ISB Achieved Hat-trick in top 100 B-Schools of the World
Indian School of Business (ISB) Hyderabad achieved 12th rank among top 100 business schools of the world.
Indian School of Business, Hyderabad, achieved a hat-trick of sorts after making it to the Financial Times (FT) Global MBA ranking of the top 100 B-schools around the world for the third consecutive year. ISB has been the only Indian B-school on the list for the last three years.
The management institution has bettered its own erformance at the FT Rankings, and is now 12th on the list of top B-schools around the world. The ISB ranked 20th in 2008 and 15th in 2009. This year, ISB has beaten the likes of New York University: Stern, Yale School of Management, University of Oxford's Said Business School and University of Cambridge's Judge Business School.
So what is ISB's secret to success? "There really is no secret to ISB's performance. It's just a spirit of excellence and the urge to improve ourselves at each level," said K Ramachandran, who is the Thomas Schmidheiny Chair Professor of Family Business and Wealth at ISB. He likened ISB to an entrepreneur who has the constant urge to improve his products and services and is not satisfied with one year's profit alone. "Two years ago, when we ranked 20th on the Financial Times list, the chairman called both staff and students for a meeting in which he told us not to get over-confident about the feat. He said this was only an indication that we were on the right track and not the end of the journey," said Ramachandran.
Not only does the Financial Times Ranking take into account the salary that B-school graduates receive, but it also tracks their career over a period of time. "This is a realistic ranking of a B-school's performance at the ground level," said Ramachandran.
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Courtesy:- The Times of India