Top 10 MBA Colleges in Punjab- As Per NIRF Ranking, Fees, Placements

Doing an MBA is an important decision that a business leader may make during his career. Punjab provides a few reputable options to pursue an MBA due to its fine educational ecosystem. NIRF Ranking by the Ministry of Education, Government of India, lists these colleges in order from best to worst concerning teaching, learning and resources, research and professional practice amongst other factors. If you are searching “top MBA in Punjab”, here is an elaborative overview of “top 10 MBA colleges in Punjab” as per the NIRF ranking along with their fees, placement records, specializations offered etc.

S. No Collage name Fees Salary Nirf NAAC
1 IIM Amritsar 13 – 15 lakh 14.63 LPA 47 A
2 TSM Patiala 8 -10 lakh 6-7 LPA 56 B
3 LPU Jalandhar 4-6 lakh 5-6 LPA 46 A++
4 UBS chandigarh 1 -2 lakh 9-10 LPA 25 A+
5 Chandigarh uni gharuan 3-4 lakh 6-7LPA 36 A+
6 Amity uni mohali 6-8 lakh 5-6 LPA 101 A+
7 CT uni ludhiana 3 -4 lakh 4-5 LPA 151 A+
8 Rayat bhara uni mohali 2-3 lakh 3-4 LPA 42 B+
9 CBSchool rajpura 6-7lakh 6-7LPA 111 A+
10 GNDU Amritsar 1-2 lakh 5-6LPA 48 A++

 

List of Top 10 MBA Colleges in Punjab As Per NIRF Ranking

  1. Indian Institute of Management (IIM) Amritsar

IIM Amritsar finds its place as the primary choice of the aspirants enrolling for an MBA in Punjab owing to its rigorous academics, academically and professionally experienced faculty, and liaising with corporate companies

Tuition Fees: ₹13-15 lakhs

Placement Records: IIM Amritsar recorded a good 100% placement record in its latest batch with an average package of ₹ 14.63 lakhs per annum.

Specializations Offered: Finance, Marketing, Operations, Human Resource Management, Business Analytics

  1. Thapar School of Management, Patiala

Part of the prestigious Thapar Institute of Engineering and Technology, this college boasts a strong legacy in management education.

Tuition Fees: ₹8-10 lakhs

Placement Records: Placement is pretty good, with an average package of ₹6-7 lakhs per annum.

Specializations Offered: Marketing, Finance, Operations, IT Management

  1. Lovely Professional University (LPU), Jalandhar

LPU is one of the well-recognized names in higher education in India, drawing students from far and wide across the country.

Tuition Fees: ₹4-6 lakhs

Placement Records: LPU has aggressive placements. On campus, the average package lies around ₹5-6 lakhs per annum.

Specializations Offered : Finance, Marketing, Human Resources, International Business

  1. Punjab University business School (UBS), Chandigarh 

UBS is one of the departments of Punjab University that has become known for quality education with highly experienced faculty members.

Tuition Fees : ₹1-2 lakhs

– Placement Records : The average package is approximately ₹9-10lakhs per annum.

Specializations Offered: Marketing, Finance, Operations, Human Resource Management

  1. Chandigarh University, Gharuan

Chandigarh University is one of those very few emerging academic institutions with very good academic programs, coupled with excellent placement assistance.

– Tuition Fees: ₹3-4 lakhs

Placement Records : The average placement package offered is roughly around ₹6-7 lakhs per annum.

Specializations Offered :  Finance, Marketing, International Business, Human Resource Management

  1. Amity University, Mohali

The Mohali Campus of Amity University offers a fabulous MBA course with a strong and convincing curriculum along with an experienced faculty.

Tuition Fees : ₹6-8 lakhs

Placement Records : The university has always maintained a record with an average package of ₹5-6 lakhs/annum.

Specializations Offered : Finance, Marketing, International Business, Human Resources

  1. CT University, Ludhiana

Known for its modern teaching methodology and unique curriculum, CT University is fast gaining popularity as the most desired destination for MBA aspirants.

Tuition fees:₹3-4 lakhs

Placement Records :The average package stands at ₹4-5 lakhs per annum.

Specialisation Provided : Finance, Marketing, Operations, Business Analytics

  1. Rayat Bahra University, Mohali

A reputed university providing various specializations in MBA with good placement support.

-Tuition Fees :  ₹2-3 lakhs

Placement Records : The average package for an MBA graduate is around ₹3-4 lakhs per annum.

Specializations Offered :  Marketing, Finance, Human Resources, IT Management

  1. Chitkara Business School, Rajpura

One of the finest business schools with top industry linkages and pragmatic-oriented curriculum.

– Tuition Fees : ₹6-7 lakhs

Placement Records :  The average placement package is around ₹6-7 lakhs per annum.

Specialization Offered : Finance, Marketing, Operations, Human Resource Management

  • Guru Nanak Dev University (GNDU), Amritsar

GNDU’s Department of Management Studies is value-for-money education with industry-oriented curriculum.

-Tuition Fees : ₹1-2 lakhs

Placement Records : The average package offered was about ₹5-6 lakhs per annum.

Specializations Offered: Finance, Marketing, Human Resource Management, IT Management

Is Admission To Top MBA Colleges in Punjab Worth It?

The answer is absolutely yes. “Top 10 MBA colleges in Punjab” offer excellent academic environments, industry exposures, and networking opportunities.

They have well-designed curricula relating to both the theoretical and practical aspects of management, which ensures that the students will be adequately equipped to tackle the challenge thrown by the corporate world.

The overall infrastructure, strong placement records, and industry linkages give them a very high return on investment.

Admissions into these institutions are considered value for money regarding the student’s decision to pursue a career in business management.

Top 10 MBA Entrance Exams Accepted by Colleges in Punjab

To secure admission to any of the “top MBA colleges in Punjab,” aspirants need to clear either the national or state-level entrance examinations.

The following are some of the major exams commonly accepted:

Common Admission Test: IIM Amritsar, Thapar School of Management, Punjab University, among several other top colleges accepts the tests.

Management Aptitude Test: It is accepted through a wide range of colleges, starting from Lovely Professional University and Chandigarh University, amongst many more.

Xavier Aptitude Test: Held by a few institutions like Chitkara Business School and Amity University. Common Management Admission Test: It finds its common applicability for universities such as GNDU, CT University, and Rayat Bahra University.

Punjab MET (Management Entrance Test) :  This is conducted for some state universities like Punjab University only.

Top 10 MBA Colleges in Punjab Admission Eligibility

On the whole, “eligibility for the top 10 MBA colleges in Punjab” includes the following:

  1. Educational Qualification: Graduation with at least 50% marks (45% marks for reserved categories) from any recognized University.
  2. Entrance Exam Score : A valid score in any of the national or state-level MBA entrance exams like CAT, MAT, XAT, or CMAT.
  3. Work Experience : Work experience is given preference in some colleges, though it is not compulsorily necessary in every case.
  4. GD/PI Rounds : The candidates are shortlisted based on scores and generally need to appear for GD and PI rounds.

PLACEMENT RECORDS OF TOP MBA COLLEGES IN PUNJAB

The “placement records of the top 10 MBA colleges in Punjab” have always been good, hence attracting a lot of students towards them.

Almost 100% placements are recorded in colleges like IIM Amritsar and Thapar School of Management, among others.

Top recruits include companies such as Amazon, Deloitte, EY, KPMG, and Tata Consultancy Services.

The average salary package for different colleges and specializations varies from ₹4 lakhs to ₹15 lakhs per annum.

While these figures outline the strength of these institutions in making their students job-ready, the facilitation extended by many colleges through internships, live projects, industry tie-ups, and so on, is immense.

And, in fact, this is one of the major reasons for such robust placement records.

Specialization Offered by Top 10 MBA Colleges in Punjab

The “top 10 MBA colleges in Punjab” offer a wide variety of specializations, and thus students will definitely be able to choose an area of concentration based on their career objectives.

Some of the most common specializations available are as follows:

– Finance:  It offers courses in banking, investment, and financial analysis as career options for the pursuing students.

– Marketing: This course deals with studies in sales, digital marketing, product management, and branding.

– Human Resources Management : Prepares students for careers in talent management, recruitment, and organizational development.

– Operations : For those who wish to work in logistics, supply chain management, and operational efficiency

– Business Analytics : An increasingly important field dealing with the analyses of data for better business decisions

– International Business : Give you insight into global practices and prepares you for international responsibilities

IT Management : Deals with information technology and systems management within organizations.

Conclusion

It is of utmost importance that an appropriate MBA college be chosen for better career prospects.

The top 10 MBA colleges of Punjab, as mentioned in the article along with their NIRF ranking, will serve as a great starting point for aspiring aspirants in the field of MBA.

From comprehensive programs to strong placement records and multiple specializations, these institutes keep students ahead of others to achieve professional goals.

Be it the robust curriculum at IIM Amritsar or the innovative teaching methodology at CT University, “top 10 MBA colleges in Punjab” will fit diverse needs and aspirations for which these become worth consideration for any serious MBA aspirant.

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