The Suliman S. Olayan School of Business (OSB) is accredited by the Association to Advance Collegiate Schools of Business (AACSB) International
. Since 1916, AACSB is the most sought after business school accreditation in the world. AACSB provides quality assurance, business education intelligence, and professional development services to over 1,500 member organizations and more than 785 accredited business schools worldwide. AACSB Accreditation represents the highest standard of achievement for business schools worldwide. Less than five percent of business schools worldwide have earned AACSB Accreditation. OSB was the first business school in Lebanon to earn this accreditation (Accreditation 2009, Reaffirmed 2014 and 2019). Learn more >>
ACCA (the Association of Chartered Certified Accountants) has fully accredited the Accounting program at the American University of Beirut (AUB) to further strengthen the finance profession in Lebanon.
By achieving this accreditation, institutions undergo an assessment which is carried out by the professional qualifications approvals team.
An exemption is only awarded when ACCA is completely satisfied that it matches a student's prior learning, and will ensure that the student has an equivalent level of knowledge to students who have completed the same exam of the ACCA Qualification by examination.
What does that mean for students? This means that ACCA offer exemptions from their Foundation level or ACCA Qualification exams, based on students' prior learning.
Recognition and Awards
AACSB Innovation That Inspires Recognition 2021 | Khaddit Beirut SME Impact Initiative.
AACSB International (AACSB) —the world's largest business education network—announces the Suliman Olayan School of Business (OSB) among 24 business schools as highlights of its Innovations That Inspire member recognition initiative.
This annual program recognizes institutions from around the world that serve as champions of change in the business education landscape.
In concert with its Connected for Better campaign, emphasizing business education's positive contributions to society, AACSB's 2021 Innovations That Inspire initiative showcases business schools creating positive societal impact. OSB is recognized for “Khaddit Beirut SME Impact Initiative."
Khaddit Beirut (meaning "Beirut Shake-up" in Arabic) aims to provide a community led, evidence based, locally driven road map for reform. Current initiatives target education, business, the environment, and healthcare to provide a holistic approach to sustainable problem solving.
The Association to Advance Collegiate Schools of Business (AACSB) has highlighted the Khaddit Beirut SME Impact Initiative to help local small businesses as a 2021 Innovations That Inspire winner.
The emphasis on local business assistance is an important part of Lebanon's recovery and a keystone to Khaddit Beirut's recovery plan. SMEs in Lebanon have a large influence on the local economy and employment. Nearly 95% of businesses are included in the sector which employs 50% of the workforce. Improvements to such an influential sector can reverberate throughout the economy affecting people up and down the socioeconomic ladder. That is why Khaddit Beirut has targeted SME's as a cornerstone of Lebanon's recovery.
AACSB Innovation That Inspires Recognition 2020 | Business in Conflict Research Group (BICAR)
For its work in poverty reduction, peacebuilding, and humanitarian efforts, the Business in Conflict Areas Research Group (BICAR) at AUB's Suliman S. Olayan School of Business (OSB) has been recognized by the Association to Advance Collegiate Schools of Business (AACSB) in the 2020 Innovations That Inspire initiative - an annual event drawing over 800 applications from top businesses schools around the world, with 25 selected as exemplars of world-leading business school innovations.
OSB's BICAR group focuses on how local entrepreneurs, often in vulnerable situations and working in the informal sector, can help to reduce poverty, create jobs, and foster peace in conflict zones. Much of BICARs work is in the war-torn areas of the Middle East, with the group working with the humanitarian sector to improve the outcomes of programs that focus on business development in conflict-affected regions.
AACSB Innovation That Inspires Recognition 2019
AACSB recognizes OSB’s Growth Readiness Program, which builds the management capacity of SMEs having $1-5 million turnover with high growth potential that impacts the economic wellbeing of the community, as a leading contender in 2019 Innovation That Inspires in Europe, Middle East, and Africa. The annual challenge celebrates institutions from around the world serving as champions of change in the business education landscape.
AACSB Influential Leaders 2019
AACSB recognizes one of OSB’s graduates for creating lasting impact in his community, industry, and around the world. The annual Influential Leaders challenge recognizes graduates and the business schools that prepared them. Read more to learn how one of OSB’s finest, Karim Baalbaki
, represented the business education—and business community’s—past, present, and promising future.
WRDS-SSRN Innovation Award
Wharton Research Data Services (WRDS), the leading data research platform and business intelligence tool for corporate, academic and government institutions worldwide, has awarded OSB the 2018 WRDS-SSRN Innovation Award for the EMEA region for its impact-driven research.
AACSB Innovation That Inspires Recognition 2018
The 2018 AACSB Innovations That Inspire challenge recognized The Knowledge Is Power (KIP) project among 30 global initiatives, which are defining what it means to lead in the face of uncertainty and to cultivate that winning skillset in the next generation of business leaders.
Partnerships & Memberships
Chartered Financial Analyst Institute Partner
OSB is the first partner of the Chartered Financial Analyst
Institute in the region. CFA partnership offers OSB undergraduate and graduate students access to the Level I Curriculum of CFA, news briefs via e-mail, and student scholarships.
Graduate Management Admission Council Member
OSB has been admitted to the membership of the Graduate Management Admission Council (GMAC),
a nonprofit organization of 220 leading business schools from around the world that are committed to advancing the quality of graduate management education, fair and ethical treatment of candidates and students, and serving the graduate management education community.