AACSB accreditation is known, worldwide, as the longest-standing, most recognized form of specialized accreditation that an institution and its business programs can earn. Accreditation is a voluntary, nongovernmental process that includes a rigorous external review of a school's mission, faculty qualifications, curricula, and ability to provide the highest-quality programs. AACSB is dedicated to the highest standards in business education and to delivering the utmost value to our membership. Achieving ISO 9001:2015 demonstrates AACSB’s commitment to delivering innovative, high-quality, customer-focused accreditation services globally, and that AACSB's internal accreditation processes adhere to a universal, globalized business standard.
The Indian Institute of Foreign Trade was granted the prestigious AACSB Accreditation on 17th November, 2021. With this the IIFT figures amongst the top 900+ Business Schools of the world which have earned this accreditation. The AACSB Accreditation is a quality assurance system comprising of 9 parameters where the member institute has to demonstrate continuous improvement over 3-4 years as described in AACSB guidelines. For IIFT the journey began in 2016 and the third report was submitted in 2020 but the visit of Peer-Review team was postponed by one year due to global pandemic.