These rankings are important as they allow students and parents to make informed decisions while selecting an MBA college. Instead of relying on brand names or opinions of others NIRF provides a data driven, government approved list that reflects how successfully an institute is doing across various key areas. It is also deeply respected by recruiters, academic institutions and policymakers.

The NIRF rankings are based on different defined parameters which include Teaching, Learning & Resources (TLR) keeping in mind faculty quality, infrastructure and student-faculty ratio. Research and Professional Practice (RP) encompasses research output, publications and projects. Graduation Outcomes (GO) checks how well the students do after completing the course including placements, compensations and higher studies. Other parameters like Outreach and Inclusivity (OI) and Perception (perceptions of the institute by people) are also considered. All these parameters collectively give an overall idea regarding the quality and contribution of a business school.

Overall NIRF are reliable rankings that allows MBA applicants to compare colleges beyond reputation, offering more insight into a college's standing.

NIRF Ranking Parameters

While ranking management colleges in India, NIRF considers five primary areas (parameters) to determine how good a college is. These parameters or major areas are mentioned below:

• Teaching & Learning Resources (TLR): This measures how good the teachers are, how many teachers students have and what type of classrooms, libraries and labs the college has.

• Research & Professional Practice (RP): This examines the amount of research work the college undertakes such as publishing articles or conducting industry projects.

• Graduation Outcomes (GO): This looks at what students do upon completion of their MBA – the number that find employment, their compensation and how many pursue higher studies.

• Outreach & Inclusivity (OI): This considers how much diversity there is in the college – if students of varying backgrounds, geographies and genders are present.

• Perception: This is regarding how individuals perceive the college – including input from recruiters, other colleges and the public.

These five points assist NIRF in providing a fair and transparent ranking of MBA colleges in India.

Weightage Given to Each Parameter by NIRF Ranking

Top 10 MBA Colleges in the NIRF Ranking 2024, 2023 and 2022 

Every year the Ministry of Education releases the NIRF rankings to present the performance of colleges in India. The rankings are especially helpful for students who want to do an MBA because they give a good idea about which college is best.

Below is a list of the top 10 MBA colleges in India according to the NIRF rankings of 2024, 2023 and 2022. The comparison enables the aspirants to see which colleges have been consistent over the years and which have improved their ranking.

List of Top Government Colleges in the NIRF Ranking 2024, 2023 and 2022

For those who are aspiring to pursue an MBA from one of India's best government colleges, the NIRF rankings can be a good starting point. The Ministry of Education publishes the rankings every year and they guide students about how colleges are performing. Following are the rankings of the top government MBA colleges in India in 2024, 2023 and 2022. 

List of Top Private Business Schools in the NIRF Ranking 2024, 2023 and 2022

For students who want to secure admission to private business schools, NIRF rankings prove to be of great help as they give them an idea of the best-performing institutes. Published every year these rankings allow students to compare colleges on various parameters like quality of education, infrastructure and placement record.

Here is a list of India's best private business schools ranked in 2024, 2023 and 2022 so that they can see the way these institutes have been doing year by year. 

LIIMs in the NIRF Ranking 2024, 2023 and 2022

IITs in the NIRF Ranking 2024, 2023 and 2022

MBA Colleges that Experienced Shifts in the NIRF Ranking 2024 MBA

The NIRF 2024 Management Rankings brought numerous surprises and shifts in the MBA landscape. The ranking saw a few jumps as well as some of the strong names saw declines. The details are given below:

Jumps in the Government and Public Business Schools NIRF Ranking 2024

Jumps in the Private Management Colleges NIRF Ranking 2024

Several private MBA schools also improved their positions due to stable quality of study, better placements and improved public image.

Institutes Which Dropped in the NIRF Ranking 2024

Meanwhile, some of the best B-schools fell in the ranking. This could be due to the fact that competition has increased more, placement performance has been slightly worse or the research and outreach indices have fallen.

MBA Colleges in North Zone with the NIRF Ranking 2024

India's North Zone contains numerous premier MBA institutes like IIMs, IITs and prestigious private institutions. In NIRF Management Rankings 2024, many such institutes have secured well-placed positions.

Here is the performance of northern state’s management colleges in this year's rankings from Delhi and Punjab to Uttarakhand and Uttar Pradesh. Below is a list of MBA colleges in North Zone with the NIRF ranking 2024:

MBA College in South Zone with the NIRF Ranking 2024

South Indian region has some of the best MBA colleges in the country like highly ranked IIMs, IITs and some other popular institutes. Colleges from Karnataka, Kerala, Tamil Nadu, Telangana and Andhra Pradesh states have performed well in the NIRF Management Rankings 2024. From IIM Bangalore and IIM Kozhikode to popular private B-schools like Great Lakes and ICFAI, this compilation comprises the top management colleges in South India and their ranking this year.

MBA College in East Zone with the NIRF Ranking 2024

The Eastern region of India houses some of the most prestigious MBA schools that have performed well in the NIRF Management Rankings 2024. This includes some of the top institutes like XLRI Jamshedpur, IIM Calcutta, IIM Ranchi etc and emerging IIMs along with other key universities of states like Jharkhand, Odisha, West Bengal, Bihar, Meghalaya and Assam. The ranking of these colleges this year is listed in the table given below: 

Indian West Zone is home to India's most well-known management institutes. From the top-ranked IIM Ahmedabad to favourite private B-schools like SPJIMR, NMIMS and MICA this zone has both a good mix of government as well as private MBA colleges. Maharashtra, Gujarat and Goa state are at the top of NIRF 2024 rankings with more than one college being highly ranked. The below list is of the top MBA colleges in this region along with their NIRF 2024 ranks.