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A survey by the Economist Intelligence Unit, a shadily named sister company outfit of The Economist, has rated the Kellog School of Management as the top B-school in the world. India's saving grace continues to be IIM Ahmedabad, which ranks at #64 and is the best in Asia, although strangely enough Australia's Macquarie University is considered as an Asian B-school. IIM-A is in fact the only Indian entry in the top 100.
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