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Best MBA Colleges In Bihar

Bihar is an Indian state located in the eastern part of India with a total area of 94.163 sq km (36,357 sq miles), it is the third largest in terms of population and the 12th largest in terms of land area. Bihar is bordered to the west by Uttar Pradesh, to the north by Nepal, to the east by the northern section of West Bengal, and to the south by Jharkhand. The River Ganges, which runs from east to west, splits the Bihar plain in half. The fourth-most populous subnational unit is Bihar.

The southern region of Bihar was given to the State of Jharkhand on November 15th, 2000.
Only 11.3% of Biharis live in urban areas in the state of Jharkhand, which is the second-lowest percentage in India after Himachal Pradesh. Additionally, 58 percent of Biharis are under the age of 25, making Bihar the Indian state with the highest proportion of youthful people. Hindi and Urdu are the two official languages, but many other languages, including as Maithili, Magahi, Bhojpuri, and other Bihari languages, are also frequently spoken

Master in Business Administration MBA
The Master of Business Administration (MBA) degree has become a highly sought-after qualification for professionals aiming to enhance their careers in the business world. By emphasizing the development of managerial and leadership skills, an MBA equips individuals with the necessary knowledge and expertise to excel in diverse industries. In Bihar, there are a total of 54 top MBA schools. 20 of these are owned by public or government entities, and 18 are privately owned. Some of the entry examinations that are most commonly accepted in Bihar’s top MBA colleges are the MAT, CAT, CMAT, and XAT. Some of the well-known MBA colleges in Bihar are IIM Bodh Gaya, Chandragupt Institute of Management, ISM – International School of Management, TMBU – Tilka Manjhi Bhagalpur University, Patna University, LNMU – Lalit Narayan Mithila University, Nalanda University, etc.

Parameters Particulars/Statistics
Number of MBA Colleges 54
Annual Fees INR < 1 lakh: 12 colleges INR 1-2 lakh: 13 colleges INR 2-3 lakh: 8 colleges INR 3-5 lakh: 6 colleges INR > 5 lakh: 6 colleges
Top Specialisations Finance Sales and Marketing Human Resources Sales and Marketing International Business etc
Accepted Entrance Exams  CAT, CMAT, MAT, XAT, SNAP
Eligibility Criteria for Pursuing MBA in Bihar

MBA Colleges Eligibility in Bihar

The following is a list of the general requirements for MBA admission to colleges in Bihar:

Candidates must hold a bachelor’s degree or an equivalent degree with a minimum cumulative GPA of 50% from an accredited university or other organization in any discipline. Numerous MBA programs in Bihar include the outcomes of national entrance exams like the CAT, CMAT, or MAT. Candidates must meet the prerequisite requirements established by the aforementioned universities. Other prerequisites It is essential to carefully read the admission requirements published by the college as each institution in Bihar may have unique prerequisites or additional standards. Multiple admission tests are administered by MBA colleges to identify the top candidates for post-graduate study. Candidates should have the best understanding possible in English language, logic, and general knowledge for this exam.

Entrance Exams accepting by MBA Colleges in Bihar
MBA Colleges take several entrance exams to find the best aspirants who are looking for post-graduation. In this exam aspirants should best knowledge in English proficiency, reasoning skills, and general knowledge. Here is the name of the entrance exam taken by MBA Colleges: CAT (Common Admission Test): Conducted by the Indian Institutes of Management (IIMs), CAT is one of the most competitive and popular entrance exams for MBA admissions in India. MAT (Management Aptitude Test): Conducted by the All India Management Association (AIMA), MAT scores are accepted by a wide range of management institutes. CMAT (Common Management Admission Test): Conducted by the National Testing Agency (NTA), CMAT scores are used by various AICTE-approved institutions. Listed below are the following admission dates for Bihar MBA colleges:
Exam Name Dates Schedule
CAT Exam 2023Exam Nov ‘23 CAT Schedule
XAT Exam 2024 Exam 7 Jan ‘24 XAT Schedule
Listed below are the various entrance exams accepted by Bihar MBA colleges along with their number of colleges and cut off 2023 predictor:
Exams Number of Colleges
MAT 16
CAT 14
CMAT 11
XAT 9
Fee structure of MBA Colleges in Bihar

Fee structure of MBA Colleges in Bihar:

The fee structure for MBA  programs in Bihar can vary widely based on factors such as the institution’s reputation, program duration, specialization, facilities, and location. Most of the time the Top MBA Colleges in Bihar define the basic of Tire. MBA college defines into three categories

Top Tier Institutes: Prestigious institutions like the Indian Institutes of Management Bodh Gaya (IIMs) and other top B-schools in Bihar can have higher fees, ranging from approximately ₹9 lakhs to ₹32 lakhs or more for the entire program.
Mid-Range Institutes: Many reputed business schools in Bihar fall in this category, with fees ranging from ₹4 lakhs to ₹10 lakhs for the entire program.
Affordable Institutes: Some colleges and institutes offer more budget-friendly MBA programs, with fees ranging from ₹1 lakhs to ₹4 lakhs
These fee structures are approximate and may it can vary. Additionally, fees can vary based on whether the program is full-time, part-time, or executive. Whether some students get scholarships if they are eligible.

Top MBA Specialization in Bihar

Top MBA Specializaton in Bihar

 Here are some popular streams you can choose from:

* MBA in Consulting

* MBA program in corporate social responsibility

* MBA in Entrepreneurship

* MBA Finance

* MBA in Information Technology

* MBA degree in the field of Innovation Management

* MBA in Leadership

* MBA degree in marketing

* MBA in Operations Management

* MBA Sports Management

* MBA in Strategy

* MBA degree in sustainability

Top Private MBA Colleges in Bihar

Top private MBA colleges in Bihar, along with their fee structures, see the table below:
Private Colleges Total Tuition Fee
VIBRM – Vaishali Institute of Business and Rural Management Admission INR 3 lakh
IIBM – Indian Institute of Business Management Admission INR 80,000 – INR 3 lakh
J.D.Women’s College Admission INR 70,000
Gopal Narayan Singh University Admission INR 2.4 lakh
Dr. C.V. Raman University Admission INR 90,000

Top Government MBA Colleges in Bihar

The following table below for a detailed insight of the government top MBA colleges in Bihar along with their fee structure:

Public/Government CollegesTotal Tuition Fee
IIM Bodh Gaya AdmissionINR 9 lakh – INR 33 lakh
Chandragupt Institute of Management AdmissionINR 7.7 lakh
TMBU – Tilka Manjhi Bhagalpur University AdmissionINR 1.1 lakh
Patna University AdmissionINR 18,000 – INR 2 lakh
LNMU – Lalit Narayan Mithila University AdmissionINR 1.1 lakh

ROI of Best MBA Colleges in Bihar

The benefit or profit you will earn from a particular course is measured by return on investment (ROI). The profit or benefit you will experience if you enroll in a degree program at a certain university is measured by return on investment (ROI). It assesses the candidate’s return on investment in terms of both the placements they earned and the fees they paid while they were studying.

The content below shows the Bihar MBA colleges along with their total  fee and annual average package:

College NameTotal Tuition FeeAnnual Average Package
IIM Bodh Gaya MBAINR 9 lakh – INR 33 lakhINR 12 LPA
Chandragupt Institute of Management MBAINR 8 lakhINR 5 LPA
Patna University MBAINR 18,000 – INR 2 lakhINR 4 LPA
Birla Institute of Technology, Mesra MBAINR 5 lakhINR 5 LPA
Anugrah Narayan College MBAINR 2 lakhINR 3 LPA

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TOP MBA COLLEGES LIST IN BIHAR

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IIM Bodh Gaya (Indian Institute of Management Bodh Gaya)

Course: MBA| FEE: ₹ 9.1L - 32.6L | MHRD
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Chandragupt Institute of Management - [CIMP], Patna

Course: MBA| FEE: ₹ 7.7 L | AICTE, NBA, AIU
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International School of Management - [ISM], Patna

Course: MBA| FEE: ₹4 L | AICTE
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Magadh Professional Institute, Patna

Course: MBA| FEE: ₹1 L | AICTE

Magadh University, Gaya

Course: MBA| FEE: 66.3 K - 9 L | AICTE, UGC
1645014806DMI Patna Udyog Bhawan

Development Management Institute - DMI, Patna Bihar

Course: PGDM| FEE: 6L | AICTE
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Amity University Patna - Bihar

Course: MBA| FEE: ₹ 2.93L | UGC
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Gaya College, Gaya Bihar

Course: MBA| FEE: ₹ 1L | AICTE

Lalit Narayan Mishra Institute of Economic Development and Social Change - [LNMI], Patna

Course: MBA,MCA,BCA| FEE: Total Tuition Fees ₹1.1 L - 1.6 L | AICTE
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Birla Institute of Technology - [BIT], Patna Birla Institute of Technology - [BIT], Patna

Course: MBA,MCA,BCA| FEE: Total Tuition Fees ₹4.05 | AICTE, PCI, UGC, NBA
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Indian Institute of Business Management - [IIBM], Patna

Course: MBA,PGDM,BCA| FEE: Total Tuition Fees ₹3.15 | AICTE
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Patna University, Patna

Course: PGDM| FEE: 4 K - 2.2 L | AICTE

Tilka Manjhi Bhagalpur University (TMBU) Bihar

Course: MBA/PGDM/B.A./M.Sc| FEE: Total Tuition Fees ₹ 3.3 K - 43 K| AICTE, UGC
Anugrah Narayan College

Anugrah Narayan College (ANC) Patna Bihar

Course: MBA/PGDM/B.Sc | FEE: ₹ 116K | UGC

Indian Institute of Management Bodh Gaya (IIM) Bihar

Course: MBA/PGDM/B.Sc | FEE: ₹ 116K | UGC

MBA Colleges in Bihar: FAQs

Ques- Which are the top MBA colleges in Bihar?

Ans. Some of the top MBA colleges in Bihar have been listed below:

  • IIM Gaya
  • Chandragupta Institute of Management
  • Lalit Narayan Mithila University
  • Indian Institute of Business Management
  • International School of Management
Ques- What is the cost of MBA in Bihar?

A: Content below are the top MBA colleges in Bihar along  their cost of enrollment:

College Name

Total Tuition Fee

IIM Bodh Gaya

INR 9 lakh – INR 33 lakh

Chandragupt Institute of Management

INR 8 lakh

Patna University

INR 18,000 – INR 2 lakh

Birla Institute of Technology, Mesra

INR 5 lakh

Anugrah Narayan College

INR 2 lakh

Ques. What is the duration of MBA courses?

Ans-  2 years divided into 6 semesters.

Ques- Which college has highest placement for MBA?

College Name

Annual Average Package

IIM Bodh Gaya

INR 12 LPA

Chandragupt Institute of Management

INR 5 LPA

Patna University

INR 4 LPA

Birla Institute of Technology, Mesra

INR 5 LPA

Anugrah Narayan College

INR 3 LPA

Ques- What are the eligibility criteria for admission to MBA colleges in Bihar?

Ans-  The candidates must pass graduation with a minimum score of 50%. Most universities grant admission based on entrance exam scores such as CAT, MAT, XAT, etc.

Ques. Can MBA courses be pursued online?

Ans. Yes, There are various colleges and online platforms that offer  online MBA programs with an average fee ranging from INR 2,00,000 to INR 8,00,000. visit- top online mba colleges in india

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