Management is emerging as the latest educational craze among Indian students. Commonly known as MBA (Masters of Business Applications), this degree is highly popular among graduates because of its promising future prospects.
There exist 3000+ schools in the country to satisfy the demand for MBA. But a very few of them are potent to impart the quality of education, infrastructure, faculty and most important: placements.
Though the IIMs (Indian Institutes of Management) remain the best, undisputed, still there are a few private institutes that provide parallel competition to the IIMs.
The rating of an institute is based mainly upon the following parameters:
- Quality of Students
- Reputation of the institute
According to these criterions, top ten B-Schools in India are:
1. Indian Institute of Management Ahmedabad (IIMA):
The Indian Institute of Management Ahmedabad (IIM Ahmedabad or IIM-A) is a public business school located in Ahmedabad, Gujarat, India. It was the second Indian Institute of Management (IIM) to be established in India. It is consistently ranked as one of the best business schools in India and the Asia-Pacific region.
College Website- http://www.iima.ac.in/
2. Faculty of Management Studies (FMS), Delhi:
Faculty of Management Studies (Commonly known as FMS Delhi), established in 1954 under the aegis of the University of Delhi, offers management education to the professional managers as part-time and full-time MBA programmes.
The tuition Fees at FMS Delhi is one of the lowest and most affordable amongst all Business schools across the country. The Annual tuition fee for MBA-Full Time and Ph.D. programmes at FMS is approximately Rs 10,480 per year.
College Website- http://fms.edu/
3. Indian Institute of Management Bangalore (IIMB):
Located in the heart of India's Silicon Valley: Bangalore, IIMB offers one of the best management courses in India. According to the QS Global 200 Business Schools report, students from IIMB are the world's most academically distinguished with an average GMAT score of 780, considerably higher than those of the likes of Harvard or Stanford.
College Website- www.iimb.ernet.in
4. Indian Institute of Management Calcutta (IIMC):
The Indian Institute of Management Calcutta (IIMC) was established as the national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961.
College Website- https://www.iimcal.ac.in/
5. Xavier Labour Relations Institute (XLRI):
XLRI is a private graduate business school in Jamshedpur, Jharkhand, India. Established in 1949, XLRI is one of the oldest business schools in India. Unlike the IIMs that intake students through CAT, XLRI conducts XAT (Xavier Aptitude Test) for short listing students eligible for admission.
College Website- http://www.xlri.ac.in/
6. Indian Institute of Management Indore ( IIM-I):
Established in 1996, IIM Indore is the sixth in the family of state-supported management schools. Situated atop a scenic hillock, the 193 acre campus of IIM Indore provides an ideal backdrop for contemplative learning.
College Website- http://www.iimidr.ac.in/iimi/
7. Indian Institute of Management Kozhikode (IIMK):
Situated in the scenic state of Kerala, IIMK was founded in 1996 in collaboration with the State Government of Kerala, was the 5th IIM to be established.
College Website- https://www.iimk.ac.in/
8. S.P. Jain Institute of Management and Research (SPJIMR):
SPJIMR, Mumbai is an autonomous institute which is rated among India's top 10 B-schools. SPJIMR is a part of the Bharatiya Vidya Bhavan and operates out of its one and only campus at Munshi Nagar, Dadabhai Road, Andheri West, Mumbai.
College Website- http://www.spjimr.org/
9. Indian Institute of Management Lucknow (IIM-L):
IIML is recognised as an "Institution of Excellence" by the India's Ministry of Human Resource Development. It is ranked among the top 5 B-schools in India.
College Website- www.iiml.ac.in
10. Indian Institute of Foreign Trade (IIFT), Delhi:
The Indian Institute of Foreign Trade is an autonomous public business school established in 1963 by the Government of India to help professionalize the country's foreign trade management and increase exports.
College Website- http://edu.iift.ac.in/iift/landing/index.html