MBA Colleges in Punjab Based on 2024 Ranking

Top MBA Colleges in Punjab: Admission Process

Punjab, also known as "The land of great saints and fighters", also houses some of the top-ranked and premier MBA colleges in India. There are 203 MBA colleges in Punjab which include 182 private and 20 MBA government colleges. Below is the chart representing the ratio between private and government MBA colleges in Punjab:

Admissions into MBA colleges in Punjab are based on merit as well as entrance exams. For entrance-based admissions, one needs to qualify for any entrance exams like CAT, CMAT, MAT, etc followed by a GD/ PI round. Only a few MBA colleges in Punjab offer merit-based admissions based on 10+2 scores. Also, some MBA colleges in Punjab conduct their own Entrance exams like LPUNEST, NIPER JEE, FDDI AIST, etc.

Chitkara University

The university has been counted in the top two best colleges of Punjab offering an MBA. Chitkara University’s management department has topped several ranking lists. 

• The university was established in the year 2008 and the campus is located in Patiala, Punjab.
• The full-time MBA program at Chitkara University is for two years.
• The MBA program has 11 different specializations available: Marketing, Finance and Banking, Business Analytics, HRM, Financial Markets Practice with BSE, Healthcare Management with Fortis, Pharmaceutical Management, etc.
• The number of companies that visited: 150+ from 26 industries.
• Pre-placement offers: 50+ and International offers: 30+
• Major recruiters: Deloitte, Reliance, Nestle, ITC, Dabur, Airtel, Aditya Birla, Amul, Philips, HDFC Bank, Zomato, Trivago, Moody’s, Kellogg’s, etc.

Lovely Professional University

One of the biggest private universities in Punjab, Lovely Professional University has managed to secure ranks for the first time in several ranking agencies. It has been ranked among the top MBA colleges in Punjab.

• The university was established in 2005 by the Lovely International Trust and started classes officially in 2006.
• LPU’s full-time MBA program is two years long and of 6 terms.
• There are 10 specializations including general MBA and MBA honors. The specializations include MBA in Tourism and Hospitality, MBA in Financial Markets, MBA in Corporate Audit and Tax Management, MBA in International Business, MBA in Corporate Affairs, and Governance, etc.

Placement statistics for the recent placement drive at LPU are as follows:

• Total number of companies visiting the campus: 562
• Highest package: INR 28 LPA
• The highest stipend offered: INR 50,000
• Number of companies offering dream packages: 43
• Top recruiters: Cognizant 1894 offers, Tech Mahindra 429 offers, Capgemini 360 offers, Amazon 258 offers, etc.
• Other recruiters: Amazon, Air Vistara, Urban Pitara, Om Careers, Hamilton Land Developers Pvt.Ltd., Max Super Speciality Hospitals, Dr. Lal Path Lab, etc.

PCTE

PCTE Group of Institutes has an MBA degree that is highly ranked among all other top MBA colleges in Punjab. The university is over two decades old and has international students from over 42 countries.

• PCTE’s MBA program is two years long and has over 120 plus seats.
• There are two specializations for PCTE’s MBA program: MBA General and MBA International Business.
• Number of companies that visited campus: 130
• Number of companies offering salaries higher than INR 6 LPA: 19
• Top recruiters: Crisil, Capital First, Berger Paints, Goldman Sachs, ICICI Bank, Axis Bank, Federal Bank, Godrej, and Jaro Education.

Top MBA Colleges in Punjab: Entrance Exam Wise

Admission into all the top MBA colleges in Punjab is based on entrance exam scores, merit basis through quota, and also through group discussions and personal interviews. The entrance examinations accepted are CAT, MAT, CMAT, XAT, GMAT, etc.

Top MBA Colleges in Punjab Accepting CAT Score

The Common Admission Test (CAT) is one of the most common MBA entrance exams and is conducted every year by IIMs throughout the country. Check how to download CAT 2023 admit card

• The CAT 2023 exam is scheduled for Nov 26, 2023. Registration for CAT 2023 is closed by IIM Lucknow on Sep 21.
• CAT 2023 admit card is to be issued at iimcat.ac.in on Nov 7 for the 3.3 lakh registered candidates.

CAT Eligibility Criteria	CAT Syllabus
CAT 2023 Exam Pattern	CAT Cut off

The top MBA colleges in Punjab through CAT are:

• Lovely Professional University, Jalandhar
• Chitkara University, Patiala
• Punjab Institute of Management and Technology, Fatehgarh Sahib
• Dr. BR Ambedkar National Institute of Technology, Jalandhar
• DAV University, Jalandhar
• Chandigarh Group of Colleges, Mohali

Top MBA Colleges in Punjab Accepting CMAT Score

The Common Management Admission Test (CMAT) conducted by the NTA is a national-level exam for entrance to management programs. CMAT 2024 is to be conducted in 2 shifts in the first week of May 2024. CMAT 2024 registration is to begin in the second week of February 2024. The application window opens for a month on the official NTA CMAT website- cmat.nta.nic.in. Check CMAT Exam Registration Process and Fees

The top MBA colleges in Punjab accepting CMAT are mentioned below:

• Lovely Professional University, Jalandhar
• Chitkara University, Patiala
• Chandigarh Group of Colleges, Mohali
• Gian Jyoti Institute of Management and Technology, Mohali
• DAV Institute of Engineering and Technology, Jalandhar
• Guru Nanak Dev Engineering College, Ludhiana

Top MBA Colleges in Punjab accepting MAT

Top MBA Colleges in Punjab accepting XAT

Top MBA Colleges in Punjab: Placement Wise

Each college offering an MBA program holds a placement drive for its students. Placements are held during the second year for MBA students. All the top MBA colleges in Punjab had national and international recruiters.

• The average number of recruiters in all of the top institutes was around 150 to 200.
• The highest number of companies visited the Lovely Professional University placement drive, 562 companies.
• The average placement package was around INR 9 LPA.

The chart below depicts all the average placement packages received by the top MBA colleges in Punjab for the recent placement drives.

Top MBA Colleges in Punjab for Finance

Finance is an ever-growing sector and employs a majority of fresh MBA graduates in banks, financial services, stock markets, etc. Finance specialization is a popular MBA specialization in Punjab and around 72 colleges have it. Some of the top MBA Finance colleges in Punjab are:

• Lovely Professional University, Jalandhar
• Guru Nanak Dev University, Amritsar
• Chitkara University, Patiala
• Chandigarh Group of Colleges, Mohali
• School of Management Studies, Punjabi University, Patiala

Top MBA Colleges in Punjab for Marketing

Marketing is needed in all companies and it is a popular specialization for MBA aspirants. In Punjab, over 77 colleges have an MBA in Marketing specialization. Some of the colleges are:

• Indian School of Business, Mohali
• Guru Nanak Dev University, Amritsar
• Chandigarh Group of Colleges, Mohali
• Chitkara University, Patiala
• School of Management Studies, Punjabi University, Patiala

Also, check

• Top MBA Colleges in Punjab for HR
• Top MBA Colleges in Punjab for IT/ITES
• Top MBA Colleges in Punjab for Operations Management
• Top MBA Colleges in Punjab for Foreign Trade

Top MBA Colleges in Chandigarh	Top MBA Colleges in Gujarat
Top MBA Colleges in Himachal Pradesh	Top MBA Colleges in Haryana

Top MBA Colleges in Punjab: FAQs

Ques. Which is the best college for MBA in Punjab?

Ans. Chitkara University’s MBA program has been ranked first by many agencies closely followed by Lovely Professional University and PCTE.

Ques. What are the fees for MBA in Punjab?

Ans. MBA fees for any college in Punjab range from INR 18,725 to INR 2.63 Lacs.

Ques. Which MBA specialization is the best?

Ans. Currently, MBA in Business Analytics is in demand closely followed by Finance, Marketing, and HR.

Ques. Which college has the highest CTC in Punjab?

Ans. The highest CTC has been recorded from the University School of Business, Chandigarh University followed by Lovely Professional University.

Ques. Which entrance exam is required for MBA admission in Punjab?

Ans. Admission to most MBA colleges in Punjab is based on entrance exams like CAT, MAT, CMAT, XAT, GMAT, etc. Others admit students based on merit.

Ques. Is Lovely Professional University good for MBA?

Ans. Lovely Professional University has been ranked for the first time in several ranking lists and that too in high ranks.

Ques. What is the duration of a full-time MBA degree?

Ans. A full-time MBA degree is delivered over two years in 4 to 6 semesters in total.

Ques. Are there any distance education MBA Colleges in Punjab?

Ans. Three colleges offer an MBA course through the distance in Punjab and 1 one has a part-time MBA.

Ques. How many public colleges are there offering MBAs in Punjab?

Ans. There are 184 private MBA colleges and 30 colleges that are public that offer MBA in Punjab.

Ques. Is PCTE the best college for MBA in Punjab?

Ans. PCTE is one of the top three MBA colleges in Punjab after Chitkara University and Lovely Professional University.