Hey there. Looking for the top business schools in India?! Well, you can find your answers here. When we talk about the best business schools in India, the first thing that comes to our minds is the Indian Institute of Management (IIMs). Right?! Because IIMs are the best as it has state-of-the-art facilities and some of the best faculties.
However, out of 21 IIMs, which are the best ones? Well, I have come up with the top business schools in India according to several factors like NIRF rankings, facilities, faculties, recognitions, and more. Explore the article and get to study in one of the top business schools in India!
Table of Contents
Here Are the Top Business Schools in India!
1. Indian Institute of Management, Ahmedabad
IIM Ahmedabad is one of the best IIMs in India which was established because of the collaboration of DrVikramSarabhai and Kasturibhai Lalbai. This college has the best in class faculties one for each individual department. The campus is spread across more than 106 acres, making it one of the largest business schools in India.
IIM Ahmedabad has retained 100 percent placement for MBA Class of 2024 proving its legacy of academic rigor and preparing leaders for the future. The institute is ranked 1st in by National Institutional Ranking Framework (NIRF), India Rankings 2016. On the Financial Times’ 2024 MBA ranking, IIMA stands on the list of top 10 business schools being present in India with the second highest post-graduation salary in Asia – a placement nearly perfect. Ranked 16th wordwide for its alumni network and best alumni satisfaction score among Indian schools.
2. Indian Institute of Management, Bangalore
The next top business school in India in our list is Indian Institute of Management Bangalore. This institution received accreditation from EQUIS in 2016. Thus, this is one of the best business schools in India.
Did you know that IIM Bangalore is among the first few IIMs to come up with tie-ups with the with corporate giants such as Goldman Sachs, Kotak Bank and Michael and Susan Dell Foundation for the promotion of women’s entrepreneurship? In addition, IIM Bangalore has been instrumental in creating the government online education portal named SWAYAM. IIM Bangalore’s start-up incubator(NSRCEL) has brought out over 100 start-ups in the social entrepreneurship program, and has reached out to 13,00,000 people Impact hence IIM Bangalore has a place in the list of best B-schools in India.
3. Indian Institute of Management, Kozhikode
What if you study in God’s own country? There is one B-School you can do MBA in kerala. It is none other than IIM Kozhikode. I believe IIM Kozhikode is the only college which have so much of wonderful greeneries to watch on. In addition to above, IIMK is also the first B-School in the country to open a Satellite campus exclusively for Executive Education at Infopark, Kochi in 2013.
ENBA is the first institution in India to get an accreditation from the highly regarded Association of MBAs (AMBA) which has accredited leading B-schools like the London Business School and INSEAD. This institution has been placed 3rd in the MHRD ‑ NIRF RANKING 2023 for Management thus being one of the premier b-schools in India. IIM Kozhikode saw around 123 top-of-the-line recruiters participating in 2023 placements.
4. Indian Institute of Management, Calcutta
Indian Institute of Management Calcutta is one of the only three B-schools of Asia which has been able to attain triple accreditation by AMBA, EQUIS and AACSB. Accordingly, it is the only Indian business school to join the CEMS Global Alliance in Management Education. One of the greatest merits of IIMC is its distinguished faculty members, who have authored some 1000 papers in prestigious international journals.
In 2023, IIM Calcutta was ranked 4th with an overall score of 75.53 by NIRF. This school also have 100% no selection record of late is one of the best business schools in India.
5. Indian Institute of Technology, Delhi
For those of you who thought IIT is just for the engineering undergrads, No friends, you got that wrong. It is not just the best for engineering, it is also best for Business Management courses. IIT Delhi is the go-to institution for education and intellectual growth in science, engineering, and technology in India. It has helped develop India’s technology and innovation.
In NIRF Rankings had ranked IIT Delhi 2 in Engineering, and 3 in Overall in India. As per QS World University Ranking for Business and Management Studies 2023, IIT Delhi is 4th in India and 16th by Business Today 2023 in Management category. The school has graduated more than 60,000 students since its founding in 1979, with about 5,000 alumni holding graduate and doctoral degrees, making it one of the top business schools in the country.
6. Indian Institute of Management, Lucknow
Indian Institute of Management Lucknow (IIML)IIM Lucknow is the fourth IIM to be established in India. It is the biggest IIM campus, covering more than 200 acres situated in a cultural heritage site. This IIM Lucknow is also responsible for catering to and mentoring the new IIMs such as IIM Jammu, IIM Rohtak, etc. With a high placement record(634 offers for 576 students for the 2024 batch) for the Institute right now, it is what makes it one of the best business schools in India.
You might be surprised to know that IIM Lucknow is the very first IIM to initiate another campus. Programmes The institute conducts a number of programme which include the flagship programme Post Graduate Programme in Management (PGP) and various programmes other courses including Agribusiness Management, and Sustainable Management. As per NIRF 2023 and IIRF 2024, IIM Lucknow is rank-6, it holds top 150-200 as per the International rankings of QS Global also, this shows its international approach and level.
7. Indian Institute of Management, Mumbai
Indian Institute of Management Mumbai located near the Vihar lake, has a campus of 67 acres. This college was established due to PM Gati Shakti master plan is now known as one of top business school of India.
NIRF in 2023 ranked IIM Mumbai 7th in India among management schools. The MHRD has declared that IIM Mumbai is among the “India’s Ivy League Business Schools” for the last 5 decades. The institute offers a variety of Industrial Engineering and Management programs like PGDIE, PDGIM, PGDISEM, etc. These achievements demonstrate the dedication of IIM Mumbai towards management education of the highest order and one of the best business schools in India.
8. Xavier School of Management, Jamshedpur
Xavier School of Management Jamshedpur is the only non-IIM business school of India. It is also the first business school in India to be set up (in 1949). Why this school is in the list of top business schools in India is because it aims to be carbon-free through principles of responsible management education.
XLRI aims to “offer quality management education through a broad range” of graduate, postgraduate and doctoral academic programmes.It is one of the oldest B-schools in India and has been accredited above average by the National Board of Accreditation in India and AICTE.ls and faculty.Excel th. It is rated 9th by NIRF Ranking 2023 and 1st position by IIRF Ranking 2024. The QS World ranking for XLRI is 5th in India and 13th in Asia. These accreditations further add to XLRI’s position as a premier business school in India as well as in Asia and Latin America.
9. Indian Institute of Technology, Bombay
What if I said that a business management school in the IIT Bombay campus? This business school is named Shailesh ji Mehta School of Management after one of the best alumni of IIT Bombay. This institution provides practical learning and almost all Business Management courses for MBA aspirants.
SJMSOM is ranked 5th in the QS World Rankings for its MBA program and 10th position in the ‘Management’ category of NIRF making it one of the top business schools in India. IIT Bombay has been declared an ‘Institute of National Importance’ and has contributed significantly to academia, research, industry, and society. The Institute encourages a belief in entrepreneurship, that enhances students to develop and pursue new business ideas, That’s why IIT Bombay has the highest number of successful start-up entrepreneurs in India.
10. Indian Institute of Management, Indore
Do you know that the Indian Institute of Management Indore is providing a 5 year integrated management course?! Yes, apart from the ordinary Management courses, the institution comes up with a unique course that the students need to join soon after the completion of their 12th standard. Also, the Indian Institute of Management Indore is the second largest IIM in India spanning over 193 acres.
IIM Indore is the 2nd IIM that has earned the triple crown in India by obtaining three global Union recognitions such as AMBA (UK), AACSB (USA), and EQUIS (European Union). It is also ranked 7th position by NIRF and 151st position by QS World University ranking making it one of the top business schools in India.
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