Universitas Gadjah Mada
Faculty of Economics and Business

AACSB, the Association to Advance Collegiate Schools of Business, is the world's oldest business school accreditation institution based in the United States. At present only around 5% of thousands business schools around the world are successful earn AACSB accreditation.

Following are milestones related to AACSB accreditation:

Activities	Date
AACSB Membership	March 10, 2006
Pre-Accreditation Eligibility Application submission	August 10, 2006
Eligibility Application accepted	November 3, 2006
Accreditation Plan submission	April 15, 2009
Accreditation Plan accepted by PAC and IAC	January 12, 2010
Assurance of Learning Workshop	January 29-30, 2010
Progress Report submission to IAC to review (year 1)	October 22, 2010
Progress Report submission to IAC to review (year 2)	October 14, 2011
Mentor visit by Professor Michael Tearney	January 31 – February 2, 2012
Mentor visit by Michael Tearney & Eileen Peacock	August 28-29, 2012
Progress Report submission to IAC to review (year 3)	September 28, 2012
Assurance of Learning Workshop	January 10-13, 2013
Invitation by IAC to submit SER and confirm PRT visit	August 8, 2013
Submission of the Self-Evaluation Report	October 31, 2013
AACSB Peer Review Team visit Members: Professor Gonzalo Garland (IE Business School, Spain) Professor Kwei Tang (National Cheng Chi University, Taiwan) Professor Fernando D'Alessio Ipinza (Centrum Catolica, Peru)	March 1-5, 2014
Earned Accreditation	May 12, 2014
Submission of Continuous Improvement Review (CIR) Report	December 22, 2018
AACSB Peer Review Team visit Members: Professor Kwei Tang (National Cheng Chi University, Taiwan) Pasu Decharin, Ph.D. (Chulalongkorn Business School, Thailand) Professor Eric F. Rodriguez (School of Management Universidad de Los Andes, Colombia)	February 22-26, 2019
Earned Extending Accreditation	April 3, 2019
Submission of Continuous Improvement Review (CIR) Report
AACSB Peer Review Team visit Members: Professor Ping-Yu Hsu (National Central University, Taiwan) Professor Amanda Gudmundsson (Faculty of Business and Law, Queensland University of Technology, Australia) Professor Ruth Banomyong (Thammasat Business School, Thammasat University, Thailand)	1-5 April 2024
Earned Extending Accreditation	3 July 2024

AACSB International is a not-for-profit membership organization that advances and promotes quality management education worldwide. Institutions seeking accreditation must demonstrate a commitment to quality management education as assessed against strategic management, participant and assurance of learning standards. The accreditation process reviews an institution’s quality assurance practices and the effectiveness of the Faculty mission in driving and upholding the standards of quality enhancement. Learn more about AACSB can visit aacsb.edu.