The vibrant business eduction scene in the country got another boost when a recent survey said that the Indian MBA candidates are world’s most academically distinguished ones. “Students at Indian Institute of Management, Bangalore (780) and Indian Institute of Management, Ahmedabad (767) have the highest average GMAT scores in the world, well ahead of the leading US institution Stanford (730), and INSEAD in Europe (704),” said QS TopMBA.com Applicant Survey, conducted by QS Global.
India’s IIM Ahmadebad is notable for the extraordinarily high average GMAT scores of its students, with its figure of 767 exceeded only by fellow Indian institution IIM Bangalore (780). Even though on a global level, in terms of employer recognition three clearly pre-eminent institutions are INSEAD–France, Harvard Business School and London Business School Indian B-Schools: IIM – Ahmedabad and IIM – Bangalore have the highest number of students with highest average GMAT score, the survey said.
This places the two ahead of any North American or European school for the academic quality of their student intake. The fact that students enrolled at both schools have an average of just two years of professional experience underlines the tendency for academically gifted students to move quickly on to the MBA qualification at the outset of their careers, rather than using it to up-skill at mid-career, as is more common in Europe and North America.
According to the report, the past decade has seen an increase of accredited business schools open in emerging markets such as in the BRIC countries (Brazil, Russia, India, and China) and over 50% of MBA students are choosing schools based on the country in which they wish to work.
The survey was conducted between March 2012 and July 2012 represents one of the largest exercises QS has undertaken in terms of geographic scope and level of detail. Over 25,000 employers responded to the survey in 2012.