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IIM-B ranks sixth in MBA job market : Survey

Views 0 Views    Comments 0 Comments    Share Share    Posted 18-04-2009  
Business schools in India are doing well even under recession pressure. The QS Global top 200 business schools 2009 survey found the Indian Institute of Management, Bangalore (IIM-B) as the sixth most preferred B-schools in the Asia Pacific region. Moreover, IIM-Ahmedabad, IIM-Calcutta and ISB Hyderabad are at 11th, 12th and 13th ranks.


The survey has closely analyzed factors such as quality of students, specialization, success of alumni and activities of alumni network to decide top institutes. The findings of the survey indicate that business schools in India are becoming a major focus for employers as the country`s economy demands more professional managers. The report lists 200 business schools currently preferred by most international employers for hiring MBA graduates.

The recession has impacted badly the MBA job market, while employers across the world are increasingly targeting regionally strong B-schools in order to hire MBA graduates.

"The pressures of globalization mean that beyond the traditional MBA employers, there are growing number of regional MBA employers who may not have the budget to pay the salaries demanded by MBAs from elite schools. As a result, MBAs who are pro-active in their search and flexible in terms of salary expectations are expanding their range of opportunities, even in the time of recession," sources said.

The number of Asian and Australian schools in the QS global survey has increased from 10 in 2004 to 40 this year, a massive jump reflecting their growing status. It also reflects the importance of Asian recruitment amongst employers.

SP Jain Institute of Management and Research and Delhi University are the other major in Indian institutes in the list, ranking 21 and 22 respectively.

Source:
http://www.siliconindia.com/shownews/IIMB_ranks_sixth_in_MBA_job_market_Survey-n
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