There are a number of accreditation agencies operating from different parts of the world accrediting business education. We have been closely tracking most of these top rated accreditation agencies with the criteria of listing only agencies that are validated by external evaluators. For example, the AACSB, ACBSP and IACBE were vetted by Council for Higher Education Accreditation (CHEA) in USA and the AMBA, BGA, BAC etc., being vetted independent European Quality Register and the Quality Accreditation Agency (QAA). The only exception is the India based accreditor South Asian Quality System (SAQS) which we track.
ABET-Accreditation Board for Engineering and Technology is the leading accreditation provider of the world with over 4144 programs at more than 812 colleges and universities in 32 countries have received ABET accreditation. Today, 36 member societies provide experts and set the standards for the ABET accreditation process.
With over 4000 campuses, engineering education is ripe for international accreditation in India as the technology education is looking to assimilate best benchmarked quality of global technology universities.
The more than a century old pioneering accreditation agency, AACSB International based in Tampa, Florida is considered as a Gold Standard for accreditation.
The Brussels based European "Federation for Management Development (EFMD) administers European Quality Systems EQUIS. The Federation also offers BSIS, EDAF and EOCCS.
The London based Association of MBAs AMBA is one of the fastest growing international accreditation agencies with significant presence in India.
Business Graduates Association is the latest service of AMBA with an institutional accreditation focus. The institutions undergoing the BGA process could also opt for AMBA-BGA accreditation process which is a new variation of the AMBA offer.
Accreditation Council for Business Schools & Programs (ACBSP), ACBSP currently has 1,297 member campuses, 221 of which are located outside of the U.S. Of those campuses, 952 have achieved accreditation and more than 150 are in candidacy for accreditation. Individual members on these campuses now exceed 12,000.
Not every school would ready for accreditation, even though most would like to avail of the rigorous standards and processes set by the agencies. What if the elements of accreditation is combined with learning to inch towards global quality regime?
Also networking is one of significant fall out of accreditation process which of course need to be maintained to derive maximum benefit for the school. Agencies have set up their own platforms to enable schools to network and learn from the accreditation process.
AACSB Exchange is a meeting place for schools and it is also a sort of alumni networking platform for AACSB schools and even faculty from schools who attend AACSB events
The Kansas based relatively newer accreditation agency, International Assembly for Collegiate Business Education IACBE is emerging a big player in the South Asian region
The Hyderabad based South Asian Quality System SAQS focusing on South Asian countries is emerging as a strong player in the region
For more details on the accreditation agencies please click the links given
We have been tracking over 2000 business schools accredited by all the five accreditation agencies including the AACSB, EFMD, AMBA, ACBSP and IACBE. The free to use database is used extensively worldwide by business schools.
EFMD's corporate learning improvement process CLIP is a networking platform for working executives
AMBA has recently created a networking platform for its member schools whether or not they take up the accreditation process.
More accreditation agencies permitted to join the International Accreditation agencies listing
The United States is divided into six accreditation regions: New England, Middle States, North Central, Southern, Western and Northwest. Seven accrediting commissions operate in these regions. All regional accrediting commissions are institutional accreditation bodies. They have been recently permitted to undertake international accreditation like the three accreditation bodies, AACSB, ACBSP and IACBE.
In India already WASC representing the Western region is active working with prominent B-schools like the Amity Business School Noida.