 Association of MBAs | |
| Abbreviation | AMBA |
|---|---|
| Formation | 1967 |
| Purpose | Business school accreditation and membership |
| Headquarters | London, United Kingdom |
Region served | Global |
Members |
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Key people |
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| Website | associationofmbas.com |
The Association of MBAs (AMBA) is a global organisation headquartered in London, UK. It was founded in 1967 with the primary objective of accrediting Master of Business Administration (MBA) programs.
Based in London, AMBA is one of the three main global accreditation bodies in business education (see triple accreditation) and styles itself as the world's impartial authority on postgraduate management education. It differs from AACSB in the US and EQUIS in Brussels as it accredits a school's portfolio of postgraduate management programmes but does not accredit undergraduate programmes. AMBA accredits approximately 2% of the world's business schools, [1] and is the most international of the three organisations having accredited schools headquartered in 54 countries, compared with the 52 for AACSB [2] and 38 for EQUIS. [3]
Business schools can become associated with AMBA by applying for accreditation or by applying to be part of the AMBA Development Network.[ citation needed ]
All MBA students and alumni of the 277 accredited member schools receive free life-long individual AMBA membership. AMBA also accredits generalist BBA programmes, MBA programmes and DBA programmes, and admits as members students and graduates thereof.[ citation needed ]
AMBA's long-serving president until 2017 was the late Sir Paul Judge, the founding benefactor of Cambridge Judge Business School in Cambridge, UK. [4] AMBA's current Chief Executive is Andrew Main Wilson, [5] who joined the organisation from the Institute of Directors in 2013. Bodo Schlegelmilch was elected Chairman of the AMBA Board of Trustees in 2018. [6]
The Association of MBAs was founded in 1967 as an MBA alumni club by eight UK graduates from Harvard Business School, Wharton, Stanford and Columbia, and two graduates from the first intake of London Business School. The founders saw a lack of awareness in Europe of the value of the MBA degree, which at that time was primarily an American qualification. They decided to form a lobby and membership group to promote the benefits of postgraduate business education, under the name of Business Graduates Association (BGA). [7] The organisation's development helped shape the growth of management education in Europe and the UK and coincided with the setting up and growth of London Business School and Manchester Business School in Britain.[ citation needed ]
The Association's first Director General was Vice-Admiral David Clutterbuck who assumed this position in 1969. [8] In 1983 BGA began to accredit the growing number of MBA programmes, while preserving its functions as a membership organization. BGA was renamed Association of MBAs in 1987. [9] Until 2017, AMBA's president was the late Sir Paul Judge, who helped establish Cambridge Judge Business School at Cambridge University in the early 1990s.[ citation needed ]
The Association of MBAs accredits MBA, MBM and DBA degree programmes. When a school applies for accreditation for its MBA programmes, AMBA requires that the entire portfolio of MBA programmes be put up for consideration and will award accreditation only if all programmes meet its criteria (though the school pays the same fee regardless of the number of programmes being reviewed).
The Association's process of accrediting a school's MBA programmes portfolio includes reviewing compliance AMBA's criteria, most of them qualitative rather than quantitative. The criteria fall into seven dimensions: history and development of the institution; facilities and libraries; teaching faculty, teaching standards and research track record; programme administration, career and alumni services; student admission standards, diversity and cohort size; curriculum content, programme mode and duration; and learning outcomes.
Some of the key AMBA criteria for the accreditation of an MBA programme include:
AMBA holds three annual conferences for business school deans and directors: [10] a Global Conference, an Asia Pacific Conference, and a Latin America Conference. Participation is open to both accredited and non-accredited schools. AMBA also hosts an annual Gala Dinner in London, which is open only to accredited schools.[ citation needed ]
AMBA organises two annual global forums with the purpose of development and training for specific functions within AMBA-accredited business schools such as accreditation managers; programme managers; marketing, admissions, alumni and development staff.[ citation needed ]
AMBA also organises webinars, lectures and networking events on a regular basis catering to MBA alumni, current MBA students, prospective MBA students and business school admissions departments. These on-campus events are held at accredited business schools and often feature distinguished speakers and practitioners in fields such as leadership, entrepreneurship and innovation.[ citation needed ]
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A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, college of business, or colloquially b-school or biz school. A business school offers comprehensive education in various disciplines related to the world of business.
The Strathclyde Business School (SBS) is one of four faculties forming the University of Strathclyde in Glasgow, Scotland. Founded in 1973, but tracing its history back to the establishment of the Royal College of Science and Technology's Department of Industrial Administration in 1947, the school is located on Cathedral Street within the John Anderson campus of the university. It offers courses for business education and management development.
The EFMD Quality Improvement System (EQUIS) is a business school accreditation organization based in Brussels, Belgium. It provides accreditation for higher education institutions of management and business administration and is run by the European Foundation for Management Development. It is considered as one of the triple accreditation.
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Indian Institute of Management Indore is an autonomous public business school located in Indore, Madhya Pradesh in India. Founded in 1996, IIM Indore is the sixth institute in the Indian Institute of Management (IIM) system and was named as an institute of national importance in 2017 along with the other IIMs.
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SDA Bocconi School of Management was founded in 1971 and is the graduate business school of Bocconi University in Milan, Italy. SDA Bocconi is triple accredited by the AACSB, EQUIS, and the AMBA. SDA Bocconi offers various MBA programs, specialized master’s degrees, as well as executive education, professional development, and professional certification programs. The business school also regularly engages in commissioned research projects. SDA Bocconi School of Management, in addition to its main campus in Milan, Italy maintains a presence in Mumbai, India called the SDA Bocconi Asia Center.
Rennes School of Business formerly École Supérieure de Commerce de Rennes is a French business school located in Rennes, the capital of Brittany, founded in 1990 by the Chamber of Commerce and Industry of Rennes. ESC Rennes is a Grande École, a term to refer to business schools with government recognition in France.
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Aston Business School (ABS), part of Aston University in Birmingham, England, is an international business school.
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The Graduate School of Management is the business school of Saint Petersburg State University. GSOM offers undergraduate, graduate, and postgraduate programs taught in English and Russian. It is consistently ranked among the top business schools in Europe. GSOM's Master in Management degree is the only MiM program in Russia ranked by the Financial Times and The Economist.
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IÉSEG School of Management is a French grande école, private and graduate business school, established in 1964 in Lille, France. IÉSEG School of Management is a member of the private Université Catholique de Lille consortium, the largest private university in France in terms of student population and endowment. The school has two campuses, one in Lille and one in Paris. IÉSEG holds the "Triple Crown" of international business school accreditations: EQUIS, AACSB, and AMBA.
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University of Stellenbosch Business School (USB) is the business school of the University of Stellenbosch in Bellville, Western Cape, South Africa.
