Top NIRF Ranked MBA Colleges in India Based on 2024 Rankings
The NIRF-Ranked MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi, XLRI, etc. There are 5700+ MBA colleges in India, of which 3811 are Private, 535 are owned by Government/ Public organizations, and 80 are owned by public-private partnerships.
- IIM Ahmedabad is the best MBA college in India, as per NIRF Ranking for 2024.
- IIM Kozhikode has maintained the 3rd rank in 2024. It attained Rank 3 in 2023, and Rank 5 in 2022. Check MBA Admissions 2025
- IIM Calcutta slipped to Rank 5 this year. It attained Rank 4 in 2023, and Rank 3 in 2022.
- IIM Mumbai (NITIE) has attained Rank 6 in the NIRF 2024 Ranking. It is constantly improving its Ranking. In 2022 it jumped from Rank 17 to Rank 9, and in 2023 it managed to secure Rank 7.
- IIT Delhi, XLRI Jamshedpur, and IIT Bombay are the non-IIM colleges ranked in the Top 10 in the NIRF 2024 Ranking.
- The IIMs' selection criteria are based on the candidate's performance in the Written Ability Test (WAT) and Personal Interview (PI), as well as the candidate's CAT score, work experience, gender diversity, work history, and overall academic record. Check MBA entrance exams
NIRF Management Ranking 2024
The top 10 NIRF-ranked MBA colleges in India have been listed below. Check the list of top 10 MBA Colleges in India
| NIRF 2024 Rank | College Name | NIRF Score |
|---|---|---|
| 1 | IIM Ahmedabad | 83.32 |
| 2 | IIM Bangalore | 81.16 |
| 3 | IIM Kozhikode | 77.90 |
| 4 | IIT Delhi | 76.25 |
| 5 | IIM Calcutta | 75.07 |
| 6 | IIM Mumbai | 74.73 |
| 7 | IIM Lucknow | 74.43 |
| 8 | IIM Indore | 73.53 |
| 9 | XLRI | 68.13 |
| 10 | IIT Bombay | 67.16 |
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Top NIRF-Ranked MBA Colleges in India
National Institutional Ranking Framework - NIRF is a method that the Indian government adopts to rank top educational institutions. It is under the Ministry of Education and ranks a college/ university based on various parameters. Every year, NIRF publishes ranking lists of top institutions in India for various domains. NIRF is the most trustworthy and popular Ranking agency in India. Check the Ranking of Top MBA Colleges in India
NIRF ranks the institutions across India based on 5 parameters. These are- (1) Teaching, Learning & Resources, (2) Research and Professional Practice, (3) Graduation Outcomes, (4) Outreach and Inclusivity, and (5) Perception.
The table below highlights the top NIRF-ranked MBA colleges in India.
| College Name | NIRF Rank 2024 | NIRF Rank 2023 | NIRF Score (2024) |
|---|---|---|---|
| IIM Ahmedabad | 1 | 1 | 83.32 |
| IIM Bangalore | 2 | 2 | 81.6 |
| IIM Kozhikode | 3 | 3 | 77.90 |
| IIT Delhi | 4 | 5 | 76.25 |
| IIM Calcutta | 5 | 4 | 75.07 |
| IIM Mumbai | 6 | 7 | 74.73 |
| IIM Lucknow | 7 | 6 | 74.43 |
| IIM Indore | 8 | 8 | 73.53 |
| XLRI | 9 | 9 | 68.13 |
| IIT Bombay | 10 | 10 | 67.16 |
| Management Development Institute | 11 | 13 | 66.85 |
| IIM Rohtak | 12 | 12 | 66.49 |
| Symbiosis Institute of Business Management | 13 | 17 | 65.13 |
| IIM Raipur | 14 | 11 | 64.40 |
| Indian Institute of Foreign Trade [IIFT] | 15 | 27 | 62.36 |
| IIT Madras | 16 | 15 | 61.73 |
| Indian Institute of Management Ranchi [IIM Ranchi] | 17 | 24 | 61.27 |
| IIT Roorkee, Uttarakhand | 18 | 18 | 61.21 |
| IIT Kharagpur, West Bengal | 19 | 14 | 61.03 |
| SPJIMR | 20 | 20 | 60.97 |
| NMIMS | 21 | 21 | 60.96 |
| IIM Udaipur | 22 | 16 | 60.93 |
| IIM Kashipur | 23 | 19 | 60.82 |
| IIM Shillong | 24 | 26 | 60.49 |
| Jamia Millia Islamia | 25 | 25 | 60.32 |
| IIM Visakhapatnam | 26 | 29 | 59.20 |
| IIM Tiruchirappalli | 27 | 22 | 57.67 |
| Amrita Vishwa Vidyapeetham | 28 | 30 | 57.40 |
| Amity University | 29 | 28 | 57.23 |
| IIT Kanpur | 30 | 23 | - |
Top NIRF-Ranked Private MBA Colleges in India
Private MBA Colleges in India have several advantages over government MBA colleges. This includes smaller class sizes and frequent and personalized attention from lecturers. Typically, courses at private colleges are more adaptable, allowing students to customize their education to fit their interests. Check the top Private MBA Colleges in India
The table below enlists the top NIRF-Ranked Private MBA colleges in India for 2024.
| NIRF Ranking 2024 | College Name | NIRF Score |
|---|---|---|
| 9 | XLRI | 68.13 |
| 11 | Management Development Institute | 66.85 |
| 13 | Symbiosis Institute of Business Management | 65.13 |
| 20 | SPJIMR | 60.97 |
| 21 | NMIMS | 60.96 |
| 28 | Amrita Vishwa Vidyapeetham | 57.40 |
| 29 | Amity University | 57.23 |
| 32 | MICA | 56.62 |
| 34 | GLIM Chennai | 56.15 |
| 35 | IMT Ghaziabad | 56.03 |
Top NIRF-Ranked Government MBA Colleges in India
Government colleges are preferred over private colleges since they are more affordable. The alumni networks at government universities are frequently bigger, which is advantageous for networking and job placement. Government institutions have a stronger focus on research, which is beneficial for students who want to work in academics or scientific research. Check Top Government MBA Colleges in India
The following table highlights NIRF-Ranked Government MBA Colleges in India for 2024.
| NIRF Ranking 2024 | College Name | NIRF Score |
|---|---|---|
| 1 | IIM Ahmedabad | 83.32 |
| 2 | IIM Bangalore | 81.16 |
| 3 | IIM Kozhikode | 77.90 |
| 4 | IIT Delhi | 76.25 |
| 5 | IIM Calcutta | 75.07 |
| 6 | IIM Mumbai | 74.73 |
| 7 | IIM Lucknow | 74.43 |
| 8 | IIM Indore | 73.53 |
| 10 | IIT Bombay | 67.16 |
| 12 | IIM Rohtak | 66.49 |
NIRF Ranking Methodology 2024
NIRF assigns rankings to colleges/universities based on certain parameters. Before the establishment of NIRF, commercial organizations typically ranked higher education institutions.
- NIRF 2024 has ranked colleges/universities in 16 different categories. These categories are- overall, universities, colleges, engineering, management, pharmacy, law, medical, architecture, dental, research, agriculture and allied sectors, innovation, open university, skill university, and state public university.
- The ranking includes 16 separate categories and is based on uniform criteria. These are the various parameters used by NIRF for ranking colleges/universities in India- "Teaching, Learning and Resources", "Research and Professional Practice", "Graduation Outcomes", "Outreach and Inclusivity" and " Peer Perception."
NIRF Ranking Parameters & Weightage 2024
NIRF ranks Indian universities and colleges according to their performance on five different criteria:
- Teaching, Learning, and Resources (TLR)
- Research and Professional Practice (RP)
- Outreach and Inclusivity (OI)
- Graduation Outcomes (GO)
- Peer Perception (PR)
| NIRF Ranking Parameters & Sub-Parameters | Marks Assigned | Total Marks & Ranking Weightage |
|---|---|---|
| Teaching, Learning and Resources | Total Marks: 100 Ranking Weightage: 0.30 |
|
| Student Strength | 20 | |
| Faculty Student ratio | 25 | |
| Faculty with Ph.D | 20 | |
| Financial Resources & Utilisation | 20 | |
| Online Education | 10 | |
| Multiple Entry/Exit, Indian Knowledge System and Regional languages | 5 | |
| Research and Professional Practice | Total Marks: 100 Ranking Weightage: 0.30 |
|
| Publications | 30 | |
| Citations | 30 | |
| Patents | 15 | |
| Research Projects | 15 | |
| Publication & Citation in SDG’s | 10 | |
| Graduation Outcome | Total Marks: 100 Ranking Weightage: 0.20 |
|
| Placement & Higher Studies | 40 | |
| University Examinations | 15 | |
| Median Salary | 25 | |
| Ph.D. Students | 20 | |
| Outreach and Inclusivity | Total Marks: 100 Ranking Weightage: 0.10 |
|
| Region Diversity | 30 | |
| Women Diversity | 30 | |
| Economically and socially challenged student | 20 | |
| Physically challenged students | 20 | |
| Perception | Total Marks: 100 Ranking Weightage: 0.10 |
|
| Peer Perception: Academic Peers and Employers | 100 | |
Top MBA Entrance Exams in India
The most common entrance examinations in India are CAT, MAT, XAT, GMAT, etc. The most significant entrance exam for MBA admission in India is CAT. Other MBA entrance tests are typically exclusive to a certain state or institute.
The application deadlines for the MBA entrance exams for the academic year 2025-26 are listed in the table below.
| Exam Name | Registration Date | Exam Date | Result Date |
|---|---|---|---|
| MAH CET (Tentative) | January (first week), 2025- February (second week), 2025 | March (first week), 2025 | April (last week), 2025 |
| ATMA | November (last week), 2024-February (second week), 2025 | February (third week), 2025 | March (first week), 2025 |
| CAT | August 1, 2024- September 13, 2024 | November 24, 2024 | December 2024 (Tentative) |
| CMAT | February, 2025- March, 2025 | May 2025 | - |
| GMAT | Throughout the year | Throughout the year | After three weeks from the exam date (approx.) |
| MAT (Tentative) |
For PBT- December (last week), 2024- February 20, 2025 For CBT- (Deadline) March (first week), 2025 For IBT- (Deadline) February (last week)-March (first week), 2025 |
For PBT- February 25, 2025 For CBT- March (second week), 2025 For IBT- February (last week)- March (first week), 2025 |
For PBT- March (third week), 2025 For CBT- March (third week), 2025 For IBT- March (third week), 2025 |
| NMAT | August 1, 2024-October 10, 2024 | November 5, 2024- December 20, 2024 | November 5, 2024- Decmeber 31, 2024 |
| SNAP | August 5, 2024- November 22, 2024 | December 8, 15 and 21, 2024 | January, 2025 (Tentative) |
| XAT | July 15, 2024- November 30, 2024 | January 5, 2025 | January 2025 (Tentative) |
| CUET PG (Tentative) | December (third week), 2024- January (fourth week), 2025 | March, 2025 | April (second week), 2025 |
FAQs
Ques. How are MBA college rankings determined by the NIRF?
Ans. The following five factors are used to determine the NIRF rating of MBA colleges:
- Teaching, Learning, and Resources: This criterion evaluates the standard of the college's instruction, learning, and resources.
- Research and Professional Practice: This criterion rates the caliber of the college's faculty members, and the students' professional practice and research.
- Graduation Outcomes: This factor evaluates the employability of college graduates.
- Outreach and Inclusivity: The college's efforts to promote inclusivity and outreach are evaluated by this metric.
- Peer Perception: This variable evaluates how academicians and professionals in the sector see the college.
Ques. What prerequisites must a student meet to be admitted to MBA programs at NIRF-ranked institutions?
Ans. Different NIRF-ranked colleges have different admissions standards for their MBA degrees. The majority of universities, however, require that applicants have a bachelor's degree with a minimum of 50%, along with a required CAT or GMAT score.
Ques. What is the typical cost of an MBA program at universities with the highest NIRF rankings?
Ans. The average fee for MBA programs is INR 20 lakhs at the highest-ranked business schools.
Ques. What are the advantages of attending an MBA college with a high NIRF ranking?
Ans. Studying at an MBA college with a higher NIRF ranking offers several advantages, such as:
- Availability of top-notch faculty and resources,
- Strong alumni network,
- Exposure to cutting-edge research, and good job opportunities after graduation.
Ques. What is the outreach and inclusivity parameter of NIRF ranking 2024?
Ans. These are the important points on the Outreach and Inclusivity parameter of NIRF Ranking 2024:
- This metric primarily focuses on the proportion of female students, other disadvantaged students, and minority students in a given institution.
- This metric also takes into account the number of economically and socially disadvantaged students that the institute helps through financial assistance in the form of complete tuition fee exemption.
Ques. What is the duration of the MBA programs in these colleges?
Ans. The duration of MBA programs in these colleges is generally two years. However, some colleges may offer executive MBA programs for working professionals, which can have different durations.
Ques. What is the fee structure for MBA programs in these colleges?
Ans. The fee structure for MBA programs in these colleges can vary significantly. It depends on factors such as the institution, program, specialization, and whether the student is from India or abroad. The average fee is INR 20 lakhs.
Ques. Are these colleges internationally recognized?
Ans. Yes, many of these colleges have gained international recognition for their academic excellence, faculty expertise, and alumni network. The IIMs and IITs, in particular, have established a strong global reputation.
Ques. What is the average placement package offered to students of these colleges?
Ans. The average placement packages offered to students of these top MBA colleges can vary each year. However, historically, they have been known to provide attractive placement opportunities with high average salaries ranging from lakhs to crores of Indian Rupees per annum.
Ques. Are these colleges located in specific cities in India?
Ans. These colleges are spread across various cities in India. For example, IIM Ahmedabad is located in Ahmedabad, IIM Bangalore in Bangalore, IIM Calcutta in Kolkata, and IIM Lucknow in Lucknow. Each college has its unique location and campus facilities.
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| CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
|---|---|---|---|---|---|
| #29 |  IIM Rohtak Indian Institute of Management, Rohtak Rohtak, Haryana |AMBA Approved | ₹ 8,95,000MBA/PGDM- 1st Year FeesCompare Fees | ₹ 19,27,000Average Package₹ 48,25,000Highest PackageCompare Placement | 4.1 / 5 Based on 169 User ReviewsBest in Academics | #12th/125 in India 2024  + 3 More |
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