AACSB

AACSB International (Association to Advance Collegiate Schools of Business) is an American nonprofit organization based in Tampa, USA, whose primary role is the evaluation of higher education institutions in the areas of economics and business. To date, more than 860 universities, faculties and business schools from 56 countries have passed the rigorous evaluation process. Accreditation is applied at the level of the university or individual constituent or independent institution, and depending on the type of institution and the breadth and scope of the evaluation, it is possible to obtain Business or Accounting Accreditation. AACSB International holds ISO 9001: 2015 quality assurance certification, demonstrating its commitment to nurturing a global culture of excellence in its operations.

As the oldest and largest organization in the field of economics and business, AACSB International advocates the positive effects of educational institutions on society and the community and promotes international and inter-institutional cooperation in teaching, research, knowledge and practice sharing, all with a view to harmonize and raise the quality of the education system globally, as well as the alignment of education systems and the needs of the business sector. The AACSB Accreditation awarded to a higher education institution is a guarantee that it meets the rigirous criteria of excellence and is, as such, competitive and comparable to the best higher education institutions in the world.

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The Business Accreditation Evaluation Process is implemented through 15 standards organized in the following several key areas of the institution's operations: strategic management and innovation, participants in the educational process (students, teaching and non-teaching staff), curricula and processes, academic and professional engagement. All evaluation processes are based on three principles: engagement, innovation and impact, which aim to permanently change the institution's awareness of the need for continuous work on quality assurance. AACSB promotes values ​​such as excellence, ethics, inclusiveness and diversity, a global understanding of the environment, social responsibility and community belonging to achieving greater and better impact on the society and community in which the higher education institution exists. The average duration of the accreditation process is between four and five years. 

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The Faculty of Economics & Business, University of Zagreb is the only university level institution (faculty) in the Republic of Croatia that has been awarded AACSB Business Accreditation, for the period up to 2024. The Faculty has successfully completed this mission over a period of three and a half years and since 2019 proudly emphasizes AACSB Business Accreditation. With this prestigious award, Faculty has positioned itself among the top 5% of higher education institutions in economics and business globally.

"For almost 100 years, the Faculty of Economics and Business, University of Zagreb has been a strong influence on the construction and shaping of the national and wider regional economy and economic policy. The AACSB accreditation awarded is a confirmation of the quality of the Faculty's work and influence, which will further strengthen the role and importance of the Faculty in the national, regional and European educational and economic context. ”- Prof. Jurica Pavičić, PhD, Dean of the Faculty of Economics & Business, University of Zagreb.