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Cover Story
EW INDIA HIGHER EDUCATION RANKINGS 2023-24
INDIA’S TOP 100
PRIVATE B-SCHOOLS
Since the Central government-promoted IIMs admit a minuscule
2 percent of the 2.2 lakh graduates who write their annual CAT
(Common Admission Test), in 2016 your editors took a considered
decision to rank only non-government private B-schools which admit
the vast majority of business management students
Dilip Thakore
I NDIA’S TOP-RANKED B-SCHOOLS LED BY 1 Indian School of Business (ISB), Hyderabad
the 20 Indian Institutes of Management
2
XLRI — Xavier School of Management, Jamshedpur
(IIMs), the first of which — IIM-Calcutta —
was established in the early 1960s followed by
3
Management Development Institute (MDI), Gurugram
IIM-Ahmedabad and IIM-Bangalore shortly
SP Jain Institute of Management & Research (SPJIMR),
3
thereafter, sited on hundreds of acres of lush
campuses but who admit barely 5,000-6,000
School of Business Management, NMIMS Deemed
4
postgraduate students per year, have trans- Mumbai
University, Mumbai
formed into islands of privilege and unaccountability. Re-
quests for interviews by your editors are routinely rejected 4 Institute of Management Technology (IMT), Ghaziabad
by busy directors. Yet half a century since they were es- 5 KJ Somaiya Institute of Management (Somaiya
tablished with American largesse (a subject on which they Vidyavihar University), Mumbai
suffer collective amnesia), the IIMs, which until the new 5 ICFAI Business School (IBS), Hyderabad
millennium used to heavily subsidise students’ tuition and 6 Symbiosis Institute of Business Management (SIBM),
residence fees (current fees: circa Rs. 13 lakh per year), have Pune
failed to revolutionise India Inc. Per-employee productivity 7 TA Pai Management Institute (TAPMI), Manipal
and returns in Indian industry remain among the lowest of 8 International Management Institute (IMI), Delhi
major nations.
Nevertheless, India Inc and increasingly offshore corpo- 8 Xavier Institute of Management (XIMB), Bhubaneswar
rates, rate IIM alumni highly and starting salary packages 9 Amity Business School (Amity University), Noida
of Rs.60 lakh going up to Rs.1.5 crore for graduates are not 10 Symbiosis Centre for Management & Human Resource
uncommon. Certainly they overwhelmingly dominate all Development (SCMHRD), Pune
102 EDUCATIONWORLD MAY 2023