Looking for the best MBA colleges in Lucknow? Look no further! We have a detailed article covering this topic. If you are thinking about pursuing an MBA, Lucknow has many options for you. There are various colleges and universities in the city that offer MBA and other postgraduate management programs. These include both government and private institutions.
Table of Contents
The cost of management education in Lucknow is affordable. Many reputed colleges offer the course at reasonable fees. Also, these colleges provide essential student facilities and support for placements. So, keep reading to discover more details about the best MBA colleges in Lucknow. Let’s get started!
What is an MBA?
If you are interested in helping businesses grow and you are good at planning, an MBA might be the right choice for you. It is a popular program. A huge number of students are currently pursuing it. This shows how much people like it.
In today’s world, MBA has become a leading program. It creates a lot of excitement in the job market. With an MBA, you can explore exciting career options like Entrepreneur, Business Specialist, and Marketing Analyst.
Eligibility Criteria for an MBA
To apply for MBA courses in Lucknow, you will need to meet some basic requirements. You must have graduated from a recognized university. You should also have achieved a minimum aggregate score of 50% in your graduation. So, if you are considering pursuing an MBA in Lucknow, make sure you meet these criteria.
Once you have checked off the basic eligibility requirements for the management institution, the next step is to look at the entrance exam scores they accept. Different universities and colleges have their own set of entrance exams they consider valid.
Lucknow universities may even have their exams. The most common national entrance exam scores accepted by many business schools and management institutions include CAT, MAT, XAT, CMAT, and GMAT. So, please check which exams your desired institution accepts and prepare accordingly.
In your search for MBA colleges in Lucknow, it’s crucial to meet the necessary eligibility criteria and also explore options in other cities such as Bangalore. For insights into MBA colleges in Bangalore, check out our detailed article.
Admission Process for MBA Colleges in Lucknow
To get into an MBA college in Lucknow, follow these steps:
- First, make sure you meet the course requirements.
- Then, take a management aptitude test. It could be national, state, or from the college itself.
- Your exam results will determine if you can proceed further.
- If you perform well on the exam, you will move on to group discussions or personal interviews for final selection.
List of Top 10 Best MBA Colleges in Lucknow
You have got 10 top-notch MBA colleges if you are considering attending one in Lucknow. Let’s have a look at them.
1. Jaipuria Institute of Management
Jaipuria Institute of Management in Lucknow is a part of the renowned Jaipuria group. It is a top choice for pursuing an MBA in the city. It is a privately owned institution with prestigious accreditations like AICTE, NBA, and AACSB recognition. It is ranked among the top 100 management institutes in India by NIRF.
The institute offers a 2-year MBA program with specializations in areas like Marketing Management, Finance Management, HRM, Family Business, and Entrepreneurship. Admissions are based on entrance exam performance in CAT, XAT, MAT, and CMAT.
The MBA program’s fee ranges from Rs 12 lakhs to 13 lakhs. It is known for its excellent placements. Jaipuria Institute of Management provides amazing learning support to its students.
- Course Fees: Rs 12,00,000
- Accreditations: AICTE, AACSB, NBA, AIU, NIRF
- Accepted Entrance Exams: CAT, MAT, XAT, CMAT
- Placement Package: Rs 12,00,000 per annum
2. Shri Ram Murti Smarak International Business School (SRMS IBS)
SRMS IBS is a private business school in Lucknow. It is approved by AICTE for offering technical courses. It is a well-known and prestigious institution in Uttar Pradesh.
At SRMS IBS, you can pursue an integrated MBA program with a Post Graduate Program (MBA-PGM). It covers various management specializations like marketing, finance, human resources, international business, and IT management.
To apply, you can either qualify for the UPSEE or pass a management entrance exam. The course fee is around Rs 3 lakhs. It is quite affordable compared to other institutions. Also, the college offers excellent placement support.
- Course Fees: Rs 300,000
- Accreditations: AICTE
- Accepted Entrance Exams: UPSEE (Uttar Pradesh State Entrance Examination), CAT, CMAT, MAT, XAT, ATMA, GMAT, SNAP
- Placement Package: Rs 500,000 per annum
3. School of Management Sciences
At the School of Management Sciences, Lucknow (SMS-Lucknow), you will find an AICTE-approved business institute. They offer quality management education. They cater to both undergraduate and postgraduate students. It is known for their modern learning tools and support.
SMS Lucknow provides a full-time MBA program with five specializations at an affordable fee of around Rs 1.4 lakhs. You can even pay in installments through EMI.
To apply, you can qualify through major management entrance exams like CAT, MAT, XAT, ATMA or UP’s UPCET and UPSEE, or take the SMS Entrance Test.
Their MBA curriculum is up-to-date with industry standards. It aims to enhance your employability. With a decent placement record, SMS-Lucknow collaborates with over 1500 top companies to offer graduates excellent job opportunities.
- Course Fees: Rs 140,000
- Accreditations: AICTE, NAAC (B++)
- Accepted Entrance Exams: CAT, MAT, XAT, ATMA, UPCET, UPSEE, SMS Entrance Test
- Placement Package: Rs 450,000 per annum
4. IIM Lucknow
IIM Lucknow is among India’s top management institutions. It ranks sixth according to NIRF. It is consistently in the top 10 nationwide and holds prestigious accreditations like AACSB and AMBA.
Pursuing an MBA from IIM Lucknow is a great choice, not just in Lucknow but throughout India. They offer a Post Graduate Program in Management (PGPM) which is equivalent to an MBA.
They offer various specializations like decision sciences, communication, and innovation. The course fee is around Rs 13 lakhs. But the placement opportunities offer excellent Return on Investment.
- Course Fees: Rs 13,00,000
- Accreditations: NIRF, AMBA, AACSB
- Accepted Entrance Exams: CAT
- Placement Package: Rs 23,50,000 per annum
5. University of Lucknow
The University of Lucknow (LU) is a prestigious educational institution in Uttar Pradesh, India. It is known as a top-notch university. It is accredited by AICTE for its technical courses.
LU offers a full-time MBA program with specializations in marketing, finance, human resources, international business, family business, and entrepreneurship. Admission is based on your performance in the Lucknow University Management Entrance Test (LUMET).
Choosing LU for your MBA in Lucknow can be a smart move because the fees are comparatively affordable. But, the return on investment is high. It is possible because of the top placement opportunities available through its strong network.
- Course Fees: Rs 350,000
- Accreditations: UGC, AICTE, NAAC A+
- Accepted Entrance Exams: Lucknow University Management Entrance Test (LUMET)
- Placement Package: Rs 600,000 per annum
6. Integral University
Integral University in Lucknow is a private institution. It is accredited by the UGC and is known for its quality education. It offers a 2-year MBA program at the postgraduate level.
To apply, you can either clear the CMAT entrance exam or take the university’s entrance test, IUET. The MBA program covers specializations like agriculture and food business management, healthcare and hospital management, supply chain management, digital marketing management, and travel and tourism management.
The course fee ranges from Rs 1 lakh to 3.6 lakh. This makes it affordable for students. The university provides a good return on investment, with students recovering their costs in less than a year.
- Course Fees: Rs 100,000 to Rs 360,000
- Accreditations: UGC
- Accepted Entrance Exams: CMAT, IUET
- Placement Package: Rs 400,000 per annum
7. Techno Institute of Management Sciences
The Techno Group of Institutions comprises private educational centers known for their high standards and industry-focused education. Techno Institute of Management Sciences (TIMS) offers a full-time 2-year MBA program approved by the AICTE.
You can specialize in areas like marketing, finance, HRM, IT management, IB management, and operations management. The course fee is affordable, around Rs 1.2 lakhs.
The university is well-regarded for its educational services. TIMS also offers satisfactory placement opportunities after completing the degree. This ensures a good return on investment.
- Course Fees: Rs 120,000
- Accreditations: AICTE
- Accepted Entrance Exams: CAT, MAT, XAT
- Placement Package: Rs 400,000 per annum
8. Institute of Engineering and Technology
The Institute of Engineering and Technology, Lucknow (IETLucknow) is known for its engineering courses. It also offers an MBA degree. It is recognized by AICTE and the NBA.
To get into the MBA program, you will need to do well in the CUET-PG exam. The course fee is approximately Rs 1.6 lakhs. With high placement records, it offers a good return on investment for students.
- Course Fees: Rs 160,000
- Accreditations: AICTE, NBA
- Accepted Entrance Exams: CUET-PG
- Placement Package: Rs 370,000 per annum
9. Babasaheb Bhimrao Ambedkar University
Babasaheb Bhimrao Ambedkar University was established in 1996. It is a top-tier central university in Uttar Pradesh. It is recognized as an ‘A’ grade institution by NAAC.
It ranks among India’s top 80 management institutions according to NIRF. BBAU holds accreditations from NCTE, UGC, and AICTE.
The MBA program at BBAU offers AICTE-approved PG degrees in six specializations. They include marketing, finance, HRM, innovation, entrepreneurship, venture development, defense studies, and strategic management.
Admission is based on your academic and professional background. You don’t need an entrance exam score to apply. BBAU’s MBA program integrates placements.
They provide ample career exploration opportunities and decently-paid job prospects. With top companies partnering with the university, the Return on Investment for MBA graduates from BBAU is quite high.
- Course Fees: Rs 140,000
- Accreditations: UGC, NCTE, NAAC ‘A’ Grade, NIRF, AICTE
- Accepted Entrance Exams: Minimum Eligibility
- Placement Package: Rs 500,000 per annum
10. Amity University
Amity University is a top private university in India It offers high-quality education in various fields. This includes management. It is accredited by UGC, NAAC (A+), AICTE, WASC, etc. It provides an MBA program that can enhance your management career.
At Amity University’s Lucknow campus, you can pursue an MBA in areas like Marketing and Sales, Human Resources, Finance, International Business, and Entrepreneurship. The MBA course fee ranges from Rs 9 lakhs to 13 lakhs.
Admissions are based on national-level management entrance exams like CAT, XAT, MAT, CMAT, etc. If you are looking to excel in management, Amity University could be the right choice for you.
- Course Fees: Rs 900,000 to 13,00,000
- Accreditations: UGC, NAAC A+, AICTE, WASC
- Accepted Entrance Exams: CAT, XAT, MAT, CMAT, NMAT, GRE
- Placement Package: Rs 500,000 per annum
Advantages of an MBA Degree
An MBA is a popular and in-demand degree. If you are interested in management, it could be a great choice for you. It teaches you about business strategies and tactics. This makes you well-versed in Management & Business Studies.
Studying for an MBA gives you hands-on experience in real-world business scenarios. Whether you are starting your venture or enhancing an existing one, it is invaluable. You need to showcase both your skills and your degree in the job market. This combination can lead to significant career advancement.
Frequently Asked Questions
1. How to choose the right MBA colleges in Lucknow?
Before making a decision, check if you meet the eligibility criteria. You should look into the cut-off marks required for admission:
– Consider the fee structure
– See what kind of placements the college offers to graduates
– Check out the faculty members
– Look into the accreditation and ranking of the college
– Consider the infrastructure and location of the college
2. How many MBA courses are present in India?
In India, more than 3000 B-Schools are offering over 50 MBA programs. These programs focus on various functions or industry sectors. The most sought-after MBA courses in India include MBA Marketing, Finance, Human Resource Management, and MBA International Business.
3. What is the most important factor for an MBA admission?
When you are applying for MBA programs, there are several important factors to consider. Your GMAT or GRE scores, undergraduate GPA, professional experience, and essays all play a crucial role in the admission process. These aspects help you show your qualifications for the program.
Conclusion
If you are looking for the best MBA college, you should think about Lucknow. They have top-notch government and private MBA colleges known across the country.
These colleges offer excellent opportunities for career growth. If you consider them, it will be a smart move for you. Graduating from MBA colleges in Lucknow can shift your career forward.
Add Comment