Ajit Ragnekar, Dean of ISB has responded that the seven position drop of their School has not bothered him, as the rankings are based on parameters which are not in their control. Adding, he has also told that all the top 100 B-schools ranked, are all the world-class B-Schools and it is good to be in the top set, reports the Economic Times.

It is also reported that, though the IIM-A is ranked 11^th in the overall ranking, the IIM-A graduates, after three years of their pass out, were successful in earning the fourth highest salary and were also able to enjoy the best career progress.

Several parameters were taken into account while ranking the institutions, among them were, weighted salary- which indicates the salaries adjusted through various sectors; salary increase- increase in salary before doing a MBA course and after doing the course in the respectable B-Schools; value of money- worth spending on the course like the course length, fees and other related costs; careers- indicates the growth of the students in their companies after completing the course; aims achieved- it indicates whether the students aims were achieved or not in their career after the completion of the course;  recommends- means from which three B-Schools the graduates would prefer to hire the MBA graduates, etc.