Ecuador's ESPAE is the first school in the country to receive AACSB accreditation

AACSB International has announced today that it has accredited five new business schools.

The newly accredited schools include India's IIM Calcutta, Taiwan's National Central University, Ecuador's ESPAE Graduate School, Newcastle University in the United Kingdom, and New Zealand's University of Canterbury.

With the new accreditation, ESPAE becomes the first business school in Ecuador to receive international accreditation from one of the three main accreditation organizations (AACSB, AMBA, and EQUIS.) ESPAE offers an MBA program designed for working professionals as well as an Executive MBA program.

The new accreditation round also means that the UK's Newcastle University joins the list of schools accredited by all three international accreditation organizations. Some 20 schools in the UK are now triple-accredited; others include Henley Business School, Aston Business School, and London Business School.

Over 700 business schools across 48 countries or territories are currently accredited by AACSB International. To become accredited by AACSB, schools must go through a rigorous process of internal evaluation and improvement. This can take several years to complete.

On FIND MBA, you can find a list of all AACSB-accredited business schools that offer MBA degrees.

You can also read about other accreditations on FIND MBA's MBA Accreditations page.

Photo: Lakeside Lens Lovers / Creative Commons

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