Indian business schools (B-Schools) such as the IIMs (Indian Institute of Management) at Ahmedabad, Bangalore, Calcutta, XLRI are world famous for the quality of students it churns out year on year. IIMs have historically the highest number of students who become enterpreneurs in their professional life. The demand for these B-School students has consistently grown over a period of last few years.
These are the schools that are generally regarded as the top B-Schools in India (in no particular order):
1. Indian Institute of Management, Ahmedabad (IIM A)
Regarded to be the best of the best business schools in India, IIM Ahmedabad. offers four programmes in Management. The PGP – Post Graduate Program (equivalent to MBA), the FPM – Fellowship Program in Management(equivalent to Ph.D), the FDP – Faculty Development Program for Management teachers and Trainers and the MDP – Management Development Program – a refresher for middle and top level managers.
2. Indian Institute of Management, Calcutta (IIM C)
The oldest of the IIMs, established in Kolkatta, IIM Calcutta is amongst the top three B schools in India. The institute offers three full time programs. The PGDM – Post Graduate Program in Management (equivalent to MBA), the FPM – Fellowship Program in Management, the PGDCM – Post Graduate Diploma in Computer Aided Management. The institute also offer part time PGDBM – Post Graduate Diploma in Business Management for managers with relevant work experience. In addition, MDP – Management Development Programs are held in regular intervals for middle and top level managers.
3. Indian Institute of Management, Bangalore (IIM B)
IIM Bangalore offers two year full time PGP – Post Graduate Program in Management (equivalent to MBA) and a FPM – Fellowship Program in Management. Both these programs require the candidate to take CAT. The institute also offers part time non residential PGSM – Post Graduate Program in Software Enterprise Management. There is a separate entrance test for this program. This business school is ranked amongst the top three business schools in the country.
4. Indian Institute of Management, Lucknow (IIM L)
IIM Lucknow offers a two year full time residential PGP – Post Graduate Program in Management and a four year FPM program. Both these programs require a candidate to take CAT. The institute also has an interesting student exchange program where students of this B-School go to premier B-Schools the world over and do part of their education. Students and faculty from these internationally reputed B-Schools in turn visit IIM Lucknow. It is ranked amongst the top five B-Schools in India.
5. XLRI – Xavier Labour Research Institute, Jamshedpur
Xavier Labour Research Institute, popularly known as XLRI was established in 1949 at Jamshedpur. The institute offers two courses at the post graduation level in management – a post graduate diploma in Business administration and a post graduate diploma in Personnel Management and Industrial Relations (PMIR). Online version of the brochure is also available.
6. ISB – Indian School of Business, Hyderabad
Indian School of Business, Hyderabad is emerging as a preferred choice for MBA aspirants who want to pack in the program into a one year course. As it gradually builds up its permanent faculty base, the ISB has created a unique and sustainable visiting faculty model with some of the world’s leading academicians from Wharton, Kellogg, Harvard, Stanford, Chicago, Duke and Texas among others. The school offers a one year Post Graduate Program in Management.
7. FMS – Faculty of Management Studies, University of Delhi
FMS is amongst the top 10 B-Schools in the country and probably one of the two attached to a university amongst the top ten. The full time program of FMS started in 1967. Generally the demand for students is very high where most of the times students being placed within a day or two.
8. Indian Institute of Management, Indore (IIM I)
The Indian Institute of Management, Indore (IIMI) is the latest addition to the IIM community. IIMI has a two-year post graduate programme emphasizing on Experiential learning, IT orientation, and Social Sensitivity. IIM-I offers the following programs viz., (a) The Post Graduate Programme (PGP), a two year programme (b) Management Development Programme. These are held throughout the year. (c) Faculty Development Programme (FDP) is designed to assist in the development of teachers, researchers, and trainers for management education and (d) Executive Post-Graduate Programme (Exe-PGP) a 18-months programme, designed for working executives.
9. Indian Institute of Management, Calicut (IIM K – Kozhikode)
Established in 1996, The Indian Institute of Management Kozhikode, IIMK is the fifth Indian Institute of Management. Its academic programmes encompass a range of long term full time diploma programmes such as the Post Graduate Programme in Management, and a number of short duration executive education programmes. The institute also offers an “Interactive Distance Learning Programme”
10. Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)
The Jamnalal Bajaj Institute of Management Studies, (JBIMS) was established by the University of Bombay in 1965 in collaboration with the Graduate School of Business, Stanford University with the objective of pioneering and furthering post – graduate management education in India. JBIMS has been ranked in Asia’s Top 25 business schools by Asia Inc.