Top Colleges in Lucknow – Fees, Placements, Rankings 2022
Saurav Anand
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February 10, 2022
With these MBA colleges in Lucknow, the city has become a popular MBA destination. If you are looking for MBA colleges in Lucknow, you should first learn about the top MBA colleges in Lucknow, their admission procedures, credentials, and fees, as well as other important details.
The objective of this article is to provide current and accurate information about the MBA chances in Lucknow, as well as how to apply for admission to Lucknow MBA colleges via various MBA entrance exams, such as CAT, MAH CET, SNAP, and so on. In addition, the list of MBA Institutions in Lucknow presented below includes minimum admission cut-offs, programmes offered, fees, and placements, as well as other important information for top MBA colleges in Lucknow. It is also feasible to gain admission to certain MBA courses in Lucknow without passing an entrance exam.
MBA institutions in Lucknow offer a high-quality MBA programme with outstanding job prospects. In comparison to other cities, Lucknow offers a fantastic learning environment as well as excellent professional chances. MBA institutes that provide high-quality education, making it a popular location for business students.
With the exception of IIM Lucknow, which exclusively takes CAT test scores, most MBA colleges in Lucknow, such as BBDU and Jaipuria, accept CAT, XAT, CMAT, MAT, ATMA, or other exam scores for admission. Admission to Lucknow University’s MBA programme is available through the CAT as well as the university’s own admissions test, the LUMET. If you’re looking for more information on the fees and placements for the best MBA colleges in Lucknow, you’ve come to the right place . Formsadda.com will help you learn everything you need to know about MBA colleges in Lucknow based on extensive research.
Lucknow’s best MBA schools
Lucknow is, without a doubt, one of India’s top MBA destinations. The Top 5 MBA colleges in Lucknow, according to reputable rankings, are
IIM Lucknow
Lucknow University MBA
Jaipuria Institute of Management
School of Management Lucknow (SMS Lucknow)
Amity University
If we broaden this list to include more top MBA colleges in Lucknow, we find Babu Banarsi Das University, Shri Ram Murti Smarak International Business School (SRMS IBS), and Dr. Gaur Hari Singhania Institute of Management & Research, Kanpur.
Top Placements in Lucknow MBA
| Name of College | Course Fee (In Rs) | Average Placement Package (In Rs) |
|---|---|---|
| IIM Lucknow - Indian Institute of Management | 18.55 L | 26 LPA |
| Integral University – IUL | 2.5 L | 2.64 LPA |
| Shri Ramswaroop Memorial University | 2.85 L - 7.55 L | 12 LPA |
| Jaipuria Institute of Management | 9.5 L | 6.49 LPA |
MBA institutes in Lucknow provide students with a career-focused education. Because Lucknow is the state capital of Uttar Pradesh – well connected by air, rail, and road – and is the business hub housing major companies, regional headquarters, and has become the start-up hub for business owners, a large number of candidates pursuing an MBA in Lucknow choose to specialise in Marketing, Finance, IT, E Commerce, Consulting, and related fields.
CDRI, NDDB, ITRC, NHDC, CIMAP, NBRI, RDSO, PCDF, U.P. Export Corporation, SIDBI, PICUP, HAL, Tata Motors, Scooters India, Sony Corporation, Reliance Retail, CII, TCS), HCL Technologies are among the biggest companies and financial institutions in Lucknow. Microsoft has partnered with Trendsetterz, a Lucknow-based startup, to promote Office 2013 as a line of business application in the state. xiffe.com, Healthtokri.com, 300stories.com, InMotion Media, and MeraDoctor are some of the city’s other startups. As a result, getting an excellent MBA in Lucknow is a wise move.
Top Government and Private Colleges in Lucknow
List of Top Private and Government MBA Colleges in Lucknow
Private colleges are funded using the endowments and donations received by private organisations/ individuals. While the public/ government colleges are funded by the government bodies. Check the space below for the list of few private and public MBA colleges in Lucknow with the course fees.
List of Private MBA Colleges in Lucknow
Name of Private MBA College in Lucknow
1. Babu Banarasi Das University
2. Sri Ram Murti Smarak International Business School (SRMS)
3. School of Management Sciences
4. Amity University, Lucknow
5. Ambalika Institute of Management and Technology
Sales and Marketing, Finance, Human Resources, IT & Systems, International Business, Operations, Travel & Tourism Management, Agriculture and Food Business, Supply Chain, Rural Management, and more specialisations are available at MBA colleges in Lucknow. Finance and Sales and Marketing are the most popular MBA specialisations in Lucknow, with an equal number of colleges providing these MBA specialisations. Human Resources is also a course provided by MBA institutes in Lucknow.
In Lucknow, there are 87 MBA colleges, with 76 private and 11 government colleges.
Top entrance examinations such as the UPSEE MBA, CAT, MAT, and XAT are used to get into these universities. Colleges associated with Dr. APJ Abdul Kalam Technical University accept these exams as well (UPTU). The following is a list of the best UPTU MBA colleges in Lucknow.
In Lucknow, the typical MBA fee is between INR 1-2 lakh, with certain universities charging less and some charging more. For one year, IIM Lucknow charges INR 7,13,000 in fees.
Top Lucknow MBA Colleges: Return on Investment (Return on Investment)
When it comes to choosing the best MBA schools, the return on investment is critical. It tells you how profitable it is to enrol in a specific college and course. It allows you to compare your return on investment to others. The top MBA colleges in Lucknow, ranked by return on investment, are listed below.
| College Name | Average Annual Fees | Average Placement Package | ROI Rank* |
|---|---|---|---|
| IIM Lucknow | INR 7,13,000 | INR 14,40,000 | 1 |
| BN College | INR 1,20,000 | INR 2,00,000 | 2 |
| Integral University | INR 1,25,000 | INR 2,00,000 | 3 |
| Jaipuria Institute | INR 4,75,000 | INR 6,70,000 | 4 |
| SRMS | INR 4,88,000 | INR 5,50,000 | 5 |
| Amity University | INR 4,10,000 | INR 3,00,000 | 6 |
(Average Placement Package)/ (Average Annual Fees) 100% ROI Percentage
Even in terms of return on investment, IIM Lucknow is the best MBA college in Lucknow. The institute costs an average annual fee of INR 7,13,000 and offers an average placement package of INR 14,40,000. Examine the IIM Lucknow Admissions Requirements.
BN College of Engineering and Technology and Integral University are two other top MBA colleges in Lucknow in terms of return on investment.
Students at the University of Lucknow, a state university, can expect a decent return on their investment.
Only Amity University provides a 73.17 percent return on investment. It costs an annual fee of INR 4,10,000 and provides a placement package worth INR 3,00,000.
Top MBA Colleges in Lucknow: Admission Process
In Lucknow, there are 76 private MBA colleges and 11 public MBA colleges. These colleges mostly accept scores from MBA admission tests such as UPSEE, CAT, XAT, and GMAT, and analyse performance in rounds of Personal Interview (PI) and Group Discussion (GD) (GD).
The following table describes the number of MBA colleges in Lucknow which accept the scores of different MBA entrance exams.
| Exam name | Number of Colleges Accepting Score |
|---|---|
| UPSEE MBA | 29 |
| CAT | 20 |
| MAT | 19 |
| XAT | 14 |
| CMAT | 13 |
| UPSEE | 9 |
| ATMA | 6 |
Lucknow’s Indian Institute of Management (IIM)
IIM Lucknow was founded in 1984 and is one of the first IIMs envisioned by Pandit Jawaharlal Nehru. It has demonstrated to be one of India’s greatest institutes.
In 2005, it became the first IIM to open a satellite campus in Noida, Delhi NCR.
The Association of MBAs (AMBA), a London-based international certifying body, has given the institute’s PGPM, WMP, and IPMX programmes accreditation.
It provides a two-year Postgraduate Program in Sustainable Management (PGP-SM) and an agribusiness monitoring program (PGP-ABM).
A two-year Executive Fellow Program in Management (EFPM) and a two-year FPM Program are also available at the institute.
It also has several unique executive programmes, such as the DGMP, which trains ex-military personnel.
The following are some key details about placements at IIM Lucknow.
In 2021, it was able to place 100% of students in only three days, with a total of 443 pupils placed.
Amazon, Accenture, Udaan, The Boston Consulting Group, and Bain & Company are the top five recruiters.
More than 140 domestic and international companies are participating in the campus drive.
| Establishment year | 1984 |
| Ownership | Public/ Autonomous |
| Ranking | - 4 for IIMs by NIRF 2020 - 5 for IIMs by Outlook 2020 |
| Location | Lucknow, Uttar Pradesh |
| Faculty members | 90+ |
| Membership and accreditations | AACSB, AMBA |
| Number of courses | 5+ |
| Type of courses offered | PG, Doctoral, Short-Term courses |
| Exams accepted | PGP, PGP-ABM, PGP-SM: CAT PGPWE: PGPWE Entrance Exam / CAT / XAT / GATE/ GMAT IPMX: GMAT FPM: CAT/ GATE/ GRE/ GMAT or JRF/ SRF (UGC NET/CSIR NET/ICAR) E-FPM: CAT/ GATE/ GMAT/ GRE /JRF (qualified)/ PGPWE Entrance Exam |
| Scholarships | Need-based, Fellowship grants |
| Top recruiters | Accenture, Amazon, American Express, Asian Paints, Axis Capital, Colgate Palmolive, Deloitte, Ernst and Young, Flipkart, Goldman Sachs, ICICI Bank, Investec, ITC and Uber, among others |
| Gender intake | Co-ed |
| Highest salary (2020) | Rs 54 LPA (Domestic) Rs 58.47 LPA (International) |
| Average salary (2020) | Rs 24.25 LPA |
| Mode of education | Full-time, Part-time |
| Modes of application | Online |
| Official website | iiml.ac.in |
Lucknow University MBA
The university also offers MBA programme in a self-financed mode. The admission process and specialization is same as the regular one. Lucknow University MBA fees along with its specializations are given below
| Course | Specialization | Total Fee (in lakh) |
|---|---|---|
| MBA Regular/Self-financed | Marketing, HR, Finance & Control, International Business, Entrepreneurship & Family Business | Rs 1.92 (Regular) Rs 3.24 (Self-financed) |
Jaipuria Institute of Management Lucknow
Jaipuria Institute of Management, Lucknow is a well-known private institute that was founded in 1995 and is ranked second among the Top MBA Colleges in Lucknow by numerous reputable ranking organizations.
It has campuses in Lucknow, Jaipur, Indore, Noida, and Calcutta, for a total of five.
It is accredited by the NAAC, the National Board of Accreditation (NBA), and the Association of Indian Universities, among others (AIU).
Financial Services, Marketing, Retail Management, and Service Management are among the PGDM programmes offered by the institute. It also has a Management Fellowship Program (FPM).
98 percent of students in the 2019 batch received pre-placement offers from various industries.
Amazon, Deloitte, Colgate Palmolive, ITC, E&Y, Genpact, and Asian Resources are among the institute’s top recruiters.
| Year of establishment | 1995 |
| Campus | Lucknow |
| Campus size | 2 acre |
| Recognised by | AIU, NAAC (‘A’ Grade), AICTE, NBA |
| College rankings (2021) | ● Ranked 26th among private B-Schools in India (MBA Universe,2021) ● Ranked 26th among private B-Schools in India (Careers360,2021) ● Ranked 27th among private B-Schools in India (CSR-GHRDC,2021) |
| Modes of education | Full-time |
| Number of courses offered | 4 courses |
| Exams accepted | CAT/ CMAT/ MAT/ GMAT/ XAT |
| Total no. of seats | 360 |
| No. of scholarships | 5 |
| Average / Highest salary offered (year) | - Domestic - Rs 19.18 LPA - International - Rs 27 LPA |
| Official website | www.jaipuria.ac.in/campuses/jaipuria-lucknow/ |
| Gender intake | Co-ed |
| Application mode (when admissions are open) | Online/Offline |
| Total faculty | 35+ |
SRMS International Business School Lucknow (SRMS IBS)
Shri Ram Murti Smarak (SRMS) Trust founded SRMS International Business School in 1996.
It offers a two-year Post-Graduate Diploma in Management (PGDM) with specialisations in banking, marketing, finance, international business, human resource management, and information technology.
In addition, PGDM students receive 15 industry-related certifications.
The entire batch goes on an industrial visit to Dubai and Mumbai to gain relevant global and corporate experience.
The college offers world-class facilities, including air-conditioned hostels and a 16-acre Green WiFi Campus on the Lucknow-Kanpur Highway.
More than 100 local and foreign recruiters offer 100% pre-placement at the institute.
The cheapest package is INR 4 lakh, the average package is INR 5.5 lakh, and the most expensive plan is INR 16 lakh.
| Type of institute | Private |
|---|---|
| Year of establishment | 1996 |
| Approved by | AICTE (for MBA) |
| Courses offered | MBA, BBA, BCom |
| Ranking | 50 for MBA by Times 2020 |
| Flagship programme | MBA |
| Programme type (MBA) | Residential, full-time |
| Exams accepted | CMAT/ ATMA/ SNAP/ CAT/ XAT/ GMAT/ MAT |
| Campus area | 16 acres |
| Hostel | Separate hostels for girls and boys |
| Application mode | Online and Offline |
| Admission criteria | Entrance-based or merit-based |
| Gender intake | Co-ed |
| Salary offered | Highest: Rs 10 LPA Average: Rs 5 LPA |
| Total/ type of scholarships offered | 2 - Merit scholarship for UG courses - Merit scholarship for PG courses |
| Official website | www.srms.ac.in |
| Location | 34 Km on Lucknow Kanpur Highway, Ashakhera Lucknow - 209859 Uttar Pradesh, India |
Shri Ram Murti Smarak International Business School Admission
Admission to Shri Ram Murti Smarak International Business School is based on both entrance exam for MBA programme and is merit (in the qualifying exam) based for UG courses. Candidates seeking admission can fill the application form both online or download it from the official website of the Institution and submit it offline.
1. SRMS IBS MBA admission done on the basis of valid scores in one among CMAT, XAT, ATMA, CAT, SNAT, GMAT, MAT exams
2. Shortlisted candidates are required to go through a personal interview round for final admission
3. For BBA, BCA and BCom (Hons), admission is offered on the basis of a qualifying merit score in Class 12
Shri Ram Murti Smarak International Business School Courses
SRMS IBS offers a two-year, residential MBA programme at PG level in various specialisations such as Banking, Marketing, Finance, International Business and Human Resource Management and Information Technology. In addition to its flagship MBA course, it offers BBA and BCom programme at UG level. The below table mentions the minimum eligibility and fee structure for all courses at Shri Ram Murti Smarak International Business School
| Course | Eligibility Criteria | Total Fee structure (in Rs) |
|---|---|---|
| MBA - Banking - Marketing - Finance | - A pass in any bachelor’s degree or equivalent with a minimum of 50% aggregate - Candidates appearing in the final year of their bachelor’s degree are also considered for provisional admissions, subject to furnishing successful evidence of passing their graduation by August 31 of the academic session | 2,90,000 |
| BBA | A pass in Class 12 | 1,47,000 |
| BCA | ||
| BCom (Hons) |
Amity University Lucknow
The MBA programme is available in five different specialisations, each lasting two years. The University currently offers over 40 programmes in a variety of fields, including engineering, science, arts, commerce, management, design, and law, among others. The University also provides distance learning programmes through its Online and Distance Learning schools, in addition to full-time programmes. Because English is the medium of instruction for all of the university’s courses, it is a required subject at the 10+2 level. Every year, Amity University awards scholarships to over 25,000 students across its many campuses.
| M&S | International Business |
|---|---|
| Human Resource | Entrepreneurship & Finance |
| MBA (3 Continent) | -- |
Amity University elegibility criteria and fees
| Course | Entrance Exam/ Eligibility | First Semester Fee |
|---|---|---|
| MBA (Applications open) | Bachelor’s degree with an aggregate of 50% Qualifying exams: CAT/MAT / CMAT/ GMAT AMCAT | INR 2,16,000- INR 2,96,000 |
Top MBA Colleges entrance criteria
Top MBA Colleges in Lucknow, Rank Ordered by Entrance Exam
Students can apply for both national level entrance tests like CAT and state-level entrance tests like UPSEE to get into the best MBA colleges in Lucknow. We’ve organised the colleges below by the entrance exam scores they accept.
Lucknow’s Best MBA Colleges Accepting CAT Scores The Common Admission Test (CAT) is a computer-based exam used to get admission to management institutes across India. Verbal Ability and Reading Comprehension (VARC), Data Interpretation and Logical Reasoning (DI&LR), and Quantitative Ability are the three portions of the test (QA).
In India, around 2 lakh students apply for the CAT every year.
It is organised by one of India’s 20 IIMs. CAT will be held at IIM Indore in 2021.
Only one in ten pupils achieves the 90th percentile.
The following are some of the best MBA colleges in Lucknow that accept CAT scores
Indian Institute of Management Lucknow (IIM)
Jaipuria Institute of Management Lucknow
SRMS International Business School Lucknow (SRMS IBS)
UPSEE Scores Accepted by Top MBA Colleges in Lucknow
The Uttar Pradesh State Entrance Examination (UPSEE) is a state-level entrance exam for colleges that offer post-graduate management programmes.
Every year, the Dr. APJ Abdul Kalam Technical University hosts it.
Only 11,543 of the 1.7 million students who registered for the exam in 2019 were able to pass it and apply for post-graduate management courses.
Exams can be conducted both online and offline. There are 100 questions in total, and you have 2 hours to complete them.
Some of the top MBA Colleges accepting CMAT Scores are
- Jaipuria Institute of Management, Lucknow
- SRMS International Business School – [SRMS IBS], Lucknow
Top MBA Colleges in Lucknow, Rank Ordered by Placement
The average placement compensation offered by Lucknow’s top MBA colleges ranges from INR 5 lakh to INR 14 lakh, with the majority of colleges obtaining 100% placement.
The following graph depicts the average placement package offered by Lucknow’s top MBA schools.
Rank Ordered by Placement of the Top MBA Colleges in Lucknow
The average placement compensation granted by Lucknow’s top MBA colleges is between INR 5 lakh and INR 14 lakh, with the majority of colleges achieving 100% placement.
The average placement package offered by Lucknow’s top MBA schools is depicted in the graph below.
Top Finance MBA Colleges in Lucknow
It’s the industry that offers a variety of financial services to both retail and commercial consumers. Real estate, insurance, investment firms, and banks are all included. The following are some of the best finance MBA institutes in Lucknow:
Lucknow’s Jaipuria Institute of Management
Lucknow’s SRMS International Business School (SRMS IBS)
Lucknow’s SRM Business School (SRMBS)
HR MBA Colleges in Lucknow are among the best in the country.
In any corporation or organisation, it is the department in charge of staff development and management. In Lucknow, there are 58 colleges that provide post-graduate programmes in the field of human resources.
The following are some of the best HR MBA institutes in Lucknow
Lucknow’s SRMS International Business School (SRMS IBS)
Lucknow’s SRM Business School (SRMBS)
Top MBA Colleges in Lucknow: Rankings 2022
The top universities are ranked by several ranking agencies such as Economic Times, NIRF, The Week, and others based on various criteria such as educational quality, research work, graduation outcomes, and placements.
These rankings are based on many categories such as city, state, stream, and so on. Top MBA Colleges in Bangalore, Top MBA Colleges in India, and so on are some instances of such lists. Some of these ranking lists are included below.
NIRF Ranking of the Best MBA Colleges in Lucknow
The National Institutional Ranking Framework (NIRF), an organisation under the Ministry of Human Resources Development, ranks the top MBA institutions in Lucknow based on Teaching, Learning, and Resources, Research and Professional Practice, Graduation Outcomes, Perception, and Outreach and Inclusion.
IIM Lucknow has been named the best MBA college in Lucknow by NIRF.
In India, the institute is ranked fourth overall. The institute’s status has stayed unchanged, since it was placed fourth in 2020 as well.
Apart from IIM, Jaipuria Institute of Management is the only MBA college in Lucknow that has been listed by NIRF.
The institute is ranked second in the city and 73rd in the country. It did not take part in the 2018 poll.
The Outlook Ranking of the Best MBA Colleges in Lucknow
The Indian Centre for Academic Rankings and Excellence (ICARE), a government-approved rating agency, conducts the outlook ranking poll. It assigns a ranking to public and private MBA programmes based on the following criteria:
Faculty-Student Ratio Faculty-Student Ratio Faculty-Student Ratio Faculty-Student Ratio Faculty (FSR)
Faculty Experience (Corporate/Teaching) and Number of PhD Faculty Median Employment and Salary
Gender Equality
Regional Variation