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According to NIRF 2024, the top private MBA colleges in India are XLRI, MDI Gurgaon, and SIBM Pune.
XLRI holds number one position in private B-schools. (Image: XLRI)
In August, the National Institutional Ranking Framework (NIRF) 2024 rankings were released, offering vital information about the calibre and effectiveness of Indian higher education institutions. The Management rankings are among the most important categories for students seeking a Master of Business Administration (MBA) or a similar degree. These rankings help potential MBA candidates find the top universities to advance their careers and guarantee a top-notch education.
Top 10 Private Management Institutes in India (NIRF 2024)
Below is a list of India’s top 10 private management institutes, as per NIRF 2024 rankings. These institutions are renowned for their exceptional academic programmes, faculty, facilities, and career placements.
1. XLRI – Xavier School of Management (Jamshedpur, Jharkhand) – Rank 9
XLRI, located in Jamshedpur, Jharkhand, is one of the oldest and most prestigious private business schools in India. Established in 1949, it is run by the Society of Jesus (Jesuits) and has earned a strong reputation for academic excellence. XLRI secured the 9th position in the NIRF 2024 rankings and topped the IIRF 2023 rankings.
2. Management Development Institute (MDI) (Gurugram, Haryana) – Rank 11
MDI Gurgaon, founded in 1973, is one of India’s leading business schools offering a range of postgraduate and executive management programmes. Accredited by the AICTE, NBA, AACSB, and AMBA, it ranked 11th in the NIRF 2024 rankings and 2nd among private colleges in the IIRF 2023 rankings.
3. Symbiosis Institute of Business Management (SIBM) (Pune, Maharashtra) – Rank 13
Part of Symbiosis International (Deemed University), SIBM Pune was established in 1978 and is accredited with an A++ grade by NAAC. It provides postgraduate programmes in management and leadership and offers online courses in Marketing Analytics, Design Thinking, and Management Fundamentals. It ranked 13th in NIRF 2024.
4. S. P. Jain Institute of Management and Research (SPJIMR) (Mumbai, Maharashtra) – Rank 20
SPJIMR, established in 1981, is a part of Bharatiya Vidya Bhavan. The institute is accredited by AMBA, AACSB, and NBA, and approved by the AICTE. Located in Mumbai, it offers a range of postgraduate and doctoral programmes in management.
5. SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) (Mumbai, Maharashtra) – Rank 21
Established in 1981, NMIMS Mumbai is a deemed-to-be university approved by the UGC. It operates eight campuses across India and offers a wide variety of undergraduate and postgraduate programmes. In NIRF 2024, it ranked 21st in the management category.
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6. Amrita Vishwa Vidyapeetham (Coimbatore, Tamil Nadu) – Rank 28
Amrita University, based in Coimbatore, Tamil Nadu, operates seven campuses across southern India. Accredited with an A grade by the UGC, it offers a variety of programmes across multiple disciplines. In NIRF 2024, it ranked 28th in the management category.
7. Amity University (Gautam Budh Nagar, Uttar Pradesh) – Rank 29
Amity University, established in 2005, is a private research institution with a Grade A+ accreditation from NAAC. It provides over 300 courses across various disciplines. In NIRF 2024, it ranked 29th in the management category.
8. Mudra Institute of Communications (MICA) (Ahmedabad, Gujarat) – Rank 32
MICA, established in 1991, is a specialised business school focusing on strategic marketing and communication. As the only residential institute of its kind in the Asia-Pacific region, it ranked 32nd in NIRF 2024 and 8th in IIRF 2023.
9. Great Lakes Institute of Management (Chennai, Tamil Nadu) – Rank 34
Founded in 2004, Great Lakes Chennai is one of India’s top management institutes. Known for its LEED Platinum-rated 32-acre campus, it offers flagship programmes like PGPM/MBA and other management courses. It ranked 34th in NIRF 2024.
10. Chandigarh University (Mohali, Punjab) – Rank 36
Established in 2012, Chandigarh University has quickly risen in the ranks of higher education institutions. It offers a wide range of programmes, with its flagship MBA and B.Tech courses being particularly popular. It ranked 36th in NIRF 2024.
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