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

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

College Vidya Team Sep 10, 2024 5K Reads

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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. 

2023 Top 10 Online MBA Colleges/Universities in India

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 fees, academic pedagogies, and 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

92

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 to an MBA program at Chandigarh, candidates must fulfill certain basic eligibility conditions, which usually include: 

  • Having Completed at least a 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 admission to 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 (2024). 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 (2024)

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 100 management institutions of India as per NIRF Rankings 2024. 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 92 in Management Category (2024)

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.

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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. 

FAQs (Frequently Asked Questions)

The top MBA college in Chandigarh based on NIRF Management Category Rankings of 2024 is Chandigarh University (CU). CU is not only a top institution in the city but is also the 40th best in the nation for management courses.

The general admission criteria for an MBA in Chandigarh is having a recognised Bachelor's degree (in any stream) with a valid score, followed by qualifying a management entrance and rounds of interview and group discussions.

The average cost of completing an MBA program from Chandigarh is around INR 5,00,000 to INR 7,00,000 for 2 years. The exact fee amount for the course would vary from one institution to another, especially on the basis of whether it is a private or a public college.

The placement services of Chandigarh University (CU) and Panjab University (PU) are quite robust and efficient in providing top placements to students with average packages ranging from INR 13.7 LPA to INR 18 LPA.

The average salaries at which MBA graduates in Chandigarh can get placed are in the range of INR 2 LPA to INR 5 LPA.

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