Press Releases

01.04.1999

First in Asia to Receive AACSB Accreditation

It is my great pleasure to announce that HKUST Business School has been formally accredited for all of its business and accounting degree programs by the AACSB - The International Association for Management Education.

The official announcement was made April 18 in Atlanta, Ga., USA by AACSB

Photo of the accreditation team
Photo of the ceremony

Established 80 some years ago as the primary accrediting agency and service organization for business schools in North America, AACSB has recently globalized its accreditation activities. This is the first time it has granted accreditation to business schools in Asia. And it did so to only two business schools in this inaugural batch: HKUST and the Chinese University of Hong Kong

With the AACSB accreditation the School joins the same league as some of the world's most famous business schools in the US, including UCLA, UC Berkeley, Chicago, Columbia, Cornell, Dartmouth, Harvard, New York University, Northwestern, Pennsylvania (Wharton), and Yale

The HKUST Business School has proudly excelled in the rigorous accreditation exercise. During the accreditation process, our School was visited and evaluated by business deans and senior faculty from the University of Chicago, Ohio-State University, University of Southern California, University of Washington, University of Wisconsin-Madison, ESSEC of France, the International University of Japan, and a local corporate representative. The high-powered team was strongly appreciative of our accomplishments and unanimously approved the accreditation of all programs of the School

To commemorate this significant milestone of Hong Kong's management education, the South China Morning Post and Ming Pao Daily published a special report on April 20, with congratulations from a number of prominent figures, including the Chief Executive of the HKSAR, the Secretary for Education and Manpower and the Chairman of the University Grants Committee

The accreditation is a tremendous endorsement from AACSB. As I have learnt, never in the history of AACSB had any school achieved accreditation at a young "age" below 10! The special report is posted on the School's bulletin board on the first level near lifts 25/26 and the coffee shop on HKUST campus.  For further information, please contact our Communications and External Affair Office by emailechu@ust.hkorbmmhung@ust.hk or telephone : 2358-8934