The Association to Advance Collegiate Schools of Business (AACSB) has represented the highest quality standards in business education worldwide for over a century. This internationally recognized non-profit organization conducts independent reviews and sets standards for business schools across the globe.
Institutions of higher learning with AACSB accreditation make up 5% of the 16,000 business schools worldwide. Those who successfully pass the rigorous accreditation process can rest assured that graduates from their institutions possess the requisite skillsets to perform in their employment environment, theoretically and practically.
What is AACSB Accreditation?
AACSB accreditation is the most highly recognized and specialized accreditation institution any business program can earn. The accreditation process is voluntary, and the AACSB aims to assist institutions in providing the highest quality business education programs through peer review, accountability and improved societal impact, strategic management, thought leadership and learner success.
The process includes a thorough external examination of the institution, including faculty qualifications, curricula, ongoing learning and the continued ability to provide quality education to learners.
The AACSB releases updated business standards annually, accounting for the feedback from deans, assigned committees, accounting program administrators and peer review teams to assist in outlining updates for AACSB guidelines.
Is AACSB Accreditation Important?
The short answer is yes. With the AACSB, businesses, educators and students form a connection and share a common goal — to improve the quality of business education, serve the fluid and ever-changing needs of students and educators, foster diversity and inclusivity, and produce meaningful leadership candidates for the next generation.
Accredited programs can provide faculty and students with quality assurance, which speaks to the highly recognized value that accreditation means for a business program in the business sector and academic communities.
So, how important is AACSB accreditation? AACSB accreditation standards are the highest in the world. These standards are under constant internal and external review and provide institutions and business programs with an endorsement that elevates student, graduate and business program opportunities alike.