ISB

Indian School of Business (ISB) a private business school in India with campuses at Hyderabad and Mohali is a non profit organization.[citation needed] The school was founded by two senior executives of McKinsey & Company and is governed by a board comprising both Indian and non-Indian businessmen. ISB has been ranked 36th in the world in the 2014 Financial Times Global MBA Rankings. ISB is the first business school in South Asia to be accredited by the Association to Advance Collegiate Schools of Business. However, ISB is not accredited by the Indian statutuory body, the All India Council for Technical Education (AICTE). ISB has chosen not to apply for accreditation by AICTE as it offers neither a diploma nor a degree.