IIM-B ranks among top ten in APAC region: survey

The Indian Institute of Management Bangalore (IIM-B) has been ranked # 6 in the Asia-Pacific region in the QS Global 200 Business Schools 2009: The Employers’ Choice, published recently by Quacquarelli Symonds. IIM-B is the only Indian management school to rank among the top ten, which includes business schools in Australia, Singapore, China and Hong Kong.

Significantly, IIM-B at sixth place has improved on its ranking from the ninth place it received in the previous 2007-08 report. The survey also states that the average GMAT score of students enrolled in the Post-Graduate Programme in Management at IIM-B is 780, which is the highest in the entire region.

The “QS Global 200 Business Schools 2009” originated in the early 1990s as an alternative to business school rankings and until this year has been known as the “Global Recruiters’ Top Business Schools Research”.

According to a statement from IIM-B, the report provides a list of 200 business schools currently preferred by the most international employers for the purpose of hiring MBA graduates. This list is compiled from an annual survey of Human Resources (HR) managers and line managers with recruiting responsibilities at companies around the world. Each year employers recommend new schools to be added to this list, which employers around the world can then rate and comment upon.

Quacquarelli Symonds (QS) was established in 1990 and comprises a team of over 100 highly diverse representatives from five continents and has its main offices in London, Paris, Singapore, with satellite offices in Alicante, Beijing, Johannesburg, Sydney and Washington DC.

“I am delighted that the QS report, which is an independent international survey, has rated IIM-B among the top ten business schools in the Asia-Pacific region,” said Professor Pankaj Chandra, director, IIM-B. “The votes given by employers demonstrate the confidence placed in our students. Global companies consistently recruit from IIM-B for their international operations. The votes endorse the contribution made by our students to their organizations.”