How would you rank the following business schools, ISB, IIM A, B, C, L, XLRI, FMS, and SPJIMR?

1 Answer

savi sharma November 10th, 2020

IIM Ahmedabad, Banglore, Calcutta, and Lucknow are positioned at 1st, 2nd, 3rd, and 4th place in the list of NIRF India ranking 2020 for management courses. XLRI, FMS, and SPJIMR are placed at the position of 9th, 35th, and 18th under the same category of NIRF 2020.


  • Candidates have to clear Business Aptitude Test (BAT) offered by ISB in order to seek admission.

  • For admission at IIM Ahmedabad, Banglore, Calcutta, Lucknow, or any other IIMs in general, one has to clear IIM-CAT. The expected cutoff percentile this year would be 97-99%.

  • XLRI conducts the Xavier Aptitude Test (XAT) every year in the month of January which is followed by group discussion and personal interview rounds for admission.

  • FMS considers CAT scores for MBA admission with a cutoff of 98% for the general category.

  • SPJIMR conducts SPJAT for MBA admission. It also accepts CAT/GMAT test scores with a cutoff of 92%.

Placement statistics:


  • Around 400 recruiting companies participated in the recruitment process making 1504 job offers.

  • The best domestic CTC offered in 2020 is 48 LPA whereas the median salary offered was 25.71 LPA.


  • 346 recruiting companies participated in the placement session this year with top recruiters being Accenture, Aditya Birla, Amazon.

  • The average package of PGP is 26.13 LPA, whereas that of PGPx is 33 LPA.


  • 150+ recruitment companies visited campus making 600+ job offers overall.

  • The average CTC offered for PGP was 26.18 LPA, whereas for EPGP it was 30 LPA.


  • 498 job offers were made at IIM-C by 150+ companies which include industry giants like JP Morgan, Wipro, BCG, Goldman Sachs.

  • Highest and average CTC offered were 80 LPA and 27.9 LPA respectively.


  • 443 students got placed from the 2020 batch at IIM-L with an average annual package of 24.25LPA at companies like Flipkart, Deloitte, Accenture.

  • The best CTC offered so far is 54 LPA at IIM-L.


  • The batch of 2020 recorded 100% placement with 362 overall domestic and international offers.

  • The average CTC was recorded to be 2 6LPA whereas the highest package was 58.5 LPA.


  • 219 students appeared in the placement session in 2020.

  • Each of them got placed at top-notch companies like Coca Cola, Asian paints, GSK pharma with an average salary of 25.6 LPA.


  • Highest CTC offered was 51 LPA with an average CTC of 26.36 LPA.

  • The majority of students got placed in FMCG, E-commerce sectors.

Each of these eight institutes is among the top-notch B-schools in India. Go through the given parameters to decide what is best for you.



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