MBAUniverse.com Rankings 2011-12: IIMs, XLRI, FMS, MDI, SPJIMR, NMIMS are Top 10 B schools!
Added: (Fri Dec 09 2011)
Pressbox (Press Release) -
The curtains are up for MBA aspirants, management educators, and recruiters to have a look at the much awaited ranking results of the B School Survey 2011-12, conducted by India’s No.1 MBA education portal MBAUniverse.com.
MBAUniverse.com team is proud to present to you the MBAUniverse.com B School Rankings 2011-12.
To see the MBAUNIVERSE.COM B-SCHOOL RANKING 2011-12: Top 20 B schools. Please go to this url: http://www.mbauniverse.com/article/id/5271/
More than 100 B schools from across the country, including IIMs, XLRI, FMS-Delhi University, JBIMS, SPJIMR, MDI, NMIMS University and IMT participated in the survey. An exhaustive 25 page questionnaire with 50 questions was sent to those B-Schools that offer a 2 year Full Time program that is accredited to be equivalent to a Full Time 2 Year MBA or equivalent.
IIMA: Admissions to the Fittest
IIMA, the No.1 rank holder, received the highest number of applications from MBA aspirants. The B school received 2,05,699 applications for 305 seats. This is the reason that the B school is often rated as the toughest to get into. The B school also had the highest entrance exam cut off for admissions, which was CAT 99.81 percentile.
Our survey data shows that IIMA also boasts of the highest number of permanent faculty -- 88 distinguished faculty members teach at IIM A. With 305 seats the faculty student ratio is the best in the country.
IIMA provides the a very high median salary of Rs. 15,15,000. This is second only to FMS Delhi's median salary.
IIM Calcutta
The Rankings 2011 reveal the edge of IIM Calcutta over other IIMs with respect to faculty. The first B school of the country has got No.1 rank in the ‘Process’ category. IIM-C has the second highest number of permanent faculty, which is 87.
Amongst the IIMs, IIM C offers the maximum number of MBA seats – 388. It received 205,699 applications, and had a very high CAT cut off of 99.59 percentile. In placements IIM-C is rated amongst the best with passing out batch getting median salary of Rs. 14,39,250.
IIM Indore
A comparatively newer IIM, IIM Indore has grown by leaps and bounds in the past few years. The B school received 1,68,137 applications for its 240 seats, which is quite high. In faculty, the B school is rich with 50 permanent faculty. With mean salary of Rs. 14,07,000 the B school has been able to catapult itself in the top league.
FMS Delhi
FMS, University of Delhi is the B school which has made its mark as the best B school in terms of ‘Output’. FMS provides the highest placements in the country with the recent passing out batch recording a median salary of Rs. 15,40,000, the highest amongst all B schools.
The B school received a high number of 57,226 applications for its 203 seats.
XLRI Jamshedpur
XLRI registers maximum number of applications in the non-IIM B schools. It received 60,316 applications for its last admissions for 240 seats. Truly, the entry to XLRI has been cut throat. The cut off has been high at 98.3 percentile. The B school has 61 permanent faculty, which is amongst the highest in the country.
How we arrived at the MBAUniverse.com B-school Rankings 2011-12
Lets now look at how MBAUniverse.com rankings were conducted.
- Under the guidance of our survey advisory body, MBAUniverse.com and research agency Facts & Data framed the survey methodology.
- We conducted MBA aspirants and MBA Recruiters survey, to provide inputs to arrive at our methodology. This gave us a multi-dimensional picture of the expectations from B-schools. MBA aspirants favour B-schools that offer high placements, while recruiters favor B-schools that have high quality of input, and faculty strength.
- For arriving at the rankings, we gathered hard data from 100+ B-schools through a 25-page questionnaire. All prominent B-schools participated in the survey. In some cases, MBAUniverse.com used the Right to Information Act (RTI) to ensure that B-schools share required data.
- MBAUniverse.com Rankings are based on latest student, faculty and placements data from B-schools. All questions were pertaining to current batch admitted in June/July 2011.
- Overall Rankings (which indicate relative quality of B-schools) are calculated on basis of three broad parameters & their respective weightages:
a) Input scores (30%); b) Process scores (39%); and c) Output scores (31%).
No perception data was used for arriving at MBAUniverse.com rankings.