Top 10 B-Schools in India

Dushyant Vanaik updated on : 20 Nov 2017
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Know all about the Top 10 Business schools in India right here.

Top 10 B-Schools in India

Top B-Schools in India - Doing an MBA has become immensely popular over the last decade. Thousands of students wish to seek an MBA degree from any of the top management schools in India each year. They prepare and sit for multiple MBA entrance exams aiming to secure admission in the best management schools in the country.

Going by the demand of MBA, students usually have basic knowledge of the top programmes and the top B-Schools in India. But the real decision comes when students have to shortlist colleges. Short listing colleges can be a tedious job since multiple parameters like curriculum, quality of education, learning environment, placement etc. are involved. To make your life a tad easier, we've assembled a rundown of the top 10 B-Schools in India based on the MHRD Rankings 2017, that each management aspirant must have on their college list.

Top 10 B-Schools in India

Indian Institute of Management, Ahmedabad

IIM Ahmedabad, established in 1961, was the second IIM in the country. It is consistently ranked one on the list of top B-Schools in India and the Asia-Pacific region. One of the most sought-after MBA colleges in the country, IIM Ahmedabad offers various postgraduate courses like:

To seek admission in IIM-A, aspirants can appear for the following exams as per the stream:

  • PGP – CAT
  • PGP-AGM – CAT and GMAT
  • PGPX - GMAT

Placements:

The final placement for PGP 2015-17 batches was concluded in three clusters, with Amazon being the top recruiter with 18 offers. In the consulting domain, Mckinsey & Company had the highest recruitment with 15 offers. Goldman Sachs recruited 9 students. HUL was the highest recruiter in Sales and Marketing domain with 7 offers, followed by Samsung, SC Johnson and Procter & Gamble, with 6 offers each. In the General Management sector, TAS was the highest recruiter with 10 offers.

Indian Institute of Management, Bangalore

Established in 1973, IIM Bangalore was the third IIM to be set up after IIM Ahmedabad and IIM Calcutta. Ranking among the top B-Schools in India for a fairly long time, IIM-B is one of the most beautiful campuses located in the Silicon Valley. It offers a plethora of courses, some of which are:

  • Post Graduate Programme in Management (PGP)
  • Post Graduate Programme in Public Policy & Management (PGPPM)
  • Post Graduate Programme in Enterprise Management (PGPEM)
  • Executive Post Graduate Programme in Management (EPGP)
  • Fellow Programme in Management (FPM)
  • Executive Education Programme (EEP)

To seek admission in IIM-B, aspirants can appear for the following exams as per the stream:

  • PGP – CAT (Domestic students), GMAT (International students)
  • FPM – CAT or GATE/GRE/GMAT/JRF/NET or will accept applications without test score
  • PGPEM – With 3 to 7 years work experience: CAT or GRE/GMAT
  • PGPPM – Open Candidates: CAT or GRE/GMAT; Government Services Candidates: Apply through Department of Personnel & Training
  • EPGP – GMAT

Placements:

IIM Bangalore's final placement for PGP 2015-17 batch saw close to 160 recruiters from India and abroad. Nearly 411 students participated, receiving 450 offers in more than 200 profiles. In the Banking and Finance domain, Goldman Sachs was the highest recruiter with 14 offers. Boston Consulting Group (BCG) was the highest recruiter in the Strategy and Consulting domain with 20 offers. Samsung and Microsoft were the highlights in the Technology domain with 5 and 3 offers respectively.

Indian Institute of Management, Calcutta

IIM Calcutta was the first IIM to be set up in India in November 1961 and has since remained among the top three colleges in the list of Top B-Schools in India. IIM Calcutta has played a pioneering role in professionalising Indian management through its Postgraduate, Doctoral Level and Executive Training Programmes. Some of the top courses offered here are:

  • Post Graduate Diploma in Management (PGDM)
  • Post Graduate Programme for Executives (PGPEX)
  • Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM)
  • Fellow Programme in Management (FPM)
  • Post Graduate Diploma in Business Analytics (PGDBA)
  • CEMS Masters in International Management degree

To seek admission in IIM-C, aspirants can appear for the following exams as per the stream:

  • PGDM - CAT (Domestic Students), GMAT (International Students)
  • PGDBA - CAT/GRE/GMAT/GATE
  • PGPEX - GMAT
  • PGPEX-VLM - Separate Aptitude Test
  • FPM - CAT or GMAT/GRE/GATE/NET/JRF

Placements:

IIM-C conducted its final placement process for the PGDM batch 2017, seeing a staggering 29 percent recruitment in the Finance sector. Domestically, the highest package was INR 70 Lacs per annum and the highest international package was 90,000 Euros. The Finance sector was followed by General Management and Consulting sectors as the highest recruiters, from one of the top B-Schools in India.

Indian Institute of Management, Lucknow

The fourth IIM in line, IIM Lucknow was set up in the year 1984 by the Government of India. The Ministry of Human Resource Development recognises IIM-L as an ‘Institution of Excellence.’ IIM-L is consistently ranked among the 5 top B-Schools in India. IIM-L also has a satellite campus in Noida offering executive programmes. Some of the top courses offered at IIM-L are:

  • Post Graduate Programme in Management (PGPM)
  • Post Graduate Programme in Agribusiness Management (PGP-ABM)
  • Post Graduate Programme in Sustainable Management (PGPSM)
  • Working Managers' Programme (WMP)
  • International Programme in Management for Executives (IPMX)
  • Fellowship Programme in Management (FPM)
  • Executive Fellowship Programme in Management (EFPM)

To seek admission in IIM-L, aspirants can appear for the following exams as per the stream:

  • PGPM - CAT (Domestic Students), GMAT (International Students)
  • PGP-ABM - CAT
  • PGP-SM - CAT (Domestic Students), GMAT (International Students)
  • WMP - Written Examination (CAT Pattern)
  • IPMX - GMAT
  • FPM - CAT or GATE/GMAT/GRE/JRF
  • EFPM - CAT/GRE or GMAT/JRF/NET/WMP written test of IIM-L

Placements:

The PGP 2017 batch of 435 students sat for the final placement process at IIM Lucknow with the participation of 170 recruiters. The top recruiting sectors were Finance, Sales and Marketing, Consulting and Business Development. Sales and Marketing saw the maximum recruitment with 26 percent offers followed by 23 percent offers in Finance, 22 percent offers in Consulting and 12 percent offers in IT.

Indian Institute of Management, Kozhikode

IIM Kozhikode is the fifth IIM in India and was established in the year 1996, in collaboration with the State Government of Kerala. IIM-K is the first institute in Asia to offer a distance learning programme in Management for Working Executives. This programme is considered the best distance learning programme in the country today, helping IIM-K rank among the top B-Schools in India consistently. It also has a satellite campus set up in Kochi in 2012. Some of the top courses offered by IIM-K are:

  • Post Graduate Programme (PGP)
  • Executive Post Graduate Programme (EPGP)
  • Fellow Programme in Management (FPM)
  • Management Development Programme (MDP)
  • Faculty Development Programme (FDP)

To seek admission in IIM-K, aspirants can appear for the following exams as per the stream:

  • PGP - CAT (Domestic Students), GMAT (International Students)
  • EPGP – Executive Management Aptitude Test (EMAT, similar to CAT)
  • FPM – CAT/GMAT/GRE/GATE/JRF

Placements:

IIM Kozhikode saw a total of 347 students sitting in the final placement process for PGP batch 2017. 356 offers were made by 110 recruiters with the highest salary package going up to 37 Lacs per annum. The average package was 17.65 Lacs per annum and the highest recruitment was made in the Finance sector.

Department of Management Studies, Indian Institute of Technology, Delhi

The Department of Management Studies, Indian Institute of Technology, Delhi was set up in the year 1993. Popularly known as DMS, it is a school of management education and research which attracts many engineering students every year. Some of the top courses offered by DMS, IIT Delhi are:

  • Master of Business Administration (MBA) - Flagship programme in Management
  • Master of Business Administration in Telecommunications Systems Management
  • Executive MBA Programme - 3 years MBA in Technology Management
  • PhD Programme in Management

To seek admission in DMS, IIT-D, aspirants can appear for the following exams as per the stream:

  • MBA – CAT (Domestic Students), GMAT (International Students)
  • Executive MBA – Written Test
  • MBA in Telecommunications Systems Management - CAT (Domestic Students), GMAT (International Students)
  • PhD – Application Based

Placements:

DMS successfully finished the final placement process for the 2015-17 management batch with 100 percent placement. A total of 46 students participated in the recruitment drive, of which 62 percent were experienced and 38 percent were fresher students. The highest salary offered by some of the top recruiting firms was INR 27.07 Lacs per annum, while the lowest was INR 8.00 Lacs per annum.

Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur

Vinod Gupta School of Management (VGSoM), a part of the prestigious Indian Institute of Technology, Kharagpur, was founded in the year 1993 and is one of the top B-Schools in India. It was set up as the first school of management within the IIT system in 1993 at a time when India had just opened its doors to economic liberalization. Some of the top courses offered at VGSoM, IIT-K are:

  • Master of Business Administration (MBA) - Two- year flagship programme in Management
  • Executive MBA Programme - 3 years MBA Programme for Working Executives
  • PhD Programme in Management

To seek admission in VGSoM, IIT-K, aspirants can appear for the following exams as per the stream:

  • MBA – CAT (Domestic Students), GMAT (International Students)
  • Executive MBA – Written Test

Placements:

The final placement process for the 2015-17 management batch was successfully conducted at VGSoM, IIT-K, recording 100 percent placement, with 95 percent placement in the first phase itself. The highest recruiters were from the Consulting sector, hiring 33 percent of the 81 students registered. The highest salary package was INR 21.15 Lacs per annum and the average package was INR 15.61 Lacs per annum.

Department of Management Studies, Indian Institute of Technology, Roorkee

The Department of Management Studies, Indian Institute of Technology, Roorkee, was set up in the year 1998, following the environment of rapidly evolving global business and commerce in India. The MHRD rankings for management colleges 2017 has ranked DMS, IIT-R, at rank 8 in the list of top B-Schools in India. The department offers MBA degree with specialisation in Marketing, Finance, Information Technology, Operations and Human Resource Management. Aspirants can also apply for Doctoral programmes.

Placements:

The final placement process conducted by DMS, IIT Roorkee, saw a total of 26 recruiters, of which 12 were first-time recruiters. A total of 53 offers were made and 53 students were placed. The Consulting sector saw the highest recruitment (23 percent), followed by Analytics (19 percent), Pre-sales (17 percent) and Relationship Management (17 percent). The highest package secures was 14.5 Lacs per annum with the average package being 10.24 Lacs per annum.

Xavier Labour Research Institute School of Management, Jamshedpur

XLRI - Xavier School of Management was founded in 1949, as Xavier Labour Relations Institute, at Jamshedpur. XLRI is a Jesuit managed school and is not only the oldest and one of the top B-Schools in India but also one of the oldest B-Schools of the world. XLRI started off by offering courses for management and trade unions in 1949. Currently, XLRI offers the following courses:

  • Post Graduate Diploma in Management - Business Management (PGDM-BM)
  • Post Graduate Diploma in Management - General Management (PGDM-GM)
  • Post Graduate Diploma in Management - Global MBA (PGDM-GMBA)
  • Executive Post Graduate Program (Dubai)
  • Post Graduate Diploma in Management - Human Resources Management (PGDM-HRM)
  • Fellowship Programme in Management (FPM)
  • Executive Fellowship Programme in Management (Exec-FPM)
  • Master of Science Program in Positive Organisation Development and Change (MPOD)

To seek admission in XLRI, aspirants can appear for the following exams as per the stream:

  • PGDM (BM) – XAT
  • PGDM (GM) – XAT or GMAT
  • PGDM (GMBA) – XAT or GMAT
  • PGDM (HRM) – XAT
  • FPM – XLRI Research Aptitude Test (XL-RAPT) or GRE/GMAT/GATE/JRF
  • Exec-FPM – Application Based

Placements:

XLRI, Jamshedpur successfully conducted the final placement process for PGDM batch 2017 with 359 students receiving placement offers. A total of 139 companies came for recruitment, of which 42 were first-time recruiters. The average salary package offered was INR 19 Lacs per annum.

Indian Institute of Management, Indore

Set up in 1996, Indian Institute of Management Indore (IIM-I) is the 6th IIM to be instituted by the Department of Higher Education, Ministry of Human Resource Development, Government of India. IIM-I is registered as a Society under Societies Registration Act, 1973. The institute opened a campus in Mumbai in 2011 where it offers its two-year flagship PGP program. The major courses offered by IIM-I are:

  • Post Graduate Program in Management (PGPM) - Flagship two-year, full-time, residential programme
  • Executive Post Graduate Programme in Management (EPGP)
  • Fellow Programme in Management (FPM)
  • Five Year Integrated Programme in Management (IPM)

To seek admission in IIM-I, aspirants can appear for the following exams as per the stream:

  • PGPM – CAT (Domestic Students), GMAT (International Students)
  • EPGP – CAT/GMAT
  • FPM – Application based
  • IPM – Aptitude Test organised by IIM-I, SAT (International Students)

Placements:

IIM Indore completed the final placement process for the PGP batch of 2017 on a high. A total of 611 students participated, including 449 from the PGP Indore campus, 100 from the Integrated Programme in Management (IPM) and 62 from the PGP Mumbai campus. More than 200 companies participated in the process of which 74 were first-time recruiters. The average salary offered was INR 16.23 Lacs per annum. The Strategy and Consulting sector was the highest recruiter with 160 students receiving offers from this domain.

Also Read:

Top B-Schools Accepting CAT 2017Scores

XAT 2018 Participating Institutes

 

MHRD Ranking of MBA colleges in India

Colleges / Institutions

MHRD

(2017)

Indian Institute of Management Ahmedabad (IIM Ahmedabad)

Ahmedabad
User rating:
4.0/5

"IIM REVIEW" 1 Reviews of IIM Ahmedabad

Less Info
1
Ranking improved by 1 positions as compared to last year

IIM Bangalore: Indian Institute of Management Bangalore

Bangalore / Bengaluru
User rating:
4.5/5

"An opportunity provider par excellence" 3 Reviews of IIM Bangalore, IIMB

Less Info
2
Ranking declined by 1 positions as compared to last year

Indian Institute of Management Calcutta (IIM Calcutta)

Kolkata / Calcutta
Less Info
3
Rank unchanged from last year

Indian Institute of Management Lucknow (IIM Lucknow)

Lucknow
Less Info
4
Rank unchanged from last year

Indian Institute of Management Kozhikode (IIM Kozhikode)

Kozhikode
Less Info
5
Ranking improved by 1 positions as compared to last year

Indian Institute of Technology, Delhi

New Delhi
User rating:
4.0/5
Less Info
6

Indian Institute of Technology Kharagpur (IIT Kharagpur)

Kharagpur
User rating:
4.9/5

"IIT Kharagpur is very good college" 12 Reviews of IIT Kharagpur

Less Info
7

Indian Institute of Technology, Roorkee IITR

Roorkee
User rating:
4.0/5

"Review and Experience at IIT Roorkee" 9 Reviews of IIT Roorkee

Less Info
8

Xavier School of Management, Jamshedpur

Jamshedpur
Less Info
9
Ranking improved by 4 positions as compared to last year

Indian Institute of Management Indore (IIM Indore)

Indore
User rating:
4.5/5

"Not a big campus, but big learning" 10 Reviews of IIMI IIM Indore

Less Info
10
Rank unchanged from last year

Indian Institute of Technology Kanpur (IIT Kanpur)

Kanpur
User rating:
4.8/5

"Life at Indian Institute of Technology, Kanpur" 6 Reviews of IIT Kanpur, IITK

Less Info
11
Ranking declined by 2 positions as compared to last year

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