4 IIMs, ISB in top 100 B-schools globally
In the latest Financial Times’ Global MBA Ranking 2021, the Indian School of Business (ISB) has been ranked 23 in the world. ISB made the mark based on its consistent performance and salaries offered by companies. It may be noted that ISB was ranked number one in India and third in Asia. Another reason for the top rank is career service rank on year.
Five Indian business schools including four Indian Institutes of Management (IIMs) have found a place in the top 100 schools in Financial Times’ Global MBA Ranking 2021.
The rankings were released on Monday and IIM Bangalore 35, IIM Calcutta and IIM Ahmedabad 44 and 48, and IIM Indore was ranked in 94 position. While IIM Indore entered the top 100 list for the first time, ISB improved four positions and IIM-A climbed 13 places. But IIM Calcutta dropped two spots and IIM Bangalore dropped eight spots.
INSEAD, based in France and Singapore, topped the ranking, followed by London Business School and Chicago: Booth School of Business.
The academia takes the ranking seriously as it is based on good yardsticks that include quality of management study, business ratings, salary offering and number of research papers published. The diversity of students is another parameter that is looked into.
Last year Harvard, Stanford and Wharton did not participate citing the coronavirus pandemic.
IIM Calcutta said it performed well in career progress, female student percentage and international makeup of faculty.
“The global education sector was shocked to the core in the wake of the pandemic in 2020. The physical education delivery model as we knew it came to a standstill and most countries like ours are still struggling to get back on their feet and bring students back to physical classrooms safely. However, we emerged strongly in adversity by introducing a blended model for learning continuity. Education in the new normal will be about resilience and non-stop learning,” Anju Seth, director, IIM Calcutta, said by email.