5 mins | Vaishali Pandey

Top MBA Colleges in Jharkhand

The MBA (Master of Business Administration) program provides advanced business and management training, preparing students for leadership roles. Jharkhand has 40+ MBA colleges, including 28 private and 9 government institutions. Admission is based on entrance exams like CAT, XAT, MAT, CMAT, and ATMA. 

Top colleges include XLRI Xavier School of Management, IIM Ranchi, IIT Dhanbad (ISM), BIT Mesra, Xavier Institute of Social Service, Netaji Subhas University, Usha Martin University, Marwari College, Central University of Jharkhand, and Amity University Ranchi.

By the end of this blog, you will know

  • The top MBA colleges in Jharkhand, along with their rankings, fees, and admission process.
  • The eligibility criteria and entrance exams required for MBA admissions, such as CAT, XAT, and MAT.
  • The various MBA specialisations, course fees, average salaries, and top recruiters

MBA Colleges in Jharkhand: Highlights

The following table provides key highlights of MBA colleges in Jharkhand:

Parameters

Details

Number of MBA Colleges

40+

Annual Fees

INR 32,000 - 20 lakhs

Top MBA Colleges in Jharkhand

XLRI - Xavier School of Management, Jamshedpur

Indian Institute of Management - IIM Ranchi

Indian Institute of Technology - IIT, Dhanbad

Top Specialisations

MBA in Finance

MBA in Human Resources

MBA in Sales and Marketing

MBA in International Business

Accepted Entrance Exams

CAT

CMAT

MAT

XAT

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MBA Colleges in Jharkhand with NIRF Rank

Jharkhand has several prestigious MBA colleges that have secured rankings in the National Institutional Ranking Framework (NIRF). Below is a list of top MBA colleges in the state, along with their course fees and NIRF rankings.

College Name

Course Fee

NIRF 

XLRI - Xavier School of Management, Jamshedpur

INR 15 lakh – INR 59 lakh

9th

Indian Institute of Management - IIM Ranchi

INR 17.5 lakhs

17th

Indian Institute of Technology, Dhanbad

INR 3 lakh

46th

Birla Institute of Technology, Mesra

INR 6 lakhs

107th

Top 10 MBA Colleges in Jharkhand: Fee, Entrance Exam and Specialisation

Below is a list of the top MBA colleges in Jharkhand with fee structure, entrance exams, and specialisations.

College Name

Course Fees

Entrance Exams

MBA Specialisation

XLRI - Xavier School of Management, Jamshedpur

INR 15 lakh – INR 59 lakh

XAT

  • Business Management
  • General MBA
  • HR Management
  • Innovation, Entrepreneurship, and Venture Creation
  • Economics
  • Strategic Management
  • IT Management
  • Production, Operations & Decision Sciences
  • Finance Management
  • Organisational Behaviour
  • Marketing Management

Indian Institute of Management - IIM Ranchi

INR 17.5 lakhs

CAT

  • HR Management
  • Business Analytics
  • Accounting & Finance
  • Economics
  • Operations Management
  • General MBA
  • Organisational Behaviour & HR Management
  • Information Systems & Business Analytics
  • Marketing Management
  • Strategic Management

Indian Institute of Technology, Dhanbad

INR 3 lakh

CAT

  • Business Analytics
  • General MBA

Birla Institute of Technology, Mesra

INR 6 lakhs

CAT

MAT

XAT

CMAT

  • Finance Management
  • HR Management
  • Marketing Management
  • IT & Operations
  • Business Analytics
  • Hospitality Management
  • Operations & Manufacturing
  • Insurance and Bank Management

Amity University, Ranchi

INR 7-13 lakhs

Based on Graduation Marks

  • International Business
  • Family Business and Entrepreneurship
  • Telecommunications Management

ICFAI University, Ranchi

INR 2.5 lakhs

Based on General Eligibility

  • Marketing Management
  • Banking & Insurance Management
  • Finance Management
  • HR Management
  • IT & Systems Management
  • Operations Management

Xavier Institute of Social Service, Ranchi

INR 8.9 lakhs

CAT

XAT

CMAT

  • Rural Management
  • IT Management
  • Marketing Management
  • Finance Management
  • HR Management

Netaji Subhas University, Jamshedpur

INR 3 lakhs

CAT

XAT

MAT

  • Finance Management
  • Marketing
  • HR Management
  • IT Management
  • Hospitality Management
  • Retail Management
  • Operations Management
  • Material Management
  • Rural Management
  • Production Planning & Event Management
  • Supply Chain Management
  • International Business

ARKA Jain University

INR 3.8 lakhs

CAT

MAT

XAT

CMAT

AJU CET

  • Marketing Management
  • Finance Management
  • HR Management

Usha Martin University

INR 3.93 lakhs

CUET-PG

  • Finance Management
  • Marketing Management
  • HR Management

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Private MBA Colleges in Jharkhand

Here are the top private MBA colleges in Jharkhand, their seat availability, and course fees.

Private Colleges

Seats

Course Fee

XLRI - Xavier School of Management, Jamshedpur

180

INR 15 lakh – INR 59 lakh

Birla Institute of Technology, Mesra 

120

INR 6 lakh

Capital University, Jharkhand

120

INR 2 lakh

Netaji Subhas University 

120

INR 3 lakh

Jharkhand Rai University

60

INR 1.5 lakhs

Usha Martin University

60

INR 4 lakh

AISECT University, Hazaribagh

60

INR 1 lakh

ARKA Jain University, Seraikela

120

INR 4 lakhs

Cambridge Institute of Technology, Ranchi

30

INR 1.6 lakhs

Nilai Educational Trust Group of Institutions, Ranchi

48

INR 1.28 lakhs

Government MBA Colleges in Jharkhand

Government colleges in Jharkhand offer excellent academic opportunities at lower fees. Below is a list of the top government MBA colleges, their seat intake, and course fees.

Public/Government Colleges

Seats

Course Fee

Indian Institute of Management - IIM Ranchi 

253

INR 15 lakh – INR 16 lakh

Indian Institute of Technology, Dhanbad 

92

INR 3 lakh

Central University of Jharkhand 

66

INR 78,000

Dr. Shyama Prasad Mukherjee University, Ranchi 

39

INR 80,000

Birsa Agricultural University 

40

INR 29,000

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Top MBA Colleges in Jharkhand with Low Fees

Several reputed institutions offer quality education at a lower cost for students seeking an affordable MBA in Jharkhand. Below are some of the top MBA colleges in Jharkhand with low fees:

Top MBA Colleges in Jharkhand with Low Fees

Course Fee

Central University of Jharkhand

INR 78,000

Marwadi College

INR 83,000

Dr. Shyama Prasad Mukherjee University, Ranchi

INR 80,000

Birsa Agricultural University

INR 29,000

AISECT University

INR 18,000

MBA Colleges in Jharkhand: Return on Investment

Choosing the right MBA college involves evaluating the Return on Investment (ROI), which compares course fees with the average post-graduation salary. Here are some of the top MBA colleges in Jharkhand with a strong ROI.

College Name

Course Fees

Average Salary

XLRI - Xavier School of Management, Jamshedpur

INR 15 lakh – INR 59 lakh

INR 30 LPA

Indian Institute of Management - IIM Ranchi

INR 17.5 lakhs

INR 17 LPA

Indian Institute of Technology, Dhanbad

INR 3 lakh

INR 11.76 LPA

Birla Institute of Technology, Mesra

INR 6 lakhs

INR 11 LPA

Amity University, Ranchi

INR 7-13 lakhs

INR 6.4 LPA

ICFAI University, Ranchi

INR 2.5 lakhs

INR 10 LPA

Xavier Institute of Social Service, Ranchi

INR 8.9 lakhs

INR 5.3 LPA

Netaji Subhas University, Jamshedpur

INR 3 lakhs

INR 5.95 LPA

ARKA Jain University

INR 3.8 lakhs

INR 6.5 LPA

Usha Martin University

INR 3.93 lakhs

INR 4 LPA

Use the MBA ROI Calculator to evaluate the return on investment for your MBA. Compare tuition costs, potential salaries, and financial benefits to make a well-informed decision about your future.

MBA Colleges in Jharkhand: Salary and Top Recruiters

A strong salary package and reputed recruiters are crucial in selecting an MBA college. Below are the top MBA colleges in Jharkhand, their average salaries, and leading recruiters.

College Name

Average Salary

Top Recruiters

XLRI - Xavier School of Management, Jamshedpur

INR 30 LPA

Aditya Birla Group

Bajaj Allianz

Axis Bank

Bain & Co

Airtel

Indian Institute of Management - IIM Ranchi

INR 17 LPA

Asian Paints

DHL

Citi Bank

Amazon

McKinsey & Co

Indian Institute of Technology, Dhanbad

INR 11.76 LPA

HCL

PwC

Barclays

Ernst & Young

Federal Bank

Birla Institute of Technology, Mesra

INR 11 LPA

Mahindra

Exide

Hero

Milan

Oracle

Amity University, Ranchi

INR 6.4 LPA

Microsoft

Sony

Philips

Dabur

Nokia

ICFAI University, Ranchi

INR 10 LPA

HDFC Bank

Axis Bank

Dalmia

Reliance Energy

Wipro

Xavier Institute of Social Service, Ranchi

INR 5.3 LPA

Bandhan bank

Maruti Suzuki India

ICICI Lombard

Reliance Industries Ltd

Satya Micro Capital Ltd.

Netaji Subhas University, Jamshedpur

INR 5.95 LPA

HDFC Bank

Muthoot Finance

TCS

Marriott

Deloitte

ARKA Jain University

INR 6.5 LPA

Capgemini

Flipkart

Goldman Sachs

Infosys

Bank of America

Usha Martin University

INR 4 LPA

Outlook

Prism Cement

Micro Turners

Spandana

Pantaloons

MBA Colleges in Jharkhand: Region-Wise

Jharkhand has several reputed business schools offering quality management education. Below is a city-wise list of some top MBA colleges, their course fees, and entrance exams.

Business Schools in Ranchi

Ranchi has 26 MBA institutions, including IIM Ranchi and BIT Mesra, known for their excellent academic programs and placement opportunities. Here are top 6:

College Name

Course Fee

Entrance Exams

Indian Institute of Management - IIM Ranchi

INR 15 - 17 lakhs

CAT

IPMAT

SAT India

Xavier Institute of Social Service

INR 8.9 lakhs

CMAT

CAT

XAT

Usha Martin University

INR 3.6 lakh

CUET-PG

Birla Institute of Technology, Mesra

INR 6 lakhs

CMAT

CAT

MAT

XAT

Amity University, Ranchi

INR 7-13 lakhs

CUET

CBSE 12th

JAC 12th

Central University of Jharkhand

INR 78,000

CUET-PG

Choosing the right MBA college is crucial for your career success. Discover the best MBA colleges in Ranchi and compare rankings, admission criteria, and course offerings to make an informed decision. 

Business Schools in Jamshedpur

Jamshedpur has 7 of India’s top management schools and other reputed institutions offering industry-focused MBA programs. Here are top 5:

College Name

Course Fee

Entrance Exams

XLRI - Xavier School of Management, Jamshedpur

INR 15 - 59 lakhs

XAT

ARKA Jain University

INR 4.5 lakhs

CMAT

CAT

MAT

XAT

Netaji Subhas University

INR 3 lakhs

CAT

MAT

XAT

Srinath University

INR 2.8 lakhs

CAT

MAT

CMAT

Jamshedpur Women's College, Kolhan University

INR 30,000 - 62,000

CMAT

CAT

MAT

XAT

ATMA

Business Schools in Chaibasa

College Name

Course Fees

Entrance Exams

Kolhan University, Chaibasa

INR 3.58 lakhs

MAT

XAT

CAT

CMAT

ATMA

Chaibasa Engineering College, Techno India Group, Chaibasa

INR 65,000

Techno National Joint Entrance Examination (TNJEE)

Business Schools in Dhanbad

College Name

Course Fee

Entrance Exam

Indian Institute of Technology, Dhanbad

INR 3 lakhs

CAT

Business Schools in Bokaro Steel City

College Name

Course Fee

Entrance Exam

Guru Gobind Singh Educational Society's Technical Campus

INR 1.5 lakhs

CAT

MAT

XAT

ATMA

Business Schools in Ramgarh

College Name

Course Fee

Entrance Exam

Radha Govind University

INR 1.4 lakhs

CAT

MAT

XAT

Business Schools in Hazaribagh

College Name

Course Fee

Entrance Exam

AISECT University

INR 18,000 - 1 lakh

AJEE

Top MBA Colleges in Jharkhand: Exam-Wise

Different MBA colleges in Jharkhand accept various entrance exams for admission. Below is a list of the top MBA colleges in Jharkhand categorised by entrance exams.

Best MBA Colleges in Jharkhand Accepting CAT Exam

The Common Admission Test (CAT) is one of the most widely accepted MBA entrance exams in India. Here are the leading MBA colleges in Jharkhand that consider CAT scores for admission.

MBA Colleges in Jharkhand: Specialisation Wise

Choosing the right specialisation is crucial for your MBA journey. Below is a list of the top MBA colleges in Jharkhand based on specialisation.

Business Schools in Jharkhand for Finance

College Name

Course Fee

Birla Institute of Technology, Mesra

INR 6 lakhs

Indian Institute of Management - IIM Ranchi

INR 17.5 lakhs

Ranchi University

INR 3000

Cambridge Institute of Technology

INR 6 lakhs

ICFAI University, Ranchi

INR 2.4 lakhs

Business Schools in Jharkhand for Marketing

College Name

Course Fee

Birla Institute of Technology, Mesra

INR 6 lakhs

Indian Institute of Management - IIM Ranchi

INR 17.5 lakhs

Ranchi University

INR 3000

Sai Nath University

INR 10 lakhs

Indian of Science and Management, Ranchi

INR 3.3 lakhs

Executive MBA Colleges in Jharkhand

Here are some of the top Executive MBA colleges in Jharkhand, along with their course fees:

College Name

Course Fee

IIM Ranchi

INR 12 lakhs

ISM Dhanbad

INR 6 lakhs

ICFAI University, Ranchi

INR 2.3 lakhs

YBN University, Ranchi

INR 56,000

AISECT University, Hazaribagh

INR 50,000

Chhota Nagar Institute of Information Technology & Management, Dhanbad

INR 59,000

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MBA Colleges in Jharkhand: Eligibility Criteria

To secure admission to an MBA program in Jharkhand, candidates must meet the following eligibility requirements:

  • A bachelor’s degree in any discipline from a recognised university or institution with a minimum aggregate of 50%.
  • Most MBA colleges in Jharkhand accept scores from national-level entrance exams like CAT, XAT, CMAT, or MAT. Candidates must meet the minimum cutoff set by the respective colleges.

Entrance Exam Accepted by Top MBA Colleges in Jharkhand

Different MBA colleges in Jharkhand accept scores from various management entrance exams. The table below provides details on the number of colleges accepting each exam.

Entrance Exams

Number of Colleges

CAT

18

XAT

14

MAT

13

CMAT

11

ATMA

5

MBA colleges in Jharkhand provide quality education, various specialisations, and good industry connections. Students can choose from top institutes like XLRI and IIM Ranchi or affordable government colleges. Strong placements and good salary packages make pursuing an MBA in Jharkhand an excellent choice for future business leaders.

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Frequently Asked Questions

What are the career prospects after completing an MBA in Jharkhand?

Graduates from top MBA colleges in Jharkhand have opportunities in the finance, marketing, operations, HR, and consulting sectors. Companies like TCS, Deloitte, Infosys, HDFC Bank, and Accenture actively recruit MBA graduates from reputed institutes.

Does XLRI Jamshedpur accept CAT scores?

No, XLRI Jamshedpur does not accept CAT scores. Admission is based on the Xavier Aptitude Test (XAT), which is conducted in January, with registrations starting in August. The only other accepted exam is the GMAT for PGDM BM, GM, and HRM courses.

Which college is best for an MBA in Jamshedpur?

Some of the top MBA institutes in Jamshedpur include:RVS College of Engineering and TechnologyNetaji Subhas UniversityArka Jain UniversitySkyway Career HubSrinath University

What is the MBA fee at IIM Ranchi?

The total fee for MBA, MBA-HR, and MBA-BA programs at IIM Ranchi for the 2023-25 batch is Rs. 17.20 lakh (excluding caution deposit, alumni fee, and mess expenses).

Is an MBA available at XLRI Jamshedpur?

Yes, XLRI Jamshedpur offers an MBA-equivalent PGDM program. It is ranked 9th in the NIRF rankings and provides scholarships to students to manage high tuition fees.

Can I study MBA directly without entrance exams?

Yes, direct admission to an MBA is possible in many colleges. The selection is usually based on academic performance, work experience, and extracurricular activities.

Is an MBA without CAT a good option?

While many top business schools prefer candidates who appear for CAT, MAT, or XAT, there are also reputed B-schools offering Direct MBA admissions without CAT. However, these may have different selection criteria.

Can I study MBA directly without entrance exams?

The total tuition fee for the MBA program at BIT Mesra is INR 6,04,000. Additionally, students must pay a one-time admission fee of INR 30,000.

Can I join an MBA program without an entrance exam?

Yes, many colleges and B-schools offer direct MBA admissions based on academic performance, graduation marks, and other criteria, without requiring an entrance exam.

Which is the biggest college in Jharkhand?

Nilamber Pitamber University (NPU), Palamu is one of the largest universities in Jharkhand. It manages and operates several colleges across Palamu and nearby districts like Garhwa and Latehar.