The University of Wollongong (UOW) has received a globally recognised accreditation that has been awarded to only the top five per cent of the world’s business schools.
The prestigious Advance Collegiate Schools of Business (AACSB) International is the longest-serving global accrediting body for business schools, and the largest business education network connecting students, academics, and business worldwide.
In order to earn and sustain business accreditation, an institution must align with a set of 15 standards that focus on mission and strategic management; support for students, faculty, and staff; learning and teaching; and academic and professional engagement of students and faculty.
“We strive to create graduates who are career ready and also responsible global citizens,” Professor Charles Areni, Executive Dean of UOW’s Faculty of Business, said.
“This commitment is captured in our mission statement and drives everything we do. Our graduates get good jobs, and they also do good things in the world.”
Professor Areni said the achievement highlights the University’s commitment to the AACSB pillars of engagement, innovation, and impact, and the institution’s focus on continuously improving its programs.
Professor Paul Wellings CBE, UOW Vice-Chancellor, said the AACSB International accreditation reflected the “exceptional work” of the staff in the Faculty of Business.
“I’m immensely proud of this achievement, which demonstrates our credentials and our drive to shape the next generation of business leaders who will make their mark on the world,” Professor Wellings said.
Stephanie M Bryant, Executive Vice President and Chief Accreditation Officer of AACSB International, congratulated the University on its success in achieving the accreditation.
“The University of Wollongong’s commitment to earning accreditation is a true reflection of their dedication—not only to their students, alumni network, and greater business community, but to the higher education industry as a whole,” Bryant said.
“Today’s students are tomorrow’s business leaders, and the addition of the Faculty of Business to the network of AACSB-accredited business schools will have a lasting positive impact for their institution, both locally and globally.”