Two management schools from India, Indian Institute of Management (IIM) Bangalore and XLRI- Xavier School of Management, have made it to the list of top 30 leading schools in the first edition of Positive Impact Rating (PIR) 2020. While IIM Bangalore has been featured in level 4 (Transforming schools), XLRI found its place in level 3 (Progressing schools) of the positive impact rating 2020.
Launched at the World Economic Forum in Davos, these two business schools from India have been included in the same list as Eada Business School Barcelona (Spain), London Business School (UK), Esade Business School (Spain), and Edhec Business School (France).
The Positive Impact Rating, initiated in 2017 by a large global group of academics and institutional leaders from the management education field (GRLI, PRME, HESI, GBSN), intends to support fundamental change in the business school sector with regards to the schools’ societal responsibility and impact.
The activities of the ranking are endorsed and supported by OXFAM (Society), Global Compact Switzerland (Business) WWF Switzerland (Environment). It operates in close collaboration with student organizations such as – Net Impact, Oikos International, AIESEC, SOS UK, StudentenvoorMorgen.
The purpose of this rating is to measure how business schools contribute to solving societal challenge by educating current and future leaders, by providing relevant research results and offers for continuing education, by energizing the school and its culture, by participating in the public debate and overall by being a role model institution.
The first edition of the Positive Impact Rating, according to officials, is a new rating conducted by students and for students. The rating is meant to learn from a varied set of top schools around the world. 30 leading schools that have performed well are featured in this student rating. 51 business schools participated in the positive impact rating 2020 among which 26 appear in the FT (Financial Times) and 19 in the CK (Corporate Knights) rankings. The 30 schools featured in the rating also include 13 FT and 11 CK schools.