Celebrating the achievement, GIM Goa stated, “Goa Institute of Management (GIM) is proud to share that it is now accredited by the Association to Advance Collegiate Schools of Business (AACSB), a hallmark of global excellence in business education.”

Dr. Mayank Dhaundiyal, Dean, JGBS, said, “I am absolutely delighted to announce that Jindal Global Business School (JGBS) has now officially earned the prestigious AACSB International accreditation, placing us among the elite 6% of business schools worldwide.”

Sharing the proud moment, Dr. Radhika Shrivastava, President, FIIB New Delhi, said, “Big news, and a proud moment for all of us at Fortune Institute of International Business (FIIB)! FIIB is now AACSB Accredited — joining the top 6% of business schools worldwide (and just about 1% in India) that meet this gold standard of excellence in business education. For us, this isn’t just a badge of prestige — it’s validation of everything we’ve worked towards.”

1️⃣ What is AACSB International?

AACSB (Association to Advance Collegiate Schools of Business), founded in 1916 as the American Assembly of Collegiate Schools of Business, is the world’s longest-serving and most prestigious accrediting body for business schools. AACSB accreditation ensures that a business school maintains high standards in teaching, research, curriculum, and student learning, promoting strategic management, learner success, thought leadership, and societal impact.

2️⃣ What are AACSB Standards?

AACSB accreditation is based on rigorous standards, revised regularly to stay relevant. The current standards (adopted in July 2020) are grouped into three categories:

A. Strategic Management & Innovation

• Mission, Impact, and Innovation

• Financial Strategies and Resource Allocation

• Faculty & Professional Staff Resources

B. Learner Success

• Curriculum Management & Assurance of Learning

• Student Success

• Teaching Effectiveness

C. Thought Leadership, Engagement & Societal Impact

• Impact of Scholarship

• Engagement & Societal Contribution

3️⃣ AACSB Accreditation Process

The process involves multiple steps to ensure quality and continuous improvement:

1. Eligibility Application

2. Initial Self-Evaluation Report (iSER)

3. Mentoring & Development

4. Self-Evaluation Report (SER) Submission

5. Peer Review Team (PRT) Visit

6. Accreditation Decision

7. Continuous Improvement Review (CIR)

4️⃣ Top AACSB Accredited MBA Colleges in India

The top 10 AACSB-accredited B-schools in India include:

1. IIM Calcutta

2. IIM Indore

3. IIM Lucknow

4. IIM Udaipur

5. IMT Ghaziabad

6. IIFT

7. IMI Delhi

8. ISB Hyderabad

9. MDI Gurgaon

10. XLRI Jamshedpur

5️⃣ Full List of AACSB Accredited B-Schools in India (2025)

1. Amrita School of Business (ASB), Coimbatore

2. BIMTECH, Greater Noida

3. FIIB, New Delhi

4. GIM, Goa

5. Great Lakes Institute of Management, Chennai

6. ICFAI (IBS), Hyderabad

7. IIM Calcutta

8. IIM Indore

9. IIM Lucknow

10. IIM Udaipur

11. IMT Ghaziabad

12. IIFT

13. IMI Delhi

14. ISB Hyderabad

15. JAGSoM, Bangalore

16. Jaipuria Institute of Management (Lucknow, Noida, Jaipur, Indore)

17. JGBS, O.P. Jindal Global University, Sonipat

18. K J Somaiya Institute of Management, Mumbai

19. LM Thapar School of Management, Dera Bassi, Chandigarh

20. MDI Gurgaon

21. Rajagiri Business School, Cochin

22. School of Business Management, NMIMS Mumbai

23. SCMHRD Pune

24. SPJIMR Mumbai

25. TAPMI, Manipal

26. VIT Business School, Vellore

27. XLRI Jamshedpur

(List in alphabetical order)

📌 Summary

On October 30, 2025, GIM Goa, FIIB Delhi, and JGBS Sonipat joined the elite group of 27 AACSB-accredited B-schools in India. India also has 140 AACSB member B-schools, which are in different stages of accreditation. AACSB remains the global benchmark for quality, innovation, and impact in business education.