American Assembly of Collegiate Schools of Business
International Association for Management Education
American Association of Collegiate Schools of Business[1]
TheAssociation to Advance Collegiate Schools of Business (AACSB) is an American professional andaccreditation organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to business schools.[1]: 2 AACSB is one ofthree business program accreditors.[2]
Not all members of the association are accredited;[3]: 92 the association also does not accredit for-profit schools.[4] In 2019, the association receivedISO 9001 certification.[5] The association was once known as the American Association of Collegiate Schools of Business and as the International Association for Management Education.
Scope of three business school accreditations, the Association to Advance Collegiate Schools of Business,EQUIS, andAMBA
The American Assembly of Collegiate Schools of Business was founded as anaccrediting body in 1916 by a group of seventeenAmerican universities and colleges.[1]: 2 [6][a] The firstaccreditations took place in 1919.[1]: 2 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.[3]
The first school it accredited outside the United States was theAlberta School of Business at theUniversity of Alberta in 1968,[7] the first outside North America was the French business schoolESSEC, in 1997,[8][9] and the first business school outside North America and Europe was theKFUPM Business School, in 2000. The present name of the association was adopted in 2001.[1]: 2
In January 2015, theCouncil for Higher Education Accreditation deferred recognition of the association pending satisfaction of its policy requirements,[10] 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.[11] In September 2016, the association withdrew from the council.[12][13]
Since June 2023, the organization's president and chief executive officer has been Lily Bi, who was previously an executive at theInstitute of Internal Auditors.[15]
^Miles, Morgan P.; Franklin, Geralyn McClure; Grimmer, Martin; Heriot, Kirl C. (2015). "An exploratory study of the perceptions of AACSB International's 2013 Accreditation Standards".Journal of International Education in Business.8. Emerald Insight:2–17.doi:10.1108/JIEB-02-2014-0009.
Andrea Everard, Jennifer Edmonds, Kent Pierre (2013). The Longitudinal Effects of the Mission – Driven Focus on the Credibility of the AACSB.Journal of Management Development32 (9):995–1003
W. Francisco, T.G. Noland, D.Sinclari (2008). AACSB Accreditation: Symbol of Excellence or march toward Mediocrity.Journal of College Teaching & Learning5 (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 Learning40 (4):411–420
N. Orwig, R.Z. Finney (2007). Analysis of the Mission Statements of AACSB – Accredited Schools.Competitiveness Review17 (4):261–273
E.J Romero (2008). AACSB Accreditation: Addressing Faculty Concerns.Academy of Management Learning and Education7 (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 Business75 (6):348–353
