Ranking of MBA Colleges in India by Economic Times. Find information related to the parameters, fee structure, admission, courses about colleges discussed.
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The ranking of MBA colleges in India by Economic Times 2022 is one of the most crucial ways to check which MBA college is worth the investment. After all, an MBA degree can help determine the path of a student’s career. The Functional Heads (for IT/HR/Finance/Marketing/Production) of the companies listed in the ET 500 list were asked to rank the B-schools in order of preference for recruitment, considering factors like readiness for professionalism, corporate life, technical knowledge, etc. The Economic Times 2022 ranking will be released soon.
Details on Ranking of MBA Colleges in India by Economic Times List 2021
The Economic Times ranking was based on data gathered from 253 responses across the five functional areas with 38 Finance Heads, 31 IT Heads, 97 HR Heads, 34 Production Heads, and 52 Manufacturing Heads. The table below lists the top 25 Business schools in 2021 ranked by Economic Times to consider for an MBA degree which will hold a lot of value and get the students ready to solidify their skills.
Note: The latest update on ranking of MBA colleges in India by Economic Times 2022 ranking will be released soon.
Also Read on MBA Admission
Top 10 MBA Colleges in India 2021 According to ET
The top 10 Economic Times MBA Colleges are discussed in detail below. These colleges are the top-ranked colleges not only according to the Economic Times ranking but also based on the NIRF ranking and Times Higher Education rankings. Find information regarding the same by clicking on the links provided.
IIM Ahmedabad
Indian Institute of Management, [IIM] Ahmedabad was established in late 1961 with the help of combined efforts by Dr. Vikram Sarabhai, Ravi J. Matthai, and Kasturbhai Lalbhai. IIM A has a number 1 rank in the ET Ranking 2021 and has been India's top 1 university for the longest time. IIM Ahmedabad courses offered are Executive MBA and PGP. The admissions are done based on IIM Ahmedabad cutoffs based on the category of students. The general category percentile cutoff is around 80%, with a relaxation of 10-15% for the SC/ST/OBC.
Read More: Indian Institute of Management, [IIM] Ahmedabad
XLRI-Xavier School of Management
Xavier Labour Relation Institute, located in Jamshedpur and established in 1949, ranks 2nd in the ET Ranking 2021 among prestigious business schools. The university has been known as the most common choice for MBA aspirants for a long time. It provides a 100% placement guarantee and enables students to step into the business world fully prepared. The courses offered at the university are Executive Diploma, Post Graduate Certificate, Fellowship Programme, and Post Graduate Diploma In Management.
Read More: Xavier Labour Relation Institute
IIM Bangalore
Indian Institute of Management, [IIM] Bangalore was established in 1973 and is one of the top universities in Asia. It is ranked 3rd in the ET 2021 ranking. It is accredited by the EQUIS, a reputed international accreditation body. IIM Bangalore has partnerships with many leading organizations for women entrepreneurship as well as various non-profit incubations. IIM Bangalore admissions are based on CAT/GMAT scores. IIM Bangalore cutoff criteria range from 90 -75 percentile based on the category of students.
Read More: Indian Institute of Management, [IIM] Bangalore
Symbiosis Institute of Business Management, [SIBM]
Among the top private MBA colleges in India, Symbiosis Institute of Business Management is a very well-known private institute located in Pune with a good reputation for quality education. SIBM is a constituent of Symbiosis International University and was established in 1978. The university is known to promote creativity and entrepreneurship in students. Approved by the University Grant Commission, It is accredited by National Assessment and Accreditation Council as an 'A' Grade. The ET Ranking 2021 positions this business school on 4th among many other renowned universities. The courses offered include the Master of Business Administration [MBA], Post Graduate Certificate, and Postgraduate Diploma.
Read More: Symbiosis Institute of Business Management
Indian Institute of Management, [IIM] Calcutta
IIM Calcutta was established in 1961 in partnership with the West Bengal Government and the Alfred P. Sloan School of Management [MIT], the Ford Foundation, and the Indian industry. It is ranked 5th in the ET 2021 ranking. IIM Calcutta is well-known for its finance-related courses and is known to be one of the best B-schools globally for finance. IIM Calcutta courses offer Executive programs, PG Diploma as well as an MBA program. The top Business schools' cutoffs are set based on different programs ranging from 70 to 90 percentile.
Read More: IIM Calcutta
Narsee Monjee Institute of Management Studies, [NMIMS]
NMIMS is one of the country's well-known universities in Mumbai, offering courses in various fields. It is a Deemed-to-be-University offering postgraduate programs for 35 years. Established in 1981, the university is UGC, AICTE, COA, BCI, PCI, and NIRF approved. It is also accredited by NBA and NAAC-A. It ranks in the 6th position in the ET 2021 ranking among top universities and business schools. NMIMS offers two years of full-time master's courses which include Masters of Business Administration [MBA], Executive MBA [EMBA], Post Graduate Certificate in Business Management [PGBM], and Post Graduate Certificate Programme in Management [PGCPM].
Read More: NMIMS
Institute of Management Technology, [IMT] Ghaziabad
The Institute of Management Technology, Ghaziabad, is an autonomous institution established in the year 1980. It is one of India's premier institutes. It has been ranked 7th in the ET 2021 ranking as one of India's best B-Schools. The Institute of Management Technology also has its campus in Nagpur, Dubai, and Hyderabad. The college focuses on student development through experiential learning. It also encourages student exchange wherein the student can go to one of the 59 countries with which IMT has a partnership. The college currently has four courses: PGDM part-time, Executive PGDM, full-time PGDM, and the PGDM Dual country program (DCP).
Read More: The Institute of Management Technology, Ghaziabad
IIM Lucknow
Indian Institute of Management, [IIM] Lucknow was established in 1984 and had fully integrated into top Global Management School delivering quality education. IIM Lucknow has been ranked 8th position in the latest ET ranking 2021. The courses offered by IIM Lucknow include Executive MBA, MBA, PGP, and PGD. The admission process is done online by filling the form, and eligible students should qualify with the cutoff set, which is 70 to 90 percentile based on the category of students.
Read More: Indian Institute of Management, [IIM] Lucknow
Management Development Institute, [MDI]
Established in the year 1973 as an autonomous institute and located in Gurugram, Management Development Institute offers various courses in Management. Ranking on 9th by ET Ranking, It is one of the pioneers in providing high-quality education in management studies. MDI is one of the top B-Schools offering PG programs of Management accredited by the All India Council for Technical Education. It is also awarded an 'A' grade by the National Board of Accreditation and the South Asian Quality Standards [SAQS] and the Association of MBAs [AMBA]. The courses offered by MDI are Fellowship Programme, National Management Programme, Post Graduate Diploma In Management [PGDM] {Executive}, Post Graduate Programme, and Post Graduate Programme in Management [PGPM].
Read More: Management Development Institute
Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai
Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai, was established in 1965. Its parent institution is the University of Mumbai. It is ranked 10th in the ET 2021 ranking. The institute is approved by the All India Council for Technical Education [AICTE]. Over the years, it has received various awards for providing quality education. The university offers courses like MMS, MSc in Finance, Masters in marketing, information and human resource, Doctoral programs.
Read More: Jamnalal Bajaj Institute of Management Studies, [JBIMS] Mumbai
Economic Times MBA Ranking Parameters
The Economic Times Ranking parameters are congruent to the leading B-Schools' acceptable global standards in the world. These parameters assess the institutes based on multiple factors, including but not limited to academics, placements, applicable skills, diversity, and many more. Find the full list of ET Ranking parameters given below.
- Value for money.
- Aims achieved by alumni on taking the course.
- Career services.
- Employability among students within three months of completing the course.
- Involvement of women in the institute's board
- International student in-take
- International mobility ranking
- International course experience ranking.
- Career progress.
- Female student percentage.
- Inclusion of international makeup of its faculty.
Read More: Top MBA Colleges in India
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