IIM-A and ISB Among the Top 20 B-Schools Globally

By Siliconindia   |   Tuesday, 31 January, 2012   |    1 Comments
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Bangalore: IIM-A [Indian Institute of Management- Ahmadabad] has been successful in retaining its 11th position in the Global MBA Rankings conducted by the London based Financial Times newspaper for the year 2012. Even though the Indian School of Business, Hyderabad [ISB] is among the Top 20 B-Schools across the globe, it has landed up exactly at the 20th place, which means it has lost seven places [It was in the 13th place in the last years ranking] from that of last year’s ranking. And also it has remained impressive, though it has shared its position with two other schools namely the Yale School of management and University of Oxford.

For the first time from the past 2 years ranking, Stanford Graduate School of Business, U.S.A. has been successful in acquiring the top position in this year’s ranking by pushing back the London Business School which had conquered the top position from the past 2 years. London Business School this year has been dropped down for the fourth position.

Ajit Ragnekar, Dean of ISB has responded that the seven position drop of their School has not bothered him, as the rankings are based on parameters which are not in their control. Adding, he has also told that all the top 100 B-schools ranked, are all the world-class B-Schools and it is good to be in the top set, reports the Economic Times.

It is also reported that, though the IIM-A is ranked 11th in the overall ranking, the IIM-A graduates, after three years of their pass out, were successful in earning the fourth highest salary and were also able to enjoy the best career progress.

Several parameters were taken into account while ranking the institutions, among them were, weighted salary- which indicates the salaries adjusted through various sectors; salary increase- increase in salary before doing a MBA course and after doing the course in the respectable B-Schools; value of money- worth spending on the course like the course length, fees and other related costs; careers- indicates the growth of the students in their companies after completing the course; aims achieved- it indicates whether the students aims were achieved or not in their career after the completion of the course; recommends- means from which three B-Schools the graduates would prefer to hire the MBA graduates, etc.

At the individual level ranking, even though IIM-A was ranked the 11th, it was this school which topped the list when it came to the career progress. More number of graduates achieved higher position after completing their MBA course from this B-School. This was for the second time IIM-A had entered the Global MBA Rankings. Before it entered with its one year post-graduate program for executives last year, it was the Indian School of Business which was the only Indian institute on the rankings.

If you observe this year’s ranking, all the top three positions are acquired by the U.S based B-schools with Stanford Graduate School of Business topping the list followed by Harvard Business School and University of Pennsylvania: Wharton which have acquired the 2nd and 3rd positions respectively.

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Reader's comments(1)
1: congrats IIM-A and ISB
Posted by:deepa - 31 Jan, 2012