Accreditation Council for Business Schools and Programs
|Dewayne Thompson (chairman)|
The Accreditation Council for Business Schools and Programs (ACBSP), formerly the Association of Collegiate Business Schools and Programs, is a U.S. organization offering accreditation services to business programs focused on teaching and learning.
Based in Overland Park, Kansas (a suburb of Kansas City), ACBSP was created to fulfill a need for specialized accreditation by colleges and universities with business schools and programs.
ACBSP was founded in 1989 to accredit business schools with an emphasis on teaching and learning. At the time, only 260 out of 2,400 schools of business had specialized professional accreditation, all from the Association to Advance Collegiate Schools of Business (AACSB). Most or all of the AACSB accredited schools had an emphasis on research, while most other schools had an emphasis on teaching. On April 28, 1988, 150 of the non-accredited schools met in Kansas City, Missouri, to consider alternatives to AACSB accreditation for teaching-oriented schools.
On May 12, 1989, a study group completed a feasibility study and submitted recommendations for standard for accreditation by the ACBSP. In August 1992, ACBSP was recognized by the U.S. Department of Education as a specialized accreditation agency for business education. In June 1994, a U.S. Department of Education Advisory Committee recommended withdrawal of recognition for the ACBSP due to a determination that ACBSP accreditation would not be a "required element" in making an institution eligible to participate in U.S. federal government programs under the Higher Education Act or other authorities. However, at its meeting on January 22, 2001, the Council for Higher Education Accreditation (CHEA) Board of Directors granted recognition to the ACBSP. On September 19, 2011 The CHEA renewed its recognition of the ACBSP for a further 10 years.
In June 2010, the ACBSP changed its name from Association of Collegiate Business Schools and Programs to Accreditation Council for Business Schools and Programs. The ACBSP accredits mostly business schools with traditional campus locations, but also accredits online business programs as well.
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As of August 2010, ACBSP reported having over 8,000 individual members and 828 member educational institutions, of which 529 had ACBSP accreditation and 220 had candidacy status. All but 134 member institutions are in the United States. In April 2013, ACBSP reported 1,171 member campuses, 183 of which are located outside of the U.S. Of those campuses, 586 have achieved accreditation and more than 500 are in candidacy for accreditation. Individual members on these campuses now exceed 10,000.
ACBSP holds membership and/or recognition in the following networks:
- Universidad Argentina de la Empresa - UADE 
- Council for Higher Education Accreditation - CHEA 
- European Association for Quality Assurance in Higher Education (Affiliate Status) - ENQA 
- International Network for Quality Assurance Agencies in Higher Education - INQAAHE 
- Association of African Business Schools - AABS 
- Principles for Responsible Management Education - PRME 
- Consejo Latinoamericano de Escuelas de Administración - CLADEA 
- Russian Association of Business Education - RABE 
- Association of Indian Management Schools - AIMS 
- Global Management Challenge, USA 
- Enactus 
- Federation of Swiss Private Schools/Swiss Private School Register 
- ACBSP has recognized certification program standards which allow for certifications to be awarded to top ACBSP students who meet the exam and GPA requirements.
- Global Academy of Finance and Management(GAFM, previously AAFM) has agreement since 2004 with ACBSP to offer certifications to those who have completed ACBSP accredited business school courses, standards exams and programs.
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Universidad Argentina de la Empresa
Council for Higher Education Accreditation
European Association for Quality Assurance in Higher Education
International Network for Quality Assurance Agencies in Higher Education
Global Management Challenge
Federation of Swiss Private Schools
American Academy of Financial Management
Through an agreement made in January 1992 between Delta Mu Delta and ACBSP, establishment of Delta Mu Delta chapters is now exclusively at colleges and universities with business programs which are accredited by ACBSP at the baccalaureate/graduate levels. Delta Mu Delta was founded in 1913 by the Dean from Harvard University and four professors from Yale University and New York University to recognize students in accredited business schools for their high academic achievement in baccalaureate, masters and doctorate programs. The ACBSP also recognizes the Kappa Beta Delta business honor society  and the Sigma Beta Delta business honor society. Membership in the honor societies is also available to online students who are attending ACBSP accredited programs.
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In 2006, Intel announced that it would no longer provide tuition reimbursement for employees to attend business schools with accreditation from ACBSP, which accredited several for-profit universities. Instead they will only be accepting AACSB accredited courses. At the same time the company imposed a similar restriction on reimbursements for engineering programs. The company explained that the policy change was intended to make the program more cost-effective to the company, noting that employees had been receiving reimbursement for programs "that were not of the highest value to the company" or left Intel after finishing programs that did not advance their careers there. This was perhaps an indirect criticism of the University of Phoenix and other rapidly growing for-profit colleges that seemed unstable; with many rotating part-time instructors and over many locations nationwide.
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Source: "Accreditation Council for Business Schools and Programs", Wikipedia, Wikimedia Foundation, (2023, March 16th), https://en.wikipedia.org/wiki/Accreditation_Council_for_Business_Schools_and_Programs.
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Asian Institute of Management
Delta Mu Delta
International Accreditation Council for Business Education
ISG Business School
Business School Lausanne
EU Business School
Alpha Beta Gamma
International School of Management (Paris)
GBSB Global Business School
Sigma Beta Delta
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- ^ a b c About ACBSP Archived August 11, 2010, at the Wayback Machine, ACBSP website, accessed October 27, 2010
- ^ National Advisory Committee on Institutional Quality and Integrity, Notice of public meeting Archived September 26, 2011, at the Wayback Machine, Federal Register, October 13, 1995 (Volume 60, Number 198), Page 53345-53347
- ^ CHEA Directory Archived 2014-09-23 at the Wayback Machine
- ^ "CHEA Recognition Summary" (PDF). Archived from the original (PDF) on 2016-03-04. Retrieved 2011-10-29.
- ^ , ACBSP CHEA
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- ^ "MBA Glossary: ACBSP". MBA Warrior Blog. 17 September 2012. Archived from the original on 2014-08-19.
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- ^ "ACBSP Bringing Together Those Dedicated to Teaching Excellence" (PDF). Российская Ассоциация Бизнес-Образования. Accreditation Council for Business Schools & Programs. 13 September 2010. Archived from the original (PDF) on 2014-06-05.
- ^ "Guest Post: Assuring Quality Business Education in India". MBA Warrior Blog. 10 October 2012. Archived from the original on 2014-06-05.
- ^ "Partners". Global Management Challenge USA. Archived from the original on January 18, 2012. Retrieved June 18, 2013.
- ^ "Enactus". Accreditation Council for Business Schools & Programs.
- ^ "Internationally Recognized Accreditations" (PDF). Retrieved 2016-01-17.
- ^ ACBSP Certification Agreement. "ACBSP Certification Agreement" (PDF).
- ^ "GAFM Master Training certification recipients attend Asia-Pacific Executives Forum". Daily Mirror. March 2, 2019. Retrieved March 4, 2019.
- ^ "GAFM Master Training certification recipients attend Asia-Pacific Executives Forum". Daily Mirror via PressReader. March 2, 2019. Retrieved March 4, 2019.
- ^ "Awards and Honor Societies". Accreditation Council for Business Schools & Programs. Archived from the original on May 12, 2013. Retrieved June 18, 2013.
- ^ "History - Delta Mu Delta International Honors Society | Delta Mu Delta International Honors Society". Deltamudelta.org. Retrieved 2016-01-17.
- ^ "Honor Societies". Midlands Technical College. Archived from the original on 2003-09-01.
- ^ "Delta Mu Delta". Accreditation Council for Business Schools & Programs.
- ^ Gilbertson, Dawn (December 5, 2006). "Intel cuts tuition aid for University of Phoenix classes". The Arizona Republic.
- ^ Stu Woo, Intel Cuts 100 Colleges From Its Tuition-Reimbursement Program for Employees, The Chronicle of Higher Education, February 2, 2007.
- ^ Dillon, Sam (February 11, 2007). "Troubles Grow for a University Built on Profits". The New York Times, February 11, 2007.
- ^ "Employers cut MBA students' tuition benefits". Portland Business Journal. Portland, Oregon. May 27, 2007.
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