IIMB retains top slot in Positive Impact Rating 2023; achieves big win in overall score

20 June 2023:IIM Bangalore has retained its place, from final yr, in the top class (Level 5) in the Positive Impact Rating (PIR) 2023.

IIMB Director Professor Rishikesha T Krishnan mentioned, “It is encouraging to see IIMB topping the PIR rankings, year-on-year. I’m notably delighted to see Indian faculties reaching top ranges in the PIR, globally.”

The PIR is a ranking performed by college students and for college kids. Over 12,000 college students from 71 enterprise faculties situated throughout 5 continents and 25 international locations participated in the survey. This represents a 58% improve in 2023 in contrast with 2022. The overall PIR score elevated from 7.3 in 2021 to 7.6 in 2022 and to 7.7 in 2023, on a scale from 1-10.

Students worldwide assessed their enterprise faculties on how they perceived their optimistic affect on the world. The optimistic affect of enterprise faculties goes past their contribution to enterprise and the financial system; it addresses the necessity for his or her optimistic affect for society.

The PIR was instituted by enterprise college consultants along with international NGOs – WWF, Oxfam, and UN Global Compact. International pupil associations oikos, AIESEC, and Net Impact accomplice with PIR, supported by VIVA Idea (Costa Rica), The Institute for Business Sustainability Foundation & Fehr Advice, each from Switzerland.

What college students need

Students supplied constructive inputs on how their faculties can improve their optimistic affect. They displayed readability in suggesting what they need their faculties tobegin doing: integrating sustainability broadly into the curriculum, addressing related sensible issues and options, involving stakeholders from enterprise and society into the training, innovating the training strategies, and ensuring the instructing college is open-minded and dedicated to the subject. They additionally concurred on what they need their faculties tocease doing: downplaying range and equity, greenwashing and unethical partnerships with enterprise, and waste on campus pertaining to vitality, plastic, paper, and meals.

The ranking survey contains three overarching areas of affect (Energizing, Educating, Engaging), highlighted by seven dimensions of affect: governance and tradition of the varsity; research applications, studying strategies, and pupil help; the establishment as a job mannequin and its public engagement. This is measured by college students being requested 20 questions and the overall PIR score of the varsity is then used to place it throughout 5 ranges. The totally different ranges confer with the degrees of accomplishment in creating the social affect. Business faculties are supplied with an outlined social affect mannequin and a instrument that they’ll use for measuring their affect.

A instrument for collaborative studying and motion

The objective of the optimistic affect ranking is to allow studying at and throughout faculties slightly than making a aggressive rating. A ranking gives the protection of teams as an alternative of particular person ranks and intends to foster collaboration. Schools, subsequently, are positioned in 5 totally different ranges, the place they’re featured alphabetically. Students and the administration of every collaborating college obtain free on-line entry to a dashboard that includes their college’s outcomes throughout the totally different areas in comparison with the typical of all faculties. This permits them to actively work in direction of rising their optimistic affect. Students, who’ve entry to the identical information, are empowered to collaborate with the varsity administration