Ranks by Emerging schools

Total Score
Credentials of Promoters (40%)
Quality of Faculty (35%)
Growth Potential (25%)
1 Loyola Institute Of Business Administration (LIBA), Chennai 720 225 252 243
2 Wigan & Leigh College, New Delhi 637 209 214 214
3 DY Patil institute of Management, Navi Mumbai 633 197 217 219
4 KC College of Management Studies, Mumbai 598 199 190 209
5 Indian Institute of Management, Ranchi 596 194 194 207
6 ICFAI Business School, Pune (IBS-Pune) 579 194 194 191
7 Institute of Management Technology, Jaipur 577 201 181 194
7 K. J. Somaiya Institute of Management Studies & Research, Mumbai 577 194 201 181
9 Amity Business School, Jaipur 559 180 194 185
10 Chetana's College of management, Mumbai 539 181 179 179
11 Globsyes institute of management, Kolkata (Salt Lake City) 536 177 181 177
12 United World College, Mumbai 519 169 181 169
13 Aurora Business School Hyderabad 517 178 178 161
14 Shri Vaishnav Institute of Management, Indore 500 161 172 167
15 The Indian Institute of Planning and Management (IIPM), Delhi 473 149 162 162
16 Manipal Institute of Technology, Manipal 461 156 150 156
17 Prestige Institute of Management, Dewas 411 122 144 144
18 Fortune Institute of International Business (FIIB), Delhi 389 117 117 156
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* How to read our parameter-wise tables:

Overall score is the weighted sum of scores obtained in Factual as well as Perceptual surveys.

A factual survey entails data that is submitted by B-schools on a variety of questions. The questions are split up across five primary parameters - learning experience, living experience, brand value, return on investment and future orientation. A score of zero indicates that data was not submitted by the college for that particular parameter.

A perceptual survey is done on the B-schools that have participated in our factual survey. There is a separate questionnaire for this which is administered to a group of more than 1,200 stakeholders of the B-school ecosystem, including teachers, students, young executives and HR recruiters.

The scores obtained in both factual and perceptual survey are added up to get a composite, "overall" score. The B-schools are ranked based on this score.

In the perception survey, 'Base' refers to the number of respondents that have rated a particular B-school. A maximum of 120 respondents can rate each school. A B-school that is less known is rated by fewer people. But if those fewer people give it very high scores, it creates a skew in the ranking.

So, Business Today has used an awareness deflator to bring fairness to the rankings. B-schools that were rated by 40 or more respondents (one-third the sample) were assigned a weight of 1, which means their overall scores were multiplied by 1. B-schools that were rated by 30-39 respondents were given a weight of 0.9, so their overall scores were multiplied by 0.9, deflating their total score by a small margin. For 20-29 respondents, the weight was 0.8; and for B-schools that were rated by fewer than 20 respondents, the weight was 0.7.

Read full methodology here
*Fore School of Management, Delhi; Indian Institute of Management - Lucknow; Indian School of Business - Hyderabad; Mudra Institute of Communications, Ahmedabad (MICA); Tata Institute of Social Sciences - Mumbai; and University Business School - Chandigarh declined to participate in the survey.
**Vinod Gupta School of Management - IIT Kharagpur could not be ranked because of incomplete data and non-submission of mandatory documents

Over The Years

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