Tampa, Fla., USA (2016 August 10)—AACSB International (AACSB) announced today that the Gordon Institute of Business Science (GIBS), at the University of Pretoria has earned accreditation. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctorate degrees in business and accounting.
"AACSB congratulates the Gordon Institute of Business Science and Dean Nicola Kleyn on earning accreditation," said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. "AACSB Accreditation represents the highest achievement for an educational institution that awards business degrees. The entire GIBS team—including the administration, faculty, directors, staff, and students—are to be commended for their roles in earning accreditation."
AACSB Accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business programs. Today, there are 777 business schools in 52 countries and territories that maintain AACSB Accreditation. Similarly, 185 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.
"We are delighted that GIBS has been awarded accreditation by the AACSB," noted Dean Nicola Kleyn. "This commendation strengthens our resolve to continue to make a positive impact and drive excellence in business education in South Africa and increasingly across the African continent."
Achieving accreditation is a process of rigorous internal review, engagement with an AACSB assigned mentor, and peer review. During the multi-year process the school focuses on developing and implementing a plan to align with AACSB's Accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.
"It takes a great deal of self-evaluation and determination to earn AACSB Accreditation, and I commend the Gordon Institute of Business Science for its dedication to management education, as well as its leadership in the community," said Reid. "Through accreditation, GIBS has not only met specific standards of excellence, but has also made a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to its students."
AACSB International also announced that Chang Gung University (Chinese Taipei), Chung Hua University (Chinese Taipei), ISCTE Business School (Portugal), King Saud University (Saudi Arabia), Kingston University (United Kingdom), MCI Management Center Innsbruck (Austria), Nankai University (China), Northeastern Illinois University (United States), Nottingham Trent University (United Kingdom), Ritsumeikan Asia Pacific University (Japan), the School of Business, Economics and Law at the University of Gothenburg (Sweden), The University of Newcastle (Australia), Universiti Utara Malaysia (Malaysia), University of International Business and Economics (China), and XLRI Jamshedpur (India) have earned accreditation in business.
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