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

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

Dec 11, 2023 1.7K Reads

With a number of prestigious colleges and institutes located in various cities, Punjab is one of the nation’s most appealing states to complete management education from. With a number of public and private institutions that offer an MBA or equivalent PGDM programs, students can choose an MBA college from a number of reputed alternatives. This blog explores the details of the top colleges and institutions in Punjab offering an MBA, along with full details about their admissions, fee, placement services etc. Continue reading to explore the top accredited MBA colleges and institutions in Punjab!

Top 10 MBA Colleges in Punjab

Punjab is a primarily agrarian state in North India that is a major contributor to the nation’s economy– not solely through its primary production but also through its services in the sector of higher education. Punjab is home to a number of reputed management institutes and universities that offer courses such as an MBA or a PGDM. The state has over 250 well-established colleges and universities that offer an MBA program. There are both private colleges and public institutes in Punjab that offer full-time MBA courses to management aspirants. Also Read: Full form of MBA.

Listed below are the top 10 accredited colleges and management institutes that offer an MBA program or an equivalent course to students at the postgraduate level. The following colleges have been listed here as per their NIRF (2023) ratings, their top accreditations, fee ranges and placement support features. 

MBA College/University

NIRF Ranking

City 

Course 

Accepted Entrance Exams

MBA Fees (Approx.)

Lovely Professional University (LPU)

32

Phagwara

Master of Business Administration (MBA) 

LPU NEST/XAT/

MAT/CAT/

CMAT

INR 7,76,000

Chandigarh University (CU)

36

Chandigarh

Master of Business Administration (MBA)

CUCET

INR 1,25,000 to INR 1,45,500

Thapar Institute of Engineering & Technology 

49

Patiala 

Master of Business Administration (MBA)

CAT/ NMAT/ XAT/ CMAT/ MAT/ GMAT/ GRE/ SNAP/ TMAT

INR 8,50,000 (Approximate)

Indian Institute of Management (IIM), Amritsar

51

Amritsar 

Master of Business Administration (MBA)

CAT

INR 16,00,000

Chitkara University

64

Rajpura 

Master of Business Administration (MBA)

CAT / MAT / NMAT / XAT / CMAT

INR 7,00,000

Panjab University (PU), Chandigarh

82

Chandigarh 

Master of Business Administration (MBA)

CAT

INR 17,365

Universal Business School (UBS), Mohali

Mohali 

Master of Business Administration (MBA)

CAT 

INR 1,70,000

Gian Jyoti Institute of Management and Technology (GJIMT), Chandigarh

Chandigarh 

Master of Business Administration (MBA)

MAT/CMAT

INR 1,89,100

PML SD Business School, Chandigarh 

Chandigarh 

Post Graduate Diploma in Management (PGDM) 

CAT/CMAT/GMAT/XAT/MAT/ATMA

INR 5,00,000

Amity University, Punjab 

Mohali 

Master of Business Administration (MBA)

MAT/XAT/CAT/NMAT /CMAT

INR 7,96,000

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

Seeking admission in an MBA institution can seem a daunting procedure if one is not aware of the nuances or stages in which admission procedures progress. Here is the admission procedure to an MBA course broken down into simple stages. 

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Stage 1: Meeting the General Eligibility Criteria 

The minimum eligibility criteria that a candidate must meet to seek admission in an MBA college or institute includes: 

  • The candidate must have graduated in a Bachelor’s degree in any stream from a recognised institute/college
  • The candidate must have secured at least 50% aggregate marks in graduation (a relaxation of 5% is offered by few institutions to candidates belonging to the reserved category) 

In addition to having graduated from a recognised university/institution, some management colleges may also demand that the candidate have a minimum professional experience in the field for 2 years to 3 years. 

Stage 2: Qualifying in a Management Entrance Exam

Once the candidate is eligible to seek admission in an MBA course, they must qualify the requisite management aptitude examination in order to progress to the next stages of the admission procedure. There are a number of management entrance exams at the national, state or institutional level that may be accepted by a particular business school or management institution.

Given below are a few of the top accepted management entrances for admission to an MBA course in Punjab: 

  • Common Admission Test (CAT)
  • Lovely Professional University National Entrance and Scholarship Test (LPU NEST)
  • Xavier Aptitude Test (XAT)
  • Management Aptitude Test (MAT)
  • Common Management Admission Test (CMAT)
  • NMIMS Management Aptitude Test (NMAT)
  • Graduate Management Admission Test (GMAT)

Listed below are the accepted management entrances in the top 10 MBA colleges in Punjab. 

College/University

Accepted Management Entrance Exam

Lovely Professional University (LPU)

LPU NEST/XAT/MAT/CAT/CMAT

Chandigarh University (CU)

CUCET

Thapar Institute of Engineering & Technology 

CAT/ NMAT/ XAT/ CMAT/ MAT/ GMAT/ GRE/ SNAP/ TMAT

Indian Institute of Management (IIM), Amritsar

CAT

Chitkara University

CAT / MAT / NMAT / XAT / CMAT

Panjab University (PU), Chandigarh

CAT

Universal Business School (UBS), Mohali

CAT 

Gian Jyoti Institute of Management and Technology (GJIMT), Chandigarh

MAT/CMAT

PML SD Business School, Chandigarh 

CAT/CMAT/GMAT/XAT/MAT/ATMA

Amity University, Punjab 

MAT/XAT/CAT/NMAT /CMAT

 Stage 3: Qualifying Personal Interviews and Group Discussion Rounds

The last stage that the candidate must qualify before they can enrol in an MBA program is the personal interview and/or group discussion round. Some universities and business schools conduct only a one-to-one personal interview (PI) with the candidate. In some institutions, an additional round of GD is also conducted at this stage. Once the candidate is screened on the basis of this round by the institution, they can enrol in the course by paying the fee and securing their seat. 

Best MBA Colleges in Punjab

Find more pertinent details about the top 10 MBA colleges of Punjab such as the course fee, admission criteria, specialisations, return on investment and more below:

1) Lovely Professional University (LPU)

Established in 2005 by the Lovely International Trust in Phagwara, LPU has been identified as the best university in Punjab for management education by the NIRF (2023). With a NAAC-rating of A++ and accreditations by approving bodies such as UGC, NCTE and BCI, LPU is undoubtedly one of the best options for management education in the state. The MBA program at the university is also offered with all major student support facilities in addition to advanced academic pedagogies to enable seamless and hassle-free learning. The LPU NEST qualified candidates can apply to the course (in addition to candidates who have a valid score in CAT/MAT/XAT/CMAT). The full program fee here is INR 7.76 lakhs, and the placement services of the university allow for a satisfactory ROI. 

Find further details about the MBA program at LPU here.

Degree Offered 

Master of Business Administration (MBA) 

Accreditations 

UGC, NCTE, BCI, NIRF (Rank 32 in Management Category)

Course Duration 

2 Years 

Accepted Entrance Examinations 

LPU NEST/XAT/MAT/CAT/CMAT

Course Specialisations 

  • Financial Markets 
  • Business Analytics 
  • International Business Management 
  • Logistics and Supply Chain Management 
  • Hospital and Healthcare Management 

Full Course Fees

INR 7,76,000

Average Placement Package 

INR 6,00,000 P.A. (Highest Package) 

2) Chandigarh University (CU)

Chandigarh University (CU) is one of the most reputed universities not only in Punjab but also in India for management education. It has major accreditations such as those from UGC and NAAC (an A+ rating). It has been ranked among the top 40 management institutions of India by the NIRF (2023). It offers a full-time MBA program to students that has been approved by the AICTE as a valid professional degree. CU has options of 15 specialisations in the MBA course, ranging from tourism and hospitality management to strategic HRM and fintech. Students who clear the institutional entrance–CUCET, can seek admission in the course.

The full program fee ranges from INR 1.25  to INR 1.45 lakhs, with available financial aid. The course is also placement-integrated, thus providing students with options for job opportunities in top companies right after graduation. 

Find further details about the MBA program at Chandigarh University (CU) enlisted below. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

UGC, AICTE, NAAC A+, 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

Average Placement Package 

INR 18,00,00 P.A. (Highest Package) 

 3) Thapar Institute of Engineering & Technology, Patiala

The Thapar Institute of Engineering and Technology is a part of the prestigious Thapar University that was established in 1956. It is one of the well-accredited and recognised management institutions in Punjab, with recognitions such as those from UGC, NBA, AICTE etc. It has also been ranked among the top 50 management institutions of India by the NIRF (2023). The MBA program offered at Thapar Institute of Engineering and Technology is offered in 10 areas of specialisation, and has been recognised by the AICTE as being a valid and competent vocational degree.

The institution conducts its entrance test, the Thapar Management Aptitude Test (TMAT) for admissions to the MBA course. The full fee for the program is INR 8.5 lakhs. Financial support through EMI options and educational loans are available at the institute for students. The placement services offered here make up for professional grooming for future careeristic endeavours as well as provide appealing job opportunities to students in a number of top companies and MNCs. 

Find further details about the MBA program at Thapar Institute of Engineering and Technology below. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NAAC A+, UGC, NBA, AICTE, NIRF Rank 49 in Management Category (2023) etc. 

Course Duration 

2 Years 

Accepted Entrance Examinations 

CAT/ NMAT/ XAT/ CMAT/ MAT/ GMAT/ GRE/ SNAP/ Thapar Management Aptitude Test (TMAT)

Course Specialisations 

  • Business Analytics & Big Data 
  • Finance
  • Information Systems 
  • Operations 
  • Human Resource Management (HRM)
  • Marketing 
  • Entrepreneurship & Innovation
  • Energy & Sustainability 
  • Education Management and Leadership 
  • International Management & Strategy 

Full Course Fees

INR 8,50,000 (Approximate)

Average Placement Package 

INR 7,05,000 P.A. 

4) Indian Institute of Management (IIM), Amritsar 

IIM Amritsar is the top ranked public institution of Punjab. A part of India’s most well-reputed management institutions–the IIMS, IIM-Amritsar was established in the third wave of establishment of IIMs, in 2015. It has been provided with an ‘A’ grade by the NAAC and is ranked as the 51st best institution of India for management studies. The MBA program offered at IIM Amritsar is for candidates who meet the selection cut-off in the CAT examination. The full program fee is INR 16 lakhs and the available specialisations include those like business analytics, HRM, finance and accounting, economics, communication management etc.

The ROI of IIM-Amritsar is also quite satisfactory and students can secure jobs in a number of top companies and organisations through the placement services of the institute. 

Find further details about the MBA program of IIM Amritsar here. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NAAC Grade ‘A’, NIRF Rank 51 in Management Category (2023) etc. 

Course Duration 

2 Years 

Accepted Entrance Examinations 

CAT

Course Specialisations 

  • Business Analytics Management
  • Human Resource Management (HRM)
  • Marketing Management
  • Finance and Accounting Management
  • Information Systems and Analytics Management
  • Production and Quantitative Methods Management
  • Business Strategy Management
  • Economics Management
  • Communication Management
  • Organizational Behaviour (OB) Management

Full Course Fees

INR 16,00,000

Average Placement Package 

INR 16,51,000 P.A. 

5) Chitkara Business School, Chitkara University

Chitkara University is a private university in Rajpura, Punjab that was originally established in 2002 as an institute under Punjab Technical University and granted autonomous university status in 2009. Chitkara University has been accredited by the UGC, NCTE, PCI, AIU, ASSOCHAM etc. and has also been granted an A+ grade by the NAAC. It is among the top 70 institutions for management in India as ranked by the NIRF (2023).

The MBA program of Chitkara University is offered through the Chitkara Business School and is approved by the AICTE. There are options for specialisation in over 10 areas like marketing, finance, HRM, business analytics, healthcare and health IT, retail marketing etc. The full course fee for an MBA in Chitkara Business School is INR 7 lakhs. The student support facilities, academic and faculty guidance, placement services and campus selections provide a satisfactory RoI after graduation. 

Find key details about the MBA program offered at Chitkara Business School here. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

UGC, AICTE, NAAC A+, NIRF Rank 64 in Management Category (2023), 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 Management
  • Healthcare & Health IT Management 
  • Public Health Management 
  • Retail Marketing 
  • Pharmaceutical Management
  • Banking & Financial Services (BFSI)

Full Course Fees

INR 7,00,000

Average Placement Package 

INR 8,00,000 P.A. 

6) Panjab University (PU), Chandigarh

Panjab University (PU) is a public state university established originally in 1882 in Lahore. It was then reestablished in the capital city of Punjab-Chandigarh and boasts of a legacy of providing quality higher education to students across North India and beyond. It is a NAAC-rated ‘A’ grade university and has been ranked as the 25th best university of India by the NIRF (2023). Panjab University offers a full-time 2-year MBA degree to students in three specialisation areas–HRM, international business and entrepreneurship. The selection criteria for the university is the student’s academic record and their CAT score. The full program fee is in an affordable range of INR 17,365 for two years and the RoIs are also high, with average CTCS for the course ranging from INR 13 LPA to INR 14 LPA. 

The essential details about the MBA program at Panjab University (PU) have been enlisted below. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NAAC ‘A’ Grade, UGC, NIRF Rank 25 in Universities 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

Average Placement Package 

INR 13,70,000 P.A. 

7) Universal Business School (UBS), Mohali

Established in Mohali in 2008, the Universal Business School is one of the prestigious and well-known private colleges of Punjab. It is a constituent of the Universal Group of Institutes and has been accredited by the AICTE as offering a competent and valid MBA degree. The full-time MBA course at UBS is a postgraduate degree program offered in 3 key specialisations–marketing, finance and HRM. The admission criteria for the course is the eligibility conditions along with a candidate’s score on the CAT. The full program fee for an MBA in UBS is INR 1.7 lakhs for two years, and further options for financial support through EMI and instalment payment modes. Placement services are also offered for the course, which includes placement assistance through training and grooming as well as campus placements with an excellent ROI. 

Find further details about the MBA program at UBS here.

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

AICTE

Course Duration 

2 Years 

Accepted Entrance Examinations 

CAT 

Course Specialisations 

  • Finance Management
  • Human Resource Management
  • Marketing Management

Full Course Fees

INR 1,70,000

Average Placement Package 

INR 10,00,000 P.A. (Approximate)

8) Gian Jyoti Institute of Management and Technology (GJIMT), Chandigarh

Gian Jyoti Institute of Management and Technology (GJIMT) was established in 1998 in the capital of the state. The institute is affiliated to the IKG Punjab Technical University or PTU. It offers a full-time MBA program to students that has been recognised by the AICTE and is available with options for specialisation in areas like marketing, HRM, finance, management information systems, operations and business analytics. The accepted entrance exams at GJIMT include MAT and CMAT. The full fee for the course is INR 1.89 lakhs. The distinguishing features of the institute include its stellar rankings, its esteemed faculty, the placement services and its infrastructural services. The placement support of GJIMT makes up for a satisfactorily high return on investment upon course completion through the campus job drives. 

More details about the MBA program at GJIMT have been provided below. 

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

Average Placement Package 

INR 6,50,000 P.A. 

9) PML SD Business School, Chandigarh 

PML SD Business School is a private business school in Chandigarh that was established in 2020. It has been promoted by the GGDSD College Society and is currently offering a PGDM course of 2 years to management aspirants. The course is approved by the AICTE and its available specialisations include entrepreneurship and general management, finance, marketing and HRM. The full program fee is INR 5 lakhs and the course includes placement support facilities. 

Enlisted below are further details about the PGDM offered by PML SD Business School.

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 Management
  • Marketing Management
  • Human Resource Management (HRM)

Full Course Fees

INR 5,00,000

Average Placement Package 

Current Statistics Unavailable 

10) Amity University, Punjab 

Amity University Punjab was established recently in 2021 in Mohali to extend the educational support of the prestigious Amity Group of Institutions to the state of Punjab. Within the short span of its establishment from 2021, Amity University Punjab has received a number of accreditations such as those from UGC, WASC, IACBE etc. It is also a member of the AIU and has been granted an A+ grade by NAAC. The MBA program at Amity University Punjab is currently being offered as a full-time 2-year course in the areas of healthcare technology, general management and an integrated 3-continents degree. The full fee for the course is INR 7.96 lakhs. The accepted management entrances in Amity University Punjab include MAT, XAT, CAT, NMAT and CMAT. The university also provides placement assistance for the MBA program.  

Further important details about the MBA program at Amity University Punjab have been provided below. 

Degree Offered 

Master of Business Administration (MBA)

Accreditations 

NAAC A+, UGC, WASC, IACBE, AIU, QAA  etc. 

Course Duration 

2 Years 

Accepted Entrance Examinations 

MAT/XAT/CAT/NMAT/CMAT

Course Specialisations 

  • Healthcare Technology
  • General Management 
  • 3-Continent Basis

Full Course Fees

INR 7,96,000

Average Placement Package 

Current Statistics Unavailable 

City-Wise List of Top MBA Colleges in Punjab

Enlisted below are a few of the top picks for management education (MBA or equivalent) in a few of the academically well-developed cities of the state. 

1) Top MBA Colleges in Chandigarh

The joint capital of Punjab and Haryana, Chandigarh is well-known across the nation as a well-planned and organised city with respect to its architecture and infrastructure. It is home to some of the top colleges and business schools of Punjab, including private and public institutions. Listed below are a few of such institutions offering an MBA. 

MBA College/University

Course 

Accepted Entrance Exams

MBA Fees (Approx.)

University Institute of Applied Management Sciences

Master of Business Administration (MBA)

PU-MET

INR 5,00,000 to INR 5,04,740

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

Swami Vivekanand Institute of Engineering & Technology (SVIET), Chandigarh

Master of Business Administration (MBA)

Based on General Eligibility 

INR 1,60,000

Dr. IT Group of Institutes, Chandigarh

Master of Business Administration (MBA)

Based on General Eligibility 

INR 1,20,000

2) Top MBA Colleges in Mohali

Located in the south-western region of Punjab, Mohali (also officially known as “Sahibzada Ajit Singh Nagar ”) is another well-developed city of the state infrastructurally. It is not only a major contributor to Punjab’s economy but is also a centre for quality higher education. There are over 20 management institutions in Mohali, of which a few have been listed below. 

MBA College/University

Course 

Accepted Entrance Exams

MBA Fees (Approx.)

Indo Global Group of Colleges, Mohali

Master of Business Administration (MBA)

Based on General Eligibility 

INR 1,20,000

Rayat Bahra University, Mohali

Master of Business Administration (MBA)

Based on General Eligibility 

INR 3,00,000

Khalsa of Technology and Business Studies, Mohali

Master of Business Administration (MBA)

Based on General Eligibility 

INR 1,86,000

Quest Group of Institutions, Mohali

Master of Business Administration (MBA)

Based on General Eligibility 

INR 3,30,000

3) Top MBA Colleges in Patiala

Well-known for its cultural and historical heritage, the educational facilities of the city of Patiala are often missed out. The city is located in the southwestern region of Punjab and is home to a number of reputed public institutions as well as private colleges and universities for management education. Find details about a few of the top management institutions of Patiala here.

MBA College/University

Course 

Accepted Entrance Exams

MBA Fees (Approx.)

Rayat Bahra Patiala Campus, Patiala

Master of Business Administration (MBA)

Based on General Eligibility 

INR 2,40,000

College of Management & Technology, Patiala

Master of Business Administration (MBA)

CAT

INR 1,76,200

Swift Technical Campus (STC), Patiala

Master of Business Administration (MBA)

Based on General Eligibility 

INR 1,20,000

Jasdev Singh Sandhu Institute of Engineering and Technology (JSSIET), Patiala

Master of Business Administration (MBA)

Based on General Eligibility 

INR 1,61,500

4) Top MBA Colleges in Jalandhar 

Located in southeast Punjab, Jalandhar is the third-most populous city of the state and home to nearly 25 colleges for MBA education. The city is being developed further both infrastructurally and academically under the Government of India initiative of “Smart City Project”, and hence is a city with enormous future scope of development for management aspirants. Some of the well-accredited institutions of Jalandhar for MBA education have been enlisted below.   

MBA College/University

Course 

Accepted Entrance Exams

MBA Fees (Approx.)

Apeejay Institute of Management & Engineering Technical Campus (AIMETC), Jalandhar

Master of Business Administration (MBA)

Based on General Eligibility 

INR 2,10,000

CT Institute of Engineering Management & Technology (CTIEMT), Jalandhar

Master of Business Administration (MBA)

CMAT

INR 1,78,160

Dr BR Ambedkar National Institute of Technology (NIT), Jalandhar

Master of Business Administration (MBA)

CAT

INR 1,84,000

DIPS Institute of Management and Technology, Jalandhar

Master of Business Administration (MBA)

Based on General Eligibility 

INR 1,69,500

RoI of MBA Colleges in Punjab

The Return on Investment, commonly known as RoI, is an index of the benefits of an MBA course that a student reaps after course completion with respect to the placements provided by the institution. The RoI of an institution indicates how quickly the financial investments of the course can be reaped and recouped through the placement services offered by the institute. Thus, 

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The MBA colleges of Punjab offer considerably satisfactorily high RoIs, considering the placement CTCs offered on an average to students, especially starters. With the career escalation the graduating alumni are likely to get through the years, the financial RoI of MBA colleges in Punjab are quite high.

Enlisted below are the full course fees for pursuing an MBA from the top 10 management colleges in Punjab along with the placement CTCs offered through their campus selection drives. 

College/Institute 

Full Course Fees

Average Placement Package 

Lovely Professional University (LPU)

INR 7,76,000

INR 6,00,000 P.A. (Highest Package) 

Chandigarh University (CU)

INR 1,25,000 to INR 1,45,500

INR 18,00,00 P.A. (Highest Package) 

Thapar Institute of Engineering & Technology 

INR 8,50,000 (Approximate)

INR 7,05,000 P.A. 

Indian Institute of Management (IIM), Amritsar

INR 16,00,000

INR 16,51,000 P.A. 

Chitkara University

INR 7,00,000

INR 8,00,000 P.A. 

Panjab University (PU), Chandigarh

INR 17,365

INR 13,70,000 P.A. 

Universal Business School (UBS), Mohali

INR 1,70,000

INR 10,00,000 P.A. (Approximate)

Gian Jyoti Institute of Management and Technology (GJIMT), Chandigarh

INR 1,89,100

INR 6,50,000 P.A. 

PML SD Business School, Chandigarh 

INR 5,00,000

Current Statistics Unavailable 

Amity University, Punjab 

INR 7,96,000

Current Statistics Unavailable 

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Top Recruiters

Recruiters from a number of sectors ranging from healthcare, marketing and business development, research and consultancy, BFSI, ITES sector to sports management and tourism and travel hire candidates who have gained professional managerial education, such as through an MBA. The state of Punjab has a flourishing economy contributed to by various sources like agriculture, sports, travel and tourism in addition to tertiary services, and hence the job scope available for MBA graduates are quite high here. 

Further, the well-accredited MBA colleges of Punjab also offer placement services by partnering with MNCs, firms and companies across the nation to provide the most appealing job opportunities to students graduating from them. Listed below are a few of the distinguished hiring partners of the top 10 MBA colleges in Punjab.

College/Institute/University  

Top Recruiting Partners 

Lovely Professional University (LPU)

  • Microsoft
  • Google 
  • Asian Paints 
  • Flipkart 
  • Wipro Ltd. 
  • HDFC Bank 
  • Tech Mahindra 
  • Capgemini 
  • JW Marriott
  • Colgate 
  • Federal Bank 
  • Larsen & Toubro 
  • Accor Group 
  • Cisco etc. 

Chandigarh University (CU)

  • Mindtree 
  • Tata Technologies 
  • Deloitte 
  • HDFC Bank 
  • Birla Soft 
  • Amazon 
  • Panasonic 
  • Google 
  • Dell 
  • Schindler 
  • HP
  • Flipkart 
  • Larsen & Toubro 
  • HCL 
  • Asian Paints 
  • IBM 
  • JSW
  • NIIT 
  • Honda etc. 

Thapar Institute of Engineering & Technology 

  • American Express 
  • KPMG
  • Deloitte 
  • Ernst & Young
  • Tata Consultancy Services (TCS)
  • Nestle 
  • Siemens 
  • PwC
  • Hyundai 
  • MRF
  • Accenture 
  • ITC Ltd. 
  • Federal Bank 
  • Amazon 
  • Hero 
  • Axis Bank etc. 

Indian Institute of Management (IIM), Amritsar

  • Bisleri
  • BenQ
  • Aditya Birla Capital 
  • Accenture 
  • Cipla 
  • Deloitte 
  • Ernst & Young
  • HDFC Bank 
  • Kochar Tech 
  • Infosys 
  • Kotak Mahindra Bank 
  • KPMG
  • Larsen & Toubro 
  • Mindtree
  • Tech Mahindra 
  • Xiaomi etc.

Chitkara University

  • Pfizer
  • Decathlon 
  • Abbott 
  • Airtel 
  • Cipla 
  • Citi Bank 
  • ICICI Bank
  • Deloitte 
  • Yes Bank 
  • Morgan Stanley
  • Google 
  • Adidas
  • DLF 
  • Standard Chartered Bank 
  • Kent 
  • JP Morgan 
  • Honeywell 
  • DHL 
  • DTDC etc.

Panjab University (PU), Chandigarh

  • Amazon 
  • American Express
  • Bharti Airtel
  • Dabur 
  • Concentrix
  • Google
  • Goldman Sachs
  • Infosys 
  • Deloitte 
  • Avidus SMPL
  • Samsung
  • Capgemini
  • KPMG etc. 

Universal Business School (UBS), Mohali

  • Oracle 
  • Aditya Birla Group 
  • Dell 
  • Nokia 
  • Ceat 
  • Cipla 
  • ICICI Bank 
  • HP 
  • Accenture 
  • Infosys 
  • Wipro 
  • Tata 
  • ACC 
  • Intel etc. 

Gian Jyoti Institute of Management and Technology (GJIMT), Chandigarh

  • Axis Bank 
  • Federal Bank 
  • Philips 
  • JCBL
  • Tata Consultancy Services (TCS)
  • Jaro Education 
  • IndusInd Bank 
  • Wipro 
  • Citi Bank
  • Infosys 
  • Reliance 
  • Policy Bazaar
  • JW Marriott 
  • Kotak Mahindra Bank
  • PNB Metlife etc. 

PML SD Business School, Chandigarh 

  • Luminous
  • Ernst & Young (EY)
  • PWC 
  • Tynor 
  • Code Young 
  • Tech Mahindra 
  • Turing 
  • Yes Bank
  • ICICI Bank 
  • Airtel 
  • Club Mahindra 
  • Fortis Hospital 
  • SJVN 
  • Trigma 
  • Algomill etc. 

Amity University, Punjab 

  • Accenture 
  • Aditya Birla Group
  • Airtel 
  • Deloitte 
  • Ernst & Young (EY) 
  • Flipkart 
  • Cipla
  • Capgemini 
  • Bata 
  • Amazon 
  • Asian Paints 
  • American Express
  • Bosch 
  • Citi Bank 
  • Cognizant 
  • Dell etc. 

Online MBA Colleges in India

If you are a candidate looking for the best options for MBA education from across India but are constrained by financial or relocation difficulties, then an online MBA is a suitable option for you. With the approval of UGC-DEB as a course officially equivalent to a regular MBA course, a number of prestigious institutes and universities are now offering a fully online MBA to provide managerial education to a larger number of aspirants. In addition to having the same value as an offline MBA, the option of an online MBA confers various advantages such as a relatively affordable fee range, flexibility of learning, ability to learn from any location, excellent placement assistance, student support etc. 

Listed below are a few of the top universities across India offering a full-time online MBA to students. 

University 

Location 

Course 

Mode 

LPU Online 

Phagwara 

Master of Business Administration (MBA)

Online Learning (OL) Mode 

Chandigarh University Online 

Chandigarh 

Master of Business Administration (MBA)

Online Learning (OL) Mode 

Online Manipal 

Jaipur 

Master of Business Administration (MBA)

Online Learning Mode (OL)

GLA Online 

Mathura 

Master of Business Administration (MBA)

Online Learning Mode (OL)

Amity Online 

Noida 

Master of Business Administration (MBA)

Online Learning Mode (OL)

Online Uttaranchal University 

Dehradun 

Master of Business Administration (MBA)

Online Learning Mode (OL)

ICFAI Online 

Hyderabad (Main Campus)

Master of Business Administration (MBA)

Online Learning (OL) Mode 

Datta Meghe Online

Nagpur

Master of Business Administration (MBA)

Online Learning Mode (OL) 

Dr. D. Y. Patil Vidyapeeth Online

Pune 

Master of Business Administration (MBA)

Online Learning Mode (OL)

SASTRA University Online 

Thanjavur 

Master of Business Administration (MBA)

Online Learning (OL) Mode 

Great Lakes Institute of Management 

Chennai 

Post Graduate Diploma in Management (PGDM)

Online Learning Mode (OL)

Bharathidasan University 

Tiruchirappalli 

Master of Business Administration (MBA)

Online Learning Mode (OL)

Jain Online University 

Bangalore 

Master of Business Administration (MBA)

Online Learning (OL) Mode 

Hindustan University CODE

Chennai 

Master of Business Administration (MBA) 

Online Learning Mode (OL)

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 

Thus, Punjab is one of the states of India offering numerous alternatives of MBA colleges and institutes with excellent facilities of learning, pedagogical support, student service support, placements and more. These colleges and institutes have been ranked by the NIRF as being one of the nation’s best and accredited by a number of approving bodies for their quality of education and learning facilities. 

FAQs (Frequently Asked Questions)

As per the NIRF rankings of 2023 for the Management category, the best MBA institution in Punjab is Lovely Professional University (LPU), located in Phagwara. It has been ranked as the nation’s 32nd top institution for management education. 

Chandigarh, along with Mohali and Patiala are the cities of Punjab with the most number of reputed institutions for MBA education. Amritsar is also home to a number of top colleges and institutions for an MBA. 

With a number of private institutions being located in Punjab, the average fee range for completing an MBA from here is between INR 4 lakhs to INR 7 lakhs for the full course. 

The Indian Institute of Management (IIM) Amritsar is the top ranked public institution in Punjab for management. It has been ranked by the NIRF (2023) as the 51st top institution in India for management education.

Lovely Professional University or LPU, Phagwara has been identified by the NIRF (2023) as the best private institution for management education in Punjab. It has also been ranked as the 32nd best private institution for management education in India by the NIRF.

The average salary that an MBA graduate can earn in Punjab is INR 4 LPA to INR 7 LPA. 

Chandigarh University (CU), IIM Amritsar and Universal Business School are among the top institutions in Punjab offering excellent placement services in Punjab for MBA. 

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