With best IIM at 78th, The Economist 2011 MBA rankings expose Indian hype… 4 Aussie MBAs, several from UK, US and even an institution each from Spain, Italy, Korea and Singapore run past us… Wake up India!

With IIM Ahmedabad at 78th rank in THE ECONOMIST, India needs to stop entertaining itself that we host world’s best educational institutions. Leave alone our bias for IITs and IIMs, overall Indian education is no-where world-class. Sorry! If I hurt your ego but all rankings point to the same: THES, QS, Shanghai and now The Economist… They are not Australian rankings but all indicate that several Aussie education providers rank higher than Indian best in all the rankings as shown in an earlier blog by me. NOW, there are four Aussie MBAs that surpass IIMA as per The Economist.

The Economist 2011 ranking of MBAs is on this link.

2011 Full time MBA ranking

Ranksort icon Business School Country
1 Dartmouth College – Tuck School of Business United States
2 Chicago, University of – Booth School of Business United States
3 IMD – International Institute for Management Development Switzerland
4 Virginia, University of – Darden Graduate School of Business Administration United States
5 Harvard Business School United States
6 California at Berkely, University of – Haas School of Business United States
7 Columbia Business School United States
8 Stanford Graduate School of Business United States
9 York University – Schulich School of Business Canada
10 IESE Business School – University of Navarra Spain
11 Massachusetts Institute of Technology – MIT Sloan School of Management United States
12 New York University – Leonard N Stern School of Business United States
13 London Business School United Kingdom
14 HEC School of Management, Paris France
15 Pennsylvania, University of – Wharton School United States
16 Carnegie Mellon University – The Tepper School of Business United States
17 ESADE Business School Spain
18 Northwestern University – Kellogg School of Management United States
19 INSEAD France
20 Duke University – Fuqua School of Business United States
21 Bath, University of – School of Management United Kingdom
22 Southern California, University of – Marshall School of Business United States
23 Cranfield School of Management United Kingdom
24 IE Business School Spain
25 Cornell University – Samuel Curtis Johnson Graduate School of Management United States
26 Yale School of Management United States
27 UCLA Anderson School of Management United States
28 Emory University – Goizueta Business School United States
29 Hult International Business School United States
30 Michigan, University of – Stephen M. Ross School of Business United States
31 Texas at Austin, University of – McCombs School of Business United States
32 Melbourne Business School – University of Melbourne Australia
33 Cambridge, University of – Judge Business School United Kingdom
34 Vanderbilt University – Owen Graduate School of Management United States
35 Washington, University of–Foster School of Business United States
36 Hong Kong, University of – Faculty of Business and Economics Hong Kong
37 City University – Cass Business School United Kingdom
38 University College Dublin – Michael Smurfit Graduate School of Business Ireland
39 Indiana University – Kelley School of Business United States
40 Notre Dame, University of – Mendoza College of Business United States
41 Vlerick Leuven Gent Management School Belgium
42 Mannheim Business School Germany
43 EMLYON France
44 Georgetown University – Robert Emmett McDonough School of Business United States
45 Wisconsin School of Business United States
46 Queensland, University of – Business School Australia
47 North Carolina at Chapel Hill, University of – Kenan-Flagler Business School United States
48 Wake Forest University Schools of Business United States
49 Boston University School of Management United States
50 Pennsylvania State University – Smeal College of Business United States
51 Ohio State University – Fisher College of Business United States
52 Maryland, University of – Robert H Smith School of Business United States
53 Rice University – Jesse H Jones Graduate School of Business Spain
54 EDHEC Business School France
55 Warwick Business School United Kingdom
56 Washington University in St Louis – Olin Business School United States
57 Henley Business School United Kingdom
58 Curtin Graduate School of Business Australia
59 Iowa, University of – Henry B Tippie School of Management United States
60 Oxford, University of – Saïd Business School United Kingdom
61 California at Davis, University of- Graduate School of Management United States
62 Hong Kong University of Science and Technology – School of Business and Management Hong Kong
63 Grenoble Graduate School of Business France
64 McGill University – Desautels Faculty of Management Canada
65 Minnesota, University of – Carlson School of Management United States
66 SDA Bocconi School of Management Italy
67 Rotterdam School of Management, Erasmus University Netherlands
68 George Washington University School of Business United States
69 Nanyang Business School – Nanyang Technological University Singapore
70 Birmingham, University of – Birmingham Business School United Kingdom
71 Strathclyde, University of – Business School United Kingdom
72 Ashridge United Kingdom
73 Macquarie Graduate School of Management Australia
74 Audencia Nantes School of Management France
75 Durham Business School United Kingdom
76 Yonsei University School of Business Republic of Korea
77 Aston Business School United Kingdom
78 Indian Institute of Management – Ahmedabad India
79 Southern Methodist University – Cox School of Business United States
80 Concordia University – John Molson School of Business Canada
81 Calgary, University of – Haskayne School of Business Canada
82 British Columbia, University of – Sauder School of Business Canada
83 Copenhagen Business School Denmark
84 University of Edinburgh Business School United Kingdom
85 Purdue University – Krannert Graduate School of Management United States
86 National University of Singapore – The NUS Business School Singapore
87 Thunderbird School of Global Management United States
88 Chinese University of Hong Kong Hong Kong
89 Temple University – Fox School of Business United States
90 Georgia, University of – Terry College of Business United States
91 China Europe International Business School (CEIBS) China
92 Brandeis International Business School United States
93 Tilburg University – TiasNimbas Business School Netherlands
94 Nottingham University Business School United Kingdom
95 EADA Spain
96 HEC Montréal Canada
97 Florida, University of – Hough Graduate School of Business United States
98 Pittsburgh, University of – Katz Graduate School of Business United States
99 South Carolina, University of – Moore School of Business United States
100 Lancaster University Management School United Kingdom
101 ENPC School of International Management France
101 Leeds University Business School United Kingdom
101 Wits Business School – University of the Witwatersand South Africa
101 Glasgow, University of – Business School United Kingdom
101 Arizona, University of – Eller College of Management United States
101 Miami, University of – School of Business Administration United States
101 American University – Kogod School of Business United States
101 Case Western Reserve University – Weatherhead School of Management United States
101 Newcastle University Business School United Kingdom
101 Rochester, University of – William E Simon Graduate School of Business United States
101 Sheffield University Management School United Kingdom
101 Southampton, University of – School of Management United Kingdom
101 Asian Institute of Management Phillipines

4 Comments

  1. Hi Ravi,

    I have personally seen the lack of professionalism at an institute like IIT Kharagpur, it was embarassing to say the least, as I had taken a group of VCs and Pro VCs from the sterling group of Universities from the UK (this was while I was with the British Council in Kolkata) and I wondered if this was the state of affairs here what would it be elsewhere.

    The comparative rankings should open the eyes of all Indian students who sometimes asks us why should we study abroad, don’t we have excellent institutions like the IITs and the IIMs in India? Your blog should comprehensively expose their fallacy. In fact many who ask this kind of question would never ever make it the IITs or IIMs! These guys should also come to know where our IITs and IIMs stand in the world arena and if that is their position I shudder to think what is the state of other Indian institutions, especially the private ones who are out to make money as their first objective.

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    1. I agree with you Victor… “These guys should also come to know where our IITs and IIMs stand in the world arena and if that is their position I shudder to think what is the state of other Indian institutions, especially the private ones who are out to make money as their first objective.”

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  2. the problem here is ravi that these rankings are actually based on a wide variety of things like infrastructure ,quality of teaching , employment placements etc .. IIT and IIM are way ahead of all others specially in ther selection criteria but lack the resources and funding that other american and australian universities enjoy and hence this ranking

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    1. I would like to believe that “IITs and IIMs are way ahead of others in selection criteria”. However now this is also being debated. What these institutions admit are those who have been synced to the entry exams thanks to the coaching institutes who actually take away the real schooling from the students. I am talking more for the IIT here and this argument is further supported by what Narayan Murthy stated some days ago… The quality of students at IITs has been falling. Now let me turn to IIMs. They do admit some of the finest Indian students but then do they really teach an MBA… Around the world the best of MBA programs focus also on work-experience that an applicant had and most require a minimum of 3 years experience (average of 5-7 years) topping an above average academic background. Now tell me, won’t such make better middle managers as compared to academic wiz-kids who may join the IIMs. Further, the profile of the professors at most IIMs is largely academic and those who do come with some industry experience are only a small proportion… There is more to be done in India… Those who do not want to be engineers get forced to take engineerings… Our Bachelors degrees are not really job-focussed and hence employability is low for non-engineers… Our MBAs are largely academic and focus on fresh graduates… There is more to be done in India before we can call ourselves world-class. We are only India-class and India-ready…

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