The Chennai-based B-school, Great Lakes Institute of Management, has received the AMBA (Association of MBAs), UK accreditation, for its flagship one-year MBA programme, the PGPM, and for its Executive MBM programme.

Elite company The accreditation has placed the institute among some of the renowned business schools such as INSEAD France, London Business School, HEC Paris and IIM Calcutta, says a press release from the B-school.

The accreditation represents the “highest standard of achievement in postgraduate business education and is earned by top programmes in the world with 210 B-schools across 70 countries accredited,” says the release.

“As the youngest B-school in India to receive the AMBA accreditation, it is a matter of pride and honour,” said Bala V Balachandran, the founding Dean of Great Lakes.

For an AMBA accreditation, the programme should reflect the changing trends in management, an ability to demonstrate high levels of quality across its faculty, with a majority holding a doctorate; these are some of the criteria to be fulfilled.

The accreditation body also looks at significant contribution by the institute in research, consultancy and scholarships.

Indian B-schools Apart from Great Lakes, six other institutes in India are accredited by AMBA. They are IIM Calcutta, IIM Lucknow, IIM Kozhikode, MDI Gurgaon, IMI, Delhi and SPJIMR.

The accredited programmes are reviewed once in five years to ensure that the quality is maintained and continuous improvement is achieved.

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