TAMPA, Fla., Nov. 19, 2015 /PRNewswire-USNewswire/ -- AACSB International (AACSB) announced today that Hanken School of Economics (Finland), Konkuk University at Seoul (South Korea), Lakehead University (Canada), National Tsing Hua University (Chinese Taipei), and Qassim University (Saudi Arabia) have earned accreditation in business.
Founded in 1916, AACSB is the longest-serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting. Today, 745 institutions across 50 countries and territories have earned AACSB Accreditation in business. Similarly, 182 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.
"AACSB's accreditation standards are designed to help schools discover—and deliver on—their differentiated mission, so they can foster meaningful change through engagement, innovation, and impact," said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. "We commend each of the five schools for their exemplary work, and are excited to add them to the roster of AACSB-accredited business schools."
Achieving accreditation is a process of rigorous internal review, engagement with an AACSB assigned mentor, and peer review. During the multi-year process, the school focuses on developing and implementing a plan to align with AACSB's accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.
"AACSB accreditation is a globally recognized standard for the highest-quality in business education," continued Reid. "Across this multi-year review process, schools must not only meet the initial standards of excellence, but they must demonstrate their on-going commitment to quality and distinction by participating a continuous improvement review process every five years."
For more detailed information about AACSB Accreditation, please visit www.aacsb.edu/accreditation.
About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of almost 1,450 educational institutions, businesses, and other organizations in 90 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, its Asia Pacific headquarters is located in Singapore, and its Europe, Middle East, and Africa headquarters is located in Amsterdam, the Netherlands. For more information, please visit: www.aacsb.edu.
SOURCE AACSB International