Top 10 Business Schools In India

A business School is a university level institution that offers degrees in business administration and management. Indian School of Business commonly known as ISB. ISB started in 1996 by group of businessmen and academicians. The Rajat Gupta and Anil Kumar are the Co-Founders of ISB. The foundation stone for the campus was laid in 1999 in Hyderabad and was inaugurated by the eleventh Prime Minister of India Atal Bihari Vajpayee in 2001. ISB also be known as school of management, school of business administration, or b-school. Indian School Of Business is private school in India having campuses at Hyderabad and Mohali.ISB is governed by a board comprising both Indian and non Indian businessmen.

According the Financial Times Global MBA Rankings 2015 ISB has been ranked 33rd in the world. ISB is the first business school in India which is accredited by the Association to Advance Collegiate School of Business. In 2008 ISB became the youngest institution in global MBA rankings with a ranked 20.The FMS I.e. Facility Of Management Studies, University of Delhi is among one of the oldest business schools in India. The ISB teaches topics such as administration, strategy, economics, finance, human resource management, marketing and many more. There are several forms of business school like School of Business, Business administration and Business management.

1) Indian Institute of Management, Ahmadabad    


Indian Institute of Management Ahemadabad commonly known as IIM Ahemadabad was the second Indian Institute of Management to be established in India. IIM-A established on 11 December 1961with the support of government of India, government of Gujarat and the industry. IIM Ahemadabad located in Ahmeadabad, Gujarat, India. Initially IIM-A mentored by Harvard Business School, and is now one of the top Global B-Schools. The IIM Ahemadabad has consistently been ranked as the number one management school in the India. According to the Economist IIMA has ranked at 56 among the top 100 international B- Schools in the world that offer full time MBA. A.M. Naik is the present Chairmen of IIM Ahemadabad. The Financial Times has also ranked the one-year post graduate programme in management for executives (PGPX) among the top MBA programmers globally. The two post graduate programmes in management with specialization in agri-sector (PGP-ABM) is ranked at number one among comparable programmes globally by Eduniversal.

IIM Ahemadabad offers following academic programs:
• Fellow Programme in Management (FPM)
• Post Graduate Programme (PGP)
•   Agribusiness Management (PGP-ABM)
• Management for Executives (PGPX)
• Faculty Development Programme (FDP)
• Armed Forces Programme (AFP)

Motto– Progress Through Knowledge.

 Established– 1961
 Type – Public business school.
Chairmen– A. M. Naik.
 Location– Ahmedabad, Gujarat, India

2) Indian Institute of Management Calcutta (IIMC)



According to Business today The Indian Institute of management Calcutta ranked second in the top 10 business school in India. The IIM Calcutta was the first of IIMs in India and was established on 13 November 1961in collaboration with the MIT Sloan School of Management, the government of West Bengal, the Ford Foundation and the Indian industry .IIM Calcutta also known as IIM Joka. Ajit Balkrishnan is the current chairmen of IIM Calcutta. The foundation stone of IIM Calcutta was laid by the Deputy Prime Minister of India Morarji Desai on 15 Dec 1968. It is located in Kolkata, West Bengal, India. On November 14, 2010 it completed its 50 years of Journey. Over the years, IIMC has grown into a mature institution with global reputation, imparting high quality management education across the country.

IIM Calcutta offers following academic programs:

• PGPEXPGPEX (Post Graduate Programme for Executives).
• PGP Post Graduate Diploma in Management (PGDM).

Motto– Knowledge for the benefit of all.
Established- 13 November 1961
Type – Public business school.
Chairmen– Ajit Balakrishnan.
Location– Kolkata, West Bengal, India.



Xavier Labor Relations Institute commonly known as XLRI. XLRI is a leading management school in India based in Jamshedpur, Jharkhand. XLRI established in 1949 as the Xavier Labor Relations Institute. The XLRI present chairman is H M Nerurkar and Fr E. Abraham is a director. XLRI is acknowledged as India’s oldest private business management school. XLRI consistently among the top 5 business School in India. According to Outlook India XLRI was ranked No. 4 in 2012 among the top 75 Business school in India across Private and Government sector. In 2012 XLRI ranked 5 among the Top business school in India by CNBC TV18. According to Business Today XLRI ranked 3rd among the top B Schools in India in 2015. The XLRI B School has also been recognised for its research acumen by the London Business School and ranked among top 5 research schools in India cutting across management and technical institutes. XLRI PMIR programme has been consistently acknowledged as the best ‘HR Course’ in Asia –Pacific.

XLRI offers following academic programs:

• 3.1 Human Resource Management
• 3.2 Business Management Programme
• 3.3 Global MBA Programme
• 3.4 General Management Programme
• 3.5 Fellow Programme in Management
• 3.6 Entrepreneurship Management (PGP-CEM)

Motto– For The Greater Good
Established– 1949
Type – Private business school.
Chairmen– H M Nerurkar .
Location– Jamshedpur, Jharkhand,India.

4) Faculty of Management Studies, Delhi


Faculty of Management Studies commonly known as FMS established in 1954. FMS comes under the aegis of the Delhi University. FMS is one of the oldest business schools in India. It is located in Delhi, Delhi, India. It is first institute in India which started offering full time MBA programme. The institute was started at the Delhi School of Economics premises under the-then Dean, Prof. A. Das Gupta, of the Delhi College of Engineering (DCE). According to Business Today FMS ranked 4 among the top 10 business school in India In 2015 and ranked 3rd among the 50 best Business Schools in 2012. The FMS Delhi also ranked 10 in the 2013 edition of CNBC-TV18’s India’s best Schools Rankings.FMS offers not only long term academic programme leading to a Degree certification but also known for its academic programmes, training programmes and research.

Currently, FMS conducts the following long-term programmes:

• MBA (Full Time)
• MBA(Executive)
• MBA(Executive)Health Care Administration
• Doctoral Programmes.
• Bachelor of Management Studies.

Established– 1954
Type – Public business school.
Chairmen- Dr. M.L. Singla.
Location– Delhi, Delhi, India.

5) Indian Institute Of Management Kozhikode


The Indian Institute of Management Kozhikode is 5th Indian Institutes of Management set up by the Government of India in 1996 in collaboration with the State Government of Kerala. The Institute ranked 5th among the top business school across the country by Business Today in 2015. IIMK was ranked 7th by the Hindustan Times among India’s top 50 business schools of 2012, ranked 6th by the 2012 edition ofCNBC-TV18’s Top B-Schools in India, ranked 6th by the Business Today 50 best business schools of 2012.

IIMK offers following academic programs:
• Post Graduate Programme in Management
• Fellow Programme in Management
• Executive Post Graduate Programme
• Social Development Initiatives
• International Exchange

Established– 1996

Motto– Diligence leads to Excellence.

Type – Public business school.
Chairmen– A. C Muthiah
Location– Kozhikode, Kerala, India

6) IIM Indore


Indian Institute of Management Indore commonly known as IIM Indore established in 1996 as the sixth Institute of Management after Calcutta. It is the first IIM to have started operations outside India. In 2013, IIM Indore shifted its Ras-Al-Khaima operations to Dubai and in 2014; it shut down its operations at its UAE campus. The institute also offers its flagship two-year full-time (non-residential) Post Graduate Programme in Management (PGP) in Mumbai, from 2012. The Institute ranked 6th among the top business school across the country by Business Today in 2015.

IIMI offers following academic programs:

• Integrated Programme in Management (IPM)
• Post Graduate Programme in Management (PGP)
• Executive Post-Graduate Programme in Management (EPGP)
• Post Graduate Programme in Management for Executives (PGPMX)
• Fellow Programme in Management (FPM)

Established– 1996

Motto– Achievement is Rooted in Management
Type – Public business school.
Chairmen- Dr. Rishikesha T Krishnan
Location– Indore, Dubai (UAE), Mumbai]




S.P. Jain Institute of Management and Research commonly known as SPJIMR is one of the private business schools of India. SPJIMR is a constituent of the Bhartatiya Vidya Bhavan and it is recognised as one of the premier business schools o India. It is one of the top ten B-schools in the India by 1994-1995.SPJIMR spread across 45 acre campus in the western suburbs of Andheri in Mumbai. The institute was named after Sahu Shreyans Prasad Jain of the Sahu Jain family, who financed the institution in its early years. SPJIMR ranked 16th by the QS GLOBAL 200 BUSINESS SCHOOLS REOIRT in the Asia-Pacific region for 2012 and ranked 10th by Business Today among top 50 Business schools in India in 2011.It was also ranked 7th by Business Today among the top business schools in India in 2015.

S.P. Jain offers following academic programs:
• Post Graduate Diploma in Management
• Post Graduate Programme in Management
• Executive Management Programme
• Family Managed Business programme

Established– 1996

Motto– Knowledge is Nectar
Type – Private business school.
Director– Dr. Sesha Iyer
Location- Mumbai, Maharashtra, India

8) Management Development Institute, Gurgaon


Management Development Institute, Gurgaon also known as MDI, Gurgaon and it was located in Gurgaon, a commercial hub near the Indian capital New Delhi. Its second campus has come up near Murshidabad, West Bengal. It was established in 1973. According to Business Today’s 2014 rankings MDI ranked 6th among the top Business schools in India. It was also ranked 6th by the 2012 edition of CNBC-TV18’s top Business Schools in India. In 2011, it was ranked 6th by outlook magazine. MDI Consistently ranks among the top 10 BUSINESS Schools acroos the country.

MDI offers following academic programs:

• Post Graduate Programme in Management (PGPM)
• Post Graduate Programme – Human Resource Management (PGP-HRM)
• Post Graduate Programme in International Management (PGPIM)
• National Management Programme (NMP)
• Post Graduate Diploma in Public Policy and Management
• Fellow Programme in Management
• Executive Fellow Programme in Management
• Part Time Post Graduate Programme in Management (PT-PGPM)

Established- 2014

Motto– Perfection in action is Yoga
Type – Autonomous Business School
Director– Dr. Gurudas Gupta
Location-Gurgaon, New Delhi, India

9) Indian Institute of Foreign Trade (IIFT), New Delhi


The Indian Institute of Foreign Trade is commonly known as IIFT is an autonomous public business school established in 1963 in New Delhi, Delhi by the Government of India. The main reason behind establishment of IIFT is to help professionalize the country’s foreign trade management and increase exports. It is the institute among the tpo-10 business schools of India that offers the flagship program in the Master of Business Administration in International Business i.e. MBA-IB. It also offers various Management Development Programs, Executive Programs and and Certificate Programs catering to the requirements of aspiring International Business executives.

IIFT Delhi offers following academic programs:

• Ph.D. Course (full-time and part-time)- at Delhi and Kolkata Campus.
• Two-Year Residential MBA (International Business)
• Three-Year Part Time MBA (International Business), New Delhi & Kolkata
• Executive Master’s in International Business, New Delhi, Dubai and Dar-es-Salaam
• Certificate Course in Export Management, New Delhi, Kolkata, Guwahati (Assam)
• Post Graduate Diploma in International Business Strategy through NIIT Imperia

Established– 1963

Type – Public business school
Director– Dr. Surajit Mitra
Location– New Delhi and Kolkata,India.

10) International Management Institute (IMI), New Delhi


International Management Institute, New Delhi popularly known as IIM, New Delhi is a private Business school in India. It is located on New Delhi, India.IMI Delhi established in 1981 and which was country’s first corporate sponsored business school. IMI’s other campuses are located in Kolkata and Bhubaneswar. It is among the seven B-Schools across the country to get accreditation from the international accreditation agency. IMI Delhi also publishes international business journal, Global Business Review with sage publications. It was ranked 10th among the top B-Schools in India by Business Today in 2015. And it also ranked 11th business school among the B-Schools in India by Business world in 2014.


IMI offers following academic programs:

• Post Graduate Diploma in Management (PGDM)
• Post-Graduate Diploma in Management – Human Resources (PGDHRM)

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