Tampa, Florida (PRWEB) July 25, 2012
AACSB International (AACSB) announced today that eight business schools, from five countries, have earned AACSB Accreditation in business. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master’s, and doctorate degrees in business and accounting.
By achieving this hallmark of excellence, Chonnam National University (South Korea), Dongguk University (South Korea), Istanbul University (Turkey), Peking University (China), Providence College (US-RI), Universiti Putra Malaysia (Malaysia), West Texas A&M University (US-TX), and The University of Texas at Brownsville (US-TX) earned accreditation for their business programs.
Today, there are 655 business schools across 44 countries and territories that maintain AACSB Accreditation, and these schools join an elite group that makes up less than five percent of the world’s business programs.
“AACSB commends the deans, heads of business units, and academic and non-academic staff at each institution for their exemplary work in helping to earn the highest honor in business school accreditation,” said John J. Fernandes, president and chief executive officer of AACSB International. “We are pleased to congratulate the newly accredited schools, and are excited to add them each 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. In addition, as required by the AACSB Standards, all accredited schools must go through a peer review process every five years in order to maintain their accreditation.
“It takes a great deal of commitment and determination to earn AACSB Accreditation,” said Fernandes. “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.”