A new ranking published by the Economist magazine has placed IIMA at the 4th position worldwide, much ahead of Harvard, Stanford, Kellogg and Wharton. The ranking is based on the return on investment (ROI); i.e. the ROI (within a year) on MBA from IIM(A) is 44% as compared to 15% for Harvard, 14% for Stanford and 10% for Kellogg.