After a rigorous review, UTS Business School has been awarded extension of its AACSB accreditation – a status it first achieved in 2007 and which is held by less than 5 per cent of the world's business schools.
“This is the highest honour in business school accreditation,” says the Dean of UTS Business School, Professor Roy Green. “It underlines our abiding commitment to engagement, innovation and impact, in our research and in our teaching and learning.”
During the AACSB peer-review process business schools must demonstrate alignment with the organisation’s global accreditation standards and demonstrate to the AACSB’s review team how they encourage engagement, innovation and impact across the communities they serve.
The AACSB global accreditation standards require excellence in areas such as strategic management and innovation, learning and teaching, academic and professional engagement, and impactful intellectual contributions.
“This very much aligns with our stated Mission to provide integrative and practice-oriented business education, to be internationally recognised for relevant and innovative research, and to engage actively with business and the community,” Professor Green says.
The AACSB Continuous Improvement Review team considered innovations such as the school’s new MBA in Entrepreneurship and its Bachelor of Business Administration designed specifically for Indigenous students; the outcome of the latest Excellence in Research Australia (ERA) round that put the school third equal in Australia in Economics and Commerce and Management; and its engagement with business and industry through its live, “experiential” learning projects and the outreach activities of its Business Practice Unit.
UTS Business School’s AACSB accreditation is effective from now until the next review, scheduled for 2022. This news coincides with the announcement of Professor Chris Earley as the new Dean of UTS Business School from late October.