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GRE
GMAT
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TOEFL

CAT Correspondence
IIT-JEE
Correspondence
  
Top 90 B-Schools (all lists are in
alphabetical order)

M
or
The Top 90 management institutes in the
e
country have been divided into seven broad
A
categories. A numerical ranking often does
bo
not have a sound scientific basis. The
ut
parameters and, more importantly, the
T.
weightages given to these tend to be
I.
extremely subjective.
M
.E
A qualitative analysis of a B-school on
.
pre-determined parameters can however give
...
you a more comprehensive picture. These
parameters include placement record, quality
of faculty members, quality of students,
quality of infrastructure, image of the
institute, etc. However being based on
19 perspective, the resultant rankings too, are
7 thus subject to many fierce debates. ​T.I.M.E.
Of has used its extensive student database,
fic years� of experience in the field and a
es proven methodology to categorize the top 90
in institutes.
10
2 Methodology
Cit
ies The B-School categorisation process adopted
by ​T.I.M.E. is an elaborate multi-step
Br process where due weightage is given to the
an statistics available about an institute in the
d public domain and the opinion of experts at
tur T.I.M.E. That�s why, it is a blend of expert
no opinion and objective data which makes it the
ve most accurate categorisation available. In the
r first stage, we identify the parameters that
of influence the rating of a B-School, which are
Rs whittled down further on the basis of the
.20 relative importance of the parameters
0 identified in the first stage. The parameters
cr used finally are (a) average CTC, (b) cut-off
or score at the institute, (c) number of
 e applicants, (d) location of the school, (e) age
las of the institute, (f) quality of alumni, and (g)
t faculty. These parameters constitute the
ye objective aspect of the categorisation
ar methodology, while the rating given by
T.I.M.E. experts to each institute constitutes
T.I. the subjective aspect. An elaborate scoring
M.E
. system is devised for each of the objective
Kid parameters, which is reviewed and modified
s​, by an expert panel. The data related to each
a institute for each of the above parameters is
ch collected and scrutinised for its authenticity.
ain Finally, scores are given to the institutes
of based on the scoring system according to the
pr authenticated data of the institute.
e
sc For each institute included in our list, it is the
ho flagship course of that institute that has been
ols considered for the purpose of the
by categorization. The only exception to the
T.I.
M.E above are the programs of the IIM�s where
. both the PGP and the Executive programs
have been treated on par and given the same
10 status. In some cases specific programs of
63 some top institutes (the MS program of FMS
stu and the HR program of MDI) have been
de graded at a different level than that of their
nts flagship program. This has been done on
sel account of the popularity of the program and
ect its relative standing against other such
ed programs of other institutes.
int As a part of the selection criteria, a number of
o management institutes also include a
the minimum percentage of marks to be scored
II by the students in their graduation for the
M students to be eligible to apply to such
s institutes.
in
C Click here to view the graduation percentage
A requirements of select B-Schools.
T0 CATEGORISATION OF THE TOP 90
8 B-SCHOOLS IN INDIA
The Top 90 B-Schools in the country have
Al been divided into seven broad categories. A
l numerical ranking often does not have a
 In sound scientific basis. The parameters and,
dia more importantly, the weightage given to
Ra these, tend to be extremely subjective. The
nk resultant rankings too, are thus subject to
s many fierce debates. In this case, T.I.M.E.
3​*​, has used its extensive student database and
7, experience in the field to categorise the Top
15, 90 B-Schools.
17
*​, Broadly, these categories are meant to aid the
20 students in applying to institutes. Within a
* category, the institutes are of approximately
.... the same quality. Of course, the
M categorisation is only indicative and students
or should make independent inquiries before
e taking a final decision about which institutes
tha to apply to.
n
34 The Top Ten are the so-called �Ivy-League�
0 institutes that every student dreams of
T.I. securing an admission into. Many of these
M.E
.
institutes are comparable with the best in the
stu world. Indeed, some of them regularly feature
de in the lists released by international business
nts magazines. These institutes invariably have a
cle 100% placement record. Even the
ar not-so-good students at these institutes
II manage to get very good jobs on account of
T- the �rub-off� effect of the institute.
JE
E The "AAA" (Triple A) & "AA" (Double A)
in categories of institutes are those that fall into
20 the Top 30. They offer a high quality of
09. education, faculty, and infrastructure
(​* facilities. These institutes have a 100%
cat placement record and are considered to be
eg just a notch lower than the �Ivy-League�
or schools like the IIMs and XLRI. A significant
y number of the top students at these institutes
ra are able to secure placements that are
nk comparable to those offered at the Top 10
s) institutes. Most students should be more than
happy to join these institutes if they are able
Aq to get admission.
ua
Re The "A" and "BBB" (Triple B) categories of
gia institutes offer a consistent quality of
, education in terms of faculty quality and
Na infrastructure facilities even though these
tio may not be comparable to those of the top 30
nal institutes. These institutes are successful in
Int providing high quality placements to their top
er students, especially those with good
Sc communication skills, but do not have a
ho 100% placement record. A student at one of
ol these institutes would have to work extra-hard
Sc to secure a good rank and high marks so as to
ien enhance her / his placement chances.
ce
Qu The "BB" (Double B) and "B" category
iz, institutes are those that are well regarded at
br the local level. These institutes may not
ea provide too many national-level placement
ks opportunities but are generally successful in
Gu providing placements to many of their
in students with prominent local companies.
ne
ss Top 10 Category
Re 1. Faculty of Management Studies (FMS),
co Delhi
rds 2. Indian Institute of Management,
Ahmedabad (IIM-A)
3. Indian Institute of Management,
Bangalore (IIM-B)
4. Indian Institute of Management,
Calcutta (IIM-C)
5. Indian Institute of Management, Indore
(IIM-I)
6. Indian Institute of Management,
Kozhikode (IIM-K)
7. Indian Institute of Management,
Lucknow (IIM-L)
8. Jamnalal Bajaj Institute of Management
Studies (JBIMS), Mumbai
9. Management Development Institute
(MDI), Gurgaon
10. Xavier Labour Relations Institute
(XLRI), Jamshedpur

"AAA" (Triple A) Category

 1. Faculty of Management Studies (FMS),
Delhi, (MS Programme)
2. Indian Institute of Foreign Trade
(IIFT), New Delhi
3. Indian Institute of Management,
Shillong (IIM-S)*
4. Indian Institute of Technology,
Bombay (IIT-B)
5. Indian Institute of Technology, Delhi
(IIT-D)
6. Institute of Management Technology
(IMT), Ghaziabad
7. International Management Institute
(IMI), New Delhi
8. National Institute of Industrial
Engineering (NITIE), Mumbai
9. S. P. Jain Institute of Management &
Research (SPJIMR), Mumbai
10. Symbiosis Institute of Business
Management (SIBM), Pune

"AA" (Double A) Category​

1. Bharathidasan Institute of Management
(BIM), Trichy
2. FORE School of Management, New
Delhi
3. Indian Institute of Foreign Trade
(IIFT), Kolkata Campus
4. K. J. Somaiya Institute of Management
Studies, Mumbai
5. Management Development Institute
(MDI), Gurgaon (HR Programme)
6. Mudra Institute of Communication,
Ahmedabad (MICA)
7. Narsee Monjee Institute of
Management Studies (NMIMS),
Mumbai
8. Symbiosis Centre for Management and
Human Resource Development
(SCMHRD), Pune
9. Tata Institute of Social Sciences
(TISS), Mumbai
10. Xavier Institute of Management,
 Bhubaneswar (XIM-B)

"A" Category​
1. Delhi School of Economics (DSE),
Delhi
2. Indian Institute of Technology, Madras
(IIT-M)
3. Institute for Financial Management and
Research (IFMR), Chennai
4. Lal Bahadur Shastri Institute of
Management, Delhi
5. Nirma University Institute of
Management, Ahmedabad
6. Sydenham Institute of Management
Studies and Research and
Entrepreneurship Education, Mumbai
7. Symbiosis Institute of International
Business (SIIB), Pune
8. T. A. Pai Management Institute
(TAPMI), Manipal
9. University Business School (UBS),
Chandigarh
10. Welingkar Institute of Management,
Mumbai

"BBB" (Triple B) Category

1. Amrita School of Business (ASB),
Coimbatore
2. Birla Institute of Management
Technology, NOIDA
3. Department of Commerce and
Management Studies, University of
Pune, Pune (PUMBA)
4. Department of Financial Studies (DFS),
University of Delhi, South Campus,
New Delhi
5. Goa Institute of Management (GIM),
Goa
6. Hyderabad Central University (HCU),
Hyderabad
7. Indian Institute of Social Welfare and
Business Management (IISWBM),
Kolkata
8. Indian Institute of Technology, Kanpur
 (IIT-K)
9. Indian Institute of Technology,
Kharagpur (IIT-KGP)
10. Institute of Management Development
and Research (IMDR), Pune
11. Institute of Management Technology
(IMT), Nagpur
12. Institute of Rural Management, Anand
(IRMA) (for Rural Management)
13. Institute of Technology & Management
(ITM), Mumbai
14. Loyola Institute of Business
Administration (LIBA), Chennai
15. Symbiosis Institute of Telecom
Management (SITM), Pune

"BB" (Double B) Category

1. Alliance Business Academy (ABA),

Bangalore
2. Amity Business School, New Delhi
3. Bharathidasan Institute of Management
(BIM), Bangalore
4. Christ College, Bangalore
5. Indian Institute of Forest Management
(IIFM), Bhopal
6. Institute of Management Technology
(IMT), Dubai Campus
7. Master of Business Economics (MBE)
Programme of the Delhi University
8. NL Dalmia Institute of Management
Studies & Research (NLDIMSR),
Mumbai
9. Osmania University College of
Business Management (OUCBM),
Hyderabad
10. SDM Institute for Management
Development (SDM-IMD), Mysore
11. SIES College of Management Studies,
Mumbai
12. Symbiosis Center for Information
Technology (SCIT), Pune
13. Symbiosis Institute of Management
Studies (SIMS), Pune
 14. Symbiosis Institute of Mass
Communication (SIMC), Pune
15. Xavier Institute of Management and
Entrepreneurship (XIME), Bangalore

"B" Category

1. B. K. School of Business Management,

Ahmedabad
2. Birla Institute of Technology (BIT),
Mesra, Ranchi
3. EMPI Business School (EMPI), New
Delhi
4. School of Management Studies, BHU,
Varanasi
5. ICFAI Business School (IBS), Gurgaon
6. ICFAI Business School (IBS),
Hyderabad
7. ICFAI Business School (IBS), Navi
Mumbai
8. Indian Institute of Finance (IIF), New
Delhi
9. Indian Institute of Technology,
Roorkee (IIT-R)
10. Indian School of Mines (ISM),
Dhanbad
11. Institute of Public Enterprise (IPE),
Hyderabad
12. Institute of Technology & Management
(ITM), Chennai
13. Kirloskar Institute of Advanced
Management Studies (KIAMS),
Harihar, Karnataka
14. National Institute of Technology (NIT),
Trichy
15. Pondicherry Central University (PCU),
Puducherry
16. PSG Institute of Management,
Coimbatore
17. School of Communication &
Management Studies (SCMS), Cochin
18. School of Management (SMS), Cochin
University of Science & Technology,
Cochin
 19. Sri Ram College of Commerce,
MBA-GBO, Delhi
20. Symbiosis Institute of Operations
Management (SIOM), Nasik
Other Popular B-Schools (Region-wise)

East North
● Army Institute ● Fortune Inst. of
of Management, Intrnl. Business,
Kolkata New Delhi
● Globsyn, ● FOSTIIMA,
Kolkata New Delhi
● ICFAI Business ● IIPM, New
School (IBS), Delhi
Kolkata ● Indian Inst. of
● ISB&M, Tourism and
Kolkata Travel
● XISS, Ranchi Management,
Gwalior
● Institute of
Integrated
Learning in
Management
(IILM), Noida
● Jaipuria
Institute of
Management
(JIM), Noida
● New Delhi
Institute of
Management,
New Delhi
● NILM Center
for Mngt.
Studies, New
Delhi
● Pearl School of
Business,
Gurgaon
● R A Podar
Institute of
Management,
Jaipur
South West
● Badruka ● Bharatiya
 Institute of Vidyapeeth,
Foreign Trade, Pune
Hyderabad ● ICFAI Business
● Department of School (IBS),
Mngt. Studies, Ahmedabad
Anna ● ICFAI Business
University, School (IBS),
Chennai Pune
● Gitam Institute ● Indian Institute
of Foreign of Modern
Trade, Management,
Visakhapatnam Pune
● ICFAI Business ● Indira Institute
School (IBS), of Management,
Bangalore Pune
● ICFAI Business ● Institute of
School (IBS), Business Mngt.
Chennai & Research,
● Indian Business Pune
Academy ● Lala Lajpath
(IBA), Rai Inst. of
Bangalore Management,
● Institute of Mumbai
Tech. & ● MIT School of
Management, Management,
Bangalore Pune
● Intrnl. School of ● National
Business & Institute of
Media, Banking and
Bangalore Mgnt., Pune
● International ● National
School of Insurance
Management Academy, Pune
Excellence, ● Sadhana Center
Bangalore for Management
● M. S. Ramaiah and Leadership
Institute of Development
Management, (SCMLD), Pune
Bangalore ● St. Xavier�s
● Rajagiri College School of
of Social Management,
Sciences, Mumbai
Cochin ● Thakur College
● Siva Sivani of Management,
Institute of Mumbai
 Management,
Hyderabad
● SSN School of
Mgnt. &
Computer
Applications,
Chennai
● St. Joseph
College of
Commerce,
Bangalore
● Vignana Jyothi
Inst. of
Management,
Hyderabad
Disclaimer:​ The above list has been compiled based
on various objective and subjective data/ information
gathered by experts at T.I.M.E. The list is meant to
serve only as a guidance to students who wish to
apply to B-Schools. While the best possible care has
been taken by T.I.M.E. in compiling this list, T.I.M.E. is
not responsible for the decision(s) taken by any
student / parent on the basis of this list. Students are
advised to check the credentials of a B-School before
taking a decision to apply or to join.

* IIM-Shillong has been included in the said category

primarily on the basis of the long-term rub-off effect
of the brand equity of the IIM brand on a student�s
career.

​Top

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