The National Institutional Ranking Framework (NIRF) was established by the Ministry of Human Resource Development in September 2015. This framework outlines a methodology to rank institutions across the country according to parameters covering: Teaching, Learning and Resources; Research and Professional Practice; Graduation Outcomes; Outreach and Inclusivity; and Perception.
The first rankings were announced by the MHRD on April 4th, 2016. IIM Udaipur is ranked 5th among all Indian management institutions. Only IIM Bangalore, IIM Ahmedabad, IIM Calcutta and IIM Lucknow ranked higher.