Punjab, recognized for its lively culture and academic distinction, has become an expanding center for management education in North India. The state hosts esteemed institutions such as Lovely Professional University (LPU), Chandigarh University, Punjab Agricultural University (PAU), and Guru Nanak Dev University (GNDU), which offer MBA programs tailored to industry needs and boast excellent placement prospects.
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List of Top MBA Colleges in Punjab
1. Indian Institute of Management (IIM), Amritsar
Overview
Established in 2015, IIM Amritsar is among the newest but fastest-growing IIMs in India. Within a short time, it has gained national recognition for academic excellence, global faculty, and corporate exposure.
Courses & Specializations
- MBA
- MBA in Business Analytics, HR
- Executive MBA
Eligibility & Admission
- Graduation with at least 50% marks
- Admission through CAT followed by WAT & PI
Fee Structure
βΉ21.50 Lakhs
Placement Highlights
- Average Package: βΉ19.73 LPA
- Highest Package: βΉ58.52 LPA
- Recruiters: Amazon, Deloitte, Accenture, Infosys, EY
Facilities
State-of-the-art classrooms, libraries, computer labs, sports complexes, and student exchange programs.
2. University Business School, Guru Nanak Dev University, Amritsar
Overview
University Business School (UBS) at GNDU Amritsar is one of the oldest and most reputed business schools in Punjab. With experienced faculty and strong research culture, it has consistently produced skilled managers.
Courses & Specializations
- MBA (Finance, HR, Marketing)
- Master of Tourism & Travel Management
- Master of Hotel Management and Catering Technology
Eligibility & Admission
- Graduation with minimum 50%
- Admission via GNDU GMET + Group Discussion/Interview
Fee Structure
βΉ3.05 - 4.25 Lakhs (approx.)
Placement Highlights
- Average Package: βΉ6.37 LPA
- Recruiters: HDFC, ICICI, TCS, Infosys, Airtel
Facilities
Library, hostels, modern classrooms, and entrepreneurship development cell.
3. Guru Nanak Institute of Management and Technology, Ludhiana
Overview
GNIMT Ludhiana is a popular institute offering quality management education with an industry-oriented curriculum. It focuses on practical training through case studies, seminars, and corporate workshops.
Courses & Specializations
- MBA with dual specializations in Marketing, HR, Finance.
Eligibility & Admission
- Bachelor’s degree with 50% marks
- Admissions are conducted in accordance with AICTE guidelines and Punjab Government Reservation Policy.
Fee Structure
βΉ1.95 Lakhs
Placement Highlights
- Average Package: βΉ3 - 5 LPA
- Recruiters: Infosys, HDFC Bank, Axis Bank, Byju’s
Facilities
Computer labs, libraries, sports, industry tie-ups, and student clubs.
4. Shaheed Udham Singh Group of Institutions, Tangori (Mohali)
Overview
SUS Group of Institutions is well-known in Punjab for offering MBA programs that blend theoretical knowledge with practical exposure. The institute emphasizes leadership, entrepreneurship, and innovation.
Courses & Specializations
- MBA in Marketing, Finance, IT
Eligibility & Admission
- A bachelor’s degree in any discipline from a recognized university or institution.
Fee Structure
βΉ1.60 Lakhs
Placement Highlights
- Average Package: βΉ3 - 4 LPA
- Recruiters: Tech Mahindra, Wipro, HDFC, Infosys
Facilities
Hostel, modern classrooms, library, industry visits, and incubation centers.
5. Sri Sukhmani Group of Institutes, Derabassi
Overview
Located near Chandigarh, Sri Sukhmani Group of Institutes is recognized for its holistic approach to management education. It provides students with opportunities for innovation and research.
Courses & Specializations
- MBA in Finance, HR, Marketing
Eligibility & Admission
- Graduation with 50% marks
- Admission via CMAT/MAT/XAT/GMAT
Fee Structure
βΉ1.22 Lakhs
Placement Highlights
- Average Package: βΉ5 LPA
- Recruiters: Infosys, Cognizant, HDFC, TCS
Facilities
Wi-Fi campus, hostels, transport, and library with digital resources.
6. Kanya Maha Vidyalaya, Jalandhar
Overview
KMV Jalandhar, an autonomous women’s institution, provides MBA programs tailored to empower women in business and entrepreneurship.
Courses & Specializations
- MBA in HR, Marketing, Finance
Eligibility & Admission
- Bachelor’s degree with 50% marks
- Admission via MAT/CMAT or direct admission
Fee Structure
βΉ32,000 (approx.)
Placement Highlights
- Average Package: βΉ2 LPA
- Recruiters: ICICI Bank, HDFC, Amazon, Flipkart
Facilities
Modern infrastructure, women-focused skill development programs, and hostel facilities.
7. Swami Vivekanand Institute of Engineering & Technology (SVIET), Banur
Overview
SVIET Banur offers management education that combines technical exposure with business skills. The MBA program is designed to prepare students for leadership roles in corporate sectors.
Courses & Specializations
- MBA in Finance, HR, Marketing, Entrepreneurship, and International Business
Eligibility & Admission
- Admission is generally determined through merit or entrance examinations conducted by the respective institution.
Fee Structure
βΉ2 Lakhs
Placement Highlights
- Average Package: βΉ5-7 LPA
- Recruiters: Infosys, Wipro, HDFC, Deloitte
Facilities
Campus with Wi-Fi, sports complexes, libraries, hostels, and industry tie-ups.
8. Dr. B.R. Ambedkar National Institute of Technology (NIT), Jalandhar
Overview
NIT Jalandhar is one of the top NITs in India and is highly reputed for technical and management education. The MBA program here focuses on research, innovation, and leadership.
Courses & Specializations
- MBA in Marketing, HR, Finance
Eligibility & Admission
- Graduation with 60% marks
- Admission via CAT/MAT/CMAT
Fee Structure
βΉ1.5 - 2 Lakhs (approx.)
Placement Highlights
- Average Package: βΉ5 - 6 LPA
- Recruiters: Infosys, Deloitte, Wipro, TCS
Facilities
Research centers, advanced libraries, hostels, and modern labs.
9. National Institute of Pharmaceutical Education & Research (NIPER), Mohali
Overview
NIPER Mohali is India’s premier institute for pharmaceutical studies and management. It offers specialized MBA programs in Pharmaceutical Management, preparing students for leadership roles in pharma and healthcare industries.
Courses & Specializations
- MBA in Pharmaceutical Management
Eligibility & Admission
- Graduation in Pharmacy/Science/Management streams
- Admission via NIPER-JEE
Fee Structure
βΉ2.5 - 3 Lakhs (approx.)
Placement Highlights
- Average Package: βΉ6 - 8 LPA
- Recruiters: Sun Pharma, Cipla, Lupin, Dr. Reddy’s
Facilities
Pharma labs, research centers, library, hostel, and healthcare industry tie-ups.
10. Bhai Gurdas Institute of Engineering and Technology, Sangrur
Overview
Bhai Gurdas Institute offers management programs that focus on skill development and employability. The institute is known for its student-centric teaching style.
Courses & Specializations
- MBA in Finance, Marketing, Human Resource Management, Operations Management, Business Analytics, and Management Information Systems.
Eligibility & Admission
- Graduation with 50% marks
Fee Structure
βΉ1.28 Lakhs
Placement Highlights
- Average Package: βΉ3 - 4 LPA
- Recruiters: HDFC, Infosys, Byju’s, Axis Bank
Facilities
Library, labs, hostels, auditorium, and placement assistance.
Comparison Table
College | Exam Accepted | Fees (Approx.) | Avg Package | Top Recruiters |
---|---|---|---|---|
IIM Amritsar | CAT | βΉ21.50 L | βΉ19.73 LPA | Amazon, Deloitte |
UBS GNDU | GNDU GME | βΉ3.05 - 4.25 L | βΉ6.37 LPA | ICICI, Infosys |
GNIMT | - | βΉ1.95 L | βΉ3 - 5 LPA | HDFC, Axis Bank |
SUS Group | - | βΉ1.60 L | βΉ3 - 4 LPA | Wipro, Tech Mahindra |
Sri Sukhmani Institute | CMAT/MAT/XAT/GMAT | βΉ1.22 L | βΉ5 LPA | Cognizant, Infosys |
KMV Jalandhar | MAT/CMAT | βΉ32,000 | βΉ2 LPA | Amazon, ICICI |
SVIET Banur | - | βΉ2 L | βΉ5 - 7 LPA | Deloitte, HDFC |
NIT Jalandhar | CAT/MAT/CMAT | βΉ1.5 - 2 L | βΉ5 - 6 LPA | Infosys, TCS |
NIPER Mohali | NIPER JEE | βΉ2.5 - 3 L | βΉ6 - 8 LPA | Sun Pharma, Lupin |
Bhai Gurdas Institute | MAT/CMAT | βΉ1.28 L | βΉ3 - 4 LPA | Byju’s, Axis Bank |
Eligibility Criteria for MBA in Punjab
-
Bachelor’s degree in any discipline with at least 50% marks (45% for SC/ST/OBC)
-
Valid score in CAT / MAT / CMAT / XAT / NMAT / University Entrance Exams
-
Some universities offer direct admission based on merit
Admission Process
-
Entrance Exam: Appear for CAT/MAT/CMAT or university-level test
-
Shortlisting: Based on exam score, academics, and work experience
-
GD/PI/WAT: Group Discussion, Personal Interview, and Written Test
-
Final Selection: Composite score including entrance exam, academics, and PI performance
Why Choose Punjab for MBA?
- Diverse Institutes: From IIM Amritsar to pharma-focused NIPER Mohali.
- Affordable Education: Multiple options with reasonable fees.
- Growing Corporate Hub: Opportunities in agriculture, pharma, IT, and finance.
- Cultural Exposure: A vibrant student life in a culturally rich state.
FAQs
Q1. Which is the best MBA college in Punjab?
IIM Amritsar is the best in terms of rankings and placements.
Q2. What is the average MBA fee in Punjab?
Fees range between βΉ1.5 Lakhs to βΉ18 Lakhs.
Q3. Which MBA specialization is best in Punjab?
Finance, Marketing, HR, and Pharma Management are popular.
Q4. What is the scope of MBA in Punjab?
Huge opportunities in pharma, IT, banking, and agriculture sectors.
Q5. What is the average placement package in Punjab MBA colleges?
It ranges between βΉ3 LPA to βΉ17 LPA.
Q6. Are there women-only MBA colleges in Punjab?
Yes, KMV Jalandhar offers specialized programs for women.
Q7. Is Punjab a good destination for MBA?
Yes, because of diverse institutes, growing industries, and affordability.
Punjab has become an attractive choice for MBA candidates, providing a variety of options, including prestigious institutions such as IIM Amritsar and NIPER Mohali, as well as budget-friendly universities like UBS GNDU, GNIMT, and SVIET.
With cost-effective education, robust connections to industry, and rich cultural experiences, Punjab guarantees that MBA students are thoroughly equipped for opportunities both at home and abroad.