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IIM Indore has once again demonstrated its commitment to excellence by securing a rank in the top ten in the National Institutional Ranking Framework (NIRF) India Rankings 2023, announced by the Education Ministry of India, Government of India, on June 5, 2023. This year, IIM Indore has received the eighth position, maintaining its position in the top ten schools in the management category. Dr. Rajkumar Ranjan Singh, Minister of State for Education and External Affairs, unveiled the report during the eighth edition of the ranking, which saw the participation of 8,686 institutes. IIM Indore continues solidifying its reputation as a leading management institution in the country.
The NIRF ranking is based on a comprehensive evaluation of five parameters, including Teaching, Learning, and Resources; Research and Professional Practice; Graduation Outcomes; Outreach and Inclusivity; and Peer Perception. These rankings reflect the institute’s dedication to delivering high-quality education and fostering an environment conducive to academic growth and innovation.
Prof. Himanshu Rai, Director, IIM Indore, expressed his delight over the eighth rank. “We are delighted to maintain our position in the top 10 in the NIRF India Rankings 2023, reaffirming our commitment to excellence in management education. Our overall score has increased from 70.66 last year to 71.95 this year”, he said. IIM Indore’s success extends beyond national recognition, as evidenced by our impressive rankings on international platforms. In the academic year 2022-23, with a 26th rank among top business schools in Asia in the QS World University Rankings, we have also secured a coveted 89th rank in the Top 100 FT Rankings for our flagship Executive Post Graduate Programme in Management (EPGP). Last year, IIM Indore also secured the 2nd Rank among all B-Schools in India in the Eduniversal 4 Palmes Rankings 2022, specifically in the ‘Top Business School with Significant International Influence’ category. “These achievements inspire us to work even harder as we continue to strive for excellence and aim for higher national rankings. Together, we are dedicated to shaping a brighter future in management education”, added Prof. Rai. The Institute also has numerous MoUs with educational institutions, government bodies, and PSUs, demonstrating IIM Indore’s commitment to the nation’s and society’s welfare. As the institute continues its transformative journey, Prof. Rai expressed gratitude to the entire IIM Indore community for their unwavering dedication, with the aspiration to achieve even greater heights in the future.
Over the years, the NIRF rankings have expanded to encompass a broader range of categories, recognizing excellence in various fields. In 2022, there were only four categories: Overall, Colleges, Universities, and Research Institutions, and seven subject domains: Engineering, Management, Pharmacy, Law, Medical, Architecture, and Dental. However, this year, NIRF has added one new discipline – Agriculture and Allied Sectors. Each category has its own set of parameters and weighted averages tailored to assess the specific strengths and achievements of the participating institutes.
As IIM Indore remains determined to achieve remarkable milestones, it remains steadfast in its pursuit of academic excellence, innovation, and industry-relevant research. The institute aims to continue shaping leaders who can navigate complex business landscapes with skill and integrity, contributing to the growth and progress of the nation and the global business community.