Survey Methodology Overview

How we arrived at the MBAUniverse.com B-school Rankings 2013-14

• Under the guidance of our advisor Dr Bakul Dholakia, former director, IIM Ahmedabad, the MBAUniverse.com Intelligence Unit framed the survey methodology, collected and analyzed the data.
• For arriving at the rankings, we invited 200+ B-schools to share their data through a 15-page questionnaire. All prominent B-schools participated in the survey.
• Only B-schools that are recognized by appropriate authority/body were invited to participate.
• In a few cases, to get authentic data for the benefit of MBA aspirants community, MBAUniverse.com resorted to the Right to Information (RTI) Act to ensure that B-schools share required data.
• MBAUniverse.com Rankings are based on the latest student, faculty and placements data. All questions were pertaining to the current batch admitted in June/July 2013.
• Overall rankings (which indicate relative quality of B-schools) are calculated on the basis of three broad parameters & their respective weightages: Input scores; Process scores; and Output scores.
• To help student community make better sense of our ranking, we have published key data points for each of the Top 25 B-schools.

NO PERCEPTION DATA IS USED FOR ARRIVING AT MBAUniverse.com Rankings.

Input scores are based on following key sub-parameters:

• Number of applications received
• Quality of student intake via entrance exam (CAT, XAT, others) cut-off scores
• Work experience of students admitted

Process scores are based on following sub-parameters:

• Size & quality of full time faculty: Quality of faculty is judged on percentage of faculty with a PhD, their teaching experience, and industry experience where applicable.
• Size and quality of visiting faculty
• Industry exposure: Based on quantity and quality of industry speakers visiting campus
• Physical infrastructure: Residential campus (that promotes holistic learning) is given higher weightage than non-residential
Output scores are based on following sub-parameters:
• Placements performance: As measured by percentage of students placed and their median salary
• Academic output: As determined by the number of research papers, consultancy assignments, and MDPs

Please refer to our detailed research methodology note (below) for more details.

Compare B-schools on the basis of zones and cities

     Filter by Zone     North     East     West     South     All
      Filter by City     Delhi     Mumbai     Kolkata     Chennai     Pune
    Bangalore     Gurgaon     Noida     Ghaziabad    

Compare B-schools according to Ranking, Students, Faculty, Infrastructure and more

Overall Ranking:

Overall
Rank
Institute Name
Location
Scaled Score*
(Max -1000)
1
Ahmedabad
2000
2
Kolkata
0
3
Bengaluru / Bangalore
0
4
Jamshedpur
0
5
Mumbai
0
6
Lucknow
0
7
Calicut / Kozhikode
0
8
Indore
0
9
99999
0
10
Delhi / NCR
0
11
Delhi / NCR
0
12
Delhi / NCR
0
13
Mumbai
0
14
Mumbai
0
15
Delhi / NCR
0
16
Delhi / NCR
0
17
Karnataka - Other
0
18
Trichy
0
19
Delhi / NCR
0
20
Pune
0
21
Mumbai
0
22
Delhi / NCR
0
23
Shillong
0
24
Mumbai
0
25
Ranchi
0
26
Bengaluru / Bangalore
0
27
Pune
0
28
Kharagpur
0
29
Delhi / NCR
0
30
Udaipur
0
31
Anand
0
32
Mumbai
0
33
Chennai
0
34
Mumbai
0
35
Bengaluru / Bangalore
0
36
Delhi / NCR
0
37
Bengaluru / Bangalore
0
38
Chennai
0
39
Bengaluru / Bangalore
0
40
Bhubaneswar
0
41
Pune
0
42
Delhi / NCR
0
43
Nagpur
0
44
Pune
0
45
Delhi / NCR
0
46
Delhi / NCR
0
47
Delhi / NCR
0
48
Mysoru / Mysore
0
49
Hyderabad / Secunderabad
0
50
Vellore
0
51
Bengaluru / Bangalore
0
52
Ranchi
0
53
Delhi-NCR
0
54
Hyderabad / Secunderabad
0
55
Pune
0
56
Pune
0
57
Mumbai
0
58
Delhi / NCR
0
59
Mumbai
0
60
Bengaluru / Bangalore
0
61
Bhubaneswar
0
62
Pune
0
63
Hyderabad / Secunderabad
0
64
Bengaluru / Bangalore
0
65
Delhi / NCR
0
66
Pune
0
67
Nasik
0
68
Coimbatore
0
69
Hyderabad / Secunderabad
0
70
Pune
0
71
Pune
0
72
Cochin / Ernakulam / Kochi
0
73
Pune
0
74
Pune
0
75
Delhi
0
76
Madurai
0
77
Delhi / NCR
0
78
Visakhapatnam
0
79
Delhi / NCR
0
80
Delhi
0
81
Cochin / Ernakulam / Kochi
0
82
Bengaluru / Bangalore
0
83
Ahmedabad
0
84
Karnataka - Other
0
85
Delhi / NCR
0
86
Bengaluru / Bangalore
0
87
Mumbai
0
88
Coimbatore
0
89
Hyderabad / Secunderabad
0
90
Delhi / NCR
0
91
Kanpur
0
92
Coimbatore
0
93
Delhi / NCR
0
94
Indore
0
95
Delhi / NCR
0
96
Bengaluru / Bangalore
0
97
Delhi / NCR
0
98
Pune
0
99
Varanasi / Banaras
0
100
Hyderabad / Secunderabad
0
 
* These Score are Scaled Scores, where the highest scoring B-school has maximum 1000 score, and the lowest scoring B-school has 0 score.
Overall Input Ranking:
Overall
Rank
Institute Name
Location
Input Rank
1
Ahmedabad
2
2
Kolkata
3
3
Bengaluru / Bangalore
1
4
Jamshedpur
7
5
Mumbai
11
6
Lucknow
4
7
Calicut / Kozhikode
6
8
Indore
5
9
99999
9
10
Delhi / NCR
16
11
Delhi / NCR
18
12
Delhi / NCR
8
13
Mumbai
12
14
Mumbai
10
15
Delhi / NCR
13
16
Delhi / NCR
15
17
Karnataka - Other
19
18
Trichy
14
19
Delhi / NCR
33
20
Pune
17
21
Mumbai
26
22
Delhi / NCR
23
23
Shillong
21
24
Mumbai
28
25
Ranchi
22
26
Bengaluru / Bangalore
36
27
Pune
20
28
Kharagpur
29
29
Delhi / NCR
27
30
Udaipur
24
31
Anand
32
32
Mumbai
25
33
Chennai
31
34
Mumbai
35
35
Bengaluru / Bangalore
51
36
Delhi / NCR
52
37
Bengaluru / Bangalore
30
38
Chennai
34
39
Bengaluru / Bangalore
40
40
Bhubaneswar
39
41
Pune
59
42
Delhi / NCR
50
43
Nagpur
42
44
Pune
44
45
Delhi / NCR
43
46
Delhi / NCR
49
47
Delhi / NCR
37
48
Mysoru / Mysore
45
49
Hyderabad / Secunderabad
38
50
Vellore
78
51
Bengaluru / Bangalore
77
52
Ranchi
46
53
Delhi-NCR
41
54
Hyderabad / Secunderabad
89
55
Pune
53
56
Pune
73
57
Mumbai
61
58
Delhi / NCR
57
59
Mumbai
47
60
Bengaluru / Bangalore
74
61
Bhubaneswar
48
62
Pune
71
63
Hyderabad / Secunderabad
58
64
Bengaluru / Bangalore
69
65
Delhi / NCR
55
66
Pune
70
67
Nasik
56
68
Coimbatore
64
69
Hyderabad / Secunderabad
66
70
Pune
54
71
Pune
62
72
Cochin / Ernakulam / Kochi
63
73
Pune
72
74
Pune
67
75
Delhi
75
76
Madurai
68
77
Delhi / NCR
93
78
Visakhapatnam
88
79
Delhi / NCR
80
80
Delhi
60
81
Cochin / Ernakulam / Kochi
90
82
Bengaluru / Bangalore
76
83
Ahmedabad
65
84
Karnataka - Other
91
85
Delhi / NCR
81
86
Bengaluru / Bangalore
84
87
Mumbai
82
88
Coimbatore
87
89
Hyderabad / Secunderabad
98
90
Delhi / NCR
97
91
Kanpur
83
92
Coimbatore
85
93
Delhi / NCR
96
94
Indore
86
95
Delhi / NCR
100
96
Bengaluru / Bangalore
79
97
Delhi / NCR
101
98
Pune
102
99
Varanasi / Banaras
99
100
Hyderabad / Secunderabad
94
 
Overall Process Ranking:
Overall Rank
Institute Name
Location
Process Rank
1
Ahmedabad
1
2
Kolkata
2
3
Bengaluru / Bangalore
3
4
Jamshedpur
4
5
Mumbai
6
6
Lucknow
11
7
Calicut / Kozhikode
9
8
Indore
7
9
99999
8
10
Delhi / NCR
12
11
Delhi / NCR
5
12
Delhi / NCR
20
13
Mumbai
28
14
Mumbai
16
15
Delhi / NCR
17
16
Delhi / NCR
10
17
Karnataka - Other
15
18
Trichy
30
19
Delhi / NCR
13
20
Pune
23
21
Mumbai
14
22
Delhi / NCR
22
23
Shillong
37
24
Mumbai
47
25
Ranchi
40
26
Bengaluru / Bangalore
18
27
Pune
32
28
Kharagpur
25
29
Delhi / NCR
70
30
Udaipur
64
31
Anand
38
32
Mumbai
53
33
Chennai
35
34
Mumbai
42
35
Bengaluru / Bangalore
21
36
Delhi / NCR
24
37
Bengaluru / Bangalore
67
38
Chennai
68
39
Bengaluru / Bangalore
34
40
Bhubaneswar
36
41
Pune
58
42
Delhi / NCR
26
43
Nagpur
31
44
Pune
45
45
Delhi / NCR
79
46
Delhi / NCR
52
47
Delhi / NCR
46
48
Mysoru / Mysore
59
49
Hyderabad / Secunderabad
55
50
Vellore
19
51
Bengaluru / Bangalore
27
52
Ranchi
43
53
Delhi-NCR
48
54
Hyderabad / Secunderabad
29
55
Pune
41
56
Pune
39
57
Mumbai
33
58
Delhi / NCR
51
59
Mumbai
95
60
Bengaluru / Bangalore
57
61
Bhubaneswar
89
62
Pune
44
63
Hyderabad / Secunderabad
49
64
Bengaluru / Bangalore
61
65
Delhi / NCR
72
66
Pune
66
67
Nasik
62
68
Coimbatore
50
69
Hyderabad / Secunderabad
60
70
Pune
97
71
Pune
99
72
Cochin / Ernakulam / Kochi
82
73
Pune
63
74
Pune
78
75
Delhi
65
76
Madurai
77
77
Delhi / NCR
56
78
Visakhapatnam
73
79
Delhi / NCR
69
80
Delhi
90
81
Cochin / Ernakulam / Kochi
81
82
Bengaluru / Bangalore
75
83
Ahmedabad
94
84
Karnataka - Other
71
85
Delhi / NCR
74
86
Bengaluru / Bangalore
80
87
Mumbai
84
88
Coimbatore
86
89
Hyderabad / Secunderabad
83
90
Delhi / NCR
54
91
Kanpur
91
92
Coimbatore
96
93
Delhi / NCR
87
94
Indore
85
95
Delhi / NCR
93
96
Bengaluru / Bangalore
102
97
Delhi / NCR
76
98
Pune
100
99
Varanasi / Banaras
101
100
Hyderabad / Secunderabad
103
 
Overall Output Ranking:
Overall Rank
Institute Name
Location
Out put Rank
1
Ahmedabad
1
2
Kolkata
5
3
Bengaluru / Bangalore
7
4
Jamshedpur
4
5
Mumbai
6
6
Lucknow
10
7
Calicut / Kozhikode
11
8
Indore
15
9
99999
8
10
Delhi / NCR
9
11
Delhi / NCR
20
12
Delhi / NCR
2
13
Mumbai
3
14
Mumbai
16
15
Delhi / NCR
12
16
Delhi / NCR
21
17
Karnataka - Other
24
18
Trichy
19
19
Delhi / NCR
34
20
Pune
22
21
Mumbai
18
22
Delhi / NCR
28
23
Shillong
13
24
Mumbai
17
25
Ranchi
33
26
Bengaluru / Bangalore
31
27
Pune
26
28
Kharagpur
23
29
Delhi / NCR
14
30
Udaipur
27
31
Anand
25
32
Mumbai
28
33
Chennai
30
34
Mumbai
38
35
Bengaluru / Bangalore
58
36
Delhi / NCR
39
37
Bengaluru / Bangalore
36
38
Chennai
32
39
Bengaluru / Bangalore
40
40
Bhubaneswar
43
41
Pune
29
42
Delhi / NCR
64
43
Nagpur
53
44
Pune
41
45
Delhi / NCR
51
46
Delhi / NCR
37
47
Delhi / NCR
54
48
Mysoru / Mysore
35
49
Hyderabad / Secunderabad
46
50
Vellore
91
51
Bengaluru / Bangalore
61
52
Ranchi
66
53
Delhi-NCR
72
54
Hyderabad / Secunderabad
60
55
Pune
67
56
Pune
59
57
Mumbai
45
58
Delhi / NCR
65
59
Mumbai
42
60
Bengaluru / Bangalore
44
61
Bhubaneswar
47
62
Pune
55
63
Hyderabad / Secunderabad
77
64
Bengaluru / Bangalore
52
65
Delhi / NCR
70
66
Pune
56
67
Nasik
84
68
Coimbatore
81
69
Hyderabad / Secunderabad
69
70
Pune
63
71
Pune
50
72
Cochin / Ernakulam / Kochi
74
73
Pune
83
74
Pune
73
75
Delhi
80
76
Madurai
76
77
Delhi / NCR
68
78
Visakhapatnam
57
79
Delhi / NCR
75
80
Delhi
87
81
Cochin / Ernakulam / Kochi
49
82
Bengaluru / Bangalore
88
83
Ahmedabad
86
84
Karnataka - Other
89
85
Delhi / NCR
85
86
Bengaluru / Bangalore
78
87
Mumbai
82
88
Coimbatore
79
89
Hyderabad / Secunderabad
71
90
Delhi / NCR
94
91
Kanpur
90
92
Coimbatore
92
93
Delhi / NCR
96
94
Indore
98
95
Delhi / NCR
93
96
Bengaluru / Bangalore
97
97
Delhi / NCR
100
98
Pune
95
99
Varanasi / Banaras
99
100
Hyderabad / Secunderabad
103
.
Advisory Body

Dr. Bakul Dholakia
Former Director, Indian Institute of Management - Ahmedabad and Padma Shri awardee

Dr. Bakul Dholakia is currently an advisor to the Adani Group. Prior to joining Adani Group, he was director of IIM Ahmedabad. He has 40 years of professional experience including 34 years at IIM Ahmedabad. In 2007, Dr. Dholakia was awarded Padma Shri in recognition of his distinguished services in the field of education.

Dr. Dholakia occupied the Reserve Bank of India Chair from 1992 to 1999, served as the dean from 1998 to 2001 and as the director of the Institute from 2002 to 2007. Dr. Dholakia has been a major motivator and a guiding force behind numerous initiatives & expansion of activities at IIMA. His vision and strategic leadership have contributed to IIMA's enhanced international image and global recognition. He is widely recognized for his contribution to management education in India.



.
Survey Methodology Overview
MBAUniverse.com B-school Survey 2013 - 14

Research Methodology Note

November 9, 2013

Any research output is as credible as the methodology and the data behind it. Understanding that a very large number of candidates will trust our MBAUniverse.com B school rankings survey for selecting the B-schools to apply and eventually take admission, we were very sensitive towards both the aspects: methodology and data.

We started the 4nd annual MBAUniverse.com B-school Survey 2013 by seeking guidance and inputs from our distinguished advisory body, Chaired by Dr. Bakul Dholakia, former Director, IIM Ahmedabad. Our advisory body formulated the overall context & mission for the survey to create a highly credible B-school ranking that helps three key stakeholders: Prospective MBA students, Recruiters and B-school Administration. The MBAUniverse.com Intelligence Unit conducted the data collection and analysis under the guidance of our research committee comprising of senior statisticians from organizations like NCAER & leading market research agencies.

RESEARCH METHODOLOGY:

The most critical aspect of any methodology is that the same should be based on data and hard evidence and should be devoid of any kind of subjectivity. As ranking B-schools involves quantifying a lot of qualitative information, it is very important to ensure that any subjectivity or bias is not allowed to creep in. Across all phases of the project, adequate precaution was taken to ensure that the ranks are based on data, and not merely perceptions.

Step 1: Generation of parameters
The parameters that make a good B-school should be decided by the key stakeholders of this eco-system and can’t be left at the mercy of the intellect of the researcher or on-desk research. Keeping this in mind, we conducted an extensive survey wherein an exhaustive (laundry) list of all parameters that the stakeholders believe make a good B-school was drawn. The next obvious challenge was to reduce this list to ensure that co-related parameters were taken care of. We also used data from 100 Directors & Deans on what they considered as important parameters.

Step 2: Selecting the most important parameters
Having identified the attributes, a Principal Component Analysis was used to reduce this list to most important components that explain maximum variance.

Step 3: Arriving at weights of parameters
The regression technique was used to arrive at weights of these parameters based on last year's data. Since the context is dynamic and things could have changed from the last year, all B-school directors were asked to state the weights to all parameters as well.

The weights arrived at, based on the regression of last year's data, were further fine tuned based on the stated weights of B-school academic leaders, giving equal weight to all of them at every level. Not surprisingly, minor aberrations were found in the two and data suggests that these were because of the dynamism of context (change in preference over previous years). As a result of this step, we were able to arrive at final weights of various parameters.

Data suggested that the final rank was a function of Input, Output and Process (IOP) parameters. It may be noted that MBAUniverse.com was the first one to use this methodology, which is clear from the published material available in public domain for over one year now. Not surprisingly, in 2011 & 2012, other publications and ranking organizations tried to copy this MBAUniverse.com methodology.

The mathematical equation at the macro level was found to be:

Final Score^ (F) = f [Input Score^ (I), Process Score^ (P), Output Score^ (O)],
Mathematical relation being found to be:
F = (0.21*I) + (0.48*P) + (0.31*O)

Where:
Input Score^ (I) = f [Number of applications per seat (n), Quality of intake as determined by the candidate's entrance exam cut-off scores (q), % of candidates with professional degrees (p), cumulative past work experience of last year's class (e)] 1
Process Score^ = f [Faculty (Gross Numbers & ‘Quality’) (f) 2, Infrastructure (i) 3]
Output Score = f [Final Placements achieved (s) 4, Academic Output as determined by the number of Research Papers, Consultancy assignments, and MDP's (a) 5]



 


.
In depth Analysis of Top 25 B-schools
MBAUniverse.com is committed to help MBA aspirants take correct admission decisions by providing authentic information. To offer total transparency and better understanding of our survey, we are sharing important data points used to analyse and rank top 25 B-schools. As you can see from the table below, a B-school may perform very well on a parameter (say number of faculty), but its overall ranking maybe lower because it fails to perform as well on other parameters (CAT cut-off or placements). High relative performance in all three parameters -- quality of input (students), process (faculty & academic infra) and output (placements) makes a holistic B-school.
Rank Overall
Institute Name
Q5_Cut Off CAT (%)
No. of Permanent Faculty
Q22_Median Salary_Domestic
1
99.80
88
1450000*
2
99.00
95
17280000
3
99.59
91
1800000
4
XAT-91.25
66
1620000
5
90.00
86
NA
6
92.00
51
1595000
7
98.56
29
1600000
8
NMAT-95%
88
1380000
9
85.00
62
1231000
10
95.70
72
1200000
11
IIFT Exam
47
1150000
12
92.50
58
980000
13
94.00
56
1136000
14
CMAT-99.94
5
1350000
15
90.00
59
1200000
16
97.00
49
1100000
17
92.49
75
810000
18
99.00
22
1100000
19
80.00
19
1150000
20
85.00
70
610000
21
SNAP-91.75
24
1052000
22
86.00
39
850000
23
87.25
36
750000
24
90.00
17
1175000
25
98.05
18
1200000

.