AACSB Accredited MBA Colleges in India 2025: GIM Goa, FIIB Delhi, Jindal Global Business School join Elite List of 27 AACSB Accredited B-schools in India

Celebrating the achievements, GIM Goa said, “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 (AACSB) 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."

Table of Content 

1. What is AACSB International?
2. What are AACSB Standards?
3. What are AACSB Accreditation Process?
4. Top AACSB Accredited MBA Colleges in India
5. List of AACSB Accredited B-Schools in India - MBAUniverse.com

1. What is AACSB International? 

AACSB full Form is Association to Advance Collegiate Schools of Business. AACSB was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to business schools. AACSB accreditation helps business schools hold themselves accountable for improving business practice through a commitment to strategic management, learner success, thought leadership, and societal impact.

2. What are AACSB Standards?

AACSB sets rigorous standards for business schools to ensure high-quality education, impactful research, and meaningful community engagement. AACSB has continued to revise its business accreditation standards to improve relevancy, maintain currency, and increase value. The current standards were adopted by the AACSB Accreditation Council in July 2020.

AACSB standards are organized into three main categories:

A. Strategic Management and Innovation

• These standards focus on the school's mission, strategic direction, and commitment to continuous improvement.
• Mission, Impact, and Innovation
• Financial Strategies and Allocation of Resources
• Faculty and Professional Staff Resources

B. Learner Success

• These standards emphasize the quality of education, student engagement, and learning outcomes.
• Curriculum Management and Assurance of Learning
• Student Success
• Teaching Effectiveness

C. Thought Leadership, Engagement, and Societal Impact

• These standards focus on research, engagement with the business community, and societal contributions.
• Impact of Scholarship
• Engagement and Societal Impact

3. What are AACSB Accreditation Process? 

The AACSB Accreditation Process is rigorous and involves several key steps:

• Eligibility Application
• Initial Self-Evaluation Report (iSER)
• Mentoring and Development
• Self-Evaluation Report (SER) Submission
• Peer Review Team (PRT) Visit
• Accreditation Decision
• Continuous Improvement Review (CIR)

4. Top AACSB Accredited MBA Colleges in India

Although all B-schools accredited by AACSB internation are good B-schools, the top 10 AACSB Accredited MBA Colleges in India are: 

1. IIM Calcutta
2. IIM Indore
3. IIM Lucknow
4. IIM Udaipur
5. IMT Ghaziabad
6. Indian Institute of Foreign Trade (IIFT)
7. International Management Institute (IMI) New Delhi
8. ISB Hyderabad
9. Management Development Institute (MDI) Gurgaon
10. XLRI Jamshedpur 

5. List of AACSB Accredited B-Schools in India - MBAUniverse.com

The first Indian B-school to be accredited by AACSB International was ISB Hyderabad. This was followed by TAPMI. Today there are twenty-seven (27) AACSB MBA colleges in India in 2025. Check full list of AACSB accredited MBA colleges in India below:

1. Amrita School of Business (ASB) Coimbatore
2. BIMTECH Greater Noida
3. Fortune Institute of International Business (FIIB), New Delhi
4. Goa Institute of Management (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. Indian Institute of Foreign Trade (IIFT)
13. IMI Delhi
14. ISB Hyderabad
15. JAGSoM Bangalore
16. Jaipuria Institute of Management Lucknow, Noida, Jaipur and Indore
17. Jindal Global Business School, O.P. Jindal Global University, Sonipat
18. K J Somaiya Institute of Management Mumbai
19. LM Thapar School of Management, Dera Bassi, Chandigarh
20. Management Development Institute (MDI) Gurgaon
21. Rajagiri Business School Cochin
22. School of Business Management at NMIMS Mumbai
23. SCMHRD Pune
24. SPJIMR Mumbai
25. TAPMI Manipal
26. VIT Business School Vellore
27. XLRI Jamshedpur 

(List in alphabetic order)

In summary, on October 30, 2025, Goa Institute of Management (GIM), Goa; Fortune Institute of International Business (FIIB), New Delhi; and Jindal Global Business School (JGBS), O.P. Jindal Global University, Sonipat have received the prestigious accreditation by AACSB International. In total, there are 27 AACSB Accredited B-schools in India in 2025. AACSB Members include 140 B-schools in India. Founded in 1916, AACSB is the longest-serving and most prestigious global accrediting body for business schools and accredits B-schools that demonstrate quality in teaching, research, curriculum development, and student learning. 

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