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

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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

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

Have a question related to IIM Ahmedabad ?

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!

Dear Aspirant,

Yes, if you get above 98%ile then you can get a call from the top IIMs because you have a great score in your graduation as well. But it also depends on your gender and your category. For example, you’re a non engineer so you can get calls at 98%ile too. But if you’re not from general category then you can get calls at a lower percentile as well. So be sure to check the cutoffs of the colleges you’re targeting according to the category you belong to.

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Individuals who opt for a career as acrobats create and direct original routines for themselves, in addition to developing interpretations of existing routines. The work of circus acrobats can be seen in a variety of performance settings, including circus, reality shows, sports events like the Olympics, movies and commercials. Individuals who opt for a career as acrobats must be prepared to face rejections and intermittent periods of work. The creativity of acrobats may extend to other aspects of the performance. For example, acrobats in the circus may work with gym trainers, celebrities or collaborate with other professionals to enhance such performance elements as costume and or maybe at the teaching end of the career.

3 Jobs Available
Video Game Designer

Career as a video game designer is filled with excitement as well as responsibilities. A video game designer is someone who is involved in the process of creating a game from day one. He or she is responsible for fulfilling duties like designing the character of the game, the several levels involved, plot, art and similar other elements. Individuals who opt for a career as a video game designer may also write the codes for the game using different programming languages.

Depending on the video game designer job description and experience they may also have to lead a team and do the early testing of the game in order to suggest changes and find loopholes.

3 Jobs Available
Radio Jockey

Radio Jockey is an exciting, promising career and a great challenge for music lovers. If you are really interested in a career as radio jockey, then it is very important for an RJ to have an automatic, fun, and friendly personality. If you want to get a job done in this field, a strong command of the language and a good voice are always good things. Apart from this, in order to be a good radio jockey, you will also listen to good radio jockeys so that you can understand their style and later make your own by practicing.

A career as radio jockey has a lot to offer to deserving candidates. If you want to know more about a career as radio jockey, and how to become a radio jockey then continue reading the article.

3 Jobs Available
Choreographer

The word “choreography" actually comes from Greek words that mean “dance writing." Individuals who opt for a career as a choreographer create and direct original dances, in addition to developing interpretations of existing dances. A Choreographer dances and utilises his or her creativity in other aspects of dance performance. For example, he or she may work with the music director to select music or collaborate with other famous choreographers to enhance such performance elements as lighting, costume and set design.

2 Jobs Available
Social Media Manager

A career as social media manager involves implementing the company’s or brand’s marketing plan across all social media channels. Social media managers help in building or improving a brand’s or a company’s website traffic, build brand awareness, create and implement marketing and brand strategy. Social media managers are key to important social communication as well.

2 Jobs Available
Photographer

Photography is considered both a science and an art, an artistic means of expression in which the camera replaces the pen. In a career as a photographer, an individual is hired to capture the moments of public and private events, such as press conferences or weddings, or may also work inside a studio, where people go to get their picture clicked. Photography is divided into many streams each generating numerous career opportunities in photography. With the boom in advertising, media, and the fashion industry, photography has emerged as a lucrative and thrilling career option for many Indian youths.

2 Jobs Available
Producer

An individual who is pursuing a career as a producer is responsible for managing the business aspects of production. They are involved in each aspect of production from its inception to deception. Famous movie producers review the script, recommend changes and visualise the story. 

They are responsible for overseeing the finance involved in the project and distributing the film for broadcasting on various platforms. A career as a producer is quite fulfilling as well as exhaustive in terms of playing different roles in order for a production to be successful. Famous movie producers are responsible for hiring creative and technical personnel on contract basis.

2 Jobs Available
Copy Writer

In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

5 Jobs Available
Vlogger

In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

3 Jobs Available
Publisher

For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

3 Jobs Available
Journalist

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

3 Jobs Available
Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

3 Jobs Available
Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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