Top MBA Colleges in Ranchi: Rankings 2025, Fees, Admissions, Courses, and Placements

Ranchi is home to over 20 reputed MBA colleges, including 16 private institutions and 5 government-owned colleges. Admissions to top MBA programs in Ranchi are primarily based on entrance exams such as CAT, MAT, CMAT, and XAT. Some of the Best MBA colleges in Ranchi include IIM Ranchi, Birla Institute of Technology, Xavier Institute of Social Service, Marwari College, Usha Martin University, and Amity University, Ranchi.

Top MBA Colleges in Ranchi: Key Highlights 2025

The Master of Business Administration (MBA) is a postgraduate program designed to provide in-depth knowledge of business and management principles. This course equips students with essential leadership, analytical, critical-thinking, and decision-making skills. Additionally, MBA programs focus on enhancing communication and teamwork abilities, preparing graduates for managerial and executive roles.

Below are the key highlights of top MBA colleges in Ranchi:

Parameter	Details
Number of MBA Colleges	20+
Annual Fees	< INR 1 lakh: 5 colleges INR 1-2 lakh: 6 colleges INR 2-3 lakh: 3 colleges INR 3-5 lakh: 4 colleges > INR 5 lakh: 6 colleges
Top Specialisations	Finance, Human Resources, Sales and Marketing, International Business, etc.
Accepted Entrance Exams	CAT, CMAT, MAT, etc.

Top MBA Colleges in Ranchi with NIRF Rankings 2024

The National Institutional Ranking Framework (NIRF) is an annual ranking system introduced by the Ministry of Education, Government of India, to assess and rank higher education institutions across various disciplines. It evaluates colleges based on parameters such as teaching, learning, research, graduation outcomes, and overall perception.

The table below highlights the best MBA colleges in Ranchi along with their NIRF rankings from 2022 to 2024:

College Name	NIRF 2022	NIRF 2023	NIRF 2024
Indian Institute of Management (IIM) Ranchi	15	24	17
Birla Institute of Technology (BIT), Ranchi	78	77	90

Top MBA Colleges in Ranchi: Admission Process 2025

The eligibility criteria for MBA admissions in Ranchi vary across institutions, but the general requirements are as follows:

Candidates must hold a bachelor’s degree or an equivalent qualification in any discipline from a recognised university or institution, with a minimum aggregate of 50%.
Many MBA colleges in Ranchi accept national-level entrance exam scores such as CAT, CMAT, or MAT. Applicants must meet the minimum cutoff scores set by the respective colleges.

Entrance Exams Accepted by MBA Colleges in Ranchi

Here are the key management entrance exams considered by top MBA colleges in Ranchi:

XAT (Xavier Aptitude Test)

Conducted by XLRI, Jamshedpur, XAT is a national-level entrance exam for MBA/PGDM admissions.
The test consists of four sections: Decision Making, Verbal Ability & Logical Reasoning, Quantitative Ability & Data Interpretation, and General Knowledge.
XAT preparation typically requires 6 to 9 months of dedicated study due to its high difficulty level.

CAT (Common Admission Test)

Conducted at the national level, CAT is the most widely accepted MBA entrance exam, allowing admission into 20 IIMs and over 1,200 B-schools in India.
The CAT exam consists of three sections:
- Verbal Ability & Reading Comprehension (VARC)
- Data Interpretation & Logical Reasoning (DILR)
- Quantitative Aptitude (QA)
Preparation for CAT includes a structured syllabus completion, regular mock tests, and revision.

MAT (Management Aptitude Test)

Organised by AIMA (All India Management Association), MAT is a national-level exam for MBA/PGDM admissions.
Conducted four times a year (February, May, September, and December).
Available in three modes:
- Paper-Based Test (PBT)
- Computer-Based Test (CBT)
- Internet-Based Test (IBT) – Remote Proctored Mode

Top Entrance Exams Accepted by Leading MBA Colleges in Ranchi

The table below provides details on the various entrance exams accepted by top MBA colleges in Ranchi, along with the number of colleges considering each exam:

Entrance Exam	Number of Colleges
CAT	9
XAT	7
CMAT	7
MAT	6
ATMA	3

Top Private MBA Colleges in Ranchi

Among the leading MBA colleges in Ranchi, the table below highlights some of the best private institutions along with their total tuition fees:

Private Colleges	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

Best MBA Colleges in Ranchi: Fees vs Salary

Return on Investment (ROI) evaluates the benefits or financial returns a student gains from pursuing an MBA at a particular institution. It compares the tuition fee paid during the program with the salary received after graduation.

The table below provides insights into the total course fees and the annual average placement packages offered at top MBA colleges in Ranchi:

College Name	Total Tuition Fee	Annual Average Package
IIM Ranchi	INR 15 lakh – INR 16 lakh	INR 16 LPA – INR 17 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

Highest Salary Offered by Top MBA Colleges in Ranchi

The table below presents the average placement packages offered by leading recruiters at the top MBA colleges in Ranchi:

College Name	Annual Average Package	Top Recruiters
IIM Ranchi	INR 16 LPA – INR 17 LPA	Amazon, Deloitte, ICICI Bank, Genpact, American Express, etc.
Birla Institute of Technology	INR 5 LPA	Cipla, KPMG, Microsoft, Nestlé, Oracle, etc.
Central University of Jharkhand	INR 4 LPA	Aditya Birla Fashion & Retail, Bandhan Bank, Reliance Retail, etc.

Affordable MBA Colleges in Ranchi

Pursuing an MBA in Ranchi can be cost-effective. Below are some colleges offering MBA programs with tuition fees under INR 1 lakh:

Low-Cost Colleges	Total Tuition Fee
Marwari College, Ranchi	INR 83,000
Central University of Jharkhand	INR 78,000
Birsa Agricultural University (BAU)	INR 29,000
Sai Nath University (SNU)	INR 88,000
Ranchi University	INR 3,000