Association to Advance Collegiate Schools of Business
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| Abbreviation | AACSB |
|---|---|
| Formation | 1916 |
| Type | Non-governmental organization |
| Purpose | Educational accreditation |
| Headquarters | Tampa, Florida, U.S. |
| Members | Approximately 900 institutions[1] |
President and CEO | Lily Bi |
| Alexander Triantis | |
| Website | aacsb |
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The Association to Advance Collegiate Schools of Business (AACSB) is an American professional and accreditation organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to business schools.[1]Template:Rp AACSB is one of three business program accreditors.[2]
Not all members of the association are accredited;[3]Template:Rp the association also does not accredit for-profit schools.[4] In 2019, the association received ISO 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.
History

The American Assembly of Collegiate Schools of Business was founded as an accrediting body in 1916 by a group of seventeen American universities and colleges.[1]Template:Rp[6][a] The first accreditations took place in 1919.[1]Template:Rp 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 the Alberta School of Business at the University of Alberta in 1968,[7] the first outside North America was the French business school ESSEC, in 1997,[8][9] and the first business school outside North America and Europe was the KFUPM Business School, in 2000. The present name of the association was adopted in 2001.[1]Template:Rp
In January 2015, the Council 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]
In 2019, it received ISO 9001 certification.[14]
Since June 2023, the organization's president and chief executive officer has been Lily Bi, who was previously an executive at the Institute of Internal Auditors.[15]
See also
- Docnet
- List of AACSB-accredited schools
- European Quality Improvement System (EQUIS)
- Association of MBAs (AMBA)
Notes
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- ^ The founding institutions were Columbia University, Cornell University, Dartmouth College, Harvard University, New York University, Northwestern University, Ohio State University, Tulane University, the University of California, Berkeley, the University of Chicago, the University of Illinois at Urbana–Champaign, the University of Nebraska–Lincoln, the University of Pennsylvania, the University of Pittsburgh, the University of Texas at Austin, the University of Wisconsin–Madison and Yale University.[16]
References
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- ^ a b c d e f James W. Guthrie (editor) (2003). Encyclopedia of Education, volume 1: A-Commerce. New York: MacMillan Reference USA. Template:ISBN.
- ^ Page Module:Citation/CS1/styles.css has no content."The Triple Accredited Business Schools (AACSB, AMBA, EQUIS)". www.mba.today. Retrieved June 1, 2021.
- ^ a b John Thanopoulos, Ivan R. Vernon (1987). International Business Education in the AACSB Schools. Journal of International Business Studies 18 (1): 91–98. (subscription required).
- ^ Page Module:Citation/CS1/styles.css has no content.Brian Burnsed (March 15, 2011). "Top M.B.A. Programs Embrace Online Education". U.S. News & World Report. Archived from the original on April 30, 2011. Retrieved March 30, 2011.
- ^ Page Module:Citation/CS1/styles.css has no content."AACSB: 2020 Standards now released". QED. Retrieved June 1, 2021.
- ^ Page Module:Citation/CS1/styles.css has no content.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.
- ^ Page Module:Citation/CS1/styles.css has no content.Erin Millar (March 15, 2011). "B-schools work hard to get the stamp of approval". The Globe and Mail. Archived from the original on February 6, 2024.
- ^ Page Module:Citation/CS1/styles.css has no content."History - Values". ESSEC Business School. Archived from the original on September 27, 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."ESSEC Business School". Poets & Quants. October 27, 2016. Archived from the original on August 4, 2020.
- ^ Page Module:Citation/CS1/styles.css has no content."CHEA Board Meeting Minutes - Jan 2015". Council for Higher Education Accreditation. January 26, 2015.
- ^ Page Module:Citation/CS1/styles.css has no content."Accreditation Recognition Decision Summary: AACSB" (PDF). Council For Higher Education. September 29, 2016. Archived (PDF) from the original on February 13, 2023.
- ^ "Recognition Decision Summary: AACSB International The Association To Advance Collegiate Schools Of Business (AACSB)". Council for Higher Education Accreditation, September 29, 2016. Archived October 18, 2016.
- ^ Page Module:Citation/CS1/styles.css has no content."AACSB Pursues ISO Certification to Strengthen Its Service to Global Business Education Community". AACSB. September 27, 2016. Archived from the original on June 3, 2021.
- ^ Page Module:Citation/CS1/styles.css has no content.By. "AACSB's Journey to International Certification With ISO". www.aacsb.edu. Retrieved September 4, 2025.
- ^ Page Module:Citation/CS1/styles.css has no content."AACSB International Appoints Lily Bi as President and CEO". AACSB International. June 1, 2023. Retrieved July 15, 2023.
- ^ Page Module:Citation/CS1/styles.css has no content."Who we are - timeline 1916-1936". AACSB. Archived from the original on July 18, 2021.
Further reading
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- Andrea Everard, Jennifer Edmonds, Kent Pierre (2013). The Longitudinal Effects of the Mission – Driven Focus on the Credibility of the AACSB. Journal of Management Development 32 (9):995–1003
- W. Francisco, T.G. Noland, D.Sinclari (2008). AACSB Accreditation: Symbol of Excellence or march toward Mediocrity. Journal of College Teaching & Learning 5 (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 Learning 40 (4):411–420
- N. Orwig, R.Z. Finney (2007). Analysis of the Mission Statements of AACSB – Accredited Schools. Competitiveness Review 17 (4):261–273
- E.J Romero (2008). AACSB Accreditation: Addressing Faculty Concerns. Academy of Management Learning and Education 7 (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 Business 75 (6):348–353
External links
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