Business Schools from Eight Countries Earn AACSB Accreditation in Business or Accounting

Jun 10, 2013, 09:00 ET from AACSB International

TAMPA, Fla., June 10, 2013 /PRNewswire-USNewswire/ -- AACSB International (AACSB) announces today that ten business schools from eight countries have earned accreditation in business, and one business school has earned accreditation in accounting. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting.

By achieving this hallmark of excellence, Carleton University (Canada), Florida Southern College (United States), Groupe Sup de Co La Rochelle (France), Nanjing University (China), Union University (United States), University of Arkansas at Fort Smith (United States), University of Cape Town (South Africa), University of New South Wales (Australia), Zagreb School of Economics and Management (Croatia), and Zayed University (United Arab Emirates) earned AACSB Accreditation in business, and the University of Nebraska at Omaha (United Statesearned AACSB Accreditation in accounting. 

Today, there are 681 business schools in 45 countries and territories that maintain AACSB Accreditation. Similarly, 179 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.

"AACSB commends deans, heads of business units, and academic and non-academic staff at each institution for their exemplary work in helping their schools earn or maintain the highest honor in business school accreditation," said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. "We are pleased to congratulate the newly accredited institutions, and are excited to add Croatia to the roster of countries with an AACSB-accredited business school."

Achieving accreditation is a process of rigorous internal review, evaluation, and adjustment and can take several years to complete. During these years, the school develops and implements a plan to meet the AACSB Accreditation standards which require a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of businesses.

To realize accounting accreditation, an institution must first earn or maintain AACSB business accreditation. Then, in addition to developing and implementing a mission-driven plan to meet the business accreditation standards, accounting accreditation requires the satisfaction of an additional set of standards that are specific to the discipline and profession of accounting.

"It takes a great deal of commitment and determination to earn AACSB Accreditation," said Reid. "Schools must not only meet specific standards of excellence, but their deans, heads of business units, and academic and non-academic staff must make a commitment to ongoing improvement to ensure that the institution will continue to deliver the highest quality of education to students."

About AACSB International 
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,350 educational institutions, businesses, and other organizations in 84 countries and territories. AACSB's mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. As the premier accreditation body for institutions offering undergraduate, master's, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB's global headquarters is located in Tampa, Florida, USA and its Asia Pacific headquarters is located in Singapore.

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SOURCE AACSB International