The
Indian Institute of Management Kozhikode has gained two spots to be placed Rank
#70 globally in the latest edition of Financial Times (FT) Open-enrolment
Executive Education Rankings 2024. The Institute had made its global debut in
these prestigious ranking at #72 in the 2023 edition, last year. The improved
showing has consolidated the 28-years young IIM’s entry in to an exclusive list
of foremost providers of executive education in the world.
This showing comes in the back of the
Institute leapfrogging 100 spots to be placed in the Top 151-200 Institutes in
Business & Management Studies globally, in the Quacquarelli Symonds (QS)
World University Rankings by Subject 2024, released in April, 2024.
IIM Kozhikode is 4th among the 5
Indian B-Schools to feature in the top 80 FT Open-Enrolment Executive Education
Rankings 2024. The
open-enrolment ranking is compiled using data from course providers and
individuals who completed their nominated management programmes in 2023.
Responses by advanced and general-level participants are combined to calculate
the first eight ranking criteria. These criteria, which include the quality of
the participants, teaching and relevance of the skills they gained, inform 80
per cent of the ranking. School data is used to calculate the remaining
criteria on female and international participants, growth, international
location, partner schools and faculty diversity.
The
weighting accorded to the first eight criteria, from preparation to aims
achieved, accounts for 80 per cent of the total ranking’s weight. It is
determined by the level of importance that participants attach to each category. Figures in brackets show the weight each
criterion contributes to the overall ranking. Preparation (9.5), Course
Design (10.3), Teaching methods (10.1), Faculty (10.5), Quality of peers (9.7),
New Skills and Learning (10.6), Follow-up (9.0) and Aims Achieved (10.3). The
next six mandated criteria were based on data submitted by the business
schools: Female participants (2.0), International participants (3.0),
International location (2.0), Growth (5.0), Partner schools (3.0) and Faculty
diversity (5.0).
Expressing
his delight over the achievement, Prof. Debashis Chatterjee, Director IIM
Kozhikode, added, “This remarkable achievement is a testament to the unwavering
commitment, relentless efforts, and exceptional talent within our IIMK
community. Our improved ranking is not just a number; it reflects our consistent pursuit of excellence in executive
education, innovative research, and the holistic development of our
students and participants. This milestone is also a collective victory for IIMK
fraternity and a stepping stone towards our vision of becoming a global leader
in management education. It reaffirms our commitment to fostering an
environment of continuous improvement, innovation, and inclusivity.”