Top 20 MBA Colleges in Bihar Latest List 2023

Top 20 MBA colleges in Bihar is not a very tough list to compile. Not because the city lacks educational facilities anymore but it is in the developing stage and hence, it is taking time. The positive thing here to note is that there are 40 MBA colleges in the state. This is such a remarkable growth of Bihar in terms of education.

The state that has the least literacy rate in the whole country is home to 40 management colleges now, is not a small deal. This is something to appreciate the state about and accept its development. Along with the top 20 MBA colleges in Bihar, there are a lot of other streams colleges in the state too like engineering, arts, commerce, science, etc.

Some of these colleges have really low fee that makes it extremely easy and accessible for a lot of students. But, lower fee doesn’t mean that their placements aren’t great. They will be worth the investment for sure.

Out of the 40 MBA colleges in the state, there are 17 government and 23 private colleges. Most of the top 20 MBA colleges in Bihar are in Patna, its capital city. Let us check the top 20 MBA colleges in Bihar below.

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1. Indian Institute of Management (IIM), Bodh Gaya

Bihar is home to the topmost MBA college of the country chain and that is none other than IIM. IIM Bodh Gaya is public government college that has been given the status of an institute of national importance. It is one of the newest MBA colleges to have established in 2015.

IIM Bodh Gaya is mentored by IIM Calcutta currently. IIM Bodh Gaya is the first third-generation IIM to have its own integrated campus. The courses offered by the college are MBA/PGDM and BBM/BMS. They have also launched an integrated programme in management.

The highest CTC offered by the companies is 17.3 LPA and average CTC offered is 9.92 LPA.

Check out their website at https://iimbg.ac.in

2. Vaishali Institute of Business and Rural Management (VIBRM), Muzaffarpur

Next college in our list of top 20 MBA colleges in Bihar is Vaishali Institute of Business and Rural Management. This one is in a town named Muzaffarpur. It is a private institute that got established in 1983. The college is affiliated to BRABU, Muzaffarpur and is approved under AICTE.

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The college offers courses in two streams that are in management and science. The courses offered by the college are MBA, BBA, BCA, and MCA. The placements of the college is also quite great with top companies like Bata, Airtel, HFCL, Bajaj Allianz, HDFC, Birla Sun Life Insurance recruiting from the campus.

Check out their website at https://www.vibrm.in

3. International School of Management (ISM), Patna

One of the nicest management colleges in the state is ISM, Patna. It is a private college that is affiliated to AKU, Patna and is approved by AICTE. The college got established in 2011. The college offers PGDM courses. The specialisations in the course are finance, marketing, human resource, and IT management.

The entrance exams accepted by the college are CAT/ XAT/ MAT/ CMAT. The admissions are on the merit and entrance test basis.

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The placement of the college is top notch with companies like ITC, Bata, Mahindra Rise, Berger etc. recruiting off the campus. This is the reason this college is in our list of top 20 MBA colleges in Bihar.

Check out their website http://www.ismpatna.ac.in/Default.aspx

4. Lalit Narayan Mishra Institute of Economic Development and Social Change (LNMI), Patna

LNMI Patna is the next college in our list of top 20 MBA colleges in Bihar. This college is a public autonomous college that is affiliated to AKU, Patna and is approved by AICTE. The college got established in 1973.

The college is famous for the diverse co-curricular activities that it offers along with the highly experienced faculty. They offer a variety of courses with MBA like BBA, BCA, MCA, and MHRM.

5. Catalyst Institute of Management and Advance Global Excellence (CIMAGE), Patna

CIMAGE Patna is one of the top 20 MBA colleges in Bihar. It is a private college that is affiliated to AKU, Patna and is approved under AICTE. The college got established in 2009. This is a well reputed private college that provides training in the field of Management, Information Technology & Media Education.

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CIMAGE has been awarded with the title of the “The Best Emerging Institute for Management Education” in Eastern India by AIMA. Their fee for MBA is quite low as compared to the other top 20 MBA colleges in Bihar.

The highest CTC offered by the college is 10 LPA and average CTC is 3.3 LPA.

Check out their website at https://www.cimage.in

6. Indian Institute of Business Management (IIBM), Patna

One of the best management colleges in Patna is IIBM. It is a private autonomous college that is affiliated to the Aryabhatta Knowledge University in Patna. The college got established in 1979. It is approved under AICTE.

The courses offered by the college is PGDM and the other courses offered by them are BBA and BCA. The highest CTC offered by the college is 7.50 LPA and the average CTC offered by them is 3.50 LPA.

Dell, Unilever, Coca Cola, Canon, Airtel, BOB, UBI, Samsung, etc are some of the top companies to recruit the students off campus.

Check out their website at http://www.w.iibm.in

7. Chandragupt Institute of Management (CIMP), Patna

CIMP Patna is one of the top 20 MBA colleges in Bihar. This college is a public autonomous one that got established in 2008. The college is approved under AICTE, AIU, and NBA.

The NIRF ranking of this college is 76 and this also makes this college enter the top 100 MBA colleges of India as per the NIRF ranking. IIRF has ranked this college as the 29th best college for MBA in India.

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The courses offered by the college are PGDM, Executive Program, and Fellow Program. The admission in this college is on the basis of merit scores and entrance test scores.

Check out their website at www.cimp.ac.in

8. L.N. Mishra College of Business Management, Muzaffarpur

Another college from Muzaffarpur in our list of top 20 MBA colleges in Bihar is LN Mishra college of business management. It is a private autonomous college that is affiliated to the BR Ambedkar university, Muzaffarpur.

The college got established in 1973 and is approved under AICTE the Department of Higher education and UGC. The popular courses offered by the college other than MBA is BBA, BCA, and MCA.

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The top companies to give placement to the students of the college are LIC, LG, HDFC, HCL, TATA AIG etc with average CTC being offered is 3 LPA.

Check out their website at http://www.lnmcbm.org

9. Anugrah Narayan College (ANC), Patna

As we said most of the colleges in our list of top 20 MBA colleges in Bihar are from Patna so comes another college from the city. ANC is a private college that is accredited by NAAC and is approved under UGC. This one is an old college as compared to the others mentioned above as this one got established in 1956.

The fee for doing MBA from this college is really low as compared to the other colleges. This makes it one of the most preferred MBA colleges of the state. Their placements are good too.

Check out their website at https://www.ancpatna.ac.in

10. Patna Women’s College (PWC), Patna

Patna women’s college is one of the best colleges of the state for not only MBA but for a lot of other courses in various streams. It is a public autonomous college that has a NAAC grade A. Again, this is one of the oldest colleges of Bihar as it got established in 1940. The college is affiliated to the Patna University.

The companies like Gadhia Solar, Hella India, Consulting Engineering services, Tech endeavour, etc are some of the top ones in recruiting from the campus. They have offered compelling packages to give a secure life to the students.

Check out their website at https://patnawomenscollege.in

11. College of Commerce, Arts, and Science, Patna

Another college from Patna in the list of top 20 MBA colleges in Bihar is college of commerce, arts, and science. This one is a public college that is affiliated to the Patliputra university and has a NAAC grade of A. This is a very old and one of the most trusted colleges of Patna, Bihar that got established in 1949.

There are 10 streams in which the college provides education and they are education, commerce, arts, science, management, computer applications, law, mass communications, medical, and also some vocational courses.

The courses offer B.Com, MBA, BA, BCA, B.Ed, etc.

Check out their website at https://cocaspatna.ac.in

12. Birla Institute of Technology (BIT), Patna

BIT Patna is the topmost engineering college of not only the state but also of the country. BIT Patna is a family member of the Birla Institute of Technology faculty. It got established in 2006 and is a private college. The college is approved by AICTE. This one is set up by the BIT Group of Institutes.

But, not only engineering, this college also excels in an MBA course. CAT/MAT/XAT are the entrance scores accepted for the MBA admissions here.

The top companies to offer placement in this college are Wipro, Accenture, Adani Group, Infosys, IBM, TCS, IOCL, etc.

Check out their website at https://www.bitmesra.ac.in/BIT_Mesra?cid=8&pid=H

13. Millia Institute of Technology (MIT) Purnea

Purnea is a small town in Bihar and it has one of the most famous MBA colleges of the state. The college got established in 1989 and is affiliated to Purnea university. This private college is approved under the AICTE. The college is affiliated to the government of Bihar.

They offer MBA in the three basic streams that are marketing, finance, and HR. The college provides up to 100% scholarship for Minority/ SC/ST/OBC/ Girl candidates.

The top placements to offer the packages are Elite corporate services, Avsar Venture, ATS India, Pie Infocom, etc.

Check out their website at https://www.mitpurnia.org

14. R.P. Sharma Institute of Technology, Patna

After a pause, comes another college from Patna in our list of top 20 MBA colleges in Bihar. This is again few decades old college that got established in 1980. The college is a private one and is affiliated to the Aryabhatta Knowledge University, Patna. It is approved by AICTE and the government of India.

The college offers MBA in the basic three disciplines which are Marketing, HR, and Finance. Admission is on the entrance test scores basis.

15. Bhuwaneshwari Dayal College (BDC), Patna

BDC Patna is the next college in our list of top 20 MBA colleges in Bihar. This one is also one of the oldest colleges of Bihar that got established in 1970. This is a private college which is approved by AICTE and UGC. The NAAC grade of the college is B and is affiliated to the Patliputra University.

It was just an evening college before but now they offer full day courses in various streams. MBA is one of the best here because of faculty and placements. MBA admissions are on the entrance test basis.

Check out their website at https://bdcollegepatna.co.in/new_site/

16. Bindeshwar Singh College, Patna

After BDC, we have BSC Patna in our list of top 20 MBA colleges in Bihar. This one is again an old public institute that got established in 1954. These are some of the oldest colleges of the city that have always been famous amongst the localities.

The college is affiliated to Magadh University in Gaya and is approved by AICTE and UGC. It is also accredited by NAAC. The exams accepted for MBA admissions in this college are CAT/ATMA/MAT/XAT/CMAT.

It is one of the top 20 MBA colleges in Bihar because of its excellent placement opportunities.

Check out their website at https://www.bscollegedanapur.ac.in

17. Sachichidanand Sinha College, Aurangabad

Quite an underrated college in the state in the Sachichinanda Sinha college in Aurangabad. It is underrated because the city of Aurangabad is not so famous but the localities do trust this college for MBA and other higher courses.

The college got established before Independence in 1943 and is a private college that is affiliated to the Magadh University in Gaya. It is accredited by NAAC and is also approved under AICTE, PCI, NCTE, and UGC. This approvals make it one of the top 20 MBA colleges in Bihar.

Their fee for MBA is really low as compared to the other top colleges of the state.

Check out their website at https://www.ssinhacollege.co.in

18. Sri Guru Gobind Singh College, Patna

We have another Patna college in our list of top 20 MBA colleges in Bihar. SGGSC college offers PGDM course. It is a private college that is affiliated to the Magadh University in Gaya and is accredited by NAAC. The college got established in 1960. This makes it one of the oldest colleges in the city again.

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Even if this one is an old college, the facilities of the college are still top notch and is getting better with the time. The placement cell of the college places the MBA students in some of the best firms of the country.

Check out their website at http://sggscollegepatnasaheb.com

19. JD Women’s College, Patna

Another one of the best women’s college of Patna is JD Women’s college. The college has been proving as a benchmark in the education level of the women of the state. This is again a very old college that got established in 1971. The NAAC grade of this private college is B.

They offer MBA in less than a lakh rupees which is amazing for girls from every sector of the society. They also have nice placements.

Check out their website at http://www.jdwcpatna.ac.in

20. College of Basic Sciences and Humanities, Pusa

The last college in our list of top 20 MBA colleges in Bihar is College of Basic Sciences and Humanities in Pusa. The college is affiliated to Dr. Rajendra Prasad central agricultural university in Samastipur. The college got established in 1981 and is approved under ICAR.

This government college offers MBA course in agri business. It is a full time course in this field only with top notch placements in the related industry. The job package offered to the students is also enticing with amazing incentives in this industry.

Check out their website at https://www.pusavarsity.org.in

Conclusion

Here we end our list of top 20 MBA colleges in Bihar. Out of the 40 colleges, these were in our top 20 list based on different parameters. The parameter we chose for ranking these colleges are their national rankings, academic excellence, placements, and the overall personality development of the students.

If you are trying to get an admission in these top 20 MBA colleges in Bihar, then we wish you all the good luck for the future. You just need to find out the admission process of all these colleges and go ahead with it. We guarantee you that all these colleges offer amazing placements to the students with excelling packages.

All the best for your future from College Chalo team.