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NIRF Rankings 2024 OUT on August 12 @nirfindia.org, Check Top 10 MBA colleges in India

Discover the top 10 MBA colleges in India as per the NIRF Rankings 2024, released on August 12 at nirfindia.org. Find out which institutions are leading in management education this year.
authorImageShivani Kumari5 Aug, 2024
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NIRF Rankings 2024 OUT on August 12

NIRF Rankings 2024: The National Institutional Ranking Framework (NIRF) will announce the NIRF India Rankings 2024 on August 12 at 3 pm in a press conference. The event will be led by Union Education Minister Dharmendra Pradhan. After the announcement, the rankings will be available on the official website, nirfindia.org .

NIRF Rankings 2024 OUT on August 12

The NIRF (National Institutional Ranking Framework) Rankings for 2024 will be announced on August 12, 2024, at 3 PM IST. This annual release includes rankings across various categories, including management, engineering, and medical institutions in India. The announcement will be made by the Ministry of Education (MoE) and is highly anticipated by educational institutions and students alike. [caption id="attachment_234132" align="aligncenter" width="561"] NIRF Rankings 2024 OUT on August 12 NIRF Rankings 2024 OUT on August 12[/caption]

Expected NIRF Rankings 2024 for IIMs

The expected top Indian Institutes of Management (IIMs) in the NIRF Rankings 2024 are:
  1. Indian Institute of Management Ahmedabad (IIMA) is anticipated to retain the top position, continuing its legacy as a leading management institution.
  2. Indian Institute of Management Bangalore (IIMB) is expected to secure the second rank, maintaining its reputation for excellence in management education.
  3. Indian Institute of Management Kozhikode (IIMK) is likely to hold the third position, showcasing its strong academic and placement records.
  4. Indian Institute of Management Calcutta (IIMC) is expected to be in the fourth position, recognized for its robust curriculum and alumni network.

NIRF 2023 Top MBA Institutes

In the NIRF Rankings 2023, the Indian Institute of Management (IIM) Ahmedabad secured the top spot among management institutes in India and was also ranked Number 1 in the 'Overall Institutes' category. The top ten positions for management institutes in 2023 were all held by IIMs. The NIRF ranking system evaluates institutions based on academic quality, research output, teaching standards, resources, and overall performance. Here are the top ten management institutes for 2023:
  1. Indian Institute of Management (IIM) Ahmedabad
  2. Indian Institute of Management (IIM) Bangalore
  3. Indian Institute of Management (IIM) Kozhikode
  4. Indian Institute of Management (IIM) Calcutta
  5. Indian Institute of Technology (IIT) Delhi
  6. Indian Institute of Management (IIM) Lucknow
  7. National Institute of Industrial Engineering, Mumbai / IIM Mumbai
  8. Indian Institute of Management (IIM) Indore
  9. XLRI-Xavier School of Management
  10. Indian Institute of Technology (IIT) Bombay

How do Placement Records influence NIRF Rankings 2024?

Placement records are very important in the NIRF (National Institutional Ranking Framework) rankings, especially for the "Graduation Outcomes" category. This category looks at how well an institution prepares students for successful careers and further studies.

Weightage in Rankings

Here’s how placement records specifically affect the rankings:
  1. Graduation Outcomes: This category includes placement rates and has a significant impact on the overall NIRF score. Successful placements show that the institution equips students with the necessary skills and knowledge, which boosts its reputation and ranking.
  2. Industry Connections: Strong placement records often mean good connections with industries and effective placement cells. Institutions with high placement rates are more attractive to prospective students, leading to higher rankings due to increased applications and interest.

Correlation with Other Parameters

Below is the required Correlation with Other Parameters listed below for NIRF rankings 2024:
  1. Research and Professional Practice: Placements are directly related to outcomes and also link to other factors like research output and faculty quality. Institutions that do well in placements usually have strong faculty and research programs, improving their overall NIRF score.
  2. Perception: An institution's placement success greatly influences its perception. Higher placement rates enhance the institution's reputation among peers and potential students, which is a key part of the NIRF evaluation.

Challenges and Criticisms

Despite the importance of placement records, there are criticisms about their accuracy and representation. Some institutions may exaggerate their placement statistics to improve rankings, raising questions about the reliability of these figures. Additionally, the relatively low weightage of placements (around 8%) in the overall ranking can reduce their importance in evaluating an institution's quality. Excelling MBA exams with a high score allows candidates to enter esteemed IIMs. Start a strategic preparation for CAT, ATMA etc. and practice sample papers under the guidance of PW CAT Online Coaching experts. Join CAT Coaching Classes now to strengthen basic concepts, resolve doubts, and improve speed and accuracy.

NIRF Rankings 2024 OUT on August 12 FAQs

When will the NIRF Rankings 2024 be announced?

The NIRF Rankings 2024 will be announced on August 12, 2024, at 3 PM IST. The rankings will be revealed during a press conference led by Union Education Minister Dharmendra Pradhan. After the announcement, you can find the rankings on the official website, nirfindia.org.

Which institutions are expected to be the top MBA colleges in the NIRF Rankings 2024?

In the NIRF Rankings 2024, the Indian Institutes of Management (IIMs) are expected to dominate the top positions. IIM Ahmedabad is anticipated to retain the top spot, followed by IIM Bangalore, IIM Kozhikode, and IIM Calcutta. These institutions are known for their excellent academic standards and strong placement records.

How do placement records affect NIRF rankings?

Placement records play a crucial role in the NIRF rankings, especially in the "Graduation Outcomes" category. Successful placements indicate that an institution effectively prepares students for their careers, boosting its reputation and ranking. Institutions with strong industry connections and high placement rates are perceived as more attractive to prospective students, which can further improve their rankings.

What factors are considered in the NIRF ranking system?

The NIRF ranking system evaluates institutions based on several factors, including academic quality, research output, teaching standards, resources, and overall performance. Placement records, industry connections, faculty quality, and research initiatives also play significant roles in determining an institution’s ranking.

Are there any criticisms regarding the NIRF ranking system?

Yes, there are some criticisms of the NIRF ranking system. One common criticism is that some institutions may inflate their placement statistics to improve their rankings, raising concerns about the accuracy and reliability of these figures. Additionally, the relatively low weightage assigned to placements (around 8%) in the overall ranking can undermine their importance in evaluating an institution's quality.
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