Originally posted by vineet
There are a number of issues that needs attention. IIMs are not included in most of the western b-school rankings because IIMs didn't bother to get their MBA programs accredited by AMBA, EQUIS, etc and in most rankings at least one such accreditation is mandatory to qualify to be considered in the ranking process. Another problem is that IIMs offer Post Graduate Diplomas and not MBA which is why they don't appear in many b-school rankings. And the verity of ISB's numbers is REALLY doubtful (in fact I am quite sure they are not correct).Being the insider of one of the IIMs and having known people from ISB, I can tell you ISB stands nowhere near the IIMs (at least the top 3 IIMs) in any parameter.
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IIMs dont figure in businessweek/forbes/FT rankings because they don't accept GMAT, high %age of class is fresher so no data around %age gain in salaries post MBA....IIM A PGPX meets these requirements and features in FT rankings...
on IIM vs ISB...i have seen my frnds shun IIM-B and IIM-A to attend ISB..and they dont repent their decisions..they re well placed with the likes of BCG anD Mckinsey..it depends on what is it that u want in life..and regarding quality of people..it depends on whom u re talkin to :) ...last year i was interviewed by Kellogg and Chicago Booth....while on campus i found dumb asses in kellogg and booth too but that's the law of averages.....
but all said and done..IIMs are THE BEST if u are looking to build a career in INDIA..high ROI and unmatched alum network...
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.. rest of them are genuine entrepreneurs
