is it must tht a B-School/Management College/MBA offered colleges require aicte and ugc approval ? how to choose a gud mba college?

I would like to add here that before getting into any Institutes few of the things which you must keep in mind are: First and foremost the recognition of the Institute (the institute must be recognized by UGC or AICTE), the course curriculum and the study material, infrastructure, whether there is f