Step 8: Accreditation
Out of the 1,900-odd B-Schools in the country, just over 1,000 are accredited B-Schools.
Accreditation assures quality education, financial aid opportunities and credit transfer etc. There are higher chances of getting a job in reputed companies if you are a student from an accredited B-School.
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The quality of education in these schools is much better than unaccredited schools. Without accreditation by the national recognized organizations such as AICTE, NAAC, statutory body of the University Grants Commission, the institute is not eligible to participate in government student assistance programmes. You can’t opt for PhD or any research work if the institution is not accredited.
Verify everything before choosing a B-School because it’s your life that's going to be effected in the long run.