For the fourth time in a row, the Business School has received the coveted seal of quality from US-accreditation organization AACSB for the period of five years. Hence, it has now been consistently accredited as first-class, international business school for 20 years.
The seal of quality of AACSB, the Association to Advance Collegiate Schools of Business, guarantees strict compliance of international standards in business education. For accreditation, business schools worldwide must undergo an intensive examination process and are regularly visited on-site by a delegation. This year's May exam, however, was carried out for the first time online due to the Covid-19 pandemic.
Compared to the AACSB standards, the standards of EFDM, the European Foundation for Management Development, are just as strict. At the end of last year, Mannheim’s Business School was again awarded the EQUIS seal. The accreditation has also been granted for a period of five years. This is the maximum duration of an EQUIS or ACCSB accreditation.
“We are very proud of having received the AACSB re-accreditation again. Being accredited for 20 years, AACSB confirms that our teaching and research activities comply with the highest international quality standards. Therefore, students and other stakeholders can be assured that our School offers an up-to-date, international education that combines theory and practice. Through its focus on continuous improvement, AACSB supports the School’s further development, inspires us to grow further, and ensures that the School is prepared for future challenges”, explains Prof. Dr. Christian Becker, Dean of the Business School of the University of Mannheim.
Together with the accreditation of AMBA, the Association of MBAs, and EQUIS, the Business School and affiliated Mannheim Business School hold as one of 100 business schools worldwide the seals of the three most important, international leading accreditation institutions. This triple accreditation of a business school is being referred to as the “Triple Crown”.