Great Lakes Institute of Management awarded AACSB accreditation

NEW DELHI: Great Lakes Institute of Management Chennai has been granted the accreditation from the Association to Advance Collegiate Schools of Business (AACSB).

The institution said the Great Lakes has joined a select group of 10 B-schools in the country to have ‘double crown’ of global accreditations. A business school is said to have a ‘double crown’ status if it has secured any two out of the three international accreditations -- AACSB, AMBA, and EQUIS, the institution added.

Great Lakes Chennai was awarded with accreditation from the UK-based Association of MBAs (AMBA) in 2014. In 2015, it also received international South Asian Quality Systems (SAQS) accreditation and in 2017, its two-year PGDM program was accredited by National Board of Accreditation (NBA).

Founded in 1916, AACSB is the longest-serving global accrediting body for business schools and is the world’s largest business education alliance, connecting educators, learners, and business.

Great Lakes Institute of Management dean Suresh Ramanathan said “The AACSB accreditation is a recognition of the high standards that we have set over the years in delivering rigorous, innovative and industry relevant content in the classroom and preparing world-class future ready business talent. The AACSB accreditation further reinforces our commitment to achieving world-class standards of scholarship and pedagogy with the aim of having a lasting impact on business as well as society."

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Congratulating the management, Great Lakes Institute of Management chairman Mohan Lakhamraju said “The AACSB accreditation is a further testament to our commitment of offering global quality education in India and further re-affirms our motto of ‘Global Mindset-Indian Roots. It is the result of continuous efforts of our fantastic team as well as constant support from our industry partners, students and alumni.”

Great Lakes Institute of Management Chennai was founded in 2004 by Bala V Balachandran. It has more than 50 full time faculty and over 150 visiting faculty from B-schools of Yale University, Stanford University and Harvard University.