The top MBA colleges in Patna include ISM Patna, CIMAGE Patna, Patna University and 19 other institutes ranked by top agencies in India. These colleges charge very low fees compared to other top colleges in India and offer satisfactory placements.
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 Pattern followed by the university, etc. Many agencies also include parameters like Perception of the university and the 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.
Business World is one of the top Indian business magazines and is published fortnightly. The agency has offices located in New Delhi, Mumbai, Bangalore and Chennai.
Learn More: International School of Management (ISM), Patna Scholarship and Education Loan Facilities.
The Times B-School Survey has also mentioned only the International School of Management [ISM], Patna in its ranking list released for the year 2019.
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 structure.
|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.
Not many colleges in Patna release the cutoff lists for admissions in their MBA programs. Chandragupt Institute of Management (CIMP), Patna is one institute which accepts the score of CAT and CMAT and also releases cutoff lists for students. Given below are the CIMP Patna Cutoff 2020 details.
|CAT (PGDM Finance)||75|
|CAT (PGDM Marketing)||57|
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.
Source: Official Survey
Admissions are done in these colleges on the basis of 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.
Generally, 60-65% weightage is given to the entrance exam, 20-25% to the GD and PI, and remaining 15-20% to the past academic records and other miscellaneous test rounds.
The International School of Management [ISM], Patna is the sole MBA college in Patna which has been ranked by any ranking agency among the top MBA colleges in India.
In the second year, students get to choose electives from all the 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 of batch 2017-19.
Source: ISM Patna Official Website
CIMP Patna or Chandragupt Institute of Management, Patna offers students a 2-year full-time PGDM program.
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.
Source: CIMP Patna Official Website
CIMP Patna has completed its placement season 2020. The top recruiters which particpated are listed below.
|HT Media||Bandhan Bank||KPMG|
|Voonik||Zomato||The Outlook Group|
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.
CAT or Common Admission Test is a national-level entrance exam conducted for admissions in the top management colleges in India. Every year, more than 2 lakh candidates appear for the CAT exam. CAT 2019 Result was released in the first week of January 2020. Out of 22, there are only 7 top MBA colleges in Patna accepting CAT score. Some of these are listed below.
Indian Institute of Business Management [IIBM], Patna
MAT or Management Aptitude Test is conducted by AIMA (All India Management Association) for admissions in top B schools in India.
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 score.
Catalyst Institute of Management and Advance Global Excellence [CIMAGE], Patna
|Top MBA Colleges in Patna Accepting XAT||Top MBA Colleges in Patna Accepting CMAT|
|Top MBA Colleges in Patna Accepting NMAT||Top MBA Colleges in Patna Accepting ATMA|
The placements season for the 2019 batch has finished in every institute, many colleges would have completed their 2020 placement also, if not for Coronavirus. Many colleges have also achieved huge packages in the 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.
The below graph shows the CTC offered in top MBA colleges in Patna.
Source: Official Institute Websites
The top recruiters in these companies include:
McKinsey & Company
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.
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.
|Top MBA Colleges in Bihar||Top MBA Colleges in Muzzafarpur|
|Top MBA Colleges in Ranchi||Top MBA Colleges in Kolkata|
Ques. Which 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?
Ques. Is BBA better or BCom.?
Ans. Click here to check a good comparison of BBA and B.Com. course.
Ques. What is 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 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, yet 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 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.
The college fest was the big highlight of this college. It was a 3day event. There were mostly cultural and managerial festival which took place. Many tv celebrity also turned up for the cultural event. There were many competitions held. The footfall was huge. People from different colleges turned up. The college did provide lot of help in setting up the event
The teachers are attentive & cultured & take great pains to impart learning although many are beginners and no experienced teachers , a mixed bag with the experienced teachers helping out and the freshers coming with fresh skills , i had a very good learning experience & never had any issues understanding what was being taught personally
It was chilled out although i hated labs we still follow the 75-25 paper pattern. Internal examination turns hectic and is difficult to score in them. Teachers prefer bribing with internal examination marks. Externals are fine & it was a breeze , not stressful at all atleast personally for me