On July 1st, Lauder Business School (LBS) added a page to its history! During the ACBSP Conference ’23 in Chicago, IL, LBS was honoured with the official Certificate of Accreditation, bestowed by the Accreditation Council for Business Schools and Programs (ACBSP). The event, known as the Accreditation & Awards Gala, marked a historic occasion for LBS and a glorious culmination of years of hard work and dedication.

Key members of our institution attended the ceremony, representing LBS with well-deserved pride and joy. Quality Manager. Birgit Wakonig, BSc, MSc, Executive Director Alexander Zirkler, Director of Studies for International Management & Leadership and Strategic Finance & Business Analytics and Member of the Council Prof. (FH) Dr. Tamás Csermely, MSc, as well as Director of Studies for International Business Administration and Member of the Council Prof. (FH) Mag. Julius Dem, MBA, received the official certificate – a noteworthy recognition of LBS’ commitment to delivering academic excellence in business education.

ACBSP is a leading global accrediting body for business programs, dedicated to recognizing institutions that demonstrate outstanding teaching, learning, and student outcomes. This accreditation is an official confirmation of LBS’s commitment to providing students with a top-notch education that prepares them successfully for their careers in business.

Ms. Birgit Wakonig, BSc, MSc, Quality Manager at LBS, the driving force in the accreditation process, expressed her gratitude stating, “Receiving the official Certificate of Accreditation from ACBSP is a significant milestone for Lauder Business School. It is a recognition of the hard work and commitment of our faculty, staff, and students in upholding the highest standards. This recognition reinforces our position as a leading institution in equipping students for successful careers in the competitive global business landscape.”

Mr. Alexander Zirkler, Executive Director at LBS, added, “We are honoured to receive the accreditation, which acknowledges our unwavering commitment to excellence and quality in business education. It highlights our commitment to continuous improvement and academic rigour. We look forward to leveraging this recognition to cement our position as a leading academic institution, and developing international partnerships to enhance the quality of our programs and contribute to the success of our students and alumni.”

The Accreditation & Awards Gala at the ACBSP Conference ’23 was an opportunity for LBS to celebrate its accomplishment alongside other notable institutions from around the world. This gala serves as a platform for recognizing and honouring the special achievements of teachers who excel in their classrooms, presenters who stand out in their region, and members who have succeeded in completing their accreditation this year, fostering a sense of community and cooperation.

The accreditation process undertaken by LBS involved a thorough evaluation of various aspects including leadership, strategic planning, relationships with stakeholders, quality of academic programs, faculty credentials, and educational support. By meeting these rigorous standards, LBS demonstrated the exceptional quality of its business program and its commitment to continuous quality improvement.

“Lauder Business School has shown its commitment to teaching excellence and to the process of quality improvement by participating in the accreditation process,” said ACBSP Chief Accreditation Officer Dr. Steve Parscale. “This accreditation is evidence that Lauder Business School is committed to providing the highest quality business education for their students.”

With the ACBSP accreditation, LBS joins the ranks of prominent business schools worldwide that have successfully met the high standards established by this prestigious accrediting body. This recognition strengthens LBS´ position as an elite business education institution, assuring students, employers, and stakeholders of the school’s highest academic standards.

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