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

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Kanishk Rahi

Update at Aug 9, 2024, 4:54 am

Patna is the capital and largest city of Bihar and the center of higher education in the state for students of various levels of education. Recently many MBA institutes have come up in Patna and there is no dearth of opportunities. Due to the city's rapid growth and student-friendly life, it has resulted in the flocking of MBA students to Patna. There are 40 MBA Colleges in Patna.

Patna is the business capital of Bihar and offers more MBA placements than any other city in the state of Bihar. MBA institutes in Patna with low fee structure offer quality MBA education leading to high ranking.  For those who plan to work in management positions, or financial institutions or have entrepreneurial aspirations admission to top MBA Colleges in Patna is available through CAT and admission to MBA colleges in Patna is also available through CMAT or MAT.

Top MBA Colleges in Patna: Highlights 2024

Total No of Colleges

43 

Private Colleges

20

Government Colleges

23

Fees

  • Annual Fee INR 1,00,000: 26%
  • Annual Fee INR 1,00,000 - INR 2,00,000: 32%

Annual Avg. Fees

INR 1,00,000 - INR 2,00,000

Top Specialisations

  • Finance
  • Sales & Marketing
  • Human Resources
  • Operations
  • IT & Systems

Admission Process (Entrance-based)

CAT / XAT / MAT / CMAT / GTMA

Average Placement Range

INR 3,00,000 Per Annum - INR 5,00,000 Per Annum

Top 10 MBA Colleges in Patna With Rankings 2024

S.No

College Name

Ranking Bodies

Rank

1

Chandragupta Institute of Management – CIM, Patna

NIRF

75-100

2

International School of Management – ISM Patna

Times B-School Rankings

51

3

R.P. SHARMA INSTITUTE OF TECHNOLOGY, PATNA

NIRF

45

4

Birla Institute of Technology, Patna

NIRF

77

5

PATNA UNIVERSITY

NIRF

66

6

Indian Institute of Business Management - (IIBM), Patna

NIRF

75

7

Magadh Professional Institute - (MPI), Patna

NIRF

54

8

Amity University, Patna

NIRF

37

9

Development Management Institute - (DMI), Patna

NIRF

45

10

J.D. Women’s College - (JDWC), Patna

India Today

28

MBA Colleges in Patna: Requirements for Admission Eligibility

1). Chandragupta Institute of Management – CIM, Patna

Chandragupta Institute of Management is a premier institute based in Bihar and one of the top 10 MBA colleges in Patna that was established in 2008. The programs are offered full-time. CIM is the premier institute for MBA/PGDM and FPM courses. Candidate can pursue various courses like MBA / PGDM, FPM, Business and Management studies. CIMP offers a two-year full-time Master in Management, approved by AICTE, accredited by NBA, and recognized as equivalent to MBA by AIU.

Exams

  • Common Admission Test (CAT)
  • Xavier Aptitude Test (XAT)
  • Management Aptitude Test (MAT)
  • Graduate Management Admission Test (GMAT)
  • Common Management Admission Test (CMAT)

Cut off

  • CAT 2023 - 70%
  • CMAT 2023 - 80%
  • XAT 2023 - 60%

Eligibility Criteria

  • Candidates who have appeared or appeared in CAT 2023, XAT 2024, CMAT 2024, and MAT 2023/2024 are eligible to apply.
  • Candidate must possess a Bachelor's Degree with a minimum of 50% marks or equivalent CGPA [45% if candidates belong to Scheduled Castes (SC), Scheduled Tribes (ST) and Disabled (DA) )] from any recognized university.
  • Those who have registered for the final year of a bachelor's/equivalent degree have passed the diploma and are awaiting results can also apply.
  • Potential applicants must have a valid email account and consistent phone number during the selection process.

Fees

  • INR 7,65,000 (Tuition and Examination Fees, Value Added, Industrial Visits Personality Development Program, and all.)

2). International School of Management – ISM, Patna

ISM Patna is the first private initiative for excellence in management education and entrepreneurship to offer the best PGDM course in Bihar. ISM Patna offers an AICTE-accredited PGDM program designed to make students business whether as entrepreneurs, junior managers in the industry, or higher education. ISM is one of the best MBA colleges in Patna. ISM Patna offers a two-year full-time Master of Management (PGDM) equivalent to MBA and approved by the All India Council for Technical Education (AICTE), Ministry of HRD, Govt. from India.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT)
  • Common Management Admission Test (CMAT)

Cut off

  • CMAT 2023 - 80%

Eligibility Criteria

  • At least 60% marks or equivalent CGPA in graduation [45% in case of SC/ST and Person With Disability (PWD)], from any AIU-approved University
  • Valid CAT, CMAT, MAT, or XAT scores.
  • Students appearing in their final year exams or awaiting their results can also apply.

Fees

  • INR 4,00,000

3). R.P. Sharma Institute of Technology, Patna

The institute was founded in 1980 on behalf of the Patna Institute of Technology by the late Professor R.P. Sharma, the benevolent founder of the Patna Educational Development Trust. In 2008-2009, a two-year full-time MBA course was started in this institute and gradually became the best MBA college in Patna. MBA major includes finance, marketing management, and human resource management. University approved by the All India Council of Technical Education New Delhi (AICTE) affiliated with Bihar Engineering University Patna (BEU) and recognized by the Department of Science and Technology (DST).

Exams

  • Common Admission Test (CAT)
  • NMIMS Management Aptitude Test (NMAT)

Cut off

  • NMAT 2023-53%

Eligibility Criteria

  • The selection is done directly based on merit.
  • Passed Bachelor's Degree of minimum 3 years duration.
  • Obtained at least 50% marks (45% marks in case of candidates belonging to reserved category) in the qualifying examination.

Fees

  • INR 42,500/Sem. + INR 5,000 Admission Fee (One Time)

4). Birla Institute of Technology, Patna

The Patna campus of Birla Institute of Technology was established in 2006 on the initiative of Govt. from Bihar. Since then, it has grown steadily and created academic landmarks. The Patna campus of the institute is the first of its kind to be fully dedicated to engineering and technology courses. The MBA program offers a dual functional specialization in Finance, Human Resources, Marketing, Information Technology, Operations, and Business Analysis.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT)
  • Common Management Admission Test (CMAT)

Cut off

  • CAT 2023 - 70%

Eligibility Criteria

  • Candidates with a minimum of 50% marks in bachelor's degree or equivalent from a recognized university.
  • Candidates who have appeared/appeared for CAT/XAT/CMAT and have valid percentile/score can apply for the program.

Fees

  • INR 2,93,000 (1st Yr Fees)

5). Patna University

Patna University is the seventh oldest university and the first in Bihar, Patna University was established by the parliament on 1 October 1917. Patna University is recognized under Section 12B of the UGC Act. In 2019, the National Assessment and Accreditation Council (NAAC) awarded a 'B+' grade to Patna University in the first cycle of the university's accreditation. Patna University offers education at the PG level through its two-year MBA program. This degree can be pursued in various fields such as marketing, finance, HR, and general. In terms of job opportunities, this course is very career-oriented.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT)
  • Common Management Admission Test (CMAT)
  • Joint Management Entrance Test (JMET)
  • AIMS Test for Management Admissions (ATMA)

Cut off

  • Management Aptitude Test (MAT)

Eligibility Criteria

  • Indian candidates seeking an MBA degree must have a UG degree with a minimum average mark of 50%.
  • For NRI candidates, an equivalent certificate approved by AIU is the admission criteria for NR students.

Fees

  • INR 54,100

6). Indian Institute of Business Management - (IIBM), Patna

The Indian Institute of Management (IIBM) was established in 1979. The Indian Institute of Management is registered as a non-profit, cultural, social, educational, and technical society under the Indian Civil Registration Act, of 1860. PGDM is recognized by AICTE, the Ministry of Human Resources, and the Government. This PGDM course is equivalent to an MBA degree, and the duration of this diploma course is 2 years, divided into 4 semesters.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT)
  • Common Management Admission Test (CMAT)

Cut off

  • MAT 56%

Eligibility Criteria

  • Graduates in any discipline with MAT/C-MAT/XAT/CAT score.
  • The previous year's score may be accepted.
  • Working persons may get admission with prior permission from their respective organizations.

Fees

  • INR 80,000 - INR 2,80,000

7). Magadh Professional Institute - (MPI), Patna

Magadh Professional Institute was established in 2018 with a vision to provide world-class education to the students of Patna. Magadh Professional Institute Patna is the oldest private technical training institute in Patna offering training in technical, medical, and management fields. Magadh Professional Institute is one of the best MBA colleges in Patna and offers a two-year postgraduate program in business management (MBA). Magadh Professional Institute provides specialization in MBAs such as MBA-Finance, MBA-Marketing, MBA-hospital, and healthcare management MBA-Human Resource Management.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)

Cut off

  • MAT-97%
  • CAT-35%

Eligibility Criteria

  • Bachelor's degree in any stream i.e. BA, B.Com, B.Sc, and B.E. from a recognized university.

Fees

  • INR 95,600 (Total Fees)

8). Amity University, Patna

Amity University, Patna is a private university established in 2017 by Amity Educational Group. Located in Patna, Bihar, it is approved by UGC. The university offers undergraduate and postgraduate courses. It is the only university in Asia accredited by the US and UK universities. The Master of Business Administration (MBA) is a two-year postgraduate course offered by Amity University, Patna.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Graduate Aptitude Test in Engineering (GATE)
  • NMIMS Management Aptitude Test (NMAT)

Cut off

  • CAT 2023 - 75 percentile.
  • MAT 2023 - 550.
  • GMAT 2023 - 500.
  • NMAT 2023 - 65 percentile.

Eligibility Criteria

  • All MBA candidates must have passed a Bachelor's degree in any discipline with 50% minimum marks.
  • Admission to the MBA program is done based on GATE/ CAT/ MAT/ NMAT followed by a Personal Interview.

Fees

  • INR 2,93,000 (1st Yr Fees)

9). Development Management Institute - (DMI), Patna

The Development Management Institute (DMI) was established on 13 February 2014, after the Government of Bihar wanted to establish a High Performing Knowledge Institution (HPKI). The two-year Master in Development Management (PDM) program leads to a Post Graduate Diploma in Management (PGDM) approved by the All India Council for Technical Education (AICTE), New Delhi. DMI offers a two-year, full-time Masters in Development Management (PDM) program for those interested in pursuing a career as a development management professional that contributes to human growth and social change.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT)
  • Common Management Admission Test (CMAT)
  • Graduate Management Admission Test (GMAT)

Cut off

  • 50 Percentile in Entrance Exams

Eligibility Criteria

  • Minimum 3 years Degree (or equivalent) in any field with 50% marks in aggregate (45% for SC/ST/Cultural candidates) from a University/Institute recognized by UGC or AICTE.
  • Students pursuing their final diploma can also apply.
  • Valid marks in CAT 2022 / XAT 2023 / GMAT / CMAT 2023/ MAT for PGDM.

Fees

  • INR 5,60,000 (in total)

10). J.D. Women’s College - (JDWC), Patna

JD Women's College is a part of Patliputra University, Patna. It was established in 1971 to promote the cause of women's education in the state of Bihar. MBA and MCA courses are approved by the All India Council for Technical Education (AICTE), New Delhi. Professional courses accredited by AICTE such as MBA and MCA in 2002.

Exams

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT)
  • Common Management Admission Test (CMAT)

Cut off

  • 50 Percentile in Entrance Exams

Eligibility Criteria

  • Three years Bachelor's degree in any discipline with a minimum of 50% marks.
  • A candidate, who has appeared at the degree examination and is awaiting the result or is appearing at the degree examination, may also apply for admission; but her candidature will be canceled if she fails to produce necessary documentary proof of her passing out the same with the requisite 50 percent marks at the time of Interview.

Fees

  • INR 68,000 (in total)

Entrance Exams Accepted by MBA Colleges in Patna

Many institutions all over India provide MBA admissions through entrance examinations. Many top-ranked colleges for MBA in Patna accept scores from national and state-level entrance exams. So let's discuss what entrance exams are accepted by MBA Colleges in Patna.

  • Common Management Aptitude Test (CMAT)
  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT)
  • BioMedical Admissions Test (BMAT)
  • AIMS Test for Management Admissions (ATMA)
  • Maharashtra Common Entrance Test (MAH CET)
  • Symbiosis National Aptitude Test (SNAP) 

FAQ (Frequently Asked Questions).


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