The Indian School of Business in Hyderabad has emerged as the top business school in India, according to London-based Financial Times Global MBA Ranking 2022. The ISB-Hyderabad was ranked 32, the highest for an Indian business school, and the three IIMs were among the top 70 MBA schools in the world.
According to the Financial Times World MBA Ranking 2022, only four Indian business schools made the top 100 B-schools worldwide.
Apart from ISB-Hyderabad, IIM-Bangalore was ranked 53rd on the FT Ranking 2022, while IIM-Ahmedabad and IIM-Calcutta were ranked 62nd and 68th, respectively. ISB dropped 9 spots in 2021 compared to the previous year’s ranking, finishing 23rd. IIM-Bangalore, which was ranked 35 in 2021 but is now ranked 53rd in 2022, has also dropped 35 spots.
In 2022, a number of other IIMs will face the same fate. The Indian Institute of Management-Ahmedabad fell from 48th place in 2021 to 65th place in 2022. IIM Calcutta has also dropped from 44th place in the 2021 rankings to 68th place in the 2022 rankings.
While IIM-Indore, which had managed to secure a place of 94th position in 2021, was dropped from the list altogether in 2022.
This year, American B-schools dominated the rankings as demand for business degrees grew after year-long disruption due to pandemic and businesses opened after vaccination across the world began. Wharton and Columbia came in first and second, respectively, followed Harvard, Northwestern: Kellogg, Stanford, Chicago.
In the Financial Times World MBA Ranking 2022, Booth, Yale, MIT, NYU: Stern, and Berkeley: Haas were among the top 16 schools.
Salary percentage increase, location, environmental, social governance, career progression, programme assessment, international opportunities, and diversity assessment are all factors that go into the FT MBA rankings. The data for the 2022 FT Rankings was compiled in collaboration with KPMG Global, and the audit year was October and November 2021.