The AACSB, or the Association to Advance Collegiate Schools of Business, is a global organization that provides accreditation to business schools. Founded in 1916, it aims to enhance the quality of business education and promote excellence in teaching, research, and service. Schools that achieve AACSB accreditation are recognized for meeting high standards of quality and continuous improvement. AACSB accreditation is significant for both institutions and students. It assures prospective students that the school offers a rigorous curriculum and qualified faculty. Additionally, accredited schools often have better access to resources, networking opportunities, and partnerships with businesses, enhancing the overall educational experience.