According to the Rankings released on CNBC TV 18 today, Indian Institute of Management, Ahmedabad (IIM A) has been crowned as India's # 1 B-school. Indian Institute of Management, Bangalore (IIM B) and Indian Institute of Management, Lucknow (IIM L) has been ranked as the # 2 & # 3 B-schools in India.

Delhi NCR bases Management Development Institute (MDI) has edged out a few IIMs and other top B-schools to claim the # 4 position.

In a first of its kind research and analysis, the 'A of B Ranking' survey looks at three different viewpoints to present the complete 360 degree picture on which are India's leading B-schools. The first and most important is a rigorous data-driven analysis using information and data directly from IIMs and other 90+ B-schools. This data was analyzed by global research agency TNS to prepare a Quantitative Ranking of India's Top B-schools. 

Also, since perceptions of Recruiter's and management community matter too, perception data on India's Top B-schools is also analysed. Over 5,000 stakeholders participated in this perception poll on MBAUniverse.com. The perception data was also analyzed by TNS. The perception data analysis offers a lot of interesting trends.

Going by the Quantitative Survey, while IIM A, IIM B, IIM L and MDI are top 4 B-schools, Jamshedpur based Xavier's Labour Relations Institute (XLRI) complete the prestigious top-5 slots. Indian Institute of Management, Calcutta (IIM C) is ranked at # 6. The real surprise in the Quantitative Rankings comes in from New Delhi based International Management Institute (IMI) which is ranked at # 8. See quantitative survey ranking table below:

India's Best B-schools 'A of B Rankings': Quantitative Rankings

   1. Indian Institute of Management, Ahmedabad

   2. Indian Institute if Management, Bangalore

   3. Indian Institute of Management, Lucknow

   4. Management Development Institute, Gurgaon

   5. Xavier Labour Relation Institute School of Management, (XLRI) Jamshedpur

   6. Indian Institute of Management, Kolkata

   7. Bhavan's S. P. Jain Institute of Management & Research, Mumbai

   8. International Management Institute, Delhi

   9. Shailesh J. Mehta School of Management, (IIT) Mumbai

  10. Jamnalal Bajaj Institute of Management Studies, Mumbai

The Quantitative Survey sought detailed inputs from Directors and Deans on three key parameters via a 30+ pages rigorous questionnaire: a) quality of talen ... more