IIM Ahmedabad, Bangalore, ISB, IIM Kozhikode Feature in FT Global Executive Open MBA Ranking 2023

IIM Ahmedabad, IIM Bangalore, Indian School of Business (ISB) with campuses at Hyderabad & Mohali and IIM Kozhikode feature as Top Indian B-schools, in the recently released Financial Times (FT) Global Executive MBA Open 2023 rankings. IESE  Business School with campuses in Spain, US, Germany & Brazil is ranked #1 globally. Along with this, FT Global Executive MBA Custom ranking 2023 has also been released featuring ISB, IIM Ahmedabad and IIM Bangalore as top B-schools in India, while the Duke Corporate Education, USA is ranked #1 globally for this program.

It is important to note that FT Global Executive MBA Open and Executive Custom Ranking 2023 have been released separately for each executive program. Prior work experience is the necessary admission criteria in both the programs.

Financial Times Executive MBA Education Open 2023 Rankings
Top Ranked B-schools Globally and in India as per FT Executive MBA Education Open 2023 rankings are:

Rank	School Name	Location
1	IESE Business School	Spain/US/Germany/Brazil
2	HEC Paris	France/Qatar
3	Esade Business School	Spain
4	Insead	France/Singapore/UAE
5	University of Oxford: Saïd Business School	UK
45	Indian Institute of Management Ahmedabad	India
47	Indian Institute of Management Bangalore	India
65	Indian School of Business	India
72	Indian Institute of Management Kozhikode	India

Key highlights, USPs and latest updates of four top B-schools in India which are ranked in FT Executive MBA Education Open ranking are:

IIM Ahmedabad: Ranked # 1 in India
The Indian Institute of Management Ahmedabad (IIMA) is a premier global management institute. It has been ranked #1 in India, for its Executive Education programmes, as per the latest Financial Times (FT) Executive Education Rankings 2023.  IIMA also holds the #2 rank in Asia and the 45^th rank, globally. 

On the occasion, Prof Bharat Bhasker, Director, IIM Ahmedabad, said, “IIMA has been consistently commended for its executive education programmes by professionals as well as industry leaders and it is heartening to see this reflected in the various parameters of the FT rankings. More importantly, we have improved our own performance over the years. Our close connect and understanding of the industry makes us uniquely placed to play the role of a knowledge partner through our executive education programmes.”

IIM Ahmedabad Executive MBA Education
IIM Ahmedabad first launched its Executive Education Programmes in January 1964. IIMA pioneered a unique Three-Tiered Programme for Management Development (dubbed later as the 3TP) with three different levels of the firm’s managerial cadre (middle, senior and top) attending the programme in different batches and for different durations.  Overall, IIMA’s Executive Education programmes have done well on several parameters in the rankings, which include international participants, international location, faculty, programme design, teaching methods, aims achieved, value for money and future use, among others. Key highlights of the programmes are:

• IIM Ahmedabad offers a diverse portfolio of 200 curated Executive MBA programmes in open enrolment and customised formats
• The programmes are designed for a diverse set of audiences that include business leaders, policymakers, industry professionals, among others
• The programmes are delivered in all formats – in-person, online and blended. 
• For the past 59 years, the programmes are carefully curated involving a judicious mix of real-life case studies, case discussions, lectures, quizzes and assignments
• The pedagogy used in these programmes remains highly interactive and engaging. 

IIM Bangalore Executive MBA Open Education: Ranked #2 in India  
For its Executive MBA Open program, IIM Bangalore is ranked #2 in India and is ranked # 47 Globally in the FT Global Executive MBA Open Rankings 2023.

Prof. Padmini Srinivasan, the Chairperson of EEP said, “These are exciting times, and we are geared towards increasing our impact on individuals, organizations, and various sectors of the industry.”

Commenting on the latest FT Rankings, Parthasarathy, the Chief Programme Officer of Executive Education said, "The rankings reflect our consistent growth story over the years and we are continuing to create unique offerings mapped to the requirements of organizations through superior customer experiences.”

Key highlights of the IIMB Executive MBA open programs are:

• The Open Programmes are either Short Duration Programmes(SDPs) or Long Duration Certificate Programmes(LDCPs)
• A good number of IIMB upcoming, on-campus open courses are now being offered as Live Online open programmes
• The Short Duration Programmes (SDPs) are of 3-5 days duration and address some of the issues facing the industry practitioners and/or based on the research interests of IIMB faculty.
• The Long Duration Programs (LDCPs) are part-time programmes offered over 2-12 months. They address the needs of Managers for General Management skills or impact specialized skills/knowledge in a niche area such as Business Analytics, Entrepreneurship or Finance. The LDCPs are being offered as a combination of live online and on-campus sessions (at a later point in time)
• The participants' diversity in open programmes contributes significantly to cross-learning and provides continuing networking opportunities beyond the classroom.
• These programmes are held at IIMB campus.
• A certificate of completion will be awarded by IIMB to participants on successful completion of the programme(s).
• IIMB also offers Live Online Custom programmes tailored to suit the participant’s organization’s learning needs (in addition to the On-campus Custom programmes)
• IIMB has been working with various existing clients and prospective customers for customised, bespoke certificate programmes and webinars

Indian School of Business (ISB) Executive Open MBA: Ranked #3 in India
In the FT Executive Education Open Ranking 2023, ISB has been ranked #3 in India, and #65 globally. ISB is also ranked #1 globally in the ‘Growth’ parameter, which considers overall revenue growth from open programmes and repeat business.

Commenting on the ranking, Professor Deepa Mani, Deputy Dean - Executive Education and Digital Learning, ISB, said, “The FT ranking emphasises the significant value that our executive education programmes deliver to senior professionals across a range of organisations in both the private and public sectors. We are grateful for the faith our clients reposed in us that has helped us rank # 1 in the ‘Future Use’ parameter. ISB Executive Education empowers participants with the skills, mindsets and networks required to manage and lead in this new world and achieve their distinctive personal and professional goals.”

Key highlights of ISB MBA Executive programmes are:

• ISB Executive MBA education programmes are aligned with evolving global trends and the current and future needs of its client organisations
• ISB Executive Education offers a wide range of bespoke learning solutions that addresses organisations’ unique business challenges and meet their strategic business objectives
• The learning solutions are based on a deep understanding of the enterprises’ context and their teams’ strength and potential, delivered through a holistic pedagogy, and through a variety of formats
• Over the years, ISB has trained over 50,000 executive education participants. 

IIM Kozhikode Open Enrolment MBA Executive Education: Ranked #4 in India
Financial Times Global Ranking has placed IIM Kozhikode among the top 4 Schools in India and among top 75 Schools worldwide for its Open Enrolment Executive Education Program. IIM Kozhikode is ranked ahead of European business schools such as Bologna Business School from Italy, Solvay Brussels School of Economics and Management from Belgium, and Nottingham Business School at NTU from United Kingdom (UK).

The debut in FT Rankings ranks IIM Kozhikode at 72^nd position among the top-75 Open-enrolment executive program globally. This comes in the back of IIMK leapfrogging 100 spots to be placed in the Top 251-300 Institutes in Business & Management Studies globally, in the Quacquarelli Symonds (QS) World University Rankings by Subject 2023, released in March 2023.

Expressing his delight over the achievement, Prof. Debashis Chatterjee, Director IIM Kozhikode, said, “IIM Kozhikode’s debut in the globally acclaimed FT Rankings is a testimony to the Institute’s investment in Executive Education and the pioneering legacy of the Institute in breaking new grounds in the digital age. Our Management Development Programmes are designed to provide working executives with state-of-art concepts and practices in management in a fast-paced and concentrated short duration. These Rankings are also a reflection on IIMK’s commitment towards the resolute pursuit of a holistic and intense approach to learning in the field of business and management studies. The dedication and passion of IIMK’s experienced faculty and staff in executing Management Development Programmes with the objective of enhancing the learning experience of the executive participants is also one of the reasons of high satisfaction of the participants which reflected truly in the ranking”. 

IIM Kozhikode Executive MBA programs key highlights are:

• Expert faculties preparing tailor-made course design to meet the requirement of the open enrolment participants at IIM Kozhikode’s unique e-MDP (Management Development Programmes) including IIMK Kochi Campus
• Using participant centered teaching methods to create content relevant and rigorous for the participants
• During the past financial year (01 April 2022 - 31 March 2023), IIM Kozhikode conducted a total of 120 Management Development Programmes (MDPs) with a total of 6397 participants
• Under the open-enrolment category, the Institute has championed thought leadership among the C-Suite professionals through offerings such as Senior Management Programmes (SMP) while moulding middle management professionals for senior roles through Advanced Management Programmes and General Management Programmes
• IIMK remains in constant conversation with the alumni of these programmes to keep them relevant and contemporary
• Some of the prominent beneficiaries of IIMK MDP were from Microsoft, Walmart India, Amazon Development Centre India, Siemens Limited, Citibank, Coco-Cola India, Infosys, Reliance Industries, Volvo CE India, Philips India Ltd, Dell Technologies, HCL Technologies Ltd, Cognizant Technologies, IBM India Pvt Ltd, Accenture, Flipkart, Britannia Industries Limited, Deloitte Haskins and Sells LLP, GAIL India Ltd, TCS, Cognizant, J.P.Morgan, Pfizer Limited, Capgemini, Goldman Sachs,  Confederation of Indian Industry (CII), Ministry of Ayush, Kerala Startup Mission, African-Asian Rural Development Organization (AARDO) member countries, Department of Economic Affairs (Ministry of Finance) among many others.

Financial Times Executive Education Custom 2023

Below are the top institutes globally and in India ranked in FT Executive MBA education Custom 2023 released on May 22, 2023

Rank	School Name	Location
1	Duke Corporate Education	US/UK/Singapore/South Africa
2	Insead	France/Singapore/UAE
3	HEC Paris	France/Qatar
4	Iese Business School	Spain/US/Germany/Brazil
5	ESMT Berlin	Germany
29	Indian School of Business	India
45	Indian Institute of Management Ahmedabad	India
53	Indian Institute of Management Bangalore	India

Indian School of Business: Ranked # 1 in India
ISB is ranked #1 India in the Financial Times (FT) Executive Education Custom Ranking 2023. ISB has retained this top position in India and is ranked #29 globally, a significant jump from last year's ranking of #38. One of the significant features of the ranking is that ISB has been ranked #1 globally on the ‘Future Use’ parameter, which measures the likelihood of clients choosing ISB for future customised programmes and re-commissioning the same programmes. Some of the other key parameters where the School is ranked well globally include growth (#6), international clients (#11), and value for money (#23).

IIM Ahmedabad: Ranked # 2 in India
IIMA has been ranked #2 in India and 45^th globally in FT Executive Global MBA Custom Programmes rankings 2023. This year, IIMA moves up by five places in the custom Executive MBA ranking.

IIM Bangalore: Ranked #3 in India
Among the top global B-schools IIM Bangalore is ranked #53 and ranked #3 in India in the FT Executive Global MBA Custom programs. The Executive Education programmes witnessed more than 5500 participants during the last year. IIMB offered over 150 Executive Education programmes in FY 2022-23 across different formats that catered to various sectors, levels, and management disciplines. Top management programmes such as the Advanced Management Programme (AMP) and Independent Directors Certificate Programme (IDCP) continued to attract senior management professionals from the industry. Executive General Management Programmes (EGMP) for Mid-Career professionals is one of the most sought after programmes at IIMB.

FT Global Rankings: Rigorous Ranking Process
FT Global Executive Education Rankings 2023, are based on a Global Survey of the executive participants and survey of respective institutes. The stringent process from FT mandated collection of data from eight criteria from programme participants: Preparation, Course Design, Teaching methods, Faculty, Quality of peers, New Skills and Learning, Follow-up and Achievement of aims. The next six mandated criteria were based on data submitted by the business schools: Female participants, International participants, International location, Growth, Partner schools and Faculty diversity. Based on these parameters, rankings have been arrived at.

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