AACSB Approves Global Standard-Setting Framework, Paving the Way for the Next Era of Business Education Standards.
Tampa, Florida – February 3, 2025 – AACSB International (AACSB), the world’s leading accrediting body for ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ schools, has approved the AACSB Global Standard-Setting Framework. This framework formalizes the process for revising ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ education standards and establishes a structured five-year review cycle. This initiative reaffirms AACSB’s position as the global authority on ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ education quality and impact.
The AACSB Board of Directors has charged Chief ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ Officer Stephanie Bryant with implementing the new framework and initiating a review and revision of the current standards. A global task force comprising key stakeholders from across the ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ education ecosystem will oversee the revision process to ensure alignment with the evolving needs of ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ schools, industry, and society.
Anticipated to launch on July 1, 2026, the revised standards will be released as The Global Standards for Business Education™. This initiative reinforces AACSB’s mission to advance the quality and impact of ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ education, providing more than 17,000 ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ schools worldwide with a structured framework for continuous improvement and global impact.
“For over a century, AACSB has been the de facto global standard-setting body for ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ education, guiding institutions toward quality, excellence, and impact,” said Lily Bi, President and CEO of AACSB. “As the ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ education landscape continues to evolve, AACSB is committed to ensuring that ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ schools remain agile, innovative, and aligned with industry and societal needs.”
The standards revision process will include an exposure draft and a public comment period, allowing for broad engagement from AACSB’s global community. The final version of The Global Standards for Business Education™ is expected to be voted on at the Annual Business Meeting in April 2026, with official implementation on July 1, 2026.
“The updated standards will provide all ³ÉÈ˶¯ÂþÔÚÏß¹Û¿´ schools with a clear, future-ready framework to drive excellence and innovation,” said Sherif Kamel, Chair of AACSB’s Board of Directors and Dean of Onsi Sawiris School of Business, The American University in Cairo.