Best MBA Colleges in Patna 2024: Fees, Admission, Courses, Placements

There are about 20+ best MBA colleges in Patna. Of these,  8 colleges are owned by public/government organisations, and 5 are privately owned. MAT, CMAT, XAT, CAT, etc. are some of the most accepting entrance exams in top MBA colleges in Pune. Some of the popular colleges include Chandragupt Institute of Management, Patna University, Birla Institute of Technology, Mesra, ISM - International School of Management, Amity University, Patna, DMI - Development Management Institute, and many others.

Joining MBA colleges in Patna can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their total tuition fees and average placement package:

READ MORE: Career After MBA

MBA graduates with any specialisation are a great resource for any firm. Below is the list of a few top companies in India that recruit graduates from MBA colleges in Patna along with their placement packages:

Yes, you can pursue an MBA at Patna University. It offers MBA programs along with other courses in various disciplines. You may want to check their admission criteria, application procedures, and programme offerings.

The eligibility criteria for MBA courses may differ from one college to another. However, the basic MBA eligibility criteria for admission to MBA colleges in Patna are as follows:

• Candidates must have passed graduation in any discipline or equivalent from a recognised university as some basic eligibility criteria for MBA (full-time).
• Most of the institutes follow the minimum score criteria in graduation which is 50% aggregate or equivalent CGPA. For reserved category students, the minimum score is 45% aggregate or equivalent CGPA.
• Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

Since, MAT exam is conducted only for admission to MBA and PGDM/PGP courses. It is a post graduate level business aptitude test comprising Quantitative Aptitude critical reasoning, data interpretation, data sufficiency, language comprehension and general awareness.

Given below are the topics included in the MAT syllabus:

• MAT Syllabus for Language: Comprehension Verb, Noun, Pronoun, Adjective, Adverb, Parts of Speech, Sentence Correction, Fill in the Blanks, Antonyms and Synonyms, One Word Substitution, Idioms/Phrases, Para Jumbles, Reading Comprehension, Vocabulary, Grammar, Verbal Ability, etc. 
• MAT Syllabus for Intelligence and Critical Reasoning: Family Tree, Course of Action, Arrangement, Pie Chart, Calendars, Statement Conclusions, Strong Arguments and Weak Arguments, Puzzles, Series, Blood Relations, Coding and Decoding, Column Graphs, Multi-Dimensional Arrangements, Visual Reasoning, Numeric Grid, Critical Reasoning, Syllogisms, Graphs Representing Areas MAT Syllabus for Data Analysis and Sufficiency: Tables, Charts, Pie Charts, Caselet-based Data, Graphs - Line X-Y Graphs, Venn Diagram, Bar Diagrams, Data Analysis and Data Comparison, Data Sufficiency 
• MAT Syllabus for Mathematical Skills: LCM and HCF, Commercial Maths Complex Numbers, Percentages, Permutation and Combinations, Binomial Theorem, Profit and Loss, Simple Interest and Compound Interest, Heights and Distance, Inequalities, Speed, Time and Distance, Triangles Set Theory, Number System Circles, Mixtures and Alligations, Elementary Mathematics, Geometry, Venn Diagrams, Trigonometry Equations, Linear Programming
• MAT Syllabus for Indian and Global Environment Section: Current Affairs World Records, Business and Economy, Companies and CEOs, Awards and Winners, Books and Authors, Company Punchlines, History, International Organisation, Quotes and Personalities, Social Issues, Geography, Sports, Arts, Entertainment, Technology.

Yes, the difficulty level of CAT syllabus is very high as compared to other MBA entrance exams. However, if you prepare well and follow the CAT exam pattern well, you will be able to score well. Besides having an understanding of the CAT syllabus 2024, candidates also need to be well aware of the CAT exam pattern before they start preparing for the exam. The CAT exam pattern was revised in 2021 and the number of questions were reduced from 76 to 66. The structure of CAT 2022 and CAT 2023 was the same. The syllabus is still tougher than other exams.

The most important things to keep in mind are:

1. CAT exam mode is online
2. Each question carries three marks 
3. There is negative marking of minus one mark for wrong attempts

The section-wise distribution of questions and difficulty levels as per the latest CAT exam pattern are listed below:

• Quantitative Ability (QA) - 24 questions, difficulty level - moderate to high 
• Data Interpretation and Logical Reasoning (DILR) - 20 questions, difficulty level - moderate 
• Verbal Ability and Reading Comprehension (VARC) - 22 questions, difficulty level - moderate. to high

The table below shows the distance MBA colleges in Patna along with their total tuition fees:

In rare circumstances, it is possible to pursue an MBA without taking any entrance exam. The CAT, MAT, GMAT, XAT, and other standardized entrance exams are required for admission to many MBA programs worldwide. 

If you are not planning to take the CAT in 2024, listed below are some direct admission eligibility criteria to help you be accepted into MBA programs.

• The minimum score required in the UG level examination may differ from one college to another, however, the student must have scored at least 50%-65% aggregate in his or her graduation.
• For the reserved category,  the score should at least be 45% aggregate.
• Some institutes accept other competitive exam scores such as XAT, MAT,  GMAT,  NMAT,  ATMA,  SNAP, etc.

MBA Colleges in Patna offer diversified specialisations. The most popular ones are Sales and Marketing followed by Finance and Human Resources. The below table showcases specialisations offered by the number of colleges:

CAT is a computer based test which is conducted in three shifts. The CAT is conducted for two hours in which candidates have to solve 68 questions.

These 68 questions are divided into three sections Verbal Ability and Reading Comprehension VARC Data Interpretation and Logical Reasoning DILR and Quantitative Aptitude (QA). The VARC section has 24 questions, the DILR section has 28 questions and QA section has 22 question. Each question carries 3 marks for correct entry and -1 for incorrect entry. There is no negative marking for unanswered question. A unique aspect of CAT is the sectional time limit. Each section has a time limit of 40 minutes (53.20 minutes for PwD candidates).

Candidates have to complete the section within the time limit as the moment the onscreen timer shows 0 minutes left, the screen will automatically move to the next section. There is no option to go back to older questions. Also, candidates have to follow the question paper chronology. They have to first solve the VARC section, then the DILR section and then the QA section.

Candidates who get admission to the Patna University MBA course must pay an admission fees which ranges from INR 9,500 to INR 2.16 lakh. The following is the tuition fees and the fee may comprise of other components.  

Yes, an MBA course can be very helpful for a career in the stock market and finance in general. While an MBA doesn't focus solely on the stock market, it equips students with a range of skills and knowledge that are highly relevant in this field. Courses like MBA in Finance will help you gain insight about the stock market wherein you can learn about topics like financial analysis, portfolio analysis, corporate finance and strategic planning. 

While an MBA provides a solid foundation, it's important to note that practical experience, continuous learning, and staying updated with market trends are equally vital in the stock market.