| RANK | INSTITUTION | PLACE | STATE | OVERALL SCORE |
|---|---|---|---|---|
| 1 | Indian Institute of Management | Indore | Madhya Pradesh | 88.25 |
| 2 | Indian Institute of Forest Management | Bhopal | Madhya Pradesh | 48.35 |
| 3 | Atal Bihari Vajpayee Indian Institute of Information Technology and Management | Gwalior | Madhya Pradesh | 27.91 |
| 4 | AKS University | Satna | Madhya Pradesh | 8.24 |
| 5 | G.H. Raisoni University | Chhindwara | Madhya Pradesh | 7.19 |
| 6 | IES College of Technology | Bhopal | Madhya Pradesh | 6.58 |
| 7 - 10 | ITM University | Gwalior | Madhya Pradesh | - |
| 7 - 10 | Jaipuria Institute of Management | Indore | Madhya Pradesh | - |
| 7 - 10 | Prestige Institute of Management and Research | Indore | Madhya Pradesh | - |
| 7 - 10 | Shri Vaishnav Vidyapeeth Vishwavidyalaya | Indore | Madhya Pradesh | - |
| RANK | 1 |
| INSTITUTION | Indian Institute of Management Indore |
PLACE | Indore |
| STATE | Madhya Pradesh |
| OVERALL SCORE | 88.25 |
| RANK | 2 |
| INSTITUTION | Indian Institute of Forest Management |
PLACE | Bhopal |
| STATE | Madhya Pradesh |
| OVERALL SCORE | 48.35 |
| RANK | 3 |
| INSTITUTION | Atal Bihari Vajpayee Indian Institute of Information Technology and Management |
PLACE | Gwalior |
| STATE | Madhya Pradesh |
| OVERALL SCORE | 27.91 |
| RANK | 4 |
| INSTITUTION | AKS University |
PLACE | Satna |
| STATE | Madhya Pradesh |
| OVERALL SCORE | 8.24 |
| RANK | 5 |
| INSTITUTION | G.H. Raisoni University |
PLACE | Chhindwara |
| STATE | Madhya Pradesh |
| OVERALL SCORE | 7.19 |
| RANK | 6 |
| INSTITUTION | IES College of Technology |
PLACE | Bhopal |
| STATE | Madhya Pradesh |
| OVERALL SCORE | 6.58 |
| RANK | 7 - 10 |
| INSTITUTION | ITM University |
PLACE | Gwalior |
| STATE | Madhya Pradesh |
| OVERALL SCORE | - |
| RANK | 7 - 10 |
| INSTITUTION | Jaipuria Institute of Management |
PLACE | Indore |
| STATE | Madhya Pradesh |
| OVERALL SCORE | - |
| RANK | 7 - 10 |
| INSTITUTION | Prestige Institute of Management and Research |
PLACE | Indore |
| STATE | Madhya Pradesh |
| OVERALL SCORE | - |
| RANK | 7 - 10 |
| INSTITUTION | Shri Vaishnav Vidyapeeth Vishwavidyalaya |
PLACE | Indore |
| STATE | Madhya Pradesh |
| OVERALL SCORE | - |
* Institutions in ranking bands are arranged in alphabetical order
Methodology
The Outlook-ICARE India MBA Rankings 2020 survey is a 100 per cent outcome-based assessment, developed with deep insights from the industry and backed by strong research. The goal is to design a comprehensive framework with an aim to assess institutes—public and private—offering MBA and related management degrees in India on globally relevant and employability-oriented parameters, which are Faculty-Student Ratio (FSR), Research Productivity and Quality, Faculty with PhD, Faculty Experience (Teaching/Corporate), Gender Diversity, Regional Diversity, Median Salary and Employability.
The overall rankings are in three broad categories: figures for all parameter heads are given for the Top 25 and Top 75 public and private institutions, respectively; only the total score is given for 76-125 (private); and since those in the 26-30 (public) and 126-150 (private) band have almost similar scores, the overall score is avoided for them. The institutions for which no scores were given are arranged in alphabetical order.
The rankings are further categorised into (1) Institutions of National Importance; (2) University Constituent Colleges (A college that belongs to a university and follows its curriculum and exam pattern); (3) Affiliated Colleges; (4) Standalone Institutions; (5) Top North, South, East, West and Central Zone institutions; (6) Most Promising B-schools or Rising Stars. The Most Promising B-schools or Rising Stars is not a ranking, only a listing. These institutions have the potential to be ranked in future exercises.
The rankings have been analysed and produced by the Indian Centre for Academic Rankings and Excellence (ICARE), a trusted and government-approved academic audit and ratings agency.
Keeping in mind the challenges surrounding data submission Outlook and ICARE have jointly created the first-of-its-kind B-schools listing after taking feedback from academic leaders. The outcome-based framework is analysed wholly on data available in public domain and through renowned third-party sources.
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