Outlook-ICARE MBA Rankings- What Are The Top Private MBA Institutes?

The much anticipated Outlook-ICARE MBA Rankings 2020 have been published. Here are the finest MBA institutions according to the rankings!

Table of Contents

Outlook-ICARE MBA Rankings 2020: Methodology
Outlook i-Care MBA Rankings 2020: Top MBA Colleges in India
Closing Note

The prestigious Outlook-ICARE MBA Rankings 2020 have been published on the official Outlook website. The best 150 private MBA colleges of India are listed in the rankings. The survey is a true reflection and an outcome-based evaluation that relies on extensive industry insights and is supported by solid research. With an astounding aggregate score of 87.16, Xavier School of Management (XLRI) Jamshedpur won first place this year.

The second place was secured by the S. P. Jain Institute of Management & Research with an aggregate score of 81.01. It's followed closely by the Management Development Institute, Gurgaon with a score of 79.24 in the third position. The other top-notch MBA institutes in India also found their places in the rankings such as Birla Institute of Technology and Science (BITS) Pilani (at rank 10), Delhi Institute of Advanced Studies (at rank 75), and much more.

Outlook-ICARE MBA Rankings 2020: Methodology

The rankings' aim is to create a comprehensive framework for evaluating colleges in India that offer MBA and comparable management degrees based on employability-oriented criteria which is relevant globally. Faculty-Student Ratio (FSR) also plays an important role here along with Research Productivity & Quality, Gender Diversity, Faculty Experience, Regional Diversity, Median Salary, and much more.

The rankings can be classified under three broad categories:

Figures for all parameter heads are given for the top 25 public and top 75 private institutes,
Only the total score is given for 76-125 private universities, and
The public universities in the range of 26-30 and private universities in the range of 126-150 mostly have similar scores and thus the overall score has been avoided for them. Also, there are institutions for which no scores have been awarded and they are arranged in proper alphabetical order.

Outlook i-Care MBA Rankings 2020: Top MBA Colleges in India

Given below is the list of best MBA colleges in India as per their Outlook MBA rankings 2020.

Ranking	Name Of The Institutes	FSR, Research Score	Employability & Faculty Quality	Overall score
1.	XLRI Xavier School of Management, Jamshedpur	100 & 55.09	94.74 & 85.50	87.16
2.	S. P. Jain Institute of Management & Research, Mumbai	100 & 53.08	81.63 & 83.01	81.01
3.	Management Development Institute, Gurgaon	100 & 49.33	77.81 & 87.30	79.24
4.	SVKM's Narsee Monjee Institute of Management Studies, Mumbai	100 & 36.33	78.43 & 81.23	76.64
5.	Great Lakes Institute of Management, Chennai	100 & 23.43	79.02 & 80.23	75.45
10.	Birla Institute of Technology and Science, Pilani	100 & 8.93	76.56 & 68.76	69.10
20.	Xavier Institute of Management Bhubaneswar	60.54 & 2.09	78.70 & 63.75	59.05
30.	Birla Institute of Technology, Ranchi	100 & 0.67	61.49 & 44.91	53.84
40.	Principal L. N. Welingkar Institute of Management Development & Research, Mumbai	95.17 & 0.18	37.96 & 24.86	41.45
50.	Rajagiri Centre For Business Studies, Kochi	96.10 & 0.21	32.04 & 13.39	36.05
60.	Thiagarajar School of Management, Madurai	95.89 & 0.40	22.60 & 14.06	32.17
70.	JSS Academy of Higher Education & Research, Mysore	86.71 & 0.08	12.10 & 14.18	25.58
80.	N. L. Dalmia Institute of Management Studies and Research, Mumbai	-	-	20.81
90.	The Shanmugha Arts, Science, Technology & Research Academy (SASTRA), Thanjavur	-	-	16.53
100.	CMR University, Bengaluru	-	-	12.54
110.	Vignana Jyothi Institute of Management, Hyderabad	-	-	9.55
120.	GD Goenka University, Gurgaon	-	-	6.82
126- 150.	NIMS University, Jaipur	-	-	-
126- 150.	Universal Business School, Mumbai	-	-	-
126- 150.	International School of Business and Media (ISB&M), Pune	-	-	-
126-150.	The Northcap University, Gurgaon	-	-	-
126-150.	NIIT University, Neemrana	-	-	-
126-150.	Jaipuria Institute of Management, Indore	100 & 0.18	38.92 & 24.89	43.02

Closing Note

When there are hundreds of MBA colleges and MBA programs to choose from and the number is ever-increasing, the Outlook-ICARE MBA Rankings might assist you in deciding the best MBA college to enrol in. Even though there are scores of B-school rankings in India, the ranking's credibility and track record are the most significant factors to consider while seeking accurate advice. For more updates, stay tuned with us!

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

Was this article helpful?

1 Upvotes

0 Downvotes

What's the fee structure of MBA in 2020 at Amjad Ali Khan College?

-sana syedaUpdated on December 31, 2025 11:26 AM

5 Answers

allysa , Student / Alumni

Lovely Professional University (LPU) offers a two-year full-time MBA program with specializations in marketing, finance, human resources, operations, and international business. The program combines theoretical learning with practical exposure through internships, projects, and corporate interactions. The total fee is approximately 8–9 lakh rupees, payable in installments. LPU also offers merit-based scholarships and provides modern infrastructure, industry visits, workshops, and strong placement support to help students build successful management careers.

Which colleges are accepting XAT score 2024?

-Nikhil TiwariUpdated on December 26, 2025 07:26 PM

2 Answers

allysa , Student / Alumni

Lovely Professional University (LPU) does not accept XAT scores for admission. LPU primarily uses its own entrance test called LPUNEST or direct eligibility criteria based on your qualifying marks for MBA and other programs. Some courses may also consider national exams like CMAT or MAT depending on LPU’s latest admission policy, but XAT is not generally accepted for LPU admissions. Always check the current requirements.

Are LPU Online courses good? How can I take admission?

-Sumukhi DiwanUpdated on December 27, 2025 01:40 PM

60 Answers

Vidushi Sharma, Student / Alumni

LPU Online programs are well regarded, backed by UGC-DEB approval and a NAAC A++ accreditation, ensuring the degrees are valid for government employment as well as international opportunities. Admission is simple—register on the LPU Online portal, complete the application form, upload the necessary documents for verification, and submit the applicable fee.