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Top MBA Colleges in Bhopal 2024

Management courses have been popular for a long time in India. But the importance and application of this knowledge took some time to settle in. As a developing nation, we faced many challenges in creating overall independence in the way we manage our businesses and organizations. In this struggle, it became important to educate people about management and leadership skills. This introduced many reputed and high ranked MBA colleges in India that, to this day, provide the best education possible in the field of management.

There are a number of specializations that are offered today in these colleges. Candidates desiring to pursue a career in this field today have many options to choose from. All these specializations provide a variety of jobs and scope in different sectors of this domain. 

Management courses such as MBA and PGDM are also offered in the top management colleges of Bhopal. There are some government and private MBA colleges in Bhopal which the candidates can look for as per their requirements. In this article, information regarding these colleges, fee structure, ranking, and other is included.

Top MBA/PGDM Colleges in Bhopal (based on NIRF 2020 ranking)

National Institutional Ranking Framework is an online government portal that provides ranking and scores of all the institutions of India. It was launched by the MHRD (Ministry of Human Resource and Development). The ranking is listed with essential parameters such as Institute ID, Name, Score, City, State, and Ranking. Below is the list of the top MBA/PGDM colleges in Bhopal and their ranking: -

Name of the college 

NIRF Ranking 2020

Score

Indian Institute of Forest Management

62

44.26


Top MBA/PGDM Colleges in Bhopal (based on Careers360 ranking)

Careers360 is a website containing information about the colleges of India; the courses offered, fee structure, placement, facilities, and admission process. It also provides a ranking of the colleges, which makes it easy for the candidates to finalize the college of their choice. The search is also made easy with the filters such as location, course, ownership, and entrance exam. Below is the list of some best MBA colleges in Bhopal according to their ranking by Careers360: -

Name of the college 

Careers360 ranking

Indian Institute of Forest Management, Bhopal

AAAA

Jagran Lakecity Business School, Bhopal

AAA

Laxmi Narayan College of Technology, Bhopal

AA

IES College of Technology

A+


Top MBA/PGDM Colleges in Bhopal (Fees-wise)

Fee structure is an important factor to consider before taking admission in any course. Private and government colleges have different fee structures. If the candidate’s budget is not too high, we can go for government colleges or look for scholarship structure in the private colleges and prepare accordingly. Below is the list of top MBA/PGDM colleges in Bhopal (private and public): -

Private Colleges’ Names    

Course Fee in lakhs

Laxmi Narayan College of Technology, Bhopal

Rs. 1.20 lakhs (MBA)

Jagran Lakecity Business School, Bhopal

Rs.3.50 lakhs (MBA)

Sagar Institute of Science and Technology

Rs.1.28 lakhs (MBA)

IES College of Technology

Rs.1.10 lakhs (MBA)

Institute of Professional Education Research, Bhopal

Rs. 1.99 lakhs (PGDM)

Rs. 1.80 lakhs (MBA)

Bhabha Institute of Management, Bhopal

Rs. 1 lakh (PGDM)


Names of Public Colleges

Course Fee (in Rs.)

Maulana Azad National Institute of Technology, Bhopal

Rs.2.83 lakhs (MBA)

Madhya Pradesh Bhoj Open University, Bhopal

Rs. 0.33 lakhs (MBA)

Rs. 0.09 lakhs (PGDM)

Indian institute of Forest Management, Bhopal

Rs. 6.24 lakhs (PGDM)

Institute of Cooperative Management, Bhopal

Rs. 0.67 lakhs

National Institute of Technical Teachers Training and Research, Bhopal

Rs. 0.66 lakhs


Admission Process for MBA/PGDM Colleges in Bhopal 

For admissions in MBA & PGDM, there are certain eligibility criteria which every candidate has to fulfil. These are:


    • Completion of 10+2 education with any stream from a recognized university/board with an aggregate of at least 50% marks.

    • Graduation in any stream from a recognized or affiliated university. 

    • Must clear national or state level entrance exams according to the requirement of the college. These exams are CAT, XAT, CMAT, MAT etc.

Most popular MBA/PGDM Streams

There are a variety of streams and specializations to choose from in these two fields. Some of them are: -

  1. Tourism and Hospitality Management

This program offers students with knowledge of the tourism industry and various sectors that operate within. This program requires students to be outgoing, adjustable, and friendly. Throughout this program, students learn the basics regarding hospitality, tourism planning and management, tourism marketing, business ethics, managerial economics, accounting, and finance. The students after pursuing this specialization course are eligible to work for private and public travel agencies, hotels, transportation departments etc. The job profiles that are offered to the students such as Travel Agent, Hotel Manager, Reservationist, Hotel Receptionist, Guest Relations Manager, Event Planner, Food and Beverage Manager, Lodging Manager, Sales and Marketing Manager etc.

The colleges offering this course in Bhopal are: -

  1. General Management

The course of General Management offers students with an overall knowledge of the subjects of management. Unlike other specializations, the course focuses on the basics of organizational and business ethics as a whole, accounting and economics, communication skills, human resource management, operations management, decision-making capabilities, leadership building, business communication, marketing research, corporate governance, sales management, industrial relations management etc. This program is beneficial for the students who are not sure about which industry or sector they want to work in. The job opportunities are equally good after this program as in any other specialization. After pursuing this course, there are many PG Diploma specializations that a student can choose from to broaden their career prospect. 

The colleges offering General Management in Bhopal are listed below: -

  1. Finance and Marketing

The program in finance and marketing is quite common among students looking for specialization in management. It focuses on providing knowledge in the areas of economics, numerical, marketing principles, human resource management, business communication, financial accounting, sales and distribution, research in marketing trends, management accounting etc. The job options for the candidates are innumerable in this specialization such as Business Analyst, research analyst, Sales Manager, Product manager, management Consultant, Investment Banker, Finance Advisor etc.

The college in Bhopal that provides this course is given below: -

How to select the best MBA/PGDM College in Bhopal? 

There are some useful methods that can be applied in the process of selecting the top MBA/PGDM College in Bhopal. A candidate should first do his own research on the internet. There are many websites that provide the list of colleges and their rankings on different parameters. In case of doubts, the student should contact the college asking for any details that he wants. Further, students can take the help of the faculty of the college from where he did his graduation. The faculty is knowledgeable in these areas, and they also have contacts to help students look for the best colleges. A candidate should also seek help from a career counsellor or any professional who can help with the same.


Frequently Asked Questions

Q. 1. What courses in management are offered in IIFM College, Bhopal and what is the fee structure?

IIFM or Institute of Forest management offers PGDM courses in Forestry Management and Sustainability Management. The fee for both the courses is 6.24 lakhs. 

Q. 2. What skills are required to make a career in management?

The aspirants of management are required to have good communication skills, leadership qualities, quantitative aptitude, logical reasoning, ability to manage challenging situations and a friendly attitude.

Q. 3. What are the different entrance exams for admission in MBA/PGDM courses?

There are national and state-level entrance exams that are conducted for admissions in these courses such as CAT, CMAT, MAT, XAT, GMAT and ATMA. Each college taking admissions on the basis of these exams have different cut off scores.

Q. 4.  What are the specializations in MBA/PGDM in Colleges of Bhopal?

The specializations are General Management, Financial Services, Marketing Management, Agriculture Business Management, Hospital Administration, Hospitality Management, Information Technology, Logistics and Supply Chain Management, Media Management, Banking, Travel & Tourism and Disaster Management.

Q. 5. Is there any Distance learning university in Bhopal, and what courses they offer in management?

Madhya Pradesh Bhoj University is an open university. They have MBAs in General Management, International Business and Material Management. They also have a PGDM course.

Q. 6. What is the difference between a general management course and specialized management?

General management focuses on knowledge in the field of management as a whole. It provides students with learning in basic management subjects that are required in every sector. Whereas specialization management specifically focuses on one stream along with other management subjects. This option is useful for those who want to have a career in a specific sector.

Q. 7. What is the salary package after pursuing MBA/PGDM?

The salary package largely depends on the college from which the candidate has pursued these courses. In the top colleges such as IIMs, it ranges from 15- 30 lakhs and more. In other colleges, fresh graduates might be placed with a package starting from 2-10 lakhs annually.

Q. 8. Which sectors hire candidates with specialization in marketing?

There are many sectors, such as Business marketing, Advertising marketing, retailing management, product management, Analytics department.

Q. 9. What is the salary of HR managers?

The salary of HR managers ranges from Rs. 6-10 lakhs annually.

Q. 10. What are recruiters there for an international business field?

Accenture, JP Morgan, Capgemini, Amazon, KPMG, HSBC, Deloitte are some of the recruiters in the field of International Business.

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IIFM Bhopal - Indian Institute of Forest Management, Bhopal

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