Best Business-Schools of India

It all began with the shortlisting of 136 institutions, identified from the last five years' rankings conducted by four magazines. We wrote to each B-School, requesting them to participate in our review and ranking exercise.

56 institutions expressed interest in participating in the survey. Two institutions allowed us to review them, but explicitly refused to participate in the rankings (MICA, TISS). We did rank them based on available data, since we believed the students must know where they stand.

The process was two-fold. We visited each institute, with an express intention to review* the campus, the kind of facilities available, the resources, faculty etc, and also to check/ verify the avaiable data. We interacted with the head of the institution, faculty, staff and the students out of the 54 institutions we visited, 12 institutions did not provide data, so they were left out of the rankings.

We also have attempted to rank the top 12 institutions based on their annual reports, mandatory disclosures, and in some cases, publically available data. We also weeded out or normalised unsubstantiated claims made by some institutes by veryfying them with the data submitted to relevant authorities like AICTE, UGC and the Ministry of HRD. Data found incommensurate with the supporting documents was suitably corrected.

The data finally gathered was processed on the basis of the following criteria. Each data set has been normalised in relation to either the student body or with the core faculty. The data has been evaluated on the basis of three parameters namely Input, Process and Output, with weights for component parameters as given.