The Federation of Indian Chambers of Commerce and Industry (FICCI), in association with ICARE Ratings, has launched the ‘Business School Ratings’ to bring Indian business schools on par with the global standards and to enhance the roadmap for enhancement of employability of management graduates.

According to a FICCI release, due to multiplicity and heterogeneity of the B-Schools in India it gets difficult for students to comprehend and assess a school’s standing before applying.

The ‘Business Schools Ratings’ by FICCI will focus on bridging the gap in evaluation and in the application process. It will also act as a competitive, objective and a global benchmark for the Indian business schools, to define the roadmap for progress and direction so that they can compete globally.

The first meeting of the governing council along with the industry leaders took place on December 19, 2017.

The council discussed the framework and suggested a roadmap for implementation, stated in the press release.

FICCI is set to announce the launch date of this rating exercise soon.