Top 10 MBA Colleges in Bihar: NIRF Ranking, Fees, and Placements

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Bihar, with its vibrant culture, immense historical significance and unique legacy to our nation and India, has started to emerge as a leading spot for higher studies, in specialities of Management, the state offers for a high competition. Following a growing trend of high requirements of effective management skilled manpower in all sectors, several top most MBA Colleges in Bihar are offering management study and providing ample choices for different streams/specializations/career perspectives. Students can now have the insight to filter the Best MBA Colleges in Bihar by considering many factors as quality, fee, entrances etc.

In this article we are providing an analysis for Top MBA Colleges in Bihar 2026 according to NIRF Ranking MBA Colleges in Bihar and other aspects which an student should consider in selecting the college and further in the article we are covering the various details regarding MBA fees in Bihar, MBA placements in Bihar, eligibility criteria, entrance exams, specializations and many other matters pertaining to admission.

Top 10 MBA Colleges in Bihar 2026 – Quick Overview

Rank MBA College Location MBA Programme Entrance Exam MBA Fees Placement
1 IIM Bodh Gaya Bodh Gaya MBA CAT Varies Available
2 Chandragupt Institute of Management Patna (CIMP) Patna MBA/PGDM CAT/CMAT Varies Available
3 Lalit Narayan Mithila University (LNMU) Darbhanga MBA University/Accepted Entrance Varies Available
4 Amity University Patna Patna MBA University/Accepted Entrance Varies Available
5 Birla Institute of Technology (BIT), Patna Patna MBA Accepted Entrance Varies Available
6 International School of Management (ISM), Patna Patna MBA Accepted Entrance Varies Available
7 Magadh University Bodh Gaya MBA University/Accepted Entrance Varies Available
8 Patna University Patna MBA University/Accepted Entrance Varies Available
9 Aryabhatta Knowledge University (AKU) Patna MBA University/Accepted Entrance Varies Available
10 Dr. C.V. Raman University Bihar MBA Accepted Entrance Varies Available

The MBA Colleges in Bihar 2026 are IIM Bodh Gaya, CIMP, LNMU, Amity University Patna, BIT Patna, ISM, Magadh University, Patna University, AKU Patna and Dr. C.V. Raman University. Students have to compare all these MBA Colleges in Bihar with respect to their fees, entrance exam, NIRF ranking, placement and other such things before selecting the apt B-school.

List of Top 10 MBA Colleges in Bihar As Per NIRF Ranking

Find out the best management institutes in Bihar with their NIRF rankings based on several factors such as academic, placement, and faculty reputation. Check and compare eligibility, course fees, and selection methods to help you pick the right business school.

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Indian Institute of Management (IIM), Bodh Gaya

Located in Bihar, the IIM Bodh Gaya is one of the more recognized management institutes with well defined study programs, with well equipped facilities and well experienced teachers and guides that draws most of the students desiring for the Best MBA Colleges in Bihar and a good quality MBA study program.

  • NIRF Ranking: IIM Bodh Gaya is ranked among the top 100 management institutes in India. The institute is known for its rigorous academic programs, state-of-the-art infrastructure, and experienced faculty.
  • Fees: The fee for the two-year Online MBA program at IIM Bodh Gaya is approximately INR 10.5 lakhs.
  • Placements: IIM Bodh Gaya has a commendable placement record, with an average package of around INR 12.5 Lakh Per Annum (LPA) and the highest package reaching up to INR 24 LPA. Top recruiters include Deloitte, ICICI Bank, and Amazon.
  • Specializations: The institute offers various specializations, including Finance, Marketing, Operations, Human Resource Management, and Information Systems, enabling students to choose their area of interest.

IIM Bodh Gaya is overall, a significant selection amongst the Best MBA Colleges in Bihar 2026 to compare MBA courses, fees, specializations and placements with.

Chandragupt Institute of Management Patna (CIMP)

Chandragupt Institute of Management Patna (CIMP) is a renowned management institute in Bihar offering excellent management education, industry interface and practical approach. It presents a great choice for the students competing for Top MBA Colleges in Bihar 2026.

  • NIRF Ranking: CIMP is consistently ranked among the top 100 management institutes in India, known for its focus on practical learning and industry exposure.
  • Fees: The fee for the two-year MBA program at CIMP is approximately INR 7.65 lakhs.
  • Placements: The institute has a strong placement record, with an average package of around INR 6 LPA and the highest package going up to INR 12 LPA. Recruiters such as HDFC Bank, TATA Motors, and ITC regularly visit the campus.
  • Specializations: CIMP offers specializations in Marketing, Finance, Operations, and Human Resource Management.

So on a general level, for candidates who require hands-on management education, industrial interactions and opportunities of placement, CIMP is also a viable choice for Best MBA Colleges in Bihar.

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

Lalit Narayan Mishra Institute of Economic Development and Social Change (LNMI), Patna is a popular management institute in Bihar which provides Management and Information Technology programmes. LNMI Patna is one of the option when students are comparing top MBA Colleges in Bihar 2026 on affordable fees, courses offered, specializations offered, and the placement facilities.

  • NIRF Ranking: LNMI is recognized as one of the top management colleges in Bihar, offering quality education in management and information technology.
  • Fees: The total fee for the two-year MBA program at LNMI is approximately INR 2.5 lakhs, making it one of the more affordable options.
  • Placements: The institute has an average placement package of around INR 4.5 LPA, with the highest package reaching up to INR 8 LPA. Some of the top recruiters include Axis Bank, Reliance, and Wipro.
  • Specializations: LNMI offers specializations in Marketing, Finance, Human Resource, and Information Technology.

Overall, LNMI Patna is a choice for the students who want to opt Best MBA Colleges in Bihar along with affordable fees and specialization in variety of management streams.

Amity University, Patna

Amity University, Patna is one of the good private universities in Bihar and can be considered by the aspirants looking for Top MBA Colleges in Bihar 2026 on the parameters of program choice, fees, specialization, placement etc. It is a choice of students who are comparing the best MBA colleges on various criteria in Bihar in 2026.

  • NIRF Ranking: Amity University is among the leading private universities in Bihar, known for its modern infrastructure and emphasis on holistic education.
  • Fees: The fee for the two-year MBA program is approximately INR 6.8 lakhs.
  • Placements: The university has an average placement package of around INR 5.5 LPA, with the highest package reaching up to INR 10 LPA. Prominent recruiters include Byju’s, HCL, and L&T.
  • Specializations: Specializations offered include Marketing, Finance, Human Resources, Operations, and International Business.

Amity University, Patna is quite a reasonable choice for those seeking a Best MBA Colleges in Bihar having variety MBA specializations, good academic facilities and best career option.

Birla Institute of Technology (BIT), Patna

BIT Patna is a renowned education institute for both management and technical education in Bihar. It is well acknowledged among the student community in the state for its proficient educational courses, research perspective, and industrial practices. This could be a preferred option for the students when compared among Top MBA Colleges in Bihar 2026 on a scale considering the study, fees, specializations and placements.

  • NIRF Ranking: BITS Pilani Patna is ranked among the top 100 management institutes in India, known for its strong academic programs and research-oriented approach.
  • Fees: The fee for the two-year MBA program is approximately INR 6 lakhs.
  • Placements: BIT Patna has an average placement package of around INR 6 LPA, with the highest package going up to INR 11 LPA. The campus is visited by top recruiters such as Infosys, TCS, and Cognizant.
  • Specializations: The institute offers specializations in Marketing, Finance, Information Systems, Human Resource, and Operations.

Overall, BIT Patna would be a consideration for those students looking at the Best MBA Colleges in Bihar, and who want to pursue their management education with academic as well as technical inputs.

International School of Management (ISM), Patna

The International School of Management (ISM), Patna is a B-school in the state of Bihar focused towards providing quality academic education and industry exposure along with the career building approach. It can be one of the choices for the students who are looking to find the Top MBA Colleges in Bihar 2026 by comparing and contrasting it on the parameters like Fees, Placements and Specialization.

  • NIRF Ranking: ISM Patna is recognized as a leading management institute in Bihar, offering a blend of academic excellence and industry exposure.
  • Fees: The total fee for the two-year MBA program is approximately INR 3.5 lakhs.
  • Placements: ISM Patna offers an average placement package of around INR 4 LPA, with the highest package reaching up to INR 7 LPA.
  • Specializations: The institute offers specializations in Marketing, Finance, Human Resource, and Information Technology.

Overall, ISM Patna can be a consideration for students who are aspiring for Best MBA colleges in Bihar providing competitive fees, various specialization options in management, with a learning approach which could enhance the career graph.

Magadh University, Bodh Gaya

Magadh University, Bodh Gaya is an important public university in Bihar. It provides various kinds of programs at graduation and post-graduation levels. It is one of the choices of students interested in Top MBA Colleges in Bihar 2026 & wants to compare MBA colleges according to fees, specialization, academic opportunities and placements.

  • NIRF Ranking: Magadh University is ranked among the top public universities in Bihar, known for its extensive range of undergraduate and postgraduate programs.
  • Fees: The fee for the two-year MBA program is approximately INR 1.8 lakhs.
  • Placements: The average placement package is around INR 3.5 LPA, with the highest package reaching up to INR 6 LPA.
  • Specializations: Specializations include Marketing, Finance, Operations, and Human Resource.

So if anyone searching for Best MBA Colleges in Bihar with the Cheapest MBA fee structure and different specialization choices, they can give Magadh University, Bodh Gaya a thought for.

Patna University, Patna

Patna University, Patna is a Famous, old and one of the top universities in Bihar known for academic excellence in higher education. Patna University can also be considered while looking for the Top MBA Colleges in Bihar 2026, comparing MBA programs in terms of fees, specializations, and placement

  • NIRF Ranking: As one of the oldest universities in Bihar, Patna University enjoys a reputation for academic excellence.
  • Fees: The fee for the two-year MBA program is approximately INR 1.2 lakhs, making it one of the most affordable MBA programs in the state.
  • Placements: The university offers an average placement package of around INR 3 LPA, with the highest package going up to INR 5 LPA.
  • Specializations: Specializations offered include Marketing, Finance, Operations, and Human Resources.

Overall, Patna university could be option by students who searching for Best MBA Colleges in Bihar with moderate fee structure, the known quality and experience in academia and wide range of MBA specializations.

Arya Bhatt Knowledge University (AKU), Patna

The Aryabhatta Knowledge University (AKU) Patna is one of the top state higher education institutions in Bihar, which now is developing its base on professional and management courses. It can also be considered as a college choice for students who are surfing the list of Top MBA Colleges in Bihar 2026, comparing MBA courses in their different perspectives as fee structures, specializations, academic careers and their placement trends.

  • NIRF Ranking: AKU is recognized as an emerging institution for higher education in Bihar, with a growing focus on management education.
  • Fees: The fee for the two-year MBA program is approximately INR 2.5 lakhs.
  • Placements: The university has an average placement package of around INR 3.5 LPA, with the highest package reaching up to INR 7 LPA.
  • Specializations: AKU offers specializations in Marketing, Finance, Human Resource, and Operations.

Finally, the student Looking the Best MBA Colleges in Bihar can take into account the Aryabhatta Knowledge University (AKU), Patna, which has several specialization options in MBA and has affordable fee structure.

Dr. CV Raman University, Bihar

Dr. C.V. Raman University is a Brand New higher education institute with a mission to provide higher education. This is an alternative you can find when looking to consider a Top MBA College in Bihar 2026 by the MBA fees, specializations & placement of the institutes.

  • NIRF Ranking: Dr. CV Raman University is among the newly established universities in Bihar, focused on providing quality education and promoting research.
  • Fees: The fee for the two-year MBA program is approximately INR 2 lakhs.
  • Placements: The university offers an average placement package of around INR 3 LPA, with the highest package reaching up to INR 5 LPA.
  • Specializations: Specializations include Marketing, Finance, Operations, and Human Resources.

Dr. C.V. Raman University could be considered by students aspiring to achieve their dream of pursuing the Best MBA Colleges in Bihar at a reasonable fee and specialization.

MBA Colleges in Bihar – Comparison

MBA College Location MBA Fees (Approx.) Average Package Highest Package Popular Specializations
IIM Bodh Gaya Bodh Gaya ₹10.5 Lakh ₹12.5 LPA ₹24 LPA Finance, 
Marketing, 
Operations, 
HRM, 
Information Systems
Chandragupt Institute of Management (CIMP) Patna ₹7.65 Lakh ₹6 LPA ₹12 LPA Marketing, 
Finance, 
Operations, 
HRM
LNMI Patna Patna ₹2.5 Lakh ₹4.5 LPA ₹8 LPA Marketing, 
Finance, 
HR, 
IT
Amity University, Patna Patna ₹6.8 Lakh ₹5.5 LPA ₹10 LPA Marketing, 
Finance, 
HR, 
Operations, 
International Business
BIT Patna Patna ₹6 Lakh ₹6 LPA ₹11 LPA Marketing, 
Finance, 
Information Systems, 
HR, 
Operations
International School of Management (ISM) Patna ₹3.5 Lakh ₹4 LPA ₹7 LPA Marketing, 
Finance, 
HR, 
IT
Magadh University Bodh Gaya ₹1.8 Lakh ₹3.5 LPA ₹6 LPA Marketing, 
Finance, 
Operations, 
HR
Patna University Patna ₹1.2 Lakh ₹3 LPA ₹5 LPA Marketing, 
Finance, 
Operations, 
HR
Aryabhatta Knowledge University (AKU) Patna ₹2.5 Lakh ₹3.5 LPA ₹7 LPA Marketing, 
Finance, 
HR, 
Operations
Dr. C.V. Raman University Bihar ₹2 Lakh ₹3 LPA ₹5 LPA Marketing, 
Finance, 
Operations, 
HR

Is Admission to Top MBA Colleges in Bihar Worthy?

Choosing the right MBA college is crucial for shaping your career in management. The top MBA colleges in Bihar, such as IIM Bodh Gaya, CIMP, and LNMI, provide a blend of theoretical knowledge and practical exposure, which is essential for succeeding in the corporate world.

These colleges have collaborations with top companies, ensuring robust placement opportunities for their students.

Moreover, the cost of living in Bihar is relatively lower compared to other major cities in India.

This makes Bihar an attractive destination for pursuing an MBA, especially for students who are looking for quality education at an affordable cost. The return on investment (ROI) is favorable, given the reasonable fees and promising placement records. With the growing business ecosystem in Bihar, graduates from these top colleges are increasingly in demand.

Which is the No. 1 MBA College in Bihar?

According to NIRF 2025 Management Ranking,IIM Bodh Gayais the No.1 MBA college in the state of Bihar. It has achieved 31st position in India and is ranked highest among Bihar management institutes in NIRF Management ranking.

MBA Fee in Bihar

MBA Fee structure in Bihar is normally 1 lakh and can go up to 20 lakh or even higher considering the institutes, program and facility provided.

Government MBA Colleges in Bihar MBA

A Fee structure of government MBA colleges generally falls around 1 lakh and can go up to 8 lakh depending upon the university for whole course.

Private MBA Colleges in Bihar MBA

For Private MBA colleges the MBA Fee structure would generally revolve from 2 Lakh up to 10 Lakh depending on the university and programs.

IIM MBA fee structure in Bihar MBA

For IIM Bodh Gaya The MBA Fee structure is considerably higher when compared to almost all MBA colleges in Bihar where the MBA Fee structure can go between 15-20 Lakh range

MBA College Category Approx. MBA Fee Range
Government MBA Colleges ₹1–8 Lakh
Private MBA Colleges ₹2–10 Lakh+
IIM Bodh Gaya ₹15–20 Lakh

MBA Entrance Exams Supported by Top 10 MBA Colleges in Bihar

To secure admission in the top MBA colleges in Bihar, candidates must clear one of the following MBA entrance exams in india:

  • Common Admission Test (CAT): The CAT is the most widely accepted MBA entrance exam in India, and it is required for admission to IIM Bodh Gaya and several other prestigious colleges.
  • Management Aptitude Test (MAT): The MAT is another popular entrance exam accepted by several MBA colleges in Bihar, including CIMP, LNMI, and ISM Patna.
  • Xavier Aptitude Test (XAT): The XAT is accepted by a few select private institutes in Bihar.
  • Graduate Management Admission Test (GMAT): The GMAT is primarily accepted by IIMs and a few other top private institutions.
  • Common Management Admission Test (CMAT): The CMAT is accepted by several MBA colleges, including CIMP and BIT Patna.
  • University-Specific Entrance Exams: Some universities, such as Patna University and Magadh University, conduct their own entrance exams for MBA admissions.

MBA eligibility criteria in Bihar

Eligibility criterion of MBA colleges in Bihar varies from institution to institution. Most of the MBA colleges in Bihar ask for candidates to fulfill following basic criteria:

Eligibility Criteria Requirement
Educational Qualification Bachelor’s degree in any discipline from a recognised university
Minimum Marks Usually 50% aggregate marks; 45% for reserved categories, as applicable
Entrance Exam Valid score in an accepted exam such as CAT, XAT, CMAT, MAT, GMAT, or other approved exams
Work Experience Not mandatory for most MBA programmes; some institutes may prefer relevant experience
Selection Process May include Group Discussion (GD), Personal Interview (PI), entrance score, and academic performance

How to Get Admission to an MBA College in Bihar?

  • Check Eligibility: Complete a bachelor’s degree with the required marks.
  • Appear for Entrance Exam: Take CAT, XAT, CMAT, MAT, GMAT, BCECE, or an accepted exam.
  • Apply to Colleges: Submit the MBA application form before the deadline.
  • Attend GD/PI: Participate in Group Discussion and Personal Interview if required.
  • Complete Admission: Pay the required fees and complete the admission formalities.

MBA Placements Bihar

Placement for MBA in Bihar differs from college, program and industry-wise. You should analyze Average Package, Median Package, Placement Rate, Fees, Internship and job prospectus rather than Top Package.

Placement Factor What Students Should Check
Average MBA Package Typical salary offered to students
Highest MBA Package Highest reported salary in the placement year
Placement Percentage Percentage of eligible students placed
Top Recruiters Companies hiring MBA graduates
Internship Opportunities Industry exposure and pre-placement experience
Career Opportunities Roles in Finance, Marketing, HR, Operations, IT, etc.
ROI Placement outcomes compared with total MBA fees

Which MBA College in Bihar Has the Best Placement?

The IIM Bodh Gaya offers one of the best MBA placements in Bihar. However, candidates must never consider highest package when comparing one college to another. Rather, average package, median package, placement percentage, MBA fee, top recruiters and ROI provide a clearer perspective of placements.

Conclusion

Choosing one of the top MBA colleges in Bihar, as per the NIRF ranking, offers significant value through strong placement records, diverse specializations, and affordable fees.

The list of top 10 MBA colleges in Bihar ensures quality education, competitive eligibility criteria, and excellent career prospects.

Admission is based on performance in entrance exams supported by these colleges, making it a worthy investment for aspiring MBA candidates aiming for success in their professional journeys.

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