Article: NHRDN Best B-schools 2015: Ranks 26-50


NHRDN Best B-schools 2015: Ranks 26-50

A snapshot of the schools with ranks 26-50 in the 3rd edition of the NHRDN-People Matters B-school Ranking 2015
NHRDN Best B-schools 2015: Ranks 26-50

Lal Bahadur Shastri Institute of Management, New Delhi

Rank: 26
Established: 1995
Top-scoring parameters:  Leadership & Governance, Student Profile, Alumni Strenth, Corporate Connectedness
Differentiator: Emphasis on self-learning and excellent campus facilities

Located in Dwarka, Delhi, Lal Bahadur Shastri Institute of Management was established by Lal Bahadur Shastri Educational Society. Apart from the regular PGDM courses and executive programs, it also has NSE Certified Capital Market Professional Course, LBS Entrepreneurial and Incubation Center and LBS Risk Management Centre. LBSIM has established a Bloomberg Finance Lab. It is one of the few business schools in the country to offer training and research in most advanced areas in finance. With over 180 students participating in 2014 placements, 84 companies made 259 job offers. The recruitment seasons saw the debut of at least 27 new companies.

Institute for Financial Management and Research (IFMR), Chennai

Rank: 27
Established: 1970
Top-scoring parameters: Leadership & Governance, Infrastructure, Corporate Connectedness, Alumni Strength
Differentiator: Leading knowledge research centre in finance and applied economics

Located in the southern city of Chennai, IFMR wants to be counted as among the Top 10 B-schools in the country and also become one of the leading and knowledge research centres in Asia in Finance and Applied Economics. It is a non-profit organization guided by a Board of Governors comprising leaders of major companies in India such as N. Vaghul, ex-Chairman, ICICI Bank; R. Seshasayee, Executive Vice Chairman, Ashok Leyland; D. Sundaram, Vice Chairman & MD, TVS Capital Funds; Rajiv Lall, MD & CEO, IDFC and others. The Finance Secretary of Tamil Nadu, and the Vice- Chancellor of the University of Madras are ex-officio board members. The PGDM program at IFMR offers a unique blend of practical and theoretical knowledge. The B-school also offers a three-year part-time PGDM program and executive training programs.

Sydenham Institute of Management Studies & Research & Entrepreneurship (SIMSREE), Mumbai

Rank: 28
Established: 1983
Top-scoring parameters: Leadership & Governance, Student Profile, Infrastructure
Differentiator: Practical teaching through simulated business environments

More than 30 years after inception, it continues to be one of the most sought-after B-schools in the country as it offers the best return on investment for an MBA as it is one of the least expensive B-schools in India. Apart from the regular management courses, it also offers a two-year full-time Postgraduate Diploma in Business Management (PGDBM) course approved by AICTE. This is the only fully autonomous management program offered by the Maharashtra government and run exclusively by and at SIMSREE. In 2014, 161 students out of 180 sought placements. The highest salary was Rs 15 lakh, whereas the average salary was Rs 10.08 lakh. A total of 180 students are admitted every year as per the guidelines prescribed by the University of Mumbai.

Xavier Institute of Social Service, Ranchi

Rank: 29
Established: 1955
Top-scoring parameters: Leadership & Governance, Corporate Connectedness, Infrastructure
Differentiator: Building sustainable development plans

A Jesuit-run business school in Ranchi, it was established as a center for social service at St. Xavier’s College there. In 1973, it was registered as a separate educational society under the Societies Registration Act. In 1978, it moved to its present site and has since grown by leaps and bounds. XISS anounced that it received a record-breaking response to the admissions for the 2014-16 batch from 27 States/Union Territories. It is mandatory for students of Postgraduate Diploma in Human Resource Management and Postgraduate Diploma in Management in Information Technology to undertake social service field work. They voluntarily keep themselves engaged in their first-year course with reputed humanitarian organizations in Ranchi.

Indian Institute of Forest Management, Bhopal

Rank: 30
Established: 1982
Top-scoring parameters: Leadership & Governance, Infrastructure, Corporate Connectedness
Differentiator: Sole institute to meet managerial needs of India’s forestry department’s curriculum

With a sprawling campus in Bhopal, this autonomous institution was established by the Ministry of Environment and Forests with financial assistance from the Swedish International Development Cooperation Agency (SIDA) and course assistance from the Indian Institute of Management Ahmedabad. The pedagogy is a combination of practical knowledge with learning. In December 2014, the Ministry of Environment and Forests has entrusted the institute with the task of steering the process to revise the national forest policy (NFP), only the third such after earlier ones in 1952 and 1988. IIFM also conducted a valuation study of six tiger reserves and placed their value at Rs 1,40,900 crore.

Symbiosis Centre for Information Technology, Pune

Rank: 31
Established: 1999
Top-scoring parameters: Infrastructure, Corporate Connectedness, Leadership & Governance, Campus Life
Differentiator: Offering managerial course with specilization in information technology

Established by the Symbiosis Society, this B-school has state-of-the-art learning resources and infrastructure. This school particularly focusses on providing management education in the field of IT. Students are chosen on the basis of SNAP entrance exam, GD and PI. They are exposed to real-time situations and simulations through labs, whitepapers and case studies. The institute has tie-ups with reputed IT companies for industry lectures and internships. The institute has initiated efforts to become a SAP University and IBM University alliance partner where students can avail of additional IT courses beyond the curriculum. The institute offers Master of Business Administration course with specialization in IT Business Management, Systems, Information Systems & Security, Networks & IT Infrastructure and Software Solutions & Management course.

Jaipuria Institute of Management, Noida

Rank: 32
Established: 1995
Top-scoring parameters: Infrastructure, Corporate Connectedness, Leadership & Governance, Academic Excellence
Differentiator: Student-Mentor relationship that fosters academic excellence

With a state-of-the-art campus in the Delhi-NCR region, the institute works on developing graduates with entrepreneurial orientation and service-mindedness. The Institute offers three AICTE approved two year full time PGDM program mes: PGDM, PGDM (Service Management) and PGDM (Marketing). Jaipuria Institute of Management has several academic partners including Universities of Applied Sciences, Finland, University of Illinois, Asian Institute of Technology. The institute organizes several conclaves to bridge the gap between academics and the industry. About 98 per cent of the 2012-14 batch has been placed, with more than 240 companies in the recruitment cycle. While the highest package offered was about Rs 15 lakh, the average was Rs 5.27 lakh.

Institute of Management Technology, Nagpur

Rank: 33
Established: 2004
Top-scoring parameters: Leadership, Accreditation, Corporate Connectedness, Infrastructure
Differentiator: Produces strong candidates in marketing

Set up by industrialist Mahendra Nath, it is the second Institute of Management Technology established, after IMT Ghaziabad. The IMT has partnerships with 29 leading schools from the US, France, Australia, Austria, Belgium, South Africa, Canada, Ecuador, Mexico, Poland, Taiwan, Thailand, Indonesia, Ireland, Italy, Kazakhstan, Germany, South Korea, Singapore, the UK and so on, for exchange programs.

It offers both Inbound and Outbound Exchange Program mes for students to learn more about the dynamics of management in different parts of the world. They get an opportunity to study for a maximum of two terms at other leading business schools. Visiting students add to the diversity and peer-learning experience on campus.

PSG Institute of Management, Coimbatore

Rank: 34
Established: 1964
Top-scoring parameters: Leadership & Governance, Alumni Strength, Infrastructure
Differentiator: Fostering entrepreneurship among management graduates

To raise the bar in management education and practice-based research — that’s the mission of PSGIM. Most of the students either become entrepreneurs or join the family business. While the institution offers normal MBA courses, it also offers the PSG-India Study Abroad Program. It is a 21-day program that purports to acclimatize global participants to an India of the future through lectures, visit to places of interest and learning that will help participants get a deep insight of the country. The Learning Resource Center spans over 7500 sq.ft with over 38,000 volumes addressing all areas of management, 325 journals and several national dailies. PSGIM is one of the founder members of Association of Brics Business Schools.

School of Management (KIIT University), Bhubaneswar

Rank: 35
Established: 1993
Top-scoring parameters: Leadership & Governance, Infrastructure, Accreditation & Linkages, Corporate Connectedness
Differentiator: Institute gaurantees lifelong employability

Founded as an Institute of Business Administration and Training, it has become part of the prestigious KIIT University. It is one of the oldest private

B-schools in the country and has consistenly been ranked as one of the best B-schools in India. The current placement season has broken all the records in terms of numbers and pay packages. About 199 students were placed, the highest salary offered was Rs 13.5 lakh, while the average salary offered was Rs 4.8 lakh. Karvy Finance, Aircel, Bluestar, Reliance General Insurance and Shyam Indus Power Solution were some of the new companies that made it to the campus. More than 3000 alumni have made a mark for themselves in various fields. KSOM offers a broad-based management education where every student can pursue electives from areas other than his chosen fields.

ITM, Navi Mumbai

Rank: 36
Established: 1991
Top-scoring parameters: Leadership & Governance, Infrastructure, Corporate Connectedness, Campus Life
Differentiator: Partnership with international universities for knowledge transfer

Established as a part of the ITM group of institutions, ITM-Navi Mumbai is a non-aided business school. ITM offers 2-year full-time AICTE approved PGDM iConnect programs with over 1200 seats across 6 campuses. Dr. P.V. Ramana is founder chairman of ITM Group of Institution. The ITM Group has partnerships with international universities and schools from the US, the UK, Europe and Asia for knowledge transfer, program  development and student exchanges. These affiliations help in keeping the curricula updated, bring in internationally acclaimed faculties and in developing new program s. Some of the partnerships and associations include Southern New Hampshire University, USA; Queen Margaret University, UK; Groupe ESSCA, France and East Asia Institute of Management, Singapore.

Amity Business School, Noida

Rank: 37
Established: 1995
Top-scoring parameters: Leadership & Governance, Infrastructure, Corporate Connectedness, Faculty Profile
Differentiator: Linkages with top international institutions

The first institute of higher education and flagship business school of the Amity Universe, it has signed more than 80 MoUs with various institutions. It has been granted an ‘A’ grade by NAAC. A seven-day compulsory military training is organized for all students. This school has been involved in controversies. Once, AICTE even withdrew recognition to the school. With an aim of making global managers with business and entrepreneurial skills, the institute has faculty members known for their academic and research contributions both in India and abroad. It also gives due consideration to behavioural aspects of students so that they become successful managers and good human beings. It is the first and flagship institute of higher education of the Amity Group.

School of Communication and Management Studies, Cochin

Rank: 38
Established: 1976
Top-scoring parameters: Leadership & Governance, Infrastructure, Campus Life
Differentiator: Immense focus on practical learning

A management institute located at Cochin, it was established by Dr. G.P.C. Nayar, with funding from the Prathap Foundation for Education and Training. It is part of the SCMS Group of educational institutions. It is only one of the eight institutions that are accredited by the ACBSP, which is a major accreditation body for business schools in the United States. It is also accredited by India’s National Board of Accreditation in 2015. Over the last 16 years, SCMS has created an intellectual community of 95 full-time faculty members drawn from industry and academia, renowned for their excellent teaching skills and contribution to management education through creation of new knowledge.

Institute of Finance and International Management, Bengaluru

Rank: 39
Established: 1995
Top-scoring parameters: Leadership & Governance, Infrastructure, Corporate Connectedness, Alumni Strength
Differentiator: Focus is on continuous employability

For over 19 years, the institute has been striving to create the best leaders for business development in the country. Consistently ranked as Bangalore’s No.1 private B-school, IFIM is promoted by the Dalal Street Investment Journal Group and is approved by All India Council for Technical Education (AICTE). IFIM is accredited by SAQS and has also applied for NAAC accreditations. Located in the heart of Electronics City, Bangalore, with well-planned infrastructure and resources, it is accreditated by SAQS and has also applied for NAAC accreditations. Its core strength is the innovative pedagogy that includes Personality Enhancement Program (PEP), 4.5 month Industry Internship Program (IIP), Lab for Business Analytics (in partnership with IBM), Finance lab (supported by BSE/NSE) and a sustainability centre (in partnership with Infosys).

NDIM, Delhi

Rank: 40
Established: 1996
Top-scoring parameters: Leadership & Governance, Infrastructure, Academic Excellence, Campus Life
Differentiator: Merit scholarships for excellent students

The institute is a unit of a national-level NGO that has been established to promote excellence in management education, research and managerial training. From wanting to be the best B-school in Delhi, it has evolved to become one of the best B-schools in the country and vows to make it as a world-class institute. The institute believes there is a strong correlation between research and training. By recognizing that there is a need for dissemination of knowledge in the areas of management science, the institute came up with the idea of a research journal called “Review of Professional Management”. Located at Tuglakabad, PGDM at NDIM is equivalent to MBA by National Board of Accreditation. The campus is spread over 6,000 sq.ft and is state-of-the-art with a 24x7 IT centre.

Jaipuria Institute of Management, Lucknow

Rank: 41
Established: 1995
Top-scoring parameters: Leadership & Governance, Corporate Connectedness, Infrastructure   
Differentiator: Strong intellectual community

The first of the four management campuses under the Jaipuria umbrella, Jaipuria Institute of Management, Lucknow, offers not just tools and techniques to its students but is also equally cognizant of their managerial education. Keeping in mind changing realities and increasing business needs, the institute launched two different courses last year: PGDM-FS that is aimed at grooming students for the BFSI sector and PGDM-RM that aimed at readying customer-oriented professionals for the large retail modern houses. Jaipuria has created an intellectual community of 95 full-time faculty members and the faculty development program was instituted in 2013 so that teachers could work on their skills as well. They also have more than 50 visiting faculty members.

Institute of Management & Entrepreneurship Development (Bharati Vidyapeeth University), Pune

Rank: 42
Established: 1978
Top-scoring parameters: Leadership & Governance, Corporate Connectedness, Infrastructure
Differentiator: Students, faculty active in industry-specific projects

It is one of the oldest schools in the western part of India and was awarded ‘A’ Grade by HRD ministry. It was also re-accredited with ‘A’ Grade by NAAC. More than 200 companies participate in the placement drive every year, providing tremendous career opportunities to its students. Leading companies that participate in the placement drive are: Piramal Foundations, Reliance Industries Limited, Tech Mahindra, ITC, Colgate Palmolive, British Paints, Godrej & Boyce, Capgemini, Syntel & Persistent Systems to name a few. Students at the institute organize various events that add to their exposure and learning. The institute lays a special emphasis on sensitizing the students towards the society.

JIMS Kalkaji, Delhi

Rank: 43
Established: 1997
Top-scoring parameters: Leadership & Governance, Corporate Connectedness, Infrastructure, Academic Excellence
Differentiator: Strategic tie-ups with companies

JIMS has been trying to bridge the gap between the students and the industry through its various collaborations and tie-ups. In January 2015, the National Stock Exchange (NSE) signed an agreement with the Jagan Nath Gupta Memorial Educational Society to launch BBA/ B Com as well as MBA/M Com (Financial Markets) and other short-term certificate courses in eight of the universities, management institutes and engineering colleges across Delhi, UP, Haryana and Rajasthan. In 2013, the institute signed an MoU with KPMG and also ICICI Securities. It started PGDM in International Business in 2010 when it realized that global exposure is an essential part of a student’s learning. Hence, it has tied up with many institutions like Management Development Institute of Singapore, Nottingham University, Malaysia and Deakin University, Australia.

IILM Lodhi Road, Delhi

Rank: 44
Established: 1993
Top-scoring parameters: Leadership & Governance, Infrastructure, Corporate Connectedness, Campus Life
Differentiator: Curriculum at par with the best in the world

IILM offers management programs at graduate level and its curriculum can be put at par with the best in the world. Both the Programs–PGDM and Executive PGDM–are approved by AICTE. The students at IILM Delhi have a very vibrant life and get personalized attention through a strong mentoring program. There are several student exchange facilities with foreign partner universities and students also have access to world-class materials.

ILM has been accorded accreditation by the South Asia Quality Improvement System (SAQS). Only 11 business schools in India have received this accreditation till date. It is the only business school from India to be inducted into the group of 30 higher education institutions as a champion business school by the United Nations Global Compact PRME initiative.

Fortune Institute of International Business, New Delhi

Rank: 45
Established: 1995
Top-scoring parameters: Leadership & Governance, Infrastructure, Corporate Connectedness
Differentiator: Facilitates all-round development of its students

Since its inception, this premier B-school in Delhi has worked towards rediscovering and reinventing MBA education. Over the past 19 years, it has been at the forefront of bringing out a transformation in the mindset of its students by encouraging them to make a difference in whichever field they choose. It facilitates an all-round development of its students through international collaborations and certifications, global immersion programs and regular industry interface. FIIB has been able to successfully achieve better diversity, be it in terms of research or industry exposure of faculty, sharper focus on an industry-relevant and futuristic curriculum and customized approach to identifying skill-gaps and better matching of aspirations with learning and employability outcomes.

BIMM, Pune

Rank: 46
Established: 1999
Top-scoring parameters: Leadership & Governance, Infrastructure, Student Profile
Differentiator: Students provided corporate-like culture from Day 1

Balaji Institute of Modern Management, established under the name of Sri Balaji Society (SBS) Pune, has a campus of 16.5 acres, adorned with an exquisitely equipped infrastructure and all the facilities adding to the overall student experience and lifestyle. Within a short span of time, the institute has made a mark in the business education domain and is consistently working towards providing the best-in-class experience to students and faculty. The campus spread over 16.5 acres is located in the proximity of Industrial belt and provides a conducive atmosphere for learning. It has an in-campus hostel with a capacity to accommodate 700 students.

IILM, Greater Noida

Rank: 47
Established: 1996
Top-scoring parameters: Leadership & Governance, Corporate Connectedness, Infrastructure, Accreditation & Linkages
Differentiator: Emphasis on personal development of students

With a vision of becoming a leader in values-based management education and business focused research, IILM Greater Noida has a centrally-located campus and has over 1,000 full-time faculty and alumni. IILM’s pedagogical approach to management education combines theory with practice. Classroom learning is highly participative and involves case studies, simulations exercises, individual/group presentations, lectures along with seminars and inputs from distinguished speakers from academia and industry. Each student must earn 6 work-related credits to graduate in addition to the credits earned for summer internship. As a part of this integrated learning process, the students take up live projects with corporates and NGOs in and around Delhi. These projects serve as a platform to put classroom learning into practice.

GITAM School of International Business, Visakhapatnam

Rank: 48
Established: 1997
Top-scoring parameters: Leadership & Governance, Infrastructure, Accreditation & Linkages
Differentiator: Addressing need for professionals in logistics

Formerly known as the GITAM Institute of Foreign Trade, the international business School has been brought under the ambit of the GITAM University which was conferred the status of Deemed University by UGC. The school also has collaborations with three foreign B-schools: Burgundy School of Business, Dijon, France and International University of Paris, Paris, France; Beijing Normal University, Beijing, China. It has many executive education programs, which are open-ended but not customized. GSIB is uniquely conceived to train and develop thought leaders in International Business. Global Entrepreneurship is another thrust area for the institute.

University School of Management Studies, GGSIPU

Rank: 49
Established: 1999
Top-scoring parameters: Leadership & Governance, Corporate Connectedness, Infrastructure
Differentiator: Rich and diversified courses

Located in Delhi, University School of Management Studies Guru Gobind Singh Indraprastha University (GGSIPU) is approved by the All India Council for Technical Education (AICTE), Ministry of Human Resource Development, Government of India. The management college teaches postgraduate degree-level course in the field of management studies (MBA).

Siva Sivani Institute of Management, Hyderabad

Rank: 50
Established: 1992
Top-scoring parameters: Leadership & Governance, Corporate Connectedness, Infrastructure
Differentiator: Rich faculty and value-based education

Located in Secunderabad, SSIM’s mission is to achieve and sustain a reputation for excellence in teaching, learning, research and consultancy whilst upholding human values. The pedagogy at SSIM is a combination of lectures, cases, role plays, simulations and students’ team-based learning. SSIM has exclusive personality development faculty to groom the students on soft skills, which are inevitable for having successful careers.

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Topics: Skilling, #NHRDN_BSchoolRanking

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