How do you decide which MBA college or MBA program to apply when there are hundreds of options! MBA Rankings or B-school Rankings are published by HRD Ministry, Government of India, reputed Magazines and MBAUniverse.com to help you make an informed choice. This article will help you know latest MBA Rankings 2018 & 2019 by NIRF, Business Today, MBAUniverse.com, Outlook. We will also tell you the difference between these rankings, and how you can use these rankings for your advantage. We also advise you to use rankings very carefully after checking the credibility of the publication.
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Which are India’s Top B-schools? MBAUniverse.com Rankings 2018-19 reveals the true picture
The International and National MBA College Ranking follow different parameters and weightage. However, to some extent all the B School Rankings award weightage to many common parameters for example – Faculty, Research, Admission, Placements, among other factors. B School Ranking methodologies are either fact based or opinion based or a mix of the two. In any case, the MBA College Ranking methodologies attempt to arrive at the most accurate ranking order so as to give a true picture of management education in India.
Most recently, the 4th edition of MHRD NIRF Ranking has been released by Government of India on April 8, 2019. IIM Bangalore has been awarded #1 Rank in the NIRF MBA Ranking 2019 and has replaced IIM Ahmedabad which was ranked #1 in last two NIRF Rankings. The NIRF MBA Ranking 2019 contains 100 MBA colleges, PGDM Institutes and Management departments of universities. Out of 100 management institutes, 75 have been awarded specific ranking positions from 1 to 75 and rest 25 are clubbed in the ranking band of 76-100. There are 500 maximum marks awarded in NIRF Ranking 2019 parameters which include Teaching, Learning & Resources, Research & Professional Practice, Placements, Peer Perception among others.
The 9th edition of MBAUniverse.com Rankings 2018-19 have been released on January 3, 2019. This is regarded as one of India’s most credible B-school Ranking and is based only on ‘Objective Data’ and no ‘Perception Survey’ has been used. Out of more than 100 B-schools who participated in theMBAUniverse.com Ranking 2018-19, only 80 top B-schools have been ranked.
Prior to this, the Rankings of Business Today India’s Best B-schools 2018 were released in the print edition of December 2, 2018 and on September 26, 2018, Outlook-Drshti Survey released the Outlook B-School Rankings 2018 for top 100 B-schools in India.
Top MBA Rankings in India: Analysis by MBAUniverse.com
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Ranking Agency
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Research Methodology (Facts or Perception or Both)
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Key Focus/Weigthage
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NIRF 2019
(Released on April 8, 2019 by Hon’ble President of India)
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Both with Higher weightage to Teaching & Research
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Teaching, Learning & Resources, Research & Professional Practice – 200 Marks/500
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MBAUniverse.com Rankings 2018-19
(Published January 3, 2019)
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Fact Based on Input-Process-Output score
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Faculty, Accreditation, Academic Infrastructure, Placements-700 marks/1000
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Business Today India’s Best B-schools 2018
(Print Edition: December 2, 2018)
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Both – Higher weightage to Perception
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Learning & Living Experience and Future Orientation-600 marks/1000
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Outlook 2018
Published
(Published September 26, 2018)
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Both with higher weightage on Perception
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Academic Excellence & Personality Development – 458 marks/1000
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Published on 9.4.2019
Difference between Fact Based and Opinion Based MBA Rankings
While facts and data-based rankings are mostly dependent on the information supplied by the University or the B-schools, the opinion based rankings are subjective and volatile in nature as they are more or less dependent upon the external and internal opinions that could be from academics, employers, alumni among others.
MHRD-NIRF B School Ranking 2019
The National Institutional Ranking Framework (NIRF) is approved and released by the Ministry of Human Resource Development, Government of India. The first NIRF Ranking was released in 2016 followed by NIRF 2017, NIRF 2018 and now NIRF 2019 released on April 8, 2019 by Hon’ble President of India Ram Nath Kovind. As per the practice the NIRF Ranking is out in the month of April every year.
NIRF Ranking parameters broadly cover “Teaching, Learning and Resources,” “Research and Professional Practices,” “Graduation Outcomes,” “Outreach and Inclusivity,” and “Perception”.
Top Institutes in NIRF MBA College Ranking 2019
Top 20 management Institutes in MHRD NIRF MBA Ranking 2019 are:
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Rank
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Name
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City
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State
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Score
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1
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Indian Institute of Management Bangalore
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Bengaluru
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Karnataka
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81.34
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2
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Indian Institute of Management Ahmedabad
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Ahmedabad
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Gujarat
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80.61
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3
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Indian Institute of Management Calcutta
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Kolkata
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West Bengal
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79.05
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4
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Indian Institute of Management Lucknow
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Lucknow
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Uttar Pradesh
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67.29
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5
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Indian Institute of Management Indore
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Indore
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Madhya Pradesh
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67.01
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6
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Indian Institute of Technology Kharagpur
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Kharagpur
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West Bengal
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66.64
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7
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Xavier Labour Relations Institute
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Jamshedpur
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Jharkhand
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65.33
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8
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Indian Institute of Management Kozhikode
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Kozhikode
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Kerala
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64.82
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9
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Indian Institute of Technology Delhi
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New Delhi
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Delhi
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62.89
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10
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Indian Institute of Technology Bombay
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Mumbai
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Maharashtra
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62.74
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11
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Indian Institute of Technology Roorkee
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Roorkee
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Uttarakhand
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62.11
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12
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Management Development Institute
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Gurugram
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Haryana
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61.89
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13
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Indian Institute of Management Udaipur
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Udaipur
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Rajasthan
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60.79
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14
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Indian Institute of Management Tiruchirappalli
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Tiruchirappalli
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Tamil Nadu
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59.15
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15
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Indian Institute of Technology Madras
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Chennai
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Tamil Nadu
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58.40
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16
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S. P. Jain Institute of Management & Research
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Mumbai
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Maharashtra
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55.67
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17
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National Institute of Technology Tiruchirappalli
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Tiruchirappalli
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Tamil Nadu
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55.57
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18
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Great Lakes Institute of Management
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Chennai
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Tamil Nadu
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55.09
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19
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Indian Institute of Management Raipur
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Raipur
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Chhattisgarh
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53.86
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20
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Symbiosis Institute of Business Management
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Pune
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Maharashtra
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53.56
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20
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SVKM`s Narsee Monjee Institute of Management Studies
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Mumbai
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Maharashtra
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53.56
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MBAUniverse.com B School Rankings 2018-19
The 9th edition of MBAUniverse.com Rankings 2018-19, regarded as one of India’s most credible B-school Ranking, was released on January 4, 2019. Conducted in guidance of Ranking Advisor Dr KRS Murthy, Former Director, IIM Bangalore, this Ranking is based only on ‘Objective Data’ and no ‘Perception Survey’ is used. Designed exclusively for MBA Aspirants, ranking is based on 360-degree assessment that fairly balances the three pillars of a B-school: Input (peers), Processes (academics & research) and Outcomes (placements). More 100 B-schools participated in the ranking, while only 80 top B-schools are ranked.
Note:
-IIM Bangalore & Calcutta are not ranked as they didn’t respond to the survey
-ISB Hyderabad offers a 1 Year Program not 2-year Program and is hence not ranked
Check complete Ranking of all B-schools
Business Today India’s Best B-schools 2018
Leading Business magazine Business Today India's Best B-schools 2018 Ranking weightages are partly fact based and partly opinion based. Total marks that a B-school can score in this Ranking are 1000. Here are the Top 25 B-schools as per ranking survey of Business Today India's Best B-schools 2018
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Ranked
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B School/Institute
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Overall Score 1000
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1
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878.1
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|
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2
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874.1
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|
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3
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860.8
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|
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4
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838.8
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|
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5
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809
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6
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807.9
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7
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784.7
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8
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783.9
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9
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772.3
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10
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769.4
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11
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746.7
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12
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744.6
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13
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740.9
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14
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737.7
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15
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737.3
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16
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737.2
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17
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737.2
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18
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737
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|
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19
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736.3
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|
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20
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736
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21
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736
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22
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733.5
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23
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719.5
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24
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719.4
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25
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716.2
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Outlook B School Rankings 2018
Leading current affairs magazine Outlook has published its MBA Rankings 2018 on September 26, 2018. The Rankings have awarded higher weightage to perception by awarding more than 50% marks out of 1000 to Selection process, Institute Profile, Academic Excellence and Personality Development. Here are the Top 20 B-schools as per the Outlook MBA Colleges rankings 2018
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Rank 2018
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B School/Institute
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City
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1
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Ahmedabad
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|
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2
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Kolkata
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3
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Jamshedpur
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4
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Delhi
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5
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Indore
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6
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Mumbai
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7
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Mumbai
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8
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Delhi / NCR
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9
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Pune
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10
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Bhubaneswar
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11
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Delhi
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12
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Shillong
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|
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13
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Pune
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14
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Udaipur
|
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15
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Mumbai
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16
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Karnataka - Other
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17
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Rohtak
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18
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Delhi
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19
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PILANI
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20
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Delhi
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