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NIRF Management Ranking 2023 - Top MBA/ PGDM Colleges in India

NIRF Management Ranking 2023 - Top MBA/ PGDM Colleges in India

Edited By Himanshu Shekhar | Updated on Feb 13, 2024 12:18 PM IST | #IIM Ahmedabad (IIMA)

NIRF Management Ranking 2023 was announced by the Ministry of Education, Government of India on June 5. Indian Institute of Management (IIM) Ahmedabad notches the top spot again with a score of 83.20. IIM Bangalore has secured second rank, whereas, IIM Kozhikode claimed the third position. As per NIRF Management's 2023 ranking, IIT Bombay secured the 10th position with a score of 68.11. The NIRF Management Ranking 2023 features all the top management colleges like the Indian Institute of Management (IIMs) and other B-Schools in India.

NIRF Management Ranking 2023 - Top MBA/ PGDM Colleges in India
NIRF Management Ranking 2023 - Top MBA/ PGDM Colleges in India

NIRF Management Ranking 2023

The NIRF ranking 2023 management showcases the performance and excellence of the management institutions in the field of management education. They provide valuable insights for students and professionals seeking admissions or career opportunities in the management domain. The management institutions that secured the top 10 position in NIRF ranking 2023 are given below:

NIRF Ranking MBA Full List

Rank

MBA College Ranking NIRF

Score
1Indian Institute of Management (IIM) Ahmedabad83.20
2Indian Institute of Management (IIM) Bangalore80.89
3Indian Institute of Management (IIM) Kozhikode76.48
4Indian Institute of Management (IIM) Calcutta75.53
5Indian Institute of Technology (IIT) Delhi74.11
6Indian Institute of Management (IIM) Lucknow74.11
7National Institute of Industrial Engineering, Mumbai71.99
8Indian Institute of Management (IIM) Indore71.95
9Xavier School of Management (XLRI), Jamshedpur70.75
10Indian Institute of Technology (IIT) Bombay68.11
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NIRF Ranking 2023 - Top MBA/ PGDM Colleges in India

The National Institutional Ranking Framework (NIRF) was introduced by MHRD and launched by the Honourable Minister of Human Resource Development to evaluate the performance of educational institutions in India on various criteria. NIRF ranking is published every year according to the annual data collected by the framework.

NIRF is a voluntary process where institutes are not compelled to participate in the rankings. There is a process of pre-registering institutions for NIRF 2023 ranking, followed by providing the required data for ranking according to the specified parameters. Only those colleges or universities that record and provide the required data are considered for ranking. Here is a list of the top B-schools and their NIRF ranking in previous years.

NIRF MBA Ranking 2023, 2022, 2021, 2020, 2019 - Top Colleges for MBA/ PGDM

Top MBA Colleges

NIRF Score 2023

NIRF Score 2022

NIRF Rank 2022

NIRF Rank 2021

NIRF Rank 2020

NIRF Rank 2019

Indian Institute of Management Ahmedabad

1

83.35

1

1

1

2

Indian Institute of Management Bangalore

2

82.62

2

2

2

1

Indian Institute of Management Calcutta

4

78.64

3

3

3

3

Indian Institute of Management Lucknow

6

74.55

6

-

4

4

Indian Institute of Technology Kharagpur

14

65.15

12

-

5

7

Indian Institute of Management Kozhikode

3

74.74

5

4

6

6

Indian Institute of Management Indore

8

70.66

7

-

7

11

Indian Institute of Technology Delhi

5

75.10

4

5

8

8

Xavier Labour Relations Institute

9

69.67

8

-

9

10

Management Development Institute

13

64.70

13

-

10

12

Indian Institute of Technology Bombay

10

66.24

11

-

11

5

Indian Institute of Technology Roorkee

18

61.76

19

-

12

9

National Institute of Industrial Engineering

7

68.84

9

-

12

14

Indian Institute of Technology Madras

15

66.60

10

-

14

-

Indian Institute of Management Tiruchirappalli

22

61.88

18

-

15

15

Indian Institute of Technology Kanpur

23

61.20

20

-

16

17

Indian Institute of Management Udaipur

16

59.28

22

-

17

13

S. P. Jain Institute of Management & Research

20

59.51

21

-

18

19

Indian Institute of Management Raipur|

11

63.57

14

-

19

21

Indian Institute of Management Ranchi

24

62.33

15

-

20

40

Indian Institute of Management Rohtak

12

62.20

16

-

21

27

Symbiosis Institute of Business Management

17

61.97

17

-

22

18

Great Lakes Institute of Management

31

54.90

31

-

23

16

SVKM`s Narsee Monjee Institute of Management Studies

21

58.14

25

-

24

24

ICFAI Foundation for Higher Education

40

54.88

32

-

25

22

Indian Institute of Foreign Trade

27

58.31

24

-

26

23

T. A. Pai Management Institute

42

53.57

38

-

27

-

International Management Institute

70

55.00

30

-

28

25

Indian Institute of Technology (Indian School of Mines)

44

51.49

46

-

29

-

Indian Institute of Management Shillong

26

57.84

26

-

30

-

Xavier Institute of Management (XIMB)

-

54.10

35

-

31

36

Kalinga Institute of Industrial Technology

59

50.88

48

-

32

30

Indian Institute of Management Kashipur

19

59.06

23

-

33

20

Jamia Millia Islamia

25

56.44

29

-

34

34

National Institute of Technology Tiruchirappalli

35

53.54

39

-

35

-

Banaras Hindu University

56

50.64

50

-

36

39

Institute of Management Technology Ghaziabad

38

52.12

44

-

37

31

BML Munjal University

72

49.90

54

-

37

-

Alliance University

87

42.18

98

-

39

-

Indian Institute of Management, Nagpur

43

52.84

43

-

40

-

Amity University

81

57.43

28

-

41

48

Panjab University

82

46.89

67

-

42

42

FORE School of Management

63

48.93

60

-

43

37

Nirma University

61

52.00

45

-

44

-

Aligarh Muslim University

55

49.70

57

-

45

49

PSG College of Technology

89

48.08

63

-

46

33

Birla Institute of Management Technology

48

49.72

56

-

47

45

Goa Institute of Management

33

53.58

36

-

48

-

Lovely Professional University

32

54.30

34

-

49

38

Loyola Institute of Business Administration

-

44.02

86

-

50

32

Chandigarh University

36

53.23

40

-

51

-

International Management Institute, Kolkata

70

-

-

52

52

-

Institute for Financial Management and Research

-

48.93

60

-

53

34

Thapar Institute of Engineering & Technology

49

50.11

53

-

54

-

Vellore Institute of Technology

-

-


-

55

29

K. J. Somaiya Institute of Management Studies & Research

45

46.31

71

-

56

-

Guru Gobind Singh Indraprastha University

66

48.56

62

-

57

-

Birla Institute of Technology, Mesra

77

44.88

78

-

58

44

Anna University

49

50.72

49

-

59

28

Institute of Management Technology,Nagpur

43

42.61

95

-

60

31

Institute of Management Technology Hyderabad

84

45.18

75

-

61

31

Indian Institute of Forest Management

-

-


-

62

41

International Management Institute Bhubaneshwar

67

46.41

70

-

63

-

Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development

-

-


-

63

-

IIHMR UNIVERSITY

-

43.68

90

-

65

-

University of Petroleum and Energy Studies

39

53.22

41

-

66

-

Jagan Institute of Management Studies

88

44.49

82

-

67

-

Principal L N Welingkar Institute of Management Development and Research

73

46.76

68

-

68

-

Jaipuria Institute of Management

80

50.41

51

-

69

-

Koneru Lakshmaiah Education Foundation University

52

51.27

47

-

70

46

Visvesvaraya Technological University

95

45.15

76

-

71

-

Institute of Rural Management Anand

54

49.67

58

-

72

43

Jaipuria Institute of Management, Lucknow

92

44.88

78

-

73

-

Pandit Deendayal Petroleum University

94

43.77

89

-

74

-

Chitkara University

64

44.74

80

-

75

-

NIRF 2023 Ranking Methodology

The National Institutional Ranking Framework (NIRF) provides a ranking methodology for educational institutions in India. In order to rank the top MBA colleges in India, the methods considered by the concerned authorities of MHRD are as follows.

  • Teaching, Learning & Resources
  • Research and Professional Practice
  • Graduation Outcomes
  • Outreach and Inclusivity
  • Peer Perception (PR)

See the table below to know the parameters and weightings for management colleges as per last year’s trends.

NIRF Parameters and Weightages 2023

Parameter

Assessment Metric

Components

Marks

Weightage

Teaching, Learning & Resources

TLR = SS (20) + FSR (30) + FQE (20) + FRU (30)

  1. Student Strengths including Ph.D. Students: SS
  2. Faculty-Student Ratio with emphasis on permanent faculty: FSR
  3. Combined metric for Faculty with PhD (or equivalent) and Experience: FQE
  4. Financial Resources and Their Utilisation: FRU

100

0.30

Research and Professional Practice

RP = PU (40) + QP(40) + FPPP(20)

  1. Combined Metric for Publications: PU
  2. Combined Metric for Quality of Publications: QP
  3. Footprint of Projects, Professional Practice and Executive Development Programs: FPPP

100

0.30

Graduation Outcomes

GO = GPH(40) + GUE(20) + GMS(40)

  1. Combined metric for Placement and Higher Studies: GPH
  2. Metric for University Examinations: GUE
  3. Median Salary: GMS

100

0.20

Outreach and Inclusivity

OI = RD(30) + WD(30) +ESCS(20) + PCS(20)

  1. Percentage of Students from Other States (Region Diversity): RD
  2. Percentage of Women (Women Diversity): WD
  3. Economically and Socially Challenged Students: ESCS
  4. Facilities for Physically Challenged Students: PCS

100

0.10

Perception

PR = 100

  1. Peer Perception: Employers & Academic Peers (PR): 100 marks

100

0.10

Top MBA Entrance Exams in India

Students wishing to appear for the admission process at any of the above-mentioned top MBA colleges should appear for any of the following management entrance examinations. Students are advised to adhere to the eligibility criteria recommended by the authorities before filling up the application form for any of the entrance examinations mentioned below.

List of MBA Entrance Exams

Top MBA Entrance Exam

Eligibility criteria

Application End Date

AP ICET

Candidates should have passed 10+2+3 pattern education from a recognized institute with a minimum of 50% marks in aggregate

April 19, 2023

MAT

Students should have completed a graduation in any discipline from any recognized board/ university.

  • PBT - August 29, 2023
  • CBT - September 12, 2023
  • IBT - September 20, 2023

CAT

Candidates must hold a bachelor’s degree from a recognized university with a minimum of 50 percent aggregate marks or equivalent CGPA.

September 20, 2023

XAT

Students must have completed graduation in any stream from a recognized university with no minimum percentage or CGPA

November 30, 2023

CMAT

Candidates must have completed their graduation. Candidates appearing in the final year can also apply

To be announced

SNAP

Candidates must be a graduate from recognized university or institute with a minimum of 50% in aggregate

November 23, 2023

NMAT

Students must have completed their graduation with a minimum of 50% marks in aggregate. Applicants having a minimum of 2 years of experience will be preferred.


October 10, 2023

IBSAT

Students should have completed 15 years of education minimum (10+2+3 or 10+2+4 basis).

December 16, 2023

Frequently Asked Question (FAQs)

1. Do all the top MBA institutes follow the same admission process?

The admission process may vary from institute which might consist of the following round(s);

  • Written Ability Test (WAT)
  • Personal Interview (PI)
  • Group Discussion (GD)
3. Which Top private colleges accept CAT scores?

Some of the Top MBA private institutes which accept CAT scores are:

  • SPJIMR, Mumbai
  • Management Development Institute, Gurgaon
  • BML Munjal University, Gurgaon
  • International Management Institute, Delhi
  • Institute of Management Technology, Ghaziabad
4. Is NIRF ranking 2023 released?

Yes, NIRF Ranking 2023 management full list has been released.

5. Which is the best ranked MBA college in NIRF?

In the list of Top 5 NIRF ranking colleges, IIM Ahmedabad secured rank 1.

6. What is NIRF ranking 2023?

The National Institutional Ranking Framework (NIRF) was approved by the MHRD and launched by the Honourable Minister of Human Resource Development on September 29, 2015. This framework outlines a methodology to rank institutions across the country.

7. Is NIRF ranking important for MBA?

Yes. A higher NIRF rank will attract more applicants to educational institutes or universities.

8. Which colleges are top 5 NIRF in India?

Rank 1- Indian Institute of Management (IIM) Ahmedabad
Rank 2- Indian Institute of Management (IIM) Bangalore
Rank 3- Indian Institute of Management (IIM) Kozhikode
Rank 4- Indian Institute of Management (IIM) Calcutta
Rank 5- Indian Institute of Technology (IIT) Delhi

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Questions related to IIM Ahmedabad (IIMA)

Have a question related to IIM Ahmedabad (IIMA) ?

No, the Indian Institute of Management Ahmedabad (IIM Ahmedabad) does not offer a Bachelor of Business Administration (BBA) course. IIM Ahmedabad is primarily known for its postgraduate and doctoral programs, particularly the Post Graduate Program in Management (PGP), which is equivalent to an MBA.

For information about other MBA colleges in India, you can go through the link below.

https://bschool.careers360.com/colleges/list-of-bba-colleges-in-india

Hello aspirant,
To secure a seat in the Indian Institutes of Management (IIMs) for an MBA program, candidates typically need to appear for the Common Admission Test (CAT). CAT is a national-level entrance exam conducted annually by the IIMs on a rotational basis. However, some IIMs also accept other entrance exams such as GMAT (Graduate Management Admission Test) for international candidates or those with substantial work experience.

Thank you

Hope it helps you.

Hello Aspirant,

In addition to having a strong GPA, you should ideally have five years of post-college work experience, some leadership experience, and proof of high academic achievement. HBS is also curious about the accolades and distinctions you have received over the years.

You can refer the below link to know the admission process;

https://studyabroad.careers360.com/usa/universities/harvard-university-cambridge-unpg

ALL THE BEST

Hello aspirant,

All the respective IIMs have released the IIM admission details and eligibility criteria for 2024 on their official websites. For candidates in the general category, the calling cutoff at leading IIMs such as IIM Ahmedabad, Bangalore, and Calcutta falls within the percentile range of 95 to 100.

To know complete information, you can visit our website by clicking on the link given below.

https://bschool.careers360.com/articles/iim-admission-criteria

Thank you

Hope this information helps you.

See since you are from arts background, and you also have a good academic record (barring your graduation percentage), so you can get a call for interview even a slightly lower percentile.

According to the previous trends, you can easily get into IIM Ahmedabad even at a percentile in the range of 92 to 95, which is a safe estimate for your admission in the OBC NCL category.

Hope I have answered your question. All the best!

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