ISB ranked 2nd glob­ally in one-year MBAs

Business Standard - - FRONT PAGE - VI­NAY UMARJI

The one-year MBA pro­gramme of the In­dian School of Busi­ness (ISB), post grad­u­ate pro­gramme, has been ranked sec­ond in the world among one-year pro­grammes in the in­au­gu­ral joint sur­vey con­ducted by Times Higher Ed­u­ca­tion and the Wall Street Jour­nal. Fol­low­ing the ISB is the one-year ex­ec­u­tive pro­gram of the In­dian In­sti­tute of Man­age­ment-Cal­cutta.

Higher scores on stu­dent par­tic­i­pa­tion and job out­come helped In­dian School of Busi­ness (ISB), Hy­der­abad, and In­dian In­sti­tute of Man­age­ment, Cal­cutta (IIM- C), clinch the sec­ond and third spots, re­spec­tively, at the in­au­gu­ral sur­vey of the Times Higher Ed­u­ca­tion (THE) and the Wall Street Jour­nal (WSJ).

The flag­ship one-year MBA pro­gramme of the In­dian School of Busi­ness (ISB), called the post grad­u­ate pro­gramme (PGP), has been ranked sec­ond in the world among one-year pro­grammes.

Fol­low­ing closely (at num­ber three in the world), is the one-year ex­ec­u­tive pro­gramme of the In­dian In­sti­tute of Man­age­ment, Cal­cutta (IIMC), named the post grad­u­ate pro­gramme for ex­ec­u­tives (PGPEX).

Only these two in­sti­tutes from In­dia made it to the THEWSJ list this year.

The rank­ing is part of a sur­vey vey to jointly gather a unique set of per­for­mance data from busi­ness schools across the world - based on the met­rics pi­o­neered in the WSJ-THE US Col­lege Rank­ings, which are de­signed to ex­plore teach­ing ex­cel­lence and stu­dent expe-ri­ence. Com­ment­ing on the rank-ings, Ra­jen­dra Sri­vas­tava, Dean, ISB, said, "The rank­ings fo­cus on teach­ing ex­cel­lence and the stu­dent ex­pe­ri­ence —we are glad that ISB's ex­cel-lence on these di­men­sions has been recog­nised and show- cased in these rank­ings. One-year pro­grammes are in­creas-ing in pop­u­lar­ity not only in Europe and Asia but also in the US since stu­dents are able to put their skills to use sooner, and have lower costs." Among the In­dian in­sti-tutes, ISB earned an over­all score of 75.7, sup­ported by a higher score in terms of stu-dent en­gage­ment and out-come scores of 90.8 and 83.4, while IIM-C scored an over­all 75.5, led by an 89 in stu­dent en­gage­ment and 85 in out-come scores.

In total, 114 busi­ness schools from 24 coun­tries were ranked in the sur­vey, apart from al­most 23,000 re­sponses to a sur­vey of busi­ness school alumni. The rank­ing is based on 20 fac­tors, en­com­pass­ing in­sti­tu­tional re­sources, stu­dent en­gage­ment, teach­ing en­vi­ron­ment and stu­dent out­comes.

The data al­lows THE to com­pare in­sti­tu­tions across a range of busi­ness pro­grammes in­clud­ing two-year MBAs, oneyear MBAs, master’s in fi­nance and master’s in man­age­ment, and to draw rich in­sights into dif­fer­ent in­sti­tu­tions and cour­ses.

What makes this rank­ing sig­nif­i­cant is the sur­vey anal­y­sis of global ap­pli­ca­tion trends that show an in­creas­ing pref­er­ence for one-year MBA pro­grammes (typ­i­cally of­fered to can­di­dates with prior work ex­pe­ri­ence) out­side the US, es­pe­cially in Asian re­gions.

“But the change in ap­pli­ca­tion trends could also re­flect an in­creas­ing pref­er­ence for the one-year MBA pro­grammes, typ­i­cally of­fered out­side the US. The mar­ket for these shorter MBAs is much more in­ter­na­tional given that the top five in­sti­tu­tions in THE’s anal­y­sis are the Univer­sity of Hong Kong, ISB, IIM Cal­cutta, Aus­tralia-based SP Jain School of Global Man­age­ment and Switzer­land’s IMD,” the sur­vey stated.

Quot­ing the Grad­u­ate Man­age­ment Ad­mis­sions Coun­cil’s an­nual Ap­pli­ca­tion Trends Sur­vey Re­port for 2018, THE and WSJ noted that most pro­grammes in the Asi­aPa­cific, Canada and Europe saw in­creases in ap­pli­ca­tion vol­umes this year.

On the other hand, ma­jor­ity of US pro­grammes saw a de­cline in the num­ber of ap­pli­cants — pos­si­bly as a re­sult of re­duced ap­pli­ca­tions from over­seas due to tighter im­mi­gra­tion poli­cies in­tro­duced by the Trump ad­min­is­tra­tion, and con­se­quent re­stric­tion on grad­u­ates’ op­por­tu­nity to work in the US.

ISB’s one-year MBA pro­gramme is global sec­ond

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