IIM-Calcutta a step away from global accreditations

Kolkata, January 8: The Indian Institute of Management-Calcutta (IIM-C) is all set to become the country's first business school to be recognized by two of the world's top B-school accreditation bodies -- Europe-based Association of MBAs (AMBA) and the Association to Advance Collegiate Schools of Business (AACSB). An inspection team from AMBA will visit the Joka campus on January 14-15 before giving it a final stamp of approval. The AACSB team is likely to visit the campus in June.

No other IIM enjoys an AACSB accreditation and an additional AMBA certification will make it a "dual crown" for IIM-C. Almost a year ago, the board of governors of the B-school had decided to vie for these accreditations for greater global acceptance of the institute. Thereafter, the two bodies were approached for specifications. Great details about the institute's achievements and regular activities were furnished. The AMBA team is now coming to the campus to cross-check these details and interact with faculty members as well as students.

Right from information on curriculum to new teaching initiatives, quality of faculty and research, steps that have been taken to bring in foreign students, student feedback on teachers, placement records and employer feedback, reams of details were sent to AMBA for the assessment.

Earlier, IIM-Ahmedabad and IIM-Bangalore beat Calcutta and managed to get an accreditation from Equis, another top accreditation agency. However, none has managed to get a double accreditation yet and all eyes of the IIM community are on IIM-C now because it would mean setting a benchmark that other two big IIMs are yet to reach.

"We are extremely excited at the prospect of having four experts on our campus for two days next week. Apart from assessing information that we have furnished, AMBA experts might also give us directions on how to position ourselves as a global institute so that we can attract more foreign students. We will become more acceptable in the global market with these two accreditations," said Anindya Sen, IIM-C dean (academic).IIM-C director Saibal Chattopadhyay added that the institute has a slew of plans for a global positioning and AMBA-AACSB recognition is the first step towards it.

Source: The Times of India

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