IMs feature among the TOP 100 B-schools in Financial Times Rankings
Financial Times B-school rankings, which is regarded as one of the most prestigious in the Industry, has come out with this year's rankings of B-schools.
IIMs which are arguably the best B-schools in India have done exceedingly well in Financial Times rankings for 2022 under "MIM programs" category. IIM Bangalore, IIM Lucknow, IIM Indore and IIM Udaipur have secured a place among the Top 100 B-schools. Apart from these IIMs, SPJIMR, IMI Delhi and NMIMS Mumbai have also made it to this list.
IIM Bangalore has clinched the top position ( among Indian B-schools ), securing the 31st rank. SPJIMR Mumbai has been ranked at 44th position whereas IIM Lucknow ended up with 64th rank. IIM Udaipur secured 81 rank where as IIM Indore was awarded 89th position. NMIMS Mumbai and IMI Delhi were awarded 96th and 97th rank respectively.
The FT MIM ranking is based on 16 criteria. Alumni responses form seven criteria that together contribute 59% to the total weightage. The remaining nine criteria are calculated from school data and given 41% weightage.
The core metrics considered for the rankings include value for money, career progress, aims achieved, career services, employability, female students, the involvement of women on the Institute’s board, female faculty, international mobility, and faculty with doctorates.
The IIMs which have been the torch bearers among the B-schools in terms of standard of teaching and placements, have done exceedingly well this year also. The extraordinary Final Placements for their 2020-22 MBA batches bears testimony to this. While IIM Bangalore's batch secured an average salary of 33.9 lacs p.a. IIM Lucknow placed its MBA batch at an average salary of 32 lacs p.a. IIM Indore secured an average domestic salary of 25 lacs p.a. SPJIMR also secured extremely good placements for their PGDM batch, they secured 32 lacs p.a. average salary.
Apart from the lucrative placements, IIMs continue to be best B-schools in India due to their high quality selection process, which ensures that only the most deserving of the applicants make it through, a very good set of faculty, brand value and extremely high quality alumni base.
The Financial Times rankings for this year only goes on to validate the faith that MBA aspirants have in the premier Indian B-schools.