Indian Institute of Management, Calcutta (IIM-C), is the first management institute to be accredited by AACSB, AMBA and EQUIS. This achievement has rendered IIM-C to become the first and only institute to be recognized by all the three credentials in India. IIM-C has joined the league of only 5 other management institutes in Asia and in total 73 business schools globally to currently possess all three accreditations.
It has been reported by the official source that the UK has the highest number of triple accredited B-schools (nearly 20). IIM-C is the only Indian Institution of CEMS, which has joined a grouping of 30 premier global business schools that offer the Masters in Management programme.
On April 12, 2016, the EFMD Quality Improvement System (EQUIS) Accreditation Board voted to confer EQUIS Accreditation on IIM Calcutta. Hence, the globally recognized international organization for management development which has over 800 members from academia, business, public service and consultancy in 81 countries entitled IIM-C with such prestigious accreditation to its account.
Similarly, IIM-C had already been accredited by the Association to Advance Collegiate Schools of Business (AACSB) in 2014. AACSB grants internationally recognized, specialized accreditation for business and accounting programs at the bachelor's, master's, and doctoral level.
The third accreditation secured by IIM-C is the Association of MBA’s (AMBA) which was also gained by the institute in 2014 itself. The AMBA accredits just 1% of the world's MBA business schools and IIM Calcutta has been able to achieve this accredits within the initial 5-year of its commencement. This achievement is an epitome of the quality of their MBA programmes offered by them and places Indian management education on a different landscape in global scenario.
On achieving this milestone Saibal Chattopadhyay, director of IIM Calcutta said in an official communiqué that "We are indeed happy to receive this recognition. It reaffirms our commitment to academic excellence, and marks a significant step towards our journey to be regarded as a global leader in management education.”
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