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MBA Placements: Rank of Ranks 2018

We can all agree on one aspect of planning to do an MBA is to get admission in a B-School that gives you the best placement opportunities. Thus, the placement history of these B-school is of utmost importance for aspirants. It reveals information of highest, lowest, average and median packages offered, the various companies that visit the campus, the industry patronage an institute enjoys which also helps in their learning curve, etc.

While one can always go through the placement reports of various B-school, but no person truly aspiring for the top B-school will have time for that. Hence, the rankings based on placements in the B-school come handy to them.

Career2NextOrbit team would like to emphasise that there is no direct correlation between the overall rank of an institute and its rank as per the placements. However, generally both the ranks are positively correlated. This disclaimer is important keeping in mind that the initial rank of ranks list which we shared with our readers need not be reflected in the same sequence in the placement rankings.

To achieve the objective of rankings B-schools placement-wise, we analysed the rankings lists released by NIRF, Outlook, NHRDN, Business Today and Business World. We collected the data from these sources as their rankings were based on either partially or completely validated data. Out of these, NHRDN’s data was 100% validated.

Most seasoned researchers are aware that every research has got some amount of inherent bias. Bias in a research report may come in any form or component such as prejudiced questions from an interviewer or answers of the respondent or an incorrect interpretation and consideration by the moderator. However, researchers are also aware that more the number of observation, lesser is the inherent bias. That’s the primary reason why we have considered the four rankings to come up with our study of ‘ranking of rankings’.

For this purpose, we made use of the Structured Data Collection techniques and included the names of all the colleges that featured in the top 50 MBA institutes of any of these five rankings (NIRF, Outlook, NHRDN, Business Today and Business World) to arrive at one conclusive ranking of rankings list. Subsequently, we looked at the placement ranks of all these institutes and calculated the average of all the ranks to arrive at rank of ranks as far as placements are concerned.

Hope this comprehensive list will help our readers make judicious decisions.

Table 1: Top 10 B-Schools making up the Top Tier 

Colleges Rank of Ranks Business World NIRF NHRDN Outlook Business Today S.D.
Indian Institute Of Management Ahmedabad 1 1 2 1 1 2 0.55
Indian Institute Of Management Bangalore 2 2 1 2     0.58
Indian Institute Of Management Calcutta 3 3 3 2 2 3 0.55
Faculty Of Management Studies, University Of Delhi, Delhi 4 7   3 5 1 2.58
SPJIMR, Mumbai 5 6 4 5 4 5 0.84
XLRI-Xavier School Of Management, Jamshedpur 6 4 5 4 3 9 2.35
Indian Institute Of Management Lucknow 7 5 7 6     1.00
TISS, Mumbai 7     6      
Management Development Institute, Gurgaon 8 10 6 5 13 4 3.78
Jamnalal Bajaj Institute Of Management Studies, Mumbai 9 11       6 3.54
Indian Institute Of Management Indore 10 12 10 7 6 18 4.77

 

Table 2: Contains the list of colleges falling under the category of Tier 1 B- Schools

Colleges Rank of Ranks Business World NIRF NHRDN Outlook Business Today S.D.
Indian Institute Of Management Kozhikode 11 8 8 8 7 24 7.28
National Institute Of Industrial Engineering, Mumbai 12 15 20 6 10 10 5.40
Narsee Monjee Institute Of Management Studies, Mumbai 13 9 21 9 8 19 6.26
Symbiosis Institute Of Business Management Pune 14 16 9   15   3.79
Shailesh J Mehta School Of Management, IIT Bombay 15 14 16   12 13 1.71
Xavier Institute Of Management(XIMB), Bhubneswar 15 18 14 14 9   3.69
Indian Institute Of Management, Trichy 16 19 18 11   8 5.35
Indian Institute Of Foreign Trade, Delhi 17 13 28   11 7 9.18
Symbiosis Centre For Management And Human Resource Development, Pune 18 20   12 14 20 4.12
Indian Institute Of Management Raipur 19 22 13       6.36
Sydenham Simsree, Mumbai 20     15 19 21 3.06
Institute Of Management Technology, Ghaziabad 21 22 26 13 17 15 5.32
Indian Institute Of Management Ranchi 22 27 12 25     8.14

 

In Table 3, the list contains the rest of the MBA colleges:

Colleges Rank of Ranks Business World NIRF NHRDN Outlook Business Today S.D.
Rajiv Gandhi Indian Institute Of Management Shillong 23 26 11   23 26 7.14
Department Of Management Studies, IIT Madras 24       21 23 1.41
Ta Pai Management Institute, Manipal 25 23   20 16 30 5.91
Indian Institute Of Management Rohtak 26 28 17       7.78
Department Of Management Studies, IIT Delhi 27 17 45   18 11 15.15
International Management Institute, Delhi 28 15 29 17 22 33 7.69
Department Of Management Studies, NIT Tiruchirapalli 29       20 27 4.95
Department Of Business Economics, University Of Delhi, Delhi 30       24 25 0.71
Great Lakes Institute Of Management, Chennai 31   22     28 4.24
New Delhi Institute Of Management, Delhi 31     25      
Fore School Of Management, Delhi 32 33 27 19     7.02
Fortune Institute Of International Business, Delhi 33     27      
Vinod Gupta School Of Management Studies, IIT Kharagpur 34 35 35 10 29   11.84
Institute Of Rural Management, Anand 35   25   26 35 5.51
Indian Institute Of Management Udaipur 36 37 19     31 9.17
National Instute Of Agricultural Extension Management, Hyderabad 37         29  
Lal Bahadur Shastri Institute Of Management, Delhi 38 36 30 19   32 7.27
Goa Institute Of Management, Goa 39 31   16 28 46 12.34
University Business School, Punjab University, Chandigarh 40 25 36       7.78
Symbiosis Institute Of International Business, Pune 41       31    
Indian Institute Of Management Kashipur 42 45 15 48   17 17.67
Birla Institute Of Management Technology, Greater Noida 43 34 34 21   36 6.90
Nirma University, Ahmedabad 44 32   21 27 47 11.12
Indian Institute Of Technology Roorkee 45   32        
KJ Somaiya Institute Of Management Studies & Research, Mumbai 46 24   18 44 44 13.50
Institute Of Management Technology, Nagpur 47 44   22     15.56
Symbiosis Institute Of Business Management, Bengaluru 47       33    
Balaji Institute Of Modern Management, Pune 48 40   26 25 42 9.00
Indian Institute Of Health Management Research, Jaipur 49       34    
Prin LN Welingkar Institute Of Management Development And Research, Mumbai 50 38   20 37 43 10.02
Institute For Financial Management And Research, Sri City 51 43 23 19   62 19.84
Institute Of Management Studies, Banaras Hindu University, Varanasi 52   37        
Sies School Of Management Studies, Mumbai 53 30     37 48 9.07
Loyola Institute Of Business Administration, Chennai 54 29 24   56 45 14.71
PSG Institute Of Management, Coimbatore 55 40 38     39 1.00
JIMS Kalkaji, Delhi 56     23 55   22.63
Amity Business School, Noida 57 41   21 57 38 14.75
Bharathidasan Institute Of Management, Tiruchirapalli 58 40          
Indian Institute Of Social Welfare And Business Management, Kolkata 58       40    
Jindal Global Business School, Sonipat 58 40          
Institute Of Public Enterprise, Hyderabad 59 44     30 49 9.85
Xavier Institute Of Social Service, Ranchi 60     25   58 23.33
KIIT School Of Management, Bhubaneswar 61 35   27 41 64 15.90
Rajagiri Centre For Business Studies, Cochin 62     50   34 11.31
Institute Of Finance And International Management, Bangalore 63     24 52 52 16.17
Indian Institute Of Technology Kanpur 64   43        
N L Dalmia Institute Of Management Studies And Research, Mumbai 64       43    
Jaipuria Institute Of Management, Noida 65     24 54 54 17.32
Symbiosis Institute Of Telecom Management, Pune 65       35 53 12.73
Vignana Jyothi Institute Of Management (VJIM), Hyderabad 66 51   51 38   7.51
Shri Dharmasthala Manjunatheshwara Institute For Management Development, Mysore 66 40   23   77 27.61
Symbiosis Institute Of Operations Management, Nashik 67 46     39 56 8.54
Anna University, Chennai 68   48        
Institute Of Management Studies, Ghaziabad 69 47     47 51 2.31
Indus Business Academy(IBA), Bangalore 70 47     49 50 1.53
Indian Institute Of Forest Management, Bhopal 71     45 45 57 6.93
International Management Institute, Bhubaneswar 71     24   74 35.36
ITM Business School, Navi Mumbai 72 45     32 73 20.95
Jagan Institute Of Management Studies, Rohini, Delhi 73 46     50 67 11.15
IILM Graduate School Of Management, Greater Noida 74 45   27   95 35.23
Xavier Institute Of Management And Entrepreneurship, Bangalore 75       48 66 12.73
Bharti Vidyapeeth Deemed University Institute Of Management And Research, New Delhi 76         59  
Indian Institute Of Management Nagpur 77 44       75 21.92
Institute Of Management Technology, Hyderabad 78 39     58 86 23.64
Jaipuria Institute Of Management, Lucknow 79     23 53 124 51.87
SCMS Cochin School Of Business, Cochin 80     48   89 28.99
Indian School Of Business, Hyderabad Campus 81         70  
Indian Institute Of Technology Indian School Of Mines Dhanbad 82       42 101 41.72
Thiagarajar School Of Management, Thirupparankundram 83         79  
Indian School Of Business & Media, Pune 84         83  
VIT Business School, Vellore 85 44 46   46 206 80.34
MS Ramaiah Institute Of Management, Bangalore 86     49 36 234 110.75
Kumaraguru College Of Technology, Coimbatore 87       51 225 123.04
SRM Institute Of Science And Technology, Chennai 88         147  
PES University, Bangalore 89         161  
Motilal Nehru National Institute Of Technology Allahabad 90         174  
Institute Of Business Management And Research, IPS Academy, Indore 91         238  

 

Key Inferences:

  • In general, the assessment of various ranking agencies with regard to placement data vary significantly from each other and hence suitable caution must be exercised by the readers while relying upon only one or two rankings. The better way is to look at multiple rankings and try to figure out the common thread and discard the outlier ranks.
  • One can rightly point out that the colleges having high Standard Deviation (S.D.) of the rankings have either participated in lesser rankings or some of the parameters selected for calculating the overall rank may not have been taken into consideration properly.
  • The S.D. cannot be calculated for the colleges that didn't participate in atleast 2 rankings.

 

All the Best in the search for your perfect B-School!


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