In the Financial Times Masters in Management 2016 Ranking, IIM Bangalore and IIM Calcutta jumped seven positions above the ladder.
They say a stitch in time saves nine. This seems, for the time being, a case with the IITs. We have seen through many news headlines in the recent past that told us about the dismal teacher-student ratios in IIMs and IITs. Besides this, there are few foreign students, female students and PhD scholars, which resulted in poor rankings of these top ranking Indian institutes at the world level. However, the IIMs and the MHRD is taking measures, before it’s too late, to better the situation.
The result is witnessed in the Financial Times Masters in Management 2016 Ranking wherein IIM Bangalore jumped seven positions up for its two-year post graduate programme in management. IIM Bangalore is ranked at 19th position as compared to 26th last year. There are some other factors too that helped the IIM Bangalore step up the ladder including 21 percent women in the faculty and 25 percent of the school advisory board.
However, IIM Ahmedabad fell one place from its 15th position last year to 16th this year even when it continued to be the top ranking management institute followed by IIM Bangalore, IIM Calcutta and so on. IIM Calcutta also moved seven steps up from its last year ranking of 23 to 16 this year.
The Financial Times ranking is based on the relative assessment of top pre-experience degrees in the general management world over. The FT takes into consideration the data provided by schools and alumni. In a nutshell, the ranking is based on the data collected from two surveys which include data from the participating business schools and alumni who graduated three years ago (in 2013).