Best MBA Colleges in Punjab: Fees, Admissions, NIRF Ranking 2024, Courses, Placements

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Best MBA Colleges in Punjab: Fees, Admissions, NIRF Ranking 2024, Courses, Placements

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On Best MBA Colleges in Punjab: Fees, Admissions, NIRF Ranking 2024, Courses, Placements

Q:   How many colleges in Punjab offer MBA?

A: 

There are about 200 best MBA colleges in Punjab. Of these,  133 colleges are privately owned, 24 colleges are owned by public/government organisations, and public-private entities own 7 MBA colleges. CMAT, MAT, CAT, and XAT are some of the most accepted entrance exams in top MBA colleges in PunjabChandigarh University, LPU, IIM Amritsar, Panjab University, LM Thapar School of Management, Gian Jyoti Institute of Management and Technology, etc. are some of the popular MBA colleges in Punjab.

Q:   Which is the No. 1 MBA college in Punjab?

A: 

Chandigarh University emerged as the top MBA college in Punjab followed by other colleges. Listed below is the NIRF ranking of past three years:

College Names

NIRF 2022

NIRF 2023

NIRF 2024

Chandigarh University Ranking

40

36

36

LPU Ranking

34

32

38

IIM Amritsar Ranking

55

51

47

Panjab University Ranking

67

82

92

Q:   Is it worth joining the top MBA colleges in Punjab?

A: 

Joining the top MBA colleges in Punjab can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Names

Total Tuition Fee

Annual Average Package

LPU MBA

INR 8 Lacs – INR 10 lakh

INR 6 LPA – INR 7 LPA

IIM Amritsar MBA

INR 13 Lacs - INR 14 lakh

INR 16 LPA

GNA University MBAINR 2 lakhINR 5 LPA

LM Thapar School of Management MBA

INR 9 Lacs – INR 10 lakh

INR 5 LPA

Gian Jyoti Institute of Management and Technology MBA

INR 2 lakh

INR 4 LPA

Q:   What are the affordable MBA colleges in Punjab?

A: 

It is estimated that joining the top MBA colleges in Punjab might be affordable as most colleges have tuition fees in between INR 1-2 lakh. Listed below are some of the affordable colleges along with their tuition fees of less than INR 1 lakh:

Low-cost MBA CollegesTuition Fee
D.A.V. UniversityINR 88,000
University Business School, ChandigarhINR 48,000
Central University of PunjabINR 20,000
University Business School, LudhianaINR 43,000
D.A.V. College JalandharINR 39,000
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Q:   What is the placement package offered to MBA graduates in Punjab?

A: 

The table below shows the average placement package offered by top recruiters who participated in top MBA colleges in Punjab:

College Names

Annual Average Package

Top Recruiters

Gian Placements

INR 6 LPA – INR 7 LPA

Microsoft, Google,  Infosys, L&T, Amazon, HCL, IBM, TCS,  ICICI Bank, etc.

IIM Amritsar Placements

INR 16 LPA

Aon, Accenture, Adani Group, MAQ Software, etc.
GNA University PlacementsINR 5 LPATCS Tokiyo, Data Brick, DRDO, Infosys, etc.

LM Thapar School of Management Placements

INR 5 LPA

Xiaomi, Xebia, Accenture, Reliance, Tech Mahindra, Wipro, etc.

Gian Jyoti Institute of Management and Technology Placements

INR 4 LPA

HDFC Bank, Axis Bank, Pepsico, Wipro,  ICICI Prudential,  etc..

Q:   What is the eligibility criteria for admission to MBA colleges in Punjab?

A: 

The eligibility criteria for MBA course may differ from college to college. However, the basic eligibility criteria for MBA college in Punjab are as follows. The candidates:

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university
  • Most of the Pune institutes follow the minimum score criteria of 50% aggregate in graduation or equivalent. For reserved category students, the minimum score is 45% aggregate.
  • For admissions, students can also take entrance exams like MAT, CAT, CMAT, and many others.

Q:   Is CAT exam tough for an average student?

A: 

CAT is a speed based test which is designed to assess a candidate's analytical aptitude, logical reasoning skills, data interpretation and English comprehension. Now, it may sound tough, but these are the skills which we are taught in school so there is nothing new to learn. What is required is to learn these subjects at advanced level. If you are an average student but have studied Science or commerce in Class-12 and graduation, you will find a lot of familiar topics in Data Interpretation, Quantitative Aptitude and Logical Reasoning. All you will need is brush up the basics and practice the concepts on advance level problems.

However, since the competition is so high in CAT and less than 95 percentile can break your dream of joining a top college like IIM, the preparation for CAT requires a lot of focus, dedication, discipline and diligence. If you can do that, despite being an average student, you can crack the CAT exam.

Q:   Is there any negative marking in the XAT exam?

A: 

Yes, the XAT exam has negative marking of -0.25 marks for wrong attempt. Unanswered questions have no negative marking but if there are 8 consecutive unanswered questions, 0.10 marks will be deducted. Thus, the candidates must select questions to solve very carefully in the XAT exam. They should solve only those questions which they know they can solve accurately. The XAT exam has sectional time limit too, so you may not want to waste time on a question that you cannot solve accurately. You stand to lose both time and marks. So be careful in selecting questions in the XAT exam.  The sectional cut off for XAT is usually 80 percent accuracy. Practice a lot of mock tests to develop this skill.

 

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Q:   Are six months enough to prepare for XAT?

A: 

There is no set time limit to prepare for XAT exam, but you need a minimum of six months for preparation. Ideally candidates need to start XAT preparation by April, however, if they start by June or July too, they can complete the syllabus within time and have ample time for practice of sample papers and mock tests. In order to utilize six months that you have for XAT preparation, do the following:

  • Make monthly, weekly and daily time tables to study and don’t deviate from that routine.
  • Start with subjects which you are your weak spots. We suggest start with studying Quantitative Aptitude and English.
  • For Reading Comprehension, read editorials of newspapers and magazines every day. Read fiction, non-fiction, autobiographies, etc. for strengthening English vocabulary and comprehension.
  • Download MBA exam preparation apps on your phone so that you can revise topics, solve reasoning or English puzzles anywhere when you get time.

 

Q:   What are the top specialisations offered by MBA colleges in Punjab?

A: 

The table below shows the top specialisations offered by various MBA colleges in Punjab:

Top SpecialisationsNo. of Colleges
Human Resources79
Finance78
Sales & Marketing78
IT & Systems40
Operations19

Q:   What are the top government colleges in Punjab that offer MBA?

A: 

The table below shows the government MBA colleges in Punjab with fee structure:

Public/Government Colleges

Total Tuition Fee

IIM Amritsar Admission

INR 13 Lacs - INR 14 lakh

Panjab University Admission

INR 88,000 – INR 6 lakh

University Business School, Chandigarh Admission

INR 48,000 – INR 2 lakh

Guru Nanak Dev University Admission

INR 2 Lacs – INR 7 lakh

Central University of Punjab Admission

INR 20,000

Central4 Jalandhar Admission

INR 2 lakh

Q:   How much percentile is a good score in CAT exam?

A: 

The CAT (Common Admission Test) is a highly competitive entrance exam for admission to various management programs offered by top business schools in India. The percentile score in CAT exam is based on the relative performance of the test taker compared to all the other test takers.

The cutoff percentile for admission to top business schools varies from year to year and also depends on factors such as the number of candidates, difficulty level of the exam, and the number of available seats. In general, a percentile score of 90 or above is considered a good score and can help you secure admission to some of the top business schools in India. However, to increase your chances of admission to the top-tier business schools, a percentile score of 95 or above is preferred.

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