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
joined the league of less than 5% of business schools globally, to be
accredited by this body.
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 accreditation
process is designed to validate business schools that are committed to global
standards of excellence in strategic management and innovation, student
experience, and quality of both teaching and non-teaching staff. This
accreditation affirms Lagos Business School's undeniable commitment, over the
last 25 years, to world-class standards in teaching, learning, research,
academic and professional management. The rigorous accreditation process of
AACSB International and the LBS' ability to scale all the hurdles by sheer
determination and strong leadership, have more than ever confirmed LBS' status as one of the most distinguished
business schools in Africa.
In his
congratulatory message, the Vice President and Chief Accreditation Officer of the
global accrediting body, Robert D. Reid said: "Congratulations Lagos Business School and Dean Enase Okonedo on
being the first institution in Nigeria to earn accreditation, and we welcome
them into the family of AACSB-accredited business schools. AACSB Accreditation
represents the highest achievement for an educational institution that awards
business degrees. The entire Lagos (LBS) team - including the administration,
faculty, directors, staff, and students - are to be commended for their roles
in earning accreditation."
The AACSB
International accreditation, among other benefits, accords students of
accredited schools the opportunity to participate in international student
exchange programmes with other accredited schools. It also increases students'
competitiveness in the domestic and international labour markets, helping them
get recognised worldwide by top employers and other universities.
In addition, the
accreditation provides faculty members of these business schools with
opportunities for in-depth research and global recognition. Faculty and staff
of accredited schools are assured of the school's visibility and increased
capacity to attract top quality students for their programmes. Alumni of
accredited schools can be proud of their alma maters' global visibility and
recognition – a validation of the quality of their certificates.
LBS has earned
this global accreditation mainly because of its commitment to the core values
of professionalism and ethics and in passionately pursuing its objectives of:
·
Providing high potential professionals with a general management
education which stresses professional ethics and service to the community
through the practice of management
·
Making a positive impact on the professional and ethical standards of
business management in Nigeria
·
Making intellectual contributions which: (a) support the practice of
management; (b) contribute to the advancement of the management disciplines;
and (c) create high quality teaching materials.
No comments:
Post a Comment