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GMAT, or the Graduate Management Admission Test was created by business schools to measure the skills necessary for a graduate student to succeed in MBA programs. Studies show that this test is the...
IIM-A and ISB Hyderabad make it to the Top 20 global B-schools in the Financial Times Global MBA Ranking for 2012. While Indian Institute of Management Ahmedabad (IIMA) stood tall in at Rank No. 11, ISB Hyderabad slipped from No. 13 last year to No. 20 this year.
Speaking on the occasion Sriram Gopalakrishnan, Director - Marketing and Communications, Indian School of Business (ISB) said "It is a very proud moment for us as we have consistently made it to the list of Top 20 B-Schools for last five years."
IIM-A Postgraduate Programme in Management for Executives (PGP-X) bagged the institute its crowning ranking and ISB has been ranked for its One Year full-time management programme for working executives in FT MBA rankings 2012.
Released today, the FT B-School rankings 2012 are based upon the selection criteria demanding the participating schools to be internationally accredited; and the management programme must have run for at least four consecutive years. Out of 150 B-Schools that participated, FT-ranked IIM-Ahmedabad as the top business school in terms of career progression and ISB bagged 29th position for it. The FT Business School Ranking 2012 has been based upon the data compiled from respective schools as well as their alumni.
"While the rankings are based on multiple parameters, the one area where we were ranked number one in the whole world was in career progression of our students. It is because of this that we have been able to maintain our 11th rank in the global MBA list brought out by FT," said Saral Mukherjee, chairperson of PGPX at IIM-A on this proud occasion.
Out of 11 B-Schools participating from USA, Stanford Graduate School of Business has come a long way to reach the No.1 spot from being No. 4 for the past two years. Harvard business school which ranked No. 3 for the last three years is now No. 2 and University of Pennsylvania: Wharton has slipped to No. 3 from the being No. 1 last year. Other schools that participated and made it to the list include London Business School, UK (No. 4); Columbia Business School, US (No. 5), Insead, France/Singapore (No 6), MIT: Sloan, US (No. 7), IE Business School, Spain (No. 8), Iese Business School, Spain (No. 9), Hong Kong UST Business School, China (No. 10).
|School name||Country||Rank '12||Rank '11||Rank '10|
|Stanford Graduate School of Business||United States of America||1||4||4|
|Harvard Business School||United States of America||2||3||3|
|University of Pennsylvania: Wharton||United States of America||3||1||2|
|London Business School||United Kingdom||4||1||1|
|Columbia Business School||United States of America||5||7||6|
|MIT: Sloan||United States of America||7||9||8|
|IE Business School||Spain||8||8||6|
|Iese Business School||Spain||9||9||11|
|Hong Kong UST Business School||China||10||6||9|
|Indian Institute of Management, Ahmedabad (IIMA)||India||11||11||0|
|University of Chicago: Booth||United States of America||12||12||9|
|University of California at Berkeley: Haas||United States of America||14||14||28|
|Duke University: Fuqua||United States of America||15||20||20|
|Northwestern University: Kellogg||United States of America||16||21||22|
|New York University: Stern||United States of America||17||15||13|
|Dartmouth College: Tuck||United States of America||19||18||13|
|Indian School of Business||India||20||13||12|
Follow the space for more on FT Top 20 B-School Rankings 2012.
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