The Indian Institute of Management Bangalore (IIMB) has, for the second consecutive year, been recognized as the No. 1 MBA School in India, part of the Central Asia region, according to the 2009 worldwide business school ranking carried out by Eduniversal, a unit of the French consulting firm SMBG.

In the Eduniversal Palmes 2009, IIMB has been awarded ‘5 Palmes’, the highest recognition under the evaluation, accorded to “Universal Business Schools with major international influence”.

The Award, presented on October 26, 2009 at the Eduniversal World Convention held in Cape Town (South Africa) effectively positions IIMB amongst the 100 best business schools worldwide. “We are delighted to once again receive this recognition as India’s top management school,” said Prof. Pankaj Chandra, Director, IIMB. “We are making several efforts to enhance the quality of learning and impact of our research so that IIMB remains the preferred management school for students with global aspirations.”

Notably, the Deans of the 1000 Best Business Schools from 153 countries have voted for IIMB with a recommendation rate of 395 per thousand, followed by IIM Ahmedabad (345).

The Eduniversal Palmes uses a comprehensive methodology that takes into account all the aspects of a MBA schools’ influence on three different levels: International recognition through accreditations; memberships and international, regional and local rankings; International awareness through the votes of the 1,000 deans; the suggestions from the members of the International Scientific Committee appointed by Eduniversal.

The process of the Eduniversal Official Selection involves a global mapping system meeting the criteria of universality and the international reputation of each academic institution. The purpose of the ‘Palmes’ is to compare objectively a school of a given country or continent to another one.

Eduniversal’s mission is to create the first online orientation and recruitment tool dedicated to students, HR departments and the representatives of the academic spheres. The process helps to promote students’ mobility all over the world and give better visibility to the best Business Schools from more than 153 countries, inhabited by more than 97% of the world’s population