Münster School of Business and Economics
Accreditation through AACSB International
The Münster School of Business and Economics has earned initial accreditation of its business degree programs by the Board of Directors of AACSB International.
AACSB International (Association to Advanced Collegiate Schools of Business), headquartered in Tampa, Florida, is the longest serving global accrediting body for business schools that offer undergraduate, master’s, and doctoral degrees in business and accounting. In 1916, AACSB International was established by some of the most prestigious business schools worldwide, such as Columbia University, Harvard University, University of California at Berkeley and Yale University. Currently, only 600 business schools, or less than 5% worldwide, have earned this distinguished hallmark of excellence in management education. There are only 50 schools in Europe, including the ESSEC Business School (Paris, France), INSEAD (Fontainebleau, France), the Rotterdam School of Management (Netherlands), the London Business School (United Kingdom) and the University of St. Gallen (Switzerland). In Germany, the Business School of the University of Mannheim, the private HHL-Leipzig Graduate School of Management, the Faculty of Economics and Business Administration of the University of Frankfurt, the Business School of the RWTH Aachen, and the private WHU Otto Beisheim School of Management have passed the voluntary process of AACSB accreditation.
To achieve accreditation, an institution’s business program must undergo a meticulous internal review and evaluation process. During this period, the school must develop and implement a mission-driven plan to satisfy 21 quality standards in the following areas:
- Optimal deployment of resources;
- Excellent faculty qualification;
- Continuous interactions of faculty and students ;
- Achievement of learning goals in degree programs.
During the accreditation process, the school is visited and evaluated by business school deans with detailed knowledge of management education, applying accreditation standards that are widely-accepted in the educational community. The visiting team talks to all stakeholders of the school, amongst others to professors, administrators, students, lecturers, company representatives and alumni. The AACSB accreditation, which is a quality label for excellence in teaching and research, represents not only a distinction for the institution but also a commitment for continuous improvement. The institution must undergo a reaccreditation process every five years in order to keep the quality label.
Please find more information on the websiteof AACSB International.
Dr. Stephanie Schroeder
Münster School of Business and Economics, University of Münster
Fax. +49 (0)251/83-28399