The International Advisory Board of VŠE meeting

5 Jun

The meeting of the International Advisory Board of the University of Economics, Prague took place on Monday, June 4, 2018. Its members discussed the Self Evaluation Report of VŠE, which is one of the next steps in the accreditation process of AACSB International.

AACSB International is an association which provides internationally recognized “Business Accreditation”. However, it takes a couple of years to get this prestigious accreditation. The University of Economics, Prague (VŠE) became a member of AACSB International in February 2015.

In August, 2016, the Initial Accreditation Committee voted to accept the Eligibility Application, thus allowing VŠE to enter the business accreditation process. In September, 2016, VŠE was officially informed of this positive decision.

As part of the accreditation process, an AACSB volunteer was appointed as mentor to the school. The mentor, Professor Stephanie Morgan, assists VŠE in responding to any concerns raised in the review of the Eligibility Application as well as helping to determine the scope of accreditation. The mentor also helps guide the school in formulating the Self Evaluation Report.

Since placing the acquisition of an international institutional accreditation in its strategic plan, VSE, in the years to come, will endeavour to obtain the AACSB accreditation. This will not only enhance the university’s great name abroad but also increase the quality of its management processes as well as the education the school provides.

AACSB International was established in 1916. As the longest serving global association dedicated to advancing management education worldwide, AACSB has accredited, and continues to accredit, 775 of the world’s best business schools across 52 countries and territories. Among the holders of the AACSB International “Business Accreditation” are, for example, Harvard Business School; HEC School of Management, Paris; London Business School; School of Management, Yale University and Vienna University of Economics and Business (WU), which was accredited last year.