An MBA degree from one of the leading Indian business schools is regarded as the gateway to a brilliant career in India. Students often look up to names like Indra Nooyi, chairman and CEO of Pepsico, and Arun Sarin, ex-CEO of Vodafone Group, two MBA achievers that have their roots in India. However, this obvious “golden ticket” as many people refer to the degree, does not mean just any MBA from any Indian business school. Due to the high student demand many unknown business schools have opened their doors. They have never sought any form of accreditation and they do often lack basic educational standards! According to the All India Council for Technical Education (AICTE) out of the approximate 2,000 business schools that are operating in India, only 1,600 have some sort of accreditation. Choosing the right business school is the pathway to success in India as elsewhere!

The success stories stem mainly from a few well known and highly regarded business schools. Among them are the Indian Institutes of Management (IIM) and the Indian School of Business (ISB). Due to the rapid growth in India graduates have a good chance of getting top jobs even though they might still lack practical business experience. And another recent change plays into their hands. Since the introduction of the Foreign Universities Bill by the Indian government, the number of foreign business schools offering their programs in India is increasing. This helps students to gain international management knowledge.