The Association to Advance Collegiate Schools of Business (AACSB) grants re-accreditation to Lagos Business School (LBS)

February 23, 2022

Leading global accreditation body, the  Association to Advance Collegiate Schools of Business (AACSB) has extended the  accreditation of all business degree programmes of Lagos Business School (LBS). This re accreditation, which is valid for five years, reaffirms LBS premier status being the only  business school in Nigeria and one of eight in Africa to be accredited by AACSB.  

While congratulating each institution on their achievement, the Executive Vice President  and Chief Accreditation Officer of AACSB, Stephanie M. Bryant said; “Every AACSB accredited school has demonstrated a focus on excellence in all areas, including  teaching, research, curricula development, and student learning. The intense peer review process exemplifies their commitment to quality business education.” 

AACSB has for more than a century been synonymous with the highest standards in  business education. It is a global nonprofit association for the business education industry  providing quality assurance, business education intelligence, and learning and  development services to over 1,700 member organizations and more than 840  accredited business schools worldwide. It is the largest global business education  network, linking students, academia, and businesses to advance the cause of business  education around the world. 

Commenting on the milestone, the Dean of LBS, Professor Chris Ogbechie stated that “by  the feat of the AACSB Re-accreditation, Lagos Business School has once more  distinguished itself as a management education provider of high repute in Africa. The  reaccreditation is an external validation of our excellent quality; our goal through our  MBA programmes, and other executive programmes to develop responsible leaders who  are solving Africa’s social and institutional business problems”. 

The accreditation is international in scope and reach, and AACSB works under the belief  that accredited schools should be of the highest standard and reflect changing trends  and innovation in business education. Its accreditation process reflects this commitment  to fostering engagement, acceleration, innovation and amplifies impact in business  education and demands business schools to perform at the highest level continually.  


Lagos Business School (LBS) is the graduate business school of Pan-Atlantic University  (formerly Pan-African University). LBS offers academic programmes, executive  programmes and short courses (customised to specific company needs, as well as open enrolment courses) in management education. Its offerings have been ranked among 

the best in Africa as it systematically strives to improve the practice of management on  the continent.  

The business school’s efforts have been recognised by several world-class accreditations  and rankings. Besides the quality bar set at world-standards, LBS programmes also stand  out because of the emphasis on professional ethics and service to the community.  Education at LBS is comprehensive, drawing on the experiences of a multinational faculty  and participants. Learning is participant-centred and uses the case study method and  the group work approach. Activities are held at the school’s purpose-built facilities whose  lecture halls see more than 3,000 participants yearly from indigenous and multinational  companies. These attest to the expert teaching, the relevance of the programmes and  the overall benefits derived from attending.  LBS is a member of the Association of African Business Schools (AABS), the Global Business  School Network (GBSN), the Principles for Responsible Management Education (PRME),  AACSB International-The Association to Advance Collegiate Schools of Business and the  Graduate Management Admission Council (GMAC), alongside 220 leading graduate  business schools worldwide. GMAC is an organisation of leading graduate management  schools in the world and the owner of the GMAT exam.

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