Unlimited Access to Online Course Modules at a Click
Learn More

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

Soham RoyUpdated On: November 12, 2021

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

Outlook-ICARE MBA Rankings

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.

Also Read: FT EMBA Rankings 2020: ISB's PGPMAX Ranked Best EMBA Course in India

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.


Name Of The Institutes

FSR, Research Score

Employability & Faculty Quality 

Overall score


XLRI Xavier School of Management, Jamshedpur

100 & 55.09

94.74 & 85.50



S. P. Jain Institute of Management & Research, Mumbai

100 & 53.08

81.63 & 83.01



Management Development Institute, Gurgaon

100 & 49.33

77.81 & 87.30



SVKM's Narsee Monjee Institute of Management Studies, Mumbai

100 & 36.33

78.43 & 81.23



Great Lakes Institute of Management, Chennai

100 & 23.43

79.02 & 80.23



Birla Institute of Technology and Science, Pilani

100 & 8.93

76.56 & 68.76



Xavier Institute of Management Bhubaneswar

60.54 & 2.09

78.70 & 63.75



Birla Institute of Technology, Ranchi

100 & 0.67

61.49 & 44.91



Principal L. N. Welingkar Institute of Management Development & Research, Mumbai

95.17 & 0.18

37.96 & 24.86



Rajagiri Centre For Business Studies, Kochi

96.10 & 0.21

32.04 & 13.39



Thiagarajar School of Management, Madurai

95.89 & 0.40

22.60 & 14.06



JSS Academy of Higher Education & Research, Mysore

86.71 & 0.08

12.10 & 14.18



N. L. Dalmia Institute of Management Studies and Research, Mumbai





The Shanmugha Arts, Science, Technology & Research Academy (SASTRA), Thanjavur





CMR University, Bengaluru





Vignana Jyothi Institute of Management, Hyderabad





GD Goenka University, Gurgaon




126- 150.

NIMS University, Jaipur




126- 150.

Universal Business School, Mumbai




126- 150.

International School of Business and Media (ISB&M), Pune





The Northcap University, Gurgaon





NIIT University, Neemrana





Jaipuria Institute of Management, Indore

100 & 0.18

38.92 & 24.89


Also Read: IIM Bangalore Among Top 50 in QS Executive MBA Rankings 2020

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!

Related Links

NIRF MBA Rankings (2021, 2020, 2019): Check Top Management Colleges HereSteps to Follow for Admission to Top MBA Colleges
MBA Fees in India: Check Fees of Top MBA Colleges in IndiaEmerging MBA Specialisations in India: Colleges, Jobs and Salary Scope


Be the First to Know

Get Access to Latest Updates

View All Questions

Related Questions

How is MBA at Lovely Professional University?

-ParulUpdated on November 18, 2021 11:47 AM
  • 62 Answers
Abhinav Chamoli, CollegeDekho Expert

Dear Student,

Lovely Professional University (LPU), Phagwara is one of the best and largest educational institutions in India. The university boasts stellar infrastructure facilities along with an excellent alumni network and a strong faculty for its MBA course.

While studying MBA from LPU, you would be provided access to world-class resources for learning and gaining practical experience. The university also maintains a good placement record with almost 100% placements for the MBA batch every year. The highest salary package for the course is around Rs. 15 LPA.

If you need help with admission to MBA at LPU, you can apply ...


hey i want to pursue MBA but in Punjab only so which college is best for me that assure me best job after pursuing MBA? please suggest me.

-Gurpreet KaurUpdated on November 17, 2021 02:56 PM
  • 23 Answers
Abhinav Chamoli, CollegeDekho Expert

Dear Student,

Placements in your MBA course largely depend on various factors including your performance in the course, reputation of college etc. Hence, when choosing an MBA course from a placement point of view, it is best to check their previous year placement records to get an idea.

There are a number of colleges in Punjab that offer good placements in the MBA course. Some of the popular ones that you can consider include:


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 November 15, 2021 11:27 AM
  • 55 Answers
Shreya Sareen, CollegeDekho Expert

Dear Student

Yes, you can apply for MBA admission at Lovely Professional University, Phagwara even if you have not appeared for CAT, MAT or any other entrance examination. However, you will have to appear for the University's own entrance examination (LPUNEST). The entrance examination will help you get a scholarship based on your bachelor scores and performance in the entrance examination. The college will also conduct a personal interview round. Once you have cleared all the rounds, you will have to submit an amount of INR 10,000 as the initial amount for admission. Besides this, you will have ...


Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy
Apply Now

Management Related News

Top 10 Management Colleges in India

View All

Join us and get exclusive education updates!