Jharkhand which is one of the newly formed states in North India has a lot of colleges and Universities offering numerous graduates, post graduate and also doctoral courses in several disciplines.It has made a considerable progress in educational field and offers excellent colleges.Cities like Jamshepur,Bokaro and Ranchi has witnessed increasing influx of college students. Below given is the list of top 10 MBA colleges in Jharkhand offering variety of courses:

1.XLRI-Xaviers School of Management, Jamshedpur

XLRI is one of the leading  management colleges  in India.Admission to these programs is through XLRI’s entrance test XAT (Xavier Aptitude Test) and GMAT. After applying for XAT, candidates apply to other member colleges, which use XAT scores for their respective admissions.[6] XLRI updates the admission procedure on its website every year.[7][8] XLRI has 180 seats each in its Business Management & Human Resource Management (erstwhile PMIR) programs, 20 seats in its two-year Global Business Management, and 180 seats in the one-year General Management Program (popularly known as GMP). In 2015, 360 first-year students found Summer Internship Placements in 92 companies, in addition to the Bill and Melinda Gates Foundatin,Sir Ratan Tata Trust and EVidyaloka Trust.

  • Placement opportunity:
  • Total Number of PPOs received: 121 for a batch of 359, a significant increase in PPOs over last year
  • The median salary offered to the batch is INR 19.00 lakhs per annum while the average is INR 19.21 lakhs. Both these figures have shot up over last year
  • Average CTC in the Marketing Space: 21.8 lpa
  • Average CTC in the operations Space: 26.5 lpa
  • Number of participating firms: 139, with 42 first time recruiters/roles
  • Number of offers with a CTC greater than 25 lpa up by 18%
  • Number of new roles opened up on campus see a rise of 17% over last year

    2.Indian Institute of Management,Ranchi

The ninth Indian Institute of Management was established at Ranchi in 2010. IIM Ranchi currently offers a two year PGDM in General management, which is the flagship programme. Going by the growing importance and indispensability associated with human resources, it is the only IIM offering a full-time two year programme in Human Resources Management (PGDHRM).It also offers Fellow Program in Management (FPM), a fellowship programme funded by the government and an 24-month part time Diploma in Management (PGEXP). It has  also launched a certified Barefoot Manger program to promote entrepreneurship and to impart livelihood skills among the school drop outs and illiterates. The programs are carried out in a world-class fashion with students being exposed to case-studies, relevant projects and relevant industry experience apart from class pedagogy.

  • Placements:

IIM Ranchi provides excellent placement to its students.Some of the recruiters are:

  • Aditya Birla Group
  • Asian Paints
  • Bosch
  • Deloitte
  • Google
  • SBI
  • Yes Bank
  • Samsung
  • Wipro


  • INR 57 LPA -highest CTC international
  • INR 15.24 – average CTC international
  • INR 26 LPA- highest CTC domestic
  • INR 14.8 LPA – average CTC domestic

3.Birla Institute of Technology,Mesra

BIT Mesra has been accredited by the National Assessment & Accreditation Council (NAAC) & the National Board of Accreditation (NBA) established by the UGC & AICTE respectively.The Institute has made significant forays into international academics by becoming a part of international ventures and tie-ups. BIT Mesra has collaborative arrangements with Universities in the USA, UK & Canada. It is also an active member of the ‘EAGER NETWIC’ Project under the Asia Link programme of European Commission. This is to establish a world-class academic network of higher education in the rapidly growing field of Wireless and Mobile Communication between the five partner Universities.

  • Placements:

Some of the recruiters are:

Situated in the heart of the country’s prime coking coal belt, 260 kms from Kolkata with a campus spread over an area of 393 acres, (with 218 acres of existing campus and 175 acres under acquisition and development) the fully residential IIT(ISM) has all the facilities of world class academic institute. What started as an institution to impart mining education has graduated into a full-fledged technical institution of international acclaim offering a host of programmes like B. Tech., M. Tech., M. Sc. Tech., and MBA. In addition the School offers M. Phil. and full as well as part time Ph. D. programmes, while also awarding D.Sc. as the highest degree of academic achievement.

  • Placement:

Some of the recruiters are:

Xavier Institute of Social Service (XISS) Ranchi has a legacy which is more than 500 years old. The Institute is managed and governed by Society of Jesus – more popularly known as “Jesuits”. Because XISS has been producing well rounded professionals from its inception, placements have always been good at XISS. In the last year a total of 83 organisations visited the campus – out of which 35 were first time recruiters or visited the campus after a long time. A total of 259 job offers were made and accepted at an average salary of Rs. 5.33 lakhs per annum and the highest salary of Rs. 13.5 lakhs per annum.

  • Placement:

Some of the recruiters are:

  • Cognizant
  • Jet Airways
  • Essar
  • Mahindra
  • ICICI Bank
  • LG

6.Institute of  Science and Management,Ranchi

Institute of science and management(ISM), ranchi one of the leading business schools in india, was established in 1985. it is approved by All India Council for Technical Education (AICTE), New Delhi. gradually, the college has made tremendous progress and currently, it is among the best management institutes in the region.

7.Institute of Management Studies,Ranchi

Institute of Management Studies (IMS), Ranchi, abbreviated IMS Ranchi, IMS RU or MBA RU, is a public business school and was established in the year 2002 as a constituent unit of for imparting high quality education in the field business management. The institute has since then made rapid strides and has today emerged as one of the better known management institutes in the region.

Within a short period of time, the institute has set milestone in the field of management education. The institute has a strong resource base to impart quality management education in four disciplines, viz. Marketing, Finance,HR and IT.

  • Placement:

Some of the recruiters are:

  • Jindal
  • ICICI Bank
  • Tata Steel
  • Cipla
  • Usha Martin
  • Tata Consultancy Services
  • Airtel
  • SAIL

    8.Cambridge Institute of Technology


    Cambridge Institute of Technology was established in the year 2001 at TatCambridge Inisilwai.The institute has been promoted by Cambridge Trust of India, a registered body under Indian Trust Act. The Board of Governors of the trust comprises of Educationists, Technocrats, Social Workers and Philanthropists.Since its establishment, the institute has grown and flourished rapidly and is today one of the most premier engineering institutes of the country. The institute is approved by All India Council for Technical Education (AICTE) New Delhi, Government of Jharkhand and affiliated to Ranchi University, Ranchi. 

  • Placement:

Some of the recruiters are:

  • Lafarge
  • CMS
  • Aptech
  • JKT
  • Mahindra

9.S.N Sinha Institute of Business Management

S. N. Sinha Institute of Business Management (SNSIBM), Ranchi, was established in 1978 under Satyendra Narayan Sinha Educational Trust for conducting MBA Management Studies.The Institute is approved by AICTE (All India Council for Technical Education , Govt. of India) for conducting MBA,PGDM and PhD in Management Studies. The Institute is also conducting Short term courses in various management disciplines. S.N.Sinha Institute of Management is having tie-up for faculties/students with some of the reputed national and International Institutions.

10.Institute of Professional Studies and Research

IPSAR Jamshedpur started as an endeavor in 1988 by Dr. R.N. Misra.From the very beginning faculty governance, student discipline, academic ambience, ever modernization in infrastructural support, value added programmes, focused approach for all round personality development have all contributed in IPSAR establishing a brand equity in the field of professional education. Started on a humble rented accommodation at Cuttack, it has now the pride of having three campuses in the heart of Cuttack city – CDA with a build up area of more than 125000 sq ft. Institute of Professional Studies and Research – IPSAR Jamshedpur is now become a leading group of educational institution.


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