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FT MBA Rankings 2024: ISB, IIMs, & XLRI Dominate Global Stage

Feb 22, 2024 | 4 minutes |
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The Financial Times MBA rankings haven't been great in the past few years for Indian B-schools. Last year, all of the IIMs slipped out of the top fifty with two of them being in the top 60, including IIM Ahmedabad and IIM Bangalore. But that's changed. In the Financial Times MBA rankings of 2024, the IIMs have made up several positions over the last year.  Two IIMs - IIM Bangalore and IIM Ahmedabad are in the top 50 B-Schools in the world. What's more, XLRI Jamshedpur has made its debut in the rankings, and IIM Calcutta and IIM Lucknow have jumped up several positions.  But what about ISB, which had been slipping in rankings for the past couple of years? Well, there has been significant improvement this year! Learn more in this breakdown of the FT MBA rankings for 2024.

ISB is India's top B-school and has improved in rankings | FT MBA rankings 2024

The Indian School of Business (ISB) has, once again, been ranked as India's top management institute in the FT MBA rankings of 2024. The institute comes in at 31st place, an improvement of eight places compared to last year's 39th, and an improvement of one place compared to the year before that.
B-School Rank in 2024 Rank in 2023 Rank in 2022 Rank in 2021 Rank in 2020
Indian School of Business 31 39 32 23 28
IIM Ahmedabad 41 51 62 48 61
IIM Bangalore 47 52 53 35 27
IIM Calcutta 67 76 68 44 42
IIM Indore - 89 - 94 -
IIM Lucknow 85 90 - - -
XLRI Jamshedpur 99 - - - -
This year, 4 IIMs feature in the FT MBA rankings 2024, with IIM Lucknow breaking into the top hundred for the second time. IIM Indore, which made its debut in 2021, has unfortunately not made it to the top 100 B-Schools in 2024. IIM Ahmedabad and IIM Bangalore have significantly improved their rankings since last year, with the former improving by ten positions. IIM-B has risen in the rankings by five positions but has still a long way to go before reclaiming its glory of being in the global top-forty like it did in 2021. 

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It's a matter of great pride that three Indian B-schools are among the top 50 globally. What’s applaudworthy is that XLRI Jamshedpur has debuted in the FT MBA rankings 2024, securing a place at the 99th position. Parameters Evaluated The ranking methodology utilized incorporates a comprehensive range of parameters to evaluate and assess educational institutions. These criteria encompass various aspects such as  - Alumni networks - Carbon footprint - Weighted salary - Salary percentage increase - FT research rank - Faculty with doctorates - International course experience - International mobility - International students - Value for money - ESG and net zero teaching - Aims achieved - Careers service - Employed at 3 months - International Faculty - Female students - Female faculty - Career progress - Sector diversity - Location by primary campus With six Indian B-schools in the top hundred, Indian B-schools are making a stronger mark in the global MBA space. We're hoping to see more Indian B-schools make it to these rankings in the next few years. Frequently Asked Questions  Q - What are the FT MBA Rankings 2024? Answer: The Financial Times MBA Rankings are widely acknowledged as a benchmark for assessing the caliber and impact of MBA programs on a global scale. Q - What is IIM Ahmedabad’s rank in the FT MBA Rankings 2024? Answer: IIM Ahmedabad was ranked 41st in the Financial Times MBA Rankings 2024. Also Read: IIM BANGALORE Summer Placements 2023-25 XLRI Summer Placements 2023-25 SIBM PUNE Summer Placements 2023-25 SPJIMR Final Placements 2024 IIM Indore placement report for batch 2022-2024 IIM Ahmedabad Final Placements 2024 IIM Lucknow Placements Report 2024 IIM Calcutta Final Placements Report 2024 TISS Mumbai (HRM&LR) Summer Placements 2023