Chandragupt Institute of Management (CIMP) Patna Competes 100% Placements 2024; Admission 2024 Closing on May 15; Check latest details and apply now

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Updated on April 17, 2024
Chandragupt Institute of Management (CIMP) Patna is a high RoI B-school with low fee. It is a Standalone Government Institute in India, Approved by AICTE, Accredited by NBA, and Recognized by AIU. CIMP will accept CAT, XAT, CMAT and MAT score for Admission 2024. Application process for CIMP admission 2024 is open. Last date to apply is extended to May 15, 2024
CIMP Admission 2024

Established in 2008 as an autonomous institution with support from the Government of Bihar, Chandragupt Institute of Management Patna (CIMP) is a premier management institute and is ranked amongst leading B-schools in India. CIMP has announced the completion of 100% placement of its students of the 2022-24 batch. Apart from the flagship PGDM programme, CIMP also offers AICTE approved 2 years full time Post Graduate Diploma in Management- Innovation, Entrepreneurship & Venture Development (PGDM-IEV); Fellow Programme in Management (FPM) and Executive Fellow Programme in Management (EFPM). CIMP Patna will accept CAT 2023, XAT 2024, CMAT 2024 and MAT 2023/2024 score for PGDM admission 2024. Application for Admission 2024 is open Apply Now

Chandragupt Institute of Management Patna (CIMP) Placements 2024
Chandragupt Institute of Management Patna (CIMP) has announced the completion of 100% placement of its students of the 2022-24 batch. Giving details of the placement, CIMP Director Dr Rana Singh told MBAUniverse.com, "The placement scenario of CIMP has improved considerably this year. We have completed 100% Placements for 2022-24 batch. The median CTC has increased from Rs 7 Lakh to Rs 7.50 lakh this year."

Key Highlights of CIMP Placements 2024 are:

  • The highest pay package offered this year was Rs 24.80 lakh per annum
  • More than 30 reputed companies participated in the placement drive this year
  • They recruited all the 97 students who opted for placement.
  • Top Recruiters during CIMP Placements 2024 included ICICI Bank, Federal Bank, Ujjivan Bank, Axis Bank, HDFC Bank, IDBI Bank, Amul, Comfed, etc.

CIPM PGDM Admissions 2024 is currently open. Read this article below to check key USPs, eligibility criteria, Fee, Placement, selection process, how to apply for admission 2024 at CIMP among other key details.

CIMP Patna PGDM Admission 2024 Open: Apply Now

Table of Contents

  1. Chandragupt Institute of Management Patna: Highlights & USPs
  2. CIMP Leadership
  3. CIMP - Youngest B-School to Get NBA Accreditation
  4. Chandragupt Institute of Management Fees, Programme offered, Seats
  5. Chandragupt Institute of Management Placements 2024 
  6. Chandragupt Institute of Management Scholarship
  7. CIMP Patna Admission 2024: Step by Step Selection Process
  8. Chandragupt Instiute of Management Eligibility Criteria 2024
  9. How to Apply for CIMP Admission 2024?
  10. CIMP Last Date to Apply for Admission 2024

1. Chandragupt Institute of Management Patna: Highlights & USPs

  • 1.1 Fully Funded by Government: CIMP was established as an autonomous institution in 2008 with the active support from the Government of Bihar.
  • 1.2 Approvals & Accreditations: CIMP is the only Standalone Government Institute in India. It is approved by AICTE; Accredited by NBA, and its flagship PGDM programme recognised by AIU as equivalent to MBA.  
  • 1.3 Ranked Among Top B-Schools of India: In the Govt of India, MHRD NIRF Rankings 2023 CIMP Patna is ranked among top 125 B-schools in India. In MBUniverse.com B-School Ranking 2023 CIMP Ranking is #60 among top 85 B-schools of India.
  • 1.4 Substantial Contribution in Management Education: Since its inception, CIMP has been contributing substantially to the academic and development credentials of Bihar while fulfilling the primary role of training students to become professional managers.
  • 1.5 Moderate CIMP Fees: CIMP has moderate fee. Total fee for 2 years PGDM is Rs.7.65 lakhs
  • 1.6 Chandragupt Institute of Management Placements: CIMP has 100% placement record. In placement 2023 CIMP registered average salary of Rs.6.5 LPA and highest salary of Rs.14 LPA.
  • 1.7 Top Recruiters: Top Recruiters at CIMP Placement 2023 include Tata Advanced Systems Ltd., IDBI Bank, Yes Bank, ITC Ltd, Colgate-Palmolive, Amul, Asian Paints, Berger Paints, JEEViKA, Federal Bank, Vodafone Idea, Bharat Financial Inclusion Ltd. Tata Consumer Products, ICICI Bank Accenture among others
  • 1.8 International Exchange: CIMP Patna has partnered with Stockholm University School of Business, Sweden for International Student Exchange programme.
  • 1.9 Centres of Excellence: CIMP has Eleven Centres of Excellence to encourage Research and Consultancy. Faculty members have participated in about 50 International and 40+ National Conferences
  • 1.10 Pedagogy: Case study based teaching is followed at CIMP. Majority of these cases are drawn from Harvard Business Publishing and Ivey Publishing
  • 1.11 Labs & Centres: CIMP has Business Analytics Lab in collaboration with International Business Machines Corporation (IBM). It also has Startup Incubation Centre and Business Innovation Lab. CIMP launched “Students Guidance Centre” (SGC) and “Beautiful Mind” to benefit the socially and financially deprived children
  • 1.12 CIMP & IBM Collaboration: A new milestone in CIMP’s Industry interface is the recent collaboration with IBM in opening a Centre for Business Analytics.

2. CIMP Leadership: Chandragupt Institute of Management (CIMP) Patna is led by its Director, Prof (Dr) Rana Singh. He is Director, Professor and Dean Academics. He is PhD and is MBA with Gold Medal. The institute follows most of the practices, systems and processes of leading management institutes in India. Chairman of the CIMP Board of Governors is Honourable Chief  Minister of Bihar, Shri Nitish Kumar and Vice Chairman is the Hon’ble Education Minister of Bihar, other members in BoG include the senior bureaucrats, MHRD representatives among others.

3. CIMP-Youngest B-School to Get NBA Accreditation: Established in 2008, CIMP received the honour of being one of the youngest Business Schools in India to get full accreditation from National Board of Accreditation (NBA). NBA accreditation assures that students receive the education which is a balance between high academic quality and professional relevance. The needs of the corporate world are well understood and integrated into the academic programme, activities, and processes

4. Chandragupt Institute of Management Fees, Programme offered, Seats
CIMP Patna Fees is lower than most other good B-schools. The details of CIMP Fees, programmes offered and intake are as below

Programme offered
CIMP Patna Fee 2023-25
CIMP PGDM Seats
2 Years full time Post Graduate Diploma in Management (PGDM)
Rs.7,65,000
120 Students
2 Years full time PGDM- Innovation, Entrepreneurship, and Venture Development (PGDM-IEV)
Rs.6,25,000
 30 Students

Apart from the programme fee, students have to pay for the Mess, Hostel, and Books. 

4.1 CIMP PGDM Specializations: Courses at CIMP are developed by committees consisting of reputed academicians from premier institutes like IITs and IIMs, and teaching materials used in the courses are sourced from Harvard Business School, IIM Ahmedabad, and other leading national and international B-Schools.

PGDM programme at CIMP offers a pool of specializations in the second year in various functional areas of management such as marketing, finance, human resources, operations, and information technology (IT). A student can distribute his/her choice of electives across one or more of the functional areas, subject to completion of the minimum number of credits required for the award of PGDM.

5. Chandragupt Institute of Management Patna (CIMP) Placements 2024
Chandragupt Institute of Management Patna (CIMP) has announced the completion of 100% placement of its students of the 2022-24 batch. Giving details of the placement, CIMP Director Dr Rana Singh told MBAUniverse.com, "The placement scenario of CIMP has improved considerably this year. We have completed 100% Placements for 2022-24 batch. The median CTC has increased from Rs 7 Lakh to Rs 7.50 lakh this year."

Key Highlights of CIMP Placements 2024 are:

  • The highest pay package offered this year was Rs 24.80 lakh per annum
  • More than 30 reputed companies participated in the placement drive this year
  • They recruited all the 97 students who opted for placement.
  • Top Recruiters during CIMP Placements 2024 included ICICI Bank, Federal Bank, Ujjivan Bank, Axis Bank, HDFC Bank, IDBI Bank, Amul, Comfed, etc.

CIMP has achieved 100% placement for all the previous batches. Placement 2023 at CIMP recorded average salary at Rs.6.50 LPA and the Highest salary at Rs. 14 LPA

CIMP Patna PGDM Admission 2024 Open: Apply Now

6. Chandragupt Institute of Management Scholarship
CIMP offers scholarships to meritorious and needy students. CIMP scholarships schemes are:

6.1 CIMP TFW Scheme

  • CIMP facilitates the education of economically backward students through Tuition Fee Waiver Scheme (TFW) as proposed by AICTE.
  • The scheme will be applicable only to the students whose parents’ annual income (from all sources) is less than Rs.8.00 lakhs.
  • Total number of CIMP scholarships under this category will not exceed 5% of the total intake.

6.2 CIMP Meritorious Girl Student Scholarship (MGSS) scheme
Under Meritorious Girl Student Scholarship (MGSS) scheme, scholarship will be given to top 3 girl students securing place in top 10 positions in the batch, every academic year.

7. CIMP Patna Admission 2024: Step by Step Selection Process
CIMP PGDM Admission 2024 is through the Common Admission Test (CAT 2023), Xavier Aptitude Test ( XAT 2024), Common Management Admission Test (CMAT 2024), MAT 2023/2024. Selection of the candidates for admission to the 2024-26 batch will be a three-step process:

7.1 Step-1: Shortlisting
CIMP Shortlisting of the candidates will be done on the basis of Test scores (CAT 2023, XAT 2024, CMAT 2024, MAT 2023/2024) and criteria like the previous academic record and relevant work experience. The candidates shall be shortlisted on the basis of the overall rank computed taking into account of the following components:

Shortlisting Component
Weightage
 Class 10th Marks
5
 Class 12th Marks
5
 Graduation Marks
5
 Work-Experience Profile (Duration)
5
 CAT (2023), XAT(2024), CMAT(2024), MAT (2023/2024)
35
  Total
55

Step-1.1: CIMP Cut offs in Shortlisting
Despite being one of the high learning and placement offering institution, the cut offs for shortlisting in all the exams remain moderate to encourage academic and gender diversity in CIMP class rooms.

7.2 Step-2: Shortlisted candidates would be called to attend Group Discussion (GD) & Personal Interview (PI) during March to June 2024. Applicants will be informed about the GD/PI schedule through emails/phone.

7.3 Step-3: The final merit list would be prepared after considering weighted scores of various components like the Academic record, Test score, Work experience, and Performance in Writing Ability Test, Psychometric test, Group Discussion & Personal Interview.

Components & Weightages in Final Selection Round
 Weightage
Group Discussion (GD)
20
Personal Interview (PI)
20
Sports, Extra-Curricular activities, Academic Diversity and Gender Diversity
5
Total
45
Total (Shortlisting 55 + final selection 45 weightage)
100

Step-3.1: Admission Offer
Final offer of admission would be declared after close of last date for admission. Candidates will be notified by courier/speed post/registered post/e-mails.

8. CIMP Eligibility Criteria 2024
The Institute has invited applications to two-year full-time residential AICTE approved, NBA Accredited, and AIU recognised PGDM programme for the batch 2024-26. Important points in CIMP PGDM admission eligibility criteria for 2024-26 batch are as below:

  • The candidate must hold a Bachelor's degree, with at least 50% marks or equivalent CGPA [45% in case of the candidates belonging to Scheduled Castes (SC), Scheduled Tribes (ST), and Differently Abled (DA*) categories], from any of the recognized Universities
  • Candidates appearing for the final year of Bachelor's degree/equivalent qualification examination and those who have completed degree requirements and are awaiting results can also apply.
  • If selected, such candidates will be allowed to join the programme provisionally, only if he/she submits a certificate latest by June 30, 2024 from the Principal/Registrar of his/her College/Institute (issued on or before June 30, 2024) stating that the candidate has completed all the formalities/requirements for obtaining the bachelor's degree/equivalent qualification on the date of the issue of certificate. 
  • Prospective candidates must maintain a valid email account and consistent phone number throughout the selection process.
  • Candidates who have appeared or appearing in CAT 2023, XAT 2024, CMAT 2024, MAT 2023/2024 can apply for admission irrespective of the fact whether the result of the exam is declared or is yet to be declared.

CIMP Patna PGDM Admission 2024 Open: Apply Now

9. How to Apply for CIMP Admission 2024?
CIMP application process 2024 is online as well as offline. The application form can be completed by visiting the official website of CIMP Patna or the application form can be obtained from the institute.

  • Cost of an Application Form is Rs. 1000/- (Rs. 500/- for Scheduled Caste (SC), Scheduled Tribe (ST), Backward Class (BC) and Differently Abled (DA)* candidates).
  • Application forms and Admission Brochure can be obtained from the Institute on all working days from 10 A.M. to 5 P.M. Application forms and Admission Brochure can be downloaded from CIMP website also.
  • Candidates may submit the Application Form at the CIMP counter by hand or by post.
  • Applicants can also apply online on CIMP website along with online payment of the application fee. Convenience charges are to be paid in case of online payment. The application fee can be paid through Cash or Credit Card/ Debit Card/Bank Transfer through the designated payment gateway.
  • Payment can also be made by Demand Draft, drawn in favour of Chandragupt Institute of Management Patna, payable at Patna, giving CIMP Application Registration number on the reverse of the Demand Draft. In the absence of the above information, the application will be treated as incomplete and liable to be rejected. All payments by Demand Draft are to be sent to CIMP.
  • Applications complete in all respects, including application fees, should be submitted direct / online. Incomplete forms are liable to be rejected summarily

10. CIMP Patna Admission 2024 Last Date to Apply
CIMP Patna Last date to apply for Admission 2024 is May 15, 2024.

Chandragupt Institute of Management Patna (CIMP) has emerged as a pioneer in creating a new generation of young management professionals. In the next decade, CIMP expects to achieve success levels at par with the best management schools, internationally. Since inception, CIMP has achieved many milestones, through its focus on the ‘state-of-the-art’ research in various fields of management. In addition, CIMP has also initiated and completed many high quality management development programs covering both corporate and government sectors.  From 6th onward editions of the survey on Industry-Linkages of Technical Institutions, conducted by AICTE in association with CII, CIMP ranks high. The Industry linkages help CIMP understand the changing requirements of the industry. This gets reflected in the courses taught by the faculty.

Several research centres have been established at CIMP to focus on various issues of development in Bihar and India. Centre for Research in Emerging Markets, Centre for South Asian Studies, Centre for Public Policy are some of the research centres currently operating at the Institute. CIMP strives to develop competent, empathetic, ethically oriented, and socially responsible managers to serve the industry, the government, and the social sector. CIMP has received five prestigious international and two prestigious national awards for academic excellence and leadership. CIMP Application process is open for admission 2024, Apply Now

Stay tuned to MBAUniverse.com for more updates on CIMP Patna

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