Excellent or poor? Here's how to read the ratings of business schools

The final scores are used to classify business schools in different categories

The methodology for the Business Standard B-School Survey uses a combination of self-audit by the institutes and an external rating by industry.

The final ranking of the business schools that have participated this year has been obtained by arriving at a weighted composite score comprising the audit index and the perception index. The audit index is calculated on the basis of a self-audit (with suitable back-checks) by the B-schools on six different parameters. The perception index is a weighted score arrived at by merging ratings obtained from the industry — alumni and HR professionals.

Each parameter has been assigned a