MBA Colleges in Bihar

Bihar is the seventh largest economy in India in terms of food production. Bihar is the leading State in the production of fruits and vegetables and 7th largest economy in India in terms of food production. It is the first largest producer of vegetables and second largest producer of fruits in the country. Bihar has huge scope of investment in the food-processing sector in the State. Private sector participation is being encouraged in packaging and food processing sectors to ensure better quality.

Besides agriculture sector, many manufacturing businesses like Pulses, Shoes, Masur, electrical goods and cotton yarn etc., are thriving in Bihar State. There is a great demand for establishing business in Bihar State. This is how, MBA degree has assumed much importance in the recent past and many students are looking for top MBA Colleges/Universities in Bihar to pursue this post graduate degree for getting suitable placements in top companies/business establishments.

To cater to the requirement of business establishments/top companies etc., Bihar is equipped with 17 Public/Government and 23 Private MBA colleges/Universities.

Various ranking Agencies like Times ‘B’ School and Business World award ranks to top MBA Colleges/Universities in Bihar state. No MBA college in Bihar state found a place in NIRF ranking.

TOP MBA COLLEGES/UNIVERSITIES IN BIHAR AS PER RANKING AWARDED BY DIFFERENT AGENCIES

Times BSchool considers parameters like Teacher-student ratio, experience and quality of faculty members, campus life, students’ placements etc. for awarding top ranks to colleges/Universities of MBA in India. Based on their research and study, International School of Management (ISM), Patna alone could get a place at Sl.No.52 (Post Graduate Diploma in Management) in the top MBA Schools/Universities in India. Course fee is Rs.4.00 Lakhs for two years, excluding Hostel fees.

Another Agency is Business World, a business magazine circulated in India. Leadership, Faculty, curriculum, Research and Global Interface, placements are few parameters based on which this magazine releases top MBA Colleges in India. International School of Management, Patna alone got a place in this list also at Sl.No.176 for Post Graduate Diploma in Management, under the category of Leadership. Course fee is Rs.4.00 Lakhs for two years, excluding Hostel fees.

Before we discuss on the fees structure of top MBA colleges in Bihar, it is essential to understand what ROI is. Return on Investments (ROI) is a popular profitability metric used to evaluate how well an investment has performed. As such, the following table depicts fees structure vis-à-vis ROI of top MBA Colleges/Universities in Bihar to clear the ambiguity of the prospective candidates to decide or make a choice on the top MBA College/University they prefer to pursue in accordance with their budget/financial position/bank loan and what the candidates get in return.

FEE STRUCTURE AND ROI (RETURN ON INVESTMENT) OF TOP MBA COLLEGES/UNIVERSITIES IN BIHAR

Sl. No.

Name of the College/University

Course fee 2 years (Rs in Lakhs)

ROI (Rs in Lakhs) (Average)

01

Indian Institute of Management, Bodh Gaya

12.95

6.0 to 9.9

02

Chandragupt Institute of Management, Patna (CIMP)

7.65

5.5 TO 7.0

03

International School of Management (PGDM), Patna

4.0

3.7 to 5.0

04

Amity University, Patna

6.0

3.0 to 5.0

Eligibility and Admission Process:

The most accepted MBA Common Entrance Tests by the top-rated MBA Schools/Universities in Bihar are CAT, MAT, XAT and CMAT.

  • Citizen of India
  • A bachelor’s degree from a recognized university/college.
  • 50% minimum marks (45% for reserved categories) in the qualifying
  • 5% relaxation for candidates of reserved
  • Final year candidates can also apply subject to production of proof as may be

Top specializations in top MBA Colleges/Universities offered in Bihar are:

Top 12 Highest-Paying MBA specializations offered in various top MBA Colleges and Universities in Bihar State with a brief detail of each branch/specialization to have a first-hand information to the aspirants and to understand synopsis of the same.

1) HR Management:

This specialization deals with recruitment, management, offers training and empowers knowledge in managing the workforce of an organisation with appropriate direction and guidance.

2) Finance Management:

This specialization/Branch in MBA in the field of Finance includes various facets like investments, portfolio management, derivative securities, capital markets, corporate finance, international finance, and financial institutions behaviour, Advertising etc.,

3) Marketing Management:

This is one of the most opted and topmost specializations of MBA, which focusses on advanced concepts of Marketing viz., Digital Marketing, Consumer behaviour, Advertising etc.,

4)  General Management:

This branch enables candidates to learn about managerial, functional, and operational demands of an organisation to optimize production or output of the company most efficiently and to assist the top Management in overseeing the operations of the Company.

5) Systems and Operations Management:

The branch essentially enables the candidates to understand various facets to establish effective organizational ability, strategy, planning and skills to convert inputs into effective outputs through technology

6) Finance and HR Management:

This is a perfect blend of both Finance and Management, a dual specialization. This is an outstanding course for students aspiring for professional growth. This course trains the candidates on the corporate sector and financial sector and hence will have an edge over others in securing a high pay package and a good start in one’s career. This is one of the top MBA specializations offered by majority of top MBA Colleges/Institutions in Bihar State.

7) Marketing and HR Management:

This branch is yet another important one to pursue by the aspirants who look for upward mobility in one’s career. This branch trains the candidates both in Marketing Management skills and strategic Human Resource and Management with are most essential in any organization for successful functioning as a Management Executive. This specialization also being offered in many top MBA Colleges/Institutions in Bihar state.

8) Health Care Management:

This has assumed importance in the recent past, with various Corporate Hospitals and Multinational pharmaceutical companies are looking for MBA candidates having this specialization. This course includes subjects such as Principles of Health Service Management, Organization Behaviour, Materials and Equipment Management, Health Economics, and Strategic Human Resource Management.

9) Business Intelligence and Analytics:

This specialization is offered by top MBA colleges/institutions in Bihar State. It helps the candidates to compete for entry level managerial positions right up to middle managerial cadres in a Company depending on the experience of the candidate. This branch trains the candidates to learn industry-leading software and tools to understand business insights from data made available and enable the candidate to build skills required by any employer. Candidates with this branch can secure a good job after completion of the degree.

10) Operations and Production Management:

This branch of MBA degree focusses on effective processes both production and distribution of a business and provides a solid preparation for management and consulting jobs.

11) Investment Banking and Equity Research:

This is an important branch in MBA, who are willing to take challenges to develop a strong foundation in Investment Banking and Financial Systems. Major subjects that include in this Specialisation are Business Environment and Strategy, Equity Research, Forecasting and Financial Modelling, Equity and Firm Valuation

12) Real Estate Management:

A specialization in Real Estate provides rigorous training in the development, investment, and financing of real estate projects. Students learn to think strategically about the workings of real estate primary and secondary markets by understanding the roles of various market participants as well as the legal, taxation, and regulatory environment that these markets operate in India and abroad.

This post graduate degree in Real Estate Management has assumed importance in Bihar, with the growth of real estate business there.

Top IT, Banking Industry and other top companies that recruit fresh and experienced MBA candidates from top MBA colleges/Universities from Bihar State are as under:

Some of top IT, Banking Industry that visit Top MBA Colleges in Bihar

Dell

Unilever

Coco Cola

Canon

Airtel

Bank of Baroda

Union Bank of India

Samsung

TCS

Amazon

Capgemini

Cisco

Bandhak Bank

HDFC Bank

ICICI Bank

J P Morgan

Byju’s

Bajaj Auto

Filpkart

 

AND MANY OTHER TOP COMPANIES IN INDIA AND ABROAD.

 

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College Type








Estd:2017

Amity University

Patna, Bihar
Type: Private University
Facilities
Estd:2018

Dr. C.V. Raman University (CVRU)

Vaishali, Bihar
Type: Private University
Facilities
Estd:2018

Gopal Narayan Singh University (GNSU)

Rohtas, Bihar
Type: Private University
Facilities
Estd:2017

K. K. University

Nalanda, Bihar
Type: Private University
Facilities
Estd:2017

Sandip University

Madhubani, Bihar
5
1 Reviews
Type: Private University
Facilities
Estd:1979

Indian Institute of Business Management

Patna, Bihar
Type: Autonomous
Facilities
Estd:1956

Anugrah Narayan College

Patna, Bihar
Type: Private
Facilities
Estd:2012

B D College

Patna, Bihar
Type: Private
Facilities
Estd:1954

Bindeshwar Singh College

Patna, Bihar
Type: Private
Facilities
Estd:2006

Birla Institute of Technology

Patna, Bihar
Type: Private
Facilities
Estd:2008

Chandragupt Institute of Management Patna

Patna, Bihar
Type: Private
Facilities
Estd:1949

College of Commerce, Arts & Science

Patna, Bihar
Type: Private
Facilities
Estd:2010

Crk Institute of Management Crkim

Vaishali, Bihar
Type: Private
Facilities
Estd:

Department of Business Administration, Gaya

Gaya, Bihar
Type: Public
Facilities
Estd:1994

Departmment of Commerce & Business Administration L.N.Mithila University

Darbhanga, Bihar
Type: Private
Facilities
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