ICFAI Business School (IBS), Hyderabad , one of the premier business schools is the recipient of the prestigious accreditation from AACSB (Association to Advance Collegiate Schools of Business International). Only 874 institutes across 56 countries have received this accreditation around the world so far. With this feat, IBS Hyderabad has now joined the exclusive league which has less than 5 per cent of the business schools globally accredited by AACSB.
Stephanie M. Bryant, Executive Vice President and Chief Accreditation Officer, AACSB International congratulated ICFAI Business School, Hyderabad and
Prof. Venkata Seshaiah Sakalya, Director and Head of the school for getting the accreditation. Bryant also said that AACSB accreditation is for institutes which are focused on excellence in all areas such as research, teaching, student learning and curriculum development.
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Prof. Venkata Seshaiah highlighted how this accreditation helped IBS, Hyderabad move towards excellence by inculcating the teaching, research, institutional development, community development, and knowledge sharing (TRICK) approach. This recognition leads towards the school's internationalisation. AACSB accreditation has a framework of 15 international standards on which the business schools globally evaluate the quality of their educational services. This leads to enhanced development and helps the schools deliver on their mission.
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AACSB International (AACSB) is the world’s largest business education alliance which connects learners, educators and business for the creation of the next generation of great leaders. AACSB has a presence in more than 100 territories and countries. It has paved the way for transforming business education for creating a better society.