Indian School of Business gets AACSB accreditation

Updated on: Monday, December 05, 2011

The Indian School of Business (ISB) has been accredited by the Advance Collegiate Schools of Business (AACSB), becoming the first South Asian entity to receive the prestigious accreditation.

US-headquartered AACSB, one of the oldest serving accrediting body for business schools, has conferred the accreditation on ISB after about four years of rigorous review.

"We are very proud to get the accreditation, which will help us to attract more international students, faculties and recruiters, among others," ISB Dean Ajit Rangnekar told.

"AACSB has various standards for assessing business schools before giving the accreditation, which will be reviewed every five years," he noted.

South Asia refers to India, Pakistan, Sri Lanka, Nepal, Bangladesh, Bhutan, Malpes and Afghanistan.

According to him, each year ISB would carry out self evaluation to ensure that high standards are adhered to and this report would be submitted to AACSB.

Hyderabad-based ISB in a statement said that AACSB accreditation has been earned by "less than five percent of the world's business schools".

"The AACSB accreditation is yet another feather in the cap of ISB... The fact that this external endorsement of the school's quality has come on its tenth anniversary, makes it even more eventful," ISB Chairman Adi Godrej said.

A premier business school in the country, ISB is all set to start its second campus in Mohali in April 2012.

Indian School of Business gets AACSB accreditation

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