How to Choose the Right MBA College in India: A Guide to NIRF Rankings

National Institutional Ranking Framework (NIRF), was introduced by the MHRD (Ministry of Human Resource Development) and launched on September 29, 2015, used to rank institutions in India. The methodology for ranking is based on recommendations from a Core Committee established by the MHRD which determines the general parameters for rating various universities and institutes. Some of the key areas covered by NIRF include Teaching, Learning, and Resources, Research and Professional Practices, Graduation Outcomes, Outreach and Inclusivity, and Perception.

List of MBA Institutes in India based on NIRF 2023

The table below presents the list of top MBA colleges according to NIRF 2023, by state, along with their scores and rankings.

List of MBA Institutes in India based on NIRF 2024
Institute	City	Score	Ranking
Aligarh Muslim University	Aligarh	51.18	55
Alliance University	Bengaluru	45.55	87
Amity University Haryana, Gurgaon	Gurugram	46.07	81
Amrita Vishwa Vidyapeetham	Coimbatore	57.02	30
Atal Bihari Vajpayee Indian Institute of Information and Management	Gwalior	49.13	68
BML Munjal University	Gurgaon	48.27	72
Babasaheb Bhimrao Ambedkar University	Lucknow	46.61	78
Banaras Hindu University	Varanasi	51.07	56
Bharathidasan Institute of Management	Tiruchirappalli	45.59	86
Birla Institute of Management Technology	Greater Noida	51.74	48
Birla Institute of Technology	Ranchi	46.96	77
Chandigarh University	Mohali	55.98	36
Christ University	Bengaluru	50.69	60
Chitkara University	Rajpura	49.80	64
Fore School of Management	New Delhi	49.85	63
Galgotias University	Gautam Budh Nagar	44.30	91
Goa Institute of Management	Sanquelim	56.28	33
Graphic Era University	Dehradun	49.77	65
Great Lakes Institute of Management, Gurgaon	Gurgaon	49.95	62
Great Lakes Institute of Management	Chennai	56.62	31
Guru Gobind Singh Indraprastha University	New Delhi	49.71	66
Guru Jambheshwar University of Science and Technology	Hisar	42.13	100
ICFAI Foundation for Higher Education, Hyderabad	Hyderabad	54.29	40
IIM Ahmedabad	Ahmedabad	83.20	1
IIM Amritsar	Amritsar	51.30	51
IIM Bangalore	Bengaluru	80.89	2
IIM Bodh Gaya	Gaya	51.28	53
IIM Calcutta	Kolkata	75.53	4
IIM Indore	Indore	71.95	8
IIM Jammu	Jammu	54.17	41
IIM Kashipur	Kashipur	61.07	19
IIM Kozhikode	Kozhikode	76.48	3
IIM Lucknow	Lucknow	74.11	6
IIM Nagpur	Nagpur	53.41	43
IIM Raipur	Raipur	66.18	11
IIM Ranchi	Ranchi	59.99	24
IIM Rohtak	Rohtak	65.88	12
IIM Sambalpur	Sambalpur	50.90	58
IIM Shillong	Shillong	59.12	26

NIRF MBA Ranking 2023 Vs Past Rankings: Top 20 B-schools

B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022	NIRF Ranking 2021	NIRF Ranking 2020
Indian Institute of Management Ahmedabad	0	1	1	1
Indian Institute of Management Bangalore	0	2	2	2
Indian Institute of Management Kozhikode	2	5	4	6
Indian Institute of Management Calcutta	-1	3	3	3
Indian Institute of Technology, Delhi	-1	4	5	8
Indian Institute of Management Lucknow	0	6	7	4
National Institute of Industrial Engineering, Mumbai	2	9	12	12
Indian Institute of Management Indore	-1	7	6	7
Xavier Labour Relations Institute (XLRI)	-1	8	8	9
Indian Institute of Technology, Bombay	1	11	10	11
Indian Institute of Management Raipur	3	14	15	19
Indian Institute of Management Rohtak	4	16	28	21
Management Development Institute, Gurugram	0	13	11	10
Indian Institute of Technology, Kharagpur	-2	12	9	5
Indian Institute of Technology Madras	-5	10	13	14
Indian Institute of Management Udaipur	6	22	18	17
Symbiosis Institute of Business Management	0	17	20	22
Indian Institute of Technology, Roorkee	1	19	14	12
Indian Institute of Management Kashipur	4	23	33	33
S.P. Jain Institute of Management & Research	1	21	19	18

Top 10 MBA Institutes in India 2023

NIRF ranks colleges annually to guide students in choosing their MBA institution. The following table presents the top 10 MBA colleges, along with their global rankings.

Top 10 MBA Institutes in India 2024
Institute	NIRF Ranking 2023	Global Ranking
IIM Ahmedabad	1	41
IIM Bangalore	2	47
IIM Calcutta	4	67
IIM Indore	8	–
IIM Kozhikode	3	–
IIM Lucknow	6	85
IIM Mumbai (formerly known as NITIE)	7	–
IIT Delhi	5	–
IIT Bombay	10	–
XLRI-Xavier School of Management	9	99

IIMs in NIRF Management Ranking 2023

All the IIMs have been ranked among the top B-schools in NIRF Ranking 2023.

B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022
Indian Institute of Management Ahmedabad	0	1
Indian Institute of Management Bangalore	0	2
Indian Institute of Management Kozhikode	2	5
Indian Institute of Management Calcutta	-1	3
Indian Institute of Management Lucknow	0	6
Indian Institute of Management Indore	-1	7
Indian Institute of Management Raipur	3	14
Indian Institute of Management Rohtak	4	16
Indian Institute of Management Udaipur	6	22
Indian Institute of Management Kashipur	4	23
Indian Institute of Management Tiruchirappalli	-4	18
Indian Institute of Management Ranchi	-9	15
Indian Institute of Management Shillong	0	26
Indian Institute of Management Visakhapatnam	4	33
Indian Institute of Management Jammu (IIMJ)	-5	36
Indian Institute of Management Nagpur	0	43
Indian Institute of Management, Amritsar	4	55
Indian Institute of Management Bodh Gaya	20	73
Indian Institute of Management Sambalpur	8	66
Indian Institute of Management, Sirmaur	-29	69

Top 10 MBA Institutes in India based on NIRF Placements-wise

The table presents various MBA colleges and their respective placement packages:

Institute	Placement Packages
Indian Institute of Management Ahmedabad	INR 30 lakh
Indian Institute of Management Bangalore	INR 32 lakh
Indian Institute of Management Calcutta	INR 20 lakhs
Indian Institute of Management Kozhikode	INR 25 lakhs
Indian Institute of Technology Delhi	INR 25 lakh

PGDM B-Schools in NIRF Ranking 2023

B School	Ranking Gain loss Last Year	NIRF Ranking
National Institute of Industrial Engineering, Mumbai	4	58
XLRI-Xavier School of Management	-10	52
Management Development Institute, Gurugram	-3	60
S.P. Jain Institute of Management & Research, Mumbai	3	70
Great Lakes Institute of Management, Chennai	NA	NA
Goa Institute of Management	-5	68
International Management Institute New Delhi	NA	NA
MICA, Ahmedabad	1	81
Institute of Management Technology, Ghaziabad	-9	74
T. A. Pai Management Institute Manipal	-9	75
Jaipuria Institute of Management Noida	-6	82
Birla Institute of Management Technology, Greater Noida	-26	63
Institute of Rural Management Anand	6	96
Great Lakes Institute of Management,Gurgaon	-14	78
Fore School of Management, New Delhi	NA	NA
International Management Institute Bhubaneswar	NA	NA

IITs in NIRF Ranking 2023 for Management

The management departments of all IITs details are as under:

B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022
Indian Institute of Technology Delhi	-1	4
Indian Institute of Technology Bombay	1	11
Indian Institute of Technology Kharagpur	-2	12
Indian Institute of Technology Madras	-5	10
Indian Institute of Technology Roorkee	1	19
Indian Institute of Technology Kanpur	-3	20
Indian Institute of Technology (Indian School of Mines), Dhanbad	2	46

Top University B-Schools as per NIRF Management Rankings 2023

Top universities whether Government, Autonomous or Private. A list of such top universities is shared below with their ranking position.

B-school	Ranking Gain/Loss from last year	NIRF Ranking 2022
Symbiosis Institute of Business Management	0	17
SVKM`s Narsee Monjee Institute of Management Studies, Mumbai	4	25
Jamia Millia Islamia,New Delhi	4	29
Indian Institute of Foreign Trade, New Delhi	-3	24
Amity University, Gautam Budh Nagar	0	28
Amrita Vishwa Vidyapeetham, Coimbatore	-3	27
Lovely Professional University, Phagwara	2	34
National Institute of Technology Tiruchirappalli	4	39
Chandigarh University	4	40
University of Petroleum and Energy Studies - UPES, Dehradun	2	41
ICFAI Foundation for Higher Education, Hyderabad	-8	32
K J Somaiya Institute of Management Studies and Research, Mumbai	26	71
XIM University, Bhubaneswar	-11	35
Anna University, Chennai	0	49
Thapar Institute of Engineering and Technology (Deemed-to-be-university)	4	53
Koneru Lakshmaiah Education Foundation University (K L College of Engineering)	-5	47
Aligarh Muslim University	2	57
Banaras Hindu University	-6	50
Siksha `O` Anusandhan, Bhubaneswar	NA	NA
Kalinga Institute of Industrial Technology, Bhubaneswar	-11	48
Christ University, Bengaluru	12	72
Nirma University, Ahmedabad	-16	45
Chitkara University, Rajpura	16	80
Graphic Era University, Dehradun	0	65
Guru Gobind Singh Indraprastha University, New Delhi	-4	62
Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior	-4	64
Malaviya National Institute of Technology, Jaipur	NA	NA
Saveetha Institute of Medical and Technical Sciences, Chennai	6	77
BML Munjal University, Gurgaon	-18	54
Krea University, Sri City, Chittoor	-14	60
National Institute of Technology Calicut	9	84
Birla Institute of Technology, Ranchi	1	78
Babasheb Bhimrao Ambedkar University, Lucknow	9	87
Manipal University, Jaipur	6	85
Amity University Haryana, Gurgaon	11	92
Panjab University, Chandigarh	-15	67
Jain university, Bangalore	11	96
Bharathidasan Institute of Management, Tiruchirappalli	-3	83
Alliance University, Bengaluru	11	98
Galgotias University, Gautam Budh Nagar	2	93
Tezpur University	NA	NA
Pandit Deendayal Energy University, Gandhinagar	-5	89
Visvesvaraya Technological University, Belgaum	-19	76
Jamia Hamdard, New Delhi	4	100
Guru Jambheshwar University of Science and Technology, Hisar	NA	NA

NIRF Management Rankings 2023: Comparison with Top Global and National Rankings.

The parameters and weightage assigned by NIRF Management Rankings are as below:

NIRF Management Rankings 2023

Parameters	Ranking weight
Teaching, Learning & Resources (TLR)	0.30
Research and Professional Practice (RP)	0.30
Graduation Outcomes (GO)	0.20
Outreach and Inclusivity (OI)	0.10
Perception (PR)	0.10

Top 100 B-schools as per NIRF Management Rankings 2023

B-school	Score 2023	Ranking Gain/Loss from last year	NIRF Ranking 2022
Indian Institute of Management Ahmedabad	83.2	0	1
Indian Institute of Management Bangalore	80.89	0	2
Indian Institute of Management Kozhikode	76.48	2	5
Indian Institute of Management Calcutta	75.53	-1	3
Indian Institute of Technology Delhi	74.14	-1	4
Indian Institute of Management Lucknow	74.11	0	6
National Institute of Industrial Engineering, Mumbai	71.99	2	9
Indian Institute of Management Indore	71.95	-1	7
XLRI-Xavier School of Management	70.75	-1	8
Indian Institute of Technology Bombay	68.11	1	11
Indian Institute of Management Raipur	66.18	3	14
Indian Institute of Management Rohtak	65.88	4	16
Management Development Institute, Gurugram	64.88	0	13
Indian Institute of Technology Kharagpur	63.92	-2	12
Indian Institute of Technology Madras	62.83	-5	10
Indian Institute of Management Udaipur	62.78	6	22
Symbiosis Institute of Business Management	62.74	0	17
Indian Institute of Technology Roorkee	62.14	1	19
Indian Institute of Management Kashipur	61.07	4	23
S.P. Jain Institute of Management & Research, Mumbai	60.91	1	21
SVKM`s Narsee Monjee Institute of Management Studies, Mumbai	60.84	4	25
Indian Institute of Management Tiruchirappalli	60.83	-4	18
Indian Institute of Technology Kanpur	60.63	-3	20
Indian Institute of Management Ranchi	59.99	-9	15
Jamia Millia Islamia,New Delhi	59.78	4	29
Indian Institute of Management Shillong	59.12	0	26
Indian Institute of Foreign Trade, New Delhi	58.6	-3	24
Amity University, Gautam Budh Nagar	58.56	0	28
Indian Institute of Management Visakhapatnam	57.57	4	33
Amrita Vishwa Vidyapeetham, Coimbatore	57.02	-3	27
Great Lakes Institute of Management, Chennai	56.62	0	31
Lovely Professional University, Phagwara	56.44	2	34
Goa Institute of Management	56.28	3	36
International Management Institute New Delhi	56.05	-4	30
National Institute of Technology Tiruchirappalli	56.01	4	39
Chandigarh University	55.98	4	40
MICA, Ahmedabad	55.47	5	42
Institute of Management Technology, Ghaziabad	55.26	6	44
University of Petroleum and Energy Studies - UPES, Dehradun	54.83	2	41
ICFAI Foundation for Higher Education, Hyderabad	54.29	-8	32
Indian Institute of Management Jammu (IIMJ)	54.17	-5	36
T. A. Pai Management Institute Manipal	53.48	-4	38
Indian Institute of Management Nagpur	53.41	0	43
Indian Institute of Technology (Indian School of Mines), Dhanbad	52.64	2	46
K J Somaiya Institute of Management Studies and Research, Mumbai	52.14	26	71
XIM University, Bhubaneswar	52.09	-11	35
Jaipuria Institute of Management Noida	51.81	4	51
Birla Institute of Management Technology, Greater Noida	51.74	8	56
Anna University, Chennai	51.67	0	49
Thapar Institute of Engineering and Technology (Deemed-to-be-university)	51.67	4	53
Indian Institute of Management, Amritsar	51.3	4	55
Koneru Lakshmaiah Education Foundation University (K L College of Engineering)	51.29	-5	47
Indian Institute of Management Bodh Gaya	51.28	20	73
Institute of Rural Management Anand	51.19	4	58
Aligarh Muslim University	51.18	2	57
Banaras Hindu University	51.07	-6	50
Siksha `O` Anusandhan, Bhubaneswar	51.03	NA	NA
Indian Institute of Management Sambalpur	50.9	8	66
Kalinga Institute of Industrial Technology, Bhubaneswar	50.78	-11	48
Christ University, Bengaluru	50.69	12	72
Nirma University, Ahmedabad	50.04	-16	45
Great Lakes Institute of Management,Gurgaon	49.95	-10	52
Fore School of Management, New Delhi	49.85	-3	60
Chitkara University, Rajpura	49.8	16	80
Graphic Era University, Dehradun	49.77	0	65
Guru Gobind Singh Indraprastha University, New Delhi	49.71	-4	62
International Management Institute Bhubaneswar	49.3	3	70
Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior	49.13	-4	64
Malaviya National Institute of Technology, Jaipur	48.98	NA	NA
International Management Institute Kolkata	48.43	NA	NA
Saveetha Institute of Medical and Technical Sciences, Chennai	48.34	6	77
BML Munjal University, Gurgaon	48.27	-18	54
Principal L N Welingkar Institute of Management Development and Research, Mumbai	48.21	-5	68
Krea University, Sri City, Chittoor	48	-14	60
National Institute of Technology Calicut	47.99	9	84
National Institute of Bank Management, Pune	47.08	NA	NA
Birla Institute of Technology, Ranchi	46.96	1	78
Babasheb Bhimrao Ambedkar University, Lucknow	46.61	9	87
Manipal University, Jaipur	46.23	6	85
Jaipuria Institute of Management Jaipur	46.15	1	81
Amity University Haryana, Gurgaon	46.07	11	92
Panjab University, Chandigarh	46.05	-15	67
Rajagiri Business School, Cochin	46.03	-9	74
Institute of Management Technology, Hyderabad	45.78	-9	75
Jain university, Bangalore	45.63	11	96
Bharathidasan Institute of Management, Tiruchirappalli	45.59	-3	83
Alliance University, Bengaluru	45.55	11	98
Jagan Institute of Management Studies, Delhi	45.54	-6	82
PSG College of Technology, Coimbatore	45.44	-26	63
Thiagarajar School of Management, Madurai	44.79	6	96
Galgotias University, Gautam Budh Nagar	44.3	2	93
Jaipuria Institute of Management Lucknow	44.22	-14	78
Tezpur University	44.01	NA	NA
Pandit Deendayal Energy University, Gandhinagar	43.92	-5	89
Visvesvaraya Technological University, Belgaum	43.84	-19	76
Jamia Hamdard, New Delhi	43.74	4	100
National Institute of Agricultural Extension Management, Hyderabad	43.47	NA	NA
Indian Institute of Management, Sirmaur	43.26	-29	69
New Delhi Institute Of Management	42.61	NA	NA
Guru Jambheshwar University of Science and Technology, Hisar	42.13	NA	NA