K J Somaiya Institute of Management MBA Admissions 2026
Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International
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.
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.
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.
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.
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.
Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International
Offers full-time PGP in International Master in business (IMB) Equivalent to MBA under following specializations Marketing, HR, Operations, and many more
BSchools in India with AACSB Accreditation
Institute having AMBA Accreditation
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 |
T. A. Pai Management Institute | |
Indian Institute of Management Lucknow | XLRI Xavier School of Management |
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Institutes having EQUIS Accreditation:
IIM Calcutta |
IIM Indore |
Indian School of Business |
IIM Kozhikode |
Institutes having ACBSP Accreditation
PSGR Krishnammal College for Women - Department of Management Coimbatore | |
VIT Business School | |
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.
On Question asked by student community
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 !
Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.
For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.
If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:
1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.
2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.
3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.
4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.
5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.
6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.
Hello,
If you have made a mistake while entering your education details in KEA PGCET MBA option entry, you cannot edit it directly once it is submitted. You need to contact KEA immediately.
You can:
Call the KEA helpline numbers.
Or visit the KEA office with your documents.
They will guide you on how to correct the mistake. Do it quickly, as corrections are allowed only within the given time.
Hope it helps !
The cut off for national exams like CAT or XAT required for admission for Masters in Business Administration (MBA) program may vary b collage and years. The top tier or top MBA collages like IIMs may require 98-100 percentile. F or more details you can go through: https://bschool.careers360.com/articles/cat-cutoff
Thank you.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Ranked amongst top 3% universities globally (QS Rankings)
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Ranked No. 3 Business School in India and no.35 in world by Financial Times MiM 2025 Ranking | Highest CTC: INR 89 LPA
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