HYDERABAD: The Indian School of Business (ISB) has announced its accreditation by the Association to Advance Collegiate Schools of Business (AACSB), making it the first business school in South Asia to be recognised by this premier global body. This acknowledgement by the oldest and longest serving global accrediting body for business schools implies that ISB, which is celebrating a decade of its existence, now joins the exclusive league of the world’s best business schools. The AACSB accreditation has been earned by less than five percent of the world’s business schools.
Ajit Rangnekar, Dean, ISB, said, “We are delighted to have received the prestigious 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 to creating research-based knowledge, and developing leaders through innovative world-class programmes, we are delighted to have this robust and independent reaffirmation of our adherence to our mission.”
He added, “We are confident that this recognition will translate into increased int-erest 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.”
Adi Godrej, Chairman, ISB said: “I congratulate the entire ISB community on this accomplishment. The achievement further strengthens ISB’s mission to put India on the world map of top quality management education by consolidating our global position.”