In the NIRF 2024 ranking, the Indian Institute of Management (IIM) Ahmedabad has clinched the first position in the management category, followed by IIM Bangalore, and IIM Kozhikode.Interestingly, IIM Ahmedabad has been bagging the first position in the Management category for over 5 years in a row.
IIM Ahmedabad in NIRF ranking: A Look at the Success Factors
IIM Ahmedabad is acclaimed worldwide as a top-tier institution in management, continuously advancing the fields of research, leadership, and education. It provides consultancy services and offers over 200 tailored executive education programs in customized, blended, and open enrolment formats. These programmes cater to a wide audience, including business leaders, policymakers, industry professionals, academicians, government officials, military personnel, agribusiness experts, niche sector specialists, and entrepreneurs.
It has managed to attain the top rank over the years due to its robust infrastructure and excellent placements. Reflecting on this achievement, Professor Bharat Bhasker, Director of IIMA, said, “At IIMA, we are committed to upholding the highest standards in management education and research. We are thrilled to be recognised as the best management institute in India for the fifth consecutive year by the Ministry of Education’s NIRF 2024 rankings. This accolade underscores the exceptional education and pioneering research conducted by our faculty, which has a profound influence on business and public policy. While we take pride in this achievement, it fuels our determination to consistently pursue excellence in all our endeavours and contribute significantly to India’s growth narrative.”
Performance over the years: This year, IIM Ahmedabad achieved a score of 91.88 in TLR due to its robust infrastructure, 63.89 in RPC reflecting its outstanding research contributions, and 98.71 in GO highlighting its impressive placement rates. Additionally, it earned 71.72 in OI and 96.81 in PER. The following table shows its scores across these categories over the last 3 years.
Excellent performance in placement: IIM Ahmedabad continues to set a high standard in placement success, offering graduates exceptional career opportunities and lucrative salary packages. For the academic year 2021-22, the institution celebrated a remarkable achievement, reporting a median salary of thirty-one lakhs per annum for its placed graduates. Out of 429 students who graduated, an impressive 428 secured placements, underscoring the institution’s remarkable placement record.
These figures not only highlight the significant earning potential for IIM Ahmedabad graduates but also reflect the institution’s steadfast dedication to providing substantial career prospects and a high return on educational investment.