McDonough Earns Prestigious AACSB Reaccreditation

The Association to Advance Collegiate Schools of Business (AACSB) Continuous Improvement Review Committee submitted a recommendation to extend the Georgetown University McDonough School of Business accreditation, a decision that was ratified by the AACSB Board of Directors in May. This comes as an AACSB mandate—every five years its member institutions must undergo a review to maintain their accreditation.

“We are pleased that AACSB supports Georgetown McDonough’s reaccreditation,” said Dean David Thomas. “The accreditation maintenance process is an important opportunity to receive external feedback from AACSB and other business school deans, as well as reflect and evaluate our own programs. The result is that we seek continuous improvement within the school, supporting innovation and the best possible experience for our students.”

McDonough submitted a detailed report about the school’s strategy, faculty makeup and support, resources, academic programs, methods of evaluation, and areas of continuous improvement to AACSB throughout the review process.

According to AACSB International, its accreditation marks the highest standard of achievement for business schools. In fact, less than 5 percent of the world’s 13,000 business programs have earned AACSB accreditation—a staggering statistic to say the least. AACSB has been developing accreditation standards since 1919. Georgetown McDonough was first accredited by AACSB in 1983.

 

 

regions: Washington, DC

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