Looking for MBA Colleges In Jharkhand? You are at the right place. Here is the list of our top 10 recommendations for MBA colleges in Jharkhand along with their details.
Jharkhand, situated in eastern India, is recognized as ‘the land of forests.’ It shares borders with West Bengal to the east, Chhattisgarh to the west, Uttar Pradesh to the northwest, Bihar to the north, and Odisha to the south. Ranking as the 15th largest state in terms of area and 14th largest in population, Jharkhand is famed for its scenic waterfalls, hills, and significant religious sites like Baidyanath Dham, Parasnath, Dewri, and Rajrappa.
Jharkhand’s economy, bolstered by initiatives like Jharcraft, saw its GDP reach ₹3.83 lakh crore in 2020–21. Per capita GDP stood at ₹82,430 in 2018-19. Agriculture plays a vital role, with farmers cultivating various crops including rice, wheat, maize, and vegetables like tomato and cabbage. Cottage industries thrive alongside the burgeoning IT sector, contributing to the state’s economic diversity and growth.
MBA is one of the top courses after graduation and an almost guaranteed way to get the job of your dreams. With a focus on business growth, progress, financial stability, personal development, and career development, Jharkhand offers top-notch MBA programs that equip students with the skills and knowledge to succeed in the competitive business world. Another popular course to pursue that leads to considerable career advancement is digital marketing.
In this blog, we will delve into some of the top MBA colleges in Jharkhand, and how they provide a conducive culture and environment for holistic development and professional growth.
The Best MBA Colleges in Jharkhand
Let’s have a look at the top 10 MBA colleges in Jharkhand along with their details:
1. XLRI Jamshedpur
Xavier School of Management, formerly known as Xavier Labour Relations Institute, is a private business school administered by the Society of Jesus (Jesuits) in Jamshedpur, Jharkhand, India. Established in 1949, it’s one of India’s oldest business schools. In 2020, the society initiated a new campus in Jhajjar, Delhi.
XLRI is committed to responsible management education as a signatory of PRME. It actively engages in social initiatives and prioritizes sustainability, aiming to achieve carbon neutrality for its campus by 2020. In 2022, XLRI secured the eighth position among management schools in India as per the National Institutional Ranking Framework (NIRF). Earlier, in 2020, it clinched the top spot in Outlook India’s list of “Top Private MBA Institutes.” XLRI is among the top MBA Colleges In Jharkhand.
XLRI offers several management programs including two-year diplomas in Business Management and Human Resource Management, an 18-month full-time residential diploma in General Management, a three-year diploma for working executives, a Fellow Programme in Management, and a program on Innovation, Entrepreneurship & Venture Creation. These programs are designed to accommodate different schedules and professional backgrounds, ensuring accessibility and flexibility for Indian students seeking quality management education at XLRI.
| Website | https://xlri.ac.in/ |
|---|---|
| Chairman: | T. V. Narendran |
| Fee structure: | INR 24,00,000 (Per year) |
| Criteria: | 50% in Graduation + CAT |
2. IIM Ranchi
IIM Ranchi, a public business school in Ranchi, Jharkhand, India, was founded on December 15, 2009, as the ninth Indian Institute of Management. Since its establishment, IIM Ranchi has progressed by introducing various programs guided by its Vision, Mission, and Core Values. Initially offering a two-year MBA program, it became the flagship course. Recognizing the importance of human resource management, a two-year MBA in HRM was added in 2012. Responding to industry needs, a two-year MBA in Business Analytics was introduced in 2021. The institute also launched an Integrated Program in Management for students right after Class XII.
The institute ensures continual industry interaction and enriches learning with lectures from seasoned industry experts. Students benefit from a holistic environment designed to enhance their managerial skills and cultivate well-rounded professionals.
In 2023, the National Institutional Ranking Framework (NIRF) management ranking placed IIM Ranchi at the 24th spot. This ranking signifies the institution’s notable standing in the realm of management education.
| Website | https://iimranchi.ac.in/ |
|---|---|
| Chairman: | Pravin Shankar Pandya |
| Fee structure: | INR 17,20,000 |
| Criteria: | 50% in Graduation + CAT |
3. Xavier Institute of Social Service Ranchi
Established in 1955, the Xavier Institute of Social Service (XISS) began as an extension department of St. Xavier’s College, Ranchi. Its initial aim was to train young individuals in Rural Development, Personnel Management, and Industrial Relations. By 1973, it became a separate educational society under the Societies Registration Act, 1860. Moving to its current location in 1978, XISS has since carved its niche as a distinguished institution in management education, research, consultancy, and development interventions, garnering recognition for its contributions in these fields.
Their goal is to create a top-notch academic hub that focuses on building a better society based on peace, fairness, and understanding. They aim to become a leading business school in India, offering various programs and projects to help communities. Their aim is to train leaders who care about others, are skilled, and are committed to making the world a better place for everyone, especially those who are struggling.
IIM Ranchi is the pioneer in offering a specialized PGDHRM course. It currently provides a 2-year PGDM in General Management, a 2-year full-time program in Human Resources Management (PGDHRM), a Fellow Program in Management, and an 18-month part-time Diploma in Management (PGEXP). Additionally, it has introduced a certified Barefoot Manager program aimed at fostering entrepreneurship and providing livelihood skills to school dropouts and illiterates.
| Website | https://xiss.ac.in/ |
|---|---|
| Chairman: | Ft Ajit Kumar Xess SJ |
| Fee structure: | INR 800,000 |
| Criteria: | 50% in Graduation + MPMET/CMAT |
4. IIT Dhanbad
IIT Dhanbad, a renowned public technical university in India, holds a significant place among the country’s premier engineering institutions. Situated in the mineral-rich city of Dhanbad, it was founded on December 9, 1926, by the British Indian Government, following the model of London’s Royal School of Mines. Over the years, it has earned its status as an Institute of National Importance and continues to be a prestigious centre for technical education in India.
On May 25, 2016, the Union Cabinet, led by Prime Minister Modi, approved the amendment of the Institutes of Technology Act, 1961, to transform ISM Dhanbad into an Indian Institute of Technology. The Parliament of India also approved the amendment, which was later signed into law by the President and officially published in the Gazette of India on August 10, 2016.
In 2023, IIT (ISM) Dhanbad secured a rank between 281 to 290 in Asia on the QS World University Rankings. Times Higher Education World University Rankings of the same year placed it between 1001 to 1200 globally. The institute’s Department of Management Studies garnered the 46th position in NIRF’s 2022 ranking for its management course.
| Website | https://www.iitism.ac.in/ |
|---|---|
| Chairman: | Prem Vrat |
| Fee structure: | INR 190,250 (Per year) |
| Criteria: | 60% in Graduation + SAGE-JEE (SEE) |
5. Netaji Subhas University, Jamshedpur (NSU)
Netaji Subhas University (NSU), previously known as Netaji Subhas Institute of Business Management, is a private university situated in Jamshedpur. Established in 2018 under the Sitwanto Devi Mahila Kalyan Sansthan, it holds recognition from the University Grants Commission (UGC) and approvals from BCI, NCTE, AICTE, and PCI.
With 12 departments and a research centre, NSU provides a variety of undergraduate, postgraduate, doctoral, and diploma programs across fields like Mass Communication, Law, Pharmacy, Engineering, Technology, IT, Music, Business Administration, Hospitality, and Training.
NSU upholds values like integrity, respect, courage, and excellence. Through dedication to quality education, research, innovation, and infrastructure, it has excelled in its field. With mottos like “I Can & I Will” and “Believe in You,” NSU is committed to empowering youth for tomorrow. It remains locally engaged, striving to make today magical for its students. NSU’s relentless efforts have established it as a beacon of inspiration in the Indian educational landscape.
| Website | https://www.jaipuria.ac.in/indore/ |
|---|---|
| Chancellor: | Madan Mohan Singh |
| Fee structure: | INR 300,000 |
| Criteria: | 50% in Graduation + CAT |
6. Birla Institute of Technology – Mesra
Established in 1955 in Mesra, Ranchi, Birla Institute of Technology, Mesra (BIT, Mesra) is a government-funded technical institute (GFTI), now deemed university, situated in Ranchi, Jharkhand, India. Founded by industrialist B. M. Birla, it later saw leadership from G. P. Birla, with the current chairman being C. K. Birla. BIT, Mesra attained the status of a deemed university under Section 3 of the UGC Act. BIT Mesra has received accreditation from both the National Assessment & Accreditation Council (NAAC) and the National Board of Accreditation (NBA), which are established by the UGC and AICTE respectively.
Birla Institute of Technology, Mesra secured a spot in the 401-450 band in the latest 2024 QS World Rankings (Asian Category). In the realm of engineering institutions, it clinched the 17th position according to India Today’s National Institutional Ranking Framework and stood fifth among private engineering colleges according to Outlook India in 2022.
BIT Mesra’s mission is to educate students across various academic levels for roles in engineering and management within the industry. The institution focuses on enhancing the teaching, learning, and research skills of its faculty. Additionally, BIT Mesra aims to deliver exceptional technological services to meet industry demands and societal academic requirements.
| Website | https://www.bitmesra.ac.in/ |
|---|---|
| Chairman: | CK Birla |
| Fee structure: | INR 251,000 (Per year) |
| Criteria: | 50% in Graduation + CMAT |
7. Amity University Ranchi
Amity University in Ranchi is established by the not-for-profit Amity Foundation and aims to be a leading multi-disciplinary institution offering undergraduate, postgraduate, and doctoral programs. With approval from UGC, AIU, and accreditation by NAAC with a grade of “A”, it emphasizes high-end research and international collaborations for student exposure and faculty research opportunities.
Amity University’s mission is to offer education across various fields, including emerging areas of knowledge, while fostering students’ personal growth. They aim to cultivate not only skilled professionals but also individuals with a strong moral compass and a sense of cultural pride. The university is dedicated to academic excellence, ensuring top-notch teaching, research, and scholarship. Integrity and ethics are paramount, with a commitment to transparency and accountability.
Amity University values diversity and mutual respect, promoting an inclusive environment where all feel safe and valued. They prioritize expanding the horizons of knowledge through research and innovation, fostering creativity and excellence.
| Website | https://amity.edu/ranchi/ |
|---|---|
| Chairman: | Shri Praveen Shankar Pandya |
| Fee structure: | INR 303,000 (Per year) |
| Criteria: | 50% in Graduation |
8. ICFAI University Jharkhand
ICFAI Business School Jharkhand, an ICFAI Foundation for Higher Education (IFHE) constituent, holds deemed university status accredited with an A++ Grade by NAAC. The school, accredited by AACSB and SAQS by AMDISA, maintains a CRISIL 2022 rating of A*** and secures the top spot in South Zone Private Business Schools according to the Times B School Ranking Survey 2023.
Offering undergraduate, postgraduate, and certificate courses across Management, Economics, and various disciplines, IBS has additional campuses in Ahmedabad, Mumbai, Bangalore, Gurgaon, Kolkata, and Pune. Their focus is on providing relevant, contemporary, and cutting-edge knowledge in core, functional, and integrative subjects. Emphasis is given to the practical application of concepts through pedagogic techniques such as lectures, case studies, business games, the summer internship program, and the management research project. The program aims to shape attitudes and impart skills for enduring success in management careers.
| Website | https://www.icfaiuniversity.in/ |
|---|---|
| Chancellor: | C Rangarajan |
| Fee structure: | INR 1,35,000 (Per year) |
| Criteria: | 45% in Graduation |
9. Arka Jain University Jamshedpur
Arka Jain University, situated in Gamharia, Jamshedpur, Jharkhand, India, is a private institution founded on July 14, 2017, under the Arka Jain University Act. It has earned approval from both AICTE and UGC, ensuring its recognition and compliance with national educational standards.
Their vision is to nurture human potential through an engaging learning environment, equipping students with knowledge, skills, and a sense of social responsibility for comprehensive growth. They strive to provide a multidisciplinary education that promotes unity in knowledge, blending traditional wisdom with modern science.
Their mission includes fostering lifelong learning, critical thinking, ethics, and employability, aiming to empower students as responsible citizens and contributors to the nation. They prioritize research, innovation, and entrepreneurship to fuel socioeconomic progress, supported by a dedicated faculty and staff. Their goal is to cultivate a diverse global community of professionals while engaging constructively with industry and society, emphasizing respect for local context and diversity in all endeavours.
| Website | https://arkajainuniversity.ac.in/ |
|---|---|
| Chairman: | Prof. (Dr.) Easwaran Iyer |
| Fee structure: | INR 2,00,000 (Per year) |
| Criteria: | 50% in Graduation + CAT |
10. Ranchi University
Ranchi University, situated in Ranchi, Jharkhand, India, was founded in 1960 through legislation passed by the Bihar legislature. It provides a range of academic programs, including undergraduate, post-graduate, M.Phil., and doctoral degrees. It is a public state university known for its diverse educational offerings. Ranchi University plays a significant role in shaping the academic landscape of the region.
Ranchi University is the top public university in MBA Colleges In Jharkhand and oversees higher education in five Jharkhand districts: Ranchi, Gumla, Khunti, Simdega, and Lohardaga. It comprises 15 constituent colleges and 29 affiliate colleges, offering diverse disciplines like medicine, nursing, engineering, law, management, and psychiatry. These colleges cater to a wide range of educational needs in the region.
| Website | https://www.ranchiuniversity.ac.in/ |
|---|---|
| Vice-Chancellor: | Dr.Ajit Kumar Sinha |
| Fee structure: | INR 125,000 (Per year) |
| Criteria: | 50% in Graduation + CAT |
Conclusion
In conclusion, Jharkhand, renowned as ‘the land of forests’, encompasses a rich blend of natural beauty, cultural heritage, and economic vibrancy. Its strategic location and abundant resources make it a promising hub for investment and educational pursuits. With initiatives like Jharcraft driving economic growth, the state’s GDP has steadily risen, reflecting its potential for development.
Agriculture remains a cornerstone, complemented by a burgeoning IT sector and thriving cottage industries, fostering economic diversity. Moreover, Jharkhand’s emphasis on education, particularly through its top-notch MBA programs, underscores its commitment to nurturing skilled professionals for the evolving business landscape.
Aspiring students seeking to carve a niche in the corporate world can find ample opportunities and resources in MBA colleges in Jharkhand, equipping them with the necessary tools for career advancement and personal growth. Thus, Jharkhand stands as a beacon of opportunity, offering a promising environment for both economic prosperity and educational excellence.
That’s it for this blog. I hope you found this blog useful. Let me know in the comments if you have any questions.
FAQs – Frequently Asked Questions
Q. What are the top MBA colleges in Jharkhand?
Some of the top MBA colleges in Jharkhand include Xavier Institute of Social Service (XISS), Indian Institute of Management Ranchi (IIM Ranchi), Institute of Management Studies (IMS) Ranchi, and Birla Institute of Technology (BIT) Mesra.
Q. What is the duration of MBA programs in Jharkhand colleges?
The duration of MBA programs in Jharkhand colleges is typically two years, divided into four semesters. However, some colleges may offer executive MBA programs or part-time MBA programs with different durations.
Q. What are the eligibility criteria for applying to MBA courses in Jharkhand?
Most MBA colleges in Jharkhand have an eligibility criterion of more than 50% in graduation along with entrance exams like GATE/CAT/ CMAT. Some colleges might also have work experience in their criteria. It is important to research well before applying for any of the colleges.
Q. What is the duration of the MBA program in Jharkhand?
MBA full-time programs are for two years and distance programs are usually valid for 3 years.
Q. Are there any specializations offered in MBA, and how do I choose one?
Jharkhand’s MBA colleges provide a range of specialized options including Marketing, Consulting, International Business, Retail Management, Finance, HR, Public Policy, and other related fields. Students can choose from diverse specializations tailored to their interests and career goals.
Q. Can I do an MBA without an entrance exam?
Yes, you can do an MBA without an entrance exam. As per AICTE guidelines, PGDM B-schools can accept any of the 6 national tests: CAT, XAT, CMAT, MAT, ATMA, or GMAT. However, colleges that are not in the top 100 B-schools can offer direct MBA admission without the entrance exam.
