IIMA, ISB climb up FT Global MBA rankings; IIMB slips
Premier B-schools like Indian Institute of Management Ahmedabad (IIM-A) and Indian School of Business (ISB), Hyderabad have climbed up slightly from their current positions to higher ranks in the Financial Times (London) Global MBA Ranking-2015.
Hyderabad: Premier B-schools like Indian Institute of Management Ahmedabad (IIM-A) and Indian School of Business (ISB), Hyderabad have climbed up slightly from their current positions to higher ranks in the Financial Times (London) Global MBA Ranking-2015.
However, Indian Institute of Management Bangalore, which secured a place in the chart at the 68th position last year, has slipped to 82.
IIM-A moved to 26th rank in the recent ranking from 30 in 2014, while ISB climbed to 33rd position in 2015 from 36 in 2014, according to the FT rankings.
The ranking was topped by Harvard Business School for the sixth time, while London Business School has continued its climb up the chart with second rank.
"The ranking is based on surveys of the business schools and their graduates of 2011. MBA programmes are assessed according to the career progression of alumni, the school`s idea generation and the diversity of students and faculty," FT said on its website.
MBA students` main motivations are to increase their earnings, to learn about general management and to network. About 95 percent achieved their aims three years after graduation. Average alumni salary at that point is USD 133,000, an increase of 93 percent on pre-MBA pay. Some 89 percent of graduates accepted a job offer within three months of completing their MBA in 2011, drawing an average salary of USD 108,000, it further said.
"We are happy that ISB continues to be ranked among the top schools. We are confident that with a stronger faculty team and an impressive alumni performance, ISB's ranking will improve in the years to come," Ajit Rangnekar, Dean, ISB told a news agency.
The average salary of an ISB alumnus three years after graduation stood at USD 126570, while the same for IIM-A was recorded at USD 169470. IIMB`s figure was put at USD 134538.
The average alumni salary three years after graduation for Harvard Business School stood at USD 180183.