Top 10 MBA Colleges in Ranchi rank-wise 2024

1. Indian Institute of Management (IIM) Ranchi: IIM Ranchi was established in 2009 under IIM Legacy; it is ranked 24th by NIRF and 18th by IIRF for its best management studies. Admission to this institute is based on Entrance exams such as CAT, GMAT, and IPMAT. This institute offers a wide range of Management courses in various specializations. The average fee for the MBA Program is around 17 lakhs. The highest package recorded by IIM Ranchi is 67 LPA and 32 LPA and the average package offered is 17 LPA, in 2023 the placement rate was 100% and this year the top recruiting sector is BFSI which is 17.7%.
    
2. Birla Institute of Technology (BIT) Ranchi: It was established in the year 1955 by the Birla Family. BIT University Ranchi is one of the top-ranked institutes that offers a wide range of courses in various specializations The institute got a ranking of 77th by NIRF. The institute got approval from the All India Council for Technical Education (AICTE) and also the Association of Indian Universities (AIU), UGC, and ACU. The highest package offered at the institute is 51 LPA with an average package of 11 LPA, this year 982 job offers were provided
3. Institute of Science and Management Ranchi (ISMR): It is an institute that provides professional MBA and technical courses. The institute offers UG, PG, and Doctorate programs in various management and other programs in both full-time and part-time mode. The institute was established in 1985. The institute is approved by the National Board of Accreditation (NBA) and the All India Council for Technical Education (AICTE). The highest package offered in ISMR is 7 LPA, with an average package of 2 LPA, The placement percentage is increased by 3%.
4. Ranchi University: Ranchi University is one of the top class oldest institutes that offers management and other courses, this Institute was established in 1960 it is a state university. It offers various specializations in BBA, MBA, and other Diplomas. The institute has a ranking of 110th out of 125 by NIRF and 59th by India Today. The institute is accredited to NAAC A and recognized by UGC. The admission process of candidates is based on the entrance exams such as CAT, XAT, MAT, and ATMA. The highest package offered at this institute is Above 5 LPA.
    
5. Central University of Jharkhand, Ranchi: Central University was established in 2009 it is the only government institute in Jharkhand. The institute offers 20 courses in various specializations to UG, PG, Diploma, and Certificate courses. The institute got a ranking of 6th out of 20th by Edurank in 2023. AICTE, UGC, BCI, and NCTE approve the institute. The institute is accredited with NAAC B++. The admission process of candidates is based on the entrance exams such as CAT, XAT, MAT, and ATMA. The highest package offered at this institute is above 6.8 LPA.
6. Ram Krishna Darmarth Foundation University (RKDF) Ranchi: it is one of the top-tier private universities established in 2018.  The institute is also accredited by, UGC, AIU, and BCI. The institute is also known for its industry-designed curriculum and collaboration with top MNCs. The institute provides 10 Management and other programs at UG and PG levels. The highest package offered is 6.6 LPA.
    
7. Yugantar Bharati Narain (YBN) Ranchi: YBN is a private university that was established in 2017, and offers integrated management and technical courses in various specializations. The institute got approval from NCTE, PCI, INC, and UGC, and was also accredited by NAAC grade, and the institute got a ranking of 70th in India and 8th in Central India by Times of India. The average package offered is 3.5 LPA
    
8. Sai Nath University,  Ranchi: Sai Nath University is a private institute that was established in the year 2012. It is also affiliated with the All India Council for Technical Education (AICTE) UGC, BCI, and PCI. The institute is also recognized by NCTE. The institute offers 9 degrees and 11 courses, flagship courses of BBA, MBA, and other management courses at UG and PG levels. The highest package offered at this institute is 21 LPA 
    
9. Jharkhand Rai University, Ranchi: Jharkhand Rai University is a very popular private University, it was established in 2012 with a vision of changing the traditional method of learning. The institute provides more than 38 UG and PG courses in Management and Technical studies, the institute has 5 specializations in MBA programs. AICTE and UGC also recognize the institute,  The institute got a ranking of 150th by NIRF and is also accredited by NAAC A+. This year the Placement record is 7 LPA.
    
10. Marwadi College Ranchi: Marwadi College Ranchi is one of the oldest Universities that was established in 1963 with the hope of creating future leaders. The institute offers integrated BBA+MBA programs at the UG level and provides an MBA in 6 specializations. The institute got a NIRF ranking of 280th. The institute is NAAC B++ Accredited. The institute is UGC-approved and AICTE-approved.

Conclusion

There are various highly ranked MBA Colleges in Ranchi, such as IIM Ranchi, BIT Ranchi, YBN Ranchi, etc. which provide top-class education and have a high salary package with top-class recruiting partners, such as Amazon, Flipkart, Deloitte, Accenture, etc. Various colleges ranked top class, according to NIRF for best Management institute. But it will be completely based on the candidate"s preferences in which he or she wants to take admission.

FAQs

1. What is the NIRF Ranking of IIM Ranchi?

Ans. The NIRF ranking of IIM Raipur is 24th, it is one of the top-ranked Management institutes.

2. How to get admission to MBA Colleges?

Ans. To gain admission to desired MBA colleges, candidates need to clear national-level entrance exams such as CAT, XAT, MAT, and ATMA and also need to participate in counselling.

3. What is the full form of BIT University?

Ans. Birla Institute of Technology which was founded by the Birla Family in 1955

4. What is the highest package offered at IIM Ranchi?

Ans. The highest package offered at IIM Raipur is 67 LPA.