Westfälische Wilhelms-Universität Münster Earns AACSB International Accreditation Tampa, Fla., USA (April 6, 2011)—AACSB International (AACSB) announced today that Westfälische Wilhelms-Universität Münster has earned accreditation for its School of Business and Economics. 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. “AACSB congratulates Westfälische Wilhelms-Universität Münster and dean Thomas Apolte on earning accreditation, and we welcome them into the family of AACSB accredited business schools,” said John J. Fernandes, president and chief executive officer of AACSB International. “AACSB accreditation represents the highest achievement for an educational institution that awards business degrees. Dean Apolte and the faculty, directors, and administrative staff of WWU–Münster are to be commended for their role in earning accreditation.” AACSB accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business schools. Today, there are 620 business schools in 38 countries that maintain AACSB accreditation. Similarly, 177 institutions maintain an additional specialized AACSB accreditation for their accounting programs. 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. As required by AACSB standards, all accredited schools must go through a peer review process every five years in order to maintain their accreditation.

Contact Info Amy Ponzillo Manager, Public Relations mediarelations@aacsb.edu Direct: 813.367.5207 Main: 813.769.6500 Share Print this Article Download as a PDF Resources AACSB Accredited Institutions About Accreditation Accreditation Standards Accreditation Process Newest Schools to Earn Accreditation

“It takes a great deal of self evaluation and determination to earn AACSB accreditation, and I commend Westfälische Wilhelms-Universität Münster for its dedication to management education, as well as its leadership in the community,” said Jerry Trapnell, executive vice president and chief accreditation officer of AACSB International. “Through accreditation, WWU–Münster has not only met specific standards of excellence, but has also made a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to its students.”

AACSB International also announced that the American University of Sharjah (United Arab Emirates), Melbourne Business School (Australia), Rouen Business School (France), RWTH Aachen University (Germany), Shanghai Jiao Tong University (China), Singapore Management University (Singapore), The University of Hull (United Kingdom), University of Maryland Eastern Shore (United States), University of St. Thomas–Houston (United States), Universidad del Turabo (Puerto Rico), Winona State University (United States), and Xi’an Jiaotong University (China) earned AACSB accreditation in business, and Singapore Management University (Singapore) and the University of Louisiana at Lafayette (United States) earned AACSB accreditation in accounting. Additionally, 68 institutions have maintained their accreditation in business and 23 have maintained their accreditation in accounting.

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About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,200 educational institutions, businesses and other organizations in 78 countries and territories. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. As the premier accrediting 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 headquarters is located in Singapore.

For more information, please visit www.aacsb.edu.