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media rankings of the country’s most
admired B-schools.
For this very reason after includ-
ing them in the initial B-school
rankings of EducationWorld where
they outranked all others, and also
because they collectively admitted a
minuscule 2 percent of the 2.2 lakh
graduates who wrote their annual
CAT (Common Admission Test), your
editors took a considered decision to
rank only non-government private B-
schools which admit the vast majority
of business management students.
Since then, the annual EW league
tables of India’s most admired pri-
vate B-schools has been dominated
by the Indian School of Busi-
ness, Hyderabad (ISB, estb.2002)
crowd-funded by some of the biggest ISB, Hyderabad campus: impregnable fortress
names in India Inc (Ambani, Godrej,
Piramal, Goenka among others) at an World, failed and the BJP government fortress for the media. Even e-mail
estimated cost of Rs.250 crore on a was voted out of office at the Centre in messages which don’t conform to pre-
260-acre state-of-the-art campus in General Election 2004. Subsequently determined classifications are rejected
Gachibowli, in suburban Hyderabad. in 2015, Smriti Irani, education min- by the software, the switchboard is
This private sector response in ister under the first Modi govern- strictly prohibited from disclosing cell
business management education was ment, also tried to pack the boards numbers and landline numbers get no
spurred by a determined bid made of the IIMs and failed for the same response. Therefore, your ‘umble edi-
by Dr. Murli Manohar Joshi, educa- reason, but that’s another story (see tors were unable to pass on glad tidings
tion minister of the BJP government educationworld.in/hostile-takeover- to Director Madan Pillutla or derive
(1999-2004) to pack the boards and bid-2-0). any information relating to the future
take control of the IITs and IIMs. For- Yet of late, ISB has taken a few plans of this high and mighty B-school
tunately, this bid strongly resisted by leaves out of the IIMs’ book and has (tuition and residence fee: Rs.25 lakh
the media, and especially Education- transformed into an impregnable for a 13-month programme) in limine
the new NEP 2020.
SPJMIR's Varun Nagaraj (left): "consistent commitment to excellence"
Following ISB is the perennial
second XLRI — Xavier School of
Management, Jamshedpur — “the
oldest B-school in India” — which has
been awarded higher scores than ISB
under several important parameters
viz, student selection process, place-
ments, life skills education and value
for money.
Beyond the perennial Top 2, there’s
very minor rearrangement of seating
at top table. The low-profile Man-
agement Development Institute,
Gurugram retains its #3 ranking, al-
though this year it has to share it with
the S.P. Jain Institute of Man-
agement & Research (SPJIMR),
Mumbai. NMIMS, Mumbai is
ranked #4 (cf. 3 in 2022-23) togeth-
er with Institute of Management

MAY 2023 EDUCATIONWORLD 103