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Tampa, FL, USA (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."
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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 1,300 educational institutions, businesses, and other organizations in 83 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 and its Asia Pacific headquarters is located in Singapore.
For more information, please visit: www.aacsb.edu.
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Contact
Sarah Ham
Manager, Marketing Communications
sarah@aacsb.edu
Direct: +1 813-367-5207
Main: +1 813-769-6500
Resources
> AACSB Mission
> AACSB Membership
> AACSB Accreditation
> Accredited Institutions
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