Why Study MBA?
MBA is globally recognized.
It builds leadership skills.
- Salaries range ₹4–25 LPA.
Top institutes offer ₹20–75 LPA. - Roles in finance, marketing, HR.
Entrepreneurship opportunities. - Enhances strategic thinking.
Improves decision-making skills. - Access to alumni networks.
Connect with industry leaders. - Valued by MNCs worldwide.
Opens global career paths.
Why Choose Odisha for MBA Studies?
Odisha is a hub for MBA education.
It offers unique advantages.
- XIMB, IIM Sambalpur, KIIT.
Ranked among India’s best. - Government fees: ₹50K–₹10.5L.
Private: ₹7L–₹13.2L. - Deloitte, Amazon recruit here.
Strong placement records. - Bhubaneswar’s IT, startup growth.
Enhances internship opportunities. - ~12,000 seats available.
OJEE, CAT, XAT simplify entry.
Top 10 MBA Colleges in Odisha 2025

1. Xavier Institute of Management (XIMB), Bhubaneswar
Established in 1987.
NAAC A-grade, ranked 20 (2023).
Faculty: 60+ Ph.D./industry experts.
Global exposure.
College Fees: ₹12.2L (2 years, MBA-BM).
Hostel Fees: ₹1.5L/year.
Top Recruiters: Deloitte, Amazon.
Accenture, ICICI Bank.
Infrastructure: 75-acre campus.
Smart classrooms, library.
Pros: High ROI (avg. ₹20LPA).
Strong alumni network.
Concerns: High fees.
Competitive CAT/XAT cutoffs.
Website: ximb.edu.in

2. Indian Institute of Management, Sambalpur
Established in 2015.
Ranked 43 by India Today 2023.
Faculty: 30+ Ph.D. faculty.
IIM-trained.
College Fees: ₹10.5L (2 years, MBA).
Hostel Fees: ₹1.2L/year.
Top Recruiters: Microsoft, EY.
KPMG, Vedanta.
Infrastructure: Modern campus.
Digital library, labs.
Pros: IIM brand, strong placements.
Innovative curriculum.
Concerns: Remote location.
Developing alumni network.
Website: iimsambalpur.ac.in

3. Kalinga Institute of Industrial Technology, Bhubaneswar
NAAC A++ grade.
Ranked 16 by NIRF 2024.
Faculty: 50+ Ph.D./industry pros.
Experienced.
College Fees: ₹10.3L (2 years, MBA).
Hostel Fees: ₹1L/year.
Top Recruiters: PwC, TCS.
Adani, Nestlé.
Infrastructure: 700-acre campus.
Smart classrooms, incubation.
Pros: High placement rate.
Diverse specializations, global ties.
Concerns: Large batch size.
High fees.
Website: ksom.ac.in

4. ASBM University, Bhubaneswar
Established in 2006.
ACBSP-accredited, A+++ (2024).
Faculty: 40+ industry experts.
Experiential learning focus.
College Fees: ₹7.5L (2 years, MBA).
Hostel Fees: ₹80K/year.
Top Recruiters: ICICI, HDFC.
Asian Paints.
Infrastructure: Smart classrooms.
Library, computer labs.
Pros: Affordable fees.
100% placements, innovative teaching.
Concerns: Smaller alumni network.
Fewer international recruiters.
Website: asbm.ac.in

5. International Management Institute, Bhubaneswar
Established in 2011.
AICTE-approved, industry focus.
Faculty: 25+ Ph.D./industry mentors.
Experienced.
College Fees: ₹13.2L (2 years, PGDM).
Hostel Fees: ₹1.8L/year.
Top Recruiters: Capgemini, Deloitte.
Maruti Suzuki.
Infrastructure: 16-acre campus.
Digital library, hostels.
Pros: High placements (avg. ₹11LPA).
Good infrastructure.
Concerns: High fees.
Competitive admission.
Website: imibh.edu.in

6. Birla Global University, Bhubaneswar
Established in 2013.
AICTE-approved, global focus.
Faculty: 30+ Ph.D./industry experts.
Experienced.
College Fees: ₹8.5L (2 years, MBA).
Hostel Fees: ₹1L/year.
Top Recruiters: ITC, HDFC.
Berger Paints.
Infrastructure: Smart classrooms.
Library, incubation center.
Pros: Affordable fees.
Good placements, modern campus.
Concerns: Smaller brand recognition.
Developing alumni network.
Website: bgu.ac.in

7. Siksha ‘O’ Anusandhan University, Bhubaneswar
NAAC A++.
Ranked top 70 by NIRF 2024.
Faculty: 40+ Ph.D. faculty.
Industry-oriented.
College Fees: ₹7L (2 years, MBA).
Hostel Fees: ₹90K/year.
Top Recruiters: Cognizant, Wipro.
Apollo Hospitals.
Infrastructure: 127-acre campus.
Digital classrooms, hospital ties.
Pros: Affordable fees.
Strong industry connections.
Concerns: Moderate placements (₹5LPA).
Large batch size.
Website: soa.ac.in

8. Regional College of Management, Bhubaneswar
Established in 1982.
UGC-recognized, BPUT-accredited.
Faculty: 35+ industry-experienced.
Skilled faculty.
College Fees: ₹7L (2 years, MBA Plus).
Hostel Fees: ₹80K/year.
Top Recruiters: Axis Bank, Colgate.
Godrej.
Infrastructure: Classrooms, library.
Computer labs, basic hostel.
Pros: Affordable fees.
Industry-specific electives.
Concerns: Basic infrastructure.
Moderate placements (₹6LPA).
Website: rcm.ac.in

9. ODM Business School, Bhubaneswar
Established in 2009.
AICTE-approved, PGDM focus.
Faculty: 25+ industry professionals.
Experienced.
College Fees: ₹7.5L (2 years, PGDM).
Hostel Fees: ₹90K/year.
Top Recruiters: Berger Paints, ITC.
Kotak Mahindra.
Infrastructure: Modern classrooms.
Library, computer labs.
Pros: Affordable fees.
Good placement support, dual specializations.
Concerns: Smaller campus.
Limited international exposure.
Website: odmbs.org

10. Centurion University of Technology and Management, Paralakhemundi
NAAC A-grade.
Focus on skill-based education.
Faculty: 30+ Ph.D./industry faculty.
Skilled.
College Fees: ₹3.5L (2 years, MBA).
Hostel Fees: ₹70K/year.
Top Recruiters: Tech Mahindra, Justdial.
Local firms.
Infrastructure: Classrooms, labs.
Library, basic hostel.
Pros: Low fees.
Skill-based curriculum, rural focus.
Concerns: Remote location.
Limited placement scope (₹4LPA).
Website: cutm.ac.in
All MBA Colleges in Odisha
Below is a list of MBA colleges in Odisha.
It includes government and private institutes.
They are categorized by type.
Serial No. | College Name | Location | Type |
---|---|---|---|
1 | Indian Institute of Management | Sambalpur | Government |
2 | Madhusudan Institute of Cooperative Management | Bhubaneswar | Government |
3 | Berhampur University, Department of Business Administration | Berhampur | Government |
4 | Utkal University, Department of Business Administration | Bhubaneswar | Government |
5 | Xavier Institute of Management (XIMB) | Bhubaneswar | Private |
6 | Kalinga Institute of Industrial Technology | Bhubaneswar | Private |
7 | ASBM University | Bhubaneswar | Private |
8 | International Management Institute | Bhubaneswar | Private |
9 | Birla Global University | Bhubaneswar | Private |
10 | Siksha ‘O’ Anusandhan University | Bhubaneswar | Private |
11 | Regional College of Management | Bhubaneswar | Private |
12 | ODM Business School | Bhubaneswar | Private |
13 | Centurion University of Technology and Management | Paralakhemundi | Private |
14 | Sri Sri University | Cuttack | Private |
15 | KIIT School of Rural Management | Bhubaneswar | Private |
Frequently Asked Questions (FAQ)
1. What is the duration of an MBA course in Odisha?
MBA/PGDM is 2 years.
Includes internships, projects.
2. What are the eligibility criteria for MBA in Odisha?
Bachelor’s degree with 50% marks.
45% for SC/ST.
Valid CAT/XAT/MAT/CMAT/OJEE score.
3. What are the job prospects after MBA?
Managers in finance, marketing, HR.
Entrepreneurship roles.
Top institutes offer ₹20–75 LPA.
4. How do I apply for MBA courses in Odisha?
Apply via college websites or OJEE.
Qualify entrance exams.
Attend GD/PI rounds.
5. Are hostel facilities mandatory for MBA students?
Hostels are optional.
Recommended for outstation students.
Offer Wi-Fi, mess facilities.
Conclusion
Odisha’s MBA colleges are top-tier.
XIMB, IIM Sambalpur, KIIT excel.
They offer strong placements, fees.
~12,000 seats across 144 colleges.
Elite institutes give high ROI.
Affordable options also available.
Consider pros, concerns, and scores.
Bhubaneswar’s IT, startup scene grows.
Check OJEE for admission details.