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The top MBA colleges in Jharkhand include IIM Ranchi, Birla Institute of Technology (BIT), and many other private colleges like XLRI Jamshedpur. The city has 45 dedicated colleges offering MBA in-class tutoring and/or distance education mode.

  • There are a total of 45 MBA colleges in Jharkhand, out of which 16 are government (public) colleges while 29 are top private MBA colleges in Jharkhand.
  • Business Schools in Jharkhand are known for their state of the art infrastructure and quality education. Students from all over the country and all around the world attend the colleges here.  
  • Xavier School of Management is ranked as the best MBA college in Jharkhand by many ranking agencies.

Top MBA Colleges in Jharkhand: Rankings

A number of ranking agencies release the list of top colleges and universities on the basis of different parameters every year. Some of them are NIRF, Business Today, and Times B School.These rankings are based on parameters like Perception of the University, Teacher-Student Ratio, Placement Reports, Faculty Quality and many more. Some ranking agencies release separate ranking lists for Private B-schools and Government B-Schools.

NIRF Ranking Parameters Weightage.png

Source: Official Website

Top MBA Colleges in Jharkhand: NIRF Ranking

NIRF or National Institutional Ranking Framework is the national ranking agency for colleges and universities in India. Listed below are some of the top MBA colleges in Jharkhand in 2020 according to the NIRF survey.

College Name

NIRF Ranking 2020

NIRF Ranking 2019


Average Annual Fees

Xavier Labour Relations Institute (XLRI Jamshedpur)




INR 20,00,000 

IIM Ranchi




INR 6,98,000

IIT (ISM) Dhanbad




INR 2,32,940

BIT Mesra




INR 2,76,000

  • NIRF has ranked Xavier Labour Relations Institute and IIM Ranchi as the best MBA colleges in Jharkhand. 
  • IIT Dhanbad (Indian Institute Of Technology, Dhanbad) ranks 29th in All India Rank among all the top management colleges in India, as per the NIRF survey. 
  • The other premier institute included in this list is BIT Mesra, Ranchi.

Top MBA Colleges in Jharkhand: The Week Ranking

Every year, the Week releases a comprehensive list of MBA colleges in India and the subsection of it contains state wise ranking as well. This is a collective survey of MBA colleges, and the ranking is based upon the various facets of a globally appealing Business School. 

  • XLRI - Xavier School of Management is the best college of Jharkhand, as per The Week Ranking. 
  • It has been ranked at 4th position this year and the institute maintained its position from last year. 
  • The average annual fees of MBA at the Institute is INR 20,00,000. 

Top MBA Colleges in Jharkhand: ROI (Return on Investment)

ROI is of great significance while choosing a college. It helps one in calculating how profitable education is and how long will it take to get a satisfying return on the investment. Comparing ROI while arriving at a decision can drastically change the course of career post-graduation. Here are the top MBA colleges in Jharkhand, ranked on the basis of the ROI they offer:  

College Name

Average Annual Fees

Average Placement Package

ROI Rank*

Ranchi University

INR 2,850

INR 3,50,000


IIT Dhanbad

INR 2,32,940

INR 15,00,000


BIT Mesra

INR 2,76,000

INR 9,11,000


IIM Ranchi

INR 6,98,000

INR 15,02,000


XLRI - Xavier School of Management 

INR 20,00,000 

INR 19,61,000


  • As the list discloses, Ranchi University offers the best ROI, as the fee structure for this college is rather low, and the average placement package is moderate.
  • IIM Ranchi (Indian Institute of Management, Ranchi) has a rather remarkable ROI, as it ranks 2nd in the list. 

Top MBA Colleges in Jharkhand: Admission Process

There are a total of 45 top MBA colleges in Jharkhand, out of which 29  are private and 16 are government (public).The admission in management courses are done on the basis of the entrance exams. Some of them are CAT, GMAT, XAT, and GRE. The following graph shows the ratio of private and public colleges in a better way:

Number of Top MBA Colleges in Jharkhand

Source: Official Survey

IIM Ranchi

Indian Institute of Management, Ranchi is one of the best MBA colleges in Jharkhand and is ranked 20th among all the top B-schools in India as per NIRF. 

  • The institute has also been ranked as the 2nd best college in Jharkhand.
  • IIM Ranchi offers 2-year Post-Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Human Resource Management (PGDHRM), along with four and five-year fellowship and executive programs.
  • Admissions at IIM Ranchi are done based upon merit in the CAT, GMAT, or GRE.
  • The highest domestic package went upto INR 22.37 LPA for the academic year 2020, while the average salary was INR 15.11 LPA. 

XLRI Jamshedpur

Xavier Labour Relations Institute has been ranked as one of the topmost B Schools in Jharkhand, as well as in India. A number of ranking agencies have ranked the institute at No.1 position in Jharkhand.

  • India Today has ranked the school as No.1 Private B-School in India and 4th in the overall category of management schools. 
  • XLRI Jamshedpur offers PGDM programs in a number of specializations including General Management, Human Resources Management, and Business Management.
  • Admission to these courses are done on the basis of entrance exam conducted by the institute namely i.e. XAT. 
  • The average fees of PGDM course varies as per specializations. For Business Management, the institute has 360 seats and for General Management, there are 120 seats available. 

IIT Dhanbad

Indian Institute of Technology, Dhanbad is recognized by UGC and approved by AICTE. It offers various undergraduate as well postgraduate programs. 

  • The institute offers MBA in various specializations namely Marketing, Operations, Finance, and Human Resources. 
  • The average annual fees of the program is INR 2,32,940.
  • IIT Dhanbad offers admission in MBA through national level entrance exam, i.e. CAT, which will be followed by group discussion and personal interview. 
  • The institute has a male-female ratio of 70:30. 

The following graph shows the total students in the program specialization-wise.

IIT Dhanbad Specialization-wise Intake

Source: Official Website

Top MBA Colleges in Jharkhand: Entrance Exam Wise

Admissions in Jharkhand MBA colleges are done primarily through entrance exams like XAT, CAT, CMAT, and MAT. Some institutes take private exams like ATMA, as well as engineering exams like GRE. The admission also takes place on the basis of merit and quota.

Top MBA Colleges in Jharkhand Accepting CAT

CAT or Common Admission Test is the premier entrance exam accepted all over India for admission in management courses. Over 600 institutes participated in the exam conducted on a rotational basis by the IIMs.

Some of the top MBA colleges in Jharkhand accepting CAT scores are mentioned below: 

  • IIM Ranchi
  • BIT Mesra
  • ISM Ranchi
  • Ranchi University
  • Birsa Institute of Technology

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Top MBA Colleges in Jharkhand: Placement Wise

The management colleges in Jharkhand offer students some of the best placement opportunities. An average management college in Jharkhand receives around 150+ offers.

  • Top management colleges in India like IIM Ranchi, IIT Dhanbad, and Xavier School of Management, receive more than 300 offers.
  • The average MBA salary in India is INR 9-10 LPA, with highest packages jumping to 1 crore as well.
  • Some of the top recruiters for MBA graduates in Jharkhand are Accenture, HDFC Bank, Amazon, Cummins, L&T, Reliance, Tata Steel, among many others. 

The following graph shows the average salary package offered by the top MBA colleges in Jharkhand: 

CTCs offered in Top MBA Colleges in Jharkhand

Source: Official Websites

Also, Check

Top MBA Colleges in Jharkhand for Finance

India’s finance industry is booming at a tremendous rate. With the growing investment, companies are hiring multiple people to handle finance for their companies.  .

Given below are some of the top MBA colleges in Jharkhand for Finance:

  • Birla Institute Of Technology (BIT Mesra)
  • Indian Institute Of Management Ranchi (IIM Ranchi)
  • Ranchi University
  • Cambridge Institute of Technology
  • ICFAI University

Top MBA Colleges in Jharkhand for Marketing

Marketing is the new HR, says the expert reviewing placement cycles for decades. The advertising and marketing sector is set to $10 billion by the first quarter of 2020. With the influx of digital marketing and fierce competitors rising from mobile phones, the sector is growing at a rate of 30%.

Some of the top MBA colleges in Jharkhand for Marketing are as follows: 

  • Indian Institute Of Management Ranchi (IIM Ranchi)
  • Birla Institute Of Technology (BIT Mesra)
  • Sai Nath University
  • Institute of Science and Management (ISMR Ranchi)
  • Ranchi University

Also Check,

Top MBA Colleges in Jharkhand: FAQs

Ques.  Which college is best for MBA in Jharkhand?

Ans. The best MBA colleges in Jharkhand include Birla Institute Of Technology (BIT), Indian Institute Of Management Ranchi (IIM Ranchi), Ranchi University, among many others.

Ques.  How many MBA colleges are there in Jharkhand?

Ans. There are a total of 45 MBA colleges in Jharkhand.

Ques.  What is the average cost of MBA colleges in Jharkhand?

Ans. The average cost of an MBA course in Jharkhand is 4 lakhs.

Ques. .What is the average cut off for any student? 

Ans. The diverse range of colleges accepts one percentile or the other, depending upon the college. 

Ques. What is the entrance process for these colleges?

Ans. Candidates will have to sit in entrance exams such as CAT, XAT, SNAP, GMAT, CMAT, MAT, ATMA, based on the college of their choice.

Ques.  Which college guarantees the highest pass out salary?

Ans. Xavier School Of Management promises the highest pass out salary, i.e. 21 lakhs.


9.5 /10

Course Curriculum Overview :

B. Tech civil engineering engineering is the course which has the duration of 4 years.  good course structure and focuses a lot on research work.The syllabus is updated as per the changes made and the evolution in technology. The days at the institution is generally very hectic and exams too are very tiring.

Admission :

Sarala Birla University is a private University and provides with a lot of courses. In order to get admission in B. Tech civil engineering, the student must have 10+2 or equivalent in science from a recognized Indian Board. Then they will have to give the entrance and on same basis, will be selected.

Faculty :

The faculty of the institution is appointed with the focus in quality education of students. They are well qualified and trained with a great experience. They have good command over their respective subjects. They also encourage students in every possible way and help them when they need.

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8.8 /10

Faculty :

The faculty is quite supportive and qualified. All the teachers including our dean are well disciplined . They all teach with full dedication and great ardour. Teachers try to build professional and practical skills that allow a student to build career in finance and management.

Campus Life :

A number of events are organised such as debates, cultural fests, annual fest etc. Workshops are held regularly on various topics. The college is full of ethnic diversity. There are many societies in the college like environmental society, dramatic society,dance society,etc.

Course Curriculum Overview : is a 3 year undergraduate programme. The curriculum is well structured and updated according to the latest norms and focuses on building the professional competence in business world. It also offers a wide range of managerial skills.

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