Written by Anviti Rai
The latest edition of the Financial Times Rankings for Executive Education shows mixed results for Indian business schools. While IIM Ahmedabad is ranked 47th in the world in the top 50 for open programs, and IIM Kolkata is ranked 59th, IIM Bangalore has dropped from 55th to 60th position this year.
According to the FT website, these rankings were not published in 2021 due to “pressure on schools and their clients in the epidemic and barriers to data collection” and instead a directory of notable schools was published.
FT ranking is divided into two categories – open, which means anyone can enroll in these programs; And custom, which means that these programs can be custom-made according to the requirements of the client organization.
India was relatively good at customized programs, with the Indian School of Business taking the 38th rank this year and storming into the top 50 in 2020, up from 64th place. The 52nd of the former in 2020, IIM Ahmedabad is not appearing in the 2020 edition. IIM Kolkata does not get a place in the 2022 list, when it was ranked 65th in 2020.
For the top schools on the list, HEC Paris has led for both open and custom programs. In the open list, it is followed by IMD Business School, Switzerland; Iese Business School; Esde Business School, Spain; And Western University, Ive, in that order.
The institutes were ranked for the open program based on six parameters – faculty skills, career advancement, program evaluation, diversity assessment, international opportunities and general, which were further subdivided into participant quality and faculty as well as female participation, growth, And location.
For custom programs, faculty expertise and international opportunities were excluded. Notable rankings maintained by Indian institutions among these parameters include 36th place for faculty for IIM Ahmedabad’s open programs and 9 scores for overall satisfaction. IIM Kolkata scored 8.36 for the same. The Indian School of Business and IIM Bangalore are also ranked 24th and 30th respectively for the “value for money” related to customized programs.
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