Nine Indian business schools have made it to the list of top 100 B-Schools of the world in 2026. The list was compiled by Financial Times, taking into consideration several factors like alumni real-world
outcomes with institutional data on diversity, academic strength, global exposure and sustainability. The rankings were calculated based on earnings, career trajectory and international engagement.
The Indian School of Business (ISB), with its campuses in Hyderabad and Mohali, is the best ranked Indian B-school on the list, ranked at Number 12. It is a huge climb for ISB this year, which was ranked at the 27th spot in the 2025 rankings.
Several Indian Institutes of Management (IIMs) — notably Ahmedabad, Bangalore, Calcutta, Lucknow, Indore and Kozhikode — are also ranked among the world’s top 100 MBA programmes. Other Indian B-Schools that have made it to the list are SPJIMR and XLRI.
How Indian B-Schools Have Been Ranked
Indian School of Business – Rank 12
With its main campus in Hyderabad and a second one in Mohali, ISB scored a standout 12th globally — the highest among Indian B-schools — largely due to exceptional salary growth. Its alumni reported an average weighted salary of $201,712 three years after graduation and the highest salary percentage increase among Indian B-Schools, signalling remarkable career acceleration from pre-MBA to post-MBA positions. Strong global alumni network ratings also contributed to its elevated global position.
Indian Institute of Management Ahmedabad – Rank 27
IIM-Ahmedabad continues to shine on international metrics, showing a weighted alumni salary of $227,942 three years after graduation — placing it among the highest-paid MBA alumni worldwide — and a 160 per cent salary increase over pre-MBA earnings.
Indian Institute of Management Bangalore – Rank 34
IIM-Bangalore’s performance reflects strong post-MBA results, with its graduates achieving significant salary uplift and employment outcomes.
Indian Institute of Management Calcutta – Rank 53
IIM-Calcutta’s ranking reflects competitive post-MBA salary outcomes and strong placement success in finance and analytics sectors.
Indian Institute of Management Lucknow – Rank 58
IIM-Lucknow earns its position through consistent career outcomes — including substantial salary increases post-MBA and strong employment rates — while steadily improving its global standing.
Indian Institute of Management Indore – Rank 62
IIM-Indore’s presence in the FT top 100 reflects accelerating career outcomes and wage growth among its graduates. Historical data indicates strong salary increase rates and near-complete employment within months of graduation.
Indian Institute of Management Kozhikode – Rank 65
IIM-Kozhikode’s ranking reflects notable salary momentum with above-average percentage increases among its alumni (historically around 216 per cent). Its performance on career progress, value for money and employment shortly after graduation underpin its global standing, signaling solid ROI for students.
SP Jain Institute of Management and Research – Rank 74
Located in Mumbai, SPJIMR debuted strongly in the top 100, backed by competitive salary growth trends (ranking among the top five Indian schools for percentage salary increase) and strong feedback from alumni on careers support and networking.
XLRI – Xavier School of Management – Rank 82
XLRI in Jamshedpur, Jharkhand, is the last Indian B-school in the top 100 list with one of the highest salary percentage increases globally (historically around 243 per cent in recent FT data).
Which Are The Top Five Schools On The List?
MIT Sloan School of Management in USA tops the Global 100 B-Schools rankings. Following it are INSEAD (France / Singapore) at number 2 and University of Pennsylvania: Wharton School in USA at number 3. The IESE Business School (Spain) and London Business School (UK) are tied at the fourth spot on the FT list.
