ï»żï»żï»żï»żWhy Pursue an MBA from Top B-Schools in India in 2025?
India's management education ecosystem is a global powerhouse, producing over 500,000 MBA graduates annually. In 2025, the sector is projected to grow at 12% CAGR, fueled by India's GDP crossing $4 trillion and a burgeoning startup scene valued at $500 billion. An MBA from a premier B-school isn't just a degreeâit's a launchpad for C-suite roles, with average salaries hitting INR 25-35 LPA and top packages exceeding INR 1 crore.
Key benefits include
Holistic Skill Development: Beyond core subjects like finance, marketing, and operations, modern curricula integrate data analytics, sustainable business practices, and leadership ethicsâtrending keywords for 2025 hires. Beyond core subjects like finance, marketing, and operations, modern curricula integrate data analytics, sustainable business practices, and leadership ethicsâtrending keywords for 2025 hires
Networking Goldmine: Access to alumni networks spanning Fortune 500 CEOs, fostering mentorship and opportunities.
Global Exposure: Collaborations with Harvard, Wharton, and INSEAD offer exchange programs, aligning with the push for international MBA trends.
High ROI Potential: Institutions like FMS Delhi boast ROI over 1,400%, making them accessible gateways to elite careers.
However, challenges persist: intense competition (CAT 2025 sees 3 lakh+ aspirants), rising fees (INR 20-25 lakhs for top programs), and evolving job markets demanding tech-savvy managers. Choosing wiselyâfactoring rankings, placements, and specializationsâcan mitigate these. As per Business Today 2025 rankings, top B-schools prioritize "future readiness," blending AI, ESG (Environmental, Social, Governance), and agile leadership.
In this guide, we'll explore criteria for selection, spotlight NIRF 2025 toppers, and provide actionable tips. By the end, you'll be primed for CAT 2025 prep and applications.
Criteria for Choosing the Best Management Colleges in India
Selecting the best MBA college in India requires a multi-faceted approach. No single metric suffices; instead, align choices with your career goals, budget, and risk appetite. Here's a breakdown of essential factors, informed by 2025 trends:
1. Rankings and Accreditation
Rankings like NIRF, QS Global MBA, and Financial Times 2025 offer benchmarks. NIRF, released September 2025, evaluates on five pillars: Teaching/Learning/Resources (30%), Research/Professional Practice (30%), Graduation Outcomes (20%), Outreach/Inclusivity (10%), and Perception (10%). Top NIRF-ranked MBA colleges like IIM Ahmedabad score 80+ overall.
Pro Tip: Cross-reference with FT 2025, where ISB Hyderabad ranks #27 globally, emphasizing employability.
Trending: Sustainability scores now influence 15% of NIRF weights, favoring eco-conscious B-schools.
2. Placements and ROI
Placement records are the ultimate litmus test. In 2025, amid economic recovery, average CTCs rose 15% to INR 28 LPA, per MBAUniverse.com. Focus on median salaries (less skewed than averages) and sector diversity.
Insight: Private colleges like Great Lakes Chennai excel in niche roles (e.g., analytics), while IIMs dominate consulting.
3. Fees and Financial Aid
Fees range from INR 2 lakhs (government) to INR 27 lakhs (private). Calculate ROI: (Average Salary x 3 years - Fees) / Fees x 100. Scholarships, based on merit or diversity, cover 20-50% at IIMs.
Trending Keyword: "Affordable MBA colleges in India 2025" surges with options like Jamia Millia Islamia (INR 2.5 lakhs).
4. Admission Process and Cutoffs
CAT dominates (accepted by 90% of top colleges), with 2025 cutoffs at 98-99 percentile for IIMs. Alternatives: XAT for XLRI (95+), NMAT for NMIMS (200+ score).
Stages: Entrance (70% weight), WAT/GD/PI (20%), Profile (10%âacademics, work ex).
2025 Trend: Holistic scoring favors diversity (gender, non-engineers).
5. Curriculum and Specializations
Core MBA: 2 years, with electives in Year 2. Hot specializations: Digital Marketing, Business Analytics, FinTechâdriven by 2025's AI boom.
Experiential Learning: Case studies (IIM style), internships (6-8 weeks), live projects.
Faculty: Look for PhD holders with industry stints; student-faculty ratio <1:15.
6. Infrastructure and Location
Modern campuses feature AI labs, incubation centers, and global libraries. Tier-1 cities (Delhi, Mumbai) offer networking; Tier-2 (Kozhikode) provide focus.
Inclusivity: Gender ratio >30%, international students >5%.
7. Alumni and Industry Ties
Strong networks yield 70% of jobs. Check LinkedIn for alumni in target roles.
By weighting these (e.g., 40% placements, 20% fees), create a personalized scorecard.
Top 10 Management Colleges in India: NIRF Rankings 2025 Spotlight
Based on NIRF 2025 (released September 4), IIMs dominate, but non-IIMs like IITs shine. Here's an in-depth look at the top 10, with fees, cutoffs, placements, and unique edges.
1. IIM Ahmedabad (NIRF Rank 1, Score: 83.70)
Established 1961, IIM-A's PGP (MBA equivalent) is legendary for case-method teaching. Fees: INR 24.41 lakhs. CAT Cutoff: 99+ percentile. Placements 2025: Avg CTC INR 34.36 LPA; Highest INR 1.15 Cr (domestic). 100% placement with BCG, Goldman Sachs. Edge: Global immersion; alumni include Sundar Pichai. Ideal for strategy consultants.
2. IIM Bangalore (NIRF Rank 2, Score: 81.85)
FT 2025 Global #57. EPGP for executives. Fees: INR 24.50 lakhs. Cutoff: 99 percentile. Placements: Avg INR 35.92 LPA; Highest INR 1.33 Cr. Recruiters: Accenture, KPMG. Edge: NSRCEL incubator; strong analytics focus. Perfect for tech-savvy leaders.
3. IIM Kozhikode (NIRF Rank 3, Score: 77.90)
Rising star since 2023. Fees: INR 20.50 lakhs. Cutoff: 97 percentile. Placements: Avg INR 31.02 LPA; Highest INR 67 LPA. Edge: Campus nestled in Western Ghats; emphasis on sustainability. Suits eco-conscious managers.
4. IIM Calcutta (NIRF Rank 4, Score: 76.48)
Finance powerhouse. Fees: INR 27 lakhs. Cutoff: 99 percentile. Placements: Avg INR 35.07 LPA; Highest INR 1.15 Cr. Edge: CEMS alliance for global MBA. Top for investment banking.
5. IIT Delhi - Department of Management Studies (NIRF Rank 5, Score: 74.18)
Tech-MBA hybrid. Fees: INR 11 lakhs. Cutoff: CAT 98 percentile. Placements: Avg INR 25.82 LPA; Highest INR 43 LPA. Edge: Integration with IIT ecosystem; ideal for operations/tech roles.
6. IIM Lucknow (NIRF Rank 6, Score: 72.91)
ROI king. Fees: INR 20.75 lakhs. Cutoff: 97 percentile. Placements: Avg INR 32.20 LPA; Highest INR 1.23 Cr. Edge: IPMX for working pros; strong public policy track.
7. IIM Indore (NIRF Rank 7, Score: 71.85)
Integrated Program in Management. Fees: INR 21.71 lakhs. Cutoff: 97 percentile. Placements: Avg INR 30.21 LPA; Highest INR 1.09 Cr. Edge: Himalaya trek for team-building; entrepreneurship focus. 8. XLRI Jamshedpur (NIRF Rank 8, Score: 70.12)
Integrated Program in Management. Fees: INR 21.71 lakhs. Cutoff: 97 percentile. Placements: Avg INR 30.21 LPA; Highest INR 1.09 Cr. Edge: Himalaya trek for team-building; entrepreneurship focus.
8. XLRI Jamshedpur (NIRF Rank 8, Score: 70.12)
HR/ethics specialist. Fees: INR 25.60 lakhs. XAT Cutoff: 95 percentile. Placements: Avg INR 32.70 LPA; Highest INR 75 LPA. Edge: BIM program; Unilever Future Leaders' League.
9. IIT Bombay - Shailesh J. Mehta School (NIRF Rank 9, Score: 69.45)
Innovation hub. Fees: INR 14.50 lakhs. Cutoff: CAT 98 percentile. Placements: Avg INR 28.01 LPA; Highest INR 54 LPA. Edge: SINE incubator; tech entrepreneurship.
10. MDI Gurgaon (NIRF Rank 10, Score: 68.92)
New entrant to top 10. Fees: INR 24.16 lakhs. Cutoff: CAT 95 percentile. Placements: Avg INR 27.67 LPA; Highest INR 60 LPA. Edge: PGP-BA in analytics; Deloitte ties.
These top B-schools in India 2025 reflect NIRF's evolution, with IITs gaining on research metrics. For full list, NIRF bands 11-20 include SPJIMR (11), IIM Trichy (15).
Beyond the Top 10: Emerging and Regional Gems
While elites dominate, 2025 highlights accessible options. Private standouts: SPJIMR Mumbai (BT Rank 4; social impact focus), NMIMS Mumbai (fees INR 22 lakhs; avg CTC INR 26 LPA). Government: FMS Delhi (fees INR 2 lakhs; ROI 1,469%; CAT 98 cutoff).
Regional picks:
South: IIM Kozhikode, Great Lakes Chennai (fees INR 17 lakhs; analytics edge).
East: IIM Calcutta, IMI Kolkata.
West: IIM Indore, SIBM Pune (SNAP-based; fees INR 22 lakhs). IIM Indore, SIBM Pune (SNAP-based; fees INR 22 lakhs).
North: MDI Gurgaon, IMT Ghaziabad.
For low-fee wonders: Jamia Millia (INR 2.5 lakhs), VGSoM IIT Kharagpur (INR 5 lakhs). Online MBAs from UPES, Amity trending for working pros.
Special shoutout to women-friendly B-schools: 40% female intake at IIMs via supernumerary seats.
How to choose the right B-school for you
Define your career objective. Consulting/finance vs. product/tech vs. entrepreneurship â different schools excel in different placements.
Consider ROI. Compare fees vs. median package. FMS Delhi often leads in ROI due to low fee structure with high placements.
Look at specializations and electives. If you want analytics, prioritize institutes with strong data science or analytics labs and faculty.
Check internship and placement reports. Real data on recruiters, average stipend for summer internships, and sector-wise placement split.
Campus culture & location. Mumbai and Delhi NCR provide major industry access; however, the brand of top IIMs overshadows location for many roles.
Alumni network: Powerful alumni networks open doors in consulting, finance, and entrepreneurship.
Admissions fit: If you have weak CAT/XAT scores but strong profile and work experience, consider institutes with higher weightage on PI or essays (ISB, SPJIMR, NMIMS).
As a student gearing up for MBA admissions in the 2026 cycle (with entrance exams kicking off from late 2025), you're entering one of the most competitive yet rewarding phases of your career. With CAT, over 3 lakh aspirants vying for limited seats in top B-schools, success demands a structured, proactive approach. CAT 2025 just concluded on November 30, 2025âconducted by IIM Kozhikode in three slots with the familiar pattern: Verbal Ability and Reading Comprehension (VARC: 24 questions), Data Interpretation and Logical Reasoning (DILR: 20 questions), and Quantitative Ability (QA: 22 questions), totaling 66 questions in 120 minutes (40 minutes per section). If you appeared, focus now on analyzing your performance via official answer keys (released soon) and preparing for shortlists. If you missed it or are planning retakes, alternatives like XAT 2026 (January 4, 2026) are still open for registration until December 5, 2025.
This playbook is tailored for youâthe fresh graduate, working professional, or non-engineer seeking diversity points. We'll break it down into entrance exams, profile building, post-exam stages, and 2025-26 twists like AI-proctored elements. Aim for 98+ percentile in CAT for IIM calls; balance with 2+ years of quality work experience (weighted 10-20% at most IIMs). Track deadlines religiouslyâuse apps like Todoist or Google Calendar. Let's turn preparation into admission offers.
Entrance scores carry 50-70% weight in initial screening. Prioritize based on your target colleges: CAT for IIMs/FMS, XAT for XLRI, etc. Start prep 6-12 months out; dedicate 4-6 hours daily if working.
CAT (Primary for IIMs, IITs, MDI, SPJIMRâAccepted by 1,300+ Colleges) If you took CAT 2025 (registration closed September 20, 2025; admit cards from November 5), mock analysis is key now. For retakers or alternatives: Focus on basicsâarithmetic/algebra (QA), reading comprehension/parajumbles (VARC), puzzles/caselets (DILR). Take 1-2 full-length mocks weekly (aim 50+ attempts with 90% accuracy for 99 percentile). Resources: Arun Sharma books, official IIM mocks, coaching like TIME/IMS/Career Launcher (online batches ~INR 30,000-50,000). Speed tip: Practice under timed conditions; learn shortcuts for QA (e.g., Vedic math). Non-engineers: Leverage VARC strength for balance.
XAT (For XLRI, XIMB, IMTâ160+ Colleges; Registration Open Till Dec 5, 2025) Exam on January 4, 2026 (3.5 hours, ~100 questions). Unique Decision Making (DM) section (20-25 behavioral/ethical cases)âpractice from previous papers (e.g., stakeholder dilemmas). Sections: VALR, DM, QA-DI, GK (no negative for GK). Target 95+ percentile. Prep: Solve 50+ DM cases; read editorials for ethics. Resources: XLRI mocks, HitBullsEye.
GMAT/GRE (For ISB, NMIMS, Executive Programs; Valid 5 Years) Ideal for 3+ years work ex or international aspirations. GMAT Focus Edition (2 hours 15 min; sections: Quant, Verbal, Data Insights; score 205-805). GRE (adaptive; Quant/Verbal). Book slots flexibly via mba.com or ets.org (~INR 22,000). Prep: Official guides, Manhattan Prep. ISB values 700+ GMAT.
Other National/State Exams (For Tier-2 Colleges like SIMSR, Welingkar)
NMAT (Window: Nov 5-Dec 19, 2025; retake up to 3 times; adaptive).
SNAP (Dec 2025 dates TBA; 60 questions, 1 hour).
CMAT/MAT/ATMA (Multiple slots year-round; easier, for 500+ colleges). Strategy: Take 2-3 for safety net. Fees: INR 1,000-2,500.
Pro Tip for Students: If working, join weekend batches. Track progress with percentile predictors post-mocks.
B-schools seek well-rounded leaders. Start nowâprofile evaluation starts post-shortlist but builds over months.
Internships and Projects: Quality over quantity. Secure 2-3 month stints via LinkedIn/Internshala (e.g., marketing at startups). Quantify impact: "Increased social media engagement 40% via targeted campaigns." Live projects: Contribute to open-source or family business analytics.
Work Experience: Crucial for ISB/IIM executive tracks (min 2 years). Highlight leadership: Promotions, team management, P&L responsibility. Freshers: Focus on academics (85%+ in 10th/12th/grad) and certs (Google Analytics, CFA Level 1).
Extracurriculars and Leadership: Captain sports team? Founded NGO? Volunteer 100+ hours. Entrepreneurship: Pitch startup ideas on Shark Tank-style platforms. Diversity: Women/non-engineers get 5-10 points boost.
Essays and SOP: Post-shortlist, 1-2 page narratives. Be authentic: "Why MBA? (Bridge skill gaps for consulting role at McKinsey)." Link to college: "IIM Bangalore's analytics focus aligns with my AI project." Draft 5 versions; get mentor feedback.
Student POV: Update LinkedIn weekly; network with alumni via coffee chats. Certifications: Coursera (IBM Data Science) add edge.
Shortlists out Dec 2025-Jan 2026; GD/PI/WAT Feb-April 2026.
Mock Interviews: 10+ sessions with alumni (via SuperGrads/InsideIIM) or AI tools like Tough Tongue AI. Practice video recordings.
Current Affairs/Sector Knowledge: Read The Hindu/Economic Times daily. Know targets: Finance? Understand RBI policies. Prep ethical dilemmas (e.g., "AI job displacementâyour view?").
Behavioral Stories: Use STAR for 10 stories (e.g., "Led team through crisisâSituation: Deadline miss; Task: Motivate; Action: Delegated; Result: Delivered 2 days early").
GD/WAT: 15-20 min topics (e.g., "ESG in India"). Structure: Intro, pros/cons, conclusion. WAT: 200-300 words on abstracts.
2025-26 Twists: AI-proctored PIs (e.g., NMIMS uses sentiment analysis for confidence/mood). Practice neutral expressions; prepare for hybrid formats. Focus ethics/AI (e.g., "Bias in algorithms").
Now (Dec 2025): Analyze CAT; register XAT/NMAT if needed. Build profile.
Jan-Feb 2026: GD/PI prep; apply to colleges post-shortlist.
March-April: Interviews; accept offers (fees deposit by May).
Alternatives if Low Scores: Executive MBAs, online programs (upGrad/XLRI).
Budget:Prep ~INR 50,000; applications ~INR 2,000-3,000 per college. Scholarships: Merit (up to 100% at IIMs for low-income).
Student Success Mantra: Consistency beats intensity. Join study groups; track health. With 42% female intake rising and AI trends, showcase adaptability. Your dream B-school awaitsâstart today!
Specializations: Tailoring Your MBA for 2025 Careers
MBA isn't one-size-fits-all. Trending specializations:
Finance: Top recruiters: Investment banks, private equity, corporate finance departments. Best colleges: IIM A, C, B, FMS, SPJIMR; salary INR 30 LPA+.
Consulting: Top recruiters: MBB and boutique consultancies. Best colleges: IIM A/B/C, ISB, XLRI, JBIMS.
Marketing: Top recruiters: FMCG and digital marketing agencies. Best colleges: IIMs, MICA (communication), SPJIMR; digital focus; avg INR 25 LPA.
Analytics & Data Science: Top recruiters: Tech firms, analytics consultancies. Best colleges: IIMs with analytics centers, Great Lakes, IITs with management programs, highest growth (20% YoY).
Operations/Supply Chain: IIT Delhi; post-pandemic boom.
HR: Best colleges: XLRI, TISS, some IIMs (with HR electives), PGDHRM; INR 28 LPA.
Entrepreneurship: Look for strong incubation centres, seed funding, startup networks â IIMs, ISB, SPJIMR, and select private universities stand out.
Dual specializations rising; e.g., FinTech at ISB.
Placements: What to expect
Placement statistics vary by school and year, but common patterns hold:
IIMs & XLRI: High consulting and finance recruitment, average packages often crossing INR 25-30 LPA for top IIMs, with highest packages significantly higher.
ISB: One-year MBA average often competitive due to experienced cohort.
FMS and select private schools: Exceptional ROI; FMS often posts high average packages with very low tuition.
Key sectors recruiting from Indian B-schools:
Management consulting (McKinsey, BCG, Bain)
IT & product companies (Google, Amazon, Microsoft)
BFSI firms (JPMorgan, Goldman Sachs, Kotak)
FMCG & consumer brands (HUL, P&G)
Startups and unicorn ecosystems (if entrepreneurship is your goal)
Fees and scholarships
Fees vary widely:
IIMs: Tuition for flagship two-year programs ranges from roughly INR 15â30 lakh depending on institute and batch.
ISB: One-year program fees are comparable or higher on a per-year basis.
Public/low-cost options: FMS Delhi and many government-affiliated programs offer excellent ROI with low fees.
Private colleges: NMIMS, SPJIMR, etc., may charge mid- to high-range tuition but often provide scholarships based on merit or need.
Look for:
Merit scholarships, need-based grants, and company-funded scholarships.
Fee waivers for economically disadvantaged candidates.
Education loans and loan partnerships disclosed on institutional websites.
Campus life & student experience
Beyond placements, campus life shapes your leadership, network, and soft skills:
Clubs and committees: Marketing, finance, consulting, analytics clubs lead workshops and corporate connects.
Conclaves and fests: B-schools host events that attract recruiters and speakers.
International exchange programs: Many top institutes have MoUs for exchange semesters with European and US partner universities.
Student startups & incubators: If entrepreneurship matters, check incubator funding, mentorship, and success stories.
International exposure
Programs increasingly offer:
Exchange semesters
Global immersion programs
International internships
Partnerships with business schools abroad
ISB, IIMs, and other top institutes commonly provide such exposure.
Future Trends in Indian Management Education
The Indian management education landscape is undergoing its most profound transformation since the establishment of the first IIMs. By 2025â2026, the following six megatrends will completely reshape how MBA programs are designed, delivered, and valued by recruiters:
AI-Native and Gen-AI Integrated Curricula Artificial Intelligence is no longer an electiveâit is becoming the backbone of management education. IIM Bangalore, IIM Ahmedabad, and ISB have already launched mandatory courses on Generative AI for Strategy, AI-Driven Decision Making, and Prompt Engineering for Leaders. By 2026, over 70% of top-20 B-schools will have dedicated AI & ML labs and compulsory credit requirements in AI ethics, algorithmic bias, and AI-augmented operations. Students will graduate with portfolios that include live AI projects (e.g., building predictive pricing models or AI-powered customer sentiment dashboards).
ESG and Sustainability as Core (Not Elective) NIRF 2025 has increased the weightage of âOutreach & Inclusivityâ and introduced a separate sustainability perception parameter. From the 2025â27 batch onwards, every flagship PGP/PGDM program will have at least 6â8 credits dedicated to ESG frameworks, carbon accounting, circular economy, and sustainable finance. IIM Lucknow and SPJIMR Mumbai have already made Net-Zero Strategy a compulsory capstone. Recruiters like Unilever, Tata Group, and Aditya Birla now ask ESG-related questions even in first-round interviews.
Hybrid, Phygital, and Metaverse-Enabled Learning The pandemic accelerated blended learning, but 2025 is taking it to the next level. IIM Bangaloreâs âMeta-IIMâ initiative allows students to attend case discussions inside virtual replicas of Harvard-style amphitheatres using Oculus/Meta Quest devices. XLRI and MDI Gurgaon have launched âphygital twinâ campuses where rural and international students join live classes through holographic faculty projections. By 2027, at least 30â40% of elective courses in top B-schools will have a metaverse or VR component.
Sharp Rise in International Student Intake and Dual-Degree Pathways Thanks to NEP 2020 and aggressive global partnerships, top Indian B-schools are targeting 15â20% international students by 2030 (up from ~4% in 2023). IIM AhmedabadâHEC Paris, IIM BangaloreâNUS, and ISBâWharton/Kellogg dual-degree programs are expanding seats. New tie-ups with London Business School, ESSEC Singapore, and Melbourne Business School will allow students to spend one full year abroad and earn two MBA degrees in 24â28 months.
Micro-Credentials, Stackable Degrees, and Lifelong Learning Ecosystems Traditional two-year MBAs will coexist with 9â18 month âExecutive Masterâs in Specialised Managementâ (e.g., Masterâs in FinTech from NMIMS, Masterâs in Sustainable Business from Great Lakes). Platforms like IIMBx, ISB Online, and upGrad (in partnership with XLRI & MICA) are offering nano-degrees and micro-credentials that can be stacked toward a full MBA later. Companies such as Deloitte and Accenture now accept these micro-credentials for lateral hires at manager level.
Outcome-Based Hiring: Focus on âProof of Skillâ Over Pedigree Recruiters are moving from âwhich IIMâ to âwhat can you build?â Portfolios, GitHub repositories of analytics projects, published case solutions, and recorded pitch videos are becoming mandatory submission items during placements. This shift is democratising accessâstudents from IIM Kozhikode, IIM Udaipur, and even newer IIMs are beating older IIM candidates because of superior demonstrable skills in AI, blockchain, and sustainability consulting.
In short, the MBA of 2030 from an Indian B-school will be globally benchmarked, technology-first, sustainability-driven, and far more flexible than anything we have seen before. Institutions that adapt fastestâIIM Bangalore, ISB, SPJIMR, and the IIT-DoMS clusterâare already pulling away from the rest of the pack. Aspiring managers who align their preparation with these trends today will have a decisive edge tomorrow.
Conclusion: Your Path to B-School Success
The best management colleges in India 2025 blend legacy with innovation, promising transformative journeys. Prioritize fit over prestigeâyour profile and passion matter. Start CAT prep today; the race to IIMs awaits. With diligence, 2025 could redefine your legacy.
Empower your futureâchoose wisely, lead boldly.
Frequently asked questions
Q: Is CAT the only way into top B-schools?
A: No. While CAT is primary for IIMs, other entrance paths include XAT, GMAT, GRE, and institute-specific tests. ISB uses GMAT/GRE and a unique application evaluation process.
Q: Should I prefer brand over specialization?
A: It depends. For consulting or top-tier finance, brand matters more. For niche specializations (analytics, marketing communications), program fit and faculty can be more valuable.
Q: Is an MBA worth it today?
A: If it accelerates your career goals, provides access to targeted recruiters, or enables a pivot to high-growth domains, it can be worthwhile. ROI calculations and personal goals determine that.
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