Taking yet another significant step ahead, IIM Indore has achieved Rank #81, to feature in the Top 100 in FT Rankings in Masters in Management (MiM) 2019.
As per the FT Report, this is the 15th edition of the FT ranking of MiM programmes. Taking part in the ranking process in 2019 were a record 111 schools, that had to meet strict criteria in order to be eligible.
“This is a great debut in the FT rankings for us and we will certainly get better. The credit for this goes to the entire institution which has worked tirelessly and more importantly, as I always say, together, to make this happen’, said Prof Himanshu Rai, Director, IIM Indore. ‘While we celebrate this moment, we will now set our sights on breaking into the top 50,” he added.
According the FT Ranking Report, the schools’ programmes must be full-time, cohort-based and have a minimum of 30 graduates each year. Finally, the schools must be accredited by either AACSB or Equis. Courses are typically one or two years in length and must be directed at students with little or no work experience.
The rankings are calculated according to information collected through two separate surveys. The first is completed by the business schools and the second by alumni who finished their MiM in 2016. The ranking has 17 criteria. Alumni responses inform seven criteria that together contribute 58 per cent of the ranking’s total weight. The remaining 10 criteria are calculated from school data and account for 42 per cent of the weight.