The festive season 2022 has brought in great news for Indian management education! Two Indian B-schools -- BIMTECH and Rajagiri Business School – have earned the prestigious AACSB International Accreditation. With these accreditations, the total number of Indian B-schools with AACSB Accreditation has gone up to 21. AACSB Accreditation provides a framework of international standards on which B-Schools assess the quality of their education.
These new accreditations were announced by AACSB International last weekend. Sharing the news with MBAUniverse.com, AACSB International confirmed that BIMTECH Greater Noida and Rajagiri Business School Cochin are amongst the few global B-schools that have earned the accreditation in business.
Earlier this year, K J Somaiya Institute of Management Mumbai and IMI New Delhi have earned the AACSB Accreditation. Now there are four IIMs with AACSB Accreditation and the total number of Indian B-schools with AACSB Accreditation has gone up to 21 from 19 earlier. A total of 950+ institutions across 59 countries and territories have earned AACSB accreditation in business.
Set up in 1988, Birla Institute of Management Technology, popularly known as BIMTECH, is supported by the Birla group of companies. Late Basant Kumar Birla and Sarala Birla, chairperson of B K Birla Group of companies are the founders of the business school. Located in Delhi NCR region, BIMTECH is a ‘mini-India’ with students coming almost from all the states of India. BIMTECH is led by Dr Harivansh Chaturvedi, Director, BIMTECH.
Established in the year 2008, Rajagiri Business School is part of Rajagiri Group of Institutions and functions as an autonomous institution. The business school is located in the Rajagiri Valley in Kakkanad, close to the IT hub of Kochi, Infopark and SmartCity Kochi. Through pedagogical innovation, Rajagiri Immersive Learning Experience (RILE), the students are exposed to experiences and activities that prepare them to confront the complex business environment head-on.
List of AACSB Accredited B-Schools in India - MBAUniverse.com
With the award of Accreditation to BIMTECH and Rajagiri Business School, B-schools with AACSB accreditations in India are:
- Amrita School of Business (ASB) Coimbatore
- BIMTECH Greater Noida
- ICFAI (IBS) Hyderabad
- IIM Calcutta
- IIM Indore
- IIM Lucknow
- IIM Udaipur
- IMT Ghaziabad
- Indian Institute of Foreign Trade (IIFT)
- International Management Institute (IMI) New Delhi
- ISB Hyderabad
- JAGSoM Bangalore
- K J Somaiya Institute of Management Mumbai.
- Management Development Institute (MDI) Gurgaon
- Rajagiri Business School Cochin
- School of Business Management at NMIMS Mumbai
- SCMHRD Pune
- SPJIMR Mumbai
- TAPMI Manipal
- VIT Business School Vellore
- XLRI Jamshedpur
(List in alphabetic order)
AACSB accreditation is awarded to the institute for its demonstrated focus on quality in teaching, research, curriculum development, and student learning. The Accreditation has been earned by only 5 percent of the world's schools offering business degrees at the bachelor level or higher. AACSB Accreditation provides a framework of 15 international standards against which business schools around the world assess the quality of their educational services. These standards ensure continuous improvement and provide focus for schools to deliver on their mission, innovate, and drive impact. Founded in 1916, AACSB is the longest-serving global accrediting body for business schools, and the largest business education network connecting students, educators, and businesses worldwide AACSB has offices located in Tampa, Florida, USA; Amsterdam, the Netherlands; and Singapore.
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