Chandigarh: Punjab-based Aryans Business School (ABS) has become the first B-school in the region to get membership of US-based accreditation body 'Association to Advance Collegiate Schools of Business' (AACSB).

AACSB Vice President and Chief Officer Asia Eileen Peacock granted the membership certificate to ABS at the Singapore-based Asian headquarters of AACSB, ABS chairman Anshu Kataria told the sources.

"With the AACSB membership, Aryans would get a platform to exhibit its talent and leadership globally. On one hand, existing students would get benefit in placements; on the other, it would give us a platform to tap international market. India is becoming a hot choice for education for students around the globe," Kataria said.

He added that world famous Harvard, Wharton, Kellogg and London business schools are accredited member of AACSB. In India, around 15 business schools including S.P. Jain, Xavier Labour Relations Institute (XLRI), Indian Institute of Management, Calcutta (IIM-C) and Indian School of Business, Hyderabad (ISB) are part of the AACSB.

Expressing pleasure on the institute getting its first international membership, Kataria said with tough visa norms and high cost of living, the number of students going to US, Europe, Australia would come down and India would be a preferred destination for education especially for MBA courses.

The ABS is located in Nepra village of Punjab, about 25 km from Chandigarh. IANS