The Financial Times (FT) Global MBA Ranking 2024 has once again solidified the Indian School of Business (ISB) as a frontrunner in business education, positioning it as the leading institution in India and an impressive 31st globally, surpassing its counterparts.
Highlights from the FT Global MBA Rankings 2024: A Spotlight on Indian Business Schools
- IIM Ahmedabad: Among the top 20 business schools globally, IIM Ahmedabad stood out with one of the highest weighted alumni salaries outside the United States.
- IIM Ahmedabad: Secured the top position for career advancement, showcasing alumni’s notable progression in employment roles and organizational responsibilities.
- IIM Calcutta: Earned the top spot for the number of month-long exchanges and internships completed by its recent graduating class.
- Indian School of Business (ISB): Emerged as the leader in salary increments, showcasing the highest salary increases from MBA commencement to three years post-graduation.
The global rankings were dominated by prestigious institutions such as the University of Pennsylvania at Wharton reclaiming its title as the world’s leading MBA program in 2024, followed by Insead, Columbia Business School, SDA Bocconi School of Management, and IESE Business School. Notably, Harvard Business School, a renowned Ivy League institution, secured the eleventh position worldwide.
Top 10 Global Business Schools According to FT Global MBA Rankings 2024:
- University of Pennsylvania, Wharton
- Columbia Business School; SDA Bocconi School of Management
- IESE Business School
- Northwestern University, Kellogg School of Management; MIT, Sloan
- London Business School
- Cornell University, Johnson
- University of Chicago, Booth
The rankings assessment encompassed various criteria including alumni achievements, gender and international diversity, academic research quality, environmental policies, and salary enhancements. KPMG, a distinguished audit and advisory firm, meticulously analyzed the survey data, providing valuable insights.
Business schools were categorized into Tier I and II based on higher cohort averages, while Tier III and IV encompassed those achieving lower cohort averages, reflecting a comprehensive evaluation based on performance metrics.