The Association of MBAs’ accreditation panel attended the school in November 2006 and recognized IIB’s MBA program as those that fully meet or even exceed the quality criteria set by the Association regarding MBA programs. The accreditation panel pointed out a number of advantages and positive features of MBA programs offered at IIB, particularly well developed reputation at the Ukrainian market; efficient response to market demand in high quality business education services; exceptional quality of the teaching team as well as administrative support team; very high quality of MBA students and graduates; credible, while challenging, strategy; coherent structure of governance; dynamic leadership; and high level of concerns regarding students’ expectations.
The Association of MBAs (Association of MBAs, www.mbaworld.com) is a leading MBA accreditation body in the world. Its mission is to be the advocate for the MBA in the world and to promote high quality standards of MBA programs. Accreditation endorsed by the Association of MBAs is globally recognized alongside with accreditation of AACSB and EQUIS. For instance, only schools accredited by AMBA, AACSB and EQUIS are entitled to participate in the Financial Times’ rating of business schools.
With the accreditation of the Association of MBAs the International Institute of Business has become a member of the community of the leading business schools accredited by AMBA such as IMD, INSEAD, London Business School, Rotterdan School of Management, Ashridge Business School, SDA Bocconi, City University Cass Business School etc. Moreover, MBA degree awarded by the International Institute of Business has become internationally recognized while MBA graduates of IIB have joined worldwide contact network of business leaders.