Ranchi is fast emerging as a leading destination for management education in India. With prestigious institutes like IIM Ranchi, XISS Ranchi, and BIT Mesra, along with reputed state and private universities, the city offers excellent opportunities for MBA aspirants. These colleges are known for their strong academic curriculum, industry exposure, affordable fees, and impressive placements, making Ranchi a hub for quality MBA education.
In this blog, we cover the Top 10 MBA Colleges in Ranchi in 2025, including their rankings, fees, specialisations, eligibility, cut-offs, and placement highlights, to help you choose the best MBA college in Ranchi for your career goals.
Table of Contents
Top 10 MBA Colleges in Ranchi - Rankings 2025
| Rank | College Name | Total Fees (Approx.) | Average Package (LPA) |
|---|---|---|---|
| 1 | IIM Ranchi | Rs. 19.20 L | Rs. 19.3 L |
| 2 | BIT Mesra | Rs. 7.47 L | Rs. 7.9 L |
| 3 | XISS Ranchi | Rs. 8.9 L | Rs. 9.4 L |
| 4 | Sarala Birla University | Rs. 2.99 L | Rs. 5 L |
| 5 | Jharkhand Rai University | Rs. 1.6 L | Rs. 3 L |
| 6 | DSPMU (Dr. Shyama Prasad Mukherjee University) | Rs. 0.8 L | Rs. 4 L |
| 7 | Ranchi University | Rs. 0.5 L – 1 L | Rs. 3 – 4 L |
| 8 | Central University of Jharkhand | Rs. 1 L – 1.5 L | Rs. 4 – 5 L |
| 9 | Sai Nath University | Rs. 1.5 L – 2 L | Rs. 3 – 4 L |
| 10 | ISM – Institute of Science and Management | Rs. 2.5 L – 3 L | Rs. 4 – 5 L |
Top Government Colleges for MBA in Ranchi
1. IIM Ranchi
IIM Ranchi stands tall as the pride of Jharkhand and is among the fastest-growing IIMs in India. Established in 2010, it has quickly earned a reputation for excellence in management education and placements. Known for its rigorous academic curriculum, highly qualified faculty, and global exposure opportunities, IIM Ranchi is the first choice for MBA aspirants in Ranchi. The institute has consistently delivered excellent placements, with top recruiters from consulting, finance, IT, and FMCG sectors offering attractive packages. Its focus on leadership, innovation, and research makes it one of the most promising management institutes in the country
IIM Ranchi – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Government (IIM) |
| Affiliation | Autonomous, Ministry of Education, Government of India |
| Entrance Exams | CAT (Common Admission Test) |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) CAT score |
| Specialisations Offered | Marketing, Finance, Operations, Human Resource Management, General Management, Strategy, IT & Analytics |
| Total Fees | Rs. 19.20 L (approx. for 2 years) |
| Ranking | Consistently among top 25 B-Schools in India (NIRF) |
| Cut-Off (CAT Percentile) | 92–95 percentile (varies by category) |
| Average Package | Rs. 19.3 LPA |
| Highest Package | Rs. 50.4 LPA |
| Top Recruiters | Deloitte, Accenture, McKinsey, BCG, PwC, EY, ICICI Bank, HDFC Bank, Hindustan Unilever, Amazon, Flipkart |
2. BIT Mesra, Ranchi
Birla Institute of Technology (BIT) Mesra is one of the most reputed technical and management institutes in India, established in 1955. The MBA program here is highly valued for its strong academic curriculum, industry-oriented pedagogy, and legacy of producing skilled management professionals. BIT Mesra is especially popular among students seeking a balance of affordable fees and good placement opportunities, making it one of the top MBA choices in Ranchi after IIM Ranchi. The institute’s well-established reputation, experienced faculty, and extensive alumni network add to its credibility in the management education space.
BIT Mesra – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Government-Aided (Deemed University) |
| Affiliation | Birla Institute of Technology, Mesra (Deemed to be University) |
| Entrance Exams | CAT / XAT / CMAT / MAT followed by GD & PI |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) valid entrance score |
| Specialisations Offered | Marketing, Finance, Human Resource, Operations, Information Technology, Systems Management |
| Total Fees | Rs. 7.47 L (approx. for 2 years) |
| Ranking | Consistently ranked among India’s Top 50 Management Institutes |
| Cut-Off (Entrance Exams) | CAT/CMAT/MAT – 70 percentile (approx.) |
| Average Package | Rs. 7.9 LPA |
| Highest Package | Rs. 15.1 LPA |
| Top Recruiters | TCS, Infosys, Wipro, Deloitte, Adani, HDFC Bank, ICICI Bank, KPMG, PwC, Axis Bank |
3. Ranchi University
Ranchi University, established in 1960, is one of the oldest and most reputed government universities in Jharkhand. The MBA program offered here through the Department of Management Studies is known for its affordable fees, experienced faculty, and focus on management fundamentals. While it may not match the placement packages of IIM or BIT, it remains a popular choice for students seeking a low-cost MBA with decent career opportunities. Its government status, academic credibility, and strong alumni presence across industries make it an important option for MBA aspirants in Ranchi.
Ranchi University – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Government University |
| Affiliation | Ranchi University (State University, Govt. of Jharkhand) |
| Entrance Exams | CAT / MAT / CMAT / University Entrance Test |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, Human Resource Management, International Business, Operations |
| Total Fees | Rs. 0.5 L – Rs. 1 L (approx. for 2 years) |
| Ranking | Recognised among top state universities in Jharkhand |
| Cut-Off (Entrance Exams) | Moderate (50–60 percentile range) |
| Average Package | Rs. 3 – 4 LPA |
| Highest Package | Rs. 6 – 8 LPA |
| Top Recruiters | SBI, ICICI Bank, Axis Bank, Tata Steel, Tech Mahindra, Infosys, HCL, Local SMEs |
4. Central University of Jharkhand (CUJ)
Central University of Jharkhand (CUJ), established in 2009 under an Act of Parliament, is a fast-growing central government institution in Ranchi. The university’s School of Management Sciences offers MBA programs that are affordable, research-driven, and focused on creating industry-ready professionals. CUJ is particularly known for combining academic learning with skill-based training, making it a good choice for students who want quality education at a low cost with the credibility of a central university. While its placement packages are modest compared to top private B-schools, the university’s emphasis on academic rigor and value-based learning makes it stand out.
Central University of Jharkhand – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Central Government University |
| Affiliation | Central University of Jharkhand (Established by Parliament Act, 2009) |
| Entrance Exams | CUET-PG / CAT / MAT / University Selection Process |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, Human Resource, Operations, Business Analytics |
| Total Fees | Rs. 1 L – Rs. 1.5 L (approx. for 2 years) |
| Ranking | Recognised among emerging Central Universities |
| Cut-Off (Entrance Exams) | Moderate (CUET-PG qualifying score or 60–70 percentile in CAT/MAT) |
| Average Package | Rs. 4 – 5 LPA |
| Highest Package | Rs. 9 – 10 LPA |
| Top Recruiters | Banks, PSUs, IT Services, Local Corporates, Government Projects |
5. Dr. Shyama Prasad Mukherjee University (DSPMU), Ranchi
Dr. Shyama Prasad Mukherjee University (DSPMU) is a well-known state government university in Ranchi, offering undergraduate and postgraduate programs in various disciplines, including MBA and management studies. Established in 2017 after being upgraded from Ranchi College, DSPMU is steadily building its reputation for affordable management education combined with strong academic foundations. The university is preferred by students seeking a recognized degree at low cost, though placements are still developing compared to top private institutions.
DSPMU Ranchi – MBA Highlights
| Parameter | Details |
|---|---|
| Type | State Government University |
| Affiliation | Dr. Shyama Prasad Mukherjee University, Ranchi |
| Entrance Exams | University Entrance Test / State-level Exams |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, Human Resource, Operations |
| Total Fees | Rs. 60,000 – Rs. 80,000 (approx. for 2 years) |
| Ranking | Growing recognition among state universities in Jharkhand |
| Cut-Off (Entrance Exams) | Moderate |
| Average Package | Rs. 3 – 4 LPA |
| Highest Package | Rs. 6 – 7 LPA |
| Top Recruiters | Local industries, banking sector, small-scale enterprises |
Top Private Colleges for MBA in Ranchi
1. Xavier Institute of Social Service (XISS), Ranchi
XISS Ranchi is one of the most prestigious private management institutes in Jharkhand, established in 1955 and managed by the Society of Jesus (Jesuits). Known for its excellence in management and social service education, XISS has built a strong reputation for producing socially responsible managers and leaders. The institute is highly popular for its PGDM programs, with strong industry linkages, quality faculty, and an excellent placement record.
XISS Ranchi – MBA/PGDM Highlights
| Parameter | Details |
|---|---|
| Type | Private (Jesuit Management Institute) |
| Affiliation/Approval | AICTE approved, Autonomous Institute |
| Entrance Exams | CAT / XAT / CMAT |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) |
| Specialisations Offered | HRM, Rural Management, Finance, Marketing, Information Technology |
| Total Fees | Rs. 9 – 10 Lakhs (approx. for 2 years) |
| Ranking | Among top private B-Schools in Eastern India |
| Cut-Off (Entrance Exams) | Moderate to High (CAT/XAT percentile required) |
| Average Package | Rs. 6 – 7 LPA |
| Highest Package | Rs. 18 – 20 LPA |
| Top Recruiters | Deloitte, PwC, ICICI Bank, HDFC Bank, Infosys, TCS, Accenture, Adani Group |
2. Sarala Birla University (SBU), Ranchi
Sarala Birla University (SBU) is a private university in Ranchi, established in 2017 under the Sarala Birla University Act. Backed by the B. K. Birla Group of Companies, SBU is known for its modern infrastructure, career-oriented curriculum, and focus on holistic education. The university offers a wide range of programs including MBA, B.Tech, BBA, Law, and more. Its MBA program is gaining recognition for practical learning, industry interaction, and placements with reputed companies.
Sarala Birla University – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Private University |
| Affiliation/Approval | UGC approved |
| Entrance Exams | CAT / MAT / XAT / CMAT / University Entrance Test |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, HRM, International Business, IT |
| Total Fees | Rs. 2.5 – 3.5 Lakhs (approx. for 2 years) |
| Ranking | Emerging private university in Jharkhand |
| Cut-Off | Moderate (Entrance test or merit-based) |
| Average Package | Rs. 3 – 4 LPA |
| Highest Package | Rs. 8 – 9 LPA |
| Top Recruiters | HDFC Bank, Axis Bank, Infosys, Tech Mahindra, Aditya Birla Group, Wipro, ICICI Bank |
3. Jharkhand Rai University (JRU), Ranchi
Jharkhand Rai University(JRU) is a private university in Ranchi, established under the Jharkhand State Legislature Act and recognized by the UGC. The university focuses on industry-oriented education and offers programs in management, engineering, law, pharmacy, and agriculture. Its MBA program is designed to equip students with modern managerial skills, entrepreneurial abilities, and corporate exposure.
Jharkhand Rai University – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Private University |
| Affiliation/Approval | UGC approved, AICTE recognized programs |
| Entrance Exams | CAT / MAT / CMAT / University Admission Test |
| Eligibility | Graduation with minimum 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, Human Resource, Operations, IT |
| Total Fees | Rs. 2 – 2.5 Lakhs (approx. for 2 years) |
| Ranking | Emerging private university in Jharkhand |
| Cut-Off | Moderate (Entrance test or merit-based) |
| Average Package | Rs. 3 – 3.5 LPA |
| Highest Package | Rs. 7 – 8 LPA |
| Top Recruiters | ICICI Bank, HDFC Bank, Bandhan Bank, Infosys, Wipro, TCS, Tech Mahindra |
4. Sai Nath University, Ranchi
Sai Nath University(SNU) is a private university established in 2012 under the Jharkhand State Legislature Act and recognized by the UGC. The university offers a wide range of professional programs including management, engineering, law, pharmacy, education, and agriculture. Its MBA program is designed with a focus on practical exposure, industry case studies, and placements in corporate sectors.
Sai Nath University – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Private University |
| Affiliation/Approval | UGC approved, AICTE recognized programs |
| Entrance Exams | University Entrance Test / CAT / MAT / CMAT |
| Eligibility | Graduation with minimum 50% marks |
| Specialisations Offered | Marketing, Finance, HR, IT, International Business |
| Total Fees | Rs. 1.5 – 2 Lakhs (approx. for 2 years) |
| Ranking | Growing private university in Jharkhand |
| Cut-Off | Moderate (Entrance test or merit-based) |
| Average Package | Rs. 2.5 – 3 LPA |
| Highest Package | Rs. 6 – 7 LPA |
| Top Recruiters | HDFC Bank, Axis Bank, Tech Mahindra, Wipro, ICICI Prudential, Religare, Infosys |
5. ISM – Institute of Science and Management, Ranchi
ISM Ranchi (earlier known as Indian Institute of Science and Management) is a reputed private institute established in 1985. It is one of the oldest management institutes in Jharkhand offering MBA and PGDM programs. The institute is known for its industry-aligned pedagogy, experienced faculty, and strong placement assistance.
ISM Ranchi – MBA Highlights
| Parameter | Details |
|---|---|
| Type | Private Institute |
| Affiliation/Approval | AICTE Approved, Affiliated to Ranchi University |
| Entrance Exams | CAT / MAT / XAT / CMAT / ATMA / Institute Test |
| Eligibility | Graduation with minimum 50% marks |
| Specialisations Offered | Marketing, Finance, HR, IT, Operations, International Business |
| Total Fees | Rs. 2.5 – 3.5 Lakhs (approx. for 2 years) |
| Ranking | Among top private MBA institutes in Ranchi |
| Cut-Off | Moderate (Accepts multiple entrance exams) |
| Average Package | Rs. 3 – 4 LPA |
| Highest Package | Rs. 7 – 8 LPA |
| Top Recruiters | HDFC Bank, Axis Bank, Deloitte, Wipro, ICICI Bank, Airtel, TCS, Infosys |
Which MBA College in Ranchi Should You Choose?
If you are aiming for high academic reputation and top placements, institutes like IIM Ranchi, BIT Mesra, and XISS Ranchi are the best choices. Students looking for affordable MBA programs with government recognition can consider Ranchi University, Central University of Jharkhand, or DSPMU. For aspirants who prefer modern infrastructure, flexible programs, and industry-driven courses, private universities such as Sarala Birla University, Jharkhand Rai University, Sai Nath University, and ISM Ranchi are excellent options.
Tips for MBA Aspirants in Ranchi
Choose specialization wisely – focus on trending fields like Finance, Marketing, HR, IT, and Business Analytics.
Evaluate placements and ROI – compare average salary packages with course fees.
Focus on entrance exams – prepare for CAT, XAT, MAT, CMAT, or institute-level tests to increase your admission chances.
Check industry exposure – prefer colleges with strong corporate tie-ups, internships, and live projects.
Look beyond academics – facilities like incubation centers, research support, and skill development matter for long-term growth.
Final Thought
Ranchi has emerged as an educational hub for MBA aspirants, offering a mix of prestigious government institutes and fast-growing private universities. From globally recognized colleges like IIM Ranchi to career-oriented private B-schools, students have plenty of choices to shape their management careers. The key is to align your career goals, financial planning, and specialization interest with the right institution. With the right preparation and college selection, pursuing an MBA in Ranchi can unlock excellent career opportunities in India and abroad.