AACSB Accreditation requires that schools:
> teach everything your child needs from communication skills to financial reporting.
> have qualified and adequate faculty and staff to successfully deliver its programs.
> produce research that advances business—which means your child has access to innovative and relevant business ideas and methods.
> do not speed your child through a business degree program at a pace where they cannot effectively learn.
Achieving AACSB Accreditation is a rigorous process. Each accreditation standard assesses a school's ability to perform in critical areas, such as teaching, research, curricula development, and student learning. Generally, it takes a lot of work and time to meet all of the AACSB Accreditation Standards.
Here's a simplified version of how the process works:
- A school must have the ability to grant degrees in their country and have the appropriate local/regional institutional accreditation.
- AACSB begins by working with the school to develop a plan to meet the accreditation standards and its own strategic goals.
- Committees and mentors are assigned to help the school implement their accreditation and strategic plans.
- Once the mentors believe the school has met the standards, a review team, made up of highly experienced educators and business school administrators, will visit the school and make a recommendation for accreditation.
- The review team's recommendation is given to an accreditation committee and the AACSB Board of Directors for final approval.
- Many times, a school will have to return to the mentors and committees for further development.
- Finally, if all parties believe the school has satisfied the standards, it is granted with AACSB Accreditation for its business programs. (All of them.)
- The business school must then be reviewed every five years to ensure it continues to meet the standards.
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