Top MBA Colleges in Jharkhand 2024: Fees, Admissions, Placements & Rankings

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Update at Feb 28, 2024, 6:29 am

Students planning to pursue an MBA from Jharkhand must already know that this eastern Indian state is known for being rich in minerals. The state is also providing some of the best MBA graduates which makes it achieve excellence in many fields. MBA colleges in Jharkhand offer some of the best business schools which are known for their state-of-art infrastructure and quality education.

MBA is a 2-year post-graduate course provided by many universities all around the world but students from all over the country come to the MBA colleges in Jharkhand for the degree course. These colleges accept entrance exams with valid scores like CAT, XAT, MAT, CMAT, ATMA, etc. to provide admission to the top MBA colleges in Jharkhand.

MBA Colleges in Jharkhand: Highlights 2024

MBA colleges in Jharkhand have a total of 52, and out of that 35 are top private MBA colleges in Jharkhand and 16 are Government-owned colleges. The course helps students build a leadership quality and confidently function in the business world. The MBA colleges in Jharkhand offer students to improve their analytical, critical-thinking, and decision-making abilities. Here are some of the key highlights related to the MBA colleges in Jharkhand

Total Number of Colleges

34

Private Colleges

25

Government Colleges

9

Top Specializations

  • Marketing
  • Finance
  • HRM
  • Economics
  • Information Technology
  • Organization behavior
  • Bank Management
  • Business Analytics
  • Management consulting
  • International Business
  • Strategic management
  • Finance management
  • Operations management
  • Retail management

Average Fees (p.a)

INR 24,00,000 – INR 30,00,000

Entrance Exams Accepted

  •  CAT
  •  CMAT
  •  MAT
  •  XAT

Average Salary

INR 6,50,000

Highest Salary

INR 28,00,000– INR 30,00,000

Top 10 MBA colleges in Jharkhand 

Top MBA colleges in Jharkhand are ranked by many prestigious bodies like NIRF based on multiple factors. The college accepts entrance exams for admission to the university like CAT, XAT, CMAT, MAT, etc. Let’s have a look at the top 10 MBA colleges in Jharkhand along with various factors related to the program.

MBA College/University

Type

Accepted Entrance Exams

MBA Fees (Approx.)

XLRI-Xavier School of Management

Private

  • XAT
  • GMAT
  •  GRE

INR 23,15,000

Indian Institute of Management (IIM) Ranchi

Government

  • CAT

INR 17,50,000

Indian Institute of Technology (Indian School of Mines)

Government

  • CAT

INR 17,50,000

Birla Institute of Technology

Private

  • CAT
  •  MAT
  • XAT
  • CMAT

INR 5,85,000

Amity University, Ranchi

Private

Based on Graduation Marks

INR 3,40,000

ICFAI University, Ranchi

Private

Based on General Eligibility

INR 2,55,000

Xavier Institute of Social Service, Ranchi

Private

  • CAT
  • XAT
  • CMAT

INR 8,90,000

Netaji Subhas University

Private

  • CAT
  • XAT
  •  MAT

INR 3,00,000

Arka Jain University

Private

  • CAT
  • MAT
  •  XAT
  • CMAT
  • AJU-Combined Entrance Test (AJUCET )

INR 3,80,000

Usha Martin University

Private

CUET-PG

INR 3,93,000

Admission Process for MBA Colleges in Jharkhand

The admission process of an MBA college in Jharkhand varies from college to college. The majority of the colleges accept entrance exams for their admission to the post-graduate course. Here is a simplified admission process for some of the best MBA colleges in Jharkhand.

  • Applicants must hold degrees in multiple disciplines from an accredited university or institution.
  • Most universities have a minimum percentage level of 50% of the total score or equivalent for a bachelor's degree.
  • For reserved category students, the minimum mark is 45% of the aggregate mark or equivalent CGPA.
  • However, the minimum percentage score may vary from university to university.
  • Multiple MBA colleges in Jharkhand accept scores from national-level entrance exams such as CAT, XAT, CMAT, or MAT.

The candidates must meet the minimum cut-off set by the university to be valid for the admission process.

Popular Entrance Exams for Top MBA Colleges in Jharkhand

Some of the best MBA colleges in Jharkhand accept entrance exams such as CAT, XAT, CMAT, MAT, etc which are the most popular. Here’s a list of some of the familiar entrance examinations accepted for the admission process of top MBA colleges in Jharkhand.

CAT (Common Admission Test)

  • Registration Date: first week of August 2024.
  • Last Date: third week of September 2023.
  • Exam Date: November 24, 2024

About the exam: The Common Admission Test (CAT) includes Listening and Reading Comprehension, Data Interpretation, and Logical Reasoning, which make up the three sections of the CAT question paper.

MAT (Management Aptitude Test)

  • Registration Date: 20, 21, 29 Feb, 5 Mar 2024
  • Last Date: February 20, 2024.
  • Exam Date: 24, 25 Feb, 3, 8, 10 Mar 2024

About the exam: The Management Aptitude Test (MAT) is an entrance exam conducted on national-level which is organized by the All India Management Association (AIMA) for admission to MBA/PGDM program. MAT exam is conducted in offline mode, online, and remote mode.

XAT (Xavier Aptitude Test

  • Registration Date: 15 Jul 2023
  • Last Date: 10 Dec 2023
  • Exam Date: January 7, 2024,

About the exam: The Xavier Aptitude Test (XAT) is a national-level business administration entrance test conducted by XLRI, Jamshedpur for admission to MBA/PGDM programs.

CMAT ( Common Management Admission Test)

  • Registration Date: third week of February 2024
  • Last Date: third week of March 2024
  • Exam Date: May 5, 2024

About the exam: The Common Administrative Aptitude Test (CMAT) is a three-hour online test conducted by the NTA to assess candidates and their skills in areas such as quantitative ability, reasoning, verbal skills, and general, creative, and industrial knowledge.

Top Government MBA Colleges in Jharkhand for Quality Education

There are approximately 16 Government/Public colleges in Jharkhand which are known for their reasonable fees, quality education and top-notch placements.

Enlisted below are the top Government MBA colleges in Jharkhand:

S.NO

Top Government Colleges

Seats

Avg Package

Highest Package

Eligibility

Exam Accepted and Cut off

Fees

1

IIM Ranchi

253

1,70,000

6,70,000

10+2 : 60 %, Graduation : 50 %

  • CAT

15,00,000

2

IIT Dhanbad (ISM)

92

13,46,000

83,00,000

Graduation : 60 %

  • CAT
  • GATE

3,00,000

3

Central University of Jharkhand

66

20,00,000

-

10+2 : 55 %, Graduation : 50 %

-

1,00,000

4

Dr. Shyama Prasad Mukherjee University, Ranchi

-

2,00,000

5,00,000

Graduation : 50 %

  • CAT
  • XAT
  • CMAT
  • MAT 
  • ATMA

80000

5

BAU - Birsa Agricultural University

40

8,09,000

15,00,000

-

  • CAT

29000

Which are the Top Private MBA Colleges in Jharkhand?

Jharkhand is home to top private colleges that have great industrial connections, offer foreign exchange programs, and have exemplary placements. Some of the private MBA colleges in Jharkhand boast of packages around 60 Lakhs from MNCs thus attracting students from across the country. Around 35 private colleges are present in Jharkhand at present which are as follows:-

S.NO

Top Private Colleges

Seats

Avg Package

(NIR)

Highest Package (NIR)

Eligibility

Exam Accepted and Cut off

Fees

1

XLRI Xavier School of Management

180

32,70,000

75,00,000

50 %

XAT

24,00,000

2

Birla Institute of Technology, Mesra

120

11,57,000

51,00,000

50%

  • CAT
  • XAT
  • CMAT
  • MAT
  • GD PI

5,50,000

3

Xavier Institute of Social Service

330

7,19,000

20,50,000

50%

  • CMAT  
  • CAT  
  • XAT

9,00,000

4

Netaji Subhas University

120

1,70,000

5,00,000

50%

  • CAT
  • XAT
  • MAT

3,00,000

5

Usha Martin University

60

5,00,000

8,50,000

50%

-

 

4,00,000

Finding the Best MBA Colleges in Jharkhand: Region-wise Exploration

There are different regions in Jharkhand like Jamshedpur, Ranchi, Dhanbad, Bokaro, and more. An easy way of selecting MBA colleges in Jharkhand could be a region-wise exploration. This narrows down your approach of choosing the college. Also, you can check out factors like the weather conditions and connectivity to get a more informative view.

Here is the full list of the best MBA colleges categorized region-wise:-

S.NO

Locations

Number/Names of Colleges

1

Chaibasa

2 - Kolhan University Chaibasa, Chaibasa Engineering College, Techno India Group, Chaibasa

2

Dhanbad

3 - Department Of Management Studies, Indian Institute Of Technology (Indian School Of Mines), ISM Dhanbad - Indian Institute Of Technology [IITISM] Dhanbad, Coxtan Administrative & Management College Dhanbad

3

Hazaribag

1 - AISECT University Hazaribag

4

Jamshedpur

6 - XLRI Jamshedpur, Arka Jain University Jamshedpur, Netaji Subhas University [NSU] Jamshedpur & etc.

5

Kodarma

1 - Capital University [CUJ] Koderma

6

Ranchi

23 - Indian Institute Of Management [IIMR] Ranchi, Birla Institute Of Technology [BIT Mesra] Ranchi, Usha Martin University [UMU] Ranchi & etc.

Placement for Top MBA Colleges in Jharkhand

MBA colleges in Jharkhand provide some of the best placement packages to its students. This helps the students work positively towards the betterment of their future. The recruitment companies have the opportunity to boost the placement of the top MBA colleges in Jharkhand and offer high and competitive salaries. Let’s have a look at some of the best MBA colleges in Jharkhand placement package.

Colleges  Recruiter  Average Package 
XLRI-Xavier School of Management Aditya Birla Group ,Bajaj Allianz, Axis Bank, Bain & Co, Airtel , American Express, Bajaj Finserv, Adani Wilmar, Ceat, Ernst & Young, Google, Deloitte, DTDC, Cisco, Flipkart, IBM , Goldman Sachs etc.  INR 30,00,000 
Indian Institute of Management Ranchi Asian Paints, DHL, Citi Bank, Amazon, McKinsey & Co, Accenture, American Express, Capgemini, Deloitte, Infosys, Ernst & Young, JP Morgan & Chase, HSBC Bank, Bandhan Bank, Genpact,Tata Steel, Aditya Birla Group etc INR 17,30,000 
Indian Institute of Technology (Indian School of Mines) Aditya Birla Group, Galgotias University, Pwc, HCL, Barclays, Ernst & Young, Federal Bank, Accenture, Cognizant, Linc, Sutherland etc.  INR 11,76,000  
Birla Institute of Technology Aakash, Milan, Kotak Mahindra Bank, Hero, Birla Sun Life, Mahindra, Dalmia, Oracle, Cognizant, Exide etc.  INR 11,00,000  
Amity University, Ranchi Adobe, Times of India,  IBM, Pepsi, HP, NIIT, Philips, Bharti, Sony, Accenture, Microsoft ,Panasonic, Dabur, Nokia, Barclays , Deutsche Bank, Infosys etc, ICFAI University, Ranchi INR 6,41,000 
ICFAI University, Ranchi Mahindra and Mahindra, Tata Steel, Amazon, Genpact, Wipro, Axis Bank,  HDFC Bank, Reliance Energy, Pidilite, Pantaloon, Dalmia, NTPC etc.  INR 10,00,000 
Xavier Institute of Social Service, Ranchi Mahindra & MahindraMG Motor, Tata Consultancy Services (TCS), Ernst & Young,  Utkarsh Small Finance Bank Ltd, Satya Micro Capital Ltd, Bandhan Bank, Infosys, Maruti Suzuki India, ICICI Lombard, Aditya Birla Fashion & Retail Ltd, Reliance Industries Ltd. etc. INR 5,31,000 
Netaji Subhas University Pwc, Wipro, Aditya Birla Group, Byju’s, Oberoi Hotels, Bajaj Finserv, Deloitte, HDFC Bank, Muthoot Finance , Tata Consultancy Services (TCS), Marriott etc.  INR 5,95,000 
Arka Jain University  Tata Motors Limited, Max Bupa, Aakaash, Apollo Munich, Bajaj Capital, Bank Of America, Capgemini, Chegg India, Decathlon, Flipkart, Goldman Sachs, Infosys, Wipro, Jaro Education etc. INR 6,50,000 P.A. (Approximate)
Usha Martin University  Vivo, Reliance Retail, IDFC First Bank, Federal Bank, Jindal Steel & Power, Prism Cement, Capgemini, HDFC Bank, Jana, Outlook, Apollo Munich, Micro Turners, Spandana, Pantaloons, Jharkhand Tourism etc.  INR 4,00,000 

ROI for Top MBA Colleges in Jharkhand

MBA colleges in Jharkhand have a high ROI as the universities help the students boost their career prospects. ROI lets the candidate know how good and profitable it gets to enroll into an MBA program from a university. This helps in comparing the average placement package a student would receive by getting admitted to the university. Here are the top MBA colleges in Jharkhand with fees and average placement provided.

College/Institute Full Course Fees Average Placement Package
XLRI-Xavier School of Management INR 23,15,000 INR 30,00,000 
Indian Institute of Management Ranchi INR 17,50,000 INR 17,30,000 
Indian Institute of Technology (Indian School of Mines) INR 17,50,000 INR 11,76,000 
Birla Institute of Technology INR 5,85,000 INR 11,00,000 
Amity University, Ranchi INR 3,40,000 INR 6,41,000 
ICFAI University, Ranchi INR 2,55,000 INR 10,00,000 
Xavier Institute of Social Service, Ranchi INR 8,90,000 INR 5,31,000 
Netaji Subhas University INR 3,00,000 INR 5,95,000 
Arka Jain University INR 3,80,000 INR 6,50,000 P.A. (Approximate)
Usha Martin University INR 3,93,000 INR 4,00,000 

Comparison Of Top MBA Colleges in Jharkhand

Comparison of top MBA colleges in Jharkhand helps the students decide a better option for them in terms of multiple factors. Here is a comparison of the top MBA colleges of Jharkhand.

 

XLRI Xavier School of Management

IIM Ranchi

Birla Institute of Technology, Mesra

About

Xavier School of Management is a private business school run by the Society of Jesus in Jamshedpur, Jharkhand, India founded in 1949 in the steel city of Jamshedpur, and is one of the oldest business schools in India.

The Indian Institute of Management Ranchi was established on 15 December 2009 as a public business school located in Ranchi, Jharkhand, India, and became India's ninth Indian Institute of Management.

Birla Institute of Technology, Mesra is a government-funded technical institute situated at Ranchi, Jharkhand, India. It was established in 1955 at Mesra, Ranchi, by the industrialist B. M. Birla.

NIRF ranking

9th

24th

77th

Infrastructure

50 acres

60 acres

750 acres.

Fees

INR 24 lakh – INR 30 lakh

INR 15 lakh – INR 16 lakh

INR 5.5 lakh

Placement Package

INR 29.89 LPA

INR 17.3 LPA

INR 13.01 LPA

FAQ (Frequently Asked Questions).


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