Updated on: Friday, September 24, 2010
The Indian Institute of Management, Ahmedabad (IIM-A) has, for the first time, been ranked number eight for its two-year Postgraduate Programme.
According to the latest Financial Times (FT) Business School rankings for its Masters in Management programme 2010, the premier Indian B-school's MBA programme has been placed among the top 10 in the list of 65 B-schools. This is the first time IIM-A participated in the ranking assessment.
The Icole Supirieure de Commerce de Paris (ECSP Europe) has topped the rankings this year, improving its last year's second position, while CEMS, The Global Alliance in Management Education, has been ranked number two. The ranking is done based on 28 parameters.
Also, it's for the first time that an Indian B-school has been ranked among top 10 for its flagship PG programme. Terming it as a step forward for more meaningful global ventures, IIM-A director Dr Samir Kumar Barua said the rankings would help in more international collaborations.
The IIM-A is the only Indian business school to be accredited by the European Quality Improvement System (EQUIS) and is now eyeing the US equivalent —by the Association to Advance Collegiate Schools of Business.
Interestingly, FT has also come out with a special report on management education in India. Said India online editor of the FT, James Fontanella-Khan: "This is the first time an Indian school has made it to the top 10 in FT's top management masters league table. This reflects the improving standards of teaching and student placement at Indian business schools."