Indian Institute of Management Bangalore (IIMB) has become the only Indian B-School to feature in the Financial Times 2014 executive education rankings. The business school has been ranked 53rd among the top 70 open executive education programme providers in the world. IIMB was ranked 63rd last year.

"Through executive education programmes, we offer executives new knowledge, to enhance their managerial skills," said Shyamal Roy, Chairperson of executive education at IIM Bangalore in a press statement. "This experience also helps us enrich our teaching in the degree-granting programmes by citing real life examples underlying the theoretical concepts.”

The FT survey had around 6,500 participants and was open only to internationally accredited business schools that generated executive education programme revenues of over $2 million in 2013. Some of the parameters on which these business schools were ranked include preparation, course design, teaching methods and materials, new skills, and faculty.

IMD, Switzerland was ranked top for its executive education programmes. University of Chicago's Booth Business School, and HEC Paris were ranked second and third respectively.

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