AACSB accreditation puts Faculty of Economics and Business among global top 5%

After a strict and extensive quality assessment, the international Association to Advance Collegiate Schools of Business, AACSB, announced this month that it will award the Faculty of Economics and Business (FEB) of the University of Groningen accreditation. Less than 5% of the world’s business schools have AACSB accreditation, which is a sign of FEB’s high quality.

FEB Dean Prof. Harry Garretsen was delighted to hear the news: ‘It’s wonderful that we are now receiving objective confirmation that our teaching, research and facilities are indeed of high quality, among the best in the world’, he said in a first response. ‘In addition, we are committing ourselves to the AACSB requirement of continually striving towards further quality improvement. This means that not only our current researchers and students but also those of the future will be guaranteed an excellent learning and working environment.’

AACSB International

AACSB, the Association to Advance Collegiate Schools of Business, is a US-based organization that awards accreditation to business schools around the globe that satisfy its strict criteria. AACSB assesses the quality of degree programmes, students, staff, teaching, research and the various facilities through in-depth self-study reports, a visit by an expert panel and interviews with stakeholders such as students, alumni, researchers, lecturers, support staff as well as business contacts and employers. AACSB accreditation is a hallmark of an institution’s outstanding quality. See also: www.rug.nl/feb/aacsb

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Prof. Harry Garretsen, Dean of the Faculty of Economics and Business