<p>The Indian Institute of Management Bangalore (IIMB), was ranked 82nd in the Global MBA Rankings- 2015, released by the UK-based Financial Times. The institute fared much better last year at the 68th position. <br /><br /></p>.<p>Officials from the institute said that the rankings were based only on IIMB’s one-year full-time Executive Post Graduate Programme in Management (EPGP) and not on any other programme. <br /><br />A number of parameters such as salaries, alumni recommendations, faculty, among others, affected the ranking of the institute. Though IIMB saw an increase of 75 percent in salary, it faired poorly on other fronts such as percentage of female students, international faculty, international students and women faculty.<br /><br />Two other Indian B-schools which made it to the list are: IIM, Ahmedabad (26th) and Indian School of Business (ISB), Hyderabad (33rd). Last year they were in 30th and 36th spot, respectively. <br /><br />Speaking to Deccan Herald, Dr Sourav Mukherji, Dean, Programs, IIMB, said: “Yes, the ranking has slipped a little this year and it is a matter of concern for us because we constantly strive to deliver a world-class program. The Financial Times Global MBA ranking, like all good rankings, is an indicator of how executive post graduate programs in management are perceived and we will certainly use this as a feedback to introspect and improve the program. And I am sure that for a global MBA program like ours, which is just half as old as that of IIM Ahmedabad or ISB, there can only be exciting times ahead.”<br />U Dinesh Kumar, Chairperson, EPGP, highlighted how the rankings were dependent on a number of parameters such as salary, which in turn depended a lot on the profile of the candidates who entered the course.<br /><br /> “In ISB for example, the average work experience of students entering the programme is very less compared to those who enter ours. Our students usually have an experience of seven to ten years. When someone is young, one can expect a huge jump in salary. However, for those who are already drawing say 20 lakh per annum, the jump will obviously be low,” he said. <br /><br />“We accept candidates with a minimum of five years experience while in other institutes candidates with even two years of experience enter such programmes, he added. <br />Scope for improvement<br /><br />Prof Dinesh also pointed out that the course was relatively new and said that there was much scope for improvement. “It has been only six years since the course was started and we are trying to improve,” he said. <br /><br />Harvard Business School, London Business School and Wharton School of the University of Pennsylvania, were the top three ranked institutes.</p>
<p>The Indian Institute of Management Bangalore (IIMB), was ranked 82nd in the Global MBA Rankings- 2015, released by the UK-based Financial Times. The institute fared much better last year at the 68th position. <br /><br /></p>.<p>Officials from the institute said that the rankings were based only on IIMB’s one-year full-time Executive Post Graduate Programme in Management (EPGP) and not on any other programme. <br /><br />A number of parameters such as salaries, alumni recommendations, faculty, among others, affected the ranking of the institute. Though IIMB saw an increase of 75 percent in salary, it faired poorly on other fronts such as percentage of female students, international faculty, international students and women faculty.<br /><br />Two other Indian B-schools which made it to the list are: IIM, Ahmedabad (26th) and Indian School of Business (ISB), Hyderabad (33rd). Last year they were in 30th and 36th spot, respectively. <br /><br />Speaking to Deccan Herald, Dr Sourav Mukherji, Dean, Programs, IIMB, said: “Yes, the ranking has slipped a little this year and it is a matter of concern for us because we constantly strive to deliver a world-class program. The Financial Times Global MBA ranking, like all good rankings, is an indicator of how executive post graduate programs in management are perceived and we will certainly use this as a feedback to introspect and improve the program. And I am sure that for a global MBA program like ours, which is just half as old as that of IIM Ahmedabad or ISB, there can only be exciting times ahead.”<br />U Dinesh Kumar, Chairperson, EPGP, highlighted how the rankings were dependent on a number of parameters such as salary, which in turn depended a lot on the profile of the candidates who entered the course.<br /><br /> “In ISB for example, the average work experience of students entering the programme is very less compared to those who enter ours. Our students usually have an experience of seven to ten years. When someone is young, one can expect a huge jump in salary. However, for those who are already drawing say 20 lakh per annum, the jump will obviously be low,” he said. <br /><br />“We accept candidates with a minimum of five years experience while in other institutes candidates with even two years of experience enter such programmes, he added. <br />Scope for improvement<br /><br />Prof Dinesh also pointed out that the course was relatively new and said that there was much scope for improvement. “It has been only six years since the course was started and we are trying to improve,” he said. <br /><br />Harvard Business School, London Business School and Wharton School of the University of Pennsylvania, were the top three ranked institutes.</p>
