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MDRA in association with Business Today has released the rankings for B-Schools in India for the year 2016. The rankings have been given according to the data submitted by the B-Schools through a long and exhaustive questionnaire.
Brief Introduction to MRDA-Business Today Rankings: -
Master of Business Administration (MBA) and Post Graduate Diploma in Management (PGDM) are the most sought after postgraduate programmes of the 21st century. These courses train the students in managing business situations more efficiently and precisely. Nowadays, a high number of B-Schools are mushrooming that offer MBA/ PGDM programmes.
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There are best B-Schools as well as run-on-mill institutions in India. Business schools are trying to emerge as top institutions through adopting a variety of approaches. These majorly include inculcating international standards in education. However, thousands of other management institutes have been struggling to fill the empty seats.
At this juncture, there is a need to separate the wheat from the chaff and figure out the best B-Schools in the country. There are around 4,000 business schools in the country. Hence, MRDA in association with Business Tody invited applications from various B-Schools across the country to participate in the rankings. For the same, each B-School provided external or objective data. Evaluation of the data presented was used to determine the rankings.
Also read: - Indian Universities Should be Among Top 100 in Global Rankings: Narendra Modi ?
Parameters that are taken into consideration for MRDA-Business Today B-School Rankings 2016: -
| Parameter | Alloted Score |
|---|---|
| Learning Experience | 250 |
| Living Experience | 150 |
| Placement Performance | 250 |
| Selection Process | 150 |
| Future Orientation | 200 |
| Total | 1000 |
10 Best B-Schools as per MRDA-Business Today Rankings 2016: -
| Institute | Learning Experience Rank | Living Experience Rank | Placement Performance Rank | Selection Process Rank | Future Orientation Rank | Overall Rank |
|---|---|---|---|---|---|---|
| Indian Institute of Management, Ahmedabad | 1 | 1 | 1 | 1 | 3 | 1 |
| 2 | 2 | 2 | 2 | 2 | 2 | |
| Indian Institute of Management, Bangalore | 3 | 3 | 3 | 3 | 4 | 3 |
| XLRI Jamshedpur | 5 | 10 | 15 | 7 | 2 | 4 |
| S P Jain Institute of Management and Research, Mumbai | 4 | 29 | 10 | 9 | 5 | 5 |
| Management Development Institute, Gurgaon | 6 | 7 | 9 | 5 | 6 | 6 |
| FMS New Delhi | 13 | 35 | 4 | 8 | 10 | 7 |
| Indian Institute of Management, Kozhikode | 15 | 4 | 7 | 4 | 16 | 8 |
| Indian Institute of Management, Indore | 7 | 5 | 17 | 17 | 9 | 9 |
| International Management Institute, Delhi | 9 | 42 | 28 | 10 | 14 | 10 |
