A Tale of Two B-Schools ; Delhi's Two Best-Known B-Schools, Fms and Iift, Have Dropped in Our Rankings. But That's Not Because They Have Gotten Any Worse; It's Just That Their Competitors Have Become Better.

Business Today › September 24, 2007

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Summary

Things have never been better for MBA aspirants. With the economy on a roll and corporate India on an expansion spree, the demand for managers has been growing. Placement season this year saw salaries soar as demand far outstripped supply. While the IIMs were the most sought after, second-rung colleges, too, were in demand.

Take the case of the two Delhi-based business schools that have actually slipped in our rankings this year--the Faculty of Management Studies (FMS) and the Indian Institute of Foreign Trade (IIFT). While FMS has dropped four places to 12 in our overall rankings, IIFT has fallen to the 16th position (from 10 in the previous year). Both the colleges, though, had a successful placement season this year. FMS saw average salaries shoot up by 35 per cent this year to over Rs 12 lakh per annum. As many as 105 companies queued up, but only 36 managed to recruit. And a virtual who's who was there, including IBM, Cognizant Technologies, Standard Chartered Bank, ICICI Bank and HSBC. IIFT placements, too, had an impressive turnout of blue-chip recruiters. Average salaries were up over 23 per cent to Rs 8.5 lakh. The recruiters included private banks like Citibank and ICICI Bank to FMCG giants HUL and Dabur to tech majors like Infosys and HCL.

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A Tale of Two B-Schools ; Delhi's Two Best-Known B-Schools, Fms and Iift, Have Dropped in Our Rankings. But That's Not Because They Have Gotten Any Worse; It's Just That Their Competitors Have Become Better.

And yet both these colleges have slid in our rankings. Clearly, they are facing increased competition from the other B-schools that have not only caught up with them, but also outscored them on the parameters on which the colleges were ranked. These include infrastructure, reputation,...

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