5 mins | Vaishali Pandey

Top MBA Colleges in Ranchi

MBA colleges in Ranchi, such as the highly acclaimed IIM Ranchi, are redefining management education with exceptional academic standards and career outcomes. Ranked 17th in the NIRF Management Rankings 2024, IIM Ranchi has consistently delivered excellence with top placement packages.

Alongside IIM, institutes like XISS Ranchi and BIT Mesra offer a blend of affordable education and strong placement records, making Ranchi a growing hotspot for MBA aspirants. 

In this article, you will explore the fees, admission processes, and placement statistics of the top MBA colleges in Ranchi for 2025. 

By the end of this blog, you will know:

1. The top MBA colleges in Ranchi and what makes them stand out.

2. Comprehensive details about fees, admissions, and placements at these institutions.

3. Popular entrance exams accepted by top MBA colleges in Ranchi.

Top MBA Colleges in Ranchi: Key Highlights 2025

The table below highlights the key details of the top MBA colleges in Ranchi, including their fees, admissions process, and placement statistics for 2025. This comparison will help you make an informed decision when choosing the best institution for your MBA journey in Ranchi.

Aspects

Details 

Number of MBA Colleges

20+

Top MBA Colleges in Ranchi

Average Approx. Annual Fees

INR 78,000 - INR 17 Lakh

Admissions Criteria

  • Must hold a Bachelor's degree from a recognised university.
  • Unreserved category applicants need at least 50% aggregate marks, while SC/ST/OBC candidates must have a minimum of 45%.

Popular Specialisations

Accepted Entrance Exams

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Top MBA Colleges in Ranchi: NIRF Rankings

If you are aiming for an MBA program in Ranchi, the NIRF rankings provide a great starting point for choosing the best institution that aligns with your goals. 

The table below explores the NIRF rankings for the top MBA colleges in Ranchi.

College Names

NIRF 2022

NIRF 2023

NIRF 2024

Indian Institute of Management (IIM) Ranchi 

15

24

17

Birla Institute of Technology 

78

77

90

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Top 10 MBA Colleges in Ranchi with Fee Structure 2025

If you're looking to pursue an MBA in Ranchi, it's important to know the top institutions that offer quality education and understand their fee structures. 

Below is a list of the top 10 MBA colleges in Ranchi with fee structure.

Name of College

Approx. Average Fees

Admission Process

Indian Institute of Management (IIM) Ranchi

INR 17 Lakhs 

CAT, GD/PI

Xavier Institute of Social Service (XISS), Ranchi

INR 8 Lakhs

XAT, GD/PI

Birla Institute of Technology (BIT) Mesra

INR 3 Lakhs

CAT/MAT/XAT, GD/PI

National Institute of Foundry and Forge Technology (NIFFT), Ranchi

INR 3 Lakhs

CAT, PI

ICFAI University

INR 1 Lakh

MAT, CAT

Ranchi University

INR 3K

MAT, CAT, or University Exam

Institute of Management Studies (IMS), Ranchi

INR 40K

CAT/MAT

Institute of Science and Management - [ISMR], Ranchi

INR 1 Lakh

CAT/XAT, GD/PI

Amity University, Ranchi 

INR 4 Lakh

MAT/CAT

Dr. Shyama Prasad Mukherjee University, Ranchi

INR 40K

MAT/CAT

Note: For the most up-to-date and accurate fee information, along with other important details, please visit the official websites of the respective colleges.

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Top Private MBA Colleges in Ranchi 2025

Choosing the right private MBA college in Ranchi depends on factors like the fee structure, specialisations offered, and the overall reputation of the institution.

Below are some of the top private MBA colleges in Ranchi.

Private Colleges

Approx. Total Tuition Fee

Birla Institute of Technology 

INR 6 lakh

Sai Nath University 

INR 88,000

Usha Martin University 

INR 4 lakh

Amity University, Ranchi 

INR 3 lakh – INR 14 lakh

Sarala Birla University 

INR 5 lakh

Note: For the most up-to-date and accurate fee information, along with other important details, please visit the official websites of the respective colleges.

Top Government MBA Colleges in Ranchi 2025

Government MBA colleges in Ranchi provide great opportunities for students aiming for careers in management across various industries, with solid support for both academic and professional growth.

Here’s a list of the top government MBA colleges in Ranchi for 2025.

Government MBA Colleges 

Approx. Total Tuition Fee

IIM Ranchi 

INR 15 lakh – INR 16 lakh

Central University of Jharkhand 

INR 78,000

Dr. Shyama Prasad Mukherjee University 

INR 1 lakh

BAU - Birsa Agricultural University 

INR 29,000

Note: For the most up-to-date and accurate fee information, along with other important details, please visit the official websites of the respective colleges.

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MBA Colleges in Ranchi: Fee Structure vs. Average Salary

When it comes to pursuing an MBA, one of the most important factors students consider is the balance between the fees they will incur and the salary they can expect after graduation. 

The table below explores the fee structure of some of the top MBA colleges in Ranchi and compares it with the average salary packages that graduates can expect. 

College Names

Approx. Total Tuition Fee

Annual Average Package

IIM Ranchi 

INR 15 lakh – INR 16 lakh

INR 19 LPA

Birla Institute of Technology 

INR 6 lakh

INR 5 LPA

Marwari College 

INR 83,000

INR 4 LPA

Central University of Jharkhand 

INR 1 lakh

INR 4 LPA

Jharkhand Rai University 

INR 2 lakh

INR 2 LPA

Top Salary Packages Offered by Leading MBA Colleges in Ranchi

As per recent data, IIM Ranchi reported the highest placement package of INR 34.91 LPA in 2024, with top recruiters from leading sectors like consulting, IT, and finance. 

Take a look at the table below highlighting average placement packages offered to MBA graduates and some of the top recruiters.

College Names

Annual Average Package

Leading Recruiters

IIM Ranchi 

INR 19 LPA

Amazon, Deloitte, ICICI Bank, Genpact, American Express, etc.

Birla Institute of Technology 

INR 5 LPA

Cipla, KPMG, Microsoft, Nestle, Oracle, etc.

Central University of Jharkhand 

INR 4 LPA

Aditya Birla Fashion & Retail, Bandhan Bank, Reliance Retail, etc.

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Affordable MBA Colleges in Ranchi 2025

Ranchi offers several affordable MBA colleges that provide top-notch education at a fraction of the cost compared to some of the more expensive options in India. 

Listed below are some of the most affordable MBA colleges in Ranchi.

Affordable MBA Colleges

Tuition Fee

Marwari College, Ranchi

INR 83,000

Central University of Jharkhand

INR 78,000

BAU - Birsa Agricultural University

INR 29,000

SNU - Sai Nath University

INR 88,000

Ranchi University

INR 3,000

Note: For the most up-to-date and accurate fee information, along with other important details, please visit the official websites of the respective colleges.

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Top MBA Colleges in Ranchi: Popular Specialisations

Top MBA Colleges in Ranchi: Popular Specialisations

When choosing an MBA program, one of the most crucial decisions is selecting the right specialisation that aligns with your career goals. 

The table below highlights some of the most popular MBA specialisations offered by colleges in Ranchi.

Popular Specialisations

No. of Colleges Offering the Specialisation

Human Resources

13

Sales & Marketing

12

Finance

11

IT &Systems

9

Operations

5

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Top MBA Colleges in Ranchi: Eligibility Criteria 2025

For MBA programs in Ranchi, top colleges have well-defined eligibility norms that you must fulfil in order to be considered for admission. 

Here are the general eligibility criteria for MBA programs in top MBA colleges in Ranchi for 2025.

Eligibility Criteria

Details

Educational Qualification

Bachelor's degree in any discipline from a recognised university.

Minimum Marks

At least 50% aggregate marks (45% for SC/ST/OBC candidates).

Entrance Exam

Valid score in CAT, XAT, CMAT, MAT, or other equivalent exams.

Final Year Students

Final-year students are also eligible to apply, provided they meet all requirements at the time of admission.

Top MBA Colleges in Ranchi: Admission Process 2025

Top MBA Colleges in Ranchi: Admission Process 2025

The top MBA colleges in Ranchi follow a structured admission process to ensure they select the most deserving candidates for their programs. 

Here’s an overview of the typical admission process followed by top MBA colleges in Ranchi for 2025. 

Step 1: Register for Entrance Exams

Register for the required entrance exams such as CAT, XAT, CMAT, MAT, or any other exam accepted by the respective college. 

Step 2: Fill Out the Application Form

After the entrance exam results are declared, visit the respective college's website to fill out the application form. Ensure that you provide accurate details.

Step 3: Shortlisting Based on Entrance Exam Scores

Based on your entrance exam score, the college will shortlist candidates for further rounds such as Group Discussion (GD) or Personal Interview (PI).

Step 4: Group Discussion (GD) / Personal Interview (PI)

This stage assesses your communication skills, problem-solving ability, leadership qualities, and overall personality.

Step 5: Final Selection

After the GD and PI rounds, the college will evaluate your performance in these stages, along with your entrance exam score, academic background, and work experience (if applicable).

Step 6: Document Verification and Admission Confirmation

Once selected, candidates will be required to submit original documents for verification. Pay the admission fee as per the college’s guidelines to confirm your seat in the MBA program.

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Top MBA Colleges in Ranchi: Entrance Exam Dates 2025

It's crucial to stay informed about the key entrance exam dates for 2025 to ensure timely registration and preparation. 

Below is a table highlighting the expected dates for top entrance exams for MBA admissions 2025.

Exam Name

Dates 2025

CMAT Exam 

25 Jan 2025

CAT Exam 

30 Nov 2025

MAT Exam 

February, May, September, and December

XAT Exam 

5 Jan 2025

Also, don’t miss out on our detailed blog on MBA Entrance Exam Syllabus: Topics and Tips — get insider tips and key topics to boost your exam preparation!

By understanding the admission process, entrance exams, and placement outcomes at these top MBA colleges, you can make an informed decision that sets the foundation for a successful management career. Whether you're seeking affordable options or premium institutions, Ranchi offers opportunities for every aspiring MBA student.

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Particulars

Details

Max Loan Amount

50 Lakhs

Collateral 

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Moratorium

Available

Processing Time

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Disbursal Time

7 Days

Approval Rate

Higher than Other Banks

Special USP

Marks Based Approval

% Financed

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Frequently Asked Questions

4. Which colleges offer BBA MBA integrated courses in Ranchi? 

Some of the prominent BBA MBA integrated course colleges in Ranchi include Amity University Ranchi and other affiliated institutions that provide a seamless transition from undergraduate to postgraduate studies.

3. What is the admission process for IIM Ranchi? 

To understand how to get admission in IIM Ranchi, you must clear the CAT exam, followed by a selection process that includes group discussions and personal interviews.

2. Are there any MBA colleges in Ranchi without entrance exams? 

Yes, there are several MBA colleges in Ranchi without entrance exam requirements. These institutions often consider merit-based admissions or conduct their own assessments.

1. What are the top MBA colleges in Ranchi with placement opportunities?

The top MBA colleges in Ranchi with placement opportunities include XIM Ranchi, IIM Ranchi, and others that have strong industry connections and placement cells to assist students in securing jobs.

What is the average salary package for MBA graduates from Ranchi? 

The average salary package for MBA graduates from Ranchi varies, but it typically ranges from INR 4 lakhs to INR 10 lakhs per annum, depending on the college and specialisation.

Which MBA colleges in Ranchi have the best faculty? 

Colleges like IIM Ranchi and XIM Ranchi are known for their experienced faculty members who bring a wealth of knowledge and industry experience to the classroom.

How can I apply for MBA colleges in Ranchi? 

To apply for an MBA in colleges in Ranchi, you need to fill out the application forms available on the respective college websites and submit the required documents along with entrance exam scores.To apply for an MBA in colleges in Ranchi, you need to fill out the application forms available on the respective college websites and submit the required documents along with entrance exam scores.

Which MBA colleges in Ranchi have the best faculty? 

Studying in MBA colleges in Ranchi offers benefits such as affordable fees, good placement opportunities, and a growing business environment in Jharkhand.

What are the fees for MBA programs in Ranchi? 

The fees for MBA programs in Ranchi vary by institution, but on average, they range from INR 3K to INR 17 lakhs, depending on the college's reputation and facilities.

What specialisations are available at MBA colleges in Ranchi? 

MBA colleges in Ranchi offer various specialisations such as Marketing, Finance, Human Resource Management, and Operations Management, catering to diverse career interests.