A CRISIL Business School Grading, assigned to a specific programme, assesses the ability of the institute to impart quality education and to achieve desired student outcomes through the graded programme.
The CRISIL Business School Grading will be valid for one year from the date of its assignment. The business school can request CRISIL to renew the grading at the end of this period.
The Grading Scale
The grading will be assigned on an eight-point scale to the mandated programme of the business school.
(pronounced 'A triple star') denotes the highest grade, and Grade 'B' the lowest.
Each programme is given a national grading (relative to other such programmes across India) and a state grading (relative to other such programmes in the same state). This enables the institute to benchmark itself with other business schools across the country, and with institutes in the same state, operating in the same regional, infrastructural and regulatory environment.
CRISIL's criteria for grading business schools have been developed after carrying out extensive research, and taking feedback from several stakeholders. We use quantitative and qualitative assessment parameters, to ensure that our evaluation framework is both robust and comprehensive.
The Grading Process
The grading process commences with the institute mandating CRISIL to conduct the grading exercise. CRISIL approaches the institute for critical information necessary for the grading, which CRISIL's analytical team analyses before visiting the
campus. CRISIL analysts then visit the business school campus and initiate discussions with members of the governing and
academic council, the programme director and coordinator, senior members of the faculty, non-teaching staff, and
students as part of the grading exercise. CRISIL also seeks feedback from alumni and recruiters. CRISIL believes that such indepth
analysis of the institute is essential to optimally benchmark the programmes of the institute with those of its peers -
both at the national and state level. Following these discussions and the information-validation exercise, CRISIL's analytical
team prepares a report based on which an independent committee assigns the grading to the mandated programme. The
grading is then communicated and a detailed assessment report is sent to the institute.
To download CRISIL Business School Gradings - Criteria & Process, click here