Triple Accreditation Crown for Durham Business School
(6 April 2009)
Durham Business School has received AACSB International accreditation, making it one of only eleven Schools in the UK to carry all three quality kitemarks.
The School joins an elite group of academic institutions worldwide who are accredited by the three major bodies – AACSB, AMBA and EQUIS.
Accreditation from AACSB (The Association to Advance Collegiate Schools of Business) follows a rigorous process which assesses all aspects of a School’s operations and activities including research, teaching and their contribution to the wider business community.
Durham Business School produced a comprehensive self-evaluation report addressing each of the AACSB’s 21 accreditation standards and this provided the basis for a three day accreditation visit during which the peer review team met with representatives of staff, students, alumni and corporate stakeholders.
Commenting on this achievement, Durham Business School Dean, Rob Dixon says: “We are delighted to have been awarded AACSB accreditation as it demonstrates our commitment to quality and continuous improvement.
“The increased global profile for excellence we will receive with the triple accreditation is essential for an international School like Durham. For instance, 80 per cent of our full-time MBA students come from outside the UK”
- AACSB accreditation takes the most wide-ranging view of a particular institution and is the premier global accrediting body for schools offering undergraduate, master’s and doctoral degrees. Set up to advance quality management education worldwide through accreditation and thought leadership it awarded its first accreditation in 1919.
- The Association of MBAs (AMBA) has recently re-accredited the School until 2013. The Association operates a standards-based system which looks specifically at excellence on the MBA programme. It currently accredits over 157 programmes in 71 countries.
- EQUIS (European Quality Improvement System) is the accreditation arm for the European Foundation for Management Development (EFMD). EQUIS looks for a balance between high academic quality and the professional relevance provided by close interaction with the corporate world. A strong interface with the world of business is as much a requirement as a strong research potential.