Association to Advance Collegiate Schools of Business
Vision: To transform business education for global prosperity.
Mission: International is to foster engagement, accelerate innovation, and amplify impact in business education
AACSB is world’s oldest business accreditation organization set up in 1916. AACSB provides quality assurance, business education intelligence and professional development services to more than 1,700 member organizations and over 850 accredited business schools worldwide.
The total number of AACSB accredited schools are 840 institutions, across 56 countries or territories. In India there are 14 accredited schools and 70 member schools including the accredited schools.
Currently a massive exercise is underway to bring in new revised standards reducing the number to 9 under three categories Strategic Management, Learners Success and Thought Leadership under the AACSB 2020 standards.
An AACSB International member institution offering undergraduate and/or graduate degrees in business may voluntarily apply for AACSB Business Accreditation. The AACSB Accreditation Process includes rigorous self-evaluation and peer-review elements. The process begins with the submission and approval of an Eligibility Application. Once a school’s Eligibility Application has been approved, it will enter the Initial Accreditation phase. If a school is able to meet all of AACSB’s Accreditation Standards and completes the requirements, it will be recommended for Accreditation. All AACSB-accredited institutions must enter the Continuous Improvement Review process every five years.
Indian Accredited Schools
AACSB as the oldest and longest serving global accreditation agency strives to continuously improve engagement among business, faculty, institutions, and learners, so that business education is aligned with business practice. AACSB has just announced new 2020 Guiding Principles and Standards for Business Accreditation on July 28, 2020.
The new standards are divided into three strategic goals "Strategic Management (3 standards) Learners success (four standards) and Thought Leadership (2 standards) as opposed to the current four categories Strategic Management, Participants, Teaching and Learning and Academic and Professional Engagement.
AACSB is pleased to announce that the membership affirmed the 2020 Guiding Principles and Standards for Business Accreditation on July 28, 2020.
The transition period for adopting the 2020 business accreditation standards will take place between January 2021 and June 2023. The initial pilot will occur in the 2020-21 academic year, with a small number of schools with visits scheduled between January and June 2021 reviewed under the 2020 business standards. The pilot schools have been identified and all other schools outside the pilot group will be reviewed under the 2013 standards.
Schools with peer review team visits scheduled between July 1, 2021 and June 30, 2023, can choose to be reviewed under either the 2013 or 2020 business standards. Schools should communicate their preference to their AACSB accreditation staff liaison.
Beginning July 1, 2023, all schools will be reviewed under the 2020 standards during their next scheduled visit.
AACSB announces new standards for 2020
AACSB member schools in India : 70
Indian Institute of Technology Mumbai
Institute of Management Studies (IMS)) Ghaziabad
Those marked in colour are the Accredited member schools of AACSB
Contact SEAA Facilitation Services Team for help relating to Accreditation process, Mission workshops for faculty, Peregrine online student learning outcome assessment service for assurance of learning (AoL) & Bloomberg B-school connections service
Tampa, Fla., USA (May 19, 2020)—AACSB International (AACSB) wrapped up its first virtual International Conference and Annual Meeting (ICAM), where attendees discussed responses to COVID-19, leading change, online delivery, lifelong learning, and approaches to creating positive societal impact.
More than 650 representatives from over 350 organizations from around the world gathered to further pave the future of business education’s learning and development opportunities.
A sampling of upcoming virtual events includes:
For a full list of events, please visit aacsb.edu/events/digital-learning