Only one Indian business school has been able able to make it to The Economist magazine’s full time MBA ranking. Indian Institute of Management Ahmedabad stood at the 56th position among the top 100 business schools in the world. Booth School of Business, US has topped the ranking.
US has 45 plus B-Schools in the list including institutes like Harvard Business School, Tick School of Business, Kenan Flagler Business School, Wharton School and Carlson School of Management. UK came in next with 10 plus institutes like Cass Business School, Henley Business School, Warwick Business School among others. IIM-A is the only Indian business institute to be ranked for the past three years.
“The continued dismal performance of Indian educational institutes on global rankings points to the lack of global mindset and dearth of research activity in the Indian education scenario. To be able to get into these prestigious rankings, institutes here need to concentrate on improving their research output and global content,” said the India education practice head of a global consultancy firm.
India has been performing poorly in almost all the world rankings brought out by internationally reputed organisations in the past few weeks. None of the institutes in India made it even to the Top 200 universities across the globe in the QS World University Rankings. India was perhaps the only BRICS nation to not feature among the world’s top 200 educational institutions. Indian Institute of Technology (IIT), Delhi featured on the list at 212th position, followed by IIT Bombay at 227th position and IIT Kanpur at 278th position.