There continues to be a churn in the business of management, as there is in that of management institutes. As we have been saying for some time now, a lot gets hidden behind the naked demand for MBAs in an economy growing at over 8 per cent. The economy is better off than a year ago, but the environment remains unsure for corporate India. Apart from dealing with higher interest rates and consumers battered by inflation, other issues—around land, environment norms, corporate ethics and equitable growth—have dramatically raised the stakes. This tension is getting transferred to the MBA space too. Companies are now clearer about what their newest managers should be all about. They are seeking people managers, not just bookish knowledge; they want workplace-savvy MBAs who can hit the ground running; and they are demanding that graduates have a clearer sense of the many ethical issues they will face. Students are also seeking more from an MBA, but are bewildered by an avalanche of claims. That’s where Outlook’s rigorous ranking—conducted by market research agency MDRA—comes as an invaluable guide. Our team’s package looks at the issues that B-schools, and students, cannot afford to ignore. There are also snapshots of the new wave of management gurus of Indian origin globally. It’s ironical, but some of the best work in global management is now coming from Indian minds. When will we see some of that frisson at home? As always, choose wisely.
In the selection process and age of institute (Can India Manage?, Sep 27), IIM Calcutta was ranked 8th! I believe it is the oldest IIM—only the Faculty of Management Studies is older among the colleges ranked above it. And you say the higher cat weightage for IIM-C makes the selection process weak. IIM students are admired because they clear the cat well; places giving excess weightage to 10th & 12th scores in all-round assessment are just kidding themselves. Varun, Mumbai
Strange that IIMLucknow finds no space in your top 75. Ajit Tewari, Lucknow
Outlook forgot to rank the Arundhati Roy Institute of Business Studies, specialising in how to tackle devious WB funding, IMF atrocities etc. Kiran Bagachi, Mumbai
Giving 10th standard scores weightage has led to deserving candidates giving way to average Joes at IIMs. Who has given IIMs the mandate to consider any score other than CAT? My hunch is many were given admission in earlier years and when the RTI application on admission criteria came about, the IIMs were forced to change these so as to hide earlier irregularities. A government probe is the only way out. Narendra, Indore
i think ifmr has been ranked too low. IT is a college which has the potential to be in the top 25 B schools. I respect your ranking methods but i think ifmr deserves to get a better rank. rankings of outlook give a clear insight of the colleges, that many aspiring mba students look at for making a decision with regards to there career in management
similarly IIML is not there in the rankings and hence this gives a wrong information
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