IFIM in News
‘Global accreditation gives B-schools more exposure’
Published: The Times Of India | Date : January 09, 2019
Tuesday, January 09 2019: BENGALURU: Business schools, including IIMs, are increasingly accreditation to spread their presence in the global market and draw more foreign students and researchers. They are looking for accreditation from institutions like the Association to Advance Collegiate Schools of Business (AACSB), Association of MBAs (AMBA) and European Quality Improvement System (EQUIS). In an interview to TOI, Tom Robinson, president, AACSB, details the advantages Indian institutes gain from international accrediation. Excerpts:
What does it mean for an institution to be AACSB Accredited?
AACSB is a 100-year-plus American institution giving accredited to business schools across the world Such an accreditation puts the institution at the forefront of innovation, engagement and global impact We connect leaders in academia and industry to share knowledge and best practices AACSB accreditation and quality assurance is synonymous with the highest standards in business education.
How many management institutions have AACSB accreditation; how many are from India?
About 5% of the world’s management institutions are CSB accredited and 33% of them are in the US. Currently, we have accredited 830 management institutes globally and nine of them are from India. We began giving accreditation to Indian institutions in 2011. Some of the first ones were IIM Calcutta, IIM Udaipur, India School of Business, TAPMI Karnataka, IFIM Karnataka and SP Jain Institute of Management and Research, Mumbai. There are 17 more Indian business schools in the process of getting accreditation.
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