Archive · 25 Nov 2025
IIM Ahmedabad Tops BT-MDRA Best B-Schools Ranking
IIM Ahmedabad has been ranked the best business school in India according to the BT-MDRA India’s Best B-Schools Ranking.
IIM Calcutta came in second, followed by IIM Lucknow, SP Jain Institute of Management and Research, and IIM Indore.
Out of the top 10, six are government-owned IIMs and four are privately-owned.
The ranking also highlights concerns about the rising fees and the return on investment for B-school degrees.
It also notes a shift towards continuous education and lists the best online courses and executive education offerings.
The overall state of management education in India is considered good, but there is a need for institutions to update their curricula to reflect changing realities.
The challenge for Indian B-schools is to become global and prepare business leaders for a volatile geopolitical landscape.
IIM Ahmedabad ranked first, IIM Calcutta second in the BT-MDRA India’s Best B-Schools Ranking.
Top five includes IIM Lucknow, SP Jain Institute of Management and Research, and IIM Indore.
Six government-owned IIMs and four privately-owned B-schools in the top 10.
Concerns about rising fees and return on investment for B-school degrees.
Shift towards continuous education with listings for best online courses and executive education offerings.
- Who
- IIM Ahmedabad, IIM Calcutta, IIM Lucknow, SP Jain Institute of Management and Research, IIM Indore, and other participating B-schools
- What
- BT-MDRA India’s Best B-Schools Ranking
- When
- Not specified
- Where
- India
- Why
- To evaluate and rank business schools based on various performance metrics and to examine the state of management education in India
- Top Ranked B-School
- IIM Ahmedabad
- Second Ranked B-School
- IIM Calcutta
- Third Ranked B-School
- IIM Lucknow
- Fourth Ranked B-School
- SP Jain Institute of Management and Research
- Fifth Ranked B-School
- IIM Indore
- Total Participating B-Schools
- 270
- Difference Between Top Two
- 0.6 points
- Government-Owned IIMs in Top 10
- 6
- Privately-Owned B-Schools in Top 10
- 4
- Total Recognized B-Schools in India
- 3,540
- Fee Increase in Top-Tier Schools
- 23% in the past five years
- Intake Capacity of Indian B-Schools
- 475,000