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IIM vs MKBU

Fees, placements, ranking and admissions for Indian Institute of Management Sambalpur and MAHARAJA KRISHNAKUMARSINHJI BHAVNAGAR UNIVERSITY GUJARAT, side by side.

Data last updated 11 Oct 2026

Side by side.

 IIMMKBU
Location
Sambalpur, Orissa
Bhavnagar, Gujarat
Type
Private
Public
Established
2015
1978
Approvals
AICTE
NAAC
NIRF ranking
IIM Sambalpur is among the new IIMs established in 2015, by the Government of India. IIM S
—
MBA total fee
₹16.75 L - 18.5 L
2 year
₹1.2 L
2 Years
Better here
Highest package
₹48.60 LPA
Better here
₹5.01 LPA
Average package
₹15.65 LPA
—
Median salary (NIRF)
₹15.02 LPA
—
Entrance exams
CAT, CMAT, GMAT, GATE
CAT, CMAT
Courses offered
2
3
Facilities
Cafeteria, Hospital & Medical Facilities, Hostel, Labs, Sports, Library
Cafeteria, Hospital & Medical Facilities, Hostel, Labs, Transport Facility, Sports

“Better here” marks only lower fees and higher reported packages. Packages are as reported by each college or NIRF and vary by year and specialisation.

In short…
  • MKBU is cheaper for MBA, by about ₹16 L in total fees compared with IIM.
  • IIM reports the higher highest package (₹48.60 LPA).
  • Both accept CAT, CMAT, so one exam score can get you into either.

Numbers alone don't decide it. Talk to someone who studied there before you choose.

About the two colleges.

Indian Institute of Management Sambalpur

A public B-school located in Odisha, Indian Institute of Management (IIM) Sambalpur is one among the newly established IIMs in India. Founded in 2015, IIM Sambalpur offers PG, doctoral and MDP programmes to the students in the field of Management such as MBA, PhD, E-PhD and MDP. Also, as per the official website, it is launching E-MBA soon. The institute is currently mentored by IIM Indore and was registered as a soc…

Fees, cutoffs and reviews of IIM

MAHARAJA KRISHNAKUMARSINHJI BHAVNAGAR UNIVERSITY GUJARAT

Established in 1978, Maharaja Krishnakumarsinhji Bhavnagar University is a state university located in Bhavnagar, Gujarat. The university has accreditation from the UGC and the Association of Indian Universities, and it is NAAC-accredited, holding a Grade 'C'. It also has a campus area of 269 acres, thus providing a decent learning environment for studies, research, and overall development. MKBU offers a vari…

Fees, cutoffs and reviews of MKBU

Quick answers.

What is the MBA fee at IIM and MKBU?

IIM: ₹16.75 L - 18.5 L total. MKBU: ₹1.2 L total. Fees are the total course fee from each college's latest data on MyCampusReview.

Which has better placements, IIM or MKBU?

IIM reports a highest package of ₹48.60 LPA and an average of ₹15.65 LPA. MKBU reports ₹5.01 LPA. Packages vary by year and specialisation, so ask alumni about recent placements.

Which exams are accepted by both IIM and MKBU?

CAT, CMAT.

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