| Ranking | Business School |
| 1 | Indian Institute Of Management, Ahmedabad (IIMA) |
| 2 | Indian Institute Of Management, Bangalore (IIMB) |
| 3 | Indian Institute Of Management, Calcutta (IIMC) |
| 4 | Xavier Labour Relations Institute, Jamshedpur (XLRI) |
| 5 | Indian Institute Of Management, Lucknow (IIML) |
| 6 | Faculty Of Management Studies, Delhi (FMS) |
| 7 | Jamnalal Bajaj Inst. Of Mgmt Studies, Mumbai |
| 8 | Management Development Institute, Gurgaon |
| 9 | S.P. Jain Inst. Of Mgmt & Research, Mumbai |
| 10 | Narsee Monjee Inst. Of Mgmt Studies, Mumbai |
| 11 | Inst. Of Management Technology, Ghaziabad |
| 12 | University Of Punjab, UBS, Chandigarh |
| 13 | Xavier Inst. Of Management, Bhubaneshwar |
| 14 | Bharatidasan Inst. Of Mgmt, Tiruchirapalli |
| 15 | T.A. Pai Management Institute, Manipal |
| 16 | Symbiosis Inst. Of Business Management, Pune |
| 17 | Symbiosis Centre For Management & HRD, Pune |
| 18 | Sydenham Inst. Of Mgmt & Research, Mumbai |
| 19 | International Management Institute, Delhi |
| 20 | K.J. Somaiya Inst. Of Mgmt Studies, Mumbai |
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