To boost the international quality and standing of Indian business schools, the Education Promotion Society of India (EPSI) and the Association to Advance Collegiate Schools of Business (AACSB) are collaborating to internationalize business schools and shape the future of business education in India. The two would inculcate the core components of AACSB’s accreditation process highlighting the outcomes in learning, research and positive societal impact, relying on its strong international connections to connect Indian business schools to global partners, followed by and coupled with EPSI’s advocacy work for the autonomy of Indian higher education along with their expertise in higher education policy.
IMPORTANT ASPECTS TO FOCUS ON:
The two bodies have recently conducted a dean’s panel discussion on “Making Indian Business Schools Globally Competitive” and have planned for a virtual conference in February 2021, in order to attain the objective of collaborating.
The focus of the discussion was on the dynamic shifts taking place in higher education governance and business school autonomy due to the newly announced National Education Policy (NEP- 2020). The discussion also revealed the upcoming challenges while internationalizing the Indian institutions including a large number of schools that are far away categorically in terms of its poor resources, governance, and lack of autonomy, leadership, global positioning and competitiveness.
Geoff Perry, executive vice president and chief officer, Asia Pacific, AACSB highly expresses a profound joy in having to work with EPSI in facilitating the development of high- quality business education and its accessibility in India thereby fulfilling AACSB’s vision to transform the world into a better place for all.
The relationship between the two bodies will surely open windows of opportunities for the expansion of Indian B-schools and leading foreign B-schools to conjointly work with each other and achieve the objective.
Author : Tunisha Banerjee