AICTE stands for All India Council for Technical Education. It is a statutory body for proper planning and co-ordinated development of the technical education system in India that was established in the year 1945. AICTE approves all the institutions that wish to impart business education (as well as other technical courses). It is must for institutions to get accredited from this Council. However, there are numerous institutions that are running without its approval. Students of these students have to face many problems later on as their degrees are not approved. In fact such a council is necessary for maintaining the standard of education in a country like India where technical institutions are having Mushroom growth. So it is must that the quality of education imparted by these institutions is checked and only those institutes are approved that are reliable.
