IIM Bangalore, Ahmedabad, Calcutta feature among top Indian B-schools in QS Global MBA Rankings 2027
In the recent QS Global MBA and Business Master’s Rankings 2027 released on September 16, 2026, nineteen Indian business schools have made it to the list. Three Indian Institutes of Management (IIMs) have secured places among the world’s top 100 MBA institutions. According to a Press Trust of India report, the decline is because they have lower scores on value for money and financial returns.
These three IIMs are the only Indian institutions that are ranked in the global top 100 for MBA programmes, but all three have slipped in their overall rankings. IIM Bangalore ranked joint 64th globally, which is down by 12 places when compared to last rankings. IIM Ahmedabad, on the other hand, also fell 12 positions to joint 70th rank. Meanwhile, IIM Calcutta has dropped 31 places to score a 95th rank.
These rankings have reviewed 420 MBA programmes across 65 countries and territories around the world. Five new institutions from India have been added to the list. The new additions include OP Jindal Global University, Jaipuria Institute of Management, CHRIST (Deemed to be University), Manav Rachna International Institute of Research and Studies, and Vikrant University, Gwalior.
QS World University Global MBA Ranking 2027 | ||
|---|---|---|
Rank | Institution | Score |
1 | MIT (Sloan) | 100 |
2 | Harvard Business School | 99.1 |
3 | Stanford Graduate School of Business | 98.6 |
4 | Penn (Wharton) | 98.5 |
5 | Cambridge (Judge) | 98.1 |
6 | HEC Paris | 97.8 |
7 | Oxford (Said) | 97.6 |
8 | INSEAD | 97.5 |
9 | London Business School | 97.4 |
10 | Chicago (Booth) | 95.9 |
In the overall QS Global MBA and Business Master’s Rankings, India has 28 institutions which are have been ranked in different categories.
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IIMs score strongly on employability
Based on the latest rankings announced, eight of the 14 Indian MBA schools have moved down to a lower rank or band, while only six maintained their earlier positions. None of the older entries have improved their overall ranking, but the three leading IIMs have performed well on employability.
IIM Bangalore has secured a 29th global rank on this indicator, followed by IIM Ahmedabad at 35th and IIM Calcutta at 39th position. In the Business Master’s in Business Analytics category, IIM Bangalore also ranked 16th globally for employability.
PTI reports that the value-for-money scores have declined. IIM Bangalore’s score dropped from 91 to 57.4, while IIM Ahmedabad’s fell from 88.9 to 60.5 and IIM Calcutta’s reduced from 78.9 to 53.3. QS has clarified that these are comparative ranking scores and do not mean a direct fall in graduates’ salaries.
Nunzio Quacquarelli, QS president, said the Indian business schools in the rankings are increasing, and that reflects their global reputation is increasing. Though he said that, Indian business schools still face tough competition from global institutions with respect to jobs, entrepreneurship and the success of the alumni.