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Top MBA/PGDM Colleges in Lucknow Based on 2023 Ranking

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| Updated On - Dec 31, 2022

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 Jaipuria Institute of Management Lucknow are ranked 6 and 78 respectively by NIRF rankings 2022.
  • 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 - 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 - 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:

College Name  Average Fees (INR)
Jaipuria Institute of Management, Lucknow 11,00,000
Indian Institute of Management, Lucknow 11,40,000
Shri Ram Murti Smarak International Business School, Lucknow  2,90,000 (Total Fees) 
Babasaheb Bhimrao Ambedkar University, Lucknow 5,50,000
Ambalika Institute of Management and Technology, Lucknow 2,12,000
Amity University, Lucknow 8,79,000
Isabella Thoburn Degree College, Lucknow 1,19,000
Integral University - IUL, Lucknow 3,60,000
R. R. Group of Institutions, Lucknow 1,53,000
Lal Bahadur Shastri Institute of Management and Development Studies, Lucknow 1,57,000

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 the 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 2022

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 2022.

  • NIRF Ranking 2022 releases a list of 125 top Management colleges in India. IIM Ahmedabad is the no. 1 and best MBA college in India.
  • From Lucknow, only 3 MBA colleges managed to secure a position in the top MBA colleges in India list released by NIRF ranking 2022.
  • IIM Lucknow is the best MBA college in Lucknow and is ranked 6th position among the top MBA colleges in India.
  • Jaipuria Institute of Management, Lucknow is one of the best private MBA colleges in Lucknow and secured 78th place in the top MBA colleges in India.

The following table lists the top MBA colleges in Lucknow which are ranked among the top Management colleges in India by NIRF:

NIRF Ranking 2022 College Name NIRF Score
6 Indian Institute of Management, Lucknow 74.55
78 Jaipuria Institute of Management, Lucknow 44.88
87 Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow 43.97

Top MBA Colleges in Lucknow: The Times Ranking 2022

The Times, one of the most widespread and famous English newspapers in India is also responsible for conducting surveys to rank the best Education institutions in India. The Times ranks the colleges based on different parameters including Education quality, facilities, infrastructure, faculties, placements, etc. The details of The Times Ranking 2022 for the top MBA colleges in Lucknow are as follows.

  • Recently, The Times released a Ranking list of the top MBA colleges in India and included 2 MBA colleges from Lucknow in the list.
  • Shri Ram Murti Smarak International Business School, (SRMS IBS) and Ambalika Institute of Management and Technology are the 2 top MBA colleges in Lucknow ranked by The Times Ranking 2022.
  • SRMA IBS is ranked 56th while Ambalika Institute of Management and Technology is ranked at 150th place among the best MBA colleges in India as per The Times Ranking 2022.

Tabulated below is the list of Top MBA colleges in India 2021 as per The Times 2021 ranking.

The Times 2022 Ranking College Name 
56 Shri Ram Murti Smarak International Business School, (SRMS IBS), Lucknow 
150 Ambalika Institute of Management and Technology, Lucknow 

Also Read,

MBA Colleges in Lucknow with Fees

The best MBA colleges in Lucknow offer MBA courses that cost between INR 70,000 - 10.05 Lakhs 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 Annual Fees 
Integral University, Lucknow INR 1,25,000
Babu Banarasi Das University - [BBDU],  Lucknow INR 1,25,000
Shri Ramswaroop Memorial University - [SRMU], Lucknow INR 1,45,000
Maharishi University of Information Technology - [MUIT], Lucknow INR 80,000
Sherwood College of Management - [SCM],  Lucknow INR 1,19,150
Ambalika Institute of Management and Technology - [AIMT], Lucknow INR 89,749
School Of Management Sciences - [SMS],  Lucknow INR 70,380
Institute of Co-operative and Corporate Management Research & Training - [ICCMRT], Lucknow INR 1,13,885
International College of Financial Planning - [ICOFP], Lucknow INR 3,59,500
Indira Gandhi Institute of Cooperative Management - [IGICM], Lucknow INR 66,500

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

Return on Investment (ROI) is one of the most critical factors for selecting a good college, especially in the case of Medical and MBA colleges. ROI helps students to calculate how profitable a college can be for pursuing a specific course and how long it takes to recover invested money in terms of fees. ROI also helps students to check how much placement they can expect from that college. As the fees in top MBA colleges are quite high it directly affects the ROI of the college.

ROI can be calculated by taking the ratio between the average placement package to the average annual fees of the Institute. The top MBA colleges in Lucknow offer good and high placement packages which result in high ROI. The table below lists the top MBA colleges in Lucknow offering high ROI (Return on Investment):

College Name Average Annual Fees Average Placement Package ROI Rank*
IIIT Lucknow  INR 1,51,000 INR 25.86 LPA 1
IIM Lucknow  INR 10,05,000 INR 31.03 LPA 2
Sherwood College Of Management - [SCM], Lucknow INR 1,19,000 INR 5.50 LPA 3
Lucknow University  INR 1,62,160 INR 5.00 LPA 4
Jaipuria Institute Of Management, Lucknow  INR 5,50,000 INR 10.10 LPA 5

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

  • IIIT Lucknow - Indian Institute of Information Technology is offering the highest ROI, the average CTC recorded at IIIT Lucknow is INR 25.86 LPA.
  • IIM Lucknow ranks in 2nd place in terms of ROI followed by Sherwood College Of Management in 3rd place.
  • Lucknow University offers a quite good placement package with low course fees and is placed in 4th place for high ROI.
  • Jaipuria Institute of Management is among the best private MBA colleges in Lucknow, offering a high ROI with an approximately 200% ROI rate.

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

IIM Lucknow MBA, PGP-ABM, and PGP-SM Admission Process 2022 have started. The college released the shortlist on January 19, 2022. Candidates are initially shortlisted based on CAT 2021 (60% weightage) and Candidate's Profiles (40% weightage). For the final shortlist, CAT weightage has been reduced to 30%. The sectional Cutoffs have also been reduced to 85 percentile for PGP and 80 percentile for PGP-ABM & PGP-SM. The final selection also considers parameters such as Academic Profile, Work Experience, and Diversity Factors. IIM Lucknow Final MBA Merit List is expected to be out in April 2022 Check IIM Lucknow Admission Criteria

IIM Lucknow Placements Report 2022

The following infographic illustrates some of the important facts on IIM Lucknow Placements 2022.

  • IIM Lucknow also offers Summer Internship opportunities with an average stipend of INR 1.3 - 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

Jaipuria Institute of Management Lucknow Admissions 2022 is open now for the session 2022-24. For admissions, candidates are selected based on CAT/ XAT/ MAT/ CMAT/ GMAT scores followed by Personal Interviews. The registration process for the same is ongoing now and the last date is not disclosed yet. The registration for CAT 2022 will start on Aug 3, 2022 - Sep 23, 2022, and the CAT 2022 Exam is scheduled to be held on Nov 27, 2022.

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 for 2022:

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 2022 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

Common Admission Test (CAT) is a computer-based exam for admission in colleges all over India offering post-graduation in management. The test has 3 sections, Verbal Ability and Reading Comprehension (VARC), Data Interpretation & Logical Reasoning (DI&LR), and Quantitative Ability (QA).

  • Every year more than 2 Lakh students apply for CAT in India.
  • It is organized by one of the 20 IIMs of India. In 2021, CAT will be organized by IIM Indore.
  • Only one in every ten students scores 90 percentile.

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

  • Indian Institute of Management Lucknow
  • Jaipuria Institute of Management
  • Integral University, Lucknow
  • Shri Ram Murti Smarak International Business School, 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 UPSEE Score

The Uttar Pradesh State Entrance Examination (UPSEE) is a state-level entrance exam to get admission to colleges offering post-graduation in management.

  • It is conducted every year by  Dr. APJ Abdul Kalam Technical University.
  • In 2019, 1.7 Lakh students registered for the exam, out of which only 11,543 were able to clear the exam and applied for post-graduation courses in management.
  • Exam mode can be both online and offline. There are a total of 100 questions and the allotted time is 2 hours.

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

  • Integral University, Lucknow
  • School of Management Sciences, Lucknow
  • Shri Ramswaroop Memorial Group of Professional Colleges, Lucknow
  • Bansal Institute of Engineering and Technology, Lucknow
  • Institute of Cooperative and Corporate Management Research and Training, Lucknow
  • Indira Gandhi Institute of Co-Operative Management, Lucknow
  • Lal Bahadur Shastri Institute of Management and Development Studies, Lucknow

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.

  • It is an online exam, conducted once a year. The exam consists of 4 segments: Quantitative Techniques, Language Comprehension, General Awareness, and Logical Reasoning.
  • There are 100 questions and the time allotted is 3 hours
  • All AICTE Approved institutes accept CMAT scores.

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 average annual fee structure.

College Name Average Annual Fees (INR) 
Jaipuria Institute of Management,  Lucknow 500,000
Shri Ram Murti Smarak International Business School - [SRMS IBS], Lucknow 290,000
Ambalika Institute of Management and Technology - [AIMT], Lucknow 89,749
Shri Ramswaroop Memorial University - [SRMU], Lucknow 145,000
Goel Group of Institutions, Lucknow 78,589
Maharishi University of Information Technology - [MUIT], Lucknow 80,000
Rameshwaram Institute of Technology and Management - [RITM], Lucknow 70,000
Sherwood College of Management - [SCM], Lucknow 119,150
School Of Management Sciences - [SMS],  Lucknow 70,380
International College of Financial Planning - [ICOFP], Lucknow 359,500

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 Annual Fees (INR) 
Shri Ram Murti Smarak International Business School - [SRMS IBS], Lucknow 290,000
Integral University, Lucknow 180,000
Ambalika Institute of Management and Technology - [AIMT], Lucknow 89,749
Shri Ramswaroop Memorial University - [SRMU], Lucknow 145,000
Goel Group of Institutions, Lucknow 78,589
Maharishi University of Information Technology - [MUIT], Lucknow 80,000
Rameshwaram Institute of Technology and Management - [RITM], Lucknow 70,000
Sherwood College of Management - [SCM],  Lucknow 119,150
School Of Management Sciences - [SMS],  Lucknow 70,380
Institute of Co-operative and Corporate Management Research & Training - [ICCMRT], Lucknow 113,885

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 Annual Fees (INR) 
Goel Group of Institutions, Lucknow 78,589
Maharishi University of Information Technology - [MUIT], Lucknow 80,000
Sherwood College of Management - [SCM], Lucknow 119,150
Rameshwaram Institute of Technology and Management - [RITM], Lucknow 70,000
School Of Management Sciences - [SMS], Lucknow 70,380
Shri Ram Murti Smarak International Business School - [SRMS IBS], Lucknow 290,000
Shri Ramswaroop Memorial University - [SRMU], Lucknow 145,000
Institute of Co-operative and Corporate Management Research & Training - [ICCMRT], Lucknow 113,885
Institute of Productivity and Management - [IPM], Lucknow 160,000
Narvadeshwar Management College - [NMC], Lucknow 57,150

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.

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Top MBA/PGDM Colleges in Lucknow Based on 2023 Ranking

Popularity
PopularityRatingHighest FeesLowest Fees

Indian Institute of Management - [IIM]
Indian Institute of Management - [IIM] logo

Indian Institute of Management - [IIM]

Lucknow, Uttar Pradesh | UGC Accredited

8.4/10 (45 Reviews)

MBA/PGDM

19.25 Lakhs


NIRFranking 7 out of 100 in 2021

Lal Bahadur Shastri Institute of Management and Development Studies - [LBSIMDS]
Lal Bahadur Shastri Institute of Management and Development Studies - [LBSIMDS] logo
8.1/10 (5 Reviews)

MBA/PGDM

80.40 K



Integral University
Integral University logo

Integral University

Lucknow, Uttar Pradesh | NCTE, UGC, COA, PCI, MCI Accredited

7.8/10 (89 Reviews)

MBA/PGDM

40.00 K


ranking 167 out of 182 in 2022