The Indian Institute of Management, Ahmedabad, has been placed 11th in The Financial Times Global MBA Ranking of the world's top 100 business schools in 2011.
This debutant showing of the institute's postgraduate programme in management for executives (PGPX), a one-year, full-time MBA for executives with substantial work experience, firmly establishes it as a peer among the best management schools in the world.
The average salary of its students is $174,440, higher than those who passed out of the London Business School and the Harvard Business School. PGPX was started in 2005 to develop bright, enthusiastic and ambitious executives into management leaders and change agents in the global arena. The average work experience of the current PGPX batch is 10 years, with several students having notched up significant experience overseas.
Placement s uccess
PGPX has also been ranked first in ‘Career Progress,' a measure of the change in seniority of its participants and the size of the company its participants were in between joining the programme and upon graduation. The programme is ranked 14th in ‘Placement Success,' a measure of the effectiveness of the institute's career services. The IIM-A is also the preferred business school of recruitment by its alumni: it is ranked 10th in ‘Alumni Recommendations.'
Top three
The impressive showing by the IIM-A and the Indian School of Business, which is ranked 13, announces India's arrival on the global education scene. The London Business School, the Wharton School of the University of Pennsylvania, and the Harvard Business School are the top three management schools in that order.
