Top Management Colleges of India in 2024

The Master of Business Administration (MBA) remains one of the most competitive fields in India, with thousands of aspirants eyeing spots at the nation’s top management institutions. Prestigious schools like the Indian Institutes of Management (IIMs) and Xavier School of Management continue to lead in shaping the country’s future business leaders.

Every year, more than 2.5 lakh candidates attempt the Common Admission Test (CAT), hoping to secure admission into these esteemed institutions.

To assist prospective students, we present the top management institutes in India, ranked by the NIRF 2024. The National Institutional Ranking Framework (NIRF) evaluates institutions based on five critical parameters: Teaching, Learning, and Resources (TLR); Research and Professional Practices (RPC); Graduation Outcomes (GO); Outreach and Inclusivity (OI); and Perception (PER).

Here is the list of Top Management Colleges of India:

1. Indian Institute of Management Ahmedabad

The Indian Institute of Management Ahmedabad (IIM Ahmedabad or IIM-A) is a leading business school situated in Ahmedabad, Gujarat, India. Recognized as one of the top Indian Institutes of Management, it received the designation of an Institute of National Importance from the Ministry of Human Resources, Government of India, in 2017.

Founded in 1961, IIM Ahmedabad provides master's programs in management and agribusiness management, along with a fellowship program and various executive education courses. Indian Institute of Management Ahmedabad has been bagging the first rank in the Management category since 2020, it secured a second position in 2019.

NIRF Rank 2024: 1 NIRF Score 2024: 183.32 City: Ahmedabad State: Gujarat Number of PG students: 879 Eligibility Exam: CAT Median Salary Range: 27 to 31 lakhs per annum

2. Indian Institute of Management Bangalore

The Indian Institute of Management Bangalore (IIM Bangalore or IIMB) is a renowned business school and an Institute of National Importance, located in Bangalore, Karnataka, India. Established in 1973, it was the third of the first-generation IIMs to be founded, following IIM Calcutta and IIM Ahmedabad, forming the prestigious 'ABC' group of Indian business schools.

Created by the Government of India to promote excellence in management education, training, research, and consulting, IIM Bangalore has also played a mentorship role for newly established IIMs, including IIM Trichy in 2011 and IIM Visakhapatnam in 2015. IIM Bangalore has been securing a second rank since 2020 and had secured first rank in 2019.

NIRF Rank 2024: 2 NIRF Score 2024: 281.16 City: Bengaluru State: Karnataka Number of students: 1053 Eligibility Exam: CAT Median Salary Range: 27 to 31 lakhs per annum

3. Indian Institute of Management Kozhikode

The Indian Institute of Management Kozhikode (IIM Kozhikode or IIMK) is an independent public business school located in Kozhikode, Kerala. Established in 1996 by the Government of India in partnership with the Kerala State Government, it is one of the 20 Indian Institutes of Management (IIMs) and was the fifth to be founded.

IIM Kozhikode offers a comprehensive range of management education activities, including research, teaching, training, consulting, and intellectual infrastructure development. The institute places strong emphasis on honing analytical skills and addressing global and cross-cultural issues, while maintaining a balance between business needs and social responsibilities. It claimed a third rank in 2023, fifth in 2022, and 4th in 2021.

NIRF Rank 2024: 3 NIRF Score 2024: 377.90 City: Kozhikode State: Kerala Number of students: 1159 Eligibility Exam: CAT Median Salary Range: 20 to 27 lakhs per annum