AACSB rankings - What it means and which B-schools in India have these

AACSB rankings - What it means and which B-schools in India have these

Upcoming Event

CAT Admit Card Date:05 Nov' 25 - 30 Nov' 25

Team Careers360Updated on 04 Nov 2024, 05:13 PM IST

AACSB stands for the Association of Advance Collegiate Schools of Business which is a professional and accreditation organization, operating from the USA. It was primarily called the American Assemble of the Collegiate Schools of Business when it was formed in 1916 and from the beginning, the intention or the goal was to provide accreditation to the business schools. AACSB is one of the accreditors of the triple accreditation. AACSB provides services to over 1900 member organizations and more than 1000 accredited business schools worldwide. Read this article to learn about the AASCB Ranking, what it means, and which B Schools in India have these.

AACSB Rankings - What it Means?

AACSB rankings - What it means and which B-schools in India have these
AACSB rankings - what it means and which B-schools in India have these

Being a career-oriented course that can change the life of an applicant in the coming days, because of the hefty money the courts can procure, students are ready to invest in the MBA course, even if they have to take a loan. Apart from the monetary investment the student would invest their time and effort in the course for another 2 years. However, one might feel that all this money and efforts are in vain if they have not taken or at least applied for the right B-School, that is best suited for them. AACSB ranking ensures that the students get a perfect return on the investment they have made in the courses. The AACSB ranking and accreditation make sure that the schools that are in the ranking, pass through the rigorous quality standards. AACSB ranking means the B-School has done well, can grant degrees in their own country, and has the appropriate local and regional institutional accreditation.

AACSB Rankings - The importance of the ranking

AACSB ranking and accreditation help the applicant decide the best B-School for their future.

  • Attending an AACSB-ranked business school may benefit you both during and after your studies. Here is the importance of the AACSB Ranking listed below.

  • Attending an AACSB-ranked or accredited business school can improve your career prospects and ensure you receive the highest quality teaching. \

  • The AACSB ranking serves as a quality standard so you can be assured that the business school’s programs are of the highest quality.

  • The good quality of education is provided by the best faculty who are respected for being experts across disciplines of MBA.

  • The AACSB accreditation means that the school’s degrees will be highly regarded by graduate employers and other universities.

  • This will give students who have studied an AACSB-ranked program, they have a competitive edge for a successful career and will receive better opportunities for graduate education.

  • In the future career, while all companies or organizations might not check if the MBA program is done from the AACSB-ranked or accredited schools, recruiters might prefer the ranked B-Schol when selecting for the managerial rank.

Which B Schools in India have these AACSB Ranking

There are 22 B-Schools in India including 4 IIMs that have the AACSB Ranking and Accreditation. ISB, Hyderabad is the first B-School from India to get the AACSB Ranking while Great Lakes, Chennai is the latest inclusion in this list.

B-Schools in India

Course Fees ( in INR)

Average CTC (in INR)

Highest CTC (in INR)

IIM Calcutta

21.92 Lakhs

35.07 LPA

115 LPA

IIM Indore

17.6- 22.12 Lakhs

25.68 LPA

100 LPA

IIM Lucknow

9.8- 26.05 Lakhs

30 LPA

123 LPA

IIM Udaipur

14-22.70 Lakhs

20.09 LPA

46.77 LPA

ISB Hyderabad

28.26- 42.38 Lakhs

34.08 LPA

-

VIT Business Schools

6.97 Lakhs

09. 68 LPA

15 LPA

XLRI, Jamshedpur

14-28.6 Lakhs

29.89 LPA

75 LPA

TAPMI

17.34 Lakhs

13.5 LPA

32.03 LPA

SCMHRD

5.92-21.7 Lakhs

23.71 LPA

35.02 LPA

SBM, NMIMS

6-25.00 Lakhs

26.63 LPA

67.8 LPA

SPJIMR

22.50 Lakhs

33 LPA

81 LPA

Rajagiri Business School, Kochi

7.87 Lakhs

6 LPA

-

MDI Gurgaon

24.99 Lakhs

26.13 LPA

60 LPA

K J SIM

14.14-22.32 Lakhs

12.79 LPA

28.25 LPA

JAGSOM, Bangalore

15.95 Lakhs

13. 30 LPA

43 LPA

IMI Delhi

22 Lakhs

16.71 LPA

70 LPA

IMT, Ghaziabad

21.38 Lakhs

17.35 LPA

62.86 LPA

IIFT. Delhi

17.17-21.77 Lakhs

29.1 LPA

76.5 Lakhs

ICFAU Business School, Hyderabad

17.01 Lakhs

9.71 LPA

21 LPA

BIMTECH

13-14 Lakhs

11.10 LPA

24.43 LPA

Amrita School of Business Coimbatore

10.5-11/ 10 Lakhs

08.33 LPA

24.84 LPA

Great Lakes, Chennai

21 Lakhs

15.1 LPA

37 LPA

Frequently Asked Questions (FAQs)

Q: Which institution is the latest Indian institution to get AACSB accreditation?
A:

The Great Lakes Insititute of Management, Chennai is the latest institution to get AACSB accreditation.

Q: Which institution is the first Indian institution to get AACSB accreditation?
A:

Indian School of Business or ISB, Hyderabad is the first Indian institution to get AACSB ranking/accreditation. 

Q: Is MIT AACSB accredited?
A:

Yes. MIT, Massachusetts Insititute of Technology is AACSB accredited. 

Q: Is Harvard an AACSB?
A:

Yes, Harvard has an AACSB has the AACSB accreditation. 

Q: Does AACSB Accreditation matter for an MBA?
A:

There is no hard and fast rule that AACSB accreditation is mandatory for MBA. However, due to its popularity, the AACSB-accredited schools are highly regarded not only in India but also in the international job market. The AACSB-accredited schools must pass very rigorous quality standards. They have been proven to provide the best in business education worldwide.

Q: Is IIM AACSB accredited?
A:

Yes. 4 IIM is AACSB accredited. They are IIM Calcutta, IIM Indore, IIM Lucknow, and IIM Udaipur. 

Q: Is AACSB accepted in India?
A:

Yes. Being a well-reputed accreditation and ranking organization, AACSB is not only highly regarded in India but there are 22 B-Schools, that have the AACSB accreditation.

Q: How many colleges in India are AACSB accredited?
A:

In India, 22 B-schools including IIMs are AACSB accredited. ISM, Hyderabad is the first business school to have the AACSB accreditation, while the Great Lakes became the latest school from India to attain the much acclaimed AACSB accreditation. 

Articles
|
Certifications By Top Providers
Online MBA Business Analytics
Via Centre for Distance and Online Education, Anna University, Chennai
Corporate Law
Via National Law University, New Delhi
The Science and Business of Biotechnology
Via Massachusetts Institute of Technology, Cambridge
Online MBA
Via Centre for Distance and Online Education, Anna University, Chennai
Management of Commercial Banking
Via Indian Institute of Technology Kharagpur
Strategic Management
Via Indian Institute of Management Bangalore
Udemy
 703 courses
Edx
 467 courses
Swayam
 236 courses
Emeritus
 231 courses
Explore Top Universities Across Globe
University of Essex, Colchester
Wivenhoe Park Colchester CO4 3SQ
Oxford Brookes University, Oxford
Headington Campus Oxford OX3 0BP UK
Northumbria University, Newcastle City Campus
Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
Cardiff Metropolitan University, Cardiff
Llandaff Campus, Western Avenue, Cardiff, CF5 2YB
University of Reading, Reading
Whiteknights PO Box 217 Reading Berkshire RG6 6AH
Bristol Baptist College, Bristol
The Promenade, Clifton Down, Bristol BS8 3NJ

Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

With a 70 percent in CAT Examination, you can go for various B-Schools or private collages. The S. K. Patel Institute of Management in Gandhinagar is an option for those who score 70-80 percent in their CAT examination or The Gujarat Institute of Management (GIM) in Goa with a cutoff of 60-80 percentage. These are the collages you can look for in Gujarat or nearby.

Collage in other regions: BA Colleges Accepting 70-80 Percentile in CAT 2025

Thank You.

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.

Hello dear candidate,

YES, with NEET score 344in the ST category you have high chances of getting admission in a BDS College in J&K through JKBOPEE counselling.

check the seat availability and next participate in JKBOPEE Counselling with all the necessary documents.

Thank you.