Indian universities have once again demonstrated their mettle in the QS Global MBA Rankings 2023, in a fiercely competitive field of business education. These rankings are important benchmarks for students interested in pursuing MBA programmes since they include variables such as employability, entrepreneurship, ROI, thought leadership, and class diversity. Numerous Indian universities have gained high ranks in the 7th edition of the Quacquarelli Symonds (QS) Global MBA Rankings 2023, demonstrating their commitment to excellence in management education.
The Crème de la Crème of Indian MBA Institutions
Let’s take a deeper look at the best Indian MBA programmes that have risen to the ranks of the world’s top 100:
1. Indian Institute of Management (IIM), Ahmedabad
The Indian Institute of Management in Ahmedabad is a beacon of exceptional business education, ranking 44th in the world. This famous college, located in Ahmedabad’s bustling Vastrapur neighbourhood, provides students with the chance to explore life beyond the campus through foreign exchange programmes. IIM Ahmedabad continues to inspire the next generation of business leaders with its rich tradition and unrelenting pursuit of academic achievement.
2. Indian Institute of Management Bangalore (IIMB)
The Indian Institute of Management Bangalore, which was ranked 50th, has been a pioneer in management education since its inception in 1973. It offers a wide range of doctorate, post-graduate, and executive education programmes to meet the different needs of its students. The IIMB’s unwavering commitment to developing future leaders has won it a well-deserved place among the world’s finest business schools.
3. Indian Institute of Management Calcutta
The Indian Institute of Management Calcutta, India’s oldest IIM, is proudly ranked 68th. IIM Calcutta, which was founded in 1961 in conjunction with notable institutions such as the Sloan School of Management, MIT, the Ford Foundation, and the Government of India, has played a crucial role in establishing the nation’s management landscape.
4. The Indian School of Business (ISB) Hyderabad
Since its inception in 2001, the Indian School of Business (ISB) Hyderabad has swiftly risen to the 78th place. ISB has revolutionised management education in India and introduced novel trends that connect with the dynamic global business environment in a very short period of time.
Rankings of Career Specialisation in QS Global MBA Rankings 2023
QS gives particular MBA programme rankings based on numerous profession specialisations in addition to overall rankings. Let’s look at the best Indian colleges for various job paths:
1. Consulting
- IIM Lucknow (33rd rank): Renowned for its premier business school offering AMBA-accredited long-term programs.
- S.P. Jain Institute of Management and Research (SPJIMR): Among the top 60, SPJIMR has earned a reputation as one of the top ten B-Schools in India.
- Management Development Institute (MDI) Gurgaon: In the top 70s, MDI Gurgaon is a highly respected name in Indian business education.
2. Finance
- Indian School of Business (ISB) Hyderabad (30th rank): Focused on grooming business leaders capable of responding effectively to changing business opportunities.
- IIM Lucknow (50s rank): Known for its fully integrated global management school.
- Indian Institute of Management Calcutta (70s rank): The oldest IIM in India.
3. Information Management
- Indian Institute of Management Calcutta (22nd rank)
- Indian Institute of Management Bangalore (40th rank)
- The Indian School of Business (ISB) (80s rank)
4. Marketing
- The Indian School of Business (ISB) (32nd rank)
5. Operations Management
- The Indian School of Business (ISB) (50s rank)
- Indian Institute of Management Calcutta (80s rank)
6. Technology
- Indian Institute of Management Calcutta (21st rank)
- Indian Institute of Management Bangalore (30th rank)
- Indian Institute of Management (IIM) Indore (35th rank)
7. Entrepreneurship
- Indian Institute of Management Bangalore (80s rank)
Global Executive in QS Global MBA Rankings 2023
QS examines Global Executive MBA programmes in addition to standard MBA rankings:
Indian Institute of Management Bangalore (43rd rank): Founded in 1973, IIMB provides a variety of doctorate, postgraduate, and executive education programmes.
Indian School of Business (ISB) Hyderabad (100th rank): ISB Hyderabad has established itself as a major participant in executive education.
The Rankings’ Methodology in QS Global MBA Rankings 2023
The QS Global MBA Rankings are created through a comprehensive process that includes corporate and academic surveys, as well as feedback from business schools. Programmes must be predominantly on-campus, full-time, and have an average class size of at least 15 students to be considered for these rankings. It is also necessary to be accredited by major organisations such as AACSB, AMBA, or EFMD. The rankings are then judged on key characteristics such as employability, entrepreneurship, return on investment, thought leadership, and class diversity.
The QS Global MBA Rankings 2023 have maintained India’s position as a management education powerhouse. Students now have a great tool to assist them pick the finest business schools for their MBA journey, thanks to numerous Indian universities flourishing on the world arena. As these institutions continue to prioritise great education and creative programmes, they make a substantial contribution to developing the leaders who will drive businesses and economies into the future.
