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How to Choose the Right MBA College in India: A Guide to NIRF Rankings

By universitykart team , Posted on Jul 01, 2024
How to Choose the Right MBA College in India:

National Institutional Ranking Framework (NIRF), was introduced by the MHRD (Ministry of Human Resource Development) and launched on September 29, 2015, used to rank institutions in India. The methodology for ranking is based on recommendations from a Core Committee established by the MHRD which determines the general parameters for rating various universities and institutes. Some of the key areas covered by NIRF include Teaching, Learning, and Resources, Research and Professional Practices, Graduation Outcomes, Outreach and Inclusivity, and Perception.

List of MBA Institutes in India based on NIRF 2023

The table below presents the list of top MBA colleges according to NIRF 2023, by state, along with their scores and rankings.

List of MBA Institutes in India based on NIRF 2024

Institute

City

Score

Ranking

Aligarh Muslim University

Aligarh

51.18

55

Alliance University

Bengaluru

45.55

87

Amity University Haryana, Gurgaon

Gurugram

46.07

81

Amrita Vishwa Vidyapeetham

Coimbatore

57.02

30

Atal Bihari Vajpayee Indian Institute of Information and Management

Gwalior

49.13

68

BML Munjal University

Gurgaon

48.27

72

Babasaheb Bhimrao Ambedkar University

Lucknow

46.61

78

Banaras Hindu University

Varanasi

51.07

56

Bharathidasan Institute of Management

Tiruchirappalli

45.59

86

Birla Institute of Management Technology

Greater Noida

51.74

48

Birla Institute of Technology

Ranchi

46.96

77

Chandigarh University

Mohali

55.98

36

Christ University

Bengaluru

50.69

60

Chitkara University

Rajpura

49.80

64

Fore School of Management

New Delhi

49.85

63

Galgotias University

Gautam Budh Nagar

44.30

91

Goa Institute of Management

Sanquelim

56.28

33

Graphic Era University

Dehradun

49.77

65

Great Lakes Institute of Management, Gurgaon

Gurgaon

49.95

62

Great Lakes Institute of Management

Chennai

56.62

31

Guru Gobind Singh Indraprastha University

New Delhi

49.71

66

Guru Jambheshwar University of Science and Technology

Hisar

42.13

100

ICFAI Foundation for Higher Education, Hyderabad

Hyderabad

54.29

40

IIM Ahmedabad

Ahmedabad

83.20

1

IIM Amritsar

Amritsar

51.30

51

IIM Bangalore

Bengaluru

80.89

2

IIM Bodh Gaya

Gaya

51.28

53

IIM Calcutta

Kolkata

75.53

4

IIM Indore

Indore

71.95

8

IIM Jammu

Jammu

54.17

41

IIM Kashipur

Kashipur

61.07

19

IIM Kozhikode

Kozhikode

76.48

3

IIM Lucknow

Lucknow

74.11

6

IIM Nagpur

Nagpur

53.41

43

IIM Raipur

Raipur

66.18

11

IIM Ranchi

Ranchi

59.99

24

IIM Rohtak

Rohtak

65.88

12

IIM Sambalpur

Sambalpur

50.90

58

IIM Shillong

Shillong

59.12

26

NIRF MBA Ranking 2023 Vs Past Rankings: Top 20 B-schools

B-school

Ranking Gain/Loss from last year

NIRF Ranking 2022

NIRF Ranking 2021

NIRF Ranking 2020

Indian Institute of Management Ahmedabad 

0

1

1

1

Indian Institute of Management Bangalore

0

2

2

2

Indian Institute of Management Kozhikode 

2

5

4

6

Indian Institute of Management Calcutta

-1

3

3

3

Indian Institute of Technology, Delhi

-1

4

5

8

Indian Institute of Management Lucknow

0

6

7

4

National Institute of Industrial Engineering, Mumbai

2

9

12

12

Indian Institute of Management Indore

-1

7

6

7

Xavier Labour Relations Institute (XLRI)

-1

8

8

9

Indian Institute of Technology, Bombay

1

11

10

11

Indian Institute of Management Raipur 

3

14

15

19

Indian Institute of Management Rohtak

4

16

28

21

Management Development Institute, Gurugram

0

13

11

10

Indian Institute of Technology, Kharagpur 

-2

12

9

5

Indian Institute of Technology Madras

-5

10

13

14

Indian Institute of Management Udaipur

6

22

18

17

Symbiosis Institute of Business Management

0

17

20

22

Indian Institute of Technology, Roorkee

1

19

14

12

Indian Institute of Management Kashipur

4

23

33

33

S.P. Jain Institute of Management & Research

1

21

19

18

Top 10 MBA Institutes in India 2023

NIRF ranks colleges annually to guide students in choosing their MBA institution. The following table presents the top 10 MBA colleges, along with their global rankings.

 Top 10 MBA Institutes in India 2024

Institute

NIRF Ranking 2023

Global Ranking

IIM Ahmedabad

1

41

IIM Bangalore

2

47

IIM Calcutta

4

67

IIM Indore

8

IIM Kozhikode

3

IIM Lucknow

6

85

IIM Mumbai (formerly known as NITIE)

7

IIT Delhi

5

IIT Bombay

10

XLRI-Xavier School of Management

9

99

IIMs in NIRF Management Ranking 2023

All the IIMs have been ranked among the top B-schools in NIRF Ranking 2023.

B-school

Ranking Gain/Loss from last year

NIRF Ranking 2022

Indian Institute of Management Ahmedabad

0

1

Indian Institute of Management Bangalore

0

2

Indian Institute of Management Kozhikode

2

5

Indian Institute of Management Calcutta

-1

3

Indian Institute of Management Lucknow

0

6

Indian Institute of Management Indore

-1

7

Indian Institute of Management Raipur

3

14

Indian Institute of Management Rohtak

4

16

Indian Institute of Management Udaipur

6

22

Indian Institute of Management Kashipur

4

23

Indian Institute of Management Tiruchirappalli

-4

18

Indian Institute of Management Ranchi

-9

15

Indian Institute of Management Shillong

0

26

Indian Institute of Management Visakhapatnam

4

33

Indian Institute of Management Jammu (IIMJ)

-5

36

Indian Institute of Management Nagpur

0

43

Indian Institute of Management, Amritsar

4

55

Indian Institute of Management Bodh Gaya

20

73

Indian Institute of Management Sambalpur

8

66

Indian Institute of Management, Sirmaur

-29

69

Top 10 MBA Institutes in India based on NIRF Placements-wise

The table presents various MBA colleges and their respective placement packages:

Institute

Placement Packages

Indian Institute of Management Ahmedabad

INR 30 lakh

Indian Institute of Management Bangalore

INR 32 lakh

Indian Institute of Management Calcutta

INR 20 lakhs

Indian Institute of Management Kozhikode

INR 25 lakhs

Indian Institute of Technology Delhi

INR 25 lakh

PGDM B-Schools in NIRF Ranking 2023

B School

Ranking Gain loss Last Year

NIRF Ranking

National Institute of Industrial Engineering, Mumbai

4

58

XLRI-Xavier School of Management

-10

52

Management Development Institute, Gurugram

-3

60

S.P. Jain Institute of Management & Research, Mumbai

3

70

Great Lakes Institute of Management, Chennai

NA

NA

Goa Institute of Management

-5

68

International Management Institute New Delhi

NA

NA

MICA, Ahmedabad

1

81

Institute of Management Technology, Ghaziabad

-9

74

T. A. Pai Management Institute Manipal

-9

75

Jaipuria Institute of Management Noida

-6

82

Birla Institute of Management Technology, Greater Noida

-26

63

Institute of Rural Management Anand

6

96

Great Lakes Institute of Management,Gurgaon

-14

78

Fore School of Management, New Delhi

NA

NA

International Management Institute Bhubaneswar

NA

NA

IITs in NIRF Ranking 2023 for Management

The management departments of all IITs details are as under:

B-school

Ranking Gain/Loss from last year

NIRF Ranking 2022

Indian Institute of Technology Delhi

-1

4

Indian Institute of Technology Bombay

1

11

Indian Institute of Technology Kharagpur

-2

12

Indian Institute of Technology Madras

-5

10

Indian Institute of Technology Roorkee

1

19

Indian Institute of Technology Kanpur

-3

20

Indian Institute of Technology (Indian School of Mines), Dhanbad

2

46

Top University B-Schools as per NIRF Management Rankings 2023

Top universities whether Government, Autonomous or Private. A list of such top universities is shared below with their ranking position.

B-school

Ranking Gain/Loss from last year

NIRF Ranking 2022

Symbiosis Institute of Business Management

0

17

SVKM`s Narsee Monjee Institute of Management Studies, Mumbai

4

25

Jamia Millia Islamia,New Delhi

4

29

Indian Institute of Foreign Trade, New Delhi

-3

24

Amity University, Gautam Budh Nagar

0

28

Amrita Vishwa Vidyapeetham, Coimbatore

-3

27

Lovely Professional University, Phagwara

2

34

National Institute of Technology Tiruchirappalli

4

39

Chandigarh University

4

40

University of Petroleum and Energy Studies - UPES, Dehradun

2

41

ICFAI Foundation for Higher Education, Hyderabad

-8

32

K J Somaiya Institute of Management Studies and Research, Mumbai

26

71

XIM University, Bhubaneswar

-11

35

Anna University, Chennai

0

49

Thapar Institute of Engineering and Technology (Deemed-to-be-university)

4

53

Koneru Lakshmaiah Education Foundation University (K L College of Engineering)

-5

47

Aligarh Muslim University

2

57

Banaras Hindu University

-6

50

Siksha `O` Anusandhan, Bhubaneswar

NA

NA

Kalinga Institute of Industrial Technology, Bhubaneswar

-11

48

Christ University, Bengaluru

12

72

Nirma University, Ahmedabad

-16

45

Chitkara University, Rajpura

16

80

Graphic Era University, Dehradun

0

65

Guru Gobind Singh Indraprastha University, New Delhi

-4

62

Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior

-4

64

Malaviya National Institute of Technology, Jaipur

NA

NA

Saveetha Institute of Medical and Technical Sciences, Chennai

6

77

BML Munjal University, Gurgaon

-18

54

Krea University, Sri City, Chittoor

-14

60

National Institute of Technology Calicut

9

84

Birla Institute of Technology, Ranchi

1

78

Babasheb Bhimrao Ambedkar University, Lucknow

9

87

Manipal University, Jaipur

6

85

Amity University Haryana, Gurgaon

11

92

Panjab University, Chandigarh

-15

67

Jain university, Bangalore

11

96

Bharathidasan Institute of Management, Tiruchirappalli

-3

83

Alliance University, Bengaluru

11

98

Galgotias University, Gautam Budh Nagar

2

93

Tezpur University

NA

NA

Pandit Deendayal Energy University, Gandhinagar

-5

89

Visvesvaraya Technological University, Belgaum

-19

76

Jamia Hamdard, New Delhi

4

100

Guru Jambheshwar University of Science and Technology, Hisar

NA

NA

NIRF Management Rankings 2023: Comparison with Top Global and National Rankings.

The parameters and weightage assigned by NIRF Management Rankings are as below: 

NIRF Management Rankings 2023

Parameters

Ranking weight

Teaching, Learning & Resources (TLR)

0.30

Research and Professional Practice (RP)

0.30

Graduation Outcomes (GO)

0.20

Outreach and Inclusivity (OI)

0.10

Perception (PR)

0.10

Top 100 B-schools as per NIRF Management Rankings 2023

B-school

Score 2023

Ranking Gain/Loss from last year

NIRF Ranking 2022

Indian Institute of Management Ahmedabad

83.2

0

1

Indian Institute of Management Bangalore

80.89

0

2

Indian Institute of Management Kozhikode

76.48

2

5

Indian Institute of Management Calcutta

75.53

-1

3

Indian Institute of Technology Delhi

74.14

-1

4

Indian Institute of Management Lucknow

74.11

0

6

National Institute of Industrial Engineering, Mumbai

71.99

2

9

Indian Institute of Management Indore

71.95

-1

7

XLRI-Xavier School of Management

70.75

-1

8

Indian Institute of Technology Bombay

68.11

1

11

Indian Institute of Management Raipur

66.18

3

14

Indian Institute of Management Rohtak

65.88

4

16

Management Development Institute, Gurugram

64.88

0

13

Indian Institute of Technology Kharagpur

63.92

-2

12

Indian Institute of Technology Madras

62.83

-5

10

Indian Institute of Management Udaipur

62.78

6

22

Symbiosis Institute of Business Management

62.74

0

17

Indian Institute of Technology Roorkee

62.14

1

19

Indian Institute of Management Kashipur

61.07

4

23

S.P. Jain Institute of Management & Research, Mumbai

60.91

1

21

SVKM`s Narsee Monjee Institute of Management Studies, Mumbai

60.84

4

25

Indian Institute of Management Tiruchirappalli

60.83

-4

18

Indian Institute of Technology Kanpur

60.63

-3

20

Indian Institute of Management Ranchi

59.99

-9

15

Jamia Millia Islamia,New Delhi

59.78

4

29

Indian Institute of Management Shillong

59.12

0

26

Indian Institute of Foreign Trade, New Delhi

58.6

-3

24

Amity University, Gautam Budh Nagar

58.56

0

28

Indian Institute of Management Visakhapatnam

57.57

4

33

Amrita Vishwa Vidyapeetham, Coimbatore

57.02

-3

27

Great Lakes Institute of Management, Chennai

56.62

0

31

Lovely Professional University, Phagwara

56.44

2

34

Goa Institute of Management

56.28

3

36

International Management Institute New Delhi

56.05

-4

30

National Institute of Technology Tiruchirappalli

56.01

4

39

Chandigarh University

55.98

4

40

MICA, Ahmedabad

55.47

5

42

Institute of Management Technology, Ghaziabad

55.26

6

44

University of Petroleum and Energy Studies - UPES, Dehradun

54.83

2

41

ICFAI Foundation for Higher Education, Hyderabad

54.29

-8

32

Indian Institute of Management Jammu (IIMJ)

54.17

-5

36

T. A. Pai Management Institute Manipal

53.48

-4

38

Indian Institute of Management Nagpur

53.41

0

43

Indian Institute of Technology (Indian School of Mines), Dhanbad

52.64

2

46

K J Somaiya Institute of Management Studies and Research, Mumbai

52.14

26

71

XIM University, Bhubaneswar

52.09

-11

35

Jaipuria Institute of Management Noida

51.81

4

51

Birla Institute of Management Technology, Greater Noida

51.74

8

56

Anna University, Chennai

51.67

0

49

Thapar Institute of Engineering and Technology (Deemed-to-be-university)

51.67

4

53

Indian Institute of Management, Amritsar

51.3

4

55

Koneru Lakshmaiah Education Foundation University (K L College of Engineering)

51.29

-5

47

Indian Institute of Management Bodh Gaya

51.28

20

73

Institute of Rural Management Anand

51.19

4

58

Aligarh Muslim University

51.18

2

57

Banaras Hindu University

51.07

-6

50

Siksha `O` Anusandhan, Bhubaneswar

51.03

NA

NA

Indian Institute of Management Sambalpur

50.9

8

66

Kalinga Institute of Industrial Technology, Bhubaneswar

50.78

-11

48

Christ University, Bengaluru

50.69

12

72

Nirma University, Ahmedabad

50.04

-16

45

Great Lakes Institute of Management,Gurgaon

49.95

-10

52

Fore School of Management, New Delhi

49.85

-3

60

Chitkara University, Rajpura

49.8

16

80

Graphic Era University, Dehradun

49.77

0

65

Guru Gobind Singh Indraprastha University, New Delhi

49.71

-4

62

International Management Institute Bhubaneswar

49.3

3

70

Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior

49.13

-4

64

Malaviya National Institute of Technology, Jaipur

48.98

NA

NA

International Management Institute Kolkata

48.43

NA

NA

Saveetha Institute of Medical and Technical Sciences, Chennai

48.34

6

77

BML Munjal University, Gurgaon

48.27

-18

54

Principal L N Welingkar Institute of Management Development and Research, Mumbai

48.21

-5

68

Krea University, Sri City, Chittoor

48

-14

60

National Institute of Technology Calicut

47.99

9

84

National Institute of Bank Management, Pune

47.08

NA

NA

Birla Institute of Technology, Ranchi

46.96

1

78

Babasheb Bhimrao Ambedkar University, Lucknow

46.61

9

87

Manipal University, Jaipur

46.23

6

85

Jaipuria Institute of Management Jaipur

46.15

1

81

Amity University Haryana, Gurgaon

46.07

11

92

Panjab University, Chandigarh

46.05

-15

67

Rajagiri Business School, Cochin

46.03

-9

74

Institute of Management Technology, Hyderabad

45.78

-9

75

Jain university, Bangalore

45.63

11

96

Bharathidasan Institute of Management, Tiruchirappalli

45.59

-3

83

Alliance University, Bengaluru

45.55

11

98

Jagan Institute of Management Studies, Delhi

45.54

-6

82

PSG College of Technology, Coimbatore

45.44

-26

63

Thiagarajar School of Management, Madurai

44.79

6

96

Galgotias University, Gautam Budh Nagar

44.3

2

93

Jaipuria Institute of Management Lucknow

44.22

-14

78

Tezpur University

44.01

NA

NA

Pandit Deendayal Energy University, Gandhinagar

43.92

-5

89

Visvesvaraya Technological University, Belgaum

43.84

-19

76

Jamia Hamdard, New Delhi

43.74

4

100

National Institute of Agricultural Extension Management, Hyderabad

43.47

NA

NA

Indian Institute of Management, Sirmaur

43.26

-29

69

New Delhi Institute Of Management

42.61

NA

NA

Guru Jambheshwar University of Science and Technology, Hisar

42.13

NA

NA

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