Ranchi is now a flourishing MBA destination with high-ranked institutes, low-cost education and excellent corporate links. Ranchi being the industrial and economic hub of Jharkhand is home to major steel, mining, manufacturing, IT and banking firms giving MBA students excellent placement opportunities. Corporate giants like TATA Steel, Usha Martin, SAIL and MECON are present in Ranchi providing students with hands-on industry experience.

Ranchi’s strategic location, affordable living costs and evolving infrastructure further add to its appeal. With specialised MBA programs in Finance, Marketing, HR, Business Analytics and Operations and strong industry tie-ups Ranchi is emerging as a top choice for management aspirants seeking quality education with promising career prospects.

Some of the top management institutes in Ranchi are IIM Ranchi, XISS - Xavier Institute of Social Services, Birla Institute of Technology, Amity University etc. CAT, CMAT, MAT, XAT, CUET-PG, GMAT, GRE etc are the popular management entrance exams organised for providing admission to leading b-schools in Ranchi.

Highlights of the Top MBA/PGDM colleges in Ranchi 

Ranchi has some of the best MBA colleges namely IIM Ranchi, XISS, BIT and Amity University that provide industry-oriented courses. Admissions are based on CAT, CMAT, XAT, MAT and GMAT. 

Specialisations include Marketing, Finance, HR, IT and Entrepreneurship. With fees between ₹5.85 to ₹18.90 lakhs and average packages ranging from ₹9.40 to ₹16.29 lakhs per annum, They key highlights of the top MBA/PGDM colleges in Ranchi are given below:

Why Choose Ranchi for an MBA?

Ranchi is a fast-developing city for management studies with quality MBA programs at a reasonable price thus becoming a favourite among students.

• Top-Ranked Colleges: Colleges such as IIM Ranchi and other well-known management colleges provide academic excellence and industry-specific training.

• Industry Exposure: Ranchi’s strong presence in steel, mining, manufacturing, banking and IT sectors provides students with internships and job opportunities in leading companies.

• Multi-Disciplinary Specialisations: Provides MBA courses in Finance, Marketing, HR, Business Analytics, Operations and Supply Chain Management which cater to current industry needs.

• Budget to Premium Options: Students have the option to choose budget-friendly public colleges or high-end private B-schools with international exposure and industry collaboration.

• Good Placement Prospects: TATA Steel, SAIL, MECON, HDFC Bank and Infosys are some of the companies that regularly recruit MBA students from Ranchi.

• Student-Friendly Environment: A well-networked city with a low cost of living, state-of-the-art infrastructure and a serene academic environment which is perfect for students.

With its best institutions, robust industry presence and great career opportunities Ranchi is becoming a most sought-after destination for MBA aspirants.

Top MBA/PGDM Colleges in Ranchi in NIRF Ranking

Ranchi is home to highly-ranked MBA colleges that have ranked consistently well in the NIRF rankings. IIM Ranchi has risen in the ranking and in 2024 it is 17th from 24th in 2023. Birla Institute of Technology, Ranchi also ranks highly at 90th in 2024. The rankings reflect the city's rising stature as a centre for quality management education. A list of the top MBA/PGDM colleges  in Ranchi is given below: 

Top MBA/PGDM Colleges in Ranchi in IIRF Ranking

Ranchi’s MBA schools are also ranked in the IIRF rankings. IIM Ranchi is one of the top business schools ranking 20th in 2025. XISS Ranchi also ranks high at 64th and Amity Business School Jharkhand is also making its presence in the rankings.

These rankings are evidence of the city's increasing significance in management education and its focus on academic excellence. The key highlights of the top MBA/PGDM in Ranchi in the NIRF ranking are given below: 

Note: P in the above table represents the Private Colleges IIRF ranking and G is for the Government College ranking.

Best MBA/PGDM Colleges in Ranchi Accreditations Wise

Ranchi's best MBA institutions possess prominent accreditations which provide quality education. IIM Ranchi is AACSB-accredited, XISS Ranchi is NBA-approved and Amity Business School and BIT Ranchi are UGC-approved with BIT also having NAAC accreditation. A list of the top MBA/PGDM colleges in Ranchi accreditations-wise is given below: 

Top MBA/PGDM Colleges in Ranchi Placement Wise

MBA/PGDM courses in Rnachi are provided with good placement. IIM Ranchi takes the lead with an average salary of ₹16.29 lakhs per annum followed by Birla Institute of Technology (₹11.57 lakhs per annum) and XISS Ranchi (₹9.40 lakhs per annum). 

With fees from ₹5.85 lakhs to ₹18.90 lakhs these institutions offer quality education and good career opportunities. A list of the top MBA/PGDM colleges in Ranchi placement-wise is given below: 

Top Part-time MBA/PGDM Colleges in Ranchi 

Ranchi offers part-time Executive MBA programs for working professionals looking for career development. IIM Ranchi offers a 2-year Executive MBA program with industry-centric learning at a cost of ₹12.50 lakhs enabling professionals to improve their managerial capabilities while working. The top part-time colleges in Ranchi for MBA/PGDM are given below: 

Top Online MBA/PGDM Colleges in Ranchi 

Ranchi also has online MBA courses for students and working professionals who seek the flexibility of studying from anywhere in the world. Amity University Online offers a 2-year Online MBA program for ₹1.99 lakhs through which students can learn management skills while working or otherwise engaged. A list of the top MBA/PGDM colleges in Ranchi is given below: 

Top Integrated MBA/PGDM Colleges in Ranchi

Ranchi offers Integrated BBA-MBA programs for those students who want to obtain management education right after school. IIM Ranchi provides two integrated programs - one of 5 years (₹15.63 lakhs) and the other of 4.5 years (₹4.26 lakhs) - that provide a smooth shift from undergraduate to postgraduate study of business administration. A list of the top Integrated MBA/PGDM colleges in Ranchi is given below: 

Top Executive MBA/PGDM Colleges in Ranchi

Ranchi provides Executive MBA courses for working professionals who want to develop their management skills. IIM Ranchi offers a 2-year Executive MBA at ₹12.50 lakhs. Amity Business School, Ranchi provides a less expensive Executive MBA at ₹2.64 lakhs enabling quality management education for more people. The top executive MBA/PGDM colleges in Ranchi are given below: 

Specialisations Offered by the Top MBA/PGDM Colleges in Ranchi

IIM Ranchi

IIM Ranchi provides a General MBA, special programs in HR and Business Analytics, a 2-year Executive MBA for working professionals and an Integrated BBA-MBA for early starters. Focusing on industry skills and leadership, it is one of the best options for management education.

XISS-Xavier Institute of Social Services, Ranchi

XISS Ranchi provides specialised PGDM courses in management sectors. Students can take up Human Resource Management, Rural Management, Financial Management and Marketing Management. These courses include industry-specific skills and experiential learning making XISS suitable for candidates who desire to gain expertise in a particular domain of business.

Admission Process for the Top MBA/PGDM Colleges in Ranchi

The admission process for MBA/PGDM programs in Ranchi involves the following:

1. Eligibility Check: MBA admission eligibility includes a bachelor's degree with 50% marks (45% for reserved categories). Some programs like the Executive MBA program, require work experience.

2. Registration & Exam: Register and sit for the MBA entrance exams including the CAT, CMAT, MAT, XAT, CUET-PG, GMAT and GRE among others.

3. Shortlisting: Colleges utilise entrance exam scores to shortlist applicants.

4. Selection stages: The selected candidates are invited for further stages of the selection process after the admission test.  These include the Personal Interview (PI), Group Discussion (GD) and Writing Ability Test (WAT).  Diversity, work experience, and academic performance are also taken into account.

5. Final Admission: Merit lists are released by colleges on the basis of candidate’s performance and scores during the selection process.  Candidates are admitted to the MBA program after full payment including orientations and document verification.

The above MBA admission criteria clearly indicate that only eligible candidates are admitted to the Ranchi MBA/PGDM program.

Top MBA/PGDM Colleges in Ranchi With Fee Structure

Ranchi provides the best MBA colleges in different budgets. The low cost options are BIT Ranchi (₹5.85 lakhs), Amity Business School (₹7.16 lakhs), XISS (₹8.09 lakhs) and IIM Ranchi (₹18.90 lakhs). These institutions provide quality education, industry interaction and good placements. The top MBA/PGDM colleges in Ranchi with fee structure is given below: 

Placement (ROI) MBA/PGDM Colleges in Ranchi 

Ranchi has quality MBA courses with strong ROI (Return on Investment). XISS Ranchi offers an average package of ₹9.40 lakhs per annum with fees of ₹8.09 lakhs while Birla Institute of Technology Ranchi offers an ₹11.57 lakhs per annum package at a lesser fee of ₹5.85 lakhs. These colleges provide quality education with quality placement. Placement (ROI) MBA/PGDM colleges in Ranchi are given below: