KOLKATA: international accreditation seems to be the keyword among several top B-schools in India. IIM (Ahmedabad), XLRI, Jamshedpur, SP Jain Institute of Management and Research, Mumbai, and what are the gears to benchmark against the best in the world.
This step will not only be more institutions of the “global ambitions, and the reception of foreign students, but also help to retain the most familiar with their international partners, for the provision of common services and the implementation of student exchange programs.
IIM-A recently announced its decision to the coveted EQUIS (European Quality Improvement System), accreditation, which contribute to increasing their “Global Positioning.” According to an IIM-A spokesman of the Institute, the process has started, the application for accession to European Foundation for Management Development (EFMD), a non-profit organization, the International Business Schools accredited. The application is the EQUIS in the near future.
Speaking to ET, Mr. Julio Urgel, director, EQUIS and high quality services on EFMD, said an Indian Institute has received a formal request for accreditation EQUIS, and six-seven others, including IIM-A, have shown interest. However, he refused to reveal the names of others, but adds that the application of international accreditation has been increasingly common throughout the world.
“Most of the best schools to recognize that this is a global village where the rich and the schools can not afford to play more national. They should be in touch with international developments. India is not to be different. ” Which probably explains the haste of the leading institutes of this “opting.
XLRI, Jamshedpur plans, the rules of accreditation agencies like SAQS (South Asian Quality System) and EQUIS by the end of February. “Our goal is to our programs to a certificate of quality to meet international standards, as a” father N Casimir Raj, the director, told ET XLRI.
According to the father Abraham, the director, XIM, Bhubaneswar, accreditation, means the parties concerned to establish the credibility of an establishment of processes and systems. “The students from accredited institutions are easier to obtain and internship opportunities for the pursuit of higher education, especially in doctoral programs in the B-schools,” he said.
XIMB has already submitted an application for admission SAQS about six months, and there may be more than one year or more before obtaining approval. MDI Gurgaon was the first institute in India to obtain accreditation from the AMBA (Association of MBAs), while ICFAI Business School (IBS), Hyderabad has also SAQS accreditation.
TAPMI, Manipal application for accreditation by the AACSB ()-2003, with the ISB, Hyderabad following suit during the past year. For TAPMI, the accreditation process is already AASCB midterm and director Nagabrahmam D is convinced that more and more Indian Institute follow suit
