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
- MICA Ahmedabad has moved up at Rank # 37 from # 42 last year
- K J Somaiya Institute of Management, Mumbai has gone up at the Rank # 45 from # 71 last year
- IMT Ghaziabad has moved up at Rank # 38 from 44 last year
- IIM Bodh Gaya has moved up by 20 places at Rank # 53 from #73 last year
- 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 8th 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.
