The Association to Advance Collegiate Schools of Business, an association of more than 1,350 educational institutions, businesses, and other organizations in 85 countries and territories, announced Tuesday that five U.S. colleges, including University of Puerto Rico at Río Piedras, 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. At present, there are 687 business schools in 45 countries and territories that maintain AACSB Accreditation. Similarly, 182 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.
“AACSB is pleased to congratulate the newly accredited institutions on achieving this globally recognized hallmark of excellence,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. “We commend the deans, heads of business units, and academic and non-academic staff at each institution for their exemplary work.”
Achieving accreditation is a process of rigorous internal review, evaluation, and improvement, and can take several years to complete. During these years, the school develops and implements a plan to meet the AACSB Accreditation standards which require a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of businesses.
“It takes a great deal of commitment and determination to earn AACSB Accreditation,” said Reid. “Schools must not only meet specific standards of excellence, but their deans, heads of business units, and academic and non-academic staff must make a commitment to ongoing improvement to ensure that the institution will continue to deliver the highest quality of education to students.”
The UPR-Río Piedras joined Bond University (Australia), Bucknell University (United States), Central Connecticut State University (United States), and the University of Oulu (Finland) in the latest round of accreditations.