- Bags 3rd rank among IIMs and 61st in the world in Open Executive Education Programmes
- Secures 3rd rank among the IIMs and 85th in the world in Customized Executive Education Programme
IIM Indore has made a spectacular debut in the Financial Times (FT) Executive Education Rankings 2024. It has been ranked 3rd among the IIMs and 61st globally in the Executive Education (Open) category. Additionally, the institute has secured the 3rd position among the IIMs and 85th globally in the Executive Education (Customized) category. IIM Indore is now among the top 100 B-Schools to offer the best executive education programmes.
The FT Executive Education Rankings are highly regarded worldwide, evaluating business schools based on various criteria that measure the quality and effectiveness of their executive education programmes.
“IIM Indore’s outstanding debut in this ranking reflects our dedication to providing high-quality educational experiences for the executives across the globe,” said Prof. Himanshu Rai, Director, IIM Indore. “It is a delight to share that we currently offer over 250 executive education programmes, both open and customised, available in various formats—online, offline, and across different durations. We believe in education for all, and in today’s changing world, upskilling is essential”, he said.
IIM Indore is at the forefront of providing carefully curated programmes that cater to the needs of executives. “We are renowned for our focus on academic excellence, reinforced by our Triple Crown accreditation. As the second IIM to receive this honour and among the top 1% of business schools globally to achieve it, our executive education programmes are contextually relevant to meet contemporary business challenges”, said Prof. Rai. We now aim to be in the top 50 globally in the Open Executive Education Programmes ranking in the coming years, he added.
IIM Indore’s executive education programmes consist of a wide array of offerings designed to meet specific needs. “These programmes are conducted at our campuses in Indore and Mumbai. We also offer courses in UAE and the Middle East and now have 800+ alumni base there”, said Prof. Rai. Notably, the institute has achieved the second highest score among the B-Schools in India in “Overall Satisfaction” with a remarkable 9.15 out of ten, indicating a high level of participant contentment with the programmes in the Open Executive Education Programme category. Additionally, IIM Indore leads in “Faculty Diversity” with a score of 80, showcasing the diverse backgrounds of its teaching staff. These areas highlight IIM Indore’s commitment to delivering a top-quality educational experience and fostering an inclusive learning environment. In the Customized Programmes Category, IIM Indore has demonstrated outstanding performance in several key categories. The institute scored the highest in “Preparation” (73), “Programme Design” (86), “Teaching Methods & Materials” (87), “Faculty” (85), “Follow-up” (89), “Aims Achieved” (87), “Value for Money” (86), and “Future Use” (80) among the Indian business schools.
The methodology for the FT Executive Education Rankings involved a comprehensive set of criteria to ensure a holistic assessment of the programmes. These criteria included preparation (quality and clarity of pre-programme information and participant selection), course design (structure and flexibility of the courses), and teaching methods and materials (relevance and modernity). Faculty quality was assessed based on expertise and collaborative effectiveness. The quality of participants, follow-up support (post-course support and networking), partner schools, overall satisfaction, and faculty diversity (nationality and gender diversity) were also considered. Additionally, the proportion of international and female participants, growth in programme revenue, and the extent of international locations and partner schools were factored into the rankings. This thorough evaluation ensures that the programmes are high-quality, relevant, and impactful in today’s global business environment.
Looking ahead, IIM Indore aims to build on its current success by further enhancing the quality and reach of its executive education programmes. We offer a diverse portfolio of on-campus and online executive education programmes for professionals at different levels. From AI to People Management to Defence and Healthcare, our programmes cover a broad spectrum. Additionally, we have collaborated with foreign universities to offer executive education courses.
By continuously refining its curriculum, expanding international collaborations, and leveraging cutting-edge technology, IIM Indore is poised to set new benchmarks in executive education, ensuring that it remains at the forefront of global business education.