IIMs, SPJIMR, MDI, IIFT or DMS@IIT? MBAUniverse.com Ranking 2022 reveals India Top B-schools for MBA Aspirants

Regarded as one of India’s most credible B-school Rankings, the 12^th edition of MBAUniverse.com Ranking 2022 has been released on January 1, 2022. This prestigious ranking documents the changing landscape of management education and offers plenty of surprises. In a significant result from the survey, IIM Bangalore has secured the No 1 Rank for the first time, while IIM Ahmedabad and IIM Calcutta are ranked at #2 and #3 positions respectively. The Ranking underscores the rapid rise of new IIMs into the top league table even as top private B-schools like SPJIMR, MDI and NMIMS have steadfastly held on, despite rising competition.

Before we come to Top 10 and Top 20 B-schools featured in this Rankings, it’s important to note the survey methodology that will explain the rankings. Since 2010, MBAUniverse.com Ranking has championed the use of only ‘Objective Data’, without any ‘Perception Survey’ data to ensure transparency. Designed exclusively for MBA aspirants, this Ranking is based on 360-degree assessment that balances the three pillars of a B-school: Input (student quality & diversity), Processes (faculty, academics, research, and international accreditation) and Outcomes (placements, startups). More than 200 B-schools participated in this ranking. Read more.

Key Highlights of MBAUniverse.com Ranking 2022:

• IIM Bangalore is the new No 1 B-school in India. As our survey notes, IIM Bangalore is leading from the front when it comes to research and thought-leadership, even at the matches its elder siblings on Placements and other Parameters.
• IIM Ahmedabad at #2 Rank and IIM Calcutta at #3 Rank are amongst Top 3 B-schools in India.
• Despite stiff competition from IIMs, top private B-schools like SPJIMR, MDI and NMIMS Mumbai have held on to their leadership by successfully differentiating their programs.
• New IIMs particularly IIM Udaipur and IIM Trichy have shown significant all-round improvements. It is highly creditable that within a decade of their establishment, they are ranked amongst Top 20 B-schools in India.
• Inspite of tough competition from new IIMs and IITs, top PGDM B-schools like IMT Ghaziabad, IMI New Delhi, TAPMI have earned presence in coveted Top 20 Ranks.
• Other public institutions IIFT Delhi and IIT B-schools also continue to get high rankings on MBAUniverse.com ranking. Shailesh J. Mehta School of Management, IIT Bombay has gained entry into the coveted Top 20 league table in this ranking and DMS at IIT Delhi is not too far behind.
• Private University based B-schools like NMIMS Mumbai, XIM Bhubaneshwar, SCMHRD Pune, KJ Somaiya Mumbai have demonstrated that business education can thrive in University setup too. However, a lot more needs to be done by 500+ Private Universities to improve their MBA outcomes.
• Many of Non-IIM B-schools in the coveted Top 35 list are PGDM B-schools including GIM, IRMA, Welingkar, BIMTECH, LBSIM, LIBA and a few others.
• New IIMs are fast breaking into the top league. IIM Nagpur, IIM Amritsar, IIM Sambalpur and IIM Amritsar - are part of the Top 35 B-schools in India, according to MBAUniverse.com 2022 Ranking.

Top 10 B-schools in India by MBAUniverse.com Ranking 2021
Here is the list of the most coveted Top 10 B-schools in India! While there isn’t much that separates the top three IIMs, IIM Bangalore has managed to edge past its elder siblings. Couple of factors explain this. IIM Bangalore is leading from the front when it comes to research and thought-leadership. For instance, amongst all IIMs, IIM Bangalore had maximum No. of Ph.D Students graduating in 2019-20. Today, it has larger faculty pool compared to IIMA and IIMC. IIM Bangalore Placements are comparable to IIMA and IIMC.

As per MBAUniverse.com Ranking 2022, SPJIMR Mumbai is the highest ranked non-IIM B-school in India. With very strong showing in Placements, and recent emphasis on Research, SPJIMR Mumbai has moved ahead of MDI Gurgaon and other non-IIM B-schools. IIFT continues to attract the best and the brightest students, ensure decent academics and strong placements. Is IIFT expanding too fast with multiple campuses in India, only time will tell…

So, here are the Top 10 B-schools in India.

B-School	Rank 2022	Score (Total 1000)	Admission Status
Indian Institute of Management Bengaluru	1	963	Read More
Indian Institute of Management Ahmedabad	2	950	Read More
Indian Institute of Management Calcutta	3	914	Read More
Indian Institute of Management Lucknow	4	898	Read More
Indian Institute of Management Kozhikode	5	885	Read More
SPJIMR Mumbai	6	786	Read More
Indian Institute of Management Indore	7	735	Read More
Indian Institute of Foreign Trade New Delhi	8	685	Read More
Management Development Institute Gurgaon	9	675	Read More
NMIMS School of Business Management Mumbai	10	662	Read More

Source: MBAUniverse.com Ranking 2022

Top 11-20 B-schools in India by MBAUniverse.com Ranking 2021
Joining the elite list of Top 20 B-schools in India are a mix of PGDM B-schools and New IIMs that were set up just a decade back. Top PGDM B-schools like IMT Ghaziabad, IMI New Delhi, TAPMI managed to hold on to their presence in this elite Top 20 list. They are of course facing tough challenge from younger IIMs and IIT B-schools. As many as six IIMs are part of the elite list of Top 11-20 B-schools in India. IIM Shillong is facing a stiff competition from younger siblings - IIM Udaipur and IIM Trichy. With moderate fee and high placements yielding to high ROI, IIT B-schools are slowly making their mark on the top league. Shailesh J. Mehta School of Management, IIT Bombay has gained entry into the coveted Top 20 league table in this ranking. Ranked #24, DMS at IIT Delhi is not too far behind. However, IIT B-schools need to do a lot more on student diversity area.

B-School	Rank 2022	Score (Total 1000)	Admission Status
Indian Institute of Management Udaipur	11	660	Read More
Indian Institute of Management Shillong	12	659	Read More
Indian Institute of Management Tiruchirappalli	13	630	Read More
Institute of Management Technology Ghaziabad	14	583	Open | Apply Now
Indian Institute of Technology Bombay	15	575	Read More
Indian Institute of Management Ranchi	16	568	Read More
Indian Institute of Management Raipur	17	568	Read More
Indian Institute of Management Rohtak	18	567	Read More
International Management Institute New Delhi	19	538	Open | Apply Now
T A Pai Management Institute Manipal	20	527	Open | Apply Now

Source: MBAUniverse.com Ranking 2022

Top 21-35 B-schools in India by MBAUniverse.com Rankings 2022
The next set of the B-schools, ranked No 21-35, are institutions with strong pedigree and consistent improvements. 

PGDM B-schools including XIMB, GIM, IRMA, Welingkar, BIMTECH, LBSIM dominate this cluster. They continue to work on all aspects of education value delivery to sustain their position in the top league table. They are however going to face stiff challenge from new IIMs like IIM Nagpur, IIM Amritsar and many others who are knocking hard on their doors!

SCMHRD Pune and KJ Somaiya Institute of Management Mumbai are two B-schools that represent private universities in this group. Newly launched MDI Murshidabad has made its debut on this ranking at #34.

B-School	Rank 2022	Score (Total 1000)	Action Status
Indian Institute of Management Kashipur	21	523	Open | Apply Now
Xavier Institute of Management Bhubaneswar	22	522	Open | Apply Now
Symbiosis Centre For Management And Human Resource Development - SCMHRD Pune	23	521	Read More
Depatment of Management Studies IIT Delhi	24	514	Read More
Goa Institute of Management	25	511	Open | Apply Now
K J Somaiya Institute of Management	26	501	Open | Apply Now
Prin.L.N.Welingkar Institute of Management Development and Research Mumbai	27	447	Open | Apply Now
Indian Institute of Management Nagpur	28	444	Read More
Indian Institute of Management Sambalpur	29	440	Read More
Institute of Rural Management Anand	30	438	Read More
Birla Institute of Management Technology Greater Noida	31	426	Open | Apply Now
Lal Bahadur Shastri Institute of Management Delhi	32	423	Open | Apply Now
Indian Institute of Management Amritsar	33	417	Read More
Management Development Institute Murshidabad	34	415	Open | Apply Now
School of Management, KIIT Deemed to be University	35	411	Open | Apply Now

Source: MBAUniverse.com Ranking 2022

Top 36-50 B-schools in India by MBAUniverse.com Ranking 2021
Given that there are more than 3000 management programs in India, getting into the Top 50 Rank is a big achievement by any yardstick. Top 35-50 B-schools represent the Top 2% B-schools in India.

SIBM Bangalore, KIIT SOM and IFMR GSB represent quality private university B-schools. SDMIMD Mysore has managed to break into top 40 league by taking many strategic initiatives that has improved its academic processes.

B-School	Rank 2022	Score (Total 1000)	Action Status
Institute of Management Technology Nagpur	36	408	Open | Apply Now
Symbiosis Institute of Business Management Bangalore	37	406	Read More
Loyola Institute of Business Administration Chennai	38	404	Read More
Balaji Institute of International Business (BIIB) Pune	39	403	Read More
SDM Institute For Management Development - SDMIMD Mysore	40	390	Open | Apply Now
SIES college of management studies and SIES school of business studies	41	390	Open | Apply Now
International Management Institute, Kolkata	42	388	Read More
Rajagiri Centre For Business Studies	43	380	Read More
IFMR Graduate School of Business, Krea University	44	376	Open | Apply Now
Jaipuria Institute of Management Lucknow	45	373	Open | Apply Now
Symbiosis Institute of Operations Management Nashik	46	368	Open | Apply Now
Jaipuria Institute of Management Noida	47	365	Open | Apply Now
Institute of Management Technology Hyderabad	48	364	Open | Apply Now
Institute of Public Enterprise Hyderabad	49	363	Read More
ITM Business School Navi Mumbai	50	360	Read More

Source: MBAUniverse.com Ranking 2022

View complete Ranking of 90+ B-schools on this link.

Top International Accreditation Strengthen Processes, Expand Global Reach
In line with growing importance of global accreditation, a definitive weightage was given to Top 3 International Accreditations i.e. AACSB, EFMD’s EQUIS and AMBA. Read more. No other International Accreditation agency was given any weightage. Survey notes that growing number of Indian B-schools featured in this ranking have earned these prestigious accreditations. See list below:

Three Triple Crown B-schools in India

	Accredited by:
B-school	AACSB	EQUIS	AMBA
Indian Institute of Management Calcutta	Yes	Yes	Yes
Indian Institute of Management Indore	Yes	Yes	Yes
Indian School of Business - ISB Hyderabad	Yes	Yes	Yes

Seven Double Crown B-schools in India

	Accredited by
College Name	AACSB	EQUIS	AMBA
Indian Institute of Management Kozhikode		Yes	Yes
Indian Institute of Management Lucknow	Yes		Yes
Xavier Labour Relations Institute (XLRI) Jamshedpur	Yes		Yes
Management Development Institute Gurgaon	Yes		Yes
S. P. Jain Institute of Management & Research - SPJIMR Mumbai	Yes		Yes
SVKM`s Narsee Monjee Institute of Management Studies - NMIMS Mumbai	Yes		Yes
T. A. Pai Management Institute Manipal	Yes		Yes

As on date of publishing this report, India has 17 ACCSB accredited B-schools and 5 ACCSB accredited B-schools. Before we close, here is a look at Ranking Methodology.

MBAUniverse.com Rankings 2022 Methodology: How the rankings & scores were calculated…
Since 2010, MBAUniverse.com conducts its annual MBAUniverse.com B-school Ranking which is recognized as one of India’s most credible MBA Ranking and used by 150,000+ MBA aspirants for their MBA Admission decision. MBAUniverse.com Ranking USPs are:

• One of India’s most credible & ‘toughest’ Ranking: All top B-schools including IIMs, IIT- DOMs, PGDM B-schools and Private Universities are ranked in this highly competitive Ranking. Since all major B-schools are ranked, a genuine comparison of all B-schools is possible.
• Quantitative Analysis, no role for ‘Perceptions’: Ever since the start, this Ranking is based purely on Quantitative Data without any weightage for ‘Perceptions’, making it a truly objective Ranking. Many other rankings have followed MBAUniverse.com ranking in this regard.
• Holistic Assessment Framework: Since its inception, this Ranking uses a holistic assessments framework that measures the triad of ‘Input’, ‘Process’, and ‘Outcome’ of a management school. Methodology is benchmarked to top Rankings like NIRF in India, and Financial Times internationally.
• Widest reach: This ranking reaches to 10,000+ Educators, Corporate Leaders & Influencers who use this for evaluations and benchmarking. Ranking reaches 150,000+ MBA aspirants and helps them apply to best-fit B-schools.

Ranking Methodology: Clusters & Weightage
Based on Factor Analysis, following weightages have been assigned to each of the three clusters.

Clusters/Factors	Key Criteria/Variables	Weightage (%)
Input	Student Quality & Diversity	26
Process	Faculty, Academics, Research, International Accreditation, COVID 19 ‘Teaching-Learning with Technology’ Initiatives	39
Outcome	Placements & Start-Ups	35

View complete ranking list on this link.

Stay tuned to MBAUniverse.com for more updates on MBAUniverse.com Ranking