Top MBA Colleges in Lucknow

Top MBA Colleges in Lucknow

Lucknow is the capital city of the Indian state of Uttar Pradesh and is located on the banks of the Gomti River. The city has a rich history and cultural heritage, having been ruled by various dynasties and empires over the centuries. It was the capital of the Nawabs of Awadh and is known for its exquisite architecture, cuisine, and art and culture. Lucknow is also a major centre of education, commerce, and administration, with several prestigious educational institutions and research organizations located in the city.

Numerous esteemed MBA colleges are located in Lucknow. Indian Institute of Management Lucknow (IIM Lucknow), Jaipuria Institute of Management, Integral University, University of Lucknow, and Amity University Lucknow are a few of the best MBA colleges in Lucknow. A wide range of disciplines, including international business, human resource management, and financial services, are offered by these institutions.

The city offers a vibrant culinary scene, historical monuments, and a rich cultural heritage, making it an ideal destination for students pursuing an MBA.

You may get to know more MBA colleges in Lucknow in this article in detail along with complete details of fees, scholarship, placement and eligibility criteria.

List of Top MBA Colleges in Lucknow:

Following is the list of some top MBA colleges in Kolkata.

Top MBA Colleges of  Lucknow  according to NIRF Ranking 2023:

Applicants looking to get into Lucknow's MBA colleges frequently look for the best universities in the area. The Ministry of Human Resource and Development publishes a national rating of colleges based on several factors each year. When choosing the top MBA colleges in Lucknow, it can be quite beneficial to take into account a ranking at the national level. The list of MBA colleges in Lucknow ranked by the NIRF can be found in the following table.

S.NO

Name of College

NIRF Ranking 2023

1.

Indian Institute of Management Lucknow

 6th

2.

Jaipuria Institute of Management

92nd

Entrance Exams Accepted by Top MBA Colleges in Lucknow:

The top MBA Colleges in Lucknow accept a variety of exam formats for admission. These colleges accept several well-known entrance exams, such as the CAT, CMAT, MAT, NMAT by GMAC, XAT, etc.

The following national entrance exams are approved by the best MBA Colleges in Lucknow:

Top MBA Colleges in Lucknow: Eligibility Criteria, Admission Criteria, Scholarship & Reviews

The  eligibility criteria offered by these top MBA colleges of Lucknow are described below-

1. Indian Institute of Management Lucknow

  • Eligibility- The Institute accepts valid scores of the CAT entrance exam which is conducted by IIMs itself for postgraduate and fellowship programs. Along with the CAT scores, the candidate must have graduated in any discipline with a minimum of 50% marks (45% marks for reserved category) from any recognized university or those appearing for the final year can also apply.
  • Admission Criteria- Entrance Based
  • Scholarship- NA
  • Reviews – 4.5/5.0

2. Integral University

  • Eligibility- A candidate must have Passed graduation with 50% (Any Stream), 55% in the case of B.Tech/B.E in aggregate from a recognized University.
  • Admission Criteria- Entrance based
  • Scholarship- Integral University Lucknow offers various scholarships and financial aid schemes to support deserving students. Some of the scholarships provided by Integral University Lucknow include:

a. Merit-Based Scholarship

b. Alumni Sibling Scholarship/ Sibling Scholarship

c. Staff Scholarship

d. Jammu & Kashmir Scholarship

e. North Eastern Region Scholarship

f. Specially abled Scholarship

  • Reviews - 4.4/5.0

3. Jaipuria Institute of Management

  • Eligibility- Applicants must hold a bachelor’s degree from a recognized Indian university with a minimum of 50% marks or an equivalent CGPA.
  • Admission Criteria- Entrance Based
  • Scholarship- Offer a limited number of scholarships on a first-come, first-served basis, upon submission of the first instalment of fees. In addition to the IDFC First Bank MBA scholarship, which is a need-based program that offers ?2,00,000 for two years of full-time MBA school, JIM offers a sibling scholarship of Rs 1 lakh that spans two years.
  • Reviews- 4.2/5.0

4. Amity University

  • Eligibility- Graduation (min 50%) plus National/State MBA Entrance Exam score or Amity Test.
  • Admission Criteria- Entrance-based.
  • Scholarship- Amity University Lucknow offers various scholarship schemes to meritorious students. Some of the scholarships provided by Amity University Lucknow include: 

a. 100% Scholarship: This scholarship is awarded to students who have scored a minimum of 80% in aggregate in Class XII from CBSE/ISC/State Boards (2023). Alternatively, students who have scored 95 percentile in CUET '23 are also eligible for this scholarship

b. 50% Scholarship: This scholarship is awarded to students who have scored a minimum of 75% in aggregate in Class XII or 90 percentile in CUET '23.

c. 25% Scholarship: This scholarship is awarded to students who have scored a minimum of 70% in aggregate in Class XII or 85 percentile in CUET '23.

d. Need-Based Scholarship

  • Reviews- 4.4/5.0

5. Shri Ram Murti Smarak International Business School

  • Eligibility- A Bachelor's degree or 10+2+3 degree in any branch of study or equivalent with a minimum of 50% marks in aggregate.
  • Admission Criteria- Entrance Based
  • Scholarship- For MBA+PGP Students-

a. Students Securing 86% or more marks in Examination- Rs. Equivalent to the % of marks secured ( Minimum Rs 86,000/- ).

b. Students Securing 85% or more marks but below 86% in Examination- Rs 35,000/-

c. Students Securing 80% or more marks but below 85% in Examination- Rs 25000/-

d. Students Securing 75% or more marks but below 80% in Examination - Rs 20000/-

  • Reviews- 4.0/5.0

6.Ambalika Institute of Management and Technology

  • Eligibility- candidates must have a graduation degree in any stream.
  • Admission Criteria- Entrance Based
  • Scholarship- NA
  • Reviews-  4.0/5.0

7. Sherwood College of Management

  • Eligibility- Candidates should hold a bachelor's degree in any discipline with at least 50% marks.
  • Admission Criteria- Entrance Based.
  • Scholarship- NA
  • Reviews- 3.8/5.0

8. Lal Bahadur Shastri Institute of Management  and Development Studies

  • Eligibility – Graduate with 50% for general & OBC and 45% for SC/ST.
  • Admission Criteria - Entrance Based
  • Scholarship- NA
  • Reviews- 3.9/5.0

9. Babu Banarasi Das University

  • Eligibility- Graduates with minimum 50% marks or equivalent CGPA in any discipline from a University recognized by the Association of Indian Universities/AICTE are eligible to apply
  • Admission Criteria- Entrance Based
  • Scholarship- In addition to a tuition reimbursement program, BBD University provides its students with a variety of scholarships that are given out based only on merit.

a. Scholarship for SC/ST Category: Students whose parents or guardians with yearly incomes under Rs. 2.5 lac are eligible for scholarships and tuition reimbursements based on the guidelines outlined in the U.P. government's periodic notifications.

b. Scholarship for General category (economically disadvantaged section): Students whose parent(s) or guardian's annual income is less than Rs. 2 lac are eligible for scholarship and tuition reimbursement by the guidelines outlined in the U.P. government's periodic notifications.

c. Scholarship for OBC and Minority Categories: Students who have parents or guardians with yearly incomes under Rs. 2 lac are eligible for scholarships and tuition fee reimbursements by the guidelines outlined in the U.P. government's periodic notifications.

d. Government of India Scholarship for Minority Categories: Students are eligible to receive scholarships and tuition reimbursements by the guidelines outlined in the notifications issued by the Government of India periodically, provided that their parent(s) or guardian's annual income does not exceed Rs. 2 lac for the Post-Matric Scholarship Scheme and Rs. 2.5 lac for the Merit-cum-Means Scholarship Scheme.

  • Reviews- 4.2/5.0

10.Shri Ramswaroop Memorial University

  • Eligibility- Any Graduate from a Recognized University. (Minimum marks: General/ OBC 50%, SC/ST 45%)
  • Admission Criteria- Entrance Based
  • Scholarships- Shri Ramswaroop Memorial University (SRMU) in Lucknow offers various scholarships to its students. The scholarships provided by SRMU include- the CUET Scholarship, Merit-Based Scholarship, National Entrance Score-Based Scholarship, and Special Scholarship.
  • Reviews- 3.9/5.0

11. University of Lucknow

  • Eligibility- Any Graduate from a Recognized University. (Minimum marks: General/ OBC 50%, SC/ST 45%)
  • Admission Criteria- entrance based
  • Scholarships- Scholarships are available from Lucknow University to deserving students. The Student Welfare Fund provides two scholarships to students: the Karmyogi Scheme and the Chhatra Kalyan Scholarship. The scholarships are given to students who need financial assistance.
  • Reviews- 3.9/5.0

12. Goel Institute of Technology and Management

  • Eligibility- Bachelor's Degree of courses of three years minimum duration from any recognized Indian University or its equivalent and securing a minimum of 50% marks (45% marks for SC/ST Category candidates).
  • Admission Criteria- entrance based.
  • Scholarships- GITM provides scholarships based on rank- Rank 1 to 2,500- scholarship amount- 21,000/-, Rank 2,501 to 5,000- scholarship amount- 11,000/-.
  • Reviews- 3.9/5.0

13. Rameshwaram Institute of Technology and Management

  • Eligibility- Passed Bachelor's Degree of minimum 3 years duration. Obtained at least 50% marks (45% marks in case of candidates belonging to reserved category) in the qualifying examination.
  • Admission Criteria- Entrance based
  • Scholarships- NA
  • Reviews- 4.0/5.0

14. SR Institute of Management and Technology

  • Eligibility- Candidates must pass bachelor degree in any stream with a minimum 60% (55% for SC/ST) marks in aggregate
  • Admission Criteria- Entrance Based
  • Scholarship-NA
  • Reviews- 3.9/5.0

15. Moti Lal Rastogi School of Management

  • Eligibility- Candidates must have a bachelor's degree with a minimum aggregate of 50% marks.
  • Admission Criteria- Entrance Based
  • Scholarship - Based on need or merit, students can receive scholarships and financial aid to help pay for their education. According to their state government's regulations, candidates whose annual family income is less than INR 2.5 lacs would be eligible for scholarship advantages and tuition reimbursement.
  • Reviews- 4.5/5.0

Top MBA Colleges in Lucknow – Return on Investment (ROI)

Name of College

Fee Structure (approx.)

Placement

Indian Institute of Management Lucknow

20.75 Lakhs

Highest CTC- INR 1 CPA

Average CTC- INR 32.23 LPA

Integral University

1,25,000 P.A

Highest CTC- INR 12 LPA

Jaipuria Institute of Management

13,50,000 (Total)

Highest CTC- INR 22 LPA

Average CTC- INR 11.08 LPA

Amity University

2.05 LPA (First-year fee)

NA

Shri Ram Murti Smarak International Business School

2,90,000 (Total)

Highest CTC- INR 10 LPA

Average CTC- INR 5 LPA

Ambalika Institute of Management and Technology

89,749/- per annum.

Highest CTC INR- 21 LPA

Average CTC- INR 3.50 LPA

Sherwood College of Management

-

INR 4.30 LPA

Lal Bahadur Shastri Institute of Management  and Development Studies

-

-

Babu Banarasi Das University

Rs 62,500/- Per Semester

Highest CTC- INR 10.00 LPA

Shri Ramswaroop Memorial University

1.40 L To 2.50 L

Highest CTC- 30 LPA

University of Lucknow

Ranges between 20K To 3.2 L

Highest CTC- INR 24.8 LPA

Average CTC- INR 8.6 LPA

Goel Institute of Technology and Management

78,589/- per annum

-

Rameshwaram Institute of Technology and Management

70,000 (First year)

-

SR Institute of Management and Technology

-

-

Moti Lal Rastogi School of Management

2 Lakh

Highest CTC- INR 25 LPA

Average CTC- INR 6.16 LPA

Specialization Offered By Top MBA Colleges  in Lucknow and its Best Opportunities-

The top MBA colleges in Lucknow offer a variety of specializations, catering to diverse career interests. Some of the most popular specializations in Lucknow are:

  • General Management
  • Financial Services
  • Human Resource Management
  • International Business
  • Marketing
  • Business Analytics
  • Risk Management
  • Entrepreneurship
  • Digital Marketing and Strategy.

Conclusion

There are many different specializations available to students pursuing an MBA from Lucknow, such as International Business, Financial Services, Human Resource Management, and General Management. The best MBA colleges in Lucknow, such as Integral University, Jaipuria Institute of Management, and IIM Lucknow, are renowned for their outstanding placement rates, industry-relevant training programs, and placement assistance. The average cost of an MBA program in Lucknow is not too high. Students at these universities have access to a variety of job options, competitive pay packages, and room for professional advancement.

Hence pursuing an MBA in Lucknow is a worthwhile investment in one's future due to the city's strong emphasis on industry-oriented education and the abundance of prestigious companies offering lucrative possibilities.

Frequently Asked Questions

Q.1 Which are the top MBA colleges in Lucknow?

Ans. The top MBA colleges in Lucknow include IIM Lucknow, Jaipuria Institute of Management, Integral University and Amity University.

Q.2 What are the accepted entrance exams for MBA programs in Lucknow?

Ans. MBA colleges in Lucknow accept entrance exam scores such as CAT, XAT, CMAT, MAT, LUMET, and UPSEE for admission to their MBA programs.

Q.3  What are the most popular specializations in the MBA colleges in Lucknow?

Ans. The most popular specializations in MBA colleges in Lucknow are- General Management, Financial Services, Human Resource Management, International Business, Retail Management, etc.

Q.4 Which is the best MBA college in Lucknow according to placements?

Ans. Indian Institute of Management Lucknow is the top MBA college in Lucknow based on placement data.

Q.5 Why Lucknow is a suitable place to study MBA?

Ans.  Lucknow is a suitable place to study MBA for several reasons:

  • Top MBA colleges in India.
  • MBA colleges in Lucknow offer a wide range of specializations.
  • Affordable Fee structure.
  • Many prestigious companies are available in this city.
  • The academic environment, infrastructure, and faculty of MBA colleges in Lucknow are highly credible, making it an ideal destination for MBA aspirants.
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