Panjab University was established in the year 1882 in Lahore. After independence, it was re-located at Chandigarh. The University was incorporated for imparting education in the fields of Arts, Literature, Science, Commerce, and Business Management. Punjab University Business School (Formerly Department of Commerce and Business Management) has been imparting quality management education to develop dedicated, innovative and effective managers, researchers and teachers for above three decades. The University Business School (UBS) has consistently been ranked among the top 15 Business Schools and ranked second amongst the universities of India.