Empowering Business Schools to Deliver Positive Impact

MBA Blog / 28th November 2018

AACSB International (AACSB) announced today that the Business School at Hankuk University of Foreign Studies, ESCA Ecole de Management, Indian Institute of Management Udaipur, International Centre for Education in Islamic Finance (INCEIF), Jyväskylä University School of Business and Economics, Macquarie University, National Chung Hsing University, S.P. Jain Institute of Management and Research, the School of Accounting at Southwestern University of Finance and Economics, Troy University, Ulsan National Institute of Science and Technology, Universidade de Lisboa, and the University of Mary Washington have earned accreditation in business.

Founded in 1916, AACSB is the longest-serving global accrediting body for business schools, and the largest business education network connecting students, educators, and businesses worldwide. Through today’s ratification, a total of 831 institutions across 54 countries and territories have earned AACSB Accreditation in business, with the first institution in Morocco having earned this standard of quality. Furthermore, 187 institutions maintain supplemental AACSB Accreditation for their accounting programs.

“AACSB Accreditation recognizes institutions that have demonstrated a focus on excellence in all areas, including teaching, research, curriculum development, and student learning,” said Stephanie M. Bryant, executive vice president and chief accreditation officer of AACSB International. “We congratulate each of the newly accredited institutions for earning this respected honor, and are pleased that students in Morocco can now pursue an AACSB-accredited business degree for the first time in their home country.”

Achieving accreditation is a process of rigorous internal focus, engagement with an AACSB-assigned mentor, and peer-reviewed evaluation. During this multiyear path, schools focus on developing and implementing a plan to align with AACSB’s accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.

“The commitment to earning accreditation is a true reflection of a school’s dedication—not only to their students, alumni network, and greater business community, but to the higher education industry as a whole,” said Bryant. “Today’s students are tomorrow’s business leaders, and the addition of these thirteen institutions to the network of AACSB-accredited business schools will have a lasting positive impact, both locally and globally.”

For more detailed information about AACSB Accreditation, please visit aacsb.edu/accreditation.