WEEK-HANSA RESEARCH BEST SCHOOLS 2024

Research methodology

COLLECTION OF PERCEPTUAL OPINIONS

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 selected cities 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 areas.

Perceptual score: Calculated on the basis of the number of nominations received and the actual ranks awarded to the b-school in the All India category and its zone.

COLLECTION OF FACTUAL INFORMATION

A dedicated website was created as an interface and the link was sent to over 1,400 b-schools out of which 174 responded on time.

Actual score: The information collected from b-schools was combined by applying appropriate weights to each parameter as shown below:

WEIGHT PARAMETERS

* Total infrastructure 20%

(Includes credentials and safeguards like women grievance redressal cell)

* College 12.5%

(Includes teacher-student ratio, publications and consulting by faculty)

* Teaching-learning and extracurricular 30%

(Includes work experience and diversity of students and alumni base)

* Placement destinations 37.5%

(Includes average salary and average internship salaries)

CLASSIFICATION METHODOLOGY

The 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 obtained by combining the perceptual score with an appropriate interpolated factual score. B-schools that shared their data in the past two years were included. Hence, factual data for 236 b-schools out of which 174 responded this year and 62 responded in the last two years were considered.