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To establish this ranking of the best business schools in India, we have adopted a survey format of data collection. We sent out a survey to our aspirant user base asking them to rate MBA institutes across India on a scale of 1 to 5. We then calculated the average scores for each institution to determine the most desirable business schools.
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Other components like RoI, Batch Size, Fees, Location etc. have not been taken into account to calculate the average scores of these institutes.
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One striking observation in this year’s rankings is the sharp rise in popularity of SJMSoM IIT Bombay and NITIE Mumbai in the minds of MBA aspirants. SJMSoM has been replaced by IIM Shillong, which till last year was among the top 15 management institutes in India. A significant reason for this could be the significantly better returns that SJMSoM offers, as IIT Bombay’s MBA Class of 2019 offers a much higher average package than its IIM Shillong counterparts and pays half the MBA fees compared to PGP students. In IIM Shillong.
Another important observation of the MBA ranking for 2020 is the sharp decline in the popularity of the Indian Business School, which two years ago was ranked among the best business schools in India. One of the main reasons for this continued decline could be the Rs. 36 lakh price tag attached to 1 year PGP program at ISB. Despite being named India’s best business school by the FT, MBA aspirants no longer see the institute as a lucrative option.
Investment returns seem to be on the mind of most MBA aspirants. Despite FMS Delhi increasing its fees for its MBA program by Rs. 2 lakhs, remains popular among postgraduates and is preferred over XLRI Jamshedpur for the third year in a row. Even after raising its fees nearly tenfold, FMS is a highly profitable management institute, offers excellent placements and continues to cement its status as the ‘Marketing Campus of India’. JBIMS, another institute with excellent returns, missed the uber elite top-10 group by a whisker.
MDI Gurgaon, SJMSoM and NITIE were the top earners this year. NITIE Mumbai, which slipped last year, regained its place among the top 15 management institutes in India, beating majors like IIM Shillong and SIBM Pune. Perhaps, if the institute opens up admissions to PGDIM program for applicants from all academic categories, the institute could further improve its ranking and even enter the top 10.
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XLRI Jamshedpur is among the top 5 business schools in India for the third consecutive year and is one of the few business schools in the same league as the older IIMs. However, the institute is not able to surpass FMS Delhi in terms of popularity and is unlikely to do so unless FMS hikes the fee for its MBA program drastically.
A, B and C IIMs have consistently topped not only our rankings but also the lists published by most portals. IIM Calcutta again outperformed IIM Bangalore.
SCMHRD has never been ranked among the top 30 business schools in India and is ranked 27th in terms of overall suitability by MBA aspirants. Among private institutes, the institute is ranked 7th, making it among the top 10 private business schools in India. SCMHRD has been the top earner in this overall report on the Best MBA Colleges in India in 2020, up 5 spots from 2019.
Ranked among the top 15 management institutes in India till 2019, TISS Mumbai has now dropped three places to 18th position. Despite being a high-income institute with a small batch size, the institute was ranked lower by MBA aspirants. SIBM Pune also ranked slightly lower than its 2019 position, but only by a whisker and thus not a worrying news for the institute. It is expected that SIBM Pune will again rank 16th in 2021 or do better, given the rate of decline in ISB rankings.
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IIM Rohtak, IIM Udaipur moved down the rankings, IIM Ranchi entered the Top-20 group for the first time
IIM Rohtak, which was ranked among the top 25 business schools in India two years ago, has steadily fallen in the rankings and is ranked 28th in 2020.
While IIM Rohtak sees itself slipping down, its peers have only moved up in the rankings, with IIM Kashipur moving up two spots from 2019, when it ranked lower than even the third-generation IIMs. IIMs Raipur, Ranchi and Trichy also moved up in the rankings.
Last year, when there were no second-generation IIMs in India’s top 20 business schools, we asked –
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IIM Ranchi responded to our concerns by moving up the rankings and taking the 20th position in the list of Best MBA Colleges in India – the first new IIM to make the top 20 in the MBA Rankings series. We hope these rankings improve for the institute and more new IIMs follow suit.
With a relatively low fee and small batch size, VGSoM has improved its ranking significantly and is now among the top 30 management institutes in India in 2020, becoming the second IIT to improve its performance in the report. since last year.
MICA dropped in the rankings for the first time since the start of this series, but managed to maintain its position in the elite top-30 group. Perhaps the launch of a new general PGDM program in addition to their core marketing oriented PGDM-C program could go a long way in improving MICA’s ranking.
In 2018, SBM-NMIMS was ranked among the top 20 business schools in India – an elite club reserved only for the country’s most desirable management institutes. Despite improving its ranking by one spot in 2020, NMIMS is unable to rejoin the top-20 league. Contributing factors could be the very large batch size, expensive examination process and the rising costs of an already expensive full-time PGDM program.
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Do you agree with these ratings? Which business school(s) do you think is ranked wrong? What do you think could be done to improve MBA rankings? Let us know your thoughts and suggestions in the comments below! We are glad to know your opinion.
India’s largest community of talent seeking or aspiring to pursue a career in management. Home » News » Education-Career » ISB Top MBA College in India, 4 Indian B-Schools Global Top 100: FT MBA Ranking 2022
FT MBA Ranking 2022: The number of Indian colleges in the top 100 list has decreased. Moreover, the position of Indian B-schools has also declined.
Indian School of Business (ISB) has been named the best college for MBA in India by FT Ranking 2022. A total of four Indian institutes have made it to the list of top 100 B-schools worldwide. . This includes prestigious IIMs. IIM-Bangalore ranked second among Indian colleges. Globally, the University of Pennsylvania took first place this year. Last year’s top French college, Insead, was ranked third in this year’s FT Rankings.
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India featured five colleges in the top 100 colleges in 2021. However, this year only four colleges made it past IIM-Indore, which was ranked 94th in 2021. . The other four remain ISBs and IIMs in Ahmedabad, Bangalore and Calcutta. While ISB has maintained its position as India’s top B-school, it has slipped from being the 23rd best college in 2021 to 32nd this year.
Most of the top 100 MBA colleges are from the US. The high salaries offered by American firms to new MBA graduates is one of the main reasons for the dominance of the US. Salaries are one of the many factors used by the FT Ranking to evaluate universities and colleges around the world. The ranking is based on 20 criteria, including graduate career development, school diversity and research, and more. A total of 151 schools participated in the 2022 edition.
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