Top MBA in Banking And Insurance Colleges in Bhopal: Fees, Admissions 2025, Placements

List of 4 Best MBA (Banking and Insurance) Colleges in Bhopal. Check out Banking and Insurance Colleges admission procedure in Bhopal and Fees, Reviews/Ratings.

List of Top 4 MBA (Banking And Insurance) Colleges in Bhopal

Bhopal, Madhya Pradesh | Ratings:
Established : 2011 | Accredited/Approved : Medical Council of India
>> Master of Business Administration Fees : Rs. 120000
Bhopal, Madhya Pradesh
| Accredited/Approved : AICTE
>> Master of Business Administration Fees : Rs. 50000
Bhopal, Madhya Pradesh | Ratings:
Established : 2011 | Accredited/Approved : AICTE / UGC
>> Master of Business Administration Fees : Rs. 104000
  • How to apply for AKS University MBA?

AKS University MBA application process is possible in online and offline methods. Students must visit the official website of AKS University. Fill out the form and pay the fee

Bhopal, Madhya Pradesh | Ratings:
Established : 1992 | Accredited/Approved : AICTE, NBA
>> Master of Business Administration Fees : Rs. 400000
  • Can I get direct MBA admissions without any entrance exam at IILM Business School Bhopal?

IILM Business School Bhopal offers PGDM which is equivalent to an MBA program. To qualify for this program, candidates must have completed their graduation from a recognized University along with C

Frequently Asked Questions (FAQs):

Top MBA Colleges in Bhopal with fee structure

Top MBA colleges of Bhopal are known for their profession of management. They provide candidates with important and valuable information on how to flourish in the management world. Below are some of the MBA colleges of Bhopal and their fees.

Colleges

Fees (per annum)

Vidyasagar Institute of Management - [VIM], Bhopal

INR 50,000

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

INR 60,000

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

INR 1,01,400

Rabindranath Tagore University - [RNTU], Bhopal

INR 60,000

Jagran Lakecity University - [JLU], Bhopal

INR 2,15,00

Barkatullah University - [BU], Bhopal

INR 40,450

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

INR 16,860

VIT Bhopal University, Bhopal

INR 3,51,500

RKDF University, Bhopal

INR 50,000

SAGE University, Bhopal

INR 60,000

LNCT University - [LNCTU], Bhopal

INR 80,000

Technocrats Institute of Technology - [TIT] (Excellence), Bhopal

INR 55,000

Sagar Institute of Science and Technology - [SISTec]

INR 1,20,000

Top 5 MBA colleges in Bhopal

There are a number of MBA colleges in Bhopal that are well known for the quality of education. They provide talented faculty and strong corporate connections. Given below are the Top 5 MBA colleges in Bhopal, along with their ownership and fees-

Name of the College

Ownership

Fees  (per annum)

LNCT University - [LNCTU], Bhopal

Private

INR 80,000

IIFM Bhopal

Government

INR INR 7,38,000

Jagran Lakecity Business School, Bhopal

Private

INR 2,15,000

Sagar Institute of Research and Technology

Private

INR 60,000

SAGE University

Private

INR 60,000

Best Placement MBA colleges in Bhopal

The quality of MBA programs offered by colleges in Bhopal has improved with time. Most of these colleges have successfully cultivated good ties with industries. They aim to offer their students hands-on experience with real-life case scenarios in business. Consequently, Bhopal has become one of the best options for aspiring MBA students who want a world-class education with an extremely high package after graduation.

Colleges

Average Package

Top Recruiters

Maharana Pratap Group of Institutes, Bhopal

INR 20,00,000

IOCL, MBT, TATA, Honey Well

Indian Institute of Forest Management - [IIFM], Bhopal

INR 10,38,000

Network for Certification and Conservation of Forests (NCCF), Spandana Sphoorty Financial Ltd, IDFC First Bank.

Radharaman Institute of Technology & Science - [RITS], Bhopal

INR 11,00,000

DRDO, TIFR

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

INR 5,00,000

Microsoft, Cognizant, Infosys

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

INR 15,60,000

 SBI Card, Reliance, Optum, Wipro

Jagran Lakecity University - [JLU], Bhopal

INR 4,50,000

Amazon, Tata Class Edge

VIT Bhopal University, Bhopal

INR 30,00,000

Microsoft, Palo Alto, Intel

RKDF University, Bhopal

INR 3,40,000

Tata Consultancy Services, Market 99, Infosys

Technocrats Institute of Technology - [TIT] (Excellence), Bhopal

INR 10,00,000

Cognizant, Capgemini, DXC, Wipro, Hexaware, TCS

Private MBA Colleges in Bhopal

Bhopal houses a variety of private MBA colleges for management aspirants. These institutions are among the strongest learning institutions. They are fully equipped with facilities and qualified teachers. MBA colleges in Bhopal in the private sector are known to provide specialized courses, flexible timings, and a sound industrial interface. Given below is the list of the private MBA colleges in Bhopal-

College Name

Fees  (per annum)

Jagran Lakecity University

INR 2,15,000

Sagar Institute of Research and Technology

INR 60,000

Institute of Professional Education and Research

INR 87,000

Rabindranath Tagore University

INR 60,000

RKDF University Bhopal

INR 50,000

SAM Global University

INR 1,74,000

Government MBA Colleges in Bhopal

MBA colleges in Bhopal are inexpensive yet of high quality. The MBA colleges affiliated with the government in Bhopal have sound academic backgrounds, academically experienced faculty, and more emphasis on the practical aspects. The table presented below has some of the government MBA colleges of Bhopal

College Name

Fees  (per annum)

Maulana Azad National Institute of Technology (MANIT)

INR 1 lakh

Barkatullah University (BU)

INR 18,22,000

Makhanlal Chaturvedi National University of Journalism and Communication

INR 62410

Sant Hirdaram Institute of Management

INR 54,000

Indian Institute of Forest Management

INR 7,38,000

What are the placements for an MBA in LNCT Bhopal?

The LNCT Bhopal has good placement records for students. It has consistently placed many students into top companies like Deloitte, TCS, Infosys, BYJU, and Just Dial. The average package is about INR 9.6LPA. Some of the other job profiles that students get include a sales executive, marketing manager, human resource executive, and management trainee.

Highest Package

1.12 crore

Average Package

9.6 L

Top Recruiters

Amazon, Deloitte, BLINKIT, CISCO, Walmart Global, Union Bank of Switzerland, ZSCALER, Deutsche Bank

Why should I consider doing an MBA from Bhopal?

The city is gaining popularity among MBA aspirants who are looking for quality education at an affordable price within the culturally rich region. Bhopal is strategically located and is experiencing industrial developments that provide both academic and real-life experiences.

  • Lower Tuition Fees: Compared with large metropolitan cities such as Mumbai, Delhi, or Bengaluru, MBA programs in Bhopal are available at comparatively lower fees. It enables students to attain further education without having to spend large amounts of money.
  • Lower Cost of Living: The high cost of living is a major challenge that students face in most cities; hence, the relatively low cost of living in this city allows students to have an affordable yet comfortable stay.
  • Diverse Industries: Bhopal's economy is very strong, and its manufacturing sector focuses on pharmaceuticals, textiles, engineering, and IT. It creates good internship, placement, and networking opportunities for students and other job seekers.
  • Industry-Relevant Curriculum: To produce MBA graduates who are relevant to the environment, most MBA programs in Bhopal incorporate the needs of the industries into the curricula offered in the institutions.
  • Reputable Institutions: Bhopal has many standard MBA colleges that offer good education and all-around training. Such institutions may include well-qualified faculty, adequate and well-equipped facilities, and strong industry linkages.

Industry Connections: Several MBA programs in Bhopal have linkages with industries, where students gain advantages such as guest lectures, industry-based projects, and mentoring.

Which are the Top MBA Colleges in Bhopal with low fees?

Bhopal also has several cheap MBA programs that still give the candidate a good education at a cheap price. These colleges are relatively inexpensive. They maintain high academic standards and provide good chances to advance in a career. This table will discuss the list of some of the best MBA colleges in Bhopal and their low fee.

College

Fees  (per annum)

Barkatullah University - [BU], Bhopal

INR 40,450

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

INR 16860

Bhabha University - [BU], Bhopal

INR 40,000

Madhyanchal Professional University - [MPU], Bhopal

INR 40,000

Bansal Institute of Science and Technology - [BIST], Bhopal

INR 40,000

Laxmipati Group of Institutions - [LGI], Bhopal

INR 45,600

Scope College of Engineering, Bhopal

INR 48,000

Sri Satya Sai College of Engineering - [SSSCE], Bhopal

INR 45,600

Vedica Institute of Technology, Bhopal

INR 48,000

Surabhi College of Engineering and Technology - [SCET], Bhopal

INR 45,600

Vidhyapeeth Institute of Science and Technology - [VIST], Bhopal

INR 25,000

Which MBA colleges in Bhopal do not have an entrance exam?

Most MBA colleges in Bhopal ask the candidate to write entrance exams such as CAT, MAT, or XAT, among others. However, there are institutions that may provide admission based on other aspects like academic achievements, work experience, or group discussions. These colleges may have prerequisites such as academic records or work experience, which would enable them to hire candidates without going through any entrance examination.

College

Fees  (per annum)

Technocrats Institute of Technology

INR 55,000

Mandsaur University

INR 72,610

IES University

INR 65,000

Sagar Institute of Research and Technology

INR 60,000

Vidyasagar Institute of Management

INR 50,000

Prestige Institute of Management Dewas

INR 1.59 L

AKS University

INR 60,000

Barkatullah University

INR 40,450

IILM Business School

INR 6.45L

Chakravarti Rajagopalachari Institute of Management

-

IPER Bhopal MBA Fees

The IPER MBA program combines rigorous, research-based instruction with business-focused skill development and a nurturing curriculum. It provides a robust learning environment with industry exposure. The program has a sophisticated, cutting-edge campus and uses the most recent instructional techniques and technologies. IPER's two-year MBA program is affiliated with Barkatullah University and is accredited by the All India Council for Technical Education (AICTE) in New Delhi.

1st  Installment

INR 53550

2nd  Installment

INR 50050

3rd  Installment

INR 50050

4th  Installment

INR 50050

What is the total number of MBA colleges in Bhopal?

In Bhopal, there are over 130+ top MBA schools. Public-private companies own two, seven are owned by public/government organizations, and 99 are privately owned.

What are the Common entrance exams for top MBA colleges in Bhopal?

Bhopal has now become the hub of MBA colleges. Potential management students have to perform well in entrance examinations to enter some of these institutions. These tests have been developed to gauge a candidate's potential for success in the field of business administration.

  • CAT (Common Admission Test)
  • MAT (Management Aptitude Test).
  • XAT (Xavier Aptitude Test)
  • CMAT (Common Management Admission Test)

ROI of doing an MBA from Bhopal?

The ROI of an MBA from Bhopal depends on factors such as the cost of the course, the popularity of the college, and the efforts made by the students. However, a rough idea of ROI can be estimated by looking at the fees and placement of college students who want to join.

College

Fees (per annum)

Average Package

Indian Institute of Forest Management - [IIFM], Bhopal

INR 7,38,000

INR 10,38,000

IES College of Technology - [ICOT], Bhopal

INR 55,000

INR 7,00,000

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

INR 60,000

INR 5,00,000

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

INR 1,01,400

INR 15,60,000

Jagran Lakecity University - [JLU], Bhopal

INR 2,15,000

INR 4,50,000

VIT Bhopal University, Bhopal

INR  3,51,500

INR 30,00,000

RKDF University, Bhopal

INR 50,000

INR 3,40,000

LNCT University - [LNCTU], Bhopal

INR 80,000

INR 9,60,000

Technocrats Institute of Technology - [TIT] (Excellence), Bhopal

INR 55,000

INR 10,00,000

Maharana Pratap Group of Institutes, Bhopal

INR 51,600

INR 20,00,000

Best MBA Colleges are accepting CMAT scores in Bhopal.

Most of the recognized colleges across Bhopal accept the CMAT scores and, therefore, allow the candidate the opportunity to have a quality education and good employment. These colleges help students develop managerial skills and enable them to achieve a successful professional life.

Colleges

Fees  (per annum)

IES College of Technology - [ICOT], Bhopal

INR 55,000

People's Institute of Management & Research - [PIMR], Bhopal

INR 70,000

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

INR 60,000

Jagran Lakecity University - [JLU], Bhopal

INR 2,15,000

VIT Bhopal University, Bhopal

INR 3,51,500

RKDF University, Bhopal

INR 50,000

Technocrats Institute of Technology - [TIT] (Excellence), Bhopal

INR 55,000

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

INR 70,000

LATEST NEWS & ARTICLES

VIT has Opened Applications for VITEEE 2025 Entrance Exam

VIT has Opened Applications for VITEEE 2025 Entrance Exam

The Vellore Institute of Technology (VIT) has started the VITEEE 2025 Online Registration. Admiss...

Read More

Gujarat Technological University (GTU) launches Online MBA Programm...

Gujarat Technological University (GTU) launches Online MBA Programme in International Business.

The Gujrat Technological University offers a two-year Online MBA in International Business. UGC h...

Read More

NTA JEE Mains 2025 Exam Date, New Guidelines - Latest Updates

NTA JEE Mains 2025 Exam Date, New Guidelines - Latest Updates

NTA JEE Main 2025 official notification and the JEE Main 2025 Exam Dates are announced. The propo...

Read More

Top 10 Upcoming Engineering Entrance Exams 2025 in India After 12th

Top 10 Upcoming Engineering Entrance Exams 2025 in India After 12th

Almost every Indian student desires to become an engineer. To get admission to Top engineering co...

Read More

NID Ahmedabad: Fees, Placements, Entrance Exam, Cutoff

NID Ahmedabad: Fees, Placements, Entrance Exam, Cutoff

NID Ahmedabad is one of the best institutes in India for design education. It was established in ...

Read More