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

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Update at Jun 5, 2024, 2:50 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 34 and out of that 25 are top Private MBA Colleges in Jharkhand and 9 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 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 Per Annum

Highest Salary

INR 28,00,000 Per Annum – INR 30,00,000 Per Annum

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.

S.No

MBA College/University

Type

Accepted Entrance Exams

MBA Fees (Approx.)

1

XLRI-Xavier School of Management

Private

  • XAT
  • GMAT
  •  GRE

INR 23,15,000

2

Indian Institute of Management (IIM) Ranchi

Government

  • CAT

INR 17,50,000

3

Indian Institute of Technology (Indian School of Mines)

Government

  • CAT

INR 17,50,000

4

Birla Institute of Technology

Private

  • CAT
  •  MAT
  • XAT
  • CMAT

INR 5,85,000

5

Amity University, Ranchi

Private

  • Based on Graduation Marks

INR 3,40,000

6

ICFAI University, Ranchi

Private

  • Based on General Eligibility

INR 2,55,000

7

Xavier Institute of Social Service, Ranchi

Private

  • CAT
  • XAT
  • CMAT

INR 8,90,000

8

Netaji Subhas University

Private

  • CAT
  • XAT
  •  MAT

INR 3,00,000

9

Arka Jain University

Private

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

INR 3,80,000

10

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 2024
  • Exam Date: 24 November 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 Feb 2024
  • Last Date: 28 May 2024
  • Exam Date: 2 June 2024

About the exam: The Management Aptitude Test (MAT) is an entrance exam conducted on a national level 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: 7 January 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 March 2024
  • Last Date: 18 April 2024
  • Exam Date: 5 May 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

INR 1,70,000 Per Annum

INR 6,70,000 Per Annum

10+2 : 60 %, Graduation : 50 %

  • CAT

INR 15,00,000

2

IIT Dhanbad (ISM)

92

INR 13,46,000 Per Annum

INR 83,00,000 Per Annum

Graduation: 60 %

  • CAT
  • GATE

INR 3,00,000

3

Central University of Jharkhand

66

INR 20,00,000 Per Annum

INR 25,00,000 Per Annum

10+2 : 55 %, Graduation : 50 %

  • CUET-PG

INR 1,00,000

4

Dr. Shyama Prasad Mukherjee University, Ranchi

39

INR 2,00,000 Per Annum

INR 5,00,000 Per Annum

Graduation: 50 %

  • CAT
  • XAT
  • CMAT
  • MAT 
  • ATMA

INR 80,000

5

BAU - Birsa Agricultural University

40

INR 8,09,000 Per Annum

INR 15,00,000 Per Annum

Graduation: 50 %

  • CAT

INR 29,000

Top Private MBA Colleges in Jharkhand For Quality Education

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

INR 32,70,000 Per Annum

INR 75,00,000 Per Annum

50 %

  • XAT

INR 24,00,000

2

Birla Institute of Technology, Mesra

120

INR 11,57,000 Per Annum

INR 51,00,000 Per Annum

50%

  • CAT
  • XAT
  • CMAT
  • MAT
  • GD PI

INR 5,50,000

3

Xavier Institute of Social Service

330

INR 7,19,000 Per Annum

INR 20,50,000 Per Annum

50%

  • CMAT 
  • CAT  
  • XAT

INR 9,00,000

4

Netaji Subhas University

120

INR 1,70,000 Per Annum

INR 5,00,000 Per Annum

50%

  • CAT
  • XAT
  • MAT

INR 3,00,000

5

Usha Martin University

60

INR 5,00,000 Per Annum

INR 8,50,000 Per Annum

50%

  • CUTE-PG

INR 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
INR 30,00,000 Per Annum
Indian Institute of Management Ranchi
  • Asian Paints
  • DHL
  • Citi Bank
  • Amazon
  • McKinsey & Co
INR 17,30,000  Per Annum
Indian Institute of Technology (Indian School of Mines)
  • Aditya Birla Group
  • Galgotias University 
INR 11,76,000   Per Annum
Birla Institute of Technology
  • Aakash
  • Milan
  • Kotak Mahindra Bank
  • Hero
INR 11,00,000   Per Annum
Amity University, Ranchi
  • Adobe
  • Times of India
  • IB
  • Pepsi
  • HP
INR 6,41,000  Per Annum
ICFAI University, Ranchi
  • Mahindra and Mahindra
  • Tata Steel
  • Amazon
INR 10,00,000  Per Annum
Xavier Institute of Social Service, Ranchi
  • Mahindra & MahindraMG Motor
  • Tata Consultancy Services (TCS)
INR 5,31,000  Per Annum
Netaji Subhas University
  • Pwc
  • Wipro
  • Aditya Birla Group
  • Byju’s, Oberoi Hotels
INR 5,95,000  Per Annum
Arka Jain University 
  • Tata Motors Limited
  • Max Bupa
  • Aakaash
  • Apollo Munich
INR 6,50,000 Per Annum
Usha Martin University 
  • Vivo
  • Reliance Retail
  • IDFC First Bank
  • Federal Bank
INR 4,00,000  Per Annum

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 compare 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 Per Annum
Indian Institute of Management Ranchi INR 17,50,000 INR 17,30,000 Per Annu Per Annum
Indian Institute of Technology (Indian School of Mines) INR 17,50,000 INR 11,76,000 Per Annum
Birla Institute of Technology INR 5,85,000 INR 11,00,000 Per Annum
Amity University, Ranchi INR 3,40,000 INR 6,41,000 Per Annum
ICFAI University, Ranchi INR 2,55,000 INR 10,00,000 Per Annum
Xavier Institute of Social Service, Ranchi INR 8,90,000 INR 5,31,000 Per Annum
Netaji Subhas University INR 3,00,000 INR 5,95,000 Per Annum
Arka Jain University INR 3,80,000 INR 6,50,000 Per Annum
Usha Martin University INR 3,93,000 INR 4,00,000 Per Annum

Comparison Of Top MBA Colleges in Jharkhand

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

Colleges

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 24,00,000 – INR 30,00,000

INR 15,00,000 – INR 16,00,000

INR 5,50,000

Placement Package

INR 29,89,000 Per Anuum

INR 17,03,000 Per Anuum

INR 13,00,100 Per Anuum

FAQ (Frequently Asked Questions).


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