Ranking, admission process, placements, the fee structure of various MBA colleges are some important selection parameters on which you will finally make a decision. If you are pursuing graduation or a working professional and intend to do an MBA from Jharkhand, then there will be many questions buzzing in your head like for instance which top MBA college in Jharkhand accepts CAT, GMAT,XAT, CMAT or MAT score for the admission to the MBA programs.
Some of the parameters we used to judge these MBA colleges included:-
Our industry experts with more than 20 years of experience have rated the best MBA colleges in Jharkhand on the above factors, and this quantitative data has been then supplemented with qualitative factors such as student feedback, faculty accessibility etc. to give you one of the best B-school rankings lists available online.
Top MBA colleges in Jharkhand accepting CAT, XAT and GMAT scores:-
As a management aspirant, you should be aware of the list of best MBA colleges in Jharkhand that accept CAT, XAT or GMAT scores for the final intake of students in the two-year management program.
One of the top MBA colleges in Jharkhand, IIM Ranchi came into existence in the year 2010. The two year MBA degree offered by IIM Ranchi holds high prestige in the eyes of many stakeholders. A unique feature of IIM Ranchi, one of the best MBA colleges in Jharkhand, is that it is a lone IIM offering a full-time two year programme in Human Resource Management(PGDHRM). The curriculum is designed to enhance their managerial competence and strategic thinking and help them achieve organizational goals.
One of the best MBA colleges in Jharkhand, which is one of the oldest institutions providing management programmes, is XLRI. The institute offers Post Graduate diploma in Business Management and the intake is through CAT entrance followed by written ability test (WAT) and personal interview(PI).
XLRI also offers a fifteen-month fully residential course(PGDM-GM) and it is quite sought after and is very prestigious too. Interested candidates need to have a minimum of five years of work experience. During their stay in the campus, they study diverse subjects like economics, marketing, strategy, business ethics and sustainable development and in the process, develop a wholesome approach. XLRI is also famous for the PGDM(HRM) programme in India and abroad. The future HR professionals are trained in areas like Human Resource Planning, Selection, Performance Management etc.
One of the top MBA colleges in Jharkhand, Xavier Institute of Social Service, Ranchi offers post graduate management programme in diverse areas like Rural Management, HRM, IT etc. Students intending to take admission in this prestigious institute need to clear either of these exams ( XAT/CAT/CMAT).
Another very famous MBA institute that is producing well qualified management graduates is Birla Institute of Technology, Ranchi. Students get enrolled to the MBA programme through CAT /MAT/XAT/CMAT scores followed by group discussion and personal interview. The students are motivated to develop critical thinking and the institute endeavors to develop students into responsible, innovative leaders having a global mindset.
Jharkhand – A preferred state to pursue Management Programs (MBA).
Let’s have a look at the reasons:-
Epicenter for various business activities:-
The most important industry contributing to the growth of Jharkhand is mineral resource industry. The revenue to the state comes from various minerals like iron ore, granite, coal, copper, mica, bauxite, and chromite. Prominent industries like Tata iron and Steel Company, Sriram Bearing, Tata Engineering Locomotive etc has contributed majorly to the growth of Jharkhand. A large number of people engage in agriculture also thereby producing many crops.
The other industries which contribute to the GDP of the state are cottage industry, IT industry, and silk goods. In present times, a youth who is equipped with management education is better placed to face stiff competition in the industry.
Immense career opportunities for Management students:-
Major management colleges and institutes like XLRI, XISS,IIM(Ranchi) and Birla Institute of Technology(Ranchi) are located in Jharkhand. A student who has completed MBA from a reputed college will not face any problem in getting placed in an MNC or other reputed companies. With industry experts projecting a bright future for India, in terms of its economic growth, we need to embrace the future with the requisite skill set.
Let’s have a look at the fee structure and the average salary structure of various colleges:-
Top MBA colleges in Jharkhand - Fee structure and average salary (subject to revision):-
Name of Colleges
Avg. Placement Salary
Indian Institute of Management, Ranchi
Rs 1,530,000 (total fees)
Rs 16.07 LPA
Xavier Labour Relations Institute, Jamshedpur
Rs 11.80 LPA (annual fees)
Rs 22.35 LPA
Xavier Institute of Social Service, Ranchi
Rs 10 Lakhs (total fees) (approx)
Rs 6.5 LPA (approx.)
Birla Institute of Technology, Ranchi
Rs 529000 (total fees)
Rs 4.18 LPA
The best business colleges in India are the ones which offer management education that keeps pace with Global MBA environment. The management colleges should have either been accredited with one or more international accreditations or should be in the process of being awarded with it. These top colleges have a unique pedagogy and highly qualified faculty; the students at the best MBA colleges in India get consistently higher average placements year after year as they become industry ready.
The top ranking MBA colleges include not only the Indian Institutes of Management (IIMs) but also some of the other university-affiliated and private MBA colleges which are doing much better than many of the newer IIMs. The best MBA colleges and a number of IIMs have a similar fee structure, but some of the newer IIMs placements, IIM Admission process and the IIMs average salary in placement tend to lag behind in a number of these best MBA colleges. This exhaustive list of top colleges to pursue your management education from has been compiled after comprehensive research of MBA universities and colleges by our panel of experts.
Therefore, we recommend that first analyze as to what are the parameters which are important for you and then decide the best MBA college that caters to these parameters. Most importantly, you have to give in 100% to achieve your goal. All the best!!!