IIM Calcutta's new academic block
“There are three major reasons that schools apply for an international quality accreditation,” Stoddard continues, “to attract more (and better quality) students, to improve international visibility and networks, and to gain advice on continuous improvement. I believe that all schools value the third element of accreditation, but certainly for a school like IIM Calcutta, who have no issues in attracting the best students in their national context, accreditation is far more about making a statement that the School is of
international standing - thereby making it easier to engage with other high profile business schools across the globe for partnerships, faculty exchanges, and joint programmes”. Mark Stoddard, who has been part of around 100 accreditation review teams, is convinced that this will lead to significantly higher numbers of international students being attracted to study in these key Asian countries.
The appetite for AMBA accreditation, the symbol
of quality and international recognition, is certainly growing in India, where AMBA accredits 6 business schools altogether, in a country with about 3,800 business schools. In addition to IIM Calcutta, AMBA has accredited the Indian Institute of Management Lucknow, Indian Institute of Management Kozhikode, International Management Institute Delhi, Management Development Institute India and SPJain Institute of Management and Research.
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