Outlook-ICARE Rankings 2026: India’s Top 20 B-Schools

A total of 20 business schools in India have made the cut for Outlook-ICARE Rankings for India's Best B-Schools 2026. Here's the complete list.

Updated on: 22 October 2025 3:25 pm

Indian Institute of Management (IIM) Bangalore

RANK 2026	INSTITUTION	STATE	FACULTY STUDENT RATIO Weightage - 25%	RESEARCH Weightage - 20%	EMPLOYABILITY Weightage - 25%	FACULTY QUALITY Weightage - 20%	INCLUSIVENESS & DIVERSITY Weightage - 10%	OVERALL SCORE
1	INDIAN INSTITUTE OF MANAGEMENT (IIM) AHMEDABAD	Gujarat	100	96.52	100	100	89.58	98.44
2	INDIAN INSTITUTE OF MANAGEMENT (IIM) BANGALORE	Karnataka	100	93.83	100	100	88.14	97.89
3	INDIAN INSTITUTE OF MANAGEMENT (IIM) CALCUTTA	West Bengal	100	87.95	98.85	94.53	85.8	95.22
4	XLRI-XAVIER SCHOOL OF MANAGEMENT JAMSHEDPUR	Jharkhand	99.92	78.35	100	91.01	96.19	94.56
5	INDIAN INSTITUTE OF MANAGEMENT (IIM) LUCKNOW	Uttar Pradesh	100	85.43	97.48	94.5	81	93.81
6	INDIAN INSTITUTE OF MANAGEMENT (IIM) INDORE	Madhya Pradesh	100	86.85	97.03	92.43	83.18	93.64
7	INDIAN INSTITUTE OF MANAGEMENT (IIM) RANCHI	Jharkhand	95.23	71.53	98.74	91.4	98.16	92.61
8	MANAGEMENT DEVELOPMENT INSTITUTE GURGAON	Haryana	100	73.54	94.9	95.52	94.84	92.58
9	DEPARTMENT OF MANAGEMENT STUDIES INDIAN INSTITUTE OF TECHNOLOGY - MADRAS CHENNAI	Tamil Nadu	97.78	72.65	96.17	90.06	99.98	92.04
10	GREAT LAKES INSTITUTE OF MANAGEMENT CHENNAI	Tamil Nadu	100	89.25	95.04	87.92	80.1	92
11	INSTITUTE OF MANAGEMENT TECHNOLOGY GHAZIABAD	Uttar Pradesh	100	83.79	96.97	88.63	76.93	91.78
12	T. A. PAI MANAGEMENT INSTITUTE MANIPAL	Karnataka	100	67.42	97.32	87.17	96.88	91.16
13	XAVIER INSTITUTE OF MANAGEMENT XIM UNIVERSITY BHUBANESWAR	Odisha	100	64.9	100	93.28	73.21	90.71
14	LIBA (LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION) CHENNAI	Tamil Nadu	100	66.59	93.83	96.83	85.52	90.44
15	SRM FACULTY OF MANAGEMENT SRMIST KATTANKULATHUR	Tamil Nadu	99.56	67.9	95.41	94.54	80.6	90.25
16	INDIAN INSTITUTE OF FOREIGN TRADE (IIFT) NEW DELHI	Delhi	100	79.1	95.21	84.68	73.01	89.19
17	INDIAN INSTITUTE OF MANAGEMENT (IIM) SAMBALPUR	Odisha	100	77.56	95.74	85.06	71.35	89.08
18	JAMNALAL BAJAJ INSTITUTE OF MANAGEMENT STUDIES MUMBAI	Maharashtra	100	80.86	94.46	82.41	76.27	89.02
19	LM THAPAR SCHOOL OF MANAGEMENT DERA BASSI (THAPAR INSTITUTE OF ENGINEERING & TECHNOLOGY PATIALA)	Punjab	100	58.33	97.65	93.7	68.09	88.36
20	JINDAL GLOBAL BUSINESS SCHOOL SONIPAT	Haryana	100	63.43	89.6	93.74	79.71	87.07