SPJIMR Is India’s Top-Ranked B-School In FT Masters In Management Ranking 2023

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The Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research (SPJIMR) has once again earned the distinction of being the top-ranking Indian business school in the prestigious Financial Times Masters in Management (MiM) global rankings for the year 2023.

Out of the numerous Indian institutions considered, SPJIMR is one of just two that have secured a coveted spot within the top 50 globally. SPJIMR has firmly held onto India’s premier position and has been ranked 40th worldwide for its two-year full-time Post-Graduate Diploma in Management (PGDM). IIM Ahmedabad, another esteemed institution, follows closely behind at the 43rd position.

This impressive achievement marks the fourth consecutive year that SPJIMR has maintained its status among the world’s top 50 business schools, reflecting its unwavering commitment to excellence in education.

In addition to SPJIMR and IIM Ahmedabad, a total of eleven Indian institutions have garnered recognition in the FT Masters in Management rankings for 2023. This underscores the growing international prominence and acclaim of Indian B-schools, solidifying their place on the global stage.


The FT MiM rankings consider programmes offered by schools with AACSB or EQUIS accreditation, catering to participants with limited or no work experience. The ranking criteria are categorised into specific areas, including “Alumni Career Progress” (55%), focusing on post-program alumni success, “School Diversity” (22%), assessing inclusivity and diversity within the institution, and “International Experience & Research” (23%), highlighting global exposure and research contributions. SPJIMR also secured a notable eighth-place global ranking in the “Careers Service” criterion, emphasising its effectiveness in supporting student placements and facilitating exceptional career opportunities for graduates.

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