Mannheim Business School Alumni Association
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The University of Mannheim (German: Universität Mannheim), abbreviated UMA, is a public research university in Mannheim, Baden-Württemberg, Germany. Founded in 1967, the university has its origins in the Palatine Academy of Sciences, which was established by Elector Carl Theodor at Mannheim Palace in 1763, as well as the Handelshochschule (Commercial College Mannheim), which was founded in 1907. Today, the University of Mannheim is regarded as one of the most prestigious institutions of higher education in Germany and Continental Europe, particularly in the fields of economics, social sciences, law, and political science. The university’s main campus is located within Mannheim Palace, one of the largest Baroque palaces in Europe, which now houses both administrative offices and academic departments. The university offers undergraduate, graduate and doctoral programs in business administration, economics, law, social sciences, humanities, mathematics, computer science and information systems. In the academic year 2020/2021 the university had 11,640 full-time students, 1600 academic staff, with 194 professors, and a total income of around €121 million. It is organized into five schools and two graduate colleges. Numerous former students and faculty members have held prominent positions in the German and international economic and institutional landscape. Notable alumni and affiliates include Isabel Schnabel, member of the Executive Board of the European Central Bank; Jens Weidmann, former president of the Deutsche Bundesbank; Clemens Fuest and Hans-Werner Sinn, current and former presidents of the ifo Institute; and Wolfgang Franz, chairman of the German Council of Economic Experts.
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The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded in 1916 to provide accreditation to business schools.
Not all AACSB members are accredited and AACSB does not accredit for-profit schools.
On average, AACSB observes that schools take between four and five years to earn AACSB Accreditation.
The amount of time it will take a school to earn accreditation depends largely on how closely aligned they are with AACSB standards when they apply for eligibility.
The AACSB withdrew recognition by the Council for Higher Education Accreditation in 2016. This is because the AACSB now holds international recognition by the ISO.
History
The American Assembly of Collegiate Schools of Business was founded as an accrediting body in 1916 by a group of seventeen American universities and colleges.
The first accreditations took place in 1919.
For many years, the association accredited only American business schools.
But in the latter part of the twentieth century it advocated a more international approach to business education.
The first school it accredited outside the United States was the University of Alberta in 1968, and the first outside North America was the French business school ESSEC, in 1997.
Robert S. Sullivan, dean of Rady School of Management, became chair of the association in 2013.
The organization is currently led by CEO and President Tom Robinson, who came to AACSB from the CFA Institute, a global association for investment management professionals;
its board is chaired by John A. Elliott, former dean of the University of Connecticut School of Business.
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