LIST OF TOP MBA/PGDM COLLEGES IN LUCKNOW BASED ON 2021 RANKING

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Pranjal Singhal

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The top MBA colleges in Lucknow include names like IIM Lucknow, Jaipuria Institute of Management, and Lucknow University, which have been ranked by many agencies. These B Schools offer one of the best management education in 29 specializations like HR, Marketing, Finance and even less commonly dicussed names like International Studies and Event Management.

  • There are 76 private and 11 government colleges in Lucknow for MBA, taking the total number of these colleges to 87.
  • Admissions in these colleges are done through top entrance exams like UPSEE MBA, CAT, MAT and XAT. These exams are also accepted by colleges affiliated to Dr. APJ Abdul Kalam Technical University (UPTU). Check the list of Top UPTU MBA Colleges in Lucknow.
  • The average MBA fees in Lucknow ranges from INR 1-2 lakh, with some colleges charging less and more. IIM Lucknow fees is INR 7,13,000 for 1 year.

Continue reading this article to find more about fee structure of different colleges, their cutoffs and rankings in India.

Top MBA Colleges in Lucknow: Rankings

Various ranking agencies like Economic times, NIRF, The Week, etc., rank the top colleges based on different parameters like the quality of education, research work, graduation outcome, and placements.

These ranking lists are released based on different categories like city, state, stream, etc. Some of the examples of such lists are Top MBA Colleges in Bangalore, Top MBA Colleges in India, etc. Listed below are some of these ranking lists.

Top MBA Colleges in Lucknow: NIRF Ranking

The National Institutional Ranking Framework (NIRF), a body under MHRD, provides the rankings of the top MBA colleges in Lucknow based on Teaching, Learning & Resource, Research and Professional Practice, Graduation Outcomes, Perception, and Outreach and Inclusivity.

The following table shows the NIRF rank of the year 2021 for the colleges in Lucknow.

College Name NIRF Ranking 2021 NIRF Ranking 2020 Change Average Annual Fees
IIM Lucknow 4 4 0 INR 7,13,000
Jaipuria Institute of Management 73 68 -5 INR 4,75,000

NIRF has ranked IIM Lucknow as the best MBA college in Lucknow.

  • The institute has secured the 4th rank overall in India. The position for the institute has remained untouched as it ranked 4th in 2019 also.
  • The only MBA college from Lucknow apart from IIM which has been listed by NIRF is Jaipuria Institute of Management.
  • The institute has been ranked 2nd in the city and 73rd in India. It didn’t participate in the 2018 survey.

Top MBA Colleges in Lucknow: The Outlook Ranking

The outlook ranking survey is conducted by the Indian Centre for Academic Rankings and Excellence (ICARE), which is a government recognized rating agency. It ranks public and private MBA colleges based on the following parameters:

  • Research Productivity and Quality
  • Faculty-Student Ratio (FSR)
  • Faculty Experience (Corporate/Teaching) and Number of Faculty with a PhD
  • Median Employability and Salary 
  • Gender Diversity
  • Regional Diversity

The outlook issues a separate list of top private and public institutions each year. Following are the top MBA colleges in Lucknow according to the Outlook.

College Name All India Rank 2019 Average Annual Fee
IIM Lucknow 5 INR 7,13,000
Jaipuria Institute of Management 49 INR 4,75,000

Outlook hasn’t released the ranking data for 2018. The agency currently displays only the latest ranking on its website.

  • Here also, only IIM Lucknow and Jaipuria Institute of Management have managed to feature in the list.
  • IIM Lucknow has scored 100/100 on the FSR parameter while Jaipuria has scored 96.38.

The table below shows the distribution of their marks parameter wise.

College Name FSR Research Employability Faculty Quality Inclusiveness and Diversity Overall Score
IIM Lucknow 100 59.62 95.38 86.31 79.19 87.96
Jaipuria Institute of Management 96.38 0.19 28.93 21.60 19.87 36.10

Top MBA Colleges in Lucknow: The Week Ranking

The Week and Hansa Research conduct surveys each year to rank the top colleges of India since 2008. The ranking is based on the combination of both Perceptual score and Factual score. The perceptual score is given mainly according to the number of nominations a college received and the rank given.

  • In its latest ranking list of 2019, The Week has included only IIM from Lucknow in its list for the entire country.
  • The institute has been ranked 3rd in India, the same rank which it received in 2018.
  • The overall score of the institute is 651 out of 1000.
  • The average annual MBA fee of IIM Luckow is INR 7,13,000.

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Top Private MBA Colleges in Lucknow: ROI (Return on Investment)

ROI is very important when it comes to selecting the top MBA colleges. It tells you how profitable it is to join a particular college and a particular course. It gives you a good comparison of your return to your investment. The following are the top MBA colleges in Lucknow according to ROI.

College Name Average Annual Fees Average Placement Package ROI Rank*
IIM Lucknow INR 7,13,000 INR 14,40,000 1
BN College of Engineering and Technology INR 1,20,000 INR 2,00,000 2
Integral University INR 1,25,000 INR 2,00,000 3
Jaipuria Institute of Management INR 4,75,000 INR 6,70,000 4
SRMS International Business School INR 4,88,000 INR 5,50,000 5
Amity University INR 4,10,000 INR 3,00,000 6

*ROI Percentage={(Average Placement Package)/(Average Annual Fees)}*100%

IIM Lucknow ranks as the best MBA college in Lucknow even according to the ROI. The institute offers an average placement package of INR 14,40,000 while it charges an average annual fees of INR 7,13,000. Explore IIM Lucknow Admission Criteria

  • Some other top MBA colleges in Lucknow ROI wise are BN College of Engineering and Technology, and Integral University.
  • University of Lucknow, a state university, also offers good ROI to its students.
  • Amity University offers an ROI of 73.17% only. It charges an average annual fee of INR 4,10,000 and offers an average placement package of INR 3,00,000.

Top MBA Colleges in Lucknow: Cutoff

The table below shows some of the top MBA colleges in Lucknow with their cutoffs. Click on these links and check all the details of cutoff scores of different management exams accepted by these colleges.

College Name Cutoff Score
IIM Lucknow CAT Cutoff
Jaipuria Institute of Management XAT, CMAT and CAT Cutoff
SRMS International Business School CAT and MAT Cutoff
SRM Business School UPSEE Cutoff
Institute of Engineering and Technology, Lucknow UPSEE Cutoff
University of Lucknow CAT Cutoff

Top MBA Colleges in Lucknow: Admission Process

There are a total of 76 private and 11 public MBA colleges in Lucknow and these colleges mainly accept scores of MBA entrance exams like UPSEE, CAT, XAT, and GMATand analyse the performance in rounds of Personal Interview (PI) and Group Discussion (GD).

No. of MBA Colleges In Lucknow

Source: Official Survey

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

Indian Institute of Management (IIM), Lucknow

IIM Lucknow was established in 1984 and is one of the oldest IIMs that are envisioned by Pandit Jawaharlal Nehru, and proved to be one of the best institutes all over India.

  • It is the first IIM to open a satellite campus at Noida, Delhi NCR in 2005.
  • The Association of MBAs (AMBA) which is an international accrediting authority of London, UK had given accreditation to institute’s PGPM, WMP, and IPMX programs.
  • It offers a 2-year Post Graduation Program in Sustainable Management (PGP-SM) and Agribusiness Management (PGP-ABM).
  • The institute also offers a 2-year Executive Fellow Program in Management (EFPM) and FPM Program.
  • It also offers some special executive programs like DGMP, which train Ex-Defence officers.

The following chart shows the placement of IIM Lucknow in different fields in 2020.

iim lucknow sector wise mba placement 2020

Source: IIM Lucknow Official Website

Following are some of the important facts about placements in IIM Lucknow.

  • In 2020, it achieved 100% placements in only 3 days with the total number of students placed being 443.
  • The top 5 Recruiters are Amazon, Accenture, Udaan, The Boston Consulting Group, and Bain & Company.
  • The number of domestic and international companies participating in the campus drive is more than 140.

Jaipuria Institute of Management, Lucknow

Jaipuria Institute of Management, Lucknow is a popular private institute which was established in 1995 and occupies the second position among the Top MBA Colleges in Lucknow ranking by many recognized ranking agencies.

  • It has a total of 5 campuses in Lucknow, Jaipur, Indore, Noida, and Calcutta.
  • It is accredited by different agencies like NAAC and National Board of Accreditation (NBA) and also by Association of Indian Universities (AIU).
  • The institute offers PGDM in Financial Services, Marketing, Retail Management, and Service Management. It also offers a Fellowship Program in Management (FPM).
  • In 2019 batch, 98% of students got pre-placement offers from industries of different sectors.
  • The top recruiters of the institute are  Amazon, Deloitte, Colgate Palmolive, ITC, E&Y, Genpact, Asian Paints, Landmark, Force Motors, Philips, Reckitt Benckiser, Mahindra, GSK, Zomato and many more.

The following chart shows the placement percentage in different fields  for the year 2019:

Jaipuria Institute of Management Placement Percentage


Source: Jaipuria Institute of Management Official Website


SRMS International Business School [SRMS IBS], Lucknow

SRMS International Business School was established in 1996 by Shri Ram Murti Smarak (SRMS) Trust.

  • It offers a 2-year Post-Graduate Diploma in Management (PGDM) in Banking, Marketing, Finance, International Business, Human Resource Management, and Information Technology.
  • PGDM students also get 15 industry-linked certifications.
  • In order to provide relevant global and corporate exposure, the entire batch gets an industrial visit to Dubai and Mumbai. 
  • The institute provides world-class infrastructure including Air-conditioned  Hostels, exclusive Green WiFi Campus, spread in 16 acres at Lucknow-Kanpur Highway.

The institute offers 100% pre-placements by more than 100 domestic and international recruiters.

  • The minimum package offered is INR 4 lakh, the average package is INR 5.5 Lakh and the maximum package is INR 16 lakh.
  • Some of the top recruiters are Amazon, Axis Bank, Oppo, Yes Bank, Nestle, HP, and PepsiCo.

Top MBA Colleges in Lucknow: Entrance Exam Wise

To get admission into the top MBA colleges in Lucknow, students can apply for both national level entrance tests like CAT and state-level entrance tests like UPSEE. We have listed below colleges according to the entrance exam score they accept.

Top MBA Colleges in Lucknow Accepting CAT Score

Common Admission Test (CAT) is a computer-based exam for admission in colleges all over India offering post-graduation in management. The test has 3 sections, Verbal Ability and Reading Comprehension (VARC), Data Interpretation & Logical Reasoning (DI&LR), and Quantitative Ability (QA).

  • Every year more than 2 Lakh students apply for CAT in India.
  • It is organized by one of the 20 IIMs of India. In 2020, CAT will be organized by IIM Indore.
  • Only one in every ten students scores 90 percentile.

Some of the top MBA colleges in lucknow accepting CAT scores are:

  • Indian Institute of Management(IIM), Lucknow
  • Jaipuria Institute of Management, Lucknow
  • SRMS International Business School - [SRMS IBS], Lucknow

Top MBA Colleges in Lucknow Accepting UPSEE Score

The Uttar Pradesh State Entrance Examination (UPSEE) is a state-level entrance exam to get admission in colleges offering post-graduation in management.

  • It is conducted every year by  Dr. APJ Abdul Kalam Technical University.
  • In 2019, 1.7 Lakh students registered for the exam, out of which only 11,543 were able to clear the exam and applied for post-graduation courses in management.
  • Exam mode can be both online or offline. There are a total of 100 questions and the allotted time is 2 hours.

Some of the top MBA colleges in Lucknow accepting UPSEE score are:

  • BN College of Engineering and Technology, Lucknow
  • SRM Business School - [SRMBS], Lucknow

Top MBA Colleges in Lucknow Accepting CMAT Score

Common Management Admission Test (CMAT) conducted by the NTA is a national level exam for the entrance in management programs.

  • It is an online exam, conducted once a year. The exam consists of 4 segments: Quantitative Techniques, Language Comprehension, General Awareness, and Logical Reasoning.
  • There are 100 questions and time allotted is 3 hours
  • All AICTE Approved institutes accept CMAT scores.

Some of the top MBA colleges in Lucknow accepting CMAT scores are:

  • Jaipuria Institute of Management, Lucknow
  • SRMS International Business School - [SRMS IBS], Lucknow

Also Check,

Top MBA Colleges in Lucknow: Placement Wise

The average placement package of various top MBA colleges in Lucknow is between INR 5 Lakh to INR 14 Lakh, with most of the colleges achieving 100% placements.

The following chart shows the average placement package of top MBA colleges in Lucknow.

 Average Placement Package of top MBA colleges in Lucknow


Source: Official Institute Websites

The placement package also depends a lot upon the stream you choose. Click below to check the top MBA colleges in Lucknow stream wise.

Top MBA Colleges in Lucknow for Finance

It is the sector that provides different financial services to retail and commercial customers. It includes real estate, insurance, investment companies, and banks. Following are some of the Top MBA colleges in Lucknow for Finance:

  • Jaipuria Institute of Management, Lucknow
  • SRMS International Business School - [SRMS IBS], Lucknow
  • SRM Business School (SRMBS), Lucknow

Top MBA Colleges in Lucknow for HR

It is the department responsible for the development and management of employees in any company or organization. The number of colleges offering post-graduation programs in the field of HR is 58 in Lucknow.

Some of the top MBA colleges in Lucknow for HR are:

  • SRMS International Business School - [SRMS IBS], Lucknow
  • SRM Business School (SRMBS), Lucknow

Also Check,

Top MBA Colleges in Lucknow: FAQs

Ques. Which is the best MBA college in Lucknow?

Ans.  Indian Institute of Technology, Lucknow is the best MBA college in Lucknow.

Ques. Which is the best college for MBA in Lucknow, except IIM?

Ans. Some of the best colleges for MBA in Lucknow other than IIM are Jaipuria Institute of Management and SRMS INTERNATIONAL BUSINESS SCHOOL.

Ques. Which is the best university in Lucknow for an MBA in HR?

Ans. Here are some of the top institutes in Lucknow for MBA in HR:

  • SRMS INTERNATIONAL BUSINESS SCHOOL - [SRMS IBS],
  • SRM Business School (SRMBS)
  • University of Lucknow

Ques. What are the actual fees of MBA in IIM of Lucknow.?   

Ans. The total fees of MBA in IIM Lucknow is INR 7,08,000.

Ques. What are the fees for executive MBA IIM Lucknow from distance learning?

Ans. Fees of all IIMs Distance Learning Programmes are between INR 4-5 Lakh including IIM Lucknow.

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