Why is NIRF ranking important for management colleges?

NIRF ranking enables a comprehensive assessment of management institutions based on varied parameters. It guides the students and parents in decision-making, and by raising the stature of the institutions, it also acts as a motivation for the institutions to up their performance levels.

What is the importance of placement records in NIRF ranking?

Placement records are a crucial component of the Graduation Outcomes parameter. A strong placement record positively impacts a management institute's overall NIRF ranking.

Are there any other ranking frameworks for management colleges in India?

Yes, there are others, such as the Financial Times Global MBA Ranking, the QS World University Rankings, and Times Higher Education World University Rankings. But when it comes to the local ranking system, NIRF is the most pervasive and reputed in India.

How can one compare management colleges through the NIRF ranking?

You can compare colleges based on their overall rank, rank in specific parameters, and score. Looking at the trend of their rankings over the years is also useful.

NIRF Ranking 2024 for Top Management Colleges: List of Top Management Institutes in India

The Ministry of Education has published the National Management Framework (NIRF) 2024, for management institutions. In the 2023 ranking-IIM Ahmedabad at first position with a score of 83.20. This year also, IIM Ahmedabad has occupied the first position among all management institutes in the country. Check NIRF Top Management Institutes 2024, college ranking, Score and more details here.

NIRF Management Ranking 2024 Updates

The Ministry of Education (MoE) released the Ninth Edition of NIRF Rankings 2024 on August 12, 2024. IIM Ahmedabad has secured the first position in the top management college category in NIRF Ranking 2024. Followed by IIM Bangalore and IIM Kozhikode in the second and third spots, respectively.

IIT Delhi has moved up to the fourth position this year while IIM Kolkata has fallen to the fifth spot, where IIM Mumbai is ranked sixth, National Institute of Industrial Engineering (NITIE), Mumbai i.e. IIM Mumbai was ranked seventh last year. This year, IIM Indore has ranked eighth position and Xavier School of Management (XLRI), Jamshedpur has also ranked ninth, and IIT Mumbai is also in tenth position.

NIRF rankings are published based on various parameters such as teaching, learning and resources, research and professional practice, learning outcomes, outreach and inclusivity and peer's perspective.

Top 10 NIRF Rankings 2024 Management Institutes

The Ministry of Education (MOE) released the 9th edition of the NIRF Ranking 2024 on 12 August 2024. The Indian Institute of Management (IIM) Ahmedabad has been ranked first in the management category in NIRF ranking 2024. Here is the list of the top 10 NIRF Ranking 2024 Management Institutes:

Rank	Name of Institute
1	Indian Institute of Management (IIM) Ahmedabad
2	Indian Institute of Management (IIM) Bangalore
3	Indian Institute of Management (IIM) Kozhikode
4	Indian Institute of Technology (IIT) Delhi
5	Indian Institute of Management (IIM) Calcutta
6	Indian Institute of Management, Mumbai
7	Indian Institute of Management (IIM) Lucknow
8	Indian Institute of Management (IIM) Indore
9	Xavier School of Management (XLRI), Jamshedpur
10	Indian Institute of Technology (IIT) Bombay

Last year too, IIM Ahmedabad was ranked first in the NIRF ranking, while IIM Bangalore and IIM Kozhikode were second and third respectively.

NIRF Ranking 2024: Top Management Colleges Parameters

Check the mentioned below for details of the parameters of the Management College's 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 who 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 100 NIRF Ranking Management Colleges

Name	State	Score	Rank
Indian Institute of Management Ahmedabad	Gujarat	83.32	1
MICA	Gujarat	56.62	32
Nirma University	Gujarat	51.01	55
Aligarh Muslim University	Uttar Pradesh	48.68	70
Indian Institute of Management Amritsar	Punjab	52.57	47
Institute of Rural Management Anand (IRMA)	Gujarat	51.54	49
Indian Institute of Management Bangalore	Karnataka	81.16	2
Christ University	Karnataka	50.56	60
Alliance University	Karnataka	48.38	71
Jain University, Bangalore	Karnataka	47.47	77
XIM University	Odisha	54.49	43
International Management Institute, Bhubaneswar	Odisha	50.38	61
Siksha `O` Anusandhan	Odisha	49.69	62
Kalinga Institute of Industrial Technology	Odisha	49.24	67
Panjab University	Chandigarh	44.70	92
Indian Institute of Technology Madras	Tamil Nadu	61.73	16
Great Lakes Institute of Management	Tamil Nadu	56.15	34
Loyola Institute of Business Administration	Tamil Nadu	49.26	66
Anna University	Tamil Nadu	48.92	69
Saveetha Institute of Medical and Technical Sciences	Tamil Nadu	47.92	74
Cochin University of Science and Technology	Kerala	47.08	81
Rajagiri Business School	Kerala	44.33	93
Amrita Vishwa Vidyapeetham	Tamil Nadu	57.40	28
PSG College of Technology	Tamil Nadu	47.13	80
UPES	Uttarakhand	54.82	41
Graphic Era University	Uttarakhand	50.59	59
Jagan Institute of Management Studies Technical Campus	Delhi	46.38	87
New Delhi Institute of Management	Delhi	46.29	88
Indian Institute of Technology (Indian School of Mines) Dhanbad	Jharkhand	52.78	46
Pandit Deendayal Energy University	Gujarat	45.39	89
Amity University	Uttar Pradesh	57.23	29
Galgotias University	Uttar Pradesh	42.90	98
Indian Institute of Management Bodh Gaya	Bihar	56.27	33
Institute of Management Technology	Uttar Pradesh	56.03	35
Birla Institute of Management Technology	Uttar Pradesh	49.44	64
Great Lakes Institute of Management	Haryana	51.35	52
BML Munjal University	Haryana	46.67	83
Management Development Institute	Haryana	66.85	11
Atal Bihari Vajpayee Indian Institute of Information Technology and Management	Madhya Pradesh	46.47	85
ICFAI Foundation for Higher Education, Hyderabad	Telangana	55.31	39
National Institute of Agricultural Extension Management	Telangana	43.17	96
Institute of Management Technology	Telangana	43.01	97
Indian Institute of Management Indore	Madhya Pradesh	73.53	8
Malaviya National Institute of Technology	Rajasthan	49.14	68
Manipal University, Jaipur	Rajasthan	48.10	73
Jaipuria Institute of Management	Rajasthan	47.56	75
Indian Institute of Management Jammu (IIMJ)	Jammu and Kashmir	54.64	42
XLRI - Xavier School of Management	Jharkhand	68.13	9
Indian Institute of Technology Kanpur	Uttar Pradesh	57.23	29
Indian Institute of Management Kashipur	Uttarakhand	60.82	23
Indian Institute of Technology Kharagpur	West Bengal	61.03	19
Indian Institute of Management Calcutta	West Bengal	75.07	5
International Management Institute, Kolkata	West Bengal	50.97	56
Indian Institute of Management Kozhikode	Kerala	77.90	3
National Institute of Technology Calicut	Kerala	47.55	76
Indian Institute of Management Lucknow	Uttar Pradesh	74.43	7
Jaipuria Institute of Management, Lucknow	Uttar Pradesh	48.32	72
Babasaheb Bhimrao Ambedkar University	Uttar Pradesh	46.42	86
Thiagarajar School of Management	Tamil Nadu	47.02	82
T. A. Pai Management Institute, Manipal	Karnataka	50.78	58
Chandigarh University	Punjab	55.71	36
Indian Institute of Management Mumbai	Maharashtra	74.73	6
Indian Institute of Technology Bombay	Maharashtra	67.16	10
S. P. Jain Institute of Management and Research	Maharashtra	60.97	20
SVKM`s Narsee Monjee Institute of Management Studies	Maharashtra	60.96	21
K J Somaiya Institute of Management Studies and Research	Maharashtra	49.66	63
Prin. L.N. Welingkar Institute of Management Development and Research (PGDM)	Maharashtra	46.53	84
Indian Institute of Management Nagpur	Maharashtra	56.94	31
Indian Institute of Technology Delhi	Delhi	76.25	4
Indian Institute of Foreign Trade	Delhi	62.36	15
Jamia Millia Islamia	Delhi	60.32	25
International Management Institute	Delhi	54.89	40
Fore School of Management	Delhi	51.08	53
Guru Gobind Singh Indraprastha University	Delhi	49.40	65
Jamia Hamdard	Delhi	47.39	78
Jaipuria Institute of Management	Uttar Pradesh	53.23	45
Thapar Institute of Engineering and Technology (Deemed-to-be-university)	Punjab	53.26	44
Lovely Professional University	Punjab	55.49	38
Symbiosis Institute of Business Management	Maharashtra	65.13	13
National Institute of Bank Management	Maharashtra	44.85	91
Indian Institute of Management Raipur	Chhattisgarh	64.40	14
Chitkara University	Punjab	51.02	54
Indian Institute of Management Ranchi	Jharkhand	61.27	17
Birla Institute of Technology	Jharkhand	45.00	90
Indian Institute of Management Rohtak	Haryana	66.49	12
Indian Institute of Technology Roorkee	Uttarakhand	61.21	18
Indian Institute of Management Sambalpur	Odisha	51.47	50
Goa Institute of Management	Goa	55.67	37
Indian Institute of Management Shillong	Meghalaya	60.49	24
Indian Institute of Management Sirmaur	Himachal Pradesh	50.92	57
Krea University	Andhra Pradesh	42.82	99
Tezpur University	Assam	43.48	95
Indian Institute of Management Tiruchirappalli	Tamil Nadu	57.67	27
National Institute of Technology Tiruchirappalli	Tamil Nadu	51.40	51
Bharathidasan Institute of Management	Tamil Nadu	44.17	94
Indian Institute of Management Udaipur	Rajasthan	60.93	22
Koneru Lakshmaiah Education Foundation University (K L College of Engineering)	Andhra Pradesh	47.27	79
Banaras Hindu University	Uttar Pradesh	52.26	48
Indian Institute of Management Visakhapatnam	Andhra Pradesh	59.20	26
National Institute of Technology Warangal	Telangana	42.63	100

Top Private Management Colleges in India

NIRF Ranking 2024 was released on August 12th, which provides the most important information about educational institutions, including public and private colleges. Focusing on specific areas is important to choose the best private colleges. If you are looking for a private college, the NIRF list provides a complete comparison based on education, study materials, research output and placement record. Here is the list of the top NIRF 2024 Management Private colleges:

College Name	Entrance Exam
XLRI Xavier School of Management	XAT
Management Development Institute	CAT, GMAT, XAT, MAT, ATMA, CMAT
Great Lakes Institute of Management, Chennai	GMAT, CAT, or XAT
T A Pai Management Institute, Manipal, MAHE	IPMAT Indore, JIPMAT, JEE Mains, SAT, CLAT, and MET

Top Government Management Colleges in India

Government institutes continue to dominate the top ranks in the NIRF 2024 Management colleges. These institutes have proved themselves repeatedly in terms of excellence in teaching, research, and innovation. The IIM Ahmedabad has secured the top position and is followed by IIM Bangalore. Here is the list of the top NIRF 2024 Management government colleges are:

College Name	Entrance Exam
IIM Ahmedabad	CAT
IIM Bangalore	CAT
IIM Calcutta	GRE, MAT, CMAT, CAT, UGC NET
IIT Delhi	JEE Main, JEE Advanced, GATE, IIT JAM

Impact of NIRF Rankings on Students’ Choice

The NIRF ranking is very important for students and parents by which they can select or choose the Management college as per their preference. NIRF Authority provides important information about the institutes like the quality of education, research opportunities, placements and the reputation of the institute. The higher-ranked colleges have better and higher facilities, fees, etc than the other institutes and the placement opportunities make them attractive when choosing the college options. Candidates must have to check NIRF Ranking 2024 before being admitted to any management institutes.

Top Management Exams in India

Management exams in India are crucial to determining their admission to the top Management these are conducted at the National level and state levels both these exam checks a student's understanding of Management. The most famous exams are the CAT, MAT, UGC NET, etc by which the students can gain admission to prestigious institutes like IIMs and IITs and there are many other National and State-level exams mentioned below:

Top Management Entrance Exams in India are: