Confirming Excellence in Business Education-AACSB International Announces that Nine New Schools Have Earned its Global Business Accreditation

TAMPA, Fla., April 18, 2016 /PRNewswire-USNewswire/ -- AACSB International (AACSB) announced today that Curtin University (Australia), Deakin University (Australia), the Institute of Management Technology—Ghaziabad (India), the Lebanese American University (Lebanon), National Chung Cheng University (Chinese Taipei), Stockton University (United States), Tongji University (China), the University of Bahrain (Bahrain), and the University of North Alabama (United States) have earned accreditation in business.

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. Through today's ratification, there are a total of 764 institutions across 52 countries and territories—a growth of one country, Bahrain—that have earned AACSB Accreditation in business. Similarly, 182 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.

"AACSB's accreditation standards are designed to help schools discover—and deliver on—their differentiated mission, so they can foster meaningful change through engagement, innovation, and impact," said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. "We commend each of the nine schools for their exemplary work, and are excited that students in Bahrain can now pursue an AACSB-accredited business degree for the first time their home country."

Achieving accreditation is a process of rigorous internal review, engagement with an AACSB assigned mentor, and peer review. During the multi-year process, the school focuses on developing and implementing a plan to align with AACSB's accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.

"AACSB accreditation is a globally recognized standard for the highest-quality in business education," continued Reid. "Across this multi-year review process, schools must not only meet the initial standards of excellence, but they must demonstrate their on-going commitment to quality and distinction by participating a continuous improvement review process every five years."

For more detailed information about AACSB Accreditation, please visit www.aacsb.edu/accreditation.

About AACSB International
As the world's largest business education network connecting academe with business, AACSB provides business education intelligence, quality assurance, and professional development services to more 1,500 member organizations across 91 countries and territories. Founded in 1916, AACSB Accreditation is the highest standard of quality in business education, with over 764 business schools accredited worldwide. AACSB's global headquarters is located in Tampa, Florida, USA; its Asia Pacific headquarters is located in Singapore; and its Europe, Middle East, and Africa headquarters is located in Amsterdam, the Netherlands. For more information, please visit: www.aacsb.edu.

SOURCE AACSB International

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