Top 10 MBA Colleges In Chandigarh 2024- Admission, Fees, Exams

Chandigarh, the unique shared state capital of two states, Punjab and Haryana, is not only a major attraction for tourists, but also for aspirants of higher education in fields like management and technology. There are a number of top institutions in the city for business studies and taking up an MBA. The MBA colleges of Chandigarh offer quite advanced pedagogical tools, student services and exposure to students pursuing the course. Placement trends of the city are also quite satisfactory, with excellent placement rates of MBA graduates in top companies across the nation and abroad. 

Continue reading to find a full guide and important details related to the top MBA colleges of Chandigarh. 

Top MBA Colleges in Chandigarh

There are both renowned public universities and well-acclaimed private institutions that offer full-time MBA and PGDM degrees to management aspirants at the PG level. These colleges and universities efficiently meet the national standards of management education, both in terms of the rigour and comprehensiveness of their course as well as the professional exposure and hands-on skills they help in developing for a career in management. Also Read: Full form of MBA.

Given below is a list of the top MBA institutions of Chandigarh in the private and public domains. These colleges have been selected on the basis of their faculty, course fee, academic pedagogies as well as placement support. 

MBA College/University	NIRF Ranking	Course	Accepted Entrance Exams	MBA Fees (Approx.)
Chandigarh University	36	Master of Business Administration (MBA)	CUCET	INR 1,25,000 to INR 1,45,500
Panjab University	82	Master of Business Administration (MBA)	CAT	INR 17,365
Chitkara Business School, Chitkara University	–	Master of Business Administration (MBA)	CAT / MAT / NMAT / XAT / CMAT	INR 7,00,000
University Institute of Applied Management Sciences	–	Master of Business Administration (MBA)	PU-MET	INR 5,00,000 to INR 5,04,740
Gian Jyoti Institute of Management & Technology	–	Master of Business Administration (MBA)	CMAT/MAT	INR 1,89,100
PML SD Business School, Chandigarh	–	Post Graduate Diploma in Management (PGDM)	CAT/CMAT/GMAT/XAT/MAT/ATMA	INR 5,00,000
LM Thapar School of Management (LMTSM), Chandigarh	–	Master of Business Administration (MBA)	CAT/ NMAT/ XAT/ CMAT/ MAT/ GMAT/ GRE/ SNAP/ Thapar Entrance Test	INR 10,21,400 to INR 14,45,500

General Eligibility and Accepted Entrance Exams for Admissions in Chandigarh MBA Colleges

In order to seek admission in an MBA program at Chandigarh, candidates must fulfil certain basic eligibility conditions, which usually include: 

• Having Completed at least Bachelor’s level education from a Recognised University/Institution. 
• Having Secured at least 50% Aggregate Marks/grade points at the Graduation level

Candidates from any stream of education can seek admissions in an MBA program. Some universities may also have an eligibility condition regarding professional experience, including at least 2 years to 3 years of work experience in a relevant industry/sector. 

If the candidate satisfactorily meets the basic eligibility conditions, they must appear in and qualify  a management examination that is accepted by the institution for admissions. Some of the commonly accepted management entrances for admission to an MBA in Chandigarh include: 

• Common Admission Test (CAT)
• Management Aptitude Test  (MAT) 
•  Xavier Aptitude Test (XAT)
• Common Management Admission Test (CMAT)
• Graduate Management Admission Test (GMAT) 

Given here is a list of the top management institutions of Chandigarh along with the management examinations accepted in these institutions.

College/University	Accepted Management Entrance Exam
Chandigarh University	CUCET
Panjab University	CAT
Chitkara Business School, Chitkara University	CAT / MAT / NMAT / XAT / CMAT
University Institute of Applied Management Sciences	PU-MET
Gian Jyoti Institute of Management & Technology	CMAT/MAT
PML SD Business School, Chandigarh	CAT/CMAT/GMAT/XAT/MAT/ATMA
LM Thapar School of Management (LMTSM), Chandigarh	CAT/ NMAT/ XAT/ CMAT/ MAT/ GMAT/ GRE/ SNAP/ Thapar Entrance Test

Once a candidate qualifies a management aptitude test/examination, they are shortlisted further by the university/institute for rounds of personal interview and/or group discussions and/or writing ability test. 

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Best Private & Public MBA Colleges of Chandigarh

Here are further details about the top MBA colleges of Chandigarh along with the MBA course details at these institutions. 

1) Chandigarh University

Started in the year of 2012, Chandigarh University is one of North India’s premier educational institutions that provides degrees and other programs in a number of fields, and is well-known for its management courses. Some of the top accreditations of CU include those like UGC and AICTE approvals. CU is among the top 40 management institutions of India as per rankings by the NIRF (2023). CU offers a 2-year MBA course approved by the AICTE. It offers a diverse range of specialisations to select from, with over 15 domains including those like fintech, entrepreneurship, tourism management etc. among others. It has quite an affordable fee range for the course (INR 1,25,000 to INR 1,45,500) along with top academic support features and placements, making up for a high RoI. 

Find more details about the regular MBA at Chandigarh University here: 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, NAAC +, NIRF Ranking 36 in Management Category (2023)
Course Duration	2 Years
Accepted Entrance Examinations	CUCET
Course Specialisations	Tourism and Hospitality Management Tourism Management  Human Resource Management (HRM)  Finance Management  Marketing Management  International Business (IB) Management  Entrepreneurship Business Analytics Banking & Financial Services (BFSI) Strategic HRM  Fintech  Data Science & Artificial Intelligence  Logistics & Supply Chain Management  Digital Marketing  Healthcare & Life Sciences
Full Course Fees	INR 1,25,000 to INR 1,45,500
Placement Package	INR 18,00,00 P.A. (Highest Package)

2) Panjab University

An institution of historical significance, Panjab University was started in 1882 in Lahore (now Pakistan). Now an institution of eminence, located in Chandigarh, PU has approvals from UGC. It is also a NAAC-rated ‘A’ grade university and among the top 70 management institutions of India as per NIRF Rankings 2023. PU offers management courses through two units– the University Business School (UBS) and the University Institute of Applied Management Sciences (UIAMS).

Here we have enlisted details about the MBA course offered at UBS:

Degree Offered	Master of Business Administration (MBA)
Accreditations	NAAC ‘A’ Grade, UGC, NIRF Rank 82 in Management Category (2023)
Course Duration	2 Years
Accepted Entrance Examinations	CAT
Course Specialisations	Human Resource Management (HRM) International Business (IB) Management  Entrepreneurship
Full Course Fees	INR 17,365
Placement Package	INR 13,70,000 P.A.

3) Chitkara Business School, Chitkara University

Chitkara University, a UGC and AICTE entitled university of higher education, was established in 2010 and started offering various management courses through the Chitkara Business School from 2011. The institution is approved by other statutory bodies like the NCTE, PCI, ASSOCHAM etc. In addition to being graded ‘A+’ by NAAC. The course offered here is an MBA program in 10 areas of specialisation including upcoming areas like healthcare and health IT, retail marketing, pharmaceutical management etc. The curricular support at Chitkara is comparable to national standards, including an updated and industry-relevant syllabus, sufficient practical exposure and hands-on learning, guidance by experienced faculty and professionals, placements in top firms etc. 

Important details about the MBA program at Chitkara Business School (CBS) have been listed here: 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, NAAC A+, NCTE, PCI, AIU, ASSOCHAM etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT / MAT / NMAT / XAT / CMAT
Course Specialisations	Marketing Management  Finance Management  Human Resource Management (HRM)  Logistics & Supply Chain Management  Business Analytics Healthcare & Health IT Management  Public Health Management  Retail Marketing  Pharmaceutical Management Banking & Financial Services (BFSI)
Full Course Fees	INR 7,00,000
Placement Package	INR 8,00,000 P.A.

4) University Institute of Applied Management Sciences

The University Institute of Applied Management Sciences (UIAMS) was established in Chandigarh in 2008 under the aegis of the prestigious Panjab University. It is an ‘A’ grade higher educational institution offering a full-time MBA program of 2 years to students. The candidates interested in the course must appear in the Panjab university Management Entrance Test (PU-MET) and for further screening through GD-PI rounds. The specialisations offered here include capital markets, infrastructural management, hospital management etc. among 8 other domains. The full course fee here ranges from INR 5 lakhs to INR 5.4 lakhs for the full course. Dedicated placement services of the B-school help students to explore their job options in companies like Siemens, reliance, HCL, Vodafone, Accenture, Abbott etc. 

Find more important details about the MBA program at UIAMS: 

Degree Offered	Master of Business Administration (MBA)
Accreditations	NAAC ‘A’ Grade (PU Accreditation), UGC
Course Duration	2 Years
Accepted Entrance Examinations	PU-MET
Course Specialisations	Marketing Management  Finance Management  Human Resource Management (HRM) Operation Management  Capital Markets  Infrastructural Management  Retail Management  Hospital Management Pharmaceutical Management  Banking & Insurance Management  IT & Communications Management
Full Course Fees	INR 5,00,000 to INR 5,04,740
Placement Package	INR 4,00,000 P.A.

5) Gian Jyoti Institute of Management & Technology 

Gian Jyoti Institute of Management and Technology, known commonly as GJIMT, was established in 1998 in Chandigarh and is affiliated to the IKG Punjab Technical University (PTU). A renowned private management college, it offers quite comprehensive academic support and infrastructural facilities for its MBA course. The MBA program is also approved by the AICTE and 6 specialisation options are floated for the course by the institute. The full fee for the course is INR 1,89,100 for 2 years,which can be paid in easy instalments across the period of course completion. The placements at GJIMT are also quite efficient, with average CTCs hiking up to INR 6.5 LPA, making up for excellent RoIs after graduation. 

Key details about the MBA program at GJIMT are given here for further reference:  

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE
Course Duration	2 Years
Accepted Entrance Examinations	MAT/CMAT
Course Specialisations	Marketing Management  Human Resources Management (HRM) Finance Management  Management Information System (MIS) Operations Management Business Analytics
Full Course Fees	INR 1,89,100
Placement Package	INR 6,50,000 P.A.

6) PML SD Business School, Chandigarh

Promoted by the GGDSD College Society, Chandigarh, PML SD Business School is a young institution with the approval of AICTE that has been offering a PGDM course to students since 2020. Currently, the B-school is providing students with 4 options for specialisation for the course, including marketing management, HRM, finance management and entrepreneurship and general management. The full fee for the course is INR 5,00,000, which is payable in 4 semesters. The degree is also placement integrated. Facilities provided by this business school include regular seminars, industry talks, expert interactions, access to a physical as well as digital library, placement assistance etc. 

Discover further course details about the  PGDM here:

Degree Offered	Post Graduate Diploma in Management (PGDM)
Accreditations	AICTE
Course Duration	2 Years
Accepted Entrance Examinations	CAT/CMAT/GMAT/XAT/MAT/ATMA
Course Specialisations	Entrepreneurship And General Management Finance Marketing Human Resource Management (HRM)
Full Course Fees	INR 5,00,000
Placement Package	Current Statistics Unavailable

7) LM Thapar School of Management (LMTSM), Chandigarh

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE
Course Duration	2 Years
Accepted Entrance Examinations	CAT/ NMAT/ XAT/ CMAT/ MAT/ GMAT/ GRE/ SNAP/ Thapar Entrance Test
Course Specialisations	Business Analytics & Big Data Finance Management Information System Management Operations Management Human Resource Management (HRM) Entrepreneurship & Innovation  Energy & Sustainability  Education Management & Leadership  International Management & Strategy
Full Course Fees	INR 10,21,400 to INR 14,45,500
Placement Package	INR 7,00,000 P.A.

RoI of MBA Colleges in Chandigarh  

Calculating the RoI of an MBA college gives a fair estimate of whether the college is beneficial for career development in the managerial sector, especially with respect to the fees it charges for the course.

Is MBA Worth It?	Is Online MBA Worth It?
How to Calculate Return on Investment?

The RoI shows the ratio of the average CTC of campus placements and the full fee for the course. 

A high RoI is one of the most important factors that students often consider during selection of the right MBA college for themselves. It shows that the financial and other investments into the course can be quickly recouped through the campus placements after course completion. 

The MBA colleges of Chandigarh offer quite satisfactory RoI, and offered packages are fairly high, ranging anywhere between INR 4 LPA to up to INR 18 LPA. Students can benefit much from the campus placements at these institutions, with reputed hiring companies and MNCs. 

Given below is a summarisation of the full course fee for an MBA in top business schools of Chandigarh along with the average CTCs at which students were placed after completing the course from these institutions. 

College/Institute	Full Course Fees	Average Placement Package
Chandigarh University	INR 1,25,000 to INR 1,45,500	INR 18,00,00 P.A. (Highest Package)
Panjab University	INR 17,365	INR 13,70,000 P.A.
Chitkara Business School, Chitkara University	INR 7,00,000	INR 8,00,000 P.A.
University Institute of Applied Management Sciences	INR 5,00,000 to INR 5,04,740	INR 4,00,000 P.A.
Gian Jyoti Institute of Management & Technology	INR 1,89,100	INR 6,50,000 P.A.
PML SD Business School, Chandigarh	INR 5,00,000	Current Statistics Unavailable
LM Thapar School of Management (LMTSM), Chandigarh	INR 10,21,400 to INR 14,45,500	INR 7,00,000 P.A.

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Top Recruiters of MBA Graduates in Chandigarh  

Not only is Chandigarh home to a number of companies that hire MBA graduates for their managerial positions, most of the MBA colleges here are also connected with firms and MNCs from nearby cities and metropolitans. These companies also hire candidates graduating with an MBA degree regularly for a number of job positions with fairly high CTCs at starting positions. This means students get the opportunity of working in top companies and professional sectors right after graduating.

Top sectors that hire MBA graduates for a variety of job roles include those like IT firms, BFSI sector, the FMCG industries, marketing and advertising agencies, HR and consultancy firms, healthcare companies and hospitals etc. 

Here is a list of a few of the reputed recruiters of MBA graduates in the top management colleges of Chandigarh: 

College/Institute/University	Top Recruiting Partners
Chandigarh University	Mindtree  Deloitte  Tata Technologies  Birla Soft  HDFC Bank  Panasonic  Google  Amazon  HP Dell  Flipkart  HCL  Schindler  Larsen & Toubro  IBM  NIIT  JSW Asian Paints  Honda etc.
Panjab University	Amazon  American Express Dabur  Concentrix Avidus SMPL Google Samsung Bharti Airtel Goldman Sachs Infosys  Deloitte  KPMG  Capgemini etc.
Chitkara Business School, Chitkara University	Pfizer Abbott  Cipla  Airtel  Adidas Decathlon  Google  Kent  DLF  Deloitte  Citi Bank  ICICI Bank  Honeywell  JP Morgan  Morgan Stanley  Standard Chartered Bank  Yes Bank  DHL  DTDC etc.
University Institute of Applied Management Sciences	Vodafone  Honda  Yes Bank  SBI Bank  Siemens Reliance  PayTM Mahindra  Punjab National Bank  Jindal Power  HDFC Bank  HCL  DLF  Ernst & Young  Cipla  Abbott Accenture  Aditya Birla Group  Adidas  Apollo Hospitals etc.
Gian Jyoti Institute of Management & Technology	Axis Bank  Philips  JCBL Federal Bank  Jaro Education  Wipro  IndusInd Bank  Infosys  Reliance  Tata Consultancy Services (TCS) Citi Bank  Policy Bazaar PNB Metlife  JW Marriott  Kotak Mahindra Bank etc.
PML SD Business School, Chandigarh	Luminous PWC  Turing  Ernst & Young  Tynor  ICICI Bank  Code Young  Airtel  Yes Bank Tech Mahindra  Fortis Hospital  Trigma  SJVN  Club Mahindra  Algomill etc.
LM Thapar School of Management (LMTSM), Chandigarh	S & P Global  American Express Deloitte  Ernst & Young  FedEx Godrej  Nestle  Hyundai  ITC Ltd.  Tata Consultancy Services  Wipro  Crisil  Amazon  HDFC Bank  Allan Lloyds Indiamart etc.

Online MBA Colleges in Chandigarh 

With reputed universities and colleges from across India expanding their educational services to the fully online domains, a few of the top institutions of Chandigarh are also offering fully online MBA degrees. However, if a candidate is interested in taking up an online MBA, they can benefit much from the option of pursuing the course from any city across India, without having to relocate. 

So, if taking up an online MBA program, the candidate need not restrict their college choices to a city or region. Rather, they can easily take up the course from any city, all while residing in the location of their convenience. With the guidelines by UGC-DEB conferring equal value and credibility to an online MBA as a regular MBA, students can take up the course without worrying about the validity of their online MBA. 

Here is a list of the institutions from Chandigarh and across India that have been accredited by UGC-DEB and other requisite bodies for offering online MBA courses: 

University	Location	Course	Mode
Chandigarh University Online	Chandigarh	Master of Business Administration (MBA)	Online Learning (OL) Mode
Amity Online	Chandigarh	Master of Business Administration (MBA)	Online Learning (OL) Mode
Online Manipal University	Jaipur	Master of Business Administration (MBA)	Online Learning (OL) Mode
LPU Online	Phagwara	Master of Business Administration (MBA)	Online Learning (OL) Mode
IMT Online	Ghaziabad & Nagpur	Post Graduate Diploma in Management (PGDM)	Online Learning (OL) Mode
ICFAI Online	Hyderabad (Main Campus)	Master of Business Administration (MBA)	Online Learning (OL) Mode
UPES Online	Dehradun	Master of Business Administration (MBA)	Online Learning (OL) Mode
Manav Rachna Online	Faridabad	Master of Business Administration (MBA)	Online Learning (OL) Mode
GLA Online	Mathura	Master of Business Administration (MBA)	Online Learning (OL) Mode
SASTRA University Online	Thanjavur	Master of Business Administration (MBA)	Online Learning (OL) Mode
Online Uttaranchal University	Dehradun	Master of Business Administration (MBA)	Online Learning (OL) Mode
Jain Online University	Bangalore	Master of Business Administration (MBA)	Online Learning (OL) Mode
Dr. D. Y. Patil Vidyapeeth Online	Pune	Master of Business Administration (MBA)	Online Learning (OL) Mode
Hindustan University Online	Chennai	Master of Business Administration (MBA)	Online Learning (OL) Mode

Best Paid MBA Online Specialization

MBA Finance Online	MBA Marketing Online
MBA HR Online	MBA Operations Online
MBA IT Online	MBA Business Analytics Online
MBA International Business Online	MBA Data Science Online
MBA Project Management Online	MBA Digital Marketing Online
MBA Banking and Finance Online	MBA General Online

Conclusion

The city of Chandigarh is home to a number of well-accredited universities and institutions, both public and private, that allows students in and around the city to benefit from the comprehensive management education and professional opportunities after course completion.