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Indian MBA students world’s most academically distinguished: Survey

imran_ind

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BANGALORE: It is students from IIM-Bangalore, not from Harvard or Stanford or even MIT, who excel at GMAT, the entrance test for the creme de la creme of B-schools across the world.

According to the QS Global 200 Business Schools report, Indian MBA candidates are the world's most academically distinguished, with students of the IIM-B, scoring the highest average of 780. IIM-B students are ahead of the leading US institution Stanford and INSEAD in Europe, the survey said.

While the average GMAT score of Stanford is 730, INSEAD lies at 704. Second to IIM-B students in GMAT score are their counterparts from IIM, Ahmedabad with 767.

The survey says, "IIM Ahmedabad is notable for the extraordinarily high average GMAT scores of its students, with its figure of 767 exceeded only by fellow Indian institution, IIM Bangalore (780). This places the two ahead of any North American or European school for the academic quality of their student intake. The fact that students enrolled at both schools have an average of just two years of professional experience underlines the tendency for academically gifted students to move quickly on to the MBA qualification at the outset of their careers, rather than using it to up-skill at mid career, as is more common in Europe and North America."

IIM-B also appears in the survey as one of the emerging global business schools across the world, overtaking Melbourne Business School.

"It is the testimony to high quality talent that our country has. It is no surprise that Indian students have outscored others from across the globe. What is needed now is the establishment of premier institutes like Harvard and Stanford in India as well, so that these young minds could express their intelligence in best possible manner. This is possible only when full autonomy is provided to the universities," said T V Mohandas Pai, chairman, Manipal Global Education Services.

"At the time of independence, our universities at Mumbai, Chennai, Calcutta, Mysore and Baroda were among the top 200 in the world. Today, they do not fare in any ranking at all. This is the result of bad government policy. Full autonomy, independent board of governors and focus on research are the factors crucial for a good university," said Pai.

The colleges were also judged on different subjects under their programme. In corporate social responsibility, IIM-B ranked 21 among the top 50 business colleges across the globe, whereas IIM-A grabbed 19th rank.

When it comes to emphasis on start-ups and small businesses to kick-start private sector growth ( entrepreneurship), IIM-B ranked 25 and IIM-A ranked 17. Under 'innovation', IIM-B was placed at 17th with a score of 90.6, whereas IIM-A ranked 13, with a score of 97.4 out of 100.

QS is an online and offline meeting place for aspiring managers, B-schools and businesses for career and educational -related decisions.

Many leaders in India

For the leadership development programme, four colleges from India feature among top 50 universities. They are: IIM-A, IIM-B, IIM-C and Indian School of Business (ISB).

Highlights of the survey

Schools ranked for employer reputation in 10 subject specializations. Harvard tops the table in three subjects, ahead of Stanford and MIT with two apiece. Wharton is number one for finance

Three Asian schools make the Elite global category: INSEAD Singapore, IIM-A and NUS Business School, National University of Singapore

No Elite Global schools in either Africa and Middle East, or Latin America

Indian MBA students world’s most academically distinguished: Survey - The Times of India
 
I don't know about INSEAD, but Stanford is famous for looking at a number of factors besides academic scores. They are known to reject such high scoring applicants in favor of someone who didn't get top scores but ran his/her own successful business for several years, or had some "interesting" life experiences. They don't want a classroom full of nerds, but an eclectic mix of life experiences.
 
I don't know about INSEAD, but Stanford is famous for looking at a number of factors besides academic scores. They are known to reject such high scoring applicants in favor of someone who didn't get top scores but ran his/her own successful business for several years, or had some "interesting" life experiences. They don't want a classroom full of nerds, but an eclectic mix of life experiences.

They are only beginning to follow that style in India. This attempt to diversify the crowd started what 2-3 years back in the IIM's. And they are taking a gradual approach.

Every IIM has a different criteria - so for example IIM-Calcutta is supposed to be the best there is in Finance. You would have people getting packages for 30-40 Lakh INR per annum straight from campus - so they tend to focus more on qualifications other than CAT/GMAT score as well. So you would find additional weightage given to people who have been entrepreneurs, have work experience, etc

But many US colleges also put value on community/social service done - that is still not here.

Its still majority emphasis on how much you score on CAT/GMAT.
 
SP Jain / JBIMS in Mumbai (both Top 10 in India) give tremendous weightage to entrepreneurial spirit.
 
Thankfully the science of life is not 'only' about GMAT. Given our conditioning and education system, GMAT comes easy to Asians, specially Indians...

Business Education does not need high GMAT scores. Look at lowest GMAT score accepted in HBS or Stanford. It would be 660, and would be from a guy with kick-*** 'real life' achievements... But that does not mean that the guy with 780 is not awesome as well and vice versa is not necessarily true...

Nevertheless, IIM A, B and C are rockstar colleges, and their entry process is arguably the most difficult in the world and while I know that a decent number of Indians enter Top 5 US B Schools, I can not believe that reverse is even possible, given the difficulty and competition of CAT exam...
 
I don't know about INSEAD, but Stanford is famous for looking at a number of factors besides academic scores. They are known to reject such high scoring applicants in favor of someone who didn't get top scores but ran his/her own successful business for several years, or had some "interesting" life experiences. They don't want a classroom full of nerds, but an eclectic mix of life experiences.

These things are true for many business schools for India too.For many courses in institutes like ISB previous work experience is a must.
 
Dean of INSEAD, Dr Dipak C. Jain. He has done his bachelors from Gauhati University.

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These things are true for all business schools.For many courses in institutes like ISB previous work experience is a must.

Are you sure? One of my friend's gf doing her MBA from ISB, Hyd..and AFAIK she doesn't have any prior work experience.
 
Apart from the Ivy League, INSEAD is the most expensive.
 
Are you sure? One of my friend's gf doing her MBA from ISB, Hyd..and AFAIK she doesn't have any prior work experience.

They prefer applicants with full time work experience (preferably of two years).Exceptional candidates with lesser experience will be considered for delayed admission.AFAIK,ISB don't even have a GMAT cut off mark,they give more importance to diverse professional experience of students.
 
Apart from the Ivy League, INSEAD is the most expensive.

From all the world renowned management brands, Manchester in UK and NYU is US are the most pocket friendly.

They prefer applicants with full time work experience (preferably of two years).Exceptional candidates with lesser experience will be considered for delayed admission.

Well, that explains it. The girl was damn hot. :P
 
From all the world renowned management brands, Manchester in UK and NYU is US are the most pocket friendly.

Even Warwick in UK is considered to be within reach.

Btw, Warwick is known to be better than Manchester.
 
in isb hydrabad one can apply from the third year only with gmat scores then if selected u have to give some articles if possible research journals ,out of 4 one will be selected and can join after 2 yrs of experience.
 
Apart from the Ivy League, INSEAD is the most expensive.

I have known two people who went to INSEAD, one in France and one in Singapore.

Both guys were good at getting scores, but had absolutely horrible people skills.
 
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