The Fox School of Business at Temple University has been awarded reaccreditation by AACSB International, The Association to Advance Collegiate Schools of Business.

Earning AACSB accreditation is considered the hallmark of excellence in business education, and has been earned by less than five percent of the world’s business schools. Today, there are 727 business schools in 48 countries and territories that maintain AACSB accreditation. Accredited institutions are subject to reaccreditation on five-year cycles.

The Fox School has been continuously accredited by AACSB International since 1934.

“Maintaining accreditation with AACSB is a difficult task, amid the desire for constant improvement and the challenge of separating yourself from the competition,” said Fox School Dean M. Moshe Porat. “The AACSB review team, at the conclusion of their visit, used the term ‘best in class’ to reference what we do at the Fox School. It was quite rewarding to hear those words, as they demonstrate our commitment to delivering globally recognized business education and premier management training.”

In its report, AACSB’s review team lauded many areas at the Fox School as “distinguishing characteristics.” The team pointed to Fox’s intellectual contributions and research-active faculty, as well as a highly professional and engaged staff as points of strength.

Specifically, the AACSB team highlighted the Center for Student Professional Development, calling it “a hallmark of the school” for “equipping its students with the tools and knowledge necessary to set themselves apart from the competition” in the job-placement sector. Fox’s online programs, including the No. 1-ranked Online MBA, “are growing into a scalable model that ensures quality,” the team wrote in its report. A school-wide entrepreneurial culture and the redesigned curriculum of the Global MBA program were other areas of strength praised by AACSB.