Harvard Business School (HBS) tops the CEOWORLD magazine’s global business school rankings for executives and entrepreneurs, 2016, that include five Indian Management Institutions.
The list, according to the global business and technology information website, aims to provide an objective assessment of the world’s best business schools, evaluated across academic reputation, admission eligibility, job Placement rate, specialization and more.
Harvard, with an overall score of 98.78 topped the list followed by London Business School (LBS) in the second place (98.67) and MIT Sloan School of Management (98.24) in the third place.
While seven of the top ten spots were captured by American business schools, European institutions occupied three—LBS at 2nd place, INSEAD (France) 4th and Iese Business School (Spain) the 10th spot.
The Indian presence was marked by Indian Institute of Management Ahmedabad (IIMA) in the 25th spot (97.21), Indian School of Business (ISB) with a score of 94.81 in the 40th spot and Indian Institute of Management Bangalore (IIMB) at 46th rank with a score of 94.24.
Then, after a very long gap, comes Xavier School of Management (XLRI) comes in the 94th spot with a score of 83.94 followed by Indian Institute of Management Calcutta (IIMC) placed 98th with a score of 81.21.
Among the Ivy League institutions, apart from Harvard, Wharton School of the University of Pennsylvania was placed 5th with a score of 97.53, Colombia Business School at 8th rank with a score of 96.87 followed in the 9th spot by Yale School of Management with a score of 96.12. Samuel Curtis Johnson School of Management was ranked 23rd with a score of 97.73 followed by Tuck School of Business at Dartmouth College ranked 27th with a score of 96.83.
CEOWORLD had surveyed more than 120,000 individuals in an extensive poll, including 22,500 students, 45,000 industry professionals, and 52,500 recruiters around the world for the top business school rankings.
Seven major indicators of quality were taken into consideration for the rankings list. These were: academic reputation, admission eligibility, job placement rate, recruiter feedback, specialisation, global reputation and influence, annual tuition and fees.
The data was collected from publicly available sources, business school’s website besides research and survey by CEOWORLD.
It measures the quality of education, job placements of students, and the recruiters’ feedback, without relying on university data submissions, students and industry professionals.