Colleges in Bihar

The tuition fees for MSc courses at NIT Raipur is INR 30,000,  and the tuition fees for MSc at NIT Patna  is INR 6.3 lakh. Conclusively,  the tuition fees of NIT Raipur are more affordable compared to NIT Patna. However, the fee structure can be only one component that candidates consider while comparing IIITs and NITs but several factors can be taken into account while choosing the best college, such as placement packages, seats, ranking of that particular institute, affiliation, accreditation, etc. 

The fee amount mentioned is sourced from the official website/sanctioning body and is subject to change. Therefore, it is indicative

The programme at the Indian Institute of Technology (IIT) Patna is an Executive MBA (EMBA) aimed at busy professionals straining to ascend the managerial and leadership ladder. Further, as per the programme structure, EMBA students shall not have access to campus placements since this programme aims to cater to the employed individuals seeking to go forward in their careers without an immediate replacement opportunity. 

However, it offers several career support services that can help them grow in their careers:

Placement Services: This does not offer any direct campus placements, but it does open up opportunities through a specifically designed job portal hosting above 200 jobs per month.

Career Services: The services are such that they prepare students for smooth transitions in careers in addition to other forms of assistance and guidance in accessing the job market. 

Though traditional on-campus placements are not a part of the EMBA programme at this institution, such facilities are aimed at lending assistance in terms of accessing jobs and career development tools to its students so that they could advance in their future lives.

One of the videos you can check out for a deeper understanding of the programme and offerings is given below:

The average salary for PGDM students at Chandragupt Institute of Management Patna (CIMP) is typically in the range of INR 6-7 LPA. The institute is known for its strong placement record, with 100% placements in recent years. Top companies from various industries actively participate in the recruitment process, including prominent names like ICICI Bank, Accenture, Asian Paints, and Amul. These organizations offer roles across diverse fields such as finance, marketing, operations, and human resources.

CIMP's focus on providing industry-relevant skills, combined with its strong industry connections, contributes to this high placement rate. Students are prepared for leadership roles, which explains the competitive salaries offered by recruiters. Additionally, the institute provides various resources like placement workshops, mock interviews, and industry interactions to ensure that students are well-equipped to meet the demands of potential employers.

Chandragupt Institute of Management Patna (CIMP) offers a unique Post Graduate Diploma in Management (PGDM) specializing in Innovation, Entrepreneurship, and Venture Development (IEV). This course aims to nurture students with the skills required to launch and manage their own ventures. It includes practical experiences such as pre-incubation, product development, proof of concept testing, and IPR management. By the end of the program, participants are expected to have their own startup.

CIMP has a strong placement record, with 100% placements across its programs. The PGDM-IEV course has garnered attention due to its focus on entrepreneurship and venture creation, with the added benefit of financial support for Bihar residents. The government-backed funding offers up to 90% support for the course fees for eligible students, which makes it an attractive option.

The placement opportunities for this course are promising, with top recruiters from various sectors. Companies like Amul, ITC, HDFC Bank, and Aditya Birla, which have been part of CIMP's placement drives, help students connect with top employers.

Chandrapur Institute of Management has relatively modest placements when compared to some of its peers, including IIBM. The college offers various programs and focuses on providing opportunities in fields like management and IT. However, its placement statistics may not be as competitive as those of other institutes with more established reputations and resources.

In terms of MBA placements, average packages are generally between INR4-5 LPA, with some variation depending on the specialisation and industry trends. The focus here is on ensuring students are well-prepared for the corporate world, with many being placed in companies related to management, marketing, finance, and human resources.

Chandragupt Institute of Management Patna (CIMP) and IIBM (Indian Institute of Business Management) both offer promising opportunities, but their placements and overall reputation vary.

CIMP stands out with its impressive placement records. The 2022-2024 batch saw 100% placement with competitive salaries across sectors. Notably, the highest domestic salary offered was around INR18 LPA, with several prominent recruiters such as HDFC Bank, ICICI Bank, Cognizant, and Deloitte visiting the campus. Additionally, CIMP marked a historic milestone with its first-ever overseas placement.

On the other hand, IIBM also has a good track record for placements but doesn't achieve the same scale as CIMP in terms of salary figures and international placements. IIBM's average package is comparatively lower than CIMP's, which is reflective of the institutes' different levels of corporate connections and brand presence.

In summary, CIMP holds a significant edge in terms of placement success, salary packages, and recruiter variety. If you're choosing between the two, CIMP may offer a stronger return on investment, particularly in terms of salary potential and placement support.