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?
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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?
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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.