Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Opinion / How many Indian CEOs have an MBA?
BackBack

How many Indian CEOs have an MBA?

There are 322 firms whose CEOs are not MBAs and it is evident that a B-school background may not be necessary to rise to the top even in the case of professional managers

Interestingly 81 of the CEOs are engineers but it is likely that many of them are engineer-MBAs. Photo: Mint Premium
Interestingly 81 of the CEOs are engineers but it is likely that many of them are engineer-MBAs. Photo: Mint

New Delhi: Does one need to have an MBA to ascend to the top of Indian companies?

Not necessarily, but it helps.

A Mint analysis shows that 144 of the CEOs of BSE 500 companies, India’s largest listed firms that make up 90% of its market capitalisation, have an MBA. Details were available for only 466 companies.

Here, the term MBA is used loosely, to also include the much sought after post graduate diploma in business management or PGDBM that is awarded by the Indian Institutes of Management or IIMs.

No other educational qualification comes close.

Interestingly 81 of the CEOs are engineers but it is likely that many of the 144 CEOs with MBAs are engineer-MBAs. The Indian Institute of Technology and Indian Institute of Management Combination was and is a popular one.

Still, there are 322 companies whose CEOs are not MBAs and it is evident that a B-school background may not be necessary to rise to the top -- even in the case of professional managers.

Here are five charts on the educational background of India’s top CEOs

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 10 Feb 2016, 11:36 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App