AACSB Announces the Most Recent Schools to Earn Business or Accounting Accreditation

TAMPA, Fla., Aug. 20, 2013 /PRNewswire-USNewswire/ -- AACSB International (AACSB) announces today that Monash University (Australia) has earned accreditation in business, and National Chengchi University (Chinese Taipei), Texas State University (United States), and the University of South Alabama (United States) have earned accreditation in accounting.

Founded in 1916, AACSB is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting. Today, there are 682 business schools in 45 countries and territories that maintain AACSB Accreditation. Similarly, 182 institutions across seven countries maintain an additional specialized AACSB Accreditation for their accounting programs.

"AACSB is pleased to congratulate the newly accredited institutions on achieving this globally recognized hallmark of excellence," said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. "We commend the deans, heads of business units, and academic and non-academic staff at each institution for their exemplary work."

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.

To realize accounting accreditation, an institution must first earn or maintain AACSB business accreditation. Then, in addition to developing and implementing a mission-driven plan to satisfy the business accreditation standards, accounting accreditation requires the satisfaction of an additional set of standards that are specific to the discipline and profession of accounting.

"It takes a great deal of commitment and determination to earn AACSB Accreditation," said Reid. "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."

About AACSB International

AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,350 educational institutions, businesses, and other organizations in 85 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.

SOURCE AACSB International

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