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

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CAT Application Date:01 Aug' 25 - 20 Sep' 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. 

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Hello Aspirant,

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Hello

The CAT 2025 exam is a national-level MBA entrance test for IIMs and top B-schools in India. It will be held on 30th November 2025 in computer-based mode across ~170 cities.
The registration is open from 1st August to 13th September 2025 on iimcat.ac.in .
Admit cards will be available from 5th November 2025 onward.
Graduates with at least 50 marks (45 for SC/ST/PwD) are eligible to apply.
The exam tests English, Reasoning, and Quantitative Aptitude in three timed sections.

Yes, you can pursue an MBA at Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow, through the CAT exam.

Eligibility Criteria:

  • Educational Qualification: A bachelor's degree with at least 50% marks (45% for SC/ST/PwD candidates) from a recognized university.

  • Entrance Exam: A valid CAT score is required for admission.

Admission Process:

  1. Application: Register online through the BBAU admission portal.

  2. Entrance Exam: Appear for the CAT exam and obtain a valid score.

  3. Counseling: Shortlisted candidates will be called for counseling based on their CAT scores.

  4. Document Verification: Submit necessary documents for verification.

  5. Fee Payment: Complete the fee payment to confirm admission.

Course Details:

  • Duration: 2 years (full-time).

  • Specializations: Finance, Marketing, Human Resource Management, among others.

Placement Opportunities:
BBAU has a strong placement record, with top companies recruiting MBA graduates.

For more details and to apply, visit the  official BBAU MBA admission page

Hello Amgothu

With 305 marks in ICAR PG and being from ST category, your chances of getting an AIEEA (CAT) seat is good, especially in plant sciences and less competitive subjects