(Edmonton) The Alberta School of Business has once again maintained accreditation status from the Association to Advance Collegiate Schools of Business International, the premier global accreditation body for business schools. First accredited in 1968, the Alberta School of Business was the first business school in Canada to receive AACSB accreditation.
"The long-standing accreditation speaks to ongoing excellence and engagement, the very culture of our business school. Excellence in teaching, research and citizenship and the engagement of our faculty, staff, students, alumni and donors in their classrooms and communities, have all contributed to this success," said Dean Mike Percy.
This accreditation is the hallmark of excellence in business education and has been earned by less than five pe rcent of the world's business schools. Today there are 607 business schools in 38 countries that are members of the AACSB, including 36 Canadian schools. Of the 36 Canadian business schools, 18 are now accredited, with the University of Victoria receiving initial accreditation this year.
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. Schools then need to apply to maintain their accreditation every five years.
The Alberta School of Business hosted a three-member peer review team in November with the official announcement received Jan. 17, in which the school was commended on the following strengths and effective practices:
1) Student satisfaction levels are exemplary due to high-quality teaching and extensive opportunities for engagement with faculty and the business community.
2) The depth of resources available to support faculty research and students is very extensive.
3) The external community was aware and laudatory about the research emphasis.
4) Centres of applied research are vibrant providing a primary bridge to the community and a path to fulfilling the policy element of the mission.
5) The school has achieved a high level of connectedness to alumni and the broader business community.
The Business Advisory Council is active, supportive and engaged, and alumni are proud and involved.
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