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Global Recognition

KUBS Achieves Double Accreditation from AACSB and EQUIS and Joins CEMS Global Alliance

In Europe and the United States, where the field of business studies originated and evolved, rigorous standards have been established to evaluate business schools and grant accreditation to the most prestigious institutions. This system has served as a major benchmark of credibility and educational quality for prospective students and academics.
Korea University Business School (KUBS) currently holds five-year accreditation from both AACSB (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System). In addition, KUBS is a full academic member of the CEMS Global Alliance.
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Founded in 1916, AACSB International (The Association to Advance Collegiate Schools of Business) is the world’s largest business education network, connecting students, academia, and industry to advance business education worldwide. AACSB ensures the highest quality standards in business education to prepare the next generation of business leaders. AACSB-accredited schools include globally renowned institutions such as Harvard University, Yale University, and Columbia University.
KUBS earned the distinction of becoming Korea’s first institution to receive AACSB accreditation for its entire degree program in 2005 and has continuously maintained this status, receiving five-year renewals in 2010, 2015, and 2020.
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EFMD (European Foundation for Management Development) grants EQUIS (EFMD Quality Improvement System) accreditation, which is well known for its rigorous and conservative standards. The evaluation is based on various attributes, including the educational environment, program quality, faculty qualifications, educational facilities, and globalization efforts. Institutions that meet uniformly high standards across all criteria are awarded a prestigious five-year accreditation, while those with areas for improvement receive a three-year accreditation. In 2005, KUBS became the first institution in Korea to earn EQUIS accreditation. Since 2007, it has consistently upheld this esteemed recognition, receiving successive five-year re-accreditations.
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On November 27, 2015, Korea University Business School (KUBS) was officially designated as the exclusive representative business school for Korea by the CEMS Global Alliance. CEMS is a prestigious consortium comprising both academic and corporate members, and it grants membership to only one leading business school per nation. This alliance consists of 33 member schools and primarily focuses on facilitating graduate-level exchange programs and internships.
As a member of CEMS, KUBS offers the CEMS Master’s in International Management (MIM) program as part of its master’s degree curriculum. The addition of the MIM program is expected to enhance the master’s curriculum, providing students with increased opportunities for professional practice and field experiences. Moreover, students in the MIM program can apply for exchange programs at other member schools for a semester abroad. This expansion of academic offerings provides KUBS students with a broader range of options for their career development.