IIM (Indian Institute of Management) Indore has turned into the 10th business education organization in India to get the accreditation from AACSB International (AACSB or The Association of Advance Collegiate Schools of Business), the worldwide certifying body for business institutions. The accreditation provides an internal exposure to B-school.
AACSB accreditation perceives business schools foundations that have exhibited an emphasis on perfection in all zones, including research, curriculum, teaching, and learning of students,” said Stephanie M. Bryant, official VP and boss accreditation officer at AACSB International.
In India, IIM Udaipur, SPJIMR Mumbai, NMIMS School of Business Management, Mumbai, Indian School of Business, IIM Calcutta, Xavier Labour Research Institute (XLRI), T.A. Pai Management Institute (TAPMI), Institute of Finance and International Management (IFIM) and IMT Ghaziabad, have gotten the AACSB accreditation till now.
“IIM Indore is charmed to be a piece of the coveted group of establishments accredited by AACSB, and this is a consequence of our continued exertion to be a logically relevant and socially cognizant world-class organization” Himanshu Rai, an executive at IIM Indore said.
Indian Institute of Management Indore recently won the Association of MBAs (AMBA) Business Excellence Award 2019 on last month in the class of Business School Impact on Community and Society for its Rural Immersion Program which is an activity from the establishment to enable students to comprehend the issues faced by the people and tackling them to provide a certain solution.
Synonymous with the most astounding guidelines of value, AACSB accreditation moves better approaches of thinking inside business education around the globe and, accordingly, has been earned by just five per cent of the world’s schools offering business courses at the bachelor or higher level. Today, 836 organizations from 55 nations have AACSB accreditation. Besides, 189 establishments have supplemental AACSB accreditation for their accounting programs.
Established in 1916, AACSB set up is the longest-serving worldwide certifying body for business colleges, and the biggest business education organizes network connecting all members of the community. The principles have kept on being reexamined to guarantee quality and ceaseless improvement in business education. It gives a structure of 15 universal standards against which business colleges around the globe evaluate the nature of their services.
These frameworks or standards will help university and colleges for continuous improvement and give a spotlight to schools to convey on their central goal.
AACSB additionally declared the accreditation details to the following institutions Texas A&M University– Texarkana, the University of Agder, Lahore University of Management Sciences, and the University of Macau have earned accreditation in business.