IIM-Lucknow exits top 5 league of B-Schools for first time

Isha Jain / TNN / Updated: Sep 10, 2021, 05:53 IST

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For the first time since the launch of National Institutional Ranking Framework (NIRF) in 2016, Indian Institute of Management, Lucknow (IIM-L) was dropped from the league of India’s Top 5 management institutes. In NIRF-2021 released by Union ministry of education on Thursday, IIM-L failed to retain its fourth position and was ranked 7th this year. For past five years, IIM-L successfully retained its No. 4 position among the country’s B-schools.

IIM-Lucknow exits top 5 league of B-Schools for first time

IIM-L under chairmanship of N Chandrasekaran, chairman of Tata Sons, fared badly on research and professional practice by scoring merely 41 out of 100. (PC: IIM -Lucknow official website)

LUCKNOW: For the first time since the launch of National Institutional Ranking Framework (NIRF) in 2016, Indian Institute of Management, Lucknow (IIM-L) was dropped from the league of India’s Top 5 management institutes. In NIRF-2021 released by Union ministry of education on Thursday, IIM-L failed to retain its fourth position and was ranked 7th this year.

For past five years, IIM-L successfully retained its No. 4 position among the country’s B-schools.
IIM-L’s overall score fell from 73.8 in 2020 to 71 this year, increasing the gap with other competitors. Two comparatively newer IIMs — IIM-Kozhikode and IIM-Indore — climbed the charts to notch up rank 4 and 6 respectively, surpassing IIM-L. While IIM-Kozhikode achieved an overall score of 73.3, up from 69.9 in 2020, IIM-Indore’s score improved by 2 points, from 69 in 2020 to 71 this year.
IIM-Ahmedabad, IIM-Bangalore and IIM-Calcutta retained the top three slots with an overall score of 83.7, 83.4, and 80 respectively. The parameters for ranking include teaching, learning & resources (TLR 30%), research and professional practice (RP 30%), graduation outcomes (GO 20%), outreach and inclusivity (OI 10%) and perception (PR 10%).
IIM-L under chairmanship of N Chandrasekaran, chairman of Tata Sons, fared badly on research and professional practice by scoring merely 41 out of 100. Its highest score of 94.8 has come in the graduation outcome parameter. “The rank speaks about deteriorating standards at IIML, one of the oldest management institute across the country. The institute doesn’t have a 10-year vision document after the one formed in 2011 expired this year,” said a former member of board of governors.

An IIM-L faculty on condition of anonymity said, “With lack of initiatives, the academic rigour has diluted. It took 40 years to build IIM-L’s stature, but it now seems to be sinking.”
Chairperson, corporate communications and media relations, IIM-L, Prof Nandita Roy said, “The institute is currently looking at the NIRF 2021 data. We will comment once we have analysed all parameters.”

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