This article lists the top Business Schools in India. MBA or a Degree from Business Schools has become one of the most popular degrees on offer in India and there are countless Business schools spread across the country that offer the Masters in Business Administration (MBA) degree in various formats.

In such a scenario, it becomes important to have a definitive and impartial ranking of all the business schools in India. This would prove helpful for students while choosing the best suited MBA institute for them.

Top Business Schools In India

Top Business Schools In India

The National Institutional Ranking framework (NIRF) has released India Rankings 2017 which is approved by the Indian government. The management rankings lists thetop 50 MBA colleges in India.

Rank Institute Name City State Score Median Salary of Placed Graduates
1 Indian Institute of Management Ahmedabad Ahmedabad Gujarat 78.96 21,13,516
2 Indian Institute of Management Bangalore Bengaluru Karnataka 78.82 20,00,000
3 Indian Institute of Management Calcutta Kolkata West Bengal 76.6 39,99,826
4 Indian Institute of Management Lucknow Lucknow Uttar Pradesh 71.58 18,45,000
5 Indian Institute of Management Kozhikode Kozhikode Kerala 65.41 15,50,000
6 Indian Institute of Technology Delhi New Delhi Delhi 64.51 14,19,000
7 Indian Institute of Technology Kharagpur Kharagpur West Bengal 63.12 11,83,000
8 Indian Institute of Technology Roorkee Roorkee Uttarakhand 62.46 9,00,000
9 Xavier Labour Relations Institute (XLRI) Jamshedpur Jharkhand 61.08 18,00,000
10 Indian Institute of Management Indore Indore Madhya Pradesh 59.59 14,50,000
11 Indian Institute of Technology Kanpur Kanpur Uttar Pradesh 57.19 12,70,000
12 National Institute of Industrial Engineering, Mumbai Mumbai Maharashtra 55.74 15,10,000
13 Indian Institute of Management Tiruchirappalli Tiruchirappalli Tamil Nadu 55.46 13,01,000
14 Indian Institute of Management Raipur Raipur Chhattisgarh 54.8 13,50,000
15 Indian Institute of Management Udaipur Udaipur Rajasthan 53.77 11,92,804
16 Management Development Institute Gurgaon Haryana 53.12 17,00,000
17 Vellore Institute of Technology Vellore Tamil Nadu 51.83 4,35,000
18 S. P. Jain Institute of Management & Research Mumbai Maharashtra 51.42 17,40,000
19 Indian Institute of Management Rohtak Rohtak Haryana 51.16 12,00,000
20 Indian Institute of Management Kashipur Kashipur Uttarakhand 51.07 12,64,000
21 Rajiv Gandhi Indian Institute of Management Shillong Meghalaya 50.44 14,00,000
22 Kalinga Institute of Industrial Technology Bhubneshwar Odisha 50.43 4,50,000
23 Anna University Chennai Tamil Nadu 49.81 4,80,000
24 Institute of Management Technology, Ghaziabad Ghaziabad Uttar Pradesh 48.77 9,78,000
25 Indian Institute of Management Ranchi Ranchi Jharkhand 48.7 13,00,000
26 PSG College of Technology Coimbatore Tamil Nadu 48.32 5,20,000
27 International Management Institute New Delhi Delhi 48.23 8,75,000
28 Banaras Hindu University Varanasi Uttar Pradesh 47.96 7,01,000
29 Institute of Rural Management Anand Anand Gujarat 47.83 8,40,000
30 Indian Institute of Foreign Trade New Delhi Delhi 46.79 14,75,000
31 Nirma University Ahmedabad Gujarat 45.81 7,00,000
32 Indian Institute of Forest Management Bhopal Madhya Pradesh 44.96 5,30,000
33 Xavier University Bhuabaneswar Odisha 44.85 12,00,000
34 Narsee Monjee Institute of Management Studies -Mumbai Mumbai Maharashtra 44.81 10,05,000
35 Guru Gobind Singh Indraprastha University Dwarka Delhi 44.51 4,20,000
35 Fore School of Management New Delhi Delhi 44.51 9,00,000
37 Goa Institute of Management Poriem, Sattari Goa 44.06 8,50,000
38 Institute for Financial Management and Research Satyavedu Andhra Pradesh 43.6 7,50,000
39 Tezpur University Tezpur Assam 43.29 4,00,000
40 Bharati Vidyapeeth?s Institute of Management and Entrepreneurship Development Pune Maharashtra 42.85 5,00,000
41 K.J. Somaiya Institute of Management Studies & Reserach Mumbai Maharashtra 42.17 8,00,000
42 Sri Krishna College of Engineering and Technology Coimbatore Tamil Nadu 42.08 2,67,000
43 Jaipuria Institute of Management, Noida Noida Uttar Pradesh 41.92 4,45,000
44 Shanmugha Arts Science Technology & Research Academy (SASTRA) Thanjavur Tamil Nadu 41.9 3,25,000
45 Birla Institute of Management Technology Greater Noida Uttar Pradesh 41.76 6,00,000
46 Prin. L.N. Welingkar Institute of Management Development & Research Mumbai Maharashtra 41.27 7,00,000
47 MIT School of Telecom Management Pune Maharashtra 40.94 4,50,000
48 Atal Bihari Vajpayee Indian Institute of Information Technology and Management Gwalior Madhya Pradesh 40.51 4,50,000
49 International Management Institute, Kolkata Kolkata West Bengal 40.4 7,34,000
50 Xavier Institute of Management & Entrepreneurship Bengaluru Karnataka 40.07 6,55,000

The above is only the list of MBA or Business Schools ranked on the salary scale. It is always a good idea to apply to as many institutes as possible, based on one’s budget, to maximise one’s chances as one is never sure about the criteria each institute would follow for admissions.

Key points to note when applying for Business Schools

  1. As one moves into the BBB+ towards the B and other categories, one has to pay increasing attention to the RoI factor – a combination of the fee and placement statistics.
  2. A b-school that may appeal to an aspirant may not appeal to another. This is because of differences in aspirations, abilities, financial conditions, etc.
  3. Do not go only by the Salary data and generally be wary of the attractive claims made by the b-schools.

If you wish to choose between schools within a category, you are advised to find more information about the specific schools.