MBA Rankings

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 among 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 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

Ranking Agency
Research Methodology (Facts or Perception or Both)
Key Focus/Weigthage
NIRF 2018
(Published April 2018)
Both with Higher weightage to Teaching & Research
Teaching, Learning & Resources, Research & Professional Practice – 200 Marks/500
MBAUniverse.com Rankings 2018-19
(Published January 3, 2019)
Fact Based on Input-Process-Output score
Faculty, Accreditation, Academic Infrastructure, Placements-700 marks/1000
Business Today India’s Best B-schools 2018
(Print Edition: December 2, 2018)
Both – Higher weightage to Perception
Learning & Living Experience and Future Orientation-600 marks/1000
Outlook 2018
Published
(Published September 26, 2018)
Both with higher weightage on Perception
Academic Excellence & Personality Development – 458 marks/1000

Published on 4.1.2019

 

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 2018
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 and NIRF 2018. 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 2018

Rank  Institute Name Score
1 Indian Institute of Management Ahmedabad 79.18
2 Indian Institute of Management Bangalore 77.33
3 Indian Institute of Management Calcutta 77.08
4 Indian Institute of Management Lucknow 68.63
5 Indian Institute of Technology Bombay 66.8
6 Indian Institute of Management Kozhikode 65.21
7 Indian Institute of Technology Kharagpur 63.36
8 Indian Institute of Technology Delhi 63.31
9 Indian Institute of Technology Roorkee 62.95
10 Xavier Labour Relations Institute 62.66
11 Indian Institute of Management Indore 60.28
12 Management Development Institute 59.59
13 Indian Institute of Management Udaipur 59.07
14 National Institute of Industrial Engineering 57.02
15 Indian Institute of Management Tiruchirappalli 55.85
16 Great Lakes Institute of Management 55.25
17 Indian Institute of Technology Kanpur 53.43
18 Symbiosis Institute of Business Management 52.8
19 S. P. Jain Institute of Management & Research 52.31
20 Indian Institute of Management Kashipur 51.2

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. 
 

Rank 2018-19 Institute Name Total Score Max 1000
1 INDIAN INSTITUTE OF MANAGEMENT, AHMEDABAD 943
2 INDIAN INSTITUTE OF MANAGEMENT LUCKNOW 873
3 XLRI XAVIER SCHOOL OF MANAGEMENT, JAMSHEDPUR 836
4 S. P. JAIN INSTITUTE OF MANAGEMENT & RESEARCH (SPJIMR), MUMBAI 831
5 INDIAN INSTITUTE OF MANAGEMENT, INDORE 827
6 MANAGEMENT DEVELOPMENT INSTITUTE, GURGAON 774
7 FACULTY OF MANAGEMENT STUDIES, NEW DELHI 701
8 SVKM’S NMIMS, SCHOOL OF BUSINESS MANAGEMENT MUMBAI 694
9 INDIAN INSTITUTE OF MANAGEMENT, TIRUCHIRAPPALLI 652
10 INDIAN INSTITUTE OF MANAGEMENT, SHILLONG 649
11 NATIONAL INSTITUTE OF INDUSTRIAL ENGINEERING, MUMBAI 646
12 INSTITUTE OF MANAGEMENT TECHNOLOGY, GHAZIABAD 640
13 INTERNATIONAL MANAGEMENT INSTITUTE NEW DELHI 617
14 DEPARTMENT OF MANAGEMENT STUDIES, IIT DELHI 588
15 XAVIER UNIVERSITY BHUBANESWAR (XUB) 558
16 INDIAN INSTITUTE OF MANAGEMENT, ROHTAK 551
17 INDIAN INSTITUTE OF MANAGEMENT, KASHIPUR 542
18 T A PAI MANAGEMENT INSTITUTE, MANIPAL, KARNATAKA 534
19 SYMBIOSIS CENTER FOR MANAGEMENT AND HUMAN RESOURCE DEVELOPMENT, PUNE 528
20 GOA INSTITUTE OF MANAGEMENT, GOA 524
21 BIRLA INSTITUTE OF MANAGEMENT TECHNOLOGY, GREATER NOIDA 522
22 KJ SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH 505
23 S.P. MANDALI‟S PRIN. L. N. WELINGKAR INSTITUTE OF MANAGEMENT DEVELOPMENT & RESEARCH, MUMBAI 490
24 INSTITUTE OF RURAL MANAGEMENT ANAND (IRMA) 481
25 DEPARTMENT OF MANAGEMENT STUDIES (DMS) CHENNAI 478
26 BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI 466
27 BHARATHIDASAN INSTITUTE OF MANAGEMENT (BIM), TRICHY 462
28 LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION, CHENNAI 451
29 LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT, NEW DELHI 442
30 SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT, BENGALURU 442

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 

Ranked
B School/Institute
Overall Score 1000
1
878.1
2
874.1
3
860.8
4
838.8
5
809
6
807.9
7
784.7
8
783.9
9
772.3
10
769.4
11
746.7
12
744.6
13
740.9
14
737.7
15
737.3
16
737.2
17
737.2
18
737
19
736.3
20
736
21
736
22
733.5
23
719.5
24
719.4
25
716.2

 

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  

Rank 2018
B School/Institute
City
1
Ahmedabad
2
Kolkata
3
Jamshedpur
4
Delhi
5
Indore
6
Mumbai
7
Mumbai
8
Delhi / NCR
9
Pune
10
Bhubaneswar
11
Delhi
12
Shillong
13
Pune
14
Udaipur
15
Mumbai
16
Karnataka - Other
17
Rohtak
18
Delhi
19
PILANI
20
Delhi