School of Economics Maintains Prestigious AACSB Business Accreditation
11.04.2012
Aalto University School of Economics has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business. The School of Economics was awarded AACSB accreditation in 2007 as the first Nordic business school. The accreditation process is renewed every five years.
Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer bachelors, masters, and doctorate degrees in business and accounting.
Only less than 5% business schools worldwide have earned this distinguished hallmark of excellence in management education. To maintain accreditation a business program must undergo a rigorous internal review every five years, at which the program must demonstrate its continued commitment to the 21 quality standards relating to faculty qualification, strategic management of resources, interactions of faculty and students, as well as a commitment to continuous improvement and achievement of learning goals in degree programs.
“It takes a great deal of self-evaluation and determination to earn and maintain AACSB Accreditation,” says Jerry Trapnell, vice president and chief accreditation officer of AACSB International. “Schools not only must meet specific standards of excellence, but their deans, faculty, and staff must make a commitment to ongoing improvement to ensure continued delivery of high-quality education to students.”
“Accreditations, such as AACSB, are important for the business school not only because our school is recognized as one of the top business schools in the world. At least equally important is that the accreditation processes help us further improve the quality of our work. The school received praise for a large number of its strengths and innovations in research, teaching, and societal impact. We also obtained useful ideas for how to further improve the business school in the years ahead”, says Ingmar Björkman, dean of Aalto University School of Economics.
Aalto University School of Economics` achievement will be recognized in the end of April at the 2012 AACSB International Conference and Annual meeting in San Diego, USA.
For more about AACSB Accreditations, please visit: www.aacsb.edu/accreditation
About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of almost 1,200 educational institutions, businesses and other organizations in 78 countries. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. AACSB Accreditation is the benchmark of quality worldwide and most widely sought after by business schools—less than 5% worldwide have earned the achievement. As the premier accreditation body for institutions offering bachelors, masters, 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.
