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LATEST
NEWS |
| 24th
September 2010 / Times of India / Mumbai Edition |
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IIM-A course ranked among top 10 in world
In A 1st, B-School Wins Honour For PG Programme
New Delhi: The Indian Institute of Management, Ahmedabad (IIM-A ) has, for the first time, been ranked number eight for its two-year postgraduate programme (PGP). According to the latest Financial Times (FT) Business School rankings for its Masters in Management programme 2010, the premier Indian B-schools 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 years second position, while CEMS, The Global Alliance in Management Education, has been ranked number two. The ranking is done based on 28 parameters.
Also, its 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 Samir Kumar Barua said the rankings would help in more international collaborations.
Barua said: We have been ranked number eight for our two-year masters programme in management in the category where the candidates pursuing the course need not have any work experience to join the programme. This is the first time we have participated in the FT rankings. To be a part of the assessment, one has to qualify, said Barua.
The IIM-A is the only Indian B-school to be accredited by the European Quality Improvement System (EQUIS ) and is now eyeing the US equivalentby the Association to Advance Collegiate Schools of Business.
When we go for any meaningful collaboration, international rankings helps, said Barua. 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 FTs top management masters league table. This reflects the improving standards of teaching and student placement at Indian business schools.
A growing number of IIM students end up working for companies globally. However, more has to be done. Indian schools need to attract more foreign talent and faculty. They have only recently started doing so. This also explains why Indian business schools werent in the top ranks before, he added.
RANKING METHODOLOGY
The FT Masters in Management report ranks the top 65 programmes in general management for students with no prior work experience
Established in 2005, the ranking aims to give a thorough assessment of the programmes submitted by business schools worldwide
It also looks at the schools and their alumni
2 sets of online surveys are used to compile the results
Parameters include: Salaries, employment, percentage of international students, faculty with PhD, salary today and course fee, among others
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