New MBA Ranking on the Block

Posted by: Geoff Gloeckler on December 3, 2008

A new ranking of Indian MBA programs has entered the fray. “The A of B” rankings, released last month on a television special, are a joint effort between MBAUniverse.com, a leading MBA website in India, and CNBC TV18, the country’s leading business news channel. The methodology takes into account quantitative data from the participating programs, as well as opinions from prospective and current students, alumni, and corporations. The opinion data was collected through polls on the MBAUniverse website, as well as Jobstreet.com. (Ranking after the jump.)

The top ten are as follows:
1. Indian Institute of Management, Ahmedabad
2. Indian Institute of Management, Bangalore
3. Indian Institute of Management, Kolkata
4. Indian Institute of Management, Lucknow
5. Xavier Labour Relation Institute School of Management, (XLRI), Jamshedpur
6. Bhavan's S. P. Jain Institute of Management & Research, Mumbai
7. Faculty Of Management Studies, University Of Delhi, Delhi
8. Management Development Institute, Gurgaon
9. Indian Institute of Foreign Trade, New Delhi
10. Jamnalal Bajaj Institute Of Management Studies, University Of Mumbai, Mumbai

I don't know a lot about these programs, but this ranking makes me wonder if any of the U.S.-centric MBA ranking outfits (BW, US News, etc.) will ever include Indian B-schools? I can tell you that we (BusinessWeek) do not have plans to do so in the near future, but that’s not to say that we wouldn’t be open to it eventually. I think the biggest hurdle would be finding a way to decide which schools to consider for rank, just because the accreditation agents and policies are very different in India. John Byrne probably thought the same thing about the possibility of ranking European MBA programs when he launched the initial BusinessWeek ranking in 1988. Lo and behold, ten years later BusinessWeek had an international ranking that included both Canadian and European programs. So who knows? Maybe in ten years we’ll have Indian programs, African programs, and Chinese programs in the mix. Time will tell…

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