AACSB
It is the largest accrediting association of business schools in the world, with members in more than 105 countries and over half a thousand members. This organization has existed for more than 100 years, and leading US universities, including Harvard and Stanford, took part in its creation. The Vice-Rector of the Presidential Academy also explained that the association helps its members to establish the necessary connections, discuss issues, enter international communities of researchers, and invite teachers. AACSB conducts the most complex and most prestigious, and, I would say, the most interesting and necessary world accreditation.
By talking about the benefits of the AACSB's global network, members of the association can connect with a huge number of educational and scientific communities in which people are divided according to their interests. An important part of the AACSB is also training and development activities, including traditional conferences, seminars, participation in exhibitions and sponsorship campaigns, and innovations such as digital learning. The organization also provides access to career development services and business education information resources: DataDirec databases, industry reports and analyses, and BizEd magazine.
The organization has the strictest quality standards in the field of business education, which demonstrate to faculty, students and business a commitment to quality and continuous improvement. The duration of the initial accreditation can take up to seven years, and the improvement assessment will be carried out every five years. At the same time, experts noted that the terms of accreditation will vary depending on the region.