NMIMS University Paves the Road for Global Accreditation for B-Schools in India

As an unique endeavour to bring all management schools on the same platform, Mumbai based SVKM's NMIMS University in association with Association of Indian Management Schools is organising a two-day International Workshop on Accreditation on the 3rd and 4th of March 2008, at the Taj Lands End, Mumbai. The workshop will feature international speakers from leading accreditation agencies such as AACSB, AMBA, SAQS and EQUIS, and also from national accreditation agencies such as the NAAC and NBA.

Mumbai, Maharashtra, February 22, 2008 /India PRwire/ -- As an unique endeavour to bring all management schools on the same platform, Mumbai based SVKM’s NMIMS University in association with All India Management Schools is organising a two-day International Workshop on Accreditation on the 3rd and 4th of March 2008, at the Taj Lands End, Mumbai. The workshop will feature international speakers from leading accreditation agencies such as AACSB, AMBA, SAQS and EQUIS, and also from national accreditation agencies such as the NAAC and NBA.

With over 1500 b-schools in the country, each school tries to create strong competitive differences to attract the best of talents in students, faculty and corporate. Accreditation is one such benchmarking measure that has helped several schools in competing on a level playing field. National accreditation agencies such as National Board of Accreditation (NBA) of the AICTE and the National Accreditation and Assessment Council (NAAC) of the University Grants Commission have been trying to assess schools on parameters such as curriculum, teaching, research and consultancy, infrastructure, student progress, governance and innovation.

Besides the national accreditation bodies, global accreditation is a new buzzword among management schools today. In addition to providing a stamp of approval on an institution’s systems and processes, it also provides mobility for students and teachers in a global international arena. To be considered in an international forum, global accreditation is today becoming a much required benchmark.

AACSB pioneered the B-school accreditation process way back in 1916, with ACBSP following suit in 1988. IACBE, an offshoot of AACSB, is the latest entrant founded in 1996. EQUIS, the European Quality Improvement System managed by EFMD and AMBA all started around the mid 1990’s. In India, management schools are vying for global accreditations with several schools already having finished the initial stages of applications.

The International Workshop on Accreditation will be inaugurated on 3rd March by Dr. Bhalchandra Mungekar, Member- Planning Commission and the Guest of Honour will be Prof. Sukhdev Thorat, Chairman-University Grants Commission. The two days are slated for discussions and debates on accreditation by international and national speakers and also the sharing of experiences of accreditation by deans and directors of leading B-schools such as ISB, MDI, ICFAI, IMT and SIESCOM. The concluding session of the workshop is a high-density one-one interaction of the participants with the accreditation agencies.

The workshop is especially beneficial for deans, directors and faculty members of various B-schools wanting to go for accreditation as also corporate looking at entering into management education.

* Workshop Schedule and list of Speakers attached

*Abbreviation used-

  • AACSB- The Asso. Of Advance Collegiate Schools of Business
  • AIMS- Association of Indian Management Schools
  • ACBSP – Asso. Of Collegiate Business Schools & Programmes
  • AMBA – Asso. Of MBA
  • EQUIS – European Quality Improvement System
  • IACBE- International Assembly for Collegiate Business Education IACBE
  • EFMD - European Foundation for Management Development
  • SAQS- South Asian Quality Assurance System

Notes to Editor

About SVKM’s NMIMS University

Established in 1981, as a Management Institute, NMIMS has now transformed itself into a University, with 8 Schools, over 150 full-time faculty members, 42000 books and over 2500 students enrolling every year, transforming from an Institute of single management faculty to a University with many faculty areas. The University is also transforming from a Teaching Institute to Research-Consultancy-Training & Teaching Institute.

NMIMS has taken many new academic initiatives under various Schools like

  • School of business Management
  • Mukesh Patel School of technology Management & Engineering
  • School of Pharmacy & Technology Management
  • Balwant Sheth School of Architecture
  • School of Commerce
  • School of Science
  • School of Distance Learning
  • Institute of Intellectual Property Studies

Number of innovative Graduate, Post Graduate and Doctorate level programs, meeting the Industry/Business requirement under each school.

Achievements:

  • Golden Pecock Award for innovation 2006 & 2007
  • BMA Best Management Institute of the Year Award 2004-05 & 2006-07
  • BMA Best teacher of Management of the Year Award 2004-05 & 2005-06
  • Dr. J J Irani Award for Best Management Institute 2005
  • Gurukuljyoti Award for Excellence in Education 2006
  • The National Assessment and Accreditation Council (NAAC) has accredited an ‘A’ grade with a score between 85-90%.
  • Ranked amongst top 10 B-School in Business Today- Nielsen Best B-School Survey 2007 and Outlook-C fore Best B-School Survey 2007
  • Ranked amongst Super League B-School in AIMA-Indian Management Best B-School Survey 2007.

NMIMS also be launching Off-Campus Centres at Shirpur, Hyderabad, Bangluru soon.

For further details please visit www.nmims.edu

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