What is the AACSB?
What is the AACSB? What purpose does AACSB serve? The short and simple answer is that it helps keep the quality in business schools in the United States and all over the world.
AACSB stands for Association to Advance Collegiate Schools of Business. To know a better answer to the question “What is the AACSB?” one must delve into its history first. This association was founded in 1916. It was created with the help of the following universities: Columbia University, Dartmouth College, Harvard University, New York University, Northwestern University, Ohio State University, Tulane University, University of California at Berkeley, University of Chicago, Purdue University, University of Illinois, University of Nebraska, University of Pennsylvania, University of Pittsburgh, The University of Texas, University of Wisconsin–Madison, and Yale University. AACSB’s purpose, even then, was to accredit business schools in the world. The first accreditation process took place in 1919.
The process of accreditation is voluntary. A school that offers business programs, especially in administration and accounting, can choose to be quality-checked by the AACSB. If the school becomes an AACSB-accredited institution, it has proof that it is an exemplary business school.
An AACSB-accredited school has passed the rigorous standards that the association has set. The quality of the curriculum is not the only thing that the association analyzes. Other factors are considered as well. Some examples are the quality of the graduates of the school, qualified members of the faculty, and faculty scholarship or research that aims to help advance the field of business and management.
Considering these factors, an AACSB school is sure to have top-notch teachers, relevant curriculum, and smart students. Study in one in order to become a business leader with global edge.
“Source: AACSB”
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