There are altogether five universities (Chandigarh, Patiala, Amritsar, Ludhiana and Jalandhar) in the State of Punjab. More than 200 colleges are affiliated to these universities. The range and diversity of subjects offered by the universities are as good as anywhere in the country. Presently three universities in the State have excellent departments of Business Management.

The Punjab Agricultural University at Ludhiana, well known for its outstanding contributions to education, research and extension services in the field of agriculture, also has a department of Business Management.

Three more new universities namely Punjab Technical University, Jalandhar, Punjab Medical University, Faridkot and Punjab Veterinary University Talwandi Sabo are established exclusively for technical education, medical education and veterinary sciences.

There are more than 200 colleges in Punjab affiliated to the five universities. There are five medical colleges in Punjab, one each at Patiala, Amritsar and Faridkot, run by the government and two private medical colleges at Ludhiana, including the famous Christian Medical College.

Apart from the Punjab Engineering College, located at the state capital of Chandigarh, there are eleven other engineering colleges in the state which are located at Ludhiana, Patiala, Jalandhar, Longowal, Gurdaspur, Ferozepur, Faridkot, Malout, Mohali, Fatehgarh Sahib and Bhatinda.