5 mins | Vaishali Pandey

Top MBA Colleges in Bihar

There are over 50 MBA colleges in Bihar, with 20 government-run institutions and 19 privately owned. These colleges accept popular entrance exams like CAT, MAT, CMAT, and XAT, offering students multiple pathways to admission. Some of the top MBA colleges in Bihar include IIM Bodh Gaya, Chandragupt Institute of Management, ISM Patna, Patna University, LNMU, and Nalanda University. This blog covers their rankings, admission process, fees, and placements, helping you choose the right institute for your MBA journey.

By the end of this blog, you will know

  • A comprehensive list of private and government MBA colleges in Bihar, their fees, eligibility criteria, and specialisations.
  • Insights into accepted entrance exams like CAT, MAT, XAT, and CMAT, along with colleges that offer direct admissions.
  • Key details about tuition fees, average placement packages, top recruiters, and the highest salary offered by leading MBA colleges in Bihar.

MBA Colleges in Bihar 2025: Key Highlights

Pursuing an MBA in Bihar offers students the opportunity to gain strong analytical, leadership, and decision-making skills essential for the corporate world. 

Below is an overview of some important aspects of MBA education in Bihar, including the number of colleges, fee structures, top specialisations, and accepted entrance exams.

Parameters

Details

Total Number of MBA Colleges

50+

Accepted Entrance Exams

CAT, MAT, CMAT, XAT, and more

Annual Fee Structure

- Below ₹1 Lakh: 12 Colleges

- ₹1-2 Lakh: 14 Colleges

- ₹2-3 Lakh: 8 Colleges

- ₹3-5 Lakh: 5 Colleges

- Above ₹5 Lakh: 7 Colleges

Popular Specialisations

Finance, Human Resources, Marketing, Operations, Business Analytics, International Business, and more. 

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Top-Ranked MBA Colleges in Bihar (NIRF 2024)

The National Institutional Ranking Framework (NIRF) ranks educational institutions based on parameters like teaching quality, research output, placements, and overall performance. These rankings help students assess the best colleges for their MBA aspirations in Bihar. Below is an updated list of MBA colleges in Bihar with their rankings over the past three years.

College Name

NIRF 2024

NIRF 2023

NIRF 2022

IIM Bodh Gaya

33

53

73

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Top 10 MBA Colleges in Bihar with Seat Intake

Bihar has 56+ MBA colleges offering specialised management programs for aspiring professionals. The institutions provide varied seat capacities, ensuring ample opportunities for students across different domains. Below is the updated list of top MBA colleges in Bihar, along with their respective seat intake:

MBA College

Total MBA/PGDM Seats

Sandip University

2,160+

Patna University

435+

Lalit Narayan Mishra Institute of Economic Development and Social Change

355+

Aryabhatta Knowledge University

300+

IIM Bodh Gaya

380+

Chandragupt Institute of Management

120+

International School of Management

120+

Vaishali Institute of Business and Rural Management

77+

Tilak Manjhi Bhagalpur University

60+

Lalit Narayan Mithila University

60+

Private Top MBA Colleges in Bihar with Fee Structure

Several private institutions in Bihar offer MBA programs with specialisations in Finance, Marketing, HR, and more. The tuition fees for these colleges vary based on infrastructure, faculty, and placement opportunities.

Private Colleges

Total Tuition Fees

IIBM – Indian Institute of Business Management

₹80,000 – ₹3 Lakh

VIBRM – Vaishali Institute of Business and Rural Management

₹3 Lakh

Gopal Narayan Singh University

₹3 Lakh

J.D. Women’s College

₹70,000

Dr. C.V. Raman University

₹90,000

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Government Best College for MBA in Bihar

For students looking for affordable yet high-quality MBA programs, government MBA colleges in Bihar offer excellent academic exposure with reasonable tuition fees. These institutions provide strong faculty, industry-relevant curriculum, and placement opportunities, making them a preferred choice for many aspirants. Below is a detailed fee structure for leading government B-schools in Bihar.

Public/Government Colleges

Total Tuition Fees

Patna University

₹18,000 – ₹2 Lakh

Tilka Manjhi Bhagalpur University (TMBU)

₹1 Lakh

Lalit Narayan Mithila University (LNMU)

₹1 Lakh

Chandragupt Institute of Management

₹6 Lakh – ₹8 Lakh

IIM Bodh Gaya

₹10 Lakh

Region-Wise Distribution of Best MBA Colleges in Bihar

Bihar has several MBA colleges spread across different cities, each offering specialised programs and industry-relevant training. Below is a location-wise classification of top MBA colleges in Bihar.

City/Region

Number of Colleges & Notable Institutes

Patna

23 (Including Chandragupt Institute of Management, ISM Patna, Patna University, etc.)

Muzaffarpur

4 (Includes Institute of Administrative Studies, Babasaheb Bhimrao Ambedkar Bihar University, etc.)

Gaya

4 (Institutes like IIM Bodh Gaya, Magadh University, Gaya College, etc.)

Nalanda

2 (Nalanda University, KK University)

Vaishali

2 (Dr. C.V. Raman University, Indu Devi Ranjeet Kumar Prakash Professional College)

MBA Colleges in Bihar Accepting CAT Scores

CAT (Common Admission Test) is one of the most competitive exams for MBA admissions in India. Several institutes in Bihar accept CAT scores for admission to PGDM/MBA programs.

MBA Colleges in Bihar Accepting MAT Scores

MAT (Management Aptitude Test) is a widely accepted national-level entrance exam conducted four times a year. It provides an opportunity for students to gain admission into top B-schools across India.

Institute Name

Total Fees (INR)

Development Management Institute

₹6,00,000

Lalit Narayan Mishra Institute of Economic Development & Social Change

₹1,60,000

International School of Management

₹2,17,000

Indian Institute of Business Management (IIBM)

₹3,15,000

Lalit Narayan Mithila University

₹1,10,000

Patna University

₹54,000

MBA Colleges in Bihar: Cutoff Scores 

Admission to top MBA colleges in Bihar is highly competitive, with cutoff scores playing a crucial role in the selection process. Below is an overview of cutoff scores for some of the leading MBA colleges in Bihar, along with the exams they accept.

College Name

Accepted Exam(s)

Cutoff Percentile

IIM Bodh Gaya

CAT

90+

Aryabhatta Knowledge University, Patna

CAT, MAT

75+ (CAT), 70+ (MAT)

Mahatma Gandhi Central University, Motihari

CUET PG

53-58

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Top Business Schools in Bihar: Fees vs Salary & Return on Investment (ROI)

One of the most important factors while choosing an MBA college is the Return on Investment (ROI)—which evaluates how much a student gains from placements compared to the tuition fees paid. Below is a breakdown of MBA colleges in Bihar, their tuition fees, and the average annual salary students receive after graduation.

College Name

Total Tuition Fees

Annual Average Salary

IIM Bodh Gaya

₹10 Lakh

₹16 LPA

Chandragupt Institute of Management

₹6 Lakh – ₹8 Lakh

₹6 LPA

Birla Institute of Technology, Mesra

₹5 Lakh

₹5 LPA

Anugrah Narayan College

₹2 Lakh

₹3 LPA

Patna University

₹18,000 – ₹2 Lakh

₹4 LPA

Not sure if pursuing an MBA is financially rewarding? Use the MBA ROI Calculator to compare potential salary growth and long-term career benefits.

Highest Salary Packages in MBA Colleges in Bihar

Many top recruiters actively hire from Bihar’s leading MBA colleges, offering attractive salary packages. The table below provides insights into the highest annual salaries offered and key recruiting companies.

College Name

Highest Annual Salary

Top Recruiters

IIM Bodh Gaya

₹16 LPA

BNY Mellon, CRISIL, Adani Group, SBI Capital Markets

Chandragupt Institute of Management

₹6 LPA

ICICI Bank, ITC Ltd., GYR Capital Advisors, FMCG Sproutlife Foods Pvt. Ltd.

Top MBA Colleges in Bihar with Low Fees

For students looking for budget-friendly MBA programs, several Bihar colleges offer quality management education at a lower cost. The following institutions have tuition fees below ₹1 lakh, making them an excellent choice for students seeking an affordable yet valuable MBA program.

MBA Colleges

Total Tuition Fees

Mahatma Gandhi Central University

₹49,000

IIBM – Indian Institute of Business Management

₹80,000

Magadh Professional Institute

₹76,000

Patna University

₹18,000 – ₹76,000

Top MBA Specialisations in Bihar

Top MBA Specialisations in Bihar

Choosing the right MBA specialisation is crucial for a successful career in management. Below is an overview of the top specialisations offered by MBA colleges in Bihar along with the number of institutes providing them.

MBA Specialisation

Number of Colleges Offering

Sales & Marketing

14

Finance

14

Human Resources (HR)

12

Operations Management

7

IT & Systems

4

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Admission Process for MBA Colleges in Bihar

To pursue an MBA in Bihar, candidates must meet specific eligibility criteria set by different institutions. Below are the common admission requirements:

1. Bachelor’s Degree

To be eligible, candidates need a bachelor's degree from an accredited university with a minimum of 50% marks. Reserved category applicants may receive relaxation as per institutional policies.

2. Entrance Exam Scores

Many institutes consider scores from CAT, CMAT, MAT, or other national-level entrance exams to shortlist candidates.

3. Cutoff Criteria

Admission is based on meeting the minimum cutoff marks set by individual colleges.

Entrance Exams Accepted by Top MBA Colleges in Bihar

To secure admission into MBA colleges in Bihar, students must appear for national-level entrance exams. Below is a breakdown of accepted entrance exams, the number of colleges considering them, and cutoff predictors to help aspirants plan better.

Upcoming Important Dates for MBA Admissions

Several national-level management entrance exams are accepted for MBA admissions in Bihar. Each exam has a different pattern, mode, and schedule. Below are key details:

Exam Name

Dates

CAT Exam

30 Nov 2025

MAT Exam

February, May, September, and December

Pursuing an MBA in Bihar can be a strategic decision for students looking for quality education, affordable tuition fees, and strong placement opportunities. With institutions like IIM Bodh Gaya, Chandragupt Institute of Management, and Patna University, the state offers diverse options catering to different budgets and career aspirations. When selecting a college, consider factors such as entrance exam cutoffs, tuition fees, specialisations, and placement records. With the right choice, an MBA from Bihar can open doors to rewarding opportunities in the corporate world.

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Frequently Asked Questions

How do I stay updated on admission notifications for MBA colleges in Bihar?

Regularly visiting the official websites of the colleges and subscribing to their newsletters can help you stay informed about admission updates.

What is the medium of instruction in MBA colleges in Bihar?

The medium of instruction for MBA programs in Bihar is primarily English.

Are there any MBA colleges in Bihar with international collaborations?

A few institutions in Bihar have partnerships with international universities, offering global exposure to their MBA students.

Can I pursue an MBA in Bihar without appearing for entrance exams?

Some institutions may offer direct admissions based on academic performance, but most reputable colleges require entrance exam scores.

Do MBA colleges in Bihar have industry tie-ups for internships?

Many MBA colleges in Bihar collaborate with industries to provide internship opportunities, enhancing practical exposure for students.

What is the duration of MBA programs in Bihar?

Standard MBA programs in Bihar typically span two years, divided into four semesters.

Are there any distance learning MBA programs available in Bihar?

Yes, certain universities in Bihar offer distance learning MBA programs for students who require flexibility in their studies.

What is the duration of MBA programs in Bihar?

Common specialisations include Finance, Marketing, Human Resources, Operations Management, and Information Technology.

Do MBA colleges in Bihar offer scholarships?

Some institutions provide scholarships based on merit or financial need. It's recommended to inquire directly with the colleges about available scholarship opportunities.

How can I apply for MBA programs in Bihar?

Applications are typically submitted online through the respective college websites. The process usually involves filling out an application form, submitting required documents, and providing entrance exam scores.