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Know International MBA Accreditations: AACSB, AMBA, EQUIS, ACBSP, IACBE

Know International MBA Accreditations: AACSB, AMBA, EQUIS, ACBSP, IACBE

Edited By Prabha Dhavala | Updated on Feb 20, 2023 11:42 AM IST | #MBA

International MBA Accreditations like AACSB, AMBA, EQUIS, ACBSP, IACBE are much touted in the media when it comes to BSchools and management education. However, what are these international accreditations namely AACSB, AMBA, EQUIS, ACBSP, IACB and what do they add to any institute that offers management courses? This is one question that comes to mind when it comes to checking business schools and selecting one. In this article we check out the various accreditations like AACSB, AMBA, EQUIS, ACBSP, IACB and their importance.

Know International MBA Accreditations: AACSB, AMBA, EQUIS, ACBSP, IACBE
Know International MBA Accreditations: AACSB, AMBA, EQUIS, ACBSP, IACBE

Before starting to understand these accreditations, it's imperative to understand what accreditation actually means, the role it plays in ascertaining the quality of education at any institute and its importance for any MBA aspirant.

MBA Accreditation - Meaning, Types

The dictionary meaning of accreditation holds true in this case. Accreditation means the action or process of officially recognizing something as being qualified to perform a particular activity. In the case of MBA accreditation, this translates to the course and by extension the institute being rated as a quality one with value in the industry.

What are the types of MBA accreditation?

MBA aspirants must look for both national and international accreditations. This is because national accreditations take the domestic factors into consideration while international MBA accreditations allow for global recognition.

Types of International MBA Accreditation

Some of the popular MBA accreditations cited by business schools across the globe are AACSB, AMBA, EQUIS, ACBSP, IACBE. Each accreditation is looked at in detail in the section below.

  • AACSB: A global nonprofit association located in the USA, Netherlands and Singapore, AACSB accreditation indicates a business school’s commitment to four major factors - strategic management, learner success, thought leadership, and societal impact. To achieve AACSB accreditation for MBA, business schools undergo a rigorous process. Performance in critical areas, such as teaching, research, curricula development, and student learning is measured. More than 950 plus schools across the world have been accredited.
    The main advantage with choosing an institute with AACSB accreditation is that it is recognized worldwide by employers and universities. Therefore studying in an AACSB accredited institute would allow more access to top recruiters, vie for competitive salaries. Such institutes also attract excellent faculty hence the quality of education provided would be the best.
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BSchools in India with AACSB Accreditation


  • AMBA: Another recognised international MBA accreditation is from the Association of MBAs (AMBA). More than 260 business schools across 75 countries are part of the accredited institute list of AMBA for their MBA, DBA and Master’s Degree programmes. Programmes need to reflect the prescribed standards in teaching, learning and curriculum design, career development and employability, student, alumni and employer interaction to achieve accreditation from AMBA.
    A major advantage of the AMBA accreditation is that business schools are recognised at the international level.
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Institute having AMBA Accreditation

Goa Institute of Management

IIM Rohtak

Great Lakes Institute of Management, Chennai (and Gurgaon)

Indian School of Business

IMI New Delhi (and Bhubaneswar)

MDI Management Development Institute

Indian Institute of Management Calcutta

NMIMS School of Business Management

Indian Institute of Management Indore

S.P. Jain Institute of Management & Research

Indian Institute of Management Kozhikode

T. A. Pai Management Institute

Indian Institute of Management Lucknow

XLRI Xavier School of Management

Indian Institute of Management Tiruchirappalli

-


  • EQUIS: This is a comprehensive review system developed by the EQUIS Accreditation Board. The review process looks at a conceptual framework of quality criteria. An international committee evaluates each component of the framework as per the standards set up in place. EQUIS is internationally acknowledged and is often a prerequisite for entry to rankings. The assessment standards are set up such that schools can improvise on their strategies for curriculum development and design, research. EQUIS accreditation opens the doors to a vibrant community where mutual learning is encouraged amongst different systems of higher education.
    Factors that form part of EQUIS accreditation include MBA programmes, students and faculty, R&D pursued by a business school, Executive Education provided, resources and administration, Ethics, Responsibility and Sustainability, Internationalisation and connections.
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Institutes having EQUIS Accreditation:

IIM Ahmedabad

IIM Bangalore

IIM Calcutta

IIM Indore

Indian School of Business

IIM Kozhikode


  • ACBSP: One of the popular international MBA accreditation is by the Accreditation Council for Business Schools and Programs. Also known as ACBSP the accreditation process is modelled on the Baldrige model. The MBA accreditation process focuses on recognizing excellence in teaching, student learning outcome determination with a continuous improvement model. The learning approach with a focus on student-centered teaching is measured to ensure that students gain the right sets of skills.

Institutes having ACBSP Accreditation


  • IACBE: Recognized by the Council for Higher Education Accreditation (CHEA), IACBE is an accrediting organization that accredits business, accounting, and business-related degree programs (associate, bachelor’s, master’s, and doctoral levels) in institutions of higher education across the globe. Some significant benefits of IACBE accreditation include external quality assurance, sharing of best practices and public accountability.

Importance of MBA accreditation

While most students don't bother with understanding accreditation and its uses, it is imperative to always pick an institution that has accreditation. International MBA accreditation is a vital factor that should always be considered by students while choosing an institute. The reason being that accredited institutes have to maintain quality in various aspects like the curriculum, practices, employ good faculty, inculcate research to name a few. Moreover, international MBA accreditation also allows for a global presence/ recognition. All these combine to give a wholesome institute that makes the MBA worthwhile.

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Questions related to MBA

Have a question related to MBA ?
mba fees structure for two year

A two-year MBA program in India typically costs between 10 lakh and 34 lakh, but this can vary significantly based on the institution, program type, and location. Government and state colleges generally have lower fees, ranging from 2 lakh to 6 lakh, while private and international institutions can charge considerably more.

Factors influencing MBA fees:

Institution Type: Government and state-funded institutions generally have lower fees compared to private and international universities.

Program Type: Full-time, part-time, and online MBA programs can have different fees.

Location: Costs can vary depending on the city and state.

Infrastructure and Facilities: Institutions with better facilities and programs like international immersion programs may charge higher fees.

Fee ranges for different categories:

IIMs: 20 lakh to 28 lakh.

Tier-1 Private Colleges: 15 lakh to 25 lakh.

Tier-2 Private Colleges: 8 lakh to 12 lakh.

Tier-3 / State Colleges: 2 lakh to 6 lakh.

Private Universities: Up to 34.60 lakh.

Government/State Colleges: 2,600 to 8.6 lakh.

Online/Distance MBA: 15,500 to 55,000 per semester.

Example MBA fees for specific institutions:

IIM Bangalore: 26.00 lakh.

ISB Hyderabad: 35 lakh (1-year MBA).

XLRI Jamshedpur: 25 lakh.

SPJIMR Mumbai: 20 lakh.

NMIMS Mumbai: 19 lakh.

GOOD LUCK!!!

Read Complete Answer
sadafreen356 23 April,2025
what makes the IBS Executive MBA Program stand out for working Professionals

Hii,

The IBS Executive MBA Program is great for working professionals because it offers a flexible schedule, allowing you to study while continuing your job. The program focuses on real-world business problems, which helps you apply what you learn directly to your work. You’ll learn from experienced faculty members and have the chance to network with other professionals from different industries, which can open up new career opportunities.

It’s designed to improve leadership skills, making it ideal for people looking to grow in management roles. You also get a chance to gain global exposure through international study trips and industry connections. The curriculum includes various specializations, so you can choose what aligns with your career goals, whether it’s marketing, finance, or something else. Plus, the degree is from a well-recognized institution, which adds value to your resume.

The best part is that the program understands your need for balance, so it’s structured to fit into your busy work life.

Read Complete Answer
Saurabh Yadav 22 April,2025
Hey, my merit number is 940, can i get admission in NMIMS mumbai campus for MBA TECH Program?

Hello Vedant,

Based on the available information, if your merit number is 940 for the B.Tech + MBA Tech program at NMIMS Mumbai , it is unlikely that you will secure admission. The competition for this program is intense, and the closing ranks are typically much lower.

Key Points:

  • Limited Seats: The B.Tech + MBA Tech program at NMIMS Mumbai has a limited number of seats, making the admission process highly competitive.

  • Merit-Based Selection: Admission is primarily based on merit, and candidates with higher merit numbers have a lower chance of securing a seat.

  • Alternative Options: If you are interested in pursuing this program, consider exploring other campuses of NMIMS or similar programs at different institutions.

For the most accurate and up-to-date information, please refer to the official NMIMS website or contact their admissions office directly.


I hope this answer helps you. If you have more queries, feel free to share your questions with us, and we will be happy to assist you.

Thank you, and I wish you all the best in your bright future.



Read Complete Answer
kumardurgesh1802 22 April,2025
Best Package College For MBA In Banglore Without CAT

Hii,

Here's the best MBA colleges in Bangalore (without CAT)

  • SIBM Bangalore (Symbiosis Institute of Business Management)

    • Accepted Exam: SNAP

    • Average Package: 10–11 LPA

    • Highest Package: 20+ LPA

  • NMIMS Bangalore (Narsee Monjee Institute of Management Studies)

    • Accepted Exam: NMAT

    • Average Package: 9–10 LPA

    • Highest Package: 19 LPA

  • JAGSoM (Jagdish Sheth School of Management, formerly IFIM)

    • Accepted Exams: GMAT, GRE, MAT, XAT, CMAT

    • Average Package: 10.5 LPA

    • Highest Package: 22 LPA

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    • Average Package: 7 LPA

    • Highest Package: 16 LPA

  • Christ University, Bangalore

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    • Average Package: 6–7 LPA

    • Highest Package: 13 LPA

  • Indus Business Academy (IBA), Bangalore

    • Accepted Exams: MAT, XAT, CMAT, ATMA

    • Average Package: 6.9 LPA

    • Highest Package: 14 LPA

  • ISME (International School of Management Excellence)

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    • Average Package: 6 LPA

    • Highest Package: 13 LPA

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Saurabh Yadav 21 April,2025
5 years integarated mba after 12 th

Hello,

A 5-year integrated MBA is a program that combines both undergraduate and postgraduate studies in business management. After completing your 12th grade, you can join this program, which typically includes 3 years of undergraduate courses (like BBA or similar) followed by 2 years of MBA-level coursework.

This program is designed to save time by combining both degrees into one. It usually requires you to clear an entrance exam for admission. It’s a good option if you’re certain about pursuing an MBA and want a streamlined path.

Hope it helps !

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