A management aspirant has a wide array of options to pursue MBA from some of the best institutes, for example, Indian Institute of Management (Sambalpur), Birla Institute of Mgt & Technology (Bhubaneswar), International Management Institute (Bhubaneswar) etc. Bhubaneswar is a metropolitan city of East India, and it is the centre of all the economic, political and business activities. A student equipped with an MBA degree will have many employment opportunities. The following article provides information regarding top MBA colleges in Odisha their ranking, placement, cut-offs, average placement and fee structure.
Some of the parameters we used to judge these MBA colleges included:-
- Faculty Experience
- Industry Exposure
- University Collaborations
- Physical Infrastructure
- Average Package
Our industry experts with more than 20 years of experience have rated these top MBA colleges on the above factors, and this quantitative data has been then supplemented with qualitative factors such as student feedback, faculty accessibility etc. to give you one of the best B-school ranking lists available online.
MBA colleges in Odisha accepting CAT, XAT, CMAT and GMAT scores:-
- As a management aspirant, you should be aware of the list of best MBA colleges that accept CAT, XAT or GMAT scores for the final intake of students in the two-year management program.
- IIM Sambalpur was set up in the year 2015 by the Government of India. This initiative was taken keeping in mind the growing demands of the corporate world. The institute endeavours to provide action-centric research, value-based consulting and experiential learning pedagogy to its students.
- One of the top colleges to pursue MBA , Birla Institute of Management & Technology accepts CAT/MAT/XAT/GMAT/CMAT scores followed by written ability test (WAT) and personal interview ( PI). One of the best MBA colleges to pursue MBA in Odisha, it prepares students for the corporate world by exposing them to real-life situations of the business organizations. Students are benefitted when they have an interface with corporate leaders who share their experiences with them. BIMTECH provides other sectoral programs namely, PGDM (International Business), PGDM (Retail Management) & PGDM (Insurance Business Management) also.
- One of the top MBA colleges is International Management Institute (Bhubaneswar), which accepts CAT, XAT, CMAT and GMAT scores for the intake of students for enrollment to their management programs. The second step involves group discussion, extempore speaking, essay writing and personal interview for the selection of students. While designing the course for the management programme, the institution seeks advice from industry leaders so that the students get updated as regards to the current trends in the industry.
- One of the top universities to pursue MBA, Ravenshaw University (Cuttack), came into existence in the tear 2006. It has carved a niche in the education sector by pursuing academic excellence. In the year 2008, Ravenshaw achieved another milestone by establishing the Department of Business Administration envisioning excellence in the field of managerial pursuits.
- One of the top MBA universities to pursue management is Sri Sri University (Cuttack). It accepts CAT/MAT/XAT/GMAT/NMAT/SNAP/CMAT scores for the intake of students for enrollment to the management programs. It provides MBA in two other fields namely, agri-business management and entrepreneurship.
Odisha – Preferred state to pursue Management Programs (MBA)
Let’s have a look at the reasons:-
- Epicenter for various business activities:-
- After economic liberalization, Bhubaneswar has received investments from many industrial organizations like IT, telecommunications and education sector.
- The growth of this state can also be attributed to companies like Reliance Energy, Satyam, Infosys, SAIL, Tata Steel, to name a few, which have invested in Bhubaneswar.
- Due to this reason, Bhubaneswar has become an important trading and commercial hub in Odisha. It has a robust infrastructure and excellent connectivity to the other major northeastern cities.
- An added advantage to Cuttack is that Paradip Port is just 87 km away from Cuttack. Another prominent firm known as the OSL group (Stevedore Firm) has headquarters in Cuttack. This city is a major centre for various business operations as it serves a nodal point of trade and transport.
- Immense career opportunities for Management students:-
- Bhubaneswar is a metropolitan city of east India, and it is the centre of all the economic, political and business activities.
- In the year 2014, the World Bank ranked Bhubaneswar as the best place to do business in India. The economic growth of this city can be attributed to the IT parks (Infocity-1, Info valley , Software Technology Parks) developed by the government of India. Several industries which include information technology (IT) and electronics, pharmaceuticals, steel, mining, minerals, cement, paper, textile have their offices in Bhubaneswar which has further lured many qualified professionals to this city.
- The economy of Cuttack is mainly agrarian. Another contributor to the economy of this city is Prawn culture. The industrial sector is robust and one of the oldest sector in Odisha. Many skill-based medium and small scale industries are running their operations in the Jagatpur. Other areas of importance are Choudwar, which is better known for Ferroalloys and Athagarh known for handloom works. Major industries including steel, power, automobile, alloys, fireclay etc. have their industrial operations in Cuttack.
Let’s have a look at the fee structure and the average salary structure of various colleges:-
MBA colleges in Odisha - Fee structure and average salary (subject to revision):-
|
Name of Colleges
|
Fee Structure
|
Avg. Placement Salary
|
|
Indian Institute of Management, Sambalpur
|
10LPA (approx.)
|
Rs 11.33 LPA
|
|
Birla Institute of Mgt & Technology, Bhubaneswar
|
Rs. 11,50,000 (total fees)
|
Rs 8.14 LPA
|
|
International Management Institute, Bhubaneswar
|
Rs 10,98,000 (total fees)
|
Rs 7.15 LPA
|
|
Ravenshaw University (Dept. of Mgt. Studies), Cuttack
|
Rs. 49,000 (annual fees)
|
Rs 2.5 LPA (approx.)
|
|
Sri Sri University, Cuttack
|
Rs 6,60,000 (total fees)
|
Rs 7.15 LPA
|
The best business colleges in India are the ones which offer management education that keeps pace with Global MBA environment. The management colleges should have either been accredited with one or more international accreditations or should be in the process of being awarded with it. These top colleges have a unique pedagogy and highly qualified faculty; the students at the best MBA colleges in India get consistently higher average placements year after year as they become industry ready.
The top ranking MBA colleges include not only the Indian Institutes of Management (IIMs) but also some of the other university-affiliated and private MBA colleges which are doing much better than many of the newer IIMs. The best MBA colleges and a number of IIMs have a similar fee structure, but some of the newer IIMs placements, IIM Admission process and the IIMs average salary in placement tend to lag behind in a number of these best MBA colleges. This exhaustive list of top colleges to pursue your management education from has been compiled after comprehensive research of MBA universities and colleges by our panel of experts.
Conclusion:-
Therefore, we recommend that first analyze as to what are the parameters which are important for you and then decide the college which caters to these parameters. Most importantly, you have to give in 100% to achieve your goal. All the best !!!
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