Saudi Arabia's King Saud University has earned the accreditation of US-based AACSB International for its College of Business Administration.

Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctorate degrees in business and accounting.

King Saud University,  founded in 1957, is located in Riyadh.
 
"AACSB congratulates King Saud University and dean Moaddi M Almeth-Hib on earning the accreditation," said Robert D Reid, executive vice president and chief accreditation officer of AACSB International.

"AACSB Accreditation represents the highest achievement for an educational institution that awards business degrees. The entire KSU team—including the administration, faculty, directors, staff, and students—are to be commended for their roles in earning accreditation."
 
AACSB accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business programmes. Today, there are 777 business schools in 52 countries and territories that maintain AACSB Accreditation. Similarly, 185 institutions maintain an additional specialised AACSB Accreditation for their accounting programs, a statement said.
 
Achieving accreditation is a process of rigorous internal review, engagement with an AACSB assigned mentor, and peer review. During the multi-year process the school focuses on developing and implementing a plan to align with AACSB’s accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.
 
"It takes a great deal of self-evaluation and determination to earn AACSB accreditation, and I commend King Saud University for its dedication to management education, as well as its leadership in the community," said Reid. "Through accreditation, KSU has not only met specific standards of excellence, but has also made a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to its students.” - TradeArabia News Service