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

    Team Careers360Updated on 27 Aug 2024, 05:56 PM IST

    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

    On Question asked by student community

    Have a question related to IMI Delhi ?

    Hello there,

    With a 70 percentile it is not easy to make it in the IMT Hyderabad because the cutoff usually reaches 85-90+ for general category, even IMT Nagpur has low chances since the cutoff usually reaches 75-85. However, IMI Kolkata, is your safe option, since the cutoff is around

    Hello,

    At 96 percentile , he has good chances , in following Colleges especially due to strong academics and experience.

    Very Good Non-IIM Options (High Chance)

    These colleges generally accept candidates in the 95–96 percentile range.

    Hope it

    Hello,

    IMT Nagpur is generally better than IMI Kolkata in terms of brand value, alumni network, and corporate connections. IMT Nagpur has a higher average placement package (~9 LPA vs ~7 LPA at IMI Kolkata) and better faculty. however, IMI Kolkata is good for finance- related roles, so choose based

    Hello Varun,

    Based on your CAT raw score and profile, here's a breakdown of your potential calls and your chances for different institutes:

    1. GIM Goa, GLIM Chennai, IMT Ghaziabad, IMI Delhi:

    • GIM Goa : With a score of 55, GIM typically looks for candidates with a higher percentile. However,

    Hi there,

    Here is a brief comparison of the three colleges:

    GIM Goa is very strong for its BFSI (finance-related) roles, while SIOM Nashik's key strength lies in operations. IMI Bhubaneshwar does not have a specific specialization strength, so in this aspect, GIM and SIOM stand stronger, with IMI weighing