Top Non-IIM B-Schools You Should not Ignore

CL Team October 05 2025
1 min read

1. XLRI Jamshedpur

Flagship Program: PGDM in Business Management and Human Resource Management
Exam Accepted: XAT
Why Consider It: XLRI is one of India’s oldest and most prestigious B-schools, known globally for its HR program. Its legacy, alumni network, and corporate ties make it a dream destination for many.


2. FMS Delhi (Faculty of Management Studies)

Exam Accepted: CAT
Why Consider It: Often called the “IIM of Delhi University,” FMS offers an incredible ROI — top-tier placements with one of the lowest fees among elite B-schools.


3. SPJIMR Mumbai

Exam Accepted: CAT, GMAT
Why Consider It: Known for its innovative pedagogy and value-based leadership model, SPJIMR focuses on practical learning and offers early specialization through its “non-classroom” initiatives.


4. MDI Gurgaon

Exam Accepted: CAT
Why Consider It: A corporate favorite due to its proximity to India’s business hub, MDI offers strong placement records and a global curriculum. It’s consistently ranked among the top 10 in India.


5. NMIMS Mumbai

Exam Accepted: NMAT
Why Consider It: NMIMS provides a vibrant campus life, industry-focused programs, and excellent exposure in sectors like finance, marketing, and analytics.


6. SIBM Pune (Symbiosis Institute of Business Management)

Exam Accepted: SNAP
Why Consider It: Backed by Symbiosis International University, SIBM Pune offers great placements, strong alumni support, and a reputation for grooming future leaders.


7. TISS Mumbai (Tata Institute of Social Sciences)

Exam Accepted: CAT
Why Consider It: Especially known for its HRM & LR program, TISS is the ideal choice for students who value social impact, ethical leadership, and academic depth.


8. IMT Ghaziabad

Exam Accepted: CAT, XAT, GMAT
Why Consider It: IMT is known for its marketing program and strong industry linkages, especially with FMCG and consulting firms.


9. IIFT Delhi / Kolkata

Exam Accepted: IIFT Exam
Why Consider It: For those inclined toward international business, IIFT’s curriculum, exchange programs, and placements make it the go-to institute in this domain.


10. Great Lakes Institute of Management, Chennai

Exam Accepted: CAT, XAT, GMAT
Why Consider It: Founded by Dr. Bala Balachandran, Great Lakes offers a fast-paced PGPM program and has carved its niche in analytics and technology-driven management.


Final Thoughts

While IIMs carry unmatched prestige, these non-IIM B-schools offer world-class education, outstanding placement records, and strong alumni networks — often at lower costs and with unique academic models.

If your goal is quality learning, industry exposure, and career transformation, these institutes deserve a serious spot on your target list.