India Today, in collaboration with MDRA, announced a list of top business schools in cosmopolitan cities of India. The top 3 colleges in each city were decided based on a detailed and elaborate survey conducted by a Delhi-based market research firm, Marketing & Development Research Associates (MDRA). MDRA conducted this extensive survey keeping in mind various parameters and eligibility criteria for business schools. Here are the top 3 MBA colleges in Delhi-NCR, Mumbai, Kolkata, Chennai, and Bangalore.
In Delhi NCR: Management Development institute ranked 1 in the top 3 B-schools in the national capital of Delhi-NCR. Faculty of Management Studies, University of Delhi as well as Indian institute of Foreign Trade ranked 2 and 3 respectively in the Delhi-NCR region.
In Mumbai: S.P. Jain Institute of Management & research secured rank in the list of top3 B-schools in the city of Mumbai. SVKM’s NMIMS, School of Business Management secured rank 2 among other B-schools in the financial capital. National Institute of Industrial Engineering ranked 3 in the top-3 list.
In Kolkata: Indian Institute of management is the top business school in the city of Kolkata. According to the list released by India Today, the Institute of Engineering & Management ranked 2 in the city whereas Techno Main Salt Lake ranked 3 in the top-3 list. In the southern region of the country, top 3 B-schools in two cities – Chennai and Bengaluru have been declared.
In Chennai: Great Lakes Institute of Management in Chennai has ranked 1 in the top 3 list. Loyola Institute of Business Administration and SRM School of Management have ranked 2 and 3 respectively in the southern city.
In Banglore: In Bangalore, the Indian Institute of Management (IIM), has ranked first whereas SVKM’s Narsee Monjee Institute of Management Studies has ranked 2 in the city. Prin. L.N. Welingkar Institute of Management Development & Research has secured rank 3 in the top-3 list.
Apart from the city-wise top 3 list, India Today has also released a list of top 10 business schools in the country and a list of top -5 business schools in the 4 regions of the country.
Top 3 B schools in each of the four cities were decided by considering 5 important parameters- selection process, governance and establishment, learning experience, living experience, future orientation and placement performance. B-schools were also expected to abide by certain eligibility criteria suggested by MDRA. They must offer fulltime classroom management programmes, must have been established at least 5 years ago completing a minimum of 3 graduating batches, etc. The survey saw more than 2,500 B-schools eligible to be ranked based on the criteria and parameters decided.