Management education in India is gaining increasing importance due to several factors that highlight its value in shaping successful careers and equipping students with the necessary skills for the business world. The growing complexity and competitiveness of the corporate landscape, along with the changing dynamics of the global economy, make it essential for students to choose the right business school to maximize their potential. Management education provides students with a strong foundation in core business disciplines such as finance, marketing, operations, and strategy. These skills are crucial for understanding the intricacies of organizational dynamics, decision-making processes, and strategic planning. A comprehensive management education enables students to develop a well-rounded perspective and the ability to tackle complex business challenges effectively.
Whether it is entrepreneurship, consulting, finance, or any other field, selecting the right business school ensures access to a curriculum and faculty expertise that align with the student’s career goals. A well-designed program can provide students with industry-specific knowledge, practical experience, and networking opportunities that enhance their marketability and job prospects. Selecting a business school with a robust industry network opens doors to internships and job placements in top companies, facilitating a smooth transition from education to employment. Furthermore, the learning environment and faculty expertise play a crucial role in shaping students’ learning experiences and professional growth. A renowned business school attracts experienced faculty members who bring practical insights and industry experience to the classroom. Their mentorship and guidance contribute to the students’ holistic development and help them acquire skills that are in high demand by employers.
Moreover, the reputation and brand value of a business school have a significant impact on a student’s career trajectory. Employers often consider the credibility and track record of the business school when recruiting candidates. A degree from a reputable business school enhances the students’ credibility and creates opportunities for networking and professional advancement throughout their careers. Hence, selecting the right business school in India has become increasingly important for students due to the growing complexity of the business world, the need for specialized skills, industry connections, and a credible brand value.
To help students find the business schools that are successfully addressing these issues, Higher Education Review presents its annual special issue - B School Survey 2023 – Beyond IIMs - Top 100 Business Schools in India in India. The colleges have been selected after careful consideration of five crucial aspects: a) the quality of faculty, research and publications, b) establishment and approvals, c) current students and admissions, d) infrastructure and facilities, and e) placement and salary statistics. The selection methodology for shortlisting the top 100 business schools involved calculating the average of the scores in all the five parameters. The final scores were then compared to settle on the business schools that excel across multiple criteria, ensuring a comprehensive evaluation process.