Association to Advance Collegiate Schools of Business (AACSB International)

AACSB International, the Association to Advance Collegiate Schools of Business (formerly American Assembly of Collegiate Schools of Business), is a not-for-profit corporation of educational institutions, corporations, and other organizations devoted to the promotion and improvement of higher education in business administration and accounting. AACSB, which is the oldest and largest business accreditation organization, was founded in 1916 by the deans of 17 business schools in an effort to establish and maintain minimum accreditation standards. In 1980, to address the needs of the accounting profession, AACSB adopted additional standards for undergraduate and graduate degree programs in accountancy.

Many business school constituents have continually criticized the AACSB for not enforcing standards relating to public policy, moral philosophy, social values, and other humanities in curriculum development. In 1925, the ...