IIM Bangalore and IIM Calcutta Improve Global MBA Rankings 2018

IIM-B, IIM-C improve global Ranking; IIM-A, ISB slip

Indian institutes of management Bangalore and Calcutta have improved their global rankings this year, but, other premier management institutes like IIM-Ahmadabad and the Indian School of Business, Hyderabad have slipped, according to a the Financial Times London's Global MBA Ranking 2018. The ISB, which was ranked 27th in 2017 slipped one notch to 28 in the current year Financial Times rankings while IIM Ahmedabad, which was at 29th position last year, is at 31, the Financial Times London said in a statement today.

IIM Bangalore has improved its position and climbed to 35th from 49th. Similarly, the IIM Calcutta too considerably improved its position to 78th this year from 95th, sharing the honours with McGill University Desautels, Canada.

The Post Graduate Programme of the Indian School of Business (ISB) is ranked 28th among the top 100 global MBAs and and according to the ranking, tt is the top ranked business school in India. ISB is in the top five globally in terms of percentage salary increase and placement three months after graduation and continues to rank quite high in alumni recommendation.

 In September last year, when Financial Times declared the world rankings of Masters in Management programmes for year 2017, Switzerland's University of St.Gallen's Masters in Strategy and International Management (SIM) programme was again selected as the best overall programme globally. Then also, Indian B-Schools IIM Ahmedabad, IIM Bangalore and IIM Kolkata slipped in the ranking of of Business Schools this year.

List of top Indian Business schools such as the Indian Institutes of Management (The IIMs) at Ahmedabad, Bangalore, Calcutta, XLRI. The list also includes the recent phenomenon in Indian Management Education - the B schools with international affiliation such as the Indian School of Business at Hyderabad.

Top Management Institutes in India

Indian Institute of Management, Ahmedabad (IIM A)

Considered the best of the best business schools in India, IIM Ahmedabad offers the following programmes in Management. The PGP - Post Graduate Program (equivalent to MBA), the FPM - Fellowship Program in Management(equivalent to Ph.D), the FDP - Faculty Development Program for Management teachers and Trainers, the MDP - Management Development Program - a refresher for middle and top level managers and one year full time PGPX program.

Indian Institute of Management, Calcutta (IIM C)

The oldest of the IIMs, established in Kolkatta, IIM Calcutta is among the top three B schools in India. The institute offers the following full time programs viz., The PGDM - Post Graduate Program in Management (equivalent to MBA), the FPM - Fellowship Program in Management, the PGDCM - Post Graduate Diploma in Computer Aided Management, and the one year PGPEX program. The institute also offer part time PGDBM - Post Graduate Diploma in Business Management for managers with relevant work experience. In addition, MDP - Management Development Programs are held in regular intervals for middle and top level managers.

Indian Institute of Management, Bangalore (IIM B)

IIM Bangalore offers two year full time PGP - Post Graduate Program in Management (equivalent to MBA) and a FPM - Fellowship Program in Management. Both these programs require the candidate to take CAT. The institute also offers a one year full time residential ePGP program. IIM Bangalore is ranked amongst the top three business schools in the country.

ISB - Indian School of Business, Hyderabad & Mohali

 Indian School of Business, Hyderabad and Mohali has emerged as the preferred choice for MBA aspirants who want to pack in the program into a one year course. The ISB has created a unique and sustainable visiting faculty model with some of the world's leading academicians from Wharton, Kellogg, Harvard, Stanford, Chicago, Duke and Texas among others. The school offers a one year Post Graduate Program in Management.

Indian Institute of Management, Lucknow (IIM L)

IIM Lucknow offers a two year full time residential PGP - Post Graduate Program in Management and a four year FPM program. Both these programs require a candidate to take CAT. IIM Lucknow also offers a one year full time IPMX program. Students and faculty from these internationally reputed B-Schools in turn visit IIM Lucknow. It is ranked amongst the top five B-Schools in India.

XLRI - Xavier Labour Research Institute, Jamshedpur

Xavier Labour Research Institute, popularly known as XLRI was established in 1949 at Jamshedpur. The institute offers two courses at the post graduation level in management - a post graduate diploma in Business administration and a post graduate diploma in Personnel Management and Industrial Relations (PMIR). XLRI offers a one-year full time PGDM (GM) program. An MS in Positive Organization Development & Change is offered jointly by XLRI Jamshedpur and Case Western Reserve University's Weatherhead School of Management (Cleveland, USA)

FMS - Faculty of Management Studies, University of Delhi

FMS is amongst the top 10 B-Schools in the country and probably one of the two attached to a university among the top ten. The full time program of FMS started in 1967. Being a part of Delhi University, the MBA program offered by FMS is the most affordable program by an Indian B Schools that features among the top 10 B schools in India.

Indian Institute of Management, Indore (IIM I)

IIM Indore has a two-year post graduate programme emphasizing on Experiential learning, IT orientation, and Social Sensitivity. IIM-I offers the following programs viz., (a) The Post Graduate Programme (PGP), a two year programme (b) Five year integrated Program in Management (IPM) that admits students at the undergraduate level, and (c) one year full time EPGP program. IIM Indore also offers a PGP program at its campus at Mumbai.

Indian Institute of Management, Calicut (IIM K - Kozhikode)

Established in 1996, The Indian Institute of Management Kozhikode, IIMK is the fifth Indian Institute of Management. Its academic programmes includes a 2-year full time Post Graduate Programme in Management, and a number of short duration executive education programmes. The institute also offers an "Interactive Distance Learning Programme"

Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)

The Jamnalal Bajaj Institute of Management Studies, (JBIMS) was established by the University of Bombay in 1965 in collaboration with the Graduate School of Business, Stanford University with the objective of pioneering and furthering post - graduate management education in India. JBIMS offers two full time programs in Management - its flagship 2-year full time MMS program and MSc in Finance.

S. P. Jain Institute of Management Studies, Mumbai (SPJIMR)

The Institute's PGDM programme amongst the best in the country offers the following specialisation in the second year (fourth and fifth trimester). Finance Management, Marketing Management, Information Management and Operations Management. Applicants have to select the specialization at the application stage. In addition, SP Jain also offers the following full time residential programs - PGPM, GMP, PGMPW, and FPM.

Shailesh J. Mehta School of Management, IIT Bombay (Mumbai)

The school commenced its operations in 1995 and has been awarding a full time two year Master of Management Program, a doctoral program in management and Executive Education programs in management. To secure an admission, you must take the CAT and if shortlisted will have to appear for the Writing Ability Test (WAT) and a personal interview."

Department of Management Studies, IIT Delhi

The school commenced its MBA format in 1997 and offers two full time two year programs: MBA and MBA Telecom. Also offers a doctoral program in management and Executive Education programs in management. To secure an admission, you must take the CAT and if shortlisted will have to appear for a group discussion and a personal interview."

Vinod Gupta School of Management, IIT Kharagpur

The first IIT to set up a school of management within the IIT system in 1993. In addition to its flagship full time two year programs MBA, VGSoM also offers a doctoral program in management and Executive Education programs in management. To secure an admission, you must take the CAT and if shortlisted will have to appear for the Writing Ability Test (WAT) and a personal interview."

Indian Institute of Foreign Trade (IIFT)

IIFT has two campuses in India - New Delhi and Kolkatta. IIFT offers the following programs: 2-year full-time MBA, Executive Masters in International Business and a 3-year part-time MBA program. Admission to Indian students is on the basis of Written test, Essay write-up, Group Discussion and Interview.

List of New IIM’S


Institute Name


Indian Institute of Management, Shillong. (Meghalaya)


Indian Institute of Management, Rohtak. (Haryana)


Indian Institute of Management, Ranchi. (Jharkhand)


Indian Institute of Management, Raipur. (Chhattisgarh)


Indian Institute of Management, Tiruchirapalli. (Tamilnadu)


Indian Institute of Management, Kashipur. (Uttarakhand)


Indian Institute of Management, Udaipur. (Rajasthan)


Indian Institute of Management, Nagpur. (Maharashtra)


Indian Institute of Management, Vishakapatnam. (Andhra Pradesh)


Indian Institute of Management, Bodh Gaya. (Bihar)


Indian Institute of Management, Amritsar. (Punjab)


Indian Institute of Management, Sambalpur. (Odisha)


Indian Institute of Management, Sirmaur. (Himachal Pradesh)


Indian Institute of Management, Jammu. (Jammu & Kashmir)


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