FT Masters in Management Rankings 2018: IIM Ahmedabad among world's top 20

In the recently released ranking of the best institute in the world for Masters in Management, the Indian Institute of Ahmedabad and Indian Institute of Calcutta have improved their rankings from last year.

In the Financial Times Masters in Management Rankings 2018, IIM Ahmedabad has moved up two ranks from 2017, to be ranked at 19^th position, while IIM Calcutta has moved up five ranks from last year to be ranked at 23^rd position in the 2018 ranking list of top 100 business schools worldwide. IIM Bangalore, however remained at 26^th position. In Asia, the IIM Bangalore and IIM Calcutta are ranked number two and three in Asia, respectively.

The three IIMs are the only Indian B-schools to find place in the ranking table for 2018.

Here’s a look at their Financial Times Masters in Management rankings for this year as compared to last year:

Institute and programme	2018 Ranking	2017 Ranking
IIM Ahmedabad (PGPM)	19	21
IIM Bangalore (PGPM)	26	26
IIM Calcutta (PGPM)	23	28

University of St Gallen, Switzerland and HEC Paris have maintained their positions as the Number 1 and Number 2 universities in the world, respectively. However, IE Business School, Spain ranked number 3 in 2017, fell 7 ranks to be ranked number 10 this year.

Top 10 institutes in the Financial Times Masters in Management Rankings 2018 are:

Institute and programme	2018 Ranking	2017 Ranking
University of St Gallen  (MA in Strategy and International Management)	1	1
HEC Paris (HEC MSc in Management)	2	2
London Business School (Masters in Management)	3	4
Essec Business School (MSc in Management)	4	5
ESCP Europe (Masters in Management)	5	6
Universita Bocconi (MSc in International Management)	6	10
University College Dublin: Smurfit (MSc in International Management)	7	15
Rotterdam School of Management, Erasmus University (MSc in International Management)	8	11
Cems (Cems Masters in International Management)	9	9
IE Business School (Master in Management)	10	3

 

The Financial Times Rankings are based on 17 criteria, of which alumni responses inform seven that together contribute 58 per cent of the total weight. The remaining 10 criteria are calculated from school data and account for 42 per cent of the ranking’s weight.

In 2017, a new criterion, Salary Increase’, was introduced to rank institutes. The criterion of Salary Increase is based on the average difference in alumni salary between their first MSc-level job after graduation and their current salary (three years after graduation). It has a weight of 10 per cent.

Another new addition was, the criterion of career progress which is based on changes in the alumni’s level of seniority and the company’ size they were employed at between graduation and three years after graduation. It has 5 % weight. 

The rankings are arrived at on the basis of the following criteria:

Salary Today	International Students
Weighted Salary	International Board
Salary Percentage Increase	International Mobility Rank
Value for Money Rank	International Course Experience Rank
Career Progress Rank	Languages
Aims Achieved	Faculty with Doctorates
Careers Service Rank	Maximum Course Fee (local currency)
Employed at Three Months	Course Length (months)
Female Faculty	Number Enrolled for 2017/2018
Female Students	Relevant Degree
Women on Board	Company Internships
International Faculty

 

Also Read:

Top Management Institutes in India: NIRF-MHRD Rankings	QS World University Rankings 2018: IIT D, IIT B make it to Top 200 list in 14 years
Manipal University Becomes No. 1 Indian Private University in QS World University Rankings 2018	THE World Reputation Rankings: No Indian University in Top 200, Govt proposes Institutions of Eminence
FT Masters in Management Rankings 2017: Top three IIMs slip	QS World University Rankings 2019; no Indian varsity in top 150