Top 15 MBA Colleges in India according to NIRF Ranking 2021

March 29, 2022

Top 15 MBA Colleges in India according to NIRF Ranking 2021


MBA in India is generally a full-time course of 2-years with various options available for the specializations.  Most courses offer elective subjects and concentrations for further study in any particular area. Youngsters are involving themselves more in their management industry to learn and grow. Managers are demanded in every sector. India especially allows fresh graduates without any professional work experiences to enrol themselves for the management courses.

The Ministry of education under the government of India has decided to set some parameters to rank respective institutions. The ranking is for 11 different categories like- overall, management engineering, university, colleges, pharmacy, law, medical, architecture, dental, research.

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The 5 parameters upon which ranks are decided: 

•Teaching, learning, and resources (TLR)

•Research, professional practice, and collaborative performance (RPC)

•Graduation outcome (GO)

•Outreach and inclusivity (OI)

•Perception (PR)

NIRF (National Institutional Ranking Framework) MBA Ranking 2021 has released the complete list of top management institutes on September 9, 2021. Mentioned below are the top 15 management institutes/colleges, universities in management NIRF Ranking 2021 for MBA. My colleges have lost their previous year positions and stepped down and others have upgraded themselves in the ranking.  Ahmedabad IIM has retained its position as number one and so has IIM Bangalore as number 2 and IIM Calcutta as number 3. All these are the deemed universities offering courses with the best academics, faculties, professionalism, and campus recruitment globally.

1.  Indian Institute of Management Ahmedabad
2. Indian Institute of Management Bangalore

3. Indian Institute of Management Calcutta

4. Indian Institute of Management Kozhikode

5. Indian Institute of Technology Delhi

6. Indian Institute of Management Indore

7. Indian Institute of Management Lucknow

8. Xavier Labour Relations Institute (XLRI) Jamshedpur

9. Indian Institute of Technology, Kharagpur

10. Indian Institute of Technology Bombay

11. Management Development Institute, Gurugram

12. National Institute of Industrial Engineering, Mumbai

13. Indian Institute of Technology Madras

14. Indian Institute of Technology Roorkee

15. Indian Institute of Management Raipur


For Admissions (As General): applicants can apply for the admissions mostly after clearing the entrance exams like CAT, GRE, GMAT, GATE, UGC-JRF, and ICAR-SRF, followed by interviews(may differ as per the institution regulations).

Here are some brief details of the institutes.

IIM Ahmedabad

Institute has secured all over India rank in the country, it is the best business school in India. Institutes offer both management and diploma courses. It is affiliated with 78 global exchange programs across North America, Australia, Europe, Africa, etc. The institute has a dual degree and one-term exchange program.

IIM Bangalore

Institute follows the motto of’ let our study be enlightening”, offers doctorate, research, masters, and diploma and certificate programs in management. More than 100 students are involved in exchange programs every year. They are given the opportunity to learn about the emerging economies of countries like Russia, Brazil, China, Singapore, South Korea.

IIM Calcutta

It is one of the triple-accredited business schools in India and part of the global alliance in management education. Its motto is ``knowledge for the benefit for all”. It has more than 85 international partners’ b-schools all over the globe, and its exchange programs help students to learn globally.

IIM Kozhikode

This is the situation in Kerala, offering programs for a doctorate, master's. It is promoting regional education to international platforms. It offers foreign exchange programs with Europeans. German, Norwegian B-schools.

IIT Delhi (Department of management studies)

DMS IIT Delhi offers an MBA with various features like Heavy orientation programs, central recruitment of DMS faculty, IIT Delhi, collaborations with Bharti school of telecommunication technology development, world-class IT infrastructure.

IIM Indore

Institute offers the best management programs in countries with more than 100 permanent and 50+ visiting faculties and more than 50 students are involved in foreign exchange programs in almost 16 countries every year.

IIM Lucknow

It offers diplomas, fellowships as well as research programs in specializations like finance, marketing, operations, human resources, system strategy, and economics. Courses are available in 11 diverse disciplines. Students can learn management experience in places like Beijing, Singapore, and many European countries. 


XLRI Jamshedpur

Oldest B- the school of India established in 1949, offers full-time 2 years courses along with PGDBM, PGDHRM, GMP, and various other short-term management courses and hosts various virtual programs for the benefit of the learners.

IIT Kharagpur

Vinod Gupta School of Management (VGSoM), IIT Kharagpur: offers 2 years residential program including training under professionals and a practical environment and at the end of which highly-reputed companies come for the campus placements. It also offers micro specialization in business analytics along with an MBA program.

IIT Bombay

Shailesh J Mehta School of Management (SJMSOM/SOM) is a part of IIT Bombay that offers postgraduate and other short term courses. Executive courses in management, with Olin Business School, Washington University in St. Louis, offers an Executive program for working professionals.

Management Development Institute, Gurugram

MDI offers various management courses along with executive and research programs. 1 out of 5 students gets the opportunity to study abroad for around two terms in Europe, Germany, etc.

National Institute of Industrial Engineering, Mumbai

NITIE offers all kinds of management courses and is known for its best placement, recently its highest package was 44 lacs. Almost 30% are pre-placed through summer internships programs and the average package for the batch is around 25 lacs.

IIT Madras

The Department of Management Studies (DoMS) offers courses that include field training like field visits and audits, participating in management workshops, and working on live business projects.

IIT Roorkee

Institute offers a management course, which helps students to deal with real and practical concepts of management; they are given opportunities to study abroad and best campus placements.

IIM Raipur

It offers full-time and part-time academic programs, it is one of central India’s best management institutes situated in the capital of Chhattisgarh. It also offers executive education programs, advanced management programs, and management development programs.

By Mithila Rathod

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