The Faculty of Business and Management (FOBM) at the University of Balamand has achieved the AACSB International Accreditation (The Association to Advance Collegiate Schools of Business), a globally recognized hallmark of excellence in business education, research, and societal impact.
AACSB International is the world’s leading accrediting body for business schools. With members in over 100 countries, AACSB promotes quality management education through a mission-driven and peer-reviewed process that emphasizes strategic management, innovation, faculty excellence, impactful research, and societal engagement.
Out of approximately 18,000 business schools worldwide, only about 1,000 have achieved AACSB accreditation, representing less than 6% of institutions globally. This distinction firmly positions FOBM among the top tier of business schools worldwide, making AACSB accreditation the definitive gold standard of business education.
Reflecting on this achievement, Professor Karim Rebeiz, Dean of FOBM, stated: “When I joined the Faculty in 2021, the prospects appeared uncertain. Yet through a remarkable collective effort, we turned things around and achieved AACSB accreditation in 2025. This milestone, earned amid Lebanon’s most difficult years, is a proof that dedication and collaboration can overcome any challenge.”
UOB President Dr. Elias Warrak congratulated the Faculty on this exceptional achievement, saying: “This accomplishment reflects UOB’s unwavering commitment to quality, education, and societal impact. It demonstrates our determination to uphold global standards and to prepare leaders who will contribute positively to their communities and beyond.”
Through this accomplishment, FOBM joins the ranks of the world’s elite business schools and institutions dedicated to advancing business education that transforms individuals, organizations, and societies.