Thursday May 26, 2016

AACSB Releases Compelling Vision for the Future of Business Schools

By Terence Lau

AACSB International is the premier accrediting body for business schools worldwide.  Less than 5% of all business schools receive AACSB accreditation, and even fewer have accreditations in both business and accounting.  UD's School of Business Administration has held both accreditations for decades.

Recently, AACSB released a new Vision report that outlines the areas that it expects business schools to innovate in for the next generation of business students.  The report calls for business schools to be Catalysts for Innovation (powering business creation and economic development through entrepreneurship and management innovation); Co-Creators of Knowledge (Convening and partnering at the intersection of academe and practice to reveal new insights); Enablers of Global Prosperity (Driving positive impact and encouraging students to use management skills for the greater good); Leaders on Leadership (Discovering new insights into effective leadership, and creating environments that train and nurture leaders); and Hubs of Lifelong Learning (Connecting expertise and experiences to create opportunities across career life cycles).

Over the coming months, the SBA will examine the ways we do everything from curricular design to experiential learning as we look to implement AACSB's collective vision for excellence in business schools.

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