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IIM Indore is delighted to announce its remarkable debut in the 2024 QS Executive MBA (EMBA) Rankings with its Post Graduate Programme for Working Executives in Mumbai – PGPMX. The rankings were announced on July 17, 2024. PGPMX has achieved an impressive 25th rank in the Asia Pacific region as a new entrant. The institute is placed 3rd among the IIMs. On a global scale, the programme is placed in the 181+ bracket.
IIM Indore’s Director, Prof. Himanshu Rai, expressed his delight at this significant achievement. “We are incredibly proud to have our PGPMX programme recognized in the QS Executive MBA Rankings. This ranking reflects the hard work and dedication of our faculty and participants. Our programme has been consistently gaining popularity among working executives, providing them with the tools and knowledge to excel in their careers. We are committed to continuous improvement and aim to be among the top 10 EMBA programmes in the coming years.”
The QS EMBA Rankings evaluate programmes based on several critical indicators: Employer Reputation, Thought Leadership, Executive Profile, Career Outcomes, and Diversity. In 2024, business schools from 48 locations were assessed globally, underscoring the competitive nature of these rankings.
The methodology behind the rankings includes several key components. Career outcomes are measured by the average salary increase from pre to post-programme and the percentage of the class receiving promotions within 12 months of graduation. Diversity is evaluated by student gender and nationality diversity within the programme. Employer reputation is derived from the annual QS Employer Reputation survey, which assesses global employers’ perceptions of which institutions produce the most job-ready graduates. The executive profile is calculated by examining the average years of overall work experience, average years of managerial-level experience, and the percentage of the class with c-suite experience. Thought leadership is measured through the annual QS Academic Reputation survey, which evaluates the perceptions of global academics on which institutions demonstrate academic excellence.
IIM Indore’s PGPMX stands out for its rigorous curriculum, which integrates seasoned professionals from various industries, functions, and regions. It is uniquely designed for working executives and entrepreneurs who aspire to become transformational leaders without compromising their professional commitments. The two-year, alternate weekend format offers flexibility, while the rigorous curriculum, delivered by distinguished faculty, ensures a high-quality learning experience. “Participants benefit from experiential learning, an international immersion programme, and networking opportunities with peers from diverse industries”, says Prof. Rai. We ensure that the programme’s integrated approach combines academic rigor with practical applications – and that makes it a powerful catalyst for career and personal growth, equipping executives to lead and innovate in a dynamic business environment. This recognition by QS is a reflection of the quality and impact of IIM Indore’s courses, which are designed to meet the evolving needs of working executives, he added.
PGPMX has garnered significant interest and participation from a diverse array of industries, reflecting its appeal to working executives across multiple domains. Executives from banking, consultancy, engineering and technology, financial services, IT, manufacturing, marketing services, real estate, retail, and more find the programme uniquely tailored to their professional growth needs. This diversity not only enriches the classroom experience but also offers a dynamic learning environment where participants from different sectors exchange insights, collaborate on projects, and leverage their varied expertise to drive innovation and leadership excellence.
In addition to the QS Executive MBA Ranking, IIM Indore has also recently made its debut in the Financial Times (FT) Executive Education Rankings, further solidifying its position as a leading institution in executive management education. The institute has been ranked 61st in the Open Executive Education Category and 85th in the Customised Executive Education Category at the global level. In both the categories, the institute has received 3rd rank among the IIMs.
As IIM Indore continues to strive for excellence, we are committed to enhancing the educational experience and career outcomes for our participants. We look forward to climbing even higher in the global rankings and maintaining our reputation as a premier destination for executive education.