MBA Colleges in Ranchi, Jharkhand: Rank, Fees, Placement, & Admission
Being the capital of Jharkhand, Ranchi has rapidly progressed and emerged as a growing hub for higher education, along with being one of the epicenters of academic excellence. With over 20+ world-class institutions, including private universities and government colleges, the city of waterfalls (Ranchi) has become an ideal destination to find your perfect B-school that meets your academic, career, and personal development goals. Talking about the admission criteria, most colleges accept students on the basis of merit and scores in national-level entrance exams such as CAT, MAT, CMAT, and XAT, among others.
Whenever we talk about the best MBA colleges in Ranchi, institutions like Xavier Institute of Social Service, Central University of Jharkhand, Amity University, and Marwari College often come to mind. The reason is that these colleges are considered to have a strong reputation, experienced faculty, solid placement records, and well-structured MBA programs. However, there are over 15 other institutions in the city offering MBA programs, which adds to the confusion and makes it even more challenging for students to choose the one that best aligns with their academic goals and career aspirations.
As it is difficult to suggest one college for MBA, we have put together the list of best and top MBA colleges in Ranchi for the students in the content below. You can choose any of these colleges for admission in accordance with your personal and professional aspirations.
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Top 10 MBA Colleges in Ranchi - Certified and Approved MBA Colleges in Ranchi
The long list of top MBA colleges and universities in Ranchi is marked by several well-accredited, government-approved, and highly certified institutions. When you know the names of colleges that are not only officially recognized on paper but also consistently deliver quality education, strong industry connections, and successful placement outcomes, your MBA journey becomes even more rewarding and secure. These are the top MBA institutions where getting admission is a safe and smart investment for both your career and future.
|
Institute |
Approvals / Accreditations |
|
Indian Institute of Management Ranchi (IIM Ranchi) |
Created by Act of Parliament, autonomous; NIRF ranked ~17 for Management in 2024. |
|
Birla Institute of Technology, Mesra (BIT Mesra) |
UGC recognized, AICTE approved, NAAC “A” grade. |
|
Xavier Institute of Social Service (XISS Ranchi) |
AICTE approved PGDM programmes; NBA accredited; AIU equivalence with MBA degrees. |
|
Amity University, Ranchi |
UGC recognized private university; MBA programme aligned with AICTE norms. |
|
Central University of Jharkhand (CUJ Ranchi) |
Central University; UGC‑recognized; NAAC grade “A” (2025) as per sources. |
|
ICFAI University, Jharkhand |
UGC recognized under Section 2(f); member AIU; offers MBA. |
|
Usha Martin University (UMU, Ranchi) |
Private university; UGC/AIU recognized; MBA programme offered via Faculty of Business Management. |
|
Jharkhand University of Technology (JUT, Ranchi) |
Public technical university; AICTE/UGC approved for management programmes. |
|
Institute of Science & Management (ISM, Ranchi) |
AICTE approved MBA programme. |
|
Doranda College (Ranchi) |
Affiliated to Ranchi University; NAAC accredited (“B+” grade) and offers MBA in its Faculty of Management Studies. |
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Best MBA Colleges in Ranchi with Ranking
These days, it’s easy to find MBA colleges anywhere in the world using the internet. However, finding a top-ranked management university that stands out for its quality of education, infrastructure, and curriculum remains a challenge.
Fear not! At My Campus Review, we understand the importance of rankings. We believe students should know whether the colleges they’re considering have ever been featured in any reputable ranking list. Here’s what we found about the rankings of MBA colleges in Ranchi.
|
Institute |
NIRF / Media Ranking Details |
Notes / Comments |
|
Indian Institute of Management Ranchi (IIM Ranchi) |
NIRF Management: 17 (2024) NIRF: 24 (2023)
|
Strongest in Ranchi; widely recognized.
|
|
Birla Institute of Technology, Mesra (BIT Mesra) |
NIRF Management: ~90 (2024) NIRF: 77 (2023) |
Good option in region; less strong compared to IIM. |
|
Xavier Institute of Social Service (XISS Ranchi) |
Media ranking: Top 100 in India (NIRF band) |
Reputation in Ranchi; exact national ranking band not fully clear. |
|
Amity University, Ranchi |
NIRF ranking band: 101‑125 (2024) |
Shows presence at national level but lower band. |
|
Central University of Jharkhand (CUJ Ranchi) |
Featured in top 10 universities in Ranchi by multiple online portals |
Important institutional choice locally though national rank data is limited. |
|
Usha Martin University (Ranchi) |
Counted among private institution in Ranchi |
Top rising private university |
Note: The rankings of MBA colleges in Ranchi provided above are indicative and based on publicly available information from the internet. They are meant to give a general idea about the universities; actual data and figures may vary.
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MBA Colleges in Ranchi with Fees - Affordable & Convenient Fee Structure
Selecting a cost-effective institution can lead you to have peace of mind during study, on the other hand, expensive colleges may have the opposite effects. Therefore, it may be the best strategy to stick to the affordable MBA instructions while looking for the same. These are colleges for MBA in Ranchi which emphasize the cost-effective education without compromising the quality.
|
College |
Total Tuition Fee (Approx.) |
|
Indian Institute of Management Ranchi (IIM Ranchi) |
~ ₹ 15 lakh – ₹ 19 lakh |
|
Birla Institute of Technology, Mesra (MBA programme) |
~ ₹ 6 lakh |
|
Amity University, Ranchi |
~ ₹ 3 lakh – ₹ 14 lakh |
|
Usha Martin University (Ranchi) |
~ ₹ 4 lakh |
|
Central University of Jharkhand (CUJ) |
~ ₹ 78,000 |
|
Marwari College, Ranchi |
~ ₹ 83,000 |
|
S. N. Sinha Institute of Business Management (SNISBM) |
~ ₹ 5.76 lakh |
Note: The fees of MBA colleges in Ranchi mentioned above is subject to change at the discretion of the university. For the latest updates or any possible changes in fees, please check the university's official website.
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MBA Colleges in Ranchi with Best Placement, Salary Packages, and Top Recruiters
Affordable fees and reputation are not the only factors that make Ranchi’s MBA institutions the right choice for you. In addition to being budget-friendly and well-regarded, many MBA colleges and universities in Ranchi also boast strong placement records. Most institutions offer a comprehensive job and career support system for students, helping them secure positions in reputed companies through campus placements, internships, industry tie-ups, and career counseling. To help you step into the corporate world with strong academic foundation, we have brought to you the list of top MBA colleges with good placement and salary packages.
|
College |
Placement |
Average (or Approx) Salary |
Top Recruiters |
|
Indian Institute of Management Ranchi (IIM Ranchi) |
Excellent (100% placement for MBA batch 2024‑25) |
~ ₹ 19.29 LPA for MBA (2024‑25) |
EY; Amazon; Deloitte; Infosys; HSBC; Google; Emami; Capgemini |
|
Birla Institute of Technology, Mesra (BIT Mesra) |
85% placement record for MBA |
For MBA: data suggests around ₹ 7–11 LPA average (varies) |
Deloitte; Amdocs; Microsoft; Nestle; L&T; Cipla |
|
Xavier Institute of Social Service (XISS Ranchi) |
100% |
Human Resource Management: ~ ₹ 10.63 LPA, Marketing ~ ₹ 8.25 LPA for 2025 report |
Adani Group; Asian Paints; Hindustan Unilever; L&T Finance; Cognizant |
Note: The salary and placement figures of MBA Colleges in Ranchi mentioned above are indicative and meant to give a general idea about the universities. Actual data and figures may vary.
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Government MBA Colleges in Ranchi
With a wide range of programs and courses, Government MBA colleges in Ranchi cater to thousand of students. Whether you are looking for full time MBA Programs in Finance or Business Operation with industry aligned and rigorous curriculum, Government-run MBA institutions are available for your satisfaction with their expert and experienced faculty. Find below the list of most trusted MBA institutions run by the state Government of Jharkhand in Ranchi:
|
College Name |
Ownership / Type |
MBA Programme Fee (Approx) |
|
Indian Institute of Management Ranchi (IIM Ranchi) |
Central Government / Autonomous |
~ ₹ 15‑17 lakh
|
|
Central University of Jharkhand (CUJ, Ranchi) |
Central University |
~ ₹ 78,000 |
|
Dr. Shyama Prasad Mukherjee University (Ranchi) |
State University |
~ ₹ 1 Lakh |
|
Birsa Agricultural University (BAU, Ranchi) – MBA Agribusiness |
State University |
~ ₹ 1.65 lakh |
|
Institute of Management Studies, Ranchi University (IMS Ranchi) |
State University Constituent / Department |
~ ₹ 80,000 |
|
Doranda College (Ranchi) – Faculty of Management Studies |
Affiliated/State College |
~ ₹ 60,000 |
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Best Distance & Online MBA Colleges in Ranchi & Their Programs
Do you prefer studying at your own pace and in your own space while continuing to work? If so, a list of distance and online MBA colleges in Ranchi is exactly what you need. Built with a focus on flexibility, accessibility, and career advancement, the distance and online MBA institutions in Ranchi allow you to pursue your preferred MBA specialization without putting your professional life on hold. These programs enable you to earn a postgraduate degree while gaining real-world experience, making them ideal for working professionals. Here are some of the top choices for distance and online MBA colleges in Ranchi:
|
Ranchi University (Institute of Management Studies) |
Mode
|
Approx. Fees (INR)
|
|
Ranchi University (Institute of Management Studies) |
Offline/Hybrid |
₹80,000 (approx.) |
|
MITSDE |
Distance |
₹40,000–48,000/year |
|
IMTS Institute |
Distance |
₹25,000–50,000/year |
|
IGNOU |
Distance/Online |
₹62,000 total |
|
Amity University Ranchi |
Online |
₹1,65,000–₹1,70,000 total |
Note: The fee mentioned above are based on the online data and meant to give a general idea. Actual fee may vary. Please visit the official website of the universities.
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MBA Colleges in Ranchi and Their Admission and Eligibility Criteria
Most students know that an MBA is a postgraduate degree that requires an undergraduate degree to be eligible for admission to any management institution. However, what many students don’t realize is that there are additional terms and eligibility criteria that must also be met to secure a seat.
Failing to meet even one of these conditions can lead to the rejection of your application. While specific admission requirements may vary between MBA institutions, we’ve compiled the common eligibility criteria for admission to MBA colleges in Ranchi.
|
Eligibility Criteria |
Details |
|
Educational Qualification |
Bachelor’s degree in any discipline from a recognized university (minimum 50% marks or equivalent). Some colleges may have relaxation for reserved categories (SC/ST/OBC) |
|
Minimum Percentage Required |
Usually 50% aggregate marks in graduation (45% for reserved categories). |
|
Entrance Exam |
Admission mostly based on scores from national/state-level MBA entrance exams such as: - CAT (Common Admission Test) - MAT (Management Aptitude Test) - CMAT (Common Management Admission Test) - XAT (Xavier Aptitude Test) - Jharkhand State-level MBA Entrance Test (where applicable) - Other accepted exams like GMAT, ATMA, etc. |
|
Direct Admission |
Some colleges/universities may offer merit-based admission or management quota seats. |
|
Work Experience (Optional) & Age Limit |
Not mandatory for most MBA programs; some executive MBA programs may require relevant work experience (usually 2-3 years) & no upper age limit; |
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Writen By:
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.
