Last Updated on May 4, 2026
MBAUniverse.com News Desk
In a landmark development showcasing the rise of Indian B-schools on the global stage, in April, 2026, three B-schools were awarded the prestigious accreditation by AACSB International. IIM Shillong, LBSIM Delhi and Great Lakes Gurgaon have joined the elite list of 30 AACSB Accredited B-schools in India. Celebrating the achievements, Prof. Praveen Gupta, Director, LBSIM said, “AACSB accreditation is a significant milestone in the journey of LBSIM.” AACSB Accreditation MBA Colleges in India in 2026 also include many IIMs, ISB, XLRI, MDI and SPJIMR. AACSB Members in India include about 150 B-schools who are at various stages of accreditation process. Read complete list of AACSB Accredited MBA Colleges In India in this exclusive MBAUniverse.com article.
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?
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
B. Learner Success
C. Thought Leadership, Engagement, and Societal Impact
3. What are AACSB Accreditation Process?
The AACSB Accreditation Process is rigorous and involves several key steps:
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:
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 thirty (30) AACSB MBA colleges in India in 2026. Check full list of AACSB accredited MBA colleges in India below:
(List in alphabetic order)
In summary, in April 2026, three B-schools were awarded the prestigious accreditation by AACSB International. IIM Shillong, LBSIM Delhi and Great Lakes Gurgaon have joined the elite list of 30 AACSB Accredited B-schools in India. AACSB Accreditation MBA Colleges in India in 2026 also include IIMs, ISB, XLRI, MDI and SPJIMR. 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.
Stay tuned to MBAUniverse.com for more updates.