Courtesy :Masters in Business Administration (MBA)

Accreditation

United States

Business school or MBA program accreditation by external agencies provides students and employers with an independent view of the school or program’s quality, as well as whether the curriculum meets specific quality standards. Currently the three major accrediting bodies in the United States are: # ISO certification in India

• Association to Advance Collegiate Schools of Business (AACSB),
• Accreditation Council for Business Schools and Programs (ACBSP), and
• International Assembly for Collegiate Business Education (IACBE).

All of these groups also accredit schools outside the US. The ACBSP and the IACBE are themselves recognized in the United States by the Council for Higher Education Accreditation (CHEA). MBA programs with specializations for students pursuing careers in healthcare management also eligible for accreditation by the Commission on the Accreditation of Healthcare Management Education (CAHME).

US MBA programs may also be accredited at the institutional level. Bodies that accredit institutions as a whole include:

• Middle States Association of Colleges and Schools (MSA),
• New England Association of Schools and Colleges (NEASC),
• Higher Learning Commission (HLC),
• Distance Education Accrediting Commission (DEAC),
• Northwest Commission on Colleges and Universities (NWCCU),
• Southern Association of Colleges and Schools (SACS), and
• Western Association of Schools and Colleges (WASC).

Other countries

Accreditation agencies outside the United States include the Association of MBAs (AMBA), a UK-based organization that accredits MBA, DBA, and MBM programs worldwide, government accreditation bodies such as the All India Council for Technical Education (AICTE), which accredits MBA and Postgraduate Diploma in Management (PGDM) programs across India. Some of the leading bodies in India that certify MBA institutions and their programs are the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC). A distance MBA program needs to be accredited by the Distance Education Council (DEC) in India. The Council on Higher Education (CHE) in South Africa, the European Foundation for Management Development operates the European Quality Improvement System (EQUIS) for mostly European, Australian, New Zealand and Asian schools, the Foundation for International Business Administration Accreditation (FIBAA), and Central and East European Management Development Association (CEEMAN) in Europe. # ISO certification in India