National Institutional Ranking Framework (NIRF) released its management colleges’ ranking on June 5, 2023. NIRF allots the rankings based on research, learning resources, professional practice, teaching pedagogy, and institutional outcome.
IIM Ahmedabad bags the first position again followed by IIM Bangalore taking the second spot.
Last year, IIM Kozhikode was on rank 5. However, it scored the lead in third position this year, bringing great pride to the institute. It is observed that IIMK has been steadily and continuously shifting its ranking upward since 2020 when it was ranked at sixth position that year.
Talking about the PGDM business schools, only three of them could make it to the top 20 despite the international accreditations and excellent placement opportunities. XLRI is ranked at 9th position, MDI at 13th, and SPJIMR at 20th.
This year, the IIT business schools have dropped their rankings, which include IIT Madras, IIT Kanpur, and IIT Kharagpur. However, some IIMs have gained strongly, including IIM Kashipur, IIM Rohtak, and IIM Raipur. Other institutes that have strongly enhanced their ranking include IMT Ghaziabad, BIMTECH, IIM Bodh Gaya, MICA Ahmedabad, and KJ Somaiya Institute of Management.
You can get a brief overview of the ranking comparison of 2022 and 2023, which shows the drop and rise in NIRF rankings for these two years. MDI and Great Lakes rankings remain unchanged.
|Institute||NIRF Ranking 2022||NIRF Ranking 2023||Change|
|Management Development Institute||13||13||No Change|
|S.P. Jain Institute of Management & Research||21||20||+1|
|Great Lakes Institute of Management||31||31||No Change|
|Goa Institute of Management||36||33||+3|
|International Management Institute, Delhi||30||34||-4|
|Institute of Management Technology, Ghaziabad||44||38||+6|
|T. A. Pai Management Institute Manipal||38||42||-4|
|K J Somaiya Institute of Management Studies and Research||71||45||+26|
|Jaipuria Institute of Management, Noida||51||47||+4|
|Birla Institute of Management Technology||56||48||+8|
|Institute of Rural Management Anand||58||54||+4|
|Fore School of Management||60||63||-3|
Talking about the institute that is consistently performing well in the NIRF Rankings is the Goa Institute of Management. It is ranked at 33rd position this year, which is three ranks above the previous year. It has been in the top 50 colleges category for many years. In the IIRF Rankings 2023, GIM has bagged the 16th position.