Private B-schools in India continue to play a vital role in shaping future business leaders, offering globally aligned curricula, strong corporate exposure, and diverse specialisations. The 2025 rankings reaffirm the dominance of long-established institutions while also showcasing the growing stature of emerging management schools across the country.
At the top of the list is XLRI – Xavier School of Management, Jamshedpur, which has once again secured the No. 1 position among private B-schools, followed closely by MDI Gurgaon. Institutions from Chennai, Pune, Mumbai, Manipal, Ghaziabad, Bhubaneswar, and Sonipat also feature prominently, reflecting the geographic diversity of India’s private management education ecosystem.
Top 10 Private B-Schools in India 2025 (Outlook-ICARE Rankings)
| Rank | B-School Name | Location |
| 1 | XLRI – Xavier School of Management | Jamshedpur |
| 2 | Management Development Institute (MDI) | Gurgaon |
| 3 | Great Lakes Institute of Management | Chennai |
| 4 | TAPMI T.A.Pai Management Institute | Manipal |
| 5 | Institute of Management Technology (IMT) | Ghaziabad |
| 6 | Xavier Institute of Management (XIM) | Bhubaneswar |
| 7 | Loyola Institute of Business Administration (LIBA) | Chennai |
| 8 | Symbiosis Institute of Business Management (SIBM) | Pune |
| 9 | Jindal Global Business School (JGBS) | Sonipat |
| 10 | K J Somaiya Institute of Management | Mumbai |
Key Highlights of the Rankings
- XLRI Jamshedpur continues its legacy as India’s leading private B-school, known for its flagship HR and Business Management programmes.
- MDI Gurgaon maintains its strong reputation for academic excellence and top-tier corporate placements.
- Great Lakes Chennai and TAPMI Manipal stand out for their innovative curriculum and industry-aligned learning models.
- IMT Ghaziabad and XIM Bhubaneswar remain preferred choices for aspirants seeking strong alumni networks and leadership-focused education.
- SIBM Pune reinforces its position as one of the most sought-after private MBA institutions in western India.
- JGBS Sonipat and K J Somaiya Mumbai highlight the rising prominence of new-age and metropolitan B-schools.
Why Outlook-ICARE Rankings Matter
The Outlook-ICARE rankings are widely followed by MBA aspirants, parents, and education stakeholders, as they assess institutions across multiple parameters such as:
- Academic excellence
- Faculty credentials
- Research output
- Infrastructure and facilities
- Industry exposure
- Placement performance
These rankings help students make informed decisions while choosing the right business school for their management education.