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    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.

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    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.

    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.

    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 ?

    Hello aspirant,

    A 4.3 out of 5 grade was given to Jamia Hamdard University by careers360. With a placement rating of 3.6 out of 5, and. In the 2016 and 2017 national rankings created by the National Institutional Ranking Framework (NIRF), Jamia Hamdard came in third and top place for pharmacy, respectively. In the University Category out of 724 participating institutions of higher learning, it came in 26th place.

    Jamia Hamdard is a reputable pharmacy school that also offers a solid MBA programme.

    Thank you

    Hope this information helps you

    Hello,

    MBA in Operations can be a good choice for you if you're planning to set up your business,you will explore the domain of planning, production, manufacturing, marketing, maintenance etc,

    the eligibility criteria regarding this is passed bachelor's degree in any discipline from a recognized university securing 50% aggregate, there is relaxation of 5% for reserved categories,

    admission may be done through entrance tests such as CAT, MAT, CMAT, XAT, NMAT to name a few, or it may be based on the merit of the qualifying examination,

    some of the top colleges offering MBA in operations are as follows;

    • School of Business, University of Petroleum and Energy Studies, Dehradun
    • School of Management, Dr DY Patil University, Navi Mumbai
    • BML Munjal University, Gurgaon
    • GD Goenka School of Management, Gurgaon
    • Jankidevi Bajaj Institute of Management Studies, Mumbai
    • Symbiosis Institute of Operations Management, Nashik
    • Burdwan University - University of Burdwan
    • Mysore University - University of Mysore
    • ASBM University, Bhubaneswar
    • Avalon Business School, Visakhapatnam

    check out our page at https://www.careers360.com/courses/mba-in-operations-management to know more details regarding this.

    other than you can consider specialization areas such as finance, construction management, project management, infrastructure management, real estate management to name a few,

    Dear Aspirant,


    Hope you are doing fine! The NMIMS online MBA course is approved by UGC and University is ranked 25th among best private mba colleges. But I would not recommend you to go for online mba degree unless you are working professional or any obstacles which are stopping you from pursuing it regularly. An online mba degree from nmims will not provide you placements however you can take help from college alumni to get a job or the online degree will help you in salary hike while switching jobs. The benefits of pursuing a degree online is only to those who were unable to pursue it regularly. While there are certain drawback of online mba degrees such as lack of campus experience, lack of industry exposure, lack of personal interaction, lack of network building etc.


    but as a working professional it would be advantageous for you weather you are doing it from nmims or any other government recognized private institutes. You just need to complete your deadlines to receive a certificate which will help you in your future career growth.


    hope this information is helpful :)

    Dear aspirant hope you are doing well..

    Fee structure of Top MBA college are..

    • IIM Calcutta - Rs 19 lakh
    • IIM Lucknow- .  Rs 19.25 lakh
    • IIM Kozhikode Rs 19 lakh
    • IIM Indore Rs 16.50 lakh
    • IIM Shillong Rs 15 lakh
    • IIM Rohtak Rs 16.65 lakh
    • IIM Raipur Rs 14.21 lakh
    • IIM Trichy Rs 16.50 lakh

    For detailed information about MBA, fee structure, entrance exam and Admission process. Click on the link below..

    https://www.careers360.com/courses/mba-master-of-business-administration/amp

    Hope it's helpful thank you..

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    A career as news anchor requires to be working closely with reporters to collect information, broadcast newscasts and interview guests throughout the day. A news anchor job description is to track the latest affairs and present news stories in an insightful, meaningful and impartial manner to the public. A news anchor in India needs to be updated on the news of the day. He or she even works with the news director to pick stories to air, taking into consideration the interests of the viewer.

    3 Jobs Available
    Publisher

    For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

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    Copy Writer

    In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

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    Gemologist

    A career as a gemologist is as magnificent and sparkling as gemstones. A gemologist is a professional who has knowledge and understanding of gemology and he or she applies the same knowledge in his everyday work responsibilities. He or she grades gemstones using various equipment and determines its worth. His or her other work responsibilities involve settling gemstones in jewellery, polishing and examining it. 

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    Production Manager

    Production Manager Job Description: A Production Manager is responsible for ensuring smooth running of manufacturing processes in an efficient manner. He or she plans and organises production schedules. The role of Production Manager involves estimation, negotiation on budget and timescales with the clients and managers. 

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    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    Merchandiser

    A career as a merchandiser requires one to promote specific products and services of one or different brands, to increase the in-house sales of the store. Merchandising job focuses on enticing the customers to enter the store and hence increasing their chances of buying a product. Although the buyer is the one who selects the lines, it all depends on the merchandiser on how much money a buyer will spend, how many lines will be purchased, and what will be the quantity of those lines. In a career as merchandiser, one is required to closely work with the display staff in order to decide in what way a product would be displayed so that sales can be maximised. In small brands or local retail stores, a merchandiser is responsible for both merchandising and buying. 

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    Quality Systems Manager

    A Quality Systems Manager is a professional responsible for developing strategies, processes, policies, standards and systems concerning the company as well as operations of its supply chain. It includes auditing to ensure compliance. It could also be carried out by a third party. 

    2 Jobs Available
    Production Planner

    Individuals who opt for a career as a production planner are professionals who are responsible for ensuring goods manufactured by the employing company are cost-effective and meets quality specifications including ensuring the availability of ready to distribute stock in a timely fashion manner. 

    2 Jobs Available
    Commercial Manager

    A Commercial Manager negotiates, advises and secures information around pricing for commercial contracts. He or she is responsible for developing financial plans in order to maximise the business profitability.

    2 Jobs Available
    Metrologist

    You might be googling Metrologist meaning. Well, we have an easily understandable Metrologist definition for you. A metrologist is a professional who stays involved in the measurement practices in varying industries including electrical and electronics. Metrologists are responsible for developing processes and systems for measuring objects and repairing electrical instruments. It also involves writing specifications of experimental electronic units. 

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    Computer Programmer

    Careers in computer programming primarily refer to the systematic act of writing code and moreover includes wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech-enthusiast. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word processing applications and browsers.

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    Product Manager

    A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

    3 Jobs Available
    ITSM Manager

    ITSM Manager is a professional responsible for heading the ITSM (Information Technology Service Management) or (Information Technology Infrastructure Library) processes. He or she ensures that operation management provides appropriate resource levels for problem resolutions. The ITSM Manager oversees the level of prioritisation for the problems, critical incidents, planned as well as proactive tasks. 

    3 Jobs Available
    Web Analyst

    Web Analyst Job Description: A Web Analyst utilises his or her analytics skills to pull data collections from varying websites concerning visitors’ behaviour and performance of web servers. He or she oversees link management, SEO statistics and keyword density. 

    2 Jobs Available
    Team Lead

    A Team Leader is a professional responsible for guiding, monitoring and leading the entire group. He or she is responsible for motivating team members by providing a pleasant work environment to them and inspiring positive communication. A Team Leader contributes to the achievement of the organisation’s goals. He or she improves the confidence, product knowledge and communication skills of the team members and empowers them.

    2 Jobs Available
    Project Consultant

    A Project Consultant is responsible for contributing operational, strategic or technical expertise to projects. He or she provides consultation to clients and determines project parameters, developing project plans concerning business objectives. Project Consultants provide support in assigning tasks and resources. 

    2 Jobs Available
    Big Data Analytics Engineer

    Big Data Analytics Engineer Job Description: A Big Data Analytics Engineer is responsible for collecting data from various sources. He or she has to sort the organised and chaotic data to find out patterns. The role of Big Data Engineer involves converting messy information into useful data that is clean, accurate and actionable. 

    2 Jobs Available
    Integration Architect

    Career as  Integration Architect is responsible for integrating various systems and technologies into the whole. He or she creates technical designs for complex systems as well as plans for security, scalability and back up procedures. Integration Architect oversees all stages of the software development process concerning from planning to deployment. 

    2 Jobs Available
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