MBA Rankings in India

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Update on
September 10, 2021

The 6th edition of Govt of India NIRF Ranking 2021 was e-released on September 9, 2021 at 12 Noon by Hon’ble Minister of HRD Shri  Dharmendra Pradhan. This year about 4000 institutes applied for the rankings. The NIRF Rankings 2021 have been released for 11 streams instead of 10 streams last year. In the recent NIRF Rankings, IIM Ahmedabad has retained its top position while IIM Bangalore is again at 2nd position followed by IIM Calcutta which is at 3rd place. One of the key highlights of NIRF Rankings 2021 is that IIM Kozhikode has replaced IIM Lucknow and has jumped upwards to 4th place from 6th place last year, while IIT Delhi has move up by 3 places and has captured 5th place this year from 8th position last year.

 

The National Institutional Ranking Framework (NIRF) is approved by the Ministry of HRD. This framework has ranked institutions across the country in 11 categories this year including Management. 

 

MBA College Rankings help you to decide which MBA college or MBA program you should apply when there are hundreds of options available to you.  Although there are dozens of B-school rankings which are published in India, the creditability and track record of the ranking is most important to get reliable guidance. The reputed rankings are objective rather than subjective.    

 

The top four MBA Rankings or B-school Rankings in India are published by HRD Ministry, Government of India, NIRF Ranking Framework; MBAUniverse.com; reputed Magazines Business Today, Outlook. All these rankings help you make an informed choice.  These MBA College Rankings attempt to arrive at the most accurate ranking order so as to give a true picture of management education in India.  This article will let you know the latest top four MBA Rankings - MBAUniverse.com, NIRF, Business Today and Outlook.

 

Top MBA Rankings in India

Ranking Agency
Research Methodology (Facts or Perception or Both)
Key Focus/Weigthage
NIRF 2021
(Released on September 9, 2021 by Hon’ble HRD Minister Shri Dharmendra Pradhan
Both with Higher weightage to Teaching & Research
Teaching, Learning & Resources, Research & Professional Practice – Max Marks/500
MBAUniverse.com Rankings 2021
(Published January 1, 2021)
Fact Based on Input-Process-Output score
Faculty, Accreditation, Academic Infrastructure, Placements- Max Marks/1000
Business Today India’s Best B-schools 2020
Both – Higher weightage to Perception
Learning & Living Experience and Future Orientation-  Max marks/1000
Outlook 2019
(Published October 4, 2019)
Both with higher weightage on Perception
Academic Excellence & Personality Development – Max Marks/1000

Published on 9.09.2021

 

MHRD-NIRF B School Ranking 2021
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, NIRF 2019 and NIRF 2020. Till 2019 NIRF Rankings were released by Hon’ble President of India. There were 500 maximum marks awarded in NIRF Ranking 2021 on different parameters which included Teaching, Learning & Resources, Research & Professional Practice, Placements, Peer Perception among others. 

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IMT Common PGDM Admissions 2022 Open IMI New Delhi PGDM Admissions 2022 Open
FORE School of Management PGDM  Admissions GIM GOA PGDM Admissions 2022
MICA PGP (PGDM-C/PGDM) Admissions 2022 Institute of Mgmt. Nirma University MBA Admissions
MDI Murshidabad PGDM Admission 2022 BIMTECH Greater Noida PGDM Admissions
SDA Bocconi Mumbai 2 year IMB Admission 2022 LBSIM Delhi PGDM Admission 2022
SDMIMD Mysore PGDM Admission 2022 SOIL Gurgaon PGPM & PGDM Admission 2022

Top Institutes in NIRF MBA College Ranking 2021
Top 20 management Institutes in MHRD NIRF MBA Ranking 2021 are: 

Name of the Management Institute
NIRF Ranking 2021 Position
Indian Institute of Management Ahmedabad
1
Indian Institute of Management Bangalore
2
Indian Institute of Management Calcutta
3
Indian Institute of Management, Kozhikode
4
Indian Institute of Technology Delhi
5
Indian Institute of Management Indore
6
Indian Institute of Management Lucknow
7
Xavier Labour Relations Institute (XLRI) Jamshedpur
8
Indian Institute of Technology, Kharagpur
9
Indian Institute of Technology Bombay
10
Management Development Institute, Gurugram
11
National Institute of Industrial Engineering, Mumbai
12
Indian Institute of Technology Madras
13
Indian Institute of Technology Roorkee
14
Indian Institute of Management Raipur
15
Indian Institute of Technology Kanpur
16
Indian Institute of Management Tiruchirappalli
17
Indian Institute of Management Udaipur
18
S. P. Jain Institute of Management and Research, Mumbai
19
Symbiosis Institute of Management, Pune
20

Read More 

 

MBAUniverse.com B School Rankings 2021
Designed exclusively for MBA Aspirants, the 11th edition of MBAUniverse.com Rankings 2021, regarded as one of India’s most credible B-school Ranking, was released on January 1, 2021. The ranking is based on 360-degree assessment that fairly balances the three pillars of a B-school: Input (Class Mix), Processes (Academics, Research, International Accreditations & Physical Infrastructure) and Outcomes (Placements).

 

IIM Calcutta is ranked No 1 B-school in India. IIM Ahmedabad and IIM Bangalore are ranked No 2 & 3 respectively. Inspite of stiff competition from IIMs, Top PGDM B-schools SPJIMR, XLRI, MDI and NMIMS have steadfastly held on to their leadership.  Below are shared the top B-schools in MBAUniverse.com Ranking 2021

B-school
Rank
Score
(Total 1000
)
1
962
2
958
3
952
4
915
5
892
6
846
7
837
8
812
9
773
10
749
11
733
12
717
13
661
14
653
15
648
16
634
17
623
18
605
19
598
20
581
21
568
22
543
23
525
24
515
25
510
26
503
27
496
28
488
29
482
30
474

Source: MBAUniverse.com Ranking 2021

Check complete Ranking of all B-schools

 

NIRF MBA Ranking 2021 Vs Ranking 2020: Top B-schools
Below are the top 20 management institutes, university Management departments in NIRF B-School Ranking 2021. The trends in NIRF Ranking 2021 and 2020 reflect that many top B-schools which occupied top positions during last several rankings have slided down while many of them have jumped upwards to capture top places.

NIRF Ranking 2021
Name
NIRF Ranking 2020
1
Indian Institute of Management Ahmedabad
1
2
Indian Institute of Management Bangalore
2
3
Indian Institute of Management Calcutta
3
4
Indian Institute of Management, Kozhikode
6
5
Indian Institute of Technology Delhi
8
6
Indian Institute of Management Indore
7
7
Indian Institute of Management Lucknow
4
8
Xavier Labour Relations Institute (XLRI) Jamshedpur
9
9
Indian Institute of Technology, Kharagpur
5
10
Indian Institute of Technology Bombay
11
11
Management Development Institute, Gurugram
10
12
National Institute of Industrial Engineering, Mumbai
12
13
Indian Institute of Technology Madras
14
14
Indian Institute of Technology Roorkee
12
15
Indian Institute of Management Raipur
19
16
Indian Institute of Technology Kanpur
16
17
Indian Institute of Management Tiruchirappalli
15
18
Indian Institute of Management Udaipur
19
19
S. P. Jain Institute of Management and Research, Mumbai
19
20
Symbiosis Institute of Management, Pune
22


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Business Today India’s Best B-schools 2020    
Business Today magazine published its annual India’s Best B-school Ranking 2020 in the issue dated November 1. Top five B-schools are IIMA, IIMC, IIMB, SPJIMR and XLRI.  Survey was conducted by research agency MDRA. The Ranking weightages are partly fact based and partly opinion based. Total marks that a B-school could score in this Ranking are 1000.  List of Top 20 B-schools as per BT Rankings is as below  

INSTITUTE
Ranked
Indian Institute of Management, Ahmedabad
1
Indian Institute of Management, Calcutta
2
Indian Institute of Management, Bangalore
3
S. P. Jain Institute of Management & Research, Mumbai
4
XLRI - Xavier School of Management, Jamshedpur
5
Indian Institute of Management, Indore
6
Management Development Institute, Gurugram
7
Indian Institute of Management, Kozhikode
8
Faculty of Management Studies, University of Delhi, Delhi
9
SVKM's NMIMS, School of Business Management, Mumbai
10
Indian Institute of Foreign Trade, New Delhi
11
National Institute of Industrial Engineering, Mumbai
12
Institute of Management Technology, Ghaziabad
13
International Management Institute, New Delhi
14
Department of Management Studies, IIT Delhi
15
Indian Institute of Management, Shillong
16
Symbiosis Institute of Business Management, Pune
17
Indian Institute of Management, Tiruchirappalli
18
Symbiosis Centre for Mgmt. & Human Resource Development, Pune
19
Great Lakes Institute of Management, Chennai
20

Outlook MBA Rankings 2020
Outlook-ICARE India MBA Rankings 2020 survey was released on October 4, 2019. The rankings have been analysed and produced by the Indian Centre for Academic Rankings and Excellence (ICARE), a government-approved academic audit and ratings agency. 150 top MBA colleges in India are included in Outlook MBA India Rankings 2020.

 

The ranking methodology and parameters are based on Faculty-Student Ratio (FSR), Research Productivity and Quality, Faculty with PhD, Faculty Experience (Teaching/Corporate), Gender Diversity, Regional Diversity, Median Salary and Employability.  The Rankings are assigned based on the scores obtained on each parameter and overall score obtained out of 100. 

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NMIMS Mumbai MBA Admissions 2022 Great Lakes PGPM & PGDM Admissions 2022
IMT Common PGDM Admissions 2022 Open IMI New Delhi PGDM Admissions 2022 Open
FORE School of Management PGDM  Admissions GIM GOA PGDM Admissions 2022
MICA PGP (PGDM-C/PGDM) Admissions 2022 Institute of Mgmt. Nirma University MBA Admissions
MDI Murshidabad PGDM Admission 2022 BIMTECH Greater Noida PGDM Admissions
SDA Bocconi Mumbai 2 year IMB Admission 2022 LBSIM Delhi PGDM Admission 2022
SDMIMD Mysore PGDM Admission 2022 SOIL Gurgaon PGPM & PGDM Admission 2022

The Outlook MBA Rankings 2020 have separately categorized the institutes into public and private management institutes and have diversified them into Institutes of National Importance;  University Constituent Colleges; Affiliated Colleges; Standalone Institutions and the  North, South, East, West and Central Zone institutes.

 

MBAUniverse.com Research and Analysis team has merged both public and private MBA institutes based on their scores awarded by ICAR-Outlook MBA India Rankings 2020 and share below the top 25 ranked B-schools

Overall Rank
INSTITUTION
OVERALL SCORE
1
Indian Institute of Management Bangalore
91.77
2
Indian Institute of Management Ahmedabad
91.2
3
Indian Institute of Management Calcutta
89.85
4
Indian Institute of Management Indore
88.25
5
Indian Institute of Management Lucknow
87.96
6
XLRI Xavier School of Management, Jamshedpur
87.16
7
Indian Institute of Management Kozhikode
85.86
8
S. P. Jain Institute of Management & Research, Mumbai
81.01
9
Management Development Institute, Gurgaon
79.24
10
Indian Institute of Management Tiruchirappalli
78.53
11
Indian Institute of Management Udaipur
77.16
12
SVKM`s Narsee Monjee Institute of Management Studies, Mumbai
76.64
13
Great Lakes Institute of Management, Chennai
75.45
14
Indian Institute of Management Raipur
74.14
15
Symbiosis Institute of Business Management, Pune
73.74
16
T. A. Pai Management Institute, Manipal
71.67
17
ICFAI Foundation for Higher Education, Hyderabad
71.15
18
Indian Institute of Management Shillong
70.76
19
International Management Institute, New Delhi
70.4
20
Indian Institute of Management Rohtak, Rohtak
69.32
21
Birla Institute of Technology and Science,Pilani
69.1
22
Faculty of Management Studies, University of Delhi, Delhi
68.29
23
Indian Institute of Management Kashipur
67.72
24
Jamnalal Bajaj Institute of Management Studies,Mumbai
67.31
25
Indian Institute of Management, Ranchi
67.31

Source: Outlook MBA India Ranking 2020

India Today B-School Ranking 2019
Here is the list of 20 Best Business Schools in India as per India Today B-School Ranking: 

Rank 2019
Institute
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20