Indian Institute of Management Ahmedabad (IIMA) and Indian Institute of Management Bangalore (IIMB) have been ranked among the Top 10 in the list of FT Asia-Pacific Business schools 2018, released on this Monday. IIM Ahmedabad and IIM Bangalore are only two Indian B-schools to feature in top 10 of FT Asia-Pacific Business schools 2018 rankings.
The top-25 ranking is based on the quality of diverse course offerings at business schools. IIM Ahmedabad kept its last year position and ranked 4 in the latest ranking, while IIM Bangalore position dropped by 2 ranks and ranked at position 8 in the latest FT Asia-Pacific Business schools 2018.
IIM Calcutta improved one position from its last year 2017 ranking and this year it is ranked at position 13, while ISB ranked its dropped by 1 and ranked at 17 in the latest Financial Times (FT) top 25 B-Schools of Asia-Pacific region.
IIMB Director Professor G Raghuram said, “It is a proud moment for IIMB to be recognised as one of the top management schools in the Asia-Pacific region. The FT ranking strengthens our belief in our methodology and commits us further to provide high-quality management education. Through our programmes, we give our students a competitive and challenging environment. Our curriculum provides a unique blend of strategic thinking, theoretical knowledge and experiential learning.”
IIMB’s two-year Post Graduate Programme in Management (PGP) takes the 4th position under the Master in Management (MiM) category. The institute’s Executive Post Graduate Programme (Global MBA), Open Executive Education (Open ExecEd) and Customs Executive Education (Custom ExecEd) programmes were also ranked at 9th, 7th and 8th position, respectively.
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FT Asia-Pacific Business Schools 2018 Rankings
- Shanghai Jiao Tong University: Antai, China
- CEIBS, China
- National University of Singapore Business School, Singapore
- Indian Institute of Management Ahmedabad, India
- HKUST Business School, China
- Singapore Management University: Lee Kong Chian, Singapore
- Nanyang Business School, NTU Singapore, Singapore
- Indian Institute of Management Bangalore, India
- University of Hong Kong, China
- Tongji University School of Economics and Management, China
- Melbourne Business School, Australia
- CUHK Business School, China
- Indian Institute of Management Calcutta, India
- Fudan University School of Management, China
- University of Sydney Business School, Australia
- Renmin University of China School of Business (RMBS), China
- Indian School of Business (ISB), India
- AGSM @ UNSW Business School, Australia
- Korea University Business School, South Korea
- Yonsei University School of Business, South Korea
- National Sun Yat-sen University, Taiwan
- Sungkyunkwan University GSB, South Korea
- Peking University: Guanghua, China
- Hong Kong Baptist University School of Business, China
- NUCB Business School, Japan and Lingnan College at Sun Yat-sen University, China
FT has not listed INSEAD, Singapore, as it is placed in the list for Europe, where it has its original Fontainebleau base, rather than this Asian ranking table. Chinese Business School dominated the Business education in Asia as Shanghai Jiao Tong University and CEIBS (China Europe International Business School) ranked 1 and 2 respectively in the list.
Japan has historically been a minor player in business education, despite being a leading economic power. The Nagoya University of Commerce and Business (NUCB Business School), Japan achieved the 25 positions through its executive MBA, the part-time Courses. 3 Institute from South Korea, 2 from Australia and 1 Business School from Taiwan are also part of top 25 rankings.
The other management schools across the globe that have been listed in the Top 25 are Nanyang Business School, NTU Singapore, University of Hong Kong, Melbourne Business School among others.
This is the second time that FT has ranked top schools in the Asia Pacific. According to the Graduate Management Admission Council (GMAC), this year applications to business schools in this region grew faster than anywhere else, up 8.9 per cent.
READ ALSO: MBA Applications Decline In USA And Rise In Asia-Pacific, Canada And Europe B-Schools: GMAC
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