The accreditation process has started!
Graduate School of Business is initiating eligibility application for obtaining accreditation from the Association to Advance Collegiate Schools of Business (AACSB). On December 13, 2017, members of the Nazarbayev University Academic Council endorsed the initiative.
AACSB provides internationally recognized, specialized accreditation for business programs. AACSB Accreditation is known worldwide, as the longest standing, most recognized form of specialized/professional accreditation an institution and its business programs can earn.
The best business schools in the world are accredited by AACSB. Only about 5 percent of the world’s university-level business programs have earned the accreditation. At the moment, no business school in the CIS has attained the accreditation.
Accreditation is an important signal of the quality of a university’s academic and research program, its faculty, its graduating students. AACSB makes certain that the program is teaching a complete and relevant set of business skills that align with the practical requirements of the current business environment. With this accreditation, students know that they are associating themselves with the highest-caliber business schools. Employers in turn can trust that graduates come from the most highly rated business schools.
That’s the big picture. Now are starting a meticulous, lengthy and demanding process. On the way, we will be reaching out to our alumni to obtain their feedback about how their study at GSB programs has impacted their careers. As the process starts in February, please be on the lookout for emails with news regarding accreditation and help us with your feedback!
Triple accreditation (or Triple Crown accreditation) is the accreditation awarded to business schools worldwide by the three largest and most influential business school accreditation associations:
The Association to Advance Collegiate Schools of Business (based in Tampa, Florida, with an Asia office in Singapore) www.aacsb.edu
The Association of MBAs (based in London) www.mbaworld.com
European Quality Improvement System (based in Brussels) www.efmd.org
Accreditation from any one of these organizations has a three-fold benefit for student, school and employer. The school benefits from compliance to a world-renowned process, the student is assured that their business education will retain its value and employers have a candidate pool of students that have been taught by a school of international acclaim.
Each of the three institutions assesses a business school according to different criteria and scope. They evaluate programs and student learning, the quality of staff, international engagement, and ability to continually maintain and improve these high standards.
Nazarbayev University Graduate School of Business is on the way to receive international accreditation. We already have become members of AACSB, AMBA, and EFMD (runs EQUIS processes which aims to raise the standards of management education around the world).
The next step is receiving full accreditation. The process for the EMBA program will start in November 2016 after the 3rd EMBA cohort of students graduating from NUGSB.