One of the popular post on this blog has been the The top 25 Business Schools in India, which I had published back in 2007. As the list has been outdated now, I thought it would be a good time to publish the Top B-School & Professional Colleges in India for 2009.
Unlike the previous list which was released by Outlook, this is a more comprehensive list released by Research organization C fore (Centre for Forecasting & Research). The list is based on 163 B-schools that participated in the survey.
Interesting aspect about this survey is that the data is based primarily on objective data. The survey is also transparent as participants have access to the data of their competitors after the findings are published.
The survey ranks two year full time programmes offered by B-schools in India based on following parameters:
- Intellectual capital
- Placement performance
- Infrastructure and facilities
- Industry interface.
- International Linkages
These parameters were further divided to obtain granular scores for rankings. You can check out the complete methodology and details here.
It is interesting to see that with the downturn looming large many of the Business Schools were not able to achieve 100% placements and the average salaries compared to previous years dropped by more than 30%.
The downturn took a toll on the Business Schools itself.
- In 88% of the B-schools surveyed, not a single faculty member was sent to participate in an international conference.
- In 68% of the schools, the faculty development expenditure did not exceed 10 lakh rupees.
- In 91% of the schools surveyed, not a single paper has been published in any international journal by their permanent faculty in the last academic year.
(Source: WSJ)
Top Business Schools in India
| Institute | City | Placed | Average (Rs. Lakhs P.A) |
| IIM, Ahmedabad | Ahmedabad | 100.00 | 12.17 |
| XLRI, Jamshedpur | Jamshedpur | 100.00 | 12.12 |
| FMS, Delhi | Delhi | 100.00 | 11.47 |
| Jamna Lal Bajaj Institute of Management Studies | Mumbai | 100.00 | 10.72 |
| Shaliesh J Mehta School of Management | Mumbai | 100.00 | 10.28 |
| NITIE Mumbai | Mumbai | 100.00 | 10.27 |
| NMIMS University | Mumbai | 100.00 | 10.20 |
| S P Jain IMR | Mumbai | 100.00 | 10.00 |
| MDI, Gurgaon | Gurgaon | 100.00 | 9.55 |
| IIM Kozhikode | Kozhikode | 100.00 | 9.47 |
| IIM Indore | Indore | 100.00 | 9.15 |
| Vinod Gupta School of Management | Kharagpur | 93.00 | 8.93 |
| Institute of Management Technology | Ghaziabad | 92.00 | 7.78 |
| IIFT Delhi | Delhi | 100.00 | 7.55 |
| XIMB, Bhubaneswar | Bhubaneswar | 100.00 | 7.30 |
| SYDENHAM Institute of Management | Mumbai | 100.00 | 7.05 |
| Bharathidasan Institute of Management | Tiruchirappalli | 100.00 | 7.02 |
| Alliance Business School | Bangalore | 100.00 | 6.93 |
| LBSIM, Delhi | Delhi | 100.00 | 6.57 |
| NILM, New Delhi | New Delhi | 100.00 | 6.50 |
| TAPMI | Manipal | 78.50 | 6.49 |
| IBS, Mumbai | Mumbai | 100.00 | 6.04 |
| K J Somaiya Institute of Management | Mumbai | 86.00 | 5.71 |
| Integrated Academy of Management & Technology | Ghaziabad | 90.00 | 5.50 |
| BIMM, Pune | Pune | 100.00 | 5.50 |
| IMI, Delhi | Delhi | 95.00 | 5.44 |
| SIES College of Management Studies | Navi Mumbai | 90.00 | 5.25 |
| MANAGE, Hyderabad | Hyderabad | 100.00 | 5.20 |
| IMT, Nagpur | Nagpur | 62.67 | 5.03 |
| IBS, Hyderabad | Hyderabad | 71.00 | 5.00 |
| IFMR Chennai | Chennai | 100.00 | 5.00 |
| SDM Institute for Management | Mysore | 90.00 | 5.00 |
| Welingkar Institute of Management | Mumbai | 95.00 | 5.00 |
| Institute of Management, Nirma University | Ahmedabad | 100.00 | 5.00 |
| Amity Business School | Noida | 90.00 | 5.00 |
| Indian Institute of Forest Management, Bhopal | Bhopal | 100.00 | 4.80 |
| SCMS-Cochin | Cochin | 80.00 | 4.70 |
| Christ University | Bangalore | 100.00 | 4.70 |
| XIME, Bangalore | Bangalore | 76.00 | 4.68 |
| Institute of Rural Management, Anand | Anand | 100.00 | 4.64 |
| BIMTECH, Greater Noida | Greater Noida | 67.50 | 4.57 |
| Amrita School of Business | Coimbatore | 82.00 | 4.50 |
| JIMS, Rohini | Delhi | 100.00 | 4.50 |
| Acharya Institute of Management & Sciences | Bengaluru | 95.00 | 4.50 |
| ITM, Navi Mumbai | Navi Mumbai | 100.00 | 4.36 |
| FOSTIIMA Business School | New Delhi | 96.00 | 4.15 |
| IFIM Bangalore | Bangalore | 53.00 | 4.12 |
| IPE, Hyderabad | Hyderabad | 75.00 | 4.12 |
| RCM, Bhubaneshwar | Bhubaneswar | 100.00 | 4.10 |
| IBS Bangalore | Bangalore | 76.00 | 4.02 |
| IMS Ghaziabad | Ghaziabad | 100.00 | 4.00 |
| Institute of Engineering & Management , Calcutta | Calcutta | 100.00 | 4.00 |
| Bharati Vidyapeeth University | New Delhi | 92.00 | 4.00 |
| Jaipuria Institute of Management | Lucknow | 100.00 | 3.80 |
| Army Institute of Management | Kolkata | 63.00 | 3.71 |
| International School of Informatics Management | Jaipur | 100.00 | 3.69 |
| JIMS Delhi Kalkaji | Delhi | 65.00 | 3.60 |
| IHMR, Jaipur | Jaipur | 98.00 | 3.60 |
| Suryadatta Group of Institutes | Pune | 88.00 | 3.50 |
| Badruka | Hyderabad | 62.00 | 3.50 |
| BITM, Pune | Pune | 82.00 | 3.40 |
| PSG Institute of Management | Coimbatore | 80.00 | 3.40 |
| Galgotias Business School | Greater Noida | 100.00 | 3.25 |
| Lal Bahadur Shastri of Management & Technology | Bareilly | 100.00 | 3.25 |
| Lovely Professional University | Phagwara | 70.00 | 3.20 |
| Apeejay School of Management | Delhi | 57.00 | 3.18 |
| Balaji Institute of Management & HRD | Pune | 95.00 | 3.10 |
| BIIB, Pune | Pune | 70.00 | 3.08 |
| St. Joseph’s | Bangalore | 80.00 | 3.00 |
| Tecnia Institute of Advanced Studies | Delhi | 55.00 | 3.00 |
| DMS, ISM University, Dhanbad | Dhanbad | 45.00 | 3.00 |
| Jaipuria Institute of Management | Jaipur | 100.00 | 2.93 |
| Prestige Institute of Management & Research | Indore | 100.00 | 2.92 |
| Institute of Rural Management | Jaipur | 80.00 | 2.90 |
| Vaikunth Mehta National Institute of Co-operative Management | Pune | 100.00 | 2.88 |
| PCTE, Ludhiana | Ludhiana | 100.00 | 2.85 |
| Rajagiri School of Management | Kochi | 56.00 | 2.80 |
| Institute of Management Education | Sahibabad | 80.00 | 2.63 |
| School of Management, KIIT University | Bhubaneswar | 73.00 | 2.61 |
| AICAR Business School | Raigad (MS) | 74.00 | 2.57 |
| Invertis Institute of Management Studies | Bareilly | 90.00 | 2.57 |
| Gitam Institute of International Business (GITAM University) | Visakhapatnam | 82.00 | 2.55 |
| Institute for Technology & Management | Bangalore | 78.00 | 2.50 |
| Indian Academy School of Management Studies | Bangalore | 85.00 | 2.50 |
| Jaipuria Institute of Management | Noida | 96.00 | 2.33 |
| Mount Carmel Institute of Management | Bangalore | 46.00 | 2.30 |
| Pioneer Institute of Professional Studies | Indore | 75.00 | 2.25 |
| Guru Nanak Institute of Management | Delhi | 85.00 | 2.20 |
| GITAM Institute of Management | Visakhapatnam | 60.00 | 2.00 |
| Sambhram Academy of Management Studies | Bangalore | 50.00 | 2.00 |
| IMS, Dehradun | Dehradun | 67.00 | 1.80 |
| Prestige Institute of Management Gwalior | Gwalior | 100.00 | 1.80 |
| Skyline Business School | Gurgaon | 67.00 | 1.77 |
| Prestige Institute of Management | Dewas | 51.00 | 1.45 |
You can find complete details of Placements here.
Comments
How come none of the Symbiosis MBA colleges made it to this list.
ISB hyderabad missing…:(
This survey ranks 2 year programmes. ISB Hyderabad offers 1 year program. I also heard that they do not provide their placement and other numbers to these kind of surveys.
Hey where is IIM Calcutta?
And IIM Delhi has slipped down
Regards
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{In 91% of the schools surveyed, not a single paper has been published in any international journal by their permanent faculty in the last academic year.}
I guess this has nothing to do with the downturn. Moreover this shows the quality of education in our B-Schools. Not only B-Schools if you do a research you will find that not many papers are being published by IIT faculty either. Higher education is in shambles in India.
Hi
This list needs some big time editing.For the fact IIM Bangalore did not even make it to the list is astonishing.Constantly ranked No.2 IIM B should definitely be well placed in Top 10 atleast.The survey should talk about B-Schools and not the No. of years the course is for hence ISB has to make it to the top of the list.Some not so great institutes have made it to the list.Also Capitation should be also taken into account and marks should be deducted based on it.What is a survey without penetrating the roots and getting proper information about the institutes.
I don’t see ISB Hyderabad why is it not listed here ?
-Himanshu Sheth
Himanshu, I have attached the methodology document as well as the ranking placement xls. Check it out. Also, Are ISB Hyderabad 2 year courses? I am not sure. The rankings are for those only..
One more things, When you check out the placement document attached you will find that acc to survey FMS delhi charges Rs 1.2 lakhs actually it charges just Rs 10k for 1 year or 20k for 2 years excluding hostel charges :)
Many of the b-schools don’t participate in such surveys…may be IIM B and C didn’t participate…
what about IIPM,DELHI?
this college has been consistently providing the advertisement in TOI,depecting
himself among the top 10 b-school in India….i’m facing the dilemma whether to opt for this college or not ? i’m also not sure about its placement record ? is it all fake ?
Please do help….
@ Himanshu
Im an Alumni of IIPM and I can tell you that it’s definitely not bad but yes it is expensive. Regarding the placements there were many of the top companies that came on campus for hiring and u can get a job in a good co with a decent package from IIPM if you make the best use of the facilities available there. My experience there has been good and it was worth studying there. If u want more details you can mail me.
hi shree, ths is chetan frm nagpur ,as every body i m also in d dilemma wht shld i do for iipm i got selection letter 2day but still confused abt package in iipm delhi and pune,as a being avg.student i dont xpact more but still as it is matter of money v must have to b littile bit conscious. can u plz let me knw abt d packages which they are offering to student fresher as well as experienced one .
thnk you
chetan chawhan
myself priyanka shrivastava i had started my mba in august only 4m iipm.can u tell me
what u doing rite now. how much package u r having & in which company u r
watz ur mail id bro…
need to talk about IIPM admissions….
chaitanyaprakash1989@gmail.com..
excuse me,, i am a b,tech graduate wanted to do mba,, literrally i need job.. so doing mba i got call from iipm banglre , shall i join ,, is it worthy and is it genuine in placement track please guide me,, here is mail id ples do favour,,
with regards
FMS BHU is missing
I suspect on the validity of this survey.
Its really surprising..
Some colleges that show 100% placement and actually dont have 100% placement.
Its really funny.
First of all, I am happy that my alma mater is in rank 2…
But this study should have taken IIM-B and IIM-C into consideration too…
Although am an XLRI grad, personally I would rate them slightly better.
Also after that should come IIM-L, FMS, MDI, IIM-I, IIM-K, SP Jain, Nitie, Jamnalal Bajaj…n so on..in order…
problem of these rankings is that the surveys methodologies and samples addressed are questionable…
Thanks for the information and the article which you have shared regarding the top b school i really like that effort and with details of the college.
Thank you this is great info. Infact a great attempt to show the top Business Schools. Really appreciated..
Ya some of the colleges provide good placements……
Well, what about Symbiosis Group of Institutes, Pune? A couple of them – SIBM, SCMHRD are definitely better than a host of colleges mentioned in the list here! Pune University – PUMBA, a low profile but fundamentally good institution also doesn’t find a mention in the rankings
Alliance University was established under the aegis of Alliance Business School,
by an Act of the Legislature of Karnataka State, India, and is approved and recognized by the University Grants Commission (UGC).
The School of Business of Alliance University has been ranked consistently among the top B-schools and the first Indian B-school to be accredited by the International Assembly for Collegiate Business Education (IACBE), USA, — a premier international accreditation body for business management programs.
Alliance University has magnificent infrastructure, comparable to the best in the world, equipped with a state-of-the-art learning center, an excellent library, and campus-wide Wi-Fi connectivity. In addition, the campus provides an excellent quality of life for all its residents, which includes halls of residence, activity center, and a food court built to the highest standards of hygiene.
The School of Business extends an immersive learning experience through its international student exchange programs, which facilitate acculturation among its students. The School of Business has an active and wide ranging international student exchange programs with a number of accredited universities and business schools across the world. While some are specific agreements in terms of allowing students to complete an internship or a semester and transfer the credits earned, others are generic – allowing for student and faculty exchanges, collaborative research and exchange of curriculum.
The School of Business of Alliance University offers:
a. Master of Business Administration (MBA) program is crafted with utmost care and with a blended input from both academics and practitioners; the curriculum of the program is rigorous, contemporary, and forward-looking. The program is designed to equip its graduates with the skills, abilities, and knowledge that will enable them to take up positions of higher responsibility in the corporate world anywhere, or to become entrepreneurs.
b. Executive Post Graduate Diploma in Management (Executive PGDM) is for working professionals who may not be able to pursue a full-time program in management. Designed on a flexible platform of mixed mode delivery that combines the benefits of classroom interaction with the reach of technology, the part-time program affords an opportunity for working professionals to upgrade their skills and climb up the corporate ladder.
The School of Business enjoys a high level of recruiter satisfaction from a variety of recruiting partners across many sectors. Top brands and companies consistently recruit from the institute and even visit the School of Business multiple times annually in search of exceptional talent among its graduates.
Affiliation: Alliance University
Contact No.: 080 – 26681444, 26684372
Email: enquiry@alliance.edu.in, epgp@alliance.edu.in
Website: http://www.absindia.org
City Campus: 2nd Cross, 36th, Main Dollars Colony BTM 1st Stage, Bangalore – 560 068
Central Campus: Chikkahagade Cross, Chandapura – Anekal Main Road, Anekal, Bangalore – 562 106
India is a knowledgeable country which full of Top student and everywhere also is from University student.
FOSTIIMA Business School
How come this college ??
Where is IIPM in this list ?
Auroras Business School, popularly known as ABS Hyderabad, is a top-notch Business school in Hyderabad, Andhra Pradesh. ABS has a record of nurturing globally responsible citizens who venture into the world with confidence and a world class degree.
Survey is not proper!
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GITAM School of International Business Average is 4.5 Lakh p.a.
Please correct it.
I got admission in IPE-hydbd on PGDM-IB .Is tat a good college and wat are the chances of PGDM-IB? pls help me…..