Top 20 Mba Colleges Of India – To establish these rankings of the best business schools in India, we have adopted an opinion survey format for data collection. We administered a questionnaire to our prospective users that simply asked them to rank MBA institutions across India on a scale of 1 to 5. We then calculated the average scores for each institution to reveal the best business schools.
It does not include any other features like RoI, Batch Size, Fees, Location etc. to calculate the average scores of these institutions.
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One of the surprising things in this year’s rankings is the rapid rise in popularity of SJMSoM IIT Bombay and NITIE Mumbai in the minds of MBA aspirants. SJMSoM has been ranked higher than IIM Shillong, which until last year was ranked among the top 15 management institutes in India. A key reason for this could be the better RoI that SJMSoM seems to offer, with IIT Bombay’s MBA Class of 2019 being offered a higher average package than their peers at IIM Shillong, and having paid half the MBA fees compared to PGP students. for IIM Shillong.
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Another important observation from the MBA rankings for 2020 has been the sharp drop in popularity of the Indian Business School, which was ranked among the top business schools in India until two years back. One main reason for this ongoing fall could be Rs. 36 lakhs price tag which is attached for 1 year PGP program at ISB. Despite being ranked as the best business school in India by the FT, it is clear, MBA aspirants no longer see the institute as a lucrative option.
Return on investment seems to be on the minds of many MBA aspirants. FMS Delhi, despite increasing their fee for MBA program to Rs. 2 Lakh, continues to be popular among aspirants and is preferred over XLRI Jamshedpur for the third consecutive year. Even after increasing their fees almost tenfold, FMS continues to be a high RoI management institution, offering excellent placements and continuing to strengthen their status as the ‘Marketing campus of India’. JBIMS, another institute with incredible RoI, has missed out on the uber elite top-10 for whiskey.
MDI Gurgaon, SJMSoM, and NITIE were the top gainers this year. NITIE Mumbai, after slipping last year, has regained its place among the top 15 management institutes in India, and has been ranked above the likes of IIM Shillong and SIBM Pune. It is possible that, if the institution were to open admission to the PGDIM program to applicants from all academic backgrounds, the institution could improve further on its rankings and even reach the top 10.
XLRI Jamshedpur has been ranked among the top 5 business schools in India for the third consecutive year, and is one of the few business schools that is considered to be in the same league as the old IIMs. However, the institute continues to have the potential to surpass FMS Delhi in popularity, and it is unlikely to do so unless FMS rapidly increases its fees for the MBA program.
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IIMs A, B and C have consistently been at the top not only in our rankings, but in the lists provided by many portals. IIM Calcutta has, still, an edge over IIM Bangalore.
SCMHRD, which has never featured among the top 30 business schools in India, has been ranked 27th by MBA aspirants in terms of overall desirability. Among private institutions, the institution ranks 7th, placing it in the list of top 10 privately owned business schools in India. SCMHRD was the top gainer in this overall report of top MBA universities in India in 2020, rising 5 places compared to 2019.
TISS Mumbai, ranked among the top 15 management institutes in India till 2019, has now slipped three places to 18th position. Despite being a high RoI institute with a small batch size, the institute has been ranked low by aspirants MBA. SIBM Pune also finds itself ranked slightly lower compared to its position in 2019, but only by a whisker and thus not a drastic update for the institution. It is expected that, given the rate at which ISB is falling in the rankings, SIBM Pune may find itself back to 16th place in 2021, or may do better.
IIM Rohtak, IIM Udaipur Drop In Rank, IIM Ranchi Enters Top 20 Group For First Time
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IIM Rohtak, which until two years ago ranked among the top 25 business schools in India, has continued to slide down the rankings to 28th place in 2020.
While IIM Rohtak sees itself falling, its peers have only risen in the rankings, with IIM Kashipur rising two places compared to 2019 when it was ranked even lower than the third generation IIMs. IIMs Raipur, Ranchi and Trichy have also risen in the rankings.
Last year, when not a single generation of IIMs featured in the top 20 business schools in India, we asked the question –
IIM Ranchi has responded to our concerns by climbing the ranks and finding itself at number 20 in this list of top MBA universities in India – the first new IIM to feature in the top 20 in the MBA Rankings series. We hope that these standards will improve further for the institution, and that the newer IIMs will follow suit.
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VGSoM, a low-fee institute with a small batch size, has improved its rankings significantly and is now ranked among the top 30 management institutes in India in 2020, making it the second IIT in this report to improve its performance. since last year.
MICA, for the first time since the inception of this series, has dropped in the rankings but has managed to retain its place in the elite top-30 group. Perhaps the launch of a new general PGDM program, along with their flagship PGDM-C program which has a strong marketing orientation, could go a long way in improving MICA’s rankings.
In 2018, SBM-NMIMS was ranked among the top 20 business schools in India – an elite club reserved only for the country’s most sought-after management institutions. In 2020, despite improving its position by one position, NMIMS continues to fail to rejoin the top 20 league. Contributing factors may be the larger batch size, costly screening process, and increased costs of an already expensive full-time PGDM program.
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Iim Abc Take Top Spots, Baby Iims Below Iits
To no one’s surprise, IIMs Ahmedabad, Bangalore and Calcutta have been rated as the top MBA universities in India. This year, IIM Bangalore has gained a slight edge over IIM Calcutta for second place. These are the three oldest and most sought after business schools in India, producing luminaries who have led billion dollar companies. These three institutions are also among the top hundred business schools in the world.
Note – MICA, IMT Ghaziabad, XIMB, KJSIMSR, TAPMI, XUB, IFMR, SDA Bocconi Asia Center, Great Lakes Chennai, FORE, Goa Institute of Management, and WE School were listed but refused to participate in these rankings.
Among the top five, government MBA colleges dominate. FMS Delhi continues to be the business school of choice for business aspirants across the country. A major contributor to this is the relatively high return on investment that FMS offers to its graduates, charging only 2.00 lakhs for a two-year program; the amount that others can pay for their summer training only. This year, XLRI Jamshedpur has been edged out of the top five by IIM Lucknow, albeit only by a whisker.
Among the top IIMs, ABCLKI IIMs are listed in that order. IIM Indore is probably not preferred over IIMs L and K due to the size of the batch in the institute. However, the institute manages to achieve 100% placement for its batch year after year, including for its Class of 2021. XLRI Jamshedpur is preferred over IIMs Kozhikode and Indore. ISB has improved significantly on its position from last year.
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XLRI Jamshedpur, SPJIMR Mumbai, and Indian School of Business are the top three privately owned management institutes in India.
For the first time in three years, IIFT Delhi has dropped out of the top ten, albeit only by a nanoscopic amount. MDI Gurgaon, JBIMS, NITIE and SJMSoM also feature among the top fifteen MBA universities in India in 2021. Interestingly, IITs are ranked ahead of second and third generation IIMs in terms of desirability. SJMSoM of IIT Bombay has
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