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The top 25 Business schools in India

Indian Business Schools (B-Schools) such as the IIM’s (Indian Institute of Management) at Ahmedabad, Bangalore, Calcutta, XLRI are world famous for the quality of students it churns out year on year. IIMs have historically the highest number of students who become enterpreneurs in their professional life. The demand for these B-School students has consistently grown over a period of last few years.

Here is a list that I thought would be beneficial to the readers who are interested in B-Schools in India. I am also planning to put together a list of Top Engineering colleges too. I have searched the Internet and have not found a comprehensive list of. India has atleast got 100 good engineering colleges. Look out for that list in near future on this blog.

These are the schools that are generally regarded as the top B-Schools in India: (The list given below is in no particular order)

Here is the list of Top business management schools in India:

1.Indian Institute of Management, Ahmedabad (IIM A)

Regarded to be the best of the best business schools in India, IIM Ahmedabad. offers four programmes in Management. The PGP – Post Graduate Program (equivalent to MBA), the FPM – Fellowship Program in Management(equivalent to Ph.D), the FDP – Faculty Development Program for Management teachers and Trainers and the MDP – Management Development Program – a refresher for middle and top level managers.

2. Indian Institute of Management, Calcutta (IIM C)

The oldest of the IIMs, established in Kolkatta, IIM Calcutta is amongst the top three B schools in India. The institute offers three full time programs. The PGDM – Post Graduate Program in Management (equivalent to MBA), the FPM – Fellowship Program in Management, the PGDCM – Post Graduate Diploma in Computer Aided Management. The institute also offer part time PGDBM – Post Graduate Diploma in Business Management for managers with relevant work experience. In addition, MDP – Management Development Programs are held in regular intervals for middle and top level managers.

3. Indian Institute of Management, Bangalore (IIM B)

IIM Bangalore offers two year full time PGP – Post Graduate Program in Management (equivalent to MBA) and a FPM – Fellowship Program in Management. Both these programs require the candidate to take CAT. The institute also offers part time non residential PGSM – Post Graduate Program in Software Enterprise Management. There is a separate entrance test for this program. This business school is ranked amongst the top three business schools in the country.

4. Indian Institute of Management, Lucknow (IIM L)

IIM Lucknow offers a two year full time residential PGP – Post Graduate Program in Management and a four year FPM program. Both these programs require a candidate to take CAT. The institute also has an interesting student exchange program where students of this B-School go to premier B-Schools the world over and do part of their education. Students and faculty from these internationally reputed B-Schools in turn visit IIM Lucknow. It is ranked amongst the top five B-Schools in India.

5. XLRI – Xavier Labour Research Institute, Jamshedpur

Xavier Labour Research Institute, popularly known as XLRI was established in 1949 at Jamshedpur. The institute offers two courses at the post graduation level in management – a post graduate diploma in Business administration and a post graduate diploma in Personnel Management and Industrial Relations (PMIR). Online version of the brochure is also available.

6. ISB – Indian School of Business, Hyderabad

Indian School of Business, Hyderabad is emerging as a preferred choice for MBA aspirants who want to pack in the program into a one year course. As it gradually builds up its permanent faculty base, the ISB has created a unique and sustainable visiting faculty model with some of the world’s leading academicians from Wharton, Kellogg, Harvard, Stanford, Chicago, Duke and Texas among others. The school offers a one year Post Graduate Program in Management.

7. FMS – Faculty of Management Studies, University of Delhi

FMS is amongst the top 10 B-Schools in the country and probably one of the two attached to a university amongst the top ten. The full time program of FMS started in 1967. Generally the demand for students is very high where most of the times students being placed within a day or two.

8. Indian Institute of Management, Indore (IIM I)

The Indian Institute of Management, Indore (IIMI) is the latest addition to the IIM community. IIMI has a two-year post graduate programme emphasizing on Experiential learning, IT orientation, and Social Sensitivity. IIM-I offers the following programs viz., (a) The Post Graduate Programme (PGP), a two year programme (b) Management Development Programme. These are held throughout the year. (c) Faculty Development Programme (FDP) is designed to assist in the development of teachers, researchers, and trainers for management education and (d) Executive Post-Graduate Programme (Exe-PGP) a 18-months programme, designed for working executives.

9. Indian Institute of Management, Calicut (IIM K – Kozhikode)

Established in 1996, The Indian Institute of Management Kozhikode, IIMK is the fifth Indian Institute of Management. Its academic programmes encompass a range of long term full time diploma programmes such as the Post Graduate Programme in Management, and a number of short duration executive education programmes. The institute also offers an “Interactive Distance Learning Programme”

10. Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)

The Jamnalal Bajaj Institute of Management Studies, (JBIMS) was established by the University of Bombay in 1965 in collaboration with the Graduate School of Business, Stanford University with the objective of pioneering and furthering post – graduate management education in India. JBIMS has been ranked in Asia’s Top 25 business schools by Asia Inc.

11. S. P. Jain Institute of Management Studies, Mumbai (SPJIMR)

The Institute’s PGDM programme amongst the best in the country offers the following specialisation in the second year (fourth and fifth trimester). Finance Management, Marketing Management, Information Management and Manufacturing & Operations Management. Core subjects normally focus on the basic aspects relating to a particular area of specialisation. In addition, each participant can take courses from another specialization as a ‘Minor Specialization’.

12. Shailesh J. Mehta School of Management, IIT Mumbai (Bombay)

The school commenced its operations in 1995 and has been awarding a full time two year masters degree, a doctoral program in management and Executive Education programs in management. One unique feature of the program is that apart from the regular courses on Finance, Accounting, Operations and HR, SJM SOM prepares for technology management with core courses like Technology Policy, R&D Management and Managing technology transfer. To secure an admission, you need to take JMET, the Joint Management Entrance Test.

13. Management Development Institute, Gurgaon (MDI)

Amongst the top management institutes in India, MDI offers a two year Post Graduate Program in Management. The curriculum is spread over six terms of about three months each. The core curriculum is spread over four terms with the bulk of it covered in the first three terms. MDI has student exchange arrangements with Aarus School of Business, Denmark, CBPA, USA; Copenhagen Business School, Denmark; EDHEC, France; ESCP-EAP and Sciences Po, France; Leipzig Graduate School of Management, Germany; McGill University, Canada; Norwegian School of Management, Norway; Queensland University of Technology, Bangkok; Solvay Business School, Belgium; Universita Carlo Cattaneo (LIUC), Itlay and Warsaw School of Economics, Poland.

14. Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)

NMIMS offers a two-year full-time programme, spread over six trimesters and leading to the degree in Master of Business Administration. Number of seats: 240. Students are admitted to the programme if they meet the required standards of the two stage selection process – Stage I: A written admission test; Stage II: Candidates who qualify at stage 1 will be required to appear for the second stage of selection process like the Group Discussion and Personal Interview.

15. Xavier Institute of Management, Bhubaneswar (XIM B)

XIM Bhuvaneswar, offers the following courses: Post Graduate Programme in Management, Executive Post Graduate Programme in Management, Post Graduate Programme in Rural Management and Fellow Programme Management. The PGP in Management is the flagship programme of the Institute. The courses impart a generalist perspective, in addition to training the students in technical and functional business skills such as accounting, finance, marketing and production.

16. Symbiosis Institute of Business Management, Pune (SIBM)

SIBM, Pune offers a Master’s Degree in Business Administration – MBA Dual Specialization. Specializations include Marketing, Finance, Human Resource, Manufacturing, and Materials & Logistics Management. A total of 120 students shall be selected for this course.

17. Symbiosis Center for Management & Human Resources Development, Pune (SCMHRD)

Please click on above link to visit the Business School site to get more information

18. Institute of Management & Technology, Ghaziabad (IMT)

Please click on above link to visit the Business School site to get more information

19. International Management Institute, Delhi (IMI)

Please click on above link to visit the Business School site to get more information

20. Bharathidasan Institute of Management, Trichy (BIM)

Please click on above link to visit the Business School site to get more information

21. Mudra Institute of Communications, Ahmedabad (MICA)

Please click on above link to visit the Business School site to get more information

22. Indian Institute of Foreign Trade, Delhi (IIFT)

Please click on above link to visit the Business School site to get more information

23. T. A. Pai Management Institute, Manipal (TAPMI)

Please click on above link to visit the Business School site to get more information

24. Loyola Institute of Business Administration, Chennai (LIBA)

Please click on above link to visit the Business School site to get more information

25. Institute of Management Development Research, Pune (IMDR)

Please click on above link to visit the Business School site to get more information

b-school-in-distance-learning-pune B-Schools Best best business schools in India Best-Mba-colleges bschool bschools Business business-school-in-india business-schools
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About Arun Prabhudesai

Arun Prabhudesai is founder / chief editor at trak.in. He jumped the Entrepreneurship bandwagon in early 2008 after a long 13 year stint in I.T Industry. You can follow him on twitter @trakin and Facebook. Arun’s Google+ Profile

418 comments

  1. what are the percentile for iitm allahabad,lbs delhi&imtghaziabad

  2. hi what advantage ll i get if i do post graduate programme in retail management which is of 1 year duration only and not approved by aicte.what is the expected salary after the course if i am selected in a company like pantaloon,reliance fresh or pyramid retail?ll it be a managerial job? how is it different from mba (retail) or retail mgmt of 2 years duration? thanks……… varun

  3. Sir i want to get admissin in MBA programmes through distance learning mode. kindly suggest me the best option praticularly about that institute which is having its study centre in lucknow. the admissions date is already expired in many of the institutes.

  4. Dear sir, indeed this piece of information is really required but can you also let me know the best institutes for working professionals which provides MBA or certificate course of 6 months or so in particular field like Technology management or Insurance etc. I will be grateful to you if u can list down those.

  5. your list is very nuch informative. Hope you come out with a list of top 2 tier b schools

  6. hi what advantage ll i get if i do post graduate programme in retail management which is of 1 year duration only and not approved by aicte.what is the expected salary after the course if i am selected in a company like pantaloon,reliance fresh or pyramid retail?ll it be a managerial job? how is it different from mba (retail) or retail mgmt of 2 years duration? thanks………

  7. I have 2 and 1/2 years eps. in call center / want to do M.B.A. in finance from ICFAI or NARSEE MONJEE or IICT LUCKNOW / plz suggest that for whicn institute i should go….

  8. INFORMATION IS RELEVENT BUT MORE EMPHASIS IS GIVEN ON TOP TEN B-SCHOOLS ONLY AND NOT B+ GRADE SCHOOLS. PLS MENTION THAT ALSO.

  9. hi i want to know about top b schools in india. and how to prepare for the cat foe get admission in top institutes.

  10. Anurag Pratap Singh

    Your ranking is not authentic and it seemes that you are being Bribed

  11. I’m pursuing MBA in Operatins via correspondence from ICFAI. Hyd. Kindly suggest what value will it hold for me in the future? Shall I switch to change it & do it from IIM Ahmedabad or continuing from here will give me equivalent returns?

  12. i want to know best part time mba institutes in delhi and does not ask .for experience thank u

  13. Hi sir that was really helpful for me 2 know d position of d institutes… but if u can tell us more lik what r all d exams to be taken up to for each institutes it would be really gr8!! If u can write reg d downfall of institute & why others got uplifted in d ranking it wl be really useful bith for d viewers & holders of it to improve… This wl make a viewers 2 tak balanced decision based on d suggestion u info u provide us….. my I.D: xspurt00@yahoo.com d viewers also can help me in any way u think of! thanking you wit best wishes

  14. Please let me know that which Management insititute of Kerla and Tamilnadu is organising Management Development Program in the month of Nov.2007 on Corporate Communication or Public Relations. With regrads, Manoj Kumar 9932002104

  15. Hi Trakin! Gr8 Info…Could you Please tell me the list of BEST B-schools offering Distance learning MBA Programs. Thanks Ani

    • hello….i m campletet my graduation with bba steam,and now i want to do mba so plz suzas me witch college is best in ncr

  16. Sai Prashanth.S

    The information tat was provided was mindblowing and very useful.Thank u.

  17. thanx for the info..please write the tests to be taken for these schools also..!!

    • i want take add. in mba coll. . who’s coll. best for me i am a student of m.com plz sagt. me

    • hiii this is rajesh from hyderabad.. hey r u going to write cat this year.. . for ur question cat is the best exam… send ur comments

  18. its a great information for all MBA aspirants

  19. you also write how to get through these colleges..

    • Ranjit kr. jha

      Hello sir, recently i completed my bbs from Nepal commerce campus kathmandu, nepal in 2008 and my problem is that i have not able to invest to much money in mba but i want to study mba in good institute in minimum cost just as 400,000 neplese rupees only. so that you please kindly suggest me about good institute in india for mba, im verry confuseed about it. please reply me imidetly on my email id.

  20. thanks for the information.but i need some more information regarding the best b schools providing retail management course in india and where do K.J.SOMAIYA instiutte of management studies and research of mumbai stands in this list.plz help me by providing the information as soon as possible.in urgent need.

  21. thanks this is the best list still so far i have seen . but i need some information about part time mba

  22. Thanks a lot,

  23. i believe this is a great list cos normally lot of magazines and other circulars come out with a list of colleges which cannot even be termed as good colleges.thankand can you help me to find out a top b-school which offers specialisation in investment banking.i know about nmims which offers prog. in capital markets but is there any other course.regards. my mail id is:vinayan.v.nair@gmail.com

  24. Thanks Mesmerized. That was the whole point of putting it together. I’m glad it is useful..

    • mann chaudhary

      hello sir ,i m so confused ,i m getting the calls 4m iipm ………..should i take admson in dat, i m nt gettng suggestion

      • Try to get a seat in perfect institute according to your profile. if you have no knowledge you can meet us

    • Hi Prabhu. This is a comprehensive list of B-School. Firstly I would request you to publish my comment so that you show your blog believes in giving voice to its readers. You have done a good job. However there is no methodology in terms of selection of a B-school in your post. There are many other B-schools that deserve to be in this list. I personally feel you have no idea of B-schools in the North. I understand this is a list and not ranking but you must include references for your top 25 B-schools in India. Like any other magazine, blog like Pagalguy or research companies you should have a transparent criteria of selection and evaluation of a B-school on certain parameters. I understand that will be too much in terms of writing a blog post but would be more credible.

  25. Hey trackin, Thats a nice list you got there, im sure a lot of my friends who are looking at MBA as an option would find your post helpful, ill be gladly forwarding it to them :) Mesmerized !

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