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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 topMBA Colleges in Jharkhand.
MBA Colleges in Jharkhand have a total of 34 and out of that 25 are top PrivateMBA Colleges in Jharkhand and9are 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.
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:
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:-
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
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 thetop 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.
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.