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September 26, 2008

Top Business Schools in India

Top 50 B-Schools 2008
The overall list factoring in all parametres


Name of the institute

City SP



R= Rank SP=Selection Process AE=Academic Excellence F=Facilities PD=Personality Development P=Placements TP=Total Points

1 Indian Institute of Management Ahmedabad 164.5 156.4 95.0 115.0 267.0 797.9
2 Xavier Labour Relations Inst Jamshedpur 138.8 130.9 100.0 105.0 214.0 688.7
3 Indian Institute of Management* Lucknow 156.4 122.1 100.0 95.0 NS 676.4
4 Indian Institute of Management Indore 154.2 122.2 80.0 95.0 177.0 628.4
5 National Inst of Industrial Engg Mumbai 98.3 124.2 100.0 95.0 195.0 612.5
6 Faculty of Management Studies Delhi 117.0 109.8 65.0 85.0 219.0 595.7
7 SP Jain Inst of Management Mumbai 91.7 117.1 90.0 90.0 174.0 562.8
8 Xavier Institute of Management Bhubaneshwar 106.7 126.2 100.0 75.0 151.0 558.9
9 Indian Institute of Foreign Trade Delhi 98.6 94.7 95.0 100.0 169.0 557.3
10 Inst of Management Technology Ghaziabad 108.7 139.0 100.0 95.0 97.0 539.7
11 Management Development Inst Gurgaon 90.7 147.3 100.0 105.0 96.0 539.0
12 Shailesh J. Mehta School of Mgmt Mumbai 101.8 124.7 100.0 80.0 125.0 531.4
13 International Mgmt Institute Delhi 87.7 141.0 90.0 85.0 104.0 507.7
14 Jamnalal Bajaj Inst of Mgmt* Mumbai 139.6 NS 30.0 50.0 155.0 499.5
15 Narsee Monjee Institute of Mgmt Mumbai 76.6 109.0 80.0 105.0 86.0 456.5
16 Welingkar Inst of Management Mumbai 67.4 108.6 70.0 90.0 107.0 443.0
17 Symbiosis Centre for Mgmt Pune 76.7 91.8 100.0 100.0 71.0 439.5
18 Institute of Rural Management Anand 63.7 119.9 95.0 75.0 82.0 435.5
19 KJ Somaiya Inst of Mgmt Mumbai 79.2 112.6 95.0 80.0 53.0 419.8
20 Alliance Business Academy Bangalore 75.8 121.6 70.0 70.0 80.0 417.4
21 Nirma Institute of Management Ahmedabad 67.7 84.5 95.0 85.0 72.0 404.2
22 Goa Institute of Management Goa 75.4 86.6 100.0 60.0 65.0 387.0
23 ICFAI Business School Hyderabad 43.0 85.1 100.0 85.0 60.0 373.1
24 Loyola Inst of Business Admin Chennai 66.8 97.2 90.0 35.0 82.0 371.0
25 Bharathidasan Inst of Mgmt Tiruchirappalli 60.0 87.1 100.0 60.0 60.0 367.1
26 Inst of Health Mgmt Research Jaipur 53.7 106.0 80.0 85.0 39.0 363.6
27 Amrita School Of Business Coimbatore 36.4 104.1 100.0 80.0 42.0 362.5
27 Christ University, Inst of Mgmt Bangalore 73.6 91.9 80.0 50.0 67.0 362.5
29 Inst for Financial Management Chennai 58.3 113.7 90.0 30.0 62.0 353.9
30 Lal Bahadur Shastri Inst of Mgmt Delhi 87.1 68.3 60.0 80.0 56.0 351.4
31 Balaji Inst of Modern Mgmt Pune 69.6 80.1 80.0 70.0 50.0 349.7
32 NIILM Centre for Mgmt Studies Delhi 44.2 66.3 80.0 65.0 87.0 342.4
33 Dept of Mgmt Studies, NIT Tiruchirappalli 33.1 74.1 85.0 90.0 60.0 342.1
34 Institute of Management Studies Ghaziabad 57.4 65.5 80.0 55.0 80.0 338.0
35 PSG Institute of Management Coimbatore 37.7 90.9 90.0 65.0 54.0 337.6
36 Institute of Public Enterprise Hyderabad 35.6 121.5 60.0 55.0 62.0 334.1
37 SIES College of Mgmt Studies Mumbai 70.9 74.5 60.0 65.0 62.0 332.4
38 Rourkela Inst of Mgmt Studies Rourkela 34.2 80.1 100.0 85.0 30.0 329.3
39 SDM Inst for Mgmt Development Mysore 45.4 79.0 100.0 35.0 64.0 323.3
40 Moti Lal Nehru National Institute Allahabad 44.2 73.1 100.0 55.0 50.0 322.3
41 ITM Business School Navi Mumbai 38.3 78.5 70.0 65.0 69.0 320.8
42 ICFAI Business School Mumbai 55.1 99.5 60.0 50.0 56.0 320.6
43 Symbiosis Centre for Info Tech Pune 40.9 63.6 85.0 70.0 59.0 318.5
44 Jaipuria Institute of Management Lucknow 36.3 66.3 90.0 55.0 70.0 317.6
45 Dept of Mgmt Studies, ISMU Dhanbad 29.3 111.9 95.0 35.0 40.0 311.1
46 Acharya Inst of Mgmt & Sciences Bangalore 57.5 77.3 80.0 30.0 65.0 309.8
47 Regional College of Management Bhubaneshwar 30.3 79.6 90.0 70.0 37.0 306.9
48 Vignana Jyothi Institute of Mgmt Hyderabad 36.2 70.3 80.0 70.0 50.0 306.5
49 VIT University Vellore 35.5 61.6 100.0 80.0 25.0 302.1
50 School of Comm & Mgmt Studie kochi 31.3 81.2 85.0 50.0 54.0 301.5

* IIM-L did not provide data for Industry Exposure and Placements and was ranked on the basis of four parameters. Its total score of 473.5 out of 700 (after adjustingfor these two parameters) was adjusted against a total of 1000 points. (473.5/700X1000). Similarly, JBIMS was not scored on Academic Excellence. Its overall score was calculated on four parameters and adjusted against 1000 points.
IIM-Calcutta and IIM-Bangalore did not participate in this year’s survey.source: outlook india

Best B-Schools 2008

It’s unbelievable, scary, humbling—and even ironical. At a time when the highest priests of finance have taken such a mighty tumble, and dinnertime conversations centre on the prospects of global recession, perhaps even depression, everything about the art of doing business is being brought into question. Weren’t the guys running the show at Lehman or Merrill MBAs? How could Wall Street mess up so badly? And which financial giant’s time will come over the next few weekends? In a telling indicator of how the US is preparing for bad times, enrolments at American business schools have shot up of late, as executives prefer to ride out the storm in the comparative comfort of the classroom.

In bad times or good, an MBA is seen as a three-letter passport to a better future. That’s why we are here to rank them for you. For those searching for positive news, an MBA remains relevant, nay necessary, in today’s India. Yes, there is no escaping the pain some sectors, like finance, will face. However, for all the talk of belt-tightening, this remains one of the fastest-growing economies in the world, one that needs trained managers to open up new markets and be leaders of an increasingly youthful workforce.

On the other hand, B-schools are just not adequately meeting the staggering demand for MBAs—2.5 lakh people took the CAT last year—in the manner they should be able to. There remains a huge gap between what industry demands from its newest managers and the quality they actually get. The focus, unfortunately, remains on the chosen few institutes. For the rest, business education remains at best an expensive gamble.

But before all that, and this is important, a bit about how we went about the rankings. Outlook’s survey—conducted with research agency GfK-Mode—ranks the top B-schools purely on the basis of objective parameters, based on data provided by institutes. This makes it unique in the sea of B-school rankings, most of which are purely based on the perceptions of different stakeholders (MBA aspirants, students, former students, faculty members and, of course, recruiters). There is a problem here: we feel many of these stakeholders (students, for instance) don’t have adequate knowledge to evaluate B-schools. The ones that do have the knowledge (like companies or faculty) may be biased towards the larger B-schools and those in their own geographical markets.

Our solution to avoid bias was to follow the other accepted method of evaluation, an objective "facility audit". Here, we first seek out premium stakeholders (top recruiters on campuses) and evolve a consensus on what exactly they see as the right attributes in a B-school. Based on facts gleaned from the B-schools, we rank them. This is not only transparent and open to scrutiny, it also eliminates bias.

Then, of course, comes the obvious question: just how "objective" is the data provided by the B-schools? The only answer to that is through verification. GfK-Mode has physically visited 85 B-schools (some premium institutes were spared). The data they submitted was cross-checked and disregarded if found incorrect; some institutes were not allowed to participate if they weren’t open to verification. Sure, certain top B-schools like IIM-Calcutta and IIM-Bangalore have not participated in the survey.

Next year, we will get them on board.

The key finding from the survey is that there is a huge gap between what India Inc expects and what B-schools deliver. Industry wants students and faculty to have more exposure to their ways of doing business; B-schools have been found lacking here, as is quite evident from the low scores most of them have on academic excellence. Industry doesn’t care where the faculty comes from—permanent, visiting, international—as long as it delivers results, reflected in the quality of students.

In fact, the survey reveals that private institutes are investing more money into faculty hiring and training than their more prestigious government-funded counterparts.

o see if all of this is actually delivering results on the ground, read our story (The Great Guru Hunt) on what B-schools are doing to mitigate and work
around the faculty crunch. Despite a few successful changes in strategy, the dismal faculty scenario will continue to worry B-schools for some time to come.

Similarly, industry is unhappy with the selection process followed by most B-schools ("garbage in, garbage out" is how one recruiter put it). This is perhaps one indicator of the high attrition rates in many sectors today, as managers (and employers) don’t end up meeting satisfaction levels. That is the reason we have chosen to open the debate on just what needs to be done to competitive entrance exams like CAT to make them a better judge of a person’s ability to be a good and effective manager (Matchstick Managers).

When CAT is working towards going online, it’s perhaps time to rethink what the exam stands for.

There is no denying that there is an immense dearth of talent in industry today. That partly explains why, despite corporate India’s problems

with the quality of managers being churned out by B-schools, they continue to hire them with fatter paycheques. But the tide is changing: with margins under pressure, firms are taking a long, hard look at workforce expenses. This trend became visible on campuses this year, particularly for the IT and financial sectors. Now, the US financial sector meltdown will definitely have an impact on Indian B-school placements.

Either way, B-school graduates will find themselves under more scrutiny. That is why it is important that MBA aspirants check very carefully what they are getting into. We are constantly bombarded by claims and promises from private B-schools and it’s easy to get swept away by the hype, advertising and even the awards some institutes claim to have won (Selling a Pig in a Poke). As we have argued earlier, there has to be stronger regulation to ensure that, blinded by all the noise, aspirants don’t spend huge amounts of money and get very little in return.

A ray of hope has come from a recent consumer court judgement that penalised an institute for charging fees without providing any service to students enrolled with it. The court also criticised the practice of institutes charging a lump sum fee in advance, binding "the students not to leave the institute even if quality of education or training there may be substandard."

There is a much larger issue here. There’s such a craze for MBAs that people think just the tag will do. Our columnist Nripjit Singh ‘Noni’ Chawla (Can Life Be Taught?) puts it well: "There is much that one learns in a good B-school.However, the best sword is useless in the hands of a novice. The skill of wielding it effectively can only be learnt on the field." Management may well be a science, but it draws on a whole lot of intangibles, from leadership to psychology. There is a social context too, as business can hardly afford to be divorced from its surroundings. Not at a time when we are witnessing battle after battle over corporate land acquisitions. The choice, then, is ours: Do we want to churn out an army of holistic managers? Or do we just want to sell and be sold MBA degrees?

Top B-Schools in India

Indian Institute of Management, Ahmedabad (IIM A)
Ranked amongst the top most business schools in India and Asia. The institute offers four programmes in Management. The PGP - Post Graduate Program (equivalent to MBA), the FPM - Fellowship Program in Management(equivalent to Ph.D), the FDP - Faculty Development Program for Management teachers and Trainers and the MDP - Management Development Program - a refresher for middle and top level managers. Admission process for PGP and FPM of IIM Ahemedabad involves taking the Common Admission Test (CAT) followed by group discussion and interviews for short listed candidates.

Indian Institute of Management, Calcutta (IIM C) @ Kolkatta
Ranked amongst the most prestigious business schools in India and Asia. The institute offers three full time programs. The PGDM - Post Graduate Program in Management (equivalent to MBA), the FPM - Fellowship Program in Management, the PGDCM - Post Graduate Diploma in Computer Aided Management. All three programs require the candidate to take CAT. The institute also offer part time PGDBM - Post Graduate Diploma in Business Management for managers with relevant work experience. In addition, MDP - Management Development Programs are held in regular intervals for middle and top level managers.

Indian Institute of Management, Bangalore (IIM B)
IIM Bangalore offers two year full time PGP - Post Graduate Program in Management (equivalent to MBA) and a FPM - Fellowship Program in Management. Both these programs require the candidate to take CAT. The institute also offers part time non residential PGSM - Post Graduate Program in Software Enterprise Management. There is a separate entrance test for this program. This business school is ranked amongst the top three business schools in the country.

Indian Institute of Management, Lucknow (IIM L)
IIM Lucknow offers a two year full time residential PGP - Post Graduate Program in Management and a four year FPM program. Both these programs require a candidate to take CAT. The institute also has an interesting student exchange program where students of this B-School go to premier B-Schools the world over and do part of their education. Students and faculty from these internationally reputed B-Schools in turn visit IIM Lucknow. It is ranked amongst the top five B-Schools in India.

XLRI - Xavier Labour Research Institute, Jamshedpur
Xavier Labour Research Institute, popularly known as XLRI was established in 1949 at Jamshedpur. The institute offers two courses at the post graduation level in management - a post graduate diploma in Business administration and a post graduate diploma in Personnel Management and Industrial Relations (PMIR). Online version of the brochure is also available. In 2001, the average salary (including foreign offers) soared by 70% (over last year) to a whopping Rs.8.06 lakhs per annum. The offers in the Business Management program averaged at an awe-inspiring Rs.9.71 lakhs and in the Personnel Management program at Rs. 6.5 lakhs. And these exclude ESOPs and other means of compensation.

ISB - Indian School of Business, Hyderabad
Indian School of Business, Hyderabad is emerging as a preferred choice for MBA aspirants who want to pack in the program into a one year course. As it gradually builds up its permanent faculty base, the ISB has created a unique and sustainable visiting faculty model with some of the world's leading academicians from Wharton, Kellogg, Harvard, Stanford, Chicago, Duke and Texas among others. The school offers a one year Post Graduate Program in Management.

FMS - Faculty of Management Studies, University of Delhi
FMS is amongst the top 10 B-Schools in the country and probably one of the two attached to a university amongst the top ten. The full time program of FMS started in 1967. The whole outgoing batch of 2002 was placed within a span of 2 days. There were 8 foreign offers including British American Tobacco (BAT), OLAM and QAI among others.

Indian Institute of Management, Indore (IIM I)
The Indian Institute of Management, Indore (IIMI) is the latest addition to the IIM community. IIMI has a two-year post graduate programme emphasizing on Experiential learning, IT orientation, and Social Sensitivity. The construction of the new campus is progressing at a rapid pace and IIMI plans to operate out of the new campus from June 2003. IIM-I offers the following programs viz., (a) The Post Graduate Programme (PGP), a two year programme (b) Management Development Programme. These are held throughout the year. (c) Faculty Development Programme (FDP) is designed to assist in the development of teachers, researchers, and trainers for management education and (d) Executive Post-Graduate Programme (Exe-PGP) a 18-months programme, designed for working executives.

Indian Institute of Management, Kozhikode (IIM K - Calicut)
Established in 1996, The Indian Institute of Management Kozhikode, IIMK is the fifth Indian Institute of Management. Its academic programmes encompass a range of long term full time diploma programmes such as the Post Graduate Programme in Management, and a number of short duration executive education programmes. The institute also offers an "Interactive Distance Learning Programme"



1. Stanford University (CA)
Stanford Graduate School of Business offers an MBA Program that is a two-year, full-time residential program, focusing on the academic facets of general business management. A PhD Program and the Stanford Sloan Program, a ten-month general management program for mid-career executives, leading to a master of science in management. MBA | PhD

2. Harvard Business School (MA)
Harvard Business School offers a two year MBA Program. You can apply Online to this program. In addition, HBS also offers Doctoral Programs leading to a PhD in Management in any of the eight streams of Management. MBA | PhD

3. Kellogg School of Management Northwestern University (IL)
Kellogg School of Management offers full-time, part-time, executive and international executive MBA programs. Kellogg is organized into six academic departments and each area offers individual Doctoral Programs. MBA | PhD

4. The Wharton School of the University of Pennsylvania
Wharton offers full time Undergraduate Program in Business Management. The MBA Program offers a variety of flexible options to students to earn Dual or Joint Degrees. The School also offers Wharton Executive MBA, Wharton Technology Management Course and Executive MBA programs. The Doctoral Program in the B School leads to a PhD in about 10 disciplines ranging from Marketing to Insurance and Risk. UG | MBA | PhD

5. MIT Sloan (MA)
Sloan offers Full Time MBA and Executive Programs. Sloan offers a Doctoral Program leading to PhD in management and an Undergraduate Program leading to Bachelor of Science in Management. UG | MBA | PhD

6. Columbia Business School (NY)
Columbia Business School offers a two year Full Time MBA and admits about 500 students each year to the program. The GMAT range for admissions in Fall 2003 was 670-750. In addition, the School offers a Doctoral Program in five areas of management and also offers executive MBA options. MBA | PhD

7. Haas School of Business, University of California, Berkeley
Haas Business School offers a two year Full Time MBA program. In addition, the B-School also offers evening & weekend MBA programs and an executive MBA program. In addition to the masters program, the school also offers a Doctoral Program and a Undergraduate Course in business management. A special one year Masters in Financial Engineering Program is also offered by Haas School of Business. UG | MBA | PhD

8. The Fuqua School of Business, Duke University (NC)
The Fuqua School of Business offers four types of MBA programs to suit the needs of different types of students. In addition, the B School also offers a Doctoral Program. The Ph.D. Program currently offers programs of research and training in the areas of accounting, decision sciences, finance, marketing, management, and operations management. MBA | PhD

9. Chicago Graduate School of Business, University of Chicago
The GSB offers two full-time and three part-time M.B.A. programs, six joint degree options, and a Doctoral Program. The MBA programs include a two year Full Time MBA and an International Full Time MBA which includes work or study abroad. MBA | PhD

10. University of Michigan Business School, Ann Arbor
The Business School offers a two year Full Time MBA, a Masters in Accounting program in addition to part time and executive education programs. The School also offers a Doctoral Program leading to a PhD in one of the following areas - Accounting, International Business, Computer and Information Systems, Marketing, Corporate Strategy, Operations Management, Finance, Organizational Behavior and Human Resource Management. BBA | MBA | PhD

11. Tuck School of Business at Dartmouth (NH)
Tuck School of Business has been at the forefront of business education since 1900 as the first graduate school of management. Tuck offers only one degree program - the Full Time MBA. The School admits between 200 to 250 students each year. MBA

12. New York University Stern School of Business (NY)
The Stern School of Business offers Full Time MBA and Executive MBA programs. In addition, the school also offers Undergraduate Program and a Doctoral Program in Business Management. UG | MBA | PhD

13. The Anderson School at UCLA (CA)
The Anderson School offers a variety of MBA programs to suit different needs. The Full Time MBA Program, The Fully Employed MBA Program and the Executive MBA Program. In addition, the school also offers Doctoral Program leading to a PhD in Management. The School admits less than 8 percent of all applicants into the Doctoral Program each year. MBA | PhD

14. Yale School of Management (CT)
One of the leading business schools offers enrolment to about 250 students each year. In the academic year beginning Fall 2002, the range of GMAT score was 640-750 with 34% of the admissions being given to international applicants. The Doctoral Program offers specialization in Accounting, Financial Economics and Marketing. MBA | PhD

15. Darden Graduate School of Business Administration (VA)
Darden Graduate School at University of Virginia at Charlottesville, VA offers a two-year Full Time MBA. The School also has an Executive MBA and Doctoral Program The School has authorized major fields in Finance, Management, Marketing, and Operations Management. In making its admissions decisions each year, the School may choose not to admit doctoral students to a particular field. MBA | PhD

Quick reckoner to Top Business Schools in the world
Stanford Business School (CA), USA., Harvard Business School (MA), USA, Kellog School of Management, Northwestern University (IL), USA, Wharton School of Univesity of Pennsylvania, USA, INSEAD, France, London Business School, UK, MIT Sloan School of Management (MA), USA, IMD, Switzerland, Colombia Business School (NY), USA, Haas School of Business, University of California, Berkeley, US, The Fuqua School of Business, Duke University (NC), US, Chicago Graduate School of Business, US, University of Michigan Business School, Ann Arbor, USA, Melbourne Business School, University of Melbourne, Australia, Indian Institute of Management, Ahmedabad, India, National University of Singapore, Business School, Singapore, Asian Institute of Management, Manila, Philippines.

THE GLOBAL TOP 100 B Schools-2007

School name Country Rank in 2007 Rank in 2006 Rank in 2005 3 year average rank

University of Pennsylvania: Wharton U.S.A. 1 1 1 1
Columbia Business School U.S.A. 2 4 3 3
Harvard Business School U.S.A. 3 2 1 2
Stanford University GSB U.S.A. 3 3 4 3
London Business School U.K. 5 5 5 5
University of Chicago GSB U.S.A. 6 6 6 6
Insead France/ Singapore 7 8 8 8
New York University: Stern U.S.A. 8 7 9 8
Dartmouth College: Tuck U.S.A. 9 8 7 8
Yale School of Management U.S.A. 10 11 9 10
Instituto de Empresa Spain 11 12 19 14
Ceibs China 11 21 22 18
IMD Switzerland 13 14 13 13
MIT: Sloan U.S.A. 14 10 13 12
University of Cambridge: Judge U.K. 15 35 42 31
Iese Business School Spain 16 13 12 14
UCLA: Anderson U.S.A. 17 19 26 21
HEC Paris France 18 22 37 26
University of Michigan: Ross U.S.A. 19 14 16 16
Northwestern University: Kellogg U.S.A. 19 17 11 16
University of Oxford: Saïd U.K. 19 20 25 21
Manchester Business School U.K. 22 22 44 29
Duke University: Fuqua U.S.A. 23 27 18 23
Esade Business School Spain 24 27 35 29
UC Berkeley: Haas U.S.A. 25 16 13 18
University of Virginia: Darden U.S.A. 26 24 20 23
University of Toronto: Rotman Canada 27 24 21 24
Lancaster University Management School U.K. 28 30 39 32
Cornell University: Johnson U.S.A. 29 36 24 30
RSM Erasmus University Netherlands 30 24 29 28
University of Maryland: Smith U.S.A. 30 38 30 33
University of North Carolina: Kenan-Flagler U.S.A. 32 29 17 26
Emory University: Goizueta U.S.A. 33 42 27 34
Georgetown University: McDonough U.S.A. 34 36 32 34
University of Arizona: Eller U.S.A. 34 - 60 -
Warwick Business School U.K. 36 52 53 47
Cranfield School of Management U.K. 37 46 58 47
Michigan State University: Broad U.S.A. 38 31 49 39
University of Illinois at Urbana-Champaign U.S.A. 38 39 48 42
University of Rochester: Simon U.S.A. 38 40 27 35
University of Western Ontario: Ivey Canada 41 31 34 35
SDA Bocconi Italy 42 34 42 39
Carnegie Mellon: Tepper U.S.A. 43 41 32 39
Pennsylvania State: Smeal U.S.A. 43 42 55 47
University of Iowa: Tippie U.S.A. 45 33 35 38
University of Minnesota: Carlson U.S.A. 45 57 52 51
Rice University: Jones U.S.A. 47 67 47 54
Purdue University: Krannert U.S.A. 48 77 - -
York University: Schulich Canada 49 18 22 30
Australian Graduate School of Management Australia 49 75 84 69
University of California at Irvine: Merage U.S.A. 49 82 64 65
Boston College: Carroll U.S.A. 52 57 - -
University of Cape Town South Africa 52 66 82 67
SMU: Cox U.S.A. 54 72 60 62
Edinburgh University Management School U.K. 54 82 93 76
Imperial College London: Tanaka U.K. 56 47 53 52
Brigham Young University: Marriott U.S.A. 57 45 49 50
Thunderbird: Garvin U.S.A. 57 54 66 59
University of Washington Business School U.S.A. 57 61 93 70
Arizona State University: Carey U.S.A. 57 72 66 65
Vanderbilt University: Owen U.S.A. 61 59 31 50
Boston University School of Management U.S.A. 62 50 44 52
University of Texas at Austin: McCombs U.S.A. 62 62 57 60
Coppead Brazil 62 92 86 80
University of Notre Dame: Mendoza U.S.A. 65 59 39 54
Indiana University: Kelley U.S.A. 65 - - -
Washington University: Olin U.S.A. 67 52 66 62
George Washington University U.S.A. 67 75 97 80
Nanyang Business School Singapore 67 - - -
Bradford School of Management/TiasNimbas Business School U.K./ Netherlands/ Germany 70 65 76 70
Trinity College Dublin Ireland 70 85 98 84
University of South Carolina: Moore U.S.A. 72 - 78 -
City University: Cass U.K. 73 47 60 60
University of Southern California: Marshall U.S.A. 73 54 37 55
University of Bath School of Management U.K. 73 - 96 -
University of California: Davis U.S.A. 76 79 76 77
University of British Columbia: Sauder Canada 77 71 55 68
Birmingham Business School U.K. 78 88 93 86
College of William and Mary: Mason U.S.A. 79 51 73 68
Melbourne Business School Australia 79 69 63 70
National University of Singapore Singapore 81 92 - -
Case Western Reserve: Weatherhead U.S.A. 82 63 49 65
University of Georgia: Terry U.S.A. 83 56 82 73
University of Pittsburgh: Katz U.S.A. 84 - 70 -
Texas A & M University: Mays U.S.A. 85 85 88 86
Nyenrode Business Universiteit Netherlands 85 - - -
Temple University: Fox U.S.A. 87 67 74 76
Wake Forest University: Babcock U.S.A. 88 70 71 76
Babson College: Olin U.S.A. 89 77 64 77
McGill University: Desautels Faculty of Management Canada 90 44 39 57
Ohio State University: Fisher U.S.A. 90 72 79 80
University of Wisconsin-Madison U.S.A. 92 80 - -
Leeds University Business School U.K. 93 82 - -
Nottingham University Business School U.K. 93 100 - -
Tulane University: Freeman U.S.A. 95 - 71 -
University of Durham Business School U.K. 96 94 91 93
Georgia Institute of Technology U.S.A. 97 80 84 87
University College Dublin: Smurfit Ireland 98 89 86 91
University of Miami School of Business U.S.A. 99 - - -
Eada Spain 100 - - -


Top B-schools in India 2007 - by Outlook

Ranking School
7 SP Jain
11 IMT Gaziabad
12 IIM Khozikhode
13 IIFT Delhi
14 ICFAI Hyderabad
15 XIM B
17 IMI Delhi
20 Symbiosis CHRD
21 IFMR Chennai
23 IIFM Bhopal
24 BIMTECH Noida
25 MANAGE Hyderabad
26 IHMR Jaipur
27 BIM Trichy
28 INST of PUBLIC Ent Hyd
29 IIMM Pune
30 IISWBM Kolkatta
33 GIM
34 LBSIM Delhi
35 LIBA Chennai
36 SIES Navi Mumbai
37 IMT Nagpur
38 PSG Coimbatore
39 College of Agri Pantnagar
40 CHRIST Bangalore
42 NIILM Delhi
43 ITM Navi Mumbai
44 DMS Dhanbad
45 IFIM Bangalore
46 IMS Ghaziabad
47 SCMS Cochin
48 JAIPURIA Lucknow
49 ICFAI Mumbai
50 RAJAGIRI Cochin

Top B-schools in India 2007

Business India B-school Ranking 2007
IIM Ahmedabad
IIM Bangalore
IIM Calcutta
Indian School of Business
IIM Lucknow
MDI Gurgaon
ICFAI Business School
SP Jain Inst. of Management
IMT Ghaziabad
Faculty of Management Studies
NMIMS University
International Management Institute
Jamnalal Bajaj Inst. of Management
Xavier Institute of Management
Indian Institute of Foreign Trade
New Delhi
Welingkar Institute
New Delhi
Source: Business India, October 21, 2007

The Top 10



1 1 1 1 Indian Institute of Management, Ahmedabad
2 2 2 2 Indian Institute of Management, Bangalore
3 4 3 3 Indian Institute of Management, Calcutta
4 8 5 6 Symbiosis, Pune
5 6 7 5 Indian Institute of management, Lucknow
6 5 4 4 XLRI, Jamshedpur
7 9 8 7 JBIMS, Mumbai
8 17 NR NR Indian Institute of Management, Indore
9 3 6 8 Faculty of Management Studies, Delhi
10 7 14 NR Indian Institute of Foreign Trade, Delhi


Top 10 in alphabetical order

Rank College
Rank College

Fore School of Management, New Delhi
51 Integrated Academy of Management & Tech., Ghaziabad.

Indian Institute of Foreign Trade, New Delhi
52 ICFAI Business School, Kolkata.

Indian Institute of Management, Ahmedabad
53 RIMS Institute of Management Studies, Rourkela.

Indian Institute of Management, Bangalore
54 College of Mgmt Studies, Gitam, Visakhapatnam.

Indian Institute of management, Calcuta
55 MATS School of Business, Bangalore.

Management Development institute, Gurgaon
56 SDM Institute for Management Development, Mysore.

NITIE, Mumbai
57 Institute of Technology and Management, Chennai.

SP Jain Institute of Management and Research, Mumbai
58 Apeejay School of Management, New Delhi

Xavier Institute of Management, Bhubaneshwar
59 Rajagiri School of Management, Cochin.
60 N.L Dalmiya Inst of Management Studies and Research, Mumbai

Xavier Labour Relations institute, Jamshedpur
61 Dhruva College of Management, Hyderabad.
11 Institute of Management Technology, Ghaziabad
62 Gian Jyoti Institute of Management and Technology, Mohali
12 ICFAI Business School , Hyderabad
63 India International Institute of Management, Jaipur
13 Dept. of Management Studies, IIT Delhi
64 School of Management Studies, Univ. of Hyderabad, Hyderabad
14 International Management Institute, New Delhi
65 Siva Sivani Institute of Management, Secunderabad.
15 University Business School, Chandigarh
66 Institute of Finance and International Management, Bangalore
16 TA Pai Management Institute, Manipal
67 B.L.S. Institute of Management, Ghaziabad
17 Goa Institute of Management, Goa
68 I.I.M.T. Management College, Meerut
18 Indian Institute of Forest Management
69 ICFAI Business School, Bangalore
19 Lal Bahadur Shastri Institute of management, New Delhi
70 Indian Institute Of Business Management, Patna
20 Inst. of Mgmt, Nirma University of science, Ahmedabad
71 Indian Institute of Cost and Management Studies and Research, Pune
21 NIILM Center of Management Studies, New Delhi
72 KLS Institute of Mgmt.Education and Research, Belgaum
22 Wellingkar Institute of Mgmt Devpt & Research, Mumbai
73 Alagappa Institute of Management, Karaikuddi
23 KJ Somaiya Inst studies and Research, Mumbai
74 Eastern Institute for Integrated Learning in Management, Kolkata
24 Bhartidasan Institute of Management, Tiruchirapalli
75 Invertis Institute of Management Studies, Bareilly
25 ICFAI Business School, Mumbai
76 Vaikunth Mehta National Institute of Cooperative Mgmt.,Pune
26 ICFAI Business school, Gurgaon
77 Department of Management Studies, National Institute of Tech. , Tiruchi
27 Fortune Institute of International Business
78 India Business Academy, Bangalore
28 Alliance Business Academy, Bangalore
79 Institute of Science And Management, Ranchi
29 Institute of financial Management and Research
80 Institute of Productivity and Management, Ghaziabad
30 Regional College of Management, Bhubaneshwar
81 Ambedkar Institute of Management Studies, Vishakapatnam
31 Institute for Technology and Management, Mumbai
82 Institute of Technology and Management, Bangalore
32 Institute for Management Studies, Ghaziabad
83 United Institute of Management, Allahabad
33 SIES College of Management Studies,Mumbai
84 St. Josephs College Of Business Administration, Bangalore
34 Gitam Institute of Foreign Trade, Visakhapatnam
85 Warangal Institute of Management, Warangal
35 Dept of Commerce, Delhi School of Economics, Delhi
86 Eastern Institute of Management, Kolkata
36 Institute of Public Enterprize, Hyderabad
87 Dept. of Business Administration, Guwahati University, Guwahati
37 PSG Institute of Management, Coimbatore.
88 Tilak Raj Chaddha Institute of Mgmt. and Tech.,Yamuna Nagar
38 Loyola Institute of Business Administration, Chennai.
89 A.V. Post Graduate Center, Hyderabad
39 Jagan Institute of Management Studies, New Delhi.
90 Integral Institute of Advanced Management (I.I.A.M.), Vishakapatnam
40 Graduate School of and Administration, Greater Noida.
91 Shiva Institute of Management Studies, Ghaziabad
41 Prestige Institute of Management & Research, Indore.
92 Maharaja Agrasen Institute of Management and Technology, Jagadhri
42 Indian Institute of Social Welfare & Business Management, Kolkata.
93 Mangalmay Institute of Management and Technolgy, Greater Noida
43 Master School of Management, Meerut.
94 Institute of Management Studies, Noida
44 Indian Institute of Rural Management, Jaipur.
95 International Institute of Professional Studies, Indore
45 Indian Institute of Modern Management, Pune.
96 Aravalli Institute of Management, Jodhpur
46 Institute of Management Studies, Indore.
97 Deccan School Of Management, Hyderabad
47 Indian Institute of Health Management Research, Jaipur.
98 Skyline Business School, New Delhi
48 Jaipuria Institute of Management, Lucknow.
99 Indian centre for Telecom and Management, Pune
49 Xavier Vignana Jyothi Institute of Management, Secunderabad.
100 Institute of Management and Information Science, Bhubhaneshwar
50 School of Communication & Management Studies, Cochin.


MBA / B-school Rankings by outlook

Rank Name of the institute Last year rank
Rank Name of the institute
1 IIM, Ahmedabad 1
26 ITM, Navi Mumbai
2 IIM, Bangalore 3
27 NIILM, New Delhi
3 IIM, Calcutta 2
27 PSG Institute of Management, Coimbatore
4 MDI, Gurgaon 4
28 Amrita School of Business,Coimbatore
5 SP Jain Inst., Mumbai 8
29 JIMS, New Delhi
6 IIFT, New Delhi 9
30 FMS, Varanasi
31 Jaipuria Institute of Management, Lucknow
7 NMIMS, Mumbai 10
32 IMS, Ghaziabad
8 XIM, Bhuvaneshwar 12
33 IMS, DAU, Indore
8 IMT, Ghaziabad 10
34 St Josephs College, Bangalore
34 Regional College of Management, Bhubaneshwar
9 ICFAI, Hyderabad 11
35 Mount Carmel Institute of Management, Bangalore
10 IMI, Delhi 14
36 N.L. Dalmia Institute, Mumbai
11 UBS,Chandigarh

37 SCMS, Kochi
12 Welingkar Inst. of Management Development,Mumbai

38 Rajagiri School of Management, Kochi
13 T.A. Pai Management Institute,Manipal

39 Prestige Institute of Management, Indore
13 Amity Business School,Noida

40 PCTE, Ludhiana
14 Alliance Business Academy,Bangalore

41 IPM, Ghaziabad
15 IFMR,Chennai

42 Lal Bahadur Shastri Institute, Bareilly
16 Nirma Institue of Management,Ahmedabad

43 Gitam Institute of Foreign Trade, Vizag
17 Lal Bahadur Shastri Institute,New Delhi

44 SDM Institute for Management, Mysore
17 K.J. Somaiya Institute, Mumbai
18 BIM, Tiruchirapalli

45 DMS, University of Jammu, Jammu
19 BIMT, Noida

46 IMIS, Bhubaneshwar
20 IIMM,Pune

47 Chetna's Institute of Management, Mumbai
21 SIES, Navi Mumbai

48 MIT School of Management, Pune
22 LIBA, Chennai

49 Xavier Vignana Jyothi, Secunderabad
23 Christ College Institute, Bangalore

50 Aravali Institute of Management, Jodhpur
24 IIS WBM, Calcutta

25 XIME, Bangalore

COURTESY: OUTLOOK (Sept 19, 2005)

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