Global Recognition To Indian School Of Business

ISB Gets Global Recognition- AACSB
The Indian School Of Business (ISB) Hyderabad, announced its accreditation by the Association to Advance Collegiate Schools of Business (AACSB), making it the first B-School in South Asia to be recognized by this global body on Monday. This acknowledgment by the oldest and longest serving global accreditation body for Business Schools implies that ISB now joins the exclusive league of the world's best Business Schools.

 

The AACSB accreditation has been earned by less than 5 percent of the world's B-Schools. Ajit Rangnekar, the Dean of Indian School of Business said, “We are delighted to have received the AACSB accreditation, which is regarded as the hallmark of excellence in Business education. The AACSB is unique because of its mission-driven approach, evaluating the applying schools against peer schools with similar missions. Given our commitment in creating research-based knowledge, and developing leaders through innovative world-class programmes, we are delighted to h ave this robust and independent reaffirmation of our adherence to our mission”.

“We are confident that this recognition will translate into increased interest by the international community comprising of faculty, students and recruiters, and help us chart Asia's and India's growth as the global management education hub,” he further added.

Asia, today is increasingly being viewed as the next global management hub. Within Asia, India is emerging as a significant player owing to factors such as opening and globalizing of Indian economy, massive explosion of higher education and a change in approach from being 'inward looking' to 'outward looking'. Against this backdrop, international accreditation will enable Indian B-Schools to strengthen their global standing and raise the quality of Indian education.

With ISB being the first Indian Management education institution to earn the AACSB accreditation, it aims to put India firmly on the world management education map. Adi Godrej, the chairman of Indian School of Business said, “The AACSB Accreditation is yet another feather in the cap of ISB, adding to its track record of success and growth. The fact that this external endorsement of the school's quality has come on its 10th anniversary, makes it even more eventful."

The ISB's accreditation by the AASCB coincides with the tenth anniversary of the School and bears testimony to its demonstrated record of growth and accomplishment since its inception in 2011.

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