Page 80 - EW June 2021 Low Res

Cover Story EW India Private B-schools Rankings 2021-22

private B-schools under 12 broad pa-
rameters and 55 sub-parameters of
academic excellence. Research (400),
infrastructure (400), industry inter-
face (400) and placements (500) were
accorded highest weight. “The ranking
was based on objective data collected
from B-schools directly, from second-
ary sources plus a perceptual survey
conducted among faculty and indus-
try,” says Premchand Palety, the
founder CEO of C fore (estb.2000).
W ITH THE BEST

among India’s 5,500
private
B-schools
that have the advan-
tage of being spared interference and
gratuitous advice of the government
neta-babu brotherhood enabling them XLRI, Jamshedpur campus scene
to rapidly close the quality education
gap that separates them from the the universities of Rhode Island and been ranked #1 for three years con-
IIMs, it’s unsurprising that the In- Pittsburgh who acquired rich and var- secutively in the EW private B-schools
dian School of Business, Hyder- ied teaching and admin experience in rankings.
abad (ISB, estb. 2001) is ranked In- McCombs Business School (Texas), This year there’s no change in the
dia’s #1 private B-school for the third the Goizueta Business School at Em- seating order at top table. XLRI,
year in succession. Crowd-funded by ory University, and Singapore Man- Jamshedpur, Management De-
the biggest names in Indian industry, agement University before he was ap- velopment Institute, Gurugram
including Ambani, Godrej, Goenka, pointed dean of ISB in 2016. (aka Gurgaon) and S.P. Jain Insti-
Rajat Gupta (McKinsey & Co), ISB “ISB has carved a niche of its own tute of Management Research,
is spread over a 260-acre campus in in offering world-class education to Mumbai (SPIJMR) have retained
Gachibowli, a suburb of Hyderabad. its students. We have been regularly their #2, #3 and #4 ranks of 2020-
Curiously most B-school ranking awarded prestigious rankings from 21. The only change in the Top 5 is
surveys in mainstream media don’t premier national and international that NMIMS, Mumbai ranked #5
rank ISB because it is ‘unrecognised’ media publications and organisations. last year is co-ranked #4 with SPI-
by the Delhi-based government con- It’s important to note that by design JMR. The low-profile Institute of
trolled AICTE (All India Council for previous work experience is manda- Management Technology (IMT),
Technical Education) on the ground tory for admission into ISB. Differ- Ghaziabad retains its #5 rank of last
that it offers a 13-month compressed ences in industry experience result in year.
postgrad diploma programme in busi- different perspectives, contextualised Further down the Top 10 table,
ness management against the stan- knowledge and unanswered questions there’s considerable change in the
dard two-year programme decreed by that result in classroom discussion and seating order. Two B-schools estab-
AICTE. However, there’s little doubt debate, creating a richer learning en- lished by the well-reputed Pune-based
in the collective mind that ISB’s one- vironment. Our one-year programme Symbiosis International University —
year compressed MBA programme is is experiential and enabling. Many of Symbiosis Institute of Business
on a par with the top-ranked IIMs’ our alumni are now CXOs, CFOs, chief Management (SIBM) and the
two-year programme. The editors of marketing officers in Silicon Valley, Symbiosis Centre for Manage-
the Financial Times, London (pro- Chicago, New York, London, Dubai, ment & Human Resource Devel-
fessedly the world’s most widely read India, Singapore, Hong Kong, and opment (SCMHRD) — have been
financial daily) routinely rank ISB the valuable alumni network that we promoted by this year’s 1,117 sample
among the Top 20 B-schools world- have leveraged not only helps ISB but respondents. SIBM is ranked #6 (8)
wide. also in nation-building,” says Srivas- and SCMHRD #10 (11).
Evidently, ostracisation by AICTE tava during whose high-performance The Xavier Institute of Man-
doesn’t bother Dr. Rajendra Sriv- five-year term as director, which ends agement, Bhubaneswar (XIM) at
astava, an alum of IIT-Kanpur and in June, this blue-chip B-school has #6 (6), low-profile T.A. Pai Manage-

80 EDUCATIONWORLD JUNE 2021