The Association to Advance Collegiate Schools of Business (AACSB) is an American professional and

accreditation Accreditation is the independent, third-party evaluation of a conformity assessment body (such as certification body, inspection body or laboratory) against recognised standards, conveying formal demonstration of its impartiality and competence to ...

organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to business schools. AACSB is one of three business program accreditors. Not all members of the association are accredited; the association also does not accredit for-profit schools. In 2019, the association received

ISO 9001 The ISO 9000 family is a set of international standards for quality management systems. It was developed in March 1987 by International Organization for Standardization. The goal of these standards is to help organizations ensure that they meet ...

certification. The association was once known as the American Association of Collegiate Schools of Business and as the International Association for Management Education.

History

The American Assembly of Collegiate Schools of Business was founded as an accrediting body in 1916 by a group of seventeen American universities and colleges. The first accreditations took place in 1919. For many years, the association accredited only American business schools, but in the latter part of the twentieth century adopted a more international approach to business education.John Thanopoulos, Ivan R. Vernon (1987)
International Business Education in the AACSB Schools
''Journal of International Business Studies'' 18 (1): 91–98. . The first school it accredited outside the United States was the

Alberta School of Business The Alberta School of Business, University of Alberta is located in Edmonton, Alberta, Canada. Founded in 1916, it is a research-intensive publicly funded institution and is consistently ranked in the top 50 publicly funded universities for resear ...

at the

University of Alberta The University of Alberta (also known as U of A or UAlberta, ) is a public research university located in Edmonton, Alberta, Canada. It was founded in 1908 by Alexander Cameron Rutherford, the first premier of Alberta, and Henry Marshall Tory, t ...

in 1968, the first outside North America was the French business school

ESSEC Founded in 1907, ESSEC Business School (École Supérieure des Sciences Economiques et Commerciales) is a French higher education institution specialising in business and management. It is a grande école, a type of institution known for select ...

, in 1997, and the first business school outside North America and Europe was the KFUPM Business School, in 2000. The present name of the association was adopted in 2001. In January 2015, the

Council for Higher Education Accreditation The Council for Higher Education Accreditation (CHEA) is an American organization of degree-granting colleges and universities. It identifies its purpose as providing national advocacy for academic quality through accreditation in order to ...

deferred recognition of the association pending satisfaction of its policy requirements, and in July its Committee on Recognition recommended that recognition be denied on the basis that the AACSB had consistently failed to document that it was routinely providing "reliable information to the public on their performance, including student achievement" as CHEA requires. In September 2016, the association withdrew from the council.Recognition Decision Summary: AACSB International The Association To Advance Collegiate Schools Of Business (AACSB)
. Council for Higher Education Accreditation, September 29, 2016. Archived October 18, 2016. In 2019, it received

certification. Since June 2023, the organization's president and chief executive officer has been Lily Bi, who was previously an executive at the

Institute of Internal Auditors The Institute of Internal Auditors (The IIA) is an international professional association. The IIA offers professional certifications and provides standards for the internal audit profession. History The IIA was established in November 1941. ...

Notes

References

* Andrea Everard, Jennifer Edmonds, Kent Pierre (2013). The Longitudinal Effects of the Mission – Driven Focus on the Credibility of the AACSB. ''Journal of Management Development'' 32 (9):995–1003 * W. Francisco, T.G. Noland, D.Sinclari (2008). AACSB Accreditation: Symbol of Excellence or march toward Mediocrity. ''Journal of College Teaching & Learning'' 5 (5):25–30 * Harold Hamilton (2000). AACSB Accreditation: Are the Benefits worth the Cost for a Small School? A Case Study. ''Proceedings of the American Society of Business and Behavioral Sciences Track Section of Management'' February 17–21, 2000, Las Vegas, Nevada: 205–206 * Anthony Lowrie, Hugh Willmott (2009). Accreditation Sickness in the Consumption of Business Education: The Vacuum in AACSB Standard Setting. ''Management Learning'' 40 (4):411–420 * N. Orwig, R.Z. Finney (2007). Analysis of the Mission Statements of AACSB – Accredited Schools. ''Competitiveness Review 17 (4):261–273 * E.J Romero (2008). AACSB Accreditation: Addressing Faculty Concerns. ''Academy of Management Learning and Education'' 7 (2):245~255 * J.A. Yunker (2000). Doing Things the Hard Way – Problems with Mission-Linked AACSB Accreditation Standards and Suggestions for Improvement. ''Journal of Education for Business'' 75 (6):348–353 {{authority control Business education International college and university associations and consortia School accreditors 1916 establishments in the United States Higher education accreditation Accounting education

History

See also

Notes

References

Further reading