Financial Times (FT) has released the list for business school rankings ‘Masters in Management 2024’, which includes 100 top colleges across the world. These colleges have been assessed on various parameters.
The rankings methodology utilises two primary data sources: feedback from the alumni community and statistics provided by the business schools themselves. The data is weighted across various parameters, including financial outcomes, diversity, career advancement, research output, and international exposure, among others, to determine the final rankings.
Further, the ranking is also done on a ‘Weighted salary’, which is an average alumni salary three years after completion, US$ PPP equivalent, with adjustment for variations between sectors.
To be sure, seven rankings are published annually, relating to MBA, EMBA, Master in Finance, Master in Management programmes and Online MBA programmes, as well as non-degree executive education courses. There is also a ranking of top European business schools.
Here is the list:
1) SP Jain Institute of Management & Research (SPJIMR) is ranked 35 with a weighted salary of $134,029.
2) Indian Institute of Management (IIM) Ahmedabad is ranked 39 with a weighted salary of $156,010.
3) Indian Institute of Management (IIM) Bangalore is ranked 41 with a weighted salary of $152,765.
4) Indian Institute of Management (IIM) Lucknow is ranked 55 with a weighted salary of $137,433.
5) Indian Institute of Management (IIM) Calcutta is ranked 56 with a weighted salary of $144,385.
6) XLRI — Xavier School of Management is ranked 65 with a weighted salary of $136,311.
7) Indian Institute of Management (IIM) Kozhikode is ranked 68 with a weighted salary of $117,066.
8) Symbiosis Centre for Management & Human Resource Development (SCMHRD) is ranked 76 with a weighted salary of $93,756.
9) Indian Institute of Management Udaipur is ranked 81 with a weighted salary of $90,714.
10) Indian Institute of Management (IIM) Indore is ranked 83 with a weighted salary of $107,483.
Overall
In the overall ranking, Switzerland's University of St Gallen has topped the list with rank 1, followed by France's HEC Paris, Insead, Edhec Business School, and China's Shanghai Jiao Tong University: Antai.
As per ‘Weighted salary’ category alone, IIM Ahmedabad tops the chart, followed by IIM Bangalore, IIM Calcutta, Germany's HHL Leipzig Graduate School of Management, and Switzerland's University of St Gallen.
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