The Indian Institute of Management Bangalore (IIMB) has bagged the top place amongst business schools in the Central Asia region in the 2013 Deans’ Vote Survey, whose results were announced at the 6th Eduniversal Rankings on Wednesday evening.
IIMB is followed by IIM Ahmedabad and IIM Calcutta. The three schools bagged all the top spots in the Central Asia region among over 1,000 business schools from nine geographical regions worldwide.
The Deans’ Vote Survey comes as a consolation after no Indian university or institute was featured in the top 200 positions of the recent Times Higher Education and QS World University rankings that were published last month.
“The award means a lot to us. With Eduniversal, awards are more broad-based, as it is based on interviews with deans and directors of universities across the world,” said IIMB director (in charge) and dean academics Devanath Tirupati.
Other colleges that bagged top ranks include Harvard Business School and Yale School of Management in North America, National University of Singapore Business School and China’s Fudan University School of Management in Far East Asian region. The London Business School emerged at the top in Western Europe region followed by Copenhagen Business School.
Meanwhile, the 6th Eduniversal World Convention kicked off on Wednesday morning at IIMB.
Explaining the problems in the existing global management education, Sung Joo Park, scientific committee member of Eduniversal said there were too many business schools leading to fierce competition . “Programmes of shorter duration, and segmented as evening college, weekend and part-time will guarantee quality,” he said.
Natarajan Krishna Kumar, CEO, MindTree India said the Indian government is allowing foreign universities into the country but existing models in foreign universities have to be localised so that there is talent improvement in India.
“India stands 132 in the world in terms of ease in running a business and there is scope for growth because 64 per cent of the population is young and if equipped with education, it will add 2 per cent to the GDP,” he observed.