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 5 Top MBA Colleges In Odisha 2023: Rankings, Fees, Admissions, Courses, & Placements
January 4, 2024

5 Top MBA Colleges In Odisha 2023: Rankings, Fees, Admissions, Courses, & Placements

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Explore the best MBA colleges in Odisha 2023

Are you ready to explore your options for the Top MBA Colleges In Odisha? 

From rankings to fees, admissions, and more, we have got the inside scoop. 

Whether you are a future MBA superstar or just curious, we have got the lowdown of the 5 Top MBA Colleges In Odisha that have ranked exceptionally for their educational quality, placement records, impactable on-campus excellence, and more. 

Let’s get started then!

  • Siksha ‘O’ Anusandhan University, Bhubaneswar 

Siksha O Anusandhan, established in 2007 in Bhubaneswar, Odisha, is a distinguished private deemed-to-be-university. Accredited by prestigious bodies like ABET, NBA, NABH, and NABL, and boasting an ‘A++’ grade by NAAC, this institution is recognized and approved by UGC, AICTE, and SIRO. 

For three consecutive years, SOA University has secured its place among the top 20 universities in India as per NIRF rankings. Offering four MBA/PGDM courses with durations ranging from 2 to 5 years, the institution ensures diverse educational opportunities. With total tuition fees ranging from ₹1.8 to ₹7.5 L, SOA’s impressive median placement salary stands at ₹4.2 LPA.

Major Highlights Of SOA

  • Established: 2007, Bhubaneswar
  • Accreditations: ABET, NBA, NAAC
  • Approvals: UGC, AICTE, SIRO
  • NIRF Ranking: Top 20
  • IIM Sambalpur

Established in 2015, IIM Sambalpur is one of India’s newest management institutes. With a NIRF 2023 ranking of 58 and a 100% placement rate in 2023, it is rapidly making its mark. Offering MBA, PhD, E-PhD, and MDP programs, IIM Sambalpur has a fee range of INR 10-10.50 lakh. 

The college requires CAT scores for MBA admission, with a 92-percentile cut off for the General category in 2024. Mentored by IIM Indore, it is a co-ed institute in Sambalpur, Odisha. The application process is online, and they accept various entrance exams.

Major Highlights Of IIM

  • Establishment: 2015
  • Rank: 58 (NIRF 2023)
  • Placement: 100% Placement (2023)
  • Courses: MBA, PhD, E-PhD, MDP


  • Kalinga Institute Of Industrial Technology (KIIT), Bhubaneswar 

At KIIT, the MBA/PGDM program spans two enriching years, featuring a solid #59 ranking according to NIRF. The gateway to this esteemed institution is through the OJEE entrance examination for MBA admission. A prerequisite for aspiring candidates is an undergraduate degree with a minimum of 50% aggregate marks. 

The institute offers a lucrative platform for its graduates, with the highest package reaching an impressive INR 63 LPA. The average package for KIIT MBA graduates stands at a commendable INR 6.5 LPA. KIIT’s commitment to academic excellence and career prospects makes it a prime destination for those seeking an MBA/PGDM.

Major Highlights Of KIIT

  • Establishment: 1992
  • NIRF Rank: #59
  • Impressive Placements in 2023
  • Courses Offered: MBA/PGDM (2 years)


  • International Management Institute (IMI), Bhubaneswar 

IMI Bhubaneswar, or the International Management Institute, is an esteemed institution established in 1981. Its flagship PGDM program is accredited by the NBA and holds equivalence from AIU. The institute is a proud member of prestigious organizations like EFMD, AMDISA, AIU, and CII. 

Spread across Bhubaneswar, Delhi, and Kolkata, IMI boasts modern facilities, state-of-the-art classrooms, auditoriums, and industry-oriented labs. With a diverse curriculum offering, including international collaborations with IDRAC Business School, Zeppelin University, and more, IMI provides a global perspective. 

Admission is entrance-based, and accepted exams include CAT, XAT, CMAT, and GMAT. IMI Bhubaneswar is a co-ed institution with a strong faculty and top recruiters like Axis Bank, ICICI Bank, and HDFC Bank, offering the highest CTC of Rs 17.25 LPA. It is an institution committed to excellence in management education.

Major Highlights Of IMI

  • Establishment: 1981
  • Accredited PGDM
  • International Recognitions
  • CTC Package: Rs 17.25 LPA


  • Xavier Institute Of Management (XIMB), Bhubaneswar

XIMB, Bhubaneswar offers an MBA program for students with a three-year bachelor’s degree or equivalent in any discipline and a minimum of 55% aggregate. Admission to XIMB’s MBA program is through exams like XAT, CAT, GMAT, and X-GMT, followed by a Written Ability Test, Group Discussion, and Personal Interview.

The program’s fees are INR 20.9 lakhs for two years. In 2023, XIMB achieved a 100% placement rate with an impressive average package of INR 20.03 LPA, and the highest package soared to INR 71.50 LPA. XIMB holds the 35th NIRF Management category rank, boasting a 30-year legacy.

Major Highlights Of XIMB

  • Establishment: 1987
  • Entrance exams: XAT, CAT, GMAT
  • Selection process: Written Test, GD, Interview
  • Fees: INR 20.9 lakhs

Conclusion For Explore the best MBA colleges in Odisha 2023

In conclusion, Odisha boasts some stellar MBA colleges, each offering unique opportunities for personal and professional growth. Whether you are driven by rankings, budget considerations, your dream course, or securing that dream job, these 5 Top MBA Colleges In Odisha have you covered. 

They represent the perfect blend of tradition and innovation, ensuring you are ready to tackle the dynamic business world. So, take a deep dive into the rankings, fees, admission processes, courses, and placements to discover the Top MBA Colleges In Odisha that align with your aspirations. 


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