IIMA in top five B-schools in Asia-Australasia region
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The Indian Institute of Management-Ahmedabad has made it to the list of top five B-schools in The Economist ranking in the Asia-Australasia region. The weekly newspaper has ranked the institute as the fifth best B-school in the region in its full-time MBA ranking 2012 list, moving up from its previous ninth position.
The B-school has also been ranked 56th in the global list, a jump from the previous 78th position, and remains the only B-school from the subcontinent to make it to the ranking, which includes 100 institutes from across the world.
However, significantly IIMA has been given a score of '0' (out of 100) in the international diversity score, meaning no one from outside the region study full-time course there.
"The Indian Institute of Management at Ahmedabad is reckoned to be the leading business school in the subcontinent and also the toughest in the world to get into (over 700 people apply for every place). It has close links with industry and with state and national authorities and is increasingly international in attitude. The IIM has a good research base and an active involvement in management development in a number of important fields," The Economist reports.