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 As the list has been outdated now, I thought it would be a good time to publish the Top B-School & Professional Colleges in India for 2009.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.
Reference: C Fore, WSJ