Indian Institute of Management, Ahmedabad is the best management institute in the country as per the National Institutional Ranking Framework Rankings (NIRF) India Rankings 2020 of the Ministry of Human Resource Development (MHRD).
IIM Bangalore took the second spot while IIM Calcutta was in the third position in this year's NIRF India Rankings in the management category.
Also read: NIRF India Rankings 2020 announced by MHRD
Initiated by MHRD, the framework uses several parameters for its ranking like Teaching, Learning, and Resources (TLR), Research and Professional Practices (RP), Graduation Outcomes (GO), Outreach and Inclusivity (OI) and Perception (PR). Institutions across the country are divided into nine different categories.
There is a proposal to link the funding of institutes across India to their NIRF Rankings. Further, MHRD may also make it mandatory for all partially or totally funded educational institutes to take part in NIRF every year.
A total of 75 institutes have been ranked in the NIRF India Rankings 2020 under the management category.
IIM Ahmedabad has topped the management list in 2017 and 2018. Every year almost 2,40,000 applicants write the Common Admission Test (CAT) with an aspiration to get admission into business schools like IIM Ahmedabad.
Another strong contender for the top spot has been IIM Bangalore that had topped the management rankings in NIRF India Rankings 2019.
Here are the top 10 management institutes as per this year's ranking:
IIM Ahmedabad
IIM Bangalore
IIM Calcutta
IIM Lucknow
IIT Kharagpur
IIM Kozhikode
IIM Indore
IIT Delhi
Xavier Labour Relations Institute (XLRI), Jamshedpur
Management Development Institute, Gurugram
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
