How Important is the AICTE approval

Good institutes like ICFAI and IIPM don't have aicte approval. But both have good campus/placement and etc So how valuable is getting the aicte approval. If it is that imp why don't these top notch b schools are not going for it.

First, no one considers

First, no one considers ICFAI or IIPM as good institutes. ICAFI H is ok but other centers like in kolkata & etc are just like other mohalla 4th grade colleges. And about IIPM – I don’t think it deserve to be said as BAD – it’s not a bschool AICTE approval may not be that important. But there are not many institutes in India, which can be rated as a top w/o aicte aprroval. AICTE has few parameters on the basis of which they give the approval and most of these institutes fall far below the yardstick.