IIM-B ranked 48 on FT's top 50 executive education schools list

The Financial Times (FT) Executive Education 2015 Top 50 Rankings saw the Indian Institute of Management-Bangalore (IIM-B) at the 48th position.

IIM-B was the only Indian B-school to feature in the top-50 for executive education.

In separate rankings by FT for open and customised executive education programmes, IIM-B retained the 53rd position. It debuted at the 57th position in the FT Customized Executive Education Rankings 2015.

IIM-B was the only B-school from India to be ranked in the open executive education rankings. In the customised rankings, it was followed by IIM-Ahmedabad, which debuted at the 83rd position.

Executive education offers non-degree programmes to corporations and working professionals which are either "customised" according to the requirement for the organisation or "open" to all professionals.

Shyamal Roy, chairperson (executive education) at IIM-B, said: "IIM-B's position in the Financial Times 2015 rankings reflects our efforts towards achieving academic excellence and positions us as the forefront of imparting world-class business education in India. It encourages us to continue our commitment to design and offer MBA programmes that will cater to the emerging global requirements."

The FT 2015 rankings are based on the satisfaction of the participants and clients, the diversity of participants and faculty and the schools' international exposure. Participating schools are marked on various parameters, from preparation to facilities, which accounts for 80 per cent of the ranking.

Commenting on the rankings, Ishwar Murthy, dean-faculty of IIM-B, said, "Our current position in the FT ranking is really the result of two factors: The quality of our faculty, and a process of continuous improvement in the delivery of our executive education programmes. In particular, the latter involved a lot of hard work and planning. I am confident that with the path that we have embarked on, we will do even better in the years to come."