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MBA Rank of Ranks 2018: Faculty Quality Rankings

Every year, various print media, online media and ranking agencies rate or rank MBA programs of different B- Schools. Occasionally, each of these rankings differs so vastly from the others that it leaves the readers reeling in confusion. This ranking trend started in the US, way back in the 1980s with the Financial Times, Wall Street Journal and Businessweek coming out with exclusive lists to help management students and aspirants figure out the most suitable MBA programme and B- Schools for themselves. This trend was quickly adopted by the Indian publication houses to help students and aspirants identify the best management courses and B- schools in India. All of these publication houses stand by the accuracy of the data used and regard their rankings list as the most accurate and authentic. However, the problem arises when these ranking agencies rank some of the B- Schools so distinctly that the reader is thrown off- center as the standard deviation between two or more rankings of a B- School is sometimes enormous.

Career2NextOrbit team did a thorough research to find out the root cause of this issue. To understand the cause, we examined the various ranking databases. The findings from our research were astounding as most of these ranking agencies had overlooked a very important factor which alone can make or break the deal for any B- School. All of these agencies had considered a different number of parameters to prepare their list of best B- Schools but what stood out most during our study was the fact that some of them had completely ignored to consider Academic Excllence or the Quality of Faculty as a parameter while assembling their rankings list. The sources (NIRF, Outlook, NHRDN and Business Today rankings) provided this parameter, which we have used for the secondary data collection to prepare our conclusive rankings list

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 Outlook NIRF NHRDN Business
Today
S.D.
Indian Institute Of Management Ahmedabad 1 2 1 1 1 0.50
Indian Institute Of Management Bangalore 2   4 2   1.41
Jamnalal Bajaj Institute Of Management Studies, Mumbai 2       3  
Indian Institute Of Management Calcutta 3 1 2 3 8 3.11
Indian Institute Of Management Lucknow 4   5 8   2.12
Management Development Institute, Gurgaon 5 11 9 6 2 3.92
Indian Institute Of Management Kozhikode 6 5 7 14 4 4.51
Symbiosis Institute Of Business Management, Pune 7 8        
Narsee Monjee Institute Of Management Studies, Mumbai 8 9   9   0.00
XLRI-Xavier School Of Management, Jamshedpur 9 7   5 21 8.72
SPJIMR, Mumbai 10 3 25   7 11.72

 

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

Colleges Rank of Ranks Outlook NIRF NHRDN Business
Today
S.D.
Shri Dharmasthala Manjunatheshwara Institute For Management Development, Mysore 11     19 5 9.90
Xavier Institute Of Management(XIMB), Bhubneswar 11 12 3 13 20 6.98
Institute For Financial Management And Research, Sri City 12   13 11 16 2.52
International Management Institute, Delhi 13 10 17 15 12 3.11
Indian Institute Of Management Raipur 14   14      
International Management Institute, Bhubaneswar 14   6   22 11.31
KJ Somaiya Institute Of Management Studies & Research, Mumbai 15 22   11 10 6.66
Jims Kalkaji, Delhi 16   5 24   13.44
Goa Institute Of Management, Goa 17 14   24 6 9.02
Indian Institute Of Management Indore 18 6 21 5 27 10.97
Institute Of Rural Management, Anand 19 15        
Fore School Of Management, Delhi 20     16    
Institute Of Public Enterprise, Hyderabad 20 16        
Indian Institute Of Technology Kanpur 21       17  
Indian Institute Of Management Nagpur 22       18  

 

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

Colleges Rank of Ranks Outlook NIRF NHRDN Business
Today
S.D.
TISS, Mumbai 23     24 14 7.07
Institute Of Management Technology, Ghaziabad 24 20 42 7 9 16.05
Prin LN Welingkar Institute Of Management Development And Research, Mumbai 24 33 19 11 15 9.57
Nirma University, Ahmedabad 25 18 8 21 33 10.30
Faculty Of Management Studies, University Of Delhi,Delhi 26 4   11 48 23.64
Birla Institute Of Management Technology, Greater Noida 27   36 17 11 13.05
Sydenham Simsree, Mumbai 28 28   24 13 7.77
National Institute Of Industrial Engineering, Mumbai 28 40   12 16 15.14
Vinod Gupta School Of Management Studies, India Institute Of Technology, Kharagpur 29 24 27 19   4.04
Indian Institute Of Management Ranchi 30     15 32 12.02
Symbiosis Institute Of Telecom Management, Pune 31     24    
Ta Pai Management Institute, Manipal 32 17   18 41 13.58
Department Of Management Studies, Indian Institute Of Science, Bangalore 33       26  
Lal Bahadur Shastri Institute Of Management, Delhi 34 35   19   11.31
SCMS Cochin School Of Business, Cochin 34 27        
Shailesh J Mehta School Of Management, Indian Institute Of Technology, Bombay 35 31 24   27 3.51
Great Lakes Institute Of Management, Chennai 36   32   23 6.36
IBS Business School, Hyderabad 37       28  
Xavier Institute Of Management And Entrepreneurship, Bangalore 37 25     31 4.24
ITM Business School, Navi Mumbai 38 38     19 13.44
Indian Institute Of Management Rohtak 38   33   24 6.36
Indian Institute Of Management, Trichy 38     10 47 26.16
Department Of Management Studies, IIT Madras 39 23     35 8.49
N L Dalmia Institute Of Management Studies And Research, Mumbai 39 29        
Rajiv Gandhi Indian Institute Of Management Shillong 40 13 46     23.33
Symbiosis Centre For Management And Human Resource Development, Pune 40 21 37 20 40 10.47
Bharti Vidyapeeth Deemed University Institute Of Management And Research, New Delhi 41       30  
Amity Business School, Noida 42 51 28 18 25 14.29
IILM Graduate School Of Management, Greater Noida 42     24 37 9.19
Delhi School Of Management, Delhi Technological University, Delhi 43   31      
Department Of Management Studies, Indian Institute Of Technology Delhi 44 19     44 17.68
Balaji Institute Of Modern Management, Pune 44 39   24   10.61
Indian Institute Of Management Kashipur 44     11 52 28.99
SIES School Of Management Studies, Mumbai 45 32        
Institute Of Management Technology, Hyderabad 45 42   22   14.14
Jaipuria Institute Of Management, Lucknow 46 30 44 23   10.69
Indus Business Academy(IBA), Bangalore 46 55 10   32 22.50
Xavier Institute Of Social Service, Ranchi 46   26 18 53 18.34
Indian Institute Of Forest Management, Bhopal 47 46   19   19.09
Indian Institute Of Management Udaipur 48       33  
KIIT School Of Management, Bhubaneswar 48 37   24 38 7.81
Institute Of Finance And International Management, Bangalore 48 26   24 49 13.89
Loyola Institute Of Business Administration, Chennai 49       34  
Indian Institute Of Technology Indian School Of Mines Dhanbad 49 52 16     25.46
National Instuitute Of Technology Warangal 49   18   50 22.63
New Delhi Institute Of Management, Delhi 50   45 24   14.85
Institute Of Management Technology Ghaziabad 51 48 23   33 12.58
Anna University, Chennai 52       36  
Symbiosis Institute Of Business Management, Bengaluru 52 36        
Rajagiri Centre For Business Studies, Cochin 53 47 12   51 21.46
Jaipuria Institute Of Management, Noida 54 49   24 39 12.58
Fortune Institute Of International Business, Delhi 54   38 24 50 13.01
Indian Institute Of Social Welfare And Business Management, Kolkata 55 56 11   46 23.63
Symbiosis Institute Of International Business, Pune 56 34     42 5.66
Indian School Of Business, Hyderabad Campus 57   40      
OP Jindal Global University, Sonipat 58       41  
Jagan Institute Of Management Studies, Rohini, Delhi 59 54     29 17.68
Department Of Management Studies, National Institute Of Technology, Tiruchirapalli 60 43     42 0.71
National Institute Of Technology Rourkela 61       43  
VIT Business School, Vellore 62 44     45 0.71
Indian Institute Of Foreign Trade, Delhi 63 41 49     5.66
University Business School, Punjab University, Chandigarh 63 45        
Vignana Jyothi Institute Of Management (Vjim), Hyderabad 64 50 43   44 3.79
Atal Bihari Vajpayee Indian Institute Of Information Technology And Management Gwalior 65   48   45 2.12
Indian Institute Of Technology Roorkee 66   47      
Institute Of Management Studies, Ghaziabad 67 48        
Institute Of Management Studies, Banaras Hindu University, Varanasi 68   50      
PSG Institute Of Management, Coimbatore 68       50  
Indian Institute Of Health Management Research, Jaipur 69       53  
Jindal Global Business School, Sonipat 69       53  
Department Of Management Sciences, Savitribai Phule Pune University, Pune 70       54  
Symbiosis Institute Of Operations Management, Nashik 71 53     56 2.12
Motilal Nehru National Institute Of Technology Allahabad 72       55  
Adani Institute Of Infrastructure Management, Ahmedabad 72       55  
Manipal Academy Of Higher Education, Manipal 73       57  
Department Of Business Economics, University Of Delhi, Delhi 73 58        
Sri Sathya Sai Institute Of Higher Learning, Prasanthi Nilayam 73       58  
MS Ramaiah Institute Of Management, Bangalore 74 57     60 2.12
SRM Institute Of Science And Technology, Chennai 75       59  
PES University, Bangalore 75       61  

*Parameters taken = Outook: Academic Excellence, NIRF: Teaching, Learning and Resources, Business Today: Quality of Faculty, NHRDN: Intellectual Capital

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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