Lucknow, the capital state in Uttar Pradesh, is one of the best places in India to study management and one of the most sought-after destinations for pursuing an MBA degree. The city boasts almost 90 institutions that run MBA programs, thereby drawing many hopeful students looking to achieve their successful career dreams in business and management. These colleges are both private and government-owned and offer wide specializations and facilities.
Lucknow is home to top institutes, namely, IIM Lucknow, Jaipuria Institute of Management, Babasaheb Bhimrao Ambedkar University or BBAU, and Amity University Lucknow; among others. In this blog post we will discuss the top MBA colleges in Lucknow along with the fees, placement services and other everything. Keep reading to understand more about the MBA colleges in Lucknow!
MBA Admission Entrance Exams In Lucknow:
Currently, the admissions to any MBA colleges in Lucknow is mainly done on the basis of national level management entrance examinations which is of course, CAT, MAT, CMAT, XAT, and ATMA are the most popular exams. These tests assess candidates’ abilities in the different areas such as quantitative aptitude, verbal ability, logical reasoning, and data interpretation.
Preparations for these tests require focused and consistent effort over a period of six to nine months where most of the aspirants would spend most of their time in mastering the key concepts, trying some mock tests, and playing on problem-solving strategies.
Latest News On The MBA Entrance Exams
The following has emerged for the academic session 2024-25:
- Application forms for CMAT 2025 are out now. The last date for receiving application forms is December 13, 2024, and the CMAT 2025 exam is scheduled to be conducted on January 25, 2025.
- Application window for ATMA 2025 for the December session will be closed on December 9, 2024. The ATMA 2025 exam will take place on December 22, 2024.
- MAT 2024 registration is provided for sessions CBT Phase 1, PBT, and CBT Phase 2. The respective dates are: December 7, December 14, and December 22, 2024.
Highlights of MBA Education in Lucknow
An MBA is a postgraduate program wherein the duration of the course is two years, which prepares a student for leadership roles in different businesses. The courses will cover all the important aspects of the management side of the business, which will include finance, marketing, human resources, operations, and organizational behavior.
An MBA degree from the premium institutions of Lucknow comes with experienced faculty, a strong industry connection, and a number of diverse career opportunities. Here are some of the key features of pursuing an MBA from Lucknow
Key features of MBA education in Lucknow include:
- Diversified Fee Structure: The significant difference in fees from different colleges is mind-boggling. Government colleges charge less than 1 lakh, while the private ones cross even 5 lakhs.
- Most Sought Specializations: Major specialisations includes Finance, Marketing, Human Resource, Operations, Business Analytics, etc.
- Excellent Placement Records: The chances of getting excellent placements in Lucknow colleges are quite high as many companies from various industries recruit students in Lucknow.
Best MBA Colleges in Lucknow
1. Indian Institute of Management (IIM) Lucknow
IIM Lucknow is one of the country’s most prominent MBA colleges in Lucknow and one of the best management institutions which constantly features in the top business schools in the country. It offers a two-year full-time MBA program, along with specializations in finance, marketing, operations, etc.
IIM Lucknow has a stiff curriculum and an excellent placement track record, attracting recruiters like Amazon, Deloitte, and HDFC Bank for hiring.
On average, the graduate package offered is more than Rs. 30 LPA and, therefore, it remains a dream destination for aspiring managers.
2. Jaipuria Institute of Management
Jaipuria Lucknow is another of the best private MBA colleges in Lucknow that offer whole courses and mainly focus on hands-on learning.
Jaipurai accepts the scores from CAT, MAT, XAT, and CMAT scores. The average placement package ranges around Rs. 8 LPA. The top recruiting companies in the placement drives are Naukri.com, 99acres, and Jeevansathi.com.
3. Babasaheb Bhimrao Ambedkar University (BBAU)
BBAU is one of the central universities in Lucknow and is a premier government institution for management study and a top MBA college in Lucknow. The entire course is pretty affordable and immaculate in terms of quality.
MBA at BBAU varies between Rs. 20,000 to Rs. 2 lakh. The average packages offered by the placement cell of this university range around Rs. 8 LPA to the graduates. Placement collaborations with organizations such as Wipro, Digital Media Works, and Azim Premji Foundation are there.
4. Amity University Lucknow
Amity University is a private university that offers quality infrastructure and multiple specializations in MBA. The fee charges, thus, range from Rs. 9 lakh to Rs. 13 lakh and the average placements ranges between Rs. 4 LPA to Rs. 5 LPA.
Some prominent recruiters at Amity University include HCL, Nestle, and Axis Bank which manages to attract every student seeking the combination of strenuous academics and relevant industry exposure which makes it one of the best MBA colleges in Lucknow.
5. Integral University
The most cost-effective is Integral University, with tuition fees between 1 and 7 lakhs. It has specializations in IT and systems, operations, and health care.
Integral University graduates have co-ops with companies like Deloitte, Paytm, and Cognizant, such that they are offered jobs worth an average of Rs. 3 LPA to hire overseas.
Distance MBA Programs Lucknow
It’s a city that is destined to become a destination for professionals who have jobs or anyone else who wants an easy way of learning. There are many famous institutions in this city that teach distance MBA courses. IICT Business School, Indian School of Business Management and Administration, and IMT Center for Distance Learning are some institutions that offer great affordable and market-relevant courses. The fee for such programs varies from Rs. 13,000 to Rs. 2 lakh. This enables most students to enroll in the MBA programs in Lucknow.
ROI Analysis: Fees vs. Salary
The return on investment (ROI) forms yet another essential parameter for the selection of an MBA college. Courses that are offered by MBA colleges in Lucknow vary significantly in cost, as well as the packages offered in terms of salary.
For instance, the average salaries at IIM Lucknow for its graduates go up to more than Rs. 30 LPA, while colleges like BBAU and Jaipuria Institute of Management receive Rs. 8 LPA. For instance, institutions like Integral University and Amity University offer lower fees but with relatively modest placement packages.
Affordable MBA Colleges in Lucknow
The low tuition fees MBA colleges in Lucknow range from the government and private institutions. Below is given all the costs under Rs. 1 lakh at the University of Lucknow and BBAU. The courses with quality education can be availed by private institutions such as Shri Ramswaroop Memorial University and Dr. Shakuntala Misra National Rehabilitation University.
Specializations Available in MBA Colleges in Lucknow
Lucknow accommodates a variety of MBA colleges with a diverse interest list, providing specialisations under the following heads:
- Sales and Marketing: Suitable for those who aspire to pursue their strategic marketing careers
- Finance: Career-oriented banking, investment, financial analysis
- Human Resources: Talents Management, organizational behavior
- Business Analytics and IT: Data Driven Decision Making role
- Operations Management: Supply Chain Logistics for those who aspire for supply chain.
- International business, healthcare management, and rural management are among the other specializations which also gain momentum in colleges.
Conclusion
Lucknow-based colleges offer the best practices of impeccable academics plus industry exposure along with career opportunities. Thus, whether one settles for the premium IIM Lucknow or goes for a budget-friendly quality program at BBAU, MBA colleges in Lucknow have options that would help aspirants fulfill their aspirations while fitting within their budgets. Good preparation and knowing well what an aspirant is looking for in the MBA should turn out to be a great experience in Lucknow toward success in the dynamic world of business.
From Where You Can Prepare for an MBA?
In order to get yourself enrolled into one of these top colleges for pursuing MBA you will be required to clear the toughest MBA entrance exams along with a good percentile which is not practically possible without proper guidance.
Further if you are either confused from where to start your CAT Preparation, AI ExpertsEdge is there to provide you with a structured CAT Online courses where you will not only be getting a proper guidance but also will be getting 24×7 doubt-clearing sessions clubbed with AI-powered test and so on.
