FT MBA Rankings 2022: Only 4 Indian B-schools In Top-100 Globally; IIMs & ISB slip in ranking

The London-based business newspaper Financial Times has released the annual rankings for B-schools around the world. The FT MBA rankings are calculated across multiple parameters, such as career progression, programme assessment, international opportunities, and diversity assessment. The audit year for the 2022 FT Rankings was October and November 2021 and the data was compiled in association with KPMG Global.

Among the Indian B-schools, only 4 made it to the FT MBA rankings in 2022. In 2021, however, 5 B-schools had made it to the FT Rankings.

Also read THE World University Rankings 2022: IISc sweeps rankings; IIT Indore and IIT Ropar among 35 Indian institutes in the top 1000

Indian B-schools in FT MBA Rankings

Let’s quickly look at the top B-schools from India that found a place in FT MBA Ranking 2022.

Indian School of Business
Indian Institute of Management, Bangalore
Indian Institute of Management, Ahmedabad
Indian Institute of Management, Calcutta

Comparative Analysis of FT MBA Rankings 2022 & 2021

Indian School of Business (ISB) was the top-ranked among Indian B-schools, securing a rank of 32. From the 23rd position in 2021, ISB slipped by 9 spots in this year’s rankings.

While IIM-A, IIM-B, IIM-C, and ISB are old rankers in the list, IIM-Indore was able to get 94th place in the FT Rankings 2021. This year, however, IIM-Indore has been dropped from the list altogether.

IIM-Bangalore came second among the Indian B-schools by securing a rank of 53 in the FT MBA Rankings 2022. It is a slip of 18 positions from 2021 when the institute has secured a rank of 35.

Next on the list is the Indian Institute of Management Ahmedabad which came 65th in the 2022 rankings. A dip was also noticed here as the institute slipped from the 48th position in 2021.

IIM Calcutta, on the other hand, slipped from the 44th position in 2021 to the 68th spot in the 2022 FT MBA Rankings.

Read the 2021 FT MBA Rankings report here!

Why this overall dip from 2021 FT MBA Rankings?

As mentioned before, the FT MBA Rankings are calculated based on multiple parameters. One of the most important criteria among them is the international course experience. However, due to the Covid 19 pandemic and the subsequent travel restrictions, the international course experience rank has fallen drastically for most top Indian B-schools, which in turn has resulted in reduced performance in the FT MBA Rankings 2022.

Also read: IIM Ahmedabad Placement 2022: TAS, Emaar Emerges As Top Recruiters In Cluster 2

Key Insights For Indian B-schools

Indian School of Business

Although the weighted salary at ISB was relatively lower than the IIMs at USD 158,749, it witnessed the highest increase in salary this year, going up to 184%. The Environment, Social and Governance rank of ISB was also quite high this year at 85. The combination of all these factors pushed ISB to the top among Indian B-schools.

IIM Ahmedabad

In terms of the weighted salary, IIM Ahmedabad was the top scorer with USD 185,001. The percentage increase in salary at IIM-A stood at 95% - the lowest among all the Indian B-schools on the list. The environment, social and GOvernance rank, on the other hand, was 81.

IIM Bangalore

IIM Bangalore also saw a healthy increase in salary this year which ensured that the institute came second among the Indian B-schools. The percentage increase in salary at IIM-B stood at 147% while the weighted salary was calculated at USD 161,013. In the Environment, Social and Governance ranking, the institute scored 95.

IIM Calcutta

The weighted salary of IIM Calcutta was greater than IIM-Bangalore this year at $163,687, but the overall increase was only 125%. The Environment, Social, and Governance rank stood at 81 which pushed the Kolkata-based institute to the 68th position in the FT MBA Rankings 2022.