 "IIM Calcutta bags AMBA accreditation")
With the accreditation, IIM-C joins the list of global B-schools accredited by AMBA that includes the likes of ESCP Europe Business School, Ashridge Business School (Hertfordshire, United Kingdom), Reims Management School (Reims, France), Mannheim Business School (Manheim, Germany), Imperial College Business School (London, United Kingdom), Leeds University Business School (London, United Kingdom), Nottingham University Business School (Nottingham, United Kingdom).
Since its inception in 1967, Association of MBAs (AMBA) has accredited MBA, DBA and MBM programmes at over 200 B-schools in more than 70 different countries.
"We are indeed happy to receive this recognition. It reaffirms our commitment to academic excellence, and marks a significant step towards our journey to be regarded as a global leader in management education," said Saibal Chattopadhyay, director of IIM Calcutta commenting on the accreditation in an official communique.
According to Andrew Main Wilson, chief executive at AMBA, the association accredits just one per cent of the world's MBA offering B-schools.
"We are both pleased and proud to confirm the receipt of IIM Calcutta's AMBA accreditation. AMBA accredits just 1% of the world's MBA business schools and IIM Calcutta's initial 5-year accreditation reflects the quality of their MBA programmes, faculty and students. India is one of the world's largest business education market and IIM Calcutta is one of its very finest business schools," said Wilson.
Some of IIM-C's notable alumni include Ravindra Dhariwal - CEO of Bennett Coleman and Co Ltd; T. V. Narendran - MD Tata Steel, Gopal Vittal - CEO of Bharti Airtel (India), Ravi Dhar- George Rogers Clark Professor of Management and Marketing and Director of the Center for Customer Insights at the Yale School of Management, Ramachandra Guha- noted historian of modern India; Indra Nooyi-Chairperson and CEO, PepsiCo.