Lateral entry

Yes, the option is available to you.
Read the Eligibility details below:
M.Sc Computer Science (SW) PART-II (Lateral Entry Scheme)
Pass in any one of the following examinations of this University or any other University/ Institute/DOEACC Society recognized by UGC/AICTE/DEC/Govt. of India/State Government:
(i) M.Sc Part-I in any area of Computer;
(ii) One year Diploma Course after graduation in any area of Computer.
NOTE:
1. The candidates who have reappeared in the courses as mentioned above from Serial number (i) to (ii) are not eligible for admission to M.Sc. Part-II even provisionally.
2. The candidates shall be required to pass both the parts of the course within four years from their admission to Part-I of the course.
A candidate who fails to pass the whole examination (Part-I & II) within four years of his/her admission to these courses, will be required to repeat the course de novo. However, this time limit would be three years in the case of candidates who take admission in Part-II under lateral entry scheme after passing one year Diploma course as above.
3. The candidates who are taking admission to M.Sc. (CS)-II year under Lateral Entry Scheme may attach two attested copies of the certificates of the qualifying examination.

Kurukshetra University does not seem to facilitate such a thing. The 2 Years MBA prog takes admission in First Year through established procedures.
http://www.kuk.ac.in/information.php?action=showContent&abc=L3&L01_id=OA==&L01_direction=H&L03_id=ODM=&L02_id=NDQ=&sublevel=y
The Department of Management or University School of Management says this on their portal:
Course Name : MASTER OF BUSINESS ADMINISTRATION (MBA)
Course Duration: 2 Years( 4 Semester)
Seats:120+1*
Approx. Fee: 20,000/- P.A.
Admission:Common Admission Test (CAT)
Eligibility Conditions for Admission:
The University School of Management offers the following two MBA Programmes:
1. Master of Business Administration (MBA) under budgeted scheme.
2. Master of Business Administration (MBA) under self-financing scheme.
(i) A person who has passed Bachelors Degree or Post-graduate Degree in any discipline from this University or from any recognized University with not less than 50% marks in the aggregate (47.5% marks in case of SC/ST candidates) shall be eligible to apply for admission to the MBA/MBA(SFS) First Semester course.
(ii) 5% relaxation in minimum eligibility condition will be given to blind/differently abled candidates.
(iii) There shall be no rounding off percentage of marks from 49.5% and about to 50% for the purpose of eligibility.
(iv) Candidate who has placed under compartment is not eligible for admission to MBA course.
(v) Kurukshetra University conducts its own entrance test and candidate must have appeared in entrance test.
Procedure for Preparing the Merit List
(i) The procedure for preparing the merit on the basis of Own Entrance Test scores, Group Discussion and Personal Interview will be as follows :
Weightage of Own Entrance Test Score : 80% (of the candidates percentage in the own Entrance Test.)
Marks of Group Discussion : 10
Marks of Personal Interview : 10
Fee Structure and No of Seats:
Course Fee Seats
M.B.A. (under budgeted scheme) : Rs. 30,000/- P.A. 120+2*
M.B.A. (under self-financing scheme) : Rs. 70,000/- P.A. 60+1*
(*for Kashmiri Migrant)
http://www.kuk.ac.in/information.php?action=showContent4&L01_id=OA==&L01_directio