MBA Rankings 2020 – India’s Top B-Schools

Top MBA Colleges Ranking in India

Choosing the right MBA course and MBA college is a crucial step. It is as critical as preparing for the MBA entrance exams. Three questions that MBA aspirants face are –

  • Is it a good b-school?
  • Is this the best option I have?
  • Is there a better option available?

 

While “good” “better” “best” are non-quantifiable, a standard benchmark helps make a conclusive decision. B-school rankings attempt to measure the performance of a college on different parameters. This helps students compare different b-schools. It helps construe what it offers and if it checks all the right boxes. An idea checklist includes –

  • Curriculum & Pedagogy
  • Corporate Exposure
  • Faculty
  • Placements
  • Campus Facilities
  • Alumni Base
  • Brand Value

 

MBA Rankings 2020: Basis of B-school Rankings

There are dedicated government, public, and private agencies that work on a methodological framework of metrics. The terminology may vary, but underlying parameters are similar. B-school rankings are based on two fundamental points –

 

  1. Opinions

Opinion-based rankings are volatile and subjective. Decisions are based on opinions gathered from –

  • Academic Experts
  • Alumni
  • Recruiters / Employers
  • Students – Existing and Prospective

 

  1. Facts

Fact-based are data-driven rankings. Agencies set standardized forms that MBA institutes need to fill. Based on the information or data shared by the respective b-schools, they are graded and marked.

 

MBA Rankings 2020: Different B-school Rankings

 

Conducting Body / Agency

Rankings

Parameters

Government of India, HRD Ministry

National Institutional Ranking Framework (NIRF) B-school Rankings

 

  • Teaching, Learning & Resources
  • Research and Professional Practice
  • Graduation Outcomes
  • Outreach and Inclusivity
  • Peer Perception

 

Outlook Magazine

Outlook ICARE India MBA Rankings 

  • Faculty Student Ratio
  • Research
  • Employability
  • Faculty Quality
  • Inclusiveness & Diversity

Optimal Media Solutions in partnership with Market Xcel Matrix

Times B-school Top 100 Management Institutes Rankings

  • Selection Process
  • Affiliation/ accreditations / collaboration
  • Learning Components
  • Curriculum
  • Faculty
  • Pedagogy
  • Future Orientation
  • Global exposure
  • Industry Interface - Interaction/ live projects/ corporate internship
  • Potential to network/ alumni outreach
  • Infrastructure and living experience
  • Facilities provided
  • Extracurricular activities
  • Fee structure
  • Placements

 

Business Today Magazine

Business Today India’s Best B-schools

  • Learning Experience
  • Living Experience
  • Placement Performance
  • Selection Process
  • Future Orientation

 

Some popular international rankings are:

  • QS World University Rankings: Global MBA Rankings - Click here
  • FT Global MBA Ranking 2020 - Click here
  • The Economist Full time MBA ranking - Click here

 

National Institutional Ranking Framework (NIRF) B-school Rankings 2019

The first National Institutional Ranking Framework (NIRF) MBA Rankings were published in 2016. The NIRF rankings are approved and released by the Government of India’s Ministry of Human Resource Development (MHRD). The NIRF MBA rankings are out in April each year. Due to the current COVID-19 pandemic, the NIRF 2020 rankings have been postponed.

 

The research methodology behind NIRF MBA rankings is perception and facts based. However, higher weightage is given to the teaching and research aspects of the institute. Below are the NIRF MBA Rankings 2019:

Rank

Name of the B-School

Score (out of 100)

1

Indian Institute of Management (IIM), Bangalore

81.34

2

Indian Institute of Management (IIM), Ahmedabad

80.61

3

Indian Institute of Management (IIM), Calcutta

79.05

4

Indian Institute of Management (IIM), Lucknow

67.29

5

Indian Institute of Management (IIM), Indore

67.01

6

Indian Institute of Technology (IIT), Kharagpur

66.64

7

Xavier Labour Relations Institute (XLRI)

65.33

8

Indian Institute of Management (IIM), Kozhikode

64.82

9

Indian Institute of Technology (IIT), Delhi

62.89

10

Indian Institute of Technology (IIT) Bombay

62.74

11

Indian Institute of Technology (IIT), Roorkee

62.11

12

Management Development Institute (MDI Gurugram)

61.89

13

Indian Institute of Management (IIM), Udaipur

60.79

14

Indian Institute of Management (IIM), Tiruchirapalli

59.15

15

Indian Institute of Technology (IIT), Madras

58.4

16

S P Jain Institute of Management and Research (SPJIMR)

55.67

17

National Institute of Technology Tiruchirappalli

55.57

18

Great Lakes Institute of Management

55.09

19

Indian Institute of Management (IIM), Raipur

53.86

20

Symbiosis Institute of Business Management (SIBM Pune)| Narsee Monjee Institute of Management Studies (NMIMS Mumbai)

53.56

Click here to read more.

Business Today MBA Rankings

Business Today is a prestigious b-school ranking. Business Today rankings are also partly opinion and partly fact-based. A higher weightage is given to the perception – future orientation and living & learning experience. Business schools are ranked on an overall score of 1000. The last Business Today MBA rankings 2020 were released in November 2019. The top 20 schools are:

Rank

INSTITUTION

OVERALL SCORE

1

Indian Institute of Management Ahmedabad

889.6

2

Indian Institute of Management Calcutta

888.1

3

Xavier Labour Relations Institute (XLRI), Jamshedpur

853.4

4

SP Jain Institute of Management & Research, Mumbai

850.2

5

Indian Institute of Management Indore

827.3

6

Management Development of Institute, Gurgram

807.4

7

Indian Institute of Management Kozhikode

801.3

8

Faculty of Management Studies, University of Delhi

774.5

9

SVKM's NMIMS School of Business Management, Mumbai

774.1

10

Indian Institute of Foreign Trade, New Delhi

767.3

11

National Institute of Industrial Engineering, Mumbai

749.9

12

Institute of Management Technology, Ghaziabad

744.7

13

International Management Institute, Delhi

743.7

14

Indian Institute of Management Shillong

741.8

15

Symbiosis Institute of Business Management, Pune

741.7

16

Indian Institute of Management Tiruchirappalli

738.8

17

Department of Management Studies, Delhi

737.4

18

Great Lakes Institute of Management, Chennai

737.1

19

T.A. Pai Management Institute, Manipal

737

20

Xavier Institute of Management, Bhubaneswar

736.3

 

Click here to read more.

Outlook MBA Rankings

The Outlook ICARE India MBA Rankings are also based on perception and facts. A higher weightage is given to the perception aspect. Each parameter is calculated out of 100. The overall score is the weighted average out of 100. The Outlook ICARE India MBA Rankings 2020 was published in October 2019. The top 20 schools are:

Rank

INSTITUTION

OVERALL SCORE

1

Indian Institute of Management Bangalore

91.77

2

Indian Institute of Management Ahmedabad

91.2

3

Indian Institute of Management Calcutta

89.85

4

Indian Institute of Management Indore

88.25

5

Indian Institute of Management Lucknow

87.96

6

Indian Institute of Management Kozhikode

85.86

7

Indian Institute of Management Tiruchirappalli

78.53

8

Indian Institute of Management Udaipur

77.16

9

Indian Institute of Management Raipur

74.14

10

Indian Institute of Management Shillong

70.76

11

Indian Institute of Management Rohtak

69.32

12

Faculty of Management Studies, University of Delhi

68.29

13

Indian Institute of Management Kashipur

67.72

14

Jamnalal Bajaj Institute of Management Studies

67.31

14

Indian Institute of Management Ranchi

67.31

15

Indian Institute of Foreign Trade

66.01

16

National Institute of Industrial Engineering

62.85

17

Anna University

62.11

18

Panjab University

56.98

19

Guru Gobind Singh Indraprastha University

49.57

20

Indian Institute of Forest Management

48.35

 

Click here to read more.

 

Times B-School Top 100 B-Schools

The Times B-school Survey includes full time management courses - including two-year courses in India. The research is conducted in three modules covering objective and perceptual study - Desk Research, Factual survey & Perceptual Rating survey. The top 20 schools in the Times B-school Top 100 Management Institutes Rankings 2020 are:

 

RANK

INSTITUTE / B SCHOOL

1

Indian Institute of Management, Shillong

2

Indian Institute of Management (IIM), Raipur

3

Indian Institute of Management, Udaipur

4

Institute of Management Technology, Ghaziabad

5

K.J. Somaiya Institute of Management Studies and Research, Mumbai

6

Management Development Institute, Gurugram, Haryana

7

Amity Business School, Amity University, Noida

8

Indian Institute of Management, Kashipur

9

Vinod Gupta School of Management-IIT Kharagpur, West Bengal

10

Symbiosis Institute of Business Management, Pune

11

Sri Balaji Society, Pune (BIMHRD, BIIB, BIMM,BITM)

12

Rajagiri Centre for Business Studies, Cochin

13

Symbiosis Centre For Management and Human Resource Development, Pune

14

Institute of Management Studies (IMS), Ghaziabad

15

Institute of Rural Management Anand (IRMA) , Anand

16

Institute of Management - Nirma University, Ahmedabad

17

Lal Bahadur Shastri Institute of Management, Delhi

18

International School of Business & Media (ISB&M), Pune

18

Faculty of Management Studies, Manav Rachna International Institute of Research & Studies, (MRIIRS), Faridabad

19

Apeejay School of Management, Delhi

20

Institute of Public Enterprise, Hyderabad

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