Top MBA Colleges in Ranchi 2024-2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Jul, 10, 2024

Top MBA Colleges in Ranchi - Check the list of the best MBA (Master of Technology) colleges in Ranchi, Jharkhand with NIRF ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.

Are you considering doing an MBA course and want to know about the MBA college in Ranchi that offers an MBA course? You want to get information about the Top MBA college in Ranchi, its fee, eligibility criteria, placement, and many more. Then this page is for you. After going through this page you can able to get almost all the information related to the best MBA college in Ranchi (Jharkhand).

An MBA is a 2-year master's course that covers advanced topics related to the management discipline. Some of the top MBA specializations include Finance, Human Resources, Sales and Marketing, International Business, etc. An MBA course can improve a candidate's professional skills and abilities and make them sufficient to work at managerial levels so that countless career opportunity options will be open for graduates.

29 MBA colleges in Ranchi offer MBA courses in many specializations. 25 MBA colleges are Private and 4 MBA colleges are government colleges. The best MBA colleges in Ranchi include IIM Ranchi, Birla Institute of Technology, Xavier Institute of Social Service, Marwari College, Usha Martin University, Amity University, etc. Admissions offers to the best MBA colleges in Ranchi are based on merit or through scores obtained in entrance exams such as CAT, MAT, XAT, etc.

Top MBA Colleges in Ranchi 2024-25: Highlights

MBA courses are a two-year postgraduate degree program in top MBA colleges in Ranchi that offers vast career opportunities after course completion. The top MBA colleges in Ranchi prepare students for leadership roles in the business world and enable them to find work in varied industries in India as well as abroad.

The below table indicates the MBA course details:

Particular

Value

No. of Colleges

29

Admission Process         

Based on entrance exams like CAT, MAT, XAT, GMAT, etc.

Fees     

Rs. 5,000-20,00,000

MBA Specializations       

Finance, Human Resources, Sales and Marketing, International Business, etc.

What is an MBA?

In MBA classes, students dive into fundamental subjects like Finance Operations, Marketing, Human Resources, and Entrepreneurship. These MBA subjects are taught via classes as well as group projects, case studies as well as experiential learning. The MBA classes at Top Master of Business Administration (MBA) Colleges in Ranchi generally cover a variety of subjects, such as ethical business practices, organizational behavior economy, analysis of data, and the process of making decisions.

Why Study MBA Courses?

MBA can help you improve your skills and gain exposure that you did not get from a bachelor's degree. There is no other degree that MBA is focused on enhancing the soft skills of communicating in a business setting as well as leadership, problem-solving teamwork, and negotiation. When you pursue an MBA from a Top Master of Business Administration (MBA) College in Ranchi you gain an understanding of management and business areas.

Promising Career: A Promising Career most straightforward method to boost the career of your choice is to pursue an MBA. Master of Business Administration. Students are focused on the career opportunities that come with an MBA. It's becoming more important to possess managerial capabilities and experience as the world gets ever more competitive.

Develops Management Skills: Many MBA specializations allow students to focus on a specific area of management in business. Each one of the specializations assists students in establishing careers in that specific field.

High Salary: Upon completion of the MBA course from Top MBA Colleges in Ranchi, almost every student is given an increase. Students can pick their dream employers through the placement options that colleges offer. Based on the institution, the average MBA pay ranges between INR 7,00,000 to INR 9,00,000. However, it could go as high as INR 15,00,000 up to INR 20,00,000 in certain instances.

Entrepreneurship Abilities: Ability to Become Entrepreneurial Learn about running an enterprise. For students who have family businesses, this can be particularly helpful. The business will function more efficiently and earn higher returns due to this method.

Top MBA college in Ranchi 2024-25

For candidates who want to study the art of business, an MBA is a suitable course. Candidates residing in Ranchi can access some process opportunities after analyzing the best MBA colleges in Ranchi. The city has good PG colleges, which consist of private, government, and semi-government.

Candidates who have started their studies in any field can get admission to the best MBA college in Ranchi after the entrance exams. Candidates can check the following information for more details about the list of MBA colleges in Ranchi and the required information.

Here are the top MBA colleges in Ranchi that offer MBA courses within the city:

College Name

Fee

IIM Ranchi - Indian Institute of Management, Ranchi INR 17,20,000
Xavier Institute of Social Service - [XISS], Ranchi INR 8,00,000
Birla Institute of Technology - [BIT Mesra], Ranchi INR 3,53,000
ICFAI University, Ranchi INR 1,35,000
Birsa Agricultural University - [BAU], Ranchi INR 14,300
Institute of Science and Management - [ISMR], Ranchi INR 1,00,000
Ranchi University, Ranchi INR 2,850
RKDF University, Ranchi INR 1,40,000
Sai Nath University, Ranchi INR 62,000
Jharkhand Rai University - [JRU], Ranchi INR 80,000

Top Government MBA colleges in Ranchi

There are around 8 government MBA colleges in Ranchi, with affordable fees and prestigious names. It is one of the main reasons that most of the candidates prefer the top MBA colleges in Ranchi that are owned by the government. Additionally, they also get facilities like well-qualified faculty members, eminent alumni, state-of-the-art laboratories, high-quality education, and excellent accreditation.

As government colleges have limited seats and high competition, they only accept students who clear entrance exams with maximum marks and have high merits. Top government MBA colleges in Ranchi also provide scholarships to deserving candidates and those who have weaker economic backgrounds including expenses like hostel fees, transportation, and books. 

A list given below is the top government MBA colleges in Ranchi that offer MBA courses:

College Name

Fee

IIM Ranchi - Indian Institute of Management, Ranchi INR 17,20,000
Birsa Agricultural University - [BAU], Ranchi INR 14,300
Doranda College - [DC], Ranchi INR 40,300
Institute of Management Studies, Ranchi University - [IMS], Ranchi INR 40,000
Dr. Shyama Prasad Mukherjee University, Ranchi INR 40,000

Top 10 Private MBA Colleges in Ranchi

There are 20 privately owned top MBA colleges in Ranchi. Private colleges have great environments to study and there are many things to explore. Private colleges are more expensive than government colleges, mainly because of their amazing infrastructure, ac rooms, extracurricular activities, etc. Some of the colleges have affiliations with various MNCs which build the chances for student's placement after completion of the course.

A list given below is the top private MBA colleges in Ranchi that offer MBA courses:

Name of College

Average Annual Fee(INR)

Xavier Institute of Social Service - [XISS], Ranchi INR 8,00,000
Birla Institute of Technology - [BIT Mesra], Ranchi INR 3,53,000
ICFAI University, Ranchi INR 1,35,000
Institute of Science and Management - [ISMR], Ranchi INR 1,00,000
RKDF University, Ranchi INR 1,40,000
YBN University - [YBN], Ranchi INR 44,500
Sai Nath University, Ranchi INR 62,000
Amity University, Ranchi INR 3,03,000
Cambridge Institute of Technology - [CIT], Ranchi INR 60,100
Sarala Birla University - [SBU], Ranchi INR 5,19,200

Top MBA Colleges in Ranchi for Finance

  1. IIM Ranchi - Indian Institute of Management, Ranchi
  2. Xavier Institute of Social Service - [XISS], Ranchi
  3. Birla Institute of Technology - [BIT Mesra], Ranchi

Top MBA Colleges in Ranchi for Marketing

  1. ICFAI University, Ranchi
  2. Birsa Agricultural University - [BAU], Ranchi
  3. Institute of Science and Management - [ISMR], Ranchi

Top MBA Colleges in Ranchi for Human Resources Management

  1. IIM Ranchi - Indian Institute of Management, Ranchi
  2. Birla Institute of Technology - [BIT Mesra], Ranchi
  3. Birsa Agricultural University - [BAU], Ranchi

MBA Colleges in Ranchi accepting CAT

  1. IIM Ranchi - Indian Institute of Management, Ranchi
  2. Xavier Institute of Social Service - [XISS], Ranchi
  3. Institute of Science and Management - [ISMR], Ranchi
  4. Ranchi University, Ranchi
  5. Nilai Institute of Management - [NIM], Ranchi

MBA specialization: Top MBA college in Ranchi

Following is a list of Top MBA colleges in Ranchi with MBA course specialization given below:

Data Science

Digital Entrepreneurship

Business Analytics & Big Data

Financial Markets

Logistics Management

International Marketing

International Trade Management

 

Entrance exams for MBA college in Ranchi

Following is a table that shows the entrance exams accepted by top MBA colleges in Ranchi:

CUET PG CAT
CMAT NMAT
ATMA XAT
MAT  

ROI for MBA college in Ranchi

Following are some of the colleges with their average salary and course fees are as under:

College Name

Fee

Salary

Ranchi University

RS. 2,850

RS. 3,50,000

BIT Mesra

RS. 2,76,000

RS. 9,11,000

IIM Ranchi

RS. 6,98,000

RS. 15,02,000

Top MBA College in Ranchi: Eligibility Criteria

To apply for admission to the best MBA Colleges in Ranchi (Jharkhand), it is very important to meet the eligibility criteria prescribed by the colleges. Candidates are required to have a Bachelor’s degree in any stream from a recognized institution with a minimum mark of 50% marks in the last qualifying exam. Some of the colleges also provide a 5% relaxation to the reserved category candidates.

Admission Process: Top MBA College in Ranchi

The admission process for MBA colleges in Ranchi varies for different colleges. The best MBA colleges in Ranchi accept candidates' scores in popular management entrance exams like CAT, MAT, XAT, CMAT, etc. A few College or universities also conduct their entrance exams to select suitable candidates.

Some of the best management colleges in Ranchi also conduct personal interviews and group discussions after the entrance exam to select students who want to get admitted to MBA courses at the best management college in Ranchi.

Job Profile: MBA college in Ranchi

A list given below is the job profiles for management graduates in Ranchi (Jharkhand):

Business Development Manager

Financial Analyst

Sales Manager

Business Analyst

Management Consultant

Human Resource Manager

Account Manager

Regional Sales Manager

Recruiters: Top MBA Graduates in Ranchi

Google, Cognizant, Sony Pictures, RPG, DHL Ltd, Dell, Airtel, JP Morgan, ICICI Bank, Infosys, IBM, etc. are some of the top recruiters that provide opportunities to MBA college in Ranchi graduates. 

Top MBA colleges in Ranchi: FAQ

MBA offers in specializations like Finance, Human Resources, Sales and Marketing, International Business, etc.

Questions for MBA in Ranchi

(1). How many MBA colleges are there in Ranchi?

Ans. There are 29 MBA colleges.

(2). What are the MBA specializations in MBA College in Ranchi?

Ans. Finance, Business Administration, Human Resources, General, Marketing, etc.

(3). What type of colleges offer MBA courses in Ranchi?

Ans. Government as well as Private colleges offer MBA courses in Ranchi.

(4). Which cities near Ranchi also offer MBA courses?

Ans. Jamshedpur, Deoghar, Dhanbad, Bokaro, etc.

(5). What are the fees of the IIM Ranchi?

Ans. RS. 80,000-17,20,000 pa.

(6). What are the best MBA colleges in Ranchi?

Ans. IIM Ranchi, Birla Institute of Technology, Xavier Institute of Social Service, Marwari College, Usha Martin University, etc.

(7). What are the eligibility criteria for MBA College in Ranchi?

Ans. Candidates have graduated from a recognized university with a minimum of 50% marks and have to appear in any entrance exam (if applicable).

(8). Which is the best MBA college in Ranchi placement-wise?

Ans.  Indian Institute of Management Ranchi, Birla Institute of Technology, Xavier Institute of Social Service, ICFAI University, IMS Ranchi University, etc.

(9). What is the salary of an MBA in Ranchi?

Ans. Rs. 16,50,000 PA.

(10). Which MBA college is best for placement in Ranchi?

Ans. IIM Ranchi - Indian Institute of Management, Ranchi

(11). Which MBA colleges in Ranchi provide the best placement?

Ans. GLA University, Ranchi

(12). Which MBA college has the highest average package?

Ans. ICFAI University, Ranchi

(13). Is the Marketing branch the best course in MBA for a higher salary?

Ans. Yes, the Marketing branch is the best course in MBA for a higher salary.

(14). Which college is best for Marketing placement?

Ans. IIM Ranchi - Indian Institute of Management, Ranchi

(15). Which MBA colleges in Ranchi are for direct admission after the 12th?

Ans. Here are some of the MBA colleges in Ranchi for direct admission after the 12th.

  1. S.N. Sinha Institute of Business Management, Ranchi
  2. Dr. Shyama Prasad Mukherjee University, Ranchi
  3. International School for Applied Technology - [ISAT], Ranchi
  4. Nilai Institute of Management - [NIM], Ranchi

(16). Which college is best in Ranchi for a MBA degree?

Ans. Here are some of the best MBA colleges in Ranchi.

  1. IIM Ranchi - Indian Institute of Management, Ranchi
  2. Xavier Institute of Social Service - [XISS], Ranchi
  3. Birla Institute of Technology - [BIT Mesra], Ranchi
  4. ICFAI University, Ranchi

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