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MBA Colleges Ranking in India NIRF

HRD Ministry, Government of India, NIRF Ranking Framework, MBAUniverse.com, and Business Today publish the top MBA rankings or B-school rankings in India. These rankings will assist you in making an educated decision.

 Saurav Anand
 Saurav Anand 24/09/2022
24/09/2022
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Top MBA Rankings in India

HRD Ministry, Government of India, NIRF Ranking Framework, MBAUniverse.com, and Business Today publish the top MBA rankings or B-school rankings in India. These rankings will assist you in making an educated decision. These MBA College Rankings make an effort to arrive at the most accurate ranking order possible in order to provide a complete picture of management education in India. This page will inform you about the most recent MBA Rankings – NIRF.

Ranking AgencyResearch Methodology (Facts or Perception or Both)Key Focus/Weigthage
NIRF 2021 (Released on September 9, 2021 by Hon’ble HRD Minister Shri Dharmendra Pradhan)
& NIRF 2022
Both with Higher weightage to Teaching & ResearchTeaching, Learning & Resources, Research & Professional Practice – Max Marks/500

People also ask – 

Q. Which are the top MBA colleges in India?

Ans. Some of the top MBA colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more.

Q. How much does MBA in India cost?

Ans. The Average Tuition fee for the top MBA colleges in India is approx. INR 10,68,413.

Q. Which is No 1 College for MBA in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon to name a few.

Q. Which is the best college to do MBA?

Ans. The top 8 business schools in the Global MBA Rankings 2019 are

  • Stanford Business School, US.
  • Harvard Graduate School of Business, US. 
  • The Wharton School at the University of Pennsylvania. 
  • London Business School, UK. 
  • MIT Sloan School of Management, US.
  • INSEAD, Paris.
  • HEC Paris.
  • Columbia Business School, US.

Top MBA Colleges in India as per NIRF Ranking 2022

MHRD-Ministry of Human Resource Development, Government of India’s Top Management Colleges Details about India MBA Colleges Rank 2022 will be released.

The National Institutional Ranking Framework has revealed the list of Top Management in India according to NIRF Rankings 2019. (NIRF).

The Top 10 MBA Colleges list is dominated by the country’s Top IIMs, namely Indian Institute of Management Ahmedabad, Bangalore, and Top MBA City. More information follows the table.

TOP 10 MBA Colleges in India by NIRF

Here are the top 10 Managements Colleges in India according to NIRF rankings.

NIRF RankTop 10 MBA Colleges in IndiaName of CityState
1Indian Institute of Management AhmedabadAhmedabadGujarat
2Indian Institute of Management BangaloreBengaluruKarnataka
3IIM Indian Institute of Management CalcuttaKolkataWest Bengal
4Indian Institute of Management KozhikodeKozhikodeKerala
5Indian Institute of Technology DelhiNew DelhiDelhi
6IIMIndoreMadhya Pradesh
7Indian Institute of ManagementLucknowUttar Pradesh
8Xavier Labour Relations Institute (XLRI)JamshedpurJharkhand
9Indian Institute of TechnologyKharagpurWest Bengal
10Indian Institute of TechnologyMumbaiMaharashtra

11 to 15 Top NIRF India Rankings 2022 MBA Colleges

Here are the top 15 B-School India according NIRF rankings.

NIRF RankTop 15 MBA Colleges India RankingCityState
11Management Development InstituteGurugramHaryana
12National Institute of Industrial EngineeringMumbaiMaharashtra
13Indian Institute of TechnologyChennaiTamil Nadu
14IIT – Indian Institute of TechnologyRoorkeeUttarakhand
15Indian Institute of ManagementRaipurChhattisgarh

16 to 20 Top Rank MBA Colleges in India

Here are the top 20 B-School India according NIRF rankings.

NIRF RankTop 20 MBA Colleges India RankingCityState
16Indian Institute of TechnologyKanpurUttar Pradesh
17IIM Indian Institute of ManagementTiruchirappalliTamil Nadu
18Indian Institute of ManagementUdaipurRajasthan
19S. P. Jain Institute of Management & ResearchMumbaiMaharashtra
20Symbiosis Institute of Business ManagementPuneMaharashtra

21 to 25 Top Rank MBA Colleges in India

Here are the top 25 B-School India according NIRF rankings.

NIRF RankTop 25 MBA Colleges India RankingCityState
21Indian Institute of ManagementJharkhandRanchi
22SVKM`s Narsee Monjee Institute of Management StudiesMumbaiMaharashtra
23Indian Institute of ManagementShillongMeghalaya
24Great Lakes Institute of ManagementChennaiTamil Nadu
25Indian Institute of Foreign TradeNew DelhiDelhi

26 to 30 Top Rank MBA Colleges in India

Here are the top 25 B-School India according NIRF rankings.

NIRF RankTop 30 MBA Colleges India RankingCityState
26International Management InstituteNew DelhiDelhi
27ICFAI Foundation for Higher EducationHyderabadTelangana
28Indian Institute of ManagementRohtakHaryana
29Amity UniversityGautam Budh NagarUttar Pradesh
30Indian Institute of Technology (Indian School of Mines)DhanbadJharkhand

31 to 35 Top Rank MBA Colleges in India

Here are the top 35 B-School India according NIRF rankings.

NIRF RankTop 35 MBA Colleges India RankingCityState
31Kalinga Institute of Industrial TechnologyBhubaneswarOdisha
32T. A. Pai Management InstituteManipalKarnataka
33Indian Institute of ManagementUttarakhandKashipur
34Xavier UniversityBhubaneswarOdisha
35Goa Institute of ManagementSanquelimGoa

36 to 40 Top Rank MBA Colleges in India

Here are the top 40 B-School India according NIRF rankings.

NIRF RankTop 40 MBA Colleges India RankingCityState
36Jamia Millia IslamiaDelhiNew Delhi
37Lovely Professional UniversityPhagwaraPunjab
38Institute of Management TechnologyGhaziabadUttar Pradesh
39Koneru Lakshmaiah Education Foundation UniversityVaddeswaramAndhra Pradesh
40Indian Institute of ManagementNagpurMaharashtra

41 to 45 Top Rank MBA Colleges in India

Here are the top 45 B-School India according NIRF rankings.

NIRF RankTop 45 MBA Colleges IndiaCityState
41BML Munjal UniversityGurgaonHaryana
42Thapar Institute of Engineering and TechnologyPatialaPunjab
43Fore School of ManagementNew DelhiDelhi
44Birla Institute of Management TechnologyUttar PradeshGreater Noida
45Chandigarh UniversityMohaliPunjab

46 to 50 Top Rank MBA Colleges in India

Here are the top 50 B-School India according NIRF rankings.

NIRF RankTop 50 MBA Colleges India RankingCityState
46University of Petroleum and Energy StudiesDehradunUttarakhand
47Banaras Hindu UniversityVaranasiUttar Pradesh
48National Institute of TechnologyTiruchirappalliTamil Nadu
49Aligarh Muslim UniversityAligarhUttar Pradesh
50KREA UniversityChittoorAndhra Pradesh

51 to 55 Top Rank MBA Colleges in India

Here are the top 55 B-School India according NIRF rankings.

NIRF RankTop 55 MBA Colleges India RankingCityState
51Guru Gobind Singh Indraprastha UniversityNew DelhiDelhi
52International Management InstituteKolkataWest Bengal
53PSG College of TechnologyCoimbatoreTamil Nadu
54Chitkara UniversityRajpuraPunjab
55Institute of Rural Management AnandAnandGujarat

NIRF Management Rankings 2021

On September 9, 2021, Hon’ble Minister of HRD Shri Dharmendra Pradhan announced the NIRF Management Ranking 2021. IIM Ahmedabad has kept its top spot, followed by IIM Bangalore, which is ranked second. IIM Kozhikode has surpassed IIM Lucknow to take fourth rank, up from sixth previous year.

The release of NIRF Management Ranking 2021 was conducted virtually like last year.

NIRF Ranking 2021: Key Highlights

  • IIM  Ahmedabad, IIM Bangalore, IIM Calcutta retain their top positions with IIMA #1; IIMB #2; IIM Calcutta #3

Top 10 Gainers in NIRF Ranking 2021

  1. IIM Kozhikode has improved its position and is placed at 4th position this year from 6th place last year.
  2. DMS IIT Delhi has gone up by 3 places to capture 5th place this year, from the  8th place last year
  3. IIM Indore moves up at 6th position this year from 7th last year
  4. XLRI Jamshedpur has moved up to 8th position from 9th last year
  5. IIM Raipur moves up at 15th position from 19th last year
  6. IMI New Delhi has gained two places and is ranked at 26th position this year as against 28th  last year
  7. IIM Shillong has moved up at 23rd position this year from 30th place last year
  8. IIFT New Delhi has moved up to 25th position this year from 26th last year
  9. GIM Goa has moved up at 35th position from 48 last year
  10. IIM Sambalpur has gained more than 15 places and is Ranked #61 this year from the rank band of 76-100 last year

Top Losers in NIRF Ranking 2021

  1. IIM Lucknow which was at 4th position last year slides down to 7th Place
  2. IIT Kharagpur goes down to 9th place this year from 5th last year
  3. IIM Tiruchirappalli has lost its 15th place and has gone down to 17th position
  4. IIM Ranchi has lost its 20th place and has gone down to 22nd position
  5. IIM Rohtak has gone down at 28th position from 21st position last year
  6. IIT Roorkee has lost two places and slides to # 14 this year from #12 last year

New Entrants in NIRF Ranking 2021

  • IIM Amritsar Ranked #67

NIRF MBA Ranking 2021 Vs Ranking 2020: Top 20 B-schools

On September 9, 2021, the NIRF MBA Ranking 2021 announced the entire list of top management colleges. The top 20 management institutes and university management departments in the NIRF Ranking 2021 for MBA are listed below. The patterns show that several elite B-schools that had top positions in previous NIRF Management Rankings have lost their positions, while many others have risen to high rankings.

NamePosition in NIRF Ranking 2021Position in NIRF Ranking 2020
Indian Institute of Management Ahmedabad11
Indian Institute of Management Bangalore22
Indian Institute of Management Calcutta33
Indian Institute of Management, Kozhikode46
Indian Institute of Technology Delhi58
Indian Institute of Management Indore67
Indian Institute of Management Lucknow74
Xavier Labour Relations Institute (XLRI) Jamshedpur89
Indian Institute of Technology, Kharagpur95
Indian Institute of Technology Bombay1011

The National Institutional Ranking Framework (NIRF) Ranking, conducted and compiled by the Ministry of Human Resource Development (MHRD), Government of India, publishes a list of top universities and institutions in many categories. Overall, Universities, Engineering, Colleges, Pharmacy, Medical, Architecture, Dental, Management, Law, and Research are the categories in which institutes are rated. The NIRF Ranking Release procedure had already been postponed owing to the Corona Virus outbreak. Prior to 2020, the rankings were scheduled to be announced in April.

18 IIMs in NIRF Management Ranking 2021

Out of the 20 IIMs, NIRF Ranking 2021 has ranked 16 IIMs among top 75 B-schools. Two baby IIMs which started operation in 2015-16 namely IIM Jammu and IIM Sirmaur are also ranked in the rank band 76-100.

College NameScoreRank 2021Rank 2020Gain/Loss
Indian Institute of Management Ahmedabad83.69110
Indian Institute of Management Bengaluru83.48220
Indian Institute of Management Calcutta80.04330
Indian Institute of Management Kozhikode73.34462
Indian Institute of Management Indore71.1671
Indian Institute of Management Lucknow71.0274-3
Indian Institute of Management Raipur62.1215194
Indian Institute of Management Tiruchirappalli61.11715-2
Indian Institute of Management Udaipur60.941817-1
Indian Institute of Management Ranchi58.262120-1

Top 15 PGDM B-Schools in NIRF Ranking 2021

Many top PGDM B-schools in NIRF Ranking 2021 are placed among top 20 management institutes. Some of the top PGDM B-schools which are highly ranked in NIRF Ranking 2021 include XLRIMDI, and SPJIMR. A list of top PGDM B-schools in NIRF Rankings 2021 is as below:

College NameScoreRank 2021Rank 2020Gain/Loss
Xavier Labour Relations Institute (XLRI) Jamshedpur69.93891
Management Development Institute Gurugram67.591110-1
S. P. Jain Institute of Management & Research Mumbai58.731918-1
Great Lakes Institute of Management Chennai56.752423-1
International Management Institute New Delhi56.2626282
T. A. Pai Management Institute Manipal54.083227-5
Goa Institute of Management Goa52.75354813
Institute of Management Technology Ghaziabad51.613837-1
Fore School of Management New Delhi49.3443430
Birla Institute of Management Technology Greater Noida48.8344473

7 IITs in NIRF Ranking 2021 for Management

This year MHRD has ranked seven IITs among top 30 B-schools in India. While IIT Delhi is ranked #5 place, IIT Dhanbad is ranked #30thposition. The details are as under

College NameScoreRank 2021Rank 2020Gain/Loss
Indian Institute of Technology Delhi72.15583
Indian Institute of Technology Kharagpur69.595-4
Indian Institute of Technology Bombay68.0810111
Indian Institute of Technology Madras Chennai64.3213141
Indian Institute of Technology Roorkee63.791412-2
Indian Institute of Technology Kanpur61.3116160
Indian Institute of Technology (Indian School of Mines) Dhanbad54.543029-1

Top 10 University B-Schools as per NIRF Management Rankings 2021

Apart from IIMs and private PGDM B-schools, NIRF Ranking 2021 has ranked the MBA programmesof  top universities whether Government, Autonomous or Private. A list of such top universities is shared below with their ranking position.

Name of the University offering MBAScoreRank 2021Rank 2020Gain/Loss
Symbiosis Institute of Business Management Pune58.6420222
SVKM`s NarseeMonjee Institute of Management Studies Mumbai57.5322242
Indian Institute of Foreign Trade New Delhi56.5925261
ICFAI Foundation for Higher Education Hyderabad55.822725-2
Amity University GautamBudh Nagar55.09294112
Kalinga Institute of Industrial Technology Bhubaneswar54.3531321
Xavier University Bhubaneswar53.053431-3
Jamia MilliaIslamia New Delhi52.393634-2
Lovely Professional University Phagwara51.85374912
Koneru Lakshmaiah Education Foundation University (K L College of Engineering) Vaddeswaram51.61387032

Finally, here is the list of Top 75 B-schools as per NIRF Management Rankings 2021 as compared to Ranking 2020.

College NameScoreRank 2021Rank 2020Gain/Loss
Indian Institute of Management Ahmedabad83.69110
Indian Institute of Management Bengaluru83.48220
Indian Institute of Management Calcutta80.04330
Indian Institute of Management Kozhikode73.34462
Indian Institute of Technology Delhi72.15583
Indian Institute of Management Indore71.1671
Indian Institute of Management Lucknow71.0274-3
Xavier Labour Relations Institute (XLRI) Jamshedpur69.93891
Indian Institute of Technology Kharagpur69.595-4
Indian Institute of Technology Bombay68.0810111

List of Top 75 MBA College in India: NIRF Ranking 2019

NameStateScoreRank
Indian Institute of Management BangaloreKarnataka81.341
Indian Institute of Management AhmedabadGujarat80.612
Indian Institute of Management CalcuttaWest Bengal79.053
Indian Institute of Management LucknowUttar Pradesh67.294
Indian Institute of Management IndoreMadhya Pradesh67.015
Indian Institute of Technology KharagpurWest Bengal66.646
Xavier Labour Relations InstituteJharkhand65.337
Indian Institute of Management KozhikodeKerala64.828
Indian Institute of Technology DelhiDelhi62.899
Indian Institute of Technology BombayMaharashtra62.7410

Note: Despite the fact that the NIRF Ranking is the most accepted mechanism for distinguishing between an excellent and a great one, The fact that a college is “highly rated” or “prestigious” does not imply that it is the best institution for you.

Remember that one person’s ideal college may be another person’s nightmare. It is always preferable to visit and experience college firsthand.

Source: National Institute of Ranking Framework.

Frequently Asked Questions

Q1. Is IIM better or ISB?

Ans. ISB is better than IIM-A but the problem is that for ISB you need a minimum of 5-year pre-MBA experience and the program is for 1 year however for IIM-A there are no such criteria. IIM-A has both regular 2-year program and also 1-year executive program.

Q2. Which MBA college gives highest salary?

Ans. MBA Placements 2022: Highest/Average package at top MBA institutes in India

MBA instituteHighest CTCAverage CTC
Great Lakes Institute of Management (PGDM)INR 25.80 LPAINR 12.50 LPA
SIBM PuneINR 45.50 LPAINR 23.06 LPA
NMIMS MumbaiINR 57.65 LPAINR 23.07 LPA
ISB HyderabadNAINR 27.13 LPA*
Q3. Which MBA is most demanding?

Ans. Most In-Demand MBA Specializations

  • International Management.
  • Strategy.
  • Consulting.
  • Finance Leadership.
  • Entrepreneurship. 
  • Marketing.
  • Operations Management.
  • IT or Technology Management. A specialized MBA in IT or Technology Management puts MBA graduates at the cutting edge of UX, design, and the flow of information technology.
Q4. What is MBA salary in India?

Ans. Average MBA Salary as per specialization

MBA SpecializationAverage MBA Salary*
MBA FinanceRs 2,00,000 to Rs 14,70,000
MBA Human Resource ManagementRs 4,50,000 to Rs 15,50,000
MBA Information TechnologyRs 10,000 to Rs 6,00,000
MBA Logistics ManagementRs 6,25,000 to Rs 8,50,000

Q5. Which MBA has highest salary in India?

Ans. Gurgoan is the highest paying market with an average salary of Rs 750,000. Bangalore follows up with Rs 730,000. In Mumbai, an MBA gets Rs 732,000, while in Delhi, around Rs 690,000 is given.

Q6. In which country MBA is best?

Ans. Which Are The Most Popular Countries For MBA Students?

  1. United States. The US is top of the list once again. 
  2. United Kingdom. Second on the list is the United Kingdom.
  3. Canada. In third place is another North American country – Canada.
  4. Australia. 
  5. Germany. 
  6. France.
  7. Spain. 
  8. Singapore.

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