Which are the world’s 10 best business schools for MBA in India and the world according to Financial Times of India
Financial Times has released its list of the world’s top 100 MBA institutes, and Indian School of Business (ISB) and several Indian Institutes of Management (IIMs) have secured their place in the rankings. ISB retained its No. 1 position when it comes to B-schools in India and its Post Graduate Programme (PGP) continues to be ranked No. 1 in India in the FT Global MBA Ranking 2023.
According to the rankings, ISB is the only Indian B-school in the top 50 worldwide and has been ranked No. 6 in Asia. The IIMs at Ahmedabad, Bangalore, Calcutta, Indore, and Lucknow have also featured in the list.
While ISB slipped to 39th rank from 32nd in 2023, the IIMs at Indore and Lucknow secured their place in the chart. IIM Ahmedabad improved its position to 51 from 62 in 2022. The consistent performance of ISB in these rankings over the years has made it one of the best business schools in the world.
Prof Ramabhadran Thirumalai, Deputy Dean – Academic Programmes, ISB, said that the ranking bears testimony to the school’s constant endeavour to offer its students a research-backed curriculum and cutting-edge pedagogy delivered by faculty who are thought leaders in their areas. He added that the top ranking also points to how well ISB’s alumni are doing in their careers after they graduate from the school.
The Financial Times Global MBA Ranking is one of the most prestigious rankings in the world, and it considers various factors such as the salaries of alumni, the diversity of the student body, the research output of the school, and the quality of teaching and faculty. The rankings help prospective MBA students to choose the best business schools to pursue their MBA.
In conclusion, the FT Global MBA Ranking 2023 has highlighted the top 10 business schools in the world, and ISB and several IIMs from India have secured their place in the list. The rankings are a testimony to the quality of education and research provided by these schools, and they help students choose the best schools for pursuing their MBA.
How Indian colleges were ranked?
Indian business schools have made an impression in the Financial Times rankings, with IIM-Ahmedabad, IIM-Bangalore and IIM-Calcutta being the top three in career progress. According to the rankings, MBA colleges in India have a high percentage increase in alumni pay, with the Indian School of Business reporting a 205% increase in pay compared to 117% and 131% increases at Harvard and Stanford, respectively, a report by MBA Watch cited.
The program with the highest rate of alumni satisfaction is IIM-Calcutta, with a score of 9.34 out of 10, slightly higher than IIM-Ahmedabad and the Indian School of Business. The lowest satisfaction score in India was from IIM-Indore, which received a score of 8.93. However, the highest alumni satisfaction score in the FT rankings was from Stanford, with a score of 9.98. Overall, Indian business schools are performing well in the FT rankings and are showing promising results in terms of career progress, alumni pay, and satisfaction, the report also said.
What are the Indian B-schools featured in top 100
There are only six Indian institutes featured in Top 100. They are
Indian School of Business: Rank 39
IIM-Ahmedabad: Rank 51
IIM-Bangalore: Rank 52
IIM-Calcutta: Rank 76
IIM-Indore: Rank 89
IIM-Lucknow: Rank 90
Financial Times MBA Rankings: List Of Top 20 Colleges in the World
Columbia Business School in the United States topped the global chart followed by Insead France and IESE Business School in Spain. Check list of top 20 colleges given below:
Columbia Business School
Iese Business School
Harvard Business School
Stanford Graduate School of Business
SDA Bocconi School of Management
University of California at Berkeley: Haas
Cornell University: Johnson
Northwestern University, Kellogg School of Management
Yale School of Management
Duke University’s Fuqua School of Business
University of Chicago: Booth
UCLA Anderson School of Management
Dartmouth College: Tuck
London Business School
University of Virginia: Darden
New York University: Stern