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St Gallen Tops FT Masters in Management 2019, IIMs Make Fresh Inroads in the Rankings

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Even as the top 10 B-schools in the FT Masters in Management 2019 maintained their dominance in the rankings, the Indian Institutes of Management (IIMs) made inroads in the list of 100 with IIM Udaipur and IIM Indore being the fresh entrants.

The Top 10 Rankings

University of St Gallen, Switzerland held on to the top rank for the 8th successive year with the graduates of its MA in Strategy and International Management drawing a weighted salary of US$ 111,015 registering a salary increase of 53%.

HEC Paris retains the second rank with the graduates pulling in a weighted salary of US$ 107,381 and a salary increase of 80%. The 3rd rank is a tie between London Business School (LBS) and Essec Business School.

IIM Calcutta tops the Indian B-schools in the ranking at 17, climbing 6 places from its 23rd rank last year.

There is no claimant for the 4th rank. ESCP Europe holds the 5th rank followed by RSM Erasmus (6), University College Dublin: Smurfit (7), Cems Global Alliance (8) WU (Vienna University of Economics and Business) is ranked 9th and SDA Bocconi 10th.

In 2018, LBS was in the 3rd place with Essec in the 4th. This year, Bocconi dropped four spots from the 6th rank to 10. RSM Erasmus, however, climbed two places from its 8th rank in 2018. Cems Global also moved up one place. IE dropped to rank 16 from the 10th rank it held in the previous year. WU was the new entrant in the top ten in 2019.

IIMs in the Rankings

IIM Calcutta tops the Indian B-schools in the ranking at 17, climbing 6 places from its 23rd rank last year. With a 3-year average of 23, IIMC had climbed all the way from its 28th rank in 2017.

In terms of alumni career progress, the weighted salary is US$    134,348. The salary percentage increase is 50 and the value for money rank is 87. Career progress rank is 36 and Aims achieved 84%. Careers service rank is 7 and Employed at three months 100%.

IIM Ahmedabad is at rank 21, dropping two places from 19th rank in 2018. Having maintained a three-year average of 20, IIMA was ranked 21 in 2017, moved up to 19th rank in 2018, slipping once again to 21 this year.

In terms of alumni career progress, the weighted salary is 131,627. The salary percentage increase is 45 and the value for money rank is 94. Career progress rank is 27 and Aims achieved 83%. Careers service rank is 11 and Employed at three months 100%.

IIM Bangalore slipped from its 26th rank in the previous year to 44 this time. The school has a three-year average of 32. It was ranked 26 in 2017 and 2018. In alumni career progress, the weighted salary is US$ 123,618. The salary percentage increase is 41 and the value for money rank is 95. Career progress rank is 62 and Aims achieved 76%. Careers service rank is 34 and Employed at three months 100%.

A new entrant in the rankings, IIM Udaipur is placed at 76.  In alumni career progress, the weighted salary is US$ 88,281. The salary percentage increase is 59 and the value for money rank is 76. Career progress rank is 23 and Aims achieved 80%. Careers service rank is 40 and Employed at three months 99%.

The other new entrant, IIM Indore is ranked 81. In alumni career progress, the weighted salary is US$ 96832. The salary percentage increase is 52 and the value for money rank is 96. Career progress rank is 64 and Aims achieved 74%. Careers service rank is 77 and Employed at three months 100%.

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  1. Why doesn’t government show these rankings? Is this because they still trust age-old ancient UGC policies of claiming MIM as an MBA. Do you think India is lagging because of these policies? Should India promote privatization, deregulation and denationalization with minimum governance of Indian entities?

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