FT rankings 2014: At 13th rank, IIM-C among top non-European B-schools

IIM-Ahmedabad could get only 16th position

 

Ranked 13th for its post-graduate programme in the Financial Times’ Masters in Management (MiM) Ranking for 2014, the Indian Institute of Management, Calcutta (IIM-C), has emerged as the top non-European business school. The ranking features the ‘top 70’ management degrees for students with little or no previous work experience.

IIM-C not only emerged as the only Asian B-school in the top cluster of 14 B-schools but also improved upon its previous debut rank of 19th position in 2013. With only six non-European schools in the list of top 70, the other Indian school in the ranking is IIM-Ahmedabad at 16th position for its flagship post-graduate programme in management (PGPM) as against 18th position last year.

The rankings are based on several parameters such as salary, value-for-money rank, careers rank, aims achieved, placement success, employed at three months, female faculty, female students, international faculty, international students, international board, international mobility rank, international course experience rank, languages, faculty with doctorates, maximum course fee (local currency), course length (months), number of students enrolled 2013-14, and company internships.

Ashok Banerjee, dean, New Initiatives and External Relations at IIM-C, stated that while celebrating the

B-school’s Golden Jubilee in 2011-12, IIM-C had taken initiatives to enhance internationalisation among other things.

  “One of the areas we had been focusing on was internationalisation wherein whatever we do, it should have a global perspective. For instance, we began looking at courses that should have more global context, more institutes for student exchange programmes and increased foreign students footfall. We have also been focusing on global accreditations which we have been receiving every year now since 2012,” said Banerjee.

The oldest IIM in the country was also ranked No. 1 in the careers rank. “This signifies that our alumni have registered the best career growth over the last three years in comparison to all other participating B-schools. We are now focusing on enhancing research. One of the ways we are doing this is by creating an environment for foreign faculty and our faculty to work together which will result in increased quality research,” Banerjee added.

In terms of placement success parameters, while IIM-C was ranked at No. 2, IIM-A was ranked at third position.

The institute is also in talks with global B-schools for allowing its doctoral programme students to spend a few weeks at their campuses for gaining experience in international research.