Top MBA Colleges in Punjab 2024: Fees, Admissions, Placements & Rankings

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Update at Jul 31, 2024, 4:49 am

The top MBA Colleges in Punjab comprise Lovely Professional University, Chandigarh University, LM Thapar School of Management, IIM Amritsar, Chitkara University, etc. Punjab is home to 281 MBA colleges, which include 21 public and 178 private colleges. The number of full-time colleges is 194 MBA colleges and seven full-time and 7 part-time MBA schools in Punjab.

The top MBA Colleges in Punjab are in the private and public sectors. The selection process required a thorough evaluation of factors like ranking, course costs, academic methodology, as well as the quality of faculty.

Best MBA Colleges in Punjab: Highlights 2024

Multiple MBA Colleges in Punjab offer the administration a full-time regular MBA program. There are a total of 281 MBA Colleges in Punjab that offer specializations in students who wish to build their career in the field of management and business multiple MBA fields such as Finance, Human Resources, Sales and Marketing, Operations, and many more. The MBA universities accept online admission of the candidates by qualifying the national level entrance examinations such as CAT, MAT, XAT, and many more.

Here are some of the key highlights related to the MBA Colleges in Punjab:

Total MBA Colleges

281

Private Colleges

178

Government Colleges

82

Private & Government Colleges

21

Specialisations Courses

  • Finance
  • Human Resources
  • Sales and Marketing
  • Operations
  • Business Analytics

Accepted Exam

Annual Fees

  • INR 1,00,000 : 12 colleges
  • INR 1,00,000 - INR 2,00,000 : 117 colleges
  • INR 2,00,000 - INR 3,00,000 : 21 colleges
  • INR 3,00,000 - INR 5,00,000 : 16 colleges
  • INR 5,00,000 : 20 colleges

Top 10 MBA Colleges in Punjab 2024

Masters of Business Administration (MBA) is a 2-year professional postgraduation program offering education in business and management. The MBA Colleges in Punjab offer quality education specialising in Finance, Operations, Marketing, Supply Chain, Human Resource Management, and many more. These MBA Colleges in Punjab offer admissions based on the entrance exam scores of the students through online mode. The MBA colleges are well renowned, UGC approved and NAAC accredited. Here is the list of the top 10 MBA Colleges in Punjab.

S.No

MBA Colleges / University

Category

NIRF Rank

City

Exams Accepted for Entrance

1

LPU - Lovely Professional University

Private

32

Jalandhar

LPU / NES / MAT / XAT / CAT / NMAT / CMAT

2

Chandigarh University

Private

27

Chandigarh

CUCET

3

IIM Amritsar

Government

51

Amritsar

CAT

4

Thapar Institute of Engineering and Technology

Private

22

Patiala

TMAT / JEE Main / GATE / NEET / CAT / MAT / GMAT / NMAT/  CMAT

5

Panjab University

Government

44

Chandigarh

CETPG

6

Swami Satyanand College of Management and Technology

Private

-

Amritsar

MAT / CMAT

7

Chitkara University

Private

64

Chandigarh

CAT / MAT / NMAT / XAT / CMAT / Chitkara University Test

8

Guru Nanak Dev University College

Government

13

Jalandhar

CBSE 12th / PSEB 12th

9

Central University of Punjab

Government

-

Bathinda

CUET-PG

10

Punjab Institute of Management and Technology [PIMT]

Private

-

Khanna

MAT / CAT / CMAT

Admission Process for Top MBA Colleges in Punjab 2024

Punjab, renowned as The land of great saints and fighters, is home to some of the top-ranked and premier MBA colleges in India. The state boasts 203 MBA colleges, comprising 182 private institutions and 20 government-run ones. The chart below illustrates the ratio between private and government MBA colleges in Punjab.

Admissions to MBA Colleges in Punjab are granted based on both merit and entrance exams. For entrance-based admissions, candidates must qualify for exams such as CAT, CMAT, MAT, etc., followed by a GD/PI round. While a few MBA Colleges in Punjab offer merit-based admissions relying on 10+2 scores, others conduct their entrance exams like LPUNEST, NIPER JEE, FDDI AIST, etc.

Here is an Overview of the MBA Admission Process in These Reputable Institutions:-

Entrance Exams

If you want to be accepted and admitted to one of the top colleges in Punjab You may have to pass a national-level entrance test. State-specific tests like the MAT test, CMAT, and CAT are among the tests. One of the most popular tests to take for MBA acceptance is called The Common Admission Test or CAT for short. It's crucial to do proficiently on these tests since they demonstrate your qualifications and degree of competition to get into Punjab's top MBA schools.

Application Submission

After passing the entrance exam applicants must submit their complete applications to the appropriate MBA programs in Punjab. In general, applications consist of an outline of the intention, recommendation letters, transcripts of their academic studies, as well as entrance examination results.

Group Discussion (GD) and Personal Interview (PI)

Candidates who are shortlisted will be able to take part in group discussions as well as personal interviews. Communication abilities, problem-solving skills, and personal compatibility with MBA are assessed through the GD and PI rounds. MBA programs are evaluated by the GD and PI rounds.

Merit List and Final Selection

MBA institutions in Punjab make merit lists based on the achievements of candidates during entrance examinations as well as discussion groups (GD) and private meetings (PI). The selection process considers a range of aspects like academic record as well as work experience and the performance of the candidate during the interviews which are conducted by a panel. This thorough approach guarantees that the top candidates, taking into consideration several criteria, are selected to be admitted.

Submission of Documents and Fee Payment

After passing the entrance exam for management and completing the eligibility criteria applicants who want to be admitted into MBA institutions in Punjab move on to the last stages of submitting their documents and payment of the fee. The crucial step requires candidates to provide the necessary documents such as academic transcripts, certificates, and proof of identity according to the requirements of the college. In addition, applicants are required to submit the required paperwork for the admission procedure. In addition, submitting the admission fee as prescribed is required to be able to get a place in the MBA program. This methodical approach ensures the finalization of formalities and is the start of the academic process at the institution of your choice.

Popular Entrance Exams for Top MBA Colleges in Punjab

To seek admission to MBA colleges in Punjab, a candidate must fulfill certain basic 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 of work experience in the relevant industry if the candidate is satisfactory meet the basic eligibility conditions they must appear in and quality a management examination that it's accepted by institutions for admission some of the commonly accepted management entrance for admission to MBA colleges in Punjab.

Here is a list of Some Popular Entrance Exams:-

1). CAT ( Common Admission Test)

  • Registration Date: 1 August 2024
  • Last Date: 13 September 2024
  • Exam Date: 24 November 2024

(CAT) Common Admission Test is an entrance exam in India for admission to postgraduate management programs, specifically the Master of Business Administration (MBA) offered by esteemed business schools. This computer-based test assesses candidates on assessable ability, verbal skills, data explanation, and logical reason It serves as a crucial criterion for admission to top-tier MBA programs and is known for its challenging questions that assess candidates' analytical and problem-solving capabilities. Conducted by the Indian Institutes of Management (IIMs), CAT plays a significant role in determining candidates' eligibility for pursuing advanced management studies in India.

2). MAT ( Management Aptitude Test)

  • Registration Date: 20 Feb 2024
  • Last Date: 28 May 2024
  • Exam Date: 2 June 2024

(MAT) Management Aptitude Test is an entrance exam for MBA admission in Punjab. It's a consistent test that assesses candidates' aptitude in areas like language comprehension, numerical skills, data analysis, and critical reasoning. Many MBA colleges in Punjab accept MAT scores for admission. The test is conducted multiple times a year, offering flexibility to candidates. To apply, individuals need to register, prepare for the exam, and then present their scores to the respective colleges during the admission process. MAT provides a platform for aspiring MBA students to showcase their abilities and secure admission to various management programs in Punjab.

3). XAT(Xavier Aptitude Test)

  • Registration Date: 15 Jul 2023
  • Last Date: 10 Dec 2023
  • Exam Date: 7 January 2024

The Xavier Aptitude Test (XAT) is an important exam for those looking to pursue an MBA (Master of Business Administration) in Punjab, a state in India. The XAT is conducted by XLRI (Xavier School of Management) on behalf of the Xavier Association of Management Institutes (XAMI).

4). CMAT (Common Management Admission Test)

  • Registration Date: Third Week of March 2024
  • Last Date: 18 April 2024
  • Exam Date: 5 May 2024

The Common Management Admission Test (CMAT) is a crucial test for students who want for the MBA (Master of Business Administration) in Punjab which is a state in India. CMAT is a nationwide entrance exam administered through the National Testing Agency (NTA).

Top Private MBA College in Punjab

The top MBA college may differ based on personal preferences and requirements. It is essential to review the most current rankings and reviews to get the most current details. Private MBA Colleges in Punjab have been praised as having a high standard of education.

1). Lovely Professional University (LPU), Jalandhar

Lovely Professional University (Lpu) Is a Private College Located in Jalandhar, Punjab. Since Its Inception at the End of the Year 2005, Lpu Is Now One of the Best-Recognized Schools of Private Education in India. It offers a Broad Range of Postgraduate, Undergraduate, as well as Advanced Degrees in Various Specialties Like Management, Arts, Engineering as well Science, & etc.

Here are the Key Hghlights About the Lovely Professional University (LPU) :-

Degree Offered

Master of Business Administration ( MBA )

Accreditations

NAAC / ACBSP / USA / ICAR

NIRF Ranking 46th in Management 2023

Course Duration

2 Years

Accepted Entrance Exam

  • LPU
  • NEST
  • MAT
  • XAT
  • CAT
  • NMAT
  • CMAT

Course Specializations

  • Digital Marketing, Energy
  • Environment Management Human Resource Management
  • Health Care Management Intelligence
  • Machine Learning, and Analytics
  • Finance Fintech Investment
  • Banking Product Management Service
  • Management Strategy
  • Business Analytics Entrepreneurship

Full Course Fee

INR 8,00,000

Placement Package

INR 30,00,000 Per Annum

2). Punjab Institute of Management and Technology [PIMT] Khanna

Punjab Institute of Management and Technology ( PIMT ) Was Established in 1997 and Is Associated with L.K. GUJRAL Punjab Technical University Jalandhar Is Accredited with the Approval of AICTE. PIMT Provides MBA BBA BCA and BTTM Courses on Campus. Admission to the Undergraduate Program Is Determined by the Score of the Qualifying Exam Previously Taken to Be Selected for the  MBA Course, the Applicant's Mark on the Mat and Cat Exams Are Considered.

Details of the MBA Course Offered at Punjab Institute of Management and Technology (PIMT) :-

Degree Offered

Master of Business Administration (MBA)

Accreditations

-

Course Duration

2 Years

Accepted Entrance Exam

  • MAT
  • CAT
  • CMAT

Course Specializations

  • HR Management, Marketing
  • Business Planning
  • Finance management
  • Principles of management
  • Business laws
  • Entrepreneurship
  • Business Communication
  • Retail management
  • Economics

Full Course Fee

INR 1,20,000

Placement Package

INR 50,10,000 Per Annum

 3). Guru Nanak Institute of Management and Technology

The Campus Is Within Ludhiana, Punjab, Guru Nanak Institute of Management and Technology Is an Extremely Prestigious Institute, Established in the Year 1997. The most Prestigious University in the City, Guru Nanak Institute of Management and Technology Is a Renowned Institution Offering Four UG Courses. They Provide Courses Such as MCA MBA/PGDM, B.COM, and B.SC. BBA BCA Includes Streams of It and Software, Business and Management Studies, and Banking, Finance, and Insurance.

The Guru Nanak Institute of Management and Technology. Courses Provided at Guru Nanak Institute of Management and Technology Are Offered to Students from 500 Students at a Reasonable Cost. Institute Offers Excellent Facilities on the Campus Including A/c Classrooms Auditorium, Boys Hostel, Girls Hostel, Hostel, Labs, Library, Wi-Fi Campus, other - Seminar Hall, and Conference Hall.

Details of the MBA Course Offered at Guru Nanak Institute of Management and Technology :-

Degree Offered

Master of Business Administration (MBA)

Accreditations

(AICTE) NIRF Ranked - 45

Course Duration

2 Years

Accepted Entrance Exam

CMAT

Course Specializations

  • MCA
  • PGDM
  • Certificate programs

Full Course Fee

INR 1,20,000

Placement Package

INR 10,00,000

4). Swami Parmanand Engineering College  [Spec]

Swami Parmanand Engineering College Is Located in Mohali in the Punjab State of India. The college Was Founded in 2008. Spec Is a Private College. The college Is Recognized by AICTE. Swami Parmanand Engineering College Offers 4 Different Courses That Are Based on One Stream Specifically Engineering. Popular Degrees Offered by Swami Parmanand Engineering College Include B.TECH.

Besides an Effective Teaching Pedagogy, Swami Parmanand Engineering College Is Also a Leading Institution for Research as well as Innovation. Focus Is Placed on Extracurricular Activities at Swami Parmanand Engineering College as Evidenced by Its Facilities in Addition to Extracurricular Activities as well as International and National Collaborations. The work Opportunities of Students at Swami Parmanand Engineering College Are Diverse and Include Opportunities for Recruitment Within the Public and Private Sectors and Entrepreneurship.

Details of the MBA Course Offered at Swami Parmanand Engineering College :-

Degree Offered

Master of Business Administration (MBA)

Accreditations

NIRF Ranked - 56th

Course Duration

2 Years

Accepted Entrance Exam

CMAT

Course Specializations

  • Business Analytics
  • Human Resource
  • Finance

Full Course Fee

INR 1,70,000

Placement Package

INR 3,60,000 Per Annum

5). Chitkara University Chandigarh

Chitkara University, located in Chandigarh, Punjab, India was established by the government in 2008. It is a private institution and is accredited by AICTE. The university is a specialist in engineering. the university has a renowned B.Tech program. Through effective teaching techniques and a strong focus on research. Chitkara University excels in extracurricular activities. It has top-of-the-line facilities as well as engaging in international and national collaborations. Chitkara University offers a variety of options for career opportunities, both in the public and private sectors, encouraging an entrepreneurial spirit among its students. In short, Chitkara University is recognized as a bustling hub in research, education, and overall development of its students.

Details of the MBA Course Offered at Chitkara University Chandigarh :-

Degree Offered

Master of Business Administration ( MBA )

Accreditations

NIRF Ranked - 64th

Course Duration

2 Years

Accepted Entrance Exam

  • CAT
  • MAT
  • NMAT
  • XAT
  • CMAT
  • Chitkara University Test

Course Specializations

  • Marketing
  • Finance
  • Logistics & Supply Chain
  • Business Analytics
  • Human Resource
  • Management Healthcare
  • Retail Marketing
  • Pharmaceutical Management

Full Course Fee

INR 2,60,000

Placement Package

INR 8,00,000 Per Annum to INR 42,00,000 Per Annum

What is the Top Government MBA College in Punjab?

1). Punjabi University

Punjabi University Patiala was founded in 1962. Punjabi University is recognized by UGC and has an accredited A grade given by the NAAC. Punjabi University Patiala offers various certificates, including the UG Diploma, Punjabi University Patiala course admission is determined by Merit or entrance test. In the course of Punjabi University placement, More than 141 offers and 25 offers in multiple deals were presented to students. Punjabi University Patiala has collaborated with 14 National and international universities. They are both national and international. Punjabi University has an advanced infrastructure with intelligent and well-equipped classrooms. The campus spans across 600 acres of lush green landscape. Punjabi University Campus is completely Wi-Fi enabled. Below are a few of the highlights from the Punjabi University Patiala.

Details of the MBA Course Offered at Punjabi University :-

Degree Offered

Master of Business Administration ( MBA )

Accreditations

NIRF Ranked - 44th

Course Duration

2 Years

Accepted Entrance Exam

  • CBSE 12TH
  • PSEB 12TH
  • CMAT
  • MET

Course Specializations

  • Finance
  • Human Resources
  • It & System
  • Operations
  • Sales & Marketing
  • Computer Science Engineering
  • Energy & Environment

Full Course Fee

INR 12,30,000

Placement Package

INR 58,48,000 Per Annum

2). IIM Amritsar

The Indian Institute for Management-Amritsar (IIM-Amritsar) Is the 15th Instalment of the Highly Regarded Chain of IIMS Founded Through the Ministry of Education (Formerly Known as the Ministry of Human Resource Development) in Partnership with the Government of Punjab. the 51st Institution to Be Recognized Among the 100 Top Management Institutions Across India, IIM Amritsar Was Established in the Year 2015 and Has Been Awarded the 51st Position Within the NIRF 2023 Management Rankings.

Details of the MBA Course Offered at IIM Amritsar :-

Degree Offered

Master of Business Administration (MBA)

Accreditations

NIRF Ranked - 51TH

Course Duration

2 Years

Accepted Entrance Exam

CAT

Course Specializations

  • Business Analytics
  • Human Resource

Full Course Fee

INR 12,50,000

Placement Package

INR 36,00,000 Per Annum

3). Panjab University (PU CHD)

Panjab University, founded in 1882 as the University of the Punjab Lahore (now in Pakistan), moved to Chandigarh in 1947 after the partition between India and Pakistan. The university, also known as PUCHD, receives funding from both the State and Central Government. It has earned accreditation with a notable 3.68 CGPA on a 4-point scale and has been honored with an A++ rating by NAAC. Comprising 202 affiliated colleges scattered across the entire Punjab region, including a rural Centre in Kauai and three regional centers in Muktsar, Ludhiana, and Hoshiarpur, Panjab University holds the 25th position in the 'University' category and the 44th position in the 'Overall' category in the NIRF Rankings 2023.

Details of the MBA Course Offered at Panjab University (PU CHD) :-

Degree Offered

Master of Business Administration (MBA)

Accreditations

NIRF Ranked - 82TH

Course Duration

2 Years

Accepted Entrance Exam

  • PU
  • MET
  • CAT
  • PU-CET (PG)
  • CBSE 12th
  • PSEB 12th
  • JEE Main
  • JAC Chandigarh

Course Specializations

  • Human Resources
  • Mechanical Engineering
  • International Business
  • Infrastructure
  • HealthCare & Hospital

Full Course Fee

INR  6,20,000

Placement Package

INR 58,48,000 Per Annum

4). Guru Nanak Dev University College

Guru Nanak Dev University College is located in Jalandhar, Punjab, India has been providing education since its outset in 1969. As a state-run college, it has diplomas from AICTE, NAAC, the Government of Punjab, and UGC. The college offers a wide selection of 20 different courses in six streams, which include Commerce, Science, Arts and Management, Banking, and IT. The most sought-after degrees offered at Guru Nanak Dev University College include BSC, B.COM, BBA, BCA, and BA. Guru Nanak Dev University College is proud of its diverse job opportunities that cater to both public and corporate sectors in addition to encouraging the spirit of entrepreneurship in its students. The college's commitment to an integrated education is possible through its broad approach to student growth.

Details of the MBA Course Offered at Guru Nanak Dev University College :-

Degree Offered

Master of Business Administration (MBA)

Accreditations

NIRF Ranking -13

Course Duration

2 Years

Accepted Entrance Exam

  • CBSE 12th
  • PSEB 12th

Course Specializations

  • Computer Science
  • Computer Engineering & Technology
  • Electronics Technology
  • Civil Engineering (UIT)
  • Mechanical Engineering (UIT)
  • Department of Computational Statistics and Data Analytics

Full Course Fee

INR 1,90,000

Placement Package

INR 44,00,000 Per Annum

5). Central University of Punjab

The Central University of Punjab, Bathinda (CUPB) was assembled in 2009 by the paragraph of an Act of Parliament (No. 25 of 2009). It is certified with a grade of "A" by the National Assessment and Diploma Council (NAAC) and is in the top 100 universities in the category of 'University' by the National Institutional Ranking Framework (NIRF) Ranking 2019. CUPB concentrates on research-oriented master's and doctoral degrees and offers a variety of degrees, including Ph.D., MPhil, MSc, MA, M Pharm MTech LLM, M.Ed., and postgraduate diploma programs. The university is divided into 12 schools, which house 31 departments, focusing on an integrated approach to higher education.

Details of the MBA Course Offered at Central University of Punjab :-

Degree Offered

Master of Business Administration (MBA)

Accreditations

NIRF Ranked 100

Course Duration

2 Years

Accepted Entrance Exam

CUET-PG

Course Specializations

  • Agriculture
  • Food business

Full Course Fee

INR 17,200

Placement Package

INR 3,47,000 Per Annum

Finding the Best MBA College in Punjab by Region

S.No

Locations

Number

Name of Colleges

1

Amritsar

7
  • Swami Satyanand College of Management and Technology
  • iim Amritsar, global Institute of Management [Gim] Amritsar

2

Banur

2
  • Gurukul Vidyapeeth Mohali Campus
  • Gurukul Vidyapeeth South Campus

3

Barnala

2
  • Arya Bhatta College Of Engineering And Technology Barnala
4

Bathinda

5
  • Baba Farid College Of Management And Technology
  • Guru Kashi University Bathinda
  • Adesh University Bathinda
5

 Dinanagar 

1
  • Swami Sarvanand Institute Of Management & Technology

6

 Fatehgarh Sahib 

2
  • Sri Guru Granth Sahib World University Fatehgarh
  • Cordia Business School [CBS] Fatehgarh Sahib
7

Firozpur

1
  • Shaheed Bhagat Singh State Technical Campus Ferozepur

8

Gobindgarh

3
  • RIMT University Gobindgarh
  • RIMT Gobindgarh Institute Of Management & Technology
  • RIMT University, School Of Management Studies 

9

Hoshiarpur

1
  • Rayat-Bahra Institute Of Management [RBIMH] Hoshiarpur

10

Jalandhar

13
  •  Lovely Professional University [LPU] Jalandhar
  • IK Gujral Punjab Technical University-[PTU]
  • DAV Institute Of Engineering And Technology [DAVIET] Jalandhar 

11

Khanna

2
  • Punjab Institute Of Management And Technology [PIMT] Khanna
  • AS Group Of Institutions

12

Lalru

1
  • Swami Parmanand Engineering College [SPEC] Lalru

13

Ludhiana

12
  • Punjab Agricultural University [PAU] Ludhiana
  • Ludhiana College Of Engineering And Technology Ludhiana
  • CT University [CTU] Ludhiana

14

Moga

2
  • Lala Lajpat Rai Institute Of Engineering And Technology Moga
  • LLRM Institute Of Management And Computer Science Moga

15

Mohali

20
  • Amity University Mohali, National Institute Of Pharmaceutical Education
  • Sahibzada Ajit Singh Group Of Institutions Mohali 

16

Muktsar

1
  • Malout Institute Of Management And Information Technology

17

Nawanshahr

1
  • Sri Sai Group Of Institutes [SSGI] Pathankot

18

Patiala

8
  • Punjabi University
  • Patiala Institute Of Engineering And Technology For Women
  • College Of Management & Technology Patiala

19

Phagwara

2
  • Lovely Professional University-[LPU]
  • Pyramid College Of Business & Technology Phagwara

20

Rajpura

1
  • Chitkara University

21

Rupnagar

5
  • Rayat Institute Of Management [RIM] Rupnagar
  • Ropar Institute Of Management & Technology
  • Global Group Of Institutions

22

KHARAR

3
  • Doaba Group Of Colleges [DGC] Kharar
  • Rayat & Bahra Institute Of Engineering And BioTechnology
  • University School Of Management Studies

23

Sangrur

3
  • Sant Longowal Institute of Engineering and Technology
  • Bhai Gurdas Institute of Engineering and Technology
  • Bhai Gurdas Institute of Management & Technology

FAQ (Frequently Asked Questions).


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