The Faculty of Business Administration (FBA) has successfully completed the Continuous Improvement Review process and received a renewal of its accreditation from AACSB International, the Association to Advance Collegiate Schools of Business. Founded in 1916, AACSB International is the longest serving global accrediting body for schools offering undergraduate, master's and doctoral degrees in business.
Currently, only 755 schools of business, or less than five percent worldwide, have earned AACSB accreditation. To renew accreditation, a business program is required to undergo a rigorous internal review every five years, at which time the program must demonstrate its continued commitment to 15 quality standards, as well as to continuous improvement and achievement of learning goals in degree programs.
Bilkent FBA had received its initial accreditation in 2006 and became the first accredited business school not only in Turkey, but in the entire region. In February 2016, a peer review team visited Bilkent FBA for its second round of accreditation renewal . After reviewing the school's five programs, the team recommended extension of accreditation for the next five years without any reservations. They commended the following strengths, unique features and effective practices of FBA: the process of continuous improvement and establishment as a national brand; the engagement with the society and business community; and the reputation of FBA from the perspectives of students, alumni and employers.