IIBM Patna (Indian Institute of Business Management), established in 1979, is one of the leading institutes for management education in Bihar. It is recognized by All India Council for Technical Education (AICTE), Ministry of Education, New Delhi for MBA, and Aryabhatta Knowledge University for BBA and BCA.
Indian Institute of Business Management offers a full-time MBA program wherein all management areas are covered in Marketing, Finance, Human Resource Management, Operations, and IT & Systems. The total fee for the MBA program is ₹2,37,000. Admission is based on merit and entrance exams, followed by Group Discussion and Personal Interview. The institute accepts scores from any of the national or state-level entrance exams such as IBSAT, CAT, NMAT, GMAT, MAT, CMAT and XAT.
IIBM Patna has a placement record with recruiters from MRF, OPPO, Bandhan Bank, SBI Life, ITC, Fortune, Birla Gold Cement, Industries, Mahindra & Mahindra, Reliance, Accenture, and IBM. Students go through soft skills training, aptitude tests, mock interviews, and personality development programs to prepare before placements. The average CTC for MBA graduates in 2024 was around ₹6 LPA, while the highest CTC was ₹20 LPA.
IIBM Patna Highlights 2025
The major highlights of Indian Institute of Business Management have been tabulated below:
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Particulars
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Details
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Year of Establishment
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1979
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Location
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Opposite Old Patna Museum, Budh Marg, Patna – 800001, Bihar
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Approved By
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All India Council for Technical Education (AICTE), Ministry of Education, New Delhi
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Recognized By
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Aryabhatta Knowledge University (for BBA and BCA programs)
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Type
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Autonomous Institute
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MBA Fees
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₹2,37,000
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Average Package
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₹6 LPA
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Top Recruiters
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MRF, OPPO, Bandhan Bank, SBI Life, ITC, Fortune, Birla Gold Cement, Industries, Mahindra & Mahindra, Reliance, Accenture, and IBM
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Official Website
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https://www.iibm.in
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How to Reach
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By Flight: Nearest airport is Jay Prakash Narayan International Airport, Patna (approx. 7 km from campus).
By Train: Patna Junction Railway Station is the nearest major railway station (approx. 2 km from campus).
By Road: Easily accessible via Budh Marg; well-connected by city buses, auto-rickshaws, and taxis.
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IIBM Patna Fees 2025
Indian Institute of Business Management Patna offers full-time programs like BBA, BCA, and MBA. The complete one-time fees for MBA is ₹2,37,000. However, if candidates choose to pay semester-wise, the total fee amounts to ₹2,76,000. Below is an approximate fee structure for some of the courses for the academic year 2025:
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Program Name
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Duration
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Total Fees (Full Down Payment Mode)
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BBA
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3 Years
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₹2,32,700
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BCA
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3 Years
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₹2,32,700
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MBA
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2 Years
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₹2,37,000
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IIBM Patna Courses 2025
To get admission into the MBA programs at Indian Institute of Business Management, candidates need to have a graduation degree with a minimum of 50% marks. Further, they need to qualify the MAT, CMAT, XAT, or CAT exam. For undergraduate courses, students must pass 10+2 from a recognized board.
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Course Name
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Eligibility Criteria
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BBA
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12th pass with 45% marks and above from any recognised Board/ NIOS acceptable/10+ Diploma that is Equivalent to 12th.
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BCA
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12th pass with 45% marks and above from any recognised Board/ NIOS acceptable/10+ Diploma that is Equivalent to 12th.
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MBA
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Graduate with a valid score in MAT, C-MAT, XAT, or CAT.
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IIBM Patna Admission 2025
The different stages of the admission process have been mentioned below:
- Visit Website: Visit the official site to check courses, eligibility, and key dates.
- Select Programme: Choose your desired course, like BBA, BCA, and MBA.
- Fill application form: Sign up and fill out the application form with accurate academic and personal details.
- Upload Documents: Submit scanned mark sheets, ID proof, photo, etc.
- Selection Process: Appear for the entrance exam (MAT, C-MAT, XAT, or CAT), or interview as per the course requirement.
- Admission Offer: Shortlisted candidates receive a provisional offer via email or portal.
- Confirm Seat: Pay the initial fee within the deadline to secure your admission.
IIBM Patna Placements 2025
During the 2024 placements at Indian Institute of Business Management, the highest package offered was Rs 20 lakh per annum. The average package stood at Rs 6 lakh per annum. Some of the top companies that took part in the drive were MRF, OPPO, Bandhan Bank, SBI Life, ITC, Fortune, Birla Gold Cement, Industries, Mahindra & Mahindra, Reliance, Accenture, and IBM.
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Particulars
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Details
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Highest Package
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₹20 LPA
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Average Package
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₹6 LPA
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Top Recruiters
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MRF, OPPO, Bandhan Bank, SBI Life, ITC, Fortune, Birla Gold Cement, Industries, Mahindra & Mahindra, Reliance, Accenture, and IBM
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IIBM Patna Cutoff 2025
Indian Institute of Business Management uses scores from national-level entrance tests for admissions into its various programs. For CAT or XAT candidates, a minimum score of 60 percentile is required; CMAT candidates should score 75 percentile; MAT requires 70 percentile.
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Entrance Exam
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Cutoff Score/Percentile (2024)
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CAT
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60 %
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XAT
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60 %
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CMAT
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75 %
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MAT
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70 %
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IIBM Patna Rankings 2025
Indian Institute of Business Management has consistently been recognized for its academic excellence and contributions to education. Below is a summary of IIBM's recent rankings:
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Ranking Body
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Rank/Recognition
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Year
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National Institutional Ranking Framework (NIRF)
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56th in Management Category
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2024
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Indian Institutional Ranking Framework (IIRF)
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12th among Business Schools
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2024
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All India Management Association (AIMA)
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A' Grade B-School
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2022
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Business & Management Chronicle
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A+' Grade B-School
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2022
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IIBM Patna Vs IIM Ahmedabad VS IIM Bangalore Vs IIM Lucknow
The table below represents how the Indian Institute of Business Management compares with IIM Ahmedabad, IIM Bangalore and IIM Lucknow.
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Institute Name
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Campus Size
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Fees
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Average Package
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Indian Institute of Business Management, Patna
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180 Acres
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₹2,37,000
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₹7 LPA
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Indian Institute of Management Ahmedabad
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102 acres
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₹25 Lakhs
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₹33.8 LPA
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Indian Institute of Management Bangalore
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105 acres
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₹26 Lakhs
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₹33.8 LPA
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Indian Institute of Management Lucknow
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200 acres
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₹20.5 Lakhs
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₹31.0 LPA
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IIBM Patna FAQS
What are the eligibility criteria for MBA admission at Indian Institute of Business Management?
The candidates who wish to pursue admission in the MBA program at Indian Institute of Business Management must have completed their graduation with at least 50 percent marks and also need to clear any of these entrance exams, namely MAT, CMAT, XAT, or CAT.
What is the fee structure for the MBA course at Indian Institute of Business Management?
The total fee for the 2-year, full-time MBA program of Indian Institute of Business Management is approximately ₹2,37,000.
What is the placement record of Indian Institute of Business Management in 2024?
Indian Institute of Business Management recorded an average package of ₹6 LPA in 2024 and offered the highest package of ₹20 lakh. Some top recruiters were IBM, Reliance, and Mahindra, among others.
What undergraduate programs are offered at the Indian Institute of Business Management?
Indian Institute of Business Management offers BBA and BCA programs for students who passé 10+2 with a minimum of 45 percent marks.
How does the Indian Institute of Business Management rank nationally among business schools?
Based on the data for 2024, Indian Institute of Business Management was ranked 56 in the NIRF Management Rankings and 12 in the IIRF List of Business Schools.
What is the minimum cutoff for MBA admission at Indian Institute of Business Management?
The expected cutoff scores for MBA at Indian Institute of Business Management in 2025 are: CAT/XAT - 60 percentile, CMAT - 75 percentile and MAT - 70 percentile.
