IIM-A among top B-schools: employers1 min read . Updated: 05 Dec 2012, 07:50 PM IST
Harvard, Stanford, Kellog top the list in US; INSEAD, London Business School, IMD in Europe
New Delhi: The Indian Institute of Management, Ahmedabad (IIM-A) is among the top schools in the world, and recruiters consider Indian MBA graduates the most distinguished, according to the QS Global 200 Business Schools Report published on Wednesday.
Companies that recruit MBA graduates were asked to list schools they most prefer to hire from. Harvard, Stanford, and Kellogg business schools topped the list in the US; INSEAD, London Business School, and IMD in Europe; and INSEAD, IIM-A and NUS Business School in India.
QS is a global education network; it publishes the Global 200 Business Schools Report every year.
Of the 39 institutions in the report’s elite global category, 15 are from the US and seven from Canada. Of the remaining, the UK and Spain have three each, France and Singapore have two, and Germany, Switzerland, Italy, Ireland, Denmark and India have one each.
Singling out IIM-A and IIM-Bangalore, the report said Indian MBA graduates are the world’s most academically distinguished.
“India’s IIM Ahmedabad is notable for the extraordinarily high average GMAT (Graduate Management Admission Test) scores of its students, with its figure of 767 exceeded only by fellow Indian institution IIM Bangalore (780). This places the two ahead of any North American or European school for the academic quality of their student intake," the report said.
It went on to add that the fact that students enrolled at both IIM-A and IIM-B have an average of just two years of professional experience “underlines the tendency for academically gifted students to move quickly on to the MBA qualification at the outset of their careers, rather than using it to up-skill at mid career, as is more common in Europe and North America".
“If you look at the difficulty level of entering top Indian B-schools and the proficiency level of its students, they are always up in the ladder. As the report shows, the recognition is coming now," said Bharat Gulia, senior manager, education practice at consulting firm Ernst and Young.
Madahvi Lall, regional head, human resources, India and South Asia, at Standard Chartered Bank, said her organisation is quite happy with the quality of the hires form the IIMs.
“There is no doubt that the quality of students from institutes like IIM-A or IIM-B is very good. They have always been our first choice in terms of campus recruitment," Lall said.