Indian School of Business is continuing on road to global recognition. In just released rankings of B schools across the globe, ISB has climbed to 15th spot from 20th last year.

Wharton is at the top, with London School of Business as the second best B school. China has two colleges in the ranking, CEIBS is at #8 and HKUST Business School is at #16.Insead features at #5.  Interestingly only 9 out of top 20 colleges are from US, inline with the shift in global business scenario.

As is with any B school rankings, this one has a competitor too, and as is with competitors, two of them do not seem to agree. Business week B School ranking 2008, which is another popular global B school ranking, has no mention of CEIBS, ISB or HKUST in its list.

And by the way, NO IIM IN TOP 100. TOO BAD. Do you think they should be in top 100?? Vote in right hand side bar poll..

You can read more about rankings on Financial Times Global Business school rankings home page. You can see the full Financial Times rankings here.