IIMB ranked No.1 in India, enters top 30 globally in FT Masters in Management 2025
Bengaluru (PTI): IIMB on Monday said its postgraduate programme in Management is ranked No. 1 in India and No. 28 globally (up from No. 41 in 2024) in the Financial Times Masters in Management (FT MiM) 2025 ranking.
Indian Institute of Management Bangalore is now the only Indian business school to feature in the global top 30, officials said in a statement.
"The FT MiM ranking reaffirms our promise of delivering a transformational experience that leaves a lasting impact on students, practitioners, industries, and society," said U Dinesh Kumar, Director-in-Charge, IIMB.
"We have always maintained a competitive edge through inclusive practices," said Mukta Kulkarni, Dean of Programmes and Chairperson, Office of International Affairs. She added that the 2025 FT MiM ranking "reflects the diversity cultivated across IIMB’s faculty, student body, alumni, and governing board."
"Access to a world-class cohort and consistent interactions with some of the most exciting thinkers and decision-makers of our time have contributed to this outcome," she said.
The FT MiM ranking evaluates the world’s top business schools across 19 criteria, with "alumni feedback accounting for 56 per cent" of the weight and school data comprising the remaining 44 per cent, the statement added.
By factoring in outcomes such as employment, return on investment, diversity, ESG, and internationalisation, the assessment provides a holistic measure of institutional performance, it further said.
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Budget allocation to AYUSH Ministry sees 20% rise
New Delhi (PTI): Budget allocation for the AYUSH ministry saw 20 per cent increase, from Rs 3,671.82 crore (revised estimates) in FY 2025-26 to Rs 4,408.93 crore in FY 2026-27.
The government has also announced the setting up of three new All India Institutes of Ayurveda to strengthen research in the field.
Presenting the Union Budget 2026-27, Finance Minister Nirmala Sitharaman said, "Ancient Indian Yoga, already respected in several parts of the world, was given a mass global recognition when the Prime Minister took it to the United Nations."
Stating that post-Covid Ayurveda has gained similar global acceptance and recognition, Sitharaman said exporting quality Ayurvedic products could help farmers who grow the herbs and the youth who process them.
To meet the global demand, she proposed setting up of three new All India Institutes of Ayurveda, upgrading AYUSH pharmacies and drug-testing labs for higher standards of certification ecosystem, making available more skilled personnel, and upgrading the WHO Global Traditional Medicine Centre in Jamnagar to bolster evidence-based research, training and awareness on traditional medicine.
Among the Centrally sponsored schemes, the allocation for the National AYUSH Mission has been increased from Rs 780.96 crore in FY 2025-26 to Rs 1,300 crore in FY 2026-27, registering 66.5 per cent hike.
The allocation for the All India Institute of Ayurveda has been reduced by 12 per cent.
Funding for the Institute of Teaching and Research in Ayurveda has also declined from 279.24 crore to 219.05 crore.
