The Indian Institute of Management, Bangalore — IIM (B) has the honour of being awarded as the best B-School in India. The award was presented at the prestigious Eduniversal World Convention, La Sorbonne, Paris in France. The ceremony took place on November 4, 2008. IIM, Bangalore has been recognized among nine Eduniversal-defined geographical zones. These included Latin America, Northern America, Africa, Middle East, Central Asia, Far Eastern Asia, Oceania, Eastern Europe and Western Europe.
The initial selection was made by the Eduniversal International Scientific Committee. IIM (B) faced close competition from 27 other reputed global business schools. The competition was tough and this can be judged from the fact that IIM (B) was chosen from a total of nearly 1000 business schools, chosen from 153 countries. Eventually, IIM Bangalore was awarded as the Best Business School in Central Asia region. It was closely followed by IIM Ahmedabad.