Top 40 business schools in India

To MBA or not to MBA. This I think is the biggest question plaguing many of the employed Indians who are through with the Maslow’s hierarchy of needs and waiting on self-actualization and self-esteem. There could be many reasons for this and the most popular one is stagnation of career. You have done everything right to reach where you are and not sure how to get ahead because the road from here is unclear. In some organizations its not there. This is where one will look for a purpose in life and seriously contemplate about an MBA. I am not telling you wether you need an MBA or not, because I am at this crossroads and I could not decide it for myself, yet. Having said that, here is the list of the top 50 B-schools in India. Before you think of a foreign MBA (which might cost you a fortune) just take a

look at the list and the value add that will be to your career. Considering India will be one of the biggest economy in the foreseeable future I don’t see a reason why you should not.

The list is long so please do not look for Indian School of Business (ISB) in the list. It did not feature in the list because of the school did not want to disclose any statistics and parameters required for the survey. Without looking into those factors in my opinion it should be above IIM Bangalore and below IIM Ahmedabad.

The ranking is done by mint in collaboration with Center for forecasting and research(C-fore). The ranking is based factors like intellectual capital, industry interface, infrastructure, international linkages, placement performance and recruiters perception.

There are around 1400 business schools in India and not more than 50 schools can fill the gap for corporate India. Lets take a look at the top 40.

1.IIM Ahmedabad (Ahmedabad) IIM-A rules, period. Its alumni include KV Kamath (ICICI Bank), Jerry Rao (founder of MPhasis), CK Prahlad(author of Fortune at the Bottom of Pyramid)), Harsha Bhogle (cricket commentator), Kiram Kramnik (NASSCOM) . It offers Post Graduate Program (PGP) , Post Graduate Program in Agri business management, Post Graduate Program in Public management and Policy and 1 year management program in management for executives.

2.IIM Bangalore (Bangalore) IIM-B is the second best Management Institute in India, It offers post Graduate Program(PGP), Post Graduate Program in Software Enterprise Management(PGSEM), Post Graduate Program in Public Policy and Management(PGPPM), Doctoral Programs, and different Executive Programs.

3.IIM Calcutta (Kolkata) IIM-C offers two year programs of Post Graduate Diploma in Management(PGDM), Post Graduate Diploma in Computer Aided Management(PGDCM), One year Post Graduate Program for Executives(PGPEX), and a new program of Post Graduate Diploma in Management for Visionary Leaders for Manufacturing(PGDM-VLM) which is started in August-2007.

4.IIM Lucknow (Lucknow) IIM-L offers Post Graduate Program in Management(PGP), Post Graduate Program in Agri Business Management, Post Graduate program in Business Management for Working Managers(WMP), International Program in Management for Executives(IPMX).

5.Management Development Institute(Gurgaon)It offers various Programs like Post Graduate Program in Management ,National Management Program, Executive Management Program, Fellow Program in Management, Fellow Program in Management, Post Graduate Program in Human Resource Management, Executive Fellow Program in Management, School of energy management, Post Graduate Program in public policy and Management, Post Graduate Program in International Management.

6. XLRI school of business and human resources (Jamshedpur) Offers programs in Personal Management and Industrial relations (PM&IR), Business Management (BM), General Management Program (GMP), Executive Management Program for Defence officers and other fellow programs and executive programs.

7. Faculty of Management Studies (New Delhi)

It offers courses in Master of Business Administration covering both part-time and full-time. It also offers full-time courses in Master of Business Administration- Management of Services amongst other courses.

8. IIM Indore Post graduate program (PGP), Management Development Program (MDP), 18 month executive post graduate program (EXE PGP) and several other programs.

9. SP Jain institute of management and research (Mumbai) Post graduate programs offered in marketing, finance, manufacturing, information management, international business and also Family Managed Business program. It also offers executive program.

10. ICFAI Business school (Hyderabad) Offers management programs in most of the areas.

11. Institute of Management Technology (Ghaziabad) Course are offered in Post Graduate Diploma in Management (PGDM), PGDM in Finance, Human Resources, International Business, Information Technology. This institute also offers executive programs.

Check out the rest of the schools and their website’s below :

12. Sailesh J. Mehta school of management (IIT Mumbai)

13. National institute of industrial engineering (Mumbai)

14. Narsee Monjee Institute of Management Studies (Mumbai)

15. IIM Kozhikode (Kozhikode)

16. Indian Institute of Foreign Trade (New Delhi)

17. International Management Institute (New Delhi)

18. Xavier Institute of Management (Bhubaneshwar)

19. Depart of Management Studies (IIT New Delhi)

20. Alliance Business Academy (Bangalore)

21. Vinod Gupta School Management (IIT, Kharagpur)

22. Bharathidasan Institute of Management (Tiruchirappali)

23. Institute of Public Enterprise (Hyderabad)

24. Birla Institute of Management Technology (Greater Noida)

25. TA Pai Management Institute (Manipal)

26. Welingkar Institute of Management Development and Research (Mumbai)

27. Institute for Financial Management and Research (Chennai)

28. BIMM (Pune) (formerly IIMM)

29. K J Somaiya Institute of Management Study and Research (Mumbai)

30. Nirma University, Institute of Management (Ahmedabad)

31. SIES College of Management Studies (Mumbai)

32. Lal Bahadur Shastry Institute of Mangement (Delhi)

33. Goa Institute of Management (Goa)

34. Institute of Management Technology (Nagpur)

35. Amrita School of Business (Coimbatore)

36. PSG Institute of Management (Coimbatore)

37. Christ University of Management, Department of Business Admn (Bangalore)

38. NIILM Centre for Management Studies (Delhi)

39. ICFAI Business School (Bangalore)

40. Xavier Institute of Management and Entrepreneurship (Bangalore)