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Top NIRF Management Colleges Ranking List 2023

  • By Aashruti Bhadoria
  • 11 October 2023
Top NIRF Management Colleges Ranking List 2023

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In the ever-changing world of higher education, management colleges are important in preparing tomorrow's business leaders and entrepreneurs. The NIRF Management Ranking 2023, published by the National Institutional Ranking Framework (NIRF), gives us a good look at the best management colleges. In this blog, we'll explore the top colleges, what they've done remarkably well, and why they stand out in the 2023 NIRF Management ranking. 

In the pursuit of an exceptional education, the NIRF Management Ranking for 2023 provides valuable guidance for those seeking the best MBA courses offered by top management colleges in India. So, get ready to join us on a journey to find out about the very best management colleges!

What is the NIRF Ranking?

The NIRF is a government-approved ranking system that evaluates educational institutions across the country. Its annual management college ranking is a sought-after benchmark, providing students and educators with a comprehensive overview of the best institutions for pursuing management studies. The NIRF ranking considers various parameters, including teaching and learning resources, research and professional practices, outreach and inclusivity, and peer perception, to determine the top management colleges.

What are Management Colleges?

Management colleges, often referred to as MBA colleges in India, are educational institutions specifically dedicated to providing academic programs in business and management. These colleges offer undergraduate, postgraduate, and sometimes doctoral degrees in fields such as business administration, finance, marketing, human resources, entrepreneurship, and more. 

In India, these colleges are often referred to as "MBA colleges" due to the popularity of the Master of Business Administration (MBA) program they offer. These business schools play a big part in grooming the future leaders of India's businesses and are important in the country's education system The NIRF Management Ranking plays an important role in evaluating and distinguishing the top MBA colleges in India.

Top NIRF Management Colleges Ranking List 2023

The NIRF Management Ranking for 2023 highlights how well management colleges are doing in the field of management education. It offers useful information for students and professionals who are looking for education or career options in management. 

Check out the top 10 management institutions from the NIRF 2023 ranking below:

Rank

MBA College Ranking NIRF

Score

1

Indian Institute of Management (IIM) Ahmedabad

83.20

2

Indian Institute of Management (IIM) Bangalore

80.89

3

Indian Institute of Management (IIM) Kozhikode

76.48

4

Indian Institute of Management (IIM) Calcutta

75.53

5

Indian Institute of Technology (IIT) Delhi

74.11

6

Indian Institute of Management (IIM) Lucknow

74.11

7

National Institute of Industrial Engineering, Mumbai

71.99

8

Indian Institute of Management (IIM) Indore

71.95

9

Xavier School of Management (XLRI), Jamshedpur

70.75

10

Indian Institute of Technology (IIT) Bombay

68.11

Comparison of Management Rankings in the Previous Year by NIRF

Top MBA Colleges

NIRF Rank 2022

NIRF Rank 2021

NIRF Rank 2020

NIRF Rank 2019

Indian Institute of Management Ahmedabad

1

1

1

2

Indian Institute of Management Bangalore

2

2

2

1

Indian Institute of Management Calcutta

3

3

3

3

Indian Institute of Management Lucknow

6

-

4

4

Indian Institute of Technology Kharagpur

12

-

5

7

Indian Institute of Management Kozhikode

5

4

6

6

Indian Institute of Management Indore

7

-

7

11

Indian Institute of Technology Delhi

4

5

8

8

Xavier Labour Relations Institute

8

-

9

10

Management Development Institute

13

-

10

12

Indian Institute of Technology Bombay

11

-

11

5

Indian Institute of Technology Roorkee

19

-

12

9

National Institute of Industrial Engineering

9

-

12

14

Indian Institute of Technology Madras

10

-

14

-

Indian Institute of Management Tiruchirappalli

18

-

15

15

Indian Institute of Technology Kanpur

20

-

16

17

Indian Institute of Management Udaipur

22

-

17

13

S. P. Jain Institute of Management & Research

21

-

18

19

Indian Institute of Management Raipur|

14

-

19

21

Indian Institute of Management Ranchi

15

-

20

40

Indian Institute of Management Rohtak

16

-

21

27

Symbiosis Institute of Business Management

17

-

22

18

Great Lakes Institute of Management

31

-

23

16

SVKM`s Narsee Monjee Institute of Management Studies

25

-

24

24

ICFAI Foundation for Higher Education

32

-

25

22

Indian Institute of Foreign Trade

24

-

26

23

T. A. Pai Management Institute

38

-

27

-

International Management Institute

30

-

28

25

Indian Institute of Technology (Indian School of Mines)

46

-

29

-

Indian Institute of Management Shillong

26

-

30

-

Xavier Institute of Management (XIMB)

35

-

31

36

Kalinga Institute of Industrial Technology

48

-

32

30

Indian Institute of Management Kashipur

23

-

33

20

Jamia Millia Islamia

29

-

34

34

National Institute of Technology Tiruchirappalli

39

-

35

-

Banaras Hindu University

50

-

36

39

Institute of Management Technology Ghaziabad

44

-

37

31

BML Munjal University

54

-

37

-

Alliance University

98

-

39

-

Indian Institute of Management, Nagpur

43

-

40

-

Amity University

28

-

41

48

Panjab University

67

-

42

42

FORE School of Management

60

-

43

37

Nirma University

45

-

44

-

Aligarh Muslim University

57

-

45

49

PSG College of Technology

63

-

46

33

Birla Institute of Management Technology

56

-

47

45

Goa Institute of Management

36

-

48

-

Lovely Professional University

34

-

49

38

Loyola Institute of Business Administration

86

-

50

32

Chandigarh University

40

-

51

-

International Management Institute, Kolkata

-

52

52

-

Institute for Financial Management and Research

60

-

53

34

Thapar Institute of Engineering & Technology

53

-

54

-

Vellore Institute of Technology

-

55

29

K. J. Somaiya Institute of Management Studies & Research

71

-

56

-

Guru Gobind Singh Indraprastha University

62

-

57

-

Birla Institute of Technology, Mesra

78

-

58

44

Anna University

49

-

59

28

Institute of Management Technology,Nagpur

95

-

60

31

Institute of Management Technology Hyderabad

75

-

61

31

Indian Institute of Forest Management

-

62

41

International Management Institute Bhubaneshwar

70

-

63

-

Bharati Vidyapeeth's Institute of Management and Entrepreneurship Development

-

63

-

IIHMR UNIVERSITY

90

-

65

-

University of Petroleum and Energy Studies

41

-

66

-

Jagan Institute of Management Studies

82

-

67

-

Principal L N Welingkar Institute of Management Development and Research

68

-

68

-

Jaipuria Institute of Management

51

-

69

-

Koneru Lakshmaiah Education Foundation University

47

-

70

46

Visvesvaraya Technological University

76

-

71

-

Institute of Rural Management Anand

58

-

72

43

Jaipuria Institute of Management, Lucknow

78

-

73

-

Pandit Deendayal Petroleum University

89

-

74

-

Chitkara University

80

-

75

-

What Makes a Difference in the NIRF Management Ranking for 2023?

When you're trying to pick the best management college in India, think of the NIRF Management Ranking as a helpful tool. It's not just a list; it's like a map that shows students and professionals the way through the big world of management education. Now, what are the important things that affect the NIRF Management Ranking for 2023? Let's find out.

  • Academic Excellence:  Colleges that foster an environment of rigorous learning, cutting-edge research, and exceptional faculty often find themselves at the forefront. The quality of teaching and the institution's overall commitment to imparting knowledge play a significant role.
  • Research and Innovation: Management institutions that contribute to new knowledge, research publications, and innovative practices are favourably recognized in the NIRF ranking. Their impact on the field is a key factor that sets them apart.
  • Industry Connect: Strong industry connections, internships, and placement opportunities are highly valued. Management institutions that nurture collaborations with leading companies and offer students real-world exposure often score well in the NIRF ranking.
  • Faculty Expertise: Colleges that boast a talented and diverse faculty, well-versed in both academic knowledge and practical industry experience, tend to shine. Faculty qualifications and contributions significantly influence rankings.
  • Infrastructure and Resources: Having really good buildings, libraries with lots of books and nice places to study, and up-to-date facilities make it easier to learn. Management colleges that spend money on these things often get higher rankings because they give students a better education experience.
  • Placements and Alumni Success: High placement rates, competitive salary packages, and the accomplishments of alumni are key indicators. Management colleges that consistently produce graduates who excel in their careers receive recognition in the NIRF ranking.
  • Peer Perception: The opinion of peers within the academic community is another influencer. How other institutions view and respect a particular management college contributes to its ranking.

Conclusion

The NIRF Management Ranking is your reliable tool for making smart choices about your education and career. Whether you're a student searching for the perfect college or a professional wanting to improve your skills, the NIRF Management Ranking for 2023 is the place to go to find the top management colleges. So, go ahead and check out these high-ranking colleges as you move forward on your path to a successful management career. 

You can apply for the management programs at Sunstone if you plan to pursue a BBA undergraduate degree or MBA postgraduate degree. You receive a lot of advantages that will help you develop your career. 70+ training and development sessions by top recruiters and industry experts, learn from expert guest faculty who are ex-IIMs and IITs, build a professional portfolio and many more benefits you get if you apply with Sunstone. 

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