Chandragupt Institute of Management Patna

What Chandragupt Institute of Management Patna does

Chandragupt Institute of Management Patna (CIMP) is an autonomous management institute established in 2008 in Patna, Bihar, India, with active support from the Government of Bihar — its parent and primary sponsoring entity. The institute is governed by a Board of Governors chaired by the Hon'ble Chief Minister of Bihar and operates a single residential campus in the Mithapur Institutional Area of Patna, housing 51-100 employees, automated lecture halls, an RFID-enabled library, and ERP/LMS infrastructure (VMedulife/Moodle). CIMP serves as the only institute in Bihar offering a two-year PGDM programme deemed equivalent to an MBA by AIU, with AICTE approval, NBA accreditation (since 2019), and AACSB membership.

CIMP's core product portfolio comprises the two-year PGDM (180-seat flagship, Rs. 7.95 lakhs for batch 2026-28), the PGDM-IEV (Innovation, Entrepreneurship & Venture Development, Rs. 6.25 lakhs with 80-90% BSFT government sponsorship), the FPM and EFPM doctoral programmes, an eleven-month Executive Programme in Management, and a stack of short-term certificate courses, MDPs, and FDPs. A wholly-owned Section 8 subsidiary — CIMP Business Incubation and Innovation Foundation (CIMP-BIIF), empanelled under Startup Bihar Policy 2017 — provides startup incubation in Edu-Tech, Fin-Tech, Ad-Tech, E-commerce, and Health-Tech. The institute claims a 100% placement record since inception with recruiters including ICICI Bank, YES Bank, Federal Bank, Bandhan Bank, Tata Advanced Systems, Amul, and Indigo Paints.

The revenue model is tuition-driven, augmented by direct Government of Bihar sponsorship (100% tuition waiver for SC/ST students, partial PGDM-IEV subsidy via BSFT, FPM fellowship of Rs. 30,000/month funded internally) and corporate recruitment-related goodwill. Go-to-market relies on national entrance exam acceptance (CAT, XAT, CMAT, MAT, ATMA, CUET, GMAT), direct campus admissions via an admissions office, WhatsApp enquiry, the AI chatbot 'Niaa', and an event-driven layer of corporate meets, FDPs, and conferences (e.g., ICPPM 2026, MCC2026). Annual revenue is not publicly disclosed.

Name

Chandragupt Institute of Management Patna

Legal name

Chandragupt Institute of Management Patna

Website

https://cimp.ac.in

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Government of Bihar–backed autonomous management institute in Patna offering AICTE-approved PGDM (MBA-equivalent), PGDM-IEV, doctoral (FPM/EFPM), and executive programmes to graduates, working professionals, and government officials across India.

Ownership category

akta.pro rank

Product category

Business School / Management Education

NAICS

Colleges, Universities, and Professional Schools (6113), Professional and Management Development Training (61143), Educational Support Services (61171)

akta.pro primary industry

Strategy, Consulting & General Management Institutes (EDAHAHAI)

akta.pro secondary industry

Program & Portfolio Management (PPM) (EDABAHAB)

Keywords

• Management education
• Postgraduate diploma
• Executive education
• Entrepreneurship programs
• Doctoral fellowship

Headquarters

HQ city

Patna City

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. PGDM Programme Fees: Two-year full-time residential Post Graduate Diploma in Management (PGDM). Total programme fee is Rs. 7,95,000 for batch 2026-28, including Offer Acceptance Fee (Rs. 15,000), Caution Money (Rs. 10,000), and Programme Fee (Rs. 7,80,000 in six terms).
2. PGDM-IEV Programme Fees: Post Graduate Diploma in Management - Innovation, Entrepreneurship & Venture Development. Total programme fee is Rs. 6,25,000. 80% of course fees borne by BSFT (Bihar Startup Fund Trust) for General/OBC, 90% for SC/ST/Women/Differently abled students.
3. EFPM Programme Fees: Executive Fellow Programme in Management. Total fee is Rs. 5,15,000 with initial acceptance fee of Rs. 15,000 and remaining Rs. 5,00,000 in four instalments of Rs. 1,25,000 each over four terms.
4. FPM Fellowship: Full-time residential Fellow Programme in Management. Rs. 30,000 per month fellowship provided for 4 years to all selected candidates. Candidates receive on-campus accommodation, mess facilities, and academic resources.
5. Certificate and Executive Programmes: Various short-term certificate programmes including Investment Bootcamp (Rs. 1,000 + GST), GST Course (Rs. 1,000 + GST), Financial Statement Modeling (Rs. 5,000 + GST), IT Project Management (Rs. 50,000 + GST), and Executive Program in Management (11-month programme for working professionals).

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Chandragupt Institute of Management Patna (CIMP) is an autonomous management institute offering postgraduate diploma programmes (PGDM, PGDM-IEV), doctoral programmes (FPM, EFPM), an eleven-month Executive Programme in Management, short-term certificate courses, Management Development Programmes (MDPs), and Faculty Development Programmes (FDPs). The institute also operates a startup incubation centre (CIMP-BIIF) to support student and alumni entrepreneurs.

Product overview

Chandragupt Institute of Management Patna (CIMP) is an autonomous management institute established in 2008 by the Government of Bihar. The institution operates as a multi-programme educational platform offering four core academic programmes: PGDM (equivalent to MBA, AICTE-approved, NBA-accredited), PGDM-IEV (focused on Innovation, Entrepreneurship & Venture Development with startup incubation support), EFPM (Executive Fellow Programme for working professionals pursuing doctoral research), and FPM (Full-time residential Fellow Programme). Alongside these, CIMP offers Executive Education including an eleven-month Executive Programme in Management, plus short-term Certificate Programmes, Management Development Programmes (MDPs), and Faculty Development Programmes (FDPs). The institute features a Startup Incubation Centre (CIMP-BIIF) launched in 2017 and maintains research centres focused on Emerging Markets, South Asian Studies, and Public Policy.

Differentiator

Problem solved

Functional benefit

Products and services

• PGDM (Post Graduate Diploma in Management) Two-year full-time residential postgraduate diploma programme approved by AICTE, accredited by NBA, and recognised by AIU as equivalent to MBA. Intake of 180 students per batch with specialisations in Marketing, Finance, IT, Business Analytics, OB & HR and General Management. Targets fresh graduates and early career professionals seeking management credentials.
• PGDM-IEV (Innovation, Entrepreneurship & Venture Development) Full-time postgraduate diploma programme focused on innovation, entrepreneurship and venture development. Features pre-incubation handholding, live product/service development, PoC testing, IPR management and product commercialisation. Sponsored by Department of Industries, Govt. of Bihar, with 80-90% fee sponsorship through BSFT. Targets aspiring entrepreneurs and startup founders.
• FPM (Fellow Programme in Management) Full-time residential four-year doctoral programme designed to enhance research capabilities and prepare participants for research, academic and consulting roles. Approved by AICTE. Provides a Rs. 30,000 per month fellowship for 4 years along with on-campus accommodation and mess facilities. Targets doctoral researchers and academic aspirants.
• EFPM (Executive Fellow Programme in Management) Four-year executive doctoral programme with mandatory campus visits, aimed at enhancing research capabilities of working executives, managers, faculty members and researchers. Approved by AICTE. Covers Marketing, Finance, OB, HR, Economics, Operations, Information Systems and Strategic Management. Targets working executives and senior professionals.
• Executive Programme in Management Eleven-month executive programme designed for administrators, public servants, government employees and managers. Focuses on modern management practices, functional areas of general management, and public policy. Includes over 300 hours of classroom and 650 hours of self/group study. Targets government executives and mid-level managers.
• Certificate Programmes Short-term professional certificate courses including Investment Portfolio, GST, Financial Intelligence, Portfolio Management, Financial Modeling, IT Project Management, Tally, Communication Skills, Marketing, and Sales & Channel Management. Pricing ranges from Rs. 1,000 + GST (5-day courses) to Rs. 50,000 + GST (3-month courses). Targets working professionals and students seeking skill development.
• MDPs (Management Development Programmes) Short-term management development programmes for working professionals and corporate clients focusing on executive education and skill development. Targets corporate clients and working executives.
• FDPs (Faculty Development Programmes) Faculty development programmes covering research methodology, EViews, CO-PO-PEO assessment, and academic assessment training. Targets academic faculty members.
• CIMP-BIIF Startup Incubation CIMP Business Incubation and Innovation Foundation (CIMP-BIIF) is a Section 8 company startup incubation centre providing mentoring, plug-and-play office and co-working space for startups in Edu-Tech, Fin-Tech, Ad-Tech, E-commerce and Health-Tech sectors. Empanelled under Startup Bihar Policy 2017 and listed with Startup India. Targets aspiring student entrepreneurs and early-stage startups.

Quantifiable outcome

• 100% placement achieved for all graduating students since inception
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• BOSCHcoreStrategic or Co-development PartnerBosch has established an Industry-Academia Collaboration Cell at CIMP. Bosch is a German multinational engineering and technology company providing technology and services across mobility, consumer goods, industrial technology, and energy and building technology sectors.
• Associated Chambers of Commerce and Industry of India (ASSOCHAM)minorOthersASSOCHAM is a non-governmental trade association and advocacy group based in New Delhi, India. It represents interests of trade and commerce and acts as interface between issues and initiatives.
• All India Management Association (AIMA)minorOthersAIMA is a statutory professional body for regulation and licensing of management profession in India under Ministry of Corporate Affairs. Conducts Management Aptitude Test (MAT) used by over 600 business schools.
• Confederation of Indian Industry (CII)minorOthersCII is a non-governmental trade association and advocacy group headquartered in New Delhi, India. It engages business, political, academic, and other leaders of society to shape global, regional, and industry agendas.
• FICCIminorOthersEstablished in 1927, FICCI is the largest, oldest and apex business organisation in India. Non-governmental, not-for-profit organisation with membership from corporate sector including SMEs and MNCs.
• PHD Chamber of Commerce and IndustryminorOthersEstablished in 1905, PHD Chamber is a proactive National Apex Chamber working at grass-root level with strong national and international linkages for promotion of industry, trade and entrepreneurship.
• Indian Society for Training & Development (ISTD)minorOthersISTD is a national level professional & non-profit society established in 1970, affiliated to International Federation of Training and Development Organizations (IFTDO), Geneva and Asian Regional Training and Development Organizations (ARTDO), Manila.
• National HRD NetworkminorOthersAn association of professionals committed to promoting HRD movement in the country and enhancing capability of human resource professionals.
• Department of Industries, Govt. of BiharcoreStrategic or Co-development PartnerThe Department of Industries, Government of Bihar actively sponsors and supports CIMP-BIIF (CIMP Business Incubation and Innovation Foundation) startup incubation centre under Startup Bihar Policy 2017. Also sponsors PGDM-IEV programme.
• Startup BiharcoreStrategic or Co-development PartnerCIMP-BIIF Section 8 company startup incubator is empanelled under Startup Bihar Policy 2017 and listed with Startup India. Focus areas include Edu-Tech, Fin-Tech, Ad-Tech, E-commerce and Health-Tech sectors.
• Government of BiharcoreStrategic or Co-development PartnerPrimary sponsoring entity that established CIMP as an autonomous institution in 2008. Provides ongoing support for operations, scholarships (100% tuition fee waiver for SC/ST), and various programme sponsorships.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Management Development Institute (MDI) Gurgaon: Top-ranked Indian private B-school offering two-year PGPM, executive and doctoral programmes. Competes with CIMP for the same national CAT/GMAT applicant pool, especially for placements in banking, consulting and large corporates.
• Institute of Management Technology (IMT) Ghaziabad: Established private B-school with flagship two-year PGDM plus executive and doctoral programmes. Competes with CIMP for the same CAT/XAT applicants and recruiter relationships across banking, FMCG and IT services.
• XLRI – Xavier School of Management: Premier Jamshedpur-based B-school offering flagship two-year PGDM, executive programmes and doctoral programmes. Operates in the same Eastern India corridor, draws from the same CAT/XAT talent pool, and competes for recruiter mindshare across sectors where CIMP places students.
• Symbiosis Institute of Business Management (SIBM) Pune: Large-scale private B-school running two-year MBA and executive programmes with much higher intake and brand reach. Competes indirectly with CIMP for top-end applicants and for recruiter mindshare across IT, banking, FMCG and consulting sectors.

Direct peers

• Indian Institute of Management Bodh Gaya: Public IIM located in Gaya, Bihar, offering flagship two-year PGP and other programmes. Targets the same Bihar/Eastern India applicant pool, draws from similar central/state sponsorship, and competes head-to-head with CIMP for CAT/XAT candidates and recruiters.
• International Management Institute (IMI) New Delhi: Private B-school offering two-year PGDM and executive programmes with comparable intake sizes, specialisation mix and recruiter base. Overlaps directly with CIMP on the CAT/XAT applicant pool and on placement partners in banking, FMCG and manufacturing.
• XIM University (Xavier Institute of Management): Bhubaneswar-based private B-school running two-year MBA, executive and doctoral programmes with similar intake sizes to CIMP. Competes for Eastern India applicants and recruiters and offers a broadly comparable specialisation mix in finance, marketing, HR and operations.
• T.A. Pai Management Institute (TAPMI) Manipal: Private B-school offering two-year MBA and executive programmes of comparable intake and specialisation mix to CIMP. Targets the same mid-tier CAT/XAT/GMAT applicant pool and competes for placements in banking, consulting and consumer-facing sectors.
• Indian Institute of Management Visakhapatnam: Newer-generation IIM in Andhra Pradesh offering two-year PGP and doctoral programmes with similar scale and government-of-India sponsorship. Competes with CIMP for the same tier of CAT/XAT applicants and for entry-level corporate placements.
• Indian Institute of Management Ranchi: Government-established IIM in Jharkhand offering PGP, executive and doctoral programmes. Closest geographic and structural peer to CIMP — same intake size band, same national-exam-based admissions, and overlapping recruiter base in banking, FMCG and consulting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CimpMedia
• YouTubeyoutube.com/c/ChandraguptInstituteofManagementPatna
• Facebookfacebook.com/CIMPATNA
• LinkedInlinkedin.com/company/cimp-patna
• Instagraminstagram.com/cimp.patna
• Pinterestpinterest.com/cimp_patna

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Chandragupt Institute of Management Patna