Top 8 Best MBA Colleges in Bhopal: List, Fees, Placements

Best MBA Colleges in Bhopal

Check the highlights of the top 8 MBA colleges in Bhopal here:

1. IIFM Bhopal

IIFM Bhopal accepts CAT/XAT/MAT.CMAT scores and conducts a personal interview to shortlist candidates for MBA programmes. Candidates with 50% (45% for the SC/ST/PwD) are eligible to apply.

• Programs Offered: MBA
• Accreditation: NBA 
• Specialisation: MBA in Forestry Management, MBA in Sustainability Management, MBA in Sustainable Development, MBA in Development and Sustainable Finance
• Fees: INR 12,98,000 (General/OBC-NC), INR 7,78,800 (SC/ST)

2. Barkatullah University

Barkatullah University offers an MBA programme with admissions based on CMAT scores. Candidates must have 50% marks in graduation (45% for SC/ST/OBC-NCL) to be eligible.

• Programs Offered: MBA 
• Accreditation: NAAC
• Fees: INR 77,400

3. Jagran Lakecity University

Jagran Lakecity University offers scholarships at the state and international levels based on various criteria, such as merit and sports achievement. The scholarship range offered is 15% to 100% of the tuition fee.

• Programs Offered: MBA (Marketing/Finance/HR/Risk/Management), MBA with Specialisation
• Accreditation: NAAC
• Specialisation: Business Analytics, Family Business
• Fees: INR 2,12,500 (Business Analytics), INR 2,40,000 (Family Business)

4. Rabindranath Tagore University

Rabindranath Tagore University offers an NAAC-accredited MBA with multiple specialisations, including Marketing, Finance, HR, IT, Agribusiness, Retail, Production, and Travel & Tourism. The total programme fee is approximately INR 1.20 lakh

• Programs Offered: MBA with specialisation
• Accreditation: NAAC
• Specialisation: Marketing, Finance, HR, IT, Agribusiness, Retail, Production, Travel and Tourism
• Fees: INR 1.20 Lakh

5. SAGE University Bhopal

SAGE University Bhopal offers MBA programmes across a wide range of specialisations, including Business Analytics, Financial Services, Applied Management, Agribusiness Management, Retail Management, and Artificial Intelligence.SAGE University also offers scholarships based on the UG marks and SEE score. The scholarship offered ranges from INR 25% to 100%. 

• Programs Offered: MBA with Specialisation
• Accreditation: NAAC A Grade
• Specialisation: MBA in Business Analytics, Financial Services, Applied Managment, Agribusiness Management, Retail Management, Artificial Intelligence, etc.
• Fees: INR 80,000 to INR 3,00,000

6. IPER Bhopal

Affiliated with Barkatullah University and accredited by the NBA. The institute offers a two-year MBA programme. The institute accepts the CMAT score, and the counselling is held by the DTE, Madhya Pradesh.

• Programs Offered: MBA with specialisation
• Accreditation: NBA
• Fees: INR 59,000 per semester (as per AFRC norms)

7. Sagar Institute of Research Technology (SIRT)

Sagar Institute of Research and Technology offers a wide range of 2-year MBA specialisation programs in Marketing, Business Analytics, Travel and Tourism and more. As per the placement report, the highest CTC has been INR 30 LPA. 

• Programs Offered: MBA with specialisation
• Accreditation: NAAC
• Specialisation: MBA in Financial Management, MBA in Marketing Management, MBA in HR Management, MBA in Banking and Financial Services, MBA in Retail Management, MBA in Business Analytics, MBA in Travel and Tourism Management.

8. Laxmi Narayan College of Technology, Bhopal

Laxmi Narayan College of Technology (LNCT), Bhopal, accepts the CMAT score for admission to the MBA program. The institute provides MBA programmes in Agribusiness, Data Science and Visualisation, and Investment Banking and Capital Markets, as well as other management specialisations.

• Programs Offered: MBA with specialisation
• Accreditation: NBA
• Specialisation: MBA in AgriBusiness, MBA in Data Science and Visualisation, and MBA in Investment Banking and Capital Markets

Key information for MBA Aspirants 

MBA Colleges Fees in Bhopal

The table below compares the total MBA fees at some of the top MBA colleges in Bhopal to help you evaluate options based on your budget. 

Important resources for MBA aspirants

Admission Process for MBA Colleges in Bhopal

Most institutes shortlist eligible candidates based on entrance exam scores, followed by a Personal Interview (PI) as part of the final selection process. 

Best MBA Colleges in Bhopal: Placement Statistics

The table below highlights the highest CTC offered by some of the top MBA colleges in Bhopal, helping you compare their placement. 

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