Lalit Narayan Mishra Institute of Economic Development & Social Change (LNMI) — Centre for Corporate Excellence | Bailey Road, Patna
Est: 1973 | Formerly: Bihar Institute of Economic Development | Loc: 1, Jawahar Lal Nehru Marg, Bailey Road, Patna, Bihar 800001 | Type: Public Autonomous | Director: Dr. S. Siddharth | Affiliation: Aryabhatta Knowledge University (AKU), Patna | Magadh University | Approval: AICTE | Rankings: IIRF #72 MBA (2025) | IIRF #42 BBA (2025) | Collegedunia #111 BBA | Placements 2024: Highest ₹15.5L | Avg ₹6.3–7.2L | 90%+ placed | HDFC Bank, Airtel, Amul, Federal Bank, ITC | Mission: “Est 1973; 50+ years Bihar institution; public autonomous; Logistics+SCM MBA unique; Integrated MBA 5-yr; IIRF #72; ₹15.5L highest; HDFC+Amul+ITC; Centre for Corporate Excellence”
COURSES & SPECIALISATIONS
| Program |
Details |
| MBA (Flagship PG) |
Specializations: General | International Business | Human Resource Development | Logistics & Supply Chain Management | Fees: ₹2.75L (2-yr) | Seats: 220 (2 courses) | Admit: CAT, CMAT, MAT + GD + PI | Graduation 50%+ |
| MBA-IB + MBA-HRD |
MBA International Business | Global trade + IB focus | MBA-HRD (Human Resource Development) — specialized workforce focus | CAT/CMAT/MAT + GD + PI |
| Integrated MBA (5-yr) |
BBA + MBA (5-yr integrated) | Starts from 10+2 | Complete management degree in one go | No separate MBA entrance needed | Unique pathway for school leavers |
| BBA + BCA + MCA + Integrated MCA (5-yr) |
BBA | BCA | MCA | Integrated MCA (BCA+MCA, 5-yr) | LNMI entrance + merit | Public institute affordable fees | 50+ years heritage |
PLACEMENTS & CAREER SUPPORT
| Category |
Details |
| Placement Stats (2024) |
Highest: ₹15.5 LPA | Avg: ₹6.3–7.2 LPA | 90%+ placed | Annual campus drives | FMCG + BFSI + Media + IT + Telecom sectors |
| Top Recruiters |
HDFC Bank | Airtel | JustDial | Federal Bank | Amul | Berger Paints | Axis Bank | Kotak Securities | Sunrise | ITC | British Paints | Jaro Education | LG Electronics | Dainik Jagran | Reliance Communications | Business Standard + more |
| 50+ Year Heritage + Centre |
Est 1973 — 50+ years of management education | “Best institute in Patna, oldest one” | Centre for Corporate Excellence MDPs | Leadership development | Industry expert sessions | Integrated MBA 5-yr unique | Logistics+SCM rare spec Bihar |
APPROVALS & RECOGNITION
| Authority |
Status |
| AICTE + AKU |
AICTE Approved | Aryabhatta Knowledge University (AKU), Patna | Magadh University | Public Autonomous Institute |
| Rankings |
IIRF #72 MBA (2025) | IIRF #42 BBA (2025) | Collegedunia #111 BBA | Dr. S. Siddharth (Director) | Est 1973 | 50+ years | 1 JLN Marg Bailey Road Patna Bihar 800001 | +91 612 250 5200 | lnmipat.ac.in |
CAMPUS FACILITIES & INFRASTRUCTURE
| Facility |
Details |
| Location |
Bailey Road, Patna — prime location | 1, JLN Marg | Heart of Patna business district | Proximity to government offices + corporate hub | “World-class quality education, excellent study materials” (student) |
| Support |
Library | Computer labs | Classrooms | Medical | Sports | Cafeteria | Public institute government-standard infrastructure | MCQ entrance test (300 marks) | Cultural events | 50+ year alumni network |
SCHOLARSHIPS & FINANCIAL SUPPORT
| Scheme |
Details |
| LNMI Scholarships |
E-Scholarship: SC/ST → ₹12,000/yr | BC → ₹6,000/yr | Merit Scholarship: Entrance rank → ₹10,000/yr (MBA/MCA) | ₹5,000/yr (BBA/BCA) | Need-based: Family income < ₹1L → ₹5,000/yr | Minority Scholarship available |
| Fee Structure |
MBA: ₹2.75L (2-yr) | Public institute affordable | AICTE | IIRF #72 MBA | ₹15.5L highest | ₹6.3-7.2L avg | 90%+ placed | HDFC, Airtel, Amul, ITC | Logistics+SCM spec | Integrated MBA 5-yr unique | 50+ years | Bailey Road Patna | lnmipat.ac.in |
Join LNMI — Lalit Narayan Mishra Institute, Centre for Corporate Excellence, Bailey Road, Patna
Est 1973 | 1 JLN Marg Bailey Road Patna Bihar 800001 | AICTE | AKU Patna | Public Autonomous | MBA ₹2.75L (2-yr) | 4 Specs: General + IB + HRD + Logistics+SCM | Integrated MBA 5-yr (BBA+MBA) | Integrated MCA 5-yr | ₹15.5L Highest | ₹6.3-7.2L Avg | 90%+ Placed | HDFC Bank, Airtel, Amul, ITC, Berger, Federal Bank | IIRF #72 MBA | SC/ST ₹12K Scholarship | Merit ₹10K/yr | Need-based ₹5K | 50+ Years Bihar Heritage | +91 612 250 5200 | lnmipat.ac.in
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