List of Top 20 Business Schools in the India
The top leaders among Business Schools have acquired some distinct and unique features which set them apart from the rest.
Besides the state – of – the – art infrastructure and academic excellence, which are common to most of these leading B – Schools, each one of them have carved out a special niche for itself in selected and specialised areas.
A thumbnail sketch capturing the uniqueness and cutting edges of these leading B – Schools presented by them as their USPs are given below.
The top 20 B – Schools include:
1. IIM, Ahmedabad
The leader among the leaders, IIMA has expanded the boundaries of management education to include one – year full time residential programmes for Executives and in Public Management and Policy.
A mid – career program for IAS officers in Governance Challenges for India and a Certificate Course in Business Administration for Defence Personnel are other noteworthy interventions added with Post Graduate programmes in Agriculture – Business Management. IIM – A also offers a large number of MDPs and Executive Education Programmes in India and abroad.
2. XLRI, Jamshedpur
XLRI, Jamshedpur is a premier management institute with labour and rural exposure. It has a unique program of consultancy by students for young entrepreneurs. Courses on Social Research Methods and Business Research Methods are offered as electives.
Real life case studies by Prahlad Kakkar are the distinctive features of XLRI. Real life projects were undertaken for practically every elective and Social Research Method and Business Research Method courses.
3. MDI, Gurgaon
MDI, Gurgaon strives to produce thought leaders and change masters through linkages with corporate and international academic communities. Post graduate programmes in Public Policy and Management sponsored by the Government of India and in International Management are among the extensive executive development programmes of MDI.
Its Centre for Research focuses on Supply Chain Management, Information Management Entrepreneurship, Transformational Leadership and Corporate Governance.
4. NITIE, Mumbai
NITIE, Mumbai is among top 15 institutes of National Importance recognised by the Ministry of HRD, GOI with world class infrastructure and fibre optic connectivity in all hostel rooms.
MANDI – field sales management project for all students and ARTHa quasi mutual fund manage by students are some of the innovative program of NITIE.
E – Governance courses for government official a specialized course in Safety and Environment Management and Environmental Capacity Building Project for the World Bank are some of the special programmes offered by NITIE.
5. SVKMs NMIMS, Mumbai
SVKM’S NMIMS, Mumbai is a story of transformation from an institute to a university and thus integrating management education system with technology management education.
The social sector interventions with social entrepreneurship and corporate social responsibility and compulsory subjects for all students.
Social engineering project involving NGOs and volunteers are its USP, The institute has introduced a program on Social Entrepreneurship for creation of social and economic value.
6. Jamnalal Bajaj Institute of Management Studies, Mumbai
Jamnalal Bajaj Institute Of Management Studies, Mumbai enjoys the same level of autonomy as that of FMS as most of the activities of the institute are managed by student committees.
It has close interaction with the corporate world and its distinguished alumni include Uday Kotak, A jay Piramal and Mani Ratnam, the noted film maker.
High level corpora interaction keeps students abreast of the latest business trend and helps them to hit the ground running when they start their careers as young managers.
7. FMS, New Delhi
FMS, New Delhi has the distinction of being the first B – School in India and is rated as the best university – based B – School in the country. It has an all Ph.D. faculty and a strong and distinguished alumni network.
The students of FMS play a dominant role in managing the affairs of the institute and networking with the industry. MBA in Health Care Administration (Part-time program having 15 seats for practicing doctors) is a special feature of FMS.
8. IIFT, New Delhi
IIFT, New Delhi set up by the Ministry of Commerce, GOI in 1963 got Deemed University status in 2002. It provides special focus on development of External Trade Sector of India.
IIFT launched master’s program in International Business in 1986. IIFT has a very strong presence in Social Sector programmes through a wide network of reputed NGOs.
9. IMT, Ghaziabad
IMT, Ghaziabad an integrated B – School has gone global by setting up its Dubai Campus approved by UAE Government and drawing international faculty.
IMT has set up Centres of Excellence in Supply Chain Management Information Management, Financial Research and Environment Management. It also lays focus on research and publication with its faculty members editing and guest editing professional journals.
10. Xavier Institute of Management, Bhubaneswar
Xavier Institute of Management, Bhubaneswar set up in 1987 functions through several speciality centres viz. Centre for Development Research and Training, Center for Development of Small and Medium Enterprises, Center for Health Care Management, Centre for Entrepreneurship Development, Center for Case Research and Centre for Industry Facilitation.
XIM has strong Social Sector Interventions of IT Technology in Panchayati Raj Institutions, Food Scrutiny and Woman Empowerment through Self-Help Groups.
11. FORE School of Management, New Delhi
FORE School of Management, New Delhi has set up centres of excellence in MDP, Research; Competency Mapping and Assessment; Psychometrics; Research and Evaluation; Six Sigma and Software Development.
Through ILO / UN sponsored international network INTERMAN, FORE has linkages with management institutes and enterprises in 72 countries. Courses in Independent Study and e – learning have been introduced recently.
New courses like Corporate Social Responsiblity Disaster Management and Corporate Governance have added value for the Institute.
12. Symbiosis Centre for Management and Human Resource Development, Pune
Symbiosis Centre for Management and Human Resource Development, Pune set up in 1997 and is a constituent of Symbiosis International University. It presents a synthesis of business perspective with technology and IT – related industry Proof of concept labs are being used as learning resources Symbiosis has set up Centre of Excellence for Corporate Social Responsibilities.
13. IMT, New Delhi
IMI, New Delhi, set up in 1981 in collaboration with International Management Institute, Geneva, has over 3,500 alumni in more than 10 countries. It has a high degree of involvement of alumni in interviewing candidates and participating in their induction.
IMI introduced a new course on HR Management in 2005 and the one-year Executive MBA Program was revised to 15 months, adding a 3 – month live research project to the course.
IMI now enjoys an equal relationship with all its exchange partners in Europe, Australia and Asia. It is sought by business schools in the US for developing links for students and faculty exchange.
14. Goa Institute of Management, Goa
Goa Institute of Management, Goa stands by “no loss no profit” concept and believes in no ostentation and wasteful expenditure. It boasts of a very innovative and evolved pedagogy and interactive courses.
Goa’s earlier links with Portugals have led to valuable exchange program for students with the University of Portugal.
15. Lal Bahadur Shastri Institute of Management, Delhi
Lal Bahadur Shastri Institute of Management, Delhi Developing professionals with ‘Vision’ and ‘Versatility’ in accordance with ‘Ethics’, ‘Values’ and ‘Principles’ of Shri Lal Bahadur Shastriji, is the philosophy of Lal Bahadur Shastri Institute of Management (LBSIM).
Management Education for Defence Personnel in keeping with the ‘Jai Jawan, Jai Kisan’ slogan of Shastriji, LBSIM provides management education to Defence Personnelin all its three wingsat very nominal fee structure.
Under social sector programmes, LBSIM has undertaken a research study entitled “Management of National Rural Employment Guarantee Scheme” of the Government of India in six states.
The objective is to find out how best NREGS can be beneficial to the 40 percent of rural populace who live below the poverty line.
A pilot study undertaken by the Institute’s Research Centre, The Lal Bahadur Shastri Research Centre for Public Policy and Social Change (LBSRC)for four select districts of Uttar Pradesh in this context, has revealed enormous benefits of the scheme for the rural populace of India.
16. Welingkar Institute of Management Development and Research, Mumbai
Has established WISE” Women in Industry, Society and Economy”, which invites women with the enthusiasm to study, grow and have the will to reach within themselves and realize their full potential.
Welingkar Institute, a front – runner in innovative ways of curriculum delivery to management students by sending students on the streets of Mumbai as part of project called “Business Ke Funde”.
HR initiatives another significant feature of Welingkar, consists of activities like Mentoring, Out Bound Program, Theatre Workshops, Competency Mapping and Building, Emotional Intelligence, People First etc.
17. Indian Institute of Forest Management, Bhopal
Indian Institute of Forest Management, Bhopal is the only institute in Asia providing management education in forestry and its allied sectors e.g. environment, rural development etc, A two – year Ph.D program was launched in 1988 which is a combination of managerial, technical and socio – personal skills.
IIFM is the nodal agency for sustainable forest management in India and has set up an International Centre for Community Forestry which documents best practices and disseminates information. Policy advocacy for public – private partnership in forest management is an important function of the institute.
18. K.J. Somaiya Institute of Management Studies and Research, Mumbai
Has strong and vibrant alumni network, strong and ongoing industry linkages, conducts program in Retail Management in association with Pantaloon. A program on Information Security Management is an added valued activity. Emphasis on socially relevant projects is one of the key strengths of this institute.
19. Institute of Management Nirma University, Ahmedabad
Institute of ManagementNirma University, Ahmedabad organizes course in “Managing Social Projects” which attempts to create managers who are socially responsible.
The Institute to close linkages with their incubation center Nirma Labs. Teaching through computer simulations is another significant feature.
20. Bharathidasan Institute of Management, Tiruchirappalli
Bharathidasan Institute of Management, Tiruchirappalli was established in active partnership with Bharat Heavy Electricals Ltd. and has strong linkages with industry.
The Institute lays great emphasis on righteous behaviour of students to groom them as responsible citizens, reflecting the core values of rich Indian traditions.
The principle is strongly grounded on the belief that individuals who are going to occupy managerial positions in organizations, which are going to be the power centres of the future, should have empathy towards fellow living beings.
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