Thursday, August 19, 2010

HHL accredited by AACSB International as the first private business school in Germany

HHL - Leipzig Graduate School of Management, founded in 1898 as Germany's first business school, is proud to announce its accreditation by AACSB International. This is not only a sign of the excellence of management education at HHL, but also evidence of the international orientation of HHL’s programs and of HHL's successful relationships with its partners and friends, faculty and staff, students and alumni.

To achieve accreditation, HHL went through a long and demanding process of studying accreditation standards and procedures, applying for accreditation eligibility, collecting data and introducing various improvements at HHL. It produced a detailed and comprehensive self-evaluation report, and finally hosting a distinguished peer review team that spent three days at HHL to verify HHL’s self-evaluation and to gain further first-hand information about HHL and the management education it offers.

The long process was worth it – HHL is now internationally visible and recognizable as conforming to the high quality standards for management education set by the leading organization for business school accreditation – AACSB International. This achievement underlines the quality approach of HHL as well as it’s international orientation. At presence 35% of HHL’s students are from outside of Germany. The number of talented and qualified international students is expected to raise as a result of the accreditation by AACSB.

In a continuously growing market of management education the accreditation by AACSB International demonstrates HHL’s quality advantage, which allows HHL to join the top Business Schools worldwide. HHL’s Dean, Prof. Dr. Arnis Vilks point out: „This is an important milestone to further broaden our international orientation and allows us to grow further. The recommendations of AACSB show professors and staff opportunities for sustainable quality assurance to continuously improve processes at HHL”.

After their visit at HHL, the peer review team of AACSB International released the following statement:

“The peer review team recommends initial accreditation of the business programs of HHL. In the opinion of the peer review team, the programs offered by the HHL are characterized by overall high quality, and there exists a positive environment for promoting continuous improvement. The school has the resources and the ability to achieve its mission, to sustain its overall level of quality, and to maintain its continuous improvement efforts. The School has considerable strengths that contribute to its position as a global leader in management education.”

HHL – Leipzig Graduate School of Management is Germany’s oldest Business School and is today again one of the leading business schools in Europe. HHL offers a graduate diploma program in business administration, a 15 months full-time MBA program as well as a two year part-time MBA program.

AACSB International is a not-for-profit organization consisting of more than 900 educational organizations and corporations. Its mission is excellence in management education in colleges and universities. Headquartered in St. Louis, Mo., USA, AACSB International is the premier accrediting agency and service organization for business schools.


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