The Indian Institute of Management, Bangalore, is ranked at 48th position in the Financial Times Executive Education 2015 top 50 rankings, making it the only Indian Business School to feature in the list.
The Indian Institute of Management, Bangalore, is featured alongside top business schools in the world such as London Business School, Duke Corporate Education, IMD, Harvard School of Business, University of Oxford among others.
Chairperson of Executive Education at IIM Bangalore, Professor Shyamal Roy, expressed happiness at IIM, Bangalore, featuring in the list and said that it reflects institute's endeavour to achieve academic excellence.
"IIMB's position in the Financial Times 2015 Rankings reflects our efforts towards achieving academic excellence and positions us as the forefront of imparting world class business education in India. It encourages us to continue our commitment to design and offer MBA programmes that will cater to the emerging global requirements," he said.
"With a goal to provide the best education in the country, we focus on creating a favourable environment for the students. These efforts help us gain recognition by top executives and corporations in the company. Despite the current challenging job market scenario, it's important for professionals from across verticals to acquire skills needed to climb up the ladder and move places. IIMB's tailor made programmes equips professionals to learn about the development of businesses and boost their confidence," he added.
Meanwhile, IIMB's Dean Faculty Ishwar Murthy said that the ranking reflects the quality of institutes faculty and improvement in Executive Education Programmes.
"Our current position in the FT ranking is really the result of two factors: the quality of our faculty, and a process of continuous improvement in the delivery of our Executive Education Programmes. In particular, the latter involved a lot of hard work and planning. I am confident that with the path that we have embarked on, we will do even better in the years to come," he said.
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IIMB repeated its success of 2014 by retaining its position at the 53rd ranking in the Open Executive Education programme in FT 2015 Executive Education Rankings. IIMB also makes a debut in the FT Customized Executive Education Rankings at the 57th position.
The FT 2015 rankings are based on the participants' and clients' satisfaction, the diversity of participants and faculty and the schools international exposure. The participant schools are marked on different parameters from preparation to facilities, which accounts to 80 percent of the total overall ranking.
The 17th Financial Times executive education ranked top premier B-Schools across the world, which includes a record number of programmes. Financial Times Annual Ranking is one of the most rigorous and most respected media B-school rankings across the globe.