Pune: Xavier School of Management (XLRI), Jamshedpur has topped the non-IIMs India’s Best Business Schools – 2017 Ranking, first time launched by Dalal Street Investment Journal (DSIJ), India’s oldest investment fortnightly magazine. Faculty of Management Studies University of Delhi (FMS), New Delhi and Management Development Institute (MDI), Gurgaon jointly grab the second position in the ranking list.

DSIJ informed that India’s Best Business Schools – 2017 Ranking list is prepared on various factors such as fees, placements, location, inclination towards entrepreneurship, development programmes, faculty education, average packages offered during placement drives, and the ability of the schools to engage students in research, etc.

However, the ranking list does not include institutions under the umbrella of the Indian Institute of Management (IIMs). The intention of the DSIJ Ranking is to access the B-schools other than IIMs. DSIJ informed that the Indian Institutes of Management still remain a top notch business school of the country.

SP Jain Institute of Management & Research (SPJIMR), Mumbai (3) and Department of Management Studies (IIT Delhi), Delhi (4) and Narsee Monjee Institute of Management Studies (NMIMS), Mumbai (4) and International Management Institute (IMI), New Delhi (5) and National Institute of Industrial Engineering (NITIE) (5) are in the top five B-School list. The other non-IIMs management schools who are in the top ten are as followed: Indian Institute of Foreign Trade (IIFT), New Delhi (6), and Shailesh J. Mehta School of Management, IIT Bombay (7), Symbiosis Institute of Business Management (SIBM) (8), Institute of Management Technology (IMT) (9), and Xavier Institute of Management (XIMB), Bhubaneswar (10).

Managing Director of DSIJ Pvt Ltd, Rajesh V Padode said, “Business Schools play a vital role in preparing our youngsters to take on the challenges waiting for them in the corporate world. Our current supplement on India’s Best Business Schools gives an insight into this space and guides the to be managers of tomorrow on the various school options they have and how they rank amongst themselves, as of today.”

Top 20 Business Schools (non IIMs) as per DSIJ-India’s Best Business Schools – 2017 Ranking

1  Xavier School of Management (XLRI)  Jamshedpur

2  Faculty of Management Studies University of Delhi (FMS)        New Delhi

2 Management Development Institute (MDI)     Gurgaon

3 S. P. Jain Institute of Management & Research (SPJIMR)            Mumbai

4 Department of Management Studies (IIT Delhi)             Delhi

4 Narsee Monjee Institute of Management Studies (NMIMS)    Mumbai

5 International Management Institute (IMI)        New Delhi

5 National Institute of Industrial Engineering (NITIE)        Mumbai

6 Indian Institute of Foreign Trade (IIFT)                New Delhi

7 Shailesh J. Mehta School of Management IIT Bombay Mumbai

8 Symbiosis Institute of Business Management (SIBM)   Pune

9 Institute of Management Technology (IMT)     Ghaziabad

10 Xavier Institute of Management (XIMB)          Bhubaneswar

11 Great Lakes Institute of Management              Chennai

12 T. A. Pai Management Institute (TAPMI)         Manipal

13 Jamnalal Bajaj Institute of Management Studies (JBIMS)         Mumbai

14 Symbiosis Centre for Management and Human Resource Development (SCMHRD)    Pune

15 Vinod Gupta School Of Management, IIT Kharagpur (VGSoM)              Kharagpur

16 Institute of Management, Nirma University   Ahmedabad

16 Prin. L.N. Welingkar Institute of Management Development & Research         Mumbai

17 Goa Institute of Management (GIM)                Goa

18 K. J. Somaiya Institute of Management Studies and Research (SIMSR)              Mumbai

19 Birla Institute of Management Technology (BIMTECH)              Greater Noida

20 Institute of Rural Management (IRMA)            Anand