Three Indian Master’s and MBA programmes have secured a position in the latest Quacquarelli Symonds (QS) International Trade Rankings 2025 MBA and Master’s released on February 12. IIM Ahmedabad is the best performer among the Indian institutes. The other two Indian MBA programme that have secured a spot on the list are the Manav Rachna International University International University and Indian Institute of Foreign Trade (IIFT).

While IIM Ahmedabad has improved its rank from 65 in the QS International Trade Rankings 2024: MBA and Master’s to 42 this year, the rank of the IIFT has dropped from 60 last year to 63 this year. SP Jain School of Global Management (Australia) has got 68 rank. Manav Rachna International University International University is ranked at 55th.

The debut edition of the QS International Trade Rankings 2024: MBA and Master’s was released on May 22, 2024.

The QS International Trade Rankings 2025 is developed in partnership with the Hinrich Foundation and seeks to offer a comprehensive snapshot of the world’s top international trade programmes. This year’s rankings feature a significant innovation – a two-table format, separating Master’s and MBA programmes from executive MBA programmes to make it easier to compare the quality of different programmes based on their level of study.

The United States and the United Kingdom continue to dominate the ranking occupying all three top spots.

As many as 30 institutes feature in the list of QS International Trade Rankings 2025: Executive MBA with United Kingdom’s University of Cambridge (Judge Business School) topping the list followed by Georgia Institute of Technology (Scheller College of Business) of the United States in the second and London Business School, UK in the third. No Indian institutes are in the list of executive programmes this year.

The total number of institutes in the list of QS International Trade Rankings 2025: MBA and Master’s is 87. While US’s Arizona State University (Thunderbird School of Global Management) bags the first position, UK’s University of Oxford and IMD MBA, Lausanne, Switzerland ranks second and third respectively.

QS ranks 15 business schools across seven Asian countries or territories. China Mainland and Hong Kong SAR are the most represented locations, with four featured business schools, followed by India with three. Tsinghua University School of Economics and Management takes the region’s highest rank and the only among the top 10, placing 10th for its Global MBA programme.

QS Senior Vice President Ben Sowter while announcing the rankings said: “Global trade drives economies, connects markets, and creates diverse career opportunities that demand skilled and adaptable leaders. Business Master’s and MBA programmes with a focus on global trade can offer invaluable expertise and hands-on experience in international markets, supply chain dynamics, and cross-border strategies.”