Best MBA Colleges in Bhagalpur - 2026 Admissions, Fees, Placements

There are about 50+ best MBA colleges in Bihar. Of these, 20 colleges are owned by public/government organisations and 19 colleges are privately owned. MAT, CAT, CMAT, and XAT are some of the most accepting entrance exams in top MBA colleges in Bihar. IIM Bodh Gaya, Chandragupt Institute of Management, ISM - International School of Management, TMBU - Tilka Manjhi Bhagalpur University, Patna University, LNMU - Lalit Narayan Mithila University, Nalanda University, etc. are some of the popular MBA colleges in Bihar.

IIM Bodh Gaya emerged as the No. 1 MBA college in Bihar. Listed below is the NIRF ranking of past three years:

College Name	NIRF 2022	NIRF 2023	NIRF 2024
IIM Bodh Gaya	73	53	33

Joining the top MBA colleges in Bihar can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Name	Total Tuition Fee	Annual Average Package
IIM Bodh Gaya MBA	INR 10 lakh	INR 16 LPA
Chandragupt Institute of Management MBA	INR 6 lakh - INR 8 lakh	INR 6 LPA
Patna University MBA	INR 18,000 – INR 2 lakh	INR 4 LPA
Birla Institute of Technology, Mesra MBA	INR 5 lakh	INR 5 LPA
Anugrah Narayan College MBA	INR 2 lakh	INR 3 LPA

The table below shows the average placement package offered by top recruiters who participated in top MBA colleges in Bihar:

College Names	Annual Average Package	Top Recruiters
IIM Bodh Gaya Placements	INR 16 LPA	BNY Mellon, CRISIL, Adani Group, SBI Capital Markets Limited, etc.
Chandragupt Institute of Management Placements	INR 6 LPA	GYR Capital Advisors, FMGC Sproutlife Foods Pvt. Ltd., ICICI Bank, ITC Ltd., etc.

It is estimated that enrolling in top MBA colleges in Bihar can be affordable as most colleges have tuition fees in between INR 1-2 lakh. However, listed below are some colleges having fees of less than INR 1 lakh:

Low-cost MBA Colleges	Tuition Fee
Patna University	INR 18,000 - INR 76,000
Mahatma Gandhi Central University	INR 49,000
IIBM - Indian Institute of Business Management	INR 80,000
Magadh Professional Institute	INR 76,000
J.D.Women’s College (JDWC)	INR 70,000

No, it is not necessary to have an MBA degree to get a job in managerial post in a Government organisation.

A PGDM in a relevant specialisation can be equally eligible or suitable for a managerial role in a Government organisation also.

 

Some of the popular Govt. PGDM Colleges are given in the table below:

• IIM Kozhikode
• IIM Shillong
• XLRI Jamshedpur
• MDI, Gurgaon
• MICA, Ahmedabad
• IIM Lucknow
• Great Lakes Institute of Management

Yes, it is very much necessary to take entrance exams for PGDM courses in India, If you want to take admission int reputable and top-tier B-schools then it is very crucial. 

While some institutions offer direct admission based on graduation merit, most colleges require valid scores from national-level tests like CAT, XAT, CMAT, NMAT, or MAT. 

MAT is conducted multiple times in a year. MAT 2024 exam dates were announced phase wise - February, May, August and December. Candidates were allowed to register for multiple mode and multiple attempts. The MAT exam dates 2024 are given below:

MAT Test Mode	MAT Test Date	MAT Registration Ends	Availability of MAT Admit Card
CBT - 1	7-Dec-24	30-Nov-24	3-Dec-24
PBT	14-Dec-24	7-Dec-24	10-Dec-24
CBT - 2	22-Dec-24	15-Dec-24	18-Dec-24

Yes, Chandragupt Institute of Management is known for its excellent placements. The table given below lists details concerning placements packages and companies for PGDM course during CIMP placements 2025. 

As per Shiksha verified reviews, L.N.Mishra Institute of Economic Development and Social Change has an impressive review rating of 3.81 by 90 students.

The overall seats available across all courses offered by ISM - International School of Management is up to 120. Good thing to know is that ISM - International School of Management has courses which are approved by prominent Government bodies like AICTE.

L.N Mishra College of Business Management (LNMCBM) has been rated 4.1 for faculty as per reviews by students. This represents that Institute has decent, qualified and experienced faculty members.

CIMAGE college does not offer engineering course but it offers other courses like MBA B.Com PGDM BBA BMS B.Sc etc. and this college NIRF ranking is the categeory of 201-500 you can clearly check what all courses offered and whats the duration of the courses in our Shiksha website and come to a clarity of CIMAGE college

Mahatma Gandhi Central University (MGCUB) offers excellent MBA placements. A specialized placement cell at the institution helps students get ready for interviews and makes connections with possible employers.

The number of students placed in MBA employment at MGCUB has steadily increased over the last few years. More than 70% of MBA graduates in 2023 were hired by prestigious corporations including Google, Microsoft, Amazon, and TCS.

When MBA students are hired by MGCUB, their average annual income is approximately five lacs. In 2023, MGCUB gave the highest compensation possible to MBA students: 35 Lacs annually.

Additional services offered to students by the MGCUB placement cell include:

• Career guidance
• Help in writing a resume
• Interview readiness
• assistance with finding a job