SMU re-obtains coveted AACSB accreditation
The accreditation represents the highest standard of quality in business education.
The Singapore Management University’s (SMU) Lee Kong Chian School of Business (LKCSB) and School of Accountancy (SoA) have both earned re-accreditation from AACSB International (AACSB), the largest business education network and longest serving global accrediting body for business schools.
For more than a century, AACSB accreditation has represented the highest standard of quality in business education in the world. Among all the institutions offering business degrees across Asia, SMU is one of seven universities that have earned accreditation in both business and accounting. It was also one of the youngest schools globally to have achieved this dual accreditation.
To achieve accounting accreditation, an institution must first earn AACSB business accreditation and then satisfy a supplemental set of standards specific to the discipline and profession of accounting. Once accreditation is achieved, each institution participates in a five-year continuous improvement peer review to maintain high quality and extend its accreditation.
“AACSB congratulates each institution on their achievement. Every AACSB-accredited school has demonstrated a focus on excellence in all areas, including teaching, research, curricula development, and student learning. The intense peer-review process exemplifies their commitment to quality business education,” said Stephanie M. Bryant, executive
vice president and chief accreditation officer of AACSB.
SMU is one of the seven universities in Asia who holds this accreditation.