Page 110 - EW May 2025

Cover Story

INDIA’S TOP 100

PRIVATE B-SCHOOLS

The best among India’s 3,280 B-schools listed in the EW
league table have the potential to improve and upgrade into
excellent providers of business management education

Dilip Thakore

I T’S A TYPICALLY INDIAN PARADOX. Although 1 Indian School of Business (ISB), Hyderabad

India hosts 3,280 business management edu-
cation institutes including a few dozen which
XLRI — Xavier School of Management, Jamshedpur
2
are ranked among the best worldwide, Indian
Masters’ Union, Gurugram
3
industry — India Inc — is a global also-ran.
Seventy-seven years after the country wrested
political independence from almost two cen-
SP Jain Institute of Management & Research (SPJIMR),
5
turies of exploitative British rule — in 1947 4 Management Development Institute (MDI), Gurugram
Mumbai

a mere 12 percent of the population was literate and life 6 School of Business Management, NMIMS Deemed
expectancy was 31 years — despite offering the world’s University, Mumbai
largest market (pop.1.4 billion), India’s largest corporate
enterprise is Reliance Industries Ltd (RIL) with an annual 7 Institute of Management Technology (IMT), Ghaziabad
sales turnover of $109 billion (Rs.9.1 lakh crore) followed 8 TA Pai Management Institute (TAPMI), Manipal
by Life Insurance Corp at $103 billion. Against this, the 8 Institute of Health Management Research (IIHMR
annual revenue of America’s Walmart is $648 billion and University), Jaipur
Amazon’s $575 billion. In the league table of the world’s 9 KJ Somaiya Institute of Management, Somaiya
largest corporates by sales revenue, the Mumbai-based RIL Vidyavihar University, Mumbai
is ranked #86. In this connection, it’s perhaps also perti- 9 Symbiosis Institute of Business Management (SIBM),
nent to note that the market capitalization (market value Pune
of all equity shares) of Apple Inc ($3.87 trillion) is equal to 9 Amity Business School (Amity University), Noida
India’s annual GDP. 10 ICFAI Business School (IBS), Hyderabad
Although politicians of all shades and hues proclaim it a

110 EDUCATIONWORLD MAY 2025