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ACBSP Accreditation

ACBSP is an umbrella organization associating almost 600 educational institutions.

Accreditation Council for Business Schools and Programs (ACBSP) associates colleges providing study programmes focussed on business economics. It is an international accreditation institution and it cooperates with some of the other important accreditation institutions, such as Latin America Council on management Education (CLADEA) and European Council for Business Education (ECBE).

VSEM has been a member of ACBSP since 2008. In 2009, the school received the accreditation for the Bachelor’s degree study programme of Economics and Management (BBA), Master´s degree Corporate management (MSc.) and for the MBA professional study progarmme.

Conditions of ACBSP Accreditation

During the accreditation process, a university has to prove that it fulfils the international standards in the area of business economics and managements at various levels in all the key areas of studies:
  • The structure of the study programme matching standards of the study majors (Common Professional Component)
  • Qualifications of the lecturers
  • Study workload
  • Organization and technical facilities (buildings, study materials etc.)
  • System of regular internal and external evaluation
  • Long-term development programme
  • Interrelations to real business environment
  • Autonomy and stability
  • System of internal rules

Accreditation Process

Between 16th and 18th October 2009 VSEM underwent an accreditation process verifying if all the necessary international standards are applied (International accreditation procedure is independent of the Ministry of Education). Accreditation is pending with the participation of independent ACBSP evaluators. VSEM was granted accreditation for Bachelor's study program and a Master's professional degree program Master of Business Administration.  Every other year must VSEM submit a Quality Assurance Report, which describes the implementation of quality indicators, achievements or projects aiming on improving quality of study.

Information on student achievement are provided in Student achievement report.