Top MBA Colleges in Lucknow Based on 2024 Ranking

The best MBA colleges in Lucknow include IIM Lucknow, Jaipuria Institute of Management, Babasaheb Bhimrao Ambedkar University, and SRMS IBS Lucknow. There are 89 MBA colleges in Lucknow including 73 private and 16 public MBA colleges. Most of the MBA colleges in Lucknow are affiliated with AKTU Lucknow.

  • IIM Lucknow and BBAU Lucknow are the best MBA colleges in Lucknow. They are ranked 6th and 78th, per NIRF Ranking 2023.
  • Sherwood College of Management and SRMU Lucknow is ranked among the top 10 MBA colleges in Lucknow.
  • Most of the best MBA colleges in Lucknow offer admission through CAT, and UPSEE MBA scores, followed by GD/PI. Only a few colleges offer direct admission. 
  • Some of the best MBA colleges in Lucknow for MBA HRM and MBA Finance are the Jaipuria Institute of Management and IIM Lucknow.
  • MBA fees at the best MBA colleges in Lucknow range between INR 70,000 to INR 10,05,000 annually. AIMT Lucknow is one of the best MBA colleges in Lucknow with fees of less than INR 90,000
  • The top private MBA colleges in Lucknow include the Jaipuria Institute of Management, SMS Lucknow, and Sherwood College of Management.
  • The top MBA colleges in Lucknow offer high and lucrative packages. The average CTC offered to students ranges between INR 5 LPA to INR 21 LPA.

Check:

Top 10 MBA Colleges in Lucknow

Lucknow is home to 110 Management colleges out of which around 89 recognized colleges offer MBA courses. Tabulated below are the top 10 MBA colleges in Lucknow with fees structure:

Top MBA Colleges in Lucknow: Rankings

Various ranking agencies like the Economic times, NIRF, The Week, etc., rank the top colleges based on different parameters like the quality of education, research work, graduation outcome, and placements.

These ranking lists are released based on different categories like city, state, stream, etc. Some examples of such lists are Top MBA Colleges in Bangalore, Top MBA Colleges in India, etc. Listed below are some of these ranking lists.

Top MBA Colleges in Lucknow: NIRF Ranking 2023

National Institutional Ranking Framework popularly known as NIRF is a government-adopted Ranking method that ranks the best educational institutions. NIRF ranks the institutions of 8 different domains like Engineering, Medical, etc. including Management. NIRF ranking is considered the most trusted Ranking. Following are the details of the top MBA colleges in Lucknow ranked by NIRF Ranking.

  • According to NIRF Ranking 2023, IIM Lucknow is the best MBA college in Lucknow. It is ranked at 6th place among the top MBA colleges in India.
  • Babasaheb Bhimrao Ambedkar University (BBAU) Lucknow has shown good improvement in its ranking. It jumped from 87th place to 78th with a NIRF score of 46.61.
  • However, the Jaipuria Institute of Management has recorded a downfall in its ranking. Last year it was ranked at 78th place and it dropped to 92nd position this year.

Check out the table below which enlists the top MBA colleges in Lucknow according to the latest NIRF Ranking 2023 with their NIRF score:

NIRF Ranking 2023 College/ University Name NIRF Score
6 Indian Institute of Management - IIM Lucknow  74.11
78 Babasaheb Bhimrao Ambedkar University, Lucknow  46.61
92 Jaipuria Institute of Management, Lucknow  44.22

Top MBA Colleges in Lucknow: Business Today Ranking 2023

Business Today and Marketing & Development Research Associates (MDRA) have jointly prepared the country’s most scientific and methodical ranking of the best B-schools Survey 2023. Based on the most recent data, the ranking provides the most credible and exhaustive rankings of India’s Best B-schools.

Business Today MBA rankings Parameters Collegedunia

Below is the list of top MBA colleges in Lucknow, per Business Today ranking for the year 2023.

Business Today Ranking 2023 College/University Name
4 IIM Lucknow
67 Jaipuria Institute of Management
111 Shri Ram Murti Smarak International Business School, (SRMS IBS)
197 Amity University

Also Read,

MBA Colleges in Lucknow with Fees

The best MBA colleges in Lucknow offer MBA courses that cost between INR 70,000 to INR 10,05,000 annually which is comparatively less than many top MBA colleges in India. Below is a list of top-ranked and best MBA colleges in Lucknow with fees.

College Name  Average Fees (INR) 
Institute of Environment & Management - [IEM], Lucknow 1,31,800
Babasaheb Bhimrao Ambedkar University, School for Management, Lucknow  1,80,000
RKG Education College, Lucknow  8,000
City Group of Colleges - [CGC], Lucknow  1,20,000
R. R. Group of Institutions, Lucknow 1,53,900
University of Lucknow - [LU], Lucknow  3,24,320
Institute of Management Research and Technology - [IMRT], Lucknow  2,40,000
Bhartiya Shiksha Parishad - [BSP], Lucknow  11,000
Shri Ramswaroop Memorial University - [SRMU], Lucknow  2,85,000
Lal Bahadur Shastri Institute of Management and Development Studies, Lucknow 1,57,300

Top MBA Colleges in Lucknow: ROI (Return on Investment)

When choosing a college, particularly for medical or MBA courses, Return on Investment (ROI) is a crucial factor to consider. ROI enables students to evaluate the profitability of a college for their chosen course and determine how long it will take to recover their investment in terms of fees. It also helps students to assess the level of placement they can expect from the college. Since the fees for top MBA colleges are usually high, it has a direct impact on the college's ROI.

The ROI calculation is done by taking the ratio of the average placement package to the average annual fees of the Institute. The top MBA colleges in Lucknow offer high placement packages, resulting in a higher ROI. The table below lists the best MBA colleges in Lucknow that offer a high return on investment.

College Name Average Annual Fees Average Placement Package ROI Rank*
MUIT Lucknow  INR 80,000 INR 4.16 LPA 1
SRMS IBS Lucknow INR 1,45,000 INR 5.50 LPA 2
IIM Lucknow  INR 10,95,000 INR 31.03 LPA 3
Jaipuria Institute Of Management Lucknow INR 5,75,000 INR 11.39 LPA 4
BBDU SOM Lucknow  INR 1,25,000 INR 1.80 LPA 5

*ROI Percentage={(Average Placement Package)/(Average Annual Fees)}*100%

Top MBA Colleges in Lucknow: Cutoff

The table below shows some of the top MBA colleges in Lucknow with their cutoffs. Click on the provided links and check all the details of cutoff scores of different management exams accepted by these colleges.

College Name  Cutoff Details
Indian Institute of Management, Lucknow Check IIM Lucknow Cutoff
Jaipuria Institute of Management, Lucknow Check JIM Cutoff
Amity University, Lucknow Check Amity University Cutoff
Shri Ram Murti Smarak International Business School, Lucknow  Check SRMS IBS Cutoff
Lal Bahadur Shastri Institute of Management and Development Studies, Lucknow Check LBSIMDS Cutoff
Ambalika Institute of Management and Technology, Lucknow Check AIMT Cutoff
Azad Institute Of Engineering And Technology - [AIET], Lucknow Check AIET Cutoff
School Of Management Sciences - [SMS],  Lucknow Check SMS Cutoff
Narvadeshwar Management College - [NMC], Lucknow Check NMC Cutoff
R. R. Group of Institutions, Lucknow Check RRGI Cutoff

Top MBA Colleges in Lucknow: Admission Process

Lucknow also known as "The City of Nawabs" houses around 89 MBA colleges in Lucknow amongst them 73 are private and 16 are government MBA colleges in Lucknow. The best MBA colleges in Lucknow offer Regular MBAs as well as Distance MBAs.

Admissions into MBA colleges in Lucknow are granted on a Merit-based and Entrance basis. Most of the best MBA colleges in Lucknow admit students based on Management Entrance exam scores like CAT, XAT, CMAT, XAT, etc. followed by a GD/ PI round. Also, some MBA colleges in Lucknow offer admission through State or University level entrance exams like UPSEE MBA, SNAP, and UPCET. Only a few best MBA colleges in Lucknow offer direct admissions.

Indian Institute of Management (IIM), Lucknow

IIIM Lucknow PGPWE & EFPM Admission is ongoing and the last date to apply is November 20, 2023. IIM Lucknow is inviting applications for IPMX Program and the last date to apply is December 31, 2023CAT 2023 Admit Card will be released on November 7, 2023 and the exam is scheduled for November 26, 2023.

Check IIM Lucknow Admission Criteria

IIM Lucknow Placements Report

The following infographic illustrates some of the important facts on IIM Lucknow Placements.

  • IIM Lucknow also offers Summer Internship opportunities with an average stipend of INR 1.3 LPA to INR 3.4 LPA and is ranked 4th by BT-MDRA Best B-School Survey under the category of the Placement Experience.
  • Most of the students get placed in the consulting, finance, IT, and Marketing sectors. Microsoft, Myntra, Winzo Games, and Vodafone - Idea are some of the top recruiters participating in IIM Lucknow placements.
IIM Lucknow Placements Report 2022

Jaipuria Institute of Management, Lucknow

JIM Lucknow PGDM admission 2024-26 is open. Interested candidates can apply through the official website of the institute. CAT 2023 Admit Card will be released on November 7, 2023 and the exam is scheduled for November 26, 2023XAT 2024 registration has begun, and the last date to apply is November 30, 2023, and the exam is scheduled for January 7, 2024MAT 2023 PBT exam is scheduled for December 9, 2023MAT 2023 CBT is scheduled for December 3 and 16MAT 2023 IBT exam is scheduled on December 6, 9, and 17

Apply Here for the Jaipuria Institute of Management Admission

Jaipuria Institute of Management Lucknow Placements Reports

The following table represents the Jaipuria Institute of Management placements report.

Particular  Placement Statistics (2019-21) Placement Statistics (2020-22)
No. of recruiters participated 350 375+
No. of new recruiters 51 -
No. of students placed - 170+
No. of PPOs offered - 16
Highest International CTC - INR 27 LPA
Highest Domestic CTC - INR 19.10 LPA
Average CTC - INR 10.10 LPA

Jaipuria Institute of Management Lucknow Placements Reports Sectors Wise

The following infographic highlights the placement drive Reports (Sectors Wise) of Jaipuria Institute of Management Lucknow:

Jaipuria Institute of Management Lucknow Placement sector-wise

SRMS International Business School [SRMS IBS], Lucknow

SRMS International Business School was established in 1996 by Shri Ram Murti Smarak (SRMS) Trust.

  • It offers a 2-year Post-Graduate Diploma in Management (PGDM) in Banking, Marketing, Finance, International Business, Human Resource Management, and Information Technology.
  • PGDM students also get 15 industry-linked certifications.
  • To provide relevant global and corporate exposure, the entire batch gets an industrial visit to Dubai and Mumbai. 
  • The institute provides world-class infrastructure including Air-conditioned  Hostels, and an exclusive Green WiFi Campus spread over 16 acres at Lucknow-Kanpur Highway.

The institute offers 100% pre-placements by more than 100 domestic and international recruiters.

  • The minimum package offered is INR 4 lakh, the average package is INR 5.5 Lakh and the maximum package is INR 16 lakh.
  • Some of the top recruiters are Amazon, Axis Bank, Oppo, Yes Bank, Nestle, HP, and PepsiCo.

Top MBA Colleges in Lucknow: Entrance Exam Wise

As mentioned earlier the best MBA colleges in Lucknow admit students solely based on the scores of the entrance exam followed by a GD/ PI round. CAT, CMAT, and UPSEE are the most popular MBA entrance exams in Lucknow. Some MBA colleges in Lucknow also accept ATMA, MAT, and SNAP scores. However, only a few top MBA colleges in Lucknow offer direct admission. 

Different MBA colleges in Lucknow accept different entrance exams for admission. The table below provides details of the number of MBA colleges accepting different scores:

 
Top MBA Colleges in Lucknow Entrance Exam Wise

Top MBA Colleges in Lucknow 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.

Below is the list of the top MBA colleges in Lucknow accepting CAT scores

  • Indian Institute of Management Lucknow
  • Jaipuria Institute of Management
  • Integral University, Lucknow
  • Shri Ram Murti Smarak International Business School, Lucknow
  • Babu Banarasi Das University - [BBDU], Lucknow

MBA Colleges in Lucknow without CAT

The best MBA colleges in Lucknow also accept state-level or National-level entrance exams such as CMAT or UPSEE for MBA admissions. The following table lists the best MBA colleges in India without CAT:

College Name  Average Annual Fees 
Sherwood College of Management - [SCM],  Lucknow 1,19,150
Jaipuria Institute of Management, Lucknow 5,50,000
Shri Ram Murti Smarak International Business School - [SRMS IBS], Lucknow 2,90,000 (Total Fees) 
SRM Business School - [SRMBS], Lucknow NA
Indira Gandhi Institute of Cooperative Management - [IGICM], Lucknow 66,500
School Of Management Sciences - [SMS],  Lucknow 70,380
R.R. Group of Institutions - [RRGI], Lucknow 79,700
Ambalika Institute of Management and Technology - [AIMT], Lucknow 89,749
Rameshwaram Institute of Technology and Management, Lucknow  70,000
Lal Bahadur Shastri Institute of Management and Development Studies - [LBSIMDS], Lucknow 80,400

Top MBA Colleges in Lucknow 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 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

Some of the top MBA colleges in Lucknow accepting CMAT scores are:

  • Jaipuria Institute of Management, Lucknow
  • Babu Banarasi Das University, Lucknow
  • School of Management Sciences, Lucknow
  • Shri Ram Murti Smarak International Business School, Lucknow
  • IILM Academy of Higher Learning, Lucknow
  • Ambalika Institute of Management and Technology, Lucknow
  • International Institute for Special Education, Lucknow

Also Check:

Top MBA Colleges in Lucknow: Placement Wise

Placement is the most important factor students look for while choosing the right college for them. Lucknow is the capital city of Uttar Pradesh and houses numerous top-notch popular companies that participate in placement drives of the best MBA colleges in Lucknow. Every year, these companies make several lucrative offers to students in the best MBA colleges in Lucknow. 

The best MBA colleges in Lucknow are renowned for high placement records. The following chart shows the average placement package of top MBA colleges in Lucknow

.

Top MBA Colleges in Lucknow Placement Wise

Source: Official Institute Websites

The placement package also depends a lot upon the stream you choose. Click below to check the top MBA colleges in Lucknow stream-wise.

Top MBA Colleges in Lucknow for Finance

Tabulated below is the list of the Top MBA colleges in Lucknow for Finance along with their MBA/PGDM seat intake.

College Name MBA/PGDM Seats 2023 
Jaipuria Institute of Management,  Lucknow 300
Shri Ram Murti Smarak International Business School - [SRMS IBS], Lucknow 120
Ambalika Institute of Management and Technology - [AIMT], Lucknow 60
Shri Ramswaroop Memorial University - [SRMU], Lucknow -
Goel Group of Institutions, Lucknow 150
Maharishi University of Information Technology - [MUIT], Lucknow -
Rameshwaram Institute of Technology and Management - [RITM], Lucknow 180
Sherwood College of Management - [SCM], Lucknow 120
School Of Management Sciences - [SMS],  Lucknow 90
International College of Financial Planning - [ICOFP], Lucknow -

Top MBA Colleges in Lucknow Marketing

Tabulated below is the list of the top MBA colleges in Lucknow for Marketing along with their average annual fee structure.

College Name Average Fees (INR) 
Shri Ram Murti Smarak International Business School - [SRMS IBS], Lucknow 2,90,000 
Integral University, Lucknow 2,50,000
Ambalika Institute of Management and Technology - [AIMT], Lucknow 1,79,498
Shri Ramswaroop Memorial University - [SRMU], Lucknow 2,85,000
Goel Group of Institutions, Lucknow 1,57,178
Maharishi University of Information Technology - [MUIT], Lucknow 1,60,000
Rameshwaram Institute of Technology and Management - [RITM], Lucknow 1,40,000
Sherwood College of Management - [SCM],  Lucknow 2,04,400
School Of Management Sciences - [SMS],  Lucknow 1,40,760
Institute of Co-operative and Corporate Management Research & Training - [ICCMRT], Lucknow 2,04,770

Top MBA Colleges in Lucknow for HR

Tabulated below is the list of the top MBA colleges in Lucknow for HR along with their average annual fee structure.

College Name Average Fees (INR) 
Goel Group of Institutions, Lucknow 1,57,178
Maharishi University of Information Technology - [MUIT], Lucknow 1,60,000
Sherwood College of Management - [SCM], Lucknow 2,04,400
Rameshwaram Institute of Technology and Management - [RITM], Lucknow 1,40,000
School Of Management Sciences - [SMS], Lucknow 1,40,760
Shri Ram Murti Smarak International Business School - [SRMS IBS], Lucknow 2,90,000 
Shri Ramswaroop Memorial University - [SRMU], Lucknow 2,85,000
Institute of Co-operative and Corporate Management Research & Training - [ICCMRT], Lucknow 2,04,770
Institute of Productivity and Management - [IPM], Lucknow 3,10,000
Narvadeshwar Management College - [NMC], Lucknow 1,13,300

Also, Check,

Top MBA Colleges in Lucknow: FAQs

Ques. Which government college is best for MBA in Lucknow?

Ans. Indian Institute of Management - [IIML] Lucknow, IIIT Lucknow, the University of Lucknow, Institute of Management Sciences are some of the government colleges that are best for an MBA in Lucknow. 

Ques. What is the estimated fee for MBA in Lucknow?

Ans. The average fees for pursuing MBA courses with any specialization in the top-ranked and best MBA colleges in Lucknow can range anywhere between INR 70,000 - 10.05 Lakhs per year depending upon the college.

Ques. Which are the best MBA Finance colleges in Lucknow?

Ans. Some of the best MBA Finance colleges in Lucknow are IIM Lucknow, Jaipuria Institute of Management Lucknow, SMS Lucknow, Shri Ram Murti Smarak International Business School, and Sherwood College Of Management Lucknow. 

Ques. Which are the top private MBA colleges in Lucknow with low fees?

Ans. R.R Group of Institutions Lucknow, Rameshwaram Institute of Management, Ambalika Institute of Management and Technology, and Sherwood College Of Management Lucknow are some of the top private MBA colleges in Lucknow with low fees.

Ques. Which are the best MBA colleges in Lucknow without CAT?

Ans. There are some top-ranked and best MBA colleges in Lucknow that offer admission through XAT, CMAT, and UPSEE MBA scores and Personal interviews. SMS Lucknow, AIMT Lucknow, and Jaipuria Institute of Management are the best MBA colleges in Lucknow without CAT.

Ques. Which are the best MBA colleges in Lucknow placement-wise?

Ans. IIM Lucknow and Jaipuria Institute of Management are some of the best MBA colleges in Lucknow in terms of placements. These colleges offer the highest placement 

Ques. Which are the different specializations offered by MBA Colleges in Lucknow?

Ans. The best MBA colleges in Lucknow offer MBA courses with multiple specializations. MBA in Finance, MBA in Marketing, and MBA in Human Resources Management are some of the most popular specializations offered by the best MBA Colleges in Lucknow.

Ques. What is the admission process at IIM Lucknow?

Ans. Admissions into the Indian Institute of Management - [IIML], Lucknow is solely based on entrance basis. Students seeking admission into IIM Lucknow are required to qualify for any entrance exam (GMAT/ GRE/ CAT/ XAT) and face Group discussions or personal interview rounds. 

Ques. Which are the best MBA colleges in Lucknow?

Ans. Some of the top-ranked and best MBA colleges in Lucknow are Moti Lal Rastogi School of Management, IIM Lucknow, Jaipuria Institute of Management, Integral University, etc. 

Ques. Which are the top-ranked and best MBA colleges in Uttar Pradesh? 

Ans. The top-ranked and best MBA colleges in Uttar Pradesh include IIM Lucknow, Industrial and Management Engineering, IME IIT Kanpur, MIMT Noida, Amity Global Business School, and Institute of Management Technology - IMT Ghaziabad.

Type Of College
Avg Fee Per Year
Course Type
Course Duration
College Category
Gender Accepted
Found 96 colleges
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CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa2

Indian Institute of Management IIML, Lucknow

Lucknow, Uttar Pradesh 
10,95,000MBA/PGDM- 1st Year FeesCompare Fees₹ 32,23,000Average Package₹ 1,00,00,000Highest PackageCompare Placement
9.2 / 10
Based on 35 User
Reviews
Best in Academics
#4th/272 in India 2023
Aa6

Jaipuria Institute of Management, Lucknow

Lucknow, Uttar Pradesh 
5,75,000MBA/PGDM- 1st Year FeesCompare Fees₹ 12,34,000Average Package₹ 22,00,000Highest PackageCompare Placement
10 / 10
Based on 1 User
Reviews
Best in Faculty
#67th/272 in India 2023
Ba2
2,90,000MBA/PGDM- total fees₹ 5,50,000Average Package₹ 16,00,000Highest Package#111th/272 in India 2023
80,400MBA/PGDM- 1st Year Fees----
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Integral University, Lucknow

Lucknow, Uttar Pradesh 
1,25,000MBA/PGDM- 1st Year FeesCompare Fees₹ 3,31,000Average Package₹ 13,35,000Highest PackageCompare Placement
8.7 / 10
Based on 31 User
Reviews
Best in Infrastructure
#167th/182 in India 2022
1,25,000MBA/PGDM- 1st Year FeesCompare Fees₹ 44,15,000Highest PackageCompare Placement
3.9 / 10
Based on 70 User
Reviews
Best in Infrastructure
--
1,45,000MBA/PGDM- 1st Year FeesCompare Fees₹ 14,00,000Highest PackageCompare Placement
8.2 / 10
Based on 20 User
Reviews
Best in Faculty
--
80,000MBA/PGDM- 1st Year Fees----
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
1,12,200MBA/PGDM- 1st Year Fees₹ 5,50,000Highest Package--
70,380MBA/PGDM- 1st Year FeesCompare Fees₹ 4,00,000Average Package₹ 10,00,000Highest PackageCompare Placement
8 / 10
Based on 18 User
Reviews
Best in Infrastructure
--
3,59,500MBA/PGDM- 1st Year Fees------
64,885MBA/PGDM- 1st Year Fees₹ 4,00,000Average Package₹ 8,50,000Highest Package--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM------
66,500MBA/PGDM- 1st Year Fees----
63,400MBA/PGDM- 1st Year Fees----
--MBA/PGDM------
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
1,60,000MBA/PGDM- 1st Year Fees₹ 2,80,000Average Package----
65,900MBA/PGDM- 1st Year Fees₹ 4,00,000Highest Package----
81,150MBA/PGDM- 1st Year Fees------
70,000MBA/PGDM- 1st Year Fees₹ 3,00,000Average Package₹ 5,00,000Highest Package
7 / 10
Based on 2 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
78,589MBA/PGDM- 1st Year Fees------

AKS Management College, Lucknow

Lucknow, Uttar Pradesh 
64,700MBA/PGDM- 1st Year Fees------
1,04,000MBA/PGDM- total fees------
1,00,000MBA/PGDM- 1st Year Fees₹ 6,16,000Average Package₹ 25,00,000Highest Package--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba2
90,000MBA/PGDM- 1st Year Fees--
8.1 / 10
Based on 8 User
Reviews
Best in Infrastructure
#78th/125 in India 2023