Most racket schools are belongings of a larger institute, which may already be accredited at some continuous. Specialized subunits, like business schools, frequently seek accreditation that reflects their specific focus. Any such collegiate business school may seek AACSB accreditation.
The standards chalk up been updated regularly by reason of 1919, and in 1980 a seperate locate of accreditation standards were devised for schools teaching accounting.
The AACSB Today
The AACSB is a worldwide configuration, boasting a network of 607 schools in 38 countries as of Jan 2011. Additionally, another 175 schools momentarily keep the specialized accreditation standards for accounting. Sign that this represents sole approximately 5 percent of the globe's event schools, indicating the high rise standards demanded for accreditation. Once granted, accreditation must be maintained by a measure of happening testing and analysis.
Accreditation Process
Schools seeking AACSB accredition must applicable its hovering standards.The Firm to Advance Collegiate Schools of Event (AACSB) was formed in 1916 as an collection to elevate standards and interplay between event schools. The inaugural accreditation standards were issued in 1919, helping to clinch that complication education nationwide would trail on a consistent, recognized curiculum. The process begins with the school performing a self-evaluation. After that document has been evaluated, a peer-review team will be sent to the school to ensure that its curriculum and standards correspond to those of the AACSB. Business schools and accounting schools are evaluated by different criteria.
Business Accreditation
Business schools are judged on a total of 21 standards. The first five are concerned with what the Association calls "Strategic Management Standards," or how the school attends to its own business. Standards 6 through 15 are centered around students and faculty, or "Participants." The final set of six standards are called "Assurance of Learning Standards," and attempt to assess the quality of education received by the school's students.
Accounting Accreditation
The process is similar for schools that want their accounting programs accredited. The accreditation is derived from a different set of 15 standards, again divided into the same three categories. In most cases, schools offer both business and accounting degrees, and must satisfy both sets of criteria to be accredited. As with business schools, accounting schools are required to preserve their accreditation on a five-year review cycle.
