According to the latest Indian Institutional Ranking Framework (IIRF) ranking (2023), the Indian Institute of Management (IIM), Ahmedabad (Gujarat), is the top government college in India for pursuing the Master of Business Administration (MBA) course. IIM Bengaluru (Karnataka) and IIM Kolkata (West Bengal) are ranked second and third, respectively, after IIM Ahmedabad.
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The ranking was based on seven criteria: Research, TeachingLearning Resource Pedagogy, Industry Income and Integration, Placement Performance, Future Orientation, External Perception and International Outlook, & Placement Strategies and Support.
| National Rank | Government Business Schools |
| 1 | IIM Ahmedabad, Gujarat |
| 2 | IIM Bengaluru, Karnataka |
| 3 | IIM Kolkata, West Bengal |
| 4 | IIM Lucknow, Uttar Pradesh |
| 5 | Faculty of Management Studies, University of Delhi, Delhi |
| National Rank | Private Business Schools |
| 1 | Xavier Labour Relations Institute (XLRI), Jamshedpur, Jharkhand |
| 2 | Management Development Institute (MDI), Gurugram, Haryana |
| 3 | Symbiosis Institute of Business Management, Pune, Maharashtra |
| 4 | S P Jain Institute of Management & Research (SPJIMR), Mumbai, Maharashtra |
| 5 | Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune, Maharashtra |
| World Ranking | Top Business Schools |
| 1 | London Business School, United Kingdom (UK) |
| 2 | Wharton University of Pennsylvania, United States of America (USA) |
| 3 | Harvard Business School, USA |
| 4 | Stanford University, USA |
| 5 | INSEAD, France |
i. IIRF is prepared and published by Education Post, a monthly magazine on higher education since 2012, and is India’s most authentic nongovernment ranking framework.
ii. The Federation for World Academics (FWA) directs the methodology and provides industrial feedback to the IIRF Center for Institutional Research (ICIR) in India.
iii. The research and surveys used to determine the IIRF Ranking were carried out by its research partner, Maction Consulting Pvt. Ltd.
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