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MANIPAL: T A Pai Management Institute has been re-accredited for the second time by the global accreditation — AACSB international (The Association to Advance Collegiate Schools of Business). It is one among five other institutions in India and only one in Karnataka to receive this coveted tag.

TAPMI had earned initial accreditation of its postgraduate programmes in April 2012, becoming the first AICTE approved institute to get the accreditation for five years. After a visit in January this year, Peer Review Team, that monitors the continuous improvement, recommended the extension of the accreditation for another five years to TAPMI programmes as the institute had met with the prerequisites.

 TAPMI is in the elite group of institutions to have earned this distinguished hallmark of excellence in management education, less than 5% worldwide and one among the 5 business schools in India, according to Madhu Veeraraghavan, director, TAPMI.

 Madhu said to secure the accreditation, an institution’s business programme must undergo a meticulous internal review and evaluation process. During this period, the school must develop and implement a mission-driven plan to satisfy 15 quality standards relating to faculty qualification, strategic management of resources, interactions of faculty and students, and show commitment to continuous improvement and achievement of learning goals in degree programmes.

 During the review process, TAPMI was visited and evaluated by business school deans from reputed institutions with detailed knowledge of management education, applying the accreditation standards that are widely-accepted in the educational community. The evaluation process involved rigorous assessment of TAPMI’s mission and how its curriculum, structure, systems, processes and people fit together to achieve the mission. "They used what is known as triangulation process that checked the veracity of the school’s claim of following the processes they declared by talking to various stakeholders in formal as well as informal settings," said Madhu.

 AACSB International , founded in 1916, is an association of nearly 1,200 educational institutions, businesses and other organizations spread in 78 countries. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services.