Updated as on Jan 16, 2024. 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?
MDI Gurgaon completes SIP for the Batch 2022-24.
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.
SPJIMR Mumbai Placement 2024 Batch
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.
VIT B School, SBM NMIMS & IFMR GSB top B Schools for NMAT as per ROI
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.
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.
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 (GIM) Goa
- Great Lakes Institute of Management, Chennai, Gurgaon campus
- International Management Institute (IMI) New Delhi, Bhubaneswar & Kolkata campuses.
- Indian Institute of Management – Rothak
- Indian Institute of Management Calcutta
- Indian Institute of Management Indore (IIM I)
- Indian Institute of Management Kozhikode (IIM Kozhikode)
- Indian Institute of Management Lucknow (IIML)
- Indian Institute of Management Tiruchirappalli
- Indian School of Business (ISB)
- Management Development Institute (MDI)
- SP Jain Institute of Management & Research (SPJIMR)
- T A Pai Management Institute (TAPMI)
- 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.
VIT Business School MBA Placements 2023 – Breaks all records
Only 22 Business Schools from India are AACSB Accreditation till now –As on Jan 16, 2024.
- Amrita School of Business, Coimbatore
- BIMTECH Greater Noida
- Indian Institute of Management Calcutta (IIM C)
- Indian Institute of Management Udaipur (IIM U)
- Indian School of Business (ISB)
- XLRI Jamshedpur
- Institute of Management Technology, Ghaziabad (IMT G)
- S.P. Jain Institute of Management and Research (SPJIMR)
- Jagdish Sheth School of Management, Bangalore & Vijay Bhoomi University
- SBM, NMIMS University
- T. A. Pai Management Institute (TAPMI)
- VIT Business School
- MDI Gurgaon
- Amrita Business School
- IIFT
- ICFAI
- IIM Lucknow
- SCMHRD
- IIM Indore
- IMI New Delhi
- K J Somaiya
- Rajagiri Business School
