What is the American Assembly of Collegiate Schools of Business (AACSB)?
The AACSB, the Good Housekeeping seal of approval for business school is a not-for-profit organization founded in 1916 to drive quality into the undergraduate and graduate business school curriculum. In addition, the organization attempts to standardize the quality of educational institutions confirming business degrees including the Executive MBA. The AACSB has approximately 405 accredited institutions: 391 in North America (382 in the US, seven in Canada, and two in Mexico). The balance are in Europe, Asia, Central and South America, and the Middle East. Each year, the organization publishes a set of guidelines addressing the function, operation and delivery of a business education. It also encourages faculty diversity. Under section FD.2 of the AACSB accreditation guidelines it states, “The school should demonstrate continuous efforts to achieve demographic diversity in its faculty.” This principle applies to undergraduate as well as graduate programs.
