Top MBA Colleges in Lucknow

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Lucknow is the cultural capital of Uttar Pradesh. The city is home to more than 90 MBA colleges in the state of UP, indicating that it is a prominent hub for IT, banking, and tourism in Uttar Pradesh. Economically, the city has a lot to offer in terms of connecting industries, affordable living, and quality education. The best MBA colleges in Lucknow offer a wide range of specialisationsspecializations, including Finance, Marketing, and HR, with diploma programs accredited by AICTE/UGC. Students have the option of choosing from institutions that offer high returns, such as MBA colleges in Lucknow, with low fee structures.

 

Top 10 MBA Colleges in Lucknow

Concerning the NIRF 2024 rankings, the top MBA colleges in Lucknow include:

College Name

NIRF 2024 Rank

Fees (? Lakhs)

Entrance Exam

IIT Kanpur

23

3.00 Lakh

CAT

Dr. Ambedkar Institute of Technology (AIT)

Not Ranked

2.40 Lakh

UPSEE

PSIT College of Management

Not Ranked

3.01 Lakh

CAT/MAT/UPSEE

Kanpur Institute of Technology (KIT)

Not Ranked

1.60 Lakh

UPSEE/MAT

Jagran Institute of Management

Not Ranked

2.30 Lakh

CAT/MAT/CMAT

Axis Institute of Higher Education

Not Ranked

1.80 Lakh

UPSEE/Merit

Maharana Pratap Engineering College

Not Ranked

2.00 Lakh

UPSEE/MAT

Dayanand Academy of Management Studies

Not Ranked

1.30 Lakh

UPSEE/Merit

Naraina College of Management

Not Ranked

1.50 Lakh

UPSEE/Merit

Vision Institute of Management

Not Ranked

1.70 Lakh

UPSEE/MAT

Best Private MBA Colleges 

The best MBA colleges in Lucknow include top private institutes:

College Name 

Fees ( LAKH ) 

Average Package

Entrance exam

PSIT College of Management

3.01 Lakh

5.00 Lakh

CAT/MAT/UPSEE

Jagran Institute

2.30 Lakh

4.50 Lakh

CAT/MAT/CMAT

Kanpur Institute of Technology

1.60 Lakh

4.00 Lakh

UPSEE/MAT

Dayanand Academy

1.30 Lakh

3.50 Lakh

UPSEE/Merit

Axis Institute

1.80 Lakh

3.80 Lakh

UPSEE/Merit

MBA Colleges with Direct Admission

These MBA colleges in Lucknow with direct admission allow admission without an entrance exam based on merit: 

Integral University: ~ Integral University offers an MBA Degree with just ~ 3 lakhs, but Student needs 50% in graduation for admission.

Amity University: ~ The Fees of Amity University are 8.32 lakhs. Also, look at other academic records before taking admission in Amity University

R.R. Institute: ~ R.R Institute is the only University to provide the Cheapest MBA Degree in just 1.59 lakhs, with lenient entry criteria.

Eligibility: students need a Bachelor’s degree with a minimum of 50% marks (45% for SC/ST). Steps to take: Apply online, upload documents, and participate in counseling. This is ideal for candidates who are not willing to sit for entrance exams.  

Low-Fee MBA Options 

Lucknow has a range of low-fee MBA colleges (below 3 lakhs)  

 

SMS Lucknow - SMS Lucknow offers an MBA with one fee of -1.41 lakhs, and the university claims Avg package of 4 LPA  

R R Institutes - R R Institute is also in a list of colleges that provide the cheapest MBA Degree. The University offers it with 1.59 Lakhs full fees with good placement assistance  

BBAU - 2.20 Lakhs- At par with other government colleges  

University of Lucknow- Fees 3.24 Lakhs, but with decent ROI  

Baba University: BBAU- 2.20 Lakhs, admits candidates with an undergraduate degree, based on the national entrance test 

These institutions provide students with a valuable education at an affordable price.  

 

Government MBA Colleges  

Government-provided approved institutes offer trustworthy centers for an MBA in Lucknow as they have reasonable fees:  

College Name

Fees (? Lakhs ) 

Average Package (? LPA)

Entrance Exam

IIT Kanpur

3.00 Lakh

15.00 Lakh

CAT

Dr. Ambedkar Institute (AIT)

2.40 Lakh

4.50 Lakh

UPSEE

Chhatrapati Shahu Ji Maharaj University (CSJMU)

1.00 Lakh

4.00 Lakh

UPSEE

Harcourt Butler Technical University (HBTU)

2.20 Lakh

5.00 Lakh

 

Uttar Pradesh Textile Technology Institute

1.50 Lakh

3.80 Lakh

UPSEE

These Government MBA colleges in Lucknow offer top-grade instruction at budget-friendly prices.  

 

Comparison of Fee Structure  

College Name

Fees ( Lakh ) 

IIM Lucknow

4.90 Lakh

Jaipuria Institute

14.75 Lakh

Amity University

8.32 Lakh

BBAU

2.20 Lakh

University of Lucknow

3.24 Lakh

SRMU

3.20 Lakh

SMS Lucknow

1.41 Lakh

Integral University

3.00 Lakh

BBDU

2.50 Lakh

R.R. Institute

1.59 Lakh

Admission and requirement 

Criteria:  

  • Bachelor’s degree with a minimum mark of 50 percent (45% for SC/ST) with valid CAT, MAT, CMAT, XAT, UPSEE, or University examination scores like LUMET.

Procedure:

  • To apply, the Student needs to complete the application form along with the entrance test scores.

  • Participate in the GD or PI rounds (weightage is given as follows: exam - 60%, GD/PI - 20%, academics - 20%)

  • Submission and verification of documents (mark sheets for 10th and 12th, graduation certificate) are done.

For direct admission to Lucknow MBA colleges, academic records are screened for selection based on merit.

Placement Highlights

These are the best MBA colleges in Lucknow that provide good placement opportunities:

  • Placement offers for IIM Lucknow are about ~?30 LPA average with recruiters from Deloitte, Amazon.

  • At Jaipuria Institute, the average is ~11.29 LPA, with 95% of students placed, and the highest is ~?22 LPA.

  • Amity University has an average of ~?5 LPA with companies like HDFC, Zomato recruiting.

  • For SMS Lucknow, the average is ~4 LPA with TCS and Wipro.

There is an emphasis on preparing for placements in IT and banking sector companies in Lucknow.

Common Questions on MBA in Lucknow Answered

  • Which is the top MBA college in Lucknow?

  • IIM Lucknow, NIRF’s 4th top-ranked and average placement of ~?30 LPA, is the best MBA college in Lucknow.

  • What are the cheapest MBA options? 

  • SMS Lucknow (~?1.41 lakhs) and BBAU (~?2.20 lakhs) offer the lowest priced MBAs.

  • Can I get admission without CAT? 

  • Yes, direct admission is accessible at some colleges like Integral.

  • Which are the better government MBA colleges?

  • Government MBA colleges located in Lucknow are IIM Lucknow and BBAU. They are the most opted for.

  • What is the average MBA fee?

  • It falls between ?1.41 to 14.75 lakhs, depending on the institution.

  • Which college is best for Finance?

  • Which college is best for Finance? The leading institutes in MBA Finance are IIM Lucknow and Jaipuria Institute.

 

  

 

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