Top MBA Colleges in Bihar 2022-2023: Ranking, Placement & More

Top MBA Colleges in Bihar: Students who are through with their graduation and wish to pursue Management at the postgraduate

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Reported by Anshika Saxena

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Top MBA Colleges in Bihar: Students who are through with their graduation and wish to pursue Management at the postgraduate level can usually opt for MBA. A Master’s in Business Administration is one of the most sought options after graduation in India. Students of any educational background can easily get admitted to this course and if pursued at a high-ranking university, it can fetch a good job as well. This professional degree is always recommended to be studied at a very good college or institution that not only offers insightful theoretical knowledge but also practical experience which will be highly utilitarian in the field during the job.

If you are seeking to get admitted to this course at a University in Bihar, read the following article thoroughly. We have provided a well-researched and curated list of the Top MBA Colleges in Bihar subsequently.

Top MBA Colleges in Bihar: Best Colleges List, Fee, Placements, Ranking, and Mode
Top Colleges in Bihar for MBA Course

Top MBA Colleges in Bihar 2022-2023

The state of Bihar can be a good option for pursuing the Master’s of Business Administration. With colleges like the Indian Institute of Management Bodh Gaya, Lalit Narayan Mithila University, Nalanda University, and much more, the state has a lot of options that can offer quality education in the Management Field. Additionally, it is one of the most economical states and education in Bihar is not very expensive. Cities like Gaya, Patna, and Bhagalpur have some of the best universities in the country for the pursuit of Management Courses. The placements at these colleges are valuable just like their degrees. Management Courses are professional and MBA, being one of them is mostly the last educational step in a student’s career. Thus, it is important to pursue it at the best applicable institution.

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A student must consider factors like NIRF Ranking, Score, Student Ratings, Course Rating, Placement, Fees, and more while selecting a college. Here we have curated a list of all the options which are top-rated and most valued in terms of Top MBA Colleges in Bihar:

Top MBA Colleges in Bihar: List

S.No.Name of the UniversityNIRF RankingLocationContact NumberWebsite
1.IIM Bodh Gaya73
Score: 45.82
Prabandh Vihar, Bodh Gaya, Bihar 8242340631-2200238www.iimbg.ac.in
2.Nalanda UniversityChabila road, Rajgir, Bihar 8031160611-2255330nalandauniv.edu.in
3.Lalit Narayan Mithila UniversityKameshwaranagar, Darbhanga, Bihar 846004lnmu.ac.in
4.Chandragupt Institute of ManagementMithapur Bus Stand Rd, Mithapur Farm Area, Mithapur, Patna, Bihar 8000010612-2366015www.cimp.ac.in
5.L.N.Mishra Institute of Economic Development and Social ChangeJawaharlal Nehru Marg, Veerchand Patel Road Area, Patna, Bihar 8000280612-2505200lnmipat.ac.in
6.Tilka Manjhi Bhagalpur UniversityRavindra Bhavan Rd, Sitanabad, Tatarpur, Bhagalpur, Bihar 8120070641-2620353www.tmbuniv.ac.in
7.Birla Institute of Technology, Mesra (Patna Extension)Samanpura, BIT Campus, Patna, Bihar 8000140612-2223538www.bitmesra.ac.in
8.Patna UniversityAshok Rajpath, near Patna College, Patna University Campus, Patna, Bihar 8000050612-2678008pup.ac.in
9.International School of ManagementSarari, Hathiakandh – Ushri – Khagaul Rd, Khagaul, Patna, Bihar 80110509102678003www.ismpatna.ac.in
10.Mahatma Gandhi Central UniversityBelisarai, Motihari, Bihar 8454010625-2230010www.mgcub.ac.in

Details about Top 5 MBA Colleges in Bihar

The students who are targeting the top 5 colleges in Bihar for MBA as per the aforementioned list, the following details will be highly helpful. We have provided an intricate insight into the quality of education, fees, placements, admission procedure, and much more in the subsequent space pertaining to the best 5 Colleges in Bihar for the Master’s in Business Administration program.

IIM Bodh Gaya

Indian Institute of Management Bodh Gaya is definitely one of the most preferred choices in case of colleges in Bihar for MBA. It is the 16th Indian Institute of Management. IIMs attract students merely through their names. It is the only college in Bihar that is ranked highly in the National Institutional Ranking Framework. According to NIRF 2022, IIM Bodh Gaya stands at the 73rd position in MBA Colleges in India. It has a very appealing NIRF Score of 45.82. The students can get a median salary of Rs.10 Lakhs per Annum if they pursue MBA from this college. The fee of a Master’s in Business Administration at IIM Bodh Gaya is Rs. 15.5 Lakhs. The course of Management is highly rated in this institute. Since it is an IIM, the quality of education offered in this institution is guaranteed as it is a Government venture.

The students can apply for this examination through CAT or Common Aptitude Test. Just like any other Indian Institute of Management, the cut-off for this particular institution is also high. Thus, if the candidate has already scored 92 or above percentile, they can aim at getting into this college. If you are a student and planning to appear for CAT, then at least 94-95 percentile should be your target if your aim is IIM Bodh Gaya. Post shortlisting on the basis of the percentile in CAT, the candidates will have to appear for a Personal Interview.

Nalanda University

Nalanda University in Bihar is one of the prestigious central universities in the state of Bihar. Since it is highly valued, pursuing MBA at this college can prove to be very rewarding. The university is highly rated and so is the degree of Master’s of Business Administration at the college. As the university was established to emulate the prestigious historical institution of India, Nalanda, this university is also an Institution of National Importance. Thus, the supremacy of learning does not depreciate at any cost. Additionally, for the quality of education that is offered at Nalanda University, the fee is definitely worth it. For MBA, Nalanda University can also be listed as one of the most affordable and highly ranked institutions in India. The university requires students to pay Rs. 2 Lakh for MBA. With a good placement record and the highest package being offered as Rs. 16 Lakhs per annum, Nalanda University is definitely a good option.

Students need to appear for Common Aptitude Test CAT or Xavier Aptitude Test XAT or Management Aptitude Test MAT. The authorities will closely consider the scores of the candidates in the respective examination and prepare their entrance eligibility accordingly. The performance of the students in any of these tests will be taken into consideration, thus one needs to make sure that if they aim to get into Nalanda University, they must appear for at least one of these examinations. Post that, the University Admissions Authorities shall also conduct a personal interview of the students.

Lalit Narayan Mithila University

For students who are seeking admission in Bihar and are aiming to pursue an MBA course, then Lalit Narayan Mithila University can be a very preferable option. The students at LMNU have been very satisfied with the quality of education and the required professional exposure provided here. The university is a public university. This college is the most prestigious institution in the state of Bihar. however, it ranks third on our list for MBA because the course rating is a little lesser than the listed options. However, it will always be counted as one of the best places you can choose to do an MBA from, in Bihar. LMNU is highly affordable since it is a government-funded institution. Students can study MBA here for a fee of less than Rs. 1.5 Lakhs. The quality of education at LMNU is dependable. The university offers specialization in Marketing, Finance, and Human Resources. Students can get a median package of about Rs. 2.5 Lakhs per annum.

In order to get admitted to LMNU for a Master’s in Business Administration, the candidates need to present their scores in the Common Management Admission Test CMAT or Management Aptitude Test MAT. The authorities will consider the performance of the candidates in any of these two exams, whichever is submitted by the candidates. On the basis of that, they will further admit them. Post that, the candidates will have to go through the necessary admission procedures.

Chandragupt Institute of Management Patna

CIMP is an independent institution which receives the required support from the government of Bihar. The candidates who aim to get admitted to Chandragupt Institute of Management Patna in Master’s of Business Administration must observe that this institute ranks due to its course rating by the students, good infrastructure, trustworthy educational insights, and most importantly better placements. For the Master’s in the field of Business and Management, there are 120 seats in this university. Additionally, the fee here is considered to be highly worthy of the program offered. Candidates need to pay nearly Rs. 7-7.50 Lakhs for 2 Years PGDM here. The candidates can get a median salary of Rs. 4.50 Lakhs if they pass out from CIMP.

The aspirants must submit either CMAT or CAT or XAT scorecards if they seek admission to Chandragupt Institute of Management Patna. The authorities consider the performance of the applicants in the Common Aptitude Test or Common Management Aptitude Test or Xavier Aptitude Test. The shortlisted candidates have to appear for the Personal Interview Round. Those who clear all the admission procedures will get admitted to the University.

L.N.Mishra Institute of Economic Development and Social Change

LNMI in Patna is a Government institution that was established in 1973. All India Council of Technical Education AICTE recognises the education provided at this institution. For those who are seeking to pursue MBA in Bihar, this college can be a very good option. The course is highly rated here and being a public university, the quality of education does not degrade. Not only it is well ranked, but also it is also a very feasible option for MBA. L.N.Mishra Institute of Economic Development and Social Change in Patna only charges Rs. 1.60 Lakhs for the MBA program. Moreover, the placements range from Rs. 12 Lakhs per annum to Rs. 3.5 Lakhs per annum. The educational curriculum is the most well-rated part of this university and that makes the course completely worthy.

The authorities consider the performance scorecard of the candidates in the Management Aptitude Test MAT in order to admit the students. The students must appear for the exam in advance if they wish to get admitted to the L.N.Mishra Institute of Economic Development and Social Change for a Master’s in Business Administration MBA. The candidates will have to go through the proper admission procedure after application at LNMI.

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