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It is strange but public institutions seem to have woken up from their slumber to compete aggressively with private institutions, not in quality or affordability but on fudging data that shows them better than what they actually are. And these are Institutions of National Importance (INI) and even ‘Institutions of Eminence’, no less.
The IITs have always been known for being the best institutions for engineering and technology. However, in the past few years, they have been rising in stature for management education as well. At least, that is what has been presented to us through the National Institutional Ranking Framework (NIRF Rankings). We have been told that an MBA at IIT Delhi is better than an MBA at IIM Mumbai or IIM Calcutta or SPJIMR, MDI and XLRI. However, students think very differently. Where is the NIRF failing that such ranks are assigned?
What if we told you that the Departments of Management Studies at IITs do not own up to at least 30% of their students and do not take ownership of their graduation outcomes? Careers360 looked at data over the past few years and found shocking omission of data submitted by the IITs for the management programs.
These are the top 15 MBA institutes in the NIRF 2025 rankings. You will notice four IITs' Departments of Management Studies (DOMS) ranked among the top 15 B-schools. The hallowed institutions of SPJMR, IMI, Goa Institute of Management, TAPMI are missing. Thirteen of the Indian Institutes of Management (IIM) are below IITs on the NIRF MBA rankings. How can student choices be so different from what NIRF Ranking says?
Name | NIRF Rank 2025 |
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Careers360 conducted an in-depth analysis to explore the underlying issues. Our research revealed inconsistencies in the reported student intake and actual admissions data. More than 30% of students admitted at DoMS of IITs are not represented in the data submitted to NIRF. As part of the NIRF ranking process, all participating institutions are required to disclose year-wise intake and the number of students admitted, specifically in the placement and higher studies data for the past three years.
A close look at data of all the top-ranking IITs and all IIMs leads to some startling revelations.
Total sanctioned intake in 2022-23 : 1,001 students
Students admitted as per NIRF submission for 2022-23: 710 students
Admission to intake: 70.92%
Name | Intake | Admitted | Graduated | Placed |
IIT Delhi | 144 | 93 | 89 | 89 |
206 | 125 | 125 | 124 | |
96 | 86 | 84 | 83 | |
IIT Bombay | 191 | 114 | 114 | 111 |
95 | 82 | 82 | 79 | |
97 | 54 | 49 | 44 | |
92 | 76 | 72 | 59 | |
80 | 80 | 74 | 70 | |
Total Students | 1,001 | 710 | 689 | 659 |
Total sanctioned intake in 2022-23 : 8,091 students
Students admitted as per NIRF submission for 2022-23: 8,017 students
Admission to intake: 99.09%
While IITs claim only 70.92% of the sanctioned intake was admitted, the IIMs admitted 99% of the sanctioned intake. This wide gap between sanctioned intake and admission count needed a deeper look. So, we looked at IIT Delhi and IIT Kharagpur. Here’s what we found.
Institute | Intake 22-23 | Admitted | Admitted % |
In 8- IITs | 1,001 | 710 | 70.93 |
In 21-IIMs | 8,091 | 8017 | 99.09 |
In the case of IIT Delhi, the sanctioned intakes for 2023 and 2024 were 144 and 158, respectively, totaling to 302 students. The institute disclosed the gender of the students – 165 boys and 137 girls, totaling to 302 students. So far, its submissions are consistent and imply that all seats were filled.
However, in the column for placements, the intake remained 144 in 2023 but the number admitted fell to just 93. In all, 51 students just disappeared. Incredibly, the institute already knew the gender of the vanishing 51 students! 35% of the total intake was disowned.
Now, the DoMS at IIT Delhi needed to own up to just 93 students for placement outcomes. From the 93 students, 89 students graduated and all 89 students were placed. And voila, it is 100% placement! The median salary also jumped and 100% placement was achieved.
In the case of IIT Kharagpur, the sanctioned intakes for 2023 and 2024 were 206 each, totaling to 412 students. However, the placement column shows that only 125 students were admitted. 81 seats, or 40% of the cohort, remained unaccounted for.
Now, the VGSoM at IIT Kharagpur needed to explain and own the placement outcomes of just 125 students. Of the 125 students graduating, 124 were placed. It is 99% placement with a massive jump in median salary.
However, IIT Kharagpur has been more crafty in its subterfuge. Unlike in the case of IIT Delhi, its gender distribution data is consistent with its admissions data. But it is when submissions made to multiple editions of the NIRF are considered, that discrepancies show up. To assess placement rates and quality, NIRF seeks intake and placement data for the last three batches to graduate. For every batch, data is submitted for at least three editions of the NIRF.
IIT Kharagpur keeps changing figures for both total intake and actual number of admissions for the same year but across NIRF ranking editions, in a way that should not be possible. Consider the intake and admissions data it submitted for the year 2020-21 to NIRF for its 2022-23, 2023-24 and 2024-25 rankings, as shown in the table below.
NIRF Ranking Edition | 1st Year Intake | 1st Year Admissions |
2023 | 200 | 97 |
2024 | 200 | 159 |
2025 | 99 | 97 |
The same tweaking can be observed in data for 2021-22 as well.
NIRF Ranking Edition | 1st Year Intake | 1st Year Admissions |
2024 | 263 | 185 |
2025 | 101 | 94 |
The only element that’s consistent is that for both cohorts of two-year MBA students and across all ranking editions, IIT Kharagpur has claimed 100% placements. Even the median salary disclosed, for the same cohort, has fluctuated.
It’s not just IIT Kharagpur. If one looks at the submissions by the same institute for previous years, the total number of admissions varies wildly from one year to the next. IIT Delhi’s changes by 22 students; IIT Bombay’s by a massive 154, and IIT Roorkee’s, by 19 students.
Placement Rates: IIT Vs IIM
IITs and IIMs | Intake | Admitted | Intake % | Graduating | Placed | Admitted Vs Placed | Graduating Vs Placed% |
8-IITs | 1,001 | 710 | 70.93 | 689 | 659 | 92.82 | 95.65 |
21- IIMs | 8,091 | 8017 | 99.09 | 7,793 | 7,728 | 96.40 | 99.17 |
As the figures above show, IIMs together account for far more students than the IITs’ management departments. After playing fast and loose with their intake and admission data, each of the eight IITs has explained graduate outcomes of an average of just 70% of its students. Whereas each IIM has disclosed and explained outcomes for 100% of its students.
With large chunks of their students simply magicked away, the eight IITs claimed better placement outcomes and leapfrogged into ranks higher than IIMs’ and many established business schools.
So, if a student were to decide whether an MBA at IIT Delhi is better than an MBA at IIM Mumbai or IIM Calcutta, NIRF has a different answer. And after this research, we know the reason. And the reason is similar for all DoMS of all IITs. An NIRF rank secured from data manipulation, especially from INI’s and IoE’s isn't what India bargained for, from public institutions that we fund!!!
On Question asked by student community
Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.
For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.
If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:
1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.
2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.
3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.
4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.
5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.
6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.
Hello,
If you have made a mistake while entering your education details in KEA PGCET MBA option entry, you cannot edit it directly once it is submitted. You need to contact KEA immediately.
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Call the KEA helpline numbers.
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They will guide you on how to correct the mistake. Do it quickly, as corrections are allowed only within the given time.
Hope it helps !
The cut off for national exams like CAT or XAT required for admission for Masters in Business Administration (MBA) program may vary b collage and years. The top tier or top MBA collages like IIMs may require 98-100 percentile. F or more details you can go through: https://bschool.careers360.com/articles/cat-cutoff
Thank you.
Hey! If you are looking for a fully online MBA with minimum fees while staying in Gadchiroli, you can consider a few good options. The most budget-friendly is IGNOU Online/Distance MBA, which comes around 60,000–70,000 for the whole program and is recognized by UGC-DEB. Apart from that, universities like Bharati Vidyapeeth Online (approx 1.6 lakh) and DY Patil Vidyapeeth Online (approx 1.7 lakh) also provide online MBAs with flexible learning and multiple specialisations.
If cost is your main concern, IGNOU is the best choice. But if you want better exposure and placement assistance, then Bharati Vidyapeeth or DY Patil could be good options. Just make sure the course you choose is UGC-approved so that your degree is valid everywhere.
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