The US founded Association to Advance Collegiate Schools of Business (AACSB) has expanded its network of institutions, with nine additional schools achieving initial business accreditation.
This recognition places these institutions among a select group of 1,044 schools across 67 countries and territories that have met the standards of AACSB accreditation for accounting programmes.
The newly accredited schools include Arshad Ayub Graduate Business School at Universiti Teknologi MARA Malaysia, Colorado Mesa University USA, Dhofar University Oman, and Faculty of Business and Economics at the University of Pannonia Hungary, among others.
The accreditation process entails a review of the schools’ internal operations, guidance from an AACSB advisor, and a peer-reviewed assessment aimed at fostering continuous improvement.
During this multiyear journey, institutions are tasked with crafting and executing a strategic plan that not only fulfils their mission but also aligns with the principles-based standards set by the Association.
These standards encompass proficiency in strategic management, innovation, scholarly research, and teaching and learning.
AACSB executive vice president and global chief accreditation officer Stephanie Bryant said: “AACSB congratulates each institution on achieving AACSB accreditation.
“The commitment to earning accreditation is a true reflection of each school’s dedication—not only to its students, alumni network, and greater business community—but to society as a whole.”
This announcement follows on the heels of AACSB International’s launch of Leader Generation, a branded content series produced by BBC Storyworks, earlier this month.
AACSB-accredited schools across over 100 countries have launched more than 700 initiatives between July 2023, and June 2024, addressing societal challenges.
