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

Best MBA Colleges in Ranchi: Highlights 2024

The top 10 MBA colleges in Ranchi include premier names like IIM Ranchi, XLRI, XISS, BIT Mesra, IMS, Amity University, and Usha Martin University among others. These colleges provide excellent academic infrastructure, robust curricula, experienced faculty, industry collaborations, and effective placement assistance. The two-year full-time MBA curriculum focuses on developing analytical, leadership, and management skills through case studies, projects, simulation exercises, and experiential learning. The table below summarizes some key highlights of the leading MBA colleges in Ranchi list:

Top 10 MBA Colleges in Ranchi

As per various ranking surveys, the top 10 MBA colleges in Ranchi include a mix of private and public institutions known for their rigorous curriculums, experiential learning, and robust placement support. The MBA colleges in Ranchi like IIM Ranchi, XISS Ranchi, and BIT Mesra are among the most sought-after choices. The table below showcases the key details of the top 10 MBA colleges in Ranchi with fee structure:

Admission Criteria for MBA in Colleges Ranchi

The admission process for the best MBA colleges in Ranchi involves meeting the basic eligibility criteria like:

• Eligibility of a 3-year bachelor's degree with minimum 50% marks (45% for reserved categories).
• Appear for national-level MBA entrance exams like CAT, XAT, MAT, CMAT, and ATMA that assess quantitative, logical, verbal, and analytical skills.
• Secure high percentile scores in the entrance exams for shortlisting.
• Undergo group discussions and personal interviews that evaluate communication, leadership qualities, interests, and management potential.
• Colleges prepare a final merit list based on scores in entrance tests, academics, work experience, and selection process performance.
• Some MBA colleges in Ranchi have admission tests and selection criteria beyond the common exams.
• The rigorous admission process and criteria ensure that only the most deserving candidates can secure admission to premier MBA colleges in Ranchi.
• Entrance exam scores, academics, work experience, and selection process performances are key parameters in the admission process.
• High scores in CAT and XAT are essential for admission to top institutes like IIM Ranchi and XISS.
• Holistic assessment across academics, entrance tests, and selection processes determine final merit and admission.

Popular Entrance Exam for MBA Colleges in Ranchi

For students looking to pursue an MBA degree from top B-schools in Ranchi, appearing for national-level entrance exams like CAT, XAT, MAT, etc. is key to getting admission. These exams test a candidate's aptitude, reasoning skills, and proficiency in areas like quantitative techniques and data interpretation which are a prerequisite for an MBA program.

CAT (Common Admission Test)

• Registration Date: August 4, 2024,
• Last Date: September 15, 2024,
• Exam Date: November 24, 2024,

CAT is the primary exam for admission to premier MBA colleges in Ranchi like IIM Ranchi and XLRI. Over 2 lakh candidates appear for the CAT annually to assess quantitative aptitude, logical reasoning, and verbal skills through 100 MCQs. CAT scores are valid for 1 year.

XAT (Xavier Aptitude Test)

• Registration Date: July 15, 2023.
• Last Date: December 10, 2023.
• Exam Date: January 7, 2024

XAT is conducted for admission to Xavier institutes like XISS Ranchi. It evaluates quantitative ability, decision-making, verbal skills, and GK through multiple-choice questions. XAT scores are compulsory for XISS and XLRI.

MAT (Management Aptitude Test)

• Registration Date: MAT February 2024 registration is open until February 20, 2024.
• Last Date: 20 FEBRUARY 2024
• Exam Date: February 24, March 3 and March 8

MAT is accepted by B-schools like BIT Mesra and IMS Ranchi. It is a national exam held multiple times a year testing intelligence, comprehension, data analysis, and reasoning skills.

CMAT (Common Management Admission Test)

• Registration Date: second February 2024
• Last Date: Third week of March 2024
• Exam Date: April-May 2024

CMAT evaluates quantitative techniques, logical reasoning, language skills, and GK. It is accepted by BIT Mesra, IMS Ranchi, and other colleges.

ATMA (AIMS Test for Management Admissions)

• Registration Date: 30-Nov-2023
• Last Date: February 10, 2024
• Exam Date: 18-Feb-2024

ATMA tests analytical reasoning and quantitative and verbal skills. It is recognized by institutes like XISS, Central University, and Birsa Agri University.

Top Private MBA Colleges in Ranchi

Ranchi has a good mix of private and public institutes offering MBA programs. Some of the leading private colleges include Birla Institute of Technology, Xavier Institute of Social Service, Usha Martin University, Amity University, and Sarala Birla University. These colleges are renowned for their excellent academic environment, experienced faculties, industry collaborations, and placement support. The table below showcases the key details of the top-ranked private MBA colleges in Ranchi with fee structures:

Top Government MBA Colleges in Ranchi

Ranchi has several prestigious government institutes offering MBA programs of the highest quality. The leading names include IIM Ranchi, Central University Jharkhand, Dr Shyama Prasad Mukherjee University, Birsa Agriculture University, and Birsa Agricultural University Ranchi. These institutes are renowned for their rigorous curriculums, experienced faculties, excellent infrastructure, and strong industry linkages. The table below showcases the key details of the top-ranked government MBA colleges in Ranchi:

Best MBA Colleges in Ranchi based on Placements

The best MBA colleges in Ranchi like IIM Ranchi, XISS, BIT Mesra, and Central University facilitate excellent placement opportunities for their graduates. Leading recruiters from sectors like consulting, IT, banking, and manufacturing hire talent from these institutes. The table below summarizes the key placement parameters of top MBA colleges in Ranchi:

ROI Performance of MBA Colleges in Ranchi

Pursuing an MBA from a top B-school in Ranchi can be a lucrative investment for many students. The ROI or Return on Investment offered by some of the best MBA colleges in Ranchi is quite high. This is evident from the excellent placements, average salary packages, and career growth opportunities offered to MBA graduates from these institutes. Some of the top MBA colleges in Ranchi include IIM Ranchi, XISS Ranchi, BIT Mesra, Central University of Jharkhand, and Amity University Ranchi among others. The table summarizes the high ROI scores of top MBA colleges in Ranchi list across private and government MBA colleges in Ranchi.