MBA Rankings in India

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Updated on
October 29, 2022

If you are looking for latest MBA College Rankings, you are on right page. MBA 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, only a few are credible and useful benchmarks. The reputed rankings are objective rather than subjective. This special article reviews all major MBA rankings in India and presents their latest ranking results.

 

Top MBA Rankings in India
The top MBA Rankings or B-school Rankings in India are published by HRD Ministry, Government of India, NIRF Ranking Framework, MBAUniverse.com and Business Today. 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, and Business Today

Ranking Agency
Research Methodology (Facts or Perception or Both)
Key Focus/Weigthage
NIRF 2022
(Released on July 15, 2022 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 2022
(Published January 1, 2022)
Fact Based on Input-Process-Output score
Faculty, Accreditation, Academic Infrastructure, Placements- Max Marks/1000
Business Today India’s Best B-schools 2022
(Issue date November 13, 2022)
Both – Higher weightage to Perception Learning & Living Experience, Placement Performance, Selection Process, Governance and Future Orientation- Max marks/1000

Updated on 29.10.2022

 

MHRD-NIRF B School Ranking 2022
The 7th edition of Govt of India NIRF Ranking 2022 has been released on July 15, 2022 at 11 AM by Shri Dharmendra Pradhan, Hon’ble HRD Minister of India. This year more than 4000 institutes applied for the rankings. The NIRF Rankings 2022 have been released for 11 streams like 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 2022 is that IIT Delhi is consistently rising upwards, while many other IITs are losing their ranking positions. The second generation IIMs like IIM Raipur, Ranchi, Rohtak, Kashipur have jumped many places upwards leaving behind number of top B-schools .

 

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, NIRF 2020 and NIRF 2021. Till 2019 NIRF Rankings were released by Hon’ble President of India. There were 500 maximum marks awarded in NIRF Ranking 2022 on different parameters which included Teaching, Learning & Resources, Research & Professional Practice, Placements, Peer Perception among others.

 

Top Institutes in NIRF MBA College Ranking 2022
Top 20 management Institutes in MHRD NIRF MBA Ranking 2022 are:

Name
Position in NIRF Ranking 2022
Indian Institute of Management Ahmedabad
1
Indian Institute of Management Bangalore
2
Indian Institute of Management Calcutta
3
Indian Institute of Technology Delhi
4
Indian Institute of Management, Kozhikode
5
Indian Institute of Management Lucknow
6
Indian Institute of Management Indore
7
Xavier Labour Relations Institute (XLRI) Jamshedpur
8
National Institute of Industrial Engineering, Mumbai
9
Indian Institute of Technology Madras
10
Indian Institute of Technology Bombay
11
Indian Institute of Technology, Kharagpur
12
Management Development Institute, Gurugram
13
Indian Institute of Management Raipur
14
Indian Institute of Management Ranchi 
15
Indian Institute of Management Rohtak
16
Symbiosis Institute of Management, Pune
17
Indian Institute of Management Tiruchirappalli
18
Indian Institute of Technology Roorkee
19
Indian Institute of Technology Kanpur
20

 

MBAUniverse.com B School Rankings 2022
The 12th edition of MBAUniverse.com B-school Rankings 2022 was released on January 1, 2022. Regarded as one of India’s most credible B-school Rankings, this prestigious ranking puts IIM Bangalore as No 1 B-school in India. 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. More details are below.

B-school
Rank
Score (Total 1000)
1
963
2
950
3
914
4
898
5
885
6
786
7
735
8
685
9
675
10
662
11
660
12
659
13
630
14
583
15
575
16
568
17
568
18
567
19
538
20
527
21
523
22
522
23
521
24
514
25
511
26
501
27
447
28
444
29
440
30
438

Source: MBAUniverse.com Ranking 2022 

 

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

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Business Today India’s Best B-schools 2022  
The 10th edition of Business Today’s ‘India’s Best B-schools Survey 2022’ with issue date of  November 13, 2022 has been released in October. More than 2,500 B-schools meeting the eligibility criteria were contacted through various channels. Started in 2013, the BT ranking has witnessed a neck-and-neck battle for several years between IIM Ahmedabad (IIMA) and IIM Calcutta (IIMC) occupying the top two positions. However, like last year, IIMC has again claimed the No.1 position this year. IIM Bangalore finishes third, followed by IIM Lucknow at fourth place, with S.P. Jain Institute of Management and Research (SPJIMR), Mumbai, coming in at fifth place to complete the top five. The BT-MDRA India’s Best B-schools Survey 2022 is prepared jointly by Business Today and Marketing & Development Research Associates (MDRA), a leading market research firm. 

 

Business Today MBA Rankings 2022: Top 25 B-Schools
A list of top 25 B-schools in BT MBA Rankings 2022 with comparison from last 2 years of  rankings is shared below:

B-school
Rank 2022
Rank 2021
Indian Institute of Management, Calcutta
1
1
Indian Institute of Management, Ahmedabad
2
2
Indian Institute of Management, Bangalore
3
3
Institute of Management Lucknow
4
4
S. P. Jain Institute of Management & Research, Mumbai
5
5
XLRI - Xavier School of Management, Jamshedpur
6
6
Indian Institute of Management, Indore
7
7
Management Development Institute, Gurugram
8
8
Faculty of Management Studies, University of Delhi, Delhi
9
9
Indian Institute of Foreign Trade, New Delhi
10
10
SVKM's NMIMS, School of Business Management, Mumbai
11
11
International Management Institute, New Delhi
12
14
Indian Institute of Management, Shillong
13
13
Institute of Management Technology, Ghaziabad
14
12
Symbiosis Institute of Business Management, Pune
15
15
Symbiosis Centre for management & Human Resource Development, Pune
16
17
Department of management studies, IIt Delhi, new Delhi
17
16
Great Lakes Institute of Management, Chennai
18
19
Indian Institute of Management, Udaipur
19
20
Indian Institute of Management, Tiruchirappalli
20
18
Xavier Institute of Management, Xavier University, Bhubaneswar
21
21
T. A. Pai Management Institute, Manipal
22
21
Jamnalal Bajaj Institute of Management Studies, Mumbai
23
23
Vinod Gupta School of Management, IIT Kharagpur
24
24
ICFAI Business School, Hyderabad
25
25

 

BT MBA Ranking 2022: Methodology & Parameters
Only the B-schools that offer full-time classroom management programmes (PGDM/MBA) and  established at least 5 years ago, with minimum 3 batches graduated till academic year ended 2022 have been included. The weightages, out of 1,000, awarded to 5 parameters are unchanged from last year.

Sl No.
Parameters
Weightage
1
Learning Experience
250
2
Living Experience
150
3
Placement Performance
250
4
Selection Process, Governance & Establishment
150
5
Future Orientation
200
Total
1,000


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