Ranchi, the capital city of Jharkhand, has grown into a hub for management education in Eastern India. The city offers a perfect combination of education, career opportunities, and affordable living. With several reputed institutions offering AICTE-approved programs, Ranchi attracts students from across India. This guide highlights the best MBA colleges in Ranchi in 2025, their courses, admission processes, fees, placements, and unique features.
Why Choose Ranchi for an MBA?
Ranchi has several advantages for management education:
- Top MBA colleges in Ranchi charge lower fees compared to metro cities while still offering quality education.
- Students can choose between top government MBA colleges and the best private MBA colleges in Ranchi.
- Ranchi has a growing industrial base, giving students access to practical projects and internships.
- Many top colleges record strong placement rates with reputed recruiters.
- Most institutes have AICTE approval, ensuring recognized and standard MBA programs.
TOP 10 BEST MBA COLLEGES IN RANCHI
Discover the top 10 MBA Colleges in Ranchi known for placements, ROI & faculty. Compare fees, courses & rankings to choose the best fit for your career.
1. Indian Institute of Management, Ranchi (IIM Ranchi)
Established in 2009, IIM Ranchi is the best MBA college in Ranchi. The institute is currently ranked 18th by the NIRF in the list of top MBA colleges in India in 2025. IIM Ranchi offers MBA and executive MBA programs with admission based on the CAT and IPMAT exams. It is also one of the top government colleges in Ranchi. IIM Ranchi has strong placement records, with top companies like Amazon, Deloitte, and ICICI Bank recruiting students.
- Courses Offered: MBA and executive MBA
- Admission Process: Admission is based on CAT or IPMAT
- Website: www.iimranchi.ac.in
- Address: Prabandhan Nagar, Nayasarai Road, Ranchi, Jharkhand 835303
IIM Ranchi Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA in HRM | 65 | ₹18.9 lakhs |
| IPM | 120 | ₹17.1 lakhs |
| MBA in Business Analytics | – | ₹18.9 lakhs |
| MBA | 185 | ₹18.9 lakhs |
| Executive MBA | – | ₹12.5 lakhs |
2. Birla Institute of Technology Mesra (BIT Mesra)
Recognized by UGC and among the best AICTE-approved MBA colleges in Ranchi, Birla Institute of Technology was established in 1955. BIT Mesra is the best private MBA college in Ranchi and is ranked 97th in the NIRF list of management institutes in India. The institute is accredited by NAAC with an A grade and offers 220 MBA seats every year. BIT Mesra accepts MAT, CAT, XAT, and CMAT exams for MBA admission.
- Courses Offered: MBA
- Admission Process: Admission is based on MAT, CAT, XAT, or CMAT
- Website: www.bitmesra.ac.in/
- Address: Mesra, Jharkhand 835215
BIT Mesra Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 220 | ₹6.04 lakhs |
3. Xavier Institute of Social Service, Ranchi (XISS Ranchi)
Xavier Institute of Social Service (XISS) Ranchi is recognized as one of the best MBA colleges in Ranchi, accredited by AICTE. Established in 1955, XISS offers MBA programs in Human Resource Management, Rural Management, and Business Management. The institute is consistently ranked among the best private MBA colleges in Ranchi. XISS Ranchi has an annual seat intake of 315 for MBA programs.
- Courses Offered: MBA
- Admission Process: Admission is based on CAT, XAT, or CMAT.
- Website: xiss.ac.in/
- Address: Dr Camil Bulcke Path, Pathalkuduwa, Nayatoli, Ranchi, Jharkhand 834001
XISS Ranchi Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| PGD in HRM | 120 | – |
| PGD in Rural Management | 75 | – |
| PGD in Finance | 60 | – |
| PGD in Marketing | 60 | – |
4. Amity University, Ranchi
Amity University, Ranchi, is a private university that has quickly gained recognition among the top MBA colleges in Ranchi. UGC recognizes the institute and offers various programs, including integrated MBA programs. Amity University is widely regarded as one of the top private MBA colleges in Ranchi with strong industry connections and placement records.
- Courses Offered: MBA and executive MBA
- Admission Process: Admission is based on the CUET exam for integrated programs.
- Website: www.amity.edu/ranchi
- Address: Nayasarai, HEC, Core Capital Area, Amity University Jharkhand, Pundag, Ranchi, Jharkhand 835303
Amity Ranchi Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | – | ₹7.16 lakhs |
| Integrated BBA+MBA | – | ₹13.72 lakhs |
| Executive MBA | – | ₹2.64 lakhs |
| MBA | – | ₹7.76 lakhs |
| MBA in Family Business and Entrepreneurship | – | ₹7.8 lakhs |
5. Central University of Jharkhand, Ranchi (CU Jharkhand)
Founded in 2009, the Central University of Jharkhand is one of the top public universities in Ranchi and the best government MBA college in the city. The institute is one of the AICTE-approved MBA colleges in Ranchi. The institute offers top-quality management programs. Central University of Jharkhand has an annual seat intake of 66 for top MBA programs and accepts the CUET PG exam for MBA admission.
- Courses Offered: MBA
- Admission Process: Admission is based on the CUET PG
- Website: https://cuj.ac.in/
- Address: Brambe Road, Brambe, Jharkhand 835205
CU Jharkhand Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 66 | ₹1.15 lakhs |
6. Jharkhand Rai University, Ranchi (JRU Ranchi)
Established in 2012, Jharkhand Rai University is a private university in Ranchi. JRU is one of the best private MBA colleges in Ranchi and is accredited by NAAC with a C grade. The institute has an annual seat intake of 60 for top MBA programs.
- Courses Offered: MBA
- Admission Process: 50% marks in the bachelor’s degree for MBA admission.
- Website: www.jru.edu.in
- Address: Raja, Namkum, Ulati, Ranchi, Jharkhand 834010
Jharkhand Rai University Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 60 | ₹1.6 lakhs |
7. Ranchi University, Ranchi
Ranchi University is one of the top government universities in Jharkhand. The university is among the top-ranked government MBA colleges in Ranchi, offering top MBA programs. Ranchi University offers top MBA programs through its various affiliated institutes, including Ranchi Women’s College, Doranda College, Marwari College, etc. The university offers over 400 MBA seats and accepts CAT, MAT, XAT, CMAT, and ATMA exams for MBA admission.
- Courses Offered: MBA
- Admission Process: Admission is based on CAT, XAT, MAT, CMAT, or ATMA exams.
- Website: www.ranchiuniversity.ac.in
- Address: Deputy Para, Ahirtoli, Ranchi, Jharkhand 834001
Ranchi University Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 100 | ₹83.4k |
| MBA | 60 | – |
| MBA | 60 | ₹64k |
| MBA | 30 | ₹1.03 lakhs |
| MBA | 120 | ₹80k |
| MBA | 60 | – |
8. Marwari College, Ranchi
Affiliated with Ranchi University, Marwari College is one of the best MBA colleges in Ranchi. Marwari College was founded in 1963 and is accredited by NAAC with B++. The institute has an annual seat intake of 100 for top MBA programs and accepts CAT and MAT scores for MBA admission.
- Courses Offered: MBA
- Admission Process: Admission is based on MAT or CAT.
- Website: www.marwaricollegeranchi.ac.in
- Address: Lake Road, Near Swami Vivekanand Sarovar, Hindpiri, Ranchi, Jharkhand 834001
Marwari College Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 100 | ₹83.4k |
9. Usha Martin University, Ranchi (UMU Ranchi)
Founded in 2012, Usha Martin University is a top private university in Ranchi. Usha Martin University offers MBA in specializations including business analytics, marketing and finance management, business intelligence and data analytics, etc. UMU is among the top private MBA colleges in Ranchi and accepts CUET PG scores for MBA admission.
- Courses Offered: MBA
- Admission Process: Admission is based on the CUET PG.
- Website: www.ushamartinuniversity.com
- Address: Village Narayansoso, Near Angara Block Office, Ranchi-Purulia Highway, Angara, Ranchi, Jharkhand 835103
UMU Ranchi Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| MBA | 60 | ₹4.8 lakhs |
| MBA in Business Intelligence & Data Analytics | 60 | ₹4.8 lakhs |
| MBA in Business Analytics | – | – |
| MBA in Marketing & Finance Management | – | – |
10. Institute of Science and Management, Ranchi (ISM Ranchi)
The Institute of Science and Management (ISM), Ranchi, established in 1985, is recognized as one of the top MBA colleges in Ranchi. ISM Ranchi offers General MBA, MBA in the streams of management and industrial safety, with an annual seat intake of 135. Admission to top MBA programs at ISM Ranchi is based on exams like CAT, MAT, XAT, CMAT, and ATMA.
- Courses Offered: MBA
- Admission Process: Admission is based on CAT, XAT, MAT, CMAT, or ATMA.
- Website: www.ismr.ac.in
- Address: ISM Campus, Pundag, Ranchi, Jharkhand 834004
ISM Ranchi Seats and Fee Structure
| Courses | Total Seats | Total Fees |
| PGD in Management | 75 | ₹3.35 lakhs |
| PGD in Industrial Safety Management | – | – |
| MBA in General Management | 60 | – |
The best MBA Colleges in Ranchi – Seat Intake
Below is the list of top MBA colleges in Ranchi and the total MBA seats offered by them.
| College Name | Total MBA Seats |
| IIM Ranchi | 370 |
| BIT Mesra | 220 |
| XISS Ranchi | 315 |
| Amity University | – |
| CU Jharkhand | 66 |
| JRU Ranchi | 60 |
| Ranchi University | 430 |
| Marwari College | 100 |
| UMU Ranchi | 120 |
| ISM Ranchi | 135 |
Fee Structure of Best MBA Colleges in Ranchi
| College | College Type | Total Fees |
| IIM Ranchi | Public | ₹17.1-₹18.9 lakhs |
| BIT Mesra | Private | ₹6 lakhs |
| XISS Ranchi | Private | – |
| Amity University | Private | ₹2.5-₹13.7 lakhs |
| CU Jharkhand | Public | ₹1.2 lakhs |
| JRU Ranchi | Private | ₹1.6 lakhs |
| Ranchi University | Public | ₹64k-₹1 lakh |
| Marwari College | Private | ₹83.4k |
| UMU Ranchi | Private | ₹4.8 lakhs |
| ISM Ranchi | Private | ₹3.35 lakhs |
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Placement Packages of The best MBA Colleges in Ranchi
| College | Average Placement Package (LPA) | Highest Placement Package (LPA) |
| IIM Ranchi | ₹19.29L | ₹50.39L |
| BIT Mesra | – | ₹20L |
| XISS Ranchi | ₹13.10L | ₹21L |
| Amity University | – | – |
| CU Jharkhand | – | – |
| JRU University | ₹2.86L | ₹11.25L |
| Ranchi University | ₹4.68L | ₹7.25L |
| Marwari College | – | – |
| UMU Ranchi | – | ₹10L |
| ISM Ranchi | ₹6L | ₹19L |
How to Choose the Best MBA Colleges in Ranchi?
When selecting from the best MBA colleges in Ranchi, keep these factors in mind:
Placements: Look for MBA colleges in Ranchi with good placements and strong recruiter ties.
Specializations: Choose colleges offering top MBA programs in Finance, Marketing, HR, Operations, or Rural Management.
Approvals: Select AICTE-approved MBA colleges in Ranchi for credibility.
Exams Accepted: Check if the college accepts CAT, XAT, MAT, or CMAT. (Example: IIM Ranchi accepts CAT, while XISS accepts CAT, XAT, MAT, and CMAT.)
Type of College: Decide between private MBA colleges in Ranchi, like XISS and Amity, or government MBA colleges in Ranchi, like IIM Ranchi, BIT Mesra, and Ranchi University.
Budget: If affordability is a concern, consider Ranchi University or BIT Mesra. If you prefer brand value, go for IIM Ranchi.
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Frequently Asked Questions (FAQs)
1. Which MBA entrance exams are accepted by top colleges in Ranchi?
Top MBA colleges in Ranchi, like IIM Ranchi, accept CAT. Other private colleges may also accept MAT, XAT, CMAT, or ATMA scores.
2. Can I get admission to MBA colleges in Ranchi without CAT?
Yes. While IIM Ranchi requires CAT, many private colleges in Ranchi allow admission through MAT, CMAT, or direct admission based on graduation marks.
3. Do Ranchi MBA colleges offer scholarships or financial aid?
Yes. IIM Ranchi and other universities provide need-based and merit-based scholarships. Many private colleges also tie up with banks for education loans.
4. Which MBA college in Ranchi offers the highest placement package?
IIM Ranchi consistently records the highest packages, with some students receiving offers above ₹30 LPA.
5. What is the average placement salary for MBA graduates in Ranchi?
The average placement salary is around ₹4-6 LPA, with higher packages offered to top performers.
6. Which MBA colleges in Ranchi have the best ROI?
BIT Mesra and Ranchi University have the best ROI because of reasonable fees and good placement opportunities.
7. What is the average MBA fee in Ranchi?
The average MBA fee in Ranchi ranges between ₹2 lakh and ₹6 lakh, depending on the college.
8. Which is the most affordable MBA college in Ranchi?
Government colleges like Ranchi University’s Department of Management Studies offer MBA programs at lower fees compared to private institutes.
9. Which MBA college in Ranchi has the best campus infrastructure?
IIM Ranchi and BIT Mesra are known for their modern campuses, hostels, libraries, and IT facilities.
10. Are there good distance MBA programs available in Ranchi?
Yes. Colleges like IGNOU (Ranchi Regional Centre) and some state universities offer distance MBA programs.
Conclusion – Best MBA Colleges in Ranchi
Ranchi is steadily emerging as an education hub in eastern India, and its MBA colleges reflect that growth. From reputed government MBA colleges in Ranchi, like Ranchi University, to private institutions such as ICFAI, Amity, and Xavier Institute of Social Service (XISS), students here have access to quality management education at affordable fees.
The top MBA colleges in Ranchi stand out not just for academic excellence but also for strong placement opportunities across sectors like finance, IT, consulting, and FMCG. With Ranchi’s growing corporate exposure and supportive learning environment, pursuing an MBA in Ranchi is a smart choice for aspirants looking to balance quality education with reasonable investment.
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