Important Facts
College Vidya Team Sep 10, 2024 4.8K Reads
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.
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 |
In order to seek admission to an MBA program at Chandigarh, candidates must fulfill certain basic eligibility conditions, which usually include:
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:
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.
Student Also Ask |
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Here are further details about the top MBA colleges of Chandigarh along with the MBA course details at these institutions.
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 |
|
Full Course Fees |
INR 1,25,000 to INR 1,45,500 |
Placement Package |
INR 18,00,00 P.A. (Highest Package) |
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 |
|
Full Course Fees |
INR 17,365 |
Placement Package |
INR 13,70,000 P.A. |
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 |
|
Full Course Fees |
INR 7,00,000 |
Placement Package |
INR 8,00,000 P.A. |
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 |
|
Full Course Fees |
INR 5,00,000 to INR 5,04,740 |
Placement Package |
INR 4,00,000 P.A. |
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 |
|
Full Course Fees |
INR 1,89,100 |
Placement Package |
INR 6,50,000 P.A. |
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 |
|
Full Course Fees |
INR 5,00,000 |
Placement Package |
Current Statistics Unavailable |
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 |
|
Full Course Fees |
INR 10,21,400 to INR 14,45,500 |
Placement Package |
INR 7,00,000 P.A. |
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.
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. |
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 |
|
Panjab University |
|
Chitkara Business School, Chitkara University |
|
University Institute of Applied Management Sciences |
|
Gian Jyoti Institute of Management & Technology |
|
PML SD Business School, Chandigarh |
|
LM Thapar School of Management (LMTSM), 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 |
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.
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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