Which is the best university for an MBA, Stanford University, Harvard University or IIM Ahmedabad?

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Raktim Tarafdar Posted On - Sep 27, 2023

By any means, IIM Ahmedabad cannot be compared to institutions like Stanford and Harvard. The explanations given below provide more than enough evidence to show that these state universities are miles ahead of IIM Ahmedabad.

  • Ranking and reputation: IIM Ahmedabad is not listed among the top management schools around the world. But, Harvard Business School ranked 2nd and Stanford University ranked 3rd among all top universities in the world in the overall category. For the third time, Stanford GSB's full-time MBA program has been ranked as the best in the world, followed by Harvard Business School.
  • World-Class Faculty: These institutions have some of the best business faculty in the world. Professors at Harvard and Stanford are not only experts in their fields but also often conduct groundbreaking research, contributing to advancements in business knowledge.
  • Scholarship and financial support: Though the fee structure of Harvard and Standford are high in comparison to IIM Ahmedabad there are various scholarships and financial aid for the meritorious student. Even the accommodation charges are also provided.
  • Strong Alumni Base: Harvard and Standford have a vast and influential alumni network that spans the globe. This network can provide valuable connections and opportunities for career advancement. Notable Indian alumni of Harvard Business School are Rahul Bajaj, (CEO of Bajaj Auto), and Rajat Gupta (former managing director of McKinsey & Company).
  • Access to Silicon Valley (Stanford) or Boston (Harvard): Stanford is located in the heart of Silicon Valley, while Harvard is situated near the thriving business hub of Boston. This proximity provides unique access to tech startups, venture capital firms, and established companies, making it easier to explore entrepreneurial ventures or engage in internships and networking opportunities.
  • Placement statistics: Harvard Business School offers an average package of 150,000 USD per annum. Whereas Standford offers 112,000 USD per annum as an average package

IIM Ahmedabad is consistently the top business school for Indians. Despite having a global reputation, many institutions are miles ahead of IIMs in terms of academics, employment prospects, chances, etc. In general, the reputation of Harvard and Stanford's MBA programs stems from their dedication to quality, innovation, and the production of graduates who have a substantial impact on both the business world and society at large.

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Priyaank Gupta Posted On - Jul 17, 2021
MBA from Indian Institute of Management, Ahmedabad (2016)

IIM Ahmedabad is, in no way comparable to universities like Stanford and Harvard by any means. The points below give sufficient reasons that prove the fact that these state universities are way ahead of IIM Ahmedabad.

  • IIM is not a university, but an institute providing only management degrees and diploma courses in different specializations. But, Stanford and Harvard are universities that provide courses in almost all streams and subjects.
  • IIM Ahmedabad is not listed among the top management schools around the world. But, Harvard Business School and Stanford Graduate School of Business have consistently been the top management schools in the world for many years.
  • There are many eminent personalities who, even after having the IIM tag, went to foreign universities for further studies for international recognition. For example, Raghuram Rajan. He went to Sloan School of Management, MIT for a Ph.D., after having an MBA degree from IIM Ahmedabad.

For an Indian, IIM Ahmedabad is always the best management school. But for having international recognition, there are many universities across the world that are way ahead of IIMs in terms of studies, placement, opportunities, etc.

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