Are you looking for the top MBA colleges list in India? You have come to the right place. Before getting into the list, you should know certain things.
India is the home for more than 3000 B-Schools that offer Master of Business Administration course. The good thing here is that most of these schools provide quality education along with excellent placement. Among them, some institutions provide the right foundation to the leap into the world of business.
An unenviable task to students:
With so many b-schools with a good reputation, you surely have an unappealing responsibility in front of you. Yes, you will have to select the right institution for your dream course. It is true that MBA is a certification that benefits candidates only when obtained from a reputed school. But, how an institute becomes the ‘Best’ differs year after year.
Key parameters to consider:
You will have to think some crucial points in the selection of the right B-School. You should evaluate the performance of the school based on these parameters. Then, you should make a shortlist of dependable B-schools. However, this task is not simple. The reason is that you will have to gather a lot of information about different b-schools. Of course, nowadays, you have the web to collect data at ease. But, you will have to spend time.
So, to help you with the selection of the right B-schools, many ranking services grade B-Schools. They do this after considering different parameters. As you know, when it comes to preparation of MBA entrance exams, TIME is an unavoidable name. This private coaching institution produces the top MBA colleges list in India. Here is the list provided by TIME for the top 10 MBA institutions in the country:
Top 10 MBA Colleges list in India:
Institute Name | City | MHRD Ranking | Outlook Ranking | Business Line Ranking | Career 360 ranking |
Faculty of Management Studies (FMS), University of Delhi | Delhi | NA | NA | 6 | 14 |
Indian Institute of Foreign Trade (IIFT) | New Delhi | NA | NA | NA | 15 |
Indian Institute of Management (IIMA) | Ahmedabad | 1 | 1 | 1 | 1 |
Indian Institute of Management (IIMB) | Bangalore | 2 | NA | NA | 2 |
Indian Institute of Management (IIMC) | Calcutta | 3 | 2 | 2 | 3 |
Indian Institute of Management (IIML) | Lucknow | 4 | NA | NA | 4 |
Jamnalal Bajaj Institute of Management Studies (JBIMS) | Mumbai | NA | NA | 24 | 23 |
Management Development Institute (MDI) | Gurgaon | 16 | 9 | 6 | 2 |
S. P. Jain Institute of Management & Research (SPJIMR) | Mumbai | 18 | NA | 4 | 3 |
XLRI – Xavier School of Management | Jamshedpur | 9 | 3 | 3 | 1 |
What were the considerations of TIME?
You might be interested in knowing the factors that TIME considered in raking these instructions. The objective parameters that TIME uses include:
- Placements
- Cut-off in the entrance test
- Fee
- Location of the school
- Other factors:
- Infrastructure quality
- Faculty quality
What does the list of TIME constitutes and what it does not constitute?
Many students viewing this list from TIME have doubt. Yes, they think why TIME does not consider the institutions offering one-year MBA? They also ask why IIM Jammu is not part of the list. They even feel why IIM Ranchi is not on the list.
The fact is that TIME has considered only the two-year MBA/PGDM institutions for ranking the top 10. Further, TIME does not evaluate new schools that have not completed at least one year of operation. So, IIM, Jammu is not on this list.
Further, the ranking considers only flagship courses of the B-Schools. So, students looking for two-year MBA course from one of the top MBA Colleges in India can choose among these ranked institutions.