What is AACSB?
AACSB stands for Association to Advance Collegiate Schools of Business. It is the largest business education alliance, aiming at creating the next generation of leaders by connecting students, educators and businesses.
What does AACSB do?
The mission of AACSB is to drive engagement, stimulate innovation and intensify impact in business education. Their vision is to transform business education for global prosperity. To oversee the smooth running of their mission, the association created an accreditation. The accreditation is a nongovernmental and voluntary process for which business schools can apply for. It includes a rigorous external review of the school’s ability to deliver high quality programs.
The AACSB accreditation is internationally recognized, and specialized for business and accounting programs at the bachelor's, master's, and doctoral level. The Accreditation Standards challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs. AACSB Accreditation is known, worldwide, as the longest standing, most recognized form of specialized/professional accreditation an institution and its business programs can earn.
Why is the AACSB accreditation important for students?
The AACSB Accreditation is important for students because it provides them with the assurance that the school they applied for will provide them with learning material most relevant to their field of study, thus preparing them to be effective leaders upon graduation.
- 96% of the chief executives on the 2016 Financial Times From MBA to CEO attended an AACSB-accredited school.
- 4 out of 5 alumni from AACSB-accredited schools say their graduate management education has contributed to improvements in their competitiveness, pro-activeness, innovativeness, and creativity. Source: GMAC® (2015).
- 90% of the Economist's '2016 top 100 full-time MBA programs are housed in business schools that have achieved AACSB Accreditation.
Why is the AACSB accreditation important for PSB Paris School of Business?
The accreditation process for AACSB consists in different key steps such as a comprehensive review of the school’s mission, its faculty qualifications and curricula. The process includes self-evaluations, peer-reviews, committee reviews, and the development of in-depth strategic plans. These steps are important for PSB Paris School of Business because they ensure we conceive our programs according to the highest standards. For PSB, being part of an accreditation process such as this one is the best way to ensure we provide our students with an education that matches international standards.
How is PSB Paris School of Business involved with AACSB?
As of today, PSB Paris School of Business is member of the AACSB Business Education Alliance and engaged in the accreditation process.
Our other accreditations you might want to learn more about: