LONDON, March 2, 2016 /PRNewswire/ -- Xi'an Jiaotong-Liverpool University has earned accreditation for its International Business School Suzhou from the Association to Advance Collegiate Schools of Business (AACSB International), an accolade that has been earned by less than five percent of the world's business schools.
The accreditation makes IBSS the youngest business school ever to earn AACSB accreditation.
Founded in 1916, AACSB International is the longest serving global accrediting body for business schools. AACSB accreditation is a hallmark of excellence in business education, with 755 business schools in 51 countries and territories maintaining AACSB accreditation.
Achieving accreditation was a process of rigorous internal review during which IBSS focused on developing and implementing a plan to align with AACSB's accreditation standards relating to excellence in: strategic management and innovation; students and staff as active participants; learning and teaching; and academic and professional engagement.
Commenting on the achievement, Professor Jean Chen, Dean of IBSS at XJTLU, said: "I am absolutely delighted that we received the AACSB accreditation. Attainment of AACSB accreditation has placed IBSS among the league of elite business schools in the world."
"It demonstrates that our achievement has been recognised by the world-wide business school community and will greatly increase our competitiveness in the higher education market. It has also placed IBSS in an excellent position to attract more talented staff and students."
Robert Reid, AACSB executive vice president and chief accreditation officer of AACSB International, said: "During this peer-review process, International Business School Suzhou confirmed alignment with 15 global accreditation standards, while demonstrating how they achieve success within each of the three pillars on which AACSB accreditation rests - engagement, innovation, and impact."
AACSB accreditation builds on other successful accreditations within IBSS such as: Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA) and CPA Australia for BA Accounting and the Institute of Chartered Accountants in England and Wales (ICAEW) for MSc Professional Accounting. BA Accounting at IBSS is the first undergraduate programme in China to have obtained both nine ACCA exemptions and 12 CIMA exemptions.
About Xi'an Jiaotong-Liverpool University
Founded in 2006, Xi'an Jiaotong-Liverpool University is the largest international joint venture university in China, a partnership between Xi'an Jiaotong University and the University of Liverpool. An independent, Sino-British joint venture, the University is based in Suzhou, China, a high-tech, high-growth corridor just 25 minutes from Shanghai. For more information, visit: www.xjtlu.edu.cn
SOURCE Xi'an Jiaotong-Liverpool University