THE WEEK-HANSA RESEARCH BEST B-SCHOOLS SURVEY 2024
Research methodology
PERCEPTUAL OPINION COLLECTION
A primary survey was conducted in August-September 2024, where 193 academic experts, 585 current students and 32 recruiters from 17 Indian cities nominated the best b-schools in the country. The cities selected were major education hubs.
A closed-ended questionnaire was given to stakeholders, asking them to nominate and rank the top 25 b-schools in India and the top b-schools in their zones.
Perceptual score: Calculated based on the number of nominations received and the actual ranks given to the b-school in the All India category and in its zone.
FACTUAL INFORMATION COLLECTION
A dedicated website was created as an interface and the link was sent to more than 1,400 b-schools, of which 174 responded on time.
Factual score: Information collected from the b-schools was combined by applying appropriate weights to each parameter as given below:
PARAMETER WEIGHTAGE
* Overall infrastructure 20%
(Includes accreditations and safety measures like women's grievance redressal cell)
* Faculty 12.5%
(Includes teacher-student ratio, publications and consultancy by faculty)
* Teaching-learning and extracurricular 30%
(Includes work experience and diversity of students, and alumni base)
* Placements 37.5%
(Includes average salary and average internship stipends)
RANKING METHODOLOGY
Ranking is based on a composite score, derived by combining the perceptual score and the factual score. For b-schools that could not respond within the deadline, the composite score was derived by combining perceptual score with an interpolated appropriate factual score. B-schools that shared their data in the past two years were included. Therefore, factual data was considered for 236 b-schools―174 of which responded this year and 62 which had responded in the past two years.