Leading news magazine Outlook released its annual B-School survey, conducted by research firm Cfore.
For the first time, the survey has classified B-Schools into four categories: Government/ PSU B-Schools, Private B-Schools, University Departments and Sectoral B-Schools. The Indian Institute of Management, Ahmedabad (IIM-A); XLRI Jamshedpur; Delhi University’s Faculty of Management Studies (FMS); and the Indian Institute of Rural Management (IRMA) have topped respective league tables. The survey notes that while IIMs are still on top, many aggressive private B-schools are fast catching up. Says the Survey, “The most important development has been the initiative of private institutes in critical areas such as research, entrepreneurship and innovation. Although some are still behind the top IIMs in terms of overall scores, non-government schools are catching up fast.”
In the government-assisted B-Schools, IIM-A, IIM-B, IIM-C, IIM-L and Management Development Institute (MDI) Gurgaon have grabbed the first five slots. Mumbai-based NITIE, Delhi-based IIFT, and IIT Mumbai’s SJM-SOM are other B-schools to find place.
It’s in the Top 10 private B-schools table where the competition is intense. XLRI tops the list; Mumbai-based SP Jain Institute of Management and NMIMS are followed by IMT, Ghaziabad and Hydeabad-based ICFAI Business School (IBS). XIM-Bhubaneshwar, IMT Delhi and Symbiosis Pune too find places in this table.
Delhi University’s FMS tops the University Department based B-schools. Mumbai-based Jamna Lal Bajaj Institute of Management (JBIMS) and University Business School (UBS) Chandigarh are the other top B-schools in this category.
The Survey provides rankings to 14 government institutes, 50 private B-schools, 10 University departments, and 7 sectoral B-schools.
While the overall ranking tables are presented by institute classifications, the Survey offers some insights into how top B-schools stack up when compared across the spectrum. IIM-A, IIM-B, IIM-C, XLRI and MDI, for instance, are ranked as top five B-schools on the ‘Industry interface’ parameter. On the important parameter of ‘Placement Performance’, IIM-A, IIM-C, IIM-B, XLRI and IIM-L are ranked on top.
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