ISB is not accredited by the All India Council of Technical Education (AICTE),[REF] a statutory government body which accredits specific under-graduate and post-graduate programs.
However, because ISB PGP is not recognized as MBA or Post Graduate Degree/Diploma by AICTE unlike the PGDM offered by the IIMs, authorities outside India do not recognize ISB PGP as an equivalent of MBA and hence do not consider the same as Advanced degree.