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Best MBA Colleges in Patna: Ranking, Fees, Highest Packages

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Slowly but steadily, Patna has become an educational hub in Bihar. As the city has continued to progress on the path of development and economic growth, top engineering, medical, and management universities and colleges have made their way into the city. As a result of this, the city has become a home to more than 25 MBA colleges (15 private colleges and 10 government colleges). Most of the colleges allow admission on the basis of academic credentials and entrance exams: CAT, XAT, MAT, NMAT etc. The list of best MBA colleges in Patna revolves around Chandragupt Institute of Management, Patna University, and Birla Institute of Technology etc. However, there are a few more top MBA colleges in Patna which are dedicated to instilling a strong foundation of business acumen in their students, preparing them to face and tackle corporate challenges. In the content below, we will learn more about the best MBA colleges in Patna, Bihar, which are serving as beacons of quality education in management studies.

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List of Top 10 Best MBA Colleges in Patna - All Certified and Accredited Colleges

Best MBA Colleges are those colleges or universities which establish and work with a focus on fostering critical thinking, innovation, and ethical business practices. While the faculty, depth & comprehensiveness of the curriculum, and career support are the hallmarks of academic excellence for any college, we should not forget the significance of recognition and accreditation of any college. With too many colleges to choose from for MBA Programs, it could be tricky to find & choose the most suitable college or university that matches your career goals without compromising on accreditation. Hence, we have brought to you the list of the top 10 MBA colleges in Patna which are not just well accredited but also best known for their overall performance, successful track record, and world-class infrastructure.

 

   College Name  Main Specializations  Accreditation
 1.  Indian Institute of Management (IIM) Patna  General Management, Finance, HR,   Marketing  AICTE, AACSB, NBA
 2.  Xavier Institute of Social Service (XISS) HR, Marketing, Finance, Rural   Management  UGC, AICTE, ISO   9001:2015, NAAC
 3.  IMS Patna  Marketing, Finance, Operations AICTE, NBA
 4.  Bihar Institute of   Business Management (BIBM)  Marketing, Finance, HR, Operations  AICTE
 5.  Patna College of Engineering &   Technology (PCET)  MBA (Tech Management)  UGC, AICTE
 6.  Bihar School of Management (BSM)  HR, Marketing, Finance, Operations  AICTE,NBA
 7.  Asha School of Management   Marketing, Finance, HR, Operations  AICTE
 8.  Magadh University  General Management, HR, Finance  UGC, AICTE
 9. Chandragupt Institute of Management  Marketing, Finance, HRM, Business Analytics AICTE, NBA
 10.  Birla Institute of Technology, (BIT) Mesra MBA  Finance, HRM, Marketing, Operations Management, Business Analytics  AICTE, NBA

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Best MBA Colleges in Patna with NIRF Ranking

Ranking of colleges, especially when given by the NIRF, captures the essence of excellence and comprehensive development that defines the paradigm of a best college. Ranking given on the basis of parameters like teaching quality, research output, infrastructure, student satisfaction, and placement records serves as a benchmark. Hence, you are better off getting admission to any top-ranked college for MBA. These are the top-ranked colleges as per the NIRF.

 

   College Name  NIRF Ranking 
 1.  Chandragupt Institute of Management Patna (CIMP)  101–125 (band)
 2.  Amity University Patna  101–125 (band)
 3.  Birla Institute of Technology, Mesra  101–125 (band)
 4.  IIM Patna  101–125(band)

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Patna MBA Colleges for Admission with CAT

Passing a CAT exam with a good score of up to 90% or even more is a testament to a candidate's strong analytical abilities and problem-solving skills. If you have passed the CAT entrance test with flying colours, you are welcome to all these top-rated MBA colleges where you can learn both the science and art of business.

 

   College Name  CAT Acceptance Specializations
 1.  Indian Institute of Management (IIM) Patna  Yes  General Management, Marketing,   Finance, Operations
 2.  Chandragupt Institute of   Management Patna (CIMP)  Yes  General Management, HR,   Marketing, Finance
 3.  Birla Institute of Technology   (BIT), Mesra - Patna  Yes  General Management,   Marketing, HR
 4.  Bihar Institute of Business   Management (BIBM)  Yes  Marketing, HR, Finance,   Operations
 5.  Patna University - Department of Commerce and Business  Yes  General Management, HR,   Finance, Marketing
 6.  Amity University Patna  Yes  Marketing, HR, Finance, Operations
 7.  Xavier Institute of Social Service (XISS), Ranchi (Patna Campus)  Yes  HRM, Rural Management, IT, Marketing, Finance

 

MBA Colleges in Patna without CAT Admission

In the heart of every MBA aspirant (student looking for admission into MBA), there is immense pride in or respect for the CAT entrance test. Most students dream of topping it. However, in sharp contrast to what many students think, CAT is not the only accepted entrance test for admission to an MBA. Other entrance tests like NMAT, GMAT, XAT are equally acceptable for admission to any good MBA colleges in Patna. Find below the list.

   College Name  Accepted Entrance Exam 
 1.  Asha School of Management  Own Entrance Exam / MAT /   CMAT
 2.  Bihar Institute of Business Management   (BIBM)  MAT / CMAT / XAT
 3.  Patna College of Engineering & Technology   (PCET)  MAT / CMAT / ATMA
 4.  IMS Patna  MAT / CMAT / XAT
 5.  Magadh University  MAT / CMAT
 6.  Aryabhatta Knowledge University (AKU)  MAT / CMAT
 7.  L.N. Mishra Institute of Economic Development &   Social Change  MAT / CMAT

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MBA Colleges in Patna Without Entrance Admission

Many students fondly imagine that they would become a proficient manager in a multinational company after pursuing an MBA from any prominent college or university, but due to the entrance exam, they lowered their expectations. Well, all the MBA aspirants, especially those who live in Bihar and are looking for higher studies in Patna, should not lower their expectation as it is not just possible but simple also to get admission into any well-established MBA college in Patna. Let’s glance through the colleges that allow admission to their MBA programs without an entrance test.

 

   College Name  Admission Criteria
1.  Asha School of Management  Merit-based (Undergraduate Marks, Interview)
 2. L.N. Mishra Institute of Economic Development & Social Change  Merit-based (Graduation Marks,   Interview)
 3.  International School of Management (ISM)   Patna  Merit-based (Undergraduate   Marks, Interview)
 4.  Indian Institute of Business Management   (IIBM) Patna  Merit-based (Undergraduate   Marks, Interview)
 5.  Bihar Institute of Business Management   (BIBM)  Merit-based (Graduation Marks, Interview)
 6.  Magadh University  Merit-based (Undergraduate   Marks, Interview)
 7.  Patna University - Department of Commerce   & Business Administration  Merit-based (Undergraduate Marks, Interview)
 8.  Aryabhatta Knowledge University (AKU) Patna  Merit-based (Undergraduate   Marks, Interview)

Best MBA Colleges in Patna with Fee & Highest Salary Packages

Your MBA journey with any college can get off track if you overlook the fee and cost factor. While the fee is a key aspect, the placement record with commendable salary packages of the college is equally important to ensure you get a better ROI. Let’s break down the list of best MBA colleges on the basis of their fee structure and salary packages, helping you make the right and informed decision.

 

   College Name  Fee Structure (Approx.)  Highest Salary Package (Approx.)
 1.  Indian Institute of Management   (IIM) Patna  ₹15-18 Lakhs (for 2   years)  ₹28-30 Lakhs per   annum
 2.  Chandragupt Institute of Management Patna (CIMP)  ₹4.5 Lakhs (for 2   years)  ₹12-15 Lakhs per   annum
 3.  Birla Institute of Technology (BIT),   Mesra - Patna  ₹6-7 Lakhs (for 2   years)  ₹10-12 Lakhs per   annum
 4.  Bihar Institute of Business   Management (BIBM)  ₹3-4 Lakhs (for 2   years)  ₹6-8 Lakhs per annum
 5.  Xavier Institute of Social Service   (XISS), Ranchi (Patna Campus)  ₹5-6 Lakhs (for 2   years)  ₹10-12 Lakhs per   annum
 6.  Amity University Patna  ₹5-6 Lakhs (for 2   years)  ₹7-9 Lakhs per   annum
 7.  International School of Management   (ISM) Patna  ₹4-5 Lakhs (for 2 years)  ₹6-8 Lakhs per annum
 8.  Amity University Patna  ₹5-6 Lakhs (for 2   years)  ₹7-9 Lakhs per   annum

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Distance/Online MBA Colleges in Patna

It is difficult to hold a job and pursue a full-time MBA at the same time. And when it comes to scoring well in an MBA, it becomes even more difficult. Even if someone works at night and studies in the morning, it has a huge downside. Fear not. Patna has such MBA Colleges that offer quality distance education. So, why burden yourself if top-notch online MBA colleges are available in Patna, providing students with a phenomenal learning experience through digital means of communication. These are some highly recommendable distance and online MBA colleges in Patna.

 

   College Name  Mode of Study  Specializations Offered
1. Indira Gandhi National Open University (IGNOU)
 Distance   Learning  General Management, HR,   Marketing, Finance, IT
 2.  Sikkim Manipal University   (SMU)  Distance Learning  Marketing, HR, Finance, Operations, IT
 3.  Narsee Monjee Institute of   Management Studies (NMIMS)   Global  Online Learning  Marketing, HR, Finance, Operations, International Business
 4.  Amity University Online  Online Learning  Marketing, HR, Finance, Operations, Entrepreneurship
 5.  Institute of Management Technology (IMT) Ghaziabad  Online Learning  General Management, Marketing, HR, Finance
 6.  Symbiosis Centre for Distance   Learning (SCDL)  Distance Learning  General Management, HR,   Marketing, Finance, IT
 7.  Welingkar Institute of Management Development (WeSchool)
 Online Learning  Marketing, HR, Finance, Operations
 8.  Lovely Professional University   (LPU) Online  Online Learning  Marketing, HR, Finance,   Operations

 


Writen By:

Pawan Rawat

Pawan Rawat

Pawan Rawat is a full-stack content writer with expertise in crafting research-based educational blogs and articles, paying close attention to detail. He has mastered the art of creating SEO-optimized content for websites. When he's not working to pay the bills, he spends his time lifting weights at the gym, clicking random photos, reading books, or planning his next adventure.