Top NIRF Ranking MBA Colleges in India 2024

By Universitykart Team, Posted on Aug 16, 2024
Top NIRF Ranking MBA Colleges 2024

The NIRF Ranking 2024 has been declared for the top MBA colleges in India by the MHRD on 12 August 2024. According to the NIRF Ranking 2024MBA colleges once again grabbed the top 10 positions in which IIMs and IITs were included. In the NIRF Rankings of top MBA College 2024, Indian Institutes of Management (IIMs) continue to rule over management education in India, with IIM Ahmedabad still maintaining its top 1st position. Read the article below to learn more about the NIRF ranking of MBA colleges 2024.

The NIRF Ranking 2024 for all courses was released on 12 August by Minister of Education Dharmendra Pradhan. This year's ranking is dominated by IIMs in which IIM Ahmedabad has secured the top ist spot, followed by IIM Bangalore. Among all Management colleges, IIM Ahmedabad continues to be the top leader for the fifth consecutive year. Apart from IIM A, the IIMs got six positions in the top 10 MBA colleges, while IIT Delhi and IIT Mumbai got two positions each. XLRI Jamshedpur has maintained its 9th position this year. Here is the list of top MBA colleges in India 2024 ranked by NIRF Authority which are mentioned below. Also, know the parameters and process of these prestigious college rankings. 

NIRF Rankings 2024: Top 10 MBA Colleges in India

Once again the NIRF Ranking 2024 for management programs highlights the superiority of Indian Institutes of Management (IIMs) in the Indian higher education in our country. Here students can check below the list of top 10 MBA colleges in India ranked by NIRF authority for the year 2024:

Institute Name

NIRF Rankings 2024

Overall Score

IIM Ahmedabad

1

83.32

IIM Bangalore

2

81.16

IIM Kozhikode

3

77.90

IIT Delhi

4

76.25

IIM Calcutta

5

75.07

IIM Mumbai (NITIE)

6

74.73

IIM Lucknow

7

74.43

IIM Indore

8

73.53

XLRI Jamshedpur

9

68.13

IIT Bombay

10

67.16

NIRF Ranking 2024: Parameters

The National Institutional Ranking Framework (NIRF) works as a comprehensive method to evaluate institutions across India. For MBA programs, the ranking is based on five key parameters. According to the NIRF framework, each parameter maintains 100 points. The NIRF allots ranks to participating MBA institutions category-wise and based on overall score. Here students can check the table below for more details of the five parameters of the MBA colleges' NIRF ranking:

Parameters

Constituents

Teaching Learning and Resource (TLR)

  • Student Strength including Doctoral Students
  • Faculty-student ratio with emphasis on permanent faculty (FSR)
  • Combined metric for Faculty with PhD (or equivalent) & Experience (FQE)
  • Total Budget and Its Utilisation: (CBTU)

Research and Professional Practice (RPC)

  • Combined metric for Publications (PU)
  • Combined metric for Quality of Publications (QP)
  • IPR and Patents: Filed, Published, Granted and Licensed (IPR)
  • Footprint of Projects & Professional Practice and Executive Development Programs (FPPP)

Graduation Outcome (GO)

  • Combined % for Placement, Higher Studies, and Entrepreneurship (GPHE)
  • Metric for University Examinations: GUE
  • Median Salary
  • Metric for Graduating Students Admitted into Top Universities (GTOP)
  • Metric for Number of PhD Students Graduated GPHD

Outreach and Inclusivity (OI)

  • Percent Students from other states/countries (Region Diversity RD)
  • Percentage of Women (WF) + (WS) + (WA)
  • Economically and Socially Challenged Students (ESCS)
  • Facilities for Physically Challenged Students (PCS)

Perception

  • Peer Perception: Employers and Research Investors (PREMP)
  • Peer Perception: Academics (PRACD)
  • Public Perception (PRPUB)
  • Competitiveness (PRCMP)

Top 10 MBA Colleges in India with Fees, Cut off, Placements

#1 IIM Ahmedabad MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

25 Lakhs for 2 Years

Safe Cut-offs for Conversion

99.8%ile +

Placements (2023)

Average Package - 34.36 LPA Highest Package - 1.15 CPA

For complete details about the college and admission-Click Here

#2 IIM Bangalore MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

24.5 Lakh for 2 Years

Safe Cut-offs for Conversion

99.8%ile +

Placements (2023)

Average Package - 35.31 LPAHighest Package - 1.15 CPA

For complete details about the college and admission-Click Here

#3 IIM Kozhikode MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

20.5 Lakh for 2 Years

Safe Cut-offs for Conversion

99.5%ile

Placements (2024)

Average Package - 29.05 LPAHighest Package - 72.02 LPA

For complete details about the college and admission-Click Here

#4 DMS IIT Delhi MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

11.20 Lakh for 2 Years

Safe Cut-offs for Conversion

98%ile+

Placements (2023)

Average Package - 25.82 LPAHighest Package - 41.13 LPA

For complete details about the college and admission-Click Here

#5 IIM Calcutta MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

27 Lakh for 2 Years

Safe Cut-offs for Conversion

99.8%ile +

Placements

Average Package - 35.07 LPA (2023)Highest Package - 1.20 CPA (2024)

For complete details about the college and admission-Click Here

#6 IIM Mumbai MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

21 Lakh for 2 Years

Safe Cut-offs for Conversion

99%ile+

Placements

Average Package - 27.57LPA (2023)Highest Package - 54 LPA (2024)

For complete details about the college and admission- Click Here

#7 IIM Lucknow MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

20.75 Lakh for 2 Years

Safe Cut-offs for Conversion

99.5%ile+

Placements (2024)

Average Package - 30 LPAHighest Package - 1.23 CPA

For complete details about the college and admission- Click Here

#8 IIM Indore MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

21.17 Lakh for 2 Years

Safe Cut-offs for Conversion

99.3%ile+

Placements (2024)

Average Package - 25.68 LPAHighest Package - 1.00 CPA

For complete details about the college and admission-Click Here

#9 XLRI Jamshedpur MBA Fees, XAT Cut off, Placements

Particulars

Details

MBA Fees

28.6 Lakh for 2 Years

Safe Cut-offs for Conversion

99.8%ile +

Placements (2024)

Average Package - 29.89 LPAHighest Package - 75.00 LPA

For complete details about the college and admission-Click Here

#10 SJMSoM IIT Bombay MBA Fees, Cut off, Placements

Particulars

Details

MBA Fees

14.36 Lakh for 2 Years

Safe Cut-offs for Conversion

99%ile+

Placements (2023)

Average Package - 28.88 LPAHighest Package - 54.00 LPA

For complete details about the college and admission-Click Here

NIRF MBA ranking 2024: Top 100 MBA Colleges

The NIRF ranking 2024 has already announced on 12 August 2024 in which the authority provides important information about India’s top management institutions that are controlled or ruled by the Indian Institutes of Management (IIMs). This year's NIRF Ranking reflects the development and dynamics of management education in India and highlights universities that excel in teaching, research, placements, and overall academic performance. Here is the list of the top 100 MBA colleges in India in which overall scores and NIRF Ranking are mentioned below:

Institute Name

Overall Score

NIRF Ranking 2024

IIM Ahmedabad

83.32

1

IIM Bangalore

81.16

2

IIM Kozhikode

77.90

3

IIT Delhi

76.25

4

IIM Calcutta

75.07

5

IIM Mumbai (NITIE)

74.73

7

IIM Lucknow

74.43

6

IIM Indore

73.53

8

XLRI Jamshedpur

68.13

9

IIT Bombay

67.16

10

MDI Gurgaon

66.85

11

IIM Rohtak

66.49

12

SIBM Pune

65.13

13

IIM Raipur

64.40

14

IIFT Delhi

62.36

15

IIT Madras

62.83

16

IIM Ranchi

61.27

17

IIT Roorkee

61.21

18

IIT Kharagpur

61.03

19

S.P. Jain Institute of Management & Research

60.97

20

SVKM’s Narsee Monjee Institute of Management Studies

60.96

21

IIM Udaipur

60.93

22

IIM Kashipur

60.82

23

IIM Shillong

60.49

24

Jamia Millia Islamia, New Delhi

60.32

25

IIM Visakhapatnam

59.20

26

IIM Tiruchirappalli

57.67

27

Amrita Vishwa Vidyapeetham

57.40

28

Amity University Noida

57.23

29

IIT Kanpur

57.23

29

IIM Nagpur

56.94

31

MICA Ahmedabad

56.62

32

IIM Bodh Gaya

56.27

33

Great Lakes Institute of Management Chennai

56.15

34

IMT Ghaziabad

56.03

35

Chandigarh University

55.71

36

Goa Institute of Management

55.67

37

Lovely Professional University

55.49

38

ICFAI Foundation for Higher Education, Hyderabad

55.31

39

International Management Institute Delhi

54.89

40

UPES Dehradun

54.82

41

IIM Jammu

54.64

42

XIM University Bhubaneswar

54.49

43

Thapar Institute of Engineering and Technology Patiala

53.26

44

Jaipuria Institute of Management Noida

53.23

45

IIT-ISM Dhanbad

52.78

46

IIM Amritsar

52.57

47

Banaras Hindu University

52.26

48

IRMA Anand

51.54

49

IIM Sambalpur

51.47

50

NIT Trichy

51.40

51

Great Lakes Institute of Management, Gurgaon

51.35

52

Fore School of Management Delhi

51.08

53

Chitkara University

51.02

54

Nirma University

51.01

55

International Management Institute Kolkata

50.97

56

IIM Sirmaur

50.92

57

TA Pai Management Institute Manipal

50.78

58

Graphic Era University

50.59

59

Christ University

50.56

60

International Management Institute Bhubaneswar

50.38

61

Siksha ‘O’ Anusandhan Bhubaneswar

49.69

62

K J Somaiya Institute of Management Studies and Research

49.66

63

BIMTECH Gr Noida

49.44

64

Guru Gobind Singh Indraprastha University

49.40

65

Loyola Institute of Business Administration

49.26

66

Kalinga Institute of Industrial Technology

49.24

67

Malaviya National Institute of Technology, Jaipur

49.14

68

Anna University Chennai

48.92

69

Aligarh Muslim University

48.68

70

Alliance University Bangalore

48.38

71

Jaipuria Institute of Management Lucknow

48.32

72

Manipal University Jaipur

48.10

73

Saveetha Institute of Medical and Technical Sciences Chennai

47.92

74

Jaipuria Institute of Management, Lucknow

47.56

75

NIT Calicut

47.55

76

Jain University, Bangalore

45.63

77

Jamia Hamdard, Delhi

47.39

78

Koneru Lakshmaiah Education Foundation University (K L College of Engineering)

47.27

79

PSG College of Technology Coimbatore

47.13

80

Cochin University of Science and Technology

47.08

81

Thiagarajar School of Management Madurai

47.02

82

BML Munjal University Gurgaon

46.67

83

Principal L N Welingkar Institute of Management Development and Research

46.53

84

Atal Bihari Vajpayee Indian Institute of Information Technology and Management, Gwalior

46.47

85

Babasheb Bhimrao Ambedkar University Lucknow

46.42

86

Jagan Institute of Management Studies Delhi

46.38

87

New Delhi Institute Of Management

46.29

88

Pandit Deendayal Energy University Gandhinagar

45.39

89

Birla Institute of Technology Ranchi

45.00

90

National Institute of Bank Management Pune

44.85

91

Panjab University

44.70

92

Rajagiri Business School

44.33

93

Bharathidasan Institute of Management, Trichy

44.17

94

Tezpur University Assam

43.48

95

National Institute of Agricultural Extension Management Hyderabad

43.17

96

IMT Hyderabad

43.01

97

Galgotias University, Gautam Buddha Nagar

42.90

98

Krea University, Chittoor

42.82

99

NIT Warangal

42.63

100

Top 10 MBA Colleges: Previous Years NIRF Rankings 2021, 2022, 2023

This year's NIRF Rankings Authority highlights the excellence of the top IIM institutes but also shows the importance of other management institutions all over the country. Continuously for the last 3 years, IIM Ahmedabad was ranked as the No.1 management institute, which is followed by IIM Bangalore. Here you can check the top 10 MBA colleges in India for previous years NIRF Rankings 2021, 2022 and 2023 which are mentioned below:

Institute

NIRF Rank 2023

NIRF Rank 2022

NIRF Rank 2021

IIM Ahmedabad

1

1

1

IIM Bangalore

2

2

2

IIM Calcutta

4

3

3

IIT Delhi

5

4

5

IIM Kozhikode

3

5

4

IIM Lucknow

6

6

7

IIM Indore

8

7

6

Xavier Labour Relations Institute (XLRI)

9

8

8

NITIE Mumbai

7

9

12

IIT Madras

15

10

13

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