List of Top Management Colleges/Universities in Punjab 2024-2025: Rankings, Fees, Courses, Admission, Placements, Cutoff

Written By universitykart team | Last updated date May, 27, 2024

Top management colleges in Punjab- Check here the list of the top and best Management universities and colleges in Punjab with fee structure, cut-off, admission process, ranking, brochure, placements, entrance exams, and eligibility criteria.

Pursuing an MBA/PGDM degree from top management colleges in Punjab is the dream of most youths in India. There are around 500 B-schools in the state of Punjab, of which 46 are government colleges. Lovely Professional University, Chandigarh University, Thapar Institute of Engineering and Technology, Indian Institute of Management Amritsar, Chitkara University, etc. are some of the well-known and top management colleges in Punjab. NIRF (National Institutional Ranking Framework) has released its list of the top 100 management colleges in India and it includes these 5 colleges from Punjab.

Recently the craze of management has increased among students who want to make their career in the private sector. They know that pursuing courses like BBA, MBA, or PGDM from top management colleges in Punjab can open a world of opportunities for them. You can pursue management courses in Punjab at the undergraduate or graduate level and increase your employability to get better and high-paying jobs. Major multinational companies gather every year at the top management colleges in Punjab for hiring and offer lucrative salary packages.

Top Management Colleges in Punjab Highlights 2024-2025

Top B-schools in Punjab offer great education and placement opportunities to their students. Most of the students get placed over major companies like Google, Amazon, Microsoft, Apple, Deloitte, Tata Consultancy Services, Wipro, Tata Consultancy Services, etc. Here are some of the key highlights of top management colleges in Punjab:

  • Punjab University recorded the highest package for an MBA in 2023 as INR 58.48 LPA which is a 10% increment from last year.
  • IIM Amritsar students got an average package of INR 16.51 LPA while the highest salary stood at INR 36.25 LPA.
  • Lovely Professional University recorded a 90% placement of management students and the highest salary offered was INR 29.7 LPA.
  • 858 recruiters at Chandigarh University campus Placement 2023 hired 9,124 students and the highest salary was INR 54.75 LPA.
  • Thapar Institute of Engineering and Technology offers 90% MBA placement and their highest MBA package of 2023 is INR 40 LPA.
  • Chitkara University Business School has recorded the highest MBA salary package at INR 42 LPA in 2022.

Top Management Colleges in Punjab: NIRF Ranking

According to the latest NIRF ranking, out of 100 top management colleges in India, 5 are from the state of Punjab. Here is a list of all the NIRF-ranked management colleges in Punjab:

College Name NIRF 2023 NIRF Score
Lovely Professional University 32 56.44
Chandigarh University 36 55.98
Thapar Institute of Engineering and Technology 49 51.67
Indian Institute of Management, Amritsar 51 51.30
Chitkara University 64 49.80

Management Courses in Punjab

Punjab is home to some of the best B-schools in the country and they provide several management courses with various specializations depending on the student's educational qualification. Some of the most sought-after management courses offered by top management colleges in Punjab are

Undergraduate Programs (BBA/BBM) - This program is designed for class 12 pass-out students and teaches them the basics of business management in several specializations like HR, Finance, Accounting, Hotel or Hospitality management, etc.

Postgraduate Programs (MBA) - It is a master's program and currently the most desirable postgraduate degree in India and abroad. It is designed to give students deep knowledge about problems and challenges of the corporate world and their solutions.

Diploma in Management (PGDM) - It is an AICTE-approved diploma in management for graduates. It is similar to an MBA course with a more practical and hands-on approach to managerial-level problems and their solution. It is best suited for candidates with 2 or 3 years of working experience.

Undergraduate Programs (BBA/BBM)

Students with regular graduation degrees have a limited amount of career opportunities. However, students with professional courses like BBA, BCA, Mass communications, etc. have better chances of getting good jobs. So most undergraduates now understand the fact that they need some skills and they are choosing BBA as a basic management degree.

BBA students from top management colleges in Punjab get the benefit of campus selection and job offers from major companies. Top B-schools in Punjab not only educate students in particular business specialization but also provide placement assistance. Students also see BBA as a foundation for an MBA, since most of the graduates from all streams are choosing to pursue an MBA.

Any student can opt for BBA after class 12 from a recognized college or institute. BBA students from top management colleges in Punjab have many career options in a variety of fields such as marketing, finance, human resources, banking, etc. BBA is quickly becoming the most sought-after undergraduate degree that is both intriguing and lucrative.

Top BBA Colleges in Punjab Eligibility

BBA is a professional course that sets students on the right path to employability and success. Most of the top BBA colleges offer campus placement with a handsome salary at top companies. So if you want to pursue a BBA degree from the top management colleges in Punjab, you need to fulfill some eligibility criteria.

Students must be a class 12 or 10+2 pass out and have a minimum of 50% aggregate marks from any recognized board or university. Although, students are not required to take any entrance tests to get admission to the top management colleges in Punjab for BBA. However, top BBA colleges offer admission through a merit list and students with more numbers get accepted early.

Top Management Colleges in Punjab for BBA

BBA is a great way of gaining insight into business management and it does create lots of job opportunities. Undergraduates these days are choosing to do professional courses instead of regular graduation degrees because it not only provides job opportunities but also prepares them for courses like MBA or PGDM.

Here is a list of top management colleges in Punjab that offer BBA/BBM courses for 12th pass:
Name of the College Tuition Fees Rating
Lovely Professional University - [LPU], Jalandhar INR 4,80,000 8.9
Chandigarh University - [CU], Chandigarh INR 4,23,000 8.7
Thapar School of Liberal Arts and Sciences - [Thapar University], Patiala INR 14,00,000 8.5
Chitkara University - [CU], Patiala INR 3,90,000 8.4
Panjab University - [PU], Chandigarh INR 57,710 8.2

Top Government Management Colleges in Punjab for BBA

Punjab is home to some of the best government BBA colleges in India, which makes it a difficult task to select the right one. So we have compiled a list of some of the top management colleges in Punjab that offer excellent education and placement.

Below table contains vital information about some of the best BBA colleges in Punjab:

College Name Tuition Fee/Year Rating
Panjab University - [PU], Chandigarh INR 57,710 8.2
Maharaja Ranjit Singh Punjab Technical University, Bathinda INR 1,13,550 7.8
Guru Nanak Dev University - [GNDU], Amritsar INR 57,700 7.2
Punjab Institute of Technology - [PITR], Rajpura INR 1,10,400 6.8
Government Ranbir College, Sangrur INR 77,304 6.5

Top Private Management Colleges in Punjab for BBA

There are several top private BBA colleges in Punjab that offer quality education and placement. It can be hard to choose the right college with so many options. We have created a list of privately run top management colleges in Punjab that offer BBA:

College Name Tuition Fee Rating
Lovely Professional University - [LPU], Jalandhar INR 4,80,000 8.9
Chandigarh University - [CU], Chandigarh INR 4,23,000 8.7
Thapar Institute of Engineering and Technology - [Thapar University], Patiala INR 14,00,000 8.5
Chitkara University - [CU], Patiala INR 3,90,000 8.4
Punjab College of Technical Education - [PCTE], Ludhiana INR 1,43,550 8.1

Postgraduate programs (MBA)

Master of Business Administration is the most favorite postgraduate course in India and abroad. Most of the graduates are pursuing an MBA to get better positions and salary. It is a mass favorite and top management colleges in Punjab get a huge rush every year for MBA admissions.

Several top MBA colleges in Punjab offer placement to the top MNCs with lucrative packages that encourage students to pursue this course. It is a 2-year management program for students with a graduation degree in any stream. They are taught about the management challenges and crises most companies face and how to efficiently overcome them.

MBA has various specializations like Finance, Marketing, Accounts, Human Resources, etc. that deal with different aspects of a company. There is a high demand for management professionals who can efficiently manage the company resources and give the best results. MBA students from top management colleges in Punjab get starting salary packages up to 58.48 LPA.

Top Management Colleges in Punjab For MBA: Eligibility

Master of Business Administration (MBA) is a major course and students need to fulfill some basic eligibility criteria to pursue this course from top management colleges in Punjab:

(i) All MBA aspirants must have a graduation degree in any stream from any recognized college or university.

(ii) Students are required to score at least 50% marks or equivalent CGPA in the final semester or exam in graduation.

(iii) Final-year students waiting for results after exams are also eligible to apply for an MBA but they need to produce the final mark sheet before admission.

(iv) Applicants also need to pass some nationalized or state-level entrance exam to get admission to top MBA colleges in Punjab.

Top Management Colleges in Punjab For MBA: Entrance Exams

MBA is a professional course that can set you up for life. It can get you the best job at a top multinational company with various benefits. So it would be normal if you faced some competition to get admission to an MBA. You will have to clear some of these entrance exams to secure your seat at top management colleges in Punjab:

  1. CAT (Common Admission Test)
  2. MAT (Management Aptitude Test)
  3. XAT (Xavier Aptitude Test)
  4. CMAT (Common Management Admission Test)
  5. CUSAT (Chandigarh University Scholarship Aptitude Test)

Top MBA Colleges in Punjab with NIRF Ranking

NIRF is a national database of top educational institutions and it ranks colleges according to their education, placement, fees, facilities, faculties, etc. 5 of Punjab management colleges were included in the list of top 100 Indian management colleges. If you also aspire to pursue an MBA from Nirf ranked top management colleges in Punjab then check the below table for the list:

NIRF 2023 College Name NIRF Score
32 Lovely Professional University 56.44
36 Chandigarh University 55.98
49 Thapar Institute of Engineering and Technology 51.67
51 Indian Institute of Management, Amritsar 51.30
64 Chitkara University 49.80

Top Govt. MBA Colleges in Punjab

Most students prefer to pursue an MBA from government colleges because they have big campuses, top faculties, libraries, better placements, etc. So if you want to go to the top management colleges in Punjab for your MBA then we have compiled a list of the best colleges:

Government Colleges Total Tuition Fee
IIM Amritsar - Indian Institute of Management, Amritsar INR 17,30,000
Panjab University - [PU], Chandigarh INR 4,79,600
Dr BR Ambedkar National Institute of Technology - [NIT], Jalandhar INR 1,40,000
Guru Nanak Dev University - [GNDU], Amritsar INR 2,77,030
National Institute of Pharmaceutical Education and Research - [NIPER], Mohali INR 3,35,200

Top Private MBA Colleges in Punjab

Private MBA colleges are well maintained, and advanced, and have the latest curriculum and competitive faculties that groom students according to the demand of companies. They secure the best salary packages at campus placement and that’s why students aspire to join these private top management colleges in Punjab:

Private Colleges Total Tuition Fee
Lovely Professional University - [LPU], Jalandhar INR 9,60,000
Chandigarh University - [CU], Chandigarh INR 5,00,000
Thapar Institute of Engineering and Technology - [Thapar University], Patiala INR 10,21,400
Chitkara University - [CU], Patiala INR 7,00,000
Punjab College of Technical Education - [PCTE], Ludhiana INR 1,59,500

ROI of Best MBA Colleges in Punjab

ROI is a major qualifying factor for the selection of any MBA college. If you also want to pursue an MBA from the top management colleges in Punjab then you should check the ROI of the college before the admission.

ROI stands for the Return on Investment which means the ratio of the total amount you paid for the course and the salary you get after placement. MBA is a big step in any student’s life not because it is a costly degree but also because you need to invest two years of your life.

The below table contains the ROI of top MBA colleges in Punjab which will give you a clear picture of what kind of salary you can expect after completing your MBA.

College Name Tuition Fee Average Package
IIM Amritsar - Indian Institute of Management, Amritsar INR 17,30,000 INR 20.57 LPA
Lovely Professional University - [LPU], Jalandhar INR 9,60,000 INR 8 LPA
Chandigarh University - [CU], Chandigarh INR 5,00,000 INR 7.62 LPA
Thapar Institute of Engineering and Technology - [Thapar University], Patiala INR 10,21,400 INR 7.01 LPA
Panjab University - [PU], Chandigarh INR 4,79,600 INR 8.5 LPA

Top MBA Colleges in Punjab Accepting CAT Score

CAT is one of the toughest entrance exams in India and most of the top management colleges in Punjab and India accept the CAT score for MBA admission. Hundreds of thousands of students appear for this entrance test every year hoping to get admission to top MBA colleges. Here are some of the facts about the Common Admission Test (CAT):

  1. The CAT exam is conducted online and has a total of 100 questions and the exam lasts for 3 hours. The question paper can be divided into three sections.
  2. 34 Questions will be based on Quantitative Analysis, 34 questions will be based on Verbal Ability and Reading Comprehension, and 32 questions will be based on Data Interpretation and Logical Reasoning.
  3. The CAT exam is held at more than 300 centers across numerous cities around the nation.
Top management colleges in Punjab that accept CAT scores:
  1. IIM Amritsar - Indian Institute of Management, Amritsar
  2. Lovely Professional University, Jalandhar
  3. Chandigarh University - [CU], Chandigarh
  4. Chitkara University, Patiala
  5. Dr. BR Ambedkar National Institute of Technology, Jalandhar
  6. Punjab Institute of Management and Technology, Fatehgarh Sahib

Ranking Does Not Make A College Great

Ranking is a great way to compare colleges but it does not make a college great or vice-versa. NIRF has ranked top management colleges in Punjab but it does not mean that other colleges are not so good and you should not join any college that does not have the NIRF ranking.

Many top colleges all over India did not make it to the NIRF ranking but they provide good education and placement. Other factors matter too like College location, fees, faculties, facilities, recruitment partners, placements, etc. ROI is also a major deciding factor because most of the NIRF-ranked colleges have high tuition fees and this greatly reduces the ROI.

Diploma in Management (PGDM):

Post Graduate Diploma in Management is a 2-year AICTE-approved diploma in management. It is an MBA alternative and is offered in various specializations by top management colleges in Punjab. It is an internationally recognized degree specially designed to groom students according to the latest demand of the companies.

This course is regularly reviewed by Industry leaders and professors to meet the requirements of the companies. This is why it is gaining massive popularity despite being a diploma course. Students with PGDM degrees are getting placed at top multinational companies with higher salary packages.

This course is best suited for candidates with a minimum of 3 years of experience. It can increase their employability and help them get better positions. It can also offer abroad placement and various domestic and international employers prefer PGDM over MBA.

How To Choose the Best Management College in Punjab

If you are still confused about which top management colleges in Punjab you should go to then you only need to answer a few simple questions to solve this problem.

  1. Is it a government college or a private college?
  2. Are you comfortable with the college location?
  3. Is your choice of course or stream available?
  4. Can you afford the college fees?
  5. Can you get a student loan for admission to that college?
  6. How good is the ROI of the college?
  7. What is the average percentage of placement?
  8. What companies get to the college for campus selection?

Top Management Colleges in Punjab: FAQs

Ques. Which is the best MBA college in Punjab?

Ans. According to the NIRF Ranking, Lovely Professional University is the top Management college in Punjab followed by Chandigarh University and Thapar Institute of Engineering and Technology.

Ques. What is the fee for an MBA in Punjab? 

Ans. There are various top management colleges in Punjab and the course fee for an MBA degree is around 1.5 lakh to 17 lakh depending on the college.

Ques. Which are the Top Management Colleges in Punjab For BBA? 

Ans. Lovely Professional University, Chandigarh University, Thapar School of Liberal Arts and Sciences, Chitkara University, etc. are some of the top management colleges in Punjab for BBA.

Ques. What are the Entrance exams for Top Management colleges in Punjab?

Ans. If you are planning to pursue an MBA from the Top management colleges in Punjab then you need to enroll for the CAT, MAT, XAT, CMAT, and CUSAT.

Ques. Is Lovely Professional University good for an MBA?

Ans. Yes, Lovely Professional University is quite good for an MBA and it has been ranked by NIRF for the management category at the 32nd position.

Ques. What is the duration of a full-time MBA degree?

Ans. A full-time MBA degree takes two whole years or 4 semesters.

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