The Indian School of Business (ISB) has scored the highest score amongs management institutes in the country after achieving a rank of 31 in the FT Global MBA Rankings for B-schools around the world.
With a rank of 41, the Indian Institute of Management (IIM) Ahmedabad got the second spot among Indian institutes, followed by IIM Bangalore (rank of 47), IIM Calcutta (rank of 67), IIM Lucknow (rank of 85), and XLRI, Xavier School of Management (rank of 99).
Overall, University of Pennsylvania: Wharton topped the chart; Insead, Columbia Business School, SDA Bocconi School of Management, and IESE Business School complete the top five list.
KPMG reported on the results of obtaining evidence and applying specified audit procedures relating to selected survey data provided for the Financial Times MBA ranking for selected business schools.
The schools are divided into four tiers. Business schools in tiers l and ll score above the average for the cohort, and tiers lll and lV are below it. The difference in scores between schools ranked consecutively is greater within tiers l and lV, than in tiers ll and lll.
Tier l includes eight schools from Wharton to London Business School. Tier ll includes schools from Cornell University: Johnson, ranked nine, to Alliance Manchester Business School at 46.
Tier lll, headed by the Indian Institute of Management Bangalore, spans schools ranked 47 to Western University: Ivey at 90. Tier lV includes schools from University College Dublin: Smurfit at 91 to Fordham University: Gabelli at 100.
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