Updated as on Jan 12, 2025. More and more Business Schools and higher academic institutes in India are now going for accreditation. AACSB and AMBA are considered to be two of the major accreditations for management institutes.

Why should accreditation play an important part in the selection process of any Institute?

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Accreditation serves as an indicator of quality offered by institutions. Accreditation demonstrates if an institution has met or exceeded the set standards of quality. It is a process through which an institute undergoes several assessments and evaluations with respect to Quality Standards set by the Accreditation Committee in the areas of curriculum, faculty, infrastructure, services and facilities and research output.

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Just 9 Business Schools in India accredited with AACSB & AMBA

Based on the assessments the institute is either given certification or some accreditation bodies may also give ratings.

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Accreditation is not “Ranking”.

It is important to understand here that any institute can be a member of AMBA or AACSB by paying a fee but that certainly does not make the institute ‘AMBA or AACSB accredited’ and the Institute cannot claim to be accredited.

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Accreditation is not a ONE TIME ACTIVITY. It is valid for a particular time frame after which the institute has to again go through the process of assessment. This ensures that the quality is maintained and checked from time to time and continuous improvement processes are in place.

Since the accreditation process demands loads of documentation it also reflects the transparency of the institute.

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Only 14 Business Schools from India are having AMBA Accreditation till now – As on Jan 16, 2024.

The Management Institutes accredited by AMBA so far are:

Goa Institute of Management
Great Lakes Institute of Management, Chennai (including Gurgaon campus)
International Management Institute (IMI) – New Delhi (incl. Bhubaneswar & Kolkata campuses)
Indian Institute of Management Calcutta
Indian Institute of Management Indore
Indian Institute of Management Kozhikode
Indian Institute of Management Lucknow
Indian Institute of Management Rohtak
Indian Institute of Management Tiruchirappalli
Indian School of Business
MDI Gurgaon (Management Development Institute)
SP Jain Institute of Management & Research
T A Pai Management Institute
XLRI Xavier School of Management

About AACSB: AACSB International (AACSB) connects educators, students, and business and is known for providing the highest standards of excellence since 1916. AACSB provides quality assurance, business education intelligence, and professional development services to over 1,600 member organizations and more than 800 accredited business schools worldwide.