The Indian School of Business (ISB) has achieved a significant milestone by becoming the top-ranked Indian business school and the 31st globally in the Financial Times (FT) Global MBA Ranking for 2024. This means that ISB is considered one of the best business schools not only in India but also worldwide.
One of the key factors contributing to ISB’s success is the remarkable increase in salary that its graduates experience after completing their programs. According to the Financial Times, ISB leads globally in salary percentage increase, with post-graduate candidates witnessing a substantial 229% jump in compensation before and after the program. This demonstrates the value that ISB’s education adds to its students’ careers.
Ramabhadran Thirumalai, the deputy dean of Academic Programmes at ISB, attributes the school’s rise in rankings to several factors. He mentions the strong connection with alumni, a wide range of recruiters, and the hiring of a diverse faculty as crucial elements contributing to ISB’s success. Thirumalai highlights that over the past few years, ISB has consistently recruited new faculty members across various management and business disciplines, making it easier to attract global talent to the school.
Moreover, Thirumalai points out the improving quality of life in India as a factor that makes it more attractive for talented individuals compared to other locations such as Hong Kong, Singapore, Europe, and the United States.
Despite challenges posed by macroeconomic sluggishness, ISB has managed to bring in a new set of companies for recruitment, filling gaps left by traditional recruiters. This proactive approach aims to address the reduction in hiring by some companies and ensure promising career opportunities for ISB graduates.
ISB takes pride in its excellent global standings in Alumni Network and Career Services, ranked 8th and 19th respectively. These rankings underscore ISB’s dedication to student success and alumni engagement. Thirumalai emphasizes that ISB’s career advancement team actively brings in new companies to compensate for any limitations, ensuring that students have ample opportunities for career growth and development.