IIM-Ahmedabad and IIM-Calcutta are the other B- schools that have been awarded this year.
The awards were announced at the annual Eduniversal 3-D World Convention 2020.
Eduniversal is a global ranking and rating agency specialising in higher education, the IIM-B said in a statement.
IIM-Bangalore is the first management institute in India to offer massive open online courses (MOOCs) and is the coordinating institute for management education for the Study Webs of Active-Learning for Young Aspiring Minds (SWAYAM) courses delivered on the edX platform, the B-school said.
The IIM-B said the Eduniversal appreciated its vibrant student exchange programme, which has several partner universities from across North America, Europe, Asia, Australia and South America.
Professor Rishikesha T Krishnan, director, IIM-Bangalore, said, “IIM-B is honoured to be among the top three schools from Central Asia voted by our peers in the survey.”
While the pandemic has disrupted normalcy, IIM-B has been managing the processes and has ensured learning continuity remarkably well, Krishnan said adding, the award is a recognition of IIM-Bs vision to be a globally-renowned academic institution fostering excellence in management, innovation and entrepreneurship.