Fourteen Indian MBA programs have been included in the newest Quacquarelli Symonds worldwide ranking for 2025, which was just announced today. IIM Bangalore, despite being the top performer among Indian institutes, has fallen out of the top 50 global ranking. IIM Ahmedabad, IIM Calcutta, and the Indian School of Business are among the top 100 Indian MBA programmes.
Three Indian MBA programs are ranked in the top 50 globally for employability, while a fourth program is also in the top 100 for this key indicator. IIM Ahmedabad’s full-time MBA programme holds the top national ranking in the Entrepreneurship & Alumni Impact category according to NIRF, with two other Indian programmes also in the global top 100 for this indicator.
Top Indian Full time MBA programmes
| Sno. | MBA Colleges | 2024 | 2025 |
| 1 | IIM Bangalore | 53 | 48 |
| 2 | IIM Ahmedabad | 60 | 53 |
| 3 | IIM Culcutta | 65 | 59 |
| 4 | Indian School of Business | 86 | 78 |
| 5 | IIM kozhikode | 151-200 | NEW |
| 6 | Indian Institute of Management Indore | 201-250 | 151-200 |
| 7 | Indian Institute of Management Lucknow | 201-250 | 151-200 |
| 8 | Indian Institute of Management Udaipur | 201-250 | 151-200 |
| 9 | XLRI- Xavier School of Management | 201-250 | 201-250 |
| 10 | Institute of Management Technology, Ghaziabad | 251+ | NEW |
| 11 | International Management Institute-Delhi | 251+ | 201-250 |
| 12 | International Management Institute – Kolkata | 251+ | 251+ |
| 13 | Management Development Institute Gurgaon | 251+ | 201-250 |
IIM Bangalore’s full-time MBA program in India has the highest ROI, with the other two programs ranking in the top 100 worldwide. IIM-B’s full-time MBA programme is also ranked first in the country for the expertise of its faculty, while three other programs are listed in the top 100 globally.
In the QS Global MBA and Business Master’s Rankings 2025, QS CEO Jessica Turner highlighted India’s increasing impact on worldwide business education. Indian organizations are more and more developing leaders who are equipped to navigate the complex and ever-changing business landscapes of today. The impressive performance of IIM Bangalore, IIM Ahmedabad, and IIM Calcutta, specifically in terms of job opportunities and alumni influence, showcases India’s capacity to develop high-quality global professionals. Nevertheless, persistent obstacles regarding internationalization and gender diversity continue to be crucial areas for enhancement. Closing these divides is crucial for not just improving the international competitiveness of India’s top business schools, but also essential for creating more inclusive spaces that are in line with the future of business leadership.
Both the US and the UK maintain their dominance in the rankings, with Stanford GSB’s MBA holding the top spot for the fifth year in a row, followed by The Wharton School and Harvard Business School in second and third place respectively. According to QS, the excellence of Stanford GSB is supported by its top alumni impact and exceptional Graduate Employability.
Top 20 MBA College Full time: QS Global
| Sno. | Business School | Country | 2024 RANK | 2025 Rank |
| 1 | Standford Graduate School of Business | United States | 1 | 1 |
| 2 | Penn (Wharton) | United States | 2 | 2 |
| 3 | Harvard Business School | United States | 3 | 3 |
| 4 | MIT (Solan) | United States | 6 | 4 |
| 5 | London Business School | United Kingdom | 4 | 5 |
| 6 | HEC Paris | France | 5 | 6 |
| 7 | Cambridge (Judge) | United Kingdom | 9 | 7 |
| 8 | Columbia Business School | United States | 7 | 8 |
| 9 | IE Business School | Spain | 8 | 9 |
| 10 | IESE Business School | Spain | 9 | 10 |
| 11 | INSEAD | France | 11 | 11 |
| 12 | Northwestern (Kellogg) | United States | 12 | 11 |
| 13 | UC Berkeley (Haas) | United States | 13 | 13 |
| 14 | UCLA (Anderson) | United States | 15 | 14 |
| 15 | Chicago (Booth) | United States | 14 | 15 |
| 16 | Yale School of Management | United States | 16 | 16 |
| 17 | NYU (Stern) | United States | 17 | 17 |
| 18 | Imperial College Business School | United Kingdom | 20 | 18 |
| 19 | Oxford (Said) | United Kingdom | 18 | 19 |
| 20 | SDA Bocconi School of Management | Italy | 21 | 20 |
QS assessed 60 full-time MBA programs in Asia, with India standing out as the most prominent hub in the region. It has 14 programs ranked, surpassing China’s total. Mainland China is right behind with a total of 10 programs, while Japan comes in third place with six programs.
Although IIM Bangalore and IIM Ahmedabad are ranked in the top 10 MBA schools in Asia, IIM Calcutta has fallen slightly below the top 10 list this year. The Indian School of Business holds a position in the top 15 rankings.
The QS Global MBA and Business Master’s Rankings 2025 cover 58 countries and territories, evaluating 340 top global MBAs and various in-demand Business Master’s Rankings such as Management, Finance, Marketing, Business Analytics, and Supply Chain Management.
