There are a number of accreditation agencies operating from different parts of the world accrediting business education. The list of first five which we closely track signifies the best in their class! We also follow the regional accreditor South Asian Quality System (SAQS)
The nearly 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 and EPAS
ABET-Accreditation Board for Engineering and Technology is the leading accreditation provider of the world with over 3,700 programs at more than 750 colleges and universities in 30 countries have received ABET accreditation. Today, 35 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 London based Association of MBAs AMBA is one of the fastest growing international accreditation agencies with significant presence in India
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, 1,037 have achieved accreditation and more than 150 are in candidacy for accreditation. Individual members on these campuses now exceed 12,000.
The Kansas based relatively newer accreditation agency, International Assembly for Collegiate Business Education IACBE is emerging a big player in the South Asian region
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.
The Hyderabad based South Asian Quality System SAQS focusing on South Asian countries is emerging as a strong player in the region
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
For more details on the accreditation agencies please click the links given
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.