Kolkata, Sep 16 (IANS): Country's premier business school, Indian Institute of Management Calcutta (IIM-C) clinched the 19th rank among the top 20 management institutes of the world, a release said.

IIM-C has been ranked as one of the best management institutes in the world as per the Financial Times (FT) Global Rankings survey Monday, it said.

"IIM Calcutta participated in the Financial Times (FT) Global Rankings survey for Masters in Management programme, for the first time this year. It was even more heartening that IIM Calcutta was ranked higher than world renowned institutions like the London School of Economics, Aalto University, Manchester Business School and quite a few others," the release said.

IIM Calcutta and IIM Ahmedabad are the two institutions from India to feature in this ranking.

"This will not only attract the best students but also more renowned faculty to the institution, further strengthening our foundation for pursuing our vision of becoming 'An International Centre of Excellence in all aspects of Management Education'," the statement said.