The Faculty of Business and Accountancy and Universiti Malaya are pleased to announce that the institution has earned an extension of accreditation for another five years by AACSB International-a prominent Business School accreditation body globally. The Faculty of Business and Accountancy (FBA) was first accredited by the Association to Advance Collegiate Schools of Business (AACSB International) in 2015.
Stephanie M. Bryant, executive vice president, and chief accreditation officer of AACSB congratulated the recently accredited schools and said “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.”
FBA partakes in accreditation exercises to ensure the quality of FBA’s teaching, learning, and research activities are certified by prominent international external bodies such as AACSB International. AACSB accredits the best business schools in the world. Less than 5% of the business schools globally have earned this Accreditation. The list of accredited universities that have fulfilled the stringent AACSB’s international standards includes prominent institutions such as Harvard, Yale, and Stanford. With this re-accreditation, the Faculty of Business and Accountancy, Universiti Malaya remains proudly among the top 5% of business schools worldwide.
The continuous improvement review process included a rigorous review of the Faculty’s programs and internal processes to ensure it meets the standards outlined by AACSB International, which was focused on three central themes-Engagement, Innovation, and Impact. FBA was commended for the quality and motivation of students, student support provided, the collegial culture at the Faculty, and the high level of active engagement between FBA and key stakeholders such as alumni, employers, the wider community, and international partners.
We believe that earning the extension of AACSB accreditation is a key milestone for FBA. It signifies FBA’s continuous commitment to deliver our promise of providing the best business education that not only meets the industry and professional standards locally but also globally. The AACSB accreditation is a recognition for our excellent effort to continue providing rigorous, dynamic, and relevant programs. With this recognition, FBA reaffirms its commitment to provide quality business education regionally and globally.
Article by the Faculty of Business and Accountancy
