Outlook-ICARE MBA Rankings- What Are The Top Private MBA Institutes?

The much anticipated Outlook-ICARE MBA Rankings 2020 have been published. Here are the finest MBA institutions according to the rankings!

Table of Contents

Outlook-ICARE MBA Rankings 2020: Methodology
Outlook i-Care MBA Rankings 2020: Top MBA Colleges in India
Closing Note

The prestigious Outlook-ICARE MBA Rankings 2020 have been published on the official Outlook website. The best 150 private MBA colleges of India are listed in the rankings. The survey is a true reflection and an outcome-based evaluation that relies on extensive industry insights and is supported by solid research. With an astounding aggregate score of 87.16, Xavier School of Management (XLRI) Jamshedpur won first place this year.

The second place was secured by the S. P. Jain Institute of Management & Research with an aggregate score of 81.01. It's followed closely by the Management Development Institute, Gurgaon with a score of 79.24 in the third position. The other top-notch MBA institutes in India also found their places in the rankings such as Birla Institute of Technology and Science (BITS) Pilani (at rank 10), Delhi Institute of Advanced Studies (at rank 75), and much more.

Outlook-ICARE MBA Rankings 2020: Methodology

The rankings' aim is to create a comprehensive framework for evaluating colleges in India that offer MBA and comparable management degrees based on employability-oriented criteria which is relevant globally. Faculty-Student Ratio (FSR) also plays an important role here along with Research Productivity & Quality, Gender Diversity, Faculty Experience, Regional Diversity, Median Salary, and much more.

The rankings can be classified under three broad categories:

Figures for all parameter heads are given for the top 25 public and top 75 private institutes,
Only the total score is given for 76-125 private universities, and
The public universities in the range of 26-30 and private universities in the range of 126-150 mostly have similar scores and thus the overall score has been avoided for them. Also, there are institutions for which no scores have been awarded and they are arranged in proper alphabetical order.

Outlook i-Care MBA Rankings 2020: Top MBA Colleges in India

Given below is the list of best MBA colleges in India as per their Outlook MBA rankings 2020.

Ranking	Name Of The Institutes	FSR, Research Score	Employability & Faculty Quality	Overall score
1.	XLRI Xavier School of Management, Jamshedpur	100 & 55.09	94.74 & 85.50	87.16
2.	S. P. Jain Institute of Management & Research, Mumbai	100 & 53.08	81.63 & 83.01	81.01
3.	Management Development Institute, Gurgaon	100 & 49.33	77.81 & 87.30	79.24
4.	SVKM's Narsee Monjee Institute of Management Studies, Mumbai	100 & 36.33	78.43 & 81.23	76.64
5.	Great Lakes Institute of Management, Chennai	100 & 23.43	79.02 & 80.23	75.45
10.	Birla Institute of Technology and Science, Pilani	100 & 8.93	76.56 & 68.76	69.10
20.	Xavier Institute of Management Bhubaneswar	60.54 & 2.09	78.70 & 63.75	59.05
30.	Birla Institute of Technology, Ranchi	100 & 0.67	61.49 & 44.91	53.84
40.	Principal L. N. Welingkar Institute of Management Development & Research, Mumbai	95.17 & 0.18	37.96 & 24.86	41.45
50.	Rajagiri Centre For Business Studies, Kochi	96.10 & 0.21	32.04 & 13.39	36.05
60.	Thiagarajar School of Management, Madurai	95.89 & 0.40	22.60 & 14.06	32.17
70.	JSS Academy of Higher Education & Research, Mysore	86.71 & 0.08	12.10 & 14.18	25.58
80.	N. L. Dalmia Institute of Management Studies and Research, Mumbai	-	-	20.81
90.	The Shanmugha Arts, Science, Technology & Research Academy (SASTRA), Thanjavur	-	-	16.53
100.	CMR University, Bengaluru	-	-	12.54
110.	Vignana Jyothi Institute of Management, Hyderabad	-	-	9.55
120.	GD Goenka University, Gurgaon	-	-	6.82
126- 150.	NIMS University, Jaipur	-	-	-
126- 150.	Universal Business School, Mumbai	-	-	-
126- 150.	International School of Business and Media (ISB&M), Pune	-	-	-
126-150.	The Northcap University, Gurgaon	-	-	-
126-150.	NIIT University, Neemrana	-	-	-
126-150.	Jaipuria Institute of Management, Indore	100 & 0.18	38.92 & 24.89	43.02

Closing Note

When there are hundreds of MBA colleges and MBA programs to choose from and the number is ever-increasing, the Outlook-ICARE MBA Rankings might assist you in deciding the best MBA college to enrol in. Even though there are scores of B-school rankings in India, the ranking's credibility and track record are the most significant factors to consider while seeking accurate advice. For more updates, stay tuned with us!

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I want to pursue MBA from LPU. If I did not appear for any entrance exam like CAT, MAT or XAT then can I get admission?

-Narain sharmaUpdated on January 12, 2026 06:44 PM

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vridhi, Student / Alumni

Yes, you can secure MBA admission at LPU without a CAT, MAT, or XAT score by qualifying through the university’s own entrance test, the LPUNEST (Lovely Professional University National Entrance and Scholarship Test). Successfully qualifying LPUNEST, along with meeting the minimum eligibility of 55% aggregate marks in graduation and successfully completing the Video Essay and Interview process, will make you eligible for admission.

What is the last date for applying MFC

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allysa , Student / Alumni

For LPU admissions (including Master of Food Science or similar programs), the **last date to apply and book your LPUNEST slot is usually around 15 January 2026. After this date, you may not be able to register for the entrance test or secure a seat through the regular admission cycle. The **final last date for completing the admission process (after counselling/seat allotment) is typically by 20 February 2026. If you miss these deadlines, you should contact the LPU admission office for any possible late or extended entry options.

Fee structure of Ph.D (Part-time) at LPU

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vridhi, Student / Alumni

The fee structure for part-time Ph.D. programs at Lovely Professional University (LPU) is consistent across various disciplines. The program fee is ₹50,000 per semester for both full-time and part-time modes. Additionally, an examination fee of ₹4,500 per semester is applicable, with the first semester's fee payable along with the second semester's fee or before. LPU +2 LPU +2 LPU +2 LPU offers financial assistance through teaching assistantships and research stipends for both full-time and part-time Ph.D. aspirants. LPU For the most accurate and up-to-date information, it's advisable to refer to the official LPU website or contact their admissions office directly.