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5 B-Schools That Were Unfairly Ranked in NIRF 2024: Parameters, Placement, Salary

5 B-Schools That Were Unfairly Ranked in NIRF 2024: Parameters, Placement, Salary

Edited By Team Careers360 | Updated on Aug 27, 2024 05:56 PM IST | #IMI Delhi

The NIRF rankings have long been a benchmark for MBA aspirants in India, guiding them toward choosing the right B-school. However, the 2024 rankings have sparked significant debate due to surprising placements that raise questions about the methodology. Many well-regarded institutions have been overshadowed by lesser-known private colleges, despite stronger credentials in parameters like placements, salary packages, academic excellence, and industry connections. Here, we explore five B-schools that, based on their performance and reputation, deserve higher recognition in the NIRF 2024 rankings but seem to have been unfairly placed.

5 B-Schools That Were Unfairly Ranked in NIRF 2024: Parameters, Placement, Salary
5 B-Schools That Were Unfairly Ranked in NIRF 2024: Parameters, Placement, Salary

5 B-Schools That Were Unfairly Ranked in NIRF 2024

The NIRF ranking, introduced by the Government of India, is a significant step toward systematically evaluating Indian institutions based on various parameters.

NIRF MBA Ranking 2024: Parameters

Parameters

Ranking Weight

Teaching, Learning & Resources (TLR)

30%

Research and Professional Practice (RP)

30%

Graduation Outcomes (GO)

20%

Outreach and Inclusivity (OI)

10%

Perception (PR)

10%

NIRF Management Ranking 2024: Year-Wise Rank Difference

Unfairly Ranked Colleges in NIRF 2024

NIRF 2024

Rank Difference

NIRF 2023

IMI Delhi

40

-6

34

TAPMI, Manipal

58

-16

42

KREA University

99

-25

74

K J Somaiya, Mumbai

63

-18

45

BIMTECH, Greater Noida

64

-16

48

Placement details of MBA colleges that were unfairly ranked in the NIRF 2024

Unfairly Ranked MBA Colleges in NIRF 2024

Placement Percentage

Median Salary

IMI Delhi

100%

16,33,000

TAPMI, Manipal

100%

13,50,000

KREA University

100%

13,10,000

K J Somaiya, Mumbai

99%

11,00,000

BIMTECH, Greater Noida

100%

11,00,000

International Management Institute, Delhi

IMI New Delhi was established in 1981 and is India's first corporate sponsored business school. IMI Delhi offers admission in PGDM, PGDM (HRM), PGDM (B&FS), PGDM Online, 18th Month PGDM, and Fellow Program in Management (FPM).

NIRF 2024 Parameters

TLR (100)

RPC (100)

GO (100)

OI (100)

Perception (100)

72.25

26.29

87.23

69.58

9.12

T. A. Pai Management Institute (TAPMI)

TAPMI was established as Manipal Institute of Management in 1980. It is the fifth institute in India to have dual accreditations (AMBA & AACSB). In 1981, it was renamed to T.A. Pai Management Institute in honour of our founder. TAPMI offers full-time programmes in MBA, MBA (BKFS), MBA (HRM), MBA (Marketing), MBA (IB).

NIRF 2024 Parameters

TLR (100)

RPC (100)

GO (100)

OI (100)

Perception (100)

60.10

25.90

81.91

70.48

15.51

KREA University

KREA was established in 1970 as a not-for-profit society, the Institute for Financial Management and Research (IFMR). KREA Univesity offers full-time management programmes MBA, Integrated MBA, and Executive MBA.

NIRF 2024 Parameters

TLR (100)

RPC (100)

GO (100)

OI (100)

Perception (100)

69.73

2.22

64.61

73.15

9.98

K. J. Somaiya Institute of Management, Mumbai

Somaiya Vidyavihar was established by Padmabhushan Late Shri K J Somaiya in 1959. The institute offers admission in MBA, MBA in Working Executives, MBA in Healthcare Management, MBA in Sports Management, and Executive MBA.

NIRF 2024 Parameters

TLR (100)

RPC (100)

GO (100)

OI (100)

Perception (100)

68.84

23.02

72.59

66.72

9.12

Birla Institute of Management Technology, Greater Noida

BIMTECH was established in 1988 under the Birla Academy of Arts and Culture, and supported by the Birla Group of Companies. The institute offers full-time programmes in PGDM, PGDM (IB), PGDM (IBM), PGDM (RM), and PGDM Online.

NIRF 2024 Parameters

TLR (100)

RPC (100)

GO (100)

OI (100)

Perception (100)

67.23

18.69

80.54

65.89

9.55

Conclusion

NIRF's rankings do not do justice to MBA rankings and should not become a consideration factor while selecting or targeting B-schools. The factors included do not specify the points an aspirant would need to evaluate their results.

There are differences not only in MBA colleges but also in undergraduate colleges. To make the right decision, one should check factors like placements, alumni networks, company visits and roles offered, ROI, brand value, and batch size.

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Questions related to IMI Delhi

Have a question related to IMI Delhi ?

Hello,

Generally, many institutes have a residential requirement, especially for full-time programs, to foster a conducive learning environment and promote holistic development among students. However, since your home is just 15 minutes from the campus, you may want to inquire directly. Mostly they'll agree with you as it is not worth for your to stay in campus. So connect with them they'll surely agree on this.

Hope this helps you,

Thank you

https://www.careers360.com/colleges/international-management-institute-kolkata



Dear aspirant,

I would be judging these two institutes on the basis of placements.

So, IMT nagpur has a very strong placement cell. All the training and placement related stuff is handled by the placement team. The students are trained through various training programmes to enhance their communication skills.

Students are placed across various sectors such as BFSI ,IT and ITES , service , hospitality, e-commerce ,consulting ,power , manufacturing, FMCG and retail and many more.

Whereas imi new dehli does not have strong grip in its placements.

To get complete information you can check out the link given below-

https://www.careers360.com/colleges/institute-of-management-technology-nagpur

Hi Aditya,

It would be great and easy to provide you the answer if you mentioned the course you want to pursue from one of these colleges.  In my views, I would suggest you go with Jaipuria, Noida because it is better in various terms  as compared to imi Kolkata. See, choosing a college is quite difficult because there are several factors that one should verify firstly.

The factors that tells an individual which college is best, these are:

  • Qualified faculty
  • Environment
  • Placement ratio
  • Academics
  • Location

These things matter the most during pursuing of any course.

If you want to know more about these colleges, then check these out:

https://www.careers360.com/colleges/international-management-institute-kolkata

https://www.careers360.com/colleges/jaipuria-institute-of-management-noida

Thanks!!

Dear student,

If you were to take my opinion then i would recommend you to go for bml munjal gurugram because imi Kolkata doesn't have brand name, this is a drawback of this college.

The placements at bml munjal gurugram is far better than imi Kolkata because the median package is around 8L per annum. In case of faculty too bml munjal has an upper hand in comparison with imi Kolkata. The faculty members are very cooperative and helpful.

The infrastructure of both the colleges is at par . All the amenities are provided in the campus.

Birla Institute of Management Technology will be a good option for you for management studies (PGDM). It is clarified by mentioned below points:

  1. Birla Institute of Management Technology has been accredited by National assessment and accreditation Council with grade A Plus.
  2. It has also been ranked at 44 position for master of Business Administration by National Institute ranking framework 2021.
  3. The highest placement package which has been awarded in in the institute is 18 lakh per annum.
  4. Birla Institute of Management and Technology has witnessed 100% placements.

Read more about Birla Institute of Management Technology by clicking on mentioned below link:

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.careers360.com/colleges/birla-institute-of-management-technology-greater-noida/amp&ved=2ahUKEwj34ZbXm9z1AhWSOpQKHVJ2BbkQFnoECAkQAQ&usg=AOvVaw3qm9le4ty_Wmci6xRbilw3

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