The Indian School of Business (ISB) Hyderabad has maintained its top position among the Indian B-schools for the fifth consecutive year in the latest Financial Times (FT) Global MBA Rankings 2025. ISB has been ranked 27th in the Financial Times (FT) Global MBA Ranking 2025, marking a jump from last year’s 31st global ranking.
The Indian Institute of Management (IIM) Ahmedabad secured the second spot among Indian business schools, ranking 31st globally, followed by IIM Bangalore at 57th and IIM Calcutta at 61st. A total of eight Indian B-schools made it to this year’s top 100 rankings, an improvement from last year, when only six institutes made the cut.
In terms of weighted salary, IIM Ahmedabad leads among Indian B-schools. The weighted annual salary at IIM Ahmedabad stands at $219,467, the eighth-highest globally, surpassing peers like ISB ($185,885), IIM Bangalore ($179,422), and IIM Calcutta ($166,309).
The rankings show that ISB has 15% international faculty, which is the highest among all Indian institutes. However, most Indian B-schools have struggled to attract international students. For example, IIM Ahmedabad has just 2% international students, while ISB has 1%. Meanwhile, XLRI Jamshedpur ranks first globally in the salary percentage increase category, with a 249% rise in alumni pay packages from pre-MBA to post-MBA.
Deepa Mani, deputy dean (academic programmes and digital learning) at ISB said that the institute’s rise in the rankings reflects the steadfast focus on innovation and adaptability. “Just this past year, we undertook a comprehensive curriculum review for our flagship post-graduate programme in management (PGPM) as well as launched a new PGP for Young Leaders programme in keeping with our mission to develop leaders who can manage the evolving business landscape in India and globally,” she said.
Globally, four US-based business schools are featured in the top 10, with The Wharton School at the University of Pennsylvania and Columbia Business School securing the top two spots.
According to FT, a total of 125 schools participated in the 2025 ranking process. To be included in the FT rankings, an institute must compete on 21 parameters. Alumni responses contribute to eight criteria, which together account for 56% of the ranking weight. The remaining 12 criteria, based on school data, account for 34% of the ranking.