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India's Best Business Schools – 2017 Ranking


Dalal Street Investment Journal has always been a pioneer in adopting the best practices so that our readers not only read the journal, but act in a prudent manner to take some sound decisions. Keeping in mind our logo “Democratising wealth creation,” we are pleased to have ranked 100 best business schools of the country, keeping the authenticity and objective of our tagline, intact.

In order to rank the best 100 B-schools of the country, a detailed study was designed involving the inputs from various students. Initially a comprehensive list of B-schools was prepared, pertaining to those that offer a two years PGDM and MBA programme.

Taking into account various factors such as fees, placements, location, inclination towards entrepreneurship, development programmes, faculty education, average packages offered during placement drives, and the ability of the schools to engage students in research, as also giving them industry exposure, were the parameters considered while ranking the B-schools.

Based on the above parameters a score was derived. To minimise any distortion or outlier data points, the ranking from six authentic sources were also weaved into the scheme for coming out with the DSIJ Score. Also, if two of the business schools have had a tie on the same score, then both of them have been given the same rank.

It is important to mention that the various institutions under the umbrella of the Indian Institute of Management (IIMs) have purposely not been included in the ranking as we wanted to bring to our readers the B-schools other than IIMs, which also provide quality education to the building blocks of the nation. We would also like to bring to your notice that the Indian Institutes of Management still remain a top notch business school of the country.


Sr. No. Name Of the Institute Location Zone DSIJ Score DSIJ Rank
1 Xavier School of Management (XLRI) Jamshedpur East 121.331
2 Faculty of Management Studies University of Delhi (FMS) New Delhi North 119.332
3 Management Development Institute (MDI) Gurgaon North 119.332
4 S. P. Jain Institute of Management & Research (SPJIMR) Mumbai West 119.003
5 Department of Management Studies (IIT Delhi) Delhi North 114.334
6 Narsee Monjee Institute of Management Studies (NMIMS) Mumbai West 114.334
7 International Management Institute (IMI) New Delhi North 114.005
8 National Institute of Industrial Engineering (NITIE) Mumbai West 114.005
9 Indian Institute of Foreign Trade (IIFT) New Delhi North 113.336
10 Shailesh J. Mehta School of Management IIT Bombay Mumbai West 112.677
11 Symbiosis Institute of Business Management (SIBM) Pune West 111.338
12 Institute of Management Technology (IMT) Ghaziabad North 111.009
13 Xavier Institute of Management (XIMB) Bhubaneswar East 110.6710
14 Great Lakes Institute of Management Chennai South 109.3311
15 T. A. Pai Management Institute (TAPMI) Manipal South 108.0012
16 Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai West 107.3313
17 Symbiosis Centre for Management and Human Resource Development (SCMHRD) Pune West 105.0014
18 Vinod Gupta School Of Management, IIT Kharagpur (VGSoM) Kharagpur East 104.6715
19 Institute of Management, Nirma University Ahmedabad West 103.3316
20 Prin. L.N. Welingkar Institute of Management Development & Research Mumbai West 103.3316
21 Goa Institute of Management (GIM) Goa West 100.3317
22 K. J. Somaiya Institute of Management Studies and Research (SIMSR) Mumbai West 100.0018
23 Birla Institute of Management Technology (BIMTECH) Greater Noida North 99.3319
24 Institute of Rural Management (IRMA) Anand West 99.0020
25 Bharathidasan Institute of Management (BIM-Trichy) Tiruchirappalli South 97.6721
26 Lal Bahadur Shastri Institute of Management (LBSIM) Delhi North 97.6721
27 ICFAI Business School (IBS) Hyderabad South 96.6722
28 Department of Management Studies, NIT Trichy (DoMS-NIT Trichy) Tiruchirappalli South 95.6723
29 Sydenham Institute of Management Studies Research and Entrepreneurship Education (SIMSREE) Mumbai West 94.3324
30 Institute of Finance and International Management Business School (IFIM) Bangalore South 92.3325
31 National Institute of Agricultural Extension Management (MANAGE) Hyderabad South 91.0026
32 Loyola Institute of Business Administration (LIBA) Chennai South 89.3327
33 Xavier Institute of Management & Entrepreneurship (XIME) Bangalore South 89.0028
34 Institute for Financial Management & Research (IFMR) Chennai South 87.0029
35 Fore School of Management (FSM) New Delhi North 86.8729
36 Balaji Institute of Modern Management (BIMM) Pune West 86.3330
37 ITM Business School Navi Mumbai West 84.6731
38 Indian Institute of Science, Department of Management Studies (IISc) Bangalore South 83.7532
39 Foundation For Liberal And Management Education University (FLAME) Pune West 83.6733
40 PSG Institute of Management (PSGIM) Coimbatore South 83.0034
41 Symbiosis Institute of Business Management Bangalore South 82.3335
42 Institute of Public Enterprise (IPE) Hyderabad South 81.6736
43 Birla Institute of Technology and Science (BITS) Pilani North 81.2537
44 SCMS Cochin School of Business Cochin South 81.0038
45 SIES College of Management Studies (SIESCOMS) Navi Mumbai West 79.6739
46 Indian Institute of Forest Management (IIFM) Bhopal West 79.3740
47 Acharya Institute of Management & Sciences (AIMS) Bangalore South 79.3340
48 Rajagiri Centre for Business Studies Cochin South 79.0041
49 Amrita School of Business Coimbatore South 78.0042
50 SDM Institute for Management Development (SDMIMD) Mysore South 77.0043
51 Alliance School of Business Bangalore South 76.0044
52 Gitam Institute of Management Visakhapatnam North 75.3345
53 Jagan Institute of Management Studies (JIMS) Delhi North 74.3346
54 Jaipuria Institute of Management Lucknow North 73.3347
55 Amity Business School Noida North 72.6748
56 Department Of Management Sciences, University of Pune (PUMBA) Pune West 72.5049
57 Indian Institute of Social Welfare and Business Management (IISWBM) Kolkata East 71.8750
58 Indus Business Academy (formerly Indian Business Academy) (IBA) Bangalore South 70.3351
59 Symbiosis Institute of Operations Management (SIOM) Nashik West 70.3351
60 School of Management Studies, Motilal Nehru National Institute of Technology (MNNIT) Allahabad North 69.6752
61 KIIT School of Management (KSOM) Bhubaneswar East 68.3353
62 Department of Business Economics, Delhi University New Delhi North 66.8754
63 Symbiosis Institute of International Business (SIIB) Pune West 65.6255
64 Indira Institute of Business Management Navi Mumbai West 65.6255
65 MAEER's MIT School of Business Pune West 65.3356
66 Institute of Management, Christ University Bangalore South 64.3357
67 Suryadatta Group of Institutes Pune West 63.6758
68 Institute of Management Technology Nagpur West 60.3359
69 Institute of Management Studies (IMS) Ghaziabad North 59.0060
70 Kirloskar Institute of Advanced Management Studies (KIAMS) Harihar South 58.3361
71 M.S. Ramaiah Institute of Management Bangalore South 58.0062
72 VIT Business School (Vellore Institute of Technology) Vellore South 56.3363
73 Institute of Management Technology (IMT) Hyderabad South 56.0064
74 Symbiosis Institute of Telecom Management (SITM) Pune West 55.0065
75 Jagannath International Management School Delhi North 54.6766
76 Punjab College of Technical Education (PCTE Group of Institutions) Ludhiana North 53.7567
77 Thiagarajar School of Management (TSM) Madurai South 53.6767
78 Vignana Jyothi Institute of Management (VJIM) Hyderabad South 53.0068
79 Jaipuria Institute of Management Noida North 52.6768
80 Prin. L.N. Welingkar Institute of Management Development & Research Bangalore South 52.3369
81 LM Thapar School of Management Mohali North 51.8770
82 Fortune Institute of International Business (FIIB) New Delhi North 51.0071
83 Gitam School of International Business (GSIB) Visakhapatnam North 50.6272
84 Siva Sivani Institute of Management (SSIM) Secunderabad South 48.6773
85 Balaji Institute of Management and Human Resource Development (BIMHRD) Pune West 48.3374
86 Institute of Rural Management Jaipur North 46.8775
87 Jaipuria Institute of Management Jaipur North 44.3376
88 Karunya School of Management Coimbatore South 44.3376
89 International School of Business and Media (ISBM) Pune West 43.7577
90 Institute for Integrated Learning in Management, Graduate School Of Management (IILM) Greater Noida North 42.5078
91 Department of Management Studies, Indian School of Mines (ISM) Dhanbad East 41.8779
92 Pune Institute of Business Management (PIBM) Pune West 39.6780
93 Doon Business School (DBS) Dehradun North 37.6781
94 International Management Institute (IMI) Bhubaneswar East 37.5082
95 Lovely Professional University (LPU) Phagwara North 35.0083
96 Kirloskar Institute of Advanced Management Studies (KIAMS) Pune West 33.7584
97 Indian Academy School of Management Studies (IASMS) Bangalore South 33.7584
98 Prestige Institute of Management & Research (PIMR) Indore West 33.7584
99 Hindustan Institute Of Technology & Science (Hindustan University), Chennai Chennai South 33.1285
100 Delhi School of Business Delhi North 33.1285
101 International Institute of Management Studies (IIMS) Pune West 32.5086
102 Chitkara Business School Rajpura North 31.8787
103 PES University Bangalore South 31.8787
104 Indian Institute of Finance (IIF) Noida North 30.0088
105 Balaji Institute of International Business (BIIB) Pune West 29.3389
106 Padmashree Dr. D. Y. Patil University Department of Business Management Mumbai West 27.5090
107 Indus Business Academy (IBA) Greater Noida North 26.2591
108 KCT Business School (KCTBS) Coimbatore South 26.2591
109 Balaji Institute of Telecom and Management (BITM) Pune West 25.6292
110 SRM School of Management Chennai South 25.6292
111 The Northcap University Gurgaon North 24.3793
112 Gitarattan International Business School Delhi North 24.3793
113 Bharati Vidyapeeth Deemed University Institute of Management & Research New Delhi North 23.7594
114 Kristu Jayanti College of Management & Technology Bangalore South 22.5095
115 G.L. Bajaj Institute of Management and Research Greater Noida North 20.6296
116 GRG School of Management Studies Coimbatore South 18.1297
117 Aurora's Business School Hyderabad South 17.5098
118 ICBM School of Business Excellence Hyderabad South 17.5098
119 Siddaganga Institute of Technology Bangalore South 9.3799
120 Manav Rachna International University (MRIU) Faridabad North 4.37100
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