India is a lower-middle-income country with one of the world’s fastest-growing major economies. Recent World Bank updates note that India’s growth has remained strong, supported by services, agriculture, and formal job creation. Poverty has also declined significantly over the past decade.
India has become an important destination for business, investment, and management education. If you want to be part of, contribute to, and experience firsthand the growth of this country, the business schools in India listed below can help prepare and equip you for the business industry.
Top Business Schools in India
1. Indian Institute of Management – Bangalore
The Indian Institute of Management Bangalore (IIM-B) is located in Bengaluru, one of India’s major business and technology hubs. This gives the institute access to a variety of industries that can support its curriculum through internships, live projects, industry interaction, and executive learning. It was also the first management school in India to offer Massive Open Online Courses (MOOCs) on the edX platform.
The institute also takes pride in its collaboration with institutions abroad, providing its students with exchange opportunities and academic partnerships across several regions. In 2025, IIM Bangalore ranked 2nd in India’s NIRF Management ranking and its two-year full-time MBA/PGP was ranked 1st in India and 28th globally in the Financial Times Masters in Management ranking.
It provides degree-granting programs, including two-year MBA programs, a one-year executive MBA, and a full-time Ph.D. program. It also offers short-duration certificate and executive education programs.
2. Indian Institute of Management – Ahmedabad
The Indian Institute of Management Ahmedabad (IIM-A) became the first business school in India to be accredited by the European Quality Improvement System (EQUIS) in 2008. It has maintained this accreditation and was re-accredited in 2025. IIM Ahmedabad ranked 1st in India’s NIRF Management ranking in 2025.
The institute places a high value on research and training and has established several centers in the field. It has also built links with industries and institutions outside the country, helping students and faculty access international learning, research, and professional opportunities.
Its Executive Education portfolio includes more than 200 programs, with offerings delivered through its India and Dubai locations.
3. Indian Institute of Management – Calcutta
Established in 1961, the Indian Institute of Management Calcutta (IIM-C) was the first national institute for postgraduate studies and research in management in India. It remains one of the country’s leading management institutions and ranked 7th in India’s NIRF Management ranking in 2025.
The institute has established laboratories, centers, and facilities that aid in the development and improvement of the institute and its students. It is also triple-accredited by AACSB, AMBA, and EQUIS, and is the exclusive Indian partner of CEMS.
4. Indian School of Business
- Study Program
- Programs Offered: Postgraduate, advanced management, executive education, entrepreneurship, and fellow programs
The Indian School of Business is a not-for-profit business school with campuses in Hyderabad and Mohali. Founded to meet the need for globally relevant management education in India, ISB became the world’s 100th business school to receive the “triple crown” of accreditation from AACSB, AMBA, and EQUIS.
The institute was developed with support from the Kellogg School of Management and the Wharton School of the University of Pennsylvania. It has also developed academic associations with the MIT Sloan School of Management, the Fletcher School at Tufts University, and the London Business School.
This top business school in India provides postgraduate programs, advanced management programs, executive education, entrepreneurship programs, and fellow programs. Its Fellow Programme in Management is a Ph.D.-equivalent program, while its flagship postgraduate programs are designed for different career stages rather than as conventional Indian university degrees.
5. Amity International Business School
Amity International Business School is part of Amity University in Noida and was founded in 1998. It offers undergraduate, postgraduate, executive, and Ph.D. programs in international business and related areas, including newer business programs with an artificial intelligence focus.
The school emphasizes international exposure, applied business learning, and industry interaction. Amity University ranked 49th in India’s NIRF Management ranking in 2025.
6. Indian Institute of Management – Indore
The Indian Institute of Management Indore (IIM-I) was established in 1996 and is an institute of national importance under the Indian Institutes of Management Act, 2017. It is known for its academic programs, research, and engagement with industry and government. In 2025, IIM Indore ranked 8th in India’s NIRF Management ranking.
It has campuses in Indore and Mumbai. IIM Indore offers a range of programs, including the five-year Integrated Programme in Management, postgraduate management programs, executive programs, and doctoral programs. Its Integrated Programme in Management was launched in 2011 and is described by the institute as the first of its kind in India.
7. Indian Institute of Management – Lucknow
The Indian Institute of Management Lucknow (IIML), one of India’s leading business schools, was established in 1984. It is the fourth institute in the IIM family and ranked 5th in India’s NIRF Management ranking in 2025.
IIM Lucknow is known for its curriculum’s diverse range of educational materials and for cultivating management knowledge and expertise among its students. The institute aims to develop value-driven leaders who can contribute to business and society.
IIM Lucknow offers MBA, MBA in Agribusiness Management, MBA in Sustainable Management, executive MBA options, a blended MBA program, a bachelor’s program in artificial intelligence and business analytics, and Ph.D. programs.
8. S. P. Jain Institute of Management and Research
- Study Program
- Programs Offered: Postgraduate programs, Ph.D.-equivalent fellow program
The S. P. Jain Institute of Management and Research (SPJIMR) in Mumbai was established in 1981. It is a reputed postgraduate business institute in India. In 2025, SPJIMR ranked 20th in India’s NIRF Management ranking, and its PGDM was ranked 35th globally and 3rd in India in the Financial Times Masters in Management ranking.
SPJIMR is a Category-I institute under AICTE and is accredited by AACSB, AMBA, and EQUIS.
The institute aims to assist in value-based growth and enhance the managerial practices of both individuals and organizations by providing various innovative and advanced management programs.
Postgraduate and doctoral-level programs at SPJIMR are known for their quality and for cultivating leadership qualities through a holistic and innovative approach to education. Its Fellow Programme in Management is AICTE-approved and recognized by the Association of Indian Universities as equivalent to a Ph.D.
9. International Management Institute (IMI) New Delhi
- Study Program
- Programs Offered: Postgraduate diplomas, Ph.D.-equivalent fellow program
The International Management Institute (IMI) New Delhi is India’s first corporate-sponsored business school. It was established in 1981 and has become a respected institute that equips aspiring managers with fundamental knowledge and business training. In addition to teaching and training, IMI is also a research center.
IMI aims to provide business education that is globally recognized and contributes to society through research. It also aspires to nurture successful business leaders with skills such as social sensitivity, responsibility, value-driven decision-making, and professional competence.
The postgraduate program at IMI focuses on developing holistic and versatile managers who can handle professional challenges in a competent and socially sensitive manner. IMI New Delhi ranked 40th in India’s NIRF Management ranking in 2025, and its PGDM was ranked 99th globally in the Financial Times Masters in Management ranking in 2025.
10. University of Delhi
The Faculty of Management Studies (FMS) at the University of Delhi was established in 1954 and primarily emphasizes management education, research, consultancy, and leadership development alongside a rich understanding of business.
FMS is part of the highly respected University of Delhi, which is known for its academic standards and research contribution. Programs at FMS incorporate inputs from other departments at the University of Delhi, such as economics, commerce, sociology, psychology, anthropology, law, and operations research, giving students access to a more holistic curriculum.
In addition, FMS offers a combination of instrumented feedback, fieldwork, and case studies, including a strong foundation in theory and concepts, to encourage students to explore and study new ideas.
In summary, India’s management education landscape includes public IIMs, university departments, and private schools with national and international accreditation. India now offers many business programs with strong academic foundations, practical exposure, and professional development opportunities.
Students can expect English-medium instruction, case studies, internships, executive exposure, and a range of programs across management, entrepreneurship, analytics, sustainability, finance, and international business. In addition to the range of popular programs available, India also offers employment opportunities in both the public and private sectors.
We hope that this article on Best Business Schools in India was helpful. Make sure to also check out the Available Business Programs for International Students!
