Indian School of Business (ISB) became the only Indian institute to feature among the top 25 management institutes in the world after making it to the Global MBA Rankings of Financial Times (London) for the year 2019. The premier business school was ranked 24th, as against the 28th spot it got in 2018. IIM-Ahmedabad fell to #47, as compared to last year’s 31. IIM Bangalore stood at 33rd position, improving from 35th in 2018, FT said. However, IIM Calcutta made the biggest leap, climbing up to 49th position from last year’s 78th rank.
Reacting to the FT ranking ISB Hyderbad issued a statement attributing its top ranking to a slew of factors including its effort towards promoting gender inclusiveness, weighed salary of its alumni, percentage of aims achieved, and career services success among others.
“Several factors have contributed to this improvement. With a 187 per cent salary increase of its alumni, ISB is ranked at number 3 worldwide on that parameter. At 34 per cent women students, ISB has the largest intake of women students among Indian business schools,” it said.
Speaking with moneycontrol.com, Rajendra Srivastava, Dean of ISB Hyderabad said that the institute not only looks at test scores, but the soft skills. “… we look at emotional quotient, ability to communicate, team-building capability and intelligence quotient,” he told the business news portal.
Stanford Graduate School of Business topped FT’s list again, while Harvard Business School was ranked number two.