AACSB International (AACSB) announces that Indian Institute of Management Lucknow (IIML) has earned accreditation. Founded in 1916, AACSB is the longest-serving global accrediting body for business schools, and the largest business education network connecting students, educators, and businesses worldwide.
“AACSB accreditation recognizes institutions that have demonstrated a focus on excellence in all areas, including teaching, research, curriculum development, and student learning,” said Stephanie M. Bryant, executive vice president and chief accreditation officer of AACSB. “We congratulate Indian Institute of Management Lucknow and Professor Archana Shukla on earning accreditation, and applaud the entire IIML team—including the administration, faculty, staff, and students—for their roles in earning this respected honor.”
Synonymous with the highest standards of quality, AACSB accreditation inspires new ways of thinking within business education globally and, as a result, has been earned by only 5 percent of the world’s schools offering business degrees at the bachelor’s level or higher. Today, 874 institutions across 56 countries and territories maintain AACSB accreditation. Furthermore, 190 institutions maintain supplemental AACSB accreditation for their accounting programs.
“We are delighted and proud to receive the prestigious accreditation from AACSB, recognizing us amongst global premiere institutions,” said Professor Archana Shukla, director of the Indian Institute of Management Lucknow. “It enhances IIM Lucknow’s commitment to remain a leading business school providing socially conscious and globally relevant thought leadership. We take this opportunity to acknowledge the insightful feedback provided by the AACSB peer review team. This accreditation further reinforces our commitment towards sustaining the quality and rigour in all our activities. I am confident that AACSB accreditation will strengthen our international linkages and provide newer collaborative opportunities.”
AACSB accreditation provides a framework of 15 international standards against which business schools around the world assess the quality of their educational services. These standards ensure continuous improvement and provide focus for schools to deliver on their mission, innovate, and drive impact. AACSB-accredited schools have successfully undergone a rigorous review process conducted by their peers in the business education community, ensuring that they have the resources, credentials, and commitment needed to provide students with a first-rate, future-focused business education.
“Indian Institute of Management Lucknow’s commitment to earning accreditation is a true reflection of their dedication—not only to their students, alumni network, and greater business community, but to the higher education industry as a whole,” said Bryant. “Today’s students are tomorrow’s business leaders, and the addition of IIML to the network of AACSB-accredited business schools will have a lasting positive impact for their institution, both locally and globally.”
AACSB also announced that the Business School of Central University of Finance and Economics; East China University of Science and Technology; Huazhong University of Science and Technology; ICFAI Business School, Hyderabad; INALDE Business School; Paris School of Business; Symbiosis International University-Symbiosis Centre for Management and Human Resource Development; SILC Business School, Shanghai University; Universidade do Vale do Rio dos Sinos – UNISINOS; and Waseda Business School, Waseda University have earned accreditation in business. The School of Management at Xiamen University has earned accreditation in business and accounting.