B School Survey 2024 – Beyond IIMs - Top 100 Business Schools in India
Management education in India is undergoing a transformational overhaul as the country’s economy is growing rapidly and the need for managerial skills is increasingly felt. Such a transformation is defined by a number of distinctive features and figures that show the changing shape of the managerial education in the country. Firstly, there has been a great rise in the number of management institutions and courses available to the students in the country. There are more than 5,000 management schools in the country which are providing different programs viz. undergraduate, postgraduate and doctoral degrees in management. This proliferation of institutions clearly testifies the increasing popularity and ease of access to management education in India.
Management programs have experienced an appreciable surge in the number of students enrolling in them. This spike in enrollment is a clear evidence of a high demand for management education among Indian students who want to improve their employability opportunities and competencies to be successful entrepreneurs. In addition, there is a rising trend in management education where quality and accreditation play a role. Accreditation bodies like NBA and AIU are the backbone for ensuring management institutions conform to standards of excellence in areas of curriculum, faculty, infrastructure and governance.
Moreover, in India there is a transition underway of management education towards experiential learning and industry integration. The business schools are joining hands with the industry to provide the students with a platform for internships, live projects, as well as executive education programs which are interactive and give practical exposure to the students in the real-world business challenges. As per a latest study, almost 80 percent of management students have done internships or industry projects as part of their coursework in India. These developments are a testament to the process of growth, improvement of quality, integration with industry, and technological innovation. The Indian management institutions are primed to take up leadership in the transformation of business management and innovation in the country as the business landscape is changing.
To help students and professionals find the best business schools, Higher Education Review presents its annual special issue - B School Survey 2024 – Beyond IIMs - Top 100 Business Schools in India. The colleges have been selected after careful consideration of five crucial aspects: a) the quality of faculty, research and publications, b) establishment and approvals, c) current students and admissions, d) infrastructure and facilities, and e) placement and salary statistics. The selection methodology for shortlisting the top 100 business schools involved calculating the average of the scores in all the five parameters. The final scores were then compared to settle on the business schools that excel across multiple criteria, ensuring a comprehensive evaluation process.
