Mumbai: One of India's premier business schools – ISB in Hyderabad - has made it to number 20 in the top 100 global B-schools in London’s Financial Times list.
The 6-year old institute’s ranking has made it pip the likes of IIMs and even it's parent school – US-based Kellogg School of Management.
“This is an Indian story. This is recognition of India as much as ISB. So, more and more people who are keen on India’s success will look at ISB,” said the elated Deputy Dean, Ajit Rangnekar.
The Financial Times’s rankings assessed schools on parameters such as alumni performance and faculty research output. Students of ISB were thrilled at the ranking.
“We have lot of faith in school. There are a lot of things we know are good. There is lot of growth potential because ISB is only in its 6th year. Nevertheless, the official ranking is a stamp of approval. It's something like a common platform for people across the world to see ISB and recognise ISB’s name in a particular renowned list,” felt a student, Mayank Bajpai.
ISB has created a record of sorts by attracting 200 companies, which includes several fortune-500 ones.
Last year, the average annual domestic salary offered was over Rs 15 lakhs with the highest being almost Rs 44 lakhs. The average International salary was Rs 59.5 lakhs, while the highest international salary was over Rs 1 crore. ISB is hoping that the ranking will help it attract companies offering fatter paychecks.