Monday, 27 February 2012

INDIAN B-SCHOOLS CLIMB UP THE RATINGS

A GLOBAL SURVEY NAMES FOUR INDIAN INSTITUTIONS AMONG THE TOP 10 IN THE ASIA-PACIFIC REGION


Four Indian institutions have made it to a list of top-10 Bschools in the Asia Pacific region,in a recent survey,in a strong indication that Indian business schools have strengthened their standing among international employers.The QS Global 200 Business Schools Report 2012 notes that Indian B-schools have moved up in almost all specialisations in Asia-Pacific rankings.
The report,which names 36 top business schools in the region,including 11 in Australia,points out that India has improved considerably in recent times,with six schools on the list,including four in the top 10.
The Indian B-schools that have made it to the top 10 among the Asia-Pacific region are Indian Institute of Management Ahmedabad (2nd),Indian Institute of Management Bangalore (5th),Indian School of Business (7th) and Indian Institute of Management Kolkata (8th).The other two business schools named include S P Jain Institute of Management and Research at 16th rank and Indian Institute of Foreign Trade which made the cut this year for the first time at 21st place.
Business schools in India are continuing to climb up the ratings,the report observes."In an economy that is rapidly growing in global importance,the rise in employer opinion of MBA graduates is extremely promising in ensuring development of future business leaders to sustain the fast-paced economic growth,"the report said.It also observes that business schools in the Asia-Pacific region are strengthening their position in the global MBA education scene.In 2004,only 10 Asian and Australian schools had been included;the number has gone up to 36 this year.
"Economic growth in some Asian countries,particularly in China and India has heightened the demand for more accredited business schools in the region in order to train the next generation of successful business leaders,"the report said.
"In a world that is growing more integrated by the year,the importance of future business leaders having an international outlook cannot be underestimated,"says the recent report on B-Schools,the QS Global 200 Business Schools Report 2012.
"In their quest to ensure MBA students are given the international exposure needed to operate in the heavily globalised world that they work in,many business schools place a high importance on international class diversity."
The report,based on details provided by 2,000 employers who recruit MBAs,notes that while business schools in Asia are still in the developing stages,the rapid rise in the number of schools meeting their criteria are very impressive.
It points to a fastpaced increase in the quality of the region's MBA programs which are increasingly being recognised by international employers".
The report notes that management education is globalising,with the last decade having seen an increase in the number of accredited business schools in emerging markets such as in the BRIC countries (Brazil,Russia,India,and China).Pointing out that while B-schools in Europe and the United States are still the most popular,it finds that those in the Asia-Pacific region are gaining in popularity.
The report refers to the rise of the BRIC nations,saying: Throughout the QS Global 200 Business Schools Report,one theme in particular stands out: Indian business schools are fast gaining popularity among MBA employers.In almost all specialisation ratings,Indian schools have climbed considerably when compared to last year.
The QS report observes that this is even the case for international management,as while Indian business schools feature lower down the rating than they do in other specialisations,they are still climbing and showing promise in developing a greater international outlook among their MBA graduates.

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