Top MBA colleges in Bhopal-NCR: Fees, Placement, Cutoff

  • By Kirti Yadav
  • 16 November 2021
mba colleges in bhopal

Top MBA colleges in Bhopal-NCR: Fees, Placement, Cutoff

The renowned city of Bhopal, also known as the 'city of the lakes' throughout the country, is two cities in one. The historic section of the city is brilliantly lit up with several mosques that can be located on the little alleyways crammed with the locals chirping and hustling their day away. The city's other side is best known for housing two of the city's most prominent lakes, both of which were discovered years ago. This side, unlike the older side, is all about modernity.

Top mba colleges in bhopal
Image Source: Pinterest

Apart from its lakes and history, Bhopal is also known for providing high quality higher education in a plethora of fields. Colleges and institutes in Bhopal are known for their high standards in providing quality education. Moreover, many businesses have been competing in recent years to take advantage of the abundant commercial opportunities in Bhopal. Many new business venues are being built, earning Bhopal the title of India's fastest-growing metropolis. This has made the city of Bhopal a good option for MBA graduates for education as well as career growth.

The Purpose of Doing an MBA

The MBA program's goal is to educate and prepare a diverse group of people with the knowledge, analytical ability, and management perspectives and skills needed to lead organisations in a world marked by increasing workforce diversity, rapid technological change, and a fiercely competitive global marketplace.

Students who complete an MBA program will be able to:

  • Conduct a thorough literature search on international business administration utilising both print and online bibliographical resources.
  • Discuss current conceptual and theoretical frameworks in international business administration, as well as difficulties and concerns.
  • Describe contemporary international business administration practises, difficulties, and concerns.
  • Apply contemporary business practices to international business management.
  • Understand how substantial variances in business practises in different parts of the world affect the management of organisations in different countries.
  • Examine and analyse business methods in a variety of countries around the world in order to have a better understanding of them.

MBA programs are designed to prepare students for management and leadership positions in the business and public sectors. Students get a broad understanding of business concepts, the global context in which they will work, and the analytical tools needed to make informed decisions. Given the enticing learnings up for grabs in an MBA program, it is very crucial to choose the right institution for your education to yield results. Here are our top picks from the city of Bhopal to make your search easier and fruitful!

Top MBA Colleges in Bhopal

Indian Institute of Forest Management

The Indian Institute of Forest Management was founded in 1982 as a public, autonomous sectoral management institute in Bhopal, Madhya Pradesh. The Ministry of Human Resource Development has ranked the institute 8th in the country, 53 in Outlook 2020 for MBA/PGDM, and 51-75 in NIRF 2020 for MBA/PGDM. The Indian Institute of Forest Management provides its students with all of the necessary amenities, including a canteen, library, sports complex, gym, well-equipped labs, and separate dorms for boys and females.

Top mba colleges in bhopal_IIFM
IIFM
Image Source: College Dunia

  • Fee Structure: 5.24L
  • Exam Accepted: XAT
  • Average Placement Salary: 7.5LPA
  • Nearby Hangouts: Where's the food cafe, The tea town, Chaccus Cafe, The Young Mugs Cafe
  • Contact Number: 0755 277 5716
  • Address: 357, Bhadbhada Road, Nehru Nagar, Bhopal, Madhya Pradesh 462003 (Get Directions)

People's University, Sunstone

People's University was founded in Bhopal, Madhya Pradesh, in 2011. It is India's largest single-campus university, with a campus area of 70 acres. MBBS, MD, BDS, MDS, BSc (Nursing), MSc (Nursing), BPharm, BTech, MTech, BBA, and MBA, among other UG and PG courses, are offered by the University's 11 institutes. IT Enabled Campus, Libraries, Auditorium, Stadium, Gymnasium, Medical/Dental Hospital, and ATM are all part of the university. People's University has received a grade of B from the NAAC.

Top mba colleges in bhopal_people's university
People's University
Image Source: College Dunia

  • Fee Structure: 1.25L+10x gross monthly salary
  • Exam Accepted: CAT
  • Average Placement Salary: 4.5LPA
  • Nearby Hangouts: Nescafe Corner, TFC Cafe, Bite and Burp Cafe, Teaholics Cafe
  • Contact Number: +91- 755- 4005203
  • Address: Peoples Campus, Bhanpur, Bhopal, Madhya Pradesh 462037 (Get Directions)

*Note: Sunstone offers its pay after placement and money-back guarantee MBA/PGDM programs in partnership with 23+ campuses in 18 different cities. Click here to know more.

After getting placed, the student has to pay 10x their gross monthly salary with a cap of 6L total fee including the registration fee.

Mansarovar Global University

Established in 2018 by Sri Sai Gramothan Samiti, Mansarovar Global University is a private university located at Bilkisganj Sehore, Madhya Pradesh. It is one of the constituent universities which falls under the umbrella of the Mansarovar Group of Institutions. The faculty at Mansarovar Global University organises various events on an annual basis such as moot-court, debate, extempore, presentations, quizzes and many more to bring out the competitive spirit among the students. The university offers scholarships to meritorious students under several categories.

Top mba colleges in bhopal_mansarovar global university
Mansarovar Global University
Image Source: Tuugo

  • Fee Structure: 2.0L
  • Exam Accepted:
  • Average Placement Salary: 5LPA
  • Nearby Hangouts: Shubham's Cafe, Instagaram Cafe, Sukoon Cafe, Cafe Coffee Day
  • Contact Number: 089890 80809
  • Address:  Village Gadia and, Ratnakhedi, Madhya Pradesh 466111 (Get Directions)

IES University

The Master of Business Administration is a full-time, two-year programme offered by Barkatullah University in Bhopal and accredited by the All India Council for Technical Education. Finance, Marketing, and Human Resources are MBA specialisations.

The IES Group of Institutions, Bhopal, has been in the field of education since 1999 and is one of Central India's most famous educational institutions, offering education from nursery to doctoral level. The group has two campuses, one in Bhopal that is spread out over 50 acres and the other in Sehore.

Top mba colleges in bhopal_IES university
IES University
Image Source: College Dunia

  • Fee Structure: 65K (For 1st Year)
  • Exam Accepted: Direct Admission
  • Average Placement Salary: 3LPA
  • Nearby Hangouts: Indian Coffee House, Cafe Coffee Day, Cafe Tea Studio, Bake-n-shake
  • Contact Number: 092292 51422
  • Address: Ratibad, Main Rd, Bhopal, Madhya Pradesh 462044 (Get Directions)

Sagar Institute of Research and Technology

The Sagar Institute of Research and Technology (SIRT) in Bhopal, Madhya Pradesh, was founded in 2003. SIRT is AICTE-approved, NBA-accredited, and connected with Barkatullah University (BU Bhopal). It is the first institute of the Sagar Group of Institutions (SGI) in Bhopal to be ISO 9001:2008 certified. SIRT, SIRT-S, SIRT-E, and SIRT-Indore are SGI's four sister institutes, each offering over 25 courses. In 2017, it founded the SAGE University in Indore, and in 2020, it established the SAGE University in Bhopal.

Top mba colleges in bhopal_Sagar Institute of Research and Technology
Sagar Institute of Research and Technology
Image Source: Shiksha

  • Fee Structure: 56K (Fot 1st Year)
  • Exam Accepted: CMAT
  • Average Placement Salary:
  • Nearby Hangouts: Seven Brew and Bistro, States Tea Corner, Chimes Bistro Cafe, Tea Friends Cafe
  • Contact Number: 0755 498 3100
  • Address: Ayodhya Bypass Rd, Opposite, K-Sector, Minal Residency, Bhopal, Madhya Pradesh 462041 (Get Directions)

Vidyasagar Institute of Management

Madhya Pradesh is home to Vidyasagar Institute of Management. In the year 1997, the educational institution was founded. Rajiv Gandhi Proudyogiki Vishwavidyalaya, Bhopal, was the college's affiliation. The India Council for Technical Education has approved it (AICTE).

MBA in Management is offered at Vidyasagar Institute of Management. The college includes a well-developed infrastructure and amenities, including a computer lab, an auditorium, and sports facilities, among others. Faculty members at the college are well-trained and experienced.

Top mba colleges in  bhopal_Vidyasagar Institute of Management
Vidyasagar Institute of Management
Image Source: Careers 360

  • Fee Structure: 43K (For 1st Year)
  • Exam Accepted: CMAT
  • Average Placement Salary:
  • Nearby Hangouts: Cafe 1947, The Cafe Daily Dose, Friendship Cafe, The Villagians Cafe
  • Contact Number: 0755 262 1718
  • Address: Bhel, near Awadhpuri, Awadhpuri, Bhopal, Madhya Pradesh 462022 (Get Direcions)

Jagran Lakecity Business School

JLU prides itself on being Central India's only international university. Its emphasis is still on application-oriented education. Its goal is to produce managers, entrepreneurs, and leaders who are socially and morally conscientious. In 2013, the M.P. Private Higher Education Act allowed for the establishment of this university, which was one of the first in the state. The proponents were adamant that only university status would provide them the ability to design, improve, and implement curriculum and pedagogies that would enable them achieve higher standards.

Top mba colles in bhopal_Jagran Lakecity Business School
Jagran Lakecity Business School
Image Source: World Orgs

  • Fee Structure: 1.75L (For 1st Year)
  • Exam Accepted: CAT
  • Average Placement Salary: 5LPA
  • Nearby Hangouts: Eagles Cafe, The Skull Cafe, E Cafe, Flop Shop Cafe
  • Contact Number: 0755 6611100
  • Address: B-1, Awadhpuri, Kundan Nagar, Deep Nagar, Khajurikala, Bhopal, Madhya Pradesh 462022 (Get Directions)

Sage University

The Conglomerate corporate group of Central India has over 15 years of expertise in the education industry with Sagar Institute of Research and Technology. The AICTE and the UGC have recognised SAGE University in Bhopal as a private university. Shri Agrawal Educational Public Trust manages the institution, which also has a campus in Indore, Madhya Pradesh. Engineering, Science, and Management courses are well-known at the university.

Top mba colleges in bhopal_sage university
Sage University
Image Source: Sage Uni

  • Fee Structure: 95K (For 1st Year)
  • Exam Accepted: Direct Admission
  • Average Placement Salary: 3.6LPA
  • Nearby Hangouts: The Beans Cafe, Cafe Desire, Bethak Cafe, Om's Cafe
  • Contact Number: 0755 661 4400
  • Address: Sahara Bypass Road, Katara Hills, Extension, Bhopal, Madhya Pradesh 462022 (Get Directions)

Rabindranath Tagore University

In Bhopal, Madhya Pradesh, Rabindranath Tagore University (RNTU) is a private higher education institution. It is a member of the prestigious AISECT Group of Universities, having been founded in 2010. The University Grants Commission recognises it under Section 2(f), as well as the All India Council for Technical Education and the National Council for Teacher Education. The NAAC has given the university a grade of B. Aside from that, the Bar Council of India (BCI) and the Association of Indian Universities have also authorised RNTU (AIU).

Top mba colleges in bhopal_Rabindranath Tagore University
Rabindranath Tagore University
Image Source: rntu.ac.in

  • Fee Structure: 50K (For 1st Year)
  • Exam Accepted: CAT
  • Average Placement Salary: 1.4LPA
  • Nearby Hangouts: Antique Tea Stall, Mateshwari Cafe, Kerala House, Cafe RNTU
  • Contact Number: 0755 270 0447
  • Address: Mendua , Post: Bhojpur Near Bangrasiya Chouraha, Chiklod Road, Bhopal, Madhya Pradesh 464993 (Get Directions)

LNCT University

LNCT Institution, often known as LNCTU, is a private university founded in 2015 in Bhopal, Madhya Pradesh's capital. The university is a member of the LNCT Group and is recognised by the UGC. It is accredited by the Medical Council of India (MCI), the Indian Council of Agricultural Research (ICAR), and the Pharmacy Council of India. It is a member of the Association of Indian Universities (AIU) (PCI). India ranked LNCTU 63rd for Medical in 2021.

Top mba colleges in bhopal_LNCT University
LNCT University
Image Source: lnct.ac.in

  • Fee Structure: 80K (For 1st Year)
  • Exam Accepted: Direct Admission
  • Average Placement Salary: 5LPA
  • Nearby Hangouts: Cafe Bells and Peppers, The 30ml Cafe, Pubg Cafe, Monkey's Cafe and Grill
  • Contact Number: 074407 77222
  • Address: Kolar Rd, Sarvadharam C Sector, Shirdipuram, Sarvadharam, Bhopal, Madhya Pradesh 462042 (Get Directions)

Career Scope for MBA Graduates in Bhopal

Bhopal is a hotspot for trade and commerce, with a population of almost two million people and a stable political climate. This position is strengthened by a high literacy rate and an ever-expanding urban catchment area, all of which contribute to Bhopal's diverse investment potential.

Today, Bhopal is a bustling metropolis with a booming economy. Bhopal has an abundance of business prospects that may be found in every nook and cranny of the city. Anything to do with commerce in Bhopal is gaining traction, whether it's a high-end hookah bar for a niche clientele or a multimillion-dollar mall construction project for the masses. Hence, it presents a plethora of opportunities for MBA graduates.

Cost of Living in Bhopal

The average cost of living in Bhopal is INR 5K. Bhopal is one of India's most livable, secure, and affordable cities. Bhopal's cost of living is up to 19% lower than Indore and India's metro cities.

Category Cost (monthly) in Rs.
Rent 3,000
Transportation 600
Food and Utilties 2,000

MBA Colleges in Bhopal with Direct Admission

  • VNS Group of Institutions
  • Makhanlal Chaturvedi Rashtriya Patrakarita Vishwavidyalaya
  • VIP College of Management
  • Sagar Institute of Research and Technology
  • Bhabha Engineering Research Institute
  • Trinity Institute of Technology and Research

Summing-Up

All of the top MBA colleges in Bhopal mentioned above have a placement-oriented strategy that allows students to focus on practical and theoretical training.
Sunstone is based on the same principles, emphasising placements through partnerships with top universities across the country. The pay after placement technique ensures that knowledge is accurately turned into results by asking students to pay only after they have been placed. The fee is determined by their total monthly salary. This relieves them of a financial burden while also motivating them to meet their goals

What are the top MBA colleges in Bhopal, placement-wise?

1. Mansarovar Global University
2. Indian Institute of Forest Management
3. LNCT University
4. Jagran Lakecity Business School
5. People's University, Sunstone

What are the good tourist spots in Bhopal?

1. Van Vihar National Park
2. Taj Ul Masjid
3. Upper Lake
4. Shaukat Mahal
5. Bharat Bhawan

Where can I find Low-cost PGs in Bhopal?

1. Shiv PG Home
2. SS PG Homestay
3. Happy PG Homes
4. The Bed Box Co-living spaces

Is Bhopal cheap to live in?

Yes, the average cost to live in Bhopal is 5K per month.

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