A total of 19 private business schools in India have made the cut for Outlook-ICARE Rankings for India's Best B-Schools 2025. Here's the complete list.
| Rank 2025 | INSTITUTION | STATE | FACULTY STUDENT RATIO Weightage - 25% |
RESEARCH Weightage - 20% |
EMPLOYABILITY Weightage - 25% |
FACULTY QUALITY Weightage - 20% |
INCLUSIVENESS & DIVERSITY Weightage - 10% |
OVERALL SCORE |
| 1 | XLRI-XAVIER SCHOOL OF MANAGEMENT JAMSHEDPUR | Jharkhand | 99.92 | 78.35 | 100 | 91.01 | 96.19 | 93.47 |
| 2 | XAVIER INSTITUTE OF MANAGEMENT XIM UNIVERSITY BHUBANESWAR | Odisha | 100 | 66.59 | 93.83 | 96.83 | 85.52 | 89.69 |
| 3 | KALINGA INSTITUTE OF INDUSTRIAL TECHNOLOGY (KIIT) BHUBANESWAR | Odisha | 100 | 59.43 | 87.2 | 94.5 | 77.23 | 85.31 |
| 4 | CENTURION UNIVERSITY OF TECHNOLOGY AND MANAGEMENT BHUBANESWAR | Odisha | 98.99 | 38.85 | 80.99 | 83.38 | 33.16 | 72.76 |
| 5 | INSTITUTE OF ENGINEERING & MANAGEMENT (IEM) KOLKATA | West Bengal | 94.42 | 37.39 | 80.72 | 85.68 | 31.82 | 71.58 |
| 6 | XAVIER INSTITUTE OF SOCIAL SERVICE (XISS) RANCHI | Jharkhand | 100 | 37.32 | 73.49 | 80.42 | 29.43 | 69.86 |
| 7 | JIS UNIVERSITY KOLKATA | West Bengal | 100 | 22.33 | 60.26 | 74.14 | 26.18 | 61.98 |
| 8 | JIS COLLEGE OF ENGINEERING KOLKATA | West Bengal | 97.78 | 16.52 | 42.54 | 70.46 | 14.24 | 53.9 |
| 9 | ARKA JAIN UNIVERSITY JAMSHEDPUR | Jharkhand | 100 | 11.38 | 45.54 | 61.53 | 13.88 | 52.36 |
| 10 | HERITAGE BUSINESS SCHOOL KOLKATA | West Bengal | 100 | 6.75 | 25.04 | 61.89 | 22.67 | 47.26 |
| 11 | SISTER NIVEDITA UNIVERSITY KOLKATA | West Bengal | 97.32 | 3.19 | 32.08 | 58.94 | 14.85 | 46.26 |
| 12 | INTERNATIONAL SCHOOL OF BUSINESS AND MEDIA KOLKATA | West Bengal | 100 | 3.9 | 25.51 | 61.79 | 16.45 | 46.16 |
| 13 | BHARATIYA VIDYA BHAVAN INSTITUTE OF MANAGEMENT SCIENCE KOLKATA | West Bengal | 96.86 | 4.6 | 26.68 | 62.79 | 17.74 | 46.14 |
| 14 | SILIGURI INSTITUTE OF TECHNOLOGY SILIGURI | West Bengal | 94.35 | 8.26 | 30.72 | 58.42 | 15.18 | 46.12 |
| 15 | SRI SRI UNIVERSITY CUTTACK | Odisha | 99.8 | 7.54 | 27.18 | 57.4 | 13.75 | 46.11 |
| 16 | GIRIJANANDA CHOWDHURY INSTITUTE OF MANAGEMENT & TECHNOLOGY KAMRUP | Assam | 90.85 | 0.64 | 27.11 | 64.03 | 19.84 | 44.41 |
| 17 | NSHM BUSINESS SCHOOL KOLKATA | West Bengal | 99.14 | 5.57 | 17.71 | 56.83 | 23.68 | 44.06 |
| 18 | FUTURE INSTITUTE OF ENGINEERING AND MANAGEMENT KOLKATA | West Bengal | 100 | 4.13 | 18.01 | 53.74 | 16.21 | 42.7 |
| 19 | DEPARTMENT OF ECONOMICS COMMERCE AND MANAGEMENT MARTIN LUTHER CHRISTIAN UNIVERSITY SHILLONG | Meghalaya | 100 | 1.28 | 7.4 | 53.12 | 11.05 | 38.84 |