Best MBA Colleges in Lucknow: Fees, Ranking, Reputation, Admission

In Lucknow, the capital of Uttar Pradesh, there are plenty of MBA colleges, but choosing the best one can be challenging. This is because the list of reputable and accredited MBA institutions is long, comprising more than 60 privately-owned colleges and 8 government-funded colleges or universities. Top choices include Amity University Lucknow campus, IIM Lucknow, Babasaheb Bhimrao Ambedkar University etc.
Most colleges grant admission based on scores from entrance tests such as the CAT, GMAT, NMAT, and XAT. However, some institutions also offer direct admission without requiring an entrance exam. Many colleges offer certified MBA programs with specializations in areas like Human Resources, Marketing, and Supply Chain Management. Other universities have flagship programs in fields such as Production, Banking, Finance, and Operations Management.
The fee structure is another important factor that differentiates these colleges. In short, with so many options to choose from, selecting the right MBA college can be overwhelming.
We understand that it’s nearly impossible to explore every MBA college in the city. Therefore, to help you find the most suitable management college, we’ve narrowed down the list to the top 10 MBA colleges in Lucknow, based on reputation, NIRF ranking, admission criteria, fee structure, and placement opportunities.
So, if you want to equip yourself with a certified MBA program that delivers quality education and prepares you to lead teams toward success, here is our list of the top 10 MBA colleges in Lucknow that promise a rewarding future.
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List of Top 10 MBA colleges in Lucknow with Recognition and Reputation
Lucknow, a popular city known for its rich history and hospitality, has also gained recognition for its best-in-class MBA colleges and universities. These institutions and their industry-oriented programs focus on nurturing young minds with practical knowledge, leadership skills, and a global business perspective—preparing them for future success.
In the list below, we are going to delve into the top 10 private MBA colleges providing students with quality education and much-needed leadership skills.
|
College Name |
Recognition |
Accreditation(s) |
|
1 |
Indian Institute of Management (IIM), Lucknow |
Ministry of Education, Govt. of India |
AMBA, EQUIS |
|
2 |
Jaipuria Institute of Management, Lucknow |
AICTE-approved, Autonomous |
NAAC 'A' Grade, NBA, AIU |
|
3 |
Babasaheb Bhimrao Ambedkar University (BBAU) |
UGC-recognized Central University |
NAAC 'A' Grade |
|
4 |
Amity University, Lucknow |
UGC-recognized Private University |
NAAC 'A+', AICTE-approved |
|
5 |
University of Lucknow – Faculty of Management |
UGC-recognized Public University |
NAAC 'A++' (University) |
|
6 |
Shri Ram Murti Smarak International Business School |
AICTE-approved |
ISO 9001:2015, NAAC |
|
7 |
|
UGC-recognized Private University |
NAAC Accredited |
|
8 |
Techno Institute of Management Sciences |
AKTU-affiliated, AICTE-approved |
AICTE |
|
9 |
|
AICTE-approved, AKTU-affiliated |
NAAC Accredited |
|
10 |
Institute of Engineering and Technology (IET), Lucknow |
AKTU-affiliated, Govt. of UP |
NBA (some programs), AICTE-approved |
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MBA Colleges in Lucknow as per Latest NIRF Ranking
The rankings given by NIRF serve as a benchmark for assessing the quality of education, faculty expertise, campus infrastructure, academic excellence, and overall institutional performance. Therefore, it makes sense to identify the colleges in Lucknow that are ranked according to the latest NIRF data.
While Lucknow is home to hundreds of colleges and universities, only a few MBA colleges have secured a place in the NIRF rankings.
|
College Name |
NIRF Rank 2024 |
NIRF Score |
1. |
Indian Institute of Management Lucknow (IIM Lucknow) |
7 |
74.43 |
2. |
Jaipuria Institute of Management Lucknow |
72 |
48.32 |
3. |
Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow |
86 |
46.42 |
Note: NIRF rankings of universities are based on performance and quality of education, and are subject to change each year. For the latest information on the ranking of any particular university, please check its official website
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Best Mba Colleges in Lucknow with Low fee Structure
MBA colleges with low and flexible fee structures offer financial relief to students from low- and middle-income families. If you're looking for such cost-effective MBA options, then management colleges in Lucknow should be among your top choices. By reducing the total cost of an MBA program, students can allocate more funds toward other essential expenses such as food, travel, and accommodation. Let’s explore the top MBA colleges in Lucknow that offer quality education at an affordable fee.
|
College Name |
Total Fee (₹) |
Entrance Exams Accepted |
Highlights |
||
1 |
Babasaheb Bhimrao Ambedkar University (BBAU) |
₹50,000 – ₹1.8L |
Based on Eligibility Criteria |
Government-funded, UGC-recognized, diverse specializations |
||
2 |
Integral University |
₹1L – ₹4L |
CMAT, IUET |
UGC-recognized, offers multiple specializations |
||
3 |
|
₹1.4L – ₹3.2L |
LUMET |
|
||
4 |
Shri Ram Murti Smarak International Business School (SRMS IBS) |
₹2.9L |
UPSEE, CAT, CMAT, MAT, XAT, ATMA, GMAT, SNAP |
AICTE-approved, dual specialization options |
||
5 |
Institute of Management Research and Technology (IMRT) |
₹1.2L |
CAT, MAT, XAT, CMAT, UPSEE |
Industry-oriented curriculum, decent placement |
||
6 |
Ambalika Institute of Management and Technology (AIMT) |
₹2.4L |
CUET, JEE Main, CAT, MAT, GATE, and AMAT |
|
||
7 |
Techno Institute of Management Sciences (TIMS) |
₹4.5L |
|
Budget-friendly, decent placement opportunities |
||
8 |
School of Management Sciences (SMS) |
₹1.4L |
UPCET, CMAT, SMS Entrance Test |
Established institute, strong industry connections |
||
9 |
Sherwood College of Management |
₹1.33L |
UPSEE |
Affordable fees, decent infrastructure |
||
10 |
|
₹1.8L |
UPSEE, Institute Entrance Exam |
Industry-oriented curriculum |
Note: The fees mentioned above exclude the hostel fee, which is subject to change at the discretion of the university. For the latest updates or any possible changes in fees, please check the university's official website.
MBA Colleges in Lucknow without CAT
MBA colleges that allow admission without the CAT exam not only relieve students from the pressure of achieving a top score in this national-level test but also enhance the overall accessibility of management education. Whether you didn’t appear for the CAT or scored below expectations, there’s no need to worry—several reputable MBA colleges in Lucknow offer admission without requiring CAT scores.
Here is a list of the top MBA colleges in Lucknow that accept students without CAT.
|
College Name |
Entrance Exams Accepted |
Specializations Offered |
|
1 |
Jaipuria Institute of Management |
MAT, XAT, CMAT, ATMA, GMAT |
Marketing, Finance, HRM, Business Analytics, Operations, Strategy |
|
2. |
|
CMAT, Direct Admission |
HR, Finance, Marketing, Information Technology |
|
3 |
SRMS IBS (Shri Ram Murti Smarak Int'l Business School) |
UPSEE, MAT, XAT, CMAT, ATMA, GMAT, SNAP |
|
|
4 |
Sherwood College of Management |
UPSEE, ATMA, Institute Test |
Finance, HR, Marketing, International Business |
|
5 |
School of Management Sciences (SMS) |
UPSEE, SMS Entrance Test |
Marketing, Finance, HRM, IT, Operations |
|
6 |
RR Group of Institutions |
UPSEE |
HR, Finance, Marketing, IT |
|
7 |
Indira Gandhi Institute of Cooperative Management (IGICM) |
UPSEE |
General MBA, with a focus on Cooperative & Rural Management |
|
8 |
Ambalika Institute of Management and Technology (AIMT) |
AMAT, UPSEE |
HR, Finance, Marketing, Operations |
|
9 |
Rameshwaram Institute of Technology and Management (RITM) |
UPSEE, MAT |
Marketing, Finance, HRM, IT |
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MBA Colleges in Lucknow without Entrance Test
The pressure of entrance tests often leads to fear and frustration among students. These tests can make the admission process lengthy and stressful. Fortunately, many colleges recognize this challenge and have introduced admission procedures that do not require entrance test scores for enrolling in MBA programs in Lucknow. You can find the list of such colleges in the following section.
|
College Name |
Accepted Exams |
GD/PI Required
|
Admission Process |
||
1 |
|
CAT, MAT, XAT, CMAT, GMAT |
Yes |
Apply online → Shortlisting based on test scores → GD + PI → Offer letter |
||
2 |
LBSIMDS, Lucknow |
CMAT |
Yes |
Submit application → Score-based shortlisting → PI (GD may be skipped) → Final admission |
||
3 |
SRMS IBS (Shri Ram Murti Smarak) |
CAT, MAT, CMAT, XAT, ATMA, GMAT, SNAP |
Yes |
Apply online → Submit scores → GD + PI at Lucknow campus → Final selection |
||
4 |
School of Management Sciences (SMS) |
CAT, MAT, CMAT, XAT, ATMA |
Yes |
Fill online/offline form → Score considered → GD + PI round → Final offer |
||
5 |
AIMT (Ambalika Institute of Mgmt & Tech) |
|
Yes |
Apply via national test score → Appear for PI (GD optional) → Admission confirmation |
||
6 |
RITM (Rameshwaram Institute of Tech & Mgmt) |
MAT, UPSEE |
Yes |
Apply with MAT/UPSEE score → Personal Interview → Admission letter issued |
||
7 |
IGICM (Cooperative Management) |
UPSEE |
Yes |
|
||
8 |
Integral University |
CAT, MAT, CUET-PG, UPSEE |
Yes |
Apply through official portal → Merit based shortlisting → PI → Admission |
||
9 |
|
CUET-PG |
Yes |
|
||
10 |
Amity University Lucknow |
|
Yes |
Apply online → Score + academic profile reviewed → GD + PI → Admission offer |
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Best MBA Colleges with Placement in Lucknow
Campus placement plays a crucial role in helping students secure their first job directly from college, often with attractive salary packages. Fortunately, many MBA colleges in Lucknow are performing well in this area, offering strong placement opportunities with top national and international companies such as IBM, Accenture, Amazon, Google, Flipkart, HDFC Bank, Axis Bank, and ICICI Bank. Let’s have a quick look at the best MBA colleges with commendable placement records in Lucknow.
|
College Name |
Avg. Salary (₹ LPA) |
Highest Salary (₹ LPA) |
Placement Rate (%) |
Top Recruiters |
|
1 |
Jaipuria Institute of Management |
5.5 |
22 |
|
HDFC Bank, Nestle, Maruti Suzuki, Deloitte |
|
2 |
Lal Bahadur Shastri Institute of Management and Development Studies (LBSIMDS) |
4.0 |
17 |
85% |
ICICI Bank, TCS, Genpact, Reliance |
|
3 |
Shri Ram Murti Smarak International Business School (SRMS IBS) |
4.5 |
36 |
88% |
Amazon, TCS, Wipro, HCL |
|
4 |
School of Management Sciences (SMS) |
3.5 |
12 |
80% |
Infosys, Bajaj, HDFC, Deloitte |
|
5 |
Ambalika Institute of Management and Technology (AIMT) |
3.8 |
21 |
78% |
ICICI Bank, TCS, Tech Mahindra |
|
6 |
Integral University |
3.2 |
13 |
75% |
ICICI Bank, Genpact, Cognizant |
|
7 |
Amity University, Lucknow |
4.2 |
45 |
82% |
IBM, Wipro, Amazon, Reliance |
|
8 |
Babasaheb Bhimrao Ambedkar University (BBAU) |
3.0 |
12 |
70% |
State Govt, Banks, Local Corporates |
Note: The figures provided are indicative and meant to give a general idea about the universities. Actual data and figures may vary.
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