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Top Business Schools in India 2024: Business School Rankings 2024, Business Schools Survey

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How are they preparing for this challenge?</p> <a href="https://www.businesstoday.in/magazine/cover-story/story/how-indias-b-schools-are-preparing-graduates-for-success-in-an-era-of-digitisation-and-generative-ai-transformation-447977-2024-09-28" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <!-- Cover Story --> <div class="recent-stories"> <div class="title"> <h2>Recent Stories</h2> </div> <div class="swiper articles-carousel"> <div class="swiper-wrapper"> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/deep-dive/story/iim-calcutta-is-reigning-supreme-heres-what-makes-the-b-school-the-countrys-best-448127-2024-09-30" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202409/66fa747dc9501-give-photo-caption-iim-calcutta-has-emerged-as-the-countrys-best-b-school-in-bt-mdra-best-b-school-305052405-16x9.jpg?size=302:170" alt=" " /> </a> <p> <a 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dark-bg pos-r mt-70"> <div class="container"> <div class="inner-container"> <div class="main-title dark-bg"> <h2>B-school rankings</h2> </div> <div class="ranking-data chart-data"> <p class="chart-text text-white"> Ranking based on the score obtained out of a total of 1,000 </p> <div class="ranking-data-wrapper school-rank"></div> <div class="notes"> <p> Note: Different weightage has been assigned to each of the five parameters鈥攍earning experience, living experience, placement performance, selection process, governance and establishment, and future orientation. The scores of these parameters were then summed up to get the total objective score achieved by each institute. Ranking is based on objective data only. Only those B-schools that submitted their objective data have been ranked. Institutes like IIM Kozhikode, XLRI Xavier School of Management, Jamshedpur, etc., which did not submit their objective data on time or declined to participate, have not been ranked. Only those colleges that fulfilled the following criteria were considered eligible for participation in the ranking: i. Minimum three batches passed out ii. Offering full-time Post Graduate Programme in Management. All scores have been rounded off to one decimal place; this may result in rounding off errors while adding the parameter-wise score. DNP = Did Not Participate </p> </div> </div> </div> </div> </section> <!-- Ranking --> <section class="comparison-card pos-r"> <div class="container"> <div class="inner-container"> <div class="main-title white-bg"> <h2>Comparison</h2> </div> <div class="comparison-data chart-data"> <p class="chart-text"> Comparative performance of various institutes based on their overall scores out of a total of 1,000. The higher the score, the higher is the institutes' corresponding rank </p> <div class="comparison-chart" id="comparison-chart"> <div class="d-flex f-wrap menu"></div> <div class="comparison-header d-flex f-wrap jc-space-b"> <div class="select-col"> <select id="select1-comparison-chart" aria-label="Default select example"> <option selected disabled>Select a institute</option> </select> </div> <div class="select-col"> <select id="select2-comparison-chart" aria-label="Default select example"> <option selected disabled>Select a institute</option> </select> </div> <div class="select-col"> <select id="select3-comparison-chart" aria-label="Default select example"> <option selected disabled>Select a institute</option> </select> </div> </div> </div> <div class="chart-wrap"> <div class="compare-chart-con"> <canvas id="myChart" height="150"></canvas> </div> <p class="note"> Note: The scores of some institutes are not available as they did not participate in the survey. </p> </div> </div> </div> <!-- Inner Container --> </div> </section> <!-- Comparison --> <section class="dark-bg report-card mt-70 pos-r" id="report-chart"> <div class="container"> <div class="inner-container"> <div class="main-title gray-bg"> <h2>B-School Report Card</h2> </div> <div class="chart-data" style="width: 100%"> <p class="chart-text text-white"> A snapshot of how individual B-schools have performed over the years </p> <select id="select1-report-chart" style="width: 100%"> <option></option> </select> </div> <div class="school-detail"> <div class=""> <div class="school-name mb-1"></div> </div> <div class="school-rating"> <div id="rank-svg"></div> </div> <div class="school-info-wrapper"> <div class="school-info"> <p>Sector<span id="school-report-sector"></span></p> <p>State<span id="school-report-state"></span></p> <p>Zone<span id="school-report-zone"></span></p> </div> <div class="school-rating-label"> <p> <span>Overall Score (1,000) <b id="school-rating-score"></b></span> </p> </div> </div> </div> <div class="scores-years"> <div class="card"> <h3 class="card-header">Score over the years</h3> <!-- <div id="balance-sheet-chart" style="height: 100%;" class="h-100"></div> --> <!-- <div class="over-year"></div> --> <div class="chart-container"> <canvas id="over-years-chart"></canvas> </div> </div> </div> <div class="notes"> <p> Note: The ranks of some institutes are not available as they did not participate in the survey </p> </div> <!-- Report Chart Section: END--> </div> </div> </section> <!-- Report Card --> <section class="performance-card pos-r"> <div class="container"> <div class="inner-container"> <div class="main-title white-bg"> <h2>performance indicators</h2> </div> <div class="performance-data chart-data"> <div class="select-cate"> A snapshot of <select selected="Annual Domestic Salary" id="data-select"> <option value="data1">Avg. Annual Domestic Salary</option> <option value="data2">Avg. Course Fees</option> <option value="data3">Male to Female Ratio</option> <option value="data4">Batch Strength</option> <option value="data5">Return on Investment (ROI)</option> </select> of the Top 100 B-schools of India over the years </div> <div class="performance-chart"> <canvas id="myChart04"></canvas> </div> </div> <div class="chart-title"></div> </div> <!-- Inner Container --> </div> </section> <!-- Performance Indicators --> <section class="edtech-rankings-card dark-bg pos-r mt-70"> <div class="container"> <div class="inner-container"> <div class="main-title dark-bg"> <h2>Top edtechs offering MBA/PGDM</h2> </div> <div class="edtech-rankings-data chart-data"> <p class="chart-text text-white"> Management programmes offered by Top edtech platforms in India </p> <div class="swiper mba-ranking-carousel"> <div class="swiper-wrapper"> <div class="swiper-slide"> <div class="rank-col"> <div class="company-logo"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/upgrad.png" alt="" /> <span class="rank"> <svg width="33" height="52" viewBox="0 0 33 52" fill="none" xmlns="http://www.w3.org/2000/svg"> <g clip-path="url(#clip0_279_142)"> <path d="M32.1104 -6.10352e-05L-9.53674e-05 -6.24387e-05L-9.76313e-05 51.791L16.0551 42.8894L32.1103 51.791L32.1104 -6.10352e-05Z" fill="#D3C375" /> <path d="M3.73438 -6.10352e-05L2.98762 -6.10678e-05L2.98762 50.1725L3.73437 49.5039L3.73438 -6.10352e-05Z" fill="white" /> <path d="M28.3773 -6.10678e-05L28.3773 49.506L29.124 50.1725L29.124 -6.10352e-05L28.3773 -6.10678e-05Z" fill="white" /> <text fill="#1F1C24" stroke-width="0.5" xml:space="preserve" style="white-space: initial" font-family="Open Sans" font-size="14" font-weight="bold" letter-spacing="0.01em" x="15" y="29.2901" text-anchor="middle"> <tspan>1</tspan> </text> </g> <defs> <clipPath id="clip0_279_142"> <rect width="51.791" height="32.1104" fill="white" transform="translate(32.1104 -6.10352e-05) rotate(90)" /> </clipPath> </defs> </svg> </span> </div> <div class="progress"> <div class="d-flex jc-space-b"> <p>Score (1,000)</p> <p class="score">966.0</p> </div> <div class="progress-wrapper"> <div class="progress-bar" style="width: 92%"></div> </div> </div> </div> <!-- Rank Col --> </div> <div class="swiper-slide"> <div class="rank-col"> <div class="company-logo"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/coursera.png" alt="" /> <span class="rank"> <svg width="33" height="52" viewBox="0 0 33 52" fill="none" xmlns="http://www.w3.org/2000/svg"> <g clip-path="url(#clip0_279_142)"> <path d="M32.1104 -6.10352e-05L-9.53674e-05 -6.24387e-05L-9.76313e-05 51.791L16.0551 42.8894L32.1103 51.791L32.1104 -6.10352e-05Z" fill="#D3C375" /> <path d="M3.73438 -6.10352e-05L2.98762 -6.10678e-05L2.98762 50.1725L3.73437 49.5039L3.73438 -6.10352e-05Z" fill="white" /> <path d="M28.3773 -6.10678e-05L28.3773 49.506L29.124 50.1725L29.124 -6.10352e-05L28.3773 -6.10678e-05Z" fill="white" /> <text fill="#1F1C24" stroke-width="0.5" xml:space="preserve" style="white-space: initial" font-family="Open Sans" font-size="14" font-weight="bold" letter-spacing="0.01em" x="15" y="29.2901" text-anchor="middle"> <tspan>2</tspan> </text> </g> <defs> <clipPath id="clip0_279_142"> <rect width="51.791" height="32.1104" fill="white" transform="translate(32.1104 -6.10352e-05) rotate(90)" /> </clipPath> </defs> </svg> </span> </div> <div class="progress"> <div class="d-flex jc-space-b"> <p>Score (1,000)</p> <p class="score">866.0</p> </div> <div class="progress-wrapper"> <div class="progress-bar" style="width: 89%"></div> </div> </div> </div> <!-- Rank Col --> </div> <div class="swiper-slide"> <div class="rank-col"> <div class="company-logo"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/ulearn.png" alt="" /> <span class="rank"> <svg width="33" height="52" viewBox="0 0 33 52" fill="none" xmlns="http://www.w3.org/2000/svg"> <g clip-path="url(#clip0_279_142)"> <path d="M32.1104 -6.10352e-05L-9.53674e-05 -6.24387e-05L-9.76313e-05 51.791L16.0551 42.8894L32.1103 51.791L32.1104 -6.10352e-05Z" fill="#D3C375" /> <path d="M3.73438 -6.10352e-05L2.98762 -6.10678e-05L2.98762 50.1725L3.73437 49.5039L3.73438 -6.10352e-05Z" fill="white" /> <path d="M28.3773 -6.10678e-05L28.3773 49.506L29.124 50.1725L29.124 -6.10352e-05L28.3773 -6.10678e-05Z" fill="white" /> <text fill="#1F1C24" stroke-width="0.5" xml:space="preserve" style="white-space: initial" font-family="Open Sans" font-size="14" font-weight="bold" letter-spacing="0.01em" x="15" y="29.2901" text-anchor="middle"> <tspan>3</tspan> </text> </g> <defs> <clipPath id="clip0_279_142"> <rect width="51.791" height="32.1104" fill="white" transform="translate(32.1104 -6.10352e-05) rotate(90)" /> </clipPath> </defs> </svg> </span> </div> <div class="progress"> <div class="d-flex jc-space-b"> <p>Score (1,000)</p> <p class="score">836.5</p> </div> <div class="progress-wrapper"> <div class="progress-bar" style="width: 83%"></div> </div> </div> </div> <!-- Rank Col --> </div> <div class="swiper-slide"> <div class="rank-col"> <div class="company-logo"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/great-learning.png" alt="" /> <span class="rank"> <svg width="33" height="52" viewBox="0 0 33 52" fill="none" xmlns="http://www.w3.org/2000/svg"> <g clip-path="url(#clip0_279_142)"> <path d="M32.1104 -6.10352e-05L-9.53674e-05 -6.24387e-05L-9.76313e-05 51.791L16.0551 42.8894L32.1103 51.791L32.1104 -6.10352e-05Z" fill="#D3C375" /> <path d="M3.73438 -6.10352e-05L2.98762 -6.10678e-05L2.98762 50.1725L3.73437 49.5039L3.73438 -6.10352e-05Z" fill="white" /> <path d="M28.3773 -6.10678e-05L28.3773 49.506L29.124 50.1725L29.124 -6.10352e-05L28.3773 -6.10678e-05Z" fill="white" /> <text fill="#1F1C24" stroke-width="0.5" xml:space="preserve" style="white-space: initial" font-family="Open Sans" font-size="14" font-weight="bold" letter-spacing="0.01em" x="15" y="29.2901" text-anchor="middle"> <tspan>4</tspan> </text> </g> <defs> <clipPath id="clip0_279_142"> <rect width="51.791" height="32.1104" fill="white" transform="translate(32.1104 -6.10352e-05) rotate(90)" /> </clipPath> </defs> </svg> </span> </div> <div class="progress"> <div class="d-flex jc-space-b"> <p>Score (1,000)</p> <p class="score">822.5</p> </div> <div class="progress-wrapper"> <div class="progress-bar" style="width: 80%"></div> </div> </div> </div> <!-- Rank Col --> </div> <div class="swiper-slide"> <div class="rank-col"> <div class="company-logo"> <svg style="margin-top: 10px;" version="1.2" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 98 28" width="98" height="28"> <g id="Folder 1"> <path id="Path 1" fill="63706b" class="s0" d="m20.3 2q0-0.8 0-1.5 3.5 0 6.9 0v6.9q-0.7 0-1.4 0 0-2.7 0-5.4-2.8 0-5.5 0zm-19.9 0q8.4 0 16.7 0 0 0.7 0 1.4-7.6 0-15.2 0 0 11.3 0 22.5 11.2 0 22.4 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0-0.9c-0.8 1.6-1.7 3.1-2.5 4.6q-0.4 0-0.9 0-0.9-1.8-1.9-3.5c-0.2-0.4-0.4-0.7-0.6-1.1q0 0.4 0 0.8 0 2.9 0 5.9-1.1 0-2.3 0 0-5.2 0-10.5zm12.3 0q3.1 0 6.1 0v2q-1.9 0-3.8 0 0 1.2 0 2.4 1.8 0 3.5 0 0 1 0 1.9-1.7 0-3.5 0 0 1.1 0 2.2 2 0 4 0 0 1 0 2-3.1 0-6.3 0 0-5.2 0-10.5z" /> <path id="Path 3" fill="#000000" fill-rule="evenodd" class="s1" d="m59.5 9.4q2 0 3.9 0c1 0.1 2 0.4 2.7 1.2 1.1 1.2 1 3.4-0.4 4.4q-0.6 0.3-1.2 0.5 1.4 2.2 2.8 4.4-1.3 0-2.6 0-1.4-2.5-2.9-4.9 0 2.4 0 4.9-1.1 0-2.3 0 0-5.2 0-10.5zm2.3 2q0 1.2 0 2.5 0.8 0 1.5 0c0.5 0 0.9-0.3 1.1-0.6 0.2-0.5 0.2-1 0-1.4-0.3-0.4-0.7-0.5-1.1-0.5q-0.8 0-1.5 0zm6.7-2q1.1 0 2.3 0 0 5.3 0 10.5-1.2 0-2.3 0 0-5.2 0-10.5zm3.6 0q3.2 0 6.3 0 0 1 0 2c-0.6 0-1.3 0-2 0q0 4.2 0 8.5-1.1 0-2.3 0 0-4.3 0-8.5-1 0-2 0 0-1 0-2zm7.6 0q1.1 0 2.3 0 0 2.8 0 5.6c0 0.5-0.1 1 0.1 1.5 0.2 0.6 0.6 1.1 1.2 1.4 0.9 0.4 2 0.1 2.6-0.7 0.4-0.5 0.5-1.1 0.5-1.7q0-3 0-6.1 1.2 0 2.3 0 0 3.1 0 6.1c0 0.6-0.1 1.2-0.3 1.8-0.3 0.8-0.8 1.5-1.6 2-1 0.7-2.3 0.9-3.5 0.7-1-0.2-2-0.7-2.7-1.5-0.6-0.7-0.9-1.8-0.9-2.8q0-3.1 0-6.3z" /> </g> </svg> <span class="rank"> <svg width="33" height="52" viewBox="0 0 33 52" fill="none" xmlns="http://www.w3.org/2000/svg"> <g clip-path="url(#clip0_279_142)"> <path d="M32.1104 -6.10352e-05L-9.53674e-05 -6.24387e-05L-9.76313e-05 51.791L16.0551 42.8894L32.1103 51.791L32.1104 -6.10352e-05Z" fill="#D3C375" /> <path d="M3.73438 -6.10352e-05L2.98762 -6.10678e-05L2.98762 50.1725L3.73437 49.5039L3.73438 -6.10352e-05Z" fill="white" /> <path d="M28.3773 -6.10678e-05L28.3773 49.506L29.124 50.1725L29.124 -6.10352e-05L28.3773 -6.10678e-05Z" fill="white" /> <text fill="#1F1C24" stroke-width="0.5" xml:space="preserve" style="white-space: initial" font-family="Open Sans" font-size="14" font-weight="bold" letter-spacing="0.01em" x="15" y="29.2901" text-anchor="middle"> <tspan>5</tspan> </text> </g> <defs> <clipPath id="clip0_279_142"> <rect width="51.791" height="32.1104" fill="white" transform="translate(32.1104 -6.10352e-05) rotate(90)" /> </clipPath> </defs> </svg> </span> </div> <div class="progress"> <div class="d-flex jc-space-b"> <p>Score (1,000)</p> <p class="score">783.0</p> </div> <div class="progress-wrapper"> <div class="progress-bar" style="width: 80%"></div> </div> </div> </div> <!-- Rank Col --> </div> </div> <div class="swiper-pagination">&nbsp;</div> </div> <div class="notes"> <p> Note: The edtech companies have been ranked basis their MBA programmes available in India. The edtech companies cannot offer any MBA programme themselves; all MBA programmes are offered jointly by any university/recognised institute. Ranking has been done based on Objective Data (information from secondary sources) + Perceptual Survey </p> </div> </div> </div> <!-- Inner Container --> </div> </section> <!-- Ed Tech Rankings --> <section class="mba-rankings-card pos-r"> <div class="container"> <div class="inner-container"> <div class="main-title white-bg"> <h2>Other mba rankings</h2> </div> <div class="mba-rankings-data chart-data"> <p class="chart-text"> Rankings of Executive and 1-year MBA programmes offered by Top B-schools </p> <form> <p class="d-flex ai-center"> <input type="radio" id="ex-mba" name="radio-group" checked value="Executive MBA" /> <label for="ex-mba"><b>Executive MBA</b></label> <input type="radio" id="one-mba" name="radio-group" value="1-Year MBA" /> <label for="one-mba"><b>1-year MBA</b></label> </p> </form> <div class="ranking-data-wrapper yr-mba"></div> <div class="ranking-data-wrapper ex-mba d-none"></div> </div> <p class="info-text" id="ex-prog"> Note: Executive programme (Online; 9-12 months) for general management were ranked. No specialised executive programmes were considered for ranking; ranking has been done based on Objective Data (information from secondary sources) </p> <p class="info-text ex-mba d-none" id="one-prog"> Note: MBA programmes for working executives (Offline, 12-18 months) were ranked; ranking is based on Objective and Perceptual survey data. B-Schools that have not submitted their data were ranked on the basis of publicly available data </p> </div> <!-- Inner Container --> </div> </section> <!-- Executive MBA Rankings --> <section class="career-choices-card dark-bg pos-r mt-70"> <div class="container"> <div class="inner-container"> <div class="main-title dark-bg"> <h2>Career Choices</h2> </div> <div class="career-choices-data chart-data"> <p class="chart-text text-white"> The average number of students who opted for entrepreneurship and family businesses among the Top 100 Government and Private Colleges, over the years <!-- <span class="graph-title">No. of Students</span> --> </p> <div class="career-chart-con"> <canvas id="career-chart"></canvas> </div> </div> </div> <!-- Inner Container --> </div> </section> <!-- Career Choices --> <!-- <section class="videos-sec pos-r "> <div class="container"> <div class="inner-container"> <div class="main-title white-bg"> <h2>Videos</h2> </div> <div class="swiper videos-carousel"> <div class="swiper-wrapper"> <div class="swiper-slide"> <div class="video-col"> <a href="https://www.businesstoday.in/bt-tv/video/indias-top-5-business-schools-in-2023-386874-2023-06-23?utm_source=btweb_video_share" target="_blank"> <figure> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/video-thumb1.jpg" alt="" /> <small class="play-icon"><i class="fas fa-play"></i></small> <span class="time">00:19</span> </figure> </a> <h4> <a href="https://www.businesstoday.in/bt-tv/video/indias-top-5-business-schools-in-2023-386874-2023-06-23?utm_source=btweb_video_share" target="_blank">India鈥檚 Top 5 Business Schools In 2023 </a> </h4> </div> </div> <div class="swiper-slide"> <div class="video-col"> <a href="https://www.businesstoday.in/bt-tv/video/indias-top-private-b-schools-in-2023-386872-2023-06-23?utm_source=btweb_video_share" target="_blank"> <figure> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/video-thumb2.jpg" alt="" /> <small class="play-icon"><i class="fas fa-play"></i></small> <span class="time">00:52</span> </figure> </a> <h4> <a href="https://www.businesstoday.in/bt-tv/video/indias-top-private-b-schools-in-2023-386872-2023-06-23?utm_source=btweb_video_share" target="_blank">India鈥檚 Top Private B -Schools In 2023 </a> </h4> </div> </div> <div class="swiper-slide"> <div class="video-col"> <a href="https://www.businesstoday.in/bt-tv/video/indias-top-business-schools-yearly-ranking-386870-2023-06-23?utm_source=btweb_video_share" target="_blank"> <figure> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/video-thumb3.jpg" alt="" /> <small class="play-icon"><i class="fas fa-play"></i></small> <span class="time">00:50</span> </figure> </a> <h4> <a href="https://www.businesstoday.in/bt-tv/video/indias-top-business-schools-yearly-ranking-386870-2023-06-23?utm_source=btweb_video_share" target="_blank">India鈥檚 Top Business Schools Yearly Ranking </a> </h4> </div> </div> </div> <div class="swiper-pagination">&nbsp;</div> </div> </div> </div> </section> --> <!-- Videos --> <section class="methodology-sec pos-r"> <div class="container"> <div class="inner-container"> <div class="main-title white-bg"> <h2>Methodology</h2> </div> <div class="d-flex f-wrap bdr-bt"> <div class="methodology-chart chart-data"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/methodology.jpg" alt="" /> </div> <!-- Methodology Chart --> <div class="methodology-con"> <p> The 12th edition of the BT-MDRA annual ranking of business schools notably lacks a few top B-schools. The reason was surprising-a pessimistic scenario stemming from poor placements that could impact their credibility. Overall, the year has been topsy-turvy for B-schools. First, some news to cheer about: </p> <p> More aspirants for Indian MBAs: In 2023, more than 330,000 candidates registered for the Common Admission Test (CAT), a 30% increase from the previous year, and a record. On the contrary, applications for B-school programmes across the world declined 8.3% during the past two years, per the Graduate Management Admission Council, a global association of B-schools. This demonstrates increased confidence in MBAs from India's top B-schools. </p> <div id="more-content" style="display: none"> <p>The value of an MBA degree is on the rise: The percentage of senior leaders hired annually with an MBA degree has increased 25% globally since 2010, per a recent report by professional networking platform LinkedIn. In fact, the number of entrepreneurs with an MBA degree has increased 45% over the same period.</p> <p>MBAs most employable: The India Skills Report 2024 says MBA degree-holders are the most employable across states; the employability of MBA students was 71.16%, considerably higher than other disciplines.</p> <p>Other positive developments:</p> <p> Better diversity: The gender diversity (ratio) among the Top 100 Bschools has improved to an all-time high of 1.5 last year. Even the ratio of engineering to non-engineering students in the Top 25 B-schools improved to 50:50 from 84:16 a decade ago.</p> <p>More MDPs: The Top 100 B-schools have reported a 26% increase in the numbers of management development programmes (MDPs) and a 29% increase in revenues, reflecting renewed corporate interest and budgetary allocation for management programmes.</p> <p>Improved quality of faculty: Qualifications (95% of permanent faculty have a PhD), industry, and teaching experience of faculty at the Top 25 B-schools have improved significantly, per the latest objective data.</p> <p>Higher revenues: The total course fees (tuition and other fees) have increased 12.5% for the Top 25 B-schools. This, coupled with increased intake resulting in higher revenues, would help improve infrastructure and attract more qualified faculty.</p> International accreditation: As many as 31 Top B-schools in the country now have AACSB, AMBA, or EQUIS international accreditations (any one or more), reflecting the quality of Indian B-schools. </p> <p>Enhanced international footprint: Recently, S.P. Jain Group acquired California Miramar University to open its sixth global campus in the US. This may encourage other Indian B-schools to set up campuses in similar locations.</p> <p>International rankings: As many as 14 Indian B-schools found place among the Top 100 in FT's business school ranking this year, up from 11 in 2023. Further, eight Indian B-schools ranked in LinkedIn's 2024 Top 100 MBA programmes for career outcomes, particularly for networking. The enhanced international reputation would aid Indian B-schools and their alumni. </p> <p>Launch of online MBA by IIM Ahmedabad: Earlier this year, IIM Ahmedabad launched an online MBA for working executives, which is welcome news for those who wanted an MBA degree from an IIM, without leaving jobs. Several IIMs may follow.</p> <p>While cheering on the good news, it is important to reflect on some sour stories and trends of this year. </p> <p> Poorer placements: Placement is undoubtedly themost important barometer of MBA-admission decision making. The placements of MBA batch 2022-24 were dismal, even at the top B-schools, including many IIMs.</p> <p>Average salaries declined: The average salary offered for domestic placements in the Top 25 B-schools dropped nearly 5% to `22.7 lakh from `23.88 lakh in 2023. The decline was to the extent of 15% in a few cases.</p> <p>Extended placement season: Some leading B-schools failed to get 100% campus placements, despite extended placement sessions. This year, several Bschools extended their placement season multiple times.</p> <p>Highest offers plummeted: The highest salaries offered at many B-schools have significantly decreased compared to previous years, affecting not only regular MBAs but also executive MBAs. </p> <p>Lesser international placements: International placements got a big jolt at several campuses, both in terms of the number of offers and the salary packages offered.</p> <p>In fact, many B-schools were seen leveraging their alumni networks aggressively to secure placements for the outgoing batch. Considering placement is a key reason for students to go in for management studies, this may hurt the MBA's appeal in India.</p> <p>Lower ROI (return on investments): ROI has declined significantly as the average salary packages offered have decreased and course fees have increased. This has hampered students' repayment capabilities for education loans. In fact, RBI's recent concern about the rising NPA for education loans confirms this fact.</p> <p>Closure of courses: The past two years have seen the discontinuation of 111 AICTE-approved and hundreds of non-regulated management courses. Due to low demand, some executive programmes, even by IIMs and the top B-schools, have been terminated.</p> <p>Overall, management education is undergoing rapid transformation and experimentation. Artificial intelligence, technological advancements, sustainability concerns versus consumerism-these factors will only accelerate the speed of experimentation, failures and transformations. The tough competition could benefit students, recruiters and academia, as institutes offering subpar management education are likely to shut down. Top quality Indian MBA colleges have tremendous scope to grow-both in attracting domestic students and in competing on a global scale for international aspirants.</p> </div> <div class="toggle-brn-wrap"> <a href="javascript:void(0)" class="read-more">read more</a> </div> </div> <!-- Methodology Content--> </div> <div class="methodology-quote"> <figure> <img src="https://akm-img-a-in.tosshub.com/businesstoday/resource/bt-schools/2023/assets/img/abhishaik-aggarwal.jpg" alt="Abhishaik Aggarwal" /> <h4>A MIXED BAG</h4> </figure> <div class="cover-title"> <h2>Column by MDRA</h2> </div> <div class="quote-text"> <p> Despite a decline in placement figures and some other unfavourable news, there is much to celebrate regarding management education in India in 2024. The ROI of MBA colleges has declined in 2024 as average salary packages have decreased while course fees have increased. </p> <p class="author">By Abhishek Agrawal</p> </div> </div> <!-- Methodology Quote--> </div> <!-- Inner Container --> </div> </section> <!-- Best B-Schools in 2023 --> <section class="best-bschools-sec"> <div class="container"> <div class="title"> <h2>Best B-Schools in 2023</h2> </div> <div class="swiper articles-carousel"> <div class="swiper-wrapper"> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/indias-best-b-schools-how-the-countrys-mba-education-is-changing-giving-students-more-options-386637-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/62-63-3-sixteen_nine.jpg?size=283:158" alt=" " /> </a> <p> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/indias-best-b-schools-how-the-countrys-mba-education-is-changing-giving-students-more-options-386637-2023-06-23" target="_blank">India's best B-schools: How the country's MBA education is changing, giving students more options </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/indias-best-b-schools/story/has-the-pandemic-made-business-education-less-relevant-310819-2021-11-07" class="viewmore-arrow" target="_blank"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/interactive/longread/iim-isb-talent-gap-american-b-school-269-23-06-2023" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/sites/quiz/2023/06/269imageog_img_og_20230622102912.jpg?size=283:158" alt=" " /> </a> <p> <a href="https://www.businesstoday.in/interactive/longread/iim-isb-talent-gap-american-b-school-269-23-06-2023" target="_blank">India's best B-schools: Can IIMs and ISB bridge the talent gap with American peers?</a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/indias-best-b-schools/story/why-blended-courses-a-mix-of-online-and-offline-learning-are-gaining-traction-310823-2021-10-29" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/interactive/longread/clicking-up-the-ladder-behind-the-phenomenal-rise-of-online-management-education-271-28-06-2023" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/sites/quiz/2023/06/271imageog_img_og_20230627122134.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/interactive/longread/clicking-up-the-ladder-behind-the-phenomenal-rise-of-online-management-education-271-28-06-2023" target="_blank">Clicking up the ladder: Behind the phenomenal rise of online management education</a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/indias-best-b-schools/story/how-edtech-ventures-are-introducing-teens-to-management-concepts-310865-2021-10-29" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-what-makes-indian-institute-of-management-calcutta-the-numero-uno-b-school-in-the-country-386640-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/70-1-sixteen_nine.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-what-makes-indian-institute-of-management-calcutta-the-numero-uno-b-school-in-the-country-386640-2023-06-23" target="_blank">Here's what makes Indian Institute of Management Calcutta the numero uno B-school in the country </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-what-makes-indian-institute-of-management-calcutta-the-numero-uno-b-school-in-the-country-386640-2023-06-23" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-what-makes-sp-jain-institute-of-management-research-the-best-private-b-school-in-india-386683-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/78-1-sixteen_nine.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-what-makes-sp-jain-institute-of-management-research-the-best-private-b-school-in-india-386683-2023-06-23" target="_blank">Here's what makes S.P. Jain Institute of Management & Research the best private B-school in India </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-what-makes-sp-jain-institute-of-management-research-the-best-private-b-school-in-india-386683-2023-06-23" class="viewmore-arrow" target="_blank"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-the-success-mantra-that-makes-indian-institute-of-management-lucknow-one-of-the-premier-b-schools-in-india-386680-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/76-1-sixteen_nine.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-the-success-mantra-that-makes-indian-institute-of-management-lucknow-one-of-the-premier-b-schools-in-india-386680-2023-06-23" target="_blank">Here's the success mantra that makes Indian Institute of Management Lucknow one of the premier B-schools in India </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/heres-the-success-mantra-that-makes-indian-institute-of-management-lucknow-one-of-the-premier-b-schools-in-india-386680-2023-06-23" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/the-indian-institute-of-management-ahmedabad-has-remained-steadfast-in-minting-indias-future-leaders-heres-how-386661-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/72-1-sixteen_nine.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/the-indian-institute-of-management-ahmedabad-has-remained-steadfast-in-minting-indias-future-leaders-heres-how-386661-2023-06-23" target="_blank">The Indian Institute of Management Ahmedabad has remained steadfast in minting India's future leaders; here's how </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/the-indian-institute-of-management-ahmedabad-has-remained-steadfast-in-minting-indias-future-leaders-heres-how-386661-2023-06-23" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/how-sustainability-became-a-key-focus-area-for-indian-institute-of-management-bangalore-386663-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/74-1-sixteen_nine.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/how-sustainability-became-a-key-focus-area-for-indian-institute-of-management-bangalore-386663-2023-06-23" target="_blank">How sustainability became a key focus area for Indian Institute of Management Bangalore </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/b-school-debate/story/how-sustainability-became-a-key-focus-area-for-indian-institute-of-management-bangalore-386663-2023-06-23" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/columns/story/good-b-school-shapes-your-thinking-gives-you-values-shark-tank-judge-namita-thapar-on-why-business-school-matters-386692-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/106-107-1_2-sixteen_nine.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/columns/story/good-b-school-shapes-your-thinking-gives-you-values-shark-tank-judge-namita-thapar-on-why-business-school-matters-386692-2023-06-23" target="_blank">'Good B-school shapes your thinking, gives you values': Shark Tank judge Namita Thapar on why business school matters </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/columns/story/good-b-school-shapes-your-thinking-gives-you-values-shark-tank-judge-namita-thapar-on-why-business-school-matters-386692-2023-06-23" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/deep-dive/story/why-indias-b-schools-should-take-the-issue-of-gender-parity-more-seriously-386708-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/untitled_design_-_2023-06-22t160123-sixteen_nine.png?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/deep-dive/story/why-indias-b-schools-should-take-the-issue-of-gender-parity-more-seriously-386708-2023-06-23" target="_blank">Why India's B-schools should take the issue of gender parity more seriously </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/deep-dive/story/why-indias-b-schools-should-take-the-issue-of-gender-parity-more-seriously-386708-2023-06-23" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/deep-dive/story/indian-institute-of-management-bodh-gaya-how-the-new-iim-is-slowly-becoming-a-major-b-school-386716-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/118-119-1-sixteen_nine.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/deep-dive/story/indian-institute-of-management-bodh-gaya-how-the-new-iim-is-slowly-becoming-a-major-b-school-386716-2023-06-23" target="_blank">Indian Institute of Management Bodh Gaya: How the new IIM is slowly becoming a major B-school</a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/deep-dive/story/indian-institute-of-management-bodh-gaya-how-the-new-iim-is-slowly-becoming-a-major-b-school-386716-2023-06-23" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/columns/story/many-management-courses-exist-but-those-of-value-are-very-less-heres-whats-happening-386730-2023-06-23" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202306/122-123-1.jpg?size=302:170" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/columns/story/many-management-courses-exist-but-those-of-value-are-very-less-heres-whats-happening-386730-2023-06-23" target="_blank">Many management courses exist, but those of value are very less; here's what's happening </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/columns/story/many-management-courses-exist-but-those-of-value-are-very-less-heres-whats-happening-386730-2023-06-23" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> </div> <div class="swiper-pagination">&nbsp;</div> </div> <!-- Articles--> </div> </section> <!-- Best B-Schools in 2022 --> <section class="best-bschools-sec"> <div class="container"> <div class="title"> <h2>Best B-Schools in 2022</h2> </div> <div class="swiper articles-carousel"> <div class="swiper-wrapper"> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/corporate/story/the-share-of-women-in-b-schools-is-increasing-fast-this-and-more-trends-351007-2022-10-27" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202210/112-113-sixteen_nine.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/corporate/story/the-share-of-women-in-b-schools-is-increasing-fast-this-and-more-trends-351007-2022-10-27" target="_blank">The share of women in B-schools is increasing fast. This, and more trends</a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/corporate/story/the-share-of-women-in-b-schools-is-increasing-fast-this-and-more-trends-351007-2022-10-27" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/corporate/story/is-an-online-mba-course-really-as-good-as-an-offline-course-see-what-has-changed-in-the-last-two-years-351005-2022-10-27" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202210/online-education-3412473_1920_1200x675-sixteen_nine.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/corporate/story/is-an-online-mba-course-really-as-good-as-an-offline-course-see-what-has-changed-in-the-last-two-years-351005-2022-10-27" target="_blank">Is an online MBA course really as good as an offline course? See what has changed in the last two years </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/corporate/story/is-an-online-mba-course-really-as-good-as-an-offline-course-see-what-has-changed-in-the-last-two-years-351005-2022-10-27" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/indias-best-b-schools/story/shoolini-universitys-fms-is-one-of-indias-top-100-b-schools-what-makes-it-special-351401-2022-11-01" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202211/thumbnail_0-sixteen_nine_5.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/indias-best-b-schools/story/shoolini-universitys-fms-is-one-of-indias-top-100-b-schools-what-makes-it-special-351401-2022-11-01" target="_blank">Shoolini University's FMS is one of India's top 100 B-schools. What makes it special? </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/indias-best-b-schools/story/shoolini-universitys-fms-is-one-of-indias-top-100-b-schools-what-makes-it-special-351401-2022-11-01" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/cover-story/story/what-are-indias-top-iims-doing-to-prepare-students-for-the-digital-age-350995-2022-10-27" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202210/60-1_0-sixteen_nine.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/cover-story/story/what-are-indias-top-iims-doing-to-prepare-students-for-the-digital-age-350995-2022-10-27" target="_blank">What are India's top B-schools doing to prepare students for the digital age? </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/cover-story/story/what-are-indias-top-iims-doing-to-prepare-students-for-the-digital-age-350995-2022-10-27" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/corporate/story/most-start-ups-are-founded-by-engineers-what-about-mba-graduates-are-they-only-good-for-working-for-others-351009-2022-10-27" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202210/86-87_0-sixteen_nine.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/corporate/story/most-start-ups-are-founded-by-engineers-what-about-mba-graduates-are-they-only-good-for-working-for-others-351009-2022-10-27" target="_blank">Most start-ups are founded by engineers. What about MBA graduates? Are they only good for working for others? </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/corporate/story/most-start-ups-are-founded-by-engineers-what-about-mba-graduates-are-they-only-good-for-working-for-others-351009-2022-10-27" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/editors-note/story/how-indias-b-schools-are-adapting-to-the-changing-times-350993-2022-10-27" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202210/edit_13_nov_2022-sixteen_nine.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/editors-note/story/how-indias-b-schools-are-adapting-to-the-changing-times-350993-2022-10-27" target="_blank">How India's B-Schools are adapting to the changing times </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/editors-note/story/how-indias-b-schools-are-adapting-to-the-changing-times-350993-2022-10-27" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> <div class="swiper-slide"> <a href="https://www.businesstoday.in/magazine/money-today/story/want-to-do-an-mba-where-will-you-get-the-money-check-out-the-options-351412-2022-11-01" target="_blank"> <img src="https://akm-img-a-in.tosshub.com/businesstoday/images/story/202211/120-121-sixteen_nine.jpg?size=283:158" alt="" /> </a> <p> <a href="https://www.businesstoday.in/magazine/money-today/story/want-to-do-an-mba-where-will-you-get-the-money-check-out-the-options-351412-2022-11-01" target="_blank">Want to do an MBA? Where will you get the money? Check out the options </a> </p> <div class="viewmore"> <a href="https://www.businesstoday.in/magazine/money-today/story/want-to-do-an-mba-where-will-you-get-the-money-check-out-the-options-351412-2022-11-01" target="_blank" class="viewmore-arrow"><i class="fa fa-arrow-right"></i></a> </div> </div> </div> <div class="swiper-pagination">&nbsp;</div> </div> <!-- Articles--> </div> </section> <section class="credits-sec"> <div class="container"> <div class="title"> <h2>Credits</h2> </div> <div class="credits-list d-flex f-wrap"> <ul> <li>Design</li> <li> <a href="https://twitter.com/shubhi_sonway" target="_blank">Surbhi Sonway</a> </li> </ul> <ul> <li>Development</li> <li> <a href="https://www.linkedin.com/in/pankaj-negi-frontend-dev/" target="_blank">Pankaj Negi</a>, <a href="https://www.linkedin.com/in/harmeetsinghz/" target="_blank">Harmeet Singh</a> </li> </ul> <ul> <li>Editorial Input</li> <li> <a href="https://www.businesstoday.in/author/abhik-sen" target="_blank">Abhik Sen</a>, <a 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