The Indian School of Business (ISB) has been accredited by the EFMD Quality Improvement System (EQUIS) and re-accredited by the Association for Advancement of Collegiate Schools of Business (AACSB).

With this, the Hyderabad-based ISB joins the league of just about a hundred select business schools worldwide that have both AACSB and EQUIS accreditations.

AACSB and EFMD are internationally accepted accreditation institutions focused on raising the standards of management education worldwide. ISB was the first B-school in South Asia to get the AACSB accreditation in 2011.

“The accreditations are an endorsement of the calibre of our outstanding faculty, alumni, students and staff, ’’ Rajendra Srivastava, Dean, ISB said in a release issued here on Wednesday.

Both EQUIS and AACSB accredit an institution as a whole after evaluating whether its quality controls meet rigorous international standards. They especially evaluate the institution’s focus on internationalisation and ethics, its connections with the corporate world, and how it balances between academic and managerial relevance.

The key areas of focus for EQUIS incude environment, institutional status, governance, mission, vision, quality assurance and internationalisation.