The Indian School of Business (ISB) has been ranked twelfth in the global B-school rankings released on Monday by the Financial Times, London. This is the third successive year that ISB featured among the top 20. It was 15th in 2009 and 20th in 2008.
London School of Business leads the pack, followed by the University of Pennsylvania (Wharton) and Harvard Business School, Stanford University.
“ISB is consolidating its position as a top-ranked global business school,”' said Rajat Gupta, chairman, ISB, in a statement. “The rankings will lead to increased expectations from the school on many fronts. We will continue to do our best and there might be others who will do better. Teaching and research excellence will be our goal,” ISB Dean Ajit Rangnekar said.
ISB was set up in 2001 to offer a one-year post-graduate programme in management (PGPM). It had grown from a class strength of 126 students to 570 in 2010. Ithas over 2,300 alumni. The school established itself in executive education programmes for the private and public sectors, small and medium enterprises, and for employees of the central and state governments.
The B-school recently launched its Post-Graduate Programme in Management for senior executives. The academic session at its Mohali campus is expected to begin in 2012.