List of MBA Colleges in Patna Based on 2024 Ranking

Top MBA colleges in Patna include Chandragupt Institute of Management, DMI Patna, ISM Patna, etc. These colleges charge very low fees compared to other top colleges in India and offer satisfactory placements.

  • There are 27 MBA colleges in Patna, including 25 private and 2 government. These colleges offer MBA courses in 12 different substreams.
  • Admissions are done through merit and top entrance exams. Check the Admission Process for MBA at Patna University.
  • The average fees in these colleges are INR 1-2 lakh per annum and the average placement varies from INR 3 lakh to INR 5 lakh.
  • These colleges offer both degree and diploma courses in full-time, part-time, as well as distance education modes. Check the Top MBA Colleges in India

Top MBA Colleges in Patna: Rankings

Multiple ranking agencies release the list of top colleges in India based on various criteria including Faculty Quality in the university/college, Placement Reports, Exam Patterns followed by the university, etc. Many agencies also include parameters like Perception of the university and Gender Diversity in the institute.

These lists are released for different categories including city-wise, state-wise, stream-wise, etc. Some of the popular streams for which rankings are generated every year are Engineering, Management, Law, Pharmacy, Architecture, etc. Ranking agencies like NIRF, Business Today, and Times B School release rankings like Top MBA Colleges in Bangalore every year. Given below are some of the rankings released for top MBA colleges in Patna.

Top MBA Colleges in Patna with NIRF Ranking

National Institutional Ranking Framework also known as NIRF is a methodology adopted by the Indian government to rank top Education institutions in India. NIRF ranks an Institute based on 5 different parameters. It is under the Ministry of Education. Every year NIRF publishes ranking lists of top Institutions in India for 8 different domains. NIRF is the most trustworthy and popular Ranking agency in India. 

As mentioned above NIRF ranks a college based on 5 major parameters which carry different weightage to get a ranking. The following chart shows the weightage allocated to different parameters considered by NIRF for ranking top colleges in India.

NIRF Ranking Parameters Weightage

Chandragupt Institute of Management is the only college in Patna that has been ranked by NIRF Ranking.

NIRF Ranking 2022 College Name NIRF Score
102 - 125 Chandragupt Institute of Management -

Top MBA Colleges in Patna with Times B School Ranking

The Times B-School Survey has also mentioned only the International School of Management [ISM], Patna in its ranking list.

  • ISM Patna has secured the 52nd rank among all the top MBA colleges in India.
  • The first rank has been secured by IIM Kozhikode.
  • Premier MBA colleges like IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and ISB Hyderabad didn’t participate in this survey.

Top MBA Colleges in Patna with Fee Structure

Patna houses some of the best colleges which are also not very expensive when it comes to MBA education. The following table lists the top MBA colleges in Patna with fee structures.

College Name Average Annual Fee Course Offered
Indian Institute of Business Management [IIBM] INR 1,43,000 PGDM
LNMI Patna INR 1,86,000 MBA
Anugrah Narayan College INR 80,000 MBA
CIMP Patna INR 3,40,000 PGDM/FPM
Amity University INR 2,66,000 MBA
Patna University INR 54,000 MBA/PGDM
Nalanda Open University INR 5,500 PGDM
International School of Management [ISM] INR 1,85,000 PGPM/PGDM
Dr. C.V. Raman University INR 35,000 MBA
JD Women’s College INR 80,000 MBA

There is not much variation in fees when it comes to choosing the best private and government MBA colleges in Patna. To know more about these colleges and affiliations according to their type, go through the 2 links below.

Top MBA Colleges in Patna: Cutoff

Not many colleges in Patna release the cutoff lists for admissions in their MBA programs. Chandragupt Institute of Management (CIMP), Patna is one institute that accepts the score of CAT and CMAT and also releases cutoff lists for students. Given below are the CIMP Patna Cutoff 2022 details.

Exam Name Cutoff
CMAT 80
CAT (PGDM Finance) 75
CAT (PGDM Marketing) 57

Top Private MBA Colleges in Patna

Tabulated below is the list of top Private MBA colleges in Patna along with their fee structure.

Name of the College Course Fee (INR)
Amity University 2.66 LPA
BIT Mesra 5.89 LPA
IIBM 80,000 – 2.76 LPA
JD Women’s College (JDWC) 70,000
RP Sharma Institute of Technology 1 LPA

Government MBA Colleges in Patna

Tabulated below is the list of Government MBA colleges in Patna along with their fee structure.

Name of the College Course Fee (INR)
Footwear Design and Development Institute (FDDI) 5.18 LPA
Chandragupt Institute of Management 7.65 LPA
LN Mishra Institute of Economic Development and Social Change 1.12 LPA – 1.6 LPA
Patna University 90,000 – 1.09 LPA
Nalanda College 1 LPA

Top MBA Colleges in Patna: Admission Process

There are a total of 22 MBA colleges in Patna, out of which 14 are private and 8 are public. The following graph shows their ratio in a better way.

Top MBA Colleges in Patna Breakup

Source: Official Survey

Admissions are done in these colleges based on scores secured in the top MBA entrance exams. Some of such national-level MBA exams are CAT, NMAT, ATMA, and CMAT. The table below lists these top entrance exams and the number of top MBA colleges in Patna accepting their score.

Exam Name No. of Colleges Accepting Score
CAT 7
MAT 7
CMAT 6
XAT 6
ATMA 2
NMAT 1
FDDI AIST 1
  • Major MBA admission criteria include Entrance Exam, Group Discussion (GD), and Personal Interview (PI).
  • Some institutes also conduct their rounds of Written Ability Tests (WAT) and other tests to check communication and presentation skills.
  • Generally, 60-65% weightage is given to the entrance exam, 20-25% to the GD and PI, and the remaining 15-20% to the past academic records and other miscellaneous test rounds.

International School of Management [ISM], Patna

The International School of Management [ISM], Patna is the sole MBA college in Patna that has been ranked by any ranking agency among the top MBA colleges in India.

  • The institute offers a 2-year full-time PGDM course in 4 specializations: Marketing; Finance; Human resources; IS/IT;
  • ISM Patna’s PGDM course is divided into 6 trimesters with a total of 114 credits.
  • Out of these, 3 credits are for the summer internship done by the students in the break between the 2 years.
  • In the second year, students get to choose electives from all 4 specializations.

The institute has completed its placements session. The following chart shows the placement percentage as per the different specializations for ISM Patna’s Summer Placements.

ISM Patna Placements

Source: ISM Patna Official Website

CIMP Patna

CIMP Patna or Chandragupt Institute of Management, Patna offers students a 2-year full-time PGDM program.

  • The institute’s program is approved by AICTE and accreditated by the NBA.
  • CIMP Patna also conducts student exchange programs. Currently, 2 students from Stockholm, Sweden are practicing here.
  • The application form fee is INR 500 for general category students and INR 250 for students belonging to Scheduled Castes (SC), Scheduled Tribes (ST), Backward Classes (BC), and those who are Differently Abled (DA).

The following chart shows the weightage division for the different components involved in the selection process.

CIMP Patna Admission Criteria

Source: CIMP Patna Official Website

CIMP Patna has completed its placement season. The top recruiters who participated are listed below.

Coca-Cola ITC HDFC Bank
ICICI Bank Airtel Amul
HT Media Bandhan Bank KPMG
Voonik Zomato The Outlook Group

Top MBA Colleges in Patna: Entrance Exam Wise

Admissions to these 22 top MBA colleges in Patna are done through national-level management exams only. These include CAT, XAT, ATMA, and NMAT. Bihar does not conduct any state-level entrance exam for admission in MBA/PGDM courses. Mentioned below are some of these colleges in the city categorized according to the entrance exam score they accept and the entrance exam scores they don’t accept.

Top MBA Colleges in Patna Accepting CAT Score

CAT is one of the most popular National level MBA entrance tests and is conducted every year by top IIMs. CAT 2023 registration will begin in the first week of August 2023. Candidates with a bachelor’s degree in any discipline from a recognized university will be able to apply for CAT 2023 till the third week of September 2023. CAT 2023 exam will be conducted in 3 slots on November 26, 2023, likely by either IIM Lucknow or IIM Calcutta.

The top MBA colleges in Patna accepting CAT scores have been listed below.

  • International School of Management [ISM], Patna
  • Amity University, Patna
  • Chandragupt Institute of Management [CIMP], Patna
  • Indian Institute of Business Management [IIBM], Patna

Top MBA Colleges in Patna Accepting MAT Score

MAT or Management Aptitude Test is conducted by AIMA (All India Management Association) for admissions to top B schools in India.

  • The exam is conducted 4 times a year February, May, September, and December.
  • More than 600 top MBA colleges in India accept the score of the MAT exam.
  • MAT has 200 questions of 1 mark each. The total exam duration is 2 hours and 30 minutes.
  • The exam is conducted in both Pen-Paper mode and Online Computer Mode.

Following are some of the top MBA colleges in Patna accepting MAT scores.

  • Indian Institute of Business Management [IIBM], Patna
  • International School of Management [ISM], Patna
  • Lalit Narayan Mishra Institute of Economic Development and Social Change [LNMI], Patna
  • Catalyst Institute of Management and Advance Global Excellence [CIMAGE], Patna

Also, Check,

Top MBA Colleges in Patna: Placement Wise

The placements season has finished in every institute, many colleges would have completed their placement also, if not for Coronavirus. Many colleges have also achieved huge packages for summer placements this year. The top MBA colleges in Patna have witnessed the arrival of some of the best management recruiters from the country this year.

  • An average college registers 100+ offers for 1 batch.
  • The average MBA package in these institutes remains around INR 5-7 lakh.

The below graph shows the CTC offered in top MBA colleges in Patna.

Top MBA Colleges in Patna Placements

Source: Official Institute Websites

The top recruiters in these companies include:

ITC

Airtel

Gartner

Amazon

Capgemini

CISCO

Bandhan Bank

Morgan Stanley

BYJU’s

Barclays Capital

McKinsey & Company

HDFC

ICICI Bank

Accenture Strategy

J P Morgan

Placements depend a lot upon the stream you choose. So, check the best colleges stream-wise by clicking on the links below.

Top MBA Marketing Colleges in Patna

Marketing is an evergreen field and employs the highest number of MBA graduates. Out of all the recruiters visiting a particular campus, more than 60% are from the marketing field. India’s marketing sector is also the 2nd fastest-growing market in Asia. So, check these top MBA colleges in Patna for marketing to increase your good career prospects.

  • International School of Management [ISM], Patna
  • Chandragupt Institute of Management [CIMP], Patna
  • JD Women’s College, Patna
  • Nalanda Open University (NOU), Patna

Top MBA Colleges in Patna: FAQs

Ques. Which is the best college for MBA in Kolkata?

Ans. IIM Calcutta is undoubtedly the best college for MBA in Kolkata. Other top MBA colleges in Kolkata are IMS Kolkata, IBS Kolkata, IISWBM, etc.

Ques. Which MBA gives the highest salary?

Ans. MBA Marketing and MBA Business Analytics have shown to be the most rewarding streams.

Ques. Is BBA better or BCom.?

Ans. Click here to check a good comparison of BBA and B.Com. course.

Ques. What is an MBA salary in India?

Ans. The average MBA salary in India is INR 7.17 lakh.

Ques. Which private college is best for MBA?

Ans. In Patna, the best private college for MBA is the International School of Management [ISM].

Ques. What is the salary of an MBA in IT?

Ans. The average salary for MBA in IT is INR 9.8 lakh.

Ques. Is IEM Kolkata good for MBA?

Ans. IEM Kolkata is really good for an MBA in Marketing. The institute registers 100% placement in this field. For other fields like Finance and HR, IEM Kolkata placement stays around approximately 60%.

Ques. Is maths required for MBA?

Ans. Although Maths is an essential component of your management education, many top MBA colleges in India allow students to pursue MBA/PGDM even if they are not from a mathematics background.

Ques. Can I do MBA after my BA?

Ans. Yes, you can do an MBA after completing your BA degree.

Ques. What is the salary of PGDM?

Ans. The average PGDM salary in India is INR 7 lakh.

Type Of College
Entrance/Exam Accepted
Avg Fee Per Year
Course Type
Course Duration
College Category
Gender Accepted
Found 35 colleges
Sort By
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa6
2,17,500MBA/PGDM- 1st Year Fees₹ 6,00,000Average Package₹ 18,50,000Highest Package
7.7 / 10
Based on 2 User
Reviews
Best in Faculty
#105th/120 in India 2022
1,60,000MBA/PGDM- total feesCompare Fees----

Amity University, Patna

Patna, Bihar 
2,93,000MBA/PGDM- 1st Year Fees--
8.5 / 10
Based on 1 User
Reviews
--
--MBA/PGDM--
7.6 / 10
Based on 185 User
Reviews
Best in Academics
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CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM--
4.3 / 10
Based on 11 User
Reviews
Best in Infrastructure
--
54,000MBA/PGDM- 1st Year FeesCompare Fees--
7.7 / 10
Based on 27 User
Reviews
Best in Faculty
--
2,93,000MBA/PGDM- 1st Year FeesCompare Fees₹ 5,70,000Average Package₹ 9,00,000Highest PackageCompare Placement
8.3 / 10
Based on 1 User
Reviews
Best in Accomodation
--
5,500MBA/PGDM- total feesCompare Fees--
7 / 10
Based on 1 User
Reviews
Best in Academics
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
90,000MBA/PGDM- 1st Year Fees----
69,120MBA/PGDM- 1st Year Fees----
--MBA/PGDM------
--MBA/PGDM------
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM--
8.4 / 10
Based on 2 User
Reviews
--
21,000MBA/PGDM- total feesCompare Fees----
38,500MBA/PGDM- 1st Year Fees----

Impact College, Patna

Patna, Bihar 
--MBA/PGDM----
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
9,000MBA/PGDM- total fees----
--MBA/PGDM--
7.6 / 10
Based on 25 User
Reviews
Best in Faculty
--
2,45,500MBA/PGDM- 1st Year Fees------
--MBA/PGDM------
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM------
53,900MBA/PGDM- total fees------