India’s newly announced National Education Policy (NEP-2020) creates dynamic shifts in higher education governance and business school autonomy, paving the way for new partnering opportunities, including AACSB International (AACSB) and the Education Promotion Society for India (EPSI). The two organizations are joining forces to enhance the international quality and standing of Indian business schools.
For more than a century, AACSB’s accreditation framework has guided schools in their quest to provide high quality business education. Fourteen schools in India have acheived this mark of distinction, with several more currently seeking accreditation. The collaboration announced today will incorporate core components of AACSB’s accreditation process—including emphases on outcomes in learning and research and positive societal impact—and rely on its strong international network to connect Indian business schools to global partners. Coupled with EPSI’s advocacy work for the autonomy of Indian Higher Education along with their expertise in higher education policy, the collaboration will help shape the future of business education in India.
“We are thrilled to work with EPSI to facilitate the development of high-quality business education in India,” said Geoff Perry, executive vice president and chief officer, Asia Pacific, at AACSB. “India’s commitment to elevate the accessibilty and quality of business education is an excellent complement to AACSB’s vision to transform the world for the benefit of all.”
“Since 2005, EPSI has envisioned to make Indian Management Education world class by making it globalized and future oriented. Partnership between the EPSI and AACSB will open windows of opportunities for the Indian B’schools and leading foreign B’schools to collaborate and work with each other” said Dr. H Chaturvedi, Alternate President, EPSI.
The partnership will initially include two initiatives, with each organization contributing expertise to advance the international quality and competitiveness of Indian business schools.
AACSB and the Education Promotion Society of India (EPSI) have teamed up to to organise joint virtual events, including a deans panel on November 20, 2020, and a virtual conference planned for February 2021. These events are aimed at encouraging the exchange of ideas to promote the competitiveness of Indian business schools globally.
The dean’s panel session on Making Indian Business Schools Globally Competitive offers an opportunity to hear insights from deans leading some of the best schools in India and abroad. Panelists will share their experiences and look ahead to at the competitive forces shaping the industry.
1. Dipak Jain, President (European) and Professor of Marketing, CEIBS
2. Gerry George, Dean, Lee Kong Chian School of Business, Singapore Management University
3. Rishikesha T Krishnan, Director, IIM Bengaluru
4. Ranjan Banerjee, Dean, SPJIMR, Mumbai
Members of the press are invited to participate in this session.
Wednesday, November 20, 2020 , 5:45 pm – 7:30 pm IST
Register here: https://epsiindia.org/registration
Please contact APHQ@aacsb.edu to learn more.
About AACSB International
Established in 1916, AACSB International (AACSB) is the world’s largest business education alliance, connecting educators, learners, and business to create the next generation of great leaders. With a presence in more than 100 countries and territories, AACSB fosters engagement, accelerates innovation, and amplifies impact in business education. Learn how AACSB is transforming business education for a better society at aacsb.edu.
About EPSI, India
Formed by a group of senior educationists, educational entrepreneurs, intellectuals, industry leaders and policy makers in 2005, EPSI has assumed a catalytic role in promoting the growth and quality of education in India. EPSI coordinates between Government and institutional operators, between academia and industry between the student community and beneficiary employers and between national and international bodies committed to the advancement of education.