Ranking of MBA colleges and B schools in India

In the late 1900’s the thriving economy of India, it created a constant demand for management professionals. The immense rise in the demand for talented individuals to take on expanding the Indian economy gave birth to a huge gap between supply and demand. To fill in this gap the Indian Government aided in the establishment of numerous excellent B-schools across India. The big recruitment wave for fresh graduates brought a big spurt in the number of private B-Schools across the country. A significant number of these management schools claim superior education and great placements.

Every year lakhs of students plan on taking admission to these colleges hoping to get the best possible education and the right foundation for a successful career in the business world. These MBA aspirants look into a grand list of hundreds of colleges before choosing the right B-school. The grand spectrum of the colleges includes institutes dedicatedly working on the principles of academic excellence on its one end and on the other end are institutes making extensive claims and providing less than a respectable standard of education. Every year the colleges move up or down in the spectrum.

Categorizing the colleges
Numerous governmental and private bodies categorize these schools and create ranking lists every year. The rankings are a result of extensive research and data collection by experts in the industry. Some of the basic parameters used for B-School classification process are:

•    The quality of placements at a b-school i.e. number of students placed and the salary earned by them at placement.

•        * Quality of students entering the school.

•        * Fees charged compared to the quality of facilities offered.

•   * The quality of permanent faculty members and visiting faculty members of the college.

Choosing the best colleges
The top 10 list almost always includes only IIM’s and XLRI. Cut-off in entrance exams for these institutes is very very high. They always have 100% placement and are academically good.

The difference is usually felt in the list of top 30 of management schools of India. These institutes offer high-quality education, faculty, and infrastructure to its students. They also have a 100% placement record and a great average placement package. Students can always read more about the institute, its facilities, courses and placement record on their official website. Students can visit the website for learning about the admission process.

Here is a list of these top-ranked b schools in India for the academic year 2020:

1.        International Management Institute, New Delhi

2.        FORE School of Management, New Delhi

3.        S.P. Jain Institute of Management and Research, Mumbai

4.        Institute of Management Technology, Ghaziabad

5.        Institute for Financial Management and Research, Sri City

6.        SDA Bocconi Asia Center, Mumbai

7.        Management Development Institute, Gurgaon

8.    K. J. Somaiya Institute of Management Studies and Research, Mumbai

9.        MICA, (previously Mudra Institute of Communications), Ahmedabad

10.    Lal Bahadur Shastri Institute of Management, Delhi

11.    Symbiosis Centre for Management and Human Resource Development, Pune

12.    Sydenham Institute of Management Studies and Research and Entrepreneurship Education, Mumbai

13.    Goa Institute of Management, Goa

14.    Narsee Monjee Institute of Management Studies, Bengaluru