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The University of Amsterdam’s (UvA) Faculty of Economics and Business has earned accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the global accrediting body for business schools.

AACSB accredited

‘This is a dual achievement for our faculty,’ notes Professor Han van Dissel, dean of the UvA’s Faculty of Economics and Business. ‘In addition to obtaining AACSB’s prestigious global hallmark, this marks the successful completion of the first part of a new combined way of review. One that entails a single accreditation visit which subsequently leads to three reports: one for AACSB’s initial accreditation of the faculty, and two by the NVAO for the accreditation of four new programmes and the reaccreditation of our existing programmes.’

‘AACSB congratulates the University of Amsterdam and dean Han van Dissel on earning accreditation,’ says Tim Mescon, senior vice president and chief officer of AACSB’s Europe, Middle East and Africa headquarters. ‘AACSB’s accreditation standards are designed to help schools discover—and deliver on—their differentiated mission. The spirit of this joint review emphasizes the meaningful change that we ask schools to embody through engagement, innovation, and impact. We are proud to have partnered with the NVAO and the UvA for this landmark collaborative review process.’ 

International and innovative

With respect to quality, the AACSB highlights the fact that the faculty has traditionally employed a high-quality faculty in economics and that its business faculty is now also strong. The AACSB also underscores the faculty’s ability to attract researchers and students from all over the world and its strong leadership team, which has been able to define precise objectives, adapt its organisation and obtain the resources to achieve its goals. As regards innovation, the AACSB states that the faculty has developed a fruitful preliminary concept of innovative interdisciplinary programmes in Data Analytics and Neuro-Economics.

Efficient process  

The accreditation visit took place during the autumn of 2015. The international peer-review team comprised three experts from foreign business schools and was augmented – as required by the NVAO – by a student member and supported by a secretary.

The faculty is very satisfied with the way the process has taken place. ‘It was a lot of work, but notably less than would have been the case if more accreditation visits had to be arranged’, says Van Dissel. ‘By efficiently combining two different processes, we have managed to substantially decrease the administrative burden and free up more funds for teaching and research. All of us can be proud of the results. This is the first time this has successfully been done on such a scale in the Netherlands.’

About the faculty

The Faculty of Economics and Business has approximately 5,000 students and 375 staff. Education at UvA Economics and Business falls under two Schools: The Amsterdam Business School (ABS) and Amsterdam School of Economics (ASE). These schools offer three-year bachelor’s programmes and one-year master’s programmes in Economics and Business, Fiscal Economics, Econometrics and Operational Research, and – as the only institution in the Netherlands – Actuarial Sciences.

Both schools also offer post-doctorate programmes and other forms of education such as custom-made programmes for companies, master classes, professional training courses, and lectures. Due to its international orientation, many of the programmes offered are in English.

In addition to a focus on research, the UvA Economics and Business also has close ties to the domestic and international business community. Research at UvA Economics and Business is carried out at the Amsterdam School of Economics Research Institute (ASE-RI) and the Amsterdam Business School Research Institute (ABS-RI). ASE-RI covers research in the field of General Economics and Econometrics while ABS-RI concentrates on business economics.