Careers360 - Think higher education! TOP 100 B-Schools: Clusters for your 'consideration set'

TOP 100 B-Schools: Clusters for your 'consideration set'
A listing of institutions for Career360's first ever B-School review and ranking exercise.
by B Mahesh Sarma
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Comment(s): 39

IN the November 2009 issue of Careers360 magazine, we did a detailed analysis on where existing B-School rankings go wrong. Now, we go a step further by segregating the top 100 institutes into clusters.

Table 1
Click on image for complete table

The positioning of B-Schools varies depending on the magazine that ranks them, and surprisingly even objective rankings differ. Life thus becomes difficult for a student when making decisions, since a Tier 1 school in one ranking is a Tier 3 in another.

But for a data-starved nation attempting to make decisions, existing rankings are all that they have.

So we picked up four major B-School rankings over a 5-year period and attempted to make a normalised list of schools that could make up the Top-100 schools in the country. Here's how the schools stack up alphabetically within clusters

Methodology
To arrive at a CLUSTER BASED grouping of leading Business Schools in India, we began by tabulating the B-School ranking of four magazines namely Business India (BI), Business Today (BT), Business World (BW) and Outlook (OL) for the period 2005 to 2009.

Table 2
Click on image for complete table

The 2009, BT and OL ranking are perception-based. On the other hand, the 2005-08, BI, BW and OL rank is based on objective parameters.

A total of 185 schools constituted the universe. From this set we short-listed those who appeared at least once in three rankings or two times in two rankings or three or more times in a single ranking.

We also eliminated institutions that were not ranked at all by any objective criterion (a threshold of A and above was maintained in case of BI ranking). By this methodology we short-listed 116 B-Schools. Another 18 schools, which appeared in universe, but did meet the criterion partially, were also included since we felt these institutions do have the potential to be in the Top-100 list (shown in green shade).

These institutions were then classified based on the following approximation: In any ranking the top 15% were grouped as Top, next 15-20% as Tier 1 (t1), next 25-30% as Tier 2 (t2) and the rest as Tier 3 (t3). Since a considerable number of B-Schools figured in multiple categories across years and rankings, we created a cusp category at each level there by grouping the 134 schools into eight categories in all.

Individual rankings and their corresponding levels
Magazine/Level	Top	Tier 1	Tier 2	Tier 3
Business India	1-15	16 - 50	51 - 75	76 - 125
Business World	1 - 15	16 - 30	31 - 60	61 - 100
Business Today	1 -7	8 -20	21 -30	-
Outlook (05-08)	1 - 15	16 - 30	31 - 50	-
Outlook 09	1 -15	16 -30	31 -50	51 -75

Potential Schools
IIT Madras (DoMS)	Chennai
Institute of Management Technology (IMT Nagpur)	Nagpur
Rajiv Gandhi Indian Institute of Management (RGIIM)	Shillong

Editor's Note
In addition to the 134 institutions in Table 2, we have also included the three institutions, listed alongside to make up the 137 institutions that form the consideration set for Careers360 ranking and review exercise. If any school, which is not listed above perceives to beunfairly excluded, it is welcome to e-mail us (editor@careers360.com). We will try to incorporate them, after a preliminary review.

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Published on: October 09, 2010
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39 Comments

Gaurav kumar gunjan | Jan 01, 2012

hello sir I am class 12th student. I am intrested in web designing course plz suggest me related college, fee etc.

arun kumar | Sep 14, 2011

plz cyber low k bare me batey thenk sir

chetan mahajan | Sep 07, 2011

sir please give me some information about the great talent contest for engineers which is going to be conducted by ibm

tushar | Aug 30, 2011

i am pursuing mba, which field is more appropriate with IT in specialization.like MRK, HR, FIN,

pradeep .d | Aug 22, 2011

sir i completed degree in b.com which college is join in m.b.a in andhrapradesh

anilgartan | Aug 14, 2011

i am a student of 11th (non medical),made enngenering.pleaze give me advice.

dheeraj panwar | Aug 01, 2011

sir I have passed 10th with 65%...very confuse to chouse subject for 11th class....tell me sugg about com. thanks.

ajay panwar | Aug 01, 2011

Sir, please tell me, which field is best after BCA with 72%(SIKKIM MANIPAL UNIVERSITY) and i want to do MBA..what is best for my future and tell me about other courses.

Bhimrav | Jul 20, 2011

No comment

Bhavesh patel | Jun 21, 2011

Sir my name ,BHAVESH .I want to join your school

Julissa | Jun 15, 2011

Kewl you should come up with that. Exlcelent!

Tarun | May 07, 2011

sir my name is tarun i am want to join petro or chemical engg. can i go this feild plz say about me......

manoj mehta | Apr 23, 2011

ITS A VERY HELPFULL MAGAZINE TO RISING A DAY WITH HOPE.

hasan | Apr 06, 2011

i m satisfied this ranking

kruthi u k | Mar 16, 2011

Hi.... i have got selected in two institutes IFIM and christ university.... please suggest me which one to go for.... i really liked IFIM because of the reviews about it and the faculty and the infrastructure...but people are suggesting me on christ due its name and fame till now.... i really dont know which one to opt for? please suggest me at the earliest as i need to make my admissions coming monday....it would be of great help....i would be really thankful to you guys.... please reply to my email id so that i get it soon....

TEJASWANI | Feb 24, 2011

FOR FULL YEAR SUBSCRIPTION OF MAGAZINE DETAILS LIKE: UNDER WHICH NAME DD IS TO BE MADE, DD AMOUNT , COURIER CHARGES IF ANY, ON WHICH ADDRESS TO BE SENT

kashi | Feb 15, 2011

the issue of november releted to education is very helpful for me

kashi | Feb 15, 2011

the issue of november releted to education is very helpful for me

kashi | Feb 15, 2011

the issue of november releted to education is very helpful for me

gopal kumar | Feb 08, 2011

i m working in mnc company.i want to take admission in top b-school.How i manage time for preparation.

MANISH LAMBA | Jan 27, 2011

Sir, please tell me, which field is best after B.Tech. with CSE ? Reply soon.

naveen ali | Jan 25, 2011

commarce k liye job batao na plsssssssssssssssss

dheeraj ranjan | Jan 11, 2011

i want to make my career in travel industry. i want toknow detail information about this industry & its job prospects in future.

ishan ali | Jan 01, 2011

i want to know the top clgs of m.b.a in delhi, noida and ghaziabad. My percentile in mat exam is 92.62 so whch clg is best for me

Sanjay Agrawal | Dec 29, 2010

Hell sir! How can be do pereparatiom for medical exam.

sajid | Sep 17, 2010

i am studying in b.tech 1st year. what i have got best job after my degree

rita | Aug 26, 2010

sir,iam pursuing bca from ignou.i want to whether i m eligible for p.o exams in bank.

B SAI NAVEEN | Aug 17, 2010

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shiva kumar | Aug 10, 2010

i completed my 10+2 with 60% percent i have confusing what i should do

|Careers360 | Jul 12, 2010

Dear Aman, please check this advisory on CAT: http://www.careers360.com/news/3169-Cracking-the-new-CAT-as-it-goes-online

aman kumar | Jul 10, 2010

hello sir,pls provide me some strategy 4 prepration of cat exam

Shashinath singh | Jun 05, 2010

Sir i have got 87.50 per in mat may sir plz tell me best college delhi&ncr region

NIPEN | Apr 02, 2010

Sir, Please tell me about NIILM-CMS. Is it a good option ?

Mohit rai | Mar 29, 2010

Respacted sir. Please Tell me About the Aims B School Banglore?

sonu kumar | Mar 11, 2010

i want top b-shcool from u.p.t.u.

vineet kumar | Mar 10, 2010

rspectaed sir. i want to know about skyline bussiness schooi gourgaon. beacouse i had join his gd pi session and before getting admission in this college pls. suggest me that i should take admiso in this college. vineet.

|NC | Jan 18, 2010

The institutes shaded in green in ‘clusters for your consideration‘, partially met the criterion for shortlisting leading management institutions in India, and are thus co-opted.