Patna, the historic capital of Bihar, is not just known for its culture and heritage but is also fast emerging as a hub for quality management education in Eastern India. With the growing demand for skilled managers and business leaders, Patna has witnessed the rise of reputed MBA institutions that combine academic rigor with industry exposure. From government-supported institutes like Chandragupt Institute of Management Patna (CIMP) to private players like International School of Management (ISM), students here get access to diverse opportunities, modern pedagogy, and strong placement networks.
Choosing the right MBA college is often a challenge for aspirants – fees, placements, faculty, and specialisations all play a critical role. This blog brings you a detailed insight into the Top 7 MBA Colleges in Patna in 2025, ranked based on reputation, academic quality, affordability, and career outcomes. Whether you’re looking for government-backed management education or industry-driven private institutes, this guide will help you shortlist the best options to pursue your MBA dream in Patna.
Top 7 MBA Colleges in Patna 2025: Fees and Placements
| Rank | College Name | Fees | Average Package | Highest Package |
|---|---|---|---|---|
| 1 | Chandragupt Institute of Management (CIMP) | Rs. 7.50 L – Rs. 7.65 L total | Rs. 6.68 L | Rs. 16.42 L |
| 2 | Development Management Institute (DMI) | Rs. 6.11 L total | Not available | Not available |
| 3 | LN Mishra Institute (LNMI) | Rs. 1.12 L – Rs. 7.65 L pa | Not specified | Not specified |
| 4 | BIT Mesra (Patna campus) | Rs. 2.76 L pa | Around Rs. 5 L | – |
| 5 | Patna University (PU) | Rs. 1 L – Rs. 2 L total | Around Rs. 4 L | – |
| 6 | ISM – International School of Management | Rs. 2.80 L total | Not available | Not available |
| 7 | RP Sharma Institute of Technology (RPSIT) | Rs. 70 K – Rs. 2.76 L pa | Not available | Not available |
Top Government Colleges for MBA in Patna
1. Chandragupt Institute of Management Patna (CIMP)
Chandragupt Institute of Management Patna, established in 2008 with active support from the Government of Bihar, has grown into one of the most prestigious B-schools in Eastern India. Known for its academic rigor, value-based education, and strong industry connect, CIMP has consistently delivered excellent placements, making it a top choice for MBA aspirants. With its state-of-the-art infrastructure, highly qualified faculty, and industry-driven curriculum, the institute ensures holistic development of students. Its strong placement record with reputed recruiters reflects its growing reputation as a management hub in the region.
| Particulars | Details |
|---|---|
| Type | Government / Public Autonomous Institute |
| Affiliation | Approved by AICTE; Recognized by Government of Bihar |
| Entrance Exams | CAT, XAT, CMAT, MAT |
| Eligibility | Graduation in any discipline with at least 50% marks (45% for SC/ST) |
| Specialisations Offered | Marketing, Finance, Human Resource, Operations, Strategy, Innovation |
| Total Fees | Rs. 7.50 L – Rs. 7.65 L (for full course) |
| Ranking | Among Top B-Schools in Bihar; consistently rated highly in East India |
| Cut-Off | CAT/CMAT cutoff typically around 60–70 percentile |
| Average Package | Rs. 6.68 LPA (2023–25 batch) |
| Highest Package | Rs. 16.42 LPA (2023–25 batch) |
| Top Recruiters | Aditya Birla Group, HDFC Bank, KPMG, ICICI Bank, ITC, Deloitte, Infosys, Amul |
2. Development Management Institute (DMI), Patna
Development Management Institute (DMI), Patna, is a unique institution established in 2014 with support from the Government of Bihar, NABARD, and other key development organizations. Unlike conventional MBA colleges, DMI is known for its niche focus on development management and social entrepreneurship, aiming to create professionals who can lead in both corporate and social sectors. Its innovative pedagogy combines classroom learning with fieldwork, giving students strong practical exposure. With affordable fees, government recognition, and growing placement opportunities, DMI is emerging as a strong option for aspirants seeking impactful careers in management.
| Particulars | Details |
|---|---|
| Type | Government / Public |
| Affiliation | Approved by AICTE; Supported by Government of Bihar and NABARD |
| Entrance Exams | CAT, XAT, CMAT, MAT |
| Eligibility | Graduation in any discipline with minimum 50% marks (45% for SC/ST) |
| Specialisations Offered | Development Management, Marketing, Finance, HR, Operations |
| Total Fees | Rs. 6.11 L (for full course) |
| Ranking | Among leading development-focused B-Schools in India |
| Cut-Off | CAT/CMAT cutoff generally around 60 percentile |
| Average Package | Rs. 5.5 LPA |
| Highest Package | Rs. 7.5 LPA |
| Top Recruiters | ICICI Bank, Axis Bank, HDFC Bank, CARE India, BASIX, PRADAN, Vedanta |
3. LN Mishra Institute of Business Management (LNMI), Patna
LN Mishra Institute of Business Management, Patna, established in 1973, is one of the oldest and most reputed management institutions in Bihar. Over the years, LNMI has carved a strong identity for providing affordable MBA education with a blend of academic depth and industry relevance. Known for its experienced faculty, accessible fee structure, and decent placement opportunities, LNMI continues to be a popular choice for students seeking management education in Patna. Its legacy and contribution to management studies in Bihar make it a well-ranked option in the region.
| Particulars | Details |
|---|---|
| Type | Government / Public |
| Affiliation | Affiliated to Aryabhatta Knowledge University, Patna; Approved by AICTE |
| Entrance Exams | CAT, MAT, XAT, CMAT, followed by GD/PI |
| Eligibility | Graduation with at least 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, Human Resource, IT, Operations |
| Total Fees | Rs. 1.12 L – Rs. 1.50 L (approx. for full course) |
| Ranking | One of the oldest B-Schools in Bihar; reputed for affordable MBA |
| Cut-Off | CAT/MAT cutoff around 55–60 percentile |
| Average Package | Rs. 5.8 LPA |
| Highest Package | Rs. 12 LPA |
| Top Recruiters | HDFC Bank, ICICI Prudential, Wipro, Airtel, Infosys, Kotak Mahindra, Deloitte |
4. BIT Mesra – Patna Campus
Birla Institute of Technology, Mesra (BIT), is a prestigious name in technical and management education, and its Patna campus extends that legacy to students in Bihar. The MBA program at BIT Mesra – Patna campus is designed to provide students with a strong foundation in core management subjects along with industry-oriented exposure. Known for its academic discipline, updated curriculum, and pan-India reputation, BIT Patna is a good choice for students who want quality MBA education with the trust of a national brand. Its moderate fees and decent placement records make it one of the reliable options in the city.
| Particulars | Details |
|---|---|
| Type | Government-Aided / Deemed University |
| Affiliation | Constituent campus of Birla Institute of Technology, Mesra (Deemed University) |
| Entrance Exams | CAT, MAT, XAT, CMAT, followed by GD/PI |
| Eligibility | Graduation in any discipline with minimum 50% marks (45% for SC/ST) |
| Specialisations Offered | Marketing, Finance, Human Resource, IT, Operations |
| Total Fees | Rs. 2.76 L per annum (approx.) |
| Ranking | Part of BIT Mesra group, a reputed national-level institution |
| Cut-Off | CAT/MAT cutoff around 55–60 percentile |
| Average Package | Rs. 4.8 LPA |
| Highest Package | Rs. 7 LPA |
| Top Recruiters | TCS, Wipro, Infosys, HDFC Bank, Axis Bank, Tech Mahindra, Deloitte |
5. Patna University (PU)
Patna University, established in 1917, is one of the oldest universities in India and a prestigious name in higher education in Bihar. Its Department of Applied Economics and Commerce offers MBA programs that are known for their academic heritage, affordability, and accessibility. The MBA program at PU focuses on blending traditional management education with modern business practices, giving students a solid foundation for both corporate and entrepreneurial careers. With a long academic legacy, lower fee structure, and decent placement outcomes, Patna University remains a popular choice among MBA aspirants in Bihar.
| Particulars | Details |
|---|---|
| Type | Government / Public |
| Affiliation | Patna University (Autonomous), Approved by UGC |
| Entrance Exams | CAT, MAT, CMAT, or University’s own test followed by GD/PI |
| Eligibility | Graduation in any stream with at least 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, HR, Operations, International Business |
| Total Fees | Rs. 1 L – Rs. 2 L (approx. for full course) |
| Ranking | One of the oldest universities in India; reputed for academic excellence |
| Cut-Off | Around 50–55 percentile (for national level exams) |
| Average Package | Rs. 4 LPA |
| Highest Package | Rs. 6–7 LPA |
| Top Recruiters | LIC, SBI, ICICI Bank, HDFC Bank, Infosys, Airtel, Wipro, Tech Mahindra |
Top Private Colleges for MBA in Patna
6. ISM – International School of Management, Patna
International School of Management (ISM), Patna, is a reputed private B-School in Bihar known for its industry-oriented MBA programs, modern infrastructure, and strong corporate interface. Established with the vision of creating globally competent managers, ISM offers a dynamic learning environment with updated pedagogy, case-based teaching, and leadership-focused curriculum. The institute has gained attention for its placement performance, with students receiving attractive packages from leading companies. For aspirants looking for a private MBA college in Patna with high placement potential, ISM is a strong contender.
| Particulars | Details |
|---|---|
| Type | Private |
| Affiliation | Affiliated to Magadh University; Approved by AICTE |
| Entrance Exams | CAT, MAT, XAT, CMAT, ATMA |
| Eligibility | Graduation in any discipline with at least 50% marks (45% for reserved categories) |
| Specialisations Offered | Marketing, Finance, Human Resource, Operations, IT, International Business |
| Total Fees | Rs. 2.80 L (approx. for full course) |
| Ranking | Leading private B-School in Patna with modern management education |
| Cut-Off | CAT/MAT cutoff around 55–60 percentile |
| Average Package | Rs. 6 LPA |
| Highest Package | Rs. 18.5 LPA – Rs. 19 LPA |
| Top Recruiters | Deloitte, ICICI Bank, HDFC Bank, TCS, Wipro, Infosys, Amul, Asian Paints |
7. RP Sharma Institute of Technology (RPSIT), Patna
RP Sharma Institute of Technology (RPSIT), founded by the Patna Educational Development Trust, is primarily known for its engineering and management programs. The MBA department of RPSIT has grown steadily, offering affordable education with a focus on core management skills and practical learning. While it may not enjoy the same national-level recognition as some government institutes, RPSIT provides opportunities for local aspirants to pursue an MBA without heavy financial burden. Its industry collaborations and placement efforts make it a viable choice for students looking for a cost-effective management degree in Patna.
| Particulars | Details |
|---|---|
| Type | Private |
| Affiliation | Affiliated to Aryabhatta Knowledge University, Patna; Approved by AICTE |
| Entrance Exams | CAT, MAT, CMAT, or Institute-level admission test |
| Eligibility | Graduation in any discipline with minimum 50% marks (45% for SC/ST) |
| Specialisations Offered | Marketing, Finance, Human Resource, Operations, IT |
| Total Fees | Rs. 70 K – Rs. 2.76 L (approx. per annum) |
| Ranking | Emerging private institute in Patna for MBA |
| Cut-Off | Around 50 percentile (for national-level exams) |
| Average Package | Rs. 3.8 LPA |
| Highest Package | Rs. 9.2 LPA |
| Top Recruiters | HDFC Bank, ICICI Bank, Axis Bank, Infosys, Wipro, Airtel, Tech Mahindra |
Which MBA College in Patna Should You Choose?
The best MBA college in Patna depends on your career aspirations, budget, and specialization. If you are looking for top-notch faculty and excellent placements, CIMP and DMI are strong choices. For a blend of academics and affordability, LNMI and Patna University are reliable options. On the other hand, ISM Patna offers a modern approach to management education with strong corporate exposure. Students seeking budget-friendly MBA programs with decent ROI can also explore RPSIT.
Tips for MBA Aspirants in Patna
Prepare well for CAT, MAT, CMAT, and ATMA to improve your chances of admission.
Evaluate colleges based on ROI, placements, faculty expertise, and specialisations offered.
Look for institutes with strong corporate tie-ups and internship opportunities.
Don’t focus only on fees—consider the long-term career value of the MBA.
Stay updated with admission deadlines and apply early for scholarships where available.
Final Thought
Patna is fast emerging as a hub for quality management education in Eastern India. With institutions like CIMP, DMI, LNMI, ISM, and Patna University, aspirants have multiple choices that combine academic excellence, affordability, and placement opportunities. The right MBA college in Patna can give you the skills, industry exposure, and network needed to build a successful career. Choose wisely, align it with your career goals, and let your MBA journey shape your future.