I saw a common problem of students of Bihar/ Jharkhand that they often face difficulty in finding the right MBA colleges near their cities and they have to travel to other cities away from their home and family for higher education. And moving to different city where you don’t know anything or anyone makes it more difficult that people can give you wrong advice. So looking at this issue I’ve made this list where only good MBA colleges are listed with all its details.

Here is the list of High ROI & most underrated MBA Colleges in Bihar/ Jharkhand and also in other cities where students of Bihar & Jharkhand can come and study.

College / Institute	Approx. Fees (₹)	Specialisations	Approval / Recognition
IMS Patna	~2–4 L (est.)	Marketing, Finance, Operations	AICTE, NBA
Bihar Institute of Business Management (BIBM), Patna	~3–4 L	Marketing, Finance, HR, Operations	AICTE
Patna College of Engineering & Technology (PCET) – MBA	~3–5 L	Tech Management	UGC, AICTE
Bihar School of Management (BSM), Patna	~3–5 L	HR, Marketing, Finance, Ops	AICTE, NBA
Asha School of Management	~3–4 L (est.)	Marketing, Finance, HR, Ops	AICTE
Magadh University – MBA	~2–3 L	General Mgmt, HR, Finance	UGC, AICTE
Chandragupt Institute of Management (CIMP), Patna	~6–8 L	Marketing, Finance, HRM, Bus Analytics	AICTE, NBA
Indian Institute of Business Management (IIBM), Patna	~3.15 L	Marketing, Finance, HRM	AICTE, UGC (PGDM)
Nalanda University – MBA	~2.22 L	Sustainable Mgmt & Business	AICTE
Birla Institute of Technology (BIT), Patna	~7.47 L	Finance (others vary by year)	AICTE, UGC
Bhuwaneshwari Dayal College (BDC), Patna	~1.36 L	MBA (general)	AICTE, UGC
Lalit Narayan Mishra Institute of Economic Dev & Social Change	~3.10 L	MBA (general)	AICTE
Aryabhatta Knowledge University (AKU), Patna	Varies	MBA (marketing etc.)	AICTE, UGC
Gaya College – MBA	~1.25 L	MBA (general)	AICTE

List of MBA colleges in cities other than Bihar/ Jharkhand:-

College / Institute	Approx. Fees (₹)	Avg. Package (₹ LPA)	Highest Package (₹ LPA)
RCM Bangalore	~8.6 L (MBA/PGDM)	~8.3-8.5 LPA	~44 LPA
MIT WPU / MIT School of Business, Pune	~7-8.5 L (varies)	~6.2-6.5 LPA	~33 LPA
VGSOM, IIT Kharagpur	~10-12.7 L	~22.75 LPA	~37.6 LPA
JBIMS, Mumbai	~1-2 L	~26 LPA	~38 LPA (
UBS Chandigarh	~10-12 L	~12 LPA	~23.7 LPA
CMS Coimbatore / Bangalore	~8-11 L	~8.7 LPA	~36.9 LPA
DFS (Delhi Finance School, DU)	~2-5 L (DU govt fees)	~15 LPA (est. from CAT thread)	~17 LPA
DSE (Delhi School of Economics, DU)	~2-5 L (govt fees)	~15 LPA (similar finance/IB focus)	~17 LPA
PIBM Pune	~9-9.5 L (typical)	~8.1-8.2 LPA	~8.2-8.5 LPA
IMI Delhi	~17-20 L (PGDM fee band)	~16-18 LPA est.	~25 LPA est.
IIBS (Bangalore)	~8-12 L (varies by campus)	~8.5 LPA (est)	~15 LPA (est)
TISS (Mumbai) – HRM/LR	~1-2 L (low govt fees)	~28 LPA (elite HR)	~28 LPA (similar)
IRMA (Rural Mgmt)	~10 L (est)	~12-14 LPA (rural/corporate mix)	~22 LPA (est)
SCMHRD, Pune	~17-18 L	~~24 LPA (SNAP data)	~~24 LPA (peak)
NIBM Pune	~10.95 L	~~14 LPA	~~14 LPA
PUMBA, Pune	~3 L	~~8.4 LPA	~~8.4 LPA
BITSOM (IIT Bombay)	~23-26 L (estimate for MBA/PGP)	~~23 LPA	~~50 LPA
IBS (ICFAI)	~16 L (approx)	~~8.5 LPA	~~22.5 LPA (some campuses)
IILM	~10-15 L (varies by campus)	~7-10 LPA (est.)	~22 LPA (est.)
Alliance University (Bangalore)	~18 L (from Bangalore PDF)	~~8.3 LPA	~~60 LPA (peak outlier)
Shoolini University	~5-6 L (est.)	~6-8 LPA (est.)	~12-15 LPA (est.)
IIMS Pune	~7-9 L (typical)	~8-9 LPA (est.)	~26 LPA (reported around)
BML Munjal University	~10-12 L (est)	~~8-10 LPA (est)	~~15-18 LPA (est)

College / Institute	Fees (₹)	Avg. Package (₹ LPA)	Highest Package (₹ LPA)
Great Lakes Institute of Management (GLIM), Chennai	15.36 L	23.8 LPA	39 LPA