November 17, 2021
GURUGRAM: Management Development Institute (MDI), Gurgaon, has received accreditation from AACSB International, the world’s largest business education alliance. Founded in 1916, AACSB is the longest-serving global accrediting body for business schools.
“We are delighted and honoured to receive this accreditation,” Prof. (Dr.) Rajesh Chakrabarti, Director, MDI Gurgaon, said. “It is the culmination of a long journey and hard work of everyone at MDI led by the accreditation team that helped us transform our internal systems and processes. We heartily embrace the AACSB motto of ‘continuous improvement’ and look forward to playing an active role in the AACSB community and reaching greater heights going forward.”
Established in 1972, MDI Gurgaon is consistently ranked among the top B-schools in India. The Institute is located in the heart of Gurugram, a corporate hub of India.
Synonymous with the highest standards of quality, AACSB accreditation inspires new ways of thinking within business education globally. As a result, less than 6 percent of the world's schools offering business degree programmes hold AACSB business accreditation.
Through ratification of the accreditation for MDI Gurgaon, a total of 890 institutions across 58 countries and territories have earned AACSB accreditation in business. Furthermore, 189 institutions maintain supplemental AACSB accreditation for their accounting programmes.
“AACSB accreditation recognises institutions that have demonstrated a focus on excellence in all areas, including teaching, research, curriculum development, and student learning,” said Stephanie M. Bryant, Executive Vice President and Chief Accreditation Officer of AACSB. “We congratulate Management Development Institute Gurgaon and Director Prof. (Dr.) Rajesh Chakrabarti on earning accreditation and applaud the entire Management Development Institute Gurgaon team – including the administration, faculty, staff, and students – for their roles in earning this respected honour.”
AACSB accreditation ensures continuous improvement and provides focus for schools to deliver on their mission, innovate, and drive impact. AACSB-accredited schools have successfully undergone a rigorous review process conducted by their peers in the business education community, ensuring that they have the resources, credentials, and commitment needed to provide students with a first-rate, future-focused business education.
"Management Development Institute Gurgaon’s commitment to earning accreditation is a true reflection of their dedication – not only to their students, alumni network, and greater business community, but to the higher education industry as a whole,” said Bryant. “Today’s students are tomorrow’s business leaders, and the addition of Management Development Institute Gurgaon to the network of AACSB-accredited business schools will have a lasting positive impact for their institution, both locally and globally.”