By jove - this is what your director said - by jove!!!!!
FT RANKINGS & IIMA: A message to alumni from IIMA director Samir Barua.
The latest rankings of MBA programmes by Financial Times (FT) have caused some concern among a few of us. This is a clarification on the matter, based on the information provided by the team of FT which carried out the rankings:
The criteria used by FT for inclusion of a programme in the list of programmes for the ranking study included the following key features:
I The programme had to be a ‘post-experience’ MBA programme. That is, work experience ought to be a mandatory requirement for admission to the programme.
II The programme ought to have graduated at least three batches. That is, new programmes, that were less than three years old, did not qualify for the ranking study.
IIMA’s flagship programme, the PGP, did not qualify for inclusion in the list since it is not a post-experience programme (it does admit candidates without work experience). IIMA’s one year executive education programme, the PGPX, did not qualify since only the second batch is completing the programme. If the same criteria were to continue for inclusion in the list for ranking MBA programmes, the PGPX would qualify only in 2010. Till then, no programme of IIMA would qualify for ranking of MBA programmes by FT.
As regards, the PGP, the Institute has been informed by FT that the programme qualifies for inclusion in the list of programmes for ranking as Masters Programme in Management. If the institute decides to participate in this (Masters Programme in Management) ranking by FT, then the PGP will be included under this category.