Best MBA Colleges in Bhopal: List of Top Colleges, Best Ranking, Fees
When students from Bhopal decide to pursue an MBA, it's natural to feel a bit overwhelmed. Bhopal boasts over 120 MBA colleges, including 110 private institutions, 8 government colleges, and more than 5 public-private entities. Compounding this, segregating these MBA colleges by reputation, ranking, fees, and placement makes selecting the best one even more difficult. If you find yourself in this situation, we are here to assist you with our well-structured list of the best MBA colleges in Bhopal, the capital of Madhya Pradesh. Keep reading to find the MBA colleges that best suit your expectations and career goals.
The difference between an ordinary and a top MBA college in Bhopal doesn't just rely on the quality of education. Factors like accreditation, NIRF ranking, fee structure, admission criteria, and placement records are equally important. For that reason, finding one of the top MBA colleges in Bhopal isn't easy, and becoming one also requires effort. As the largest education platform for consultation and admission, we know which MBA colleges in Bhopal city provide the best quality education in business management.
Read Also: Best MBA colleges in Delhi
Top 10 Best MBA Colleges in Bhopal - Certified and Accredited Colleges
A top MBA college possesses a combination of qualities such as strong ranking, impressive placement records, affordable fees, wide industrial connections, and a robust alumni network. Above all, it must possess all the necessary certifications and accreditations from the concerned authorities. The following list of top 10 MBA colleges in Bhopal, based on their reputation, recognition, and accreditation, will significantly help you narrow down the list of the best colleges.
|
|
College Name
|
Recognition & Accreditation |
Affiliated University |
Highlights |
|
|
1 |
Institute of Professional Education & Research (IPER) |
AICTE, NBA, Barkatullah University (BU) Bhopal |
Barkatullah University (BU) Bhopal |
General Management |
|
|
2 |
Sagar Institute of Science & Technology (SISTec) |
AICTE, NAAC, NBA |
Barkatullah University (BU) Bhopal |
General Management |
|
|
3 |
People’s Institute of Management & Research (PIMR) |
AICTE, UGC, NAAC 'A' |
Barkatullah University (BU) Bhopal |
General Management |
|
|
4 |
Jagran Lakecity University (JLU) |
UGC, AICTE, BCI, NCTE, AIU |
Private University |
|
|
|
5 |
Rabindranath Tagore University (RNTU) |
UGC, AICTE, NCTE, BCI, INC, AIU |
Private University |
General Management |
|
|
6 |
SAGE University |
AICTE, UGC |
Private University |
General Management |
|
|
7 |
LNCT University |
UGC, AICTE |
Private University |
General Management |
|
|
8 |
Technocrats Institute of Technology (TIT) |
AICTE |
Private College |
General Management |
|
|
9 |
Bhabha University |
AICTE, UGC |
Private University |
General Management |
|
|
10 |
Madhyanchal Professional University (MPU) |
AICTE, UGC |
Private University |
General Management |
Read Also: Best MBA colleges in Noida
MBA Colleges in Bhopal with Their Latest NIRF Ranking
It's fairly safe to say that NIRF ranking is the most important criterion when searching for the best MBA college in Bhopal. When you choose an MBA college that has recently ranked on NIRF, you can be sure of its high academic standards, faculty quality, industry exposure, and placement opportunities. However, other colleges that didn't rank on the NIRF list can also be excellent choices; it might simply be a matter of time before they achieve a ranking. Currently, these colleges, without being featured in NIRF ranking list, reflect their commitment to well-rounded academic excellence and their ability to provide a competitive educational environment comparable to international standards.
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|
College Name |
|
|
|
1 |
Indian Institute of Forest Management (IIFM) |
Not Ranked (Applied in past) |
|
|
2 |
Institute of Professional Education & Research (IPER) |
Not Ranked |
|
|
3 |
Sagar Institute of Science & Technology (SISTec) |
Not Ranked |
|
|
4 |
People’s Institute of Management & Research (PIMR) |
Not Ranked |
|
|
5 |
Jagran Lakecity University (JLU) |
Not Ranked |
|
|
6 |
Technocrats Institute of Technology (TIT) |
Not Ranked |
Read Also: Best MBA colleges in Mumbai
Best MBA Colleges in Bhopal with Fee Structure (Tuition fee)
Let's not forget the importance of the cost of education. Remember that pursuing an MBA often means relocating to another city near the college or residing in the campus hostel, incurring costs for living, transportation, meals, and many other daily small expenses. For many students, the overall cost of pursuing an MBA can sometimes exceed their budget. Therefore, it makes sense to choose with a focus on the tuition fees of the MBA program offered by a college. Choosing an MBA college with an affordable and convenient fee structure can bring significant relief, allowing you to stay focused on your studies. We have compiled a list of the best MBA colleges in Bhopal with their affordable fee structures.
|
|
College Name |
Flagship MBA Specialization |
Total Fees (INR) |
|
1 |
Jagran Lakecity University (JLU) |
Finance, Marketing, HR, Business Analytics |
₹3,20,000 |
|
2 |
SAGE University |
General Management
|
₹60,000 – ₹3,50,000 |
|
3 |
LNCT University |
General Management |
₹1,10,000 – ₹1,40,000 |
|
4 |
Institute of Professional Education & Research (IPER) |
General Management |
₹1,10,000 – ₹1,40,000 |
|
5 |
Sagar Institute of Science & Technology (SISTec) |
General Management |
₹1,10,000 – ₹1,40,000 |
|
6 |
People’s Institute of Management & Research (PIMR) |
General Management |
₹1,10,000 – ₹1,40,000 |
|
7 |
Technocrats Institute of Technology (TIT) |
General Management |
₹1,10,000 – ₹1,40,000 |
|
8 |
Bhabha University |
General Management |
₹1,10,000 – ₹1,40,000 |
|
9 |
Madhyanchal Professional University (MPU) |
General Management |
₹1,10,000 – ₹1,40,000 |
|
10 |
All Saints' College of Technology (ASCT) |
Dual Specialization: Finance, Marketing, HR, Retail, Banking & Financial Services |
₹91,000 |
Note: The fees mentioned above exclude the hostel fee, which is subject to change at the discretion of the university. For the latest updates or any possible changes in fees, please check the university's official website.
Read Also: Best MBA colleges in Ghaziabad
List of MBA Colleges in Bhopal without CAT for Admission
Possessing strong academic credentials and a good CAT score is one of the most important factors that top-tier MBA colleges in Bhopal consider when accepting student admission applications. However, CAT is not the only accepted entrance test for admission. Other national-level tests such as NMAT, GMAT, and XAT are equally acceptable. If you have a valid score in any national-level test other than CAT, you can apply for admission to any of these colleges from the list.
|
|
College Name |
Accepted Entrance Exams |
Admission Process Includes |
|
1 |
Indian Institute of Forest Management (IIFM) |
XAT |
PI & GD |
|
2 |
Jagran Lakecity University (JLU) |
JLUET, CMAT, MAT, XAT |
PI & GD |
|
3 |
Sagar Institute of Research and Technology (SIRT) |
CMAT |
PI & GD |
|
4 |
Institute of Professional Education & Research (IPER) |
CMAT |
PI & GD |
|
5 |
Vidyasagar Institute of Management (VIM) |
CMAT |
PI & GD |
|
6 |
Prestige Institute of Management & Research (PIMR) |
CMAT |
PI & GD |
|
7 |
IES University |
Direct Admission |
PI only (usually) |
|
8 |
SAGE University |
SAGE Entrance Test |
PI & GD |
|
9 |
Lakshmi Narain College of Technology (LNCT) |
CMAT |
PI & GD |
|
10 |
Madhyanchal Professional University (MPU) |
Direct Admission |
PI only |
Read Also: Best MBA colleges in Lucknow
MBA Colleges in Bhopal without Entrance Test for Admission
Choosing an MBA college in Bhopal without an entrance test can help you gain instant admission, saving you both time and effort. Yes, there are colleges that accept admissions based on academic credentials, national-level test scores, and students' communication skills. See the list below of the best colleges that allow admission without holding a separate entrance test.
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|
College Name |
Admission Criteria |
|
1 |
IES University, Bhopal |
Admission based on Academic Credentials |
|
2 |
Madhyanchal Professional University (MPU) |
Admission based on Academic Credentials |
|
3 |
Technocrats Institute of Technology (TIT) |
Admission based on Academic Credentials |
|
4 |
People’s Institute of Management & Research (PIMR) |
Admission based on Academic Credentials |
|
5 |
SAGE University |
Admission based on Academic Credentials |
|
6 |
Jagran Lakecity University (JLU) |
Admission based on Academic Credentials |
|
7 |
MITS (Millennium Institute of Technology & Science) |
Admission based on Academic Credentials |
|
8 |
Vidyasagar Institute of Management (VIM) |
Admission based on Academic Credentials |
|
9 |
IES College of Technology (IESCT) |
Admission based on Academic Credentials |
|
10 |
Trinity Institute of Technology & Research (TITR) |
Admission based on Academic Credentials |
Read Also: Best MBA colleges in Greater Noida
MBA Colleges in Bhopal with Placement Rate & Salary Packages
The best MBA colleges can also be identified by their placement rates and the salary packages offered by hiring companies. As the ultimate aim of pursuing an MBA extends beyond academic and personal growth to include securing a high-paying job, we have compiled a list of the best MBA colleges in Bhopal with their placement rates and salary packages.
|
|
College Name |
Placement Rate |
Average Salary Package |
Highest Salary Package |
|
1 |
Jagran Lakecity University (JLU) |
90% |
₹4.5 - 5.5 LPA |
₹10 LPA |
|
2 |
Indian Institute of Forest Management (IIFM) |
85% |
₹6 - 7 LPA |
₹12 LPA |
|
3 |
Lakshmi Narain College of Technology (LNCT) |
80% |
₹3.5 - 4.5 LPA |
₹8 LPA |
|
4 |
Prestige Institute of Management & Research (PIMR) |
75% |
₹3 - 4 LPA |
₹7 LPA |
|
5 |
Sagar Institute of Research & Technology (SIRT) |
70% |
₹3 - 3.5 LPA |
₹6.5 LPA |
|
6 |
Vidyasagar Institute of Management (VIM) |
65% |
₹2.8 - 3.5 LPA |
₹5.5 LPA |
|
7 |
IES University |
60% |
₹3 - 3.5 LPA |
₹6 LPA
|
|
8 |
SAGE University |
70% |
₹3.5 - 4.5 LPA |
₹7 LPA |
|
9 |
Madhyanchal Professional University (MPU) |
55% |
₹2.5 - 3 LPA |
₹5 LPA |
|
10 |
Jagannath Gupta Institute of Management and Technology (JGIMT) |
50% |
₹2.5 - 3 LPA |
₹5 LPA |
Note: The figures provided are indicative and meant to give a general idea about the universities. Actual data and figures may vary.
Read Also: Best MBA Colleges in Dehradun
Distance MBA Colleges in Bhopal
A flexible learning process without compromising on the quality of education is one of the most welcoming qualities of any distance MBA college. Thankfully, Bhopal city is home to many such online and distance MBA colleges that provide management coaching of international standards within the comfort zone of students, allowing them to work while pursuing an MBA in their desired program. Here is the list of best distance and online MBA colleges in Bhopal.
|
|
College Name |
Accreditation/Recognition |
Approximate Fees (Total) |
|
|
|
1 |
Indira Gandhi National Open University (IGNOU) |
UGC, DEB Recognized |
₹37,800 |
Online + Study Material + Regional Centers |
|
|
2 |
SAGE University, Bhopal |
UGC, AICTE (for regular programs) |
₹70,000 - ₹1,20,000 approx. |
Online Learning + Recorded Lectures + Assignments |
|
|
3 |
Annamalai University (Study Centre in Bhopal) |
UGC, DEB Recognized |
₹50,000 - ₹70,000 approx. |
Online + Study Material + Contact Classes |
|
|
4 |
Symbiosis Centre for Distance Learning (SCDL) |
UGC Approved |
₹60,000 - ₹70,000 approx. |
Online + e-learning + Study Material |
|
|
5 |
Institute of Management Studies (IMS), Bhopal |
Recognized by UGC/DEB |
₹45,000 - ₹60,000 approx. |
Online + Study Material + Regional Classes |
|
|
6 |
ICFAI University, Bhopal |
UGC Recognized |
₹55,000 - ₹80,000 approx. |
Online + Study Material + Interactive Sessions |
|
|
7 |
Dr. B.R. Ambedkar University (BRAU), Bhopal |
UGC Recognized |
₹40,000 - ₹50,000 approx. |
Online + Study Material + Regional Support |
|
|
8 |
Madhya Pradesh Bhoj Open University (MPBOU) |
UGC Recognized |
₹30,000 - ₹40,000 approx. |
Online + Printed Material + Study Centres |
|
|
9 |
Jagran Lakecity University (JLU) |
UGC Recognized |
₹90,000 - ₹1,20,000 approx. |
Online + Study Material + Virtual Classes |
|
|
10 |
Career Point University, Bhopal |
UGC Recognized |
₹60,000 - ₹80,000 approx. |
Online + Study Material + Live Classes |
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MBA Colleges in Bhopal with Best Campus Facilities
The campus life of students has to be exciting and full of joy. As quality education isn't just about reading books and passing exams, it's also about fostering creativity, teamwork, and personal growth, thereby making the entire learning experience more meaningful and enjoyable. Therefore, the college you choose for your MBA must have the essential facilities within its campus, ensuring the safety, comfort, and overall well-being of students. Here is the list of top MBA colleges in Bhopal with world-class infrastructure, and fully equipped campuses.
|
|
College Name
|
Key Campus Facilities |
|
1 |
Jagran Lakecity University (JLU) |
Modern classrooms, Wi-Fi campus, auditoriums, library, hostels, sports, cafeteria, labs |
|
2 |
Indian Institute of Forest Management (IIFM) |
Eco-friendly campus, advanced research labs, library, hostels, seminar halls, Wi-Fi |
|
3 |
Lakshmi Narain College of Technology (LNCT) |
Smart classrooms, digital library, hostels, gym, sports complex, cafeteria |
|
4 |
Prestige Institute of Management & Research (PIMR) |
Wi-Fi campus, auditorium, computer labs, library, sports facilities, hostels |
|
5 |
Sagar Institute of Research & Technology (SIRT) |
Well-equipped labs, library, sports ground, hostel facilities, seminar rooms |
|
6 |
Jagannath Gupta Institute of Management and Technology (JGIMT) |
Library, labs, sports facilities, Wi-Fi campus, cafeteria, hostels |
|
7 |
Vidyasagar Institute of Management (VIM) |
Modern classrooms, library, Wi-Fi, seminar halls, sports, hostel |
|
8 |
IES University |
Smart classrooms, computer labs, auditorium, sports complex, hostels |
|
9 |
SAGE University |
State-of-the-art infrastructure, digital classrooms, library, hostels, sports complex |
|
10 |
Madhyanchal Professional University (MPU) |
Wi-Fi campus, seminar halls, digital library, hostel, cafeteria |
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