Top 10 MBA Colleges in India are listed here as per NIRF Management Ranking 2018. Knowing the Top 10 MBA Colleges in India is important to set your target for pursuing management. Also, the top rankers of CAT and other MBA entrance exam can decide where they want to study by knowing the actual ranking.
The National Institute of Ranking Framework now publishes Top 10 MBA Colleges in India ranking every year. It considers graduation outcomes, outreach, teaching, research, perception as factors for B Schools Ranking. Now on the basis of NIRF Management Ranking 2018, Top 10 MBA Colleges in India are announced. Check the list below.
Top 10 MBA Colleges in India
This is the full list of Top 10 MBA Colleges in India as per NIRF Management Rank 2018. Only the best candidates can clear cut offs of these colleges. We are sure you are also an excellent candidate and with preparation and hard work, you will see yourself in one of these colleges.
1. Indian Institute of Management Ahmedabad
The IIM-A ranked highest by scoring the best of 79.18 out of 100. No wonder it is the first choice for the students aiming for a career in management. The selection process is very vigorous to grab a seat in the institute.
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2. Indian Institute of Management Banglore
The Bangalore and Ahmedabad are considered equal but it secures the second position by scoring 77.33 after the consideration of all the parameters. The institute gives more preference to the students having work experience in the relevant field.
3. Indian Institute of Management Calcutta
The third prestigious management college is IIM-C, it has a cumulative score of 77.08. Its best score is in the graduation outcomes, showing great career opportunities after the completion of course.
4. Indian Institute of Management Lucknow
The Lucknow grabs the fourth position after assessing it on all the five parameters. It has a score of 68.63 and the maximum score is in the Graduation outcome parameter.
5. Indian Institute of Technology Bombay
Now after the most popular IIMs, the IIT’s also have reputation for imparting quality education to the MBA aspirants. The IIT-B has a score of 66.80 to rank in the fifth position.
6. Indian Institute of Management Khozikode
Then comes the prestigious college of Kerala. It scores 65.21 in the NIRF Ranking. It also has the highest score in the graduation outcome parameter.
7. Indian Institute of Technology Kharagpur
IIT Kharagpur in West Bengal has secured a score of 63.36 in the NIRF Ranking. The perception of the institute is less but the graduation outcome is impressive.
8. Indian Institute of Technology Delhi
Now, the IIT-D comes to take its place in one of the top 10 MBA institutes in India. It has an overall score of 63.31, just 0.5 marks less than IIT-Kharagpur. The Delhi campus has impression research and professional practice.
9. Indian Institute of Technology Roorkee
The institute in Uttarakhand has a score of 62.95. It shows great performance in the research and professional practice.
10. Xavier Labour Relations Institute
The Xavier is situated in Jharkhand is the only college in top 10 which accepts the entrance score of XAT exam. Being one of the most aspired colleges of MBA candidates it has a score of 62.66. It shows spectacular performance in terms of graduation outcome.
Significance of Top 10 MBA Colleges in India Ranking
Top 10 B-Schools – Getting into a top reputed b-schools is the dream of every MBA aspirant. In India, there are more than 3000 business schools offering the Master of Business Administration.
A notable number of b-schools claims to provide best and quality management education to the students. Apart from this, MBA school should able to deliver good placements opportunity to its students. So, every MBA aspirant gets baffled to see thousands of choices.
As only a few institutes actually live upto students expectation in term of education, placement, fees, location etc. To help you to know the top 10 b-schools in India, Aglasem has published the list of these colleges according to the NIRF Ranking.
What is NIRF Ranking?
The Ministry of Human Resource Development releases the National Institutional Ranking Framework to rank the institutes of varied fields. Only the ranking of participating colleges will be displayed after considering the various parameters set by the ministry. The rank is according to the core committee set up by MHRD which judge on parameters like Teaching, Learning and Resources, Research and Professional Practices, Graduation Outcomes etc.
Parameters for NIRF Ranking
These are following parameters considered for ranking the institutes. Each of them receives the score out of 100 in a total of 5 parameters as mentioned below.
- Teaching, Learning & Resources
This parameter asses the ranking on the basis of learning quality of the institute. The important aspect is the Faculty-Student ratio considering the permanent faculty in the college/University. Then, comes the combined faculty with Ph.D. (or equivalent) and Experience. It also includes student strength including doctoral students. Regarding the resources, it asses on budget and its utilization.
2. Research and Professional Practice
This parameter checks the quality of research in the institute. It includes combined matric of research and quality of publications. Further, IPR patents: filed, published, granted and licensed. Lastly, footprint of projects and professional practice & executive development programs.
3. Graduation Outcomes
This is the parameter which asses on the outcomes after the completion of a course from an institute. It includes the percentage of placements, metric for university examinations, median salary. Further, metric for graduating students admitted into top Universities & number of Ph.D. students graduated is also taken into consideration.
4.Outreach and Inclusivity
It includes the diversity in the institute. The areas which are taken into consideration are regional diversity, the percentage of women, economically and socially challenged students. Most importantly, facilities for physically challenged students.
This test the perception of an institute in term of research and competitiveness. It includes peer perception, public perception etc.