It is important to find the right B-School among the most aspired and reputed. One that offers an excellent track record, high quality education, and a pick at one of the best corporates.
To simplify your B-School selection process we have categorized India's top B-Schools into six clusters. The rundown of B-Schools in India can go on forever, be that as it may, we have attempted to constrain the categorization to the better and progressively known B-Schools.
As you proceed in the list from top to bottom, the level of differentiation between both the schools and the clusters significantly diminishes. When reviewing B-schools within a cluster, the preference generally diminishes as you read further from top to bottom. For example, in Cluster 1, while we cannot really differentiate between IIM A, B and C. IIM A tops the list based on its brand value and reputation and C comes in second place since its fees is the lowest amongst the three.
Before taking final admission into any of these B-schools, please ensure that you speak to some students of the current batch and a few of their alumni, and visit the official website of the respective institutes for detailed information.
Ranking methodology - The parameters basis which B-schools are evaluated and numerically ranked are as follows:
| Top MBA Colleges: Cluster 1 | ||
| Undoubtedly, like every year IIM Ahmedabad, Calcutta and Bengaluru acquire the top three positions in best B- schools’ rankings respectively. With the best placement records, great reputation and endless opportunities these institutes stand as creme de la creme institutes. FMS Delhi, IIM Lucknow and XLRI are all equally good and one can choose either of these based on one’s specific requirements. If you are a candidate with over 3 years of work experience then you should be looking at ISB Hyderabad which offers a one-year course and accepts GMAT scores for admission. FMS, TISS and JBIMS stand out in terms of excellent Return on Investment (ROI) due to their very low fee and excellent placements. |
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| 1. Indian Institute of Management (IIM-A) | Ahmedabad | PGP |
| 2. Indian Institute of Management (IIM-C) | Kolkata | PGDM |
| 3. Indian Institute of Management (IIM-B) | Bengaluru | PGP |
| 4. Faculty of Management Studies (FMS) - Delhi University | New Delhi | MBA |
| 5. Indian School of Business (ISB) | Hyderabad | PGP |
| 6. Xavier Labour Research Institute (XLRI) | Jamshedpur | HRM |
| 7. Indian Institute of Management (IIM-L) | Lucknow | PGPM |
| 8. Xavier Labour Research Institute (XLRI) | Jamshedpur | BM |
| 9. Jamnalal Bajaj Institute of Management Studies (JBIMS) | Mumbai | MMS |
| 10. Management Development Institute (MDI) | Gurgaon | PGPM |
| 11. SP Jain Institute of Management & Research (SPJIMR) | Mumbai | PGDM |
| 12. Tata Institute of Social Sciences (TISS) | Mumbai | MA HRM LR |
| Top MBA Colleges: Cluster 2 | ||
| Many other IIMs and non-IIM colleges are part of cluster 2. This cluster shows that some non-IIM institutes make their mark as better B-schools than most of the IIM colleges in terms of growth, learning and placements. IIFT Kolkata is also listed in cluster 2 along with IIFT Delhi because that they have common placements and hence there is no disparity among the two institutes. IIM-L ABM is preferred over IIM-A FABM because while IIM-L does not differentiate between ABM and PGP in terms of placement opportunities, IIMA has a separate placement process for PGP and FABM. Most interesting is National Institute of Industrial Engineering (NITIE) renowned for its operations courses making its way in cluster 2. * same ranking for the two institutes because of the common placements and almost the same set of faculty teaching at both campuses. |
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| 13. Indian Institute of Management (IIM-K) | Kozhikode | PGP |
| 14. Indian Institute of Management (IIM-I) | Indore | PGPM |
| 15*. Indian Institute of Foreign Trade (IIFT) | New Delhi | MBA |
| 15*. Indian Institute of Foreign Trade (IIFT) | Kolkata | MBA |
| 16. Indian Institute of Management (IIM-L) | Lucknow | ABM |
| 17. Indian Institute of Management Shillong | Shillong | PGPM |
| 18. Indian Institute of Technology Bombay - SJSOM | Mumbai | M. MANAGEMENT |
| 19. Indian Institute of Management (IIM-A) | Ahmedabad | FABM |
| 20. National Institute of Industrial Engineering (NITIE) | Mumbai | PGDIM |
| 21. Indian Institute of Technology Delhi - DMS | New Delhi | MBA |
| Top MBA Colleges: Cluster 3 | ||
| The new IIMs feature in this cluster.IIM Ranchi is seen to be gearing up as the HRM program by IIM Ranchi has been appreciated by the industry. IIM Udaipur has done exceedingly well in the last one year in building its reputation as a good B-school among the new IIMs. Its AACSB accreditation will helps its cause. B-schools such as MICA and IRMA that offer specialized programs also find their spot in this cluster. It must be understood that in their specialization, these two B-schools are the best in the country. For example, MICA is regarded as one of the top most B-schools in the country for its Marketing and Advertising program. NMIMS should be looked up for finance while SIBM for marketing and HR. For candidates with over 2 years of work experience Great Lakes Chennai 1 year program (PGPM) can be considered over others as it has excellent industry recognition, but it is not approved by AICTE as PGDM hence those looking for further studies or Government/PSU jobs should also enroll for distance learning MBA from IGNOU or Annamalai University else they would be considered as “graduates” and not “post graduates” in India. In this cluster the IITs can be preferred over the others due to their low fee and good placements. *same ranking for the three institutes as the placements are at par and all three have similar location benefits and are at parity with each other. |
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| 22. Indian Institute of Management Ranchi | Ranchi | PGDM |
| 23. Indian Institute of Management Udaipur | Udaipur | PGP |
| 24. Indian Institute of Management Trichy | Trichy | PGPM |
| 25*. Symbiosis Institute of Business Management (SIBM) | Pune | MBA |
| 25*. Symbiosis Centre for Management and HRD (SCMHRD) | Pune | MBA |
| 25*. NarseeMonjee Institute of Management Studies (NMIMS) | Mumbai | Core |
| 26. Management Development Institute (MDI) | Gurgaon | PGPM HRM |
| 27. Indian Institute of Management Raipur | Raipur | PGP |
| 28. Indian Institute of Management Rohtak | Rohtak | PGP |
| 29. Indian Institute of Management Kashipur | Kashipur | PGP |
| 30. Mudra Institute of Communications Ahmedabad (MICA) | Ahmedabad | PGDM-C |
| 31. Xavier Labour Research Institute (XLRI) | Jamshedpur | Global MBA |
| 32. Institute of Management Technology (IMT) | Ghaziabad | PGDM |
| 33. Indian Institute of Management Ranchi | Ranchi | PGDHRM |
| 34. International Management Institute (IMI) | Delhi | PGDM |
| 35. Indian Institute of Technology Kharagpur - VGSOM | Kharagpur | MBA |
| 36.Institute of Rural Management (IRMA) | Anand (Gujarat) | PGPRM |
| 37. Great Lakes Institute of Management (GLIM) | Chennai | PGPM |
| 38. Xavier Institute of Management (XIMB) | Bhubaneshwar | MBA BM |
| 39. Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) | Mumbai | PGDBM |
| 40. Management Development Institute (MDI) | Gurgaon | PGPM IM |
| 41. Indian Institute of Technology Madras - DMS | Chennai | MBA |
| Top MBA Colleges: Cluster 4 | ||
| The highlights of this cluster are B-schools like IMI Delhi, XIMB, KJ Somaiya, TAPMI which are ranked on the basis of quality opportunities and location. These colleges are equally good based on their past records.In terms of ROI the best institutes in this cluster are MFC, DU and MSc Finance JBIMS followed by NITIE and the IITs. | ||
| 42. T A Pai Management Institute (TAPMI) | Manipal | PGDM |
| 43. Indian Institute of Management (IIM-V) | Visakhapatnam | PGP |
| 44.Indian Institute of Management (IIM-N) | Nagpur | PGP |
| 45.Indian Institute of Management (IIM-Amritsar) | Amritsar | PGP |
| 46. Indian Institute of Technology Kanpur - DMS | Kanpur | MBA |
| 47. Masters in International Business (MIB) Delhi School of Economics DU | Delhi | MIB |
| 48. Master of Human Resource and Organisational Development (MHROD) Delhi School of Economics DU | Delhi | MHROD |
| 49. Master of Finance & Control (MFC), DU | Delhi | MBA Fin |
| 50. Jamnalal Bajaj Institute of Management Studies | Mumbai | MSc Finance |
| 51.Indian Institute of Management (IIM-S) | Sirmaur | PGP |
| 52.Indian Institute of Management (IIM-J) | Jammu | PGP |
| 53. National Institute of Industrial Engineering (NITIE) | Mumbai | PGDISEM |
| 54. Indian Institute of Science (IISc) | Bengaluru | M.Mmgt (Tech Mgmt& Biz Analytics) |
| 55. Indian Institute of Technology Roorkee - DMS | Roorkee | MBA |
| 56. NarseeMonjee Institute of Management Studies |
Mumbai | MBA HR |
| 57. Xavier Institute of Management (XIMB) | Bhubaneshwar | MBA HRM |
| 58. Indian Institute of Management (IIM-L) | Lucknow (Noida) | SM |
| 59. Symbiosis Institute of International Business (SIIB) | Pune | MBA IB |
| 60. K J Somaiya Institute of Management Studies & Research (SIMSR) | Mumbai | PGDM, IB, FM |
| 61. Goa Institute of Management (GIM) | Goa | PGDM |
| 62. Bharathidasan Institute of Management (BIM) | Tiruchirapally | MBA |
| 63. Master of Business Economics (MBE), Department of Business Economics, DU | Delhi | MBE |
| 64. Loyola Institute of Business Administration (LIBA) | Chennai | PGDM |
| 65. FORE School of Management | New Delhi | PGDM, IB |
| Top MBA Colleges: Cluster 5 | ||
| Apart from the ones mentioned above, even other colleges are not far behind. Many aspirants who are unable to crack CAT with good score can definitely think of taking up any of these colleges. The final choice is made based on preferences and the requirements of the candidate. Also, Bennett & Coleman Group’s Benenett University finds its way in this cluster right in the first year of its inception. This is majorly because for its first batch, Bennett had assured a package of at least 7.5 LPA, for every student, at any of the companies of the Times Group. This kind of a placement guarantee helps it in getting to Cluster 5. |
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| 66. NarseeMonjee Institute of Management Studies (NMIMS) | Bengaluru | PGDM |
| 67. BITS Pilani, Department of Management | Pilani | MBA |
| 68. Delhi School of Management - Delhi Technological University (DTU) | Delhi | MBA |
| 69. Nirma University - Institute of Management (IMNU) | Ahmedabad | MBA |
| 70. Lal Bahadur Shastri Institute of Management (LBS) | Delhi | PGDM, Finance |
| 71. Institute of Financial Management & Research (IFMR) | Chennai | PGDM, PGDM-WE |
| 72. Symbiosis Institute of Business Management (SIBM) | Bengaluru | MBA |
| 73. Symbiosis Institute of Operations Management (SIOM) | NASIK | MBA Ops |
| 74. International Management Institute (IMI) | Delhi | PGDHRM |
| 75. Symbiosis Institute of Telecom Management (SITM) | Pune | MBA |
| 76. Bennett University | Greater Noida | MBA |
| 77. Symbiosis Institute of Management Studies (SIMS) | Pune | MBA |
| 78. Great Lakes Institute of Management (GLIM) | Chennai | PGDM |
| 79. Symbiosis Institute of Mass Communication (SIMC) | Pune | MBA CM |
| 80. ITM | Mumbai | PGDM |
| 81. TAPMI School of Business, Manipal University | Jaipur | MBA |
| 82. UPES | Dehradun | MBA |
| 83. Indian Institute of Forest Management (IIFM) | Bhopal | PGDFM |
| 84. Faculty of Management Studies, Banaras Hindu University (FMS BHU) | Varanasi | MBA MBA IB |
| 85. IFIM Business School | Bengaluru | PGDM |
| 86. Great Lakes Institute of Management (GLIM) | Gurgaon | PGPM 1 year |
| 87. IILM University | Gurgaon | PGDM |
| 88. Vanguard Business School | Bengaluru | MBA |
| 89. University Business School (UBS) | Chandigarh | MBA |
| 90. PUMBA (University of Pune) | Pune | MMS |
| Top MBA Colleges: Cluster 6 | ||
| 91. International Management Institute (IMI) | Kolkata | PGDM |
| 92. Institute of Management Technology (IMT) | Ghaziabad | DCP |
| 93. International Management Institute (IMI) | Delhi | PGDM B&I |
| 94. GD Goenka University | Gurgaon | MBA |
| 95. PanditDeendayal Petroleum University | Gandhinagar | MBA |
| 96. Nirma | Ahmedabad | MBA |
| 97. Woxsen School of Business | Hyderabad | PGDM |
| 98. National Institute of Bank Management | Pune | PGDM B & FS |
| 99. Xavier Institute of Management & Entrepreneurship (XIME) | Bengaluru | PGDM |
| 100. Welingkar Institute of Management | Mumbai | MMS, PGDM |
| 101. Management Development Institute (MDI) | Murshidabad | PGP |
| 102. Institute of Management Technology (IMT) | Hyderabad | PGDM |
| 103. Birla Institute of Management Technology (BIM Tech) | Noida | PGDM/PGDM (International Business) |
| 104. International School of Business & Research | Bangalore | MBA/PGDM |
| 105. SDM Institute for Management Development (SDMIMD) | Mysore | PGDM |
| 106. NarseeMonjee Institute of Management Studies (NMIMS) | Hyderabad | PGDM |
| 107. Institute of Management and Technology IMT - Nagpur | Nagpur | PGDM |
| 108. Symbiosis Institute of Business Management- Hyderabad | Hyderabad | MBA |
| 109. Universal Business School | Karjat | MBA |
| 110. Xavier Institute of Social Service (XISS) | Ranchi | PM |
| 111. Symbiosis Centre for Management and HRD (SCMHRD) | Pune | MBA-IM |
| 112. Symbiosis Institute of International Business (SIIB) | Pune | MBA AB, MBA E&E |
| 113. K.J.Somaiya Institute of Management Studies & Research (SIMSR) | Mumbai | PGDM - Retail Management |
| 114. Shri Ram College of Commerce Global Business Operations (SRCC GBO), DU | Delhi | GBO |
| 115. Great Lakes Institute of Management (GLIM) | Gurgaon | PGPME |
| 116. BML Munjal University | Gurgaon | MBA |
| 117. Symbiosis Institute of Computer Studies and Research (SICSR) | Pune | MBA-IT |
| 118.Symbiosis Center for Information Technology | Pune | MBA-ITBM |
| 119. ICFAI Business School | Hyderabad | MBA/PGPM |
| 120. Xavier Institute of Management (XIMB) | Bhubaneswar | MBA - Rural Management |
| 121. Xavier Institute of Social Service (XISS) | Ranchi | Marketing & Finance |
| 122.Kirloskar Institute of Advanced Management Studies | Harihar and Pune | PGDM |
| 123. Xavier Institute of Management & Entrepreneurship (XIME) | Kochi | PGDM |
| 124.Symbiosis Institute of Health Services (SIHS) | Pune | MBA |
| 125.Symbiosis Institute of Banking and Finance (SSBF) | Pune | MBA BF, PGDBF |
| 126. National Insurance Academy | Pune | PGDM |
| 127. National Power Training Institute | Faridabad | MBA (Power Management) |
| 128. Presidency University | Bangalore | MBA |
| 129. Chetana’s Ram Prasad Khandelwal Institute of Management & Research | Mumbai | MMS, MFM,MMM |
| 130. Fortune Institute of International Business (FIIB) | Delhi | PGDM |
| 131. KIAMS | Pune | PGDM |
| 132. Ramaiah Institute of Management Studies | Bengaluru | PGDM |
| 133. ISME | Bangalore | PGDM |
| 134. Indus Business Academy (IBA) | Bangalore | MBA |
| 135. Siva Sivani | Hyderabad | PGDM |
| 136. IPE Hyderabad | Hyderabad | PGDM |
| 137. Jagran Lakecity University | Bhopal | MBA |
| 138. GIBS | Bangalore | MBA |
| 139. DMI | Patna | PGDM |
| 140. EMPI | Delhi | PGDM |
| 141. CBS | Kolkata | PGDM |
| 142. LPU | Chandigarh | MBA |
| 143. World University of Design | Haryana | MBA in Design Strategy and Management |
| 144. Glocal | Saharanpur | MBA |
| 145. Doon Business School | Dehradun | MBA |
| 146. Quantum | Dehradun | MBA |
| 147. Galgotia University | Greater Noida | MBA |
| 148. Shiv Nadar University | Greater Noida | MBA |
| 149. Indian Institute of Social Welfare and Business Management (IISWBM) | Kolkata | MBA |
| 150. Xavier Institute of Management & Research | Mumbai | PGDM |
| 151. Institute of Management Studies | Noida | PGDM |
| 152. Amity University | Noida | MBA |
| 153. Lloyd Institute of Management Studies | Greater Noida | MBA |
| 154. PES University | Bengaluru | MBA |
| 155. Alliance school of business | Bengaluru | MBA |
| 156. Indira School of Business Studies | Pune | MBA, PGDM |
| 157. Christ University | Bengaluru | MBA |
| 158. Accurate Institute of Management and Technology | Greater Noida | MBA, PGDM |
| 159. RayatBahra Institute of Management | Mohali | MBA |
| 160. New Delhi Institute of Management (NDIM) | New Delhi | PGDM |
| 161. Asian Business School | Noida | MBA/PGDM |
| 162. Asia Pacific Business School | New Delhi | MBA/PGDM |
| 163. Jindal Global University | Sonipat | MBA |
| 164. University of Petroleum & Energy Studies | Dehradun | MBA |
| 165. Ansal University | Gurgaon | MBA |
| 166. Manav Rachna University | Faridabad | MBA |
| 167. Delhi School of Business | New Delhi | PGDM |
| 168. TAPMI SOB | Jaipur | MBA |
| 169. North Cap University | Gurgaon | MBA |
| 170. ApeejayStya | Gurgaon | MBA |
| 171. NL Dalmia Institute of Management Studies and Research | Mumbai | PGDM |
| 172. Sri Balaji Society | Pune | PGDM |
| 173. FLAME University | Pune | MBA |
| 174. SIES | Mumbai | PGDM |
| 175. NIA SOM | Pune | PGDM (Insurance) |
| 176. Amrita Vishwa Vidyapeetham | Coimbatore | MBA |
| 177. BIMM | Pune | PGDM |
| 178. Army Institute of Management | Kolkata | MBA |