE, DCI, AICTE, PCI, INC Approved
40,000MBA/PGDM- 1st Year Fees-- 4.4 / 5 Based on 17 User
Reviews
Best in Faculty
--

Sam College of Engineering and Technology - [SAMCET], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
50,500MBA/PGDM- 1st Year Fees-- 3.4 / 5 Based on 15 User
Reviews
Best in Faculty
--

People's University, Bhopal

Bhopal, Madhya Pradesh |DCI, AICTE, PCI, INC, UGC Approved
70,000MBA/PGDM- 1st Year Fees-- 3.3 / 5 Based on 59 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Patel College of Science and Technology - [PCST], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
52,000MBA/PGDM- 1st Year Fees-- 3.7 / 5 Based on 42 User
Reviews
Best in Faculty
--

Sarvepalli Radhakrishnan University - [SRK], Bhopal

Bhopal, Madhya Pradesh |AICTE, MCI, UGC Approved
50,000MBA/PGDM- 1st Year Fees-- 3.5 / 5 Based on 33 User
Reviews
Best in Academics
--

Technocrats Institute of Technology - MBA - [TIT], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
60,000MBA/PGDM- 1st Year Fees-- 3.8 / 5 Based on 6 User
Reviews
Best in Placements
--

Madhyanchal Professional University - [MPU], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, PCI, INC, UGC Approved
40,000MBA/PGDM- 1st Year Fees₹ 24,00,000Highest Package 3.3 / 5 Based on 15 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

IES University, Bhopal

Bhopal, Madhya Pradesh |AICTE, PCI, UGC, AIU Approved
65,000MBA/PGDM- 1st Year Fees₹ 21,00,000Highest Package 3.7 / 5 Based on 23 User
Reviews
Best in Social Life
--

Maharana Pratap Group of Institutes, Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
51,600MBA/PGDM- 1st Year Fees₹ 49,00,000Highest Package----