KUALA LUMPUR, Feb 4 (Bernama) -- AACSB International (AACSB), the world’s leading accrediting body for business schools, has approved the AACSB Global Standard-Setting Framework, paving the way for the next era of business education standards.
According to AACSB in a statement, this framework formalises the process for revising business education standards and establishes a structured five-year review cycle, reaffirming its position as the global authority on business education quality and impact.
“For over a century, AACSB has been the de facto global standard-setting body for business education, guiding institutions toward quality, excellence, and impact.
“As the business education landscape continues to evolve, AACSB is committed to ensuring that business schools remain agile, innovative, and aligned with industry and societal needs,” said its President and Chief Executive Officer, Lily Bi.
Its Chief Accreditation Officer, Stephanie Bryant, has been tasked by the AACSB Board of Directors with implementing the new framework and initiating a review and revision of the current standards.
A global task force comprising key stakeholders from across the business education ecosystem will oversee the revision process to ensure alignment with the evolving needs of business schools, industry, and society.
The revised standards, set to launch on July 1 next year, will be released as The Global Standards for Business Education, while the final version is expected to be voted on at the Annual Business Meeting in April 2026.
This initiative reinforces AACSB’s mission to advance the quality and impact of business education, providing more than 17,000 business schools worldwide with a structured framework for continuous improvement and global impact.
The standards revision process will include an exposure draft and a public comment period, allowing for broad engagement from AACSB’s global community.
-- BERNAMA
