New Delhi, August 12, 2024 — The Ministry of Education unveiled the National Institutional Ranking Framework (NIRF) Rankings 2024 on Monday, showcasing a broader spectrum of academic institutions across multiple disciplines. This year’s rankings have seen significant expansions, particularly in the Management and Pharmacy categories, where the number of ranked institutions has increased from 75 to 100 each.
Top Management Institutes in India
For the fifth consecutive year, the Indian Institute of Management (IIM) Ahmedabad has secured the top spot as the best management institute in India. Following closely are IIM Bangalore and IIM Kozhikode, which have been ranked second and third, respectively. Here is the list of the top 10 management colleges in India for 2024:
- Indian Institute of Management Ahmedabad
- Indian Institute of Management Bangalore
- Indian Institute of Management Kozhikode
- Indian Institute of Technology Delhi
- Indian Institute of Management Calcutta
- Indian Institute of Management Mumbai
- Indian Institute of Management Lucknow
- Indian Institute of Management Indore
- XLRI – Xavier School of Management
- Indian Institute of Technology Bombay
Expanded and New Categories in NIRF 2024
In addition to the established categories, the 2024 rankings introduce new sections, including state public universities, with the top 50 ranked and an additional 50 in the rank band of 51-100. Notably, the open universities and skill universities categories feature only three ranked institutions. The innovation institutions category includes 10 ranked institutions, with another 40 falling into the 11-50 rank band.
Disciplines such as Architecture & Planning, Law, Medical, Dental, Research Institutions, and Agriculture & Allied Sectors now feature 40 to 50 ranked institutions each, reflecting the growing emphasis on these fields in India.
Enhanced Accuracy and Data Integrity
The NIRF Team has employed triangulation methods to enhance the accuracy of the rankings, consulting with institutions to identify and correct any data discrepancies. This meticulous approach has significantly reduced data inflation, allowing for the refinement of ranking parameters and metrics. Third-party sources such as Scopus, Web of Science, and Derwent Innovation have provided additional data on publications, citations, and patents, ensuring transparency and reliability.
Ranking Parameters
The NIRF Rankings are based on five key parameters:
- Teaching, Learning, and Resources (TLR)
- Research and Professional Practice (RP)
- Graduation Outcome (GO)
- Outreach and Inclusivity (OI)
- Perception (PR)
Publicly funded institutions, including CFTIs and centrally funded universities, continue to dominate the top ranks across most categories. However, state and privately funded institutions have also made a strong showing, featuring prominently within the top 100 across various domains.
