Economist MBA Ranking 2022: US B-schools return to dominate ranking; Only two Indian B-schools ranked; ISB, IIMA lowly ranked at 75, 99 respectively

MBAUniverse.com News Desk |
June 23, 2022
Economist MBA Ranking 2022 have been released. US B-schools, who participated in Economist MBA Ranking after a one-year break, dislodged European B-schools to seize the top ranks. Two-thirds of the top 50 B-schools in the Economist Rankings are American. This has led to massive changes in the ranking order. From India, only ISB and IIM Ahmedabad are ranked in this survey, with relatively low ranks.
Economist MBA Ranking 2022

US B-schools, who participated in Economist MBA Ranking after a one-year break, dislodged European B-schools in a big way to seize the top ranks. Two-thirds of the top 50 B-schools in the Economist Rankings are American. This has led to massive changes in the ranking order. From India, only ISB and IIM Ahmedabad are ranked in this survey, with relatively low ranks.

Harvard Business School, Wharton School at the University of Pennsylvania and Northwestern University’s Kellogg School of Management are ranked No 1, 2, 3 respectively. HEC Paris Business School, ranked #7, is the highest ranked non-US B-schools while ISB is ranked #75, and IIM Ahmedabad is ranked #99.

Refer table below.

The ranking has reinforced ISB’s claim as the #1 business school in India. ISB has been ranked #5 in Asia and #75 globally. Professor Ramabhadran Thirumalai, Deputy Dean – Academic Programmes, said, “ISB continues to be a top-ranked business school in the country. This has been made possible due to the holistic and futuristic approaches adopted by the school. ISB would continue to reinvent itself…”

Economist MBA Ranking 2022 – Top 20 and Indian B-schools

Rank Business School Country Rank Change
1 Harvard Business School United States  --
2 University of Pennsylvania - Wharton School United States --
3 Northwestern University - Kellogg School of Management United States --
4 Columbia Business School United States --
5 Massachusetts Institute of Technology - MIT Sloan School of Management United States --
6 Duke University - Fuqua School of Business United States --
7 HEC Paris Business School France -5
8 Stanford University - Graduate School of Business United States --
9 University of Chicago - Booth School of Business United States --
10 University of Michigan - Stephen M. Ross School of Business United States -7
11 Dartmouth College - Tuck School of Business United States --
12 University of California at Berkeley - Haas School of Business United States --
13 SDA Bocconi - School of Management Italy -7
14 University of Virginia - Darden School of Business United States  --
15 New York University - Leonard N Stern School of Business United States -11
16 IESE Business School Spain -15
17 Yale School of Management United States  
18 EDHEC Business School France -11
19 Washington University in St Louis - Olin Business School United States --
20 UCLA - UCLA Anderson School of Management United States --
75 Indian School of Business India -31
99 Indian Institute of Management Ahmedabad India -48

Source: Economist

Economist MBA Ranking Methodology
The Economist MBA Ranking 2022 is based on four broad parameters: open new career opportunities; personal development and educational experience; salary; potential to network, with subsets in each category. See weightages below.

Economist MBA Ranking – Weightages

Criteria Weightage
1. Open new career opportunities 35.00%
2. Personal development and educational experience 35.00%
3. Salary 20.00%
4. Potential to network 10.00%

Source: Economist

These low Economist rankings come after poor performance of Indian B-schools in Financial Times (FT) Global MBA 2022. On February 15, MBAUniverse.com had reported that top Indian B-schools fell sharply in the Financial Times (FT) Global MBA 2022 ranking.

ISB which fell by nine places to 32nd rank was ranked No 1 amongst the four Indian B-schools ranked in FT Global MBA ranking 2022. IIM Bangalore fell by 18 places to rank at 53rd position down from last year's 35th rank. IIM Ahmedabad declined by 14 places to 62nd rank globally while IIM Calcutta was ranked 68th, down by 24 places from last year.

Stay tuned to MBAUniverse.com for more update on global MBA Education.