AACSB: The global mark of academic quality
The AACSB (Association to Advance Collegiate Schools of Business) International accreditation is the mark of quality most sought by business schools — fewer than 5 percent of business schools worldwide have earned this elite designation.
The Business School at the University of Colorado Denver has sustained AACSB accreditation at both undergraduate and graduate levels for 25 years. As well, the Business School has met the 15 additional standards required to earn a special Accounting accreditation. Only 593 schools of business have AACSB accreditation, of which only 173 have earned the specialized Accounting program accreditation.
The AACSB accreditation entails a meticulous internal review and evaluation process. During this review period, the school must develop and implement a mission-driven plan to satisfy 21 quality standards relating to faculty qualification, strategic management of resources, and interactions of faculty and students. Other key measures include a commitment to continuous improvement and achievement of learning goals in degree programs.
Worldwide mission and membership
Founded in 1916, AACSB International is a membership association of almost 1,200 educational institutions, businesses and other organizations in 74 countries and territories. AACSB's mission is to advance quality management education worldwide through accreditation and thought leadership.
Accreditation is a process of voluntary, non-governmental review of educational institutions and programs. Thirty-seven countries are represented on the Accreditation Council, with 120 members participating from outside the United States
It takes a great deal of self-evaluation and determination to earn and maintain AACSB accounting accreditation,” said Jerry Trapnell, 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 the continued delivery of high-quality accounting education to students.