Association to Advance Collegiate Schools of Business

Association to Advance Collegiate Schools of Business
Abbreviation AACSB
Formation 1916
Type NGO
Purpose Educational accreditation
Headquarters Tampa, Florida, United States
Key people
Tom Robinson (President and CEO)
Website Association to Advance Collegiate Schools of Business
Scope of business school accreditation for AACSB, EQUIS and AMBA
Yale University contributed to the foundation of AACSB in 1916
ESSEC Business School in France and Singapore was the first school outside North America to be AACSB accredited in 1997

The Association to Advance Collegiate Schools of Business (AACSB International) was founded in 1916 to accredit schools of business. The current mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services.[1] It was regarded as the benchmark for business school quality among the academic community,[2] but is now an unrecognized accreditor due to losing its recognition from the Council for Higher Education Accreditation[3] and from the United States Department of Education.[4]

The first accreditations took place in 1919.[5] For many years, only North American business schools were accredited by AACSB (at that time, AACSB stood for American Association of Collegiate Schools of Business). It was an early supporter of internationalizing business education.[6] The first school outside North America to be accredited was the top French business school ESSEC, in 1997.

Founding members

Its founding members were:[7]

Latest events

In 2009, AACSB opened its first regional headquarters for Asia-Pacific in Singapore.[8] In 2014, AACSB opened its second regional headquarters for Europe, Africa, and the Middle East (EMEA) in Amsterdam, Netherlands. The AACSB is officially recognized by the CHEA Council of Higher Education Accreditation.[9]

During the International Conference and Annual Meeting (ICAM) in 2013, AACSB members unanimously approved the 2013 business and accounting Accreditation Standards (the standards were last evaluated and changed in 2003). The 2013 Standards ensure that business schools who achieve accreditation are best in class in how they meet the needs of their core stakeholders-students and employers. The Standards drive innovation, engagement and impact with students, employers and the communities they serve. The Blue Ribbon Committee on Accreditation Quality (BRC) was charged with evaluating and recommendation improvements to the accreditation standards, processes and infrastructure. After more than two years of study and collaborations with the global management education community and employer organizations, a new set of standards have been developed and chosen by nearly 700 of the best business schools globally.

As of February 2015, 727 schools have achieved AACSB Accreditation throughout 45 countries and territories (less than 5% of the estimated number of schools offering business degrees worldwide). 182 accounting programs are AACSB Accredited throughout 7 countries and territories. AACSB Membership should not be confused with AACSB Accreditation. All Accredited schools are members of AACSB, but not all members are Accredited. AACSB has 1,384 member business schools in 84 countries and territories.

On July 1, 2013, Robert S. Sullivan, Dean of Rady School of Management, was named the chair of the AACSB.[10]

AACSB has been struggling with its CHEA recognition of late. On January 26, 2015, at the CHEA Board of Directors Meeting, CHEA decided to continue deferral of action on recognition of AACSB " pending completion of AACSB’s implementation of its policy on CHEA Standard 12B.1 that requires institutions or programs routinely to provide reliable information to the public on their performance, including student achievement as determined by the institution or program (Standard 12B.1, 2010 CHEA Recognition Policy and Procedures), as outlined in the plan submitted by AACSB in November 2014″.[11] AACSB withdrew from CHEA recognition on September 23, 2016.[3]

Latest schools to receive the accreditation

The latest schools to receive the accreditation include:[12][13][14][15][16][17][18][19]

See also


  1. AACSB Homepage
  2. Brian Burnsed (March 15, 2011). "Top M.B.A. Programs Embrace Online Education". U.S. News & World Report. Archived from the original on 30 April 2011. Retrieved March 30, 2011.
  3. 1 2
  5. "AACSB Accreditation Standards". Retrieved April 2, 2011.
  6. John Thanopoulos and Ivan R. Vernon. "International Business Education in the AACSB Schools". Journal of International Business Studies. Palgrave Macmillan Journals (Vol. 18, No. 1 (Spring, 1987)): 91–98. JSTOR 155045.
  7. "AACSB International: About Us". Association to Advance Collegiate Schools of Business International. 1998. Archived from the original on October 4, 2002. Retrieved August 3, 2013.
  8. AACSB International opens headquarters in Singapore
  9. CHEA
  10. "Robert S. Sullivan, Dean of the Rady School of Management, Assumes Chair of AACSB International". SYS-CON Media. Retrieved 3 September 2013.
  12. eNEWSLINE | Business Schools Earn and Maintain AACSB Accreditation. Retrieved on 2013-07-18.
  13. AACSB Business and Accounting Accreditation. Retrieved on 2013-07-18.
  14. L'IéSEG, 1ère école Post-Bac à posséder la double accréditation AACSB & EQUIS. Retrieved on 2013-07-18.
  15. Florida Southern College - Barney Barnett School of Business and Free Enterprise Earns Prestigious AACSB International Business Accreditation. (2013-06-11). Retrieved on 2013-07-18.
  17. SEBA Achieves Milestone with AACSB Accreditation | Saint Mary's College. Retrieved on 2014-04-12.
  19. "Affirming Quality, Representing Global Excellence—AACSB International Announces Sixteen Schools to Earn Business Accreditation". Retrieved 2016-08-24.
  22. Stevens Institute of Technology Earns AACSB International Accreditation. PR Newswire. Retrieved on 2015-05-23.
  23. 1 2 3 4

External links

This article is issued from Wikipedia - version of the 11/21/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.