It is that season of the year. Not the top list season but the business school season. Aspiring students in India and across the world will be starting their careers in management in the next 6 months. In India the much coveted CAT exam results are out with the fate of many students hanging.

The debate is always intense whether to do a global MBA or a Indian MBA. One more debate is the 1 year vs 2 year MBA. If you want some clarity in these then go to PagalGuy. You can find a lot of good discussion which can steer you clear. Financial Times has published the list of top 100 MBA schools in the world. The list is for the year 2009.

Indian School of Business, Hyderabad

Of the 100 schools quite predictably USA has dominated the proceedings. 55 out of 100 schools are from the USA. It is distantly followed by UK and Canada. It is hard to find an Indian school on a list like this few years back. But times have changed.

Indian School of Business or ISB which offers a 1 year MBA course is ranked at 15. This is an improvement from last year’s ranking. ISB was ranked 20 last year. Among the asian nations China and Singapore has 2 schools each listed in the top 100. ISB is the only Indian school to be listed.

Financial Times prepares this data from 9000 business school alumni across 130 countries. London Business School and Wharton School at the University of Pennsylvania are ranked at number 1. (source)