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Last Updated on August 27, 2024 by Prof. SK Agarwal

NIRF Rankings 2024: Which B-schools have made Biggest Improvement, and How! Check complete Analysis with Charts & Data on MBAUniverse.com College Microsite (Part 1)

NIRF Ranking 2024 Management, the most awaited rankings for B-schools in India, was released on August 12. While there were few changes in the top end of the rankings, there were plenty of surprises in the rest. So, which are the Top 10 B-schools that have made the biggest improvement in NIRF Ranking 2024? What are the reasons for the improvements? Read this in-depth analysis by MBAUniverse.com with interactive Charts & Data. 

NIRF Rankings 2024: Which B-schools have made Biggest Improvement, and How! Check complete Analysis with Charts & Data on MBAUniverse.com College Microsite (Part 1)

Let’s start with the Government and Public B-schools. In the next article in this series, we will cover Private B-schools including PGDM B-schools and Private University B-schools. We will also cover the B-schools which have performed poorly in NIRF Rankings 2024.

Indian Institute of Foreign Trade (IIFT) New Delhi

At the top of the charts is Indian Institute of Foreign Trade (IIFT) New Delhi. IIFT jumped by, hold your breath!, 12 ranks to get ranked at #15 in NIRF Management Ranking 2024. Check table 1 (A) below.

Table 1 (A): NIRF 2024 Rankings for IIFT New Delhi


B-school
NIRF Ranking 2024
Ranking Gain
NIRF Ranking 2023
Indian Institute of Foreign Trade, New Delhi
15
+12
27

What led to this change, you may ask! As the MBAUniverse.com IIFT New Delhi Ranking Page reveals, the Total Score for IIFT increased from 297.28 to 309.72. Check Chart 1 below. Almost all parameters including Teaching, Learning & Resources (TLR), Research and Professional Practice (RP), Graduation Outcomes (GO) contributed to this increase in total scores. However, a fall in Perception Score is noticeable. Check Table 1 below. 

Table 1 (B): IIFT New Delhi NIRF Rankings – Parameter wise Scores

NIRF
Total Score
TLR
RPC
GO
OI
Perception
2024
309.72
80.36
32.8
87.49
66.49
42.58
2023
297.28
73.49
27.81
86.17
61.48
48.33
2022
291.05
78.27
24.25
86.91
52.96
48.66

Source: MBAUniverse.com IIFT New Delhi Ranking Page

Chart 1: IIFT New Delhi NIRF Rankings – Parameter wise ChartIIFT

Source: MBAUniverse.com IIFT New Delhi Ranking Page

Led by Dr. Rakesh Mohan Joshi, Vice Chancellor, IIFT New Delhi has undoubtably got a big boost from NIRF Rankings 2024. To create parameter wise charts for TLR, RPC and other parameters, check interactive MBAUniverse.com IIFT New Delhi Ranking Page.

Indian Institute of Management (IIM) Nagpur

Next on the charts is Indian Institute of Management (IIM) Nagpur. Like IIFT, IIM Nagpur too jumped by 12 rankings to get ranked at #31 in NIRF Management Ranking 2024. Check table 2 (A) below.

Table 2: NIRF 2024 Rankings for IIM Nagpur


B-school
NIRF Ranking 2024
Ranking Gain
NIRF Ranking 2023
Indian Institute of Management Nagpur
31
+12
43

What led to this jump? As the MBAUniverse.com IIM Nagpur Ranking Page reveals, the Total Score increased from 277.40 (2023) to 285.40 (2024). While almost all parameters contributed to this growth, the score for Research and Professional Practice (RP) jumped significantly from 15.93 to 27.18. However, a significant fall in Perception Score of IIM Nagpur is noticeable. Check MBAUniverse.com IIM Nagpur Ranking Page.

Chart 2: IIM Nagpur NIRF Rankings – Parameter wise Chart
IIM NAGPUR
Source: MBAUniverse.com IIM Nagpur Ranking Page.

Led by Dr. Bhimaraya Metri, Director, IIM Nagpur has got a boost from NIRF Rankings 2024. To check parameter wise charts for TLR, RPC and other parameters, visit interactive MBAUniverse.com IIM Nagpur Ranking Page.

Indian Institute of Management (IIM) Bodh Gaya

Another IIM where there is a significant jump in the rankings is Indian Institute of Management (IIM) Bodhgaya. The NIRF Ranking for IIM Bodh Gaya jumped by 20 ranks! As a result, IIM Bodh Gaya is ranked at #33 from #53 last year. Check table 3 below.

Table 3: NIRF 2024 Rankings for IIM Bodh Gaya

B-school
NIRF Ranking 2024
Ranking Gain
NIRF Ranking 2023
Indian Institute of Management Bodh Gaya
33
+20
53

Chart 3: IIM Bodh Gaya NIRF Rankings – Parameter wise Chart
IIM BODH GAYA

Source: MBAUniverse.com IIM Bodh Gaya Ranking Page.

Led by Dr. Vinita S. Sahay, Director, IIM Bodh Gaya has got a very big boost from NIRF Rankings 2024. To check parameter wise charts for TLR, RPC and other parameters, visit interactive MBAUniverse.com IIM Bodh Gaya Ranking Page.

Indian Institute of Management (IIM) Ranchi

Led by Prof. Deepak Kumar Srivastava, Director, Indian Institute of Management (IIM) Ranchi has seen a good jump in its NIRF Ranking 2024. IIM Ranchi is ranked at #17 in NIRF 2024, up from #24 rank in the previous year’s ranking. Check table 4 below.

Table 4: NIRF 2024 Rankings for IIM Ranchi

B-school
NIRF Ranking 2024
Ranking Gain
NIRF Ranking 2023
Indian Institute of Management Ranchi
17
+7
24

Source: MBAUniverse.com (IIM) Ranchi Ranking Page.

Chart 4: IIM Ranchi NIRF Rankings – Parameter wise Chart

IIM RANCHI
Source: MBAUniverse.com (IIM) Ranchi Ranking Page.

To check parameter wise charts for TLR, RPC and other parameters, visit interactive MBAUniverse.com (IIM) Ranchi Ranking Page.

Indian Institute of Management (IIM) Sirmaur

Led by Prof. Prafulla Y. Agnihotri, Director, IIM Sirmaur is one of the youngest IIM in India and is located in a relatively remote location in Himachal Pradesh. IIM Sirmaur has shown the biggest improvement in the NIRF Rankings 2024. It’s ranking jumped by phenomenal 41 ranks! While it was ranked at #98, its ranking has surged to #57 in NIRF Ranking 2024.

Table 4: NIRF 2024 Rankings for IIM Sirmaur

B-school
NIRF Ranking 2024
Ranking Gain
NIRF Ranking 2023
Indian Institute of Management, Sirmaur
57
+41
98

Chart 5: IIM Sirmaur NIRF Rankings – Parameter wise Chart
IIM SIRMAUR

Source: MBAUniverse.com IIM Sirmaur Ranking Page.

To check parameter wise charts for TLR, RPC and other parameters, visit interactive MBAUniverse.com IIM Sirmaur Ranking Page.

NIRF Rankings Methodology

The National Institutional Ranking Framework (NIRF) ranks institutions in India using a methodology that's based on a set of pre defined metrics and parameters. The ranking process groups these parameters into five clusters and assigns different weights to each cluster based on the type of institution. The total scores across these parameters determine the rank of each institution.

Summary of Ranking Parameters and Weightages – 2024 (Management)

Sr. No.
Parameter
Marks
Weightage
1
Teaching, Learning & Resources
100
0.30
2
Research and Professional Practice
100
0.30
3
Graduation Outcomes
100
0.20
4
Outreach and Inclusivity
100
0.10
5
Perception
100
0.10

Next article in this series will be on Private B-schools, including PGDM B-schools and Private University B-schools, that have made the biggest improvement in NIRF Ranking 2024 Management. We will also cover the B-schools which have performed poorly in NIRF Rankings 2024.

Stay tuned to MBAUniverse.com

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