|
|
Section
|
Factor
|
Parameter
|
Weightage
|
Section Weightage
|
|
Input
|
Student Quality
|
Student Diversity
|
30
|
210
|
|
Students with more than 2 years of work experience
|
50
|
|
Percentile Cut off
|
60
|
|
Residential Facilities
|
Residential Facilities for students & faculty
|
70
|
|
Process
|
Faculty
Quality
|
International faculty
|
30
|
240
|
|
Faculty with > 10 years Industry Exp
|
30
|
|
PhD Faculty
|
50
|
|
Faculty Exchange
|
20
|
|
Scholarly Immersion
|
Student/Faculty Ratio
|
50
|
|
PhD Scholars
|
20
|
|
Recognition
|
Accreditation/Equivalent Standard
|
50
|
|
Output
|
Training & Consultancy
|
MDP
|
50
|
370
|
|
Consultancy
|
50
|
|
Research Output
|
Publications-Domestic
|
40
|
|
Publications-International
|
40
|
|
Placements, Return on Investment (RoI)
|
Average Salary levels
|
100
|
|
Low Salary
|
50
|
|
ROI ( Flagship
Programme)
|
50
|
|
|
Total
|
820
|
820
|
|
When you are one of the 30-odd B-school rankings in the Indian space, having a robust methodology like the Careers360’s proprietary ‘Input - Process - Output Methodology’ is the strongest wicket you can start on. And we realised this fully, only after every other Private and Public Ranking/Accreditation process started “borrowing” it. As they say, imitation is the best form of flattery.
However, based on our experience of ranking in the last two years, we pruned our questionnaire to around 20 parameters excluding data that is either difficult to verify or to get a hold of. The parameters and their corresponding weightages can be viewed in Table on the right.
We started this year’s exercise by looking at the latest mandatory disclosures made available by eligible B-schools on their websites, in order to our large database. Sadly, the data contained in mandatory disclosures was hardly 50 per cent of what it was ‘mandated’ to be.
Secondly, we mailed our questionnaire to all the B-schools in our database and put it up on our website for all willing to participate. Eighty eight B-schools responded this time. The quality and quantity of responses was panoramic, ranging from e-mails containing partially answered questionnaire to voluminous and meticulous submissions in hard copy.
This was followed by the most painstaking stage of the exercise: verification and scrutiny of the submitted data. While the state B-schools exhibited a general apathy and diffidence in disclosing data, either out of pseudo-elitism as in the case of
IIM-Ahmedabad or sheer laziness, most of the respondents were apt to overstatement of their virtues.
A maximum placement offer letter from a non-existent vegetable seller in Okhla (Delhi) for Rs. 10,80,000, faculty details of four campuses given for the course being run at a single campus, paper presentations in conferences being touted as publications and so on and so forth. The data, therefore, had to be fine-tuned to bring it closer to reality.
We then turned the microscope on the way we have been presenting the rankings to you, the reader. We decided to be as transparent to you as we expected the B-schools to be with us.
So, for the first time ever, we present a ranking which enables a B-school to calculate its own rank and helps a lay reader grasp the true meaning of each and every score and how it reflects the real things in a B-school. However, to the extent we had to correct the data, a B-school’s score on a particular parameter would vary from the claims made by it. A school can reasonably estimate why they stand where they stand. We hope our exercise will help bring a new era of honesty and transparency in not only how B-schools conduct themselves, but also how the media organisations inform the public. Our readers and students should expect nothing less!
Note: We have listed good schools, which did not participate, in the ranking sheet in each Tier, as “Missing Schools”. So make sure that you do not miss out on any of them.
PS: In the larger interest of students, five institutes have been appended to the existing B-school 2012 ranking at appropriate places only on the Careers360 website, though the data was received just after the submission deadline. The institutes are: IFIM Business School, Bangalore; Jaipuria Institute of Management, Jaipur; ITM-School of Business, ITM University, Gwalior; GNIT College of Management, Greater Noida and People's Institute of Management & Research, Bhopal.
Post your queries and comments below this column, and the Editor will respond!