On May 21, 2024, the Association of MBAs (AMBA), one of the three leading international business education accreditation organizations, sent a letter confirming that Peking University HSBC Business School (PHBS) has once again been awarded accreditation for a maximum period of 5 years.
The letter from AMBA
A peer review team led by Professor Veneta Andonova-Zuleta, a member of the AMBA Latin America Advisory Committee and the former dean of the School of Management at Universidad de Los Andes in Colombia, conducted an on-site review of the school from March 20 to 21.
The team engaged in intensive discussions with the school's leadership, thoroughly examining aspects such as the school's mission, vision, strategic roadmap, internationalization efforts, financial management, faculty quality, and research endeavors. Additionally, they had discussions with directors of EMBA and MBA programs, faculty members, students, alumni, and employers to gain a comprehensive understanding of their evaluations and suggestions for the school and its programs, covering curriculum design, innovative cultivation, and social service.
The peer review team with the school leaders
According to the AMBA’s feedback, the peer review team highly praised the school's achievements, acknowledging its top-notch facilities, impressive progress in research, and faculty development. The delegation was impressed with the school's outstanding EMBA and MBA students and alumni, emphasizing the commendable efforts in fostering exchanges between EMBA, MBA, and full-time master's alumni. They also made suggestions for the future development of the school and its EMBA and MBA programs in terms of development strategy, international cooperation, faculty recruitment, and core curriculum design.
The school now holds the Triple Crown
Founded in the UK in 1967, AMBA, along with AACSB (Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), is recognized as one of the three leading international accreditation systems for business education. Unlike the other two systems, AMBA only accredits the MBA portfolio within a business school, focusing on the development of business and management practices. In May 2019, PHBS passed AMBA accreditation with a maximum period of 5 years.
Currently, only about 2% of business schools worldwide have received AMBA accreditation. Though a young institution, PHBS is now among only around 1% of business schools worldwide to hold the “Triple Crown” —AACSB, AMBA, and EQUIS.
By Annie Jin
