Top MBA Colleges in Punjab include Lovely Professional University, Chandigarh University, LM Thapar School of Management, IIM Amritsar, Chitkara University, etc. Punjab has 281 MBA colleges including 178 private and 21 Government colleges. There are 194 full-time and 7 part-time MBA colleges in Punjab.
Every year, various ranking agencies like NIRF, Economic Times, Business Today, The Week, and many more releases the list of top engineering colleges. These rankings are based on different parameters like - Teaching, Learning & Resources, Graduation Outcomes, Facilities, and many more.
National Institutional Ranking Framework also known as NIRF is a methodology adopted by the Indian government to rank top Education institutions in India. NIRF ranks an Institute based on 5 different parameters. It is under the Ministry of Education. Every year NIRF publishes ranking lists of top Institutions in India for 8 different domains. NIRF is the most trustworthy and popular Ranking agency in India.
NIRF Ranking 2023 | College/ University Name | NIRF Score |
---|---|---|
32 | Lovely Professional University, Jalandhar | 56.44 |
36 | Chandigarh University, Mohali | 55.98 |
49 | Thapar Institute of Engineering and Technology (Deemed-to-be-university), Patiala | 51.67 |
51 | Indian Institute of Management, Amritsar | 51.3 |
64 | Chitkara University, Rajpura Punjab | 49.8 |
82 | Panjab University, Chandigarh | 46.05 |
NIRF ranks its colleges based on a set of parameters it has. It assigns scores for each parameter and a final total score. The following chart symbolizes how much each parameter weighs in the total score:
The Times is the largest-selling English-language daily newspaper in the world and the third-largest newspaper in India by circulation. Optimal Media Solutions - The Times has partnered with Avance India to conduct a ranking survey. Every year it publishes a list of Top Engineering colleges in India to help students to select the right college for them. The Times survey is based on different parameters to rank a college like Education Quality, Infrastructure, Placement, etc.
Chitkara Business School is one of the top private MBA colleges in India, per Times Ranking 2023. As per the placement report 2022, the highest and average package offered was INR 35 LPA and INR 8.5 LPA during Chitkara University MBA placement 2022.
Tabulated below are the Top MBA colleges in Punjab ranked by The Times Ranking 2023.
The Times Ranking 2023 | College Name |
---|---|
27 | Chitkara Business School, Rajpura |
42 | Apeejay Institute of Management and Engineering Technical Campus |
70 | Chandigarh Group of Colleges |
Return on Investment is defined as the returns one can expect from their jobs about the annual fees they paid for their MBA programs. Here we have an average annual fee and average placement package in LPA (Lacs per annum) to calculate ROI. The ROIs for some of the MBA colleges in Punjab are as follows:
College Name |
Average Annual Fees |
Average Placement Package |
ROI Rank* |
---|---|---|---|
University Business School, Panjab University |
INR 18,725 |
INR 9,00,000 |
1 |
PCTE |
INR 95,350 |
INR 8,00,000 |
2 |
University School of Business, Chandigarh University |
INR 1,86,000 |
INR 16,00,000 |
3 |
Lovely Professional University |
INR 2,32,000 |
INR 14,00,000 |
4 |
Apeejay Institute of Management, Technical Campus, Jalandhar |
INR 80,750 |
INR 3,20,000 |
5 |
Chitkara University |
INR 2,63,000 |
INR 6,50,000 |
6 |
*Return on Investment = {(Average Placement Package)/(Average Annual Fee)}*100%
ROI wise University Business School, Panjab University is the best in Punjab with an average annual fee of INR 18,725 and an average placement package of INR 9 Lacs.
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.
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.
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.
Placement statistics for the recent placement drive at LPU are as follows:
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.
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.
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 top MBA colleges in Punjab through CAT are:
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:
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 chart below depicts all the average placement packages received by the top MBA colleges in Punjab for the recent placement drives.
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:
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:
Also, check
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.
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Lovely Professional University - [LPU], Jalandhar Jalandhar, Punjab | ₹ 4,80,000MBA/PGDM- 1st Year FeesCompare Fees | ₹ 3,00,00,000Highest PackageCompare Placement | 7.9 / 10 Based on 377 User ReviewsBest in Infrastructure | #83th/284 in India 2019 + 5 More | |
University School of Business, Chandigarh University - [USB], Chandigarh Chandigarh, Chandigarh | ₹ 2,17,000MBA/PGDM- 1st Year Fees | -- | -- | #56th/182 in India 2022 | |
Chitkara University, Chitkara Business School - [CBS], Patiala Patiala, Punjab | ₹ 6,40,000MBA/PGDM- total fees | -- | 8 / 10 Based on 1 User Reviews | #77th/272 in India 2023 | |
PCTE Group of Institutes, Ludhiana Ludhiana, Punjab | ₹ 97,350MBA/PGDM- 1st Year Fees | -- | -- | #64th/182 in India 2022 |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
₹ 96,500MBA/PGDM- 1st Year Fees | -- | 9.3 / 10 Based on 2 User Reviews | #162th/272 in India 2023 | ||
Baba Farid College of Management and Technology - [BFCMT], Bathinda Bathinda, Punjab | ₹ 1,08,700MBA/PGDM- 1st Year Fees | -- | #265th/281 in India 2022 | ||
Chitkara University - [CU], Patiala Patiala, Punjab | ₹ 3,10,000MBA/PGDM- 1st Year Fees | -- | 7.9 / 10 Based on 35 User Reviews | #64th/125 in India 2023 | |
IIM Amritsar - Indian Institute of Management, Amritsar Amritsar, Punjab | ₹ 8,65,000MBA/PGDM- 1st Year Fees | -- | 8 / 10 Based on 2 User Reviews | #34th/272 in India 2023 |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
RIMT University, Gobindgarh Gobindgarh, Punjab | ₹ 1,02,000MBA/PGDM- 1st Year Fees | -- | 8.4 / 10 Based on 2 User Reviews | -- | |
Guru Kashi University, Bathinda Bathinda, Punjab | ₹ 62,580MBA/PGDM- 1st Year Fees | -- | -- | -- | |
Rayat Bahra University, Mohali Mohali, Punjab | ₹ 1,50,000MBA/PGDM- 1st Year Fees | -- | 7.9 / 10 Based on 4 User Reviews | #83th/200 in India 2023 | |
DAV University, Jalandhar Jalandhar, Punjab | ₹ 1,45,000MBA/PGDM- 1st Year Fees | -- | 9.2 / 10 Based on 5 User Reviews | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
GNA University, Phagwara Phagwara, Punjab | ₹ 1,67,400MBA/PGDM- 1st Year FeesCompare Fees | ₹ 3,50,000Average Package₹ 26,00,000Highest PackageCompare Placement | #189th/281 in India 2022 | ||
Adesh University, Bathinda Bathinda, Punjab | ₹ 1,37,500MBA/PGDM- 1st Year Fees | -- | -- | ||
Indian School of Business - [ISB], Mohali Mohali, Punjab | --MBA/PGDM | -- | -- | ||
Sant Baba Bhag Singh University - [SBBSU], Jalandhar Jalandhar, Punjab | ₹ 1,03,300MBA/PGDM- 1st Year Fees | -- | -- | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
CT University - [CTU], Ludhiana Ludhiana, Punjab | ₹ 1,54,700MBA/PGDM- 1st Year Fees | -- | 8.7 / 10 Based on 7 User Reviews | #48th/100 in India 2024 | |
Sri Guru Granth Sahib World University - [SGGSWU], Fatehgarh Sahib Fatehgarh Sahib, Punjab | ₹ 1,04,000MBA/PGDM- 1st Year Fees | -- | -- | -- | |
LM Thapar School of Management - [LMTSM], Chandigarh Chandigarh, Chandigarh | ₹ 5,22,200MBA/PGDM- 1st Year Fees | -- | -- | #173th/608 in India 2023 | |
₹ 90,549MBA/PGDM- 1st Year Fees | -- | 8.4 / 10 Based on 2 User ReviewsBest in Infrastructure | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Punjab College of Technical Education - [PCTE], Ludhiana Ludhiana, Punjab | ₹ 96,650MBA/PGDM- 1st Year Fees | ₹ 6,00,000Average Package₹ 15,00,000Highest Package | 8 / 10 Based on 3 User Reviews | #97th/272 in India 2023 | |
UEI Global, Ludhiana Ludhiana, Punjab | --MBA/PGDM | ₹ 6,90,000Average Package₹ 10,80,000Highest Package | -- | ||
Synetic Business School - [SBS], Ludhiana Ludhiana, Punjab | ₹ 90,000MBA/PGDM- 1st Year Fees | -- | -- | -- | |
Cordia Business School - [CBS], Fatehgarh Sahib Fatehgarh Sahib, Punjab | ₹ 85,000MBA/PGDM- 1st Year Fees | ₹ 1,20,000Average Package₹ 2,40,000Highest Package | -- | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Rayat-Bahra Institute of Management - [RBIMH], Hoshiarpur Hoshiarpur, Punjab | ₹ 80,750MBA/PGDM- 1st Year Fees | ₹ 2,50,000Average Package₹ 4,50,000Highest Package | -- | ||
Amity Global Business School - [AGBS], Chandigarh Chandigarh, Chandigarh | ₹ 6,10,000MBA/PGDM- total fees | ₹ 15,20,000Highest Package | -- | ||
Centre for Management Training and Research - [CMTR], Mohali Mohali, Punjab | ₹ 95,500MBA/PGDM- 1st Year Fees | -- | -- | -- |