Ranchi is home to nearly 25 MBA programs. Private organizations run approximately 83% of the MBA colleges in Ranchi. The remaining MBA colleges in Ranchi are owned and funded by the government.

Highlights of MBA Colleges IN Ranchi

The table below mentions key highlights of the best MBA colleges in Ranchi.

Parameters	Particulars
Number of MBA colleges in Ranchi	Nearly 25 colleges
Annual fees	– Annual fees < Rs 1 lakh: 22.73 per cent
Top specialisations	Finance, Human Resources, Sales & Marketing, IT & Systems, Retail, Agriculture & Food Business, Operations, Supply Chain, Transport & Logistics, Business Analytics, among others
Admission process	Entrance based: MAT, XAT, CAT, CMAT, among others
No. of IIMs	1 (IIM Ranchi)

MBA, or Masters of Business Administration, is a two-year postgraduate professional degree program that is typically divided into four semesters. The MBA program is designed to help students improve their business knowledge. Finance, Human Resources, Taxation, Business Laws, Manufacturing, and Trading are some of the topics covered in the course curriculum. MBA graduates are recruited for managerial positions by global leading organizations after completing the program.

MBA admissions in Ranchi are based on the candidate’s performance in entrance exams, which include the CAT, MAT, CMAT, and ATMA, among others.

Eligibility Criteria for Top MBA Colleges in Ranchi

Admission to the MBA program is contingent on candidates meeting the eligibility requirements. The eligibility requirements for an MBA program may differ between colleges. The basic eligibility criteria for MBA admission, however, remain the same. The eligibility criteria for MBA admissions are listed in the space below.

Qualification Exam/Degree: Candidates must have a bachelor’s degree, in any field, from a recognized institute/university or equivalent.
Minimum Score: Some Best MBA colleges in Ranchi may have a minimum score criterion in which unreserved category candidates must score at least 50% in the qualifying exam. Candidates in the reserved category must have a minimum aggregate of 45%. The minimum score requirement, however, varies by college.
Provisional Acceptance: Provisional admission is also available to candidates whose final semester results have not yet been released.

Top Private and Government MBA Colleges in Ranchi

Top MBA Colleges in Ranchi are run by both public and private ownership. The tables below list a few of the best MBA colleges in Ranchi, organized by ownership type and course fees.

List of Top Private MBA Colleges in Ranchi

Name of Best Private College	Course Fee (In Rs)
SNU – Sai Nath University	1.08 L
Nilaai Educational Trusts Group of Institutions	1.27 L
RKDF University, Ranchi	2 L – 2.8 L
The ICFAI University, Jharkhand	2.54 L
ISM – Institute of Science and Management	3.35 L

List of Top Public MBA Colleges in Ranchi

Name of Best Public College	Course Fee (In Rs)
IIM Ranchi	16.3 L
BAU – Birsa Agricultural University	28.6 K
CUJ – Central University of Jharkhand	28.64 K – 51.6 K

The Return of investment on the Top MBA Colleges in Ranchi

The RoI of the college must be considered when selecting Best MBA colleges. In terms of a college, RoI or Return on Investment is the comparison of the course fee and the average annual package offered by the institute/college.

In terms of return on investment, IIM Ranchi and BIT Mesra are among the top MBA colleges in Ranchi. Check out the table below for the Best MBA Colleges in Ranchi, including course fees and average placement packages.

Name of Best MBA College	Course Fee (In Rs)	Average Placement Package (In Rs)
IIM Ranchi – Indian Institute of Management, Jharkhand	9.75 L to 16.3 L	14.69 LPA
Birla Institute of Technology, Mesra	5.89 L	10.40 LPA
Xavier Institute of Social Service	8.93 L	5 LPA
Amity University, Ranchi	5.78 L	4.5 LPA

MBA Specializations Available in Ranchi

MBA degrees with a variety of specializations are available at colleges all over the world to meet the interests and future goals of candidates. Finance, Human Resources, Sales & Marketing, IT & Systems, and Retail are the top five specializations offered by top MBA colleges in Ranchi.

Which are the most popular entrance exams accepted by the best MBA colleges in Ranchi?

Admission to the MBA program in Ranchi is determined by the candidate’s performance in the entrance exams. The CAT is the most popular MBA entrance exam in Ranchi. Candidates seeking admission to IIM Ranchi must pass the CAT. Candidates for the Central University of Jharkhand must take CUCET. Other entrance exams, in addition to CAT and CUCET, include XAT, CMAT, MAT, and ATMA.