Mumbai, 13 September 2021: Three Business Schools from India Break into the Top 50 Financial Times Masters in Management (MiM) global rankings – 2021. IIM Ahmedabad, ranked 26, Bharatiya Vidya Bhavan’s S P Jain Institute of Management & Research (SPJIMR) stood at 39 and IIM Bangalore, at rank 47.
MiM programmes considered for the ranking are offered by schools with AACSB or EQUIS accreditation and are targeted at participants with little or no work experience.
The 2021 rankings released today (Sep. 13) place SPJIMR at rank 39 for the Institute’s flagship two-year full time Post Graduate Diploma in Management (PGDM).
The other two Indian schools in the top 50 this year are IIM Ahmedabad, ranked 26, and IIM Bangalore, at rank 47.
University of St Gallen in Switzerland has emerged as the topper in the Financial Times 2021 ranking of masters in management degrees for the 11th year in a row. The Switzerland-based B-School has achieved the highest score among 100 leading providers — a list dominated by European business schools.
FT bases its ranking on 17 criteria across four categories with the following weights: career success after programme completion (57%), international exposure (25%), gender diversity (12%), and faculty qualification (6%). The career success category consists of seven criteria, with an emphasis on the average graduate salary three years after completion (adjusted by FT for “salary variations between sectors, US dollar PPP equivalent.”).
Said SPJIMR Dean Dr. Varun Nagaraj: “We are honoured to be recognised by FT as one of India’s top two business schools. The FT rankings clearly highlight SPJIMR’s successful commitment to student and alumni success, faculty excellence, and diversity.”
The FT group is a part of Nikkei Inc., a Japanese holding company. The group includes the Financial Times newspaper and a number of services and joint ventures.
The 2021 FT MiM ranking reinforces SPJIMR’s position as a distinctive school of management in India with the mission of influencing practice and promoting value-based growth. The school is noted for its unique pedagogy that helps build high-performance and socially-sensitive managers who do well and do good.