Mba Study
Content
IIM-A maintains leadership, IIM-B closing in Average salaries see a 20% rise in top b-schools BFSI, IT, Consulting & FMCG favorite haunts for India’s graduates
Mumbai, Jan 11: As 1.85 lac students in India await their fate with the CAT results, India’s No. 1 English business news channel*, CNBC-TV18 released the latest edition of its annual B-School rankings study, ‘India’s Best BSchools 2012’ today. The 4th edition of the ranking covers 145 B-Schools, 235 recruiters and 217 faculty members, across a dual methodology, making it one of India’s leading and most comprehensive rankings for management education. (*Source: TAM, Market: All India, TG: CS AB Males 25+, Time Period: wk 1 – 53 2011, All Days, 0600-2400 hrs) CNBC-TV18’s India’s Best B-Schools 2012 Rank 1 2 3 4 5 6 7 8 9 10 B-School IIM, Ahmedabad IIM, Bangalore IIM, Calcutta IIM, Lucknow XLRI, Jamshedpur MDI, Gurgaon NITIE, Mumbai IIM, Indore SP Jain, Mumbai IIM, Kozhikode
CNBC-TV18’s ‘India’s Best B-Schools 2012’ Unveiled
Note: ISB, Hyderabad & SIBM, Pune did not participate in the data survey For full ranking details and methodology, log onto www.cnbc-tv18.com/bestbschools
Rise of IIM-Bangalore IIM Ahmedabad led the rankings and continues to be the benchmark for MBA education in India. However, IIM Bangalore is running very close driven by its improved performance in areas such as industry interface & international linkages. IIM’s continued their pre-eminence amongst management schools, with as many as six out of the top 10 B-schools being an IIM. Placements BFSI, IT, Consulting & FMCG continue to be favorite haunts for India’s top b-school graduates as they accounted for almost 70% of B-School recruiters. In terms of average salaries, India’s top b-schools saw an average increase of approximately 20%. However, amongst the lower ranked schools, there were considerable challenges in terms of intake as well as salary increases and placements. At IIM-A, the maximum salary offered for an Indian job was Rs 37 lacs per annum and for a foreign posting was US $ 139.64 thousand per annum.The average and median salary figures were 16.36 lacs per annum and 15.15 lacs per annum respectively. About 14 percent of the graduates were posted abroad. As is known, IIM-A has recently introduced the ‘cohort’ based placement system, wherein companies that offer similar roles, profiles, salaries, locations etc would visit campus together at a particular time basis batch preferences.
Greater impetus for research and entrepreneurship IIM-A led the pack in terms of research, with a large number of publications by its faculty members in leading A grade journals. On the whole, there has been an improvement in research published by leading b-schools in the country, as compared to last year. In almost all top B-Schools there are now various programmes to promote entrepreneurship. In about 15 top Schools, business incubators are active. Ever since its inception, the incubation centre at IIM A has worked with over 55 aspiring enterprises out of which close to 45 are still operating and leveraging their expertise, whereas the incubation centre at IIM-B has launched 45 projects so far.
Rankings at a Glance
Edition Participating B-Schools Recruiters Participants Methodology 2012 is the 4th Edition 145 B-Schools 235 Recruiters Interviewed Dual (Data Based Quantitative Survey & Perception Ratings) Placement Performance, Industry Interface, Intellectual Capital, Infrastructure & Facilities, International Linkages and Recruiter Satisfaction.
Category of Rankings
These rankings were developed using a detailed dual methodology which surveyed key stakeholders in management education including B-School institutions, faculty and recruiters. This in-depth methodology, comprised of an extensive data based quantitative survey as well as perception based inputs, making ‘CNBCTV18’s India’s Best B-Schools 2012’, one of India’s leading and most comprehensive B-School rankings. For the 2012 rankings, CNBC-TV18 partnered with the premier market research and consulting firm Centre for Forecasting & Research (C-fore). For full ranking details and methodology, log onto www.cnbc-tv18.com/bestbschools Speaking on the rankings and B-schools in India Premchand Palety, Chief Executive, C-fore said “Like last year this year again we evaluated B-Schools on six broad and 54 sub parameters. In majority of the areas the performance of the top ranking B-Schools have improved compared to last year. However, things are not that rosy when we look at the lower end of the spectrum which comprises of most of the 4000 plus B-Schools. Most of them are struggling to get students and also recruiters.” Speaking on 2012 edition of the rankings Suresh Venkat, Editor-Special Projects, CNBC-TV18 said “These rankings are an attempt to provide insights which can help students make effective decisions on their B-School journey, as they navigate an increasingly complex set of choices today and an extremely competitive environment. Over the years, through our comprehensive B-School study, we’ve tried to address various stakeholders in management education and ensure India’s future business leaders have a helpful guide when making a critical career choice”
Methodology of the Rankings Research organization C fore conducted the survey to rank top B-schools in India. The survey is based on the objective data collected from 145 B-schools and also perceptual survey conducted among 235 recruiters and 217 faculty members. The validation exercise was carried by a special team which crosschecked the data by asking for necessary documents like appointment letters, balance sheets, annual report etc. Veracity of information was also checked by mystery auditing method. The overall scores were obtained by evaluating B-schools against 54 sub parameters under the following broad parameters – 1. Intellectual capital 2. Placement performance 3. Infrastructure and facilities 4. Industry interface 5. International Linkages 6. Recruiter Satisfaction
About CNBC-TV18 CNBC-TV 18 is India's No.1 English business news channel*.CNBC-TV18 has been an integral part of the Indian economic story, spearheading and mirroring these enterprising times. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India’s most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
(*Source: TAM, Market: All India, TG: CS AB Males 25+, Time Period: wk 1 – 53 2011, All Days, 0600-2400 hrs)
Mumbai, Jan 11: As 1.85 lac students in India await their fate with the CAT results, India’s No. 1 English business news channel*, CNBC-TV18 released the latest edition of its annual B-School rankings study, ‘India’s Best BSchools 2012’ today. The 4th edition of the ranking covers 145 B-Schools, 235 recruiters and 217 faculty members, across a dual methodology, making it one of India’s leading and most comprehensive rankings for management education. (*Source: TAM, Market: All India, TG: CS AB Males 25+, Time Period: wk 1 – 53 2011, All Days, 0600-2400 hrs) CNBC-TV18’s India’s Best B-Schools 2012 Rank 1 2 3 4 5 6 7 8 9 10 B-School IIM, Ahmedabad IIM, Bangalore IIM, Calcutta IIM, Lucknow XLRI, Jamshedpur MDI, Gurgaon NITIE, Mumbai IIM, Indore SP Jain, Mumbai IIM, Kozhikode
CNBC-TV18’s ‘India’s Best B-Schools 2012’ Unveiled
Note: ISB, Hyderabad & SIBM, Pune did not participate in the data survey For full ranking details and methodology, log onto www.cnbc-tv18.com/bestbschools
Rise of IIM-Bangalore IIM Ahmedabad led the rankings and continues to be the benchmark for MBA education in India. However, IIM Bangalore is running very close driven by its improved performance in areas such as industry interface & international linkages. IIM’s continued their pre-eminence amongst management schools, with as many as six out of the top 10 B-schools being an IIM. Placements BFSI, IT, Consulting & FMCG continue to be favorite haunts for India’s top b-school graduates as they accounted for almost 70% of B-School recruiters. In terms of average salaries, India’s top b-schools saw an average increase of approximately 20%. However, amongst the lower ranked schools, there were considerable challenges in terms of intake as well as salary increases and placements. At IIM-A, the maximum salary offered for an Indian job was Rs 37 lacs per annum and for a foreign posting was US $ 139.64 thousand per annum.The average and median salary figures were 16.36 lacs per annum and 15.15 lacs per annum respectively. About 14 percent of the graduates were posted abroad. As is known, IIM-A has recently introduced the ‘cohort’ based placement system, wherein companies that offer similar roles, profiles, salaries, locations etc would visit campus together at a particular time basis batch preferences.
Greater impetus for research and entrepreneurship IIM-A led the pack in terms of research, with a large number of publications by its faculty members in leading A grade journals. On the whole, there has been an improvement in research published by leading b-schools in the country, as compared to last year. In almost all top B-Schools there are now various programmes to promote entrepreneurship. In about 15 top Schools, business incubators are active. Ever since its inception, the incubation centre at IIM A has worked with over 55 aspiring enterprises out of which close to 45 are still operating and leveraging their expertise, whereas the incubation centre at IIM-B has launched 45 projects so far.
Rankings at a Glance
Edition Participating B-Schools Recruiters Participants Methodology 2012 is the 4th Edition 145 B-Schools 235 Recruiters Interviewed Dual (Data Based Quantitative Survey & Perception Ratings) Placement Performance, Industry Interface, Intellectual Capital, Infrastructure & Facilities, International Linkages and Recruiter Satisfaction.
Category of Rankings
These rankings were developed using a detailed dual methodology which surveyed key stakeholders in management education including B-School institutions, faculty and recruiters. This in-depth methodology, comprised of an extensive data based quantitative survey as well as perception based inputs, making ‘CNBCTV18’s India’s Best B-Schools 2012’, one of India’s leading and most comprehensive B-School rankings. For the 2012 rankings, CNBC-TV18 partnered with the premier market research and consulting firm Centre for Forecasting & Research (C-fore). For full ranking details and methodology, log onto www.cnbc-tv18.com/bestbschools Speaking on the rankings and B-schools in India Premchand Palety, Chief Executive, C-fore said “Like last year this year again we evaluated B-Schools on six broad and 54 sub parameters. In majority of the areas the performance of the top ranking B-Schools have improved compared to last year. However, things are not that rosy when we look at the lower end of the spectrum which comprises of most of the 4000 plus B-Schools. Most of them are struggling to get students and also recruiters.” Speaking on 2012 edition of the rankings Suresh Venkat, Editor-Special Projects, CNBC-TV18 said “These rankings are an attempt to provide insights which can help students make effective decisions on their B-School journey, as they navigate an increasingly complex set of choices today and an extremely competitive environment. Over the years, through our comprehensive B-School study, we’ve tried to address various stakeholders in management education and ensure India’s future business leaders have a helpful guide when making a critical career choice”
Methodology of the Rankings Research organization C fore conducted the survey to rank top B-schools in India. The survey is based on the objective data collected from 145 B-schools and also perceptual survey conducted among 235 recruiters and 217 faculty members. The validation exercise was carried by a special team which crosschecked the data by asking for necessary documents like appointment letters, balance sheets, annual report etc. Veracity of information was also checked by mystery auditing method. The overall scores were obtained by evaluating B-schools against 54 sub parameters under the following broad parameters – 1. Intellectual capital 2. Placement performance 3. Infrastructure and facilities 4. Industry interface 5. International Linkages 6. Recruiter Satisfaction
About CNBC-TV18 CNBC-TV 18 is India's No.1 English business news channel*.CNBC-TV18 has been an integral part of the Indian economic story, spearheading and mirroring these enterprising times. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India’s most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
(*Source: TAM, Market: All India, TG: CS AB Males 25+, Time Period: wk 1 – 53 2011, All Days, 0600-2400 hrs)
