Deakin University has earned AACSB International (AACSB) accreditation for its Faculty of Business and Law, including the home of Deakin MBA, the Deakin Business School.
Founded in 1916, AACSB is the longest serving global accrediting body for business schools that offer undergraduate, master’s, and doctorate degrees in business and accounting.
DBS Executive Dean, Professor Mike Ewing, said the AACSB accreditation is arguably the most significant achievement in the School’s 40 year history.
“Along with the AACSB accreditation, the Deakin MBA was ranked in the world’s Top 20 online MBAs by Quacquarelli Symonds and our MBA and Bachelor of Commerce degrees were recently both re-accredited by the European Foundation for Management Development’s International accreditation system (EPAS).
“With this continued international recognition our students, alumni, employers and industry partners can be extremely confident that our offerings are truly world-class.”
“AACSB congratulates Deakin University and executive dean Mike Ewing for successfully completing a multi-year process to achieve accreditation,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International.
“During this peer-review process, Deakin University confirmed alignment with 15 global accreditation standards, while demonstrating how they achieve success within each of the three pillars on which AACSB accreditation rests—engagement, innovation, and impact.”
AACSB Accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world’s business programs. Today, there are 764 business schools in 52 countries and territories that maintain AACSB Accreditation. Similarly, 182 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.
Achieving accreditation is a process of rigorous internal review, engagement with an AACSB assigned mentor, and peer review. During the multi-year process the school focuses on developing and implementing a plan to align with AACSB’s Accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.
“AACSB Accreditation represents the highest achievement for an educational institution that awards business degrees. Everyone at Deakin—including the administration, faculty, senior management teams, staff, and students—are to be commended for their role in earning accreditation, and for their commitment to ongoing improvement,” continued Reid.
