FT MBA Rankings 2023 - More IIMs in the Top-100 Than Ever Before

B-schools that lost a huge chunk of places include London Business School (nine places lost), and HEC Paris (eight places lost).

Here's the shocker: Upenn's Wharton School, which has topped the FT rankings eleven times out of twenty five, is now completely out of the top-hundred. The reason? Wharton failed to get the minimum number of alumni responses to its survey.

What else has changed: the Financial Times is now giving significant weight to an institute's carbon footprint, which is now one of the most important evaluation criteria—higher than diversity and international learning exposure. This alteration is somewhat bizarre, given that a b-school's carbon footprint has little to do with the quality of learning and graduation outcomes.

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ISB is India's top b-school but slips in rankings for third year | FT MBA rankings 2023

The Indian School of Business (ISB) has, once again, been ranked as India's top management institute in the FT MBA rankings of 2023. The institute comes in at 39th place, a drop of seven places compared to last year's 32nd, and a drop of sixteen places compared to the year before that.

If this decline continues, there's a good chance of one of the IIMs outranking the institute within a couple of years.

This year, five IIMs feature in the FT MBA rankings, with IIM Lucknow breaking into the top-hundred for the first time. IIM Indore, which made its debut in 2021 (but didn't make it in 2022), makes a comeback by taking the 89th position and significantly improving on its 2021 rankings.

IIMs Ahmedabad and Bangalore have improved their rankings since last year, with the former improving by eleven positions. IIM-B has risen in the rankings by one position, but has still a long way to go before reclaiming its glory of being in the global top-forty like it did in 2021.

With six Indian b-schools in the top-hundred for the first time ever, 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.

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