KUALA LUMPUR: The Asia School of Business (ASB) has received accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the world’s oldest and most respected accrediting body for business schools.

This places ASB among the top six per cent of business schools worldwide, affirming its strong commitment to quality teaching, impactful research, and leadership development, it said in a statement recently.

AACSB accreditation is widely recognised as the highest standard in business education. It is awarded only to institutions that meet rigorous benchmarks across strategic planning, curriculum design, faculty qualifications, learning outcomes, and societal engagement.

The accreditation process includes peer reviews to ensure schools align with AACSB’s mission to promote innovation, engagement, and global impact.

ASB said its pursuit of accreditation has been guided by its mission to become a leading business school for the emerging world.

“Established in collaboration with MIT Sloan School of Management, the Asia School of Business has been developing transformative and principled leaders who are now making a positive impact across the emerging world and beyond and will continue to do so.

“Through its innovative postgraduate programs, including MBA, Executive MBA (EMBA), and Asia’s only Master in Central Banking (MCB), as well as Agile Continuous Education (ACE) with an extensive range of micro-credentials that yield MicroMasters® Programs and pathways to its MBAs, the Asia School of Business equips leaders with the knowledge, skills and tools needed to navigate today’s complex global landscape,” it said.

“This milestone is more than a credential. It affirms our commitment to delivering a globally competitive education that remains relevant to Malaysia and other emerging economies,” said Joseph Cherian, CEO, President, Dean, and Distinguished Professor of ASB.

He said joining the AACSBaccredited community validates ASB’s mission to develop leaders who act with integrity, drive innovation, and deliver positive impact.

The AACSB review recognised ASB’s strengths in three key areas. First, in strategic management and innovation, with a mission-led approach, strong resource planning, and a highly qualified faculty.

Second, in learner success, with a curriculum built for future business needs, a strong system for assessing outcomes, and a focus on real-world application.

Third, in thought leadership and societal impact, supported by research, stakeholder engagement, and the integration of social responsibility across its programmes.

The accreditation was made possible through support from AACSB-accredited mentors and a detailed evaluation by global peers. Reviewers consistently highlighted ASB’s innovative model that blends emerging market insights with global standards.

“This achievement reflects the collective effort of our faculty, students, staff, alumni, and partners. It shows that our unique approach to business education is not only globally recognised but aligned with the highest international standards,” added Cherian.