The Association of Asia-Pacific Business Schools (AAPBS): Fostering Collaboration and Excellence in Business Education in the Asia-Pacific Region and Beyond

By Dr. Vlad Krotov

In today’s increasingly global economy and competitive education market, business schools from around the world must keep abreast with international best practices and incorporate regional nuances into their curriculum and operations in order to remain competitive.  Within the Asia-Pacific region, one organization plays a pivotal role in advancing the quality, relevance, and global connectivity of business schools: The Association of Asia-Pacific Business Schools (AAPBS). In this article, we provide a brief overview of AAPBS and discuss how this organization relates to international accreditation agencies for business schools, such as AACSB, EQUIS, and AMBA-BGA

What is AAPBS?

Founded in 2004, the Association of Asia-Pacific Business Schools (AAPBS) is a collaborative network of business schools dedicated to enhancing the quality of business and management education throughout the Asia-Pacific region. Unlike traditional accreditation bodies such as AACSB, AAPBS primarily serves as a platform for networking, knowledge-sharing, and regional development, rather than formal accreditation.

Mission and Vision

The mission of AAPBS is to “..provide leadership and representation to advance the quality of business and management education in the Asia-Pacific region.” This vision reflects a strong commitment to cultural diversity, regional relevance, and the development of future business leaders who are equipped to thrive in Asia’s complex and dynamic economies and internationally.

Who Are the Members?

AAPBS membership includes over 100 business schools and academic institutions across Asia, Oceania, and the Pacific Rim, including:

    • Deakin University (Australia)
    • National University of Singapore Business School (Singapore)
    • Hong Kong University Business School (China)
    • Seoul National University Business School (South Korea)
    • Kyoto University (Japan)
    • University of Auckland (New Zealand)

It should be noted that members of AAPBS range from top-tier institutions to emerging schools that are eager to enhance their international profile.

What Does AAPBS Do?

Similarly to international accreditation agencies (e.g., AACSB, EQUIS, BGA) AAPBS provides its members with the following value propositions:

    • Academic Collaboration: AAPBS provides a platform for facilitating research partnerships, faculty exchanges, joint academic programs, and collaborative development of teaching cases rooted in the Asian context.
    • Conferences and Forums: AAPBS hosts annual academic conferences and deans’ meetings; it also organizes workshops on emerging topics such as AI in education, entrepreneurship, and sustainable business practices.
    • Leadership Development: AAPBS supports initiatives that develop next-generation academic leaders in Asia and provides opportunities for deans, directors, and faculty to build strategic leadership skills.
    • Benchmarking and Best Practices: AAPBS provides a platform for sharing institutional case studies, curriculum models, and strategies for accreditation among its members; it also offers insights regional challenges in business education such as demographic shifts, digital transformation, and internationalization

How AAPBS Differs from Accreditation Bodies

It’s important to note that AAPBS is not an accrediting agency. Business schools in Asia often pair AAPBS membership with international accreditations such as:

    • AACSB (Association to Advance Collegiate Schools of Business)
    • EQUIS (EFMD Quality Improvement System)
    • AMBA-BGA (Association of MBAs – Business Graduates Association)

These international business accreditations help schools demonstrate global standards, while AAPBS provides the regional context, networks, and knowledge base to thrive in Asia’s unique educational landscape.

Final Thoughts

As the Asia-Pacific region continues to rise in global influence, AAPBS plays a crucial role in shaping the future of business education. By fostering a strong, regionally rooted yet globally connected network, AAPBS empowers institutions to develop leaders who can drive sustainable and inclusive growth in the 21st century. It also offers a strong foundation for pursuing alignment with international accreditation standards published by such international accreditation agencies as AACSB, EQUIS, AMBA-BGA, etc. 

The Association of African Business Schools (AABS) Accreditation

By Dr. Vlad Krotov

What is AABS Accreditation?

The Association of African Business Schools (AABS) is based on a rigorous, peer-reviewed process that assesses and certifies the quality of business schools in Africa. It is designed to ensure that accredited business schools in Africa meet world-class standards in education, research, and societal impact while also addressing the unique challenges and opportunities of the African context. Schools that earn this accreditation distinguish themselves as leaders in business education in Africa, with a commitment to continuous improvement and innovation.

The Value of AABS Accreditation

The principle value dimensions of AABS accreditation are as follows: 

    1. Quality Assurance: AABS accreditation certifies that a business school meets high standards in faculty qualifications, curriculum design, student outcomes, and institutional governance. Moreover, the school is committed to continuous improvement in these important areas of business education. The accreditation also acts as a seal of approval that attracts students, faculty, and partners who value excellence.
    2. Relevance to Africa: AABS emphasizes addressing local challenges and opportunities related to socio-economic development, sustainability, and entrepreneurship. Accredited schools are equipped to produce graduates who can drive change within their communities and beyond.
    3. Networking Opportunities: Accreditation connects schools to a network of peer institutions, fostering collaboration in research, faculty exchange, and best practices.

AABS Standards

The AABS accreditation encompasses 11 standards, categorized into six key areas:

    1. Relevance to the African Context: Ensures that the institution’s mission and activities are attuned to the national, political, legal, social, and economic environments of Africa.
    2. Institution: Evaluates governance structures, strategic vision, and resource allocation to ensure effective and efficient management.
    3. Stakeholders: Assesses relationships with students, alumni, corporate partners, and other educational institutions, emphasizing stakeholder engagement and market relevance.
    4. Program Portfolio: Reviews the diversity and quality of programs and research initiatives, focusing on curriculum development, teaching methodologies, and the pertinence of learning materials.
    5. Impact on Africa: Demonstrates the institution’s contribution to inclusive economic and social development within the continent.
    6. Sustainability: Ensures that the institution’s approach to management education is sustainable, with a commitment to continuous improvement and long-term relevance.

AABS Accreditation Process

AABS is based on a rigorous and comprehensive accreditation process structured into eight distinct phases: 

    1. Expression of Interest: Institutions initiate the process by submitting a Letter of Interest to the AABS Accreditation Office, demonstrating their commitment to pursuing accreditation.
    2. Application: Upon acknowledgment, schools complete the AABS Accreditation Application Form, providing detailed information about their programs and operations.
    3. Mentorship: Accepted institutions may be assigned a mentor—typically an experienced dean or senior academic—to guide them through the self-review phase, ensuring alignment with AABS standards.
    4. Self-Review Report (SRR): Schools conduct a thorough self-evaluation against AABS standards, compiling a comprehensive report that highlights strengths, identifies areas for improvement, and outlines strategies for enhancement.
    5. Accreditation Visit: A designated AABS Review Team conducts an on-site evaluation to validate the SRR, engage with stakeholders, and assess the institution’s adherence to accreditation standards.
    6. Accreditation Decision: The AABS Board reviews the findings and decides on accreditation status, which, if granted, is valid for five years.
    7. Post-Accreditation: Accredited schools commit to ongoing quality enhancement and are required to submit a Mid-Term Report two and a half years after accreditation, detailing progress and continuous improvement efforts.
    8. Re-Accreditation: Institutions seeking to renew their accreditation must apply at least 18 months before the current accreditation expires, initiating a new cycle of evaluation.

Challenges and Opportunities of AABS Accreditation

Achieving AABS accreditation often requires a business school in Africa to overcome certain challenges, while also presenting the school with numerous opportunities. Business education in Africa is plagued by resource scarcity, political instability, and varying levels of institutional maturity among the business schools and related organizations.  However, the accreditation process itself acts as a catalyst for improvement, prompting schools to address gaps and align with international best practices. Additionally, accreditation positions schools to attract investments, partnerships, and top-tier talent, further boosting their growth and impact.