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NIRF Management Ranking 2024 - Top Gainers and Losers
NIRF Management Ranking 2024: National Institutional Ranking Framework announced the NIRF ranking 2024 of the management category of institutes. The NIRF ranking report lists the best and average MBA colleges in India based on its ranking. Some of the top MBA colleges in India as per the NIRF report 2024 are IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi and many others. The ranks in the NIRF management report can vary every year based on the performance of the institutes in a year in achieving the placements records, patents, publications, reputation, and available infrastructure and facilities. So, there will be gainers and losers in the NIRF management ranking every year.
This Story also Contains
- NIRF Management Ranking 2024 - Top Gainers and Losers
- Top Gainers in NIRF Management Ranking 2024
- Major Losers in NIRF Management Ranking 2024
- How does NIRF rank Management Institutes in India?
- Best Public MBA Colleges as per NIRF Ranking 2024
- Best Private MBA Colleges as per NIRF Ranking 2024
The NIRF reports for the gainers to maintain and improve their ranks and it's a chance for the losers to improve and try to bring their institutes to be called one of the best MBA college in India. Read this article to know the gainers and losers in NIRF management ranking 2024.
NIRF Management Ranking 2024 - Top Gainers and Losers
The NIRF 2024 was released on August 12, 2024, at the National Institutional Ranking Framework, Ministry of Education official website - nirfindia.org.
The officials have released the top 125 NIRF management ranked MBA colleges in India.
IIM Ahmedabad, IIM Bangalore, and IIM Kozhikode are ranked in the top 3 positions under NIRF management ranking 2024.
IIM Calcutta, IIM Udaipur and other IITs ranks have fallen as per NIRF report 2024.
Read more:
Top Gainers in NIRF Management Ranking 2024
Several institutions have made significant rises in their NIRF rank in 2024 like IIM Indore, IIM Lucknow, IIT Delhi and SIBM Pune. These MBA institutions have made notable progress in the various aspects of NIRF ranking like quality of education, research, placement records, total number of graduates and others. The top gainers in the NIRF 2024 got an extra boost to get a maximum number of applicants for MBA admission 2025, and the number of companies appearing for their summer and final placement session will be higher compared to previous years. Companies from various sectors will arrive at these institutes to choose excellent skilled graduates based on their requirements.
NIRF Management Ranking 2024 - Major Gainers
College Name | NIRF Score | NIRF Rank 24 | NIRF Rank 23 | Median Salary 2022-23 (in Rs.) |
83.32 | 1 | 1 | 3100000 | |
81.17 | 2 | 2 | 3300000 | |
77.90 | 3 | 3 | 2700000 | |
76.24 | 4 | 5 | 2445000 | |
74.74 | 6 | 7 | 3200000 | |
73.53 | 8 | 8 | 2470000 | |
68.13 | 9 | 9 | 3024000 | |
67.17 | 10 | 10 | 2664000 | |
66.85 | 11 | 13 | 2613000 | |
66.49 | 12 | 12 | 1873972 | |
65.13 | 13 | 17 | 2400000 | |
62.35 | 15 | 27 | 2650000 | |
61.27 | 17 | 24 | 1650000 | |
61.21 | 18 | 18 | 1809000 | |
60.96 | 20 | 20 | 3200000 | |
60.96 | 21 | 21 | 2135000 | |
60.49 | 24 | 26 | 2609000 | |
60.32 | 25 | 25 | 1020000 | |
59.20 | 26 | 29 | 1600000 | |
57.41 | 28 | 30 | 810500 | |
56.95 | 31 | 43 | 1685000 | |
56.63 | 32 | 37 | 1900000 | |
56.27 | 33 | 53 | 1550000 | |
56.02 | 35 | 38 | 1600000 | |
55.71 | 36 | 36 | 800000 | |
55.31 | 39 | 40 | 1000000 | |
54.49 | 43 | 46 | 1925000 | |
53.27 | 44 | 49 | 656250 | |
53.22 | 45 | 47 | 875000 | |
52.57 | 47 | 51 | 1594000 | |
52.27 | 48 | 56 | 1180000 | |
51.54 | 49 | 54 | 1500000 | |
51.48 | 50 | 58 | 1600000 | |
51.35 | 52 | 62 | 1000000 | |
51.09 | 53 | 63 | 1410000 | |
51.03 | 54 | 64 | 900000 | |
51.00 | 55 | 61 | 1100000 | |
50.97 | 56 | 70 | 1050000 | |
50.91 | 57 | 98 | 1261000 | |
50.59 | 59 | 65 | 606000 | |
50.56 | 60 | 60 | 912000 | |
50.37 | 61 | 67 | 1200000 | |
49.40 | 65 | 66 | 618500 | |
49.25 | 66 | 1000000 | ||
49.14 | 68 | 69 | 924000 | |
48.38 | 71 | 87 | 920000 | |
48.32 | 72 | 92 | 864000 | |
48.10 | 73 | 79 | 725102 | |
47.56 | 75 | 80 | 829000 | |
47.47 | 77 | 85 | 848000 | |
47.40 | 78 | 96 | 552000 | |
47.13 | 80 | 89 | 850000 | |
47.09 | 81 | 750000 | ||
47.01 | 82 | 90 | 600000 | |
46.39 | 87 | 88 | 830000 | |
46.29 | 88 | 99 | 860000 | |
45.40 | 89 | 94 | 829053 | |
42.62 | 100 | 720000 |
Major Losers in NIRF Management Ranking 2024
The NIRF 2024 also listed some of the losers in the NIRF management ranking report 2024. IIM Calcutta has fallen to 5th position, overtaken by IIT Delhi. From the NIRF report 2024, it is clear that the majority of the new IIMs like IIM Raipur, IIT Udaipur, IIM Kashipur, IIM Trichy, a few IITs and other MBA colleges have lost their previous ranks. The NIRF ranking 2024 has fallen due to the low score in parameters like quality of education, placement records and total number of graduates. The low score made some of the MBA colleges lose their ranks for the better ones.
Top Losers in NIRF Management Ranking 2024
College Name | NIRF Score | NIRF Rank 24 | NIRF Rank 23 | Median Salary 2022-23 (in Rs.) |
75.06 | 5 | 4 | 3367000 | |
74.42 | 7 | 6 | 3000000 | |
64.40 | 14 | 11 | 2000000 | |
61.73 | 16 | 15 | 2045668 | |
61.02 | 19 | 14 | 2450000 | |
60.93 | 22 | 16 | 1853244 | |
60.82 | 23 | 19 | 1720000 | |
57.67 | 27 | 22 | 1860000 | |
57.23 | 29 | 23 | 600000 | |
57.23 | 30 | 28 | 1725000 | |
56.14 | 34 | 31 | 1450000 | |
55.68 | 37 | 33 | 1500000 | |
55.49 | 38 | 32 | 850000 | |
54.88 | 40 | 34 | 1633000 | |
54.81 | 41 | 39 | 800000 | |
54.64 | 42 | 41 | 1525000 | |
Indian Institute of Technology Indian School of Mines Dhanbad | 52.77 | 46 | 44 | 1130000 |
51.39 | 51 | 35 | 870000 | |
50.78 | 58 | 42 | 1350000 | |
49.69 | 62 | 57 | 480000 | |
49.66 | 63 | 45 | 1100000 | |
49.43 | 64 | 48 | 1100000 | |
49.23 | 67 | 59 | 700000 | |
48.92 | 69 | 49 | 800000 | |
48.69 | 70 | 55 | 526000 | |
Saveetha Institute of Medical and Technical Sciences, Chennai | 47.93 | 74 | 71 | 550000 |
47.55 | 76 | 75 | 803500 | |
47.29 | 79 | 52 | 740000 | |
46.67 | 83 | 72 | 785000 | |
Prin LN Welingkar Institute of Management Development and Research, Mumbai | 46.53 | 84 | 73 | 1178000 |
Atal Bihari Vajpayee Indian Institute of Information Technology and Management Gwalior | 46.47 | 85 | 68 | 825000 |
46.42 | 86 | 78 | 1040000 | |
44.70 | 92 | 82 | 1241918 | |
44.17 | 94 | 86 | 1200000 | |
43.48 | 95 | 93 | 800000 | |
National Institute of Agricultural Extension Management, Hyderabad | 43.16 | 96 | 97 | 1159282 |
45.01 | 90 | 77 | 800000 | |
44.85 | 91 | 76 | 1500000 | |
44.33 | 93 | 83 | 450000 | |
43.01 | 97 | 84 | 1100000 | |
42.89 | 98 | 91 | 525000 | |
42.82 | 99 | 74 | 1020000 |
How does NIRF rank Management Institutes in India?
The National Institute of Ranking Framework ranks the management institutes of India based on the various aspects of Institution performance. The key parameters used to release the best MBA colleges in India are mentioned in detail below.
Teaching, Learning and Infrastructure
Under this parameter, the quality of education, learning resources, student strength, infrastructure and facilities will be evaluated. NIRF ranking 2024 is done based on the availability of infrastructure facilities like libraries, laboratories, classrooms and other amenities.
Research and Professional Practice
It is one of the parameters taken for NIRF management ranking 2024. NIRF ranking authority checks out the quality of research and publications released by the institutes.
Graduation Outcomes
This measures the successor students in terms of placements, higher studies and entrepreneurship. It determines the total number of students who will be appearing for the upcoming academic years.
Outreach
This parameter evaluates the diversity of students and faculty by checking the representation of female staff. Analyse whether the institutes are affordable to all the candidates irrespective of any financial background.
Perception
The final evaluation for the NIRF ranking is done based on the reputation of the institute. This is done by the responses taken from the students, alumni, recruiters and the public.
Best Public MBA Colleges as per NIRF Ranking 2024
The majority of the top public NIRF ranked management colleges 2024 have improved and maintained their NIRF rankings 2024. The top NIRF public ranked management colleges include IIMs, IITs, NITs and other public universities offering MBA programmes. The quality of education, faculties, infrastructure, placement records, research and other aspects made the top public MBA colleges get ranked well. The quality of the top public MBA colleges attracts both the MBA aspirants to pursue the best MBA from a reputed institution and attract the reputed organisations to choose the best graduates from these public institutes.
Best Private MBA Colleges as per NIRF Ranking 2024
The top NIRF ranked private MBA colleges in India comprise XLRI, MDI Gurgaon, SIBM Pune and many more. Candidates who wish to do an MBA from any of the following MBA colleges can analyse the institute based on the NIRF score, and average MBA salary packages. Admission to the private MBA colleges will be based on the MBA entrance exams conducted by the respective institutes.
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Frequently Asked Questions (FAQs)
Q: What are the parameters considered in the NIRF management ranking 2024?
A:
The Ministry of Education, Govt. of India releases the NIRF ranking every year. The NIRF ranking is released based on the performance of institutes in various parameters like quality of education, infrastructure and facilities, placement records, the total number of admissions and many others.
Q: Which are the top private MBA colleges as per NIRF ranking 2024?
A:
The best private MBA colleges as per NIRF ranking are XLRI, MDI Gurgaon, SIBM Pune, SPJIMR Mumbai and NMIMS Mumbai.
Q: Which are the top public MBA colleges as per NIRF ranking 2024?
A:
The top public NIRF ranked management colleges include IIMs and IITs. The best public MBA colleges are IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi, and IIM Calcutta.
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Questions related to IIM Ahmedabad (IIMA)
On Question asked by student community
Have a question related to IIM Ahmedabad (IIMA) ?
Hey Ramesh! Looking at your profile—10th: 92%, 12th: 93%, Master’s CGPA: 8.3, no work experience, SC category—you have a solid academic record. For top IIMs like Ahmedabad, Bangalore, and Calcutta, SC category candidates usually need a CAT percentile of around 92–94 to have a realistic chance at admission. Other IIMs like Lucknow, Indore, Kozhikode may require slightly higher percentiles, around 94–96. For FMS Delhi, SC candidates typically need 95+ percentile.
Remember, these percentiles are approximate and can vary slightly each year depending on the competition and number of seats. Sectional cut-offs also matter, so make sure to perform well in all sections of CAT. Since you have no work experience, your academic record will carry more weight, which is in your favor. My suggestion is to aim for 95+ percentile to keep your options open across IIMs and FMS. Also, consider applying to other top MBA colleges alongside, to maximize your chances. With focused preparation, your profile is competitive for SC category seats.
Hi Lokendra
As you are from SC category and also a PWD candidate, your chances of getting a call from IIM A,B,C will be very good at 60 - 65 percentile. The official minimum percentile required for your category (cutoff) is 50 percentile but the safe percentile for getting a call from IIM ABC is 65 percentile. The safe percentile to guarantee your admission would be 80 percentile.
To know more about CAT: CAT by CAREERS360
Hope this answer helps! Thank You!!!
Hello,
Depending on the IIM, SC or PWD candidates minimal percentile for an IIM call typically falls between 50 and 70. Generally speaking, a percentile score of 80 or more is seen as a safe bet for admission assurance. However, various IIMs and even different years for the same IIM may have varying cut offs and admission chances.
Hello Aspirant,
- Minimum Percentile for IIM A/B: While there isn't a specific percentile to guarantee you admission to IIM Ahmedabad or IIM Bangalore, a 99+ percentile CAT score is typically deemed competitive at these schools in particular for GEM candidates. The percentile is only one consideration alongside your academic history, experience and other accomplishments, so the required percentile is variable.
- Is it worth trying without work experience - It is possible for you to get into IIMs with no work experience; however, preferably in particular for IIM A/B, candidates typically have gained work experience along with 2+ other years in the workplace when they apply for an MBA. These colleges want candidates to demonstrate real-world experiences where they were impactful, have taken on leadership roles etc. In other words, if your goal is Management Consulting, the experience in your current job offer will provide you with solid practical experience and credibility to apply later.
- Should wait or go ahead with job offer - If Management Consulting is your goal, the real value of the job offer is through the work experience. Over the long term, securing work experience through the job offer is valuable and beneficial to your profile. IIMs really appreciate a mix of academic performance, experience in the workforce and individuals who demonstrate past leadership potential to make the jump into an MBA. Besides, if you take the job, it also gives you time to stretch your mind to determine if management consulting is really what you want to do with your life before you apply for an MBA.
Hello,
The specific company that offered a Rs. 1.46 crore package in the Banking, Financial Services, and Insurance (BFSI) sector during IIM Ahmedabad's placements has not been publicly disclosed. However, notable points include:
- The highest package of Rs. 1.46 crore in the BFSI sector at IIM Ahmedabad 2023 placements remains undisclosed.
- Prominent BFSI recruiters included Goldman Sachs, HSBC, and JP Morgan.
- BFSI sector's average package was Rs. 41.33 lakh per annum, with a median of Rs. 35.05 lakh per annum.
- The institute achieved a 100% placement rate, with Rs. 1.46 crore as the highest domestic package overall.
- Consulting emerged as the top sector, followed by BFSI, with leading companies like McKinsey & Company and Boston Consulting Group actively recruiting.
Hope it helps !
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