03-10-2024
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Summary:
• IIM Bangalore, Ahmedabad, Calcutta, and ISB Hyderabad rank in the world's top 100 MBA programmes
• Three IIMs feature in the top 50 for employability
• 14 Indian full-time MBA programmes included in the QS Global MBA Rankings 2025
• IIM Kozhikode debuts in the 151-200 band
• Stanford School of Business retains top spot globally for the fifth consecutive year
• Indian B-schools show strength in employability and alumni impact
• Challenges remain in internationalisation and gender diversity
• Rankings highlight India's growing influence in global business education
In a testament to the rising quality of Indian business education, three prestigious Indian Institutes of Management (IIMs) and the Indian School of Business (ISB) Hyderabad have secured positions among the world's top 100 MBA programmes in the latest QS Global MBA Rankings 2025. This achievement not only underscores the growing global recognition of Indian management education but also highlights the country's potential to shape the future of international business leadership.
The QS Global MBA and Business Master's Rankings 2025, released by Quacquarelli Symonds (QS), offer a comprehensive analysis of the world's leading business education programmes. Spanning 58 countries and territories, the rankings evaluate 340 top global MBA programmes alongside specialised Business Master's programmes in fields such as Management, Finance, Marketing, Business Analytics, and Supply Chain Management.
The standout performers in this year's rankings are:
1. IIM Bangalore - Ranked 48th globally
2. IIM Ahmedabad - Secured the 53rd position
3. IIM Calcutta - Placed at 59th
4. ISB Hyderabad - Ranked 78th
These institutions have not only maintained their positions in the top 100 but have also shown remarkable performance in specific areas. Notably, the three IIMs have been ranked among the top 50 for employability, a crucial metric that reflects the market value of their graduates.
The success extends beyond these four institutions, with a total of 14 Indian full-time MBA programmes featuring in the QS global list for 2025. This represents a significant increase from previous years and includes three new entries, showcasing the expanding footprint of Indian business education on the global stage.
Among the newcomers, IIM Kozhikode has made an impressive debut, securing a place in the 151-200 band. Additionally, the Institute of Management Technology, Ghaziabad, and Somaiya Vidyavihar University have entered the rankings in the 251+ band, further diversifying India's representation in global business education rankings.
While celebrating the success of Indian institutions, it's important to view these achievements in the context of global competition. Stanford School of Business in the United States continues to dominate the rankings, maintaining its top position for the fifth consecutive year. It's followed by the University of Pennsylvania's Wharton School and Harvard Business School, highlighting the continued strength of American business education.
European institutions also feature prominently in the top ranks, with London Business School securing the fourth spot and HEC Paris rounding out the top five. This global distribution of top-ranked programmes underscores the competitive nature of international business education and the significance of Indian institutions breaking into these elite ranks.
The strong showing of Indian B-schools, particularly in employability and alumni impact, demonstrates the country's capacity to produce top-tier global talent. IIM Bangalore, for instance, has been recognised for its "thought leadership," ranking 57th globally in this category. This reflects the institution's contribution to cutting-edge business research and its influence on global business thinking.
However, the rankings also highlight areas where Indian institutions can improve. QS CEO Jessica Turner pointed out that ongoing challenges related to internationalisation and gender diversity remain critical areas for enhancement. Addressing these issues is crucial not only for improving the global competitiveness of India's leading business schools but also for fostering more inclusive environments that align with the evolving nature of global business leadership.
For Indian business schools, these rankings serve multiple important functions:
1. Global Visibility: They provide international recognition, attracting students and faculty from around the world.
2. Benchmarking: Rankings offer a valuable tool for institutions to assess their performance against global standards and identify areas for improvement.
3. Industry Connections: High rankings can lead to stronger ties with global corporations, potentially resulting in better placement opportunities for graduates.
4. Research Collaborations: Improved global standing can facilitate international research partnerships, enhancing the quality and impact of academic output.
5. Student Recruitment: For prospective students, rankings serve as a crucial reference point in choosing where to pursue their MBA, potentially attracting a more diverse and talented student body.
The success of Indian institutions in these global rankings is likely to have far-reaching effects on the country's business education ecosystem:
1. Increased Investment: The government and private sector may be encouraged to invest more in business education, seeing it as a source of national pride and economic growth.
2. Curriculum Enhancement: To maintain and improve their global standing, institutions may further refine their curricula to align with international standards while maintaining a focus on India-specific business challenges.
3. Faculty Development: There could be a greater emphasis on faculty research and international exposure to boost the "thought leadership" component of rankings.
4. International Partnerships: Indian B-schools may seek more collaborations with top global institutions, offering joint programmes or exchange opportunities.
5. Focus on Diversity: To address the noted weaknesses, there might be increased efforts to improve gender diversity and internationalisation in Indian MBA programmes.
While the achievements of Indian B-schools in the QS rankings are commendable, several challenges lie ahead:
1. Sustaining Progress: Maintaining and improving rankings year-on-year requires consistent effort and investment.
2. Balancing Global and Local Focus: Indian institutions must strike a balance between meeting global standards and addressing India-specific business needs.
3. Research Output: Enhancing the quantity and quality of research to compete with global leaders remains a challenge.
4. Infrastructure Development: Continuous improvement in physical and digital infrastructure is necessary to provide a world-class learning environment.
5. Faculty Retention: Attracting and retaining top-quality faculty in a globally competitive market can be challenging.
To address these challenges and build on their success, Indian B-schools could consider the following strategies:
1. Emphasising Research: Increasing research output and quality through targeted funding and collaborations.
2. Enhancing Global Exposure: Expanding international student and faculty exchange programmes.
3. Industry Integration: Strengthening ties with both Indian and multinational corporations to ensure curriculum relevance and improve placement outcomes.
4. Leveraging Technology: Incorporating cutting-edge technology in teaching and research to stay ahead of global trends.
5. Promoting Diversity: Implementing targeted initiatives to improve gender balance and international student representation.
The success of Indian MBA programmes in global rankings has implications beyond just business education. It serves as a beacon for other disciplines in Indian higher education, demonstrating that with the right focus and resources, Indian institutions can compete on the world stage.
This achievement may inspire:
1. Other Disciplines: Engineering, science, and humanities departments may be motivated to strive for similar global recognition.
2. Policy Makers: The government might be encouraged to implement policies that support the internationalisation of Indian higher education across all fields.
3. Student Aspirations: Indian students may set their sights higher, aspiring to world-class education within their own country.
4. Brain Drain Mitigation: With top-quality education available at home, there might be a reduction in the outflow of talent to foreign institutions.
The inclusion of three IIMs and ISB Hyderabad among the world's top 100 MBA programmes in the QS Global MBA Rankings 2025 marks a significant milestone for Indian business education. It reflects the growing quality and global competitiveness of Indian management programmes and highlights the country's potential to become a major player in shaping future business leaders.
While celebrating this achievement, it's crucial for Indian institutions to address the challenges identified, particularly in areas of internationalisation and diversity. By focusing on these aspects, along with continuing to strengthen their core competencies, Indian B-schools can aspire to climb even higher in global rankings and play a more significant role in the international business education landscape.
As India continues to emerge as a global economic powerhouse, the success of its business schools on the world stage is not just a matter of pride but a strategic necessity. It ensures that the country produces business leaders equipped to navigate the complexities of the global economy and drive India's economic growth in the years to come.
The journey of Indian B-schools to global recognition is ongoing, and the recent rankings success is just one step in this journey. With continued focus, investment, and innovation, Indian management education is poised to make even greater strides on the global stage, shaping the future of business leadership both within India and around the world.
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A: According to the QS Global MBA Rankings 2025, IIM Bangalore (48th), IIM Ahmedabad (53rd), IIM Calcutta (59th), and ISB Hyderabad (78th) are in the top 100.
A: A total of 14 Indian full-time MBA programmes are included in the rankings.
A: Indian B-schools show particular strength in employability and alumni impact, with three IIMs ranking in the top 50 for employability.
A: Yes, IIM Kozhikode made its debut in the 151-200 band, while the Institute of Management Technology, Ghaziabad, and Somaiya Vidyavihar University entered in the 251+ band.
A: Diversity, particularly in terms of internationalisation and gender balance, remains an area for improvement for Indian B-schools.
A: Stanford School of Business in the US retains the top spot for the fifth consecutive year.
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