NIRF Rankings 2023: IIM Kozhikode jumps to #3 ahead of IIM Calcutta

1. IIM Kozhikode climbs to #3 Rank
Ranked # 3 in NIRF Rankings 2023 – Management, IIM Kozhikode has displaced IIM Calcutta from Rank #3 to a rank lower. What is to be noted, IIM Kozhikode has been consistently and steadily moving up from Rank #6 in 2020 to Rank #5 in 2022 and now Rank # 3 in 2023.

 

2. IIM Udaipur moves up 6 Ranks; NITIE Ranked at #7
IIM Udaipur has gone up by 6 places in NIRF Rankings 2023 and has been awarded Rank #16 in NIRF Ranking 2023 from Rank # 22 last year. This is the biggest up move amongst the Top 20 B-schools. NITIE Mumbai, which was ranked #9 last year, has gone up by two places and is ranked #7 in NIRF Ranking 2023-Management.

 

3. IIM Kashipur, IIM Raipur & IIM Rohtak continue their rise up
IIM Kashipur, IIM Raipur and IIM Rohtak have gained strongly in NIRF 2023. While IIM Kashipur is ranked #19 in 2023 (Up from #23 in 2022 and # 33 in 2021), IIM Raipur is ranked #11 in 2023 (up from # 14 in 2022), IIM Rohtak has gone up at position #12 in 2023 (up from rank #16 in 2022). 

 

4. Only three PGDM B-Schools in Top 20
There are some areas of concerns in NIRF Rankings 2023. In spite of strong placements outcomes, international accreditation, and other key outcomes, only 3 PGDM B-schools are ranked among top 20 B-Schools in India. While XLRI is ranked # 9, MDI Gurugram is ranked # 13 followed by SPJIMR Mumbai which is ranked # 20.

 

5. Private Universities ranked ahead of top PGDM B-schools
Another area of concern in NIRF Rankings 2023 is that many private universities like Amity, Lovely Professional University and others are ranked ahead of many IIMs, IRMA and other well-regarded institutions.

 

6. IIT B-schools drop ranks: IIT Kharagpur and IIT Madras which enjoyed Rank # 12 and # 10 respectively have gone down to Rank # 14 and # 15 in NIRF Ranking 2023. IIT Kanpur slides down by 3 places and is positioned at # 23 this year from #20 last year

 

Other Big Gainers in NIRF Management Ranking 2023

1. MICA Ahmedabad has moved up at Rank # 37 from # 42 last year
2. K J Somaiya Institute of Management, Mumbai has gone up at the Rank # 45 from # 71 last year
3. IMT Ghaziabad has moved up at Rank # 38 from 44 last year
4. IIM Bodh Gaya has moved up by 20 places at Rank # 53 from #73 last year
5. BIMTECH, Great Noida has gone up at # 48 from # 56 last year

NIRF MBA Ranking 2023 Vs Past Rankings: Top 20 B-schools

NIRF Ranking 2023	B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022	NIRF Ranking 2021	NIRF Ranking 2020
1	Indian Institute of Management Ahmedabad	0	1	1	1
2	Indian Institute of Management Bangalore	0	2	2	2
3	Indian Institute of Management Kozhikode	2	5	4	6
4	Indian Institute of Management Calcutta	-1	3	3	3
5	Indian Institute of Technology, Delhi	-1	4	5	8
6	Indian Institute of Management Lucknow	0	6	7	4
7	National Institute of Industrial Engineering, Mumbai	2	9	12	12
8	Indian Institute of Management Indore	-1	7	6	7
9	Xavier Labour Relations Institute (XLRI)	-1	8	8	9
10	Indian Institute of Technology, Bombay	1	11	10	11
11	Indian Institute of Management Raipur	3	14	15	19
12	Indian Institute of Management Rohtak	4	16	28	21
13	Management Development Institute, Gurugram	0	13	11	10
14	Indian Institute of Technology, Kharagpur	-2	12	9	5
15	Indian Institute of Technology Madras	-5	10	13	14
16	Indian Institute of Management Udaipur	6	22	18	17
17	Symbiosis Institute of Business Management	0	17	20	22
18	Indian Institute of Technology, Roorkee	1	19	14	12
19	Indian Institute of Management Kashipur	4	23	33	33
20	S.P. Jain Institute of Management & Research	1	21	19	18

The ranking parameters are teaching, learning and resources, research and professional practice, graduation outcome, outreach and inclusivity and perception. Conducted and prepared by Ministry of Human Resource Development (MHRD), Government of India, the National Institutional Ranking Framework (NIRF) Ranking releases a list of top Universities and institutes in different category.

 

20 IIMs in NIRF Management Ranking 2023
All the IIMs including 7 baby IIMs have been placed in NIRF MBA Rankings 2023. All the 20 IIMs have been ranked among top B-schools in NIRF Ranking 2023.

NIRF Ranking 2023	B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022
1	Indian Institute of Management Ahmedabad	0	1
2	Indian Institute of Management Bangalore	0	2
3	Indian Institute of Management Kozhikode	2	5
4	Indian Institute of Management Calcutta	-1	3
6	Indian Institute of Management Lucknow	0	6
8	Indian Institute of Management Indore	-1	7
11	Indian Institute of Management Raipur	3	14
12	Indian Institute of Management Rohtak	4	16
16	Indian Institute of Management Udaipur	6	22
19	Indian Institute of Management Kashipur	4	23
22	Indian Institute of Management Tiruchirappalli	-4	18
24	Indian Institute of Management Ranchi	-9	15
26	Indian Institute of Management Shillong	0	26
29	Indian Institute of Management Visakhapatnam	4	33
41	Indian Institute of Management Jammu (IIMJ)	-5	36
43	Indian Institute of Management Nagpur	0	43
51	Indian Institute of Management, Amritsar	4	55
53	Indian Institute of Management Bodh Gaya	20	73
58	Indian Institute of Management Sambalpur	8	66
98	Indian Institute of Management, Sirmaur	-29	69

PGDM B-Schools in NIRF Ranking 2023
This year 25+ PGDM B-schools have found place in top 100 management institutes in NIRF Ranking 2023. Only 3 PGDM colleges XLRI, MDI and SPJIMR are placed among top 20 management institutes. A list of top PGDM B-schools in NIRF Rankings 2023 is as below:

NIRF Ranking 2023	B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022
7	National Institute of Industrial Engineering, Mumbai	2	9
9	XLRI-Xavier School of Management	-1	8
13	Management Development Institute, Gurugram	0	13
20	S.P. Jain Institute of Management & Research, Mumbai	1	21
31	Great Lakes Institute of Management, Chennai	0	31
33	Goa Institute of Management	3	36
34	International Management Institute New Delhi	-4	30
37	MICA, Ahmedabad	5	42
38	Institute of Management Technology, Ghaziabad	6	44
42	T. A. Pai Management Institute Manipal	-4	38
47	Jaipuria Institute of Management Noida	4	51
48	Birla Institute of Management Technology, Greater Noida	8	56
54	Institute of Rural Management Anand	4	58
62	Great Lakes Institute of Management,Gurgaon	-10	52
63	Fore School of Management, New Delhi	-3	60
67	International Management Institute Bhubaneswar	3	70
70	International Management Institute Kolkata	NA	NA
73	Principal L N Welingkar Institute of Management Development and Research, Mumbai	-5	68
76	National Institute of Bank Management, Pune	NA	NA
80	Jaipuria Institute of Management Jaipur	1	81
83	Rajagiri Business School, Cochin	-9	74
84	Institute of Management Technology, Hyderabad	-9	75
88	Jagan Institute of Management Studies, Delhi	-6	82
89	PSG College of Technology, Coimbatore	-26	63
90	Thiagarajar School of Management, Madurai	6	96
92	Jaipuria Institute of Management Lucknow	-14	78
97	National Institute of Agricultural Extension Management, Hyderabad	NA	NA
99	New Delhi Institute Of Management	NA	NA

IITs in NIRF Ranking 2023 for Management
The management departments of all IITs have not fared well. IIT Delhi, IIT Bombay, IIT Madras, IIT Kharagpur, IIT Kanpur have slided down in NIRF Ranking 2023 from last year. The details are as under:

NIRF Ranking 2023	B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022
5	Indian Institute of Technology Delhi	-1	4
10	Indian Institute of Technology Bombay	1	11
14	Indian Institute of Technology Kharagpur	-2	12
15	Indian Institute of Technology Madras	-5	10
18	Indian Institute of Technology Roorkee	1	19
23	Indian Institute of Technology Kanpur	-3	20
44	Indian Institute of Technology (Indian School of Mines), Dhanbad	2	46

Top University B-Schools as per NIRF Management Rankings 2023
Apart from IIMs and IITs, private PGDM Colleges, NIRF Ranking 2023 has ranked the MBA programmes of  top universities whether Government, Autonomous or Private. A list of such top universities is shared below with their ranking position.

NIRF Ranking 2023	B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022
17	Symbiosis Institute of Business Management	0	17
21	SVKM`s Narsee Monjee Institute of Management Studies, Mumbai	4	25
25	Jamia Millia Islamia,New Delhi	4	29
27	Indian Institute of Foreign Trade, New Delhi	-3	24
28	Amity University, Gautam Budh Nagar	0	28
30	Amrita Vishwa Vidyapeetham, Coimbatore	-3	27
32	Lovely Professional University, Phagwara	2	34
35	National Institute of Technology Tiruchirappalli	4	39
36	Chandigarh University	4	40
39	University of Petroleum and Energy Studies - UPES, Dehradun	2	41
40	ICFAI Foundation for Higher Education, Hyderabad	-8	32
45	K J Somaiya Institute of Management Studies and Research, Mumbai	26	71
46	XIM University, Bhubaneswar	-11	35
49	Anna University, Chennai	0	49
49	Thapar Institute of Engineering and Technology (Deemed-to-be-university)	4	53
52	Koneru Lakshmaiah Education Foundation University (K L College of Engineering)	-5	47
55	Aligarh Muslim University	2	57
56	Banaras Hindu University	-6	50
57	Siksha `O` Anusandhan, Bhubaneswar	NA	NA
59	Kalinga Institute of Industrial Technology, Bhubaneswar	-11	48
60	Christ University, Bengaluru	12	72
61	Nirma University, Ahmedabad	-16	45
64	Chitkara University, Rajpura	16	80
65	Graphic Era University, Dehradun	0	65
66	Guru Gobind Singh Indraprastha University, New Delhi	-4	62
68	Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior	-4	64
69	Malaviya National Institute of Technology, Jaipur	NA	NA
71	Saveetha Institute of Medical and Technical Sciences, Chennai	6	77
72	BML Munjal University, Gurgaon	-18	54
74	Krea University, Sri City, Chittoor	-14	60
75	National Institute of Technology Calicut	9	84
77	Birla Institute of Technology, Ranchi	1	78
78	Babasheb Bhimrao Ambedkar University, Lucknow	9	87
79	Manipal University, Jaipur	6	85
81	Amity University Haryana, Gurgaon	11	92
82	Panjab University, Chandigarh	-15	67
85	Jain university, Bangalore	11	96
86	Bharathidasan Institute of Management, Tiruchirappalli	-3	83
87	Alliance University, Bengaluru	11	98
91	Galgotias University, Gautam Budh Nagar	2	93
93	Tezpur University	NA	NA
94	Pandit Deendayal Energy University, Gandhinagar	-5	89
95	Visvesvaraya Technological University, Belgaum	-19	76
96	Jamia Hamdard, New Delhi	4	100
100	Guru Jambheshwar University of Science and Technology, Hisar	NA	NA

NIRF Management Rankings 2023 Methodology: Comparison with Top Global and National Rankings
NIRF gives 60% weightage to Faculty and Research, while it offers only 20% weightage to Graduation Outcomes, where Placements/Salary is sub parameter. The parameters and weightages assigned by NIRF Management Rankings are as below:

 

NIRF Management Rankings 2023

Sr. No.	Parameters	Ranking weight
1.	Teaching, Learning & Resources (TLR)	0.30
2.	Research and Professional Practice (RP)	0.30
3.	Graduation Outcomes (GO)	0.20
4.	Outreach and Inclusivity (OI)	0.10
5.	Perception (PR)	0.10

Source: NIRF

 

Let’s now look at the top global rankings.

 

Finally, here is the complete list of Top B-schools as per NIRF Management Rankings 2023

NIRF Ranking 2023	B-school	Score 2023	Ranking Gain/Loss from last year	NIRF Ranking 2022
1	Indian Institute of Management Ahmedabad	83.2	0	1
2	Indian Institute of Management Bangalore	80.89	0	2
3	Indian Institute of Management Kozhikode	76.48	2	5
4	Indian Institute of Management Calcutta	75.53	-1	3
5	Indian Institute of Technology Delhi	74.14	-1	4
6	Indian Institute of Management Lucknow	74.11	0	6
7	National Institute of Industrial Engineering, Mumbai	71.99	2	9
8	Indian Institute of Management Indore	71.95	-1	7
9	XLRI-Xavier School of Management	70.75	-1	8
10	Indian Institute of Technology Bombay	68.11	1	11
11	Indian Institute of Management Raipur	66.18	3	14
12	Indian Institute of Management Rohtak	65.88	4	16
13	Management Development Institute, Gurugram	64.88	0	13
14	Indian Institute of Technology Kharagpur	63.92	-2	12
15	Indian Institute of Technology Madras	62.83	-5	10
16	Indian Institute of Management Udaipur	62.78	6	22
17	Symbiosis Institute of Business Management	62.74	0	17
18	Indian Institute of Technology Roorkee	62.14	1	19
19	Indian Institute of Management Kashipur	61.07	4	23
20	S.P. Jain Institute of Management & Research, Mumbai	60.91	1	21
21	SVKM`s Narsee Monjee Institute of Management Studies, Mumbai	60.84	4	25
22	Indian Institute of Management Tiruchirappalli	60.83	-4	18
23	Indian Institute of Technology Kanpur	60.63	-3	20
24	Indian Institute of Management Ranchi	59.99	-9	15
25	Jamia Millia Islamia,New Delhi	59.78	4	29
26	Indian Institute of Management Shillong	59.12	0	26
27	Indian Institute of Foreign Trade, New Delhi	58.6	-3	24
28	Amity University, Gautam Budh Nagar	58.56	0	28
29	Indian Institute of Management Visakhapatnam	57.57	4	33
30	Amrita Vishwa Vidyapeetham, Coimbatore	57.02	-3	27
31	Great Lakes Institute of Management, Chennai	56.62	0	31
32	Lovely Professional University, Phagwara	56.44	2	34
33	Goa Institute of Management	56.28	3	36
34	International Management Institute New Delhi	56.05	-4	30
35	National Institute of Technology Tiruchirappalli	56.01	4	39
36	Chandigarh University	55.98	4	40
37	MICA, Ahmedabad	55.47	5	42
38	Institute of Management Technology, Ghaziabad	55.26	6	44
39	University of Petroleum and Energy Studies - UPES, Dehradun	54.83	2	41
40	ICFAI Foundation for Higher Education, Hyderabad	54.29	-8	32
41	Indian Institute of Management Jammu (IIMJ)	54.17	-5	36
42	T. A. Pai Management Institute Manipal	53.48	-4	38
43	Indian Institute of Management Nagpur	53.41	0	43
44	Indian Institute of Technology (Indian School of Mines), Dhanbad	52.64	2	46
45	K J Somaiya Institute of Management Studies and Research, Mumbai	52.14	26	71
46	XIM University, Bhubaneswar	52.09	-11	35
47	Jaipuria Institute of Management Noida	51.81	4	51
48	Birla Institute of Management Technology, Greater Noida	51.74	8	56
49	Anna University, Chennai	51.67	0	49
49	Thapar Institute of Engineering and Technology (Deemed-to-be-university)	51.67	4	53
51	Indian Institute of Management, Amritsar	51.3	4	55
52	Koneru Lakshmaiah Education Foundation University (K L College of Engineering)	51.29	-5	47
53	Indian Institute of Management Bodh Gaya	51.28	20	73
54	Institute of Rural Management Anand	51.19	4	58
55	Aligarh Muslim University	51.18	2	57
56	Banaras Hindu University	51.07	-6	50
57	Siksha `O` Anusandhan, Bhubaneswar	51.03	NA	NA
58	Indian Institute of Management Sambalpur	50.9	8	66
59	Kalinga Institute of Industrial Technology, Bhubaneswar	50.78	-11	48
60	Christ University, Bengaluru	50.69	12	72
61	Nirma University, Ahmedabad	50.04	-16	45
62	Great Lakes Institute of Management,Gurgaon	49.95	-10	52
63	Fore School of Management, New Delhi	49.85	-3	60
64	Chitkara University, Rajpura	49.8	16	80
65	Graphic Era University, Dehradun	49.77	0	65
66	Guru Gobind Singh Indraprastha University, New Delhi	49.71	-4	62
67	International Management Institute Bhubaneswar	49.3	3	70
68	Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior	49.13	-4	64
69	Malaviya National Institute of Technology, Jaipur	48.98	NA	NA
70	International Management Institute Kolkata	48.43	NA	NA
71	Saveetha Institute of Medical and Technical Sciences, Chennai	48.34	6	77
72	BML Munjal University, Gurgaon	48.27	-18	54
73	Principal L N Welingkar Institute of Management Development and Research, Mumbai	48.21	-5	68
74	Krea University, Sri City, Chittoor	48	-14	60
75	National Institute of Technology Calicut	47.99	9	84
76	National Institute of Bank Management, Pune	47.08	NA	NA
77	Birla Institute of Technology, Ranchi	46.96	1	78
78	Babasheb Bhimrao Ambedkar University, Lucknow	46.61	9	87
79	Manipal University, Jaipur	46.23	6	85
80	Jaipuria Institute of Management Jaipur	46.15	1	81
81	Amity University Haryana, Gurgaon	46.07	11	92
82	Panjab University, Chandigarh	46.05	-15	67
83	Rajagiri Business School, Cochin	46.03	-9	74
84	Institute of Management Technology, Hyderabad	45.78	-9	75
85	Jain university, Bangalore	45.63	11	96
86	Bharathidasan Institute of Management, Tiruchirappalli	45.59	-3	83
87	Alliance University, Bengaluru	45.55	11	98
88	Jagan Institute of Management Studies, Delhi	45.54	-6	82
89	PSG College of Technology, Coimbatore	45.44	-26	63
90	Thiagarajar School of Management, Madurai	44.79	6	96
91	Galgotias University, Gautam Budh Nagar	44.3	2	93
92	Jaipuria Institute of Management Lucknow	44.22	-14	78
93	Tezpur University	44.01	NA	NA
94	Pandit Deendayal Energy University, Gandhinagar	43.92	-5	89
95	Visvesvaraya Technological University, Belgaum	43.84	-19	76
96	Jamia Hamdard, New Delhi	43.74	4	100
97	National Institute of Agricultural Extension Management, Hyderabad	43.47	NA	NA
98	Indian Institute of Management, Sirmaur	43.26	-29	69
99	New Delhi Institute Of Management	42.61	NA	NA
100	Guru Jambheshwar University of Science and Technology, Hisar	42.13	NA	NA

NIRF Ranking 2023 Updates
Below are shared the NIRF Ranking 2023 Updates

• NIRF Management Ranking 2023 is the 8^th edition of MHRD NIRF Rankings. The first NIRF MBA Ranking was released on April 4, 2016 and since then the MHRD NIRF Ranking was released in the month of April till 2019. In 2020 NIRF Rankings were released in June and NIRF Rankings 2021 Management were released in September 2021, NIRF MBA Rankings 2022 was released on July 15, 2022 and NIRF MBA Ranking 2023 are release on June 5, 2023.
• The NIRF Rankings 2023 Management have been announced after assessing the Indian higher educational institutes on various parameters like teaching, learning and resources, research and professional practices, graduation outcomes, outreach and inclusivity, and perception.
• About 4000+ institutes had applied and participated for the rankings this year and about 4000 institutes applied in 2022 and 2021, and 3800 institutes in different categories had applied in 2020. 
• NIRF rankings were earlier announced by the President of India but now the rankings are released by the HRD Minister.
• Backed by Government, and frequently cited by IIMs, IITs, other top universities in their publicity material, NIRF has become the best regarded and most credible ranking in India.