NIRF MBA Rankings 2023: Top MBA Colleges in India, Management Rankings, Comparison, Parameters

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NIRF Management Ranking 2020 was released by Education Minister Dr Ramesh Pokhriyal on June 11, 2020. 

IIM Ahmedabad has annexed the top position in 2020 ranking by removing IIM Bangalore from the pedestal to second place. IIM Calcutta and IIM Lucknow retained their  third and fourth spot  respectively. There are two private colleges within the top 10 list. XLRI at ninth spot (down from seventh spot in 2019) and MDI Gurgaon at tenth place (up by 2 spots since 2019)

The NIRF rankings allows the candidates to understand which are the best MBA colleges in India and boost up their preparation so that they can secure admission in them. The MBA course have always one of the most sought after courses in India as it allows the candidayes to pursue a career in management that promises lucrative jobs and high package salary.. 

See Also: MBA Admissions 2023

This year, 4000 MBA colleges applied for NIRF MBA Ranking registering a 20% increase over last year. NIRF has been one of the most eminent agencies to roll out university/ college rankings every year. 

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The NIRF MBA Ranking 2020 had been reported in the wake of surveying the Indian higher instructive foundations on different boundaries like educating, learning and assets, exploration and expert practices, graduation results, effort and inclusivity, and observation.

  • Top 4 Ranking Places were held by IIM Ahmedabad, IIM Bangalore, IIM Calcutta and IIM Lucknow.
  • NITIE Mumbai has gone up to 17 from 29, going up by 17 places.
  • NIT Tiruchippalli has gone down by 18 places from 17 to 35
  • IIM Ranchi has moved up by 10 places from 28 last year to 18 in 2020

MBA NIRF Ranking 2020: Colleges/University Ranking 

Check the table below for the overall NIRF ranking 2020 MBA full list.

College Overall Score NIRF Ranking 2020 NIRF Ranking 2019 Change +/-
IIM, Ahmedabad 82.75 1 2 +1
IIM, Bangalore 81.32 2 1 -1
IIM, Calcutta 80.39 3 3 0
IIM, Lucknow 73.85 4 4 0
IIT, Kharagpur 70.43 5 6 +1
IIM, Kozhikode 69.96 6 8 +2
IIM, Indore 69.04 7 5 -2
IIT, Delhi 67.19 8 9 +1
Xavier Labour Relations Institute 67.11 9 7 -2
Management Development Institute 65.95 10 12 +2
IIT, Bombay 65.76 11 10 -1
IIT, Roorkee 62.87 12 11 -1
National Institute of Industrial Engineering 62.87 13 29 +16
IIT, Madras 61.77 14 15 +1
IIM, Tiruchirappalli 60.79 15 14 -1
IIT, Kanpur 60.53 16 22 +6
IIM, Udaipur 59.57 17 13 -4
S. P. Jain Institute of Management and Research 56.93 18 16 -2
IIM Raipur 56.12 19 19 0
IIM Ranchi 55.97 20 28 +8

Parameters of MBA NIRF Ranking 2020

Student Strength Faculty-Student Ratio Total Budget & its utilization
Metric for Publications IPR & Patents Quality of Publications
Placement percentage Higher studies Enttrepreneurship
Median Salary Number of PhD students graduated Graduating students admitted to top universities
Percentage of students from other states/countries Peer Perception Projects & Professional Practice & Executive Development Programmes

MBA NIRF Ranking 2020: Top 20 College by NIRF

Below are the top 20 colleges under the NIRF Ranking 2020.

MBA NIRF Ranking 2020 for IIM Ahmedabad

The college was established in 1961 and is extremely popular. It is known to be one of the oldest and most prestigious Business Schools in India. The college is one of the leading Business Schools in the Asia-Pacific Region. The total MBA fees is 23 lakhs. Currently, the college is ranked at number 1 in the MHRD-NIRF Ranking 2020. The whole institution is free from any exclusive control of one constituency. The whole foundation of this college is freedom.

Admission Process WAT and Personal Interview
Fee 23 Lakhs
Average Salary INR. 26.13 LPA

MBA NIRF Ranking 2020 for IIM Bangalore

This institution of education is extremely famous all over the Asia-Pacific for its top-quality MBA course. The Business school was established in 1973 and has since then produced a good number of alumni who have reached different places all around the world. The MBA fees structure for the whole course is 23 lakhs. It is currently ranked at 2 in the MHRD-NIRF ranking 2020. The college currently has a total of 110 faculty members working full-time, about 1200 students studying on the campus spread across various degree-programs and approximately 5000 executive education participants increasing annually.

Admission Process WAT and Personal Interview
Fee 23 Lakhs
Average Salary INR. 26.18 LPA

MBA NIRF Ranking 2020 for IIM Calcutta

The college was established in 1961 and is ranked 3 in the MHRD-NIRF ranking 2020. The college holds a lot of popularity among students and is often in competition with IIM Bangalore when it comes to the quality of education provided so their ranking keeps changing frequently. The total fees for MBA is 23 Lakhs. The campus is spread over 135 acres wide and is located in Joka. This autonomous Business school is widely famous among all the other Business schools in not just India but all over Asia-Pacific.

Admission Process WAT and Personal Interview
Fee 23 Lakhs
Average Salary INR. 27.8 LPA

MBA NIRF Ranking 2020 for IIM Lucknow

This college has the MHRD-NIRF ranking 4 and was established in 1984. The college itself is pretty small as it only has about 436 MBA seats available but the fees is relatively cheaper too because it is 14 lakh. The college was the first in its history to be able to create a satellite campus located away from the actual campus in another city which is Noida. Yet another famous business school on a national level, the institution itself has made multiple collaborations with many other global colleges and institutions. The whole idea behind the college is to promote a progressive mindset.

Admission Process WAT and Personal Interview
Fee 14 Lakh
Average Salary INR. 23.94 LPA

MBA NIRF Ranking 2020 for IIT Kharagpur

IIT Kharagpur was the first IIT established in 1951 by the government of India. In 2019 IIT-k was awarded the status of Institute of Eminence. It has secured the 5 positions in NIRF ranking 2020. The total MBA fees is Approximately 11.5 Lakhs. 

Admission Process Written Test and Interview
Fee 11.5 Lakhs
Average Salary INR. 15 LPA

MBA NIRF Ranking 2020 for IIM Kozhikode

The year in which this college was established was 1997 making it more than 2 decades old. With such a rich history of advancement and producing good alumni, the college is ranked 6 in the MHRD-NIRF rankings 2020. The college has a total of 112.5 acres of land available to the students with all the other facilities coming alongside the campus. The college itself is expanding its grounds and has been since its foundation. Currently, the total fee of this college is about 17.5 lakhs for the course.

Admission Process CAT/GMAT/EMAT
Fee 8.75 Lakhs (1st Year Fees)
Average Salary 23.08 LPA

MBA NIRF Ranking 2020 for IIM Indore

This Business school was built a year before IIM Bangalore in 1996. The college is respected for many reasons and one of them is that it is accredited by the Association of MBA’s, London. Currently ranked 7 in the MHRD-NIRF rankings 2020, the total fees for the course is 16 lakhs. The total number of seats available for this course is 451. The whole campus is situated over a hillock, spread over a 193-acre campus.

Admission Process WAT and Personal Interview
Fee 16 Lakhs
Average Salary INR. 22.92 LPA

MBA NIRF Ranking 2020 for IIT Delhi

Indian Institute of Technology Delhi is one of the 23 IITs made to be Centers of Excellence for planning, inventive work in science, innovation and design in India. IIT Delhi was established in 1961, back then known as College of Engineering, later announced as an Institution of National Importance and was renamed as "Indian Institute of Technology Delhi". It was then agreed on the status of a Deemed University with powers to pick its own scholastic course of action, to coordinate its own assessments, and to concede its own degrees.

Admission Process Computer Based Test conducted by IIT Delhi
Fee 5.05 Lakhs (1st Year Fees)
Average Salary INR 16 LPA

MBA NIRF Ranking 2020 for Xavier Labour Relations Institute (XLRI)

XLRL was established in 1949 founded by a few Jesuit Fathers. It is considered one of the oldest management institutes in India. Candidates have to appear for XAT or GMAT to pursue MBA from XLRI. This college has secured 9 positions by MHRD-NIRF ranking 2020.

Admission Process XAT / GMAT
Fee 11.8 LAKHS
Average Salary INR 24.30 Lakhs

MBA NIRF Ranking 2020 for Management Development Institute

MDI Gurgaon was established in 1973. The institute offers post-graduate management programs in Management, Human Resource Management, International Management, National Management, Public Policy Management, and Executive Management. They also have SAQS re-accreditation. MDI’s PGDM, PGDM-HRM, PGDM-IM, and PGDM-NMP programs have NBA re-accreditation.

Admission Process CAT, Group Discussion, Interview, WAT
Fee 9.43 Lakhs (1st Year Fees)
Average Salary INR. 10.5 LPA

MBA NIRF Ranking 2020 for IIT Bombay

Set up in 1958, the second of its sort, IIT Bombay was the first to be set up with new assistance. The resources from UNESCO came as Roubles from the then Soviet Union. In 1961 Parliament announced the IITs as 'Foundations of National Importance'. Starting now and into the foreseeable future, IITB has gotten more grounded to fortitude to arise as one of the top particular universities on the planet. A totally private foundation, all of its understudies are obliged in its 15 lodgings with in-house eating; the campus moreover gives awesome accommodations to sports and other recreational workplaces.

Admission Process CAT Score, WAT and PI
Fee 4.35 Lakhs (1st year fees)
Average Salary INR. 20.08 LPA

MBA NIRF Ranking 2020 for IIT Roorkee

The Institute offers Bachelor’s Degree/courses in 11 controls of Engineering and Architecture and Postgraduate Degrees in 55 orders of Engineering, Management, Pure Sciences, Applied Sciences, and Architecture and Planning. The government announced it as the seventh Indian Institute of Technology, an "Establishment of National Importance".

Admission Process CAT Score, WAT and PI
Fee 4.21 Lakhs (1st Year Fees)
Average Salary INR. 10 LPA

MBA NIRF Ranking 2020 for National Institute of Industrial Engineering

NITIE located in Mumbai was established in 1963 jointly by MHRD, Government of India, and UNDP of ILO. It aims to offer bestest education in Industrial & Environmental management along with Industrial Safety. NITIE has been ranked 13among other institutions by 2020 NIRF rankings.

Admission Process CAT Score
Fee 6.63 L - 14.63 L
Average Salary INR 20.88 Lacs

MBA NIRF Ranking 2020 for IIT Madras

IIT Madras was officially initiated in 1959 by Prof. Humayun Kabir, Union Minister of Scientific Research and Cultural Affairs. The Institute has sixteen scholastic divisions and a couple of cutting-edge research focuses on different orders of engineering and unadulterated sciences, with almost 100 labs coordinated in an exceptional example.

IIT Madras has been the highest-level engineering institute in India for four successive years just as the 'Best Educational Institution' in Overall Category in the NIRF Rankings of 2019 which were presented by the Ministry of Human Resource Development.

Admission Process CAT Score, Past Academic Performance, Academic Diversity, Work Experience, and Gender Diversity.
Fee 3.2 Lakhs
Average Salary 12.44 LPA

MBA NIRF Ranking 2020 for IIM Tiruchirappalli

The Indian Institute of Management Tiruchirappalli or IIM Trichy was established in 2011 and has been ranked 15 in MHRD-NIRF ranking 2020. The total MBA course fee is 14 lakh with only 180 seats available. The college was able to witness a 44% surge in the overall percentage of the median salary in 2019 placements as compared to the record of the previous 2 years.

Admission Process WAT and PI
Fee 14 Lakhs
Average Salary INR. 14.9 LPA

MBA NIRF Ranking 2020 for IIT Kanpur

Indian Institute of Technology, Kanpur, was established in the historical year of 1959. It is remembered as one of the very first foundational institutions established by the Government of India. The point of the Institute is to give significant schooling, to direct unique examinations of the best quality and to give authority in mechanical development.

Admission Process CAT score 
Fee 1.54 Lakhs (1st Year Fees)
Average Salary INR 11.02 LPA

MBA NIRF Ranking 2020 for IIM Udaipur

The college was established in 2011 and is ranked 17 in the MHRD-NIRF ranking 2020. The college is only a decade old but in terms of quality has only exceeded itself each year. AACSB accreditation, obtained by just 5 percent of the world's Business schools, perceives institutions that have shown an emphasis on greatness in all territories, including instructing, research, educational plans improvement, and understudy learning. The total fees for the MBA course is 9.6 Lakhs. The total seats allowed for this course in this college is 260.

Admission Process GMAT, GRE or CAT score
Fee 9.6 Lakhs
Average Salary INR 13.8 LPA

MBA NIRF Ranking 2020 for S. P. Jain Institute of Management and Research

SP Jain Institute of Management and Research (SPJIMR) is a private institution that was established in 1981. Despite being a part of Bharatiya Vidya Bhavan, SPJIMR functions as an independent institute with entrepreneurial ability. The institute is recognized by the University Grants Commission (UGC) and the All India Council of Technical Education (AICTE). SPJIMR has also been accredited by the National Board of Accreditation (NBA) and the Association of Advance Collegiate Schools of Business (AACSB International).

Admission Process GMAT and CAT Score
Fee 17.5 Lakhs (Total Fees)
Average Salary INR 26.36 LPA

MBA NIRF Ranking 2020 for IIM Raipur

Indian Institute of Management Raipur (IIMR) was constructed under the order of the Government of India, Ministry of Human Resource Development in 2010 at Raipur, the capital of Chhattisgarh. Chhattisgarh is one of the quickest developing conditions of India with its rich mineral, woodland, common, and neighbourhood assets. The total fees required to complete the course is 12.6 lakhs. The Government of Chhattisgarh has assigned more than 200 sections of land for the IIM Raipur grounds in Atal Nagar. The new grounds is a best in class grounds introducing a joyful blend of current engineering, culture, and legacy of Chhattisgarh.

Admission Process CAT score, WAT and PI
Fee 12.6 lakhs
Average Salary INR 15.20 LPA

MBA NIRF Ranking 2020 for IIM Ranchi

The ninth Indian Institute of Management also called IIM Ranchi was constructed at Ranchi in 2010. The whole project to construct the college in Ranchi was able to see the light of the day due to extensive support of the Indian Institute of Management Calcutta and the Government of Jharkhand, working under the guidance of the Ministry of HRD, Government of India. Currently ranked 20 in the MHRD-NIRF rankings 2020. The total MBA fee is 14 lakhs. IIM Ranchi presently offers a long-term MBA in General management, which is our lead program. Passing by the developing significance and imperativeness related to HR, we are the main IIM offering a full-time long-term program in Human Resources Management (MBA-HR).

Admission Process CAT Score, WAT, PI and Profile check 
Fee 14 lakhs
Average Salary INR. 15.11 LPA

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