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Three Schools Earn AACSB International Accreditation in Business
Contact: Amy Ponzillo Coordinator, Public Relations, AACSB International, 813-367-5207, mediarelations@aacsb.edu
 
TAMPA, Aug. 2 /Standard Newswire/ -- AACSB International announced today that that three institutions, Central Washington University, Ewha Womans University, and University of Zurich have earned initial accreditation in business. Founded in 1916, AACSB International (AACSB) is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting.
 
By achieving initial accreditation in business, Central Washington University (USA), Ewha Womans University (South Korea), and University of Zurich (Switzerland) have become part of an elite group that makes up less than 5 percent of the world's business schools to have earned business accreditation. The newest accreditations raise the total number of institutions that maintain specialized AACSB accreditation in business to 596 schools across 37 countries. Similarly, 173 institutions maintain an additional specialized AACSB accreditation for their accounting programs.
 
"Congratulations to Central Washington University, Ewha Womans University, and University of Zurich on earning initial accreditation," said John J. Fernandes, president and chief executive officer of AACSB International. "We commend the faculty, deans, directors, and administrative staffs of each institution for their exemplary work in helping their schools earn the highest honor in business school accreditation."
 
Achieving accreditation is a process of rigorous internal review, evaluation, and adjustment and can take several years to complete. During these years, the school develops and implements a plan to meet the 21 AACSB standards requiring a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of business.
 
"It takes a great deal of commitment and determination to earn AACSB accreditation," said Jerry Trapnell, executive vice president and chief accreditation officer of AACSB International. "Schools must not only meet specific standards of excellence, but their deans, faculties and staffs must make a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to students."
 
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is a membership association of more than 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. AACSB accreditation is the mark of quality distinction most widely sought after by business schools-less than 5 percent worldwide have earned the achievement. As the premier membership and accrediting body for institutions offering undergraduate, master's 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 headquarters is located in Singapore.