Indian Institute of Science & Management is situated in Ranchi, the capital city of Jharkhand. To develop managers of high caliber, the college started imparting high standards of education in 1988. It is approved by All India Council for Technical Education (AICTE), New Delhi. Gradually, the college has made tremendous progress and currently, it is among the best management institutes in the region.

Indian Institute of Science & Management started functioning under the guidance of Dr.Sachchidanand, the then Vice Chancellor of Ranchi University. Currently, the college offers course in various branches of management studies, at the post graduate level.

S.N. Sinha Institute of Business Management, Ranchi strives in its humble way to further this cause and provide opportunities for the enterprising youth to learn the science of management and play an effective role in the social, economic and technological development of the country. Country is passing through an Industrial and Economic revolution. As such there is a growing demand for trained and competent personnel who can tackle the complex problems of managing the modern business and industry on scientific lines. On the other hand there are young educated men and women who are looking for better job opportunities but are unable to find them. The existing institutes of Management have limited seats and can hardly cater for a fraction of the demand for Management Studies. As such there is a need for more and more business Management Institute to fill this wide gap. S. N. Sinha Institute of Business Management is affiliated to Ranchi University and approved by AICTE (All India Council for Technical Education, Govt. of India) for conducting MBA (Master of Business Administration) degree course.

Xavier Institute of Social Service ('XISS) is an educational institute in Ranchi, India. It was established as an extension department of St. Xavier's College, Ranchi, in 1955 with the objective of training young men and women in Rural Development, Personnel Management and Industrial Relations. In 1973 the institute was registered as a separate educational society under the Societies Registration Act, 1860. In 1978, it moved to its present site. XISS was established with the mission to develop human resources for various sectors such as industries, business, rural development, health care etc in the Chota Nagpur region.

In 1973, the Institute was registered as a Separate Educational Society under the Societies Registration Act. It is one of the premier management schools of India in the fields of Personnel Management, Rural Development, Information Management and lately even Marketing and Finance. It is now ranked among the top 50 Indian business schools, and is one of the top two in the state.

Established in 1949, XLRI School of Business and Human Resources is the oldest B-School in India. XLRI stands for Xavier Labour Research Institute. It is also considered as one of the top 5 business schools of India. The entrance exam conducted for taking admission in XLRI is names as XAT. XAT scores may also be used for applying to other XAT affiliated B-schools. Xavier Labour Research Institute School of Business and Human Resources was established in 1949 by Father Quinn Enright, in the ‘Steel City’ of Jamshedpur, Jharkhand. XLRI is a pioneer in imparting education in management and has been instrumental in ushering a new dawn in India.

The Institute has contributed immensely in the growth and supervision of many institutes which provide services in areas of public interests like labor, sectors of rural development, health and education. XLRI was recently awarded the Best B-school at the Asia Pacific HRD Conclave. XLRI is poised to break new ground as the most e-enabled Business School in India. XAT test is conducted in 33cities across different parts of India. XLRI offers 17 courses in total and HR (PM and IR) program is widely considered as the best in Asia.