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

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
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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
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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)
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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)
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Online Learning | Marketing, HR, Finance, Operations |
8. | Lovely Professional University (LPU) Online | Online Learning | Marketing, HR, Finance, Operations |