Honestly I don’t have any idea about Chitkara University and its admission process for MBA. If you are not choosing Lovely Professional University for MBA, make sure you are into IIMs or the deemed government business schools of India. Moreover, I would suggest you go through NIRF rankings 2018 for B-Schools and plan accordingly. LPU has been ranked 38th. Also, spending more money on colleges has nothing to do with the quality of education. It has to do with the quality of their infrastructure (for private colleges).
I would say,Lovely Professional University is quite eminent for the MBA. You can do MBA in different streams like Financial markets, International Business, Tourism and hospitality, Banking and insurance, E-Commerce, Fintect, Business Analytics, etc. So you can choose any of the above-revealed streams according to your area of interest.