FT Masters in Management 2017 Ranking: IIMA Got Down to 21, St Gallen Number 1

The FT Masters in management 2017 ranking features 102 B-Schools programs across the globe, up from 93 last year based on various criteria. Indian top management institutes, Indian Institutes of Management (IIMs) have got down in the position from 2016 ranking. The Switzerland’s University of St Gallen has retained the number 1 rank for the seventh successive year in the 13^th edition of FT Masters in Management 2017 Rankings.

The London Business School (LBS) is ranked 4^th, moving up two places from the 6^th rank it held in 2016 ranking exchanging places with ESCP Europe. HEC Paris, France retains the second spot but Essec Business School (France and Singapore) gets pushed down to the 5^th rank by IE Business School that was in the 7^th place in 2016. IE Business School, Spain Jumped to position 3 from its 7 position in the year 2016.

WHU Belsheim, Germany has improved its previous ranking  9^th place in 2016 to 7^th  rank in 2017. ESADE Business School, Spain also moves up to 8^th rank from the 9^th position in the previous year. Ninth-ranked Cems is an international program (Cems Masters in International Management)  provided through a network of 30 business schools, down five places from 2015, when it was last ranked. Bocconi, Italy is at 10, moving up one place from the 11^th spot in 2016.

However, all the Indian Institutions slipped in the rankings when compared to the previous year 2016 ranking. IIM Ahmedabad leading the ranking from India, ranked 21 in current ranking, five points down from position 16 in 2016. IIM Bangalore fell from the 19^th rank in 2016 to 26 this year and IIM Calcutta ranked 28 in FT Masters in Management 2017 Ranking, falling five places from its 23^rd rank in the previous year position.

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FT Masters in Management 2017 Ranking Methodology

FT  laid down the strict criteria for Schools to be eligible for evaluation. The schools must be either AACSB or Equis accredited and their programmes must be full-time, cohort-based and have a minimum of 30 graduates each year.

The rankings are calculated according to information collected through two separate surveys, the first completed by the business schools and the second by alumni who graduated in 2014.

Meanwhile, FT has changed its methodology and started collecting information about alumni’s first jobs after graduation. These data are used in conjunction with information about their current jobs, three years later. It enables FT to calculate their salary increase since graduation as well as their career progress, which is based on changes in alumni’s level of seniority and the size of the company they work for between graduation and three years after graduation.

The first placed St Gallen notched up good scores in the international criteria with more than 90% of the students and 80% of the faculty coming from other countries. It is ranked second for international exposure and mobility of the students during the program.

Meanwhile, alumni from the Indian Institute of Management Ahmedabad managed to draw the highest salary of $116,476 followed by IIM Bangalore at $116,094 with Gallen on the third spot in the category at $114,449.

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