Top B-Schools 2007: BusinessWorld

India’s Best B-Schools

BW’s survey of the best business schools in India is reassuring as well as surprising..

Top B-Schools: (in Pdf format)
Overall Rankings

Some things just do not change. Once again it’s the Indian Institute of Management (IIM), Ahmedabad that tops the BW-GfK Mode B-school Survey this year. Three other IIMs have made it to the top 10. IIM Bangalore has not been ranked because it did not share its placement data, along with data on some other sub-parameters, though it did send in its entry.The 2007 survey has thrown in a few surprises in the Top 10 as compared with the 2005 survey. Xavier Institute of Management (XIM), Bhubaneshwar and IMT Ghaziabad have slipped out of the Top 10. XIM is ranked 13th and IMT 12th this year.

The stunner this time was the Loyola Institute of Business Management, Chennai, which has made its way to the Top 20 for the first time. It shot up 15 ranks from 35 in 2005 to 20this year. Alliance Business Academy, Bangalore has shot up 10 ranks from 25 in 2005 to 15 this year. The Shailesh J Mehta School of Management, IIT Mumbai, which was ranked 13th in 2004, has slipped to the 18th rank this year.

While in the 2005 survey the IIMs collectively decided to stay away from all B-school surveys, this year the four IIMs and the Faculty of Management Studies (FMS), Delhi, which stayed away in 2005, participated.

Jamnalal Bajaj School of Management, Mumbai and Institute of Rural Management, Anand, which did not participate in the 2005 survey, stayed away this time as well. Other notable absentees include the Department of Management Studies, IIT Delhi, ICFAI Business School, Hyderabad and Mudra Institute of Communication, Anand. Fore School of Management, Delhi, which was in the Top 10 last time, too, decided to stay out of the survey.

This year’s survey, conducted by GfK-Mode Consumer Research, has some new features. We have always followed only a facility audit methodology. This year, to make the survey more comprehensive, an additional module has been incorporated — an employers’ perception audit. While the facility audit is still the core of the B-school ranking, this module supplements the main survey.

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The facility audit comprises living experience, learning experience, placements, return on investment and international exposure. Each of these modules has a series of sub-modules. While two schools may end up with similar score in the facility audit, there is usually a huge difference in the ranking within the various parameters.

Living Experience / Learning Experience
Placement Experience / Return On Investment
International Exposure /Employers Who Have Visited And Rated The B-School
Employer's Perception /

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