The Indian School of Business (ISB) has made a significant mark in the world of business education by securing the 40th position in the Financial Times’ prestigious global executive MBA (EMBA) ranking for 2024. Notably, ISB is the only Indian business school featured in the top 100, which is dominated by institutions such as the China Europe International Business School.
Key Highlights of ISB’s Ranking
In addition to its overall position, ISB excelled in several specific metrics:
8th place for having the strongest alumni network.
17th in salaries offered to graduates.
19th for percentage increase in salaries post-graduation.
These achievements underscore ISB’s commitment to nurturing a robust community of graduates who not only excel in their careers but also contribute significantly to the global business landscape.
Salary Insights
The ranking reveals that the average salary for an ISB graduate three years after completing the program stands at $328,039. In contrast, graduates from the top-ranked Chinese institution earn an impressive average of $536,759. This disparity highlights the competitive nature of global business education and the varying economic contexts in which these institutions operate.
Academic Excellence and Employer Satisfaction
Professor Deepa Mani, Deputy Dean of Academic Programmes and Digital Learning at ISB, expressed pride in the ranking, noting that it reflects the institution’s global reputation for academic excellence. She stated, “The FT’s EMBA 2024 ranking reflects ISB’s global reputation for academic excellence, including our ability to select top talent and the world-class, research-backed teaching that our learners benefit from at the school.”
The recognition of ISB’s EMBA program is not just a nod to academic rigor but also an acknowledgment of its efficacy in enhancing the career trajectories of its graduates. The high employment outcomes signify that ISB’s curriculum is effectively tailored to meet the needs and expectations of a diverse range of employers.
Focused Programs for Professionals
The ranking specifically considered alumni from the **PGPMAX class of 2020**, a program designed for seasoned professionals, senior executives, and business owners with over a decade of work experience. The program aims to equip participants with essential knowledge, skills, and tools needed to create, lead, and grow impactful businesses. This tailored approach ensures that graduates are not only well-prepared to face the challenges of today’s dynamic business environment but also positioned for significant career advancements.
Methodology Behind the Ranking
The Financial Times ranking is based on alumni responses across six key criteria, including:
Current salary
Salary increase
Career progression
Work experience
Achievements of personal aims
Quality of the new alumni network
These criteria provide a comprehensive view of the impact of EMBA programs on the careers of graduates, showcasing ISB’s effectiveness in fostering successful alumni.
ISB’s impressive ranking in the 2024 Financial Times EMBA list reaffirms its status as a leading institution in business education, not just in India but on the global stage. The school’s commitment to excellence, strong alumni network, and emphasis on real-world impact continue to attract talented individuals looking to elevate their careers. As the business landscape evolves, ISB is poised to remain a significant player, shaping the leaders of tomorrow through innovative programs and unparalleled support.
