Best MBA Colleges in Muzaffarpur - 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.

 

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

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. 

Yes, CMAT is much easier that CAT exam. Despite the fact that CMAT and CAT syllabus are same and that CMAT has two more sections than CAT the former is much easier than the latter. The CAT exam is usually of moderate to high difficulty level, whereas the CMAT exam is of easy to moderate difficulty level.

There are key differences between CMAT and CAT which make the former easier. There is no sectional time limit in CMAT so candidates do not face the pressure of completing a given section within certain time limit. In CAT there are 4-5 Reading Comprehension passages which are 500-600 words, and 12-14 question.

In CMAT there is usually, only one Reading Comprehension passage, having 4 questions. The Quantitative Aptitude questions of CMAT are also easier than CAT and so are Logical Reasoning and Data Interpretation questions. It is easier to score high percentile in CMAT as the number of applicants is more than one Lacs less in CAT.

The table below shows the location-wise distribution of the top MBA college in Bihar list along with their number and names of colleges:

Locations	Number/Names of Colleges
Patna	23 (Chandragupt Institute of Management, ISM - International School of Management, Patna University, etc.)
Muzaffarpur	4 (Institute of Administrative Studies, Babasaheb Bhimrao Ambedkar Bihar University, etc.)
Gaya	4 (IIM Bodh Gaya, Magadh University, Gaya College, etc.)
Nalanda	2 (Nalanda University and KK University)
Vaishali	2 (Dr CV Raman University and Indu Devi Ranjeet Kumar Prakash Professional College)

Refer to the table below for a detailed overview of the top government MBA colleges in Bihar along with their tuition fees:

Public/Government Colleges	Total Tuition Fee
IIM Bodh Gaya Admission	INR 10 lakh
Chandragupt Institute of Management Admission	INR 6 lakh - INR 8 lakh
TMBU - Tilka Manjhi Bhagalpur University Admission	INR 1 lakh
Patna University Admission	INR 18,000 – INR 2 lakh
LNMU - Lalit Narayan Mithila University Admission	INR 1 lakh

The table below shows the top specialisations offered by various MBA colleges in Bihar:

Top Specialisations	No. of Colleges
Finance	14
Sales & Marketing	14
Human Resources	12
Operations	7
IT & Systems	4

Refer to the table below for a detailed overview of the top private MBA colleges in Bihar along with their tuition fees:

Private Colleges	Total Tuition Fee
VIBRM - Vaishali Institute of Business and Rural Management Admission	INR 3 lakh
IIBM - Indian Institute of Business Management Admission	INR 80,000 – INR 3 lakh
J.D.Women’s College Admission	INR 70,000
Gopal Narayan Singh University Admission	INR 3 lakh
Dr. C.V. Raman University Admission	INR 90,000

IIM Bodhgaya offers an MBA across three specialisations. The MBA specialisations offered at IIM Bodhgaya are given below:

1. MBA (General)
2. MBA (Healthcare Management)
3. MBA (Digital Business Management)

Candidates seeking admission to any of the aforesaid MBA domains at IIM Bodhgaya must possess a bachelor’s degree in any discipline with a minimum of 50% aggregate. Also, candidates should have a valid score in the CAT exam. Candidates based on their CAT scores will be selected for the Personal Interview (PI) round. Those who qualify for the PI round will be considered in the final merit list followed by document verification and fee payment.

Aspirants fulfilling the minimum eligibility required for the course admissions and with a valid MAT/CMAT score can apply. The students might have to register on the university admission portal as well. Patna University allot seats to students who meet the minimum eligibility, have a valid exam score, and performance in GDPI.

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.

Based on government rules and regulations every college should refund the fees paid for students during the admission process if they want to cancel their admission. As with every college TMBU Bhagalpur also refunds tuition fees if you want to cancel admission. But you will not get a refund for the admission fee or application fee because you have taken admission and cancelled based on your interest so it's not the college's mistake. You get your registration fee back and tuition fee back but not the application fee. 

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