JIBS was the first Swedish institution to receive accreditation from AACSB (Association to Advance Collegiate Schools of Business) in March 2015. AACSB is the longest-serving global accrediting body for business schools. As part of a continuous improvement process, all AACSB accredited schools must go through a review every 5 years.
This review will be carried out at JIBS over three days between 2-4 November. What should have been an on-site visit, will now be carried out digitally due to the coronavirus pandemic.
In September, JIBS sent AACSB a detailed report outlining the progress and improvement made since its 2015 initial accreditation, including a summary of the effect of the coronavirus pandemic and the action taken by the school. JIBS also provided a filmed guided tour of JU campus and JIBS' premises.
On 2nd November, a series of digital meetings will start between the AACSB peer review team and various groups of people from all areas of JIBS' management, education and research, as well as staff from University Services who are connected to JIBS. The review team will also get to meet the JSA president and some JIBS alumni.
JIBS will receive an official decision about the continuation of its AACSB accreditation in January 2021.
Quick facts about AACSB
- AACSB is a North American organisation, widely recognised as a leader in accreditation of business schools.
- AACSB has a set of 15 standards that focus on a number of topics, ranging from mission and strategic management to support for students, faculty, and staff, as well as learning and teaching.
- Only 5 percent of the world's schools that offers business degrees at the bachelor level or higher are AACSB accredited, which means it is relatively selective in choosing which institutions carry its endorsement.
- There are 4 business schools in Sweden that have been awarded AACSB accreditation.