Top 10 MBA Colleges in Chandigarh 2019

Master of Business Administration (MBA) – an assuring option that almost every higher education aspirant will come across. If you are on a quest to explore the right course for you, here is all the information you need about MBA. It is quite natural to have questions about what MBA is, the scope, job opportunities, college that offer the course and so on.

MBA is a globally accepted professional degree. It imparts various skills that are mandatory for business and management. It gives you in-depth knowledge of human and resource management, analytical skills, leadership, and streamline your negotiation skills. With over 70 specialisations to choose from, it also offers countless career opportunities.

As attractive as it sounds, there are several MBA Colleges that offer both part-time and full-time courses. It is essential to identify the right college to sharpen your skills and give wings to your dreams.

Increasing Demand for MBAs

According to a survey, in 2018, 90% of the companies in the Asia Pacific are in need of MBA graduates. There has been a steady rise in the demand since 2009 where only 38% of employers hired MBA graduates. The average starting salary of fresh graduates has increased by an astounding 84% as compared to that of 2017. Top MBA Colleges across the country offer an average domestic salary of up to Rs.22 lakh per annum as per a recent study.

These statistics show a clear picture of the rise in demand and opportunities for MBA graduates. All departments of any organisation, be it finance, marketing, human resource or operations, require MBA graduates to handle it all. Surprisingly indeed, the demand in all these domains has only increased in the past three years by more than 15% annually.

MBA options in India vs Abroad

While comparing MBA in India and Abroad, there are diverse points to be taken into account. The first criteria to be considered is cracking of the entrance exams like GMAT, CAT, MAT and so on. The tuition fee, cost of living, being in a foreign land where everything is different can be of concern. The course details, teaching techniques, methodologies, exposure, placement opportunities and a lot more factors are to be analysed while choosing between the options.

MBA from top MBA Colleges in India would cost anywhere between Rs.10 to 20 Lakhs. Whereas from the top colleges in America, it would be around Rs.1 Crore, of which, 55-85% can be obtained through financial aid or loan. Student fellowships are also offered to exceptional students every year. Certain universities abroad also require work experience to pursue MBA.

If you would like to take up a career abroad, learning business from an international context would be of greater use. Indian MBA would help you gain knowledge applicable to the Indian market. Nonetheless, 70% of the course content of Indian MBA will be the same as that of the foreign colleges.

Types of MBA courses and Key Differences between Them

There is a huge spectrum of ways in which an MBA course can be undertaken. The most common of them are One year, two years, Full time, Part time, Executive MBA, Distance MBA, Online course and the options go on. The classroom discussions, brainstorming, activities and the follow-ups that take place in full-time classes will surely be compromised in the other types of learning.

Part-time MBA is the best option for working professionals who want to upgrade their career. This may require extra time and effort in alignment with their job. Part-time MBA, as well as Executive MBA, requires certain years of work experience which varies across different MBA colleges.

Distance MBA can be sought through correspondence or online content such as text, webinar, and recorded videos. With the massive revolution in online learning, for the millennials prefer learning anywhere and anytime, this can be the best choice. There are dual MBA programs which are clubbed with a range of other graduate programs. Besides, there are quick one year MBA programs which are like a crash course degree.

Why choose Chandigarh as an MBA destination?

Chandigarh is a beautifully planned union territory of India with great architectural landscapes. The city is a beautiful example of coexistence of modernisation and nature. It is also a land that holds promises for flourishing business start-ups. The city lies almost at the juncture of two states Punjab and Himachal Pradesh. It is also very close to our National Capital, Delhi.

If you are baffled about choosing the city for your education, here are a few reasons why you should select Chandigarh-

●        Government and Education: The Government works hand-in-hand with the educational colleges towards their welfare. The Department of Higher Education in Chandigarh is striving hard to establish the city as a benchmark in Higher Education. They constantly improvise the infrastructure, provide cutting-edge technologies, bring in innovation in teaching and assure quality education.

●        Opportunities and Exposure: With over 30 higher educational colleges, this beautiful city has some of the best MBA Colleges. These colleges also have excellent placement records. For start-ups, Chandigarh is a land of opportunities. Since it is one of the closest city to the national capital, it also has a vast scope of business growth and expansion providing ample exposure and opportunities to the students.

●        Conveniences and Luxuries: This city can be very well called the city for all. The cost of living is moderate. Chandigarh offers a decent and peaceful environment without compromising on the amenities. As a student, you can easily meet your needs with proper planning of monthly expenses.

Top 10 MBA Colleges in Chandigarh 2019

 

University Business School, Panjab University, Chandigarh

In 2018, this college has been ranked 12th best educational college under National Institutional Ranking Framework, Ministry of Human Resource Development, Government of India. Established in the year 1956, this college has made its way among the premier management college of the nation and is one of the top MBA Colleges in Chandigarh. With over 300 students, the college offers excellent placement opportunities.

Course Name – Entrance & Eligibility

The College offers MBA under four specialisations namely Marketing and Finance, Marketing and Operations, Human Resources and International Business. The minimum eligibility criteria require a Bachelors Degree in any stream with minimum 50% marks in aggregate from a recognised University or 50% in AMIE Examination or 5 years work experience along with a minimum of 10% score in each section of Common Admission Test (CAT).

Placements at UBS

UBS offers 98% placements with the highest salary of 46 LPA and an average salary of 9 LPA. These statistics have been increasing since 2017. Attractive placements are one of the reasons the college has made its way into the list of top MBA colleges of the city. The major placement sectors comprise of Banking, Financial Services and Insurance (BFSI), Consulting, Fast-Moving Consumer Goods (FMCG) and IT. Many students become entrepreneurs and researchers as well.

Differential Factor

USB offers national and international training to its faculty who are all doctorates. The University Grants Commission (UGC) has recognised the university under Special Assistance Programme for the core areas encompassing Accounting and Business Finance-Social Responsibility, Supply Chain Management, Human Resources Accounting, Innovative Financing and Investment Decision Making. USB has also been covered under the renowned ASIHHS program by UGC.

Contact Details

  • Address: University Business School, Punjab University, Chandigarh – 160014, India
  • Phone Number: +91(172) 2534702, 2534701, 2541389
  • Website: http://ubsadmissions.puchd.ac.in
  • Email: arubs@pu.ac.in

Amity Global Business School(AGBS), Chandigarh

With state of the art infrastructure and quality academic content, this decade-old college has always had a strong Corporate-Academia interaction. The students are provided with a not just academic input but are also given personal attention for their overall grooming in enhance and explore their complete potential.

Course Name – Entrance & Eligibility

The college offers Post Graduate Programme in Management (PGPM) along with flexi-mode MBA as a two-year package. Flexi-mode is the online delivery mode of Amity University. An aggregate 50% is required in 10+2 and graduation for applying to this college. A qualifying exam, English Essay Test and an interview are conducted, based on which the candidates are admitted to the course. Various corporate scholarships are provided in order to motivate the students.

Placements at AGBS

The students from Amity are placed in reputed organisations with salary packages of up to Rs.12 Lakhs per annum. Corporate giants who have hired students from Amity have given positive feedback regarding the performance of the students are hiring huge numbers every year.

Differential Factor

The college has been continuously striving to be the benchmark in management education. It is also ranked among the top business college by Education Times and Business Today. The globally benchmarked infrastructure, modern audio-visual teaching aids, rich intellectual capital, Global exposure, Alumni network, assistance in education loans are some of the features that make the college outstand among the MBA Colleges in the city.

Contact Details

  • Address: Amity Global Business School, Sebiz Square 5th Floor, I T.Park, C – 6, Sector – 67 Mohali-160062
  • Phone Number: 09915075777, 0172-3045460
  • Website: http://agbs.in
  • Email: info@chd.amity.edu

Chitkara University, Chandigarh

The university focuses on developing the problem-solving skills as well as soft skills to equip the candidates to meet the needs of the business world. Over ten specialisations in MBA are provided by the college including Healthcare Management, Logistics, Business Analytics, Pharmaceutical Management and so on. The college offers practical opportunity, hands-on experience, projects and internships.

Course Name – Entrance & Eligibility

A Bachelor’s Degree with minimum 50 % aggregate score in any stream from a recognised university is essential for applying for the course. Admission is based on ranking in national level entrance exams like CAT, MAT, CMAT, NMAT and XAT score followed by group discussion and personal interview. In the absence of these test scores, the candidates will have to take up Chitkara University Test along with group discussion and personal interview.

Placements at CU

Being one among the top MBA colleges of the city, the college offers 97% placements with an average starting salary of Rs.4.45 Lakh per annum. The career planning of students is triggered right from the start of their course. Students are provided with various opportunities to network with the alumni and company representatives. Several corporate giants recruit students from the campus during their last semester of study.

Differential Factor

Small classroom strength that allows providing personal attention to students, student centred education, well qualified and experienced faculty and industry college interaction are the key features of Chitkara University. Some Industries like Fortis, BSE, Safeducate and ManpowerGroup are also the academic partners to few of our specialisations. The Industry partnership makes the University outstand among other MBA Colleges of the city.

Contact Details

  • Address 1: Chandigarh-Patiala National Highway (NH-64), Punjab- 140 401, India
  • Phone Number: +91 8288088578
  • Website: https://www.chitkara.edu.in
  • Email: admissions@chitkara.edu.in

Chandigarh University (CU), Chandigarh

Also called as University School of Business(USB), the college has been ranked one among the top MBA Colleges. Research and innovation culture and motivation towards entrepreneurship along with excellent infrastructural facilities are the important USPs of the college. A perfect balance of Academics along with Industrial interaction provides exemplary candidates who are industry ready.

Course Name – Entrance & Eligibility

For applying for the course, you require any bachelor’s degree and valid score in National entrance tests. Fast track application mode is available online. Offline mode requires procurement of admission form from the university office or via post. Attractive scholarships are provided for meritorious students based on the test scores in the national entrance tests.

Placements at USB

Various placement opportunities are provided to the students. Students of USB have been placed with a maximum salary package of up to Rs.14 Lakhs per annum in the recent past. The college stands apart for its Industrial training, placement training, placement opportunities in multiple offers, and holds a record of the highest number of companies that visit the campus for placements.

Differential Factor

Industry Collaborated Programs with IBM, Tally, ICICI and Flip, Exposure to the next generation technologies through Industry backed courses, innovative and experimental learning, practical teaching, project work and hands-on experience are certain commendable factors of the college. Renowned personalities visit the campus for brainstorming sessions that gives exposure and information about various happenings to the students.

Contact Details

  • Address: NH-95 Chandigarh-Ludhiana Highway, Mohali, Punjab (INDIA)
  • Phone Number: +91-160-3051003
  • Website: http://www.cuchd.in
  • Email: admissions@cumail.in

Indo Global Colleges, Chandigarh

It is an unaided, self-financed MBA college established to provide world-class quality education for the students. The college equips the students to build a successful career in the competitive world of business. Three specialisations are offered for the students to choose from. The program imparts the necessary interpersonal skills, financial analysis, analytics and decision-making skills to the aspirants.

Course Name – Entrance & Eligibility

A bachelor’s degree with minimum 3-years duration in any discipline from a recognised university is required to apply for the course. The specialisations provided includes Marketing, Human Resources and Finance.

Placements at IGC

The dedicated placement cell of the college works towards interfacing the industry and providing promising placements for the students. Top companies visit the campus annually and recruit a large number of students with standard salary packages. Special placement training is provided for the students to attend the interviews confidently. Students are also encouraged and guided to take up entrepreneurial ventures.

Differential Factor

Benchmarked curriculum with cutting-edge industry realities, Internships, Soft skills training, experimental learning techniques, international guest faculty interactions, 360-degree professional growth roadmap, practice-based simulations are a few factors that make the college outstand among the top MBA Colleges of the city. The students are equipped to formalise their own ideas and look at them from a logical perspective. The course curriculum is designed in such a way that it brings out professionally competent leaders.

Contact Details

  • Address: Abhipur – 140109, District Mohali (Punjab), # 244, Sector- 16, Chandigarh -160015
  • Phone Number: 07307211222
  • Website: igef.net
  • Email: contact@igef.net

Indian Institute of Fashion & Design, Chandigarh

One of the top MBA Colleges exclusively dedicated to fashion designing, interior designing and beauty courses, IIFD is a pool of creativity. The college offers MBA in three specialisations, namely – MBA in Fashion Designing, MBA in Interior Designing, and MBA in Textile Designing. There is enormous scope for the creative industry in the current job market. The college equips the candidates with all the required skills to excel in the market.

Course Name – Entrance & Eligibility

Any undergraduate degree from a recognised university and a flair for fashion and creativity are the essential requirements to take up a course in IIFD. The college has expert counsellors who will assist you in the process of choosing the course based on your interest. Inquiries can be made online through the college website.

Placements at IIFD

IIFD’s unique feature is the provision of one to one career planning and placement assistance. IIFD students have been placed in high positions in the fashion industry. Also, the college helps the student to identify the company that best suits their interest. To train and facilitate them with the industry trends, frequent guest lectures are arranged in which Managers from various fashion industries address the students.

 Differential Factor

With very few colleges offering creative courses, IIFD stands apart in its range of the programmes provided. Furthermore, they provide state-of-the-art software training and hands-on training that keeps you in par with the current industry trends and requirements.

Contact Details

  • Address: SCO -479-80, 2nd Floor, Sector: 35-C Chandigarh, India
  • Phone Number: 9041766699
  • Website: http://iifd.in
  • Email: info@iifd.in

Gian Jyoti Institute of Management & Technology, Chandigarh

GJIMT is an college that works towards the all-round development of the student to graduate as a resource with global standards to productively serve the industry and society. Affiliated to Punjab Technical University, this college is located in the heart of the city and has been continuously developing in academics and placements.

Course Name – Entrance & Eligibility

Candidates must have a minimum three-year Bachelors degree in any disciple from a University Grants Commission (UGC) recognised university. A valid rank in CMAT is also required to apply for MBA. Various scholarships such as helping hands, Achievers, Samarth and so on are provided to motivate the students. The college also offers assistance for obtaining different education loans.

Placements at GJIMT

Several Blue Chip companies across a wide range of domains have been recruiting from this college every year. The highest annual salary package of Rs.7.5 Lakh is from the financial sector. Students are required to undergo a minimum of 45-days internship in order to qualify for the degree. The college radiates its ideology Aspire, Achieve, Ascend.

Differential Factor

The college has maintained its position among the top MBA Colleges of the nation according to the surveys conducted by Business Standard in the year 2017, Outlook in 2016 and Bureaucracy Today in 2015. Excellence in academics, infrastructure, teaching pedagogy, placement and training are the factors that have put the college in the limelight.

Contact Details

  • Address: Phase 2, Mohali (Near Bassi Theatre), Sector-54, Chandigarh, Punjab 160055, India
  • Phone Number: +91-172-226-4566
  • Website: https://www.gjimt.ac.in
  • Email: gjimt@gjimt.com

Shaheed Udham Singh College of Engineering & Technology, Chandigarh

SUSCET is an institution that instills professionalism in students and brings about cultural sensitivity. It provides an active learning environment and helps students indulge in collaborative learning. The MBA Global programme offered by the college gives an in-depth knowledge of the global business sector. A six to eight weeks industrial training is mandatory for successful completion of the program.

Course Name – Entrance & Eligibility

As most of the MBA Colleges, the minimum requirements include graduation in 10+2+3 format and a valid CAT, MAT, MET score. The admission procedure is followed by Group Discussion and Personal Interview. Based on the overall performance, the candidate is admitted into the college. The course is exclusively dedicated for training the student in key managerial skills that fit the international businesses.

Placements at SUSCET

The college offers placements in several private and government sector organisations and various departments. It also assists the students to strengthen themselves academically and identify their career goals through individual counselling and group discussion. There are over 30 companies that visit the campus annually for placements. The students have been successfully placed in various MNCs in the past.

Differential Factor

Being the first self-financed college in Punjab, the college has international academic alliances and has received the National Gold Star Award for Academic Excellence. International Internships for students is one of the best features which makes it outstand some of the other MBA Colleges of the city. The college makes way for students to be placed in MNCs, Global Financial organisations, indulge in research and entrepreneurship.

Contact Details

  • Address: SCO – 77, Phase II, Mohali.
  • Phone Number: 0172-4608207
  • Website: http://www.sus.edu.in
  • Email:admissions@sus.edu.in

Swami Parmanand College of Engineering and Technology (SPCET), Chandigarh   

This college belongs to Swami Paramanad Group of Colleges, established in the year 2004 with a view to providing quality education to people. Being one of the top MBA Colleges of Chandigarh, the college offers a two-year full-time MBA program that is affiliated to the Punjab Technical University. It imparts the students the required in management for resolution of problems. The college is also located in a lush green, eco-friendly environment that provides a conducive learning atmosphere for the students.

Course Name – Entrance & Eligibility

CMAT score is the primary criteria on which admission is made to the course. The candidate must also hold a bachelor’s degree from any discipline from a recognised university. Along with this, a part of the college admission is done through Government counselling, and the rest of the seats are filled by the Management.

Placements at SPCET

The students are trained in the campus with key skills for personality development and communication improvement. Students are placed in reputed concerns across the nation with decent starting salary packages. Several companies visit the campus every year for hiring the candidates. Induction programmes, summer internships, expert lectures by industrial experts and such round the clock events equip the students to be industry-ready candidates.

Differential Factor

Innovative learning techniques and methodologies are used such as extempore, Case studies, Business plan and game, mock interviews, seminars, group discussions and presentations. Interface with the industry, Guest lectures, project studies, industrial visits and interaction with experts are greatly emphasised and conducted by the institution on par with the top MBA Colleges of the nation.

Contact Details

  • Address: Jaulan Kalan, Distt. Mohali, Lalru, Punjab – 140507
  • Phone Number: 0176-2277100
  • Website: http://spcet.org
  • Email: info@spcet.org

University Institute of Applied Management Sciences, Chandigarh

In affiliation with the Punjab University, UIAMS is focused on fulfilling the growing needs and demands of the industry by producing graduates with promising skills. MBA in core functional areas such as Marketing, Human Resources, Finance and Operations is provided as specialisations by the college. The content development and delivery are continuously fine-tuned to stay updated with the managerial requirements of the industry.

Course Name – Entrance & Eligibility

The college offers MBA in Retail Management, Banking and Insurance, IT and Telecommunications, Infrastructural Management, Pharmaceutical Management and Hospital Management. The candidates require a bachelor’s degree from any recognised university. A nominal score in the national entrance tests will also be advantageous.

Placements at UIAMS

As one of the top MBA Colleges of the city, the college has a committed and dedicated placement cell that assists the students to find employment opportunities. A vast number of companies are associated with the college and visit the campus annually for placement purposes. Students also take up internships to get exposure and a real-time learning experience. The college has an exclusive E-Cell that believes in creating Innovative Entrepreneurs.

Differential Factor

The proactive learning approach along with a detailed academic course of action is the strength of the college. These features help in equipping the students for the various critical situations in the business world. Industry interaction and teaching pedagogy including activity-based learning methodologies help the students to acquire the required skills for their overall development.

Contact Details

  • Address: South Campus, Behind P.U. Alumni House, Punjab University, Sector 25, Chandigarh, U.T. – 160014, India
  • Phone Number: +91 172 2780125
  • Website: http://uiams.puchd.ac.in
  • Email: uiams@pu.ac.in

Conclusion

Comparison of the fee structure, eligibility for the entrance exam, cut off marks in the entrance exam, placements, specialisations and college ranking would be the main criteria that you will have to look into to analyse any college. Before you make that big decision, shortlist the college of your choice, learn about them by visiting, take a look at their websites, take up the entrance exams and apply for scholarships. Participate in discussions about the college and specialisations in social media and get all your doubts clarified.

While choosing your specialisation, it is very essential to have a vision about where you want to see yourself five to ten years from now. There are over 70 different streams offered by Management colleges across the nation. Each college provides different specialisations.

Specialisations in MBA

Based on your interest and ability, it is essential to choose a specialisation that would fit you. The MBA Colleges offers varied specialisations. The most popular and in demand choices are-

  • Finance: This is the best choice if you are interested in accounts and financial functions of an organisation. The various departments where this specialisation is put to work includes Asset Management, Treasury, Corporate Finance, Corporate Banking, Risk Management, Hedge Fund Management and so on.
  • Marketing: The key skills required for marketing is exemplary communication skills that include negotiation and convincing. MBA in marketing provides a dynamic career. In any organisation, marketing is of great importance as it directly affects the organisation’s new businesses, revenue growth and shares.
  • Human Resource Administration: Management of human resources of the organisation involves recruitment and training the employees to achieve the goals of the organisation. The curriculum imparts knowledge of social, cultural as well as economic factors influencing employee relations.
  • Operations: This specialisation deals with production and interdepartmental relations. It is a much sought after domain for those from Engineering fields. Operations Management comprises of Project management, Supply Chain Management, Resource Planning and Logistics.
  • Information Technology: Information and Communication Technology is a flourishing field with promising career opportunities almost everywhere. This specialisation involves effective planning and management of hardware and software IT solutions.
  • Entrepreneurship: This category helps you in understanding the complete requirements and traits to set up your own business. It also imparts the importance of networking, working with an entrepreneurial vision and the importance of leadership and coordination while indulging in business.
  • International Business: Specialisation in International Business helps to understand the global economy, international markets, logistics and trading across the nations. International Law, strategic alliances, joint ventures with international organisations require a great deal of understanding, which is provided by this specialisation.

Careers after MBA

The business team of any organisation is as critical to the growth as the technical team. There are practically innumerable opportunities for MBA graduates. Each specialisation has multiple designations and roles to be fulfilled. Some of the most common roles include

  • Asset Manager
  • Financial Assistant
  • Treasurer
  • Marketing Manager
  • Product Manager
  • Sales Manager
  • Market Research Analyst
  • Team Leader
  • HR Manager
  • Business Development Director
  • International Marketing Director
  • Operations Manager
  • Data Analyst
  • Healthcare Administrator
  • Public Relationships Officer
  • Information Systems Manager

The list can go on forever. The specialisations that have high demand in the job market include data analytics, business development, marketing and finance. The industries with the highest opportunities for MBA graduates are healthcare, technology and energy organisations. Picking the best among the top MBA Colleges is also one of the most important factors that help you find the right career.

Alongside these options is entrepreneurship which allows you to be the Chairman of your very own organisation be it product based or service based. But before stepping into entrepreneurship, the most critical factor is to know all the nook and corner of the business, which only education and experience can provide. That being said, with so many opportunities in hand, an MBA graduate can never run out of things to do.

Conclusion

MBA is a pandora box of diversified benefits like polishing of the essential managerial skills, business networking, equipping towards entrepreneurship, thriving career opportunities with a higher salary and much more. These are good enough reasons to choose MBA for higher education. Regardless of where you build your career, this degree will be recognised and will amplify your credibility in business.

This degree, allows you to get a holistic knowledge about business that comprises of Finance, Marketing, HRA, Operations, International Business, Information Technology, Entrepreneurship and much more, provided, you make the right choice in picking a college among the available MBA Colleges. It is the simplest method to gain diversified business proficiency in a short time. Leave a comment in case you have any query. We would be happy to help.

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Posted by Yogit Tyagi