The 2 year full time PGP programme at IIM Ahmedabad has moved up to 24th rank from 26th and PGPX has been awarded 1st place in career progression among top world B-schools in FT Global MBA Ranking 2016 released for the full time MBA programmes. The 1 year full time PGPX at IIM Ahmedabad has been ranked as the number one programme for the career progress of its alumni in the world among all the B-schools. The PGPX programme at IIM Ahmedabad is relatively a new programme started only 10 years ago.
Two other prestigious B-schools of India namely IIM Bangalore and Indian School of Business (ISB) have also moved up in the Financial Times Global MBA Rankings 2016. IIM Bangalore has moved up by 20 ranks and has been placed at 62 place from 82 while ISB has moved up by 4 places from 33 to 29 in the ranking.
Top 5 ranking positions have been awarded to Insead France/Singapore at number 1; Harvard Business School at number 2; London Business School at number 3; Wharton School at number 4 and Stanford Graduate School of Business placed at number 5.
Interestingly, this is the first time that INSEAD with its one year MBA programme has topped the FT Ranking list while the other 4 B-schools with their 2 year MBA programmes are among top 5 B-schools.
Financial Times Global MBA Ranking 2016 has awarded top 98 places to the B-schools across the world. Many highly ranked B-schools have grabbed the same rank. For example there are 4 B-schools of the World placed at 71 rank. In all 101 top B-schools across the world have been ranked in the prestigious FT Global MBA Ranking 2016.
Indian Institutes of Management (IIMs) are taking various steps to make global foot prints like acquiring international accreditations from AACSB, EQUIS, AMBA; International student exchange programmes; introduction of supernumerary seats for international students; modifications and big changes in the admission policy. With the aim to achieve academic diversity, more changes in Common Admission Test (CAT) 2015 the mandatory entrance exam for IIMs, have also been brought about by modifying the exam structure as well as the content.
IIMs have welcomed the ranking positions they have achieved in Global rankings as these rankings enable them to assess their performance in comparison to other top rated B-schools.
Stay tuned to MBAUniverse.com for more updates on FT Global MBA Ranking 2016