India's performance has notably improved in the 2024 FT MiM ranking, with 14 Indian institutes making it to the top 100, up from 11 in 2023. This year, three Indian business schools have made it to the top 50, compared to just two last year.
Financial Times Masters in Management (FT MiM) Global Ranking 2024: In a remarkable achievement for Indian higher education, three Indian management institutes have secured positions within the top 50 of the Financial Times Masters in Management (FT MiM) Global Ranking 2024. Bharatiya Vidya Bhavan’s SP Jain Institute of Management and Research (SPJIMR) has climbed to 35th place globally, advancing five spots from the previous year. The Indian Institute of Management, Ahmedabad (IIMA) has achieved 39th place, also climbing five spots, while the Indian Institute of Management, Bangalore (IIMB) holds the 41st position.
India's performance has notably improved in the 2024 FT MiM ranking, with 14 Indian institutes making it to the top 100, up from 11 in 2023. This year, three Indian business schools have made it to the top 50, compared to just two last year.
Top 10 FT MiM Global Rankings 2024
1. University of St. Gallen (Switzerland)
2. HEC Paris (France)
3. INSEAD (France)
4. ESSEC Business School (France)
5. ESCP Business School (France)
6. EADA Business School Barcelona (Spain)
7. Universität Mannheim (Germany)
8. Universität Frankfurt (Germany)
9. Universidad de Deusto (Spain)
10. Università Bocconi (Italy)
French institutions have dominated the top 10, with six schools securing spots, while a total of 24 French institutes are featured in the top 100. In contrast, Chinese representation is limited, with only two institutions making the list: Shanghai Jiao Tong University's Antai and Tongji University's School of Economics and Management.
FT MiM Ranking 2024: Top Management Institutes in India
| Institute | FT MiM Ranking 2024 |
|---|---|
| SP Jain Institute of Management & Research (SPJIMR) | 35 |
| Indian Institute of Management Ahmedabad (IIMA) | 39 |
| Indian Institute of Management Bangalore (IIMB) | 41 |
| Indian Institute of Management Lucknow (IIML) | 55 |
| Indian Institute of Management Calcutta (IIMC) | 56 |
| XLRI-Xavier School of Management | 65 |
| Indian Institute of Management Kozhikode (IIMK) | 68 |
| SCMHRD | 76 |
| Indian Institute of Management Udaipur (IIMU) | 81 |
| Indian Institute of Management Indore (IIMI) | 83 |
| Management Development Institute Gurgaon (MDI) | 85 |
| International Management Institute New Delhi (IMI) | 86 |
| NMIMS Mumbai, School of Business Management | 94 |
| Institute of Management Technology, Ghaziabad (IMT) | 97 |
This achievement underscores the growing global recognition of Indian management education and highlights the increasing competitiveness of Indian business schools on the international stage.
Q: What is the rank of IIM Bangalore for MBA?
IIM Bangalore is a prestigious management institute in India. It has been ranked by QS World University Ranking 2024 at 31st under the Masters in Management category. Tabulated below is the list of ranks awarded to IIM Bangalore by various national and international ranking bodies:
Ranking Body |
Category |
Ranking |
|---|---|---|
FT Global MBA Rankings 2024 |
India (MBA) |
3 |
QS World University Ranking 2024 |
Masters in Management |
31 |
FT Global MBA Rankings 2024 |
Global (MBA) |
47 |
NIRF 2023 |
Management |
2 |
| Outlook Ranking 2023 | India’s Top Public MBA Institutions | 2 |
Business Today 2023 |
MBA |
3 |
| FT Global MBA Rankings 2023 | Global MBA | 52 |
QS World University Ranking 2023 |
Subject-wise |
61 |
To know more about the IIM Bangalore rankings, candidates can click here.
Q: Is IIM Ahmedabad ranked well for MBA?
Internationally, IIMA has been ranked 29 by the QS Masters in Management Rankings (MBA) and 44 by the QS Global MBA Rankings. Nationally, IIM Ahmedabad ranks 1 by the NIRF 2022 and The Week 2022. IIM Ahmedabad, being an elite Management institute, has received several international and national rankings in recent years. A few top accolades received by IIMA are enlisted below:
International Ranking Authority |
2021 Ranking |
2022 Ranking |
2023 Ranking |
|---|---|---|---|
QS Masters in Management Rankings (MBA) |
31 |
29 |
29 |
QS Global MBA Rankings (MBA-PGPX) |
50 |
46 |
44 |
Financial Times Global MBA Ranking (MBA-PGPX) |
48 |
62 |
To be announced |
National Ranking Authority |
2021 Ranking |
2022 Ranking |
2023 Ranking |
NIRF (Management category) |
1 |
1 |
1 |
Businessworld |
1 |
1 |
- |
The Week |
1 |
1 |
- |
Business Today |
2 |
2 |
- |
Q: Why is SPJIMR ranked 34 on NIRF?
SPJIMR is not ranked 34 by NIRF. The college is ranked 20th by NIRF (National Institutional Ranking Framework) 2023 under the Management category. This ranking the college has received is due to its good scores in ranking parameters which involves Sanctioned (Approved) Intake, Placement & Higher Studies, Faculty Details, and others.
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