Lagos Business School (LBS) has become the first institution in West Africa to be accredited by the Association to Advance Collegiate Schools of Business (AACSB). With effect from December 1, 2016, LBS joins the league of less than 5% of business schools globally, to be accredited by this body.
This was announced at a press conference, today, at Oriental Hotel, Victoria Island which had in attendance, members of the LBS management board, Dr Yinka David-West, Dr Chris Ogbechie, Mr Charles Ivenso; a member of Pan-Atlantic Governing Council, Professor Fabian Ajogwu, SAN and Mr Peter Bankole, Director, Enterprise Development Centre (EDC) and Mrs Clare Omatseye, Vice-President, LBS Alumni association.
Addressing members of the press, Dr David-West emphasised some of the benefits of the accreditation to the School. “The AACSB accreditation enhances the quality of LBS as an institution, providing two-way mobility for our faculty and students. We envisage that LBS will be able to attract more international faculty and also send out faculty to other qualified institutions. Likewise, LBS degrees would be accepted by international organisations that know about the AACSAB accreditation’.
Mrs Omatseye, while congratulating LBS on this landmark achievement, stated that although she graduated 17 years ago, the standard at LBS never dropped and that this accreditation is an impetus to work even harder.
AACSB is the leading global accreditation body for business schools offering undergraduate, masters and doctorate degrees in business and accounting. Founded in 1916, AACSB has its headquarters at Tampa, Florida, United States of America; it is the largest business education network, linking students, academia and businesses to advance the cause of business education around the world.
By the feat of AACSB Accreditation, Lagos Business School has once more distinguished itself as a management education provider of high repute in Africa. Only four other schools in the entire continent have this accreditation; three in South Africa and one in Egypt.
The official announcement from AACSB can be found here: https://goo.gl/sdPdnu