Top MBA Colleges in India
We did the top 25 business schools in India around 5 years back. It is time to update the list with latest rankings so that readers would get to know the most updated list. You can also compare the rankings which have changed over the years. Bookmark this page as we will keep on updating this page every year for benefit of our readers.
Most Updated Top B-School Rankings in India
The Indian School of Business (ISB) was founded in 2001 by two senior executives from McKinsey & Company. It is a private school. Even though it is the first business school in India to be accredited by the Association to Advance Collegiate Schools of Business (AACSB), ISB is not accredited by the Indian statutory body, the All India Council for Technical Education (AICTE) as it has chosen not to apply for the accreditation.
ISB has been ranked 33rd in the world in the 2015 Financial Times Global MBA Rankings.
Indian Institute of Management Ahmedabad has consistently been ranked as the number one management school in the country year after year in the last several years. In its latest ranking, The Economist has ranked IIMA at 56 among the top 100 international B-schools in the world that offer full-time MBA. The Financial Times (FT) has ranked the two-year post graduate programme in management (PGP) of IIMA in the top ten programmes in the category of Masters Programmes in Management that do not require work experience as pre-requisite for admission. FT reported that this was the first time that any Indian B-school was not only included in the survey but also achieved such high ranking.
The Financial Times has also ranked the one-year post graduate programme in management for executives (PGPX) among the top MBA programmes globally. The two post graduate programme in management with a specialization in agri-sector (PGP-ABM) is ranked at number one among comparable programmes globally by Eduniversal.
The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961 in collaboration with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation and Indian industry.
Over the years, IIMC has grown into a mature institution with global reputation, imparting high-quality management education. It has been playing a pioneering role in professionalizing Indian management through its Post Graduate and Doctoral level programs, Executive Training Programs, Research and Consulting Activities.
IIM Bangalore (IIM-B) is the thrid IIM to be established after IIM-Ahmedabad and IIM-Calcutta (Now, Kolkata). It was founded in 1973. IIM Bangalore has the distinction of being situated in India’s Silicon Valley which is a notable advantage as compared to almost all the other IIMs.
IIM-B offers Post Graduate programmes, Doctoral Programme/FPM as well an Executive education program.
XLRI – Xavier School of Management is a leading management school based in Jamshedpur, Jharkhand, India. Established in 1949 as the Xavier Labor Relations Institute, XLRI is acknowledged as India’s oldest business management school. The Jesuit managed school’s main programs include a full-time 2-year post graduate program in Business Management, Personnel Management & Industrial Relations (re-christened as Human Resources Management in 2011) and Global MBA, 15 months full-time General Management program (PGDM-GM), doctoral fellow programs (FPM) and many executive education programs.
The Indian Institute of Management of Lucknow was the fourth one to be established by the Government Of India back in 1984. It has a satellite campus in Noida for its executive programs, and is ranked among the top business schools in India.
IIM-L is recognized as an “Institution of Excellence” by the Ministry of Human Resource Development, Government of India.
Faculty of Management Studies (Commonly known as FMS Delhi), established in 1954 under the aegis of the University of Delhi, offers management education to the professional managers as part-time and full-time MBA programmes. It is one of the oldest business schools in India which started offering a Full-Time MBA programme.
FMS is known for its academic programmes, training programmes, research, and consultancy, but its primary aim is long-term academic programme leading to a Degree Certification.
Currently, FMS conducts the following long-term programmes:
- MBA (Full Time)
- MBA(Executive)Health Care Administration
- Doctoral Programmes
- Bachelor of Management Studies
In addition to all these programmes, FMS also regularly conducts Management Development Programmes.
The Indian Institute of Management Indore (often abbreviated as IIM-I) is an autonomous public business school located in Indore, Madhya Pradesh. Instituted in 1996, IIM Indore is the sixth addition to the prestigious Indian Institute of Management (IIM) family of management schools.
IIMI offers following academic programs:
- Integrated Programme in Management (IPM)
- Post Graduate Programme in Management (PGP)
- Executive Post-Graduate Programme in Management (EPGP)
- Post Graduate Programme in Management for Executives (PGPMX)
- Fellow Programme in Management (FPM)
The Indian Institute of Management Kozhikode is one of the 13 Indian Institutes of Management set up by the Government of India. The Institute, founded in 1996 in collaboration with the State Government of Kerala, was the 5th IIM to be established.
IIMK offers following academic programs:
- Post Graduate Programme in Management
- Fellow Programme in Management
- Executive Post Graduate Programme
- Social Development Initiatives
- International Exchange
S.P. Jain Institute of Management and Research (SPJIMR) is a constituent of the Bharatiya Vidya Bhavan and is recognized as one of the premier business schools of India. The Institute grew rapidly in eminence from one of the three B-schools in Mumbai in 1981 to one of the top ten B-schools in the country by 1994-1995.
S.P. Jain offers following academic programs:
- Post Graduate Diploma in Management
- Post Graduate Programme in Management
- Executive Management Programme
- Family Managed Business programme
Jamnalal Bajaj Institue of Management Studies (JBIMS) was established in 1965 by University of Mumbai in collaboration with the Graduate School of Business of Stanfor University.
It is Mumbai University’s Department of Management Studies and has been named after the noted industrialist and philanthropist, Jamnalal Bajaj.
Originally established in 1936 as the Dorabji Tata Graduate School of Social Work, TISS is regarded as India’s first school of social work. The institute originally offered post-graduate diploma in Social Work.
However, over the years TISS has expanded its outlook considerably to offer courses in policy, planning, action strategies and human resource development. Currently, TISS has four campuses in Mumbai, Tuljapur, Hyderabad and Guwahati.
The Indian Institute of Foreign Trade (IIFT) is an autonomous public business school established in 1963 by the Government of India to help professionalize the country’s foreign trade management and increase exports.
Its flagship program is the Master of Business Administration inInternational Business (MBA-IB). It is the only institute among the top-10 business schools of India that offers this program.
Apart from the MBA(IB) Course, IIFT provides various Management Development Programs, Executive Programs and Certificate Programs catering to the requirements of aspiring International Business executives and mid-career professionals alike.
Management Development Institute (MDI) is one of the premier business schools in India. It was established in 1973 and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi. Its second campus has come up near Murshidabad, West Bengal.
MDI offers following academic programs:
- Post Graduate Programme in Management (PGPM)
- PG Programme – Human Resource Management (PGP-HRM)
- Post Graduate Programme in International Management (PGPIM)
- National Management Programme (NMP)
- Post Graduate Diploma in Public Policy and Management
- Fellow Programme in Management
- Executive Fellow Programme in Management
- Part Time Post Graduate Programme in Management (PT-PGPM)
National Institute of Industrial Engineering (NITIE) was established in 1936 as ‘National Institute of Training in Industrial Engineering’ by the Government of India. It is recognized as one of the 15 Centres of Excellenceby the Ministry of HRD, Government of India. NITIE is renowned as the top Indian school for operations and supply chain management.
We update this list frequently, and make sure that the list is recent one. If you find something is wrong, please do get in touch with us.