MBA Colleges in Bhopal 2026: Fees, Ranking, Admission, Placement, Cutoff

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Shawon Roy Chowdhury

Content Strategist at Collegedunia | Updated on - Oct 27, 2026

IIFM Bhopal, PIMR Bhopal, JLU Bhopal, Barkatullah University Bhopal, and SIRT Bhopal are the best MBA colleges in Bhopal. IIFM Bhopal leads with a CD Score of 496 out of 1000, followed by PIMR Bhopal at 368 and JLU Bhopal at 367.

Key Summary

Fees

Government7.80 K (IODE Barkatullah Vishwavidyalaya Bhopal) to 12.98 Lakh (IIFM Bhopal)

Private60.00 K (Bansal Group of Institutes Bhopal) to 5.20 Lakh (JLU Bhopal)

Top by CD ScoreIIFM Bhopal (496), PIMR Bhopal (368), JLU Bhopal (367)

Placements

Average/Median Package3.00 LPA (Barkatullah University Bhopal) to 6.08 LPA (LNCT University Bhopal)

Highest PackageSAGE University Bhopal (2.00 CPA), LNCT University Bhopal (1.12 CPA), OGI Bhopal (72.00 LPA)

Best ROIBansal Group of Institutes Bhopal (750.00%), IES University Bhopal (540.12%), LNCT Bhopal (398.55%)

Admission

ExamsMP Counselling (32), CMAT (30), CAT (16), MAT (12)

Colleges93 private, 11 government

Executive MBA5 colleges

Options

Top SpecialisationsGeneral (80), Marketing (43), Finance (38)

Part-time / Distance5 colleges / 2 colleges

Full-time / AICTE-Approved106 colleges / 82 colleges

MBA Colleges in Bhopal 2026

Rankings in Bhopal College Name Total Course Fees (INR) CD Score (Out of 1000) Average/Median Package MBA Cutoff (General)
1 IIFM Bhopal 12.98 Lakh 496 - 80 CAT %ile
2 PIMR Bhopal 1.80 Lakh 368 4.74 LPA -
3 JLU Bhopal 5.20 Lakh 367 - -
4 Barkatullah University Bhopal 76.45 K - 3.00 LPA 672 MP Counselling Cutoff
5 SIRT Bhopal 1.68 Lakh - 4.00 LPA 1679 MP Counselling Rank
6 SAGE University Bhopal 1.70 Lakh - 5.65 LPA -
7 MPBOU Bhopal 18.00 K - - -
8 MANIT Bhopal 1.97 Lakh - - -
9 OGI Bhopal 61.00 K - - -
10 SISTec Bhopal 1.50 Lakh - - -

Note: The CD Score is the sum of academic and placement scores. The academic scores are calculated based on state exam cutoffs or all-India entrance exam cutoffs, along with student reviews, NAAC rankings, and agency ratings. The Placement Scores are calculated based on the average package, median package, and the number of students placed from each college.

Ques. What is the admission process for MBA colleges in Bhopal?

Ans. MBA admission in Bhopal requires a bachelor’s degree with a minimum of 50% marks and a valid score in MP Counselling, CMAT, CAT, MAT, XAT or GMAT, followed by group discussion and personal interview rounds at colleges that hold their own selection. IIFM Bhopal admits at an 80 CAT percentile cutoff, JLU Bhopal through its own JLUET test and MANIT Bhopal through GATE, while 32 colleges fill seats through MP Counselling.

Step What to Do
Eligibility Bachelor’s degree in any stream with a minimum of 50% marks
Entrance Exam Take CMAT, CAT, MAT, XAT, GMAT or the college’s own test, such as JLUET for JLU Bhopal
Application Apply to each college separately before its deadline
Selection Rounds Clear the GD and PI at colleges that hold their own selection
Counselling For state seats, register for the MP Counselling rounds
Document Verification Submit marksheets, scorecard, ID proof and category certificate (if applicable)
Seat Confirmation Accept the offer and pay the seat-acceptance fee before the deadline

Ques. What is the placement scenario at the best MBA colleges in Bhopal?

Ans. LNCT University Bhopal records the highest average/median package among MBA colleges in Bhopal at 6.08 LPA, followed by SAGE University Bhopal at 5.65 LPA and LNCT Bhopal at 5.50 LPA. SAGE University Bhopal reports the highest single package at 2.00 CPA, ahead of LNCT University Bhopal at 1.12 CPA and OGI Bhopal at 72.00 LPA. Recruiters include TCS, Infosys, Wipro, Accenture, Deloitte and IBM.

Ques. Which MBA colleges in Bhopal offer the best return on investment?

Ans. Bansal Group of Institutes Bhopal delivers the best ROI among MBA colleges in Bhopal at 750.00%, turning a 60.00 K fee into a 4.50 LPA average/median package, followed by IES University Bhopal at 540.12% and LNCT Bhopal at 398.55%. Barkatullah University Bhopal returns 392.41% on a 76.45 K fee. ROI is the average/median annual package divided by the total course fee, multiplied by 100.

Ques. Which is the best MBA college in Bhopal?

Ans. IIFM Bhopal is the best MBA college in Bhopal with a CD Score of 496 out of 1000, a Collegedunia rank of 143 out of 350 in India and an IIRF rank of 47. Its MBA costs 12.98 Lakh, admits at around 80 CAT percentile and reports a highest package of 20.50 LPA. PIMR Bhopal follows at 368 with a 4.74 LPA average/median package, and JLU Bhopal sits at 367.

Ques. Which college is a better choice: SAGE University Bhopal or PIMR Bhopal?

Ans. SAGE University Bhopal offers an MBA at 1.70 Lakh with an average/median package of 5.65 LPA and a highest package of 2.00 CPA. PIMR Bhopal offers an MBA in Business Analytics at 1.80 Lakh with an average/median package of 4.74 LPA and a highest package of 11.40 LPA.

Criteria SAGE University Bhopal PIMR Bhopal
CD Score (Out of 1000) - 368
Programme MBA MBA Business Analytics
Total Fees (INR) 1.70 Lakh 1.80 Lakh
Average/Median Package 5.65 LPA 4.74 LPA
Highest Package 2.00 CPA 11.40 LPA
ROI (%) 332.35% 263.33%
CD Ranking - 311
India Today Ranking 191 252 (2024)

Verdict: SAGE University Bhopal is the better choice for most candidates. It pays 0.91 LPA more at the average/median, charges 10.00 K less and returns 332.35% against 263.33%, with a 2.00 CPA ceiling. PIMR Bhopal suits candidates who want a business analytics specialisation at a ranked institute, with a CD Score of 368 and a Collegedunia rank of 311 in India.

Ques. Is work experience mandatory for MBA admission in Bhopal?

Ans. Work experience is not mandatory for the regular MBA at MBA colleges in Bhopal. IIFM Bhopal, PIMR Bhopal, JLU Bhopal, SIRT Bhopal and the colleges that admit through MP Counselling ask for a bachelor’s degree with a minimum of 50% marks and a valid entrance score. The Executive MBA programmes at IIFM Bhopal, JLU Bhopal, MANIT Bhopal, RKDF University Bhopal and RNTU Bhopal are meant for working professionals, so the rules differ by programme.

Ques. What is the cutoff for MBA colleges in Bhopal?

Ans. IIFM Bhopal has the highest reported cutoff among MBA colleges in Bhopal at 80 CAT percentile. Among the colleges that admit through MP Counselling, Barkatullah University Bhopal reports a cutoff of 672 and SIRT Bhopal a closing rank of 1679. PIMR Bhopal, JLU Bhopal and SAGE University Bhopal have no reported cutoff, so the score needed for these colleges changes with each admission cycle and category.

Ques. Which MBA colleges in Bhopal offer admission without CAT?

Ans. MP Counselling is the most widely accepted route into MBA colleges in Bhopal at 32 colleges, followed by CMAT at 30, so most seats open without a CAT score. PIMR Bhopal admits through CMAT, JLU Bhopal through JLUET and MANIT Bhopal through GATE, while Barkatullah University Bhopal and SISTec Bhopal fill seats through MP Counselling. SIRT Bhopal reports a closing rank of 1679 through MP Counselling.

College Name Exam Accepted Total Fees (INR)
SIRT Bhopal MP Counselling, CAT, CMAT, GMAT 1.68 Lakh
PIMR Bhopal CMAT 1.80 Lakh
JLU Bhopal JLUET 5.20 Lakh
Barkatullah University Bhopal MP Counselling 76.45 K
SISTec Bhopal MP Counselling 1.50 Lakh
LNCT Bhopal CAT, MP Counselling 1.38 Lakh

Ques. Which MBA colleges in Bhopal offer admission without an entrance exam?

Ans. VNS Group of Institutions Bhopal, ASCE Bhopal, SIST Bhopal, SCET Bhopal, MIM Bhopal and Scope College of Engineering Bhopal admit MBA students on graduation merit with a minimum of 50% marks, without an entrance exam score. VNS Group of Institutions Bhopal is the cheapest of these at 60.00 K, followed by ASCE Bhopal at 78.00 K and SIST Bhopal at 88.00 K, while GGITM Bhopal charges 1.50 Lakh and MGU Bhopal 1.70 Lakh.

Ques. Which are the main entrance exams for MBA admission in Bhopal?

Ans. MP Counselling and CMAT are the main entrance routes for MBA colleges in Bhopal, accepted by 32 and 30 colleges, followed by CAT at 16 colleges and MAT at 12. XAT, GMAT, ATMA and NMAT cover the next tier at 6, 4, 2 and 1 colleges, and JLU Bhopal also conducts its own JLUET test for MBA admission.

Entrance Exam Colleges Accepting
MP Counselling 32
CMAT 30
CAT 16
MAT 12
XAT 6
GMAT 4
ATMA 2
NMAT 1

Ques. Which specialisations are offered by MBA colleges in Bhopal?

Ans. General MBA is the most widely offered programme in Bhopal at 80 colleges, followed by Marketing at 43 colleges, Finance at 38 and Human Resources Management at 36. Retail Management completes the top five at 22 colleges, with SAGE University Bhopal, Bhabha University Bhopal and LNCT University Bhopal among the colleges offering it.

Specialisation Colleges Offering Top Colleges
General 80 IIFM Bhopal, SIRT Bhopal, PIMR Bhopal
Marketing 43 JLU Bhopal, PIMR Bhopal, LNCT Bhopal
Finance 38 JLU Bhopal, PIMR Bhopal, LNCT University Bhopal
Human Resources Management 36 Barkatullah University Bhopal, JLU Bhopal, PIMR Bhopal
Retail Management 22 SAGE University Bhopal, Bhabha University Bhopal, LNCT University Bhopal

Ques. Why is Bhopal good for an MBA, and how does it compare with other cities?

Ans. Bhopal is one of the most affordable MBA cities in central India. Bansal Group of Institutes Bhopal returns 750.00% on a 60.00 K fee, IODE Barkatullah Vishwavidyalaya Bhopal charges 7.80 K, and MP Counselling opens 32 colleges. IIFM Bhopal leads the city with a CD Score of 496 and a 20.50 LPA highest package, but packages at the top stay below Lucknow, Indore and Nagpur, where IIMs lead the lists.

City Top 3 Colleges Best Average/Median Package in Top 3 Why This City Works
Bhopal IIFM Bhopal, PIMR Bhopal, JLU Bhopal 4.74 LPA The state capital, with Bansal Group of Institutes Bhopal returning 750.00% on a 60.00 K fee and 32 colleges open through MP Counselling.
Lucknow IIM Lucknow, JIM Lucknow, BBAU Lucknow 32.30 LPA IIM Lucknow leads at 32.30 LPA, and BBAU Lucknow pays 15.13 LPA on a 38.50 K fee.
Indore IIM Indore, Jaipuria Indore, PIMR Indore 27.30 LPA Madhya Pradesh’s commercial hub, with IIM Indore at 27.30 LPA and Jaipuria Indore at 9.00 LPA.
Nagpur IIM Nagpur, SIBM Nagpur, IMT Nagpur 17.03 LPA Three national B-schools in one city, each with an average/median package of 12 LPA or more.
Jaipur JIM Jaipur, MNIT Jaipur, MUJ Jaipur 9.02 LPA MNIT Jaipur pays 7.05 LPA on a 4.90 Lakh fee, and all three top colleges charge under 18 Lakh.
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MBA Colleges in Bhopal 2026: fees and ROI infographic

MBA Colleges in Bhopal with Best ROI and Placements 2026

Bansal Group of Institutes Bhopal delivers the best ROI among MBA colleges in Bhopal at 750.00% on a 60.00 K fee, followed by IES University Bhopal at 540.12% and LNCT Bhopal at 398.55%. On salary, LNCT University Bhopal leads at 6.08 LPA, ahead of SAGE University Bhopal at 5.65 LPA and LNCT Bhopal at 5.50 LPA, while SAGE University Bhopal posts the highest single package at 2.00 CPA.

College Name Total Fees (INR) Average/Median Package Highest Package ROI (%)
Bansal Group of Institutes Bhopal 60.00 K 4.50 LPA 57.40 LPA 750.00%
IES University Bhopal 95.35 K 5.15 LPA 21.00 LPA 540.12%
LNCT Bhopal 1.38 Lakh 5.50 LPA 12.00 LPA 398.55%
Barkatullah University Bhopal 76.45 K 3.00 LPA 11.00 LPA 392.41%
LNCT University Bhopal 1.70 Lakh 6.08 LPA 1.12 CPA 357.65%
SAGE University Bhopal 1.70 Lakh 5.65 LPA 2.00 CPA 332.35%
PIMR Bhopal 1.80 Lakh 4.74 LPA 11.40 LPA 263.33%
RGPV Bhopal 1.46 Lakh 3.50 LPA 18.00 LPA 239.73%
SIRT Bhopal 1.68 Lakh 4.00 LPA 23.00 LPA 238.10%

Government MBA Colleges in Bhopal 2026

IIFM Bhopal, Barkatullah University Bhopal and MPBOU Bhopal are the best government MBA colleges in Bhopal. Fees range from 7.80 K at IODE Barkatullah Vishwavidyalaya Bhopal to 12.98 Lakh at IIFM Bhopal, and average/median packages range from 3.00 LPA at Barkatullah University Bhopal to 3.50 LPA at RGPV Bhopal. MANIT Bhopal reports the highest package among them at 56.00 LPA, ahead of IIFM Bhopal at 20.50 LPA.

College Name Total Fees (INR) Highest Package
IIFM Bhopal 12.98 Lakh 20.50 LPA
Barkatullah University Bhopal 76.45 K 11.00 LPA
MPBOU Bhopal 18.00 K -
MANIT Bhopal 1.97 Lakh 56.00 LPA
MCNUJC Bhopal 73.25 K -
RGPV Bhopal 1.46 Lakh 18.00 LPA
AIIMS Bhopal 1.80 Lakh -
ABVHV Bhopal 77.30 K -
NITTTR Bhopal 1.50 Lakh -
IODE Barkatullah Vishwavidyalaya Bhopal 7.80 K -

Private MBA Colleges in Bhopal 2026

PIMR Bhopal, JLU Bhopal and SIRT Bhopal are the best private MBA colleges in Bhopal. Fees range from 60.00 K at Bansal Group of Institutes Bhopal to 5.20 Lakh at JLU Bhopal, and average/median packages range from 4.00 LPA at SIRT Bhopal to 6.08 LPA at LNCT University Bhopal. SAGE University Bhopal reports the highest package at 2.00 CPA, while OGI Bhopal pairs a 61.00 K fee with a 72.00 LPA ceiling.

College Name Total Fees (INR) Average/Median Package Highest Package
PIMR Bhopal 1.80 Lakh 4.74 LPA 11.40 LPA
JLU Bhopal 5.20 Lakh - 12.00 LPA
SIRT Bhopal 1.68 Lakh 4.00 LPA 23.00 LPA
SAGE University Bhopal 1.70 Lakh 5.65 LPA 2.00 CPA
OGI Bhopal 61.00 K - 72.00 LPA
SISTec Bhopal 1.50 Lakh - 21.00 LPA
Bansal Group of Institutes Bhopal 60.00 K 4.50 LPA 57.40 LPA
SIRTE Bhopal 1.47 Lakh - 8.00 LPA
LNCT Bhopal 1.38 Lakh 5.50 LPA 12.00 LPA
LNCT University Bhopal 1.70 Lakh 6.08 LPA 1.12 CPA

Top-Ranked MBA Colleges in Bhopal by Various Agencies

IIFM Bhopal is the top-ranked MBA college in Bhopal at Collegedunia rank 143 out of 350 in India 2026, and it also holds IIRF rank 47. PIMR Bhopal and JLU Bhopal follow at Collegedunia ranks 311 and 314, JLU Bhopal holds India Today rank 113 and Outlook rank 115 in 2026, and Barkatullah University Bhopal holds IIRF rank 86.

College Name CD Ranking India Today Ranking Other Agency Rankings
IIFM Bhopal 143 - IIRF 47
PIMR Bhopal 311 252 (2024) -
JLU Bhopal 314 113 Outlook 115
Barkatullah University Bhopal - - IIRF 86
SIRT Bhopal - 263 (2020) Outlook 107 (2022)
SAGE University Bhopal - 191 Outlook 121

MBA Colleges in Bhopal: Admission 2026

MP Counselling is accepted by 32 MBA colleges in Bhopal, CMAT by 30 and CAT by 16. IIFM Bhopal, JLU Bhopal and PIMR Bhopal shortlist on their own entrance routes and follow with GD and PI rounds, while SIRT Bhopal, Barkatullah University Bhopal, LNCT Bhopal, RGPV Bhopal and SISTec Bhopal fill seats through MP Counselling. Most programmes require a bachelor’s degree with a minimum of 50% marks.

College Name Exam Accepted Selection Process
IIFM Bhopal CAT, XAT, CMAT Entrance score, GD and PI
JLU Bhopal JLUET JLUET score, GD and PI
PIMR Bhopal CMAT CMAT score, GD and PI
SIRT Bhopal MP Counselling, CAT, CMAT, GMAT MP Counselling seat allotment
Barkatullah University Bhopal MP Counselling MP Counselling seat allotment
LNCT Bhopal CAT, MP Counselling MP Counselling seat allotment
RGPV Bhopal CAT, MP Counselling MP Counselling seat allotment
SISTec Bhopal MP Counselling MP Counselling seat allotment

MBA Colleges in Bhopal at Low Cutoff Score

VNS Group of Institutions Bhopal, ASCE Bhopal and SIST Bhopal admit MBA students without an entrance exam, on graduation merit with a minimum of 50% marks, at fees of 60.00 K, 78.00 K and 88.00 K. Among the colleges that use entrance scores, SIRT Bhopal closes at rank 1679 in MP Counselling, Barkatullah University Bhopal reports a cutoff of 672 and IIFM Bhopal sets the highest bar at 80 CAT percentile.

College Name MBA Cutoff (General) Total Fees (INR)
VNS Group of Institutions Bhopal Graduation with 50% marks 60.00 K
ASCE Bhopal Graduation with 50% marks 78.00 K
SIST Bhopal Graduation with 50% marks 88.00 K
SCET Bhopal Graduation with 50% marks 91.20 K
MIM Bhopal Graduation with 50% marks 94.00 K
Scope College of Engineering Bhopal Graduation with 50% marks 96.00 K
GGITM Bhopal Graduation with 50% marks 1.50 Lakh
MGU Bhopal Graduation with 50% marks 1.70 Lakh
SIRT Bhopal 1679 MP Counselling Rank 1.68 Lakh
Barkatullah University Bhopal 672 MP Counselling Cutoff 76.45 K
IIFM Bhopal 80 CAT %ile 12.98 Lakh

Cheapest MBA Colleges in Bhopal with Low Fees 2026

IODE Barkatullah Vishwavidyalaya Bhopal has the lowest fee among MBA colleges in Bhopal at 7.80 K for its one-year PG Diploma in Personnel Management, followed by SCSM Bhopal at 16.00 K and MPBOU Bhopal at 18.00 K for its MBA in Material Management. BIRT Bhopal charges 40.00 K and VGI Bhopal 50.00 K, while JNCT Bhopal, BIST Bhopal and SAM Global University Bhopal charge 60.00 K each.

College Name Programme Course Duration Total Fees (INR)
IODE Barkatullah Vishwavidyalaya Bhopal PG Diploma Personnel Management 1 Year 7.80 K
SCSM Bhopal MBA/PGDM - 16.00 K
MPBOU Bhopal MBA Material Management - 18.00 K
BIRT Bhopal MBA 2 Years 40.00 K
VGI Bhopal MBA/PGDM - 50.00 K
JNCT Bhopal MBA 2 Years 60.00 K
BIST Bhopal MBA 2 Years 60.00 K
SAM Global University Bhopal MBA - 60.00 K
OCT Bhopal MBA 2 Years 61.00 K
Bhabha University Bhopal MBA - 66.00 K

MBA Colleges in Bhopal FAQs

Ques. What are the fees of MBA colleges in Bhopal?

Ans. MBA fees in Bhopal range from 7.80 K at IODE Barkatullah Vishwavidyalaya Bhopal to 12.98 Lakh at IIFM Bhopal among government colleges. Among the top private colleges, fees range from 60.00 K at Bansal Group of Institutes Bhopal to 5.20 Lakh at JLU Bhopal, and PIMR Bhopal, SIRT Bhopal, SAGE University Bhopal and LNCT University Bhopal charge between 1.68 Lakh and 1.80 Lakh.

College Type Fee Range (INR)
Government 7.80 K at IODE Barkatullah Vishwavidyalaya Bhopal to 12.98 Lakh at IIFM Bhopal
Private 60.00 K at Bansal Group of Institutes Bhopal to 5.20 Lakh at JLU Bhopal

Ques. Which is the cheapest MBA college in Bhopal?

Ans. IODE Barkatullah Vishwavidyalaya Bhopal is the cheapest MBA college in Bhopal at 7.80 K for its one-year PG Diploma in Personnel Management, followed by SCSM Bhopal at 16.00 K and MPBOU Bhopal at 18.00 K. BIRT Bhopal charges 40.00 K and VGI Bhopal 50.00 K. Among the colleges with placement data, Bansal Group of Institutes Bhopal is the cheapest at 60.00 K and also delivers the best ROI at 750.00%.

Ques. Which are the best government MBA colleges in Bhopal?

Ans. IIFM Bhopal is the strongest government MBA college in Bhopal with a CD Score of 496, a 12.98 Lakh fee and a 20.50 LPA highest package. RGPV Bhopal reports the best average/median package among government colleges at 3.50 LPA on a 1.46 Lakh fee, followed by Barkatullah University Bhopal at 3.00 LPA on 76.45 K, while MANIT Bhopal posts the highest package at 56.00 LPA on a 1.97 Lakh fee.

Ques. Which are the Executive MBA options in Bhopal?

Ans. IIFM Bhopal, JLU Bhopal, MANIT Bhopal, RKDF University Bhopal and RNTU Bhopal offer Executive MBA programmes in Bhopal. These programmes are meant for working professionals who want a management degree alongside their jobs. Among them, IIFM Bhopal has the highest CD Score at 496 and JLU Bhopal holds India Today rank 113. LNCT University Bhopal also carries an Executive MBA rating on Collegedunia.

Ques. Which are the part-time MBA options in Bhopal?

Ans. There are 5 colleges in Bhopal offering part-time MBA/PGDM programmes: IODE Barkatullah Vishwavidyalaya Bhopal, MPBOU Bhopal, NIIST Bhopal, Bhabha University Bhopal and GGITM Bhopal. Fees range from 7.80 K for the PG Diploma in Personnel Management at IODE Barkatullah Vishwavidyalaya Bhopal to 1.50 Lakh for the MBA in Finance at GGITM Bhopal.

College Name Programme Total Fees (INR)
IODE Barkatullah Vishwavidyalaya Bhopal PG Diploma Personnel Management 7.80 K
MPBOU Bhopal MBA Material Management 18.00 K
NIIST Bhopal MBA Human Resource Management 1.10 Lakh
Bhabha University Bhopal MBA Hospital Management 1.20 Lakh
GGITM Bhopal MBA Finance 1.50 Lakh

Ques. Which distance MBA options are available in Bhopal?

Ans. There are 2 colleges in Bhopal offering distance MBA/PGDM programmes. IODE Barkatullah Vishwavidyalaya Bhopal charges 7.80 K for its PG Diploma in Personnel Management and MPBOU Bhopal 18.00 K for its MBA in Material Management. Both are government institutions, which keeps their fees well below the 60.00 K starting point of the private full-time MBAs with placement data.

College Name Programme Total Fees (INR)
IODE Barkatullah Vishwavidyalaya Bhopal PG Diploma Personnel Management 7.80 K
MPBOU Bhopal MBA Material Management 18.00 K

Ques. How many MBA colleges in Bhopal are AICTE-approved?

Ans. Bhopal has 82 AICTE-approved MBA colleges out of the 108 MBA/PGDM colleges in the city, of which 93 are private and 11 are government. By affiliation, 26 MBA colleges in Bhopal are affiliated with RGPV Bhopal, 18 with Barkatullah University Bhopal and 1 with MPMSU Jabalpur, while the private universities award their own degrees.

Approval / Affiliation Number of MBA Colleges in Bhopal
AICTE Approved 82
Affiliated with RGPV Bhopal 26
Affiliated with Barkatullah University Bhopal 18
Affiliated with MPMSU Jabalpur 1

Ques. What scholarships are available at MBA colleges in Bhopal?

Ans. MBA students in Bhopal can get need-based, merit-based, government and corporate or alumni scholarships. Madhya Pradesh residents from the SC, ST and OBC categories can apply for the state’s post-matric scholarships through the MP Scholarship Portal, and private universities and institutes in the city offer merit awards on entrance scores or academic records. Scholarship types differ from college to college.

Scholarship Type Basis
Need-Based Aid Family income and assessed financial need
Merit Scholarship Entrance score, academic record or MBA performance
Government Scholarship SC/ST/OBC/EWS/PwD eligibility under central or state schemes
Corporate/Alumni Scholarship Fixed grant or partial tuition support at selected institutes
Sub Stream
Specialization
Program Type
Type Of College
Entrance/Exam Accepted
Total Fee
Course Type
Agency
Affliation
Approval
Course Duration
College Category
Gender Accepted

Found 108 colleges

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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#1

Indian Institute of Forest Management - [IIFM], Bhopal

Bhopal, Madhya Pradesh |AICTE, AACSB Approved
CD Score: 496/1000
₹ 12,98,000MBA Sustainability Management- Total Fees 4.4 / 5 Based on 15 User
Reviews
Best in Accomodation
#143th/350 in India for Management 2026
agency logoagency logoagency logo+ 3 More
#2

Prestige Institute of Management & Research - [PIMR], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, NBA Approved
CD Score: 368/1000
₹ 1,60,000MBA- Total Fees 3.7 / 5 Based on 26 User
Reviews
Best in Infrastructure
#311th/350 in India for Management 2026
agency logoagency logoagency logoMore
#3

Jagran Lakecity University - [JLU], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, COA, BCI, UGC Approved
CD Score: 367/1000
₹ 5,20,000MBA Business Analytics- Total FeesCompare Fees 4.1 / 5 Based on 90 User
Reviews
Best in Infrastructure
#314th/350 in India for Management 2026
agency logoagency logoagency logo+ 3 More
#4

Barkatullah University - [BU], Bhopal

Bhopal, Madhya Pradesh |UGC Approved
NAAC A
₹ 76,450MBA Human Resource Management- Total Fees 3.6 / 5 Based on 847 User
Reviews
Best in Academics
#86th/100 in India for Management 2026
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#5

Sagar Institute of Research and Technology - [SIRT], Bhopal

Bhopal, Madhya Pradesh |AICTE, UGC, NBA Approved
NAAC A
₹ 1,68,000MBA- Total Fees 4.1 / 5 Based on 269 User
Reviews
Best in Infrastructure
#263th/292 in India for Management 2020
agency logoagency logoagency logo+ 1 More
#6

SAGE University, Bhopal

Bhopal, Madhya Pradesh |AICTE, PCI, INC, BCI, UGC Approved
NAAC A+
₹ 1,70,000MBA- Total Fees 4 / 5 Based on 124 User
Reviews
Best in Infrastructure
#191th/232 in India for Management 2026
agency logoagency logoagency logo+ 2 More
#7

Madhya Pradesh Bhoj (Open) University - [MPBOU], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, RCI, UGC, DEB Approved
NAAC A
₹ 18,000MBA Material Management- Total Fees-- 3.8 / 5 Based on 29 User
Reviews
Best in Faculty
--
#8

Maulana Azad National Institute of Technology - [MANIT], Bhopal

Bhopal, Madhya Pradesh |AICTE, NBA Approved
₹ 1,97,200MBA- Total FeesCompare Fees 4 / 5 Based on 750 User
Reviews
Best in Social Life
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#9

Oriental Group of Institutes - [OGI], Bhopal

Bhopal, Madhya Pradesh |AICTE, NBA Approved
₹ 61,000MBA Retail Management- Total Fees 3.8 / 5 Based on 610 User
Reviews
Best in Infrastructure
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#10

Sagar Institute of Science and Technology - [SISTec], Bhopal

Bhopal, Madhya Pradesh |AICTE, NBA Approved
₹ 1,50,000MBA- Total Fees 4.2 / 5 Based on 206 User
Reviews
Best in Faculty
#249th/270 in India for Management 2025
#11
₹ 73,246MBA Media Management- Total Fees-- 4.1 / 5 Based on 130 User
Reviews
Best in Academics
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#12

Bansal Group of Institutes, Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
₹ 60,000MBA- Total Fees 3.8 / 5 Based on 409 User
Reviews
Best in Infrastructure
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#13
NAAC B
₹ 1,47,400MBA- Total Fees 4.5 / 5 Based on 51 User
Reviews
Best in Faculty
#236th/272 in India for Management 2023
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#14
NAAC A
₹ 1,45,700MBA- Total FeesCompare Fees 3.6 / 5 Based on 6602 User
Reviews
Best in Infrastructure
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#15

Lakshmi Narain College of Technology - [LNCT], Bhopal

Bhopal, Madhya Pradesh |AICTE, NBA Approved
₹ 1,38,000MBA- Total FeesCompare Fees 3.8 / 5 Based on 621 User
Reviews
Best in Placements
#355th/372 in India for Management 2025
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#16

All India Institute of Medical Sciences - [AIIMS], Bhopal

Bhopal, Madhya Pradesh |MCI Approved
₹ 1,80,000MHM Hospital Management- Total FeesCompare Fees-- 4.2 / 5 Based on 24 User
Reviews
Best in Academics
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#17

LNCT University - [LNCTU], Bhopal

Bhopal, Madhya Pradesh |AICTE, COA, PCI, INC, MCI Approved
₹ 1,70,000MBA Data Science- Total Fees 4 / 5 Based on 173 User
Reviews
Best in Faculty
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#18
₹ 4,07,400MBA- Total Fees 4.2 / 5 Based on 49 User
Reviews
Best in Social Life
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#19
CD Score: 107/1000
₹ 77,300MBA Logistics And Supply Chain Management- Total Fees-- 3.7 / 5 Based on 20 User
Reviews
Best in Faculty
#19th/75 in India for Management 2026
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#20

Rabindranath Tagore University - [RNTU], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, PCI, INC, BCI Approved
NAAC B
₹ 2,54,500MBA Marketing- Total FeesCompare Fees 4 / 5 Based on 58 User
Reviews
Best in Infrastructure
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#21

LNCT Group of Colleges -[LNCT], Bhopal

Bhopal, Madhya Pradesh |AICTE, MCI, UGC, NBA Approved
₹ 1,38,000MBA Finance- Total Fees 3.6 / 5 Based on 1681 User
Reviews
Best in Placements
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#22

Sri Satya Sai University of Technology & Medical Sciences - [SSSUTMS], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE, COA, PCI, BCI Approved
NAAC A++
₹ 1,00,000MBA- Total Fees 4.1 / 5 Based on 34 User
Reviews
Best in Infrastructure
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#23

Technocrats Group of Institutions, Bhopal

Bhopal, Madhya Pradesh |AICTE, PCI, BCI, UGC, NBA Approved
₹ 1,20,000MBA- Total Fees 3.9 / 5 Based on 687 User
Reviews
Best in Academics
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#24

Sarvepalli Radhakrishnan University - [SRK], Bhopal

Bhopal, Madhya Pradesh |DCI, AICTE, PCI, INC, MCI Approved
₹ 88,400MBA Logistics Management- Total Fees 3.5 / 5 Based on 21 User
Reviews
Best in Academics
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#25
₹ 1,50,000MBA- Total Fees-- 3.9 / 5 Based on 15 User
Reviews
Best in Faculty
#58th/100 in India for Management 2026
#26
NAAC A++
₹ 60,000MBA- Total Fees 3.5 / 5 Based on 63 User
Reviews
Best in Placements
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#27

VIT Bhopal University, Bhopal

Bhopal, Madhya Pradesh |AICTE, COA, UGC, MHRD Approved
NAAC A++
₹ 7,00,000MBA Human Resource Management- Total FeesCompare Fees 3.9 / 5 Based on 562 User
Reviews
Best in Faculty
#71th/120 in India for Management 2026
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#28

NRI Group of Institutions, Bhopal

Bhopal, Madhya Pradesh |AICTE, PCI, INC, BCI, NBA Approved
₹ 1,10,000MBA Banking And Finance- Total Fees 3.9 / 5 Based on 81 User
Reviews
Best in Academics
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#29

IES College of Technology - [ICOT], Bhopal

Bhopal, Madhya Pradesh |AICTE Approved
NAAC B
₹ 75,350MBA Marketing- Total Fees 4 / 5 Based on 111 User
Reviews
Best in Infrastructure
#230th/235 in India for Management 2024
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#30

Laxmipati Group of Institutions - [LGI], Bhopal

Bhopal, Madhya Pradesh |NCTE, AICTE Approved
₹ 94,200MBA- Total Fees-- 4.2 / 5 Based on 4 User
Reviews
Best in Infrastructure
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