The Indian Institute of Management Bangalore (IIMB) has been awarded '5 Palmes', the highest recognition under the evaluation, accorded to "Universal Business Schools with major international influence", in the Eduniversal Worldwide Business Schools Ranking 2010, carried out by the French consulting firm SMBG. IIMB has been recognized as the # 1 Business School in India for the third consecutive year.

The award of 5 Palmes is given to the top 100 business schools. The ranking positions IIMB amongst the top 25 amongst the 100 best business schools worldwide.

Notably, the Deans of the 1000 Best Business Schools from 153 countries have voted for IIMB with a recommendation rate of 451 per thousand (395 in year 2009).

From December 2009 to March 2010, each Dean or Director of the 1,000 best academic institutions was asked to participate in the survey - The 2010 Deans' Vote, concerning the Business Schools of the Eduniversal Official Selection in 153 countries. Country by country, Deans were asked a simple question: "Which business school(s) would you recommend to anyone wishing to study in this country?"
 

The results of the annual survey conducted with 1000 Deans of the Business Schools from Eduniversal Official Selection were officially announced in Prague, Czech Republic on October 28, 2010 at the 3rd Eduniversal World Convention.

"The ranking by Eduniversal positions IIMB amongst the first quartile of the 100 best business schools worldwide. This acknowledgement from an independent international firm consolidates our status as a leading international management school," says Professor Pankaj Chandra, Director, IIMB. "Over the past year we have made significant enhancements to faculties, curriculum and infrastructure. We have obtained EQUIS accreditation and are taking steps to further diversify our courses and offerings so that we continue to remain the business school preferred by post-graduate and doctoral students throughout the Asian region."

The Eduniversal ranking uses a comprehensive methodology that takes into account all the aspects of a business 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.

For more information, visit: www.eduniversal-ranking.com