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Top 90 B-Schools (all lists are in alphabetical order)

The Top 90 management institutes in the country have been divided into seven broad categories. A numerical ranking often does not have a sound scientific basis. The parameters and, more importantly, the weightages given to these tend to be extremely subjective.

A qualitative analysis of a B-school on pre-determined parameters can however give you a more comprehensive picture. These parameters include placement record, quality of faculty members, quality of students, quality of infrastructure, image of the institute, etc. However being based on perspective, the resultant rankings too, are thus subject to many fierce debates. T.I.M.E. has used its extensive student database, years’ of experience in the field and a proven methodology to categorize the top 90 institutes.

Methodology

The B-School categorisation process adopted by T.I.M.E. is an elaborate multi-step process where due weightage is given to the statistics available about an institute in the public domain and the opinion of experts at T.I.M.E. That’s why, it is a blend of expert opinion and objective data which makes it the most accurate categorisation available. In the first stage, we identify the parameters that influence the rating of a B-School, which are whittled down further on the basis of the relative importance of the parameters identified in the first stage. The parameters used finally are (a) average CTC, (b) cut-off score at the institute, (c) number of applicants, (d) location of the school, (e) age of the institute, (f) quality of alumni, and (g) faculty. These parameters constitute the objective aspect of the categorisation methodology, while the rating given by T.I.M.E. experts to each institute constitutes the subjective aspect. An elaborate scoring system is devised for each of the objective parameters, which is reviewed and modified by an expert panel. The data related to each institute for each of the above parameters is collected and scrutinised for its authenticity. Finally, scores are given to the institutes based on the scoring system according to the authenticated data of the institute.

For each institute included in our list, it is the flagship course of that institute that has been considered for the purpose of the categorization. The only exception to the above are the programs of the IIM’s where both the PGP and the Executive programs have been treated on par and given the same status. In some cases specific programs of some top institutes (the MS program of FMS and the HR program of MDI) have been graded at a different level than that of their flagship program. This has been done on account of the popularity of the program and its relative standing against other such programs of other institutes.

As a part of the selection criteria, a number of management institutes also include a minimum percentage of marks to be scored by the students in their graduation for the students to be eligible to apply to such institutes.

Click here to view the graduation percentage requirements of select B-Schools.

CATEGORISATION OF THE TOP 90 B-SCHOOLS IN INDIA

The Top 90 B-Schools in the country have been divided into seven broad categories. A numerical ranking often does not have a sound scientific basis. The parameters and, more importantly, the weightage given to these, tend to be extremely subjective. The resultant rankings too, are thus subject to many fierce debates. In this case, T.I.M.E. has used its extensive student database and experience in the field to categorise the Top 90 B-Schools.

Broadly, these categories are meant to aid the students in applying to institutes. Within a category, the institutes are of approximately the same quality. Of course, the categorisation is only indicative and students should make independent inquiries before taking a final decision about which institutes to apply to.

The Top Ten are the so-called ‘Ivy-League’ institutes that every student dreams of securing an admission into. Many of these institutes are comparable with the best in the world. Indeed, some of them regularly feature in the lists released by international business magazines. These institutes invariably have a 100% placement record. Even the not-so-good students at these institutes manage to get very good jobs on account of the ‘rub-off’ effect of the institute.

The "AAA" (Triple A) & "AA" (Double A) categories of institutes are those that fall into the Top 30. They offer a high quality of education, faculty, and infrastructure facilities. These institutes have a 100% placement record and are considered to be just a notch lower than the ‘Ivy-League’ schools like the IIMs and XLRI. A significant number of the top students at these institutes are able to secure placements that are comparable to those offered at the Top 10 institutes. Most students should be more than happy to join these institutes if they are able to get admission.

The "A" and "BBB" (Triple B) categories of institutes offer a consistent quality of education in terms of faculty quality and infrastructure facilities even though these may not be comparable to those of the top 30 institutes. These institutes are successful in providing high quality placements to their top students, especially those with good communication skills, but do not have a 100% placement record. A student at one of these institutes would have to work extra-hard to secure a good rank and high marks so as to enhance her / his placement chances.

The "BB" (Double B) and "B" category institutes are those that are well regarded at the local level. These institutes may not provide too many national-level placement opportunities but are generally successful in providing placements to many of their students with prominent local companies.

Top 10 Category

  1. Faculty of Management Studies (FMS), Delhi
  2. Indian Institute of Management, Ahmedabad (IIM-A)
  3. Indian Institute of Management, Bangalore (IIM-B)
  4. Indian Institute of Management, Calcutta (IIM-C)
  5. Indian Institute of Management, Indore (IIM-I)
  6. Indian Institute of Management, Kozhikode (IIM-K)
  7. Indian Institute of Management, Lucknow (IIM-L)
  8. Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai
  9. Management Development Institute (MDI), Gurgaon
  10. Xavier Labour Relations Institute (XLRI), Jamshedpur

"AAA" (Triple A) Category

  1. Faculty of Management Studies (FMS), Delhi, (MS Programme)
  2. Indian Institute of Foreign Trade (IIFT), New Delhi
  3. Indian Institute of Management, Shillong (IIM-S)*
  4. Indian Institute of Technology, Bombay (IIT-B)
  5. Indian Institute of Technology, Delhi (IIT-D)
  6. Institute of Management Technology (IMT), Ghaziabad
  7. International Management Institute (IMI), New Delhi
  8. National Institute of Industrial Engineering (NITIE), Mumbai
  9. S. P. Jain Institute of Management & Research (SPJIMR), Mumbai
  10. Symbiosis Institute of Business Management (SIBM), Pune


"AA" (Double A) Category 

  1. Bharathidasan Institute of Management (BIM), Trichy
  2. FORE School of Management, New Delhi
  3. Indian Institute of Foreign Trade (IIFT), Kolkata Campus
  4. K. J. Somaiya Institute of Management Studies, Mumbai
  5. Management Development Institute (MDI), Gurgaon (HR Programme)
  6. Mudra Institute of Communication, Ahmedabad (MICA)
  7. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
  8. Symbiosis Centre for Management and Human Resource Development  (SCMHRD), Pune
  9. Tata Institute of Social Sciences (TISS), Mumbai
  10. Xavier Institute of Management, Bhubaneswar (XIM-B)


"A" Category 

  1. Delhi School of Economics (DSE), Delhi
  2. Indian Institute of Technology, Madras (IIT-M)
  3. Institute for Financial Management and Research (IFMR), Chennai
  4. Lal Bahadur Shastri Institute of Management, Delhi
  5. Nirma University Institute of Management, Ahmedabad
  6. Sydenham Institute of Management Studies and Research and Entrepreneurship Education, Mumbai
  7. Symbiosis Institute of International Business (SIIB), Pune
  8. T. A. Pai Management Institute (TAPMI), Manipal
  9. University Business School (UBS), Chandigarh
  10. Welingkar Institute of Management, Mumbai

"BBB" (Triple B) Category

  1. Amrita School of Business (ASB), Coimbatore
  2. Birla Institute of Management Technology, NOIDA
  3. Department of Commerce and Management Studies, University of Pune, Pune (PUMBA)
  4. Department of Financial Studies (DFS), University of Delhi, South Campus, New Delhi
  5. Goa Institute of Management (GIM), Goa
  6. Hyderabad Central University (HCU), Hyderabad
  7. Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata
  8. Indian Institute of Technology, Kanpur (IIT-K)
  9. Indian Institute of Technology, Kharagpur (IIT-KGP)
  10. Institute of Management Development and Research (IMDR), Pune
  11. Institute of Management Technology (IMT), Nagpur
  12. Institute of Rural Management, Anand (IRMA) (for Rural Management)
  13. Institute of Technology & Management (ITM), Mumbai
  14. Loyola Institute of Business Administration (LIBA), Chennai
  15. Symbiosis Institute of Telecom Management (SITM), Pune


"BB" (Double B) Category

  1. Alliance Business Academy (ABA), Bangalore
  2. Amity Business School, New Delhi
  3. Bharathidasan Institute of Management (BIM), Bangalore
  4. Christ College, Bangalore
  5. Indian Institute of Forest Management (IIFM), Bhopal
  6. Institute of Management Technology (IMT), Dubai Campus
  7. Master of Business Economics (MBE) Programme of the Delhi University
  8. NL Dalmia Institute of Management Studies & Research (NLDIMSR), Mumbai
  9. Osmania University College of Business Management (OUCBM), Hyderabad
  10. SDM Institute for Management Development (SDM-IMD), Mysore
  11. SIES College of Management Studies, Mumbai
  12. Symbiosis Center for Information Technology (SCIT), Pune
  13. Symbiosis Institute of Management Studies (SIMS), Pune
  14. Symbiosis Institute of Mass Communication (SIMC), Pune
  15. Xavier Institute of Management and Entrepreneurship (XIME), Bangalore


"B" Category

  1. B. K. School of Business Management, Ahmedabad
  2. Birla Institute of Technology (BIT), Mesra, Ranchi
  3. EMPI Business School (EMPI), New Delhi
  4. School of Management Studies, BHU, Varanasi
  5. ICFAI Business School (IBS), Gurgaon
  6. ICFAI Business School (IBS), Hyderabad
  7. ICFAI Business School (IBS), Navi Mumbai
  8. Indian Institute of Finance (IIF), New Delhi
  9. Indian Institute of Technology, Roorkee (IIT-R)
  10. Indian School of Mines (ISM), Dhanbad
  11. Institute of Public Enterprise (IPE), Hyderabad
  12. Institute of Technology & Management (ITM), Chennai
  13. Kirloskar Institute of Advanced Management Studies (KIAMS), Harihar, Karnataka
  14. National Institute of Technology (NIT), Trichy
  15. Pondicherry Central University (PCU), Puducherry
  16. PSG Institute of Management, Coimbatore
  17. School of Communication & Management Studies (SCMS), Cochin
  18. School of Management (SMS), Cochin University of Science & Technology, Cochin
  19. Sri Ram College of Commerce, MBA-GBO, Delhi
  20. Symbiosis Institute of Operations Management (SIOM), Nasik
Other Popular B-Schools (Region-wise)
East
  • Army Institute of Management, Kolkata
  • Globsyn, Kolkata
  • ICFAI Business School (IBS), Kolkata
  • ISB&M, Kolkata
  • XISS, Ranchi
North
  • Fortune Inst. of Intrnl. Business, New Delhi
  • FOSTIIMA, New Delhi
  • IIPM, New Delhi
  • Indian Inst. of Tourism and Travel Management, Gwalior
  • Institute of Integrated Learning in Management (IILM), Noida
  • Jaipuria Institute of Management (JIM), Noida
  • New Delhi Institute of Management, New Delhi
  • NILM Center for Mngt. Studies, New Delhi
  • Pearl School of Business, Gurgaon
  • R A Podar Institute of Management, Jaipur
South
  • Badruka Institute of Foreign Trade, Hyderabad
  • Department of Mngt. Studies, Anna University, Chennai
  • Gitam Institute of Foreign Trade, Visakhapatnam
  • ICFAI Business School (IBS), Bangalore
  • ICFAI Business School (IBS), Chennai
  • Indian Business Academy (IBA), Bangalore
  • Institute of Tech. & Management, Bangalore
  • Intrnl. School of Business & Media, Bangalore
  • International School of Management Excellence, Bangalore
  • M. S. Ramaiah Institute of Management, Bangalore
  • Rajagiri College of Social Sciences, Cochin
  • Siva Sivani Institute of Management, Hyderabad
  • SSN School of Mgnt. & Computer Applications, Chennai
  • St. Joseph College of Commerce, Bangalore
  • Vignana Jyothi Inst. of Management, Hyderabad
West
  • Bharatiya Vidyapeeth, Pune
  • ICFAI Business School (IBS), Ahmedabad
  • ICFAI Business School (IBS), Pune
  • Indian Institute of Modern Management, Pune
  • Indira Institute of Management, Pune
  • Institute of Business Mngt. & Research, Pune
  • Lala Lajpath Rai Inst. of Management, Mumbai
  • MIT School of Management, Pune
  • National Institute of Banking and Mgnt., Pune
  • National Insurance Academy, Pune
  • Sadhana Center for Management and Leadership Development (SCMLD), Pune
  • St. Xavier’s School of Management, Mumbai
  • Thakur College of Management, Mumbai

Disclaimer: The above list has been compiled based on various objective and subjective data/ information gathered by experts at T.I.M.E. The list is meant to serve only as a guidance to students who wish to apply to B-Schools. While the best possible care has been taken by T.I.M.E. in compiling this list, T.I.M.E. is not responsible for the decision(s) taken by any student / parent on the basis of this list. Students are advised to check the credentials of a B-School before taking a decision to apply or to join.

* IIM-Shillong has been included in the said category primarily on the basis of the long-term rub-off effect of the brand equity of the IIM brand on a student’s career.

 
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