The Indian Institute of Management Indore is one of 100 institutions in the world to have the triple accreditation of AMBA (Association of MBAs), AACSB (Association to Advance Collegiate Schools of Business) and EQUIS (European Foundation for Management Development Quality Improvement System). It achieved this under the leadership of Professor Himanshu Rai. Prior to his current role, Rai was dean of SDA Bocconi (India campus) and also worked as a professor at SDA Bocconi, Milan. An alumnus of IIM Ahmedabad, he had a corporate stint with Tata Steel and has also taught at IIM Lucknow and XLRI Jamshedpur. Rai is a consultant to the World Bank, apart from the Indian government and industry. He spoke to THE WEEK about the quality of management education in India and how it compares with the top b-schools in the world. Excerpts:
Q/ Where do India’s best b-schools stand in 2022 compared with the world’s best?
A/ In recent years, we have seen a significant number of Indian b-schools featuring in global business school rankings. For instance, in the 2022 Financial Times business school ranking for Master’s in Management (MBA or PGP equivalent), seven business schools from India are among the top 100. If we observe the historical data of the last three years, the number of business schools from India in the list shows an increasing trend. This is certainly a positive aspect. Similarly, in the QS Global MBA Rankings, released recently for the year 2023, there are nine and 10 Indian business schools in the rankings for one-year executive MBA and two-year MBA, respectively. So, going forward, too, we will observe significant improvement in rankings of Indian business schools.
This story is from the November 13, 2022 edition of THE WEEK India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 13, 2022 edition of THE WEEK India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
William Dalrymple goes further back
Indian readers have long known William Dalrymple as the chronicler nonpareil of India in the early years of the British raj. His latest book, The Golden Road, is a striking departure, since it takes him to a period from about the third century BC to the 12th-13th centuries CE.
The bleat from the street
What with all the apps delivering straight to one’s doorstep, the supermarkets, the food halls and even the occasional (super-expensive) pop-up thela (cart) offering the woke from field-to-fork option, the good old veggie-market/mandi has fallen off my regular beat.
Courage and conviction
Justice A.M. Ahmadi's biography by his granddaughter brings out behind-the-scenes tension in the Supreme Court as it dealt with the Babri Masjid demolition case
EPIC ENTERPRISE
Gowri Ramnarayan's translation of Ponniyin Selvan brings a fresh perspective to her grandfather's magnum opus
Upgrade your jeans
If you don’t live in the top four-five northern states of India, winter means little else than a pair of jeans. I live in Mumbai, where only mad people wear jeans throughout the year. High temperatures and extreme levels of humidity ensure we go to work in mulmul salwars, cotton pants, or, if you are lucky like me, wear shorts every day.
Garden by the sea
When Kozhikode beach became a fertile ground for ideas with Manorama Hortus
RECRUITERS SPEAK
Industry requirements and selection criteria of management graduates
MORAL COMPASS
The need to infuse ethics into India's MBA landscape
B-SCHOOLS SHOULD UNDERSTAND THAT INDIAN ECONOMY IS GOING TO WITNESS A TREMENDOUS GROWTH
INTERVIEW - Prof DEBASHIS CHATTERJEE, director, Indian Institute of Management, Kozhikode
COURSE CORRECTION
India's best b-schools are navigating tumultuous times. Hurdles include lower salaries offered to their graduates and students misusing AI
