Recently, MBAUniverse.com has declared its third B School Rankings. More than 100 B schools, including IIMs, XLRI, FMS-Delhi University, JBIMS, SPJIMR, MDI, NMIMS University and IMT, participated in the survey. Publications like Business Today, Business World, The Week and Outlook also published their annual B School Ranking for 2012.
If you are an MBA aspirant who is looking for admission in the year 2013-15, you should choose the right B schools to apply for before selecting the final one on the basis of the final offers received.
You can apply to noted B schools (besides top 10-12) if your score is 75 percentile or above. Keep the IIMs, FMS, XLRI, MDI, etc out of the equation, and 75 percentile is good enough. This article of MBAUniverse.com presents you the top 30 B schools according to MBAUniverse.com B School ranking 2012-13 and the ranks of those B schools as per surveys carried out by Business Today, Business World, The Week and Outlook. This would give you a clear picture about the stature of the B School across various rankings.
The following table will give you the comparative ranks of the top 30 B schools.
Top 10 B Schools
|
B School
|
MBAUniverse.com Ranking 2012
|
Business Today 2012
|
Business world 2012
|
The Week 2012
|
Outlook 2012
|
|
IIM Ahmedabad
|
1
|
1
|
1
|
1
|
1 |
|
IIM Calcutta
|
2
|
2
|
2
|
4
|
3
|
|
IIM Lucknow
|
3
|
NA
|
NA
|
9
|
NA
|
|
XLRI Jamshedpur
|
4
|
4
|
3
|
5
|
4
|
|
NMIMS Mumbai
|
5
|
7
|
7
|
15
|
13
|
|
FMS Delhi
|
6
|
3
|
5
|
14
|
5
|
|
IIM Indore
|
7
|
6
|
NA
|
10
|
7
|
|
MDI Gurgaon
|
8
|
8
|
14
|
12
|
NA
|
|
SPJIMR
|
9
|
10
|
4
|
6
|
8
|
|
IIM Kozhikode
|
10
|
9
|
8
|
7
|
6
|
B schools ranked between 11 and 20
|
B School
|
MBAUniverse.com Ranking 2012
|
Business Today 2012
|
Business world 2012
|
The Week 2012
|
Outlook 2012
|
|
JBIMS Mumbai
|
11
|
11
|
21
|
8
|
NA
|
|
DMS, IIT Delhi
|
12
|
19
|
18
|
22
|
19
|
|
IIFT Delhi
|
13
|
24
|
11
|
11
|
9
|
|
NITIE Mumbai
|
14
|
15
|
6
|
17
|
10
|
|
IMT Ghaziabad
|
15
|
13
|
9
|
13
|
11
|
|
IMI New Delhi
|
16
|
37
|
16
|
27
|
14
|
|
XIM Bhubaneswar
|
17
|
17
|
10
|
21
|
12
|
|
BIMTECH Greater Noida
|
18
|
23
|
NA
|
NA
|
NA
|
|
TAPMI
|
19
|
45
|
27
|
18
|
18
|
|
SIMSREE Mumbai
|
20
|
73
|
NA
|
19
|
25
|
B schools ranked between 21 and 30
|
B School
|
MBAUniverse.com Ranking 2012
|
Business Today 2012
|
Business world 2012
|
The Week 2012
|
Outlook 2012
|
|
K J Somaiya Institute of Management Studies & Research Mumbai
|
21
|
40
|
15
|
28
|
17
|
|
MHRM Dept. of Humanities & Social Sciences, IIT Kharagpur
|
22
|
NA
|
NA
|
NA
|
NA
|
|
FORE School of Management, New Delhi
|
23
|
NA
|
NA
|
52
|
33
|
|
Prin. L N Welingkar Institute of Management Development & Research, Mumbai
|
24
|
21
|
28
|
32
|
26
|
|
LIBA Chennai
|
25
|
27
|
30
|
34
|
NA
|
|
IMT Nagpur
|
26
|
31
|
35
|
NA
|
NA
|
|
BIM Trichy
|
27
|
96
|
68
|
55
|
23
|
|
NIT Surathkal Karnataka
|
28
|
NA
|
NA
|
NA
|
NA
|
|
ITM Mumbai
|
29
|
29
|
45
|
NA
|
45
|
|
DMS, NIT Trichy
|
30
|
NA
|
74
|
78
|
34
|
Not all the B schools have participated in each of the rankings, which clarify ‘NA’ or ‘not applicable’ in the other rankings pertaining to certain B schools. In MBAUniverse.com raking, B schools like IIM Bangalore, SIBM Pune & Bangalore, Christ University did not participate among few others.
You can see a steep difference between the ranks of certain B schools according to different rankings. For example, NMIMS Mumbai is ranked 5th by MBAUniverse.com, 7th by Business Today and Business World and 15th and 13th by The Week and Outlook, respectively. This difference is caused by the methodologies applied. There are three broad categories of methodologies – factual, perception-based and a combination of the two.
The following paragraphs will tell you about the methodology of the various rankings. Let us start with the methodology of the MBAUniverse.com B School Ranking 2012.
Overall Rankings (which indicate relative quality of B schools) are calculated on the basis of three broad parameters & their respective weightages:
a) Input scores (30%); b) Process scores (39%); and c) Output scores (31%).
No perception data is used for arriving at MBAUniverse.com rankings.
Business Today, October 28, 2012, issue
According to Business Today, 205 B schools participated in the ranking process. This year, Business Today carried a factual and perception-based survey and combined the results.
Business World, 25 June, 2012, issue
This ranking comprises an objective, data-based survey, and a perceptual survey of various stakeholders in the management education system.
The Week, November 4, 2012, issue
The methodology consisted of a combination of information collected from B schools, HR managers, current and aspiring students, and the analysis of this information. About 700 B schools participated in the survey.
Outlook, October 1, 2012, issue
The methodology of this survey involved all the stakeholders – B schools, recruiters, faculty and students. The list of parameters and sub-parameters was kept the same as the previous year to ensure consistency and comparability. The survey was based on perceptual questionnaire and face-to-face interviews.
Source: Respective magazines.
Stay tuned to MBAUniverse.com for more on MBA Admissions 2013-15.
