The Indian Institutional Ranking Framework (IIRF) has released the 2024 rankings for business schools. Maction Consulting, under the Federation for World Academics (FWA), evaluated over 300 management institutions, ranking 50 government and 160 private ones.
The rankings include six categories: Overall Ranking of Government and Private Institutions, Top 50 Business Schools Under University Programme, Top 50 Business Schools for Research, Top 50 Schools of Eminence for Employability, and Top 20 Emerging Business Schools.
The evaluation criteria comprise Placement Performance, Teaching Learning Resources and Pedagogy, Research, Industry Income and Integration, Placement Strategy & Support, Future Orientation, and External Perception and International Outlook (EPIO). These rankings are valuable for those considering an MBA.
Here's an overview of the top 10 government B-Schools in the overall ranking:
Indian Institute of Management, Ahmedabad- National Rank: 1
- Placement Performance: 139.28
- Research: 124.28
- Placement Strategy & Support: 134.42
- National Rank: 2
- Placement Performance: 138.42
- Research: 126.85
- Placement Strategy & Support: 132.85
- National Rank: 3
- Placement Performance: 138.71
- Research: 122.85
- Placement Strategy & Support: 133.28
- National Rank: 4
- Placement Performance: 138.42
- Research: 121.14
- Placement Strategy & Support: 131.42
- National Rank: 5
- Placement Performance: 137.85
- Research: 123.42
- Placement Strategy & Support: 132.99
- National Rank: 6
- Placement Performance: 135.85
- Research: 122.85
- Placement Strategy & Support: 132.42
- National Rank: 7
- Placement Performance: 135.42
- Research: 124.28
- Placement Strategy & Support: 128.71
- National Rank: 8
- Placement Performance: 132.28
- Research: 123.71
- Placement Strategy & Support: 136.56
- National Rank: 9
- Placement Performance: 130.56
- Research: 120.57
- Placement Strategy & Support: 137.14
Shailesh J Mehta School of Management, IIT Bombay
National Rank: 10
Placement Performance: 130.14
Research: 122.42
Placement Strategy & Support: 135.71
IIRF MBA Ranking includes 44 top government colleges and 135 private colleges in India.
Check complete list here
India boasts more than 2,900 private MBA schools. The majority of these private institutions accept national-level entrance exams such as CAT, GMAT, among others, while some administer their own entry tests.
For those aspiring to secure a spot in premier government B-Schools, such institutions are globally acclaimed for their exceptional academic performance.
Usually, CAT scores suffice for admission into these esteemed colleges, which continuously endeavor to provide top-notch education to their students.
Among the coveted institutions for pursuing a management master's degree is the Indian Institute of Management (IIM).
Comprising 20 institutions, the IIMs are renowned for their management education, with notable ones including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, and IIM Lucknow.