| Rank | Name | City | State |
| 1 | Indian Institute of Management Ahmedabad | Ahmedabad | Gujarat |
| 2 | Indian Institute of Management Bangalore | Bengaluru | Karnataka |
| 3 | Indian Institute of Management Kozhikode | Kozhikode | Kerala |
| 4 | Indian Institute of Technology Delhi | New Delhi | Delhi |
| 5 | Indian Institute of Management Calcutta | Kolkata | West Bengal |
| 6 | Indian Institute of Management Mumbai | Mumbai | Maharashtra |
| 7 | Indian Institute of Management Lucknow | Lucknow | Uttar Pradesh |
| 8 | Indian Institute of Management Indore | Indore | Madhya Pradesh |
| 9 | XLRI-Xavier School of Management | Jamshedpur | Jharkhand |
| 10 | Indian Institute of Technology Bombay | Mumbai | Maharashtra |
| 11 | Management Development Institute | Gurugram | Haryana |
| 12 | Indian Institute of Management Rohtak | Rohtak | Haryana |
| 13 | Symbiosis Institute of Business Management | Pune | Maharashtra |
| 14 | Indian Institute of Management Raipur | Raipur | Chhattisgarh |
| 15 | Indian Institute of Foreign Trade | New Delhi | Delhi |
| 16 | Indian Institute of Technology Madras | Chennai | Tamil Nadu |
| 17 | Indian Institute of Management Ranchi | Ranchi | Jharkhand |
| 18 | Indian Institute of Technology Roorkee | Roorkee | Uttarakhand |
| 19 | Indian Institute of Technology Kharagpur | Kharagpur | West Bengal |
| 20 | S. P. Jain Institute of Management and Research | Mumbai | Maharashtra |
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