Top 10 IIMS In India Ranking Wise - NIRF Ranking 2023

The Indian Institutes of Management or IIMs are institutions of national importance that offer a number of business and managerial courses to students at UG, PG, executive and doctoral levels. The IIMs are government institutes that are recognised across the globe for their premier management education, stellar faculty and guest faculty and industrial connections.

This blog lists down all the IIMs of India ranked as per the latest management institutions rankings by NIRF released in 2023. The latest rankings of the IIMs in India have been formulated on the basis of a number of factors including their courses, the number of students enrolled at various levels of education, the number of doctoral fellows enrolled, the course facilities, curriculum, faculty profile, placements etc. at these institutions. 

Continue reading to find more about such essential details at the top IIMs of India. 

How Many IIMs Are There in India? 

The first IIMs were established in India by Pandit Jawaharlal Nehru in the early 1960s and have since been regarded as some of the nation’s most elite business schools. As of 2023, there are a total of 20 IIM campuses established in various cities of the nation.

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The first wave of establishment of the IIMs was during the 1960s to 1990s, with IIM Ahmedabad and IIM Calcutta being the first campuses to be established in 1961. During the 1960s to 1990s, a total of six campuses were established in India, which include:

IIM Ahmedabad	IIM Bangalore	IIM Kozhikode
IIM Calcutta	IIM Lucknow	IIM Indore

 The second wave of establishment of IIMs in India was during the period from 2007-2011, when 7 more campuses were established in India:

IIM Shillong	IIM Ranchi	IIM Kashipur
IIM Raipur	IIM Rohtak	IIM Udaipur
IIM Tiruchirappalli

The latest wave of establishment of IIMs was from 2015-2016 when the Government of India established 6 more IIMs in India, which included: 

IIM Amritsar	IIM Nagpur	IIM Sirmaur
IIM Bodh Gaya	IIM Sambalpur	IIM Jammu
IIM Visakhapatnam

These institutions are the youngest IIMs of India, providing holistic management education with innovative learning facilities. 

All IIM Campuses Ranked 

The Indian Institutes of Management are central institutions of higher education for management and business studies that are currently included in the list of institutions of national importance in India. Not only are IIMs among the top business schools of India but are also internationally recognised as being leading B-schools of the globe. 

The premier institutional ranking body of India, the NIRF, releases a comprehensively created list of the top HEIs of India each year, and the list being based on a number  of crucial criteria for ranking, gives a credible ranking of the eminent institutions of India. 

Given below is a ranking of all the IIMs of India on the basis of the NIRF 2023 rankings. The following ranks were awarded to the institutions in the Management Category. 

IIM College	Year of Establishment	NIRF Rank 2023
Indian Institute of Management, Ahmedabad (IIM-A)	1961	1
Indian Institute of Management, Bangalore (IIM-B)	1973	2
Indian Institute of Management, Kozhikode (IIM-K)	1996	3
Indian Institute of Management, Calcutta (IIMCal)	1961	4
Indian Institute of Management, Lucknow (IIML)	1984	6
Indian Institute of Management (IIM), Indore	1996	8
Indian Institute of Management Raipur (IIMR)	2010	11
Indian Institute of Management (IIM) Rohtak	2009	12
Indian Institute of Management (IIM) Udaipur	2011	16
Indian Institute of Management (IIM) Kashipur	2011	19
Indian Institute of Management Tiruchirappalli (IIM Trichy)	2011	22
Indian Institute of Management (IIM) Ranchi	2009	24
Indian Institute of Management (IIM), Shillong	2007	26
Indian Institute of Management (IIM) Visakhapatnam	2015	29
Indian Institute of Management Jammu (IIMJ)	2016	41
Indian Institute of Management (IIM) Nagpur	2015	43
Indian Institute of Management, Amritsar	2015	51
Indian Institute of Management Bodh Gaya	2015	53
Indian Institute of Management Sambalpur	2015	58
Indian Institute of Management Sirmaur	2015	98

Top 10 IIMs of India: Highlights

Provided below are key details of the top 10 IIMs in India as ranked by the NIRF in the 2023 Management category. 

1) Indian Institute of Management (IIM) Ahmedabad

Indian Institute of Management, Ahmedabad, or the prestigiously known IIM-A, is a name in management education regarded as highly in the international circles as it is in India. The nation’s top ranked business school, it was established by the Government of India in 1961 as part of the initiative of providing elite managerial and business education to students. IIM-A offers postgraduate and doctoral programs in addition to certification courses, executive courses etc. The PGPM at IIM-A is its flagship program. The institute has amenities for providing online courses to students who are unable to take up a regular degree. It has been ranked by the NIRF as number 1 management institution of India. 

Find a summary of IIM Ahmedabad details below. 

Year of Establishment	1961
College Accreditations	NIRF (Rank 1 in Management Category), EQUIS
Courses Offered	Post Graduate Programme in Management (PGPM) Ph.D. Programme in Management Post Graduate Programme in Food and Agri-business Management (PGPM-FABM) Post Graduate Programme in Management for Executives (PGPX) e-Mode Post Graduate Programme in Management (ePGP)  ePost Graduate Diploma in Advanced Business Analytics (ePGD-ABA) Faculty Development Programme (FDP) Armed Forces Programme (AFP)
Online Courses	Available
Scholarships & Financial Aid	Available

2) Indian Institute of Management, Bangalore (IIM-B)

IIM Bangalore was established in 1973 during the first wave of establishment of IIMs by the Government of India and it is the second top management institution of the country as of 2023 NIRF rankings. IIM-B offers PG degree courses, including its flagship course-PGPM, in addition to doctoral courses, pre-doctoral courses, fellowships and short-term and long-term certification courses. Online programs are also offered by IIM Bangalore that can be taken up by students in the hybrid and fully remote modes. IIM-B has provisions for scholarships and financial aid for needy students to enable a larger number of students to take the course up. 

Find more details about IIM-B below. 

Year of Establishment	1973
College Accreditations	NIRF (Rank 2 in Management Category), EQUIS
Courses Offered	Doctor of Philosophy (PhD) Post Graduate Program in Management (PGPM)  Post Graduate Program in Business Analytics (PGP-BA) Post Graduate Program in Management for Experienced Professionals (EPGPM) Post Graduate Program in Public Policy & Management (PGPPM) N. S. Ramaswamy Pre-doctoral Fellowship (NSR Pre-doc) Mahatma Gandhi National Fellowship Short-Duration Program in AI & ML Short-Duration Program in Business Analytics Short-Duration Program in Finance & Accounting  Short-Duration Program in Innovation & Design Thinking  Short-Duration Program in Leadership/HRM  Short-Duration Program in Operations  Short-Duration Program in Marketing  Short-Duration Program in Strategy & General Management  Long-Duration Certificate in General Management  Long-Duration Certificate in Sectoral General Management  Long-Duration Certificate in Business Analytics Long-Duration Certificate in Entrepreneurship  Long-Duration Certificate in Digitalization  Long-Duration Certificate in Technology & Management  Long-Duration Certificate in Operations & Supply Chain
Online Courses	Available
Scholarships & Financial Aid	Available

 3) Indian Institute of Management, Kozhikode (IIM-K) 

The Indian Institute of Management Kozhikode is a first generation IIM in Kerala that was established in 1996 and is the third best management institution of India. It has been accredited by the AACSB, EQUIS and is also a member of the AMBA. The programs offered at IIM-K include the flagship course-PGPM, a number of PG programs in domains related to finance, liberal studies, business leadership, management development programs etc. A number of PG degrees, certifications, executive courses as well as doctoral degrees and fellowships can be taken up from IIM-K in both the online and physical modes. IIM-K also has a prominent research focus, encouraging students to indulge in innovation. The institute also provides scholarships and financial aid to students. 

Find further details about IIM-K below. 

Year of Establishment	1996
College Accreditations	NIRF (Rank 3 in Management Category 2022), EQUIS, AACSB, AMBA
Courses Offered	Post Graduate Programme in Management (PGPM) Doctoral Programme in Management (PhD) Post Graduate Programme in Finance (PGP-Finance) Post Graduate Programme in Liberal Studies & Management (PGP-LSM) Post Graduate Programme in Business Leadership (PGP-BL) PhD in Management  Executive Post Graduate Programme - Interactive Learning Mode (EPGP) Management Development Programme-(MDP) Faculty Development Programme (FDP)
Online Courses	Available
Scholarships & Financial Aid	Available

4) Indian Institute of Management, Calcutta (IIMCal)

Along with IIM-A, the Indian Institute of Management Calcutta (IIMCal) was one of the first IIMs to be established in India in 1961. IIM-Cal is the fourth top management institution of India as ranked by the NIRF in 2023. It offers various courses pertaining to management such as MBA, Executive MBA, PG programs, development programs for managers, faculty etc. The institute, in addition to a stellar faculty profile and alumni, also has state of the art pedagogical tools and infrastructure. It offers courses in both the offline, regular modes and online modes. Students can take up executive programs and certifications from IIMCal. There are facilities for scholarships and financial support for fee payment as well. 

Enlisted below are a few key details about education at IIMCal. 

Year of Establishment	1961
College Accreditations	NIRF (Rank 4 in Management Category), AACSB
Courses Offered	Doctoral Programme in Management (Ph.D) Master of Business Administration (MBA) MBA for Executives (MBA-Ex) Post Graduate Program for Executives for Visionary Leadership in Management (PGPEx-VLM) Post Graduate Diploma in Business Analytics (PGDBA) Management Development Programmes (MDPs) Long Duration Programmes (LDPs) Master’s in International Management
Online Courses	Available
Scholarships & Financial Aid	Available

5) Indian Institute of Management, Lucknow (IIML)

Established in the capital of Uttar Pradesh in 1984, IIML is a well-regarded management institution and the sixth top b-school of India as per NIRF rankings of the “Management” category of 2023. It is also accredited by the AACSB and a member of AMBA. It offers postgraduate courses, including its flagship course–the PGPM along with fellowship and executive courses. In addition to providing rigorous training and managerial education to students, IIM-L is also well-known for its placement services that allow students to seek job positions in well-regarded firms and companies, with scope for career development. 

Find further details about IIM Lucknow. 

Year of Establishment	1984
College Accreditations	NIRF (Rank 6 in Management Category 2022), AACSB, AMBA
Courses Offered	Master of Business Administration Entrepreneurship and Innovation (MBA-E&I) Post Graduate Program in Management (PGPM) Post Graduate Programme in Agribusiness Management (PGP-ABM) Post Graduate Programme in Sustainable Management (PGP-SM) Post-Graduate Programme in Management for Working Executives (PGPWE) International Programme in Management for Executives (IPMX) Fellow Program in Management (FPM) Executive Fellow Programme in Management (EFPM) Mahatma Gandhi National Fellowship (MGNF)
Online Courses	Available
Scholarships & Financial Aid	Available

6) Indian Institute of Management (IIM), Indore

IIM Indore is another first generation IIM that was established in 1996 in Madhya Pradesh. Its major accreditations include those like AACSB approval, EQUIS recognition and the AMBA membership. It is India’s 8th top management institution based on NIRF rankings of 2023. The various courses available at IIM Indore include PG degree courses (including the PGPM course which is its flagship program), five-year integrated program in management, executive courses, development programs and fellow programs. IIM Indore also offers online certification courses to students through online learning platforms. Scholarships and facilities for financial aid are also extended by IIM Indore to enable larger managerial aspirants to pursue the course of their choice.  

Find key details about the courses and education at IIM Indore given below. 

Year of Establishment	1996
College Accreditations	NIRF (Rank 8 in Management Category 2022), AACSB, AMBA, EQUIS
Courses Offered	Post Graduate Programme in Management (PGP) Executive Post Graduate Programme in Management (EPGP) Five Year Integrated Programme in Management (IPM) Post Graduate Programme in Human Resource Management (PGP-HRM) Fellow Programme in Management (FPM) Executive Fellow Programme in Management (EFPM) Executive Fellow Programme in Management and Governance (EFPMG) Post Graduate Programme in Management for Working Executives (PGPMX)
Online Courses	Available
Scholarships & Financial Aid	Available

7) Indian Institute of Management Raipur (IIMR) 

The Indian Institute of Management Raipur is a second generation IIM established in 2010 by the Government of India in Chhattisgarh. IIM Raipur is approved by the AICTE for offering professional and technical courses. The major courses offered at IIMR include a PGP in management, executive PGP, executive courses in HRM, digital health etc. IIMR is renowned for its executive courses, and it has started extending its educational services to the online learning domain as well to enable students to pursue the courses remotely. Scholarships and financial aid is also available for students to support the financial expenses of their education. 

Find further details about IIM Raipur summarised below. 

Year of Establishment	2010
College Accreditations	AICTE, NIRF Rank 11 in Management Category (2023) etc.
Courses Offered	Post Graduate Programme (PGP) PhD Programme Executive Post Graduate Programme (ePGP) Executive Post Graduate- HRM Program Post-Graduate Programme in digital health (PGCPDH) Post Graduate Program in Management for Working Executives (PGPMWE)
Online Courses	Available
Scholarships & Financial Aid	Available

8) Indian Institute of Management (IIM) Rohtak 

Established in 2009, IIM Rohtak has emerged as one of the most prestigious IIM colleges to take up a management course from. It is ranked as the 12th top business school of India by the NIRF (2023) and is also a member of the prestigious AMBA. IIM Rohtak mainly offers students with PG programs in the form of certifications, degrees etc., executive courses, five year integrated courses, development programs for managers and a doctoral program in management. Online courses through MOOC platforms are also available to be pursued from IIM Rohtak. The institute has a wide industrial network for providing opportunities for professional exposure, training as well as placements after course completion. 

Further details about IIM Rohtak have been listed here. 

Year of Establishment	2009
College Accreditations	NIRF Rank 12 in Management Category (2023), AMBA
Courses Offered	Post Graduate Programme in Management (PGPM) Five-Year Integrated Programme in Management (IPM) Five-Year Integrated Programme in Law (IPL) Fellow Programme in Management (FPM) One Year Post Graduate Programme in Management for Executives (PGPx) Management Development Programmes (MDPs) Doctoral Program (Ph.D)
Online Courses	Available
Scholarships & Financial Aid	Available

9) Indian Institute of Management (IIM) Udaipur

IIM Udaipur was established in 2011 in Rajasthan as part of the second generation of IIMs in India. It has emerged as one of India's best IIMs, both for its academic rigor and industrial connections. It has been accredited by the prestigious international statutory- the AACSB and has been ranked by the NIRF in the top 20 management institutions of India as of 2023. The courses offered at IIM Udaipur include postgraduate degrees, executive courses, PG diplomas, summer programs, advanced PG programs as well as doctoral degrees. Additionally, online courses are also available at IIM Udaipur for students to take up virtually. 

Find further details about IIM Udaipur given here. 

Year of Establishment	2011
College Accreditations	AACSB, NIRF Rank 16 in Management Category (2023)
Courses Offered	Master of Business Administration (MBA) One Year MBA in Global Supply Chain Management (GSCM) One Year MBA program in Digital Enterprise Management (DEM) Post Graduate Diploma in Business Administration for Working Professionals  PhD Program Summer Program In Management (SPM)  Advanced Programme in Digital Product Management (DPM) Senior Management Programme (SMP)
Online Courses	Available
Scholarships & Financial Aid	Available

10) Indian Institute of Management (IIM) Kashipur

IIM Kashipur has been ranked among the top 20 business schools in India by the NIRF in 2023, and it is an AACSB-accredited institution. It was established in 2011 in Uttarakhand as a part of the second wave of establishment of IIMs in the nation. The offered courses in IIM Kashipur include an MBA program, an executive MBA and a Ph.D course. The industrial connect of IIM Kashipur is quite vast, which provides excellent placement opportunities to students in addition to ample industrial exposure. Online learning courses are also offered by the institute to enable a larger number of aspirants to pursue a management course from an IIM. 

Given below are further details about IIM Kashipur. 

Year of Establishment	2011
College Accreditations	NIRF Rank 19 in Management Category (2023), AACSB
Courses Offered	Doctor of Philosophy (PhD)  Master of Business Administration (MBA) Master of Business Administration in Business Analytics  Executive MBA (Analytics) Executive MBA (EMBA)
Online Courses	Available
Scholarships & Financial Aid	Available

Top Online Executive Programs Offered by IIMS

IIM Online Executive MBA	IIM Online Certificate In Digital Marketing and Analytics
IIM Online Certificate In Project Management	IIM Online Certificate In Data Science and Analytics
IIM Online Certificate In Financial Management	IIM Online Certificate In Advanced HR Management
IIM Online Certificate In Leadership & Management	IIM Online Certificate In Supply Chain
IIM Online Certificate In Operations	IIM Online Certificate In Financial Data Analytics

Why Go For an MBA? Top Distinguishing Features of IIMs

Over two lakhs students appear for the Common Admission Test or CAT each year to seek admissions in the top IIMs. The IIMs are unanimously agreed upon as being the premier line of B-schools in India for managerial and business studies. 

But what makes IIMs distinguished from the rest of the management institutions and business schools of India? Here are a few of the top factors that distinguish the IIMs as the premier management institutions of India. 

Historical Legacy in Management Education 

The IIMs were among the first business schools to be established in India, and if their history of successful ventures of innovation and success stories of alumni are artefacts to go by, then the IIMs have a historical legacy in providing elite education in management, business administration and other business studies. The first IIMs to be established in India were IIM Ahmedabad and IIM Calcutta, in 1961, on the basis of the then Planning Commission of India. Since then,  18 other campuses have been established in various cities of the nation to extend the same educational support to a larger number of managerial aspirants. 

So taking up a course from an IIM enables you to study at historically eminent institutions and associate with the prestigious name of an IIM.

Central Institutions of India for Management Studies

The IIMs are institutions affiliated to the central government of India,  and are well-renowned and accredited. Thus, any qualification from an IIM is not only completely reliable and credible but also regarded as highly prestigious, providing the necessary impetus to one's career. 

Comprehensive and Rigorous Academic Exposure

If the IIMs are the nation's most eminent business schools, it is because one of the central features of these institutions- a rigorous, comprehensive and all-round educational exposure. Education at an IIM enables a student to learn from multiple sources, including self-direction and hands-on learning and practical exposure, enabling students to develop their professional proficiency while developing a strong academic foundation of management. 

Mentorship and Guidance from Stellar Faculty

The faculty teaching the courses at IIMs includes the top management experts of India and abroad, subject matter experts and professionals with ample industrial experience in management. Studying in IIM gives a student the opportunity to interact with such minds in the profession and get guided and mentored by them. Such an opportunity opens up endless avenues of educational, research and professional ventures, which can be fundamental in carving out a successful career in management. 

Opportunity to Gain Access to Prestigious IIM Alumni

IIMs have a legacy of developing successful and eminent leaders and managers, and being a student of an IIM provides the opportunity of networking with the alumni of the institution as well as becoming a member of this much coveted and prestigious group.  The alumni status of an IIM can be crucial and helpful in paving the path to a successful managerial career. Moreover, being a member of the IIM alumni allows the graduate to effectively network with fellow IIM graduates and explore diverse career domains. 

Boost to One’s Career 

As already discussed, the all-round academic exposure, rigorous industrial training, faculty mentorship and alumni status of being an IIM graduate can be quite facilitating in exploring diverse managerial domains and getting placed at fairly compensated job roles. An IIM qualification can help a management professional escalate from an entry or middle level job to a top managerial position. Thus one of the major impetus for taking up a course from an IIM is the impact it creates on your portfolio and career in management.

Higher Compensation in Professional Domains 

Since IIMs are India’s most well-regarded institutions for management education, IIM alumni get a notable advantage in terms of career development and compensation. Graduates from IIM can explore career opportunities in middle to top managerial positions with fairly high compensation. On an average, IIM graduates, especially at the PG level, can commonly secure entry-level positions as highly paid as INR 20 LPA to INR 30 LPA. With such lucrative packages and perks that an IIM graduate can secure, the career advantage of pursuing a course from IIM is unparalleled. 

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Conclusion 

Thus, IIMs are the nation’s most prestigious and well-known business schools which offer a rigorous managerial education to students. Based on the rankings of NIRF in the management category (2023), students can make the right choice about the IIM course and campus to pursue it from. Various IIM campuses have various key strength arenas as well as unique academic offerings ranging from research and innovation to entrepreneurship. A student taking up a course from an IIM can explore career opportunities in top companies and enterprises.