Private Indian B-Schools such as SPJIMR, XLRI, and MDI have established themselves as leading management institutes in India and have gained a reputation for providing quality education and producing industry-ready graduates.
When compared to the older IIMs (IIMs A, B, and C), these private B-Schools can be considered as strong contenders. Here are a few points to help you understand where they stand in comparison:
In the long run, it's difficult to predict which institute will come out on top as both private B-Schools and IIMs are constantly evolving and adapting to the changing demands of the industry. Private B-Schools are known for their agility and flexibility in adapting to the changing demands of the industry, while IIMs are known for their strong alumni network and research-oriented approach.
SPJIMR, XLRI, and MDI are all excellent business schools that are equivalent to the IIMs. XLRI is only a few points behind IIMC. SPJIMR leads XLRI by a margin.
These institutions have the potential to be on par with the top three IIMs in the long run. Beating the top three will take time, and it may not be attainable, given that the top three have been around for a long time and continue to improve each year.
IIM A, B, C have a lot of elements that contribute to the institute's reputation, the most important of which is placements. This draws in high-quality students every year. For a student who has the option, IIM A, B, and C would be the first choices.
IIM A, C is 50 years old, with IIM B being 40 years old, resulting in an excellent alumni base and excellent placements. While SPJIMR and MDI are also excellent, they rank significantly lower in the perceptions of recruiters. XLRI is on par with the IIMs in terms of quality, although it is better known for marketing and human resources. It’s hard to tell what will happen in the long term.ji