IIRF MBA Rankings 2024: IIM Ahmedabad Secures Top Spot, FMS Delhi Surges to Second Position
In the latest release of the Indian Institutional Ranking Framework (IIRF) MBA Rankings for 2024, IIM Ahmedabad has claimed the prestigious top position, while Delhi University’s Faculty of Management Studies (FMS) has made a significant leap to secure the second spot. The rankings encompass both government and private institutions, emphasizing employability and evaluating key parameters across various categories.
Top 10 MBA Institutions in India – IIRF 2024 Rankings:
- IIM Ahmedabad – Indian Institute of Management, Ahmedabad (Gujarat)
- FMS Delhi – Faculty of Management Studies, University of Delhi (Delhi)
- IIM Calcutta – Indian Institute of Management Calcutta, Kolkata (West Bengal)
- IIM Bangalore – Indian Institute of Management Bangalore, Bengaluru (Karnataka)
- IIM Kozhikode – Indian Institute of Management, Kozhikode (Kerala)
- IIM Lucknow – Indian Institute of Management, Lucknow (Uttar Pradesh)
- IIFT Delhi – Indian Institute of Foreign Trade, New Delhi (Delhi)
- IIM Mumbai – Indian Institute of Management, Mumbai (Formerly, NITIE, Mumbai) (Maharashtra)
- IIM Indore – Indian Institute of Management, Indore (Madhya Pradesh)
- IIT Bombay – Shailesh J Mehta School of Management, Indian Institute of Technology Bombay, Mumbai (Maharashtra)
Notable Changes and Achievements:
- FMS Delhi Ascends: FMS Delhi has shown remarkable progress by securing the second position, moving up from its fifth-place ranking in 2023.
- IIM Ahmedabad Dominance: IIM Ahmedabad maintains its position as a leader in management education, securing the top spot in the rankings.
Additional Highlights:
- Top Private Business Schools:
- XLRI Xavier Institute of Management, Jamshedpur
- MDI-Management Development Institute, Gurugram
- S P Jain Institute of Management, Research, Mumbai
- Symbiosis Institute of Business Management, Pune
- Top Business Schools Under University Programs:
- SIBM-Symbiosis Institute of Business Management (Pune)
- SCMHRD-Symbiosis Centre for Management & Human Resource Development (Pune)
- XIMB-Xavier Institute of Management (Bhubaneswar)
- Top Business Schools for Employability:
- XLRI Xavier Institute of Management, Jamshedpur
- MDI-Management Development Institute, Gurugram
- S P Jain Institute of Management & Research, Mumbai
IIRF Ranking Categories:
- Overall Ranking of Government B-Schools
- Overall Ranking of Private B-Schools
- Top 50 Business Schools under the University Program
- Top 50 Business Schools for Research
- Top 50 Business Schools for Employability
Evaluation Parameters:
The IIRF Management Ranking 2024 evaluates institutions on seven key parameters, offering a comprehensive perspective on their research output and employability impact. The seven key parameters include:
- Teaching Learning Resources and Pedagogy
- Industry Income and Integration
- Placement Performance
- Research
- Placement Strategy & Support
- Future Orientation
- External Perception and International Outlook (EPIO)
The rankings serve as a valuable guide for individuals aspiring to pursue a career in management and provide essential insights for stakeholders in the academic field. IIRF assessed over 300 management institutions, providing rankings for 50 government and 160 private management institutions. The rankings are conducted by Maction Consulting under the mentorship of the Federation for World Academics (FWA).
| Rank |
Institution |
State |
| 1 | IIM Ahmedabad-Indian Institute of Management, Ahmedabad | Gujarat |
| 2 | FMS-Faculty of Management Studies, University of Delhi | Delhi |
| 3 | IIM Calcutta-Indian Institute of Management Calcutta, Kolkata | West Bengal |
| 4 | IIM Bangalore-Indian Institute of Management Bangalore, Bengaluru | Karnataka |
| 5 | IIM Kozhikode-Indian Institute of Management, Kozhikode | Kerala |
| 6 | IIM Lucknow-Indian Institute of Management, Lucknow | Uttar Pradesh |
| 7 | IIFT Delhi-Indian Institute of Foreign Trade, New Delhi | Delhi |
| 8 | IIM Mumbai- Indian Institute of Management, Mumbai (Formerly, NITIE, Mumbai) | Maharashtra |
| 9 | IIM Indore-Indian Institute of Management, Indore | Madhya Pradesh |
| 10 | IIT Bombay-Shailesh J Mehta School of Management, Indian Institute of Technology Bombay, Mumbai | Maharashtra |
