To be considered World Class, Business Schools need to establish and nurture a mutually beneficial relationship between the Institution and its Alumni. Alumni play an important role in ensuring that the Institute is meeting and exceeding the needs of Industry and also ensuring the growth and development of the Institute.
Every alumni association is the main source of contributions to education.
They are also the source of necessary information about the requirements of the profession that should be taken into consideration by the Institute in order to update the quality of education to the current requirements of the society and to prepare good specialists.
Broad alumni participation helps establish a culture of philanthropy that is vital to the success and sustainability of the institution.
Alumni participation is often viewed as a barometer of alumni satisfaction.