SPJIMR, IIM-Ahmedabad Figure In Top 50 Institutes In FT MiM Global Ranking 2024
Switzerland's University of St Gallen has achieved the top rank globally, followed by France's HEC Paris, Insead and Edhec Business School at the second, third and fourth spots respectively.
HYDERABAD: Bharatiya Vidya Bhavan’s SP Jain Institute of Management and Research () has been ranked 35th globally in the Financial Times Masters in Management (FT MiM) global ranking 2024.
The SPJIMR has been adjudged India’s top business school in the FT MiM global ranking, followed by the Indian Institute of Management, Ahmedabad (IIM A) at the 39th rank globally (second spot in India). IIM Bangalore has secured the 41st spot globally.
SPJIMR, IIM Ahmedabad and IIM Bangalore are the only three Indian institutes to secure ranks in the top 50 institutes of the world.
At the fourth rank (in India) is IIM Lucknow which has secured the 55th spot globally, followed by IIM Calcutta at the 56th rank globally. These two IIMs are followed by XLRI — Xavier School of Management at the 65th global rank, followed by IIM Kozhikode at 68th rank.
The other Indian institutes in the top 100 are SCMHRD (76th), IIM Udaipur (81st spot), IIM Indore (83rd), Management Development Institute Gurgaon (85th), International Management Institute New Delhi (86th), NMIMS Mumbai, School of Business Management (94th) and Institute of Management Technology, Ghaziabad (97th).
There are 21 Indian institutes in the FT rankings of MiM course this year.
A Master’s in Management (MiM) is a graduate-level business degree that prepares a student for managerial and leadership roles.
Globally, Switzerland’s University of St Gallen has secured the top rank, followed by France’s HEC Paris, Insead and Edhec Business School at the second, third and fourth spots respectively. China’s Shanghai Jiao Tong University: Antai has sealed the top five category.
Six out of top 10 institutes are from France and there are 24 French institutes in the top 100 list. However, China only has two institutes in this list — Shanghai Jiao Tong University: Antai and Tongji University School of Economics and Management.
What is FT MiM ranking
The FT MiM ranking evaluates the world’s top business schools based on 19 key criteria, with alumni feedback accounting for 56% of the ranking’s weight. This emphasis on graduate outcomes ensures that the ranking reflects the real-world impact of an institution’s education. The remaining 44% of the ranking is derived from 11 criteria based on school data, providing a comprehensive assessment of institutions across various parameters. By considering factors such as return on investment, career advancement, ESG, carbon footprint, and diversity, the FT MiM ranking offers a holistic view of an institution’s quality and performance, said a release by IIM Ahmedabad.
The ranking also underlines the continuing excellence of Business schools in their regions and international partnerships. The ability of IIM Bangalore to adapt to the changing times has been a key factor in keeping its MBA programmes among the world’s best.
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