- NMIMS SBM MBA Programme climbs from 96th to 83rd globally in FT MiM Ranking 2023.
- Ranks Top 50 globally for salary increase, 2nd in India as per the survey.
- Ranks top 25 globally for career progression, 4th in India.
- Earns a student satisfaction score of 8.83, top 60 Globally.
- Leads in gender diversity among faculty, top 15 globally, 2nd in India.
Mumbai, 11th September 2023: The NMIMS School of Business Management (SBM), MBA Programme, has achieved another milestone by securing the 83rd rank in the prestigious Financial Times Masters in Management (FT MiM) Ranking 2023. The achievement marks a substantial leap from its debut at 96th in 2022, firmly establishing it as a significant Global player in Management Education.
The Financial Times Masters in Management Rankings is recognised as one of the most esteemed rankings worldwide. NMIMS SBM’s consistent upward trajectory (in these rankings) signifies its impact in providing world-class business education to young aspiring graduates in India.
NMIMS SBM’s recognition in this prestigious Global Ranking is an affirmation of the school’s demonstrated excellence in several key areas, including career progression, percentage salary increase, student satisfaction, and faculty gender diversity. These outcomes are also a testament to the NMIMS SBM’s globally benchmarked curriculum, pedagogical innovations, and excellent career impact for its graduates.
The programme proudly ranks among the top 25 institutions globally for career progression and holds an impressive fourth position among Indian B-Schools.
Moreover, it has earned a coveted spot among the top 50 institutions globally for ‘percentage salary increase,’ securing the 2nd best position among Indian schools. This underscores the industry’s confidence in the calibre of the NMIMS SBM’s students.
The institution’s dedication to student satisfaction is evident through an outstanding overall score of 8.83, positioning it among the top 60 institutions worldwide. Moreover, NMIMS SBM promotes gender diversity among its faculty, ranking within the top 15 globally and securing the 2nd position in India.
Notably, NMIMS SBM is the only University B-School having the largest cohort of graduates from India to feature on this distinguished list, setting it apart from other standalone B-School institutions.
Commenting on the prestigious achievement in the FT Global 2023 Ranking, Dr Ramesh Bhat, Vice-Chancellor of NMIMS, emphasised the institution’s commitment to excellence, stating, “Our ranking in the FT MiM Ranking 2023 reaffirms our dedication to excellence in management education. At NMIMS, we have always embraced cutting-edge curriculum, pedagogical innovations, modern infrastructure, and the employability of our students. Staying one step ahead is crucial to meet the industry’s evolving needs and equip our students with the utmost confidence to face the competitive professional world. Our strong focus on gender diversity among faculty members enriches our educational environment with unique perspectives.”
Dr Prashant Mishra, Dean of NMIMS School of Business Management, Mumbai campus, expressed his pride at this significant accomplishment: “We are immensely proud to achieve the 83rd rank in the FT MiM 2023 ranking. This achievement signifies our pre-eminent position among the Top Management Schools globally and reflects our unwavering efforts to equip our students with the most relevant skills and competencies through a contemporary curriculum and excellent teaching-learning processes, equipping them for success in today’s fiercely competitive business landscape. The rankings also demonstrate the impact and success of our graduates in the business world. Moreover, the school’s recognition also highlights the calibre of business education in India on the global stage.”
About NMIMS School of Business Management:
Shri Vile Parle Kelavani Mandal, a leading public charitable education trust, established the Narsee Monjee Institute of Management Studies (NMIMS) in Mumbai in 1981 with the intent to offer management programs. It began humbly by offering a two-year full-time Master’s Program in Management Studies with four full-time faculty, 3162 books and an intake of 40 students at Vile Parle (West), Mumbai.
The consistent academic quality, research focus, faculty from top national and global institutes and strong industry linkages have placed the School of Business Management amongst the top private B-Schools in India and Globally.
The School of Business Management believes in equipping students with the knowledge and skills in their chosen specialities, inculcating values, identifying hidden talents, and providing opportunities for them to realize their full potential.
SBM believes in nurturing a scientific spirit of inquiry among students, and by providing value-based education, mould them into leaders and responsible citizens, who will go on to play the role of changemakers in society.