IIM Sambalpur Advances Towards AACSB Accreditation to Join Elite Global B-School League

 

IIM Sambalpur Advances Towards AACSB Accreditation to Join Elite Global B-School League

 IIM Sambalpur, one of the premier management institutions, made a milestone move towards achieving global education quality standards, starting with a series of strategic interactions with key stakeholders for AACSB (Association to Advance Collegiate Schools of Business) accreditation. This first-ever visit by AACSB officials to the campus underscores the institute’s strategic commitment to achieve high international standards in business and management education.

The institute has hosted Prof. Teguh Dartanto (Universitas Indonesia), IIM Sambalpur's designated AACSB Mentor, on its New Delhi and Sambalpur campuses. Prof. Teguh's visit commenced with a series of rigorous meetings at the Delhi campus from 27 th to 29 th July while 30 th and 31 st July, at the Sambalpur campus. During which, he engaged with major institutional stakeholders such as institute lead, i.e., Director; students; alumni; and corporate recruiters.

These interactions are expected to play a crucial role in understanding and achieving AACSBs quality standards in business education. During this visit at the Delhi and Sambalpur campus, Prof. Teguh made an in-depth academic assessment and intensified the roadmap for the Initial Self-Evaluation Report (iSER) for IIM Sambalpur.

In a historic step, IIM Sambalpur was also pleased to host Prathap Das, Regional Head – South Asia, AACSB, at its Delhi campus, on 28 th of July. As part of the visit, Prathap Das formally handed over the AACSB Membership Certificate to Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, in a ceremonial handover that marks the formal launching of IIM Sambalpur's global accreditation process. The ceremony reflects IIM Sambalpur's determination to adhere to globally benchmarked levels in management education and research. Delivering the valedictory address, Prof. Mahadeo Jaiswal said, "IIM Sambalpur is committed towards excellence with global standard in its education program and is aggressively moving towards AACSB, which is a global top accreditation in management education. We welcome Prof. Teguh, from Indonesian University as our mentor in the AACSB journey, are really committed towards achieving all global accreditation standards."

In the course of the agenda, detailed discussions with administrative representatives, faculty leaders, and accreditation teams were conducted on essential AACSB standards. Strategic goals, faculty qualifications, learner success measures, research influence, learning assurance, and the mission-driven approach of the institution to social relevance were deliberated upon.

While taking a tour of the campus, Prof. Teguh praised the ultramodern Sambalpur campus, Institute state-of-the-art learning methodology, smart classrooms, technology-enabled learning infrastructure, modern digital library, and unique initiatives to empower local artisans from Odisha such as Master Weaver training program” praising IIM Sambalpur’s overall efforts to promote grassroots entrepreneurship.

Prof. Teguh, Universitas Indonesia, said, "I am impressed by IIM Sambalpur’s steady progress and strong commitment to continuous improvement. As a new-generation IIM, they bring unique strengths, most notably their innovative integration of Artificial Intelligence into teaching and learning. This reflects a bold and forward-looking academic vision. I have offered a few general suggestions, such as ensuring that all stakeholders remain engaged in the AACSB journey. With their clarity of purpose and collaborative spirit, I am confident IIM Sambalpur is on the right path and will soon achieve AACSB accreditation

About IIM Sambalpur:

IIM Sambalpur is one of the premier management institutions in the country and is widely known for its quality education. Spread over approximately 200 acres of land, the breathtaking and spectacular permanent campus of IIM Sambalpur was inaugurated by the Hon'ble Prime Minister of India, Shri Narendra Modi, on 3rd February 2024. The Prime Minister also laid the foundation stone on 2nd January 2021, via video conferencing. Furthermore, the Union Education Minister, Shri Dharmendra Pradhan, recently inaugurated the Incubation Centre, I-Hub Foundation, to promote startups and the ;Rangavati Centre of Excellence in Cultural and Sustainable Management;. It also has tie-ups with Flipkart, Amazon, and SIDBI to support, promote and connect regional weavers with global platforms. Equipped with sustainable practices and modernized facilities, the campus values its regional art by mapping the traditional IKAT, patterned textile-dyeing technique onto the brick façade. The institute is also leading a visionary project to make Sambalpur the first sustainable city in India. The institute is committed to providing excellent management education, harbouring a sense of entrepreneurship, and developing socially responsible leaders. IIM Sambalpur is known for its two-year flagship MBA Programme, and admissions are held via CAT. It also offers an MBA for working professionals at the Delhi Centre at ISID, Vasant Kunj, providing options for a dual-degree Programme in partnership with French universities. Furthermore, in addition to the Executive MBA Programme, the premier institute offers a PhD, Executive PhD, Bachlores Programme in Data Science & AI and Management & Public Policy, and Management Development Programme (MDP). IIM Sambalpur has played a torchbearer role for other IIMs in terms of gender-diverse classrooms. To further enhance classroom engagement, the institute has integrated an AI- powered platform in collaboration with Breakout Learning Inc. to moderate and evaluate small group discussions as part of its MBA pedagogy. IIM Sambalpur cut-off is 92 percentile. IIM Sambalpur's MBA fee is INR 13.04 Lakh, whereas IIM Sambalpur's average package stood at INR 16.64 LPA and IIM Sambalpur's highest package stood at INR 64.61 LPA for the 2023 batch.

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