Top 20 Management Colleges as per NIRF Ranking 2024

IIM Ahmedabad (NIRF Ranking #1)

When IIM Ahmedabad was founded, the goal was to make a management school that would meet India's growing need for skilled managers. A number of businesses and the Ford Foundation helped fund it, and Harvard Business School was the first academic partner. The famous scientist and businessman Dr. Vikram Sarabhai opened the school and was very important in making it happen. It is known for putting a lot of stress on study, which makes important contributions to policy, business methods, and management theory. There are lot of different study projects that faculty members work on, and the school puts out a number of well-known magazines.

MBA(PGPM)

• Fees – 26.50 Lakhs
• Seats –385
• Duration – 2 Years
• Highest International Package: Rs 1.46 CPA
• Highest Domestic Package: Rs. 61.49 LPA
• Average Package: Rs 34.45 LPA

IIM Bangalore (NIRF Ranking #2)

India's Indian Institute of Management Bangalore (IIMB) is one of the best business schools in India. Since its establishment in 1973, it has been a pioneer in providing top-quality management education. It has 107 full-time faculty members, approximately 1,200 students enrolled in various degree programs, and around 5,000 participants in its annual Executive Education programs.

MBA(PGP)

• Fees – 26 Lakhs
• Seats –535
• Durations –2 Years
• Highest International Package: Rs 1.15 CPA
• Highest Domestic Package: Rs. 65 LPA
• Average Package: Rs 35.92 LPA

IIM Kozhikode (NIRF Ranking #3)

A well-known school in Kozhikode, Kerala, India, is the Indian Institute of Management Kozhikode (IIMK). Since it opened in 1996, it has grown to become one of the best business schools, with a wide range of management training, research, and teaching programmes.The IIMK campus is conveniently located near Kozhikode and easily accessible by public transportation. The college is about 17.7 km from Kozhikode Railway Station and 31 km from Kozhikode International Airport. Kunnamangalam New Bus Stop is the closest bus stop.

MBA(PGP)

• Fees – 20.50 Lakhs
• Seats – 480
• Duration – 2 Years
• Highest Package - Rs 67.02 LPA
• Average Package - Rs 31.02 LPA

IIT Delhi (NIRF Ranking #4)

The Indian Institute of Technology Delhi (IIT Delhi) is a public technical institute based in Delhi, India. Since its establishment, more than 48,000 students have graduated from IIT Delhi across various disciplines, including engineering, physical sciences, management, and humanities & social sciences.The campus has expanded over the years to encompass a substantial territory in Hauz Khas, South Delhi. Faculty members and their teams are actively engaged in collaborative research that has made significant contributions to the advancement of their respective fields.

MBA

• Fees – 12 Lakhs
• Seats –N/A
• Duration – 2 Years
• Highest Package – Rs. 41.13 LPA
• Average Package – Rs. 25.82 LPA

IIM Calcutta (NIRF Ranking #5)

The Indian Institute of Management Calcutta, located in Joka, on the outskirts of Kolkata (Calcutta), West Bengal, is India's best public business school. It was the first Indian Institute of Management to open. It is an important part of India's business school system. It was founded in 1961 with help from MIT Sloan School of Management, the Government of West Bengal, The Ford Foundation, and Indian business.The Campus and Infrastructure of IIM Calcutta are among the finest in India, providing a stimulating environment for learning and growth. The sprawling campus covers about 135 acres, offering a serene and picturesque environment.The campus features fully air-conditioned academic blocks with well-designed lecture theatres, seminar halls, and discussion rooms.

MBA

• Fees – 27 Lakhs
• Seats – 462
• Duration – 2 Years
• Highest Package –Rs. 1.15 CPA
• Average Package – Rs. 35.07 LPA

IIM Mumbai (NIRF Ranking #6)

IIM Mumbai, which was previously known as NITIE (National Institute of Industrial Engineering), has maintained the institution's reputation for excellence in management education. IIM Mumbai has updated its curriculum to align with the demand of the industry and maintains connections with industry partners in Mumbai, the business capital of India, as a result of the digital era.
The institute has established partnerships with numerous organizations that offer students employment opportunities, including 3M, Abbott, AB InBev, Cipla, John Deere, Aditya Birla Group, and EY.

MBA

• Fees –21 Lakhs
• Seats – 550
• Duration – 2 Years
• Highest Package –Rs. 54 LPA
• Average Package – Rs. 33.84 LPA

IIM Lucknow (NIRF Ranking #7)

A well-known business school in Lucknow, Uttar Pradesh, India, is the Indian Institute of Management Lucknow. It was the fourth Indian Institute of Management to open, after IIM Calcutta, IIM Ahmedabad, and IIM Bangalore. It was founded in 1984. It is known that IIM Lucknow is one of the best places to learn about and do study in management.

MBA(PGP)

• Fees –20.75 Lakhs
• Seats – N/A
• Duration – 2 Years
• Highest Package –Rs. 65 LPA
• Average Package –Rs. 30 LPA

IIM Indore (NIRF Ranking #8)

Famous school IIM Indore was founded in 1996 and is known for its high-quality management education, research, and training. Overlooking a beautiful 193-acre site on the Prabandh Shikhar, Rau-Pithampur Road, close to the Pithampur Special Economic Zone and off the Agra-Bombay Highway, IIM Indore provides a calm setting for thoughtful learning.
An school that is recognised around the world, IIM Indore is the second IIM in India to earn Triple Crown recognition, which means it is approved by the Association to Advance Collegiate Schools of Business (AACSB), AMBA, and EQUIS.
Modern amenities like a library with a huge collection of digital and print resources, a sports centre, dorms, and other facilities on campus are there to help students grow in all areas. Many print and internet resources are available to students at IIM Indore's Learning Centre (LC).

MBA(PGP)

• Fees – 20 Lakhs
• Seats –329
• Duration – 2 Years
• Highest Package – Rs. 1 CPA
• Average Package – Rs. 25.68 LPA

XLRI- Xavier School of Management (NIRF Ranking #9)

XLRI-Xavier School of Management, established in 1949 by Fr. Quinn Enright, S.J., has been a model of academic success. XLRI has consistently advocated for global perspectives in management education, a legacy that spans over seven decades. XLRI has maintained an international focus since its inception. It was the first management school in India to offer its academic programmes to students from other countries. The school has a distinguished group of individuals on its Board of Governors, instructors, and administrators, including well-known business people, respected academics, and devoted members of the Jamshedpur Jesuit Society. These individuals have contributed to the school's growth and success.

PGDM General Management

• Fees –24.20 Lakhs
• Seats – 120
• Duration –1 Year 3 Months
• Highest Package –Rs. 75 LPA
• Average Package – Rs. 29.89 LPA

IIT Bombay (NIRF Ranking #10)

The Indian Institute of Technology, Bombay was founded in 1958 with the assistance of foreign aid and funds from UNESCO and the Soviet Union. It is a globally recognised institution that provides a wide range of bachelor's, master's, and doctoral programmes.
Situated in Powai, Mumbai, it is a residential institute that provides housing for numerous students in 15 hostels. The campus offers a variety of recreational clubs, clubs, and societies, as well as sporting facilities. The campus is a microcosm of a municipality, characterised by a diverse array of flora and fauna. IIT Bombay is ranked fourth in the overall category, third in the engineering category, seventh in the innovation category, and tenth in the management category.

MBA

• Fees – 14.02 Lakhs
• Seats – 152
• Duration – 2 Years
• Highest Package –72 LPA
• Average Package –Rs. 28.01 LPA

Management Development Institute (NIRF Ranking #11)

One of the most distinguished business institutions in the nation is the Management Development Institute (MDI), which is situated in Gurugram (formerly Gurgaon), India. MDI has distinguished itself as a centre of distinction in management education, executive development, high-quality research, and consultancy services, having been established by the Industrial Finance Corporation of India (IFCI) in 1973. MDI's strategic location in the centre of Gurugram's corporate region provides substantial benefits, such as a vibrant business environment and robust industry linkages.

PGDM

• Fees –21.59 Lakhs
• Seats –300
• Duration – 2 Years
• Highest Package –Rs. 63.3 LPA
• Average Package –Rs. 25.5 LPA

IIM Rohtak (NIRF Ranking #12)

IIM Rohtak, the Indian Institute of Management, was founded in 2009 under the IIM Act of 2017. The Ministry of Human Resource Development (MHRD) has named it an Institute of National Importance, which is a very special honour. It gained recognition in India's management education landscape by securing the 12th position in the NIRF 2023 rankings for management. The school is in Rohtak, Haryana, and it has many undergraduate, graduate, and doctoral courses in law, management, and business administration. These courses are designed to meet the needs of a wide range of students with different academic interests and career goals.

MBA (PGP)

• Fees – 17.90 Lakhs
• Seats –120
• Duration – 2 Years
• Highest Package –Rs. 36 LPA
• Average Package – Rs. 18.73 LPA

Symbiosis Institute of Business Management (NIRF Ranking #13)

Symbiosis Institute of Business Management (SIBM) is a distinguished business institution in India. SIBM, which is situated in Pune, Maharashtra, was established in 1978 and is a component of the Symbiosis International University (SIU). The institute is renowned for its dedication to the development of a culture of innovation and excellence and the provision of high-quality management education.
Dr. S.B. Mujumdar, a social entrepreneur and educationist, established SIBM under the Symbiosis Society to foster international comprehension through high-quality education. SIBM has become a prominent figure in the field of management education, distinguished by its rigorous academic programmes and robust industry relationships.

MBA

• Fees –24.20 Lakhs
• Seats – 180
• Duration – 2 Years
• Highest Package –Rs. 49 LPA
• Average Package –Rs. 28.16 LPA

IIM Raipur (NIRF Ranking #14)

The Indian Institute of Management Raipur (IIM Raipur) was set up by the Indian government in 2010 in Raipur, which is the city of Chhattisgarh. It is a vibrant and dynamic place for learning. They use a variety of teaching methods, such as talks, case studies, business games, modelling exercises, role plays, group discussions, field trips, and projects based on real businesses. Guest talks from well-known business people help students learn more.
The focus is on all-around growth, teaching students how to be moral leaders who care about business, industry, and trade while also being socially aware.

MBA/PHPM

• Fees – 15.63 Lakhs
• Seats –N/A
• Duration – 2 Years
• Highest Package – Rs. 43.43 LPA
• Average Package – Rs. 21.04 LPA

Indian Institute of Foreign Trade (NIRF Ranking #15)

The Indian Institute of Foreign Trade (IIFT) is a distinguished business institution in India that specialises in international business and commerce. IIFT was established by the Government of India in 1963 with the objective of professionalising the country's foreign trade administration and increasing exports. This is accomplished through the development of human resources, the generation, analysis, and dissemination of data, and the conduct of research.

MBA

• Fees –21.77 Lakhs
• Seats – 258
• Duration – 2 Years
• Highest Package –Rs. 75.6 LPA
• Average Package – Rs. 27.3 LPA

IIT Madras (NIRF Ranking #16)

One of the most prestigious institutions in India is the Indian Institute of Technology (IIT), Madras. It all began with the vision of the then Prime Minister, Pandit Jawaharlal Nehru, who was encouraged by the Government of the Federal Republic of Germany to establish institutes for high-tech studies during their visit to Germany. In 1959, IIT Madras was established and inaugurated by Professor Humayun Kabir immediately following the signature of the Indo-German Agreement. This institute is recognised for its exceptional academic performance and is considered one of the best in India. It is an internationally recognised institution that provides research-oriented studies and high-quality information.

MBA

• Fees –10.03 Lakhs
• Seats – N/A
• Duration – 2 Years
• Highest Package – Rs. 30.6 LPA
• Average Package – Rs. 20.19 LPA

IIM Ranchi (NIRF Ranking #17)

A well-known state business school in Ranchi, Jharkhand, India, the Indian Institute of Management Ranchi (IIM Ranchi) opened in 2009. While IIM Ranchi is known for its high academic standards, it has many programmes, such as the Post Graduate Programme in Management (PGPM), which is its main programme. It also has classes in Human Resource Management, Business Analytics, an Executive MBA, and graduate programmes. It also has a one-of-a-kind Integrated Programme in Management (IPM) that takes five years and ends with an MBA degree for students.

MBA

• Fees – 17.30 Lakhs
• Seats – 250
• Duration –2 Years
• Highest Package –Rs. 67 LPA
• Average Package – Rs. 35.5 LPA

IIT Roorkee (NIRF Ranking #18)

Indian Institute of Technology Roorkee, also known as IIT Roorkee, is an autonomous institution situated in Uttarakhand. It was founded in 1847 and was originally known as Thomas College of Civil Engineering. This institution is recognised as the oldest technical institute in Asia. The Institute occupies 358.5 acres of land in Roorkee and is situated in the Haridwar District. The institute has two additional campuses, one of which is situated in Saharanpur, which is 30 km from Roorkee's main campus, and the other in Greater Noida.

MBA

• Fees –4.93 Lakhs
• Seats – 95
• Duration –2 Years
• Highest Package –Rs. 26 LPA
• Average Package –Rs. 18.50 LPA

IIT Kharagpur (NIRF Ranking #19)

IIT Kharagpur is the foremost institute in India, renowned for its exceptional academic standards, modern research facilities, and industry exposure. The institution was established on 18 August 1951 and was the first IIT to receive government support. The campus provides a comprehensive range of amenities for its scholars and students, such as state-of-the-art facilities, high-tech research laboratories, student clubs, sports clubs, libraries that are brimming with resources, and a variety of organisations and student groups that participate in extracurricular activities. It provides students with a diverse selection of undergraduate, postgraduate, diploma, certificate, and doctoral programmes.

MBA

• Fees –10.29 Lakhs
• Seats – 200
• Duration – 2 Years
• Highest Package –Rs. 43.37 LPA
• Average Package – Rs. 22.13 LPA

S. P. Jain Institute of Management and Research (NIRF Ranking #20)

SPJIMR (S.P. Jain Institute of Management & Research) was founded in Mumbai, Maharashtra, in 1981. Today, it is recognised as one of the two top business schools in India and is one of the five top business schools in India, as per Business Today. Additionally, it is one of the leading PG management institute in the world, as indicated by the Financial Times Global Rankings. According to the Swiss Association's Positive Impact Ratings, it is among the top five global business schools in terms of social impact. The University is a member of the visionary educational trust of India, Bharatiya Vidya Bhavan, which was established in 1938.

PGDM

• Fees –22.50 Lakhs
• Seats – 240
• Duration – 2 Years
• Highest Package –Rs. 81 LPA
• Average Package – Rs. 31.50 LPA

Any question in your mind?
Connect to our counsellor: 8826807515

Mujahid Tafseer

Mujahid Tafseer is a dedicated guide for management students, bringing a wealth of knowledge and expertise to his role. He holds an MBA from JSS Academy of Technical Education, Noida, and a B.Com from Mohammad Ali Jauhar University, Rampur. Mujahid is passionate about helping students navigate the complexities of management studies and achieve their academic and career goals.