The Indian Institute of Management Bangalore (IIMB) and the Indian Institute of Management Kozhikode (IIMK) have both distinguished themselves in the Financial Times (FT) Masters in Management (MiM) Ranking 2024. IIM Bangalore secured the 41st position globally and 3rd in India, while IIM Kozhikode climbed nine spots to achieve its best-ever global rank of 68th. IIMB excelled in key metrics such as International Course Experience, Weighted Salary, Salary Percentage Increase, Value for Money, Career Services, Female Student Representation, and International Work Mobility, while IIMK continued its upward trajectory in global rankings.
The FT MiM ranking evaluates institutions based on 19 key criteria, with alumni feedback accounting for 56% of the weight. This emphasis on alumni outcomes ensures the ranking reflects the real-world impact of the education provided. The remaining 44% is derived from school data, considering factors such as return on investment, career progression, ESG performance, carbon footprint, and diversity.
IIMB’s adaptability and focus on international partnerships have maintained its reputation for excellence in business education. IIM Kozhikode, meanwhile, has shown consistent improvement, ranking 9th among Asian B-schools for its Post Graduate programmeme (MBA). Additionally, IIMK improved its position in the 2024 Financial Times Executive Education (Open Enrollment) Ranking, rising two spots to 70th globally after debuting at 72nd in 2023.
Founded in 1973, IIM Bangalore is an Institute of National Importance and one of India’s premier business schools. Established in 1973, it was the third of the first-generation IIMs founded by the Government of India. IIMB was created as a center of excellence for education, training, research, and consulting in management and related fields.
IIM Kozhikode (IIMK), the fifth IIM established by the Government of India in 1996, began its academic journey in 1997 with its flagship Postgraduate programme (PGP). Today, IIMK is on a rapid growth trajectory, offering one of the broadest ranges of academic programmes in management education.
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